#TradingMistakes101 NO Panic! One of the mistakes one makes is selling out of desperation. Let's suppose you buy an asset for 100 dollar -without research never buy- and a few hours later you notice it is dropping. Now it costs $85 and in the following days you see it drop even further to $75. You panic and decide to sell. You sell at $68. After 5-6 hours, you notice that the coin starts to rise and reaches a point where its value exceeds $125.This is where you lose your money, buying at $100, selling at $68 and after that coin reaches $125! So no panic!