One of the best strategies to distribute risk while buying on dips is to diversify into two specific categories:
1. Coins that show strength and don't go down a lot (with spot buying rather than perps)
2. Coins that absolutely puke but retest important levels while clearing out all leveraged longs
Examples of these categories in the latest correction:
Category 1:
PENDLE (continue to be very bullish on this and all assets that give easy and legitimate yield)
TON (silently mooned the past few weeks and now stronger than other L1s in the correction)
Category 2:
INJ (Market kind of forgot about it but one of the laggards that has a lot of potential to run it back up after sweeping some lows and a funding reset)
RUNE (testing December highs which are previous resistance + OI reset in that move)
Not Financial Advice.
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