Panic selling is a rookie mistake, admittedly one that I've fell for when starting out. Unless the coin is known to be pumped up for a dump artificially or there's a sudden change of plans (premine being sold off, major vulnerability found, etc.), dips can mostly be ignored, as more often than not the market corrects itself and mining difficulty increases pay off in the long run.
If anything, especially with larger coins, buying the dip is the way to go.
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'm panic when price is going down because lm only hoping for my salary, so when price is very low lm so much affected because l don't have choice but to cash it out. Instead of waiting for the time to pump the price so that l will have the opportunity to earn bigger amount than l expect.panic will enter to me lf l am badly in need. Especially now l have so many debts that's why l always go panic. But once l get a big-time in bitcoin all my problem now is sold..