Personally, I've just been buying the dips. Yes, my recent longs are mostly underwater - but they are only about 10% in the red (I put in 2 large long positions at 10.5-11k). However, my longs from 3.5k, 5k, 7k are in massive profits. SO, I'm not really worried if this does drop to 8k or 7k. I don't think it will, but I'm prepared if it does. I'm done buying after this level though and will begin scaling out at 20k and above... that was my plan since 2018 and I'm sticking to it.

Like the post below, the point is not miss out gains and not sell out some of my best positions from the beginning of this bull cycle during these shakeouts. More than anything, I'd hate to sell the bottom of these corrections. I can see how people who are just now looking to enter are afraid this may go lower, but you gotta pull the trigger at some point people. I absolutely hated my first buy 3.4k (and was in the red for a good amount of time,) but looking back now I wish I had gone all in.