panic sell in trading

[hero_the_bossman]

Most of the sell orders I placed after seeing the coin/token depreciating were correct. I didn't do it out of fear/FOMO, but out of caution after thinking about it a lot. Many of them no longer exist. So I believe we should always be vigilant in the market.

The market punishes those who try to profit from it quickly.
That's always how it will be.

[Pandorak]

The world is getting much better due to the current technology’s upward. And through this developed world, people are also going to improve day by day. Besides, people have started to know a lot about crypto currency. Cryptocurrency is currently known as one of the largest financial assets of the future in the exterior world. But many of the beginners do not say what crypto or bitcoin say, people are expressing much more interest in bitcoin. Especially the new generation who have started to know a little about cryptocurrency, they are constantly investing on cryptocurrency. Again, it’s true that many people are losing their money as they invest in this bitcoin. The main reason for this is that you need to invest in trading with the right knowledge. If you start trading without experience, you can read in entering. For this you can succeed in crypt space through a lot of work, through the work you can succeed in crypt space. It’s very important in this case not just to make a quick profit but to take a long-term view of time. And if you can’t make the right decision like time, you’ll lose money. For this you need to have mentality to deal with difficult situations. And you have to gain trading experience well.

basically everyone has the same goal when deciding to invest in crypto (profit), a common mistake of a beginner is to have the mindset of being able to generate wealth in a short time and mostly just rely on trust, then buy, while waiting, filling spare time by imagining what to buy with the benefits that will be obtained. Whereas the other most important thing before deciding to invest is knowledge, this is the key to surviving in the crypto world, because when you have knowledge, you will know the reason you bought the coin, when the price of the coin drops you will not panic because you already know the reason, your psychology will also not be disturbed because you have a strong reason to keep the coin invested. The point is when you want to invest, have a clear reason, don't buy just because you get information from friends, see influencers buying so you buy too, that means buying on the basis of FOMO.

[Dzwaafu11]

Cryptocurrency is been known for one of the largest future financial assets, many new beginner in the crypto space are buying at the price of pump and selling at the rate of dip which i do call panic fears and the disvantage of this which i will said many lead to loss and regret and aslo many lead to regret later in the future if it not been stoped 40% to 50% of newbies just feel that crypto is where you come in and dump money and walk alway given it some time to pump back and take profit that i will sand to correct it a wrong decision to make as a newbie.

Many beginners do this, although this is because they are greedy and they don’t patience of staying long in the market that is why they are selling their investment at lost which is very wrong, also lack of knowledge is involve many newcomers don’t want to take their time and learn the whole process of what they want to do, forgetting that they will be putting their money into this, they are eager to make money from their investment which is  wrong.

What people fails to understand is that life itself is full of risk people don't want to risk the hard way and the lifestyle of a crypto preacher is full of making hard decisions in other to become wealthy taking risks is major life  in the crypto space.

Been able to take risk is one of the most important mind set a crypto investor should have, as an crypto investor taking risk is must if you really want to make money from this space, However regardless of what you are doing in this space, whether trading, investing there is risk, and for you to make money the risk must be taken. But many don’t understand, they want to come and make money in a short period of time which is impossible.

[Agbe]

Panic sell is common in the crypto market and that happens in must time in bitcoin. And there are different factors causing the panic sell in bitcoin. When the price is coming down from the All Time High and when the your local currency is coming down again from the international exchange rate. And the fear is that, if you didn't sell them at that point, you might lose value so for the investor to gain profit he would like to sell and take his profit T that time.

[Koadharber]

Panic sell is common in the crypto market and that happens in must time in bitcoin. And there are different factors causing the panic sell in bitcoin. When the price is coming down from the All Time High and when the your local currency is coming down again from the international exchange rate. And the fear is that, if you didn't sell them at that point, you might lose value so for the investor to gain profit he would like to sell and take his profit T that time.

Panic selling is something which is really that inevitable or something that cant be that avoided even lets say that you've been here on this market for a while but still you would really be that prone when it comes into those potential situations on which you might really be that becoming that impulsive specially when you do saw that your portfolio is dropping. This is where decisions might be altered or would really be changed out. If you arent that good when it comes into this aspect on which in speaking or talking about investment here on crypto space then you will be definitely be having that kind of impulsive actions.

Panic selling is never been that a considerable act to be done, not unless if you are really that on positive or in profits and you've seen the price is going down then you have that stopped yourself on becoming negative. Although this would really be only applicable into those tokens like meme coins on whic you would really be needing to have that immediate action.

[Shishir99]

In addition, in trading, never make a momentary decision just because the trend is going up or down. However, set your own target when to buy and when to sell. Also, just ignore it. Stay calm, so you can avoid greed or panic.

Staying up to date with the latest crypto news is important. A certain one-hour move is enough to liquidate a position. That happened multiple times. Even fake news sometimes affects the market. Do you guys remember that an online media posted that Bitcoin ETF was approved before it actually got approved? and they opened a position on rollbit and made a huge profit.

If someone does leverage trading, they should be ready for anything and always use stop loss and take profit feature so they can avoid these certain moves. As for panic, it will happen no matter how veteran you are. The important thing is to stay calm.