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Topic: How do I stop panic selling cryptocurrency? - page 12. (Read 2122 times)

hero member
Activity: 658
Merit: 505
It can be said that until December last year bitcoin was sold very rarely, so its value was constantly growing. Therefore, it was really used as a means of accumulating value, that is, as digital gold. After his last fall, the belief in bitcoin is a bit shaky and I think that bitcoin will be sold on the market more often. This can not be regarded as a panic. Most likely, at last it will gain more a function of a means of payment than an accumulation of value. The use of bitcoin primarily as a means of accumulating value, that is, as digital gold, will not lead to anything good. Bitcoin will grow in price and manifest itself as a financial bubble. This will complicate its process of legalization by states and leads bitcoin to financial collapse, because through negative information and the subsequent panic there is a risk of its depreciation.
hero member
Activity: 2996
Merit: 600
There's no point in selling at low. We can't blame those people who are selling at low and buying at high (FOMO). They should take it as a lesson and next time they get into such situation, they will avoid to panic sell.
newbie
Activity: 31
Merit: 0
Ita a human nature and specially when you have invested somewhere and suddenly the price is falling down. You have to learn how to control your nerve in this situation. Better to have good knowledge of market. Don't go emotionally and try to take decision as per market.
member
Activity: 322
Merit: 10
Don't mind people who hate and panick sell bitcoin because we can't get from this speculation. Much better if you focus more on bitcoin than those things it doesn't matter and we can't blame if they hate it. We can do more to help them like teaching about it so they will easily know and get ideas and knowledge regarding in working of it.
legendary
Activity: 2688
Merit: 1004
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
The panic can be stopped only by the people themselves. It is already clear that whales try to buy our bitcoins from us in all ways. A person has a panic. The government ignites this panic and periodically.
Yes, panic gets initiated from the people's mind. When something negative comes out through media or through other personalities people should not fear about this. Panic situation prevails, it's our responsibility to overcome the situation and get the best.
well, if there has been a panic selling, there is nothing we can do. all you can do is try not to get swayed and panic. many people think that panic selling is not necessary, but sometimes they are affected.
legendary
Activity: 3192
Merit: 1213
Enterapp Pre-Sale Live
The panic can be stopped only by the people themselves. It is already clear that whales try to buy our bitcoins from us in all ways. A person has a panic. The government ignites this panic and periodically.
Yes, panic gets initiated from the people's mind. When something negative comes out through media or through other personalities people should not fear about this. Panic situation prevails, it's our responsibility to overcome the situation and get the best.
full member
Activity: 358
Merit: 108
The panic can be stopped only by the people themselves. It is already clear that whales try to buy our bitcoins from us in all ways. A person has a panic. The government ignites this panic and periodically.
newbie
Activity: 102
Merit: 0
Staying calm in the crypto market is the most important thing. People are rushing to make money. For this reason they are hurting one and the other.
Set specific prices in your head. Order those prices. '' More '' logic is wrong with you. Be careful, the market will not forgive.
newbie
Activity: 39
Merit: 0
forget your private key  Grin Grin Grin
newbie
Activity: 112
Merit: 0
It is very difficult to stop someone who panics with the development of the world of cryptocurrency. If the person has a sense of panic that is very big of course if there is something that happens he will immediately panic and take decisions in panic like that again. We should not have to panic if the market price suddenly falls. Because this is definitely only temporary and will return again to a high price. This is the best time to hold all the coins we have.
newbie
Activity: 77
Merit: 0
I overcame it by reading all the media and news about cryptocurrency. One of them definitely provides an explanation of the market price, so we can consider for holding or arranging transactions and will not panic due to unstable market conditions
newbie
Activity: 108
Merit: 0
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.
member
Activity: 238
Merit: 15
Panic is always created when an individual sees that a crytocurrency that he bought has reduced to a certain price. In this situation it creates panic in him because he might think that the price may go into the pit thereby not HOLDING but sell to at least not to loose much in that cryptocurrency. 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. Just sit back and look what magic the coin will do. Just give it time thats what I will say
full member
Activity: 546
Merit: 100
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.
Good point of view.  Directly to the point speaking, it only means not to monitor its price daily because when its value is very low, it only makes you feel depressed until you cannot control yourself to panic and sell your possession that only leads you to lose investment.  

Those who are a newbie in cryptocurrency became a victim of this phenomenon. This is just a product of their fear to lose money which is understandable because it is human nature.   But the longer they engage on this market, they will soon realize and learn from their experience that selling when the price is low is not the answer to recover from loses instead being patience is the best solution.  So, it is really advisable that prior to engaging in crypto, you must fully understand its volatility concept. So, even when its price dump, you are not affected by its price and be calm.


Yes, I agree that people who are new to crypto world is the one who are the victim of panic selling and that is normal because they have not yet experience the taste of being lose, since people has always a counter measure from the previous failure therefore panic selling is not a permanent for every person.
full member
Activity: 392
Merit: 100
Yes most people who are just acquainted with Cryptocurrency mostly do this for fear of losing more profits because they buy at the most peak prices and when the correction occurs they only sell because they are afraid of losing. You know most investors sell when the correction happens that's why beginners tend to sell also because of the trend.It is true that the price of all cryptocurrency falls and no one knows when this price will increase and will become stable. This is the risk of all forms of investment, no one knows when the value will increase or decrease so patience is the virtue you need to practice now.
member
Activity: 196
Merit: 10
Panic selling is personal, the possible attitude of an individual that is why to stop such manner is curable but could not be prevented that will occur to someone in every situation in the market.
Yeah this is a good answer I agree with it, you can never control those people because they have their own mind, the only best thing I see that we can do is not to join them and support BTC.

Always remember that when BTC is in dip it is the best time to buy, by doing that you are already helping the crypto world.
copper member
Activity: 560
Merit: 46
Id Telegram : @dam_six
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.


just as I like to panic sell, because I trade with All In.

so when trading with 1 Bitcoin to Altcoins, keep falling price to 10% then my estimate to be 0.9 Bitcoin

and that's very panic!
member
Activity: 289
Merit: 10
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 agree with you, as a beginner we have to be relaxed in buying and selling crypto, do not you afraid, the price up and down it's a common thing, when you pakin see the price down and sell it, you will lose, from the beginning you want to be profitable, so you must hold
full member
Activity: 531
Merit: 102
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.
Good point of view.  Directly to the point speaking, it only means not to monitor its price daily because when its value is very low, it only makes you feel depressed until you cannot control yourself to panic and sell your possession that only leads you to lose investment.  

Those who are a newbie in cryptocurrency became a victim of this phenomenon. This is just a product of their fear to lose money which is understandable because it is human nature.   But the longer they engage on this market, they will soon realize and learn from their experience that selling when the price is low is not the answer to recover from loses instead being patience is the best solution.  So, it is really advisable that prior to engaging in crypto, you must fully understand its volatility concept. So, even when its price dump, you are not affected by its price and be calm.

newbie
Activity: 97
Merit: 0
I have a different mindset with it. by selling when the price is lower than when I bought it. this is a very good move and every trader should make this move. the market is unpredictable and sometimes we make mistakes.
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