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?
It depends. If it's down because the entire market is down then no. The market will eventually come back up and bring your token with it. If it's because of bad news like the Devs abandoned the project or it was fraudulent, then you should give serious consideration to selling it.