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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Denreal on October 03, 2018, 11:42:18 AM



Title: Reasons you should avoid selling out of panic
Post by: Denreal on October 03, 2018, 11:42:18 AM
One of the peculiar attributes of most crypto enthusiasts is selling out of panic. Whenever this happens, it is accompanied by some flaws and setbacks. Reasons why you should avoid selling out of panic are:

1. Dump in price - Sometimes, it does not affect the price of the coin you are dumping alone, it can also affect the general market prices coins, most especially when there is massive dump of prominent coins such as, bitcoin, ethereum and so on.

2. Loss of Investment - you are likely going to loose your investment, because most times, when you panic sell, you sell at lower prices than required. Your profit might be affected, so also your invested capital.

3. Attack on blockchain technology - it might call on attacks on blockchain technology from different quarters. You begin to see people spread more negative news about blockchain and cryptocurrency. For instance, people may begin to talk of crash, scam and so on.

4. Emotional Imbalance: panic alongside the accompanying losses might lead to emotional imbalance in some investors and afterwards the resulting effect on health, such as hypertension and other health implications.

Some people attribute FUDs and perhaps regulations to most of these flaws, which are not. Even though there are FUDs being spread, if we do not panic, the crypto space will be a safe haven for investment.
How many proposed regulations these days have really been implemented? So, why are we bothering ourselves? Some countries such as China, that even succeeded in some of their regulations, does not seem to avoid the crypto world in entirety.

Those who cause panic mainly know that most people cannot control it. Which is why those who take advantage of it, use it as a weapon in the crypto space for their gains.

Note:
I am not telling you not to sell whenever you notice there is going to be bearish market, but take your time to relax and think about it, make your calculations and if you are sure there will be bearish market, sell and buy back when you are also sure it is low enough.

https://i.imgur.com/ovsTPW7.jpg


Title: Re: Reasons you should avoid selling out of panic
Post by: CryptoDamon on October 03, 2018, 11:55:06 AM
Sometimes we let our emotions cloud our judgement. Those people who do panic selling are emotional investors that are too scared or who doesn't really understand how volatile crypto market is. The best thing to eliminate stress and depression when it comes to investments is that you should set goals and limitations for every amount of money that you are going to commit of losing. Investing in a volatile market like crypto is like gambling. The higher risk that you want to deal with the higher your reward.

https://i.imgur.com/VBA4U2f.png


Title: Re: Reasons you should avoid selling out of panic
Post by: Razick on October 05, 2018, 12:15:12 PM
All valid reasons to avoid selling out of panic. a lot of people seem to fall into the path of selling their coins out of panic when they see the price just go down a little bit, I always think to myself how they are going to regret selling their coins for such low prices when the coins start doing better. The best option is to always hold and wait out the bear market.


Title: Re: Reasons you should avoid selling out of panic
Post by: Blackhammer321 on October 05, 2018, 12:17:23 PM
All valid reasons to avoid selling out of panic. a lot of people seem to fall into the path of selling their coins out of panic when they see the price just go down a little bit, I always think to myself how they are going to regret selling their coins for such low prices when the coins start doing better. The best option is to always hold and wait out the bear market.

This is so true. During the market dump, we should wait for the bullish market to earn profit. Kt is not a wise decision to sell coins when the market is down. This will disappoint you abd regret the decision you made rather wait and see when the market rise, then this is the perfect time to sell.


Title: Re: Reasons you should avoid selling out of panic
Post by: Eleven86 on October 05, 2018, 12:25:49 PM
People get scared if the market value drops and start selling for low money without profit. This is insane, ups and downs in trading are common. Selling in hurry too will impact the market value, we need to want for bullish market if you need good profit.


Title: Re: Reasons you should avoid selling out of panic
Post by: e@symode on October 05, 2018, 12:30:30 PM
Yes, all these reasons are definitely considered correct and this is a very useful post. I think that in general we today can rely very heavily on the many guides that we can find in this forum.


Title: Re: Reasons you should avoid selling out of panic
Post by: OluwaTosin10 on October 05, 2018, 12:43:09 PM
For me I think it is very good if people sell out of panic
Why ?

If they don’t panic sell, how can we buy so cheap ??
If they don’t sell in a rush, we can’t get more fun and red candles to buy

So I encourage everyone to do as they seem pleased 


Title: Re: Reasons you should avoid selling out of panic
Post by: binhvo1505 on October 05, 2018, 12:45:44 PM
It depends on each person's thinking and each strategy is different. There are many people who just want to make a little money during the day and they put a loss order close to the price they bought. And that's a good way. But we need to know when to sell and when not. Holding is not a good option, we need flexibility.


Title: Re: Reasons you should avoid selling out of panic
Post by: lifesgood10 on October 05, 2018, 12:51:19 PM
For me I think it is very good if people sell out of panic
Why ?

If they don’t panic sell, how can we buy so cheap ??

This is the most favorite part of the gist
Everyone individual has the right to choose whatever they want for their self
And trading depends on the intellectual knowledge of each token Hodler

The more you learn, the more you know, the more your experiences
So always do your own research and learn from your panics


Title: Re: Reasons you should avoid selling out of panic
Post by: pallang on October 05, 2018, 01:12:44 PM
Everyone has its own opinion regarding panic selling of their coins maybe because they see that price of their coins is slowly going down and have the feeling that in the future it will be in it's lowest value and this cause panic on their side so they sold it without knowing that maybe in the future it will cost double its price.


Title: Re: Reasons you should avoid selling out of panic
Post by: cryptosmoker on October 05, 2018, 01:43:46 PM
I think, this is a good suggestion because there are still many people who are doing any transaction in panic then regret after that.  Although we've been here in a long time, sometimes our emotion becomes unstable when we hear any bad news. It means that we have to repair our way in controlling our emotion so we will regret nothing then.


Title: Re: Reasons you should avoid selling out of panic
Post by: Chainsmokers on October 05, 2018, 03:09:27 PM
interesting advice. many sell their assets because they fear what they will lose if they don't sell them immediately. I think it's just an unmanageable panic and decide a decision that is too hasty. calm needs to be improved in the face of the current market situation. the advice that you give is very good and useful for others to stay calm and don't panic.


Title: Re: Reasons you should avoid selling out of panic
Post by: WalkerIVIV on October 05, 2018, 03:11:56 PM
OP doesn't even understand what will be happened if he was buying it at peak price and then it goes to the bottom. and you have no money in your wallet to buy more and more again. It's not true because in fact that will be effective to follow what has been doing by the whales.
Sell when it reaches peak price and then buy again when it will have reached the bottom price.


Title: Re: Reasons you should avoid selling out of panic
Post by: royaljack200 on October 05, 2018, 03:19:47 PM
Most people who sell in panic, regret it. It's not rocket science in those cases. Especially with bitcoin, I would hold. Panic selling would just cause you to lose money. I guess it cant be helped when you see that you are loosing all your initial investment.


Title: Re: Reasons you should avoid selling out of panic
Post by: masphie on October 05, 2018, 03:31:20 PM
if we have crypto asset from money loan, maybe we have to panic hahahaha
But, if this money come from bank savings... i think we have to calm down ^^


Title: Re: Reasons you should avoid selling out of panic
Post by: mariogomer on October 05, 2018, 03:55:45 PM
It's stupid to make a panic sale. At the moment the market is very low. The bull will come soon and the losses will be compensated.


