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Topic: How do I stop panic selling cryptocurrency? - page 4. (Read 2185 times)

full member
Activity: 392
Merit: 100
To stop panic selling in cryptocurrency you should stop over thinking about the negative thoughts about what is happening now, just think what tactics you will do, to survive in this.
You can stop panic selling here in cryptoworld by just trusting the market and off course trusting the coins you are holding is really imporant also, because if you trust your coins even the value of it will dump you will still hold it and wait to became high before you sell it.
sr. member
Activity: 826
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Bitgesell (BGL) Decentralized Cryptocurrency!
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.
Yeap I agree with you.Most of the panic seller are a newbie or need money emergency or cannot control emotion.A cryptocurrency is a different place where people earn money easily and lost everything for one mistake. Most of the people invest her everything on crypto without thinking.than they sell their asset loss and upset for this because they need money or emergency or have little idea about crypto.So i think if you want to ge more profit and stop
panic selling focus on btc and control emotion and targeted profit.
full member
Activity: 145
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You must train yourself to be patient and control your mind to not be panic. Panic usually caused by the dumper are coming and you'll influenced by that situation then sell your coin. If you faced the same thing many times, i'm sure that you can stop your panic and understand the condition.
hero member
Activity: 2212
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Top Crypto Casino
The first step towards resisting the urge to panic selling your positions is to stop looking at your portfolio every 5 minutes, hour or day. We're in the bear market. Continous dropin the price of Cryptocurrencies is expected. And looking at your portfolio regularly is depressing enough to convince you to sell your position. That time you use in checking your portfolio is better utilized by spending time with family and loved ones. That should take your mind off it for a while.
sr. member
Activity: 643
Merit: 264
We are in a very emotional market. So when a catalyst occurs such as negative news about regulations in India, we see far more drastic price movement than we would see in a seasoned and developed investment vehicle like a traditional stock. Don’t panic.
full member
Activity: 490
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Emotion is your problem, control your emotion when you are trading. Once you panic and you loss your control  and your money goes. Emotion is an enemy to traders and must be controlled.
sr. member
Activity: 750
Merit: 258
To stop panic selling in cryptocurrency you should stop over thinking about the negative thoughts about what is happening now, just think what tactics you will do, to survive in this.
in order to do that, you need to control your emotion while trading. If you can not control your emotion, you can not wipe out your negative thoughts because once the emotion control your body, you can not have a clear mind to make right decision
sr. member
Activity: 1246
Merit: 255
You have answered the question, normally it pays the buy when it is low even though the buyer must also be very careful and sensitive. And you have said to avoid panic you have to play safe, keep following the scaling with sense.
full member
Activity: 301
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Of course I have heard of Bitcoin before but was not paying any real attention to this crypto currency until I saw the real life example when my friend got so successful and wealthy that I believed into the power of bitcoin.
sr. member
Activity: 1974
Merit: 450
I think the panic sell usually doing by beginner of trading because they will be panic when the price has fall. They also think the trading is depend on luck and they just follow their neighbors with profit on trading and they just run to trade without knowledge. I think no one can stop anyone to do panic because they have their thinks and in their think is how to cut lossing with sell. They will stop panic if they understand how to trade in real practice.
I guess that kind of feeling is hard to deal with. sometimes, even if we are ready for the worst, still we panic, when we see most people sell their assets. well, if you really want to get away from the panic in crypto, you just need to buy the coin you need, and forget it. well, that might work.
member
Activity: 294
Merit: 14
Chainjoes.com
I think the panic sell usually doing by beginner of trading because they will be panic when the price has fall. They also think the trading is depend on luck and they just follow their neighbors with profit on trading and they just run to trade without knowledge. I think no one can stop anyone to do panic because they have their thinks and in their think is how to cut lossing with sell. They will stop panic if they understand how to trade in real practice.
member
Activity: 252
Merit: 10
Almost everyone know that panic selling is bad idea but unfortunatly many people turning off their brains and selling everything anyway. Just hold when you seening that price decreasing.
This point of keeping is also not much benefit, the price of the altcoin is now gradually stabilized, the market is being saturated. It is impossible to price the altcoin spike as in previous years. So let's focus on analyzing and waiting for the price to drop to buy and wait for the price to rise to sell them.
sr. member
Activity: 630
Merit: 258
To stop panic selling in cryptocurrency you should stop over thinking about the negative thoughts about what is happening now, just think what tactics you will do, to survive in this.
full member
Activity: 301
Merit: 100
All of us should definetly be more careful and less caring about the negative news from media and discussions around the bitcoin and the cryptocurrency market in general.
full member
Activity: 368
Merit: 104
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. 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

Simply believe that the cryptocurrency will grow. It is evident. Panic only makes the situation worse - you can sell the coins that will be gaining in future.
And one more thing is that we should not always look at the price of bitcoin every day. This will increase your panic. And when the panic is rising, you will sell what you have when it is very low.
Since 2009, when the world of crypto was just started, see them now. They haven’t been on charts even in mid of their tenure like in 2012 or 2014. Nobody was willing to take care of them and nor someone was interested to invest in them because of their zero fame and population. But gradually and slowly things become stronger and now see them. They have got maximum of the international market.
full member
Activity: 364
Merit: 100
Never invest more than you can afford to lose and have trust on the coins what you are holding.If your investment is in long term then you have less chance of getting panic so make your investment in long term and hold the potential coins nit the shitcoins.
sr. member
Activity: 812
Merit: 250
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.

you should to control your emotion and have patience in waiting for the price to rise up. cryptocurrency market always moves rises and falls. you should understand it is a normal thing in the market.
member
Activity: 350
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 actually did not panic sell my stocks. Panic selling would not do good in ourselves and on the cryptocurrency itself. Selling without a profit is like a suicide to begin with.
full member
Activity: 672
Merit: 100
If you are a coin holder and want to invest long-term on the coin, never look at the market. make a plan to sell the coin 4-8 Months and see the market every once in a month, if the coin price is in accordance with what you want then sell it because this is the only way that makes us not panic sell it
sr. member
Activity: 378
Merit: 251
Almost everyone know that panic selling is bad idea but unfortunatly many people turning off their brains and selling everything anyway. Just hold when you seening that price decreasing.
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