Pages:
Author

Topic: How do I stop panic selling cryptocurrency? - page 5. (Read 2185 times)

newbie
Activity: 210
Merit: 0
You will not get loss until you sell in a loss this is the rules for crypto. Many newbies are here in this crypto market and all the times they get panic and sell their coins in the loss and because of that market goes more down if this panic sells get in control market will be more stable.
New to them fear that the price of the code will go down. But in practice the dynamics of cryptanalysis are frequent, they rise and fall day by day and hourly. So whoever is patient enough will win and the loser will be impatient.
member
Activity: 308
Merit: 10
The best solution is always hold. Try to not open for now the market so you have any update for the coin prices so that you can avoid panicking.
member
Activity: 199
Merit: 10
Even I was a panic seller. But day by day I realize that holding is like a good virtue. Ao, I think only newbies or who haven't enough knowledge about the crypto market, they will sell in a panic. But it is true that holding is not good always.
MRY
full member
Activity: 560
Merit: 109
if the price falls we better to stay calm and do not panic because if we do panic selling then it will be a loss because we sell at low prices, better to keep holding the coins we have and patient because the market price will surely rise again
newbie
Activity: 168
Merit: 0
Maybe you are afraid of the electronic money because you got bad news from the bad guys they told you what bad negative because they were thinking, be optimistic do not take the bad news and settle Listen to positive information about it
jr. member
Activity: 504
Merit: 5
The fall and raising of Coins is a thing we experience everyday in the cryptocurrency coin market cap. So it's not a thing that you will keep panic of always. Stop rushing don't sell when others are dumping in the name of fear hold strong till the market get it's balance with this I believe you will never regret one day.
full member
Activity: 225
Merit: 100
Don't let the coin fall only below your bought price, for example if you bought something at 200$ and the price rises to 250$ you have a feeling that it will rise more but unfortunately it was all a pump and slowly you lose your profit what you can do instead is but a stop loss at 200$ so even if the price falls below 200$ you are not suffering any losses

This is vital for the newbies, majority of us made these mistakes when we started for the first time. I remember this, then the new people should know how to buy their coins. Whales can try to take you into their trap. You should not sell your coins during dump markets.
hero member
Activity: 812
Merit: 510
Don't let the coin fall only below your bought price, for example if you bought something at 200$ and the price rises to 250$ you have a feeling that it will rise more but unfortunately it was all a pump and slowly you lose your profit what you can do instead is but a stop loss at 200$ so even if the price falls below 200$ you are not suffering any losses
sr. member
Activity: 588
Merit: 251
HELENA
Be ready in all movements of the coin.  Btc and alts will surely rise and fall,  when it falls take a break and keep calm for in time it will rise for sure. It is important to learn how to keep your emotions and do not panic.
full member
Activity: 322
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.

I think the right solution to reduce the sense of panic in the face of falling bitcoin prices is to multiply the activities that must be done. with so many activities available, maybe the sense of panic will be slightly eliminated. many activities exist in the world of cryptocurrency, and generate profits. for example by participating in a prize campaign program or creating an article according to an existing project.
panic is something that should be avoided for bitcoin traders. most of those who sell emotionally and sell when prices go down because they panic and fear that they will suffer losses again due to bitcoin prices that they think will decrease. I also agree that for now a good strategy is to resist not to sell.
member
Activity: 155
Merit: 16
Check your emotions at the door.  Don't sell things at a loss, unless the project is confirmed dead or scam.  Otherwise, just don't be an idiot.  If you're more prone to panic selling, just buy bitcoin and sit on it.  Don't allow yourself to make decisions on it when you know you panic in the first place. 
newbie
Activity: 182
Merit: 0
You will not get loss until you sell in a loss this is the rules for crypto. Many newbies are here in this crypto market and all the times they get panic and sell their coins in the loss and because of that market goes more down if this panic sells get in control market will be more stable.
full member
Activity: 434
Merit: 105
Well the first thing that you need to do is stop checking the price of crypto currencies constantly and switch from going all in to daily cost averaging. By daily cost averaging you stop caring about the price and this kills most of the panic out of you. Now you just need to set a target sell price whenever you buy any coin.

That's a good Idea, setting a a target price of a coin where do we going to Invest Is really effective which make ourselves discipline and prevent loss our money In cryptos. But If you're new In cryptos Its normal scenario that we gonna make a mistake because Its considered as charge of experience and make ourself stronger than ever.
full member
Activity: 926
Merit: 100
I control myself to be able to stop when I experience panic in a way I do not really pay attention to the prices in exchange that will only give you panic because of the price movement that always makes you afraid.
member
Activity: 602
Merit: 10
panic selling is for newbies who are fearful in every market condition they do panic selling now and they give cryptocurrency for whales
I completely agree with you and It is in this way the actions of the titans market to work on other participants who will panic selling their coins at a cheap price. Although there have always been special methods of trading in the market.
newbie
Activity: 129
Merit: 0
panic selling is for newbies who are fearful in every market condition they do panic selling now and they give cryptocurrency for whales
sr. member
Activity: 1036
Merit: 329
Well the first thing that you need to do is stop checking the price of crypto currencies constantly and switch from going all in to daily cost averaging. By daily cost averaging you stop caring about the price and this kills most of the panic out of you. Now you just need to set a target sell price whenever you buy any coin.
this is truly that may affect you for to sell immediate on what you can actually see for so be confident for what you take for in cryptocurrency our emotional tendency of selling this may have to be strong for when you are always checking the price of then you are also make things so complicated that is why you feel so panic.
member
Activity: 336
Merit: 11
don't react to every panic news and fud news mostly importantly statements like warren buffet and bill gates and jpmorgan we should nt react to govt reactions on bitcoin and sell coins it will put us in loss
It seems to me that if there was such a situation, it is better not to sell your coins, there is already a period of panic. It is better to save and see that this will bring you huge benefits.
newbie
Activity: 266
Merit: 0
don't react to every panic news and fud news mostly importantly statements like warren buffet and bill gates and jpmorgan we should nt react to govt reactions on bitcoin and sell coins it will put us in loss
member
Activity: 350
Merit: 13
The question itself is the answer “PANIC”.

Your emotion is the one playing on you. If you can control your emotion and be patient then you can curtail panic selling. Cryptocurrency market is a speculative one which rely mostly on market sentiments. so filter the news you hear before you act.


Pages:
Jump to: