I'm living proof that buying the dip can work, just did it last week and made a tidy profit. Doesn't mean it's a guaranteed strategy but don't @ me with blanket statements.
totally agree. but the people perpetuating this myth are the same ones who'll get squeezed when it finally reverses and they're left wondering why they didn't just hold on.
seriously can't believe it either. doesn't take a financial genius to know that dips are actually just corrections in disguise, and the real struggle is figuring out when to not buy.
finally, someone who gets it, buying the dip is a false narrative. almost as bad as the "recovery" stories on linkedin about how you weathered the storms only to sell low. give me a break.