Sometimes when a coin pumps hard and starts to dump, novice will panic sell due to fear or other reasons, while the whales will buy up the dump and mop it all and then pump it even harder.... So don't always panic sell, be in control of your emotions, although it isn't easy, but with practice you will perfect and master it.......Every new trade is a journey and a new destination...... Always dyor
What do you think about this circumstance ? am i overthinking this ? share your views.
don't ever panic because if the dump will cause panic and big losses there will be many mistakes and losses if it's one of the options to get a profit panic will make a lot of losses investors who have lost a lot of money because they are impatient will make big losses problems later it could be an opportunity to provide great benefits.
so all we do is hold it until the market goes back up. but it is worth doing for coins with a large market cap. For new projects, I think there will be more risk, because many of them are dumped and don't come back up again. but every bitcoin drop for example, is an opportunity to buy collect coins, so we get a lot of coins to invest