how to protect yourself from further price dumps

We all know that RVN's price has been suffering recently.

I'd recommend shorting an equal amount of coins you hold from this price as a hedge to the bags you are holding. Once your short position is in profit, move your SL to break even. This will hedge you against any further losses.

If price turns around in the future, your short will close at break even.

You can short RVN on FTX.