I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
Whenever there is a big drop in price I am not going to panic because I just have to wait for the bounce back. I buy and hodl that is why no need for me to panic. For day traders some will do the same but some others set a stop loss.
then what if what happens is a long dump like the one that happened in 2018? even until the end of 2020 we are only seeing how the market is in real improvement. If that situation occurs, can you stay calm and not panic?
if I am sure to sell an asset that is already looking to be profitable. but not on the market's top assets. I will fully believe. but when a long correction occurs of course I will sell and exit the market first. I had to change my investment strategy today trading with a different asset.
a feeling of panic I am sure exists in investors with large capital when a long correction occurs.