Buy the dip & hold long term if you are not waiting to use the money in the near future. Don't look at the share prices daily. Read up on news that might affect BABA. That way, u are keeping abreast with the developments.
Sounds like a plan. But must be mentally and financially prepared that price might dipped further after a purchase. Make sure u can hold it out long enough for mkt to recover and wait for target price to cash in.
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