- 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.
These 3 things often happen in the world of cryptocurrency, and I think it depends on each person itself because everyone has a different way of dealing with a thing. Some people, when they see the price of the coins they hold, will choose to look at the cause and analyze it to predict the likelihood that will happen later, but some people will be afraid if the price of the coin is falling so they choose to sell it. So I guess that is already the personality of everyone and only that person can avoid it