Title: Re: Reasons you should avoid selling out of panic
Post by: Symptomatic on October 05, 2018, 08:50:18 PM
One is advised not to sell their cryptos out of panic. This will create a number of problems like, devaluation of the crypto and mental imbalances. This affects everyone in the long run.


Title: Re: Reasons you should avoid selling out of panic
Post by: qazgroup on October 05, 2018, 08:53:32 PM
Classic example can be taken from eth, last year too eth crashed to below $200 the people who panic sold at that time were definitely biggest loosers while wise people were accumulating, we all know that after hitting the lows eth took a reversal and then grew to new all.time highs of around 1400, this bull season can also be expected to be the same infact bigger than last year.


Title: Re: Reasons you should avoid selling out of panic
Post by: Micronometer on October 05, 2018, 09:35:46 PM
The topic covered it all. Although fear and emotions controls different aspects of our life, it is advised to keep it refrain from crypto investments. Panic sells is a way only to loose investments.


Title: Re: Reasons you should avoid selling out of panic
Post by: Inastran on October 05, 2018, 10:06:50 PM
One of the peculiar attributes of most crypto enthusiasts is selling out of panic. Whenever this happens, it is accompanied by some flaws and setbacks. Reasons why you should avoid selling out of panic are:

1. Dump in price - Sometimes, it does not affect the price of the coin you are dumping alone, it can also affect the general market prices coins, most especially when there is massive dump of prominent coins such as, bitcoin, ethereum and so on.

2. Loss of Investment - you are likely going to loose your investment, because most times, when you panic sell, you sell at lower prices than required. Your profit might be affected, so also your invested capital.

3. Attack on blockchain technology - it might call on attacks on blockchain technology from different quarters. You begin to see people spread more negative news about blockchain and cryptocurrency. For instance, people may begin to talk of crash, scam and so on.

4. Emotional Imbalance: panic alongside the accompanying losses might lead to emotional imbalance in some investors and afterwards the resulting effect on health, such as hypertension and other health implications.

Some people attribute FUDs and perhaps regulations to most of these flaws, which are not. Even though there are FUDs being spread, if we do not panic, the crypto space will be a safe haven for investment.
How many proposed regulations these days have really been implemented? So, why are we bothering ourselves? Some countries such as China, that even succeeded in some of their regulations, does not seem to avoid the crypto world in entirety.

Those who cause panic mainly know that most people cannot control it. Which is why those who take advantage of it, use it as a weapon in the crypto space for their gains.

Note:
I am not telling you not to sell whenever you notice there is going to be bearish market, but take your time to relax and think about it, make your calculations and if you are sure there will be bearish market, sell and buy back when you are also sure it is low enough.

https://i.imgur.com/ovsTPW7.jpg

in my opinion there is onlynone reason why youmshould not do it and it is because hou will lose your money and time in vain


Title: Re: Reasons you should avoid selling out of panic
Post by: blackhawkeye1912 on October 05, 2018, 10:10:48 PM
Replace EMOTIONS with TRUST, then you'll be very positive about the market. Remember to be bullish with the trusted coins. Down market is normal with these kinds of coins, these coins will sure go up in the future. Its technology will be responsible for its success not based on speculations.


Title: Re: Reasons you should avoid selling out of panic
Post by: drmasa on October 05, 2018, 10:20:51 PM
I think it's always better to be bagholder than panic seller! I lost a lot of money panic selling and not the only one, and you are not in loss until you sell!


Title: Re: Reasons you should avoid selling out of panic
Post by: raven.tiu17 on October 05, 2018, 10:24:55 PM
If you are aware enough of the future of money you will buy more cryptos. Given that the price is stable at 6500 usd. Then suddenly it drops 6300 are you afraid that you're loosimg ur money? I think no. So if you're an intelligent person you shouldn't sell anything.


Title: Re: Reasons you should avoid selling out of panic
Post by: EdenHazard on October 05, 2018, 10:34:02 PM
It's stupid to make a panic sale. At the moment the market is very low. The bull will come soon and the losses will be compensated.
How do you believe cryptocurrency will bull run? and why does a panic always have a negative image? You make conclusions too quickly cause no one will know where the price of cryptocurrency will move, might up or might down. An expert price cryptocurrency will reach $ ... and blubbering, but does that happen? not yet, it was just speculation. And for someone who did panic selling and he/she will have a negative image by everyone, I think that is not an essential truth. Everyone has their own strategies, he/she will buy or sell it's up to them, because they know the consequences they will get afterwards.


Title: Re: Reasons you should avoid selling out of panic
Post by: maaldaz on October 05, 2018, 10:36:16 PM
Making decision based on panic situation is always end up getting worst result. not just in cryptocurrency, even in our life that will also giving an awful result. so i'll keep trying to make a decision when i've got my sense.


Title: Re: Reasons you should avoid selling out of panic
Post by: Gabah56 on October 05, 2018, 10:38:34 PM
if I'm just the opposite, bro. I am very happy if there are people who sell their coins in panic. By using such a situation, I can get a substantial profit, bro ..


Title: Re: Reasons you should avoid selling out of panic
Post by: batang_bitcoin on October 05, 2018, 10:40:21 PM
I should call those crypto investors as wise traders. Even not a pro can do all of those things but the factors are correct.

if I'm just the opposite, bro. I am very happy if there are people who sell their coins in panic. By using such a situation, I can get a substantial profit, bro ..
I'm not happy seeing the misfortune of others and is being caught up with their feelings. Though this market turns like that but its a cycle and we can't control their decisions if ever they are in panic. I'd love to see them learn the tips and educate themselves as well while staying here.


Title: Re: Reasons you should avoid selling out of panic
Post by: Wellyan on October 05, 2018, 10:44:25 PM
no need to panic and have to sell it right away because currently the market is still low, if you don't want to lose money you should just save it first, don't try to sell it, wait until it gets better and sell it


Title: Re: Reasons you should avoid selling out of panic
Post by: crenfrosck on October 05, 2018, 11:09:50 PM
Many investors came here with literally zero experience from stocks etc. They are fully responsible for their actions, but they are very rarely influenced by their logic. Emotions are not that easy to handle when you do not know what do you really expect from your investment in the first place. Well, most of the people learn on their mistakes for their whole life and trading is not an exception. No one should invest more than they can afford to lose. If you deem it as an experiment or a hobby, you are most likely going to be in a better position than someone who is trying to make the gamble of their life. I know that people are trying to make a living from it, but let's be honest, how many of them are really successful? It is a zero-sum game and if you are not capable to understand it, you are going to lose it sooner or later.


Title: Re: Reasons you should avoid selling out of panic
Post by: Pasaway2701 on October 05, 2018, 11:20:18 PM
For me I think it is very good if people sell out of panic
Why ?

If they don’t panic sell, how can we buy so cheap ??
If they don’t sell in a rush, we can’t get more fun and red candles to buy

So I encourage everyone to do as they seem pleased 
Panic sellers are what the old investors waiting for to dump the price on the market and buy cheap. Many are getting opportunity towards it while others are losing from it. When there is no panic sellers, there will be no change in value and long term investment is not so good but trading do because they could gain even small profit. We should give thanks to those who open an opportunity to others.


