Buy the Dip
A strategy (and popular crypto phrase) of purchasing an asset after its price has dropped, on the belief that the decline is temporary and the price will recover. Buying the dip works in uptrends but can be costly in sustained bear markets.
Mike Starr
Founder, CryptoWizardTools · M.S. Organizational Management
Last reviewed: August 2026
Related Terms
Support Level
A price level at which a cryptocurrency has historically found buying interest, preventing it from falling further. Traders watch support levels closely — if the price falls below a strong support, it may signal further downside.
Exit Liquidity
The buying demand that allows early holders of a token to sell at a profit. In a scam context, "providing exit liquidity" describes the situation where retail buyers unknowingly buy tokens that insiders are dumping.
Double Spend
A potential flaw in digital currency systems where the same coin is spent more than once. Blockchain technology solves the double spend problem by using a distributed ledger that confirms each transaction only once across the network.
Block Explorer
A web-based tool that allows anyone to search and browse all transactions, wallet addresses, and blocks on a blockchain. Tools like Etherscan and Mempool.space are popular block explorers.
Whitelist
A list of approved addresses allowed to participate in a token sale, mint an NFT, or use a feature. Whitelists reward early supporters but can also exclude ordinary users. In security, a whitelist also refers to approved, trusted addresses or contracts.