Bitcoin Forum

Sometimes when a coin pumps hard and starts to dump, novice will panic sell due to fear or other reasons, while the whales will buy up the dump and mop it all and then pump it even harder.... So don't always panic sell, be in control of your emotions, although it isn't easy, but with practice you will perfect and master it.......Every new trade is a journey and a new destination...... Always dyor

What do you think about this circumstance ? am i overthinking this ? share your views.

This is easier said than done. Sometimes others know more than you and dump for a good reason. The right way to go about it would be to acquire as much quality information in the shortest amount of time possible to make a decent judgment. Coins can crash for very good reasons.

Better be up to date about the assets you hold or otherwise you'll act without awareness of any fundamentals. Ignorance isn't just good advice when a coin dumps.

It can be good for only those coins/tokens which have great fundamentals and strong support level on price chart. But it doesn't make sense to hodl any coins/tokens which is influenced by famous persons and novice are pumping by being into fomo. BTW, we need to control our emotion to be a successful in any situation whether it's bull market or bear. As always, DYOR first and don't invest into shitcoins even if those shitcoins pump a lot.  ;)

The first mistake of a beginner trader is when they start buying when the price is rising (pump) and buying it when it is at its peak and they start to panic when the price is dumped so they immediately sell their assets even though it can hurt them.
This is my personal experience because I was like that before

advice for beginners, before we trade, we should first know about the ins and outs that we will work on
when we started to like crypto, first learn what crypto is like because everything must have consequences

The most important thing when investing or trading is to have entry and exit strategy, once you stick to this you will be fine, at time a coin pump and there is something in you telling you that it is likely it goes up more so leave a small portion for this portion. But when you have a sense that a coin is overvalued just sell and run because the dump is always mega dump and you can lose all your gains

You're not overthinking because that's the number 1 problem of most investors and newbie traders. The experienced traders won't panic sell if they've bought a coin that they really are familiar with. And the wrong strategy that they're buying at the pump should also be changed but you cannot take them for granted because that's how they started. In the end of it, they'll learn through their experiences and won't commit to panic sell.

No you're not, OP.
Actually it is common bad habit actually whenever their "hyped" coins or like whale dumps, they will do a panic sell along with everyone, but then whales would just hunt their sold coins turning it into their favor for future purposes.

If you are in that situation and conditions, I do not think you can stay calm and not panic because it is hard to accept the reality in front of us. Maybe we panic for a while but then we remember that we need to stop the panic and search for the other way to prevent the worst thing. That is why we need to have the experience to help us find the way out of that situation. It is not easy as it said but it needs more practice and more experience to remain calm.

Sometimes you should sell.If you have seen it in last few months for example ETH it jumps and dumps and then jumps again
Many times i could have bought the dip and earned more.But i was scared of not dumping on highs.I earned overall profit.But selling and buying could have earned me a lot more

Yes, you should always focus on strong and top-ranked currencies in order to avoid panic during the dumping process, in fact trading needs discipline and emotional control. The stronger and more convincing you are that the currency will be profitable, the more likely you will be. So why panic?!!!

You are not, that's just the reality in crypto, once the bear market comes, we will witness panic selling and now we are in bull market, we are seeing panic buying, it's just how the market cycle of crypto is happening, so it's just easy to predict if we are just patient enough.

I've been using a simple strategy which is to buy during bear market and sell during bull run, like I said, it needs patience especially on waiting the bull run.
This time is suppose to enjoy selling already while newbie are buying.

Actually you're right, but maybe for some people it is hard to resist panic or fomo when we see a coin pumped/dumped hard. I until now still can't control my emotion although trade in spot trading which make us can hold the coin as long as we can and no liquid or margin call, etc like in other style of trading.

it's a tough thing in an emotional trading system always rely on shouldn't be careless in buying or selling tokens because it can make us hesitate, most beginners they see coins that are going up then buy them once the price goes down they sell back my view can hold a token or coins that have good potential continue to hold when the price drops in this situation, we can adjust the chart in trading on each token that we trade patiently that's the key

It depends upon multiple situation, the coin you invested expecting a pump and if you invested to ride the pump then you need to get out as soon as possible as it will be hard to predict when the next pump would be and you do not want your assets to be stuck for a long time, you can always book your profit or level your capital and wait for the bottom and then plan on reinvesting again.

its not so easy especially when the profit is kind of huge to the eye. the thought that comes to your mind is to cut lose and not lose it all because it can keep on going down which will be more painful. but with determination and believe in the project you are holding, you will always find reasons to hold even if there is dump at any point.

This is how volatile the cryptomarket is, in just one snap all the pump will fade a way and we’ll back into a big pullback, now its happening and I’m sure even if we tell not to panic people will still do the things that is out of their plan because of their week emotion.

I just want to put DOGE as my example, after hitting its new all time high the price went back for almost 50% dump, and I saw a lot of people on social media panicking which is not good at all simple because they don’t have any stop loss price and they are just joining the hype, we tend to panic if we don’t have a plan at all.

A newbie, may not know how to get the right choice and decision because mostly, they only follow what their friends or public figures that they are following.
Buying a coin without any DYOR, moreover at the top price will always make someone new in the crypto world to be panic once that price is going down. although it is actually a very usual condition in the market where the price will be a market correction after the pump, for them, they may be not ready.
That is why it is always said that whenever we are going to enter the crypto world, we must be ready for the risks, have good management of risks and emotions, also funds.

A good mentality can be built when someone was facing so many problems and in crypto case, someone will have a very good mentality when he already faced so many difficult situations.
That circumstances are always happening in crypto. So many old - pro traders were also starting from the newbies and this newbie was getting so many experienced and started to be professional traders or even whales.
It's always started from nothing to something. You are not overthinking about that and don't worry

Well, this is true and I would only agree with this statement in a bear market. See for example, last year when BTC dumped to $3800 or so, people had panic sale but they are the loser now.
On the other hand, look at DOGE. It has pumped to $0.45 or higher, now it’s getting dumped. It's very possible that we soon will have the end of the bull cycle. Don't you think DOGE will not recover till the next bull market?
That's why I think panic sell is so bad for bear market but in a bull market, if you are in good profit, sell and enjoy the profit.

Each investors will certainly have their own strategy, we don't know the exact whales strategy as you have mentioned. When some retail investor is punic buying then the whales will try to pump and otherwise when whales is selling the coin then retail investor will start buying. And I guess that situation is not always right because pump and dump will be based on the situation.

I mean, whales will pump a coin when there is something good (good information) come to the coin itself. So as they will confident to buy the coin in order to make many profit. Take a look when the bearish season come, how many altcoin that getting pump? I guess there is nothing altcoin that getting pump.

If we think that panic selling mostly happens to noobs then I could say that we are all noobs. We simply can't deny this, we sell for a reason, we sell because we are worried that the price dumps and it is just likely the same from panic selling.
I don't think that would be the appropriate name for this, we eventually did this, kinda a habit that everyone takes action. We can't hold our crypto for a lifetime and we can sell it anytime if we want.

Most of we are panic when we see dump of a coin after pump. We have no idea how much dump can be. As a result, we quickly sell our coins. Once sold we see that after a while the price of the coin has almost doubled. As long as there is a bullish trend, there is less chance of huge dumping of coins. We are losing profits just because we can't control our nerves.

Easy to say but it really hard to be followed even if you are an old trader or does have experience.These panic situations are common and sometimes cant be resisted

even if you are already experienced thats why molding yourself to be emotionless into this market does really take a long time and it wont be an easy journey.

Sometimes panic selling does have its pro's too on where it do save up yourself into further losses which might result into a long term hodling incase you've decided to hold.

This is a great attitude of whale investors, they dont panic when they saw a price dump but instead they buy and accumulate another number of their hodlings to increase it. Just a tip for newbies when you see that the market is in red days that is the time to add on your hodlings and always keep in mind to do not panic sell because always remember whenever you the value of your hodling goes down as long as you do not sell it, it will always the same amount of your token hodlings.

one thing that will help you in this journey is to know the background/foundation of the coin you are following with. because if you are just blindly trading, the chance of losing it all is really high.
if you know what is going on with the coin, you can assess whether to sell off or not, or just wait for the better timing. one warning signal though is if the devs are just quiet and seems not doing anything.

Panicking could happen to anyone in this space because there isn't certainty in the market movement. Its possible to do your research and the market goes a different route. I feel the best is to avoid buying when a coin is pumping because you really can't tell when the market correction will come and that could lead to the fear of the unknown.

Actually, after going through a few corrections from the market, I no longer feel fear when the price goes down. Because I firmly believe it will soon recover and increase again. This time there are also many new people entering the market so confidence about it will grow again.

Dude, there will always be a winner and loser. You will never see someone that got profit from the market when there is no others who have been loosing in the market.
Usually panic sells will occur caused by user didn't have a good mentality. Those noobs are new users and they didn't have enough knowledge about crypto and market.
Sometimes even the expert trader can get the panic sell as well. It can happen with anyone.

You are not overthinking because that's correct.
But, can you really hold yourself when you are at that moment?

It's not an easy task when it's your hard-earned money that's on the line. Of course, you always want to save it first before it goes deep.
Questions like "what if it goes lower in the next few days?". You want to save it and buy it back at a lower price or just cash it out with ROI and a small profit.
Those emotions cannot be easily prevented. It happens.

Yes, I think due to the current state of the market and most of altcoins today are uptrend making us to feel confident that the price will go higher after few corrections. It's a great time for us to do trade at high potential because the uptrend around the market. A lot of adoptions going on and newcomers try to do investment in cryptocurrency.
I agree too not to sell when the price dumps, that's one thing we can't avoid it when we are new to crypto. We are thinking that we will lose our money, but the fact is once we sell we already lose at and it's difficult to gain and easy to lose.

This is inevitable for those who have no experience in this field, and then after going through such times people will learn their own lessons.

I agreed with you, but it is not easy to keep a claim when saw the price drop, they just want to earn their profit, are not want to invest for the long term profit, including me, if they can hold the DOGE in the lower price, now all is the millionaire.  :-*

Yes, I have encountered many such projects, but have to look back to the problem when you FOMO follow the coins that are being pumped. If you are wise and knowledgeable and knowledgeable, I think we can make a big profit from this market, and dumping will not affect you much when you buy and keep very low price.

It's a matter on how you practice what you say and deal with it when situation already in front of you.

Most of the time, traders who can control such emotions and manage well each time this kind of market sideways hit them up are the people who can perform and earn in the long run, you needed to work on your own judegment, it's tough but more practice, more chances that you'll be able to overcome fears.

Agree because planning a trade  is really necessary before entering a trade. Because traders with no plan it is difficult for them to decide because the emotions dominate but if there is a plan we already knew what to do, we have already entry point and exit point.

This is actually natural because the crypto strategy is throwing away and buying. but what we need to know we should not panic with any situation because it is temporary. reasonable correction occurs to balance prices so that they are always consistent in the market

Price increasing and dumping is the character of all Crypto currencies. Most of the new trader or investors do the panic sell when a coin price strat dumping. Thay think lost some money is better than lost all. But they need to be patient and wait for the price rising. Their panic sell also the reason of more dumping.

If that would happened, no need to panic because it is a normal thing in crypto. It sometimes goes up or sometimes goes down where decision making is important to do. Buying and selling is both good thing to do because you can get profit in there. It depends on your contentment in having the right amount you get.

I understand, this have happened to me 4 times already in this bull season since I don't want to see my portfolio losing 50% of it's value, right now bitcoin fell from 60k+ to 51k, I'd say that's massive dump in price, I don't know if it's over for bull season or this is just market correction

I think this depends on what kind of coins is being dumped.  If the one that is being dumped is the one with promising projects then it is no brainer to stay calm and at least put a buy wall to  accumulate more worthy token but if the one dumping is a token that is really a pump and dump then we should at least act fast to sell our holdings in order to lessen our possible losses.

it will be easy to hold assets when you don't have many assets in your wallet. however, it is different if you have many assets. Well, I think some people have freaked out at this point of seeing bitcoin prices below $ 60k and created some altcoin price dumps. however, the experience will keep you afloat when a dump occurs. the most important key, in this case, is calm.

doge is a good parable. however, I didn't even realize the potential could be as big as it is now.

If you believe in the asset, then you should just HODL and be happy with it. Imagine staying strong the past few years with the previous long-time ATH by BTC, and you would still be so much profitable today. It's a matter of shaking those who have weak hands and those who believe that BTC is the future of financing or substitute to Gold.

It's a great opportunity now to buy more when it's at a discount. Imagine it's a "SALE" like what you see in supermarkets and malls. It's just like that.

No, it is actually true and there the saying “Be fearful when others are greedy" and that's also exactly how those long term holders that buying in the dip could make such tremendous profit but unfortunately each human psychology works kinda differently that the obvious clue of how to make profit in the market is disregarded and instead many peolpe buy high sell low. But, you also need to remember what's the real reason of the dump? if the dump caused by something that could potentially make the project fall then it's better to cut loss but if it's because usual panic selling or baseless fud then it's better to start buying instead but that's just my own preference of strategy.
It's the emotion that most of the time becomes the culprit in traders making very poor decision.

What you say are totally right, i think most of us understand this theory, but say easy, do hard. Especially when you see that big red needle down down down..., fear arises, and we were made wrong decision at this time.

My fault of fear is almost nonexistent when I have lost everything and have nothing left to lose then we have nothing to fear anymore :)
Maybe we will see many people will no longer become scared once the market plummets.

We may all be put to the test very soon in regards to the title of this topic. If a massive correction occurs, some may get wrecked. Buying Bitcoin at $60,000 is not that easy to be honest.

Maybe just a minor correction happens and the train continues to go forward.

True. But we can't force anyone to start panicking whenever red candles are showing. It is inevitable specially to those with little experience in crypto to panic sell just to avoid short loss.

Panic selling means you will be selling the bottom. Also buying when it starts to drop is difficult, and dollar cost average may be a solution, but not always as one day the trend ill turn to become bearish again.
For what matters, panic is the worst advisor. And usually when we buy it will start going down again as we missed the bottom.
Trading is a game where a few only win. With the limited knowledge of trading most of us have we fall victims to our feelings and mindset that lead us to losses.

I wish noobs will understand the theory of the market and not panic dump each time there's a massive correction in prices of coins, cause  it's just a correction nothing more the price will still pump back up, dips are the best time to even buy more cryptocurrencies and accumulate them cause that's what whale do, they buy the dips and hold until it pumps again, selling during a dump isnt a wise choice honestly.

