Don't panic: It's easy to panic when the market goes crazy.
But a quick sale may lead to regret later. Take a deep breath and stay calm. This is the best thing to do at this time.
Don't sell at a loss: Imagine you bought an item for $100 and it is now worth $80. Selling now means you lose $20. Consider waiting instead. Prices will continue to increase. If you don't sell, you don't lose.
Big Whales: Think of the big players in the market as "whales." Sometimes they create fear of selling. They are profitable if you are afraid to sell.
Be patient: cryptocurrencies are like a rollercoaster. It moves up and down. If you can't handle the journey, maybe cryptocurrencies aren't for you. But if you wait, good things can happen.
Emotions can deceive you. Be strong, trust your research, and stick to your plan. Remember, the economy will improve over time.
