Im new to the crypto world, I have some bad experience yet but Im being educated little-by-little, based on my experience here in crypto world. I notice that some users when they see that bitcoin and ethereum coin had a very bad drop, so does the token, they are selling almost 70% of their holdings of that token. And I have experienced that when the market goes down, so does the token doing some panic sell. May I ask, is it advisable to sell the tokens you hold, when the price of your token goes really down?
Nope, because it is normal to have this kind of situation like going down. This thing is called fluctuation, you just wait more time because it will grow high soon. They are doing some panic sell if they were afraid on going really down. It also depends on how much you hold, if it's high amount of money sometimes they sell it but for low amounts they just hold it until the time comes out.
Why do we sell the coin in down hard if the holding money is very much? Then we hold it if its small amount?
Is there any different strategy between small or big amount? In my opinion, its just the same treat between small or big because at the first time before investing, we try to our best to pick the right coin so so if its down i will just hold it.