For investment with a long term time horizon, I don't see anything wrong with buying the dip. I myself bought a few stocks on Tuesday (my GTC orders got filled while I'm in dreamland) and these days I only buy on red big days when there's fear especially when there's blood on the street including my own 😂. On the contrary, I rarely buy during green days unless I'm taking a short term trade.
What hurt is not buying the dip and see it drop further. In my experience, what hurt is not having a proper plan. For example, a short term trade becomes an "investment" or an investment becomes a short term trade (selling with a small profit and see it grow multiple folds and not reaping the rewards). So it's best to have a clear plan and follow through it.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Great