Now the price was back to 16700$ mark.It's reason for this thread. And it's better to hold a bitcoin till a 24 hours gap.Then you won't lose anything by the panic selling.The new traders was doing of panic selling for now and it's not a correct and good option.Patience is essential one, when the price of cryptocurrency was started to reduced.
With such dumps, not only new traders sell their bitcoins, but also those who expect to buy bitcoin at a lower price. This is a common practice for an experienced trader, but it differs from the tactics of an inexperienced trader in that they will buy bitcoin in time when it has a minimum price, and the inexperienced will sit in USDT waiting for lower prices and start buying when the price of BTC rises again.