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Author Topic: DON'T DO PANIC SELLING !!!  (Read 8350 times)
Markpet01
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March 31, 2018, 02:36:15 AM
 #1121

Yes because panic selling will make your strategy damage and make your investment lost in the coin that you selling.
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MMA
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March 31, 2018, 04:52:51 AM
 #1122

it's true that sometimes I panic with the price of coin and I will sell it to reduce the risk even more but sometimes sorry to sell the coin when the price drops after selling the coin in 1 day then the coin price goes up and I lose my money
Ups and down is always there even if you are trading a good coin, you need to study the coin from the core, and if you realize the the coin has the potential to recover its position even if the price is goes down too much, then you should try to hold and do not sell your coin, but if you realize the it can got depth and chance are to become dead the you should try to minimize your risk by sell your coin even in a little risk.

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Sithara007
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March 31, 2018, 04:56:22 AM
 #1123

There is another side to it. If someone is desperate for money and he doesn't have the time for Bitcoins to recover, then the only way forward is to sell the coins at whatever the price he can get. It has happened to me in the past as well.

Bobocantik
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March 31, 2018, 06:29:22 AM
 #1124

I couldn't agree more. Panic sellinig is a very bad situation, enthusiasts will sell their coins in a lower value, Bitcoin value will go done further due to the massive selling. FUD will always be there, but you have to be more patient and put some trust in Bitcoin, it has proved it self already so just hang in there and chill.
falana332
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March 31, 2018, 06:38:41 AM
 #1125

Yes don't panic sell, if you plan to buy lower, sell when you see green candles
Dark Sky
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April 02, 2018, 07:52:32 PM
 #1126

Don't panic if bitcoin price gets a dip, or getting low of its value because it is normal, bitcoin always gets a dip in month of january, and its volatile that's why. So don't panic to sell your bitcoin just wait for the right time to sell it with a high value.

Some people are getting panic about bitcoin's low price because they invest their huge amount in bitcoin and that's why they are don't want to lose their money, so they be patience and wait for its high price because sometime bitcoin price is decrease but its not mean that it will lose their rather they will get a lot of profit after some months because its price will more high and thay's why their money will more double.

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April 04, 2018, 02:37:15 PM
 #1127

What a shame, btc dropped in a single candle today... Btc is under heavy manipulation...
Firdausiii
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April 04, 2018, 03:21:49 PM
 #1128

Hey everyone Smiley

finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them...
Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way!
Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else...



It is true because panic selling creates a chain reaction specially to those people who panic whenever price goes down. Just imagine if everytime people sell as they see bitcoin price go down, more and more people would sell because price would keep going down.

By holding, you will be able to exit as soon as the price goes up again. But with panic sales, you will only lose more. If someone starts to panic selling, others who have weak hands will join a panic selling party that will push prices lower
Zagor Tenay
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April 04, 2018, 03:26:22 PM
 #1129

Patience and remain confident is the key to me so you do not become a panic selling, if yesterday you became a panic selling when the price of $9k then you will regret it now, the price of crypto will definitely recover, I am very confident with it. So do not panic selling when prices fall.
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April 04, 2018, 03:50:06 PM
 #1130

Yes to anticipate the occurrence of our big losses as traders should be able to withstand anger with the current conditions In addition,holding an asset is one of the most powerful ways to continue creating opportunities for profit.When we can be patient there will be a straight path for us in the future.

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April 04, 2018, 04:02:24 PM
 #1131

Hey everyone Smiley

finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them...
Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way!
Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else...


If the price of bitcoin will get crashing down, I will not sell my holds instead if I have money I will buy for more bitcoins since I believe this will gives us huge profit in the future. Being panic will make you lose your money so stay calm.

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Blackmet
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April 04, 2018, 04:29:59 PM
 #1132

Panic selling was always the problem of newbies only. Mature users know that bitcoin will recover anyway and it's very stupid to lose money by selling per low price.

Birin016
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April 04, 2018, 05:08:44 PM
 #1133

Yes do not panic selling especially when the bitcoins are down because you are just ruining the bitcoins and also the money that you should've have. Because if you panic sell you are just cutting the lose you made in the bitcoins downfall and that can affect you financially and you will never gonna win back that money you took.
Arkhi
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April 04, 2018, 06:07:15 PM
 #1134

In addition to panic, maybe they sell the coins they have when the price of bitcoin is down this because they really need money. For those of you who are not in need of money and have not all ready to sell your coins. Should not do that, because with more people selling their coins it can affect the unfavorable market situation. Low bitcoin prices will increase in length if many people sell their coins. If everyone sells bitcoin, then who buys bitcoin?
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April 04, 2018, 07:08:24 PM
 #1135

A lot of people have been panicking lately because of bitcoin's unsightly price as if now which is 7000 compared to 20000$ of the last year. A lot of critics have been saying that bitcoin might even drop to be 2,500$. I don't think bitcoin wouldn't have able to recover from the said losses judging its past experiences in the market. I believe that by the year end bitcoin would be able to recover from its losses.
Tiger Junk
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April 04, 2018, 11:18:22 PM
 #1136

panic sell is only done by people who are desperate, they are afraid of losing what they have, very different from the strong holder who always hold their coin whatever happens until their target is reached
Yes i will definitely dont do panic selling, because i know to my self that doing panic selling can result a huge loss and selling when the price on the market was red is not a very good idea to do, we just need to hold and trust our coin than doing panic selling.

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ronics
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April 05, 2018, 08:22:32 AM
 #1137

 Smiley      it does not seem to get the possibility that everyone is emotionally unstable than others .it does not mean that it is wrong but it can be corrected not now but as the experience would even just listen to panic .its just as good as that dictate this prices. So we reacted badly it reflected the price and then I will not be panic selling either .a quick analysis on coin market cap will say that rising and falls in the market normally should be no panic.
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April 05, 2018, 08:47:58 AM
 #1138

panic sell is a ridiculous thing because he only wastes time and money, should if you have a loss then have to look for a solution to cover losses like switching
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April 05, 2018, 09:15:34 AM
 #1139

Panic selling is the worst thing you could do for yourself and for your coins and portfolio, you would most likely be selling at a loss or at a lesser profit than you would if you just wait for the bull market, either way you lose money.
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April 05, 2018, 11:49:26 PM
 #1140

Its a regular human fear not to loose. We all fear, that the marke will fall again, but as for my, I would prefer to hold some token before selling them, maybe one day I will be proud of this decision!

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