Altcoins, if we get them for free from airdrop, if you want to sell them, in my opinion, is the right thing. immediately if we are able to sell and profitable, it is better to sell. especially with bullish market conditions. if the market changes its trend and drops significantly there will be a lot of waste in altcoins. periodic dumps will render many altcoins worthless. However, if you are trading, of course you must have a target and also good financial management to avoid greater losses

I agree with this so much. There was a huge dump in the last 24 hours. I wonder whether panic sellers will do their thing again and cause the price to drop down to lower levels. But I guess they won't be able to be as affective as companies. If companies start selling their investment then things could be much worse for the price.

It's easier said than done OP, I have my own limit on how much I can lose when holding a coin, I'm holding Ethereum right now and if price goes way down than 21**+ I will definitely take my loss because that's a lot already, I got in at 2450$ thinking we will be hitting 2600$ soon but I was wrong

New to crypto will surely have a lot to learn especially controlling their feelings when there is a massive corrections in the market because for sure they are scared of their investment turned to zero that's why they intended of losing than having profit of panic selling.

this stage in everyone's life must happen sooner or later. Those who entered recently and received the first negative will force them to reconsider their attitude to trading. Here not only trade is a plus - this is life.

Ever since I made my first investment in cryptocurrency in 2012, I have invested in more than 50 different altcoins. And based on this experience, I would say that in 99% of the cases when there is a dump with an altcoin which is outside the top-20 list, the chances are that it will never make a recovery. If possible, keep an eye on the promoters. If they are selling their tokens and making the exit, then it is a very bad sign.

After such a dump, everyone decides to use a stop loss in the future. This dump brought $ 10 billion in liquidations and the fear of investing in cryptocurrency. But this is what distinguishes a beginner from an experienced trader, that when the first one sells, the second one buys.

Well FOMO is the most common trait that every novice and newbie will experience along the process of trading and investing. DYOR is still the best way to be confident with the coins you have. If you have enough knowledge of the current status of your holdings, then you must know its market trend and behavior. Also, some tip for newbies, don't jump into the market/trading without enough knowledge on how everything works, from the circulating supply, market cap, tokenomics, chart and trend prediction methods, etc.

If you already have a trading technique, I don't think traders will panic when the market crashes. In fact, many are waiting for this momentum to be able to benefit because the market is experiencing price discounts. what needs to be considered is the way you trade, how to analyze and also manage money management. because of course when the market crashes, if you have both, you won't panic

It is mostly what is happening here why the market keeps on going down but I mean it's a kinda good thing because I have a lot of stable coin to invest that came from other altcoins profits.

I mean this happened most of the time in the market and its pretty normal i think because a lot of people are already bullish in different altcoins and as we know bitcoin and ethereum is skyrocketing in the market.

So it was just normal to see a lot of people sell and make a profit from the pump because if they just continue to pump it, someone will dump it on you so its just like a game.

Its  a very common mistake from a beginner trader.
You should not panic sell while market is dumping. Cause you will be helping the dump as well.
So be wise and tight hold when market is dumping so that extra supply don’t be created and the market get the support to pump again.

I don't think this is the peak of this bull market right now. Therefore, if you want to sell cryptocurrency, you must do it carefully. I think the market will continue to grow.

Being emotional and do panic selling in this time of dump could not be totally avoided because even old traders do that particularly if he's not so sure with his coins. But this will only contribute to a more dump in the market so if possible, never be carried by our own emotions because it will only put us into a losing end. Keep holding our coins and be more motivated not to sell,otherwise we will end up in regrets.

Panic is a natural thing because beginners definitely want instant things with as much profit as possible, beginners often just follow the trends and hype that exist, without doing research on the ins and outs of what they are going to do, when the dump occurs, they are afraid of getting a loss so they sell it as soon as possible to reduce the existing losses. This is the importance of patience in investing, it needs careful calculations and is ready for all the consequences that may occur.

Another thing is that these dumps are the opportunity to buy, but most people get panic in these situations and they sell which is not right. If you believe in crypto currencies, then you will always buy these dips.  You should accumulate more bitcoin and good altcoins when you see such dumps in the market.

I noticed that most of the time novice was the prime victim of Fomo, why? Because, newbies obviously are zero knowledge here in cryptocurrency,so the result of course , they always loss their assets. In which is not supposed to be happen to them if they begin with study to feed themselves everything here in this type of business anyway.

It is very natural for new investors to panic when the market correction, especially this year so many stock investors have fled to cryptocurrency, so that many will be surprised by the correction that has occurred in bitcoin,
In my opinion, panic and cut loss are not the right way to respond to a sudden correction market, it's better to learn the pattern, because every market has a pattern that is exactly the same as its history, for example, bitcoin is not much different from the year 2017.

It is a normal feeling for a human being, not just only for new investors, but I don't think about the bots.

Definitely, we have to think about it wisely, decision-making can't be made too quick and easy, it is much better to widen our market understanding for a better decision. I use to think it twice and ask from others opinion but not so often, we have to follow our instinct sometimes which I think it is somewhat effective.

Nothing will change, but Bitcoin correction time isn't a new way to take opportunities. Only a few altcoins couldn't touch the top price after this price correction. For a panic sell we could lose our profit, although today BTC's last dump price was 49K USD. This correction could be the last correction of the next bullrun. By selling coins, I won't lose my opportunities for profit.

Today's dip was a great opportunity to put your tip into practice OP  :). I can imagine, that a lot of people panic sold their holdings when ETH was below 2100$ and Bitcoin was below 54000. Now it seems that the drop has ended for now and the prices seem to stabilise and even recovered a little bit already. It was a pretty hard dip though i mean from 60k$ to 53,5k in 30 mins is a pretty sharp decrease in price and therefore it is not that surprising that some people sold their stuff weil the dip was still ongoing because who can never know when the dump ends.

Sometimes the opposite of what you describe will happen ,whether in stocks or cryptocurrency market. Because it happens to me and many of my colleague before.

After Bitcoin corrected below $ 60k, all the altcoins were dumped. And I see many traders who are panic sell, it is something to be avoided i
n my opinion. If we do the analysis well, we will understand that the decline in altcoins prices is normal. It doesn't mean that we have entered
a bearish trend, so we don't need to panic seeing current market conditions. I believe we should see a lot of coins that have been corrected,
it shouldn't be panic selling but it should be panic buying. Because I believe in the next few days the market will recover. So take advantage of
the current situation to buy again coins that are potential.

People who have often followed the flow of ups and downs in the crypto market, instinctively they have the instinct that this is really a decline or will rise again, the mindset and calm in making decisions must also be different, there's nothing wrong with asking other people's opinions but the final decision is yours. itself as the ultimate control over your assets, whether to sell it or hold it until the price starts to improve.

I just can't understand why coinbase employees quickly sold their shares. I don't think they just did it. And we'll see the price tag below shortly.

Indeed, experience and knowledge will make someone relax when facing a market that is experiencing a decline. Most of the people nowadays panic when prices experience a big drop. see the movement of bitcoin that goes up so fast. In analyzing it should also understand that dumps can occur too quickly too. people must be able to analyze the market

It's just that the Coinbase management knows something that others don't know at the moment. Or they follow the old principle of listing, when after the pump the price starts to decline and since they know it well, they sold their shares at high. It is possible that in the future they will buy their stake at a reduced price.

Well to be fair most of newbies have literally zero experience in term of going against the market manipulation that could hugely affect our psychology hence why they're called newbie and even if someone read so many books they gonna have a hard time to trade in real market because it's just so many moving parts that contributes to the price. They need to alteast experience before hand that they could be easily manipulated and become victim of the market and that's also exactly how I've learned from my experience. Those books and those quotes that people keep saying everyday won't do anything if someone hasn't experienced it yet.

Certainly it is not overthinking! This is one of the most important rules and one of the most common mistakes, which is caused by fear, panic, lack of experience, etc. When prices fall - buy. When prices go up, sell / or hold!!! Not the other way around.



Once you lose all your money on the stock/crypto market, you may gain a similar experience, but it is better to do it without risking everything you have. Many people do this - they enter the trade without knowing the basics and then wonder why they lost all their money and/or some of them even their homes so quickly.

Experience is the best teacher but still wondering why a lot of traders still is losing despite the learning they've got from their past. Meaning that no matter what they, even though they remember their past bad experience but if they don't change their attitude and behavior the results still the same. And they can tell themselves an expert of losses.

And, to say that learning from the past is not enough for a person to change but this is all about how that particular person really have the commitment to change their life.

Probably they are not happy with Coinbase anymore and that's why they sold their holdings, or they just want to take profit and buy later on.
The volatility on this market is very high, we can lose everything if you didn't analyze the market, and of course if you're panicking you might miss making strategies and you might end losing everything as well. Panicking is not good, I feel sorry for those who are panicking every time they see a dump market.

This is the plain truth, I totally agree with the op, but just like some other guy already said here, it's easier said than done, I have been a victim of this circumstances many times I can't remember, but my last experience taught me a bitter lesson, now, I've learnt the hard way, I've always sold all my holdings at a little pump cus of fear that the market might start dumping, I sold all my 28 Ethereum last year at the price of $450 usd each, till today, am still regretting that decision, I've promised myself that I will never make such a mistake out of fear again, now, am determined to always hold until my target price is reached even if it will take 2 or 3 years, I no longer care.

You've learned something in the past but doesnt mean that you would be exempted on committing the same mistakes all over again.There's no such thing about being a perfect trader
but somehow gaining up those past experiences will really be molding you up as a better trader which it would really be different to those who are just starting up.
It is really easy to say that we shouldnt panic out but when you are in the actual situation then its really hard to resist on not to do so specially if you are
actively checking out market prices everynow and then.

I don't blame those who existed the market once the almighty dump begins lol, there was no assurance that the market will recover until today, to say the truth I was in panic mood myself, it isn't easy to lose your hard-earned money just like that

I never recovered my assets, I lost 18%, but I see the market but recover a little, but my losses are not covered, I see many tokens have grown, but fate punishes me and my token does not grow but stands still)))

I am also thinking the same way you think but some traders or holders need money badly they can not hold for long so they have no choice to sell it. We must learn the art of patience when the market drops. We should avoid panicking and should not dump our valuable coins in panic. In the past three years, I have learned patience is the most important thing in the crypto market. If we see BTC, ETH, and BNB price of 1 year back these all were dirt cheap, and at that time those who trust these high potential coins and hold them still are in huge profit so patience pays off. I believe the only thing we need to learn is patience and patience and avoid panicking if one wants to earn from this market. This market is not for impatient traders.

For me, too, personal experience played an important role in the sale of tokens. Because he was always afraid of losing his tokens and panicked. Now that I have a lot of experience in selling tokens, I am absolutely calm and always sell with a good profit. So experience goes a long way in trading on exchanges.

I always see this correction as a way for us to expand our assets to more coins. when the dump price of coins is low we can buy large quantities and hold. For holders, I think to get rid of that fear and don't panic, because this is a temporary correction there will definitely be an increase. because dump is a natural cycle that is in the movement of crypto market charts

When prices are dropping, there's always the tendency that one would like to sell out, Inorder to avoid running into losses, but it's best to plan your trade and set stop losses. With this you're not thrown off balance where you may find it difficult to make logical decisions. Trading requires a great deal of wit and following the crowd may not be the best move.

I agree. There is no need to be feared when there is a dump happening because it is just a short term dump. Overall, when you look at the charts, they show a remarkable sign of a stable uptrend. Therefore, a big correction like this is necessary for not just bitcoin but also the altcoins to grow and become stronger

That is why I always tell my friends that money management is very important. If you have a reserve fund for an emergency situation like this, you would have chances to buy cheap coins and tokens. But if you are not able to do so because you do not have enough money, just hold.

Well, it is easier to say than to be done. I mean when circumstance like this appears in front of our face like showing a huge dump you will definitely have a second thought of selling your coins in which a total response but just like you what you have been said practice you would be the key, as you encounter a lot of this kind of situation you will eventually learn to control your emotion. But yeah I think that is what you supposed to do, to not panic when these circumstances appear like in this current correction. Do in mind as well, that make an analysis for yourself so you could plan your next move when this happens.

I didn't panic when the dump was fast because I would have already considered the money management that I would do. now I have been trading by following the analysis pattern and also using the money management that I have made. of course, if we analyze and do not have money management, we will get losses from the trades that are carried out. many new traders are making a loss from trading

Guys, be honest, who has dumped their precious bitcoins last weekend when bitcoin price dropped?
I see that people only write that this is temporarily, bitcoin will recover, I have resist to all dumps and etc. We are a huge community. At least someone should have sold his assets. I'm just curious how did you set the minimum price that after crossing it you will start selling?

It's a well know strategy of whales. They manipulate the market by dumping it then pump it a little bit then dump it again. Many new panic traders sell their holding fear of missing their book profits. I have learned very good things in all these years and that does not panic when the market is dumping and always book some profits to make a reentry.

I think investor confidence is also still strong because we've seen how the correction occurred several times in the long rally this season.
investor confidence is still in price recovery which ultimately makes many investors not secure their money but hold their assets.
but the situation would change if what happened was a big dump. it will make everyone panic and quickly shift to stable assets.

Holding when others are panic selling is really hard and challenging because you'll never know what will be the next dump price. Otherwise you may also sell your coins because of fear of losing. But i've learned my lesson and that is never be fool on your own emotions. Dump season will never last long and after that, the price will recover eventually.

The market is not stable as expected and no doubt the price is changing every day. Sometimes we can face price dropping and it can happen so suddenly. Some people prefer selling their coins at this time, however, it is not right for me. Firstly we should make logical decisions as you said, that is why everything is possible here, maybe after this dumping the coin which you hold will get up from next day. You should not make any decision in panic.

That is one of the common mistake investors usually does whenever they sense great feelings of fear. It is not really necessary to sell when there's a dump but still there are circumstances where it is needed to be done in order for you to save some of your holdings as much as possible. When it comes to bitcoin, I think it is not really necessary to do that specially right now. You should see it as a great advantage already that you are currently holding a bitcoin and you should not let it slip away just because you are scared it may keep on going down. Be wise, read some legit news about crypto, observe and be smart when you finally decide.

Sometimes, whales are responsible for that sudden market dump because of the reason to have a panic selling from the small-scale hodlers and like what you've said, the whales will buy those that little dumps and will add it to their holdings. Most of the time small scale hodlers are the one who's affected by this especially if they are newbie and novice in trading/market and that is how the whales controlling and manipulating the market.

if you do have spare money, instead of following the dumped better to buy more while continue holding your assets,
there are many instances that the bounce happen right away.

You'll compensate more in case you bought while others are dumping, it's tough but if you are willing to take the
and you have the right knowledge about the project that you'll going to hold.

