Topic: Do not panic sell when there is dump - page 12. (Read 3080 times)
at this time, the price reduction happened so fast. Maybe by this time a fair number of people are panicking and selling the assets they have been holding. for now, I still hold onto my assets. I believe the price can return to normal. after all, the end of the month is always marked by a decrease or increase in prices. the decline in prices that occurred was probably caused by a lot of panic people.
In Crypto investing, experience is the top priority, because with experience we are smarter in taking action when it's time to buy or when it's time to sell our crypto assets, because I personally often panic when I first invest especially when my coins suddenly dump.
It is easy to say than done we couldn't avoid selling when there is a huge dump.
We would tend to cutloss than to continue watching our folio drop lower than it is at the moment of the dump.
That is why cutloss is there to lessen the loss that we could experience.
For me it is better to cutloss and buy back when the market starts to recover than just holding your crypto it could give you more profit or save you to loss more than you would.
We would tend to cutloss than to continue watching our folio drop lower than it is at the moment of the dump.
That is why cutloss is there to lessen the loss that we could experience.
For me it is better to cutloss and buy back when the market starts to recover than just holding your crypto it could give you more profit or save you to loss more than you would.
A classic story that is always experienced by all traders, especially for beginners. I've felt it too. one conclusion that I get always keeps the estimate and doesn't panic too quickly. it means that fluctuations in the price of a token/coin are normal.
Inside this market where volatility is really huge, you need to carefully assess every move that you'll going to take. It will lead you to lessen the
chance of losing your money, panicking when the market is falling most of the time ends up regretting your actions.
The chance of recovering back is very high, instead of rushing things out add some patience and wait for some time, observe and decide when
you really see where the market is proceeding.
I believe when market dump then the recovery will abck again, the dump occurs to find support and this is real. In the experience that has been gained, it seems that in the bullrun there is no need to panic, it would be better if you still have capital and buy back. but for traders it would be better to cutlose if needed, but for investors I think the price movement is still early
A classic story that is always experienced by all traders, especially for beginners. I've felt it too. one conclusion that I get always keeps the estimate and doesn't panic too quickly. it means that fluctuations in the price of a token/coin are normal.
Inside this market where volatility is really huge, you need to carefully assess every move that you'll going to take. It will lead you to lessen the
chance of losing your money, panicking when the market is falling most of the time ends up regretting your actions.
The chance of recovering back is very high, instead of rushing things out add some patience and wait for some time, observe and decide when
you really see where the market is proceeding.
A classic story that is always experienced by all traders, especially for beginners. I've felt it too. one conclusion that I get always keeps the estimate and doesn't panic too quickly. it means that fluctuations in the price of a token/coin are normal.
Sometimes when a coin pumps hard and starts to dump, novice will panic sell due to fear or other reasons, while the whales will buy up the dump and mop it all and then pump it even harder.... So don't always panic sell, be in control of your emotions, although it isn't easy, but with practice you will perfect and master it.......Every new trade is a journey and a new destination...... Always dyor
What do you think about this circumstance ? am i overthinking this ? share your views.
What do you think about this circumstance ? am i overthinking this ? share your views.
panic sell always happens and is common in the investment world, especially in the crypto world, so it's only natural that beginners who are new to the world of crypto experience panic sell, in my experience, I also experience the same thing, but what distinguishes me from the past and my present is a matter of experience. make your panic sell experience an important lesson so you don't repeat the same mistakes
Lessons bitterly learnt in the past. Not gonna be making this same mistake again. I'd rather device dip as the best time to buy coins
A bitter lesson will always be valuable for each person personally to determine the next steps so that they will not repeat the same mistakes again in the present, so that time will always be valuable if the utilization can be very clear. 
You can't blame those newbies who are afraid to lose some profit with the dump. I admire your advice but sometimes it is quite unsure if the price would ever go up again or would it dip even lower.
Yes, I am agreed with you, but not only the newbies, who know the dumping when will be stopped, you only can make the choice, cut loss or hold it for the price rise again, I have bought the BCN in 2 years ago, when the price is dumping, I hold it, and I want to tell you this is the stupid decision if I know the price almost zero today, why not dump it before?
