How do I stop panic selling cryptocurrency?

[Similificator]

To get to the solution to any problem, people must look back into the reasons as to why these problems occurred in the first place. Yes, panic is the mostly the reason but not the root. You see, panic is just a result of a few things like investing in cryptos even with the fact that a person has very few to no knowledge about cryptos, another would be investing funds that are way more than what he or she can afford to lose because of the fear of missing out. These two contributes to panic which then leads to panic selling. If these are removed, panic will be lessen even with fuds going out all over the place.

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[v0rtecxz]

we all understand how the panic can affect our emotions, when the price drops and continues to continue, at that time many who insist they can not hold it longer because of fear of losing big, but some are selling to get its capital back and then buy back when the price is really low, take advantage of someone else's panic for personal gain

[jake zyrus]

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.

Every investor have some point where they fear that their investments will go waste so they try their best to cut their losses by selling their cryptos back in much lower price. They almost always think that it is better to at least get some of you investment than to wait for it. What we all need in this career is patience and self control. Have some faith and relax while holding your investment.

[RockBar0]

The market for cryptocurrency is so volatile and it is a nightmare for investors who do not have much expertise in the crypto sector. To reduce the panic in this market I recommend investing in the crypto knowledge from the most basic so that you can invest in a safe and effective way. Try to make your own judgment in order to have the most appropriate investment.

[qwertyup23]

In my opinion, here are aome of the methods that you may follow in order to avoid panic-selling your bitcoins in times of a low market demand:

• Only invest the amount that you are willing to lose. Consider your investments as resources that are not to be disturbed until its price matures (depends on your goal whether for short or long term);
• Only convert your bitcoins to cash if you are currently struggling financially and you have no alternative means of acquiring money;
• Never sell your bitcoins to a price lower from what you acquired them. This may depend upon your decision but if you think that you acquired them for a low price, do not sell it; and
• Investing inevitably involves risk. You must understand that there is no guarantee that you may be able to yield income in the future.

[bhabygrim]

I think the best way to stop panic selling is by stop overthinking it,
You should relax while the price is dropping if you believe in the coins or token that you are holding,
You shouldn't easily believe in some news that you just heard or read because there are lots of fake news about crypto just to scare the weak hands.

[Ravenangel]

Thats a personal or individual decision one has to make. There is nothing much you can do about it if you cannot make up your mind not to sales, You have to closely consider the kind of coin you are investing in, so that you re sure of its quality, and that you can hold it as long as possible no matter the circumstances. There is a lot of risk involved while investing, so you have to be sure on where you put your money, and finally, relax, don't make rush decisions  that leads to unnecessary sales

[kevindjunaidi]

how to stop panic selling is by not selling when prices fall (just hodl) and keep calm when the market is unstable and stay positive.

[chichigirl]

Just think that the ups and down of the price is a normal situation in trading. Just believe in bitcoin and the price will eventually rise. It is normal that we get panic when the price are droping but if we will just believe in bitcoin,  we will surely feel more comfortable.

[Samj16]

Just keep in mind that in digital currency its normal that the price might goes up and down. Don't stressed your self too much,much better if you dont monitor every now and then the trading charts. Don't sell your coin in a low price,maybe much better if you set your own goal for example hodl the coin then sell it once it reach your goal price.

[dogz12]

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.

Dont put all your funds in cryptocurrencies so that you can have something to pull during emergency situations other than selling your coins. Stay away from the market during dips to avoid being emotional. Stay calm and be positive about things.

[yanimkurniawan]

for us you do not panic, you can get rid of your panic, and I'm sure that the price will rise higher than the current price, so you will generate more profits at a higher price.

[changcloy]

when I was new here I easily got panic but when I learned how it works here ,I don't frustrate myself if ever the price go down because I know that it will recover again. You only loss when you sell your coins but as long it is there in your wallet don't loss hope.

[Krispin47]

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.

Easiest thing is to make the plan and follow that plan that you have made. Even if you feel like selling try to follow it, because those that play with emotions lose it in this trading world. Another tactic is to have your coins in the paper wallet hidden somewhere and make it a big effort for you to go pick the paper wallet expose private key and then send the funds to an exchange to be able to swap them

[Skyshark]

Nobody can blame you from panicking dear friend. After all it's your investment that you were protecting. The only advise i could give you, is you should totally refrain yourself from looking at news about crypto. Shut your television or your radio whenever things related to your investment pops out. Focus your attention in achieving your long time financial aspirations, be it for retirement plans, for college tuition of your kid or for that much awaited vacation for the whole family. Great optimism and patience will be your key in making this dreams in reality.

[PeRo]

It is just instinct, people are afraid of losing money so they panic when the price is going down. You just need to keep calm and know that it will rise back up even stronger, but you just have to wait and be patient. If you plan on profiting on long term, buy low and just forget about Bitcoin for a while, when you check in you will have a nice surprise.

[juiceannabel]

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.

Panic selling cannot be avoid if we are on the urgent of need some money.
for example someone want to buy some coin to make money by selling it later when price is high.
then later the price turn out to be falling and they decide to cut their loss because they need their money.

[cryptossi]

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 cryptocurrency investing isn't for you, epecially if you have a tendency to panic when put under pressure because of bear markets/market reversals. Crypto markets are extremely volatile and they will remain this way until mass adoption or more regulations are introduced.

Crypto is an extremely high risk investment and if your attitude to risk doesn't match this then you should exit now because you could make a lot of mistakes and lose a lot of money.

[roborttyler]

It is rather inherent to inexperienced investors when they are not yet sure of bitcoin.

[KnightElite]

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 can stop your panicking if you will improve your controlling your emotions and patience. Emotions and patience are both factor that affects your decisions. You will stop doing panic selling if you have a lot of patience.