It depend on the kinds of coins you are planning to buy. Coins like bitcoin, ethereum, ripple and other top coins are good to buy even their price sharply because they are already known to recover later. Coins with no purpose will take a long time before bouncing back and other just never recover at all. Research the coin you want to buy to find jf that coin has the potential to go up after a sharp fall.
Exactly. Always the market provides us chance to buy coin, especially if you capitalize on the sharp drop, you can have opportunity to get a significant benefit but it also depends on coin you choose. Almost all people in crypto community have known a renowed method, that is buying low and selling high. As you know when you buy coin with a lower price, you may partially reduce the loss as well as the risk. However, most importantly, to reap fruits, it also depends on your patience, because the price will not rise quickly, sometimes you have to wait for a very long time.