Topic: why people panic and selling alts ,they might dont what will happen in next mont - page 2. (Read 580 times)

Well, basically panic selling is something that is done because of fear of worse conditions. They do this to cut losses. This kind of thing happens because they don't believe in the assets they choose. I feel like it often happens to new coins or tokens, or tokens that don't have significant developments. If that happens to popular altcoins, then I feel like they are really stuck in FUD. Well, if they really believe in the assets they choose as investments, they won't sell in a panic. Besides, many of the people who panic sell are beginners in this matter.

Panic selling is just a part of the market which you need to count in too

Well I do think panic selling is 1 of the worse thing we can do as crypto investors. It is not everyday that our financial portfolio will see big gains. If you think about selling when the markets are down then you will lose alot of your investment.

The markets always will go down for a correction. Or if there is some news that did happen for crypto. There is reasons like fud and fomo that will make the price chance. But if we just hodl and do not think of these times to panic sell we will all have big profit for next 'bull run'.

BTC dominance is high now, but profits could flow to altcoins soon, leading to 3x-10x gains for some. Not all coins will perform equally, so do some research first. I would ignore Twitter FUD.

You can earn more bitcoin faster though by trading pairs of whatever/BTC.

It is maybe a pity that according to some recent posts a lot of alts nowadays do not have a pair against bitcoin only against some stupid deliberately losing value forever "stablecoin"...


-MarkM-

And the best asset in this industry for the long term is just Bitcoin that will never fail as long as you have strong conviction and patience.
And besides Bitcoin, I think other crypto or altcoins that do panic selling for various reasons especially their lack of knowledge and experience and they just secure their assets before the loss occurs. But as long as they do the sale in a profitable condition even though in a small amount I think it's okay as long as they don't sell at a big loss and whatever they do will eventually be a valuable lesson that will make them better in the future, and this is the same as us or most people when they are still beginners and also includes the mindset of a get rich quick scheme which is actually not that easy.

That's why others always say that the safest thing to do to keep the risk low is to always hold long-term and not short-term, because usually long-term holdings always win every time a bull run comes, and I've seen and witnessed that many times.

There are also others who have the mindset of a get rich quick scheme, and if you have this mindset, the time and effort you put in will surely be wasted.

Absolutely!

Both sides might go downward in fiat terms for example, but since one is getting more and more and more of both sides that can offset such paper losses by simply ending up with more of both; plus of course it is best anyway not to think in terms of fiat since fiat forever goes downward long term so it is best to think of such times as being times when fiat is overpriced thus simply as bad times to buy fiat. Like anything else fiat is best bought when it is in a dip.

But also there is a lot of responsibility behind this because ultimately one is backing the coins one chooses, over time one becomes more and more of a significant part of the entire buy-side of the coin, which is also why in the Galactic Milieu we have "civilisations" so coins can be adopted by, or tokens created by, civilisations as their own currency that eventually will become supported by the full faith and etc of a civilisation...

Look at how IXCoin has been doing lately on FreiExchange, and the Ixians are thus far only a "family" type clan in the text-mode interface, not yet a full fledged "civilisation"...


-MarkM-

It would work if you are ready to face both sides of the coin once it would do one thing or another  And it should be done very, very responsibly.

Or just place entire columns of offers, so you are already in place to catch any size of up or down movement.

Watch out though that some platforms or even clients only show you or even allow a hundred or few hundred offers, sometimes per account not even per pair.


-MarkM-

The volatile rate can be so high and unpredictable as some traders always stay on alert because no one is aware when it'll pump or dump. Similarly those who are not available when it's dropping would have no opportunity of taking profits. And that could be the last moment in a while for the coin to increase again.

Hence, traders tend to sell instead of losing out completely. Furthermore, holding smaller altcoins can be time consuming and the returns may not be convincing.

