I got dangerously close to panic selling earlier today. I literally had my finger on the button of a sell order for my Ripple XRP. It got very close to my entry price but started to recover decently well. I started looking around on Reddit for different perspectives and ran across a great picture that really helps to put today's action into perspective:

 

 

People get emotional when they make money and when they lose money. Its normal for human beings. Unfortunately, these responses don't lend themselves well to actually making (and keeping) money in the markets, whether its crypto or traditional stock markets. You have to act, and transact, like a robot devoid of emotion in order to avoid rash decisions. Clearly from this picture, uptrends and downtrends have been happening for years and will continue to happen. Its cyclical like just about everything else.

If you truly believe in the coins you are invested in after doing your due diligence, ignore the latest drop, BTFD and HODL tight. It's never as good (or as bad) as it seems.

 

@doggedfi

Proud greeter / SP delegator
for the Minnow Support Project,
brought to you by rockstars such as
@aggroed, @acidyo, @ausbitbank, @canadian-coconut,
@teamsteem, @theprophet0, @Someguy123, and more.