Sound advice from an old timer

Background. Started investing in 2020 around march. Had 1k. Saw that get sliced to below 500 dollars.

First I thought to panic sell it all, I was ruined. Then I remembered Buffetts advice. Buy when there is blood on the streets. So I bought, and had a heck of a return.

Now we face the same thing. Down 50% but this time we have a stronger economy so buy when there is blood and enjoy the next 10x in a few years.