- Panic Buy/Panic sell.
In both cases, you will lose your money - Ignore Capital management.
If you ignore Capital management you will be gambler not trader
- Following a signal Without risk assessment or stop loss.
You will be like Jumping into the ocean without a lifeline jacket at, before do anything, look at your risk and reward and what your stop level is.
by this way you can set Your Own risk and know what you do.
we need to be able to understand crypto and have a strategy in place before entering this market. Like what you'e said, panic buying is something that i've done before and it's been ugly. I dont want that to happen to me again because i've learned it the hard way.