A famous trader is often quoted for saying Buy when there is blood in the streets, even if it's your blood.
Yes, Nathan Rothschild. I tend to apply this more to stocks and shares though. In the crypto world, rug pulls, scam coins and such are much more prevalent.
In stocks, NVDIA is available with a nice haircut on price currently is a good example of taking advantage of the blood on the street. Deepseek is afterall still using NVDIA GPUs...
RE: Rune gets wrecked