I looked at the Coinmarket Cap today and almost all of the top 100 Crypto Currency has fallen! All I can see is that fight after the collapse is TrueUSD, USDcoin and Nasda coin. It's definitely hard to recover from this downturn but we just wait for it because I'm sure that the price of bitcoin and other altcoin will rise again and we can recover from our losses.
Yes, high awareness and staying calm will make you easily able to avoid losses, because if we realize this is only a correction and indeed often happens in any market I think, chances are we will not panic and keep holding it, but if there is someone who has high enthusiasm with crypto, so I'm sure this will make him buy more bitcoin and maybe other crypto. It seems that indeed there will be something profitable and disadvantaged to take advantage of moments like this.