For me if another price drop happen i will add more coins. Corrections and pullbacks are normal since there are negative new about a stock/coin that you are buying. If you are investing and trading then you should know how to take control and get an advantage to people who are fearful.
There is always two different kind of investors the smart type and the emotional type. Smart investors are those who are always calmed even in this situation and look as it in a different perspective. Like it is decreasing but they're happy to it for the reason they buy more. But emotional investor are those who decided for what they feel is right without studying the market chart itself. It is more prone in losing.
Yep, 90% are emotional traders/investors (maybe even more on crypto markets) and they don't have exactly strategy of what they will do for each possible scenario.
Because of these investors and traders, I often observe panic in the chat rooms. It annoys me. These people have come to the crypto currency and therefore must understand that this is associated with greater risks
risk takers are the most wealthy people inside crypto industry as they can hold their emotions even everything already in its red status, those people
who cant carry pressure should avoid the trading business, its better for them to look for another venue of investment.
Exactly, emotions can be good when you can handle it. In most times those good players on market are those who conquers those treats. Experienced can teach them the right way on dealing with it. I'm guilty on that when I'm new and mostly have passed those stage on they're trading career. It is in nature that human beings have emotional tendency and we can't take it out easily.