Since everything out there is extremely hard to predict I don't think that experience plays such a serious role here, maybe luck does more...
I beg to disagree. Experience is such a big factor in trading because through it, you will know what are your strengths and weaknesses and you would be able to devise a strategy that you will be comfortable using to become a profitable trader. Luck is also one of the factors to become successful but then if you have a proper trading strategy and risk management that you were able to learn from experience then it would be a great aid for you. It doesn't only apply to trading but in all aspects of life. We are all noobs in the beginning but through experience, we become somehow an expert with the field we are choosing.
Well said. Panic selling will never be a solution to your loss. It will only make you lose more money. The best thing to do is to be patient and hodl. If you still have money, you can start buying coins while its cheap. It will break-even once you sell the coins at a high price. This is also the best for you to learn about the alternative way of earning aside from investing. Try working for bounties for a change.
Panic buying and selling is part of being a newbie in trading. One tends to be emotional when trading because it is an overwhelming feeling to start doing it but through experience and as time goes by, you will become familiar with that feeling and be able to control it so that you are level-headed when trading and not swayed by your emotions anymore. Just be patient and follow your plan whatever market you are in. Just concentrate more on how much you can save instead of how much you can earn.