i don't know who needs to hear this but the best thing you can do right now is take a break shut it all down: laptops, mobile phones, social media, etc resist the urge to revenge trade, to open new leverage positions, or to try to make it all back immediately today's liquidation event is the biggest altcoin liquidation event i've ever seen in my time in crypto a lot of altcoins crashed 70 - 80% in minutes, most exchanges weren't working, stop losses didn't work for many, and many reported their buy orders weren't going through we're going to be hearing a lot more about today's event: funds and market makers that got carried out, individuals that got liquidated on all they had, and people whose financial fortune has been drastically reversed i wish i could tell you that i wasn't affected by this event, but i took a pretty big hit as well on leveraged positions we can't always control events that happen to us, but we can always choose to take it in stride do i think it is okay to buy the dip? i think yes. a lot of coins are down massively and i do not believe the bull run (or Q4 rally) is over however, please only buy spot and don't touch leverage if you have to buy the dip i understand the temptation to long the 'bottom,' especially with many altcoins down massively. but if they can nuke 70–80% once in minutes without any bounce or relief, they can do it again take as much break as you need right now, and pay very special attention to your mental health tune out social media, because there will be a lot of insensitive comments flying around — and more toxicity that could compound your mental state isn't what you need right now realize that if you made it once, you can make it all back again — and more! but only if you survive and are in the best state of mind 'the LORD gave, and the LORD hath taken away; blessed be the name of the LORD' — Job 1:21