Definitely not a great strategy for those working with smaller amounts of capital because the 2x-3x of Bitcoin may not be significant enough to really increase your other positions before they start to rise. Also the market has no definite pattern to follow. For us newer participants in this space take this time to study the market and form a few strategies for the next inevitable dip. Hodl strong this market is well established and is not going away, going lower in the short term perhaps. If you invested money then you should be a believer in this space and riding this down turn should be no problem.