In crypto and stock trading, DIP refers to a "dip in price" — a temporary decrease or drop in the price of an asset (like Bitcoin).
When someone says they "bought the dip", it means they purchased the asset during that price drop, expecting it to go back up later and make a profit.
Example:
Bitcoin was at $110,000.
It dropped to $105,000.
A trader buys at $105,000 — they just bought the dip.
It’s a common strategy, but it comes with risk — prices can always dip further.