Upon seeing this comment I just realized that we are in a ghost month. It's a Chinese belief but knowing how big its economy is and its worldwide contribution then I won't be surprised if many non-Chinese are also practicing the same beliefs when it comes to the open market.
Yes with that scenario Im sure even non Chinese would eb caution. But if you are a holder, then nothing to worry cause everyone knows after the ghost month it will be the real market movement. This drop is now occuring due to that reason but as September approaches that will be the start of a new market trend.
If you got more stables then you could add many altcoin in this bargain sale.