I know we all can make a good profit when markets are going up but since last, one-month markets are down. So how is your portfolio is doing and are you selling or holding?
When market is down, many investors just hold their cryptocurrencies and wait for the prices to go up again. This type of strategy is effective for some coins that have long term potentials. Coins like bitcoin, ethereum and ripple are the best suited for long term hold. Sell only when their price reaches your target price or another possible all-time high. Panic-selling will only leads you to more losses in the future.
I don't think you have to do much. During the down time you should keep the crypto and hold your coins. To always feel comfortable every time the cryptocurrency falls, you just have to concentrate on the crypto market carefully before investing and then choose when the market goes down to buy, you will not have to worry about the value of crypto coins.