Why we shouldnt panic sell - page 3.

alan2here

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Quote from: Sanitough on April 02, 2019, 10:23:19 PM

Quote from: Daboy_Lyle on April 02, 2019, 12:18:18 PM

Yes we don't shouldn't panicking when we are selling or buying. Having that attitude or situation will make you get loss or have a mistake due to panicking. We need to have a relax and peaceful mind to have a successful trade. Many investors on 2017 felt that situation the panic selling and buying. Being a investor or trader should have a patience and have a peaceful sorroundings and mind to be successful.

More at this time, BTC seems to be having it's bull run already.
People might be seeing this as an opportunity to sell for quick profit, or buy and hold and hope the price will rise further.
Regardless, it should be thought well before making a decision.

Perhaps it will maintain the price increase for a long time before a big correction. I think BTC is making investor psychology become more stable and most people are inclined to buy more instead of selling their pennies at cheap rates. This may be the decisive stage for the existence of Cryptocurrency because the market has fallen for more than a year and it is likely this year will decide for new growth.

Sanitough

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Quote from: Daboy_Lyle on April 02, 2019, 12:18:18 PM

Yes we don't shouldn't panicking when we are selling or buying. Having that attitude or situation will make you get loss or have a mistake due to panicking. We need to have a relax and peaceful mind to have a successful trade. Many investors on 2017 felt that situation the panic selling and buying. Being a investor or trader should have a patience and have a peaceful sorroundings and mind to be successful.

More at this time, BTC seems to be having it's bull run already.
People might be seeing this as an opportunity to sell for quick profit, or buy and hold and hope the price will rise further.
Regardless, it should be thought well before making a decision.

Bijikopi

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there are some coins that are still inseparable from certain trends, for example there are now a number of price reductions in altcoins, and conversely the price of bitcoin is increasing.

We do not need to panic because I think this is temporary because of the influence that occurs at Bittrex, after that the market will return to each altcoin destination. If we do not read this pattern, then blind panic will worsen personal speculation.

Daboy_Lyle

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Yes we don't shouldn't panicking when we are selling or buying. Having that attitude or situation will make you get loss or have a mistake due to panicking. We need to have a relax and peaceful mind to have a successful trade. Many investors on 2017 felt that situation the panic selling and buying. Being a investor or trader should have a patience and have a peaceful sorroundings and mind to be successful.

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Quote from: wall101 on April 01, 2019, 07:04:21 AM

For those panic selling are those people in weak hands and can't take for long term as i see its danger to hold also if the market is in bad situation and it will cause a problem for your coin to drop the price.

Aside the FUD news which lead some people to panic sell their holding, what you said about danger in long term holding if the market faces down trend and ones coins price drop is also another reason why some people panic sell either. However, you need to understand that the up and down trend of the market is inevitable and what should the number priority of every crypto traders/investors is selecting the right coin once you do that, you dont need to be bother if the price of the coin drop because it will always come back and even surpass the previous ATH price.

Barbut

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Quote from: sidkz on April 02, 2019, 05:39:58 AM

when you pass through and go to the minus you lose money while your money is in tokens and you keep them, you haven't lost anything,

I personally had cases when I sold and went to the minus, but only in order to purchase other tokens, at a good price.

People buy with dollars, price drops, they sell for dollars, of course they are in minus. Old saying on this forum is `you only lost if you sell`! Now prices are up again, people who hold to their investments or bought some other token like you did are in good profit right now. Its something we all learn with practice, being active here on forum and exchanges.

cryptothreads

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Quote from: wall101 on April 01, 2019, 07:04:21 AM

For those panic selling are those people in weak hands and can't take for long term as i see its danger to hold also if the market is in bad situation and it will cause a problem for your coin to drop the price.

The market falls, everyone's psychology will be very similar and easily sell panic as soon as the opportunity arises. I believe that nothing can be certain about this market because people are still feeling depressed and have not made good decisions in long-term investment. Personally, I have sold many times panicked and faced many financial difficulties but after these lessons, I became better and better in trading.

BlueStackz

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Quote from: Malsetid on March 31, 2019, 10:55:46 PM

it's inevitable that some people will panic when the market takes a steep drop. It's how other people deal with seeing their own losses. And whatever we do, it can't be changed. Some people do well under pressure, some don't. I place myself in the former rather than the latter. Losses are inevitable and the more we accept that, the more we get our emotions out of the way.

Like you rightly said, panic sell is something that will always happen in the market, we will always have newbies and those that are not so good at risk taking, panic sell sometimes can be fun, because it makes trading lively.

It is necessary for some to lose and some to gain, everyone cannot be a winner, it is now left to the trader to choose and be determined to be part of the winner group and try his possible best not to fall prey for panic sell and those who are eagerly waiting to take advantage of their weakness. The only thing I can pray for is that many of investors who panic sell still have little left they can bank on when the market eventually picks up.

sidkz

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when you pass through and go to the minus you lose money while your money is in tokens and you keep them, you haven't lost anything,

I personally had cases when I sold and went to the minus, but only in order to purchase other tokens, at a good price.

Xenrise

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Quote from: St4yInTh3D4rk on March 18, 2019, 07:45:36 AM

Sometimes panic selling can save us too.

I am not a regular trader but I feels panic selling at the beginning of bear run can save lot of capital than waiting for too long for doing trades.

