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Author Topic: How do I stop panic selling cryptocurrency?  (Read 2119 times)
ozgun_a
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May 16, 2018, 10:27:44 PM
 #441

Before you decide to sell your coin, remember this word : " STOP ". And STOP means:
S - Stop
T - Think
O - Observe
P - Plan
Instead of selling your coins, there are tons of things you can do and by having a plan, you can easily determine your loss and decide to sell it or not

I have another solution for that. Delete Google / Authy 2FA from your smartphone, do not log in to your trading account. You are good to hodl.

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Elseye
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May 16, 2018, 10:52:53 PM
 #442

Use various mind tricks and dazzle yourself away from thoughts about trading in such times...

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May 16, 2018, 10:53:19 PM
 #443

When trading in cryptomarket where price movement is very unpredictable you jave always keep to control your emotion trade with cautious not with emotion and buy only coin that with good status and service to offer not avourely hype coin.

Clark05
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May 16, 2018, 11:14:21 PM
 #444

If you want to stop selling your crypto at low price you should not be panic because we know most of the traders if they see the price decrease a little they sell their coin so the price decrease more that's the one reason why the coin dump dipper.
MaidaKalani
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May 17, 2018, 02:17:24 AM
Merited by Bianxee (1)
 #445

Tips to face Panic selling :

Panic selling can happen to anyone, either an old player or a new player in the Bitcoin trading world. Therefore try to apply the following tips to save you from losses.

First, keep calm. Decisions taken in a state of panic must be from a mind that is not clear. You must be calm in order to make the right decision.

Second, observe the panic trigger, whether based or unfounded panic selling. Because the types of unfounded panic usually will not last long.

Third, observe the lowest point, buy. Here we take advantage of the panic to add to trading assets or investments. In a state of panic that seems unfounded, you should not go along with selling stocks or assets like Bitcoin. But the investment is added.

Fourth, observe the increase, sell. Panic selling conditions typically last from one to two days. For players who take long time, panic selling is not so influential. But for the daily trader, panic selling will greatly affect his worries. Well, if you include a daily trader, hold yourself first when there is panic selling.

Determine at what point you should immediately remove Bitcoin. Determine the lowest point or ascending point. Usually on the third or fourth day the price begins to return to normal. Immediately sell Bitcoin that you bought during panic selling yesterday to gain profit.
chikading2016
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May 17, 2018, 02:59:06 AM
 #446

Tips to face Panic selling :

Panic selling can happen to anyone, either an old player or a new player in the Bitcoin trading world. Therefore try to apply the following tips to save you from losses.

First, keep calm. Decisions taken in a state of panic must be from a mind that is not clear. You must be calm in order to make the right decision.

Second, observe the panic trigger, whether based or unfounded panic selling. Because the types of unfounded panic usually will not last long.

Third, observe the lowest point, buy. Here we take advantage of the panic to add to trading assets or investments. In a state of panic that seems unfounded, you should not go along with selling stocks or assets like Bitcoin. But the investment is added.

Fourth, observe the increase, sell. Panic selling conditions typically last from one to two days. For players who take long time, panic selling is not so influential. But for the daily trader, panic selling will greatly affect his worries. Well, if you include a daily trader, hold yourself first when there is panic selling.

Determine at what point you should immediately remove Bitcoin. Determine the lowest point or ascending point. Usually on the third or fourth day the price begins to return to normal. Immediately sell Bitcoin that you bought during panic selling yesterday to gain profit.
Yes i agree on that, we need to keep calm and believe that we can earn on trading feild. Because if we are going to trade without faith we can maybe end all up in lossing our capital. I believe that we need to have faith on order for us to have more trust and we can do better things with patience, I think panic selling is always happening because of lacking such faith on the crypto currency feild because everything in crypto is unpredictable.

Bianxee
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May 17, 2018, 03:57:30 AM
 #447

If you want to stop selling your crypto at low price you should not be panic because we know most of the traders if they see the price decrease a little they sell their coin so the price decrease more that's the one reason why the coin dump dipper.
To avoid or stop panic selling when you saw a red days don't watch the market get back only when you heard that the market starts to recover. In any event you cannot gos against the bulls or bears and if you sell in panic big percentage that you will lose your money.

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May 17, 2018, 05:04:26 AM
 #448

to stop the sell panic when trading cryptocurrency you should try to be more patient and you should not too often see the condition of the exchange rate place you better apply the long-term trading conditions so you can be more calm.
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May 17, 2018, 05:13:53 AM
 #449

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.
If we believe in our abilities, we will not be affected by anything, do not follow others who fear the turmoil of the coin, for what?
Because once the coins are down they will buy them back, that's the main trick those who control the coin market, so think a little relaxed, do not you regret having sold your coins.
miningguru
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May 17, 2018, 05:23:09 AM
 #450

It can be said that until December last year bitcoin was sold very rarely, so its value was constantly growing. Therefore, it was really used as a means of accumulating value, that is, as digital gold. I guess it is better to hold your cryptocurrencies and wait, if you have more extra fiat money it is also better and wiser to buy more of it and wait until it rises again for your own good opportunities in future

Simply believe that the cryptocurrency will grow. It is evident. Panic only makes the situation worse - you can sell the coins that will be gaining in future.
And one more thing is that we should not always look at the price of bitcoin every day. This will increase your panic. And when the panic is rising, you will sell what you have when it is very low.

Yes, you are right people are panic when the price of Bitcoin is kept decreasing but we shouldn't bother about it and wait until the price start increase. The most and major thing we have to remember one thing in trading is always don't be panic for short-term decreases.
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May 17, 2018, 06:33:32 AM
 #451

Just chill and hold. If you believe in the project stop looking at the price every hour. Let it ride the waves and check back on the price in a few months.
kolega
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May 17, 2018, 08:02:16 AM
 #452

If you look from the investor's point of view, you just need to discard emotions and wait. Here the main thing is patience. If you look from the position of a trader, you need to sell and buy on time. Stop-loss helps here.
piter_wip12592
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May 17, 2018, 10:23:56 AM
 #453

If you do not have good psychology, you are always afraid, I think you should not look at the price of bitcoin anymore. When you constantly look at the price, this will make you more scared when the market goes down.
thirdkiller
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May 17, 2018, 01:44:29 PM
 #454

First of all, the markets are very risky by its nature so if you decide to enter the market then you have to be ready to lose everything you invest. To avoid stupid decisions you need to stay patient and never sell something just because you freak out or some little price drop happened.
Antonina
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May 17, 2018, 02:28:58 PM
 #455

It's true that the price of all crypto currency is falling, and no one knows when these prices will grow and become stable. This is a risk for all forms of investment, no one knows when it will increase or decrease, so patience is a virtue that you need to practice at the moment.
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May 17, 2018, 02:41:15 PM
 #456

The market may never turn green and bullish, but stay at the bottom forever.
chalbinov
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May 17, 2018, 03:06:09 PM
 #457

This type of advice borders between financial and psychological. While financial advice is generally logical and follows a straight forward formula of action and reaction sequences that could probably be best carried out robotically rather than by a human mind. Why is this the case, because of the emotional trading that you had mentioned. The type of trading that doesn't follow any logic. Now taking out a little cash when you need it has nothing to do with emotional selling, but should really be avoided if possible.

DevilSlayer
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May 17, 2018, 03:29:35 PM
 #458

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.
Making investments here in the cryptocyrrency world are risky decision. Many people are keep panicking because they are afraid to lose their money. They should improve their confidence for them to stop panic selling.
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May 17, 2018, 06:51:20 PM
 #459

On the off chance that you don't have great psychology.you are constantly apprehensive, I figure you ought not take a gander at the cost of bitcoin any longer. When you continually take a gander at the price.this will make you more frightened when the market goes down.
shafi alam
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May 17, 2018, 09:18:11 PM
 #460

just avoid pursuit of suggestion.

do what you think to do.

buy low , sell high.
just don't loss.
hold it like a BLACK MAN.
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