Must do this when the market corrects to have an advantage over all other investors:
1. Determine whether to hold or cut losses. Many investors are not sure whether they want to hold long-term or trade short-term, thus delaying making a decision to cut losses. When the decision is delayed, the loss may cause the account to decrease very deeply.
2. Determine Trend. There are many categories on the market. Identifying trendy segments can help you make profits faster than other investors. In addition, always identify the projects that need to be purchased in that trendy segment.
3. Find buying points. The market can reverse very quickly, so you can identify price zones where you can buy certain tokens and place a Limit Order in advance and wait for the order to be matched.
4. Prepare Stablecoins. When the market is in a state of Panic Sell or FOMO, buying Stablecoins will be more expensive than usual. Therefore, prepare Stablecoins in case of the above situation and you can comfortably "buy the dip" without worrying about expensive stablecoins.
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