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?
Many non-experienced people simply sell in a minus and then look for some other coin to buy. And when this new coin also falls, they again sell it and lose money again. As a result, they can lose all the money. If you have no experience, then it may be better to hold this coin for a long time than to sell