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Author Topic: How do I stop panic selling cryptocurrency?  (Read 2119 times)
Victorias
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May 09, 2018, 02:52:18 PM
 #301

In the crypto currency, recently many newcomers have come who do not have any knowledge about bitcoin. They are very prone to panic and can not make reasonable decisions. Beginners need to constantly learn and get useful experience.

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May 09, 2018, 02:54:28 PM
 #302

If you always panic then sell your cryptocurrency you will lose. So think positive and believe that the existing crypto will increase again and you will not lose.

If you want to control yourself in regards to your emotions (panicking), you should trust Bitcoin even if the price decreasing, you should do some research that it is normal and it will go back to its higher value.

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May 09, 2018, 03:06:18 PM
 #303

If there is no sudden need I certainly still try to hold assets in the next few months so as to anticipate the occurrence of major losses but these problems often occur so I have to sell it in bad exchange rate conditions to meet the needs because that way will make me more calm.

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May 09, 2018, 04:20:39 PM
 #304

Set the goals and timeline where you feel comfort to to afford holding,But if suddenly market go down people start selling.Actually it is wrong decision learn to control the emotions and hold with patience till find the best moment.
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May 09, 2018, 05:02:27 PM
 #305

Panic selling is nothing but the situation of not feeling safe. To avoid such situation, one must have a concrete reason to defend his investment even if it is performing weakly on the market wall. I believe that deep research by self would give that confidence to have faith in the investment decision. However, there is no way to avoid panic mindset in case of random investment unless the amount of investment is nominal.
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May 09, 2018, 05:26:09 PM
 #306

Panic selling it is happen at anytime and we can't do about it because it is a choice, but for the smart holders patient is always a good options, panic can even make your investment lose, just stop listening to the fud and fakes news, just stay focus and trust on your holdings.

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May 09, 2018, 05:27:36 PM
 #307

The fact that you develop panic means that you have most likely too much money (in relation to your overall wealth) in the crypto business.
Cryptocurrenceis incl. altcoins are big time category 5, high risk investments that are super volatile. old fashioned investors would tell you that maximum 5% of your investments should go into those assets.

with 5% exposure, you wouldn't be all too nervous.

thats i think how most investors keep themselves of going crazy.

now if you are more the kinda game big win big person, just set yourself a goal and STICK TO IT. that means having a sell price both ways. make it a mathematical and logical thing and put emotions out. again, its easier said then done so i think not gambling with too much is most likely the only solution to this.
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May 09, 2018, 05:30:03 PM
 #308

Panic sales always harm the investor. Money is inherent in people.
The crypto money market allows you to make money quickly. That's why people love the crypto exchange.
Prices are constantly changing. When you get any coins, set a strategy in your head. Buy the value you set in your head.
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May 09, 2018, 05:31:30 PM
 #309

better way to stop panic selling buy coin than set sale target and forget.
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May 09, 2018, 05:34:27 PM
 #310

Most of the panic sellers are those who are just newbies in the business or trading, and most specially if they do not know any knowledge on bitcoin at all. They are just going with the flow even if do not get the profit from what they invested. That is why.
Knowledge, news and confidence- these three can stop you from making panic. At first, continuously gather knowledge on crypto market. Then, keep updated news on crypto market. Finally, be confident to your purchased coins.
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May 09, 2018, 05:35:10 PM
 #311

If you bought bitcoin or the TOP30 alts, no matter what happens never sell for lower than you bought.

All the coins that i bought and decreased, it recovered after a certain time.
All you need to do is wait the required time, sometimes takes days, weeks or months but can close your operation with profit instead of loss.
Panic sellers always give their money to the patient ppl.

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May 09, 2018, 05:37:15 PM
 #312

Panic sale is a wrong decision. No one should make the wrong decision. I think positively about digital money investment, which is a very important issue for us. If you do panic sales you will hurt. but others earn high earnings because they do not sell panic.
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May 09, 2018, 05:46:19 PM
 #313

Not to stop in any way. Besides present that you have a bitcoin and you know that tomorrow it will be much cheaper than today. So why him to hold if it is possible to sell at one price today, and tomorrow to buy much cheaper?
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May 09, 2018, 05:49:58 PM
 #314

If you bought bitcoin or the TOP30 alts, no matter what happens never sell for lower than you bought.

All the coins that i bought and decreased, it recovered after a certain time.
All you need to do is wait the required time, sometimes takes days, weeks or months but can close your operation with profit instead of loss.
Panic sellers always give their money to the patient ppl.


One of the key that I kept remembering is that to keep my patience and to focus on the things I want or to what I am aiming, I am also remembering the reason why I am here whenever I am feeling down and empty to what I am doing.
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May 09, 2018, 05:54:48 PM
 #315

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.

Panic is a natural thing everyone has because of the fear of losing their money, and I think what needs to be done to deal with panic is to grow inner confidence. You must believe in something that benefits you.
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May 09, 2018, 05:55:05 PM
 #316

Nerves at the limit - they sell ahead of time. It would be so simple, everyone would be fabulously rich. ) In the cryptocurrencies-market earn money those that have strong nerves.

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May 09, 2018, 05:59:23 PM
 #317

There is no point in selling low. If you look at the history of the markets, they always turn back up after a correction/"crash" like this. The only time you'll lose is when u sell at a loss

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May 09, 2018, 06:02:46 PM
 #318

Most of the panic sellers are new comers to the crypto currency market. they don't have proper idea and visibility for this volatile market. so they are trying to get short term small profit and sell their coins once they just notice any kind of down trend. We can stop these kind of selling by giving awareness sessions about technical analysis for these kind of traders through social medias, blogs etc.
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May 09, 2018, 08:32:11 PM
 #319

I've read a lot of useful guidelines in this thread, I'll surely rely on them in the future. Thank you guys for letting us poorly cold blooded traders! We must learn that panicking is not the answer when markets are down
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May 09, 2018, 08:45:56 PM
 #320

This is done by those who are new to cryptocurrency. They are afraid of losing profits. They buy at peak prices and sell prices if prices change. Because they are afraid of wounds. We know investors invest in and sell when the price changes. But due to the arrival of newcomers, they can not be sold much. Do your research about your investments and control panic sales on your own. You can turn them off unless you can control it.
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