The value of an asset isn't about its current price but rather its future expectations—this is something many people don't understand. If you can grasp this, you'll realize that what some call 'buying high' is actually 'buying the dip,' and what some call 'buying the dip' is actually 'buying high.' ps: Be cautious about chasing highs during extreme FOMO in the market, as emotional premiums tend to be high and part of that premium will fade later.