How do I stop panic selling cryptocurrency?

[cherry yu]

markets are very risky so, once you invested in crypto you are ready to lose your money. you need to be patient because if you dont! you really lose your money. hold while the price is down and stop panic selling because you just making your self a loser.

[1714672343]

1714672343

[STT]

anybody who does that is doing the rest of the market a kindness because they are giving them the big discount that they were hoping for.

Forced selling or irrational crowd type moves like sheep is a kind of weakness in the price.   A weak price is like thin ice, yes it allows movement down but also we can move back up considerably faster then hard resistance scenarios.

This is ideal for the proverbial whale looking to turn a good profit and make a splash on an exchange order book.   Its something they look for and I agree at the end of negative trends there will be this kind of failure of logic where people just lose their nerve.

I would suggest use of crypto is best to avoid selling, so dont just hold it like a lottery ticket.    I really dont agree with approach especially if its money you actually needed to pay bills, thats just too worrying.
BTC can utilised in businesses that regularly transact and need the free float of coins to help their business stay liquid.  Sure there is some added risk but alot of business like gambling related BTC is fairly time proven to turn a decent revenue and profit

[@Mhaiang]

You should and you must at all cost to avoid making the situation even more worse. Once a person is selling his/her crypto assets like bitcoin, then bitcoin's market price also falls down because the basically the demand of the people is getting low.

[judemarco1996]

What happening right now with bitcoin causes panic and worries to all some users, traders,holders, enthusiast and even myself. But somebody tells "why worry"? All of this happening is normal to every form of invest even in fiat money. This is normal, all forms of investment has a risk factors involve simply because it is very volatile and no one knows what the price value in the future. Anoher thing, bitcoin is the father of crypto currencies and most of the digital currencies depends on it. However, if you are decided to sell your bitcoin, well that is your decision, but i suggest not to withdraw all your bitcoin, try to maintain few of it so that if the price increases again you will not be feel sorry for it.

[severaldetails]

I think that there are only two ways to avoid the feeling of panic. On is to have already gathered a lot of experience with crypto currencies. Then you know that the charts can go down, but they have always come back in the past. This way you can look back at personal experience, and that is something that keeps people calm. And the other way is not to look at the charts after investing. If you do not know a panic selling is happening, you can not participate.

[Woterry]

Basic rule but not literally, learn how to predict with numbers and data. A lot of people who are good in trading are not just looking at charts and graphs, they look at other aspects that affects the bitcoin market itself. That’s how they predict well, they’re not just looking to couns and the flow or the growth, but also outside of the box.

[ajoygb]

First we need to understand our stand especially when our assets are involve.  In this situation we need to go deeper in what is happening on the market where in how  does it work and go through it. So when the the market goes low just relax and wait then we need to be more observant on what is happening around us.  Just don't panic just relax and wait how it takes.. 

[tegarp90]

The question itself is the answer “PANIC”.

Everyone knows cryptocurrency market is highly volatile and risky.
And most of the people do emotional trading.
They sell when it is crashing. And suffer from the loss. They panic and sell in the loss.

What is the point in selling at low?
One must wait for the market to turn green and bullish.

The way to stop the panic is to not engage in panic-inducing activities such as day trading.
It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead.
The doctor says don’t put your arm overhead

If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.

The best way to not panic sell in crypto is u have to set your profit and loss.
In many exchanger right now there are stop loss system which can sell your coins automatically when the price hit the price you determined.
So there are no more panic sell and you can enjoy your trading life

[cashberycoin.com]

The question itself is the answer “PANIC”.

Everyone knows cryptocurrency market is highly volatile and risky.
And most of the people do emotional trading.
They sell when it is crashing. And suffer from the loss. They panic and sell in the loss.

What is the point in selling at low?
One must wait for the market to turn green and bullish.

The way to stop the panic is to not engage in panic-inducing activities such as day trading.
It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead.
The doctor says don’t put your arm overhead

If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.

you must stop panic, cause, if you are panic, don't trading, please.

[Glorypaasa]

The question itself is the answer “PANIC”.

