Topic: How do I stop panic selling cryptocurrency? - page 7. (Read 2185 times)

Yes i agree on that, we need to keep calm and believe that we can earn on trading feild. Because if we are going to trade without faith we can maybe end all up in lossing our capital. I believe that we need to have faith on order for us to have more trust and we can do better things with patience, I think panic selling is always happening because of lacking such faith on the crypto currency feild because everything in crypto is unpredictable.

Tips to face Panic selling :

Panic selling can happen to anyone, either an old player or a new player in the Bitcoin trading world. Therefore try to apply the following tips to save you from losses.

First, keep calm. Decisions taken in a state of panic must be from a mind that is not clear. You must be calm in order to make the right decision.

Second, observe the panic trigger, whether based or unfounded panic selling. Because the types of unfounded panic usually will not last long.

Third, observe the lowest point, buy. Here we take advantage of the panic to add to trading assets or investments. In a state of panic that seems unfounded, you should not go along with selling stocks or assets like Bitcoin. But the investment is added.

Fourth, observe the increase, sell. Panic selling conditions typically last from one to two days. For players who take long time, panic selling is not so influential. But for the daily trader, panic selling will greatly affect his worries. Well, if you include a daily trader, hold yourself first when there is panic selling.

Determine at what point you should immediately remove Bitcoin. Determine the lowest point or ascending point. Usually on the third or fourth day the price begins to return to normal. Immediately sell Bitcoin that you bought during panic selling yesterday to gain profit.

If you want to stop selling your crypto at low price you should not be panic because we know most of the traders if they see the price decrease a little they sell their coin so the price decrease more that's the one reason why the coin dump dipper.

When trading in cryptomarket where price movement is very unpredictable you jave always keep to control your emotion trade with cautious not with emotion and buy only coin that with good status and service to offer not avourely hype coin.

Use various mind tricks and dazzle yourself away from thoughts about trading in such times...

I have another solution for that. Delete Google / Authy 2FA from your smartphone, do not log in to your trading account. You are good to hodl.

If you want to stop panic selling don't always think about fud news because sometimes other make gud news so market will go down if really believe to what you hold I think you don't need to be panic to sell your coin.

That’s nice that you did some research instead of following the crowd of panic sellers blindly. This is why experts emphasize on reading about the market and making some research before taking any hard decision. What I personally believe is that the market will grow but in the last quarter of the year and until that we need to stay calm in order to give our coins enough time for recovery and regrowth.

panic selling of cryptocurrency occurs most times as a result of decline in price on high volume. this happens due to some occurrence such as investors having to re-evaluate the stock value or when short term traders cause the stock price to crash thereby causing long term losses. this process creates a room for downliners to initiate long position. do avoid this, you need to understand the trade psychology. understand the reason/rational behind the crash in price of the stock market.

Before you decide to sell your coin, remember this word : " STOP ". And STOP means:
S - Stop
T - Think
O - Observe
P - Plan
Instead of selling your coins, there are tons of things you can do and by having a plan, you can easily determine your loss and decide to sell it or not

lol. sometime panic sell is good. why they sell? maybe because a bad news. an ICO dev had been scam or something like that. If you don't sell quick you will lost all your money

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.

Actually it can be our own control, do not be too afraid if there is a decrease in the price of coins, marenas where may the coins are down continuously, there must be times to rise as well, never affected by the market movement, because it is a big investor trick.

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.

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.

In some ways I would agree, but holding is not for everybody. Some of us are too impatient. They just need to loose once, to learn.

How bored you to hear this word, every forex study is always reminded with this word. But you must remember, patience should be instilled as you embed the term profit in your mind. Failure to instill it in your personality, then you have entered the "warning" area. You are more appreciative of patience and intelligent analysis

Panic never bring good things. When you see price is getting low just hold your breath and say it will rise soon, so you will not lose anything.  Remember that prices fluctuates from time to time, if prices goes down always think that it will bounce back, so our sense of panic will disappear.

Loving and enjoying your experience will avoid you do such panics, if you can manage to deal with any sway then you will be able to enjoy the ride, many people panics since they don't have enough information regarding to the business or industry that they've investing their money, I can say that continue to work with your educations then you will survive.

to stop you from any panic selling you must stop listening false news as this can influence your decision.