Topic: why people panic and selling alts ,they might dont what will happen in next mont (Read 622 times)

Don’t expect every coin to do 3x-10x, don’t be surprised that even when the bull run starts and other altcoins are pumping, some altcoins will be dumping, and some won’t even do 2x. So when investing in altcoins, we should do our research well and not just invest in shitcoins, because you might be at a loss even when other people are in profit in other coins, always make sure you invest in strong altcoins, don’t just invest in a coin just because you see people talking about it, always make sure you do your own research to see if the coin is really worth investing in, don’t invest blindly.

Not only newbies don’t now what will happen next month, but I'm sure nobody knows what’s going to happen, everyone is just making predictions, and our prediction might be wrong. No one is sure what’s actually going to happen, if people know what is going to happen, then no one will be losing money.

Most people that do panic and sell are newbies, and most of them do end up listening to people on social media, since they are newbies, and they don’t know how things are done, they don’t also want to lose money, they will end up selling. People that have been in the crypto space for some time shouldn’t be disturbed when bitcoin is dumping, they should know it’s going to bounce back, the dump gives us the opportunity to buy at a cheaper price.

Therefore, it is very necessary for someone who wants to enter the world of investment, especially beginners, to first have sufficient knowledge so as not to be shaken when seeing the market situation when experiencing major shocks so as not to experience major losses.

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.

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.

I don’t think the game is over yet. As Bitcoin cools down, the same thing tends to happen with altcoins. I believe Bitcoin needs to have another bull run for the altcoin season to trigger. In my opinion, altcoin season hasn’t arrived yet. While the market is somewhat bullish, that’s more due to market sentiment. It’s normal for altcoins to rise when Bitcoin is bullish, but altcoin season means a big portion of altcoins will turn bullish, and we’ll likely see some crazy pumps.

Some people sell not just because others are selling when the market is showing a sign of weakness, but they sell because the price has touched their stop-loss level, which they will not want to incur more loss compared to what it might turn out to be if the price drops below that level, and some altcoins immediately start dropping that way they drop to some point that even in the next 1 year they might not be able to reach the ATH again or even the price the person purchased the coin at, so there is no harm in playing it safe.

Yes, because no one knows the future, so many have lost their confidence to keep holding Oelh so this is very natural that it will invite fear especially when it has been heard by FUD and contains the price of coins in the market loss of more than 10% will increase to 20%, we don't Forgotten under the cycle of many new retail investors and they do not understand how to adapt to the Crypto market, they will be easy to fomo and will be easy to fear, their mentality is tested here when the volatility of crypto prices is very fluctuating.

But for me personally Altseason has not begun perfectly, and the correction occurred very naturally after we received a significant increase in November.

If we are talking about the meme coins, yes. But if we are talking about the alts like Ethereum, I won't say that they are so risky. I heard that alt season have begun already last time, so that can be another reason on why people are now dumping their altcoins. This is much better than the other way around.

The recovery of the alts like ETH is not questionable, this is why I said earlier that selling at the alt season is much better than selling when the price is going down because we can just continue hodling and wait for the recovery to continue earning better. Entertaining the hype is fine because that can motivate us to continue doing what we already started.

Altcoins is so risky and I understand the decision made by other people to dump it since with this they can minimize their losses and potentially they can buy again those coins or tokens at the Dip. Sometimes holding those coins doesn't makes since since there are lots of rug pull schemes happening in altcoin scene that's why its more better to sell their altcoins when they are already gaining so that there's no regret feeling when there's a sudden dump will came. Recovery is somehow questionable that's why we need to act fast and don't entertain any hype around since its better to secure our profits rather than becoming a long term bag holder since this is waste of time and money.

it is very influential especially for beginners who certainly do not have experience in altcoins, it becomes a thought and they are afraid of losing the money in it, and become tense when the decline occurs, in the performance of these coins, it is a common thing that will definitely happen in the market, it is necessary to learn about all of that.

If referring to altcoins in general I will advice they sell so they don’t face lose, if only op could keep this advice personal and continue investing if by any chance the coin hit high that’s your gain likewise a decline still your lose. Newbies don’t know when to buy and sell also it’s common for a newbie to panic and it might result to selling, the issue with bitcoin price and prediction still remain high. Positively bitcoin hitting $100k and beyond pull out more crowd also what more benefit will altcoins offer if not now? After the market price face a decline what exactly will happen no one knows despite the analysis people give concerning altcoins market, no doubt investor holding now will benefit compared to early sellers still depends on the coin.

