In fact, those who are afraid when they see the price of the assets they own collapse is a natural thing because they risk all their assets in cryptocurrency in the hope of making a quick profit, but in reality, the price of cryptocurrency collapses and makes them panic. But if you have a lot of money, If it's not really used, I prefer to stay put, and I apply that when investing in Bitcoin because there is still a chance for it to go up again, but for altcoins, I wouldn't dare because there is no guarantee that the price will go up again.
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As long as the coin you choose is a safe coin, I don't think we need to panic when it dumps. Bitcoin is my main coin., ethereum is my second. Apart from that, I hold top coins which I am sure will increase in price.