Trading during a market dump when prices are falling sharply requires a careful approach to minimize risks and potentially capitalize on opportunities. In summary, it's involves a combination of risk management, technical analysis, and strategic positioning. By staying disciplined and informed, you can better navigate the challenges of a declining market and potentially find opportunities amid the volatility. Here are some advice for you:

1. Assess market conditions
- Market Sentiment: Gauge the overall sentiment by analyzing news, social media, and forums. Market dumps are often driven by fear or negative news.
- Technical Indicators: Use technical analysis to understand the current trend. Indicators like moving averages, RSI, and MACD can provide insights into market conditions.

2. Implement risk management
- Stop-Loss Orders: Set stop-loss orders to limit your losses on trades. This is crucial in a highly volatile market.
- Diversification: Avoid putting all your funds into one cryptocurrency. Diversify across different assets to spread risk.

3. Monitor and update
- News and Updates: Stay updated with the latest news and developments. Crypto markets can be highly responsive to regulatory news, technological updates, and macroeconomic factors.
- Adjust Strategies: Be flexible with your strategies based on changing market conditions. A strategy that works in one phase might not be effective in another.

4. Look for rebound opportunities
- Buy the Dip: Identify strong, fundamentally sound cryptocurrencies that are significantly oversold. Buying during a market dump can provide opportunities if the market rebounds.
- Technical Patterns: Look for signs of a reversal or bottoming patterns, such as bullish divergences or support levels.

It is important not to get carried away by emotions and wait for signs of reversal, crypto markets are highly volatile so be prepared for rapid price swings and emotional decision-making.