How do I stop panic selling cryptocurrency?

awik p

full member

Activity: 1526

Merit: 111

Pepemo.vip

Quote from: onrise on May 26, 2018, 01:16:54 AM

Quote from: deonyx on May 25, 2018, 07:54:05 PM

Panic selling is a threat to profit, the panic sellers rarely makes profit unknown to them. Selling every now and then when you notice the market facing downward is a terrible indication of a naivety of trading techniques, some don't even have idea of what market consolidation means.

It is quite simple that you need to identify the opportunity that why will market rise again and is it falling due to some mislead information provided by the media or is it due to some very powerful decision taken by some major countries against crypto. Accordingly plan your sell.

i guess to predict rising and falling prices is not easy. but we can see that bitcoin will rise and this will be followed by coin or other altcoin. so if that mindset is already in us, then we will say hold

onrise

sr. member

Activity: 1512

Merit: 316

Quote from: deonyx on May 25, 2018, 07:54:05 PM

Panic selling is a threat to profit, the panic sellers rarely makes profit unknown to them. Selling every now and then when you notice the market facing downward is a terrible indication of a naivety of trading techniques, some don't even have idea of what market consolidation means.

It is quite simple that you need to identify the opportunity that why will market rise again and is it falling due to some mislead information provided by the media or is it due to some very powerful decision taken by some major countries against crypto. Accordingly plan your sell.

ryzaadit

legendary

Activity: 2450

Merit: 1225

Quote from: biogesic on May 26, 2018, 12:35:34 AM

There are times panic selling works Grin

If the price of your coin is up in the air, it can just keep dumping for days and weeks. Sometimes the bottom can go deeper than you can imagine. There is a reason why some coins make new all time low.

Depends on the project well if the project its really good they will have some strong support, for me its not about panic. Its about did the project have some chance / news to make price up or will still down if dont have some news well iam just selling at lose. I can get more coin with a losing capital

biogesic

jr. member

Activity: 168

Merit: 9

There are times panic selling works Grin

If the price of your coin is up in the air, it can just keep dumping for days and weeks. Sometimes the bottom can go deeper than you can imagine. There is a reason why some coins make new all time low.

jkdawg78

newbie

Activity: 36

Merit: 0

Just have enough cash on hand to average down. Play the bases and you’ll be ok

TheNextChampion

full member

Activity: 198

Merit: 100

You should had learn the word patience and if the price goes does it does not means that it will dump completely. You just need to focus and study which investment to take because it will help you a lot to decide if you are going to sell or not or just completely hold your investment. When you feel bad about your trades and started to panic the moment you see the price falling down then the action you will do is to sell it quickly without knowing why is it down.

Callmeandy

jr. member

Activity: 213

Merit: 1

it actually depends on what you are trading, if you trade low volume coins, they tend to go into basement and die, obviously you sell to avoid your money to vanish, while if you sell high end coins, there is simply no point of selling , as they are for long term.

Birin016

full member

Activity: 378

Merit: 100

Quote from: EditorK on May 05, 2018, 03:49:54 AM

The question itself is the answer “PANIC”.

Everyone knows cryptocurrency market is highly volatile and risky.
And most of the people do emotional trading.
They sell when it is crashing. And suffer from the loss. They panic and sell in the loss.

What is the point in selling at low?
One must wait for the market to turn green and bullish.

The way to stop the panic is to not engage in panic-inducing activities such as day trading.
It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead.
The doctor says don’t put your arm overhead Grin

If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.

If price going down, Don't check market every hour, and you must Seek the bustle to forget for a moment the price market. Better than don't think about market and be patience. And think this "if i sell now i will loss" . Key of succes is patience and hardwork

charlzyeby

jr. member

Activity: 182

Merit: 4

I don't sell when the market is green..lol. I sell when the market is "extremely" green. Panic sales will only make you lose interest in crypto. But if you have to sell at all cost the I suggest you sell immediately you suspect a decline and buy more when there is an actual decline. You can go on afterwards to sell your profit only for some quick cash. Never do panic selling no matter what happens.

