Topic: Do not panic sell when there is dump - page 14. (Read 3095 times)
Back in 2017, I felt the same. I used to be a panicky one. I can feel cold sweat all over my body whenever I faced the dump. I did panic sell and then I regret it cause eventually the price was increased after that. It's really frustrating. Probably because it was my first time and I didn't know the trait of cryptocurrencies at that time. Along the way, I started to learn that whenever bear season comes, then after that bull season will arrive. Bear season is just a moment when whales accumulate their assets and then sell it when bull season comes, so yeah many times I hold my tokens or accumulate it too when the price dumped.
Dumping and pumping of coins occur in altcoins and bitcoins. Even when Bitcoin coughs. Altcoins become an even deep
dump correction when bitcoin price correction is deep. If the correction is just a little it is commonplace, so there is no need to panic,
Exactly, It's how the market proceed. Keep in mind that you panic sell but rich will buy the dip. There is a FUD, always create panic selling. Be aware of that.dump correction when bitcoin price correction is deep. If the correction is just a little it is commonplace, so there is no need to panic,
I feel the crypto market is still in a bullish state. Despite bitcoin correction, it will recover quickly and altcoins pump.
It seems like money is coming back into market, check it out ETH, BNB is recovering. Hope everybody still hold them, it could get higher than past. 
Dumping and pumping of coins occur in altcoins and bitcoins. Even when Bitcoin coughs. Altcoins become an even deep
dump correction when bitcoin price correction is deep. If the correction is just a little it is commonplace, so there is no need to panic,
let alone I feel the crypto market is still in a bullish state. Despite bitcoin correction, it will recover quickly and altcoins pump.
dump correction when bitcoin price correction is deep. If the correction is just a little it is commonplace, so there is no need to panic,
let alone I feel the crypto market is still in a bullish state. Despite bitcoin correction, it will recover quickly and altcoins pump.
A lot of factors needs to be taken in to account, when we talk about panic selling. Previously, we had extended phases of correction associated with Bitcoin, which lasted for as much as 2 years. Not everyone can hold on to their coins for so long. So in such cases, they need to sell their coins, while incurring minimum amount of loss. And another factor is that the last time we had a major correction was more than one year ago (and even then the prices recovered in a few days). A lot of the users are getting overconfident due to this.
The last bear market of bitcoin really was a lesson learn to every one that despite of how dumped the crypto you have in hand especially bitcoin, we should atleast left even a small amount of crypto on our wallet, and don't let you panic selling emotion leads you to this way because if were going to look back at the bitcoin market last two years to now probably a big difference, a big profit also if you are able to save bitcoin at that time.
ironic I know because people think "if it goes down, it will go up anyway, so I should buy" and that causes it to not go down too much. But we all know that even if it goes down too much, it will go up anyway and that is going to be fine.I do not know what people will continue to believe, maybe if we go under 40k again that will scare people and there could be like some snowball effect that causes it to keep going down more and more. But, I think it is not going to be that shocking to see these changes, it should probably be something simple. People should not panic when there is a drop, and people should not be as hyped as they were when there is an increase, both will happen all the time.
The only regret i have with Crypto is that i didnt start sooner...
It doesn't really matter how much you have invested, the important part is how much time you have invested...We are alp here for gains... Be Patient, dont panic sell, buy he dips, dont over extend yourself to where you have no funds to buy the dips...
Good things are gonna continue to happen...
Blessings and gains to each and everyone
I think it depends on the currency we are talking about. Some of them really worth to be held on long run, even if they dump hard, that is the case of bitcoin. But in other cases, if the currency is poorly developed and doesn't bring any new feature or advantage to investors it's better to sell all the coins before the dump gets worse, as it's very probably the crypto is going to die, without considerable recoveries later.It doesn't really matter how much you have invested, the important part is how much time you have invested...We are alp here for gains... Be Patient, dont panic sell, buy he dips, dont over extend yourself to where you have no funds to buy the dips...
Good things are gonna continue to happen...
Blessings and gains to each and everyone
With so many altcoins options in this crypto universe investors must be careful and attentive on what currencies they are going to buy for holding purposes on long run. Sometimes crypto currency is a very treacherous market which may frustrate its enthusiasts.
The only regret i have with Crypto is that i didnt start sooner...
It doesn't really matter how much you have invested, the important part is how much time you have invested...We are alp here for gains... Be Patient, dont panic sell, buy he dips, dont over extend yourself to where you have no funds to buy the dips...
Good things are gonna continue to happen...
Blessings and gains to each and everyone
It doesn't really matter how much you have invested, the important part is how much time you have invested...We are alp here for gains... Be Patient, dont panic sell, buy he dips, dont over extend yourself to where you have no funds to buy the dips...
Good things are gonna continue to happen...
Blessings and gains to each and everyone
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.
This topic have been encouraged many times in the past but everytime there is a dump or say bearish trend hit the market people panic sell their coins which cause huge loss to them and market as well.They need to sell in bull run but they do opposite of it which is their big mistake.The whales try to create FUD in the market and manipulate the prices for their own profits but new traders who have no knowledge of this highly volatile crypto market act as bait for them.What do you think about this circumstance ? am i overthinking this ? share your views.
Quote
The wisest rule of the market is:when other's are selling,buy....
