The basic solution in times as this for traders is to Hold their/your capital in fiat or stable coin then wait patiently, then you get into the trade after there has been few more rekts or tokens has reached the bottom.
What do you think? Is it a smart move at this time?
When price is dump,don't panic ,stay calm,hold and wait until it can go up again so that you don't lose. Also it's time to buy other asset to gain more when the market move upward. Panic during this time won't help us. A trader and investor must have a positivemind always and risk taker personality.