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Topic: How do I stop panic selling cryptocurrency? - page 11. (Read 2194 times)

member
Activity: 199
Merit: 10
There is few answers to that question in my opinion. Try to tell each time to yourself, that you will regret if you`ll do this again.
member
Activity: 378
Merit: 10
See in every part of our income we still, panic about the market because while it is going down we will bother whether the price can be recovered or not. You need to strong because your investment should work for you, in this way, you have to choose the right coin for giving profits to you. If you cannot control better stay away from the market.
newbie
Activity: 266
Merit: 0
The innovative technology behind Cryptocurrencies present investors with the opportunity to make high returns, but it comes at a high risk. Due to its global decentralised nature, with little to no regulation, it is the wild west of investment, and it is easy to lose money. By trading Crypto, there is no guarantee you will make money because it is a highly volatile market, which, while sharing the characteristics of the stock market, is decentralised, unregulated, subject to manipulation and highly unstable. To stop panic selling, get familiar with technical analysis
Detractors, like technical analysis to reading entrails to tell the future, reading the charts makes for better calls. You analyze historical data and make more logical predictions on what the price might do next. If you’re trading short to mid-term there’s no point in getting emotionally attached to a coin, you buy in, extract value, and get out before it dips.  Set stop-limit orders. Hedge, HODL You can’t be everywhere at once and see the past, present, and future, all in one go. You can set alerts and so you know when a coin is dipping or rallying but look, that will only get you so far. Some trading opportunities will slip through the cracks while you’re out having a life. So it’s a good idea to hold a portion of your profits and go long.
sr. member
Activity: 2520
Merit: 280
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I think each of one gets to panic in the first place or when we are newbies here. I can't deny in the past that when some bad situation happens on my investment. I always think of selling it because i know my investment will be down by a large percent. Panic selling always lead to bad situation like losing half of my money because sometimes after selling it the price recover quickly or slower but the important thing is the price recover. On my side, when i was new here i always trade with emotion and this is bad because when i panic i sold quickly for a 5% to 10% loss then after a couple of hours or days it came back. I think we must set aside our feelings towards investing so we don't do panic selling.
It depends on the amount that how much we can afford too lose because most of the traders can't afford to all their investment capital that is why they want to save their capital atleast by selling at lower price.But for the people who follow the basic rule of crypto investment that never invest more than you can afford to lose can easily hold the coin anyway.
member
Activity: 158
Merit: 10
It's hard. trust me, even pros still get trouble with this situation because they are still a person and a person makes mistakes and it's normal but you can lessen it with experience and time.
full member
Activity: 151
Merit: 100
I think each of one gets to panic in the first place or when we are newbies here. I can't deny in the past that when some bad situation happens on my investment. I always think of selling it because i know my investment will be down by a large percent. Panic selling always lead to bad situation like losing half of my money because sometimes after selling it the price recover quickly or slower but the important thing is the price recover. On my side, when i was new here i always trade with emotion and this is bad because when i panic i sold quickly for a 5% to 10% loss then after a couple of hours or days it came back. I think we must set aside our feelings towards investing so we don't do panic selling.

Numbers are important but controlling our brain, mind and psychology is a bit more important to stop panic selling.