So just try to be in the long run game which will eventually lead you to profit houses.
I have been dealing with cryptocurrencies for 4 years, but I panic whenever there is a hard fall. I've never had a panic sale so far. This last move, I think, is the shaking movement in the stock market. Altcoins will revive if Btc stays above 56k.
When you are having four years in crypto space, then why you are still getting panic when market fluctuates wildly? You must make use of your experience to control your emotions. When you are too week and always obeying to your emotion failures then you must quit trading and must adopt long term planning when buying cryptos. When we talk about long term plans, it is always about ethereum/litecoin/dash and bitcoin kind of highly established ones. Choose few of them, and plan your long term holding then you never need to react market fluctuation. A lot of factors needs to be taken in to account, when we talk about panic selling. Previously, we had extended phases of correction associated with Bitcoin, which lasted for as much as 2 years. Not everyone can hold on to their coins for so long. So in such cases, they need to sell their coins, while incurring minimum amount of loss. And another factor is that the last time we had a major correction was more than one year ago (and even then the prices recovered in a few days). A lot of the users are getting overconfident due to this.
The last bear market of bitcoin really was a lesson learn to every one that despite of how dumped the crypto you have in hand especially bitcoin, we should atleast left even a small amount of crypto on our wallet, and don't let you panic selling emotion leads you to this way because if were going to look back at the bitcoin market last two years to now probably a big difference, a big profit also if you are able to save bitcoin at that time. I used to be that kind of person. when I started entering the world of crypto and did not learn before how it works I was like the people mentioned above but after dabbling in cryptocurrency and seriously learning how the real world of crypto I began to understand how and what a good way to trade.
all there is a time do not be afraid to try and do not be afraid to fail because that is where we learn
dont be a panic everyone will profit in time
I have been dealing with cryptocurrencies for 4 years, but I panic whenever there is a hard fall. I've never had a panic sale so far. This last move, I think, is the shaking movement in the stock market. Altcoins will revive if Btc stays above 56k.
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.
I think it will be a great idea always to hold the good coin and i suggest the panic seller don't sell your good coin on low price cause every dip is hidden story of huge pumping. No the market is always a tough place to hold the nerve plz always take your wise decision before selling the good not about shit coins. What do you think about this circumstance ? am i overthinking this ? share your views.
Most beginners are like that, where they are very panicked when the market starts to plummet, especially if there is no mentor guiding them about the ins and outs of cryptocurrency,
Most of the time this things happened. Those newbies are the victims as without the right knowledge they've been easily move by ongoing fuds and news that affects the market.
I also experienced the same thing when I was new to the world of cryptocurrency, where at that time I quickly sold my assets when the price started to fall
For sure many exeprienced the same thing, this kind of failures also made us realized how to build the right system
to work with our crypto trading journey.
Not everyone can hold on to their coins for so long. So in such cases, they need to sell their coins, while incurring minimum amount of loss.
Every crypto people must be having their own reason to continue their holding or to sell their stash at any point of time. But, selling our holding just because most other people are selling cannot be a properly still we cannot do anything about that as when more number of people are taking same decisions then market will move around them. I heard many people have saved their potential losses just because of panic selling and at the same time they have missed the another round of rally as well.another factor is that the last time we had a major correction was more than one year ago (and even then the prices recovered in a few days). A lot of the users are getting overconfident due to this.
This way I believe, all the reputed coins will be having lesser volatility in coming years because when people are confident about recovery then they may not go for panic selling and they will try to make use of all available dips to increase their stash.
After yesterday a lot of people have panic, because BTC fall to 52K from 62K, is it mean that big correction started? how to understand?
investors might comes with basics of personal preference as disputing funds on exchange with the token that more on entrance into the market, developer to work on beginning initial as modifying use with possession of resource that they might requires of more on terms to prepare of establishment.
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.
That's actually one of the things that I have learned in the past. I was always doubtful about my holdings before and I always feel worried whenever there are dumps but when I learned how to do my own research, I started having patience and deal with the possible changes that could happen anytime since that's a part of crypto's volatility. Panicking could only lead us to wrong decisions so as long as we trust the coins that we're holding, we better be optimistic.
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.
Its quite normal to have some worries when the price of our coins are dropping. But if you gain knowledge first before investing on crypto you'll know the risk and somehow aware of what to expect. What do you think about this circumstance ? am i overthinking this ? share your views.
When there's a price correction always be patient. Set aside your emotion to refrain yourself from making a decision that you might regret later on especially if the coins you hold are well-established.
Just keep in mind that its a temporary situation, avoid thinking of negative things because it cant help you as an investor.
Most beginners are like that, where they are very panicked when the market starts to plummet, especially if there is no mentor guiding them about the ins and outs of cryptocurrency, I also experienced the same thing when I was new to the world of cryptocurrency, where at that time I quickly sold my assets when the price started to fall
Like my friends will always say red are for buying so anyone selling when there is a dump in the market is really very wrong, when there is a massive dump in the market it's seen as an opportunity to always buy but if you are already in a trade it's better to hold till the trade bounce back so you might recover the lose and also be in profit, the volatility in prices is really what makes crypto to be profitable, so know this strategy to always buy when there is a deep and sell when prices are high enough, do not buy at the top and sell at bottom, let there be a drop before you jump in.
Jump to: