Do not panic sell when there is dump - page 6.

wheelz1200

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Quote from: Lorokan on April 17, 2021, 02:08:18 PM

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.

Depends some coins get one pump so you might want to exit once it's starts dropping. But if you are talking coins like bitcoin, eth, etc then no you should just hold out. Generally you want to sell when everyone is buying not when everyone else is selling. This is how you make money.

denasha92

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Quote from: Sunyoto on September 01, 2021, 02:31:03 PM

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.

We usually see Pump and dump in crypto. I think the one who Will panic when the dump come is people who have a huge capital, not the small one. Because when the assets go down, even just 3%, they lost a big money. It makes them panic, then make the dump even worst.

Wulan_maniez

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Once the coins are pumped, of course there will be dump. So this is a lesson for traders that it is best to buy coins when the market is not bullish. Or you can buy coins before pumping comes along. This can minimize losses. Anyone would panic I think, if someone buys at a high price, but then the price of the coin drops dramatically. Again we must know the market conditions before entry points.

Mahanton

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Quote from: Princejebs on September 01, 2021, 06:01:56 PM

Quote from: int03h on May 19, 2021, 06:15:42 AM

A strong coin still has strong bearish potential, history has shown us Bitcoin or any altcoin in a bear market.
A trader who has a plan and understands technical analysis knows when to panic because he or she knows when the market is really down.

Having a bit knowledge about technical analysis is very essential for every trader including holders too. Sometimes you think market is dumping but when view on a macro structural level, they are nothing but just a mere correction which is healthy for any market. Just like the man who predicted the Bitcoin model to a million, using that chart alone will make you hold your coins no matter the condition of the market.

How could you able to determine a mere correction and a possible dump/crash next in line? This is where things even way more harder and this is why its really hard to retain yourself into the market
and wont able to make some mistakes because due to unpredictability then mistakes is always really that rampant no matter how knowledgeable and skillful you are.There would always be those
situations on where being experienced doesnt really count but we cant really avoid the fact that experienced ones would always have the edge and its a must thing for you to survive
on this market.

Princejebs

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Quote from: int03h on May 19, 2021, 06:15:42 AM

A strong coin still has strong bearish potential, history has shown us Bitcoin or any altcoin in a bear market.
A trader who has a plan and understands technical analysis knows when to panic because he or she knows when the market is really down.

Having a bit knowledge about technical analysis is very essential for every trader including holders too. Sometimes you think market is dumping but when view on a macro structural level, they are nothing but just a mere correction which is healthy for any market. Just like the man who predicted the Bitcoin model to a million, using that chart alone will make you hold your coins no matter the condition of the market.

Sunyoto

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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.

Review Master

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BitByte Crypto: https://link3.to/bitbytecrypto

Quote from: Zilon on September 01, 2021, 01:40:17 PM

It's not just the novice alone it happens to even professionals I think it's a matter of how accurate your analysis may be.

Indeed, it’s not just about being novice as professional traders made those type of mistakes. So we need to do the best analysis for any situation whether it’s bullish rally or correction. Thus we could get the best ROI on your trades/investment along with DCA for long term hodling.

Mahdirakib

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In Search of Incredible

Quote from: Ulvajaya on September 01, 2021, 01:03:06 PM

That's why beginners are required to first learn to control their emotions in order to understand the market conditions when to release and when to buy certain coins so that there is no panic when rising or falling prices in the market, for experience it is enough for a failure to release coins that have the potential to be gems

Beginners aren't the only people who sell their coins by being panicked. But beginners make the mistake by selling their coins at lower price. Where some old and professional crypto users sell their crypto to buy back at lower point again. Even few manipulator sell big amount to create more panic. Investing in top good coins have less risk but whole crypto market falls when a big FUD happens. There will be always some panic seller in crypto market, nothing can stop them.

