During market downturns
Focus on adding strong coins (high to mid-cap) to your portfolio
These coins tend to be more liquid (meaning they can be easily bought and sold) and show resilience during dips
Avoid adding highly speculative coins (low-cap or "shitcoins") during dips
While these coins offer potentially high returns
But they also carry very high risk
Especially in volatile markets
If you're interested in them
Then allocate a small portion of your portfolio specifically for this purpose
But wait for a clear "shitcoin season" before increasing that allocation
Don't panic-buy during dips
Instead, use a Dollar-Cost Averaging (DCA) strategy
But with a twist
Aim to invest only when prices are at least 30% below your original target price for your long-term holdings
This way, you're taking advantage of lower prices while minimizing the risk of buying at a local high
Plan for red days
Always have a strategy for downturns
This includes knowing when to add high cap coins
When to potentially add riskier assets
&
How much to invest at each point
By diversifying your portfolio and having a clear plan
You can use red days as an opportunity to grow your holdings for future good days