The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now?..
If you are trading on the spot market, then you are not in danger of liquidating your position. And accordingly, you can stay calm on such a dump and look for a convenient price to buy coins at low prices. Panic is mainly affected by those who bought coins at a high price and at the same time used high leverage.
Panic is caused because the investment base is not owned, so they buy certain coins when the price soars, so that when the coin declines, someone will experience panic that can harm him, the basic investment concept is to buy when the price drops, then sell when the price drops. coin prices go up, and concepts like this don't always work right in the market, because sometimes certain coins don't get the chance like the initial concept