The problem with a dip is if you buy too early, it may still continue on a dip.
I completely agree with only using "spare" cash.
I previously tended to drip feed it into a downward market e.g. with a set amount to spend I would buy perhaps 30% initially, then 10% each day (or set time period) as I watched the market. If it keeps going down, then you are investing overall at a lower price than the start point. If it starts to go up, then increase your %'age so that you don't go over your original "buy in" price. You would have still bought some crypto at below your price then.
Do other people do this, or is it too much of a faff and you just buy in a single transaction when you think the market is at the bottom of a dip?
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You just explained something meaningful. You should watch where the market is going before you keep buying. You can buy the dip today thinking you bought the bottom and be surprised that tomorrow it keeps dipping. When it comes to market and you buying, it is left for you to decide how you wants it.
My advice still stand that you should only key in with spare fund so you don't worry much about the movement of the market.