Yes, what else can we do, the Bitcoin market is still like this, even often crashing very quickly than the recovery process. and the result will certainly affect the overall market conditions. and here, we can see how much effort we put into optimizing chacnes in the crypto market crash. whether being panic, or even grateful because we get the moment to buy and accumulate favorite coins at prices that tend to be much cheaper.
When prices are lower, then the reactions that are given by the participants within the market are actually quite diverse. Some of them get out of the market fearing that they will lose more while some stay on and even add to their stakes. Thus, I personally think that a market like this is great to define whether you truly know your assets. If you understand why you purchased something and you are sure that it is valuable to you then you are not going to be knocked out by the fact that the price goes down. And if only from the beginning you just undertake all the actions that the described situations imply, it is logical to feel even more nervous. Thus, such conditions are not only about graphs or certain numbers, but also about how you can read the situation, and make decisions without being pressed by activity, which can irritate.
Oh yes, it's true, it certainly varies, and it also depends on their preparation in investing or entering the world of Bitcoin investment, or crypto in general. and panic or calm situation can really affect how they react to a market situation like this.
For cut loss, actually if it is meSPAM BANble and it is part of short-term trades, yes it doesn't matter, because to manage the loss. the problem is the situation that they are hit by panic and lead them to sell their coins all in and there is no other target preparation to take advantage of other pairs. the point is that panic sell is part of this moment and this should be avoided. However, there are also those who do have a strong hand to keep holding whatever the market condition is until later they take profits after it is in line with expectations.