Do you sell because of the rise/deep in the market, or do you sell because you actually needed the money and not because of the deep/rise of the price, or you're the type that just jumps in pick some profits and jump out?
I am a long term holder of altcoins. I sell my tokens (both alts and bitcoin) when I am broke, and when I need some money. I don't sell because there is a deep in the market, I sell because I need to. So, what about you?
It will be nice to come in from the angle of Why buying or Holding coins? This thought needs to be really understood and analyzed. Gone are the days when I sell when there is a deep in price. The number one goal is to make profit. So, when buying, I buy with an amount that won't scale me to Square Zero, and I also buy when the price is already at the deep. Same as when trading.
For me to sell a coin, I must make sure I have made some profit or gains and I am convenient with it. I don't sell on Panic.