Yeah, the market’s been rough lately, and BTC dominance being this high shows most of the money is parked in Bitcoin for now. But you're right—once BTC stabilizes and people take profits, the flow to altcoins usually kicks in. That’s when we could see some solid gains in alts, especially strong projects, but it’s key to remember not all of them will moon.

Newbies often chase the hype and sell in panic, which just feeds the cycle. As for Twitter—definitely a double-edged sword. Good for info, but the fear and FOMO there can mess with your head. Best to have your own plan and stick to it instead of reacting to every tweet.

I totally agree with what you said, the Target for Take Profit is very important if you want to survive and don't want to lose your money for nothing. besides, with the target you set, your psychology will not be disturbed and provide comfort without having to look at the chart continuously.

I think, anyone making investment into altcoins should at least have a target price which they would want to sell off, so that if price reaches their desired target they will not hesitate to sell or sell some part of their holding to take their first profit. Some of them will continue to hold till price reach a high and start dropping, that's when they will have panic to sell.

Having a proper selling target will not make people (especially newbies) to sell out of panic. Secondly, there are so many altcoins that are not meant to be held as long term investment because you don't know what could become of the project in the future.

A strong mind means strong hands.
Newbies don't have either usually - and they become prey for the market, unfortunately.
They just need to learn more and keep it up.

Honestly, it's normal and I do not think that we are going to end up with any issues for the long term anyhow, it feels as if we are dealing with something that is just how the market moves, sometimes it moves up and great, sometimes it moves down and not so great, hence we should be feeling alright about it and not really be worried about it at all.

I can see why people may consider this to be a great period to buy as well, because it allows us to get a much better result, it makes it much more interesting as well. I believe the greatest situation to be in is to just focus on how to get greater results as well, would allow us to get a much better profit if we could invest right now and could wait until it recovers.

There are many reasons that make them do that, basically they don't have a Trading Plan, they think that they will be finished if they don't sell immediately, lol. although Good News and Bad News that cause prices to fall are common, i believe most of the panic are newbies who have just entered the market.

All these panic are as a result of lacking trust in the project they invested in, and they are right to panic if they don’t trust the project and the market is bearish because some of these coins can never get back to their current price if the bear market start, only strong and reliable projects do trace back and makes another reasonable move.

Always buy altcoins you have made research on, make sure you are convinced about the project and always use the amount you can afford to lose to avoid panic to sell just because you want money so that you can wait to hit your target for maximum profit.
Also avoid FOMO.

It’s hard to expect altcoins to rally when Bitcoin is dumping. Maybe if Bitcoin gets stuck between $90k and $100k, struggling to break out, investors might shift their focus to altcoins. But that hasn’t really happened in past trends, so it’s tough to predict.

For me, the safer strategy is to stick with Bitcoin, either hold it or convert to stablecoins if you’re not confident it will rise. Investing in altcoins could bring positive results, sure, but the downside risk is much worse. It’s a gamble that not everyone can handle.

Why? Its because they are afraid to lose their money. They don't care about those possibilities since what those panic seller think is to secure their money and avoid losing to much from current situation. If these people would just learn to have patience also make theirselves became knowledgeable on each market movement for sure that this panic situation will not happen to them and they can fully assess what's best thing to do if there's certain dumping situation happens.

Hopefully they could bump those threads or other discussion about buying at the dip then hodl their bitcoin thing since for sure that they can learn more information about what best thing to do with their investment.

For a trader or market-maker though volatility is earnings, it has been maybe 24 hours or more now that BTC/XLM has stayed stuck between my lowest sell offer and my highest buy offer, yuck, when it moves I profit in XLM on cheaper-in-bitcoins XLM or profit in BTC on cheaper-in-XLM bitcoins; when it annoyingly hovers that is just boring and useless.

I want more XLM to continue building buy-side offers on the Stellar platform or more BTC to strengthen my BTC/XLM buy-side and eventually to thin out a little to take home some profits...


-MarkM-

Panic selling is one side of what actual traders and market-makers want, the other half of course being skyrockets.

Panic selling means more and more people selling to your buy offers at lower and lower and lower prices, yum yum yum!


-MarkM-

Now BTC dominance at range of 55-60%. last 2 weeks gone bloody red. i saw panic selling most are.  In coming months BTC profits should come to alts and BTC dominance can be lower 35%. so alt coins prices will 3x-10X from current price.

keep in mind all the coins not perform in same way.

most of the newbies, dont know what is going to happen in next months.

If you refer twitter , you get panic quickly.