Yes this time I made a thread about, Panic sells altcoin when the price goes down for fear the price keeps falling and panic when altcoin rises because want to profit from altcoin.
Because everyone is trading to get profit, but why sometimes even loss? because of errors or panic?
most people currently buy coins just to follow friends, crypto pump groups, and get info from other places to buy one of altcloin, and there are beginners who only know the famous coins that make them lose because they do not know which coins will go up. the price and where the coins will go down in price, then most of now the panic sells and panics.
and here I want to ask how you always profit from altcoin trading?
Observation and research make two big part of it. Of course research for the team, the coin, and everything so u know it's a solid team and good coin, or else u will jump into some scam coin like bitconnect is an good example.
Observe the market take your time, everyday i check out the market and i can tell when are the coin is going down and when it's gonna up. But sometime it's just trick you.
TIPS: never be too greedy or else u miss the low point and then it pump again. But don't worry, because when it suddenly goes very high. DO NOT PANIC BUY at this time, Because it will be dumped again. but maybe not too low or u can make an even. For me, i use the bot to buy in back when it down for 5-8%. let's say u sell at 4999 then i set it to buy back at 4500-4600. Do not be too greedy.
By using this method, 70% i can earn more coin when market it down during these two weeks.