Topic: why people panic and selling alts ,they might dont what will happen in next mont (Read 580 times)

Panic selling is a common thing in crypto and will continue to exist for a long time, I am not really expecting it to change anytime soon, so we can't really make a big change about it anyhow. We need to accept it as it is and can't make a change at any given moment. So, while I agree that it is going to end up being a very crucial moment, we need to also realize that it is going to take a while for people to stop doing that.

I can see how things may change over course of long time, but at the moment we are not there and that's not going to happen. So all in all, I believe we can have some good return with time, just need to focus on how to make a bigger result with time. Ignore those who sell, and keep on buying yourself, we will make a profit.

Go for the assets you want other people to panic sell because you want folks to dump more and more of, cheaper and cheaper and cheaper, onto your column of buy offers.

If you don't actually want them that bad don't waste time on them, move on to something you do actually want.

Once everyone else has done dumping you'll have huge bags of what you want, super-cheap, ready to start building it a really serious buy-side.


-MarkM-

Panic selling is part and parcel of this crypto market, but one thing I believe why it's happening mainly on alt coin is because alt and meme coin falls more than they rise, so they knows very well that it might not recover if it falls too deep, so the panic selling is actually worth it.
Look at all the alt and meme coin that fell, not every one of them respond to Bitcoin upward movement, that shows that alt and meme coin cannot be trusted when holding it for a very long time.

Yeah invested in lots of PEPE coins but sold em over time for various things sady but I'm no panic seller any longer I hodl

Nothing beats up Bitcoin if we do speak about on somehow having that kind of security when we do speak about long term aspect. The main consideration on why people do make out some investment with altcoins is that they could potentially be able to make huge profits and its true that you should be having that kind of prioritization when it comes to profit taking and never tend to look back if ever that coin pumps up even more. It will really be giving out that kind of regret on which on next time which this will really be the main reason on why you would really be that trying to hold some altcoins in your bag on which this is really that a very common approach. So on the moment that you have seen that you are profiting with some altcoins investment then it wont be bad that you will be considering up on converting it into bitcoin on which this is far more worth.

You cant be able to avoid about having some hesitance on investing into altcoins specially if you dont really have the idea on how to check or look on a specific project because we do know that when it comes into this aspect then it would really be just that so hard to determine on which one because if we do consider out on how many altcoin projects in the market then it is really that hard to distinguish on which one will really be able to fly up into the moon. So it will really be something that situational into this aspect on how you would really be doing it.

On the contrary not only a newbie traders that panics and sell their coins, even when an experience happens not to believe in the coin they have they become prone and vulnerable to panic and sell, panicking is the characteristics of a trader while an investors might tend to hold for long based on believe and commitment they have for such coin. However, figuring out an alternative coins that have a holding potential can be very difficult considering the fact that they are so many out there that are liable to be a scam project, picking the right one can be very hard the reason why it is advisable to only put an amount that one can be able to loss.

Shaky hands pave the road for those who are willing to do their analysis and stay strong during the market shake-ups.
And I agree - usually those people are beginners who are too scared to see a bit of red.

Panic selling varies. Sometimes people sell when they see the market is red and are afraid that the price will not go up again. There are also those who are forced to sell because they really need money. Although most of the sellers do it because they see the declining market conditions and are afraid of losing their money. This kind of thing is usually done by beginners who have just entered the world of cryptocurrency investment, especially those influenced by negative news on various social media.

No one is able to predict a coin price correctly, even if someone is an expert. especially just a beginner in the world of crypto trading. In trading, everyone has the right to do whatever they want, in my opinion it is not a panic if the market is going down. Maybe you are panicking and worried about the decline in value in your portfolio.

It’s not just in crypto, there are always beta male, panic sellers in all types of assets. It’s human psychology I guess, kinda like fight or flight. Some people just aren’t wired up to be successful. It’s just the way it is, for every dip buyer you have a seller. Just ensure you are on the right side of this situation. Buy the fear & sell the fomo.