Of course and this is a common thing and the worst thing is if you want to try your luck with a new coin, especially a coin that has a lot of 0s. Sometimes if you are lucky enough to enter when the pump occurs, the capital reversal is very fast but it is only temporary and does not last and immediately falls down again quickly.

Psychologically, fear arises if the asset has fallen by 30% or more and that is where indirectly many traders cut losses even coins that were previously considered quite capable fundamentally

Altcoins are highly volatile so it can quickly make a new trader panic. New traders get greedy and choose alts to make quick big profits but when they notice that the coins they bought are going down a lot, they get scared and panic sell the coins with a loss protection plan.

These are more noticeable in newbie traders as they have less experience in trading.  And who finds it very easy to earn money from crypto trading.

Yep you are a friend, the game is not finished and today is a momentum to buy more after making a profit at the end of the previous month and again distributed it for 2025 which is much crazy, although now there are people who lose in the portfolio in my opinion it's better Because market sentiment can turn quickly and we sell in a state of loss.
These few days this is a bullish moment to buy not panic. Dyor

that's what you expect, but the market is not as easy as you think, there is no certainty that bitcoin profit will move to the altcoin market, and that makes the altcoin market condition still uncertain. what they do by selling their altcoins might be the best choice to secure their investment _{(or the worst).}

but I agree that panic selling is a mistake. one must be able to understand how risky their investment is and they must have a risk tolerance for their investment, so they don't sell at the wrong point.

Speaking about panic then it doesnt matter whether you are a newbie or a veteran or old person who do get engaged into this market then it will really be that still the same that there's no way that we can be able to know on what will happen on next months on which its that normal that there's no way to tell on where it will be going in terms of price movement. The thing here is that on the moment that you do have that experience then you do really know or having the idea on what are the things that you've been dealing into on which at the moment or time that you do find up some sudden drops and you arent that prepared for it then you will be having that kind of feeling of panic on which this is something which is really that very common. We do know that if dominance drops then we can be able to see that there's a market shift on which that funds that they have been able to profit in investing into Bitcoin will flow through altcoins then there's indeed that possibility that altcoin investment gains will be that huge but of course it will really be that only possible into those altcoins which does have that potential. In todays trend, then meme coins are already that significant and there were people who are really that considering on dealing with memes because they do want to have that 100-1000x gains on which you will be definitely wanting to dive in with this kind of probability. Experience will be giving out that idea on how you do act out accordingly into this market on different market conditions and trends.

You make a lot of point here. Panic selling is as a result of the holders depending solely on that source to be their only income for expenses which is never like that in the crypto space. Altcoins are the ones that give such quick profit but because of the volatility nature of it also and how it may take more time to fetch you profit depending on the project or may never fetch you profit will determine more how a newbie investor will panic to sell. Almost all social media handles have a similar mechanism of portraying news to panic sell to newbie investors, it is better to confirm news that may tend you to make some quick decisions to your holdings so that you don’t miss out on the big ride.

Alternatively, alt investors should also have other related investments outside the cryptocurrency market, so as to diversify their focus and panic attacks, this helps a vivid practice of your suggestions. What push most people to sell before hand is the reliance on their investment to fetch a quick profits. Which is never the right way to follow any kind of cryptocurrency possession.

The market is generally unpredictable, atleast to the best of my knowledge, it's hard to tell when Alts will rise and when they will fall, I have always believed that the best way to profit from Alts is to select the good and solid ones and invest in them, withdraw the Alts to your private wallet where you have the keys and seed phrase written and saved up somewhere safe and only the investor have access to it, then forget about the Alts and check back years later.

Staying with the market and always looking at the price movement of alts is one of the things that easily drive some investors into Panic selling.

If this is going to be the low dominance of BTC then for sure that it's altcoin season. I don't want to see this or do I want because I've got some coins that have never moved but even so, there's no guarantee that with lesser dominance of Bitcoin they'll also move together with the market. And that's why I prefer more to see Bitcoin moving up instead.

People refer to twitter quickly, some are lucky but mostly don't. Still, DYOR continuously.