Quote from: dunfida on September 20, 2021, 08:58:15 PM

Quote from: erep on September 20, 2021, 08:28:50 PM

Quote from: Novita on September 20, 2021, 08:04:32 PM

It's good to think about this, meaning that you focus and don't rush to see dump conditions and pump harder on existing coins, basically this kind of thing happens almost often in crypto, even worse than what is happening now, for beginners things this becomes a big problem if a dump occurs, even though almost every time this happens in the crypto space, if panic cannot be handled properly, then the investment opportunities made will meet with poor results, because investment is actually a pattern of seeking maximum profit.

Newbies don't have the mentality when seeing drastic dumps in the crypto market so they decide to cut losses to avoid higher losses, actually we don't need to rush to respond to market crashes because volatile markets don't cause prices to stabilize all the time, sometimes markets need to break to achieve even higher improvements in the future.

Easy to say on dont panic sell even experienced or veteran ones do really been affected with this which its normal that we do really have that kind of reactions.Due to unpredictability of the market

then its normal that you would really be panicking specially if you dont have sufficient knowledge but once you do have this and able to aware on things in the market then you would

know on what are the things that you should do on at least lessening the risk that you could really able to experience.

That's why we need to study any conditions in crypto, whether related to investment or knowledge of coins, many people believe that dumps will result in losses for invested coins, even though humid conditions occur almost every year, even recover slowly over time. No need to panic too much, just need to wait for the recovery to happen, rather than releasing the coin in that state and earning nothing.