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Topic: How do I stop panic selling cryptocurrency? - page 22. (Read 2183 times)

newbie
Activity: 103
Merit: 0
I guess it is better to hold your cryptocurrencies and wait, if you have more extra fiat money it is also better and wiser to buy more of it and wait until it rises again for your own good opportunities in future. Another thing, all your earned bitcoin needed to be safe and theres so many ways to safeguard whatever assets you have, read some articles, watch videos and even ask people who are into this trading.
newbie
Activity: 164
Merit: 0
Close all price charts, close your portfolio. Switch off the internet on your device. Move to the mountains and wait a couple of years. -> Return back.. and you are a millionaire.
full member
Activity: 640
Merit: 104
by reading a lot about the latest info about crypto currency, because then you will know what you will do so that you do not take the wrong action.
 if the low price will be better you hold it for a long time because the price will definitely go up if you want to be patient.
member
Activity: 243
Merit: 10
Selling at the dip will only make it worst, Newbies thinks they are losing money. But they only losing USD value not the bitcoin itself, those panic sellers are just bandwagon that dont have any idea about bitcoin.

However new investors of bitcoin or should I say newbie on cryptocurrency are panic selling their bitcoin in the mere fact that they bought on ATH all time high price, I love to see that they learn and this is how we welcome all the newbies. Welcome to the cryptocurrency!!! Always learn from the mistake, that's the best strength we can get after losing, that's where we all started.

newbie
Activity: 53
Merit: 0
Well , to be honest with you guys if you are not good in this and you do not know the market well it is better not to start.
If you can not swim, do not go to the swimming pool.  Grin
Of course if you have time to serve all the information and monitor the market, you can try. But, if you see that you loose money and loose and loose it is not your's.
My best advise for such people, who are afraid of loosing there money and always panic, just find someone with a good experience and without fear.
Because only this person can make money, just believe me. It is always better to have money even if you are don't earn it by yourself, then to be a hamster with zero on your wallet balance.   

newbie
Activity: 149
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.


there is no way we can stop a person from selling her/his bitcoins. we have nothing to do with it. it’s his/her money. in the end, it’s his/her decision.
newbie
Activity: 98
Merit: 0
If you always panic then sell your cryptocurrency you will lose. So think positive and believe that the existing crypto will increase again and you will not lose.
sr. member
Activity: 476
Merit: 250
Most of the panic sellers are those who are just newbies in the business or trading, and most specially if they do not know any knowledge on bitcoin at all. They are just going with the flow even if do not get the profit from what they invested. That is why.

That is true because those newbies are very scared to lose money and not all of them are built and born to be a holder of this kind of things so the more they lose money the more they will decided to sell because for them there is no chances to win that money back plus those rumors that brainwashing those newbies they will definitely gonna sell because of that thing. So us the longer people in here let us guide and help those newbies for them to stop selling just keep being optimistic and not look at the market every minute if you know that it is jusy falling.
member
Activity: 448
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.
the first thing you have to do remember when you are on college or when you are studying in every investment or business is to do some feasibility study first before anything else. in terms of business you should not invest on what you cant affoed to loose, and also in terms of trading always look at the ups and downs specially the dips because that will be your base when will you buy or sell. when the value reach its high (the last positive high value) you should sell when it hits low (the last negative or lowest value) you should buy, thats how you set it.

That's a good idea though, it's always been easy to say not to sell bitcoins when the price of low, that this hapoens naturally, that we have to wait until the price goes high.However, we cannot really blame the others as well when they do panic selling because it's their hard earned money that they invested and ofcourse we don't want to compromised it. For me inorder to avoid panic selling is to forget what you have invested for you not to worry on it and ofcourse put your full trust on it and always believe that bitcoin will always recover.
newbie
Activity: 25
Merit: 0
yes i agree with this so much. don't just panic sell. its probably the worst thing you can do. if you are going to sell do it logically not emotionally
full member
Activity: 476
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.
the first thing you have to do remember when you are on college or when you are studying in every investment or business is to do some feasibility study first before anything else. in terms of business you should not invest on what you cant affoed to loose, and also in terms of trading always look at the ups and downs specially the dips because that will be your base when will you buy or sell. when the value reach its high (the last positive high value) you should sell when it hits low (the last negative or lowest value) you should buy, thats how you set it.
full member
Activity: 308
Merit: 100
No, until people begin to take better care of this! Many people invest huge sums of money that can completely ruin their lives, so at times when the market goes down they sell so as not to lose everything... Cry
hero member
Activity: 1319
Merit: 593
In #Bitcoin me trust
Simple: use Stop-Limit orders. Immediately after buying, add stop limit order and increase the stop value each time the price increases. You will keep your coins safe. But don't forget to set alarms on crypto folio apps or any service that tracks crypto prices. (Your exchange's application, Blockfolio, Coinstats etc.)
full member
Activity: 490
Merit: 100
Those who are involved in a panic selling are mostly newbies and they just invest because of the popularity of bitcoin but they don't have enough knowledge about cryptocurrency that's why they are easily shaken and afraid that they might lose their money. They just needed to be educated to avoid panick selling  and trust bitcoin.
That's why knowledge is very important so we can control our self when the price go down. Before we start to invest we should know about crypto currency and what the risk we should to take. Don't easily believe negative news, when the market decrease it's better if you take a rest from crypto and do the activities as usual
jr. member
Activity: 168
Merit: 1
that is the risk in buying and selling cryptucurrency, sometimes the price goes up, sometimes the price goes down, seeing such conditions, we can panic, even many people lose, because panic, they buy at high price, then they sell at the price down, hold only in the long term, when the price rises we just sell
hero member
Activity: 854
Merit: 500
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.

Knowledge to me is the best combatant and our best bet for us to be able to hold off panic and use our rational heads in being able to do what is needed of us. I think that with bitcoin there is a lot of uncertainty holding us to panic whenever there is a big hurdle or a drop is being experienced. However if we are armed with the right knowledge or we know our limitations then we would not be able to panic and use our rational heads
hero member
Activity: 837
Merit: 500
Those who are involved in a panic selling are mostly newbies and they just invest because of the popularity of bitcoin but they don't have enough knowledge about cryptocurrency that's why they are easily shaken and afraid that they might lose their money. They just needed to be educated to avoid panick selling  and trust bitcoin.
When they see how they coin can achieve in a while of holding it, they will surely realize they worth and will learn how much it can be worth waiting. Soon many will just learn how to hold ito it, wed been all there.
jr. member
Activity: 322
Merit: 3
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.

Totally agree, but I think that panic is characteristic for people who have no enough experience, if person is aware of crypto trends he/she will not that it is very silly thing to sell when the price is low, and the situation will recover anyway.
member
Activity: 294
Merit: 34
Those who are involved in a panic selling are mostly newbies and they just invest because of the popularity of bitcoin but they don't have enough knowledge about cryptocurrency that's why they are easily shaken and afraid that they might lose their money. They just needed to be educated to avoid panick selling  and trust bitcoin.
newbie
Activity: 238
Merit: 0
Panic sales always lose money to investors.
Prices in the Crypto money market are constantly changing. It's important to stay calm. Do not panic and sell when prices fall.
Charting is very important. Perform a good graphical analysis.
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