Two basic things that can give you an advantage

[LogitechMouse]

First, the attitude must remain calm by thinking that it will recover.

It seems pretty easy to do but in reality, it is very hard to do and that is the reason why most investors lose their money.
They are panicking when they see the market bleeding. They don't have the patience to wait and just do nothing. They are the ones who doesn't have a Plan B with their investment. They are the ones who are just thinking that the market will go up and up and up.

Second, take the opportunity to buy as many coins as possible, such as top 10 coins.

Agree with this and I just hope that most newbie investors will do it because the top 10 coins are the less riskiest ones to invest with. Of course there are still risks on it but comparing to lower market cap coins, they are a bit lesser risky than them. As for me, 3/4 of my total portfolio are in Bitcoin and Ethereum and 20% are in the other top 10's . 5% are in the shitcoins and I don't care if I lose it.

[King Khaizan]

Discipline in analysis.

Yes, even if you are in a down condition, make sure you continue to analyze and take into account the various risks of buying digital assets. Don't get carried away by FUD and FOMO which can eliminate discipline in analyzing price movements of crypto assets.

[imstillthebest]

You are right but some times when you buy the dip the dip goes dipper lol, just imagine if bear market is already around the corner?

well that was unavoidable because we cannot read what will happen next but if you believe you have bought at a good price why would you regret ? but the op could be wrong when he said buy as many coins during the dip .
why not buy small amounts so that when theres another dip , it would not be regretful and you can buy again .

[adzino]

Yep, the first thing to do is to remain calm when you see the marketing crashing. Don't panic and sell. The market will eventually recover. You will likely have two options. First is to take some profit, exit and hope that you will be able to buy at a cheaper price to maximize your gains. This comes with a huge risk. If you aren't able to time everything properly, you will lose a lot of money. Your second option is to keep on holding until your profit goal has been reached. The safest way, but the slowest.

[Kong Hey Pakboy]

The second one depends, what if you don't have enough money to yourself some bitcoin even though the prices are lower? It's different because your life isn't the same or as privileged as other people. What your number should be patience instead.

[Leviathan.007]

There are two basic things that need to be implemented when the market suddenly falls like yesterday to make a profit. First, the attitude must remain calm by thinking that it will recover. Second, take the opportunity to buy as many coins as possible, such as top 10 coins.

This can be true but in my own idea there will be a few steps before these two things you mentioned here, I would say you will need to read more about money management because without money management knowledge you will leave the market with empty hands, any investor/trader got his own plan and that's what you need bore going all-in with any coin, first you need the knowledge of money management. The next step would be to control yourself and your emotions in any condition and stay calm even when the price is falling or rising hard, this self-control makes you earn your reward.

[irsykes]

There are two basic things that need to be implemented when the market suddenly falls like yesterday to make a profit. First, the attitude must remain calm by thinking that it will recover. Second, take the opportunity to buy as many coins as possible, such as top 10 coins.

The second one, that is why people really must know how to manage their capital. Sometimes we are not expect dump will come suddenly. And if we only rely on 1 portion of capital, we only get stuck and hold coins that we already bought. But if have another portion of capital, we can use it as back up capital and take opportunity when coin that we bought in lower price or we can change to another coin that we think more profitable and cover our loss.

[fauzan Ichsan]

when there is a sharp decline in the market, we can take advantage of this opportunity to find support to make a purchase. and if the decline continues, we should not spend our capital in one transaction, so we can buy it back at the next support, and after that I think we can sit back and watch developments until the market moves up again. but remember, it would be better to invest our funds on the top coins

[xSkylarx]

when there is a sharp decline in the market, we can take advantage of this opportunity to find support to make a purchase. and if the decline continues, we should not spend our capital in one transaction, so we can buy it back at the next support, and after that I think we can sit back and watch developments until the market moves up again. but remember, it would be better to invest our funds on the top coins

There are still some scenarios, but if this is a strong support, it is a great way to buy time, but it is not guaranteed to work because anything could happen. What is the best thing to do in a dump is to wait or cut your losses. Since it is your money, if you want to cut your losses, go, but if you want to stay, it is fine. When the market drops, the best thing for me to do is cut my losses so I don't have to think about it, then buy back at a lower price.

[palle11]

Regarding op about the drop, I think more people got the panic mood when price was calling down like iceberg. Newbies may be those really affected with selling in panic, an experienced trader could tether if they are merely hodling.

(usdc and doge) might be bad for long term holding.

Yes doge coin has dropped more than bitcoin have done but I still believe bitcoin bull will pull the doge up soon. Doge coin is cheap at the time selling at $0.25 and a good time to buy.
Ripples also and Ethereum has dropped, truly buying top 10 coins now may not be the profitable because there are more cheaper coins that will give huge profit.

[Sterbens]

Many ways are done by traders or holders. For me personally, I didn't go and didn't check the market for a while. No matter the decline and also the bad news of falling prices. For me, this is just a normal thing where the cycle of ups and downs is a natural thing. Isn't this a challenging moment for us? In addition to teaching to be a patient person, committing to ourselves to keep thinking positively on the assets we hold, educating us to get used to it and be strong if at any time the fall exceeds a few days ago. The market had recovered but it turned out to be an upside trap or what we often call the Bull trap.
Let's calm down mentally and the mind must keep thinking positive in order to avoid continuous stress.

[Ridi]

Yep, the first thing to do is to remain calm when you see the marketing crashing. Don't panic and sell. The market will eventually recover. You will likely have two options. First is to take some profit, exit and hope that you will be able to buy at a cheaper price to maximize your gains. This comes with a huge risk. If you aren't able to time everything properly, you will lose a lot of money. Your second option is to keep on holding until your profit goal has been reached. The safest way, but the slowest.

Yes I agree. And for the beginners who are new in this for those two basic things is knowledge about Bitcoin without this you do nothing and the second basic thing is make best strategy .

[Finestream]

Many ways are done by traders or holders. For me personally, I didn't go and didn't check the market for a while. No matter the decline and also the bad news of falling prices. For me, this is just a normal thing where the cycle of ups and downs is a natural thing. Isn't this a challenging moment for us? In addition to teaching to be a patient person, committing to ourselves to keep thinking positively on the assets we hold, educating us to get used to it and be strong if at any time the fall exceeds a few days ago. The market had recovered but it turned out to be an upside trap or what we often call the Bull trap.
Let's calm down mentally and the mind must keep thinking positive in order to avoid continuous stress.

In an investment that is very risky as crypto, one should always think positively, otherwise you will be crazy thinking when will you'll make profits.
It's normal to see the market always fluctuates because of its volatility so we should keep our patience and faith strong because it will give us advantage more than the others. And stay focus on your goal. Have a concrete plan when to buy or sell so that if you see you are almost there, you will start to embrace it. And always believe in yourself. There's no one you can trust but yourself.

[Sterbens]

In an investment that is very risky as crypto, one should always think positively, otherwise you will be crazy thinking when will you'll make profits.
It's normal to see the market always fluctuates because of its volatility so we should keep our patience and faith strong because it will give us advantage more than the others. And stay focus on your goal. Have a concrete plan when to buy or sell so that if you see you are almost there, you will start to embrace it. And always believe in yourself. There's no one you can trust but yourself.

That's right buddy, in my opinion, we really need to motivate ourselves often or for beginners who are starting to get involved in the crypto world. Because most people who are stressed about seeing minus trades, selling at a loss, panic, and other things that are detrimental, are those who cannot express their emotions when faced with bear market conditions. That's where we must be able to play a role for them.

Although we all know, sometimes it's hard to control your emotions, let alone give advice to others. Well, at least we are in the midst of people with the same goal.

[aylabadia05]

Again, the rules can be described as "repetition, the mother of learning" Or old common truths.
OP, yes, calmness should always be in both a growing and a falling market, there is no place for a nervous one in crypto. I am amused by people who recently bought, and they check their balance every day. Yes, yesterday you bought during, and today you should get rich. Yeah.
 If you are investing, relax, there will be profits, but not tomorrow, just wait. And do not be a greedy fool who invests the latest finances so that in the event of a crypto fall, you will not be left with your bare ass.

Yes. You are right. Greed is the nature of fools in investing. Rising and falling prices are common in the market, but as long as we can position the right time whether it's in short-term or long-term investments, the opportunity for profit remains.

[Reid]

The top 2 will always recover, no doubt.
I think those who are in panic are new guys and it's just normal. Even if you told them to be calm in this type of situation they won't.
It's the first reaction of someone who put his money in and thinking it would be profitable.
It actually sucks to be in that position and that's why the basic thing is you should learn first and read some experiences from veterans.
That way you can be ready and have an idea of what is going to happen avoiding regrets of joining the dump.

[Bitcoin Seller]

There are two basic things that need to be implemented when the market suddenly falls like yesterday to make a profit. First, the attitude must remain calm by thinking that it will recover. Second, take the opportunity to buy as many coins as possible, such as top 10 coins.

I agree with you that if your strategy is long-term holding you just should be calm and accumulate stable coins to be prepared for dip and to be prepared to buy good currencies for low prices.
On the other hand, if there are shit coins in your wallet, or just those tokens that you are not sure if they will recover after fall, you should think about selling off them.

[KaliLinux]

There are two basic things that need to be implemented when the market suddenly falls like yesterday to make a profit. First, the attitude must remain calm by thinking that it will recover. Second, take the opportunity to buy as many coins as possible, such as top 10 coins.

True. I believe the mistake most investors make is panic selling when such dips happen instead of taking advantage of the situation. Every opportunity to pick up some more good coins/tokens at a lower price should be taken though we understand that some investors might not have spare funds at that time also is another problem. 
I also believe that there are good projects to invest in and not just only the top 10 cryptocurrencies if you really know where to look. In this market, people need to make more research on finding potential coins/tokens that will grow in a short time. 

[harizen]

There are two basic things that need to be implemented when the market suddenly falls like yesterday to make a profit. First, the attitude must remain calm by thinking that it will recover. Second, take the opportunity to buy as many coins as possible, such as top 10 coins.

Hard to advise when you are not in the situation. It's easy to say calm. For me, it's ok to panic "responsibly". What does it mean? It means while being under pressure, you are still in yourself and won't do any reckless thing that will make the situation more worst. Emotions are human nature and it's impossible to avoid that.

And for the other one you mentioned, don't just limit yourself to the top 10 coins. Buying as many coins as possible as long as you know what you are doing can also apply to others coins as well.

[ILuckyGuyI]

This correction phase can be beneficial for people to buy even more Bitcoin indeed. It is not good to see the market falling of course but we should see this as a bigger opportunity to buy also in the end. If we take advantage of this situation well, we could make even a greater profit in the long run. We need to keep calm in these situations also. We should show our difference from the panic sellers by managing the condition wisely.