Buying the dip has its bad side and that's unable to predict market movement You buy the dip, it goes dipper. You buy the high, it goes dipper, you convert to usdt, it starts surging ....I quit buying low selling high for now
I can relate, this happens mostly when you are not a pro in TA or when you don't enter a coin early when there is FA. However, sometimes general crypto FUD can dump a coin you are optimistic on, best way to always reduce loss is to set stop limit or stop loss. Trading involves gaining and losing if the trade goes south, if you win 70% of your trades, then you are good.