In the crypto market, a dump means that the prices of coins are rapidly falling. During such times, many people get anxious and quickly sell their coins to avoid losses. However, experienced investors believe that instead of panicking, one should invest a little when such situations arise. When the market pumps again, the joy of making profits is something else altogether.
During a dump, prices decrease, which presents a good opportunity to buy coins at lower prices. If you exercise patience and wait for the market to go up again, you can achieve good profits. This strategy can prove beneficial for long-term investments.