What would you do if you bought into a stock on the first day of the dip (Monday Dow -1000), it dips more on the second day (Tuesday Dow -800) and on the third day it's looking to drop further?

If you are sure that the companies you have bought are fundamentally strong companies with a strong management team, then you should average down and buy when the stock dips further, so when it rebounds you will be sitting on a large captial gain and the dividends that was paid out.

All this starts with a prudent stock selection in the first place

when you're 100% convinced that it is an at least decent stock,

you should hold it. particularly when you speak of the current Corona Dip.

Though there still can be grave global repercussions, I feel despite of all the tragedy,

after at max 1 year all difficulties are overcome.

Though I hold single stocks myself, I am convinced today

diversified passive indexing ETFs are the better alternative

(i also follow - mainly - the latter strategy myself)​​​