Topic: How do I stop panic selling cryptocurrency? - page 23. (Read 2195 times)
Most people in cryptocurrency are newbies who don't have years of experience in bitcoin so when they saw that the price is falling down, they sell their coins even though they don't have profits for it. They just too afraid that they will lose all their investment money. Panic sellers are for those who can't take risks at all. They just want that their coins will profits all the time so when the market is down, they sell all their holdings.
If u are not a trader don’t look at bit coin 200 times a day and just chill. If u are panicking u might have more money than you should in crypto. Think of the possibilities of what btc may become not just the numbers game
Hello, I think you could stop panic selling your cryptos if you try your best to not look at the market price so often, stop looking at the trading sites so you won't be alarmed of price drops. Just start holding your cryptos, try to hold it at least half a year, or just leave your coins in the market and place a sell order in which you can get a profit then leave it just there.
These are some exdperience every noob have to make. So i made this panic sells too. And after that, i always saw how stupid this decision was. So the best way is when the people do these mistake sometimes, and then they will finally learn how stupid it was and they will stop hopefully. For most people these fomo attacks are something new and they never felled something like that. So its naturally that the people react like these. Maybe one point how you can stop these, is when you always send every coin and token to your wallet so you cant sell it so fast!
Do not be easily influenced by outside news that is always disparaging Bitcoin and Cryptocurrency, and we also have to realize that the coin is fluctuating, intermittently down, and intermittently up. so in fact we do not need to Panic when the price is down, and we must remain Sure price will go up again. it seems that's all I can say, to overcome Panic, so we do not sell our coins at a falling price.
Most of people who join crypto, also doesn't gave enough knowledge about it, and they are easily affected by any fake news which come out.
So that makes panic sales normal experience practice for such people, lack of understanding crypto market often leads to minus trades or total loss of capital for them.
To avoid panic sales, simply try not to sell when everything is falling on the market. It could be hard for someone, but thats the only right thing to do when market hits downtrend - HODL!
So that makes panic sales normal experience practice for such people, lack of understanding crypto market often leads to minus trades or total loss of capital for them.
To avoid panic sales, simply try not to sell when everything is falling on the market. It could be hard for someone, but thats the only right thing to do when market hits downtrend - HODL!
You could stop panic selling in cyptocurrency and bitcoin by looking foward and see the statistic bitcoin price last several month and you have check how is low price of bitcoin. you will see when bitcoin on low price have one chance to take profit to buy and invest your money in bitcoin, many investors want take this moment to buy and invest their money in bitcoin. this directly will make bitcoin price on high and you will enjoy your profit.
First, to avoid panic sell you have to use cash money to trade, don't use the money that you use for your daily needs,
analysis, read news and announcement before you sell your coins and don't all in.
If it's still possible to go up, stay monitor the market and enjoy your coffee.
analysis, read news and announcement before you sell your coins and don't all in.
If it's still possible to go up, stay monitor the market and enjoy your coffee.
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
If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.
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
If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.
Yup. Another method is to stop paying attention to intraday fluctuations. I think people more easily see the short term up and downs rather than the long term potential.
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
If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.
Every one of us has their own reason why we need to sell,and important when in loss..most of the time its the emergency need of money thats why weve selling lower than we bought..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
If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.
But the main reason is the stop and loss of our capital.but buying again when the price goes dip
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.
I agree that panic selling is mostly common to a newbie or lack of knowledge about bitcoin. Even if we have enough knowledge abiut bitcoin yet we have to make a good strategy in bitcoin or cryptocurrency. We can consult before we sell.
yep, the point of selling at low very simple, the "hamsters" see all are selling, they too afraid to stuck with the coins in the pocket and they think better have something then nothing... needless to say, they are so wrong!
but this is an experience they have to learn..
but this is an experience they have to learn..
Cry a little bit, take a deep breath and let it go.
This is unhealthy, why people prefer to lose rather than hold back, so maybe they avoid their assets drained away.
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
If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.
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
If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.
panic never bring good things. peoples must not trading with their emotional.
always be rational and logical. it is about numbers, you can use your feelings.
It's have been a long time Bitcoin go along the way. 7 years ago the price of Bitcoin is still $1. And look on the price now?
If you're an old crypto trader, there's nothing to worry about. Holder will stay to be a winner and a panic trader will loss.
Totally agree with you it is not good to lose your hope and sell at panic, rise and fall happens in investment and trading in crypto currency, so wise one always win by holding. When you see price is getting low just hold your breath and say it will rise soon, so you will not lose anything. Old traders know that if today price is low tomorrow it could be more than double so they hold with patience and get profit, follow this rule soon you will learn to overcome the fear of lose and you will stop panic selling. If you're an old crypto trader, there's nothing to worry about. Holder will stay to be a winner and a panic trader will loss.
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. This method is very powerful to overcome the panic caused by lack of information about the market conditions.
yes that is too much important that you much study the news the market about crypto and after good analysis should take a decision, in fact most of the new investors do have any any study about the market but when they see the price felling down they try to sell their shares which is in fact cause a big lost to them.
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. This method is very powerful to overcome the panic caused by lack of information about the market conditions.
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
If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.
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
If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.
Thats true my friend the people who are selling his/her crypto currency when the price is dropping is just a beginner, the only thing to make your investment successfull dont panicif it is dropping wait for the time to rise up again and sell it.
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
If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.
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
If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.
One simple rule is when Bitcoin goes up, some of the Alts go down, so if you can reverse this trade, you would be up of your holdings, yeah HODL the majority but have fun trading with a percentage of it, and don't panic sell, or if you do, there will be some to pick up the orders anyway..
Jump to: