I bought and invested about 20 to 30 coins. But the market has moved to a position where as soon as I open my wallet I see that I have lost a lot of money.At the moment I can't sell any coins on my own. Because I have a lot of losses in all of them.In this situation I am living my life very badly. I can't sell anything in thousands of such situations.
This is a typical mistake of a beginner who did not sell at high and now does not want to sell at a lower price in order to fix a loss. I think that every trader has found himself in such a situation. This problem is solved only in two ways: either you continue to hold the coins, hoping that the price will return to the previous one, or you sell if you think that the market is in a bearish trend.
I think this should be about investors and not traders, but I bought Luna recently before the crash as $87 but I just had in mind to make few profit that day and close the buy/long position that I open, but it just started like that, I was discouraged to sell because it was so much volatile until it crashed. If talking about traders, they should be able to cut loss or use stop loss for cases of extreme volatility because it can result to more loses. And a coin Incan advice anyone to hold for long that I still believe will reach ATH is bitcoin.