Title: Re: Reasons you should avoid selling out of panic
Post by: veroku on October 05, 2018, 11:36:00 PM
Never and in any business you should give in panicheskiy mood. And furthermore to make transactions, to sell or buy in such state. In hundred percent from hundred - you will make not correct decisions. Recover, and then already decide what to do.


Title: Re: Reasons you should avoid selling out of panic
Post by: Ravenangel on October 05, 2018, 11:37:55 PM
Absolutely true, people forget that this is an investment like any other, and as we have seen in hundreds of examples we always have to think with a cold head when it comes down to money, emotions are good for many aspects of life, but not to handle money because they are almost always wrong, the best thing we can do as investors is to analyze the information we have and take action from there.


Title: Re: Reasons you should avoid selling out of panic
Post by: Thinkable999 on October 06, 2018, 07:53:21 AM
Panic sell won't bring you any good.If you want get your money back with profit you must not panic.Rather keep calm and wait for the right moment.


Title: Re: Reasons you should avoid selling out of panic
Post by: btcluisdiki on October 06, 2018, 08:15:24 AM
Before taking part of any investment, you should have done the necessary options for consideration like doing a research about that particular crypto coin or an ICO token. Once you made up your mind, then go for it and I would suggest that in times of bearish market, don't let your emotions over run your decision making instead decide  base on your analysis of the current market condition and most importantly, do not do panic selling since it will just ruin the purpose of your investment.


Title: Re: Reasons you should avoid selling out of panic
Post by: BitcoinHodler on October 06, 2018, 08:24:14 AM
a very good point here but also we should not forget about a different group of people who do the opposite extreme case of this suggestion meaning they hold on to whatever they have out of confusion and lack of understanding. not selling is not always a good option. you sometimes need to sell to prevent big losses that can take away all of your money. bag holding is never a good idea.


Title: Re: Reasons you should avoid selling out of panic
Post by: CryptoBry on October 06, 2018, 08:30:05 AM


The cryptocurrency market is made up of so many people who do not have any experience with the world of investing whatsoever as cryptocurrency is democratizing access for all people anywhere...and this is good news but the side-effect is that inexperienced people can easily be swayed by emotions especially if they are watching the news which can be negative and sadly this kind of sentiment is affecting the general condition of the market. When people are panicking the market can be down but of course this can be the best opportunity to pick up good coins and tokens which really have a long-term potential. However, this should not be applied to shitcoin or worse scam project which really do not have any future no matter what.



Title: Re: Reasons you should avoid selling out of panic
Post by: signup01 on October 06, 2018, 08:34:04 AM
All valid reasons to avoid selling out of panic. a lot of people seem to fall into the path of selling their coins out of panic when they see the price just go down a little bit, I always think to myself how they are going to regret selling their coins for such low prices when the coins start doing better. The best option is to always hold and wait out the bear market.
only investors who do not understand and know all the risks that will be gained in investing and the confidence and patience that investors do not have panic and fear in investing


Title: Re: Reasons you should avoid selling out of panic
Post by: Bitcoincole on October 06, 2018, 08:44:57 AM
Panic in any ways and in any situation does not bring any good for it hinders your brain to come up with good and wise decisions.In cryptocurrency ,panic selling won't do any good to both the coin holder and the rest of the community for it triggers more dump on the price.Emotions must be set aside in order to progress in this field of industry.


Title: Re: Reasons you should avoid selling out of panic
Post by: criket on October 06, 2018, 08:48:28 AM
the reason why I don't panic about the crypto market now is that I think that trust is full of crypto. because that trust can make us calm if we see the crypto market moving down. surely we as holders will still think the market will rise again, we will not lose our money. I think it's already enough to make us calm and not panic when the market goes down.


Title: Re: Reasons you should avoid selling out of panic
Post by: babarian on October 06, 2018, 08:54:36 AM
if you make a sale when you panic then you will not think about the profit or loss that you will get you will not think rationally, but you think using your emotions.


Title: Re: Reasons you should avoid selling out of panic
Post by: SuiMikira on October 06, 2018, 09:06:33 AM
Trade what you see not what you think. You think, you scare, you panic, you sell, you lose. Some traders only focus at their balances and they get scared when it decreases, at this time, they let their emotions control their brain and sell in panic, that's why they lose.


Title: Re: Reasons you should avoid selling out of panic
Post by: rosezionjohn on October 06, 2018, 09:53:53 AM
I do not know but by saying panic selling of crypto enthusiasts is incorrect. Majority of those who sell are mostly new in the market and not really crypto enthusiasts.


Title: Re: Reasons you should avoid selling out of panic
Post by: dadisde on October 06, 2018, 09:58:08 AM
Great post! Thank you very much for writing this. I hope it would help a lot of people to understand, that the bearish market is also an opportunity to gain more profits! Just buy deep and believe in crypto currencies.


Title: Re: Reasons you should avoid selling out of panic
Post by: Enzos on October 06, 2018, 10:00:13 AM
Yes, that's it. Panic selling is very unfriendly for all small investors. When the market starts to spread panic, the most vulnerable to these is the retail investors, because many of them are actually just Speculators, even people who know nothing about the risks of this market. Therefore, such investors should indeed have more understanding of the market and more understanding of trading technology.


Title: Re: Reasons you should avoid selling out of panic
Post by: shinjo on October 06, 2018, 10:20:15 AM
I sold coins several times when they fell sharply in price. I think that in some situations it is quite justified. I think it depends on the situation, because sometimes coins do not recover  in price.


Title: Re: Reasons you should avoid selling out of panic
Post by: keepandhold on October 06, 2018, 11:54:25 AM
One of the peculiar attributes of most crypto enthusiasts is selling out of panic. Whenever this happens, it is accompanied by some flaws and setbacks. Reasons why you should avoid selling out of panic are:

1. Dump in price - Sometimes, it does not affect the price of the coin you are dumping alone, it can also affect the general market prices coins, most especially when there is massive dump of prominent coins such as, bitcoin, ethereum and so on.

2. Loss of Investment - you are likely going to loose your investment, because most times, when you panic sell, you sell at lower prices than required. Your profit might be affected, so also your invested capital.

3. Attack on blockchain technology - it might call on attacks on blockchain technology from different quarters. You begin to see people spread more negative news about blockchain and cryptocurrency. For instance, people may begin to talk of crash, scam and so on.

4. Emotional Imbalance: panic alongside the accompanying losses might lead to emotional imbalance in some investors and afterwards the resulting effect on health, such as hypertension and other health implications.

Some people attribute FUDs and perhaps regulations to most of these flaws, which are not. Even though there are FUDs being spread, if we do not panic, the crypto space will be a safe haven for investment.
How many proposed regulations these days have really been implemented? So, why are we bothering ourselves? Some countries such as China, that even succeeded in some of their regulations, does not seem to avoid the crypto world in entirety.

Those who cause panic mainly know that most people cannot control it. Which is why those who take advantage of it, use it as a weapon in the crypto space for their gains.

Note:
I am not telling you not to sell whenever you notice there is going to be bearish market, but take your time to relax and think about it, make your calculations and if you are sure there will be bearish market, sell and buy back when you are also sure it is low enough.

https://i.imgur.com/ovsTPW7.jpg

I don’t sell anything because I’m a long-term investor, I don’t care what happens with prices this year, I’ll check my portfolio in a couple of years  ;D


Title: Re: Reasons you should avoid selling out of panic
Post by: novaprime on October 06, 2018, 11:59:08 AM
Yes, that's it. Panic selling is very unfriendly for all small investors. When the market starts to spread panic, the most vulnerable to these is the retail investors, because many of them are actually just Speculators, even people who know nothing about the risks of this market. Therefore, such investors should indeed have more understanding of the market and more understanding of trading technology.
Most people only care about profit and only 20% are really interested in this market. I think Blockchain technology is being used a lot in the world and this is a very good opportunity for people to invest now because I'm sure the uptrend period will happen soon and people just need to wait


Title: Re: Reasons you should avoid selling out of panic
Post by: Maricurijohn on October 06, 2018, 02:10:32 PM
If we panic we will not sell the price as expected and we will not be wise in choosing the next penny to invest, so I think we should consider before giving a Extremely good solution to avoid regret


Title: Re: Reasons you should avoid selling out of panic
Post by: gorodi on October 06, 2018, 04:43:35 PM
the reason why I don't panic about the crypto market now is that I think that trust is full of crypto. because that trust can make us calm if we see the crypto market moving down. surely we as holders will still think the market will rise again, we will not lose our money. I think it's already enough to make us calm and not panic when the market goes down.

The cryptocurrency market is very large and as in any market there are people who want to make money on any changes. Cryptocurrency is similar to the real estate market, it is very difficult to guess the value for tomorrow. Either way, it's a game. Analysts advise not to panic, in any case, BTC will grow in price, the main thing is to be patient.


Title: Re: Reasons you should avoid selling out of panic
Post by: JeffreyElvis on October 06, 2018, 04:44:42 PM
One of the peculiar attributes of most crypto enthusiasts is selling out of panic. Whenever this happens, it is accompanied by some flaws and setbacks. Reasons why you should avoid selling out of panic are:

1. Dump in price - Sometimes, it does not affect the price of the coin you are dumping alone, it can also affect the general market prices coins, most especially when there is massive dump of prominent coins such as, bitcoin, ethereum and so on.

2. Loss of Investment - you are likely going to loose your investment, because most times, when you panic sell, you sell at lower prices than required. Your profit might be affected, so also your invested capital.

3. Attack on blockchain technology - it might call on attacks on blockchain technology from different quarters. You begin to see people spread more negative news about blockchain and cryptocurrency. For instance, people may begin to talk of crash, scam and so on.

4. Emotional Imbalance: panic alongside the accompanying losses might lead to emotional imbalance in some investors and afterwards the resulting effect on health, such as hypertension and other health implications.

Some people attribute FUDs and perhaps regulations to most of these flaws, which are not. Even though there are FUDs being spread, if we do not panic, the crypto space will be a safe haven for investment.
How many proposed regulations these days have really been implemented? So, why are we bothering ourselves? Some countries such as China, that even succeeded in some of their regulations, does not seem to avoid the crypto world in entirety.

Those who cause panic mainly know that most people cannot control it. Which is why those who take advantage of it, use it as a weapon in the crypto space for their gains.

Note:
I am not telling you not to sell whenever you notice there is going to be bearish market, but take your time to relax and think about it, make your calculations and if you are sure there will be bearish market, sell and buy back when you are also sure it is low enough.

https://i.imgur.com/ovsTPW7.jpg

One should never ever sell in panic. It is the worst decision to be honest. We should make sure that our coins are good enough for investment. I have PRG, XRP and EOS and I am not selling them because I know they will rise in some time.


Title: Re: Reasons you should avoid selling out of panic
Post by: miyaka26 on October 06, 2018, 04:52:12 PM
First point it depends on the value of the crypto that you are dumping relevant to the number of people who are doing it constantly common one is from a newly released token to exchanges and the campaign have a big pool for bounty hunters, Second one it depends on the crypto that you have invested in, there are instances that you need to set stop loss in order to prevent further damage to your capital, number near to the word fud that influences the point number four.


Title: Re: Reasons you should avoid selling out of panic
Post by: xuv500 on October 06, 2018, 05:01:18 PM
I sold coins several times when they fell sharply in price. I think that in some situations it is quite justified. I think it depends on the situation, because sometimes coins do not recover  in price.

Obviously this is how it happens because the first thing comes in mind if we are in the need of money is to sell coins. At that moment the value will be dumped and you can keep calm at that time. Despite being dependent upon the situation we sell it.


Title: Re: Reasons you should avoid selling out of panic
Post by: awazieik on October 06, 2018, 05:12:22 PM
I think it is important for investors to have an exit strategy because trying to game the market can make one lose his investment. Most people that panic sell are usually moved by greed and fear. If you are sophisticated in your approach to investment, you will make money whether the market is up or down


Title: Re: Reasons you should avoid selling out of panic
Post by: Shiversnow on October 06, 2018, 05:16:19 PM
A decrease in price of coins is something nobody wants to see. When you invest, you certainly hoped for some profit and spent some money to get that return. People relatively new to the market do panic but think about this way, if you sell out of panic, you won't even make your break even! Better be calm and wait for price to rise again.

Yes instead of panic try to be calm and patient to be waited for price rise again. Nobody wants to see the value decreasing cause you expect once you invest you get profit but always think don't panic if you see the value going down just do be calm cause one day it increasing and give you nice profitable income.


Title: Re: Reasons you should avoid selling out of panic
Post by: trash321 on October 06, 2018, 05:22:01 PM
Well, why these reasons? I am sure that every person understands why you need to control yourself and why you should try to control your emotions, especially when the volatility of BTC and the entire market starts to really frighten.


Title: Re: Reasons you should avoid selling out of panic
Post by: bit-freedom on October 06, 2018, 05:33:34 PM
I agree with OP. Panic selling cause more losses than protecting your investment. However, emotions are hard to control. I guess with experience and faith in crypto, we will learn how to control our emotions at times like this.


Title: Re: Reasons you should avoid selling out of panic
Post by: BTCreward on October 06, 2018, 06:20:13 PM
I think it's just worth realizing two things. You can never sell at a loss. For example, now the market is at the bottom and that is why you should just wait. Let a year pass, but prices will rise. And second, you have to understand that the more you wait, it will not mean that you will get more.


Title: Re: Reasons you should avoid selling out of panic
Post by: terencio on October 07, 2018, 07:48:09 PM
When you're in a panic mode,  you tend  to make a lot of mistake, you become irrational and because your irrational, sometimes you will commit a typo error, and your selling at the wrong price   that could create a big disaster on your self. It was happen on me in the past.


Title: Re: Reasons you should avoid selling out of panic
Post by: trahaubab on October 25, 2018, 11:49:33 PM
LMAO of your post picture. That is super stupid picture.
LOL bought ETH at price 350$ see 250$ buy more. That is the super stupid story. especially considering the fact that we don`t know crypto bottom.

also, panic sells are not so bad.


Title: Re: Reasons you should avoid selling out of panic
Post by: irenegaming on October 25, 2018, 11:52:02 PM
And above all have a lot of patience, I do not know how people who could buy in ATH now panic and sell at the lowest possible price, if you already took that huge risk because you did not know it was going to explode the bubble, at least you have hodl to try to match your investment, taking that huge loss is not to have confidence in the cryptos for anything.


Title: Re: Reasons you should avoid selling out of panic
Post by: Jamjamz30 on October 26, 2018, 12:00:53 AM
Panic selling is not good because you didn't try to assess and evaluate the situation first before doing such actions. Panic selling is favorite thing of whales out there cause it usually resulted to decline in prices. Remember that cryptocurrency is so volatile.


Title: Re: Reasons you should avoid selling out of panic
Post by: judyrob on October 26, 2018, 07:53:39 AM
reasonable, because when really understand what being held for investment, it will remain calm under the circumstances though it was falling. much has happened in for crypto simply expect results and it is the wrong thing. When the price of crypto down then they have no reason to stay so that the panic too carried by the flow of the words of others that are not necessarily true.


Title: Re: Reasons you should avoid selling out of panic
Post by: gerbas on October 26, 2018, 07:58:48 AM
One of the peculiar attributes of most crypto enthusiasts is selling out of panic. Whenever this happens, it is accompanied by some flaws and setbacks. Reasons why you should avoid selling out of panic are:

1. Dump in price - Sometimes, it does not affect the price of the coin you are dumping alone, it can also affect the general market prices coins, most especially when there is massive dump of prominent coins such as, bitcoin, ethereum and so on.

2. Loss of Investment - you are likely going to loose your investment, because most times, when you panic sell, you sell at lower prices than required. Your profit might be affected, so also your invested capital.

3. Attack on blockchain technology - it might call on attacks on blockchain technology from different quarters. You begin to see people spread more negative news about blockchain and cryptocurrency. For instance, people may begin to talk of crash, scam and so on.

4. Emotional Imbalance: panic alongside the accompanying losses might lead to emotional imbalance in some investors and afterwards the resulting effect on health, such as hypertension and other health implications.

Some people attribute FUDs and perhaps regulations to most of these flaws, which are not. Even though there are FUDs being spread, if we do not panic, the crypto space will be a safe haven for investment.
How many proposed regulations these days have really been implemented? So, why are we bothering ourselves? Some countries such as China, that even succeeded in some of their regulations, does not seem to avoid the crypto world in entirety.

Those who cause panic mainly know that most people cannot control it. Which is why those who take advantage of it, use it as a weapon in the crypto space for their gains.

Note:
I am not telling you not to sell whenever you notice there is going to be bearish market, but take your time to relax and think about it, make your calculations and if you are sure there will be bearish market, sell and buy back when you are also sure it is low enough.

https://i.imgur.com/ovsTPW7.jpg

Panic selling happen a lot, especially the new trader. Because of the panic selling it could affect the market condition, making it even worse. the coins fall deeper than it was. I believe that being patient is one of many things needed to become a good trader.


Title: Re: Reasons you should avoid selling out of panic
Post by: Striker17 on October 26, 2018, 07:59:21 AM
Absolutely true, we must think positive when we face the bearish market situation. And it's a bad decision if we sell our coins when market is down, instead of selling our coins, its good if we buy coins with a potential growth while market is still unstable.


Title: Re: Reasons you should avoid selling out of panic
Post by: Chronner on October 26, 2018, 08:06:07 AM
Everything is absolutely correct, but as they say in poker - bkz fish sharks would eat each other and it would not be poker but chess) Without such a panikerv it would be difficult to make money on this market


Title: Re: Reasons you should avoid selling out of panic
Post by: Correlll on October 26, 2018, 08:15:13 AM
You should always avoid panic, because the decisions that were made in panic, will cause only loses. Even when the market is falling and your portfolio is dumping, you need to stay calm or you will sell you tokens deep. Patience is the key and it will be rewarded.


Title: Re: Reasons you should avoid selling out of panic
Post by: tins on October 26, 2018, 08:58:31 AM
You should always avoid panic, because the decisions that were made in panic, will cause only loses. Even when the market is falling and your portfolio is dumping, you need to stay calm or you will sell you tokens deep. Patience is the key and it will be rewarded.

Yeah, investors should calm down and reconsider their investment whether to keep or sell. Do not fomo follow the market when you see the value of some altcoin increase or decrease. That just makes your money less and less more


Title: Re: Reasons you should avoid selling out of panic
Post by: Chronner on October 27, 2018, 02:48:35 PM
You should always avoid panic, because the decisions that were made in panic, will cause only loses. Even when the market is falling and your portfolio is dumping, you need to stay calm or you will sell you tokens deep. Patience is the key and it will be rewarded.

Yeah, investors should calm down and reconsider their investment whether to keep or sell. Do not fomo follow the market when you see the value of some altcoin increase or decrease. That just makes your money less and less more
You can even say more - good investors always invest when the price falls. But here you need to be careful because the price may fall after the company or project has become a scam.


Title: Re: Reasons you should avoid selling out of panic
Post by: lutcor on October 27, 2018, 02:50:12 PM
No matter how you do it, investors become smarter and the most important thing is to be more transparent and have a good idea that could really bring serious dividends that will delight investors, just analyze the projects always.


Title: Re: Reasons you should avoid selling out of panic
Post by: bbcolex on November 04, 2018, 03:02:03 PM
There's much more to be considered any specific reason why some people sell out of panic is fear of losing everything, their emotional imbalance could be triggered by this, expectation was the price to rice but in reality price could depreciate in a bit. Also, negative news that could cause the holder to fear and doubt what will happen, out of anxiety and fear people tend to panic again. So the best way to avoid this one is set a time line and never ever trade with emotion, if price going down set when to cut losses.


Title: Re: Reasons you should avoid selling out of panic
Post by: dizzy1996 on November 04, 2018, 03:18:40 PM
Let's start with the fact that crisis situations in any market are normal, they were created for the purpose of screening, as well as to improve competitiveness in the market, thereby strengthening the market itself, but the most important aspect is that this is all temporary and nothing more


Title: Re: Reasons you should avoid selling out of panic
Post by: leviathon on November 10, 2018, 12:01:53 PM
The best thing is to always avoid panic selling your coins since when you are panic selling you are doing so at a loss which means that you will not be making any profit from selling the coins. Also it just contributes to driving down the price of the coins because you will be dumping a lot of coins into the market increasing the supply. If you are in the market to make profit then you should not panic sell your coins


Title: Re: Reasons you should avoid selling out of panic
Post by: levvv on November 10, 2018, 01:58:23 PM
Panic is a sign that we unable to predict such things to happening. Of course most panic selling cases will not make benefit to us.
So, when we see the price of our coins going down, we must calculate and predict what coin will be best to buy when the market is on the bottom, so we can get profit later because we buy it with cheap price instead panic selling our coins.


Title: Re: Reasons you should avoid selling out of panic
Post by: rika0223 on November 10, 2018, 02:06:01 PM
One of the peculiar attributes of most crypto enthusiasts is selling out of panic. Whenever this happens, it is accompanied by some flaws and setbacks. Reasons why you should avoid selling out of panic are:

1. Dump in price - Sometimes, it does not affect the price of the coin you are dumping alone, it can also affect the general market prices coins, most especially when there is massive dump of prominent coins such as, bitcoin, ethereum and so on.

2. Loss of Investment - you are likely going to loose your investment, because most times, when you panic sell, you sell at lower prices than required. Your profit might be affected, so also your invested capital.

3. Attack on blockchain technology - it might call on attacks on blockchain technology from different quarters. You begin to see people spread more negative news about blockchain and cryptocurrency. For instance, people may begin to talk of crash, scam and so on.

4. Emotional Imbalance: panic alongside the accompanying losses might lead to emotional imbalance in some investors and afterwards the resulting effect on health, such as hypertension and other health implications.

Some people attribute FUDs and perhaps regulations to most of these flaws, which are not. Even though there are FUDs being spread, if we do not panic, the crypto space will be a safe haven for investment.
How many proposed regulations these days have really been implemented? So, why are we bothering ourselves? Some countries such as China, that even succeeded in some of their regulations, does not seem to avoid the crypto world in entirety.

Those who cause panic mainly know that most people cannot control it. Which is why those who take advantage of it, use it as a weapon in the crypto space for their gains.

Note:
I am not telling you not to sell whenever you notice there is going to be bearish market, but take your time to relax and think about it, make your calculations and if you are sure there will be bearish market, sell and buy back when you are also sure it is low enough.

https://i.imgur.com/ovsTPW7.jpg


all depends on each individual, there are people who when they see the market price a little they panic and immediately want to sell it I think that you should think before you regret after losing the money you have, can ask each other to someone who can be trusted to ask whether it should be a thing to do


Title: Re: Reasons you should avoid selling out of panic
Post by: Fortified on November 10, 2018, 02:14:20 PM
One of the peculiar attributes of most crypto enthusiasts is selling out of panic. Whenever this happens, it is accompanied by some flaws and setbacks. Reasons why you should avoid selling out of panic are:

1. Dump in price - Sometimes, it does not affect the price of the coin you are dumping alone, it can also affect the general market prices coins, most especially when there is massive dump of prominent coins such as, bitcoin, ethereum and so on.

2. Loss of Investment - you are likely going to loose your investment, because most times, when you panic sell, you sell at lower prices than required. Your profit might be affected, so also your invested capital.

3. Attack on blockchain technology - it might call on attacks on blockchain technology from different quarters. You begin to see people spread more negative news about blockchain and cryptocurrency. For instance, people may begin to talk of crash, scam and so on.

4. Emotional Imbalance: panic alongside the accompanying losses might lead to emotional imbalance in some investors and afterwards the resulting effect on health, such as hypertension and other health implications.

Some people attribute FUDs and perhaps regulations to most of these flaws, which are not. Even though there are FUDs being spread, if we do not panic, the crypto space will be a safe haven for investment.
How many proposed regulations these days have really been implemented? So, why are we bothering ourselves? Some countries such as China, that even succeeded in some of their regulations, does not seem to avoid the crypto world in entirety.

Those who cause panic mainly know that most people cannot control it. Which is why those who take advantage of it, use it as a weapon in the crypto space for their gains.

Note:
I am not telling you not to sell whenever you notice there is going to be bearish market, but take your time to relax and think about it, make your calculations and if you are sure there will be bearish market, sell and buy back when you are also sure it is low enough.


So this just  like a guide for the  beginners of trading and composure is really important of this kind of business so that you can have better decision , then can be able pick the right coin to sell and the right coin to hold .


Title: Re: Reasons you should avoid selling out of panic
Post by: Treasurer on November 10, 2018, 02:54:54 PM
The best thing is to always avoid panic selling your coins since when you are panic selling you are doing so at a loss which means that you will not be making any profit from selling the coins. Also it just contributes to driving down the price of the coins because you will be dumping a lot of coins into the market increasing the supply. If you are in the market to make profit then you should not panic sell your coins

From the fact that you repeat many times "don't sell when you are in a panic", nothing will change for me. A man panics when any action provokes him to panic. And at this moment his life experience suggests that things will only get worse. And sometimes it happens. Therefore, to panic or not is a personal decision.


Title: Re: Reasons you should avoid selling out of panic
Post by: Qu1ck$1Lv3r on November 10, 2018, 03:00:09 PM
We as a investors shouldnt sell during panic. I always try to buy more during dumps and panics. I believe panic times is opportunity for us. We should accumulate during bear seasons. Maybe only we need to be careful while accumulating coin can be more dump. So during accumulation always we need to have some fiat more.


Title: Re: Reasons you should avoid selling out of panic
Post by: Nivelir on November 10, 2018, 03:00:48 PM
The reasons are quite adequate, therefore I want you to understand today the significance of all this. Therefore, I believe that, in general, cryptocurrencies should unequivocally receive a correct and rational assessment before deciding to buy or sell and not make a decision in a panic


Title: Re: Reasons you should avoid selling out of panic
Post by: Mypanara19 on November 10, 2018, 03:05:56 PM
One of the peculiar attributes of most crypto enthusiasts is selling out of panic. Whenever this happens, it is accompanied by some flaws and setbacks. Reasons why you should avoid selling out of panic are:


I do not really sell my altcoins out of panic but more on out of need. Even if I don't want to sell yet but since I'm in dire need of money and because I don't have much choice sometimes than to sell then it's like doing things which you do not want to but you need to. Also there are times when I do nit have much patience with my holding I tend to sell just to get even and I would buy another token to replace the one I sell.


Title: Re: Reasons you should avoid selling out of panic
Post by: GodsChosenVessel on November 10, 2018, 03:28:34 PM
I totally agree with you on this write up. It's sadden to see the way and rate at which people sell out their altcoins out of panic, all in the name of fall in market price. This won't  help the market situation a bit.
Well, it depends on individual's mind set.


Title: Re: Reasons you should avoid selling out of panic
Post by: supahlovah on November 10, 2018, 03:46:09 PM
Emotions are not the best friend in any investments and people who make such decisions under panic pressure usually lose more than others


Title: Re: Reasons you should avoid selling out of panic
Post by: bit-freedom on November 10, 2018, 06:35:48 PM
I believe some people sell in panic because of emotion but some seems to sell because they are waiting to buy back at a lower price. IMO, both are risky. We won’t know when the price start to go up again.


Title: Re: Reasons you should avoid selling out of panic
Post by: Siegtal81 on November 24, 2018, 09:55:13 AM
One of the peculiar attributes of most crypto enthusiasts is selling out of panic. Whenever this happens, it is accompanied by some flaws and setbacks. Reasons why you should avoid selling out of panic are:

1. Dump in price - Sometimes, it does not affect the price of the coin you are dumping alone, it can also affect the general market prices coins, most especially when there is massive dump of prominent coins such as, bitcoin, ethereum and so on.

2. Loss of Investment - you are likely going to loose your investment, because most times, when you panic sell, you sell at lower prices than required. Your profit might be affected, so also your invested capital.

3. Attack on blockchain technology - it might call on attacks on blockchain technology from different quarters. You begin to see people spread more negative news about blockchain and cryptocurrency. For instance, people may begin to talk of crash, scam and so on.

4. Emotional Imbalance: panic alongside the accompanying losses might lead to emotional imbalance in some investors and afterwards the resulting effect on health, such as hypertension and other health implications.

Some people attribute FUDs and perhaps regulations to most of these flaws, which are not. Even though there are FUDs being spread, if we do not panic, the crypto space will be a safe haven for investment.
How many proposed regulations these days have really been implemented? So, why are we bothering ourselves? Some countries such as China, that even succeeded in some of their regulations, does not seem to avoid the crypto world in entirety.

Those who cause panic mainly know that most people cannot control it. Which is why those who take advantage of it, use it as a weapon in the crypto space for their gains.

Note:
I am not telling you not to sell whenever you notice there is going to be bearish market, but take your time to relax and think about it, make your calculations and if you are sure there will be bearish market, sell and buy back when you are also sure it is low enough.

https://i.imgur.com/ovsTPW7.jpg


I think there are a lot of them besides the ones you mentioned. In any case, it seems to me that in fact the main reason is the loss of faith in cryptocurrencies at the first fall


Title: Re: Reasons you should avoid selling out of panic
Post by: stomerliren on November 24, 2018, 10:05:18 AM
Should I sell a crypto now?


Title: Re: Reasons you should avoid selling out of panic
Post by: MegaPost on November 24, 2018, 10:17:51 AM
People just lose faith in what they've always done. I very much hope that all - will understand as far as they are wrong and will start working normally. Only if people understand the whole technology they will start earning on cryptocurrencies and not sell at the first drop


Title: Re: Reasons you should avoid selling out of panic
Post by: Dimm_bounty13 on November 26, 2018, 02:50:52 PM
I totally agree with you on this write up. It's sadden to see the way and rate at which people sell out their altcoins out of panic, all in the name of fall in market price. This won't  help the market situation a bit.
Well, it depends on individual's mind set.

It's not sad unless you start to sell your coins in a panic. Until you're holding your portfolio, your losses are "in theory". Moreover, it's better to do the opposite: to buy when people are selling.


Title: Re: Reasons you should avoid selling out of panic
Post by: elenka n on November 26, 2018, 02:57:57 PM
You just do not have to go on about emotions, because in this case, the investor will only wait for a loss!


Title: Re: Reasons you should avoid selling out of panic
Post by: ujinice on December 01, 2018, 11:24:28 AM
The cryptocurrency market is very young and the big players are just starting to earn money on it, it makes no sense for them to destroy the place where they can earn money for a very long time, so I am sure that cryptocurrency capitalization will growing and I keep my coins.


Title: Re: Reasons you should avoid selling out of panic
Post by: Deallove9 on December 01, 2018, 11:33:48 AM
I have come to realise that market work in a dynamic way which need to be understand and if it is clear understand then there is no need for panic sell or buy at top and sell low, this is why I will depend solely on TA no matter the FA the TA must have lead to a great level .


Title: Re: Reasons you should avoid selling out of panic
Post by: edmundo on December 01, 2018, 11:44:14 AM
The truth is, no matter how you make people understand that panic selling will online cause them damages in the long run, the more people tend to take this easy way out. This has to do with emotions, emotions will always play a huge part in rash decision making. This factor cannot be taken out, it has affected even seasoned professionals but once this aspect is controlled, then one can learn to put faith in the technical analysis and learn to become better traders. Panic selling has to do with uncontrolled emotions. However, it does a whole lot of damage as it tends to wipe our bankrolls or portfolios easily.


Title: Re: Reasons you should avoid selling out of panic
Post by: QueenCryptomarket on December 02, 2018, 05:18:18 PM
Yes, panic is the cause of bad trading. Panic is very unfriendly for small investors. When the market starts to panic, retail investors lose the most. Of course, many of them are actually simple traders and do not know anything about the risks of the crypto market. Such investors should acquire knowledge about the crypto market and significantly reduce losses due to panic.


Title: Re: Reasons you should avoid selling out of panic
Post by: dedocry on December 02, 2018, 05:52:32 PM
because the price now is very very low. Do you really want save your deposit? or make small profit?


Title: Re: Reasons you should avoid selling out of panic
Post by: jacafbiz on December 02, 2018, 06:53:11 PM
There is no sin in having a threshold, we need to know how much loss we can stomach, a lot of people have lost fortune to this HODL phylosophy of some people, but what we see is that those preaching HODL are doing opposite of this and are selling to buy dip. What I would advice people is to see what people are doing and not just sit don look


Title: Re: Reasons you should avoid selling out of panic
Post by: JuanPaulo on December 02, 2018, 07:00:26 PM
Emotions are not the best friend in any investments and people who make such decisions under panic pressure usually lose more than others

Only fools make financial decisions under the influence of emotions. Want to make money - do everything with a cool head. Want to lose everything - go in the wake of emotions.


Title: Re: Reasons you should avoid selling out of panic
Post by: Crypt0BHunter on December 02, 2018, 07:02:22 PM
True but one of mistake or inappropriate management of investment fund is when all the fund ended till the bear market reach the bottom and you have no other funds to average your buy price


Title: Re: Reasons you should avoid selling out of panic
Post by: GatotKaca on December 02, 2018, 07:13:06 PM
One of the peculiar attributes of most crypto enthusiasts is selling out of panic. Whenever this happens, it is accompanied by some flaws and setbacks. Reasons why you should avoid selling out of panic are:

1. Dump in price - Sometimes, it does not affect the price of the coin you are dumping alone, it can also affect the general market prices coins, most especially when there is massive dump of prominent coins such as, bitcoin, ethereum and so on.

2. Loss of Investment - you are likely going to loose your investment, because most times, when you panic sell, you sell at lower prices than required. Your profit might be affected, so also your invested capital.

3. Attack on blockchain technology - it might call on attacks on blockchain technology from different quarters. You begin to see people spread more negative news about blockchain and cryptocurrency. For instance, people may begin to talk of crash, scam and so on.

4. Emotional Imbalance: panic alongside the accompanying losses might lead to emotional imbalance in some investors and afterwards the resulting effect on health, such as hypertension and other health implications.

Some people attribute FUDs and perhaps regulations to most of these flaws, which are not. Even though there are FUDs being spread, if we do not panic, the crypto space will be a safe haven for investment.
How many proposed regulations these days have really been implemented? So, why are we bothering ourselves? Some countries such as China, that even succeeded in some of their regulations, does not seem to avoid the crypto world in entirety.

Those who cause panic mainly know that most people cannot control it. Which is why those who take advantage of it, use it as a weapon in the crypto space for their gains.

Note:
I am not telling you not to sell whenever you notice there is going to be bearish market, but take your time to relax and think about it, make your calculations and if you are sure there will be bearish market, sell and buy back when you are also sure it is low enough.

https://i.imgur.com/ovsTPW7.jpg

Many people experience failure in their investment because when they see the market fall and fall back they will start to be confused and panicked, afraid that they will get a bigger loss so they choose to sell it. But, I think before making a better decision to observe the market for some time and analyze whether holding it will benefit later or it's better to sell it.


Title: Re: Reasons you should avoid selling out of panic
Post by: Kseniya17 on December 02, 2018, 07:47:57 PM
I think that newcomers mostly panic, because they do not have enough money to hold coins for a long time, so if a coin goes to the stock exchange, many will immediately change it to Fiat.


Title: Re: Reasons you should avoid selling out of panic
Post by: VPScreator on December 02, 2018, 08:18:14 PM
I think the best thing to do now is just to wait for the moment when the market starts to grow again. Selling now is not the best solution and I think it is better to buy now.


Title: Re: Reasons you should avoid selling out of panic
Post by: Anna Borisovna on December 02, 2018, 08:35:51 PM
panic is bad, cryptocurrency almost always needs a “cold head”
but if I succumbed to the wave of my panic this spring and sold everything, for example, in True Usd, my portfolio would now be more than 4 times)


Title: Re: Reasons you should avoid selling out of panic
Post by: fbastage on December 02, 2018, 10:03:35 PM
I've seen some mathematical calculations here recently where you lose more if you don't sell when you fall. Look, it's quite an interesting article.


Title: Re: Reasons you should avoid selling out of panic
Post by: jpnl0008 on December 02, 2018, 10:29:59 PM
It makes you loose valuable assests that could be of very important and necessary panic would make do some many things and would be your worse mistakes  ever and may not be corrected do not panic


Title: Re: Reasons you should avoid selling out of panic
Post by: heritage35 on December 02, 2018, 10:50:12 PM
Yes, it is not just about you selling or holding, it is mire of not selling because of any form of fear, because it makes one to make hasty decisions and by doing that, such decisions are most times wrong and may cost us a lot.


Title: Re: Reasons you should avoid selling out of panic
Post by: poodle63 on December 02, 2018, 11:02:33 PM
I've seen some mathematical calculations here recently where you lose more if you don't sell when you fall. Look, it's quite an interesting article.

But that depends on how deep the chart of altcoin goes. I have seen that so many times when someone was trying to sold their shares on the bearish market with the hopes he can take another bottom but after that there was a rebound on its price and then that makes sense if that will be involved a very high risk.


Title: Re: Reasons you should avoid selling out of panic
Post by: NORD YGGDRASIL on December 02, 2018, 11:04:04 PM
All that the author of topic writes about in his narration are the symptoms that are typical for beginners. Any newcomer goes through these mistakes in order to later become much more experienced and ready for any incidents.


Title: Re: Reasons you should avoid selling out of panic
Post by: indobitcoin.tk on December 03, 2018, 04:21:48 AM
It is a risk the panic experienced by everyone. but many who may not think long right up to the stage of being too afraid of the circumstances that might make them losers. It is a safe way that they do for selling a panic from plunging too deep into the fall of market prices.


Title: Re: Reasons you should avoid selling out of panic
Post by: Alpha0One1 on December 03, 2018, 04:39:02 AM
My only reason for selling what I have in crypto are the following:
1. I need fiat in the next coming weeks.
2. I am repositioning / cleaning up. I noticed that the value of a coin or token I'm holding may take time before it recovers and I see a project with excellent progress and will be in a better position to rise above the market faster.
3. Need to preserve value. I sell my coins and exchange it to USDT, USD Coin or TUSD to preserve value if I feel that there will be a possibility of another market bloodbath. This move preserves value without converting your crypto to fiat and I can easily move back in to purchase what I sold.






Title: Re: Reasons you should avoid selling out of panic
Post by: Ria Sakurai on December 03, 2018, 04:51:31 AM
My simple is it's not a good deal, i'm not stupid to sell my token in damn low price. I can hold for months to sell at high price, it's worth my works. Buy more at lower price (DCA) is a good way to make higher profit in cryptocurrency market.


Title: Re: Reasons you should avoid selling out of panic
Post by: pmjmhjon30 on December 03, 2018, 05:26:21 AM
Great post, I know it in mind though my action when the time comes, it's different :(


Title: Re: Reasons you should avoid selling out of panic
Post by: puremage111 on December 03, 2018, 05:27:57 AM
One of the peculiar attributes of most crypto enthusiasts is selling out of panic. Whenever this happens, it is accompanied by some flaws and setbacks. Reasons why you should avoid selling out of panic are:

1. Dump in price - Sometimes, it does not affect the price of the coin you are dumping alone, it can also affect the general market prices coins, most especially when there is massive dump of prominent coins such as, bitcoin, ethereum and so on.

2. Loss of Investment - you are likely going to loose your investment, because most times, when you panic sell, you sell at lower prices than required. Your profit might be affected, so also your invested capital.

3. Attack on blockchain technology - it might call on attacks on blockchain technology from different quarters. You begin to see people spread more negative news about blockchain and cryptocurrency. For instance, people may begin to talk of crash, scam and so on.

4. Emotional Imbalance: panic alongside the accompanying losses might lead to emotional imbalance in some investors and afterwards the resulting effect on health, such as hypertension and other health implications.

Some people attribute FUDs and perhaps regulations to most of these flaws, which are not. Even though there are FUDs being spread, if we do not panic, the crypto space will be a safe haven for investment.
How many proposed regulations these days have really been implemented? So, why are we bothering ourselves? Some countries such as China, that even succeeded in some of their regulations, does not seem to avoid the crypto world in entirety.

Those who cause panic mainly know that most people cannot control it. Which is why those who take advantage of it, use it as a weapon in the crypto space for their gains.

Note:
I am not telling you not to sell whenever you notice there is going to be bearish market, but take your time to relax and think about it, make your calculations and if you are sure there will be bearish market, sell and buy back when you are also sure it is low enough.

https://i.imgur.com/ovsTPW7.jpg


For this - Loss of Investment

I think alot people actually got into a real panic moment when market crash
Regardless if they make loss, their mindset is more off : As long as i don't loss more than that in the future, i am okay with the loss.
Hence, when the market actually recovered they will be like Damn, i should not sell it. xd


Title: Re: Reasons you should avoid selling out of panic
Post by: labake on December 03, 2018, 05:30:03 AM
This is just all educative for both novice and those that have been I'm the business for a long time. Temptations would come sometimes like you even ask yourself why am holding this for so many months while there is no pump price not even thinking it's generally and you may decide to sell,  when the market gets back to normal in general,  you regret selling. Avoid selling out of panic


Title: Re: Reasons you should avoid selling out of panic
Post by: NickoOrteras on December 03, 2018, 05:45:16 AM
For those who do not need to rush selling or panic selling, we also need to think about what might happen to be the price of bitoin. so do not let us just think.


Title: Re: Reasons you should avoid selling out of panic
Post by: kier010 on December 03, 2018, 05:55:37 AM
they should first find out why they panic. mostly they panic because they can't afford to lose their investment as a result when price go down they also sell. so before they start to invest they should only invest what they can afford to lose so when price dump they don't panic.


Title: Re: Reasons you should avoid selling out of panic
Post by: Cat Coin on December 03, 2018, 05:55:59 AM
Unprepared investors come to the market, we have few places to teach this, many do not want to learn. This is business, the weak don't belong here. Many tales of quick riches bring random people. The main rule of investing is money-time. It takes either a lot of money and little time, or little money, but a lot of time to get a large income.


Title: Re: Reasons you should avoid selling out of panic
Post by: Cat Coin on December 03, 2018, 06:01:41 AM
Unprepared investors come to the market, we have few places to teach this, many do not want to learn. This is business, the weak don't belong here. Many tales of quick riches bring random people. The main rule of investing is money-time. It takes either a lot of money and little time, or little money, but a lot of time to get a large income.


Title: Re: Reasons you should avoid selling out of panic
Post by: Sadyshagg on December 03, 2018, 06:15:51 AM
When everyone else is in panic sell mode you should be doing opposite and instead buying in when your emotions tell you to run.


Title: Re: Reasons you should avoid selling out of panic
Post by: anisoptera on December 03, 2018, 03:44:32 PM
There is no wrong or right answer to anything, but panic actions are the worst case of scenario. If you know you get those, consider other options or create a strategy, to which you hold on to. If you don't focus enough on this, you'll land into trouble.