So you imagine, when you invest there may be a sense of worry when the price drops sharply with a fast period of time.
But if you are used to being a trader or investor in crypto assets, things like this are normal. Crypto asset prices change very quickly, sometimes up high and down sharply. This is because, pure crypto asset trading is left to the market based on supply and demand.
for example, Bitcoin is an asset that is in limited and fixed supply. It should be noted, Bitcoin was only created 21 million pieces. Currently, around 18.5 million pieces have been mined.
logically, when the supply or supply of the asset is limited and the demand continues to increase, the price will continue to rise. If many investors or traders are releasing and trading is sluggish, you can already guess what Bitcoin price will look like.
Topic: Do not panic sell when there is dump - page 5. (Read 3080 times)
It's natural for beginners to panic because they don't have any experience in trading. But I totally agree with the review you gave and this is a must read for beginners
Not only for newbies, although on the whole they are newbies who often panic because of it, but it also cannot be denied by those who are experienced because sometimes they also feel panic about it, where it appears automatically when conditions are different.
I strongly believe that people should groom their minds for the reality of Dips. It is bound to happen at one point or another. When this happens, don’t act on emotions. Easier said, I know but when you prepare for situations as this, it actually helps you react better than you would in an unprepared state or a state of denial. In other words, don’t just learn about the market only, work on your mind too. Know when to hold and when to sell. And sometimes there are wild opportunities when there’s a dip. Emotions isn’t always good for the market. It never is anyway.
It easier said than done. The pressure you feel when you see that the prices are keep crashing down and a lot are panic selling. The important thing is that you make sure you only risk capital which you can afford to lose, and that well likely lessen the panic and regrets. Crypto markets especially see such up and down in prices, important is you are looking for long-term gains.
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.
I absolutely agree with you. We shouldn't panic but follow our strategy and be disciplined.
When there is a dump, we had better get rid of risky shit coins, but it is pointless to worry about mainstream currencies. Of course whales are in a better position, as we sometimes really need our money and if this need arises during bear market, we will sell for low prices.
Selling coins or tokens at a dump price is a natural thing and is psychological for most people, because it is to save assets from bigger losses. But you are right we must be able to refrain from selling coins or tokens that we believe that the tokens are good and one day will rise again, should at the time of the dump we buy more tokens, not sell.
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....
Some investors and I mean the majority hates to see their portfolio losing their value, so they cut losses to save whatever they can save, this kind of investors are those who take a loan, convert their saving to Cryptocurrency and not really invested what they can affords to lose, in short they are here for profit, and so they are very quick to dump when market is crashing, we really can't blame these people, it's their hard-earned money, their mindset is not losing money.
reinvest it will bring you a lot of profit. Don't Panic.. almost try to hold obviously you make rich Upcoming future
Reinvest is a good decision, but make sure you only do it with the cold funds, because ifs not, it will just add more panic when the price keep going down.
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.
Yes. For now I have relaxed with any market conditions. Because this experience continues to make us mature in the face of dumps. Experience is the best teacher. I've been familiar with crypto for a long time with all sorts of price change. But this kind of condition does not apply to all altcoins, so we also need to choose certain coins for long-term investments.
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 sells are usually done by beginners when the value moves down and they don't understand the coins they have and don't understand the real crypto cycle and their portfolio achievement targets,
What do you think about this circumstance ? am i overthinking this ? share your views.
I totally agree with your opinion that we don't need to panic when the coins we hold experience a deep dump, but in cases like this we can apply if the coins we hold are really good coins like coins that rank high on the marketcap but if we hold coins that have not developed well, of course, it will be a loss if we continue to hold the coin, especially if the coin has no progress in it and cannot get the price back. 
Who doesn't panic if the coins we hold go down in price? Everyone will certainly panic, and those who panic more are those who have small capital. Because if we lose then there are no more assets that we have, Patience is necessary but not everyone can do it.
If you are new to crypto then you may panice, else for the seasoned players all know that btc and altcoins does have a roller coaster ride and in long term you make money. As well if you are just a short term investor than yes could have some panic situation during the course of it.
It's not easy to for someone who still new to this business to witness their investment to fall down.
The common reaction is to sell and avoid bigger losses, a kind of mistake that unavoidable by new traders and investors.
But along the way, when you start to learn the process and you start investing in a decent project, you will understand
the concepts of trading, buying at the dip and selling when the price pumped up.
Yes, I agree with you. When your holding coin prices dupm then many holder sell dump price and they loses Their investment money.You should follow the market and Don't be panic. When you start trading or holding then you need to more patience and contorl your emotion so Don't be panic stay carry on.I think dupm coin price increase in future and you will get profit from it.
I agree with your words These mistakes are usually caused by new traders when the market is down. A fear of them works a lot of the time they then sell out their asset. When new investors make this mistake, big investors exploit this opportunity to invest a lot of big amount. There will be such an updown in the crypto market. So I will say to new investors when the market is down, you will try to exploit your asset as quickly as possible and reinvest it will bring you a lot of profit. Don't Panic.. almost try to hold obviously you make rich Upcoming future
Who doesn't panic if the coins we hold go down in price? Everyone will certainly panic, and those who panic more are those who have small capital. Because if we lose then there are no more assets that we have, Patience is necessary but not everyone can do it.
If you are new to crypto then you may panice, else for the seasoned players all know that btc and altcoins does have a roller coaster ride and in long term you make money. As well if you are just a short term investor than yes could have some panic situation during the course of it.
If I frankly speaking it's not as easy as it sounds. I have come to know it with my own life experience. But it's also true that those who have been able to control themselves at the time of this panic have been able to see the face of profit later on. But for this, you have to be more patient and give it enough time.
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.
Dumps and price corrections are two similar parables. but some investors are afraid to sell when the correction occurs and they hope the price will go down and buy again, usually panic occurs because they have been waiting for a long time and the price of the coin does not rise after experiencing a correction for several months, this is why technical analysis is needed before you plan to invest in new coins, because some investors will calm down if they have coins like BTC and other top 100, the price will definitely hit ATH again because the coin has strong fundamentalsWhat do you think about this circumstance ? am i overthinking this ? share your views.
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.
don't ever panic because if the dump will cause panic and big losses there will be many mistakes and losses if it's one of the options to get a profit panic will make a lot of losses investors who have lost a lot of money because they are impatient will make big losses problems later it could be an opportunity to provide great benefits.What do you think about this circumstance ? am i overthinking this ? share your views.
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.
don't ever panic because if the dump will cause panic and big losses there will be many mistakes and losses if it's one of the options to get a profit panic will make a lot of losses investors who have lost a lot of money because they are impatient will make big losses problems later it could be an opportunity to provide great benefits. What do you think about this circumstance ? am i overthinking this ? share your views.
If you are choosing the right coins - the ones that have some fundamental basement like technology, team, implementation etc. - you will always be sure that dump is temporary and there will be more pumps. And thus you can always wait and hold for several more months (or even years).
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