Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?
I do not panic. I used to panic and sold my tokens with emotions running really high. Right now, I don't care anymore. I am emotionless when it comes to trading. If my tokens will go as down as 1 satoshi each I will not react even. For as long as the project is functioning, it will go high for sure.
The Chinese decision is very painful for me because I have invested a lot of money in bitcoin and I thought that if bitcoin was banned all over the world then what will we do? My all investment will be lost. And it was the reason to be panic because after their decision of banning on bitcoin in china the price came down to as low as 2900 dollars from that of 4600 of 4700 dollars. It was not good for investors.