My addition is don't regret about panic selling if the prices didn't fall after you sold your crypto just move on and reinvest on the right coin.

I agree that panic selling could save us also. The market is pretty much a volatile one. We don't know the next move of each trend. What if a person panic sell and after that move he did, the market fell down? He's safe from that fall and at least we can say he save profit.

Naida_BR

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On the contrary of the panic selling, there are the strong panic buyers who are afraid of missing out the train and they buy at such higher prices than they could do from the beginning.
I guess that this target group don't bother us so we would not give them too much attention Grin

futile-resistance

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Quote from: Malsetid on March 31, 2019, 10:55:46 PM

it's inevitable that some people will panic when the market takes a steep drop. It's how other people deal with seeing their own losses. And whatever we do, it can't be changed. Some people do well under pressure, some don't. I place myself in the former rather than the latter. Losses are inevitable and the more we accept that, the more we get our emotions out of the way.

Panic selling is a very unwise decision. People with uncertainty about the market more than certainty follow the panic selling when price falls because they know and understand that the depreciating market value of their coins will result in nothing but failure and more loss of money so they make up their mind to sell their coins out of panic on a price less than the initial price and go away. The opposite is true for the wise rational people.

Panic selling may happen even with professional traders as emotional failures may lead to these types of unwanted ending. Being confident on our strategies may help not to panic hence breaking down along with emotions also will be possible.

cryptothreads

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Quote from: Muzika on April 01, 2019, 07:58:17 AM

Quote from: futureofeth on April 01, 2019, 07:31:23 AM

Panic selling will always make you less amount of money but with little patience, you will make more money because to recover the prices it will take some time but we have to very patient when the market is going down. So after purchasing if the market is going down, it is always good to hold them until the market starts recovering.

it is still depends on the market situation when a person panic sell, there are some situation that the market is at its better price when a person sell immediately because he sees the market will drop soon. In the end it is depends on the market situation after selling what would be the output, sometimes it leads on positive outcome or a negative one.

The market always surprised us and there is no limit to selling or buying. I think we need to be more patient at this time because all altcoin has a chance to increase prices if the market enters a growth phase but if your investment list has a less developed penny most should sell immediately because it is coins that do not give you hope and it will be very difficult for the project to continue to grow.

Muzika

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Quote from: futureofeth on April 01, 2019, 07:31:23 AM

Panic selling will always make you less amount of money but with little patience, you will make more money because to recover the prices it will take some time but we have to very patient when the market is going down. So after purchasing if the market is going down, it is always good to hold them until the market starts recovering.

it is still depends on the market situation when a person panic sell, there are some situation that the market is at its better price when a person sell immediately because he sees the market will drop soon. In the end it is depends on the market situation after selling what would be the output, sometimes it leads on positive outcome or a negative one.

futureofeth

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Panic selling will always make you less amount of money but with little patience, you will make more money because to recover the prices it will take some time but we have to very patient when the market is going down. So after purchasing if the market is going down, it is always good to hold them until the market starts recovering.

wall101

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For those panic selling are those people in weak hands and can't take for long term as i see its danger to hold also if the market is in bad situation and it will cause a problem for your coin to drop the price.

Malsetid

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Quote from: novaprime on March 31, 2019, 10:29:00 PM

Quote from: Rana590 on March 29, 2019, 09:44:21 AM

Panic sell can't bear a good result. For the cryptocurrency, price will be growing today or tomorrow. For this reason we should wait for big pump. Panic sell is harmful for the market.

When the market falls, the sale of panic is inevitable and many other reasons make their psychology easily defeated. I think this year, this will soon be improved when the market shows signs of growth again but it is still not certain because this market is unpredictable and always makes a lot of surprises. In my opinion, keep calm before selling and always consider carefully before investing

Yes i agree, it's inevitable that some people will panic when the market takes a steep drop. It's how other people deal with seeing their own losses. And whatever we do, it can't be changed. Some people do well under pressure, some don't. I place myself in the former rather than the latter. Losses are inevitable and the more we accept that, the more we get our emotions out of the way.

novaprime

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Quote from: Rana590 on March 29, 2019, 09:44:21 AM

Panic sell can't bear a good result. For the cryptocurrency, price will be growing today or tomorrow. For this reason we should wait for big pump. Panic sell is harmful for the market.

When the market falls, the sale of panic is inevitable and many other reasons make their psychology easily defeated. I think this year, this will soon be improved when the market shows signs of growth again but it is still not certain because this market is unpredictable and always makes a lot of surprises. In my opinion, keep calm before selling and always consider carefully before investing

Lpim01

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Quote from: Rana590 on March 29, 2019, 09:44:21 AM

Panic sell can't bear a good result. For the cryptocurrency, price will be growing today or tomorrow. For this reason we should wait for big pump. Panic sell is harmful for the market.

Not really bad to do panic selling if it is a reasonable and in some case of emergency. Actually, it won't affect to the entire market if you are just the one doing this but it happens that some others do the same which resulting into price declines(mostly).
If we do believe that crypto will bring back the summer, and so there is no worries inside but somehow we are tempted to sell because of FUDs and have doubts in our mind.

Shinpako09

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Letting emotion might result into wrong decision. After all this years, still people is doing panic sell and I guess people like this will always be here that we should accept and just manage. They are the ones that always believe in FUD or always getting scared whenever seeing a fall.

Topic: Why we shouldnt panic sell - page 3. (Read 1161 times)