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Almost a 85% of people failed because of human error and not by trading itself. The number one error im talking about is panic selling. Two words but put people in stress and losses big time. So how can you manage to avoid getting stressed easily and panic sell? Im telling you some.

- before you enter trading, strengthen your mind for incomming stress. Trading is stressful in nature so always get ready to get stressed.

- prepare yourself from future losses you have because its just normal. Negatives are part of the market balance. You are not a real trader if you dont experience it. Its sometimes an indicator that you should buy on that time.

- always think that its not yet a loss if you dont sell it.

- always have patience and wait for the right time to sell.

- BUY LOW SELL HIGH and get committed to it.

- dont believe on manipulators or those people who talks negatively to keep you from being motivated. Remember that you have more knowledgeable than them.

If you have some tips in additional then give some. Lets all help those who are in confusion right now.

I fully agree with the author, for trade you need to not give in to emotions, and to be prepared for the fact that the market does not always go in the right direction, and in order to make money on cryptocurrency you need to be able to wait and then everything will turn out

Likewise in gambling, the summary of it is to trade only what you afford to lose.

My addition to it is to strengthen your emotion.

Everything is right, we should not sell on panic we should understand what we are doing so we cannot be failed big later on. The market is not that bad we can still make income so don’t panic. Buy low sell high is the best and an easiest way to take profit.

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.

That is somewhat entertaining.. it feels how difficult to control our self during the bear season and I think that almost everyone also thinking to sell their coins once it falls more. But somehow market won't let us to make a mistakes and it shows some pumps which it enlighten us to be more confident with.

https://bitcointalk.org/index.php?topic=2867761.0
https://bitcointalk.org/index.php?topic=4456444.0
https://bitcointalk.org/index.php?topic=3268158.0

These old thread would be a good help.

right, it is panic which kills traders.
one shoud keep in mind that almost every trade (if we speak about major currencies) could be positive. the only questionis how long could you keep that position open.

The difference is that in trading you need to study hard before making a decision. Emotion plays a crucial role as well but it is not the main reason. I think that people act more in panic in gambling rather than in trading.
Traders do not need to panic sell because the market can be manipulated easily so before taking any decision, we should do our own research.

All the investors are buy low and sell high in trading platform. It is not a good idea for all the time because sometimes continuous dump will affect total margin so panic sellers are create the more difficulties of crypto hype. I think keep buying and selling our own personal experience makes small profit and good success in next trade.

Buying low and selling high is the most basic thing in this market but to do that we have to have a lot of experience in trading and our psychology must always be in the best state. I think very few people can keep calm when the market panic because just a few bad news can make investors feel confused and easily sell all their assets. My best advice is to consider it before deciding to invest in a certain coin and keep it for a long time

Loosing in trading should not make us to be panic but of a truth panic sometimes do save us from unnessary loses.  This market is one that we can only succeed if we learned how to trade through experience and much loses.

I think all the factors mentioned in the article are correct and I agree with everything the article author mentions. Although we are a professional investor, from time to time, we cannot prevent our own feelings and make wrong decisions. I've had so much experience from the first day I entered this market so far that if I count them all, you can't believe how I'm buying panic or panic. Even though I had so much knowledge and experience, a panic sale I made just a month ago had caused me a very serious cost. Be with you, always try not to succumb to your feelings and not to panic.

Set your own limit and target could be another thing to add. Sometimes new traders forget to set lose limit and target of profit. Regarding the target of profit, some traders usually get greedy although they could make some profit but they decided to keep on waiting in order to get higher price so they can make higher profit but they forget that the price may get dumped while they are waiting for higher price.

This is true, not all panic sells do really give out negative results but rather it do also have the advantage on saving us for more deeper loss.
Emotions is one of the most common enemy when we are investing here on crypto due to price volatility and having that mindset to make profits out
of it due to movement but seeing it actively would really give out immediate actions neither a good one or not.

This is mostly crypto enthusiast did set a limit of selling target than doing panic selling, panic selling is not having a huge loss still you can retrieve your losses once you sell and divert into other altcoins which the best strategy for those almost had their loss. However, this strategy is a case to case basis only. We have a different perspective decision on how to manage our holding crypto asset.

You are right about that.

There is only one thing that I want to strengthen and that is Commitment.
Mostly I tend to lose my trust on one coin because of the hype. After that, I am already selling my coin without even thinking that I already broke my commitment.

Be solid strong with those. If you want to sell at this number then do so. Same with buying too.
Patience is what I dont have mostly but am trying just so I could profit more.

Panic selling is the worst thing that can be. I've lost money many times because of my emotions. But now I understand that it was my mistake and I try to analyze my actions more in my right mind.

Thank you for providing such wonderful individual insights as from yourself. I do agree with everything you said from my own point of view and how i used to buy / sell in trading.
I've been used most of your statements in altcoins trading but i couldn't quite catch up with their prices. Sometimes i would just leave with a negative profit cause i was inpatient.

The feeling of a panic sell is real thus you should think clearly before acting as such. As a wrong move can end up with everything you have worked for till that moment.
Nevertheless most of the new people heading their way to alt trading should understand everything from OP's statements before starting.

That's why just trade and trade and trade. Build experience so that people will be used on any difficulties.

Panic selling is a usual and common behaviour / approach of a traders. In other words, even how well a newbie study the basics, they will not avoid that kind of behaviour.

I want all traders to experienced that. Why? In that way, they will really experienced what is that all about and they will work soon how to control it. It's part of a progress. If such case that a trader still can't deal properly with that behaviour after a quiet long period of time during trading, I guess this profession isn't really suitable to them.

There is no point in panic selling, as the market always recovers after dropping sharply. Actually, most traders make this mistake when they start trading and take hasty decisions in panic, they suffer losses in the end.

Do you have a basis on this or it's just your own analysis?

Panic selling is cause by lack of control, being weak emotionally, that could cause a panic selling anytime and I do believe
that most successful traders and crypto investors are those who are let their mind works than their emotion.
Being smart is being able to control your emotion properly.

90% of trader failed because lack of knowledge about risk management,  just like me when i enter to crypto trading i dont know how stop loss work in crypto exchange.  Second thing we should be have knowledge  about technical analysis, this is important to predict the trend of market. 

