Many of us have been guilty of getting into a panic attack when market crashes. Such panic attack often caused us to sell most if not all our holdings. Panic rear its ugly head as it steers us towards a lousy investment thesis – buy low sell lower.
The CryptoHero team, at one point, deliberated on whether to offer a Kill Switch to our users. A kill switch will force-sell all holdings made by the bots. However, we know that at the end of the day, after the dust settles, having such a feature in our crypto trading bot will do more harm than good.
Historically speaking, all market crashes will eventually recover to where it was and then beyond. The key thing is to remain steadfast. To do this, you need to know what you are holding and not be wavered by market forces.