Advertisement
Anonymous
How to buy the dip if the dip keeps dipping?
Ever since the US markets started dipping, I've been trying to buy a bit more to lower my average cost price (e.g. BABA). But the dip just keeps dipping and I don't have enough funds to keep buying. Any strategies you guys use to buy a bit more during dips? Please don't tell me DCA, I think we all know to DCA but just wanna buy a bit more of the dip HAHAHA
32
Discussion (32)
Learn how to style your text
Reply
Save
Employ technical analysis to better time your entry points. this will also better allocate your limited funds available
Reply
Save
Colin Lim
29 Mar 2021
Financial Services Consultant at Colin Lim
Use the ATH of baba, do a 5%,10%,15%,20%,25% DCA.
Reply
Save
Its all about entry price and whether the company is fundamentally sound (not a wework aka unicorn)...
You would want to avoid catching the proverbial falling knife... and when you DCA there must be some lvl of assessment as to whether the price entry is logical compared to their fundamental value...
I think like what Buffet said:
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price
This applies to DCA...
Reply
Save
That's a good question because buying the dip is never as easy as it seems especially when it does k...
Read 4 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Posts
Advertisement
If you don't have the time to research, buy the dip on ETFs rather than individual stocks, where your risk of being a bag holder is much higher.