Topic: How do I stop panic selling cryptocurrency? - page 9. (Read 2122 times)
You are right. Thanks for the joke. These kind of bullshit happens only on those case. Short time investment is the first reason. Secondly comes the little knowledge of investment. Thirdly the emotion. In trading or investing there is no place of emotions. Ok, finally comes the urgency. Again I’m same with you, your urgency needs the money not the profit. At last I will say that if you really invest in order to have a good profit, then have patience, know more, keep researching. Hope you will find the way you actually want.
In crypto not panicking is he who places orders and monitors their financial portfolio. Use special applications such as FinTab.
when falling prices will make some people panic and sell but that will only make them lose, it's better to keep holding and be patient because the price of the coin is volatile then it will surely increase again, so do not worry and panic
Nobody can blame you from panicking dear friend. After all it's your investment that you were protecting. The only advise i could give you, is you should totally refrain yourself from looking at news about crypto. Shut your television or your radio whenever things related to your investment pops out. Focus your attention in achieving your long time financial aspirations, be it for retirement plans, for college tuition of your kid or for that much awaited vacation for the whole family. Great optimism and patience will be your key in making this dreams in reality.
I agree of those answer here. Panic Selling is newbie moves, They will always think that when the coin or token dump they will never pump again. We cannot blame them not because they have weak hands, They have own emotion or they afraid losing profit. And i think on there mind Money will turn to Stone when they not trade before the price crush 
that's a good opinion I agree to that. panic is the biggest mistake anyone can make to lose in crypto trading. I agree with the hold until you get a profit
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.
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.
The main cause of panic selling is lost of self confidence. There are traders who losing their hope to earn big amount of money and it is the reason why they are panicking. You should not panic for you to make profit in trading of cryptocurrencies. 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.
Having a large dump on price on cryptocurrency makes someone panic because of the reason he/she might lose some money on his investment. Getting rid the panic can be done by reading the news about cryptocurrency on why it is dumped that time. Experiencing panic and selling it on low price will guarantee that you will lose the profit you supposed to be gain.
Yes, right now we panic because we would want to use some of my bitcoin but I know that if I wait for some time I get the bigger earning and that's what makes me more patient to hold till the price increses in a couple of months or so.
Have more experience in trading. Because, most of panic sell is newbie in trading world. And you need to control your emotion. In trading world, up and down the price is already common.
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.
I agree with you, to overcome the panic then do not get involved in the trade.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.
do not listen to FUD news, find someone who is experienced in trading and ask predictions about the coins you buy. it will make you calmer.
In order to stop yourself in panic selling, you should introduce yourself about the possibilities of Bitcoin to get low and high. You should be aware that the price is not stable so you should calm yourself.
in my opinion to stop the panic that you experience better you do not see or open the conditions of the exchange, you better close the existing exchange place because if you still open it seems you are increasingly affected market conditions and make you panic.
We can stop to do panic selling our cryotocurrency if we wiill trust the crypto we have and if we will keep on holding our coins rather than selling it when the price is low , is we can really stop panic selling.
Starter in market will surely panic when selling or buying because they will wonder what will the outcome be but people who have been in the system for a very long time will understand and will only panic a little. As we all know holding a coin for a profit may letter end up in lost and selling a coin for not losing may also end up losing a lot of profit.... So the main fact is to bear the risk and understand how the system works.
So i would rather suggest to you that you stop following panic news. If you have not been in crypto for a very long time and you decide to just follow any news you'll always get confused amd the panic follows. Also whenever you hear of any panic news verify from a trusted source (you can find good discussions about such news here where veterans analyze issues)
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.
Panicking won't give you anything good but would just mess up your decisions and plans here in crypto. I believe that there are unnecessary situations where in we may experience fear and we might feel scared but I think that we still must be patience in different situations for us to gain a better result.
Every trader should understand that the market is volatile and risky. Trading always involves risks. Panic isn't the best adviser when selling cryptocurrency. To my mind, it is necessary to stop panicking as this doesn't give any benefits
Practise what you previous experience thought you! If you have documented your previous experience, you should be able to recognise pattern that may lead to profit or loss. If you were able to predict reasonably, then panic should be out of the window!
Well, stopping panic selling may be enough by not seeing the market price, and doing other activities. well, it's just that it's very hard to do, because there will always be concerns that come when the coin prices start to dump
Practise what you previous experience thought you! If you have documented your previous experience, you should be able to recognise pattern that may lead to profit or loss. If you were able to predict reasonably, then panic should be out of the window!
Well, stopping panic selling may be enough by not seeing the market price, and doing other activities. well, it's just that it's very hard to do, because there will always be concerns that come when the coin prices start to dump Jump to: