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....
But, you have to think about the other possibilities such as cut losses or even it's just a bait to buy on dip. Sometimes it's better to do cut losses when occasionally the price at the end keep dumping because some stuff occurs during that time. There is no exact
absolute way to trade when the dump thing happens, it' depends on the situations.
Agree .. Panic selling when the price drops badly is a natural thing . But that's where we have to be good at seeing the situation. Although sometimes CL is a detrimental choice, but here we are securing our assets from falling coin prices. It's not a good choice, but I'm sure everyone has certain reasons they don't want to lose all their capital. Because we can suppress losses.