Don't just buy the dip blindly. Make sure it's a good company n good stock in the first place, and it will still be a great company in 10 years. Next is to find out the intrinsic value of the company. Don't buy when it's overvalued. Buy only when it's cheaper than its intrinsic value. Next is to time your buys. Look for areas of support to buy cos that's where the stock might bottom and rebound. If it's a great company like Apple, Nvidia, it will surely rebound in the future. Just look at those who bought Meta, Amazon, Alphabet, Microsoft during the bear market in 2022.
Do You Have Good Strategy to Buy the Dip?
After I buy the dip, the stock loses -18%. And I buy more dip, the stock dips more -12%.
People say you can't time the market. But I've proven that wrong. I buy the dip at the beginning of a bearish trend. Or you can call it a top.
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Do you have ability to time the market like me?
What’s your good strategy for buying the dip?
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