The first and main mistake of newbies in the market is that they start selling coins at the first danger. There are a lot of stressful situations , but you need to forecast all possible ways.
You can not blame them, I know for myself how difficult it is to sit and watch your deposit from day to day. My portfolio has decreased by 60% for all time. I'm keep holding.
Yes, each individual will certainly have a different analysis of market conditions that makes them take the attitude of selling or holding. The current sharp decline forces us to keep holding if we don't want to sell at a loss.