"Buy the dip" is like the "YOLO" of the crypto world - it's what you say when you're feeling reckless and you want to throw caution (and your life savings) to the wind.
The idea behind buying the dip is that when prices are falling, it's a good opportunity to buy in at a discount. Of course, this assumes that prices will eventually go back up. If they keep dipping, you might end up "catching a falling knife" instead of a bargain.
Example
"I've been waiting for Bitcoin to dip below $30K so I can buy the dip. I'm going to be so rich, I might even be able to afford a studio apartment in San Francisco."
"Every time there's a dip, I see all these crypto influencers on Twitter telling people to buy the dip. It's like they think they're the Wolf of Wall Street or something."
