Post
Topic
Board Bitcoin Discussion
Re: Three things you should not do when Bitcoin prices drop!
by
Chicksteen
on 24/10/2018, 04:51:46 UTC
Do not sell your coin when looking at your coin soaring!
Many people have done this, the general psychological tendency of the market. Many stories share the same plot, and each time you see a coin A rising drastically, you start to sell your Coin B and immediately jump into Coin A. The psychological effect is called The FOMO is a normal fear of human psychology but is really dangerous in the Crypto market.

The most important thing is do not panic sell your coin when bitcoin price drop. We should hold our coins until the market look better.
I agree. Be patient is the most thing to remember because if you get panic you might lose everything. It makes you bored for watching the chart whole day and make you stressful. You have to so other thing and make your mind think positive for all down and keep believing that every fall has recovery.