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In corrections/dips like these, what's your personal strategy?

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by COINS NEWS 212 Views

I have limited funds set aside for dips like these. I'm stuck between averaging down my long term holds, and investing in new projects that have caught my attention. Cannot. Resist. That. 25$. DOT. But also, some of the low mcap coins that I see potential in are seeing almost 40-50% pull backs since their ATH. Especially with RMRK, I believe RMRK will see a lot of interest in the NFT field because of their advanced NFT platform and deflationary tokenomics. I'm also looking to explore launchpads in up and coming layer 1 protocols like avalanche, Elgorand etc...

What do YOU do? Do you take the chance to get more exposure in other projects, or is this time to average down?

submitted by /u/AmensiacKidA
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