I guess it depends what your longer term ambitions are. HIVE (STEEM) was about this price when I started building my account by Dollar Cost Averaging (DCA). I put aside a small amount and used that to buy HIVE every week, regardless of the price, until I reached Orca. I also built my SPI and EDS stacks during that time, too.

I'm still building towards 100,000 HIVE, but I have some other off-chain priorities at present, so although I have bought some more HIVE on the way down, I've used my budget for now. For me, having some clear goals about what I am doing, using tactics like DCA and taking my time to learn market patterns all help to manage dips, rebounds and pumps.

I've just done a quick calculation: at current rate of growth, I'll make 100k HP in three years time. Even before that, though, I will have achieved my passive income targets. I'm very happy with that 😍