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Author Topic: How do I stop panic selling cryptocurrency?  (Read 2120 times)
Red-Apple
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May 05, 2018, 10:14:33 AM
 #21

why would you want to stop panic selling, anybody who does that is doing the rest of the market a kindness because they are giving them the big discount that they were hoping for.
at times when the real corrections are done and price has already reached the bottom the traders always wish for a little better prices to buy so that they can make a better profit. panic sellers here are a godsend.

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May 05, 2018, 10:16:29 AM
 #22

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.
Your threads are a great idea. but not all crypto traders can do that. I believe most traders are having a pump group. The main thing is altcoin, when they get the news, the participants will buy quickly. but those who are late must be sad, because of the price of dump. and I believe it is the admin of the group that keeps the price down. elsewhere, those who can't hold are not understood for market fluctuations. I think it is a beginner.
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May 05, 2018, 10:20:37 AM
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 #23

There are 2 factors in order for you not to be panic when you see the red candles on the coin you are holding.

1. Discipline - you need to have discipline in order for your money not to be lost. Discipline yourself so that in the end, you will gain some profits.

2. Patience - this is one of the most important attitude you need to have especially if you are a long time holder. We know that cryptocurrencies are very volatile and this volatility is testing our patience in holding. If you are a hodler, you must have patience in order for you to double or even triple your money. In my experience, the one who are patient are the ones who become rich in the long run.

cryptolord5
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May 05, 2018, 10:34:03 AM
 #24

most are time people just panic for nothing, i think people have to settle and study system before trading.
although sometimes holding is not good because there are some tokens which i have hold till today but the price have drastically dropped no sign (increment) to come up. i think holding is not that much better.

now let me say something that will surprise you.
in terms of holding of coin or token you need to considers something over there before holding your token.
1. you looking at the utility of that token which you are holding?
2. price at the initial?
3. the economic factors?
4. the team managers or member( have they partook of subsequent project and the project succeed?)
5. Are they working what is their roadmap?
6. Who are they in partner with?

this are basic factors that will make you to hold your token or partake on a project whereas investing in a project.
bocyaj
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May 05, 2018, 10:34:43 AM
 #25

You have right to sell your asset.I suggest the people to sell bitcoin when they need money on Emergency situation.Or else just hold your bitcoin for your future. If you want to sell for any expenses,sell at green chart.When the price on bitcoin on the red chart,don't sell at panic.Just hold your bitcoin,you will get more in future.

cryptowonders@20
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May 05, 2018, 10:39:23 AM
 #26

You have right to sell your asset.I suggest the people to sell bitcoin when they need money on Emergency situation.Or else just hold your bitcoin for your future. If you want to sell for any expenses,sell at green chart.When the price on bitcoin on the red chart,don't sell at panic.Just hold your bitcoin,you will get more in future.

perfectly right, for a coin that has a great potentials like BTC, ETH DSH, etc we are not meant to rush and sell mostly the market is on GREEN. All less we have something urgently that hook or hold us down before selling out.
futureofeth
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May 05, 2018, 10:45:57 AM
 #27

You have right to sell your asset.I suggest the people to sell bitcoin when they need money on Emergency situation.Or else just hold your bitcoin for your future. If you want to sell for any expenses,sell at green chart.When the price on bitcoin on the red chart,don't sell at panic.Just hold your bitcoin,you will get more in future.

It is not the indication of the green and red chart we have to sell the coin when we made some profits on our investment. Some people afraid when the price starts decreasing and they are panic about the market and start selling them for a low price. Panic won't bother them whether they are selling them at high or selling them at low.
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May 05, 2018, 10:50:00 AM
 #28

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, they were just a newbie and don't have a deep knowledge about bitcoin so the best advice for them is deepen their knowledge about bitcoin and even trading. So if you understand everything then you can't never worried anymore because you know what happen next. But always remember that bitcoin is very unpredictable.

noelanora99
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May 05, 2018, 11:27:39 AM
 #29

In my opinion, to stop panic selling is to first stop investing in anything that you don't understand or trust with. Most people who is lacking in knowledge on how the market move will mostly make a poor decision that will end up regretting in the end. So I advise to first research and observe before investing, learn to take up other people experience and use it to strategize you investment, and lastly, it's a must to trust anything that you investing in.
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May 05, 2018, 11:44:23 AM
 #30

We cant stop panic selling as lobg as bitcoin's future was not clear. I do understand why they panic buy and i think that was reasonable. We all scared for the future of bitcoin and I think other people just want to secure their money. In the case of bitcoin today. Investing in ICO was more strategic way of earning.
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May 05, 2018, 11:57:30 AM
 #31

Everyone gets panic when they think the tokens will dump. At first just take a look to their platform if they are a long time run project, then its a good way to hold the altcoin.
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May 05, 2018, 12:03:33 PM
 #32

Yes it is true that day traders can sometimes make panic selling, but I strongly agree with your opinion to hold bitcoin until the price goes high and we can get a big profit.

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BigBos
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May 05, 2018, 12:10:11 PM
 #33

We cant stop panic selling as lobg as bitcoin's future was not clear. I do understand why they panic buy and i think that was reasonable. We all scared for the future of bitcoin and I think other people just want to secure their money. In the case of bitcoin today. Investing in ICO was more strategic way of earning.
everyone has their way of staying calm in this. many people sometimes panic, for fear of lower prices, and some who take advantage of this situation to buy back when the price is really falling. in essence, we can not stay calm when there is a selective panic, all you can do is just try not to sell the assets you have.
Khupeha
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May 05, 2018, 12:30:33 PM
 #34

panic only those who only recently entered this market, so everywhere, not only in the crypto-currency, ignorance afflicts the fear of losing money and later panic
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May 05, 2018, 12:32:51 PM
 #35

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.

you don't need to stop it, actually I believe panic sellers are the ones that can give you most profit of your trading. When the panic selling is happening, you can always grab more cheap coins to increase your profits when the market is up Smiley

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May 05, 2018, 12:37:02 PM
 #36

you can only manage your panic - not the entire community.
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May 05, 2018, 12:39:32 PM
 #37

I know the best way to avoid panic is to get educated about blockchain and what cryptocurrency is all about. If you are not rooted with genuine information and do not believe in cryptocurrency you will be move by every fabricated fake news about cryptocurrency and baseless speculation that is always causing the crash in price.
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May 05, 2018, 12:41:59 PM
 #38

Yes it is true that day traders can sometimes make panic selling, but I strongly agree with your opinion to hold bitcoin until the price goes high and we can get a big profit.
do not panic, should when we buy must be at the lowest price.
when it goes down we prepare to rebound. Essentially we have to have money to back up.
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May 05, 2018, 12:43:45 PM
 #39

Never invest more than you can afford to lose and have trust on the coins what you are holding.If your investment is in long term then you have less chance of getting panic so make your investment in long term and hold the potential coins nit the shitcoins.
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May 05, 2018, 12:47:52 PM
 #40

To stop panic selling your assets is to encounter your fear. Try to encounter your fear and probably you can stop your panic selling of assets. Try doing that and you can stop selling inappropriately.




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