What a beginner‘s question. Just panic sell 😂. Not a financial advice.
Sadly, many had panicked sold and that's why it is important not to ruin your emotions when you're investing to cryptocurrencies. You don't fall when the market falls.
You must be stronger than the market because you'll literally incur losses if you cannot manage it. I think most of us did experienced panic selling due to lack of experience.
I understand some people were in panic mode because there were tons of people who joined with money they need, and that's the root of the problem. I have seen people who joined with their savings and when they panic it is useless because if they wait eventually they would profit more and that is a much better situation, however I have seen people join with their salaries, I have seen people join by taking out loans and those people of course were in panic mode and I understand that, and I was one of those people, I seriously considered taking out a loan because it was a great market period and I still think there is good money to be made as well.
I wasn't going to do something crazy, just get cake-bnb LP and farm it, that would give me both profit for farming which would be higher profit then the loan repayment amount, but I would also try to make a profit from increasing price of Cake and BNB as well. That is what I imagined would help out a lot.