No matter what we say now, a certain part of the cryptocurrency holders will always sell their tokens or coins when they drop sharply in price. Such actions first of all indicate that they do not know and do not possess the completeness of information about the project and its cryptocurrency, and are not sure about its prospects. If nothing significant has happened to the cryptocurrency, then it makes no sense to sell it after its price drop. Especially if such a drop occurs along with a general drop in the entire cryptocurrency market. You should always take into account that this market develops cyclically and after a fall, after a while there will be an increase.

The market has gotten stronger and it's easy to see how Bitcoin's price quickly recovered from the price drops.We are no longer seeing discounts like 2017, 2018 or 2019. My guess is that the market has a larger amount of stablecoins, and that helps Bitcoin hold its value. There is more than $ 48 billion, 8 times more than a year ago.

The initiative of newbies in the industry who still not basically know how the market works, is to sell when they see a sudden dump on the prices of the cryptocurrencies they have invested their money with whether it is on Bitcoin or Altcoins. They have the fear of getting the experience of having loss for they think that it will continue to work on that and that they might never have the chance to regain that loss. Well in some cases things work like that but still it depends on the crypto you are investing with. But if you are confident with it, instead of complaining on the dump, you will see it as an opportunity to grab on buying more and hold it for a while until such time that the price pumps.

Stop loss makes sense, anyone who bought at 64k and put a stop loss to 60k would have been in profit if they bought at around 53k or so back again. However many people still do not how to put a stop loss and that is why they are losing money as well. There are too many newbies in the crypto world, that is just a fact, because we have increased so much this year, that caused people to get into bitcoin a lot and that is why we are in a situation where a lot of newbies helping us go higher, but those same newbies that helped us to go up also causes us to go low as well when they do something noobish.

This is why I do not know if it is good to have this many new people or not right now. However those newbie people will gain experience and become a great crypto person, none of us started being a crypto expert, which is why it is good in the long term.

Learning by experiencing ;) Otherwise you don't really get used to the temporary pain, you really have to experience it. It is annoying but an important part of the learning process if you ask me.

This is no longer either strange, especially for those new to fomo following this market, when people get a little bit of profit, people have more confidence but when there is a strong correction, the psychology of panic. Worry that bitcoin will fall down really hard. I have always believed and thought that the current trend is general, and looking at the long term direction I think the point of the market boom could be the beginning of Q3 in 2021.

Crypto investing is indeed very risky, in accordance with the words high risk high return, sometimes the market dump is also a challenge in investing, and we must be able to decide that we must continue to believe not to sell or cut losses and accept losses, my advice is that you have to learn more deeply about crypto world before making a decision

If you bought a coin at the highest price and after that it doesn't go up again, I think panic selling is a natural thing. cuttoss is the best thing to reduce losses, you better wait for a cheap price and buy it back in order to get the maximum profit.

a first step to be able to read the movement of tokens that will plunge free from the hope of wanting to release all but that there must be a calculation of whether the development of these tokens can be relied on or not, for example, just a pump or a game in the market, we have to be patient so we don'tthere is the next disappointment..

Yeah, this kind of thing that affects our psychology only best learnt from our own experience by making stupid decision and regret it, I personally have missed the opportunity to sell high many times just because I was too early at thinking of dumping, I was also holding so many doges back then and sell it for some measly amount just because I thought the coin has no promising future somewhat turns out I was wrong but such thing definitely out of my control so regretting just gonna adds the pressure and stress lol. Now I become more chill though, dumping and pump usually I don't really care as long as the coin is good and promising enough for long term.

I think only newbies would actually panic sell at this point which i think is a learning curve for them because we all passed through it and i think its a good way of learning for everyone... in some days time we all know bitcoin and ethereum are going to have a new all time high and in my own opinion i think bitcoin is going for $100,000 but who am i to predict.... just Hold you crypto asset and wait out the storm

For a coin like Doge, It is very hard to predict that it will pump on the kind of price level we are seeing today. Essentially, Doge has no promising future at all. It's just Elon musk and the community makes that meme coin pump so hard for the sake of the meme. I know it's regrettable but the decision you did before was not entirely wrong if we base on doge fundamentals, As long as you take profit back then you're good.

It depends on which cryptocurrencies it is associated with, because if this happens with top cryptocurrencies, then of course, as we know, if the top cryptocurrencies fall very much in price, then same these top cryptocurrencies will rise in price again after a while, but with new cryptocurrencies, the opposite is true, because most of the new cryptocurrencies after a while will simply disappear by various reasons and therefore investing in new cryptocurrencies is always a huge risk.

Like my friends will always say red are for buying so anyone selling when there is a dump in the market is really very wrong, when there is a massive dump in the market it's seen as an opportunity to always buy but if you are already in a trade it's better to hold till the trade bounce back so you might recover the lose and also be in profit, the volatility in prices is really what makes crypto to be profitable, so know this strategy to always buy when there is a deep and sell when prices are high enough, do not buy at the top and sell at bottom, let there be a drop before you jump in.

Most beginners are like that, where they are very panicked when the market starts to plummet, especially if there is no mentor guiding them about the ins and outs of cryptocurrency, I also experienced the same thing when I was new to the world of cryptocurrency, where at that time I quickly sold my assets when  the price started to fall

Its quite normal to have some worries when the price of our coins are dropping. But if you gain knowledge first before investing on crypto you'll know the risk and somehow aware of what to expect.

When there's a price correction always be patient. Set aside your emotion to refrain yourself from making a decision that you might regret later on especially if the coins you hold are well-established.

Just keep in mind that its a temporary situation, avoid thinking of negative things because it cant help you as an investor.

That's actually one of the things that I have learned in the past. I was always doubtful about my holdings before and I always feel worried whenever there are dumps but when I learned how to do my own research, I started having patience and deal with the possible changes that could happen anytime since that's a part of crypto's volatility. Panicking could only lead us to wrong decisions so as long as we trust the coins that we're holding, we better be optimistic.

investors might comes with basics of personal preference as disputing funds on exchange with the token that more on entrance into the market, developer to work on beginning initial as modifying use with possession of resource that they might requires of more on terms to prepare of establishment.

After yesterday a lot of people have panic, because BTC fall to 52K from 62K, is it mean that big correction started? how to understand?

Every crypto people must be having their own reason to continue their holding or to sell their stash at any point of time. But, selling our holding just because most other people are selling cannot be a properly still we cannot do anything about that as when more number of people are taking same decisions then market will move around them. I heard many people have saved their potential losses just because of panic selling and at the same time they have missed the another round of rally as well.

This way I believe, all the reputed coins will be having lesser volatility in coming years because when people are confident about recovery then they may not go for panic selling and they will try to make use of all available dips to increase their stash.

Most of the time this things happened. Those newbies are the victims  as without the 
right knowledge they've been easily move by ongoing fuds and news that affects the market.


For sure many exeprienced the same thing, this kind of failures also made us realized how to build the right system
to work with our crypto trading journey.

I think it will be a great idea always to hold the good coin and i suggest the panic seller don't sell your good coin on low price cause every dip is hidden story of huge pumping. No the market is always a tough place to hold the nerve plz always take your wise decision before selling the good not about shit coins.

I have been dealing with cryptocurrencies for 4 years, but I panic whenever there is a hard fall. I've never had a panic sale so far. This last move, I think, is the shaking movement in the stock market. Altcoins will revive if Btc stays above 56k.

I used to be that kind of person. when I started entering the world of crypto and did not learn before how it works I was like the people mentioned above but after dabbling in cryptocurrency and seriously learning how the real world of crypto I began to understand how and what a good way to trade.
all there is a time do not be afraid to try and do not be afraid to fail because that is where we learn
dont be a panic everyone will profit in time :)

The last bear market of bitcoin really was a lesson learn to every one that despite of how dumped the crypto you have in hand especially bitcoin, we should atleast left even a small amount of crypto on our wallet, and don't let you panic selling emotion leads you to this way because if were going to look back at the bitcoin market last two years to now probably a big difference, a big profit also if you are able to save bitcoin at that time.

When you are having four years in crypto space, then why you are still getting panic when market fluctuates wildly? You must make use of your experience to control your emotions. When you are too week and always obeying to your emotion failures then you must quit trading and must adopt long term planning when buying cryptos. When we talk about long term plans, it is always about ethereum/litecoin/dash and bitcoin kind of highly established ones. Choose few of them, and plan your long term holding then you never need to react market fluctuation.

This topic have been encouraged many times in the past  but everytime there is a dump or say bearish trend hit the market people panic sell their coins which cause huge loss to them and market as well.They need to sell in bull run but they do opposite of it which is their big mistake.The whales try to create FUD in the market and manipulate the prices for their own profits but new traders who have no knowledge of this highly volatile crypto market act as bait for them.


So just try to be in the long run game which will eventually lead you to profit houses.

The only regret i have with Crypto is that i didnt start sooner...
It doesn't really matter how much you have invested, the important part is how much time you have invested...We are alp here for gains... Be Patient, dont panic sell, buy he dips, dont over extend yourself to where you have no funds to buy the dips...
Good things are gonna continue to happen...
Blessings and gains to each and everyone

I think it depends on the currency we are talking about. Some of them really worth to be held on long run, even if they dump hard, that is the case of bitcoin. But in other cases, if the currency is poorly developed and doesn't bring any new feature or advantage to investors it's better to sell all the coins before the dump gets worse, as it's very probably the crypto is going to die, without considerable recoveries later.
With so many altcoins options in this crypto universe investors must be careful and attentive on what currencies they are going to buy for holding purposes on long run. Sometimes crypto currency is a very treacherous market which may frustrate its enthusiasts.

I believe when people saw that we went from 2018 crash to 2020-21 skyrocket, they realized no matter what happens to bitcoin it always goes back up. Which is why they are not letting it go down anymore :D ironic I know because people think "if it goes down, it will go up anyway, so I should buy" and that causes it to not go down too much. But we all know that even if it goes down too much, it will go up anyway and that is going to be fine.

I do not know what people will continue to believe, maybe if we go under 40k again that will scare people and there could be like some snowball effect that causes it to keep going down more and more. But, I think it is not going to be that shocking to see these changes, it should probably be something simple. People should not panic when there is a drop, and people should not be as hyped as they were when there is an increase, both will happen all the time.

Dumping and pumping of coins occur in altcoins and bitcoins. Even when Bitcoin coughs. Altcoins become an even deep
dump correction when bitcoin price correction is deep. If the correction is just a little it is commonplace, so there is no need to panic,
let alone I feel the crypto market is still in a bullish state. Despite bitcoin correction, it will recover quickly and altcoins pump.

Exactly, It's how the market proceed. Keep in mind that you panic sell but rich will buy the dip. There is a FUD, always create panic selling. Be aware of that.

It seems like money is coming back into market, check it out ETH, BNB is recovering. Hope everybody still hold them, it could get higher than past.

Back in 2017, I felt the same. I used to be a panicky one. I can feel cold sweat all over my body whenever I faced the dump. I did panic sell and then I regret it cause eventually the price was increased after that. It's really frustrating. Probably because it was my first time and I didn't know the trait of cryptocurrencies at that time. Along the way, I started to learn that whenever bear season comes, then after that bull season will arrive. Bear season is just a moment when whales accumulate their assets and then sell it when bull season comes, so yeah many times I hold my tokens or accumulate it too when the price dumped.

If you are talking about bitcoins then that might be on 2018 and not in 2017 as we were into stronger bull run in 2017 (I agree there were some months in red even in 2017 but overall that year must be a good year for this crypto space and very rarely people might have got panic).

Yes, when you are learning out of your experience then definitely you will get good control over your emotions. We must need to understand the cycle of market fluctuations because it is definitely happening on some pattern; only for the people who never find time to understand that kind of pattern will definitely go emotionally failed.

I have experienced the same thing, I sold tokens at a low price because the tokens I was holding fell drastically at that time I thought the price would not go up again but after I sold the token prices went up drastically and I regretted doing so. from there my lesson is no longer careless because I got a big loss.

why will they panic sell , didnt they sold thier coins during the pump ? then they are really going to panic because they are unprepared but thier noobness cause this . theres still a chance that they will rework this if they will take this business seriously  . whales dont only buy at the dip but whales can also sell at the pump  .

indeed . they shouldnt hung up in one trade but they should have a goal for it and then proceed/move on to the next . they shouldnt beat thier selves in the past but instead improve thier game next time

Sometimes whales dump the coin to the market so the price can be lowered to buyback later, in other words, it is a bear trap.
It is the opposite of bull trap, the purpose is to buyback with more amount of coin because the price become more dump.
So, we should not fall into the whales trap by following to sell the coin when the dump happen.

It is good that you learn from your mistakes so that you do not commit them again, as for the dump of the currencies that you hold, this is expected due to a volatile crypto market, you must hold your coins until the market pump again, I advise you to buy when you find the market is dumping.

Everyone has this kind of experience that we have regretted to sold at a very early time. If we can just take back the time, I'm sure that most of us would be patient enough and won't sell even at the saddest days of the market that shows a lot of drop from time to time.
Because we have realized and experienced that it's not going to be down forever and there's always a recovery trend.

There are tons of manipulators in the world, that is not a secret, they have tons of money and they do everything in their power to make sure that they never lose money, even if they end up at the wrong side for a while, they will use their money to find a way to bring that price back to where they want.

If they said btc will fall and it went up, they will use all their power to bring it down, if they said it will go up, they will use all their money to bring it back up. So at the end of the day these people do exist and that is not a lie or a secret. However one thing is for sure, we are talking about crypto here and in crypto world we combined have as much power as they do, we can get our voices heard as well, with all of us acting together we have a bigger voice than just one whale.

It is really good to learn from our mistakes, it is not necessary to make any mistake, that is why everybody here is making some mistake, however as l said it is more important to learn something from it. Nowadays BTC has decreased to 55k, and it affects also the price of other currencies. However, it will change in the near future, because BTC has reached 45k and after two weeks BTC reached 60k.  No doubt the history will repeat, we should not sell our currencies in this situation.

Maybe for people who are accustomed to crypto when there is dumping will not panic and rush to sell existing assets before the losses get worse, even though in the pace of the crypto market this is a common thing, it would be nice to keep your emotions in check and watch the market, if indeed it is not possible to get up, just sell half of the assets while monitoring who knows, there will be another pumping of the assets you have.

The main thing when investing or trading is to have good stop loss and take profit technique, when you adhere to this you will be fine, at time a coin pump and there is something in you revealing to you that it is likely it goes up more so leave a little part for this segment. But when you have a feeling that a coin is overvalued simply sell and run on the grounds that the dump is consistently super dump and you can lose every one of your profit.

that's right, we shouldn't panic sell, because it is a natural thing if the market is experiencing a correction, so of course if the price is going down, then we just need to hold and buy more, because if the price starts to increase very high again (bull run), then of course we will get a big profit, therefore we must continue to hold and never do panic sell when the price is going down.

Panicking when the prjce alof a coin or token goes down is born from poor understanding of how price moves in the financial markets.
The FX or commodities markets for example sees this occasional positive and negative swings in price action from time to time and no one really panics when this happens.
A price dump is just as normal as the pump and to be a successful investor, you need to be comfortable with taking the drawdowns

Pump and dump are always happening. If a person is already a long time in crypto and learns well how the crypto market works, he mustn't be panic once there is a dump. We are still in the bullish season, there is a lot of chance of the crypto prices to increase again. Why we must be panic? What we should do is to keep holding and don't be affected by FUDs.

and one way to avoid panicking and being affected by fud is to have sufficient knowledge related to market analysis. without having a basic market analysis, we will just be carried away, easily affected by fud so it's easy to panic buy or sell. at least, by having a basic analysis we can determine the timing and predict the direction of market movements.

a price jump puts a person's emotions out of control, as they are forced to make quick decisions so as not to lose even more assets. In fact, if someone experiences panic sell and repeats it at least 3 times, he will get valuable experience and certainly will not repeat the mistake again because he understands that the price will return to normal in some time to come.
some greedy people take advantage of bloody market moments as a way to get more coins because of the discounts offered.

Do not let your emotion drive you. Instead of panic selling, thinking of the posibilities that can happen after the big dump. Make a clear judgement so that even when you lose your money, you still realize something. Panic selling only cause more pain to what's already happen.   8)

Just hold your coin. Do not sell it. Only accumulate

Look at the brighter side every time that there is a dump, think that it is the opportunity to buy, accumulate and increase your hodlings because I always believed that after experience a dump, massive pump follows.

There are times the dumping going straight down and no support from whales. All I can say is before making the trade it should be planned, knowing your entry and exit point. And always set a stop loss if there are sudden price dumps to avoid big losses. When the trade is planned you know what to do, when there is no plan you will really hesitate and you  don’t know what to do.

This is the real problem of every newbies entering the world of crypto, they tend to panic sell every time they see a massive dump which I think is wrong characteristic of a crypto enthusiasts. As a newbie, you need to think on the other way that every time that there is a dip its a good time to buy more and hodl more because once that it pumps once again it will definitely profitable in your part.

True and I most confess that I have been a victim of this but like you said, every new trade is a journey and I have certainly learn a few over the years of crypto trading. Even when you think you enter the market at the right time, it might starts to dip immediately after and if you are not in control of your emotions, you might end up losing more than you bargained for. I really believe knowing the market and being in control of your emotions helps in crypto trading. 

the correction of bitcoin absolutely affect the altcoins. there are so many correction of alts that make us worry.
but, come to think of it, I think we have to make a wise decision to our investment and do not panic and rush to sell our coins if this situation like this happen.

It is a good advice and we all have heard about it. The key to understand panic is the lack of confidence. Believe it or not, it has taken 4 years for some tokens to reach a mature stage, and it was possibly impossible to tell if these were going to succeed. You could have bought most of those for nothing and made a profit.

However most people do not get that short of result because they do not have conviction and that is because they have not done the right research and do not follow the projects, they are just trying to get rich quick with no effort.

Definately if you buy any coin and when you buy then suddenly coin goes down and you sell the coin a panic, sell the coin in a panic it's not a good thing, I think you should hold your coin.

This kind of thing is very difficult for us to do because every time there is an increase we are always haunted by the decline so that we feel panicked and try to sell the coin that we hold, sometimes when we throw away a coin must have its own reasons because in investing we have a different strategy so that the way we use it is also different because it all depends on our own beliefs.

Who doesn't panic seeing the decline in asset value happening so fast? I am sure that almost everyday trader will experience high panic. You can see that when the dump occurs there will be an increase in value for stable assets. that's because many are selling their assets for stable assets.
But most of the people there are of the principle of long-term investing and the dump won't affect them.
it can be overcome because they have a long-term analysis and they have made a great plan. when they are consistent they will get the results.

I used to know crypto at the beginning, also felt panic when assets fell by how many%, and auto sold all assets and the mistake was that I liked to immediately exchange my country's currency without any thoughts of buying back when the market really went down, but over time I understood a little the market condition is not always the market going down and we will not always experience a loss
surviving is the key to success in crypto
and there is no more panic right now when i see the market flush

What's going to happen if bears take over? People are expecting some kind of warning but that's never going to happen so it's normal for people to panic, this market will end in a very bad shape, probably the most devastating one in crypto history, watch out and plan yourself well

You can't blame those newbies who are afraid to lose some profit with the dump. I admire your advice but sometimes it is quite unsure if the price would ever go up again or would it dip even lower.

Yes, I am agreed with you, but not only the newbies, who know the dumping when will be stopped, you only can make the choice, cut loss or hold it for the price rise again, I have bought the BCN in 2 years ago, when the price is dumping, I hold it, and I want to tell you this is the stupid decision if I know the price almost zero today, why not dump it before?

Of course, because what you hold is a shit token. You need to do some research before determining whether your token is worth to hold.

Yes, this is a good lesson for me, I remember this shit coin listing in the Binance and have a huge trading volume every day, who knows it will be delisted within 1 month? This is the good reason why the people want to panic dump when the price drop.

Awts! this really and awful decision but who knows what will happened after right? time to move on and find other project
to invest your money.

You can't do anything now as the chance of those developers behind is no longer intereted to continue this project, a very
chance that they already run the funds.

A bitter lesson will always be valuable for each person personally to determine the next steps so that they will not repeat the same mistakes again in the present, so that time will always be valuable if the utilization can be very clear.

panic sell always happens and is common in the investment world, especially in the crypto world, so it's only natural that beginners who are new to the world of crypto experience panic sell, in my experience, I also experience the same thing, but what distinguishes me from the past and my present is a matter of experience. make your panic sell experience an important lesson so you don't repeat the same mistakes

A classic story that is always experienced by all traders, especially for beginners. I've felt it too. one conclusion that I get always keeps the estimate and doesn't panic too quickly. it means that fluctuations in the price of a token/coin are normal.

Inside this market where volatility is really huge, you need to carefully assess every move that you'll going to take. It will lead you to lessen the
chance of losing your money, panicking when the market is falling most of the time ends up regretting your actions.
The chance of recovering back is very high, instead of rushing things out add some patience and wait for some time, observe and decide when
you really see where the market is proceeding.

I believe when market dump then the recovery will abck again, the dump occurs to find support and this is real. In the experience that has been gained, it seems that in the bullrun there is no need to panic, it would be better if you still have capital and buy back. but for traders it would be better to cutlose if needed, but for investors I think the price movement is still early

It is easy to say than done we couldn't avoid selling when there is a huge dump.
We would tend to cutloss than to continue watching our folio drop lower than it is at the moment of the dump.
That is why cutloss is there to lessen the loss that we could experience.
For me it is better to cutloss and buy back when the market starts to recover than just holding your crypto it could give you more profit or save you to loss more than you would.

In Crypto investing, experience is the top priority, because with experience we are smarter in taking action when it's time to buy or when it's time to sell our crypto assets, because I personally often panic when I first invest especially when my coins suddenly dump.

at this time, the price reduction happened so fast. Maybe by this time a fair number of people are panicking and selling the assets they have been holding. for now, I still hold onto my assets. I believe the price can return to normal. after all, the end of the month is always marked by a decrease or increase in prices. the decline in prices that occurred was probably caused by a lot of panic people.

Sometimes, it's equally good to panic sell, as the crash may just be a continuous one, it's good we first know what is causing the quick dump, if it's an integrity issue or a major technical bridge, one needs to sell off and wait for the waves to be calm. If the projects are established ones already solving complex problem, one can just hold.

The entire cryptomarket is a bloodbath at the moment, no need to worry. Bitcoin is still in the middle of a bull market, corrections like this are normal. When bitcoin begins to recover alts will follow.

Do not panic sell.

this looks good time to buy more and more. this DIP really looks juicy to me.. yumm very very juicy

Unfortunately, panic sellers already doing what they know how to do best, panic seller for cheap price and buy back later at high price when the market recovers, this is usually the case with most people, they can't bare to see the market dip a bit before they panic and sell off their assets, experience should be the best teacher but some people are still not use to dip i guess  :)

That's right, that's why they'll never succeed in the long run as they easily panic, both panic selling and panic buying which they are taken advantage by the smart traders. Just like what happen now, bitcoin dumped below $50k and altcoins experienced worst, and it will not happen if people did not panic.

You say unfortunately I say fortunately. If sellers don't panic and nobody budges than we never get Bitcoin at dips and there are less and less new owners (since new owners may be unwilling to buy without seeing 20/30% dips happen in a few days.

The more these socalled sellers let go now and let go early, the better we have people getting in long term willing to keep buying it up.

with use of supports of confirmation as trader works on tasks with evaluation, the decision on trade have with strength on convergence as might trader gains with returns of consideration, on appealing use with study on different aspects of related customs on collateral position.

I think it is normal for newcomers in cryptocurrency to experience panic selling whenever there is a dump. But there is a difference if you're going to sell the asset emotionally or rationally.

In my view, this could be good depending on the conditions and the coin which has strong fundamentals. Sometimes other people throw coins for a million logical reasons and have analyzed them. therefore keep gathering good information and researching the coins so you can make the right decisions

Long-term investors are willing to take care of them. If these weak hands or panic sellers will dump their Bitcoin, someone will also buy their Bitcoin.
No matter what we say, "just keep calm, don't panic", the truth is that we are wasting our time giving that advice coz they just simply ignore that and do what makes them happy. But the question is, are they? Regrets just come next, and then they will show up asking why?

panic sell happens to anyone, especially  new investors in the world of crypto. Sometimes the coins that we invest have dropped in price, not because of a problem with the coin itself, but indeed the crypto market conditions have experienced a disaster, so it's only natural that our coins go down, sometimes the market also experiences market correction, so don't panic first

Keep doing your good research and make sure to follow all the channels where you can gathered deeper
information about the coin that you are supporting.

If there's no further development expect that during the correction your asset may also experienced reducing it's value,
very normal since most of the traders and investors are trying to sort it up or some might cutting their losses.

During this event, if you have good amount of extra savings and you are willing to take another risk,
adding more to your assets may bring you much decent benefits.

It is not easy to overcome the level of panic when the price of the coins we have is falling and losing hundreds of dollars in a few days, therefore every investor who enters the crypto space already knows that it will happen, then when the crypto market starts to turn red and all price of the coin will drop, they already know what to do, sell at a slight loss or wait for the market to recover

It actually depends on the situation, if you have big amount of investment in a specific altcoin it is very hard not to panic in the dump times. But im trying to be calm and do some plan to overcome those losses and be effecient in trading. I think you must do your plan B if your coin got dump .

Don't let your emotion fool you, may it be in bull run or bear run, you always have to make the right decision. It's normal in the market ot see a bull run and a bear run but it's not right if we don't see an opportunity on two different situation.

Yes its a very common mistakes among the new traders.
They invest but can't hold. You have to understand that you can't take entry in the bottom. Because none can spend time 24 hours in trading. So after you buying the price may drop. Its doesn’t mean that it will never up again. So stop selling in panic.

in my opinion it depends on how the method is played in trading, if the method that is often played is long term then don't panic too much when the price starts to surge, but if the method used in trading is short term then it shouldn't hold coins that already have the advantage of this price increase. in my view like that.

Long-term trading is more time-oriented, he doesn't think much about getting quick profits, so if dumping occurs they will only observe, it is different from short-term trading, more oriented to the profits that can be generated in a short time, and must have a target minimum profit that must be obtained

The problem is, we don't know if the dump is really dump market or it is just the whale's trap to buying back more later.
I think if we know the project is solid and good, then we should ignore the dump because it is likely only the whale's trying to manipulate the market.

Panic selling is an attitude mostly of newbies in cryptos because they get shock and get FUD due to a big dump and dip but I think its totally wrong attitude because I see plenty of old timer crypto enthusiasts saying that when there is a dip its goods to buy and accumulate another hodlings and they dont panic.

Not all selling when there is a price correction called "panic selling". Sometimes we misinterpret it and I don't know why? Because the truth is that, everyone has entitled to sell their crypto at any time, we don't act like we don't do this.

Think that buying at $20k and you never sell it even though the price is already at $50k because you are afraid that someone calls you a panic seller? No, it's not. Because if you are a smart investor, you will take every opportunity that arrives for you. Because IRL, people are not coming just to keep buying and buying crypto, but they are here for a reason to make a profit and that is why they sell their Bitcoin and altcoins.

Controlling my emotions is the most difficult part of hodling cryptocurrencies, the fear of losing when there is a massive dumping is absolutely difficult to control, a lot of thoughts will overshadows my mind, with these questions when is this correction going to end? will it last for weeks or month? should I dump my coins to minimize losses or keep hodling hopefully there might be a turn around, these are some issues that keep on bothering my mind, however  I believed I have overcome it now.

Yes it is not easy. As novice, determining low and high is already difficult. When I start in crypto last 2017, BTC price was already high for me then I am talking to my cousin on the other day asking about how to trade. He saw BTC price around $50K. He told me that it is very expensive. I have seen myself on him because during the time that he checked BTC, it was down compare on the previous days/weeks.
Another, I think it is more effective when your coin is really a good coin. I have alts before that become worthless. I kept holding it assuming that it will pump on the next weeks or months but it does not happen.

Then who do you think made the big hole when the dump happened?
they are investors who take advantage of market conditions. as today investors with large capital can manipulate trades in the market. they deliberately sell their assets in large amounts which makes a correction and they are ready to buy again when more and more smallholders panic sell their assets.

we are already seeing a lot of corrections and huge dumps taking place in the market. we don't have to panic to see it because we know the market will always improve when it finishes passing the moment.

yes ,, it must all be in accordance with the basic method. if someone often uses the short term method then the increase is an opportunity for them. but if the method used is long-term, of course, you have to be patient according to the time and price that has been previously targeted.

There are always some panic sellers in every coin, even top coins such Bitcoin or Ethereum too.
When dump happening, we should not follow to panic selling, we can find out what is the cause of the dump.
Remember, in top coins, there are always whale who ready to eat the dip if we panic sell the coin.

I am not a friend of technical analysis in this market. Often times the pojects are highly speculative and news have so much influence. How do you use technical analysis when an unexpected event happens? That is less often the case in the stock market.

When investing or trading, the most essential thing is to have an entrance and exit plan; if you adhere to it, you'll be alright. When a coin pumps, something in you tells you that it's going to go up even higher, so set aside a tiny percentage for this. But if you think a currency is overvalued, sell and go since the dump is usually a huge dump, and you might lose everything.

I know its a true fact that no one should panic sell but bitcoin has been on a fall for days now…. I now we have been enjoying the historical rise in the past few months but for me actually i was actually expecting it to happening sooner… i just didn’t believe jeff would be the cause for this much dip in the crypto world… I thought individuals couldn’t or shouldn’t dictate crypto currency prices…. I just wonder what’s going to happen next

Small time hodlers can't stand a chance from whales if they wanted to dump the price and increase it later on to earn profit because those who have a weaker hand or mind will get along with the whale selling their own crypto too and later on regretting not holding their own crypto.

It is easy to say these things than practice them. It is not everybody that has the emotion ability to see there investment going down in value then do nothing about it, most people would want to cut their losses. That's why I tell people to always take profit and move on before the market turn on them.

it is common for pump and dump to happen all the time. only people with strong mentality and emotions will win when that storm occurs. usually those who often panic are newcomers who do not have experience and knowledge of the world of cypto.

Very true. the purpose of investing is to get profit, sometimes people will wait and serve their greed, and of course that is very bad, especially in investing in crypto with very high fluctuations. selling is not a wrong thing to get a profit, so prioritize profit first

Sorry but this advice don't necessarily work on some situations, this is one of the reason stop loss was created on good exchanges to minimise lost.
Learn to minimise otherwise your hands will burn and when they do, you will find it difficult to amend.
Its better to have a stop loss and enter back into the market and gain some profit than live everything and watch the market die down kn red candle.
Stay safe.

yes I agree, we shouldn't panic sell, because panic sell only makes us lose, therefore I always recommend investing with money that is set aside for investment and investing in altcoin that do have a good product, so that if the price dump then we don't need to sell it, because we do use the money that is set aside for investment (not the main money) and of course by investing in altcoin that have a good product, then we don't need to be afraid, because the price will definitely increase again and of course give you a profit.

I don't panic at all even though the price drop more than 10% in overnight because it just pure correction. The reason why i don't panic because i know what project i invested in, so i don't need to be worry when the price drop drastically in overnight.

Obviously this is not easy for newcomers to this market, when they will by default make a profit from it and don't care what it is. I firmly believe that if it's just an investment, you won't be patient with this market correction, it's too volatile and if everyone is ready to get x2 x3 x4 profits, be prepared to lose all money out :)

If you don't know when to sell and get panic when you see a dip, the best thing to do is setting stop-losses to minimize the loss which may occur. If you do it correctly, you might be able to make profits by buying them back from the dip. Else, you have to keep calm and not making any panic trades during the dump and wait till the market becomes normal.

this is an important point. If you are investing in a good project, there is no need to panic, unless you are investing in a new project that is still doubtful, it can usually cause panic when prices drop.

For sure, when the market is red like this, a lot are already panicking, especially those who have short-term plans for their funds. As we have seen this situation a lot already, what we can do is be patient, don't lose hope that this will be the end of your investments. Bitcoin had been in a much worst situation than now, we are still in the 45k level, and there are so many big players in this market. So going down is not forever, we will bounce back again.

Indeed. It is easy to suggest people not panic about the dump, but I believe even OP will be worried to see a huge decrease in BTC price.  ;D
Most people are aware that the dump isn't the end of their assets, they know it probably increase again someday. However, there is no exact time for it, and no guarantee for the next pump. This makes most people are worried, I think it is normal. To avoid it or if you are difficult to avoid panic, it is better not to invest a long time, just buy and sell daily-weekly-monthly.

I agree with you, indeed we must carefully determine the right time to sell our coins, so that we do not feel disappointed and can make a great profit for the coins we hold.
Always keeping up with the development of the coins we hold is one way that we do not get lost.

That is clear, because whatever coins we have held, it is clear that we must always follow the news on their media channels or on their services, because all things related to coins that we have owned for a long time are very important.

We all have to admit that he had our mistakes in the past. And that these mistakes we need to control ourselves so that we learn from this and eventually be more better traders after our mistake. We just saw that the ATH of bitcoin in 2017 can be surpassed with the other ATH that happened in 2021 and we now know from this that Bitcoin and the Alts will have a good chance of getting higher and higher as time and demand goes higher also. So please don't sell during a dip, you actually buy more and you will not regret it when the new ATH comes.

Most people will, but those who have deeper pocket, instead of selling they'll keep on adding.

It's tough to see that your investment value is falling but if you have trust and you really support this market, you'll wait and not to
add more pressure to the market, keep on buying if you still have good spare money is also an strategy by some big holders, they
knew that the market have that capabilities to bounce back.

I always remember the motto of "buy low and sell high." I guess this motto is always appropriate every now and then particularly when the market turning to red or green. When the market is green, good to wait for the exact target and sell. When the market is red, good time to buy the tokens dream while in dump. Do not panic is necessary to avoid reckless action.

We can say that most of traders lost their money in panic sell when a big deep comes. Trading is name of a patient with good mind. if your mind goes from point to Point of a trade you can not get success. Buy coin at low points and then hold for some times. In this holding time never mind the price of that coin because one good news about particular coin will come and you will get almost double profit.

so far, holding back is our only option. however, a lot of people are panicking right now, because almost all the markets are turning red. however, I still hold most of the assets I have accumulated to date. I believe that after this, there will be a bounce back, or even things that can make the price go higher.

in a market situation like now, the maturity of a crypto trader and investor is very important. the feeling of panic can sometimes make a fortune but can also lead to loss.
Those who are prone to panic means not having a good analysis of the investments they are making. without good planning, the investment made will be very easily influenced by market movements.

For investing in crypto we must wait patiently if you sell in panic then if the price goes up, you have to fall into a loss. No matter which currency we invest in even if it is dumped we have to move forward with faith the reason for the dump is that the coins will rise again. You need to choose the right currency by doing a market analysis.

If you need the money to be doubled and you are impatient, then of course it is understandable why you panic. Here is what you are going to do. Stop reading anything about your coin, any news item, any tweet, any social group dedicated to that coin, stop reading and move on with other things. Then after a year visit the coin, if you are not satisfied with its performance, give a few more years, then at the right time, your coin must have already multiplied your profits twenty-fold. And you might be a gazillionaire by then. Provided of course your invest is a big one.

Stop losses is something anyone should do,,, not just those susceptible to panic/fomo,,, it is the basic qualifications for any trader who just wants to do something properly.

It really is not something to consider optional, unless of course you are swapping on DEX where you cannot put limit orders on the market.

I agree with you, this is exactly what we are seeing right now. Too many people are dumping their BTC and will probably have to just rebuy them at higher levels in the future. Panic selling is a serious issue, it happened to me a few times myself. On top of the sell price we also need to take into consideration the fees of selling the coins quickly, and then again another set of fees when we are buying again.

No one could be completly sure that this is just a dip and not the end of bull market

The correct approach is obtain as much quality data in the most limited measure of time conceivable to make a respectable judgment. Coins can crash for awesome reasons. The accomplished dealers will not frenzy sell on the off chance that they've purchased a coin that they truly know about. Furthermore, some unacceptable system that they're purchasing at the siphon ought to likewise be changed however you can't underestimate them since that is the means by which they began.

Of course, because no one sees the future. However, we have to make a judgement based on what we are seeing now, will we still wait until bitcoin or the market will dump further before we jump ship? of course, we should not as it's a bad idea, we have to jump out and just wait until bitcoin reaches a very low price before we will start accumulating.

We've seen this many times as bitcoin is very volatile, hence the entire altcoins follow bitcoin's movement, with our experience, we shouldd know better.

No point to worry and panic every time the market struggling from decline. Since cryptocurrencies ecosystem is volatile and unstable flow of hype. There is always a possibility to experience the market uptrend and down trend as we know correction and fluctuations are real in cryptocurrencies. Be strong and have faith, the market will be okay again in due time.

for all beginners with a situation like this must be very panicked, for fear of an even greater loss, and all that fear will disappear if someone is already very aware of the situation, and it is the experience that makes a person mentally very hard.

This dump is not done by beginners only, almost all weak hands are dumping right now, some dump in the hope to buy back even lower if the price will go lower, Elon and his trolls are not exactly newbie or beginners but there attitude is creating chaos and making people to panic sell, unfortunately it is hard to convince people not to sell because we don't know how low the market will go.

Some would think that it's the end of bull run as they're on panic mode because of Elon's tweet which is ridiculous. Also, real hodlers would say, we're in dip to buy more as bitcoin would rebound along with altcoins because bullish divergance is created on RSI indicator. Meanwhile, potential alts will pump because of the trend of IDO and AMM/DEX. So, risk takers with well researching will win in this condition and make sure to take the right decision.  ;D

it's true that when the prices are down we shouldn't panic, there are been many cases of people experiencing losses because they do panic sell when the market price is down. therefore it's important for us to learn to analyze the crypto market so that when the market is down we don't panic. the important point is don't panic and don't rush into making a decision in order to avoid losses.

No, no, panic is not good. It give you a sudden urge to decide to do things and most of the time the decisions are somewhat not thought of and also fatal. Make a mistake and you will not be able to recover from it or if you can recover it may take a long time. You have to be patient, and you have to have the mental capability not to feel disheartened and worry a lot when these kinds of things happen to your account and you are losing your coins big time. For me crypto is high risk, and anything can happen. You just have to prepare for it.

It is a natural thing for beginners and of course they need a lot of experience to be able to overcome that panic.
I'm sure if later beginners will understand and it's only a matter of time,
the most important thing is to keep learning

Your view is right for those coins which have great fundamentals and can pump after dump.
But if you are trading hype coins then panic sell is right. Because there is no guarantee that the coin will pump again. So I think we should sell our coins when we see dump after big pump.

Yes, the whole problem is that the cryptocurrency market is very unpredictable and it is quite difficult to determine when to sell and when to buy a top cryptocurrency in order to make a profit, given that it should also grow in price in the long and even medium term. For example, ethereum should grow well in price in the next six months or a year even with the usual retention. This coin recently rose in price above $ 4500, and now its price has dropped to $ 3300. If you sell at the peak and buy at the current price, there would be a good profit. However, we hoped for further growth and therefore did not sell, although the profit from the hold was secured. Not everything is so simple in this market.

the reality that happens will be very difficult to do when seeing things like this. We certainly have to know first when the coin is pumped? Is the fundamentals good or not? and how will it be in the future. because not all the coins that are pumped have good fundamentals, some of which end up being shitcoin.
before we start to hold and not sell we must first be skillful in choosing coins because this could be a blunder for us.
but if the coins will be good in the future why don't we try to be patient and enjoy a little because hodlers are real winners

Have you heard about the charts, literally you can get the monthly charts for the past several years from the day the Bitcoin market started and anyone who is entering the market should go and look at those charts and you can clearly see how the market would behave and how big the market will fluctuate in a short period of time. So you do not need any prior experience when you are in the market, just spend some time looking at how the market will perform. :P

I believe it is better said than done. Some markets dump real hard, so much one has to sell to recoup any form of profit. So its not a blanket rule

Yes Don't be Panic.its btc Correction and alt season will not end. Al coins will dump again after btc long term beasrish same as happened in 2017....so when agian happen in this year so at that time you purchase it for long term.....now just intra trade better. Take good entry amd make portfolio strong

I hope you haven't sold your bitcoins to Elon? remember that your strategy has remained the same and no one told you it was going to be easy.

When any bad news the price of crypto can be dump above 20%, so If we full times trader, for the better use stop loss and trailling stop to minimize the loss, and when the price bounce back we can buy at cheaper price and we get more quantity of coin. Full times trader should be have more knowledge about technical analysis and latest news about crypto. But for the holder who buy crypto for long term investment, for the better have more knowledge about how strong the team, what the purpose of the project and what problem they want to solve.

Everyone feels, especially beginners, the most common thing is that it involves a high purchase price, but there is a good lesson here that a person's mentality is illustrated whether he is able to maintain price estimates and control his emotions.

There will come a time where not selling will be your greatest regret in this space, everyone seem brainwashed right now that crypto bulls will be here everytime but little do they know that crypto space works seasonally, bears and bulls will forever be here

Regret comes only after not selling altcoins of a not popular projects, or bounty rewards. In my experience, almost everything that drops price, with time recovers and gained even more.

I will never regret how I have bought waves for $3, became its holder for 1.5 years and was happy to sell last summer when the price was around $4. And look at waves price now.

And I have numerous cases when bounty tokens became worthless after holding or buying altcoins that turned to be just a short-time hype.

I think it's normal for those people who scared when their investment drop so drastically, not everyone has a diamond hand. Especially for people who are just entering into this crypto investment.

I realize that everything you say is good advice for everyone. but everyone has a different way of thinking about trading. each person's capacity for patience and urgent need also varies. I think people who can't survive, not just because they panic or lack patience, maybe they sell out of necessity. it is also possible that they sell because they have another speculation, which is more profitable than hold. and all that is a difficult for traders.

For beginners it is normal but if people are old I don't think they learn from experience,
in investing in cryptocurrency, of course things like that have become like daily food,
and when things drop drastically we need to stay calm and continue to analyze them

By experienced most understand that before doing anything theres always a need of researching for any specific

information on why the market is fallen or if the market is moving upwards, it's not healthy to rush things out as

most of the time it will only leads you to lose your investment. Do your DYOR and it will surely benefits you.

however, the benefits will come to those who are patient and choose the right thing. to be honest, I did that too. Didn't panic when Ethereum prices fell a few years ago, it's just that I sold it when the price wasn't as high as it is today. well, at least I got a pretty big profit. however, in these circumstances, it's best to hold assets, or accumulate as much as possible, because I'm pretty sure the price of a good coin will definitely go up.

Every newbie in crypto space experience the feeling of panic selling, let's admit that some or most of us also did that. Experiencing that helped us a lot to have strong hands when the market dumps hard because of fuds. Controlling our emotion is really not easy, if you are easily affected when the market goes down that you always panic sell or cutloss but don't know what price to buy at dip then you are not fit for this type of market. Crypto is very volatile, every newbie in crypto should be prepared by that especially when a long bear season happens.

Hey. I totally agree with you. I don't seem to understand why Investors cannot understand that you cannot hodl forever. I like to hodl and that is for a period I have projected and depending on when I invested in the project. If you were supposed to take profit and you didn't think the downward trend is a correction for the moment and turns out to be the real bear market for the next 4-5 years, well, don't suppose I can say anything else.

