They key to making money in the stock market is to have a good balance between risk & reward.

Here is what I plan todo.

Have 80% is something that is very safe like 1 Year treasury bills that appreciate by like 5% per year.

The remaining 20% should be put in high-risk, high-return instruments like BTC (or other Coins you see potential in), Small Caps & Midcaps of companies and these tend to always appreciate way more than the index or large caps in a bull market.

- Be wear of financial euphoria i.e only buy in a bear market like this one and never buy in a bull market (you should be selli in bulk markets)

- Keep your quantity of shorting to Zero, statistically the market is biased to go up. The maximum you can make from shorting something like BTC is 100% profit, by going long how ever BTC or other stocks can easily grow by more than 100% like how BTC grew by 800%

I prefer this to index investing because the index can tank by 30% in one day and if your 100% in the index and the timing is unlucky i.e your getting ready for retirement, you may not be able to wait in the stock market to recover from these losses.

Being unable to wait for the recovery from losses is referred to as reaching an "uncle point"

The barbel-strategy I have described above of 80% T Bills & 20% high risk, high returns. Trys to eliminate these uncle points.

There are really only two solutions to risk management, either you reduce your, investment in risky assets or you invest 100% and buy insurance, otherwise your just a sitting duck for a financial meltdown.