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?
Not advisable for newbie only for expert trader. I think they are short trader. If they expect that btc will drop for whatever reason e.g they read bad news about btc or one big exchange was hacked they sold the token or coin immidiately then buyback at the lowest price to gain more amount of token/coins.