Topic: Panic leads to profit - page 5. (Read 895 times)
If all around you are in panic but you save sober consciousness then it is really the way to earn some money finding the way that other cannot see because of terror emotions. Cold blooding is a feature of true dealer.
I think Ethereum is still in a very bullish market and I will buy every dip I can find right now. It will take a lot of bear action to destroy all that has been done, and I don't think the bulls are done yet. The coin is in an equilibrium pattern right now, but I think it will still have some more bull action soon, before it gets a correction, and it will probably happen before BTC recovers again, so I'm staying on ether for now.
As for the RSI trends, I agree with you, right now it's my favorite indicator, and I love playing those oversold bounces on the top 10 coins.
As for the RSI trends, I agree with you, right now it's my favorite indicator, and I love playing those oversold bounces on the top 10 coins.
The problem in here is that most people think that the panic time when the giant fud start is the great signal for selling everything, and it is not true.
most people are selling in here in losses, and that is what causes frustuation in here, that is what i see everyday. And because of that, they do not want to introduce themselves in here anymore.
most people are selling in here in losses, and that is what causes frustuation in here, that is what i see everyday. And because of that, they do not want to introduce themselves in here anymore.
panic selling shouldn't be done at the time when price is loosing or decreasing you should sell it when the price increases beyond your expectation. Otherwise if i do it in my style i would never do panic selling because most probably it occur losses.
It's always best to take advantage of others fears and panic. This is truly the best you can do in days like that if you have the steel nerves.
You can rely call it panic, it is a market cycle, panic is what lead to BTC price dropping because of uncertainly in price, this gives opportunity for one to get good coins at good price
Be greedy when others are panic. That's what I do for trading LoL. Sooner or later, this year will get the highest value of all coins and then back to real value! Join when you guys still in the developing period of market 
Cheers!
Correct, when the big crash of the real estate bubble came many people were desperate for cash and began selling their good stocks this was what drove the panic in wall street if you had the money you could have gotten a lot of good stocks for cheap prices and the same was true for real estate property since people were desperate for cash, so when you see the market going down that is the moment to invest some money. Cheers!
It depends, theres some case that the price in the beginning is high then becoming lower and there is the beginning is low then high in the end. Some people sell because we are not sure if it will lead more profit in long term.
Works only if the panic is unreasoned and no real news. Sometimes there could be serious problems and you end up buying ATH and remain there forever.
I have always belived that if you know how to speculate the panic , you will always win and have some extra profits. But when panic is on the streets , I saw that most of us are gettin panicked too so it's hard to thing straight in those times specially if you have coins.
Your thinking is obviously the truth. That is the time for guys who understand the game to make profit. After the reds, the green will come.
i think newbie traders like me (i still consider myself as newbie) will get panicked everytime our coins went down. what op said and what you said is true in most cases. you can't expect another green candle if the coin is dead.
newbie traders will need to not only learn about it, but experience the ride too, so that they won't do their mistakes again. but still, it is really hard to get the feeling of "this will be fine, let's HODL!" for new traders, even though it is part of the learning process.
Your thinking is obviously the truth. That is the time for guys who understand the game to make profit. After the reds, the green will come.
So true, weak hand panic sell and more for us with those dip order buy.
Sometimes people get panic when they are holding some coins and the value of coins get decrease. Then these people try to sold their tokens in hurry but they don't wait so that these coin may again get higher. So in hurry they sell their coins and faces lose. I will recommend that don't get panic in these situations just wait for the right time to come.
Panic does not lead to profit. Yes it can help you cut low on losses. Most times FUD NEWS are aimed at achieving one purpose, one purpose only, that is price manipulation.
Dont sell based on panic created by FUD NEWS.
Dont sell based on panic created by FUD NEWS.
Real opportunity to invest and make more once the prices bounce back.
Panic leads to loss to some traders as they will release their hold at a loss while same panic makes some other traders profit as the will buy when others are selling and just wait for the re balancing and make some reasonable profit off those that panicked and sold off.
Panic never leads you to profit. If it happened one day, then for sure it was an accident. Usually panic brings only big losses and disappointments. Before coming to crypto, people must learn to turn off emotions.
This sounds like fairly tale because panic is real and can bee seen periodically not only in crypto markets but also in other markets as stock markets.
To answer the original post, I like your extensive explanation. I agree on most but would like to comment that Ripple is very volataile beast, coinbase will give it one last big push soon. Also right now I like BCC because there are a lot of vendors adapting it instead of BTC. And dont forget about LTC, it will triple this year.
About the panic and profits- yes, I totally agree but there is one small thing- you need to have FIAT or USDT in order to take advantage.
And last but not least, I would recommend to take a look at CENTRA this is something which is way better than other similar projects because it actually works and is well made.
Panic never leads you to profit. If it happened one day, then for sure it was an accident. Usually panic brings only big losses and disappointments. Before coming to crypto, people must learn to turn off emotions.
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