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Topic: How do I stop panic selling cryptocurrency? - page 16. (Read 2125 times)

sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
I think the best way to stop panic selling is by stop overthinking it,
You should relax while the price is dropping if you believe in the coins or token that you are holding,
You shouldn't easily believe in some news that you just heard or read because there are lots of fake news about crypto just to scare the weak hands.
hero member
Activity: 2212
Merit: 786
In my opinion, here are aome of the methods that you may follow in order to avoid panic-selling your bitcoins in times of a low market demand:

  • Only invest the amount that you are willing to lose. Consider your investments as resources that are not to be disturbed until its price matures (depends on your goal whether for short or long term);
  • Only convert your bitcoins to cash if you are currently struggling financially and you have no alternative means of acquiring money;
  • Never sell your bitcoins to a price lower from what you acquired them. This may depend upon your decision but if you think that you acquired them for a low price, do not sell it; and
  • Investing inevitably involves risk. You must understand that there is no guarantee that you may be able to yield income in the future.
member
Activity: 350
Merit: 10
The market for cryptocurrency is so volatile and it is a nightmare for investors who do not have much expertise in the crypto sector. To reduce the panic in this market I recommend investing in the crypto knowledge from the most basic so that you can invest in a safe and effective way. Try to make your own judgment in order to have the most appropriate investment.
full member
Activity: 798
Merit: 121
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.

Every investor have some point where they fear that their investments will go waste so they try their best to cut their losses by selling their cryptos back in much lower price. They almost always think that it is better to at least get some of you investment than to wait for it. What we all need in this career is patience and self control. Have some faith and relax while holding your investment.
sr. member
Activity: 406
Merit: 251
we all understand how the panic can affect our emotions, when the price drops and continues to continue, at that time many who insist they can not hold it longer because of fear of losing big, but some are selling to get its capital back and then buy back when the price is really low, take advantage of someone else's panic for personal gain
sr. member
Activity: 882
Merit: 403
To get to the solution to any problem, people must look back into the reasons as to why these problems occurred in the first place. Yes, panic is the mostly the reason but not the root. You see, panic is just a result of a few things like investing in cryptos even with the fact that a person has very few to no knowledge about cryptos, another would be investing funds that are way more than what he or she can afford to lose because of the fear of missing out. These two contributes to panic which then leads to panic selling. If these are removed, panic will be lessen even with fuds going out all over the place.
member
Activity: 154
Merit: 10
The only reason to sell at a loss is if you cannot afford to lose the remaining money. Many people have this problem. Sometimes panic is justified.
newbie
Activity: 56
Merit: 0
after buying any coin just set order and forgot is don't watch charts continue its create panic so its better just buy and set sell order and forgot it
full member
Activity: 276
Merit: 100
ven though we need my bitcoin, we will not sell at a low price, so we will lose a lot of our bitcoin, moreover we will hold the next few months at a higher price. so our sense of panic will disappear, because we sell for a better price.

Before you recklessly sell the bitcoin because you feel presure because of its dropping value, try to thnk twice, thrice etc until you realize what is the wise decision that should be done. It is also better of you will nonitors its value.
full member
Activity: 378
Merit: 100
Many people invest their funds in bear numbers that can completely destroy their lives so type in the down market they sell in order not to lose too much. Waiting for the right moment in order to get a lot of profit. Cool
full member
Activity: 448
Merit: 100
There are plenty newbies in the cryptocurrency world and virtually all of them are in it to become rich overnight, failing to understand that bitcoin is not a get rich quick scheme. These are the people who engage in panic sale. They even sell at loss often time. You are the one who can stop panic sale because it doesn't pay and rather brings regret.
member
Activity: 560
Merit: 17
Do not look at the charts so often.
Go long or sell and wait but dont do day trading if you are not able to control your panic and be emotionally stable with rational decisions.
newbie
Activity: 59
Merit: 0
ven though we need my bitcoin, we will not sell at a low price, so we will lose a lot of our bitcoin, moreover we will hold the next few months at a higher price. so our sense of panic will disappear, because we sell for a better price.
newbie
Activity: 40
Merit: 0
everyone is panic when market goes down. For me you can stop your panic in the way of just put a trust in your holdings because market dont goes down always there is a day that market goes up.
member
Activity: 252
Merit: 15
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 imagine that there are just two approaches to avoid the feeling of panic. On is to have officially assembled a great deal of experience with crypto currencies. At that point you realize that the graphs can go down however they have dependably returned the past. Along these lines you can glance back at individual experience and that is something that keeps individuals calm. Furthermore, the other way isn't to take a gander at the outlines in the wake of investing.
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
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.
In my opinion if we are thinking that if we are getting loss in trading Cryptourrency panic sell then we should get loss because that loss will explain you that what you made loss in your trading history and that will teach you that you should hold your Investment in many types of altcoins and anytime you will be in profit .
Here I already faced many loss by panic sell , and after the face of big big losses i understand well that dump and pump in cryptourrency is a usual thing and we should not think about it in Negative ways and we should always be positive in This Field "that is a success point "
member
Activity: 749
Merit: 13
Before deciding to enter the market analyze properly technical and fundamental also consider all the risks that you can be as bad as whatever it is and also control your emotional do not easily influenced,when you already have guidelines that strong then keep on the purpose of your initial do not easily falter as bad as any condition of the market and even if you have to change a decision different from the beginning make sure you've thought of very well.
legendary
Activity: 2240
Merit: 4133
eXch.cx - Automatic crypto Swap Exchange.
I struggle emotional with trading Cryptocurrency, I noticed that while I was engaging myself in day to day trading. I once had 1000Neo but sold during the China ban news ($13) per coin and I regretted the day I saw 1neo for $120 that was the day I decided to be a token HODLER and trade coins only when necessary. True HODLING pays and I'm just praying my emotions don't make me miss lambo again
member
Activity: 243
Merit: 10
some people get scared and panicked if prices start to droop their fear of losing this is why they panic, you do not need to panic, if you want to stop the panic you should just leave it and hold what you are at you.not afraid of losing but still optimistic that all will profit is not a loss
full member
Activity: 560
Merit: 100
Dont look on the price, lol! Just try to set goals, like - I would buy at this price, or I will sell this price. It helps me sometimes on.
I like your point, looking at the price in drops makes us more into panic sell. Be determined that in trading crypto you can became successful. It could really helps us not to focus for the time being checking the price always, think of price will recover.
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