And one thing that we always have to remember. That for each panic seller, is an opportunity for us holders and traders. We are flushing the weak hands and we are making sure that we can buy more in the dip so that we can profit more in the next ATH. These panic sellers cannot bear to think twice or think thrice about moving forward with their investment, they will cash out as soon as they see the dip and will accept a little loss of their money. So I would say let them panic. Only those who have endured dips will prevail in the next ATH.

We all learn from our mistakes its easy to said avoid panicking but it is natural when the market keeps dropping and weak hand lose hope and sell it and sooner they also realize patience is the most important thing in the crypto market if you learn to remain patient you will get success in this market. So by panic selling don't give chance to the whales to take all the profit that you deserve to have. Be sensible, control your emotions and be patient always believe in your coins.

this is where you need to realize that taking profit is necessary, I'm sure that all those who sold their coins already have a big profit, but since there will be greediness that is attached to everyone they intend to wait, for their desired price, so when dump happen they lost the opportunity to earn a profit, instead, they lost, what you should think is if you take profit today, if the coin pumps, you still have a profit, but if the coin drops, that is an opportunity for you to buy at a lower price and takes profit when it comes back, if you do things like this no matter what happens, you still gain every time, a gain that is small ios still a gain for a trader.

not always selling is the main reason someone panics there are some people maybe who understand market conditions and they take the option of selling in order to avoid more and longer losses, so they wait until the market drops to the end then buy at that time.

Price corrections is an integral part of market structure and price movement and it is not everytime that there is a dip in price that it is actually a dump, sometimes its just a period of Retracement before price continues its move in the desired market direction.
So it is not everyone that you see a drop in price that you should panic and sell, unless you're making a conscious decision to sell and buy back at lower prices

Experience will be a golden key in solving the problems facing but our psyche will probably be quite focused on negative thoughts, instead of comfort and no pressure because bad situations often make our brains connect and think of worse consequences, some cases don't want to think about selling but the prices keep dropping as in their imagination, it really causes deep hauntings in their psyche. The role of stop loss and previous planning will probably come into play, rather than just relying on some previous experience.

Good advice which not everyone will take this advice, especially for those newbies who have just bought top coins like Bitcoin, Ethereum and BNB.
I once made a mistake related to very bloody market conditions, where 95% of my assets were sold due to my emotions that could no longer stand to see the estimated value of total digital assets drop continuously. I sold Bitcoin when in 2017 when 1 Bitcoin was $ 18k, and regrets came 4 years later, namely this year, where 1 Bitcoin could be priced up to over $ 50k some time ago.
I don't want to go wrong a second time and will still believe in the determination I have.

Depends on how long you've been doing this. Some people truly around here putting money in projects they don’t believe in just because of quick money. If you are a newbie panic sell suite to you. If you are an old hand buy low and sell high. It's shift individual to individual. You don't lose anything if you don’t sell. Hold on to it, the patient consistently wins. Eventually that will be the new low. Keep buying the dips.

You should be one of those happiest person who sold their bitcoin during the bull run in 2017 before the crash. I am sure you made a lot of profit selling it at $17,000. Then why regret? Imagine how others that had to sell at a loss feel. The only mistake you made was (or not a mistake. You just didn't want to) not buying any more when the price dropped. Or at least buy something with your profit and keep holding it. It's not too late. You still have a chance now.

Acting like this is very hard friends. Most of the crypto players do not have secure funds in their wallets. They are more interested in buying coins in an all-inclusive way, this is a condition that makes panic, instead of wanting to get big profits. :'( :'(

This is a blanket advice for noobs! You need to tell them to buy bitcoin and learn how blockchain technology works and how it relate to bitcoin and Cryptocurrency in general. Investors can they hold from the position of knowledge. Hodl is such an important activities in Cryptocurrency.  It help the Cryptocurrency and reward hodler!

Yeah. Or else, whales are just laughing at you because you did what they really want you to do and fall to their traps of manipulating the market price. Always remember that market dump, correction and consolidation is part of how the crypto market is working. Basic concept of trading is to buy at red, sell at green.

Oh yeah. This one is for the newbies and people scared of making loss. The more you panic the high chance you stand to make loss.
Because with the fear and unstable mindset you'll go on and do what you're not supposed to do, maybe selling at the dip and making much loss. It's normal for the market to fall in price its stated in the law of gravity that anything that goes up must come down so its the same here the price do fluctuate unlike stable coin. Sorry even stable coins do fluctuate. So its better you keep calm till another bull if you're in a hurry you'll sell your loss and move.

A strong coin still has strong bearish potential, history has shown us Bitcoin or any altcoin in a bear market.
A trader who has a plan and understands technical analysis knows when to panic because he or she knows when the market is really down.

Yeah. It will just depends on how we will make technical analysis on the market so that we can maximize the pumps and dumps. I learned how to make signals and prediction when I started doing day trading and scalping. Sometimes there are mistakes on my TA but the important thing is to make profits daily.

That's right, but always bet bigger on bitcoin as eventually, bitcoin will be dominant again, because in the long run altcoins will struggle. What we have witnessed today is proof that anytime the market could turn into bearish from bullish, so don't get too hype with the FOMO.

I'd rather do the panic buying when there is a dump rather than panic selling. Panic selling will only give you regrets and tears of pain and anger because of losing your capital, funds and assets. Always equip yourself with enough trading skills, knowledge, reference, basis and resources.

Panic selling can be both a good and a bad thing, i know some people that hodl their BTC when it started to dump from 19k+ in early 2018 and they only had regrets in the end because Bitcoin did not recover that price again for almost 3 Years.
So in a generally bearish market condition, it helps to minimize your exposure to loss, sell some portion of your portfolio yo avoid making a bigger loss if the market doesn't recover

Quite a popular advice: don´t sell on the dump. The problem is that, if you take a look at what happened in the 2018 dumps, many of the coins never recovered, so keeping calm may only not be easy, but also not such a good idea. The way forward is to decide beforehand why are you buying a token, that is, having some idea of what would look like success and sell if any of the expectations are not being met. The price itself should not be the criteria to sell, if it is, it means that you haven DYR it correctly

Panic sales are whales' favorite thing in this market. The investor, excited and panicked, wants to sell his coin because he does not know what to do. After making this sale, he will probably regret it. But the most important thing in this market is to be an investor who is cold-blooded, does not panic, knows what to do and has set a goal for himself. not everyone can do this. but we can learn this by trading.

How do you know they are novice? Do you really think novices have enough assets to make a market crashing by selling their bags? People must do whatever they want, they don't need misleading advices. If they are convinced the price will go down, there is no reason for them to not sell, they will be able to buy back their assets at a lower price and then to make profit. And even if they don't want to buy back, they will at least avoid depreciation of the value of their funds.

Panic selling can be something that happens to many people. you want to protect your investment. You don't want to lose your invested money. The reason for these panic sales is largely due to this. people don't want to lose their money. so it panic. but some do not panic and sell, then maybe they will regret it. because the decrease experienced may take a long time. And if you remember, the bear season lasted 3-4 years after 2017 and bitcoin did not reach its old price again. so panic sales can be considered both a good thing and a bad thing.

If you are not strong at investing in a volatile market then you will really panic sell if you see the market suddenly crash. That's why having knowledge about crypto investing is so important. You will regret if you lose a lot because of panic, it is better to learn more and try to handle your emotions. Otherwise the whales will be happy to buy your coins at the dump.

It will be such a terrible action to only sell when the market is crashing. Some investors don’t realise how dangerous crypto market is that’s why if they witness massive dump they fear that they will lose a lot and cutting losses immediately for they believe that they made the right decision only if they’re just for long term perspective its not really necessary to panic like its the end of the world.

The correct approach is secure as much quality data in the most brief measure of time conceivable to make a respectable judgment. Coins can crash for awesome reasons. In any case, when you have a feeling that a coin is exaggerated simply sell and run in light of the fact that the landfill is consistently user dump and you can lose every one of your benefits

The panic occurred because maybe they did not prepare for the big decline like now. those who panic selling will only regret it at a later date. as we know that the crypto market has high votality and must be able to be careful in managing money management. If you already have readiness I think people will benefit from investing. the decline like now should be momentum

Who wouldn't be? sometimes you can't help panicking because you're losing your money, your hoping for a bigger profit and then comes dumping, but then you're right when you know that it's just a strategy that others make you wouldn't give in easily. You will know what to do, while their dumping coins.. yours it hodl waiting to pump so that when the right time comes at the value is high you'll know what to do next.

That's why beginners are required to first learn to control their emotions in order to understand the market conditions when to release and when to buy certain coins so that there is no panic when rising or falling prices in the market, for experience it is enough for a failure to release coins that have the potential to be gems

If you focus on yourself, then experience will dictate things to you. The cycle is always there and those who panic
right away, without analysing the situation mostly failed and lose a lot.
But those who know how to do and have good knowledge of how the market really works they can continue holding
or buy more to add to their current holdings.
They know that once the market bounced back; they got much better profits.

It's not just the novice alone it happens to even professionals I think it's a matter of how accurate your analysis may be. If you have a good analysis and you are sure of the next move then it's better to buy the dip and hodl but the truth is not all coins are worth this risky adventure it's better you limit the loss and sell the dip if the analysis remains unclear to you

Beginners aren't the only people who sell their coins by being panicked. But beginners make the mistake by selling their coins at lower price. Where some old and professional crypto users sell their crypto to buy back at lower point again. Even few manipulator sell big amount to create more panic. Investing in top good coins have less risk but whole crypto market falls when a big FUD happens. There will be always some panic seller in crypto market, nothing can stop them.

Indeed, it’s not just about being novice as professional traders made those type of mistakes. So we need to do the best analysis for any situation whether it’s bullish rally or correction. Thus we could get the best ROI on your trades/investment along with DCA for long term hodling.

Who doesn't panic if the coins we hold go down in price?  Everyone will certainly panic, and those who panic more are those who have small capital. Because if we lose then there are no more assets that we have, Patience is necessary but not everyone can do it.

Having a bit knowledge about technical analysis is very essential for every trader including holders too. Sometimes you think market is dumping but when view on a macro structural level, they are nothing but just a mere correction which is healthy for any market. Just like the man who predicted the Bitcoin model to a million, using that chart alone will make you hold your coins no matter the condition of the market.

How could you able to determine a mere correction and a possible dump/crash next in line? This is where things even way more harder and this is why its really hard to retain yourself into the market
and wont able to make some mistakes because due to unpredictability then mistakes is always really that rampant no matter how knowledgeable and skillful you are.There would always be those
situations on where being experienced doesnt really count but we cant really avoid the fact that experienced ones would always have the edge and its a must thing for you to survive
on this market.

Once the coins are pumped, of course there will be dump. So this is a lesson for traders that it is best to buy coins when the market is not bullish. Or you can buy coins before pumping comes along. This can minimize losses. Anyone would panic I think, if someone buys at a high price, but then the price of the coin drops dramatically. Again we must know the market conditions before entry points.

We usually see Pump and dump in crypto. I think the one who Will panic when the dump come is people who have a huge capital, not the small one. Because when the assets go down, even just 3%, they lost a big money. It makes them panic, then make the dump even worst.

Depends some coins get one pump so you might want to exit once it's starts dropping.  But if you are talking coins like bitcoin, eth, etc then no you should just hold out.  Generally you want to sell when everyone is buying not when everyone else is selling.  This is how you make money.

If you are choosing the right coins - the ones that have some fundamental basement like technology, team, implementation etc. - you will always be sure that dump is temporary and there will be more pumps. And thus you can always wait and hold for several more months (or even years).

don't ever panic because if the dump will cause panic and big losses there will be many mistakes and losses if it's one of the options to get a profit panic will make a lot of losses investors who have lost a lot of money because they are impatient will make big losses problems later it could be an opportunity to provide great benefits.

so all we do is hold it until the market goes back up. but it is worth doing for coins with a large market cap. For new projects, I think there will be more risk, because many of them are dumped and don't come back up again. but every bitcoin drop for example, is an opportunity to buy collect coins, so we get a lot of coins to invest

Dumps and price corrections are two similar parables. but some investors are afraid to sell when the correction occurs and they hope the price will go down and buy again, usually panic occurs because they have been waiting for a long time and the price of the coin does not rise after experiencing a correction for several months, this is why technical analysis is needed before you plan to invest in new coins, because some investors will calm down if they have coins like BTC and other top 100, the price will definitely hit ATH again because the coin has strong fundamentals

If I frankly speaking it's not as easy as it sounds. I have come to know it with my own life experience. But it's also true that those who have been able to control themselves at the time of this panic have been able to see the face of profit later on. But for this, you have to be more patient and give it enough time.

If you are new to crypto then you may panice, else for the seasoned players all know that btc and altcoins does have a roller coaster ride and in long term you make money. As well if you are just a short term investor than yes could have some panic situation during the course of it.

I agree with your words These mistakes are usually caused by new traders when the market is down. A fear of them works a lot of the time they then sell out their asset. When new investors make this mistake, big investors exploit this opportunity to invest a lot of big amount. There will be such an updown in the crypto market. So I will say to new investors when the market is down, you will try to exploit your asset as quickly as possible and reinvest it will bring you a lot of profit. Don't Panic.. almost try to hold obviously you make rich Upcoming future

Yes, I agree with you. When your holding coin prices dupm then many holder sell dump price and they loses Their  investment money.You should follow the market and Don't be panic. When you start trading or holding then you need to more patience and contorl your emotion so Don't  be panic stay carry on.I think dupm coin price increase in future and you will get profit from it.

It's not easy to for someone who still new to this business to witness their investment to fall down.

The common reaction is to sell and avoid bigger losses, a kind of mistake that unavoidable by new traders and investors.

But along the way, when you start to learn the process and you start investing in a decent project, you will understand
the concepts of trading, buying at the dip and selling when the price pumped up.

I totally agree with your opinion that we don't need to panic when the coins we hold experience a deep dump, but in cases like this we can apply if the coins we hold are really good coins like coins that rank high on the marketcap but if we hold coins that have not developed well, of course, it will be a loss if we continue to hold the coin, especially if the coin has no progress in it and cannot get the price back.

Panic sells are usually done by beginners when the value moves down and they don't understand the coins they have and don't understand the real crypto cycle and their portfolio achievement targets,

Yes. For now I have relaxed with any market conditions. Because this experience continues to make us mature in the face of dumps. Experience is the best teacher. I've been familiar with crypto for a long time with all sorts of price change. But this kind of condition does not apply to all altcoins, so we also need to choose certain coins for long-term investments.

Reinvest is a good decision, but make sure you only do it with the cold funds, because ifs not, it will just add more panic when the price keep going down.

Some investors and I mean the majority hates to see their portfolio losing their value, so they cut losses to save whatever they can save, this kind of investors are those who take a loan, convert their saving to Cryptocurrency and not really invested what they can affords to lose, in short they are here for profit, and so they are very quick to dump when market is crashing, we really can't blame these people, it's their hard-earned money, their mindset is not losing money.

Selling coins or tokens at a dump price is a natural thing and is psychological for most people, because it is to save assets from bigger losses. But you are right we must be able to refrain from selling coins or tokens that we believe that the tokens are good and one day will rise again, should at the time of the dump we buy more tokens, not sell.

I absolutely agree with you. We shouldn't panic but follow our strategy and be disciplined.
When there is a dump, we had better get rid of risky shit coins, but it is pointless to worry about mainstream currencies. Of course whales are in a better position, as we sometimes really need our money and if this need arises during bear market, we will sell for low prices.

It easier said than done. The pressure you feel when you see that the prices are keep crashing down and a lot are panic selling. The important thing is that you make sure you only risk capital which you can afford to lose, and that well likely lessen the panic and regrets. Crypto markets especially see such up and down in prices, important is you are looking for long-term gains.

I strongly believe that people should groom their minds for the reality of Dips. It is bound to happen at one point or another. When this happens, don’t act on emotions. Easier said, I know but when you prepare for situations as this, it actually helps you react better than you would in an unprepared state or a state of denial. In other words, don’t just learn about the market only, work on your mind too. Know when to hold and when to sell. And sometimes there are wild opportunities when there’s a dip. Emotions isn’t always good for the market. It never is anyway.

Not only for newbies, although on the whole they are newbies who often panic because of it, but it also cannot be denied by those who are experienced because sometimes they also feel panic about it, where it appears automatically when conditions are different.

So you imagine, when you invest there may be a sense of worry when the price drops sharply with a fast period of time.
But if you are used to being a trader or investor in crypto assets, things like this are normal. Crypto asset prices change very quickly, sometimes up high and down sharply. This is because, pure crypto asset trading is left to the market based on supply and demand.
for example, Bitcoin is an asset that is in limited and fixed supply. It should be noted, Bitcoin was only created 21 million pieces. Currently, around 18.5 million pieces have been mined.
logically, when the supply or supply of the asset is limited and the demand continues to increase, the price will continue to rise. If many investors or traders are releasing and trading is sluggish, you can already guess what Bitcoin price will look like.

Panic can attack anyone, especially in certain situations and to be honest, not everyone can easily control it,
Panic for me is normal, it's just a matter of how we deal with it or at least we can control it

Controlling a trade is a very difficult thing, just like controlling emotions. for me it is something that is common in trading because not all traders have a lot of money and only use money for daily needs. so that when they buy coins and experience a decrease in price, they will surely panic and sell it immediately with the reason that they are afraid of losing their money because they use money for their daily needs

When you are investing with little knowledge, you will likely easily get panicked if there are significant changes in the market, may it be a dump or a pump, the important thing here is not to get affected by your emotion, instead be objected, always use your mind as it's the one that will dictate you to do your strategy in investing.

Why there are some losers in the space, that's because they easily panic and most of them are newbies.

That investment should always use free money or money that we don't spend elsewhere, because it can be a little relaxing for any trader to go through when market conditions change suddenly, but don't panic to sell it right away.

And it should not be treated that way, most of those who lose their money are those who have this kind of attitude.

Fear leads them and with not enough understanding they suffer a lot, before jumping to this business make sure to anticipate both

risk and potential profits, doing your DYOR saves you a lot, money is very important but knowledge and skills will allow you to take profits,
rise and fall is part of this market make use of it to favor your investment.

In fact, panic from dumping is a state of psychological struggle that does not necessarily occur when newcomers are not aware enough to trust the level of development of bitcoin and crypto. Most of the factors are woven by the community with FUD in favor of their short positions or whales looking for more profitable levels. Sudden reversal patterns often point to a degree of adjustment from "panic".

I guess the psychology of someone new to the crypto market is still not strong. unless they are people who are accustomed to trading the stock market or other trading markets. of course, they are better prepared and not panicked to see the rapid movement of asset prices decline.
to master it, of course, every new person must have good knowledge and skills before entering the crypto market.
because most of those who panic are those who just enter the market without a knowledge of the crypto market first.

This often happens with day traders and to those who are new to trading. Yes, I have my own experience in it. I remember, when I invested around $2k and awaited for a return to close off my commitments, I had to closely watch to see if I can get some profits. So what happened is, there were sudden market manipulation. Sudden dip and sudden hike as well. I had to change my decision to either sell off at loss and buy other coin which is at its spike. I ended up losing 50% of money i invested. So never fall into panic sells when market is manipulated.

However, we also need to consider panic selling when the whales have started tossing the coins because it will take a very long time to hold the coins, especially if the coins very rarely have major updates, then to pump back the coins rely only on the increase in the price of BTC even then it won't pump high, maybe that's what I experienced while I was trading in the market.

You're not overthinking as this is what is happening especially to the novice who just got introduced into the system. I just hope this little piece of advice from you would help them in setting in.

Ideally it should be use that kind of money, but many of people who seeing only profit over the investment activity somehow use fund that not appropriate to use for investment, like daily needs or even tuition fee, thats must bring poeple very stressful when the dumps come.

This I think is what the new players should always have as an advise in crypto. We always have to be sure that our emotions will not be ahead of us and we will be able to control our emotions when a dip happens. It is tempting to just put it back to fiat when a dip happens but no. Be able to control it and be able to make it work to your advantage. As many have implied here, being patient actually helps.

I personally can only be patient when market conditions change for the worse or change as I do not want, although sometimes panic can haunt me suddenly, but I am always more patient in dealing with it and ignore every word from other people.

Considering the current situation, we can say we are on the right side. Yes, we are still in a bear market. Everything is glowing red everywhere I set my eyes on. But I'm glad I didn't lose my temper and I didn't panic sell. I simply hodled and amassed a fair amount of my fave altcoins for my portfolio. My current holdings include ETH, ADA, LTC, BNB, XRP, and this hidden gem XSN. I strongly believe these coins will generate massive profits on the next bull run.

Considering the current situation, we can say we are on the right side. Yes, we are still in a bear market. Everything is glowing red everywhere I set my eyes on. But I'm glad I didn't lose my temper and I didn't panic sell. I simply hodled and amassed a fair amount of my fave altcoins for my portfolio. My current holdings include ETH, ADA, LTC, BNB, XRP, and this hidden gem XSN. I strongly believe these coins will generate massive profits on the next bull run.

Well we cannot really say that we don't have fear specially when we are newbie and there are still a lot of strategy that we need to know, that is why we need to ask the expert to get some idea of what we are going to do with some unexpected situation, panic selling is the number one problem of some newbie but you guys can study the market, with proper knowledge you can take advantage of any situation the market gives, because not everytime the suggestion or prediction of an expert is right. So self study is always needed to avoid losing on panic selling.

It is necessary to think about situations like this, so as not to panic when the coins start to be pumped hard, initially all coins will be pumped but at a certain time it will stabilize by itself, if we don't have a view of this incident, panic will spread, so the coins we buy will be released quickly. the price is cheap, so there is no benefit from buying the coin, therefore it is necessary to study every decision we take, so as not to experience losses in the future.

In the world of crypto and investing it is very important when investing or trading we must have a special strategy and stand firm, sufficient knowledge and experience in keeping the market cheap and releasing at the right time, and what often happens to beginners when coins fall in price, they panic and sell all of this even though it was just a temporary habit for the sake of the crypto market being lively, and when it started to rise again beyond what he expected so he was tempted to buy it again, then we need to remind again for beginners to be good at reading market conditions so as not to panic in controlling the coins that have it in order to survive the panicked coin-holding whale

Panic is a bad move in investing, usually panic will make people wrong in making decisions, the habit of the coin will keep pumping at a certain time, but not forever the coin will be in that position, I don't think there is need to panic in this situation, need to prepare steps steps if this happens, so that at some point we don't panic and have a way to get out of the problem.

We always make a lot of sense when we advise others. When you arrive, you will forget all your experiences. When we find that the price is falling, we may choose to wait and see. But when the price continues to drop, we will panic and sell our coins. One of the reasons we sell coins is because we don't trust this coin.

Whales are very hard to work with, they are killjoy and they are selfish. It's tough to play catch and ride as they can easily manipulate the directions. If you panic under some circumstances, then you will lose your chance. The best practice is to keep your eyes open and make sure that your guard is always up.

Set your target according to your understanding, both buy and sell position needs to come from your research. Failure to do the process will lead you to lose your money when artificial dumped takes place and the selling pressures are stronger than the buy support from the market.

for a beginner I see the dump as a big loss, and scary. but for a professional dump can be interpreted as an impressive moment because it can add to the collection at a low price and wait until the price is high. this must be educated to beginners so they are not afraid of dumps

I think a lot of people want to try all sorts and kinds of strange ways to predict the future market direction, but thats just wishful thinking. Daytrading is fun but when you are in a dump, you do not sell for less than you bought it for. I would think it's smarter to leave it as a long term investment. From a mathematical standpoint, your wallets keep shrinking in the daytrading game...

...In any case, don't put all your eggs in one basket and moving the eggs back and forth will end you up with several cracked eggs.

For one you are not overthinking it. It is really true that many of the old timers here, have been giving out small tips to newbies when it comes to investing in crypto, and one of these tips is really not to use your emotion when making a decision that would make you earn more or lose more of your money. Do not panic when there is a correction, it is normal for corrections to happen and it is normal for prices to go down after it went exceedingly up. You will be able to make better decisions if you are calm.

Sometimes saying that to a beginner does not match the expected expectations, but this will be a panic for beginners if a dump occurs.
The most important thing is that beginners must be trained with habits like this because it will be a valuable experience later, I also used to experience the same thing and panicked too much when a dump occurred but over time I have understood how to control my emotions and anxiety, so now it's a bit calm down and a correction or some other kind of decline will remain safe for the long term.

It's no fit cause even you'll informed them about this matter they will simply react from how the market moves.
Most of the time, beginners are afraid they are not ready to risk their money, with huge fall, they will simply go with the flow and
Accept that they lose. Not a good practice, but if they'll take this mistake as a good learning ground, on their next attempt.
it will be more stable and not the same as the previous outcome.

This situation will all be felt by beginners, even I myself also felt as you said when I just joined this community.
  but what I can say now to avoid panic is not to open the market too often when the market conditions dump. doing analysis and research before taking any further action is a smart choice made by many experienced investors.

You mentioned a very good point.  But even after so much caution, some people will panic sell their assets. Because fear, emotion are very difficult to control. But most of the time those who can control are the gainers. There is a lot to learn from the discussion of this topic for new traders. I hope they will learn these well.

In gambling they say winners know when to stop and In the world of trading they say use a stop loss to cut your losses same thing can be applied to a crashing market, you can choose to sell and when it hits its low that should be a good time to buy the dump and make money and recover your losses and also make a profit while the market recovers to get back were it was before.

Btw am not against the idea of holding in a crashing market but if your beliefs aren't aligned in strongly believing in crypto its okay to sell, just my 2cents.

That's why there is no single investment strategy that can be adopted universally for profits, everyone has its own. Mostly people sell when market crashes, latest such instances is BTC crash from 50k to 32k after musk tweeted against BTC.

One of Warren Buffett's most famous investment sayings is "Be fearful when others are greedy. Be greedy when others are fearful."

Whales follow this strategy thats why they are called whales.

When a person is in a panic mood, he can make those decisions that will lead to a loss of profit. Many newcomers to the cryptocurrency market are very panicked and this does not allow them to control the situation with the coin they have chosen for investment. You should never panic, it is much better to think everything through very carefully and only then make the right decision.

True Most of the time when you dump it does get right back so maybe just stick with fundamentals and see how that goes because anything can happen with a coin that have some serious development and developers backing So basically fundamentals really works out well for coin Also make sure you are following what coin you are interested

There are traders who are good at rinsing this way. They managed to cut their losses and wait for another good opportunity to buy back.

It's riskier though since it's tough to determine whether the dip already done or there are more incomings
that will only cause you more losses. You need to work harder if you plan to use this strategy.

Good nerve and experienced with the kind of market actions will help you to survive. Panic is a common reaction
but you can control with the right sets of knowledge within the venue of business that you are working.

for people who have seen dump prices many times, most likely won't panic, and know what they need to do. however, for beginners, it seems quite difficult for them to "not think about" the correction that occurred, especially if it is their first investment, or they are going all-in.
it would be great if they could indeed keep their cool when prices were down, but there was very little that could be done. when the price dumps, there are some moments that make them think like "if they don't sell now, the price can get even lower" and that makes them compelled to sell their assets.
If someone can control themselves, and not panic when prices are moderate, I think they will make the right decisions for their long-term investment, such as increasing the amount of assets because prices are discounting, and trying to take advantage of the situation. if they can't control it, I think they will sell the asset without waiting.

It is very vulnerable to happen in general, especially when the correction and bitcoin go down, strange news appears, if you read it will be affected by the cutloss. Calm and relaxed whose name is the ups and downs market is normal, don't panic cutloss because it is affected by money. it is recommended to always use money management, don't go all-in in 1 coin/token, if crypto is slammed -50% can panic stress and can't be dragged down and that means if you already know the crypto fundamentals, focus on the long term and HODL becomes easy after crypto becomes yours is the default worldview.

You are not overreacting,all traders feel the same way. It's true we should not get FUD when there is a dump. This is only a strategy in which they will hire FUDers to do
panic fake news spreading to deceive us into selling and in which they will buy it immediately to raise the prices.

I absolutely agree with you. We shouldn't panic but follow our strategy and try to cope with our emotions.When there is a dump we don’t have to worry about mainstream currencies, but anyway it is better to sell off shit coins if you are not sure if they are likely to survive the dip. Of course whales are in a better position, as we sometimes really need our money and if this need arises during a bear market, we will sell for low prices.

Panic is actually not a problem, because it can still be completely eliminated when a person experiences it suddenly, because panic appears by itself when every condition starts to change for the worse in the market and the person is still in the investment stage.

In my own view about this thing mate, perhaps, we cannot put out this thing into their mind every time there dumping happening in the market. Though, we shouldn't be panic at all that's true anyway. The reason of being panic is that their knowledge is that deep or mature enough so they are not yet fully in control in terms of their emotional feelings.

I totally agree with the idea. Especially new people in this market are doing this a lot. There is no reason to panic when you witness a big dump. You should be already knowing that these things are totally normal in a volatile market like this. You should have a plan B for these cases. And if you invested into top cryptocurrencies, then you shouldn't worry at all in my opinion. Because sooner or later, the price will start recovering.

