Sometime this is very painful when we are expecting a very positive, a very aggressive market but suddenly we see the whole market have crashed and all panic selling start. Here is what we need to do,
- Sell our Coins and be safe
- Wait for a little bounce back and exit
- Let it be and remain Relax
It depends on your knowledge and experience pretty much in the financial market. I know a lot of people have lost a lot of money when bitcoin dropped from $ 10k4 to $ 3k7 in just one week. This is crazy and that's the nature of finance. When there are already too many fomo people about something, don't run after it. Be the earliest to join or never join the game when the fomo level is at its peak. It is my experience to avoid strong market dumps.