Im new to the crypto world, I have some bad experience yet but Im being educated little-by-little, based on my experience here in crypto world. I notice that some users when they see that bitcoin and ethereum coin had a very bad drop, so does the token, they are selling almost 70% of their holdings of that token. And I have experienced that when the market goes down, so does the token doing some panic sell. May I ask, is it advisable to sell the tokens you hold, when the price of your token goes really down?
if you plan to hold your tokens for long term, its just fine to save your holdings until the market recovery. but if you think that your investments might decrease its value, you should convert it to fiat and buy again if bear market is done.