Panic sells altcoin when the price goes down for fear the price keeps falling and panic when altcoin rises because want to profit from altcoin.
Because everyone is trading to get profit, but why sometimes even loss? because of errors or panic?
being panic is a great barrier in crypto trading. mostly the newbies get panic when price goes up or down.
all should learn crypto world first and then start trading with patience.
Both panicking in buy or sell are not required because if you panic to buy in high price then the coin is going to dump. Also if you are selling in low price then the price gone to rice. So both actions is not required.