Zilon

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Bitcoindata.science

It's not just the novice alone it happens to even professionals I think it's a matter of how accurate your analysis may be. If you have a good analysis and you are sure of the next move then it's better to buy the dip and hodl but the truth is not all coins are worth this risky adventure it's better you limit the loss and sell the dip if the analysis remains unclear to you

Golftech

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Quote from: Angna27 on May 20, 2021, 03:30:25 AM

Who wouldn't be? sometimes you can't help panicking because you're losing your money, your hoping for a bigger profit and then comes dumping, but then you're right when you know that it's just a strategy that others make you wouldn't give in easily. You will know what to do, while their dumping coins.. yours it hodl waiting to pump so that when the right time comes at the value is high you'll know what to do next.

If you focus on yourself, then experience will dictate things to you. The cycle is always there and those who panic
right away, without analysing the situation mostly failed and lose a lot.
But those who know how to do and have good knowledge of how the market really works they can continue holding
or buy more to add to their current holdings.
They know that once the market bounced back; they got much better profits.

Ulvajaya

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That's why beginners are required to first learn to control their emotions in order to understand the market conditions when to release and when to buy certain coins so that there is no panic when rising or falling prices in the market, for experience it is enough for a failure to release coins that have the potential to be gems

Angna27

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Who wouldn't be? sometimes you can't help panicking because you're losing your money, your hoping for a bigger profit and then comes dumping, but then you're right when you know that it's just a strategy that others make you wouldn't give in easily. You will know what to do, while their dumping coins.. yours it hodl waiting to pump so that when the right time comes at the value is high you'll know what to do next.

TelolettOm

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Leading Crypto Sports Betting & Casino Platform

The panic occurred because maybe they did not prepare for the big decline like now. those who panic selling will only regret it at a later date. as we know that the crypto market has high votality and must be able to be careful in managing money management. If you already have readiness I think people will benefit from investing. the decline like now should be momentum

nowfall03

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The correct approach is secure as much quality data in the most brief measure of time conceivable to make a respectable judgment. Coins can crash for awesome reasons. In any case, when you have a feeling that a coin is exaggerated simply sell and run in light of the fact that the landfill is consistently user dump and you can lose every one of your benefits

ecnalubma

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It will be such a terrible action to only sell when the market is crashing. Some investors don’t realise how dangerous crypto market is that’s why if they witness massive dump they fear that they will lose a lot and cutting losses immediately for they believe that they made the right decision only if they’re just for long term perspective its not really necessary to panic like its the end of the world.

Kez1817

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www.cd3d.app

If you are not strong at investing in a volatile market then you will really panic sell if you see the market suddenly crash. That's why having knowledge about crypto investing is so important. You will regret if you lose a lot because of panic, it is better to learn more and try to handle your emotions. Otherwise the whales will be happy to buy your coins at the dump.

gribalenfeksiyon

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Panic selling can be something that happens to many people. you want to protect your investment. You don't want to lose your invested money. The reason for these panic sales is largely due to this. people don't want to lose their money. so it panic. but some do not panic and sell, then maybe they will regret it. because the decrease experienced may take a long time. And if you remember, the bear season lasted 3-4 years after 2017 and bitcoin did not reach its old price again. so panic sales can be considered both a good thing and a bad thing.

Saint-loup

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Quote from: Lorokan on April 17, 2021, 02:08:18 PM

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.

How do you know they are novice? Do you really think novices have enough assets to make a market crashing by selling their bags? People must do whatever they want, they don't need misleading advices. If they are convinced the price will go down, there is no reason for them to not sell, they will be able to buy back their assets at a lower price and then to make profit. And even if they don't want to buy back, they will at least avoid depreciation of the value of their funds.

mamiko

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Panic sales are whales' favorite thing in this market. The investor, excited and panicked, wants to sell his coin because he does not know what to do. After making this sale, he will probably regret it. But the most important thing in this market is to be an investor who is cold-blooded, does not panic, knows what to do and has set a goal for himself. not everyone can do this. but we can learn this by trading.

paxmao

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Do not die for Putin

Quite a popular advice: don´t sell on the dump. The problem is that, if you take a look at what happened in the 2018 dumps, many of the coins never recovered, so keeping calm may only not be easy, but also not such a good idea. The way forward is to decide beforehand why are you buying a token, that is, having some idea of what would look like success and sell if any of the expectations are not being met. The price itself should not be the criteria to sell, if it is, it means that you haven DYR it correctly

Topic: Do not panic sell when there is dump - page 6. (Read 3038 times)