Panic buy and panic sell | chance

[HabiebRiziq]

Yes this time I made a thread about, Panic sells altcoin when the price goes down for fear the price keeps falling and panic when altcoin rises because want to profit from altcoin.

Because everyone is trading to get profit, but why sometimes even loss? because of errors or panic?

most people currently buy coins just to follow friends, crypto pump groups, and get info from other places to buy one of altcloin, and there are beginners who only know the famous coins that make them lose because they do not know which coins will go up. the price and where the coins will go down in price, then most of now the panic sells and panics.

and here I want to ask how you always profit from altcoin trading?

As you say most people just follow what their friends say they are losing because they are confused about what they will do when the price drops and makes them panic so they decide to sell it. So, it's better for you to do your own research and analysis about the coins that you will invest whether you think it is possible to continue to increase or not.

[nytstalker]

When the market is down the best move is to buy because many traders sell their altcoins in low price because they afraid to loss their money.

[detymalse]

When the market is down the best move is to buy because many traders sell their altcoins in low price because they afraid to loss their money.

I purchase coins when the prices are cheap so I don't lose a bunch of money if the price crashes.

[Pamadar]

When the market is down the best move is to buy because many traders sell their altcoins in low price because they afraid to loss their money.

I purchase coins when the prices are cheap so I don't lose a bunch of money if the price crashes.

If you perfectly buy it on its dip surely you will be able to gained a lot when pumped will start to show up, still a good strategy buying low and selling high as opportunities will be just around the corner for those who really take this market seriously, it's been proven that people who knows to be patient and continue to sort the market and keep buying dumped coins happen to earn big profits after the bounced back.

[SSSegrio]

There's no panic. having large investments, people are calm. For they have nothing to worry about, they control the course.

[owlman]

You are right, there are many people who follow someone, listen to someone else's opinion or sell their coins because of panic. Personally, I now try not to trade in the market, because it is not so volatile and it is difficult to make a profit. I prefer to keep my coins and wait for the market to recover and prices to rise.

[KomodoStrikes]

Panic buying is good when the market is crashing because that means the cryptocurrencies are down too. Panic selling is also good if you are selling your cryptos while the market is very healthy.

[bitcoinst]

The best decision during the panic sale will be to buy coins at their lowest point, this is how money is earned in the crypto market and the big players are not afraid to manipulate the markets by creating panic sales.

[missyqt29]

Well the volatility will be significantly up in 2018. I am not very good at trading as I have trouble keeping the timing right so I have to stick with more traditional investing and ICO. Question really is, what is traditional investing after 40% of market cap was wiped out within 2 days? It is really not for people who lose their nerve. One the other hand it is a massive bull market that I still expect to grow x10 this year.

A lot of people here really believe in the capability of the bull market. Yes that is a good thing to believe in but, I think there is also a possibility that the coin that we believe will not going to recover as the other coin will. Not all coin will become utilize in the future and not all coin will be permanent.

[aircrusan]

It is not possible to always make a profit. Any business, including work with cryptocurrency can cause a loss. And panic is the best helper in this.

[Classica35]

Yes this time I made a thread about, Panic sells altcoin when the price goes down for fear the price keeps falling and panic when altcoin rises because want to profit from altcoin.

Because everyone is trading to get profit, but why sometimes even loss? because of errors or panic?

most people currently buy coins just to follow friends, crypto pump groups, and get info from other places to buy one of altcloin, and there are beginners who only know the famous coins that make them lose because they do not know which coins will go up. the price and where the coins will go down in price, then most of now the panic sells and panics.

and here I want to ask how you always profit from altcoin trading?

I am not a day trader, but i still make profit while trading. If you want to be on a safer side while trading, always buy coins when the prices are still very low compared to the ICO price for coins from ICO, then sometimes, i buy some coins that are between 3 to 1 gwei, then wait until they pump.

[jpaul]

Panic buying and panic selling coins is never a good way to go and there is often more losses made from the coins when you trade them with panic than any kind of profit that is made from the coins. If you are going to sell the coins then at least make sure that the price is at a position that you can be sure that you are making a good amount of profit

[Oldman53]

Panic buying and panic selling coins is never a good way to go and there is often more losses made from the coins when you trade them with panic than any kind of profit that is made from the coins. If you are going to sell the coins then at least make sure that the price is at a position that you can be sure that you are making a good amount of profit

buy deep and sell with profits. i don't know any other strategy to work with. if u got it some sh*tty coin, than next time make better research.

[DISPERADO]

It is not possible to always make a profit. Any business, including work with cryptocurrency can cause a loss. And panic is the best helper in this.

I absolutely agree with you. Panic is the worst thing you can do. If you succumb to panic, you are likely to lose your money.

[princeyeboah]

My mentor in crypto always say, crypto investment is for the smart. It is for the people who are ready to study the market and make analysis as to to when to buy and when to sell. Crypto investment must not be driven by panic buy (FOMO) or panic sell because during the period of panic, an investor loses the wit of making analysis whether the coin is worth buying or selling at that moment.

[honglien]

When everyone seems tired and patience is lost. In the case that some people will sell the coins cheaply because they are panic when prices fall continuously. But some people consider it an opportunity and buy the coins in large quantities and wait for the opportunity.

[illnino]

When you trade altcoins, you can earn and lose money, you should always be aware of the dynamics of coins and know what is happening on the cryptocurrency market.

[Mianae]

Most traders are only comfortable buying when they're sure the trend has reversed. They prefer to buy on the way up and take little profit than lose their capital.

[JuanPaulo]

When everyone seems tired and patience is lost. In the case that some people will sell the coins cheaply because they are panic when prices fall continuously. But some people consider it an opportunity and buy the coins in large quantities and wait for the opportunity.

How many people have so many opinions. I have enough free money, so I can afford not only not to sell my coins at a fallen price, but also to continue to buy coins.

[Dreamr]

Yeah, people invests in crypto when they see an opportunity where the value of certain coin goes down and sell later when the price gets higher. And once the market is started turning into bearish mode they will just dump their coins to cut loses.