It does but sometimes it takes so much of time. You shoulsn't just hold for long time since you'll miss the opportunity if there is a good trend to the other markets. Thus, stop loss is very important to avoid panic selling and holding too much in a bearish market.

That's right a lot of people are being failed because they are panic selling. Don't do what other do because if you are panic selling the coins it cause more the value decreasing and Im happy now because nos panic seller will decrease because if we see the market now they start increasing and Im still hoping for the bitcoin and cryptocoins to really increased the value of these coins.

I don't think this is a time for us to tell people not to panic sell anymore because I believe we have already passed that stage.

Anyone that is thinking of panic selling should go ahead but he/she should know that they are going to be the one to regret it when we begin to see a bull run in the price of coin, because I don't think any panic sell at this moment would be able to cause a dump in price because a lot of persons are now well informed.

Actually your emotions play 95% on how you succeed or fail in trading.  Emotions are two enge sword and it can safe you from hard loss and also it can makes you to close the winning trade too early. We can all become successful if all of us can predict the market accurately but our emotionals strength is what determines if we would succeed or not. Risk management is what traders should much focus on in other to be able to make profits from the market.  I think we should not put more than we can afford to lose but many out of ignorance do that and that is why they keep losing.

Not a logical decision if prices crash more than we can afford as a balanced trader. Many traders prefer to sell and exit from the trading position while it is in the second stage of loss(less than 50% of stop loss).

Most of the people lose in trading because they act with emotion not with logic, and when emotion control the trading then the result will be bad, trading is not too stressful if we got the correct mindset, losing in trading is a common things, the most important is to learn the mistake, and we need to be flexible and able to take quick decision based on the trends and news, for newbie its really important to learn risk management and money management, and when we got the reliable news and enough experience we wont be lure to do panic sell

Yes if we don't have the confidence about the market then only the panic will came to us I think it is the main reason for taking unwanted decision also for the future if you panic and sell your investment now it will continue to affect till the future of yourself so my opponents don't take any decision if you are in fear about your investment.

If you are in a difficult situation the decision taking will always been your panic that's why the mistakes are not solved at this situation we could not take any decision at the moment will be the good idea because if you have decided anything at this time most of the time we cannot make the right decision and it will end up with huge loss only.

This is basically how markets work in general. Why do you think it takes years for price to climb in a bull market but it only takes a few months for price to fall back to the same level? Its due to fear. I am not talking about Crypto here but stock market in general.

Look what happened at the end of the year to the stock market. People were reading the news and seeing news articles about "2008 like recession coming back" and they all panic sold all their stocks in the red. And then it all quickly rebounded.

Its easy to say.... "just hodl" however if you got real money sunk into this then its not as easy as it sounds just to ignore the bitcoin price and move on with your life. It will affect you and every day that it goes down 5%, eventually you will panic sell to stop any further losses. And this usually means that the bottom is near.

Most of the traders want to make quick profits. When the market drops suddenly, many of them get panicked and sell their assets, as a result they suffer huge losses. All those who have been trading for a long time must have noticed that after dropping sudden the market recovers again, so there is no need to panic.

The negative effect of panic sales tell much on the market price at the time of sales and shouldn't be encourage. This has effect both on the investors and sellers inclusive, the state of the market price three (3) months ago was as the negative effect from panic sellers and bad news that were feeds in. Remember, those panic sellers will always regret their actions when cryptocurrency start its bull run.

Indeed. Logically it is not but when you go deeper to trader's mind there is something reasonable thing why they need to sell it. I personally prefer not to sell my coin although there is a great decrease on price since i set my price range when to sell it.

That's the easiest way to lock all your wallet into lost trades ending with bag holding shitcoins.
People do not zero their wallet due to panic selling. They are doing it by panic hodling.
All your rules are worthless.

Proper rules to EARN on market constantly:
-Open trade only if you know when will you quit it in worst case and if that loss is acceptable.
- Quit your trade as soon as you see that its not going how it should even if its way above stoploss or way under price you would like to sell
- Never ever PANIC HOLD
- (- always think that its not yet a loss if you dont sell it.) - that's bulls**t that works only is strong bullrun. You should think that all your money invested is 100% loss unless you sell it to $.

We should not panic sell. That's true. We should sell with our strategy (min acceptable price to sell set before opening trade) or don't buy at all, that's what you did not say and it's the only reason for not panic selling other than panic hodling..

- always think that its not yet a loss if you dont sell it. - Tell that to biconnect investors. Tell them that they did not loss their money. Tell that to every investor that invested into project that was delisted from exchanges and finally died.

You forgot one of the best weapons for trading, the STOPLOSS. Stoploss is the way how we will minimize our losses, we usually doing stoplosses for example our chart is invalidated, broke the support if we are on a long position or broke the resistance if we are on a short position. Thru  Stoploss, we can minimize our loss or we are far from liquidation (if you are using leverage exchange).

In the traditional market, what happens is that the vendors sell reduce the prices of their commodities to sell quick as the market activities comes to a halt. In the cryptocurrency market, some of the investors follow the same rule and sell low when the market activity comes to a halt.

This gives them negative profits and is not really desirable so hodl in such a situation is very important and one should know these ways of doing things.

Good advice mate indeed that's the only way how to stop lossing money especially if we already late to sell off. Panicking is a big mistake and patience is always a virtue.  So we should understand the situation because in fact it's just a temporary and so on market will stabilize again and again . No need worry actually!

There are no benefits from panic sell because we cannot make any profits. But in reality, there are many people still panic especially when the price is down. Although they have skills in trading, for some people, panic still there and makes them confused about what they need to do. I have those experience in the past, and it makes me getting lost, but then I realize that I should solve my problem frpm the panic sell. So I start to learn to control myself and slowly, I can prevent from being panic.

well so far the last year and a half has proved that most people specially the newcomers don't do panic selling until it is too late. the dominant behavior in altcoins has been bag holding instead of anything else. of course bag holding always ends with a panic sell but sometimes it is a good idea to do a panic sell when you see an altcoin is getting dumped hard on you instead of becoming a bag holder who continues losing money because he thinks if he sells he becomes a panic seller since he read it somewhere!

People who easily got panic are usually those weak hand holder and perhaps they are newbies in the world of crypto and there's a logical sign that they are not real crypto enthusiasts. Most likely those people have only wanted a short time profit and can't patiently wait until the market goes up. Well, we can't blame them because that is their belief and afraid much losses. If there's an opportunity we can guide them in a right way.

