A “dip” refers to a temporary decline in the price of a cryptocurrency. This phenomenon is often characterized by a rapid reduction in value over a short period, which can be caused by various factors such as market sentiment, regulatory news, or macroeconomic trends.Investors often view dips as opportunities to buy at lower prices. The idea is that after a dip, prices generally recover, leading to potential profits when the asset regains value. It’s important to note that not all dips are the same. Some may last just a few hours, while others can persist for days or weeks. Understanding the reasons behind a dip can help investors decide whether to buy, hold, or sell their assets. However, investing during a dip carries risks, as there’s no guarantee that the price will rebound. Therefore, careful analysis and consideration of market conditions are crucial before making any investment decisions during such periods.