When the market cools down and liquidity thins out, my first reaction isn't "buy the dip," but rather to avoid getting wiped out by slippage and transaction fees... If I do buy, I split it into smaller batches, try routing through multiple paths twice, and prefer to buy later rather than going all in and getting trapped, doubting my life choices. When liquidity dries up, prices may look cheap, but the real scary part is the exit cost. To be honest, first withdraw what you can, reduce your position to a level where you can sleep peacefully, then talk about picking up bargains. Recently, the NFT royalty debate is quite similar: I understand creators wanting to earn more, but the secondary liquidity has been scared away, and in the end, no one can trade. Anyway, I'm now more concerned about whether I can exit at any time—don't let emotions lock you in.