Panicking is the most problem if every cryptocians in crypto, some of them are new in this kind of investment. That's why it's really important to be determine to what goal you want because if you are not confident to the assets you have maybe you will panicking and sold what you. Dont do what others doing when bearish come because if you choose to be panic you will get nothing.
Panic sell will make us unable to make the right decision, whatever conditions we must always be optimistic and positive thinking, rest assured that market red will soon end and we can party again.
This is completely wrong in trading. Never be optimistic, sure,,, you can be positive thinking,,, but you should always expect the worse, and be prepared for it. I read that 80% of people who deposit for trading purposes LOSE. That means only 1 in 5 people are lucky or skillful enough not to lose. So expect to be in that 80% bracket,,, expect that the market will and can always turn against you, and you will be equipped for the worse.