Everyone knows cryptocurrency market is highly volatile and risky.
And most of the people do emotional trading.
They sell when it is crashing. And suffer from the loss. They panic and sell in the loss.

What is the point in selling at low?
One must wait for the market to turn green and bullish.

The way to stop the panic is to not engage in panic-inducing activities such as day trading.
It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead.
The doctor says don’t put your arm overhead

If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.

Maybe they think that the more they did not sell their coin the more their going to lose, The solution I see is need to control our self every time the value goes down because if we let our emotions take over it may end up in panic selling and the outcome we contributed to the dump, So always keep in mind we need to hold our coin until it recover don't rush anything because when it become profitable then we can start selling.

[vendy86]

I hold depend on the situation. if I see the market will reverse I will hold my coin.but if I see bearish still continue I prefer to sell my coin and buy again at deep.its better than just hold and wait with the same value.

[wireless1889]

The question itself is the answer “PANIC”.

Everyone knows cryptocurrency market is highly volatile and risky.
And most of the people do emotional trading.
They sell when it is crashing. And suffer from the loss. They panic and sell in the loss.

What is the point in selling at low?
One must wait for the market to turn green and bullish.

The way to stop the panic is to not engage in panic-inducing activities such as day trading.
It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead.
The doctor says don’t put your arm overhead

If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.

One simple thing is hat you should stop panicking when it comes to investment. You know right from the start the value is never certain and never stable if you think that it is always a profit everyday then don't invest. Investment specially in cryptocurrency needs time and it is best to wait than to sell right away when the price is dropping or the price is going down. Just set your aim into getting profit and then sell it when it reaches that ceiling.

[bitcub]

If you really trust Bitcoin and the crypto currency as a whole it should give you comfort and assurance that no matter how low your holdings would get. Your investment would not crash. Everything is under control. Soon Bitcoin will fly to $150K.

The question itself is the answer “PANIC”.

Everyone knows cryptocurrency market is highly volatile and risky.
And most of the people do emotional trading.
They sell when it is crashing. And suffer from the loss. They panic and sell in the loss.

What is the point in selling at low?
One must wait for the market to turn green and bullish.

The way to stop the panic is to not engage in panic-inducing activities such as day trading.
It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead.
The doctor says don’t put your arm overhead

If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.

[kickdapa]

Maximum panic seller is newbies. They just want a quick money. Like if price grows up then they will be too happy but when the market will go down a bit then panic seller think that market will crash, and I won't recover so I need to sell!   

Even I was one of the panic sellers when I was a newbie, So i know well 

[campica]

In the beginning when I started trading bitcoin I was do the same thing, I was buying bitcoin for $450 and after few days bitcoin drop on $370 so I sold it. I was thinking that it's over and bitcoin will drop back to $100 so I did panic sell. That was my first and last panic sell, after that I just buy and put stop loss on price that I can afford to lose.

[HiringYou]

Patience is the key to success and one of the important thing which every investor need to have while investing.People are selling coins at very low rate because they are believing that the market value will never rise ,it will came to an end so because of this they are selling at low rate.They should that bitcoin is virtual and such ups and downs are very common in this case.So instead of panic selling they should save them in wallet and sell only at that time when they feel that they will get a huge profit after selling.If they are selling bitcoin at low price they are only contributing to dump.So stop doing this and keep on holding your coins till you get a profit from it.

[hashshashin]

There's nothing to be done, all people make mistakes, but not many people make conclusions from these mistakes. Well, that there is this forum where people can share their experience and tell newcomers.

[jjjrmy]

Close all price charts, close your portfolio. Switch off the internet on your device. Move to the mountains and wait a couple of years. -> Return back.. and you are a millionaire.

[V-t.Ester]

Oh, it was very easy for me. My best friend confiscate my wallet and said that will give it back to me only when I will stop my panic. He said that the worst thing is to sell smth in panic, that all this huge decrease is temporary. So I forced myself to believe him and stopped looking at coinmarketcap.

[KluFf]

i prefer you to stop focusing on your coin and just Read about new so you will know if it is the time to sell or buy.
newbies need to learn how to stop panic sell so it wont affect a huge amount of Price dump and make the Price Flow stable .