I agree with you. Don't make a rash decision to sell coins when you dump because you're panicking. This may be difficult so you have to practice to control your emotions well. If a dump occurs and you already buy coins at a high price, choosing to hold is much better. later you will actually get a profit when the market is stable and pumps back.In addition, you also have to see and learn the mistakes you have made as a benchmark.

You can't just say that to those that are in big loss. They're most likely new to the market and when they see big dumps, they're in panic because it's really a psychological game for many of us.
When I was still new, it's really hard to bear with it because when you see those dumps, there's no other thing that you can't think of but about the losing of money and being negative.

When I first entered the crypto world, I always panicked when prices fell but this is normal. When crypto prices go down, it's best not to panic and don't check the value of the investment constantly.
One of the things he does during market turmoil is avoid checking his own investments. Because this can trigger the emergence of momentary emotions that lead to making wrong decisions. Always remember that volatility will always be there, especially considering that crypto currencies are indeed high risk. As long as the decline doesn't hinder other financial goals and the portion is no more than 5% of the overall portfolio, you can sit back and wait for the price to rebound.

You won't be rich, if you sell that's the motto CZ keep telling everyone and panic sellers are always be losers in the end though. Panic selling will always be  disaster to all newbie in this industry and always be a victim when market is down because they lack focus and commitment on something of to hold on to it. This will be a lesson to all that new in this industry that having a strong hands will always be declared a winner.

This sometimes has to be done if we invest with coins whose fundamentals are less qualified or just hype. When it goes up, we have to sell it immediately. Otherwise, the price will become dregs. Unlike coins with good fundamentals and high volume , this can be maintained .

Coins with high fundamentals will be able to regain the initial price when we start buying a coin after the dump, and that has happened to some big coins in the crypto market, the problem is for beginners to consider the coin that is being talked about as a coin. which is good because of their lack of knowledge, if they do research it will also be difficult considering their mental state is still unstable in facing a very volatile crypto market, maybe the best and easiest advice we can give is to buy coins with a top 10 rating, because logically a coin which does not have strong fundamentals and does not have good potential to grow in the future is unlikely to achieve this rating.

I would love to support the OP, but unfortunately different strategies need to be devised for different coins. There may be occasions where it is better to get rid of the coins when the prices are going down. An example is where it is known that a project is a scam and the developers have vanished without a trace. What is the point in holding such a token? Such projects have virtually zero chances of making a comeback. During my early days in the cryptocurrency sector, I made the mistake of investing in a few such projects.

For me, for tokens that are experiencing a pump, I will immediately exit the market, because I fear that after that a dump will occur and it will eventually be difficult to get back up again. many examples of such tokens, different for top coins like bitcoin, I guess by always holding it is not a problem. Therefore, for new tokens, it is better to take advantage and set aside some if we are still sure the price will continue to rise

You dont have to worry. Of course there is a wise way to deal with stock conditions that have fallen drastically.

It is very common for the stock market to go down when negative sentiment circulates. The condition that often occurs is panic selling.  Even if the stocks drop below their usual price, be careful in sliding. Do not buy when the stock price is falling, you should be patient to wait until the panic is over and the stock price is stable. Panic in the market will always have an end. When the market starts to reverse from red to green, you can start to look at interesting stocks to collect at discounted prices.

Another way you can do this is to keep the shares you already own. Especially if you already have large market cap stocks with good fundamentals.

Usually the news presented by the media makes people panic, moreover it is related to cryptocurrency regulation usually the impact on prices is so drastic. The most important thing is to be sure that crypto is the investment of the future. Because by believing in our assets it will make us profit in the future.

I never depend on other people's information when I start my trading, because now it's very easy to get every information needed if the problem is only about trading, but if the problem is only because of panic, it also depends on how to control and react wisely when there is new information whose truth is still not accurate or proven, so panicking is clearly pointless.

Actually Pump and Dump will always happen and that's because of the actions of big traders who buy coins in large quantities to increase prices so that coins soar, and things like that will cause panic and compete to buy coins so as not to miss or fomo, and after that the big traders dump (Dump) so the market goes down.
Incidents like this are very detrimental to small owners, as they can't sell coins as high as they bought them, and it usually happens to newbies like me when I was just starting out in the crypto world.
and things like that will be a lesson because what happened in the market and the crypto world that has happened will happen again and everything will be a valuable lesson so that in the future it doesn't happen again because it will learn from experience.

It actually depends on the situation, if you have big amount of investment in a specific altcoin it is very hard not to panic in the dump times. But im trying to be calm and do some plan to overcome those losses and be effecient in trading. I think you must do your plan B if your coin got dump .

The most important thing in the investment world is when investing or trading is to have a good analytical strategy pattern, experienced traders will not panic sell if they buy coins that are the forerunner of the weighty value we know and so they are able to control emotions and be consistent with what we invest when it goes down or down. increase the coin, so there is no error when releasing or the opportunity to take profit

I think people who panic in trading are people who have just started it and those who don't make their trading strategies. i think someone who has made their trading strategy then no panic hit them. therefore it is better before making a trade by throwing large funds then making a trading strategy is the most important step that must be done.

right now, I pretty much believe that some people holding bitcoin or other altcoins are freaking out. Judging from tradingview (https://www.tradingview.com/symbols/BTCUSD/), within 24 hours, the price of bitcoin decreased by around $2331. this causes them to panic a little, and most likely sell their assets in part or in whole.
In addition, according to Cointelegraph analysis (https://cointelegraph.com/news/top-5-cryptocurrencies-to-watch-this-week-btc-dot-luna-atom-ftt) today, focusing on the bitcoin price, the bitcoin price could drop to the $42451 range if the decline continues.
however, I think this is one of the forms of correction that occurs. I feel that at the end of this month, the price of bitcoin will probably decrease a bit, before the price rises again. I believe that the bitcoin price will return to the $50k range. selling it right now is a bad decision. In addition, according to an analysis from Cointelegraph as well, if there is a recovery the price of bitcoin can return to the range of $48k and I believe that will happen.

I get your point. Supply and demand keep the market works. Investors are the ones who create the movement.

Just like how you state your personal experienced in which big buyers create fomos and once they decided to sell fuds follows.
Not safe for newcomers and those who don't have any concrete knowledge of how things really working inside the market.

Experienced gives you opportunities if you really take things deeper and understand the possibilities of this industry.

But, you have to think about the other possibilities such as cut losses or even it's just a bait to buy on dip. Sometimes it's better to do cut losses when occasionally the price at the end keep dumping because some stuff occurs during that time. There is no exact absolute way to trade when the dump thing happens, it' depends on the situations.

Agree .. Panic selling when the price drops badly is a natural thing . But that's where we have to be good at seeing the situation. Although sometimes CL is a detrimental choice, but here we are securing our assets from falling coin prices. It's not a good choice, but I'm sure everyone has certain reasons they don't want to lose all their capital. Because we can suppress losses.

Entering 2021, The trend of investing and trading crypto assets continues to increase. The positive trend of rising crypto assets is evidence of increasing public confidence in crypto assets as one of the promising investment instruments. For this reason, there are a lot of novice investors who want to try to make a profit in cryptocurrency, although they have not fully studied the strategy of trading in cryptocurrencies properly, they still want to start investing in crypto asset trading without thinking about the risk of loss if they choose the wrong coin.
As a novice trader in cryptocurrency, proper planning and execution is required in order to gain profit. And they should know that buying and selling crypto assets can be said to be more difficult, because of the high volatility and risk involved.

Having a detailed trading plan before making a trade is very important, because it can help traders avoid psychological factors such as emotions or logical errors that can affect trading performance. If the novice trader already understands the important methods before jumping into the market, they will never panic sell because they already know when is the right time to buy and when to sell.

perhaps more precisely, equally important are strategy, skills, and experience in trading.
because seeing the market in a bad state is a test for a trader and investor in dealing with their psychology to hold assets or carry out the most appropriate tactics.

Sometimes a coin pumps hard and starts dumping it's volatility in the flow of cryptocurrencies, to attract attention and more people interested in investing.
When participating in investing in any field, the most important thing you need to do is learn about it, control your emotions and accept everything that happens, don't always listen to rumors. "bubble" news and panic.
For experienced investors they will not panic sell once they have bought the currency they are familiar with.
That is why it is always said that whenever we are about to enter the crypto world, we must be ready to take risks, manage risks and emotions well, and fund our capital.

For someone who is a professional knows how crypto works, dumps and pumps are commonplace because the crypto market cycle works properly like bullish, bearish and sideways. we just need to set the right way of choosing the right time to enter the market and when to exit the market. if there is a panic sell there is no need to worry we just need to wait for the right moment for the pump trend to return. this is a way to control our psychology

What is been briefed on the opening post is the process by which whales acquire the holdings of the small volume holders. This is in practice long ago itself. In the past when there is bear trend in the market the whales once again add some negative news to it. This will cause the market dump further and the whales make use of the opportunity and lets them hold more at a much lower cost.

Compared to the past now the people and the cryptocurrency investors are well mature. Very few are into panic about the market whereas majority just keep hold and tries to make use of the dump market by adding more cryptocurrencies to the portfolio.

experienced traders understand the benefits of this market cycles, they are always looking for opportunities and they are not rushing

in observing every possible entry and exit point to have some decent profits.

Very possible if you first understand how the market works, as you'll be able to predict the next market movements.

Best to practice to always keeps your emotions away, make sure to analyze if there're potentials and if the market already dips better to
buy and wait for the bounce to collect good profits.

Newbies don't have the mentality when seeing drastic dumps in the crypto market so they decide to cut losses to avoid higher losses, actually we don't need to rush to respond to market crashes because volatile markets don't cause prices to stabilize all the time, sometimes markets need to break to achieve even higher improvements in the future.

Easy to say on dont panic sell even experienced or veteran ones do really been affected with this which its normal that we do really have that kind of reactions.Due to unpredictability of the market

then its normal that you would really be panicking specially if you dont have sufficient knowledge but once you do have this and able to aware on things in the market then you would

know on what are the things that you should do on at least lessening the risk that you could really able to experience.

But you have to stay composed, this is a risky game, if you lose that composure, you will panic and will make a bad decision. This is the moment where some investors do panic selling, so I guess the right way to counter it in a positive way is to do panic buying as well.

Well most of them don't have fully not understand how do move the pice and they are always worried about their investment and most of them don't trust yet the system, on the Bitcoin and how far it goes. In the market, if they will found that the price has a correction, most of them cutting their losses which is not good because it means you have blindly accepted your loss even you know that it will pump up soon after this correction. If you are a long term holder, stay away from any exchange to see the price, you have set a targeted rule and I think that is fine

In trading activities, we risk our money and once we enter a transaction, we are like riding a roller coaster of emotions.
That's why a trader must also learn about trading psychology in order to control his emotions when trading.
A trader who cannot control his emotions, nor can manage his money

Success in trading is the result of a combination of strategy and well-controlled emotions.

In the crypto space, bull and bear are two seasons which one cannot run or hide from, and where bull run is easier as people can create and benefit from good portfolio, bear tends to challenge your stand on coins you trust, thus the reason why a lot of people always dump at loss when the market is down. Also, currently, there are lots of good projects out there, and most people who failed to buy their desired coins and tokens at a good price, while leverage the bear market to build a nice portfolio of good projects.
In the same way, it is sometimes hard to advice someone to hold during a market dump, as such person seeking advice about holding or not might not have done his research on good coins and tokens prior to the market dump.
Thus lastly, holding good coins is very good as it will give the holder some sort of assurance that what the team are working on, is capable of making the coin in question to last long term hence with this, no panic selling during a market dump.

The decision to sell during a price dump isn't as simple as a panic and sell. A lot is dependent what price you bought your coins at, when price it is before the dump started and also what price it is at presently.
If you are able to get it at a great lower price, then there is nothing wrong with selling part of your cryptocurrency holdings if you fear that a dump is about to happen or is happening, it is wrong however to hold unto coins you bug at a ridiculously high price due to FOMO because you want to recoup tge prices that you paid for such coins

Understanding trading well & understanding market conditions optimally will usually automatically be obtained in a strategy that has been made by a trader, without a strategy one will not know how to trade and market conditions. I think strategy is the most important thing in trading.
for a trader who has a good strategy, if the market conditions are bad then it doesn't become a barrier in his trade

The panic caused to beginners will continue to be used by PAUS in buying, so that when the recovery is complete, he will continue to benefit, for beginners if a dump occurs they will panic even more, due to lack of knowledge and experience in investing, it is necessary to control emotions and practice must remain improved, so that in the future they will master every problem that is caused, so that finding a way out is not so difficult.

Well here we are again, in dumping season in which the market is Redding again and i really hate seeing this kind of momentum . since this is what manipulators wanted to happen , to shaken the market and react those Weak hands and panicking and then "Welcome Money Bag" .

While i keep my funds inside my wallet yet i have no spare amount to re invest while the market is in this discounted position.
but why Panic and sell when you make it Panic and Buy? instead of joining the panicking why not help the market stays in position by not contributing to the domino effect?
That is a far different idea, because if you are a HOLDER then you will not be concern if how much is the price now or tomorrow but what is the price in your scheduled selling .

Panic is a bad thing, when we panic we cannot think logically so emotional control is needed when we invest or trade cryptocurrencies, the most important thing is that we must understand that cryptocurrencies need time to profit so when the market dumps, waiting and being patient is the best thing .

I really feel sad for the new crypto investment who would always come in when there is a hype and crypto currency and the market pumps but soon as the market that dipping they dont know what to do and start selling to at least get some of there money back…. Make your research when investing in a project and know that its never too late to invest in crypto

It's tough seeing that the value of your assets are falling, without the right attitude emotion will surely push your to sell and follow the trend, that's why many experienced traders always advise not to invest with the money that you are not willing to lose, the logic is you can't hold longer time frame  if you are not ready to forget about the amount that you invested.

It's much easier for trader to leave the exchange when dumped is ongoing to prevent rushing their decision if they belive that it will bounce back,.

Listen to the hodlers. Everytime you panic and sell, you will lose in the long term. You might get lucky and hit a lucky streak where you guess the right false-bottom and the true bottom but in the end it all depends on luck. And seeing as the crypto market has proven itself resilient and deflationary, I think betting in the opposite direction of that is a foolish move for any trader, no matter how experienced they are...

Cryptocurrency bear market is always an offset for newbie, because must time newbie don't know what exactly is the cause of the dump, so in regards to that, newbie panic and emotions will come and play its role, at this point patience is really needed if not newbie will sell at the dump thinking he is loosing his entire money and it will never come back again. But that's not the reality, the reality is that even with the dump, our assets is still there all we need is time so that it will recover and then we calculate profit.