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)
As I know only patience is the point to keep survived on real market in any condition. Your post is like detail about patience it self and keep hold our act about anything on real market. For me, your post is very good. I have another knowledge is strategy how to choose alternative way to face market.
Currently the market is suffering from down falls and all we need is to survive and wait till the high or favorable market for sellers. If you do not want to place more money in the current market then hold tightly and do not think to sell because we have seen recoveries after downfalls and this time same will happen. However it is the opportunity to buy Bitcoins in such a favorable market at low price will charge you less and will give you large quantity coins.