You can worry and sale if you don't trust the cryptocurrency that you're holding, most projects are scams, you don't need to be greedy and hold for long, you can sale, take profit and move on. Most alts are only good to hold for the short term because you don't know if it'll be dead by the time you're waiting for it to hit targeted ATH. But if you're holding a top altcoin there's no need to panic or hurry and sale because we're still expecting altcoins bull season to happen. Bitcoin bull run precedes altcoins bull run and from my speculations Bitcoin has not reached its full potentials in this bull circle so I'd say it's safe to still hold altcoins that you feel that they're reputable.

Due to high price of Bitcoin, its dominance is increasing as peoples trust are also increasing while we have mostly altcoins are not having things which were expected, but many still feel comfortable and keep their eggs safe because things can take changes and surely this could be good for them but newbies which are having not good understanding of market surely started panic selling which give them setback and give good profit to shortcut investors.

If someone able to have good analysis then surely he will go ahead for having his investment secure and try to end with good profit while few having small profits in range, and they started keep selling quickly which are surely not good deal for them even I am also sure in future we will have bitcoin in dominance position because sentiments are favourable for this in long run.

it all depends on the assessment that is done and it shows how much interest they are running, and indeed it is a clear comparison to see, because altcoin and bitcoin will highlight their respective abilities when in the market depending on how we assess it, and people will get out of altcoin and that is the best decision for themselves.

Altcoins are not looking that strong to be fair, most of them at least, and that's why people are usually afraid. The reality is that we are not going to end up with a return that would not be all that simple and because of that I believe we are not going to get a great return as well.

So, this is why I think it's a really good period to have something good in return, we need to be careful about that, and if we can make that happen somehow, then we are going to benefit from it at the same time as well. This isn't a simple solution, but at the same time this isn't something you can change in people. Alts are just not as good looking as bitcoin, they do not look that strong and because of that people get out a lot quicker from alts.

that's what you expect to happen when the BTC dominance just suddenly going up again though.

so many alts are losing their previous gain, people were expecting altseason to be kicking off around Q3 of 2024 but suddenly all those gains went to the drain because BTC dominance bounced back up.
the newbie seeing such thing will definitely panic selling, not to mention if they got some big loss already. it's completely understandable.

however, we don't even know if next month alts could go 3x or more, for all I know, BTC dominance can just keep rising.

Somehow I do agree with you about panic selling being a problematic issue with newbies but however, panic selling is not  an attribute exclusive dto the newbie only even experienced traders FOMO and sell at times. Especially when it's that they had to open a trade with a sum amount that is beyond their risk level they get tense with every market movement in the opposite direction. But when a trader gets to hold the right coin in addition with  using what they can afford to lose then it becomes very easy to hodl and not get panic come what may with market.

Sentiments of people may give a hint on possible direction on where those alts possible heading. And its hard to trust anything of it especially those shitcoins since there's chances that we will be left drained especially if we believe to much on their tokens and decide to hodl it. That's why usually what I do with alts is to sell it immediately once there's a opportunity came and I already gaining some good profits for what I but.

I only hodl bitcoin because this is the only coin that give us good insights that what may possibly came in future. Also adaption is doing good now so people could expect that there are more better things to come with this coin. So if I where the other people still believing on those shitcoins they better dump it and buy bitcoin.

It is easy to cause panic among weak hands and make them exit their positions through rumors and negative news that some influencers may spread widely on social media. They do this to buy the tokens they have at discounts before the big pump, and they cause these investors psychological pressure and fear of loss when they find that the token they hold is in a correction phase or a price drop.

If the investor has invested in these altcoins, what he can lose in the long term, and has not relied on them as a primary source of expenses, he will indeed be more balanced in his decisions. Indeed, whoever owns investments that he believes in their future and trusts will not be affected by panic selling because he will be convinced that his investments will bring him profits as the market recovers and prices rise again.

There are many considerations in that direction in predicting coins/tokens, because it is difficult for us to predict the market accurately even though social media provides an overview of the direction it is headed in the future, but crypto assets have a different side to always run, by looking at the market momentum that is happening at this time, of course, seeing the investors behind it can also determine the direction we are heading.

All you need to know about where your coins/tokens are heading and when they have started heading there lies in your analysis and your head (instinct). We should rely on them rather than on social media which can cause confusion and mistakes as we even read conflicting stories by different authors and influencers.

As for the FUD in the market and your possible plan, I support you a little, but we should not emphatically preach what the market Will do but what the market Might do. Above all, let our charts guide us.