A strong psychology is the key of success for the successful performance of investment. People should learn how to take themselves under their own control without getting affected by external effects.
sr. member
Activity: 315
Merit: 250
I think each of one gets to panic in the first place or when we are newbies here. I can't deny in the past that when some bad situation happens on my investment. I always think of selling it because i know my investment will be down by a large percent. Panic selling always lead to bad situation like losing half of my money because sometimes after selling it the price recover quickly or slower but the important thing is the price recover. On my side, when i was new here i always trade with emotion and this is bad because when i panic i sold quickly for a 5% to 10% loss then after a couple of hours or days it came back. I think we must set aside our feelings towards investing so we don't do panic selling.
member
Activity: 420
Merit: 50
It is not giving your decision making abilities more reasonability if you start getting emotinally involved into the investment process. That is why try to avoid being under the stress and panic to become more successful.
Don't be emotional in terms of investment method because we can't make a good decision.Involving in cryptocurrencies is the most risky one don't let your emotions higher to you ,it can cause panic selling .To stop this, widely accepted the technology which it has fluctuation and adopt the crypto world.
Yes, because of our emotions in terms of involving investment we panic selling and get losses of coin. Its difficult to stop because we have different personality but as long as we have a presence of mind and adopt the crypto we can stop this by time to time.
full member
Activity: 434
Merit: 105
It is not giving your decision making abilities more reasonability if you start getting emotinally involved into the investment process. That is why try to avoid being under the stress and panic to become more successful.
Don't be emotional in terms of investment method because we can't make a good decision.Involving in cryptocurrencies is the most risky one don't let your emotions higher to you ,it can cause panic selling .To stop this, widely accepted the technology which it has fluctuation and adopt the crypto world.
full member
Activity: 301
Merit: 100
It is not giving your decision making abilities more reasonability if you start getting emotinally involved into the investment process. That is why try to avoid being under the stress and panic to become more successful.
member
Activity: 252
Merit: 10
Hold your emotion stopt thinking the price of that coin will go go deeply. Remember that the key point of crypto so buy low and sell high. If you holding a legit token selling at dump and not selling at high is a big mistake. Why do you need to panic? Its easy to follow that dont sell when the price is very cheap tou cant create profit by this action. If your late to sell at high and suddenly the price dump so fast, dont sell wait for another pump
sr. member
Activity: 658
Merit: 251
I think mostly newbies or unexperienced traders are the one who panic sell. Experienced people hold their money or cashout if they need some but they don't sell it at loss. There are many things to avoid then doing it if you are new to it. I think one should invest only which they can afford to loose so they can hold their coins if the market crash and sell it when market again start rising.
member
Activity: 420
Merit: 10
Stop panic sell very easy.
Earn some bounty tokens/coins this tokens and hold. It easier to hold than the ones you bought.
By this way you have increase your skill and faith to hodling.
full member
Activity: 1428
Merit: 120
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There us little that can be done be done about panic sales  as its an individual decision for one to sell or not sell, When the prices fall sets in, the less experienced  people will naturally panic thinking its about to crush which is most of the times not the case, the only way not to be a victim f panic is to stay composed
Invest in your knowledge so that you do not have to rely on too much of the market, and you should also invest in this market so that you do not have to worry about market fluctuations. You should also divide your money into lots so that there is always a reserve for the times when the market fluctuates.
newbie
Activity: 107
Merit: 0
First things first you have to stop to play with emotions and play with your mind that you have. Easiest thing is to make the plan and follow that plan that you have made. Even if you feel like selling try to follow it, because those that play with emotions lose it in this trading world. Another tactic is to have your coins in the paper wallet hidden somewhere and make it a big effort for you to go pick the paper wallet expose private key and then send the funds to an exchange to be able to swap the m. Because the more effort you need to put to do some action the less you ou want to do it. So these are some simple ways that are hope will help you.

When the prices fall sets in, the less experienced  people will naturally panic thinking its about to crush which is most of the times not the case. What I will say concerning the ways to stop panic is just relax as you buy. Cryptocurrencies are volatile and it has the ability to increase and also decrease in price.
newbie
Activity: 65
Merit: 0
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.

be patient, by seeing the fluctuate in last year, I think it is normal. It just a crisis of crypto. it will be end soon, the market will grow. we will see at the end of year.
hero member
Activity: 826
Merit: 502
markets are very risky so, once you invested in crypto you are ready to lose your money. you need to be patient because if you dont! you really lose your money. hold while the price is down and stop panic selling because you just making your self a loser.
If a person will have a good knowledge about any coin in which he will invest then he will never feel the market as a risky market but he will have his milestones for his this investment and will wait for that time without any worry and without any lose. while if he will invest and will not know the exact time that when will be the time for the market to bull up then he will be in worry and may lose in panic selling.
full member
Activity: 378
Merit: 104
Always positive thinking is the very thing we are important in investing, as we know that nowadays a lot of negative news about bitcoin so that makes many users panic, we must be sure that the price will reach at least $ 35k at the end of the year.

I think bitcoin will keep going sideways for a while but once it breaks the resistence, 30k will be easy to hit.
member
Activity: 644
Merit: 10
Always positive thinking is the very thing we are important in investing, as we know that nowadays a lot of negative news about bitcoin so that makes many users panic, we must be sure that the price will reach at least $ 35k at the end of the year.
newbie
Activity: 96
Merit: 0
 There us little that can be done be done about panic sales  as its an individual decision for one to sell or not sell, When the prices fall sets in, the less experienced  people will naturally panic thinking its about to crush which is most of the times not the case, the only way not to be a victim f panic is to stay composed
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