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 on Panic if the price of bitcoin is dump. Especially when l am in need l used to sold already because l need money for my kids. But now people panic on holding bitcoin because of the promising price in the future.
This is very natural for all traders to get panicked when the coins are not moving according to their choice. Since crypto market is unstable and all the coins here are of volatile nature so we should not easily lose our control when coins pump and dump unpredictably.
The best thing in dumps is to hold onto coin until it recovers its previous prices. You should not waste money just because of your emotional decisions.