This trading strategy of mine is all about waiting game, you will need lots of Patience to make good gains, lets go straight to the point.
If you have some money and you are looking into buying bitcoin, it's better to consider buying Bitcoin with half of what you can afford to lose and use the other half to buy stable coin.
List of few good stable coins I use or own
USDT
USDC
DAI
IF MARKET GOES GREEN
If market goes green you will still be making profit from your bitcoin that you are holding.
IF MARKET GOES RED
You will be able to multiple your Bitcoin by using your usdt or Dai to buy back more Bitcoin. It's simple as that, erase greed and focus on making profit from RED and GREEN Market.
It is not easy as it is but thumbs up for you if you profit from that. Not all traders are making money from the game of waiting.
Stable coin indeed id a safeguard against the dump or similar trend. You just have to set a definite tolerance on what specific price range movement will you consider to convert your holdings to stable coins.