For the new ppl, it’s important to be able to differentiate what kind of memecoin dips you should fear and what kind of dips you should welcome If the play you’re in is a high conviction play: > timeless (no expiration date) > universal (high valuation ceiling) > has proven to be able to survive its incubation phase (the first few months) and reach a certain scale (Mcap, holders, mindshare) while still having not reached its full potential yet > and the community gives off great energy and conviction then you should probably welcome dips to potentially increase exposure if you didn’t get the chance before. This is ofc assuming you believe the overall market will stay bullish in the foreseeable future The dips to fear imo are those that mean the attention won’t ever come back to the token > short term trend with an expiration date > niche meme that didn’t manage to capture a broad audience > no social coordination or signs of wanting to build smth in the community (short term traders vs believers) Other dips to fear are those that happen in a high conviction play after a blow-off top scenario in the billions of valuation for example or those that are caused by a macro regime shift (overall market about to enter a phase of downtrending)