Awts! this really and awful decision but who knows what will happened after right? time to move on and find other project
to invest your money.
You can't do anything now as the chance of those developers behind is no longer intereted to continue this project, a very
chance that they already run the funds.
I have bought the BCN in 2 years ago, when the price is dumping, I hold it, and I want to tell you this is the stupid decision if I know the price almost zero today, why not dump it before?
Of course, because what you hold is a shit token. You need to do some research before determining whether your token is worth to hold.Yes, this is a good lesson for me, I remember this shit coin listing in the Binance and have a huge trading volume every day, who knows it will be delisted within 1 month? This is the good reason why the people want to panic dump when the price drop.
I have bought the BCN in 2 years ago, when the price is dumping, I hold it, and I want to tell you this is the stupid decision if I know the price almost zero today, why not dump it before?
Of course, because what you hold is a shit token. You need to do some research before determining whether your token is worth to hold. You can't blame those newbies who are afraid to lose some profit with the dump. I admire your advice but sometimes it is quite unsure if the price would ever go up again or would it dip even lower.
Yes, I am agreed with you, but not only the newbies, who know the dumping when will be stopped, you only can make the choice, cut loss or hold it for the price rise again, I have bought the BCN in 2 years ago, when the price is dumping, I hold it, and I want to tell you this is the stupid decision if I know the price almost zero today, why not dump it before?
You can't blame those newbies who are afraid to lose some profit with the dump. I admire your advice but sometimes it is quite unsure if the price would ever go up again or would it dip even lower.
What's going to happen if bears take over? People are expecting some kind of warning but that's never going to happen so it's normal for people to panic, this market will end in a very bad shape, probably the most devastating one in crypto history, watch out and plan yourself well
I used to know crypto at the beginning, also felt panic when assets fell by how many%, and auto sold all assets and the mistake was that I liked to immediately exchange my country's currency without any thoughts of buying back when the market really went down, but over time I understood a little the market condition is not always the market going down and we will not always experience a loss
surviving is the key to success in crypto
and there is no more panic right now when i see the market flush
surviving is the key to success in crypto
and there is no more panic right now when i see the market flush
Who doesn't panic seeing the decline in asset value happening so fast? I am sure that almost everyday trader will experience high panic. You can see that when the dump occurs there will be an increase in value for stable assets. that's because many are selling their assets for stable assets.
But most of the people there are of the principle of long-term investing and the dump won't affect them.
it can be overcome because they have a long-term analysis and they have made a great plan. when they are consistent they will get the results.
But most of the people there are of the principle of long-term investing and the dump won't affect them.
it can be overcome because they have a long-term analysis and they have made a great plan. when they are consistent they will get the results.
This kind of thing is very difficult for us to do because every time there is an increase we are always haunted by the decline so that we feel panicked and try to sell the coin that we hold, sometimes when we throw away a coin must have its own reasons because in investing we have a different strategy so that the way we use it is also different because it all depends on our own beliefs.
Definately if you buy any coin and when you buy then suddenly coin goes down and you sell the coin a panic, sell the coin in a panic it's not a good thing, I think you should hold your coin.
It is a good advice and we all have heard about it. The key to understand panic is the lack of confidence. Believe it or not, it has taken 4 years for some tokens to reach a mature stage, and it was possibly impossible to tell if these were going to succeed. You could have bought most of those for nothing and made a profit.
However most people do not get that short of result because they do not have conviction and that is because they have not done the right research and do not follow the projects, they are just trying to get rich quick with no effort.
However most people do not get that short of result because they do not have conviction and that is because they have not done the right research and do not follow the projects, they are just trying to get rich quick with no effort.
the correction of bitcoin absolutely affect the altcoins. there are so many correction of alts that make us worry.
but, come to think of it, I think we have to make a wise decision to our investment and do not panic and rush to sell our coins if this situation like this happen.
but, come to think of it, I think we have to make a wise decision to our investment and do not panic and rush to sell our coins if this situation like this happen.
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