personally, when the dip occurs, I convert 50% of the assets I own into BNB. probably a lot of other people are targeting BItcoin, or ethereum, and that's not wrong, in fact it's a pretty much recommended option when the dump happens. however, I also bought some LUNA coins, but not many. It's like an investment where when it's not worth it, it doesn't affect my life.
however, for a dump type like a few days ago, popular coin options are the best. however, I think that it's an opportunity to make more of my BNB assets.
A lot depends how useful is the project and what tools it offer. Now a lot of new projects appear but it is very important to evaluate the potential of the coin such as
https://twitter.com/CorsacV2/status/1526405278094266368 which allows to get 9% BUSD 💰 rewards with utilities!