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Author Topic: How do I stop panic selling cryptocurrency?  (Read 2119 times)
Zahrowil Qolbi
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May 08, 2018, 12:23:46 PM
 #241

I have a different mindset with it. by selling when the price is lower than when I bought it. this is a very good move and every trader should make this move. the market is unpredictable and sometimes we make mistakes.
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spiritguardcharles
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May 08, 2018, 01:03:52 PM
 #242

I think the first thing you must have before engaging as well as having a participation in such economic activities involving bitcoin is CONTROL.It's necessary to have a better control firstly to yourself so that you could avoid making mistakes like panic selling when bitcoin industry is in a bad shape and always think deeply and evaluate the situation first before making a decision.

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Btcepoy11
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May 08, 2018, 01:10:37 PM
 #243

I don't think panic will appear to those people who already know how to manage bitcoin in the proper way. If people educate about bitcoin or deeply understand in cryptocurrecy, they will not panic. Panic selling will comes to the newbie, they eager to earn a profit in wrong time.
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May 08, 2018, 01:16:58 PM
 #244

try to play some games
I'm sure playing games will divert your mind from crypto
so you can stop panic selling your crypto

martina14
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May 08, 2018, 01:18:53 PM
 #245

how to?
well start it with yourself.
Everything will be perfect and good once panic is not in anyones mind.
FUD and panic of holders are the real reason why we are having a fall or bearish time.

kidamazo
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May 08, 2018, 01:20:04 PM
 #246

Dont look on the price, lol! Just try to set goals, like - I would buy at this price, or I will sell this price. It helps me sometimes on.
francedeni
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May 08, 2018, 01:24:09 PM
 #247

Dont look on the price, lol! Just try to set goals, like - I would buy at this price, or I will sell this price. It helps me sometimes on.
I like your point, looking at the price in drops makes us more into panic sell. Be determined that in trading crypto you can became successful. It could really helps us not to focus for the time being checking the price always, think of price will recover.
Cepot
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May 08, 2018, 01:24:26 PM
 #248

some people get scared and panicked if prices start to droop their fear of losing this is why they panic, you do not need to panic, if you want to stop the panic you should just leave it and hold what you are at you.not afraid of losing but still optimistic that all will profit is not a loss
CryptopreneurBrainboss
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May 08, 2018, 01:50:23 PM
 #249

I struggle emotional with trading Cryptocurrency, I noticed that while I was engaging myself in day to day trading. I once had 1000Neo but sold during the China ban news ($13) per coin and I regretted the day I saw 1neo for $120 that was the day I decided to be a token HODLER and trade coins only when necessary. True HODLING pays and I'm just praying my emotions don't make me miss lambo again

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zero714309
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May 08, 2018, 02:03:05 PM
 #250

Before deciding to enter the market analyze properly technical and fundamental also consider all the risks that you can be as bad as whatever it is and also control your emotional do not easily influenced,when you already have guidelines that strong then keep on the purpose of your initial do not easily falter as bad as any condition of the market and even if you have to change a decision different from the beginning make sure you've thought of very well.
noictib
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May 08, 2018, 06:22:41 PM
 #251

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 Grin

If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.
In my opinion if we are thinking that if we are getting loss in trading Cryptourrency panic sell then we should get loss because that loss will explain you that what you made loss in your trading history and that will teach you that you should hold your Investment in many types of altcoins and anytime you will be in profit .
Here I already faced many loss by panic sell , and after the face of big big losses i understand well that dump and pump in cryptourrency is a usual thing and we should not think about it in Negative ways and we should always be positive in This Field "that is a success point "
megalith07
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May 08, 2018, 07:16:21 PM
 #252

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 Grin

If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.
I imagine that there are just two approaches to avoid the feeling of panic. On is to have officially assembled a great deal of experience with crypto currencies. At that point you realize that the graphs can go down however they have dependably returned the past. Along these lines you can glance back at individual experience and that is something that keeps individuals calm. Furthermore, the other way isn't to take a gander at the outlines in the wake of investing.
Sam02Sung
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May 08, 2018, 07:19:13 PM
 #253

everyone is panic when market goes down. For me you can stop your panic in the way of just put a trust in your holdings because market dont goes down always there is a day that market goes up.
homojenshit
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May 08, 2018, 07:25:07 PM
 #254

ven though we need my bitcoin, we will not sell at a low price, so we will lose a lot of our bitcoin, moreover we will hold the next few months at a higher price. so our sense of panic will disappear, because we sell for a better price.
Schirer
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May 08, 2018, 07:43:27 PM
 #255

Do not look at the charts so often.
Go long or sell and wait but dont do day trading if you are not able to control your panic and be emotionally stable with rational decisions.

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walemil
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May 08, 2018, 07:50:45 PM
 #256

There are plenty newbies in the cryptocurrency world and virtually all of them are in it to become rich overnight, failing to understand that bitcoin is not a get rich quick scheme. These are the people who engage in panic sale. They even sell at loss often time. You are the one who can stop panic sale because it doesn't pay and rather brings regret.
jhonnydeep87
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May 08, 2018, 07:59:53 PM
 #257

Many people invest their funds in bear numbers that can completely destroy their lives so type in the down market they sell in order not to lose too much. Waiting for the right moment in order to get a lot of profit. Cool
tanginamoo
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May 08, 2018, 08:01:06 PM
 #258

ven though we need my bitcoin, we will not sell at a low price, so we will lose a lot of our bitcoin, moreover we will hold the next few months at a higher price. so our sense of panic will disappear, because we sell for a better price.

Before you recklessly sell the bitcoin because you feel presure because of its dropping value, try to thnk twice, thrice etc until you realize what is the wise decision that should be done. It is also better of you will nonitors its value.

waqasanwar95
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May 08, 2018, 08:01:44 PM
 #259

after buying any coin just set order and forgot is don't watch charts continue its create panic so its better just buy and set sell order and forgot it
Cash BTC
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May 08, 2018, 08:43:53 PM
 #260

The only reason to sell at a loss is if you cannot afford to lose the remaining money. Many people have this problem. Sometimes panic is justified.
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