Human nature is still pretty much the same before and after the creation of cryptocurrencies... you're definitely right though, never sell on a loss.. seems quite common sense but oh well.. people like to follow what others are doing. fear can be very contagious!
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Yes indeed!
I was surprised how many people were reacting online but I guess everyone has different stakes and also i've noticed some people don't truly believe in it that why when it took a dip the sell button started heating up! lol