Hey base on the post I read today many people are hesitating to sell and panicking because of the bitcoin downfall that is happening today so I will just make this short and helpful (note to traders and holders that will comment here about my topic, that my top ideas is just basic but remember that we still have those people who do not understand this well)
HOPE THIS WOULD HELP PEOPLE WHO ARE PANICKING AND THINKING ABOUT IT TO MUCH.
1. Do not panic when market value is decreasing
2. Do not even think of selling you bitcoin or ethereum
3. Do not think about it to much, why? because it will rise like before it got really high and for that a man got a car ,a luxury to point that out. So maybe like him you will get rich BUT in a long term situation
Edit: additional. So, I suggest you go and hold next thing you know your might get rich
FOR INVESTING OR TRADING:
4. DO not invest really high that you can lose (DON'T INVEST WHAT YOU MAY LOSE)
5. study the past history of market value ( when holding or investing and even trading)
The number one problem in the market is panicking, most of the people today are selling their coins because they cannot handle the pressure and as the time goes by, the prices are dumping which is a chain reaction for other investors to sell their coins as well.
Yeah i agree with you mate most of people are panicking during the of dumping the value of bitcoin and selling their bitcoin investment because of nervous.
This kind of reaction of thepeople are normal but need to learn how to calm and control themself because this the way to avoid lack of loses. I don't know why people didn't understand well the principle of bitcoin, selling of bitcoin during the dump are not avisable.