Bianxee

member

Activity: 217

Merit: 10

Quote from: cryptosluck on May 25, 2018, 08:19:45 PM

if u want to sell through a panic section of market conditions then don't get react to fud news and fake rumours and even misleading statements panic mode of selling wont happen

You can sell ahead of them and you saw the market wasnt that red or if you don't want to be belong with them do not mind that news and stick to your plans. Because for me rumors, news, and price reactions makes a big opportunities.

meusyou

jr. member

Activity: 108

Merit: 1

You are right about this until when investors learn that cryptocurrency is not a get rich quick scheme and sometimes you might need patience, makes the whole difference.

cryptosluck

newbie

Activity: 107

Merit: 0

if u want to sell through a panic section of market conditions then don't get react to fud news and fake rumours and even misleading statements panic mode of selling wont happen

deonyx

jr. member

Activity: 122

Merit: 2

Panic selling is a threat to profit, the panic sellers rarely makes profit unknown to them. Selling every now and then when you notice the market facing downward is a terrible indication of a naivety of trading techniques, some don't even have idea of what market consolidation means.

intoy_victor

member

Activity: 266

Merit: 16

If you have enough knowledge about crypto currency you would know that you don't have to panic selling. Because when there is down there will always rise up to give hope to all users. Actually when bitcoin is getting low at the beginning of the year it normal even if you check it to the past year bitcoin chart it is only normal.

shone08

sr. member

Activity: 602

Merit: 262

Quote from: AntonGrishko on May 25, 2018, 07:17:15 PM

One of the best strategy to avoid panic selling cryptocurrency, say bitcoin is deciding your minimum profit target and maximum loss. This amount depends on your risk tolerance when you trade cryptocurrency or bitcoin.

Hmm you have a point dude! in trading you dont need to be greedy always set a minimum profit 3 to 5% every trade then dont buy an altcoin in a high price always look for the chart and use indicator to avoid selling your altcoin that resulting to lose your money then apply the patient strategy.

jaocoincrypto18

full member

Activity: 630

Merit: 103

Quote from: EditorK on May 05, 2018, 03:49:54 AM

The question itself is the answer “PANIC”.

Everyone knows cryptocurrency market is highly volatile and risky.
And most of the people do emotional trading.
They sell when it is crashing. And suffer from the loss. They panic and sell in the loss.

What is the point in selling at low?
One must wait for the market to turn green and bullish.

The way to stop the panic is to not engage in panic-inducing activities such as day trading.
It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead.
The doctor says don’t put your arm overhead Grin

If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.

I have my experiences during the latest ultimate dip in which i bought my Bitcoin at $19,000, that i keep on holding because they always says don't panic and hold until the price reach as low as $6,000 in which its clearly a huge loss because of keep on holding and not panicking. My point is you can't blame people if they do panic because its really tough to hold on now due to price is really unpredictable. So better to cut off the losses and start again at the lowest price or quit this risky investment.

AntonGrishko

member

Activity: 224

Merit: 10

One of the best strategy to avoid panic selling cryptocurrency, say bitcoin is deciding your minimum profit target and maximum loss. This amount depends on your risk tolerance when you trade cryptocurrency or bitcoin.

Jake Virus

full member

Activity: 378

Merit: 100

Quote from: Jorosss on May 24, 2018, 01:01:15 PM

To stop panic selling cryptocurrency you have don't listen to false news. Noobs they easily listen to false news that is why they sell their coins. Aim for the goals and for the better profit by holding.

I think you can stop panic selling your cryptocurrency if you will just know how to hold when the market is in red, and for me holding our coin in panic situation is the best thing to do so we can really stop panic selling our cryptocurrency.

triasel

sr. member

Activity: 672

Merit: 250

Quote from: EditorK on May 05, 2018, 03:49:54 AM

The question itself is the answer “PANIC”.

Everyone knows cryptocurrency market is highly volatile and risky.
And most of the people do emotional trading.
They sell when it is crashing. And suffer from the loss. They panic and sell in the loss.

What is the point in selling at low?
One must wait for the market to turn green and bullish.

The way to stop the panic is to not engage in panic-inducing activities such as day trading.
It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead.
The doctor says don’t put your arm overhead Grin

If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.

you should to control your emotion and have patience in waiting for the price to rise up. cryptocurrency market always moves rises and falls. you should understand it is a normal thing in the market.

v0rtecxz

sr. member

Activity: 406

Merit: 251

such sales will only lead to greater losses, people who panic in their trading will not be able to generate profits well, because every there is a decline, they can not make the right decision in anticipation of it, try to stay calm when trading , do not rely on emotions at the time of trading, if you are in a bad situation better rest and clear your mind

Topic: How do I stop panic selling cryptocurrency? (Read 2120 times)