Actually people's learn from mistake. Those mistake I did began, I am realizing now. That's why I want to share it. Perhaps everyone will not agree with me. Every traders have few favorite coins. It's normal fact, but don't love too much any coin it's my logic.
I don't want to mention but I have lost many btc just one coin. Just think it will go more up and didn't sold. In a result price dropped 4X. So I want to say don't love any coin, just sale when you are in profit and go another coin or wait for drop price again and buy it. It's very difficult to recover once drop an Altcoin. One more thing, don't invest your all fund on single coin. It will loss more, who know it will up or drop.
I also experience this one and its really because after holding on that coin, the profit is gone forever, its really hard for an altcoins to bounce back so I support this one, don't ever hold coins for good always set your target price and be true on that. Always set limits, whether its a buying or selling price because in this market volatility is very high and there is no constant aside from change. Don't get too much emotion in every coin, remember that your goal is to make profit and not to lose big money.
don't affraid the market will rise again bro
In due time, but for now we have to learn from all our experiences this year and be better in the coming years.