Implement Options Strategies- Utilize options like long puts, short calls, or iron condors to hedge positions and profit from volatility fluctuations
Maintain Adequate Cash Reserves- Holding cash allows flexibility to seize investment opportunities when asset prices become more attractive during market downturns
Diversify Your Portfolio- Spread investments across various asset classes to mitigate risk and reduce the impact of any single asset's volatility
Focus on Quality Investments- Prioritize companies with strong fundamentals, as they are more likely to withstand market turbulence and recover swiftly
Adopt a Long-Term Perspective- Avoid making impulsive decisions based on short-term market movements; focus on long-term investment goals and strategies