The best thing to do is really learn the market well. Then when you see big drops that is the time to buy some more. Unless you see in the news or something that the drop is caused by something really serious. Plus I kind of think that some big investors are buying and selling large amounts dropping the price so they can buy right back in. I may be wrong on that.
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Thank you for that insight
I agree with you @joeyknowsbest. Also some of the bigger investors like to take profits and diversify more into other forms of investment such as metals (gold, silver etc), other cryptos maybe, and so forth.