How do you deal with 20% plus drops. Do you try to sell at the top and buy back in? are you a hold on for dear lifer?
No, I don't try to sell at the lower price that still happen now. I only wait for the price to bounce back in the other day because if I did this, I could not make any profit. I will hold no matter how long it is because I am sure that in someday, the market will rise again and the crypto will increase and reach the highest price. But we need to be patient because it will not happen in one night and this year is the bad year for the cryptocurrency.
No one should even be selling at lower price as anyone doing this obviously has shown the less understanding of the crypto space and how market should always be. Dips and corrections are normal and what we have right now is even a healthy one, so I do not see why people should always be worried about something they should not even be bothered about.
If it is about worrying, those who have been holding since the onset and still holding till date will not have done so if they are so concerned about the short term, but the fact that they have been able to see the benefit the market brings in the future, it has helped them to focus more on things that are important.