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Author Topic: How do I stop panic selling cryptocurrency?  (Read 2119 times)
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May 05, 2018, 04:06:29 PM
 #61

The best solution is always hold. Try to not open for now the market so you have any update for the coin prices so that you can avoid panicking. Seeing your coin always decrease brings you upset that cause you panic selling, theres a time that crypto value fall for a while just wait to price will come back again.


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May 05, 2018, 04:16:31 PM
 #62

You can only get used to this when you face it often. I think there is no way to help you. The volatility is characteristic of the market and  you face to face it which is inevitable. When it comes to investing, it is quite stressful for people to just start investing. however, instead of being scared, I think you need clearer, more thoughtful thinking to make the right decisions.





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kulitmanggis
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May 05, 2018, 04:17:10 PM
 #63

there are many ways to stop the panic that you experience, you can by installing a sell order after that you exit the exchange and wait until your sell order is sold and never to be hooked to sell at cheap price.
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May 05, 2018, 04:28:52 PM
 #64

If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.
That is basically what you need to do all the time when the price is dropping, the market is correcting and all indicators are red.
The basic problem with holding at the low price is the fact that we have no idea if we reached the bottom already or not.
Most of the time traders are trying to recover losses by selling low because they are worried that price will gonna go ever lower!


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May 05, 2018, 04:28:59 PM
 #65

You should do research first before investing so as not to panic when the price drops. Learn the cycle of the coin and prepare your mental whatever happens so as not to lose much.
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May 05, 2018, 04:31:04 PM
 #66

If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.
That is basically what you need to do all the time when the price is dropping, the market is correcting and all indicators are red.
The basic problem with holding at the low price is the fact that we have no idea if we reached the bottom already or not.
Most of the time traders are trying to recover losses by selling low because they are worried that price will gonna go ever lower!

and because of selling immediately you dont get any profit for what best is dont just made a decision that you think and you believe on the coin that you hold for may rise again.

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May 05, 2018, 04:33:15 PM
 #67

I'm usually set my own target whenever I want to keep hold or sell it right away.
Based on my experience and bitcoin graph, it's always show an uptrend value so HOLDING is the way for me to make profit , just like I did 4 years ago when bitcoin still $ 400 / btc !

Smiley
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May 05, 2018, 04:42:15 PM
 #68

Be calm and do not worry about it. It is a learning process and familiar with the nature of fluctuations from the market. It will change your mentality. Learn more about the history of the crypto market, which can add to your confidence. That means that if your decision is unlucky when the crisis starts in the early months of this year. I've lost 3k at bitcoin, but fortunately I'm still patient to hold until the market is progressing right now.
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May 05, 2018, 04:53:58 PM
 #69

For very obvious reasons, it is clear that panic is not an option at all in the crypto currency market. Once you are into trading, any kind of trading, not only crypto trading, you have to remove the words like panic, fear and anxiety from your dictionary. Patience, calm and cool are the keys to happy trading environment. Patience and smart work are the traits of a successful trader. And the one who panics is bound to lose some day or the other. Profit n Loss are the normal part of trading, so overthinking because of a loss will do no good to anyone ever.
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May 05, 2018, 05:10:36 PM
 #70

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.

yes I agree with you. mostly newbies who are new in crypto world were the panic seller because they don't experience the downfall of cryptocurrency especially bitcoin in which they think it will crash down to zero so instead if getting nothing they try to salvage a bit of their investment by selling theie bitcoins or cryptocurrency in the low prices in which they only incurred losses .where  the right thig ro do is hodl and wait because it will rise up again as it this was happenig also before.
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May 05, 2018, 05:17:35 PM
 #71

In order to stop panic the best thing to do is go out in crypto world for a while to rest in a few days to have some fun and relaxation. It helps a lot before engaging again to risky crypto life. Some sell their cryptos in different reasons. So we couldn't tell the exact reason of one holder why he/ she sell cryptos. Mostly they sell coins when green color and buy it again in red color.
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May 05, 2018, 05:21:05 PM
 #72

When you are talking about individual persons they can personally stop and control themselves on not taking part of the panic selling. But panic selling in the market cannot be stop by anyone, look at how other markets crash from stock exchange to forex which we all know existed a long time before cryptocurrency trading, not even their investors can stop panic selling. Any why do you even want to stop panic selling? I mean it is our only time or chance to buy assets at a cheaper price? People who think that "HODL is best" don't know what they are talking about. You don't even need to learn trading if you just want to keep HODLING.
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May 05, 2018, 05:24:49 PM
 #73

Veteran traders are usually not afraid of getting reyk. For them it is a part of the game. Newbies are particularly victims of shills and fake pump n dump. You can stop the panic selling by become knowledgeable in the crypto field. So no one can dictate you because have a solid understanding of your HODLS.

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.
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May 05, 2018, 05:30:43 PM
 #74

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.
From your description I think you have a wide knowledge about bitcoin you know everything but no believe in bitcoin . It's the main problem that make us to ran away with the balance amount if it's in loss or profit. To make stop of panic selling is strong believe in bitcoin and always try to see everything in a positive attitude.
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May 05, 2018, 05:31:50 PM
 #75

The best solution is always hold. Try to not open for now the market so you have any update for the coin prices so that you can avoid panicking. Seeing your coin always decrease brings you upset that cause you panic selling, theres a time that crypto value fall for a while just wait to price will come back again.
Yeah you right sometimes when the market turns to blood I try not to open a market or exchange site because it will only scare me and then panic, as best I can to not see the market for at least a few days and I will hold my assets for that long. at least that does not make me panic and sell all my assets
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May 05, 2018, 05:39:59 PM
 #76

most people who are new to cryptocurrency will undoubtedly do that for fear of losing more assets, many are buying when prices are high because of the lack of bitcoin trading education so well that they are stuck at high prices and afraid of losing.

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May 05, 2018, 06:31:17 PM
 #77

To stop panic selling ensure you  understand the project  whitepaper , the ideal behind the project and there roadmap before investing you can be sure  with adequate knowledge in place panic seeling will be stop.
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May 05, 2018, 06:45:11 PM
 #78

It is all about patience and maturity in the field of crypto. if you have patience to reach at a stable and expected point you can hold yourself surely. Moreover, maturity is also a fact to control the panic. Your maturity will have the control over the panic.
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May 05, 2018, 10:16:27 PM
Last edit: May 07, 2018, 06:45:27 PM by cmacwiz
 #79

To stop panic selling ensure you  understand the project  whitepaper , the ideal behind the project and there roadmap before investing you can be sure  with adequate knowledge in place panic seeling will be stop.
But panic selling occurs when the market price is that cryptocurrency falls rapidly in a few hours due to no reason and when people see the price falling they also think that they have been scammed and they also sell their coins for very very low prices. And also if you become more educated about the market then you would not make irrational decisions like panic selling your coins. So these kind of decisions are made by newbies and not veteran people.
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May 05, 2018, 10:46:44 PM
 #80

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.
my advice is this if you are the type that always panics sell whenever the market is red, stay away from crypto until you have some courage! investing on crypto is 50-50 there's percent possibility that you will lose your investment and there's always 50% possibility that your investment will yield your profit.

if you're for long-term investment, my advice for you is to stay away from coinmarketcap, because you will definitely see that red that always gives you high tension.
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