Panic selling is useless wherein can cause market growth rate to continue falling, and it's not safe also in my opinion because if you didn't get the right timing for sure there's a huge loss in your portfolio.  And once you panic sell and you noticed that afterwards it's gradually increasing again you will become unable to retrieve all. so we shouldn't panic sell at all the time.  Wherein much better to trade what amount you can afford to lose so that we can avoid panicking and we still have opportunity to retrieve all the losses also.

because I'm sure the market will go up and the prices of coins will also be quite expensive so that I can get promising benefits. so in trading in order to get the benefits you want you must still be patient waiting for the right time to make a sale

When the market stabilizes, we can get strong psychology and easily earn profit from trading but when the market has strong fluctuations, our psychology will easily go down and the panic sale will happen. I think this always happens in everyone so we don't need to worry much when that happens. I personally control this by using the trading tool to analyze before selling any coins i hold as it will help you a lot in important decisions.

Yeah they're afraid of losses because they can't afford having their money suspended for a long time. Long term holders very seldom experience panic in bearish markets. Experience plays a huge part as well in having your emotions in check. Sometimes panic can save you losses  but more often than not it causes the loss.

yes, losing is a part of trading. you should remember that anyway trading is a number of positive and negative deals. you can not trade positive all the way.

Sometime we can face continous loss on the fund we invested on any specific coin so please be careful while you plan to sell it. After you sold the coins you may find the price bump in the same coins in few days. That will make you upset on handling trades. I faced this situation many times in the trading.

Try to watch out the speculation before you trade more on trading sites.

Panic selling also creates a sort of hive mentality in people. When the price goes down a bit someone with a bit of bitcoin starts panic selling, and when he sells the other sees the even bigger drop and he sells and the other sells and all of a sudden instead of having bitcoin drop from 4200 to 4000 we have bitcoin drop from 4200 to 3600 because people were too afraid and sold their coins.

They even defend themselves like "yeah but after I sold it went even lower" well yeah because of people like you. If we could find somehow to stop or even find a way to slow them down they will realize its not going down and decide not to sell but since its super easy to sell they do it in an instant and that is why bitcoin goes down so quickly sometimes. We need to make sure panic sellers hold a bit longer and not react instantly.

You need to keep it in mind that this is a changing pace industry, you need to comply from each fluctuations that happens, with proper understanding you might have bigger chance to gain or to recover some of your loses, don't overreacted if you seen huge falls instead you have to be more realistic before deciding and always be positive so you can choose wisely.

Majority of people try to buy coins when the coins are on a rally. So, they buy high and sell low. This happens for every beginner and they panic sell when coin/ token make a down movement. Buy on rumors and sell on news. This is a strategy i am following. I used to panic sell whenever market shows a downward movement. Then, i learnt from my mistakes and started to be confident on where i invest and when to exit.

I still see most people that panic sell as what they are reaping for their greediness and lack of understanding, trading is not job that guarantees unshaking monthly income like the salary work that we do, trading requires skills, strategies and full learning which is the main problem of some people, they see it as get rich quick scheme and want to commit all their live saving with little knowledge.

If one is to avoid panic sell, the best way is to trade with money one can afford to risk and loose and not one’s life savings.

Panic selling hurts both market participants and trader himself. After reaching the loss level that you can afford to lose selling is logical to move by the trader. If a trader wants to hold and prefer to wait for recovery then selling in a panic, the emotional situation is will necessary IMO.

When we are lucky enough after we sold our cryptos due to panic selling the prices tend to decline so hard at that time we feels it is okay to do the panic selling as well.

I really not against panic selling but when someone doing trading for longer time then they should be able to control their emotions and lets decide what they need to do apart from the emotions running on their mind.

Sometimes I don’t really know why people panics. It doesn’t make any sense. You started this and you were aware that there is risk in doing it, so why then should you be afraid when the price is falling? You should also be ready to handle the risk as you’re also ready to handle the profit that can also come from it. Buh anyway, I wouldn’t be the type that will make a mistake of allowing myself to lose too much before deciding on whether to continue or withdraw.

Panic selling doesn’t mean that you’re losing or wining, it just simply means that the trader is selling out of fear but it doesn’t say they are losing or not. Sometimes they can panic sell even when they are making profit, because they think that the price is going to drop at anytime. Worst is selling when you have made a huge loss. It’s better to just forget about it and wait for another time.

Panic selling when you have been trading for a long time and even for a while will only make a loss, indeed we cannot oppose panic selling as long as they are aware and willing to get a loss with that decision. However, what I have seen so far, those who have made a panic selling decision will regret it and they are completely unprepared for all the risks they get.

Whit assumption that person have required knowledge for trading, stress and panic is number one enemy of making results. People usually react to tragically when are losing money. It is not pleasant but there is no such a thing as being 100% successful. Everyone should work on embracing that fact. You will lose once in a while and should not care to much about it. It is something that is only logical, should thinking about the results on long term. At the same time it is the hardest thing to achieve because our mental state is unsteady, it is different from day to day. If we could tune ourselves as a machines can be tuned, it would be much easier but its not the case. I don`t know how people can achieve absolute calmness but for me, that`s the key reason for avoiding stress and panic, therefore the key reason for better results in trading.

That's because there is no reason to make it. We are already started to recover slowly and soon it will move higher and higher which we could get more profits.

Our market changes its course all the time and if we saw a falling price isn't a big reason that we should have to be panic and sell our coins.  If we are aiming for good profit,  then we should have to learn how to control our emotions and to wait.

Sometimes the market is unpredictable even if you pay attention too much to it but it won't really change that's why it is just better to go and accept the loss only if it is not that big. Don't push too hard if you are planning to sell more with a cheap price, it will hurt you thinking that you have to sell them just because you want to recover your losses. Plan carefully the risk that you are taking there is no 100% win-win here it is always a win-loss.

Yea. In as much as you bought at a price that is lower than the current price, panic-selling will not be a good option. the markets are seeing a hard time now, but it will recover. It's only a matter of time. If you don't sell now, you don't lose anything. What if you panic-sell, you lose. Also, those who panic-sell will really end up regretting it when the market recovers, because the market will recover; slowly, but surely

Why we shouldnt panic sell?
The current situation's precisely the opportunity to buy superior crypto, specifically those who have a separate strategy in treating crypto. The meaning is we don't have to always buy 'crypto superior' as a new collection in our portfolio before we fully understand its risks and performance.
I think cryptocurrency will have a 'normal' price in the future, and even the price might grow above that, so now's the right time to put money in crypto format.
So, panic selling is the worst way caused by excessive fear of certain things, and usually panic selling's only driven by emotional factors. Maybe this is the stupidest strategy in history.

Whats a seperate strategy ?  You mean more than one strategy ?  Current situatuon might be good to buy coins because they their price is still cheap but not for some early hodlers   . as a early hodler this was already a good time to sell but there is no reason to rush or panic because the market is now stable  .


No its not stupid to panic sell , infact panic selling is also beneficial when the market is in high volatile state   . you need to act fast by selling your coins so that you wont miss the good oppurtunity  .

I believe that learning to trade should start with working on yourself. We must learn to cope with their emotions and soberly assess the situation.

One should always know when to leave. When the bitcoin price was at $ 17000, I bought it for $ 17000 and I remember hearing a lot of people saying it would drop to $ 5000. At the time I went research more and sold in the $ 16000. it was a good decision.


the market may never recover. look at many altcoins, many of them do not return to have the same high price of the past


How will you know exactly that the price is high?

Agreed on the statement, users suggest to read books, go through the advices and suggestions from the large scale traders who have earned good through trading. Until it gets starting working on one's own there isn't any possibility for learning as well understand the exact market situation. In the act of trading we may lose, but we learn.

trade is the emotional game of actors and ambition, if we want to get profit then we can control our emotions and ambitions, because both will always destroy us in trade, calmness in trade can save us from heavy losses if prices fall we are not trapped in a panic .

I should not call it an emotional game as that would never help you to be profitable.
We are trading for profit and we don't use our emotion to be profitable, therefore we should stick to the strategy that could make us profitable, it should be our mind and not our emotion. Not being able to control your emotion will likely result to bad decision.

I see those set of people as having indecision issue which is quite killing because they need to first know the reason why they are entering the market, if the purpose of entering the market is purposely for investment, I see no reason why they should panic sell since they already understand what investment involves before taking that part.

Most of the people that should be practicing what you have here should be traders or those that are using the market for payment purpose and not investment or trading, they could sell low when they need to have access to the payment, like me, I do work that requires that I am being paid with cryptocurrency, I have to withdraw it irrespective of the price I sell it because the money was payment of service and not for investment.

Sometimes panic sell could help us to avoid further lose but at the other time it could give us regret too. Truly, luck is also play a big role in crypto trading. If we choose coins from projects that we think have a good future, any conditions should not make us panic, but if we choose coins randomly, of course panic cannot be avoided. That is why we have to do an in-depth analysis before putting our money into crypto.

Most of the points you have mentioned can also be classed as human error because they chose to give in to all those emotional weakness by not working on them first before entering into trading, trading itself is not a difficult thing because if it was, virtually every one on it will fail but the approach to it by the trader is the issue which usually as a result of human error like the ones the OP mentioned and the ones you mentioned.

Is this specifically applicable only for crypto trading or for all other markets too ? Because, this is the first time I do hear that panic selling is good. After the long bear market, I do see many people are regretting not selling around November 2017 itself. But, at that time people may not be in panic but definitely in greed.

- Of course, any story would also have the positive and negative, although when we hear about panic selling, we will think it's a wrong action but sometimes that mistake will become lucky and as you say, we can get rid of worse things. However, the life and work of a trader cannot be based on luck and acting on emotions, that just makes us helpless and does not have any treatment when bad situations occur and happen to us, therefore, selling panic is not an action for traders, traders need to make decisions with their expertise and analysis, that will help them to have a foundation and long-term development with this job

Panic selling is a very big risk. At some point it maybe a wise choice but mostly its a big risk. Its like your feelings overrided your primary goal which is to get the highest price or convert to the perfect amount. Panic selling is more like of a bargain to everything you've sacrificed or waited for a long time. Its good to sell. But shouldn't be in a panic mode. Think before you sell.

Yes you are right also that panic sell sometimes save us from losses or give huge profit.
Suppose a trader brought a coin at  1$ then the price suddenly pump to 3$ then he should sell the coin as soon as possible. So more panic= more profit.
Again if the price dumping from 1$ to 50 cent. And from 50 cent suddenly start pump to 90 cent. And dump again to 50 cent. So at thus situation he should sell the coin at 90 cent panic with 10% loss. Then he can buy the Coin at low price again.

So I want to say panic is not good but sometimes it can be good depending on your luck.   

Does holding our coins for many years makes sense for now? Cause I don't think so. Even we keep on holding never have guarantee that we will be profiting for this strategy. We know how volatile our market and we even not get sure if it work well in the future. Since it have its value why we shouldn't do it?  In fact, it is open to buy again if it have a good market trend.

Everyone knows panic selling is not good decision, it is good to hold and to wait, if you will wait it will give you good result as big profit, investing is only good for those who has patience and can wait till the price recovers faster and makes money for you, so be a good investors and never sell your coin at panic, good time will not take long to come, be patient.

At first, every bad deal was very painful for me. I was very worried about the lost funds. But then I decided that this cannot continue.  I've learned to part with money more easily. And I noticed that my trade has become much more successful. So on my example, I can say that the panic never leads to anything good.

This one sounds so easy and yet when you are on it, you would't know that you already violated the number 1 rule in trading which is BUY LOW, SELL HIGH. A trader needs to overcome his emotions to be able to follow this basic rule in trading. Most of the time, panic causes a trader to sell early even at below the price when he bought the coin. So bottom line is learn how to control your emotions.

Exactly.Never trade with your emotions because it will only make you lose most of the time.Just learn to be more patient to wait for its perfect time to sell so that you will really gain your desired profits.Keep on holding your coins and only sell it when you see the market price is in bullish already.Because it is only in panic selling that you will start to experience losses.

I understand people selling theur bitcoin quickly
They grab the opportunity of small percentage of price increase
Its means some people didn't understand well what is bitcoin capabilities they use their emotion

panic is usually because traders are not ready to lose, this can be dangerous if they don't take the right action quickly so we can lose our money. then careful preparation before entering into trade is needed. do anticipation if things have become worse.

There is a panic when the price moves, whales can make a decent income with just a small price movement but most of us don't.
So when they want to take profit, they will just sell and it will affect the market, and because of panic, sometimes it's oversold where they would also buy.

Exactly, that what the most important when it comes to money, couse if you want to become a succesful investor or a trader you need to start working on yourself to handle what your thought that can trigger you fear.

agreed on this because prices are volatile and we cannot really take on what we are looking for.i have done this before that i panic selling for an altcoin while my friends telling me to stay holding because it will grow day after,but i sold them all and you know what hppen the following day?zthe coin totally dumped and until now they still didn’t recover from the buying price so when i am happy from pofit they are regretting for losses lol

Thats why before you trade you should to have a good plan. trade with you can afford to lose. so the risks in trading won't make you
tremble, you're right people panic because they're not prepared to lose their money..

Let them panic; other, more relaxed traders will make good money on them. And those who panicked will get experience, which is also important in trading.

Maintaining panic is a way to achieve success. When we are in a panic situation, we will find it difficult to make a decision and when we cannot control it, we will find it difficult to achieve satisfactory results. Controlling your emotions well can make you make the best decisions.

Yes. That's the most problem of traders now, especially those newbies. They don't even have a technical analysis or fundamental, they don't even try to chart, identify supports and resistance. Some of them are just trading by just hype, some of them hooked in social media, mostly on Twitter, telling this x trader to buy this y coin.

Can you picture yourself asking this same question to some of the investors 9 years ago, what answer do you think they would have given you and what played out now, many of those investors during that time that doesn’t see sense in holding the coin ended getting themselves full of regrets, what of people that even got it free and at $100, they still kept holding, so holding is not a bad thing to do now because the market is too hard to predict but if we are to play smart on the market, hold half and use the remaining half to do whatever you suggested  its best to do.

because I believe that the market will come back soon so I'm not in a hurry or panic selling my coins, because this year will be a lucky year for crypto currency holders

Based on the disadvantages of panic sales, its shouldn't be encourage either, letting them know the potentials of HODL or being a potential skill trader is better. With what happened last year that brought the entire market down to bearish mode, was panic sellers momentum movement, which was wrong movement. If you can't Trade then Hodl and don't panic sell.

Panic selling should not be done, because the same is a result of manipulation by the whales. When one sells the next side the whales invest buying the same. As of now the market is completely unpredictable, now the whales manipulative limit has decreased as people have got much aware of panic selling defects to the market.

Exactly you were right dude, once you sell at the low price you purchase you will loss of course.
As a traders, we need to be a risk taker, meaning, you are always prepared for whatever happen whether it is good or bad in the
market. Just always focus on your target goal when you do trade.

Thanks for the information that you share on us. I read the single information and it's good for the newbie to read that so they will not be panic when they are in trading. Emotion is not needed in trading because as a trader you need to hide it to not cause for you to panic.

Yeah upto a certain extent you are correct OP.
To be honest, who likes losses? So people become more protective in to save them from their losses.
So they panic while trading which is a great disadvantage if we look into deep in this matter.
Trading need to have a good presence of mind in order to avoid losses. But people often panic and fear to buy or sell their assets.
If they look to the growth of a particular crypto for a week or so then they goona definitely make profit.
Fearing and panicking is a natural symptom IMO.

I too trust my investment that market will recover very soon and I will earn good profit at the end, so I am holding with patience and waiting, holding your coin is really good as it give saving and makes our money rise more than double, panic selling is lose of hope which is worst for a good investor, so I am not losing for panic.

If they panic sell, it will still have its own negative effect on the market, even if others will make money on them, it will still create a dump market, if we take a look at most of these altcoins that get very low value when they enter exchange, it is because of lack of trust the investors have that makes them to dump the coin once they see a little increase in the price when they enter exchange rather than holding on to that coin for future so that the project can have time to pick.

This time of the market, we need more of buyers to enter the market and not more of sellers; we can’t afford to lose more holdlers or buyers now.

Practice of patience is the main key of crypto trading. Panic is really to dangers word on trading platform. Its true most of us we losed fund due to panic sell. To be honest I was also losed at the beginning. But I am still practising for patience. I am not going to sell on loss anymore and I am not going be a to panic seller. Never mind if I have to hold two or three months at least recover or get some profits. So everyone should practice of patience in order to avoid loss.

Panic sell can be good or bad thing according in which level we bought the crypto.  Panic sell will be good in the end of 2017 and can be bad thing for now because current situation of market is oversold and have opportunity to rebound. Now its times to hold and dont panic sell. When price high we dont have idea when to sell it because difficult to predict the highest price so use trailling stop will make safe our profit.

Whats trailing stop ?  Is that a new trading strategy ?  I never heard of it before  . oh well,  i agree on the rest of your comment that panic selling is time dependent .  we must set our goals or if what price point will you sell ,  for example tommorow the price can go 5k usd and you goal is 5k usd , thats the time you will do panic sell because you never know if the price can fall again or not  . just always secure your profit than being greedy  .

At the time of panic each and every decision made by investors will not be going to end with positive that's why the experience people will say don't take any decision if you are in stress and panic.

The fact is that the panic mood of all users of cryptocurrency will be intensively used by those who are always trying to manipulate the cryptocurrency market. The information space is very often used for that and therefore we must always carefully select the truly truthful information, and only take it into account.

Do you know what I consider the perfect instrument to trade? Well, that's an asset you believe in long term. This way IF you're trading spot you don't need to worry too much if you have a losing trade especially if you're playing with small positions. But you should always good risk management.  If you have a set in stone stop loss you won't ever panic sell.

Of course, if you have assets, whose prospects you are completely sure of, then it seems to me there is no point in even selling them. Such assets usually need to be left for long-term storage a comma because when using daily trading and, in certain situations, such opportunities may be lost.

Panic decisions lead trader to emotional trading mode and there is no other way around. Panic selling can cause the sharpness of downtrend bar that will make pressure for more selling.

I lost a lot of money when I started trading because of panic selling. I made the usual newbie mistakes of not buying at support, being impatient, not doing enough research and panic selling when the price plunged. Almost every single time, the coins bounced back up a few weeks after I sold them. All I needed to do was to exercise a little bit of patience.

This can’t be stopped in anyway because panic selling is already here ever since, no matter what we say if those people will sold their coin at a loss the market will still go down. As an individual trader we must know how to be focus and not to panic at all, that’s the best thing that we can do when the market is dumping.

Because that's where the good or veterans traders make the most money. It's just a psychology game where the weak sell when they see FUD while those that have strong minds will buy it and accumulate when things seem to look it is over when it really not. Just remember that when you panic sell, you are making rich people getting richer and richer.

Gambling and trading are way too different. I think that trading becomes uncertain just because of the down market.
It is just something that is never perfect. But, you do not always loose in trading. It is a mater of the market cycle.

When the market is good enough with the prices of some of the coins rising, it is always a perfect time to trade. Like the present market which is expected to rise in days to come.

I don't think he's comparing gambling and trading dude. He's saying that there are certain aspects that are applicable to both, like only spending money that you can let go. And he's right. Both gambling and trading have uncertain results and big risks and it involves your hard earned money. Panic selling is a result of seeing money you can't lose being dumped away.

I agree with you that we don't need to use emotions in doing tranding, prices that are not according to plan are common in the world of tranding so get used to it so you don't rush to do panic sell, and losing patience is the main key

Well sometimes panic selling gets you out of the most dangerous situations even though you lose quite a bit than losing half of it and worst case you're stuck on trading because you need to recover the loses. Panic selling isn't a bad idea for beginners but panic selling won't gain you anything at all and if you develop this attitude to another level I think you're doomed in trading.

No, I don't think we need to be too focused to get stressed in trading. When stressed, our brains will not work best and it is easy to generate negative thoughts that affect our portfolio.
We should be comfortable and have a cool head. When you're comfortable and happy, your decisions are often very smart and reasonable.

in fact we are tested to be patient. we cannot avoid reality even though it is a very bitter reality. similarly we are tested by the current decline in crypto prices. for me don't stress being patient is the main key. even though I lost a lot when I invested, I kept my assets and I would not sell them so that the price was profitable for me.

Yeah don't panic sell only if the coin you are trading is a valuable coin that you believed will still continue its growth despite some blood dip circumstances, start to sell even at a loss when the coin that you bought doesn't hold much of value because that is probably just a shitcoin, in terms of value, you must look what's the purpose of the coin and see if it has a product that can be easily accepted by community because these types tends to go in a long run.

But other than everything, you must learn how to set maximum loss that you can take to avoid getting hurt big time.
If you are a hodler just hodl till you meet your highest expectation, tho it might take too many days or years before meeting your expected price.

right, being calm is the key point. just distract from this issue and you will find a way out almost from every situation.

When the cryptocurrencies have to be falling again and again it will be a huge panic and fear for the investors but it this situation will be the most important time for the investors to stay Hold On and make his confidence more higher otherwise it will give the loss only.

Thank you for the input you wrote here. I was very sorry when bitcoin stepped on the price of $ 15000 I didn't sell it. Even though I have 2 btc at that time. In fact, I bought an altcoin which now means nothing. :'(

I know you are something disappointed and have some regrets in your heart but it is already happen and we can't bring it back. It is some sort of learning's  for you and for everyone, aiming to much sometimes will give us also failures but we don't need to blame our self cause we think that is good and it could bring us more money. It is just happen that it never give some favor to you and you loss some opportunity with that.

Like you there are many people who did same thing when the price of bitcoin is very high. But people managed to buy only altcoin which those coins prices are very low in the market. So instead of selling them for low price now it is good time to buy and grab the coins in the market.

Patience is likely to affect your psychology. Most people are patient in this market but when the value of the coins you invest decreases, you will have a different state and easily sell panic. I think emotional control is really difficult and very few people can keep calm when the market falls but if you can control it, it's best to choose a good coin to long-term and you will definitely earn profits

Exactly.Even if the market price is still low at the moment but this is a good opportunity to buy more potential altcoins which for sure will give us good profits once its market price increases.As long as we keep on holding them and as much as possible avoid panic selling,we will not lose our expected profits.

Trading is not easy for any investor or traders. Market prices go up and down continuously. So it is difficult for us to control them. Panic psychology always exists for everyone when prices low down even those with experience in crypto market. Important we know how to capture the market trend and a little luck will overcome panic and fear.

because this year to sell in a panic situation will not be able to get good results because the market is still like this condition, so what we have to do in order to get the desired benefits better you have to be patient waiting for the market to rise again

I think that this year will not bring us positive emotions due to its stability. Although, if we take into account many forecasts for the end of 2019, we should nevertheless see at least 50% up to the current price level. But something I very vaguely believe in it.

Our ability to make rational decisions can be affected by oir emotional state, a person who just won a lottery for example will pay less attention to risks,someone who just lost money may also not be keen at identifying and picking good deals because in both cases we are at "elevated levels" emotionally. For experienced trader,they avoid avoid trading at those time. Best results are achieved without emotional sentiments and trade tools such as "stop loss" are deployed even at the beginning of the trade,to help you when emotions are high.when you sell in panic,often they are poor decisions (,except there is something fundamentally wrong is happening)

One thing you have to consider before investing, trading, or anything else that involves a huge amount of risk to your resources, is to keep your emotions from getting the best of you. Emotions are what makes us human but this can be a double-edged sword when involving financial decisions and investments.

In addition to panic-selling, one must also avoid being on a rush and panic-watching.
There was a survey gathered about investors and the results overwhelmingly reflected that investors are always on a rush in making profit. From this standpoint alone, if the market falls or becomes highly volatile, they may actually decide to pull-out their investments as they fear of incurring losses.

Obsessively watching the market during a bearish slump can also hamper your decision making skills especially if you disregard time as the focal point of the subject. It is always advisable to always keep your head cool as these can either make or break your investments.


I am still waiting for the materialization of Bakkt and their physical contracts as this would significantly boost the price of bitcoins. With its adoption comes Starbucks as one of their partners, one can construe that the coffee chain may actually implement a feature wherein one can have an option of using bitcoins as their method of payment.
I do believe that it is rather vague that the price may increase up to 50% like what happened year.

Because we are going to sacrifice that once the market down because of the panic seller so better fo us to prevent panic because there's no benefist will get on that only losing money will get. So once we invest to crypto better to relax and be patient to increase again the value of the coins here at cryptocurrency. I hope everyone will be relax with a simple way we will up the market in short time only.

Perhaps the most important thing is self-control so as not to panic, because panic can make decisions irrational. For example, a downward price, of course panic forces to sell so as not to lose too much.
But common sense must think that the price decline is long or only brief because there are negative issues, so it can be decided to hold or sell, even if the analysis is good, keep buying because prices are predicted to rise. This is logic and crypto traders must master it.

I think if we have trading skills, I don't think it's difficult and it's very common for the price of coins / tokens to go up and down. and most importantly don't panic sell.

This is exactly the reason why we have built https://niffler.co (https://niffler.co) the cryptocurrency exchange simulator. People on our platform love to see how they perform without the fear factor of losing real money. This teach a very important lesson - never make trading decisions based on your own emotions.

You have to dare to be a lion when many traders become goats. You have to be brave enough to risk because it could be your advantage, falling prices do not mean time to cutlose, you analyze whether prices will rise again, and take the risk of buying if there is a chance.

Better to have a good mindsets that your invested money can take some more time before you can accumulate more, instant benefits should be taken away from your thoughts, you have to be more patient waiting for the target benefits, as time will come for those who can wait and the benefits will more and success will be achieved.

when you believe in the potential of a coin, or a project, of course you don't have to panic about what's happening to the market. well, a lot of people panic when the price goes down because basically they are just waiting for the pump which is not known when it will happen. well, I myself am still holding back some assets when the bitcoin price drops since 2018.

You only missed that chance and it doesn’t mean that it won’t come again, provided you invest in a very good project, there will always be a balance, this might be a wrong advise to you, I don’t know how  much you bought BTC before it rose to the price of BTC you failed to sell it but now that BTC has bottomed, this would have been the best time to also still buy more if you have the fund because it will always balance up and cover up for the missing part when it rises back to that $15000.

Just still have faith in your coins, at least you have learnt your lessons not to be a greedy type, but at the same time, we still appreciate you for not withdrawing and further more crashing the price of our bitcoin then.

Indeed, selling in panic only brings unnecessary losses to us, like the situation right now, selling in panic will bring about a huge loss when things have fallen so deeply, instead of choosing an inappropriate and unfavorable plan for us, we should be more patient and find other methods. It is possible that we will continue to hold until the market recovers or we can cut losses but on the condition that we know what we are doing, and we do it with a calm state, without panic, that will help the loss gradually decrease to the lowest level

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.

I believe that if you are entering the world of cryptocurrency, you should have the knowledge about the ecosystem and the market and that the fluctuations if exceeds a limit of time may be panicking. Once you have these things on your mind, you would be very ready to hodl in case of down market and panicking would not be a factor to care about.

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.

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.

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.

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.

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.

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.

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 ;D

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.

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.

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.

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.

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.

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.

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.

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.

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.

Of course It's very very important to control our emotions while trading or holding crypto currencies. Otherwise we may take wrong steps and for which we may face big losses.

Already, panic sellers finished sell their money at the end and coins begin to gather in stronger hands. The price pauses somewhere because there is not anybody to do it anymore, and it does not go down without reason.

because if we panic, we will make a very detrimental decision, therefore we should not panic in any case, including when we see bitcoin prices drop when we buy bitcoin at the current price, it turns out the next day falls dramatically. keep calm and patient and NOW we see the price of bitcoin being raised again.
the key is to control our emotions.

because in panic, everything we decide will be very bad to do.
with panic and emotion you will feel sorry for what you have done.

LOL, I have so many time wondered too why we pay attention to panic selling alone while we tend to ignore panic buying which you called panic buyers and it is true they exist, we exist because I have so many times falls into this trap a lot out of the FOMO and it keeps working against me, same thing happened to so many of us during the last bull run.

We started panic buying when bitcoin was almost getting close to $20,000 because of the fear many of the news and social media created then thinking BTC will continue mooning to 1 million dollars, it was really funny with the magic BTC did. People like us also need advises and not panic buyers alone,

It is surely not good to sell at panic and you had lose only because you were not having enough knowledge and traders are already guide well before getting in that never panic and panic is other name of lose, don’t bother your determination if the price in market is not that high to trade, I am patient enough and I am purchasing more coins at this dip.

yes, from someone's panic, it can actually be used by real traders and big players to buy more at low prices. coins that have been sold by panicked people will definitely change hands and the coins they collect can be held for a long time so that the price of coins (Bitcoin) they have becomes very valuable on the market

My tip will be; lessen greed while making position,and lessen greed while taking profits. This is another thing that define a serious trader.

Exactly.Controlling our own emotions when trading is very much important to avoid panic selling which will really make great loss in the end.It's a natural phenomenon seeing the market in a low price but this is just a temporary one that is why we should always stay calm when bearish comes and keep holding our coins to avoid losses at the end of the day.

Well, personally i think we should say how to know when to panic sell. Fact is that, trading always have the panic sell in the game, and so is panic buy. The best thing to do is to know when to panic sell by reading the charts very well. Anyways I'm in no support of panic selling.

Panic selling doesn't understand the chart and doesn't know the rumours and news will only be a regret in the end, but when these things are well understood and known with research, selling and buying are not in the panic category because he will do it more calm and good confidence.

Panic selling is as a result of not having trust in one trading strategy in the first instance. And another thing is that people do invest what they cannot afford to lose or hold for a long period of time.

That is the most reason why people could loss their funds. In mostly cases, new adopters haven't trust towards crypto and the sad note is that they keep on complaining for being in losing which is not actually be good.
This is how important we should know crypto at first before risking our money in here. In such a time we understand why prices goes like this and not go for panic selling.

They only see the chart actually, but has not research the reason of the chart movement.
It's very common, especially for newbies, they tend to make mistakes because of their lack of knowledge, but let's hope they'll grow by learning from their mistakes.

Very good tips! Thank you

Most of the people will think in the same way but when it comes to reality it is impossible to control their emotions in the market. When they make profit they start selling and when they made loos they start selling. Panic will makes us to sell them for cheap prices and as well as at the high prices.

They make their decision on their own, if they panic or they are not good in controlling their emotion, they will never be successful.
Truth is, when some people panic, some people make money on their wrong decision, that's the game here, we should be on the smart side, thus panic should be avoided if we want to survive and be profitable in this market.

  Emotions are useful for trading because being an experienced trading I know it is not good to out your emotions in trading, lime if the price is low you only need to be patient and hold your coins trading for low price gives bad effect on our profit, panic selling is full of lose that’s why never panic even if the price fall tests your level of patience.

As a trader, of course we will not only see the pleasant things. There are times when we have to make a quick decision when prices are not friendly with our position in the market. Cut the loss can be the best thing to do in a bad situation to avoid deeper decline and bad feeling. But there's no need to panic by making a quick decision afterwards to jump again to the market without in-depth analysis.

We can always cut our losses if we think we are losing too much through postponing our trading activity. We can always take a break from a market that brings pressures to us. Panic selling was never been a good choice of cutting our losses because we will only make losses once we started to sell off our coins below its cost price.

Actually the situation of doing trading most of the time we feel panic and it is not only for few traders, i realize most of the traders felt panic during trading. So it is common thing and mistake is that when we do wrong thing during panic situation. Like we sell our coins when we see continuously the price is downing.

We all trade with emotion no matter how strong or pro we feel we are as a trader but what makes us stronger and better is the several mistakes we have made in our trade by panic selling, from our losses, we will learnt to improve and get better till we become perfect in controlling our emotion and fears for trading.

Like for me now, this is almost my 15th years in trading which I even senior crypto trading based on my experience in forex, with all these years of experience, I didn’t come out of emotion trading until 2 years ago. So we can all become perfect and stop panic selling after several lessons our losses must have taught us.

Panic on trading is common. This happens with most users and the major reason I personally experienced is the loss that I experienced on making a trade. Human mind is ready to accept win, but unable to accept loss. This is the major reason, once when we loss and on consecutive trade the mind will be full of panic whether it'll get profit or not. When in trading should not go with a panicking mind, it'll surely disturb the trading potential.

I totally agree with you. Panic sell is the most disgusting thing in trading world. People loose their money and they can't rise again there life. Avoiding fake news and panic news is the most important in trade life. You have to believe that sometimes you can loose and that's totally natural. So deal with it and be patient. Have fun with trade... ;) ;)

I agree with your thoughts. Everyone has the mentality of winning in this market and making a big profit is what makes them most interested when investing. I think this is really wrong because the market has not shown great stability and any investment will be risky so when the value of the coins falls, they easily lose their temper and sell panic to secure their assets

Well, panic is really a hateful thing in trading and it's always a mistake that anyone can't escape, we are always ready to handle it but until it appears, we become frightened and led by it because what panic attack is our psychology, and psychological defense is very weak defense of each person. However, we should still thank this hateful person when it is helping us gain more experience, more knowledge about the market, increasing patience, limit panic in any situation

Yeah the statement is well said.
I am completely agree with your statement buddy.
If you are not capable of bearing or handling loss then dont even try to trade or Gamble cryptos.
We can witness many incidents from the past that stands as a remarkable evidence in order to prove your statement.
I can say "Yes" to trading but for me to "Gambling" it's a big No, as when You Gamble, you surely make losses.

because everyone knows what to do best when market conditions are like this, so yes there are not many people who suffer losses because they believe they will remain patient to get the benefits they want

Accepting losses is very hard for most traders especially if it is too big that most of their investment might get burned in the future. That's why it is too common in the market but to those who have long experiences in the market. They know how to handle the situation in times like this and they don't get easily fool by the news.

Patience is great but you will have your own limits when you do this. I think when the market falls, very few people can be patient to wait because most people tend to sell to secure their assets. In my opinion, making a profit is only suitable when the market enters the growth phase and will limit the panic selling of everyone.

But sometimes panick selling saves our asses when the price suddenly drops hard,and we had seen this alot here.but in totality panicking is not part of being investors since the value of coins are indeed as volatile and pumping and dumping happens all the time and to be a crypto investor?we must be ready on all this aspects

to avoid panic sell my suggestion is not to believe too much what people say, although many say sell for example, it could be that they just want to get a cheap price by compiling people to sell their coins

Panic is a normal reaction to this problem when the entire market falls unusually, and i believe everyone include holders and traders will affraid and may have made a wrong decision, but that is what normal people do. In this market, it is obviously that cryptocurrencies is not always stable like any other markets, it is unpredictable and can be manipulated by big holders, so no matter what we do, think carefully because just a sell order can bring our entire money loss and make other people rich, stay away from panic actions and comeback when the market is in good condition.

Still not a good attitude, any decision when done because of panic is bad, you will not survive in this market without a good strategy
in different market situation, you are treating trading as gambling which you only rely on your luck, not on your knowledge.

Yes, you are right. But sometimes man makes wrong without any reason! Like before yesterday I sold my atom tokens Because I don't want to hold every coin I have. But after selling, ATOM coin price went to 248% UP! Buy low and sell high is a very common strategy and everyone always tries to do it, but this is not perfect for every time. Sometimes I am to sell under profit and then again buy from a deep to equal the profit or investment!
Panic sell most of the time turn in loses. But sometimes it can save you from massive losses too. No one can ensure you about what's going on next, So, we need to be patient in a bad time and should learn from every incident in trading.

Before you start a certain trade, you need to note down and strictly follow the profit booking and stop loss targets (these can very depending on the coin and the market). This is a very important strategy for stock market trading and it holds true for crypto trading as well. If you chose to ignore this advice, then may be for 2-3 occasions you may escape without major damage. But eventually your overconfidence and indiscipline will put you in a catastrophe. Just check the past threads in this sub-forum. You will find hundreds of examples.

Yes ofcourse panic selling contributes more to the dump situation whicb in turn leads to decrease in price fall.The new traders must invest keeping in mind the risk and volatility factors and keep control over their nerves and keep calm in these situation.This is way by which panic selling can be controlled.

panic will only hurt the trader.  when we panic we can no longer think clearly and see the opportunities that exist so often the decisions taken in panic make traders lose and regret.  true traders won't panic easily.  they analyze the market more than just panic.

People normally panic sell when the market is unstable to avoid losing money. I don't blame them because they just want to cash out from the market. It's totally normal for me. Once the market starts misbehaving you can get out but the best time to get out from the market is when the market is bullish.

Sometimes it is a good idea to panic sell, it really depends on the situation. If the "Panic" just kicks in then sometimes it is a good idea to just drop your bag immediately and chances are you will be able to buy back your original bag at a way lower price. Meaning you will have more coins + profit.
It is usually a bad idea to panic sell if its late panic, aka the huge drop already happened.