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Author Topic: Panic selling! Yes or No?  (Read 38309 times)
stadus
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November 23, 2018, 02:46:48 AM
 #561

A very bad decision and has a big risk if you sell when you are in a panic. You tend to make inappropriate decisions. Investigate and assess the assets you have for their long-term life. If indeed he does not have a good prospect, an alternative to selling it when the price is falling is to exchange it for a much better coin.
Let's just close our eyes when the prices are falling, it's not good to panic if afterwards we still want to be in the market.
Make a decision without being affected with your emotions because when you are emotional, you will likely to make a wrong move.

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November 23, 2018, 02:56:05 AM
 #562

A very bad decision and has a big risk if you sell when you are in a panic. You tend to make inappropriate decisions. Investigate and assess the assets you have for their long-term life. If indeed he does not have a good prospect, an alternative to selling it when the price is falling is to exchange it for a much better coin.
Let's just close our eyes when the prices are falling, it's not good to panic if afterwards we still want to be in the market.
Make a decision without being affected with your emotions because when you are emotional, you will likely to make a wrong move.
but I think, a decrease of more than 20% in 1 week will certainly make people panic, especially those who hold in large numbers. well, selling in a panic is very wrong, but, I think before that you have to have a plan that is good enough to reduce the impact.

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November 23, 2018, 03:14:56 AM
 #563

but I think, a decrease of more than 20% in 1 week will certainly make people panic, especially those who hold in large numbers. well, selling in a panic is very wrong, but, I think before that you have to have a plan that is good enough to reduce the impact.
yeah, indeed in recent days many have panicked.
that is normal, because their assets go down in just a few days. indeed in investing in digital currencies we must have the right plan to make a profit.

i also panicked at that time, but i sold my assets just because i wanted to buy at a lower price. i think it's more beneficial to add my assets than just waiting for the market to recover.

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November 23, 2018, 03:33:12 AM
 #564

but I think, a decrease of more than 20% in 1 week will certainly make people panic, especially those who hold in large numbers. well, selling in a panic is very wrong, but, I think before that you have to have a plan that is good enough to reduce the impact.
yeah, indeed in recent days many have panicked.
that is normal, because their assets go down in just a few days. indeed in investing in digital currencies we must have the right plan to make a profit.

i also panicked at that time, but i sold my assets just because i wanted to buy at a lower price. i think it's more beneficial to add my assets than just waiting for the market to recover.
Of course many people panic about the current situation, if you sell it at a low price but you don't lose it doesn't matter. if you sell it when the price goes down and you lose because the selling price is lower than the purchase price, you have to wait until conditions improve. the market will soon rise even though it is uncertain when it will rise. wait and always be patient because there will be a time that will benefit you in the future, get rid of panic and try to calm down.
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November 23, 2018, 03:55:29 AM
 #565

and now the market situation is actually getting worse and continues to experience a very drastic price decline, even now the price of BTC is around $ 4300 and on a regular basis there is still a price decline, and of course this actually makes a lot of people panic and eventually sell their coins have but actually it was a wrong action which made the market getting worse.
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November 23, 2018, 05:34:49 PM
 #566

Panic selling is never a good thing for you to do as an investor because when you are doing that you are selling off the coins that you have invested in for a lot lower than you bought which would mean that you are making only losses and no kind of profit. Just hold the coins, it will not be long until the coins start to do better for the long term

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November 23, 2018, 07:50:39 PM
 #567

I don't understand how anyone sells here. I'm down 50% and have never even considered the possibility of selling for a loss, even if it means I lose everything. I would rather lose everything knowing that I took a risk on something I believe in, rather than to sell at a loss and potentially miss out on one of the biggest opportunities in my lifetime.
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November 23, 2018, 08:20:02 PM
 #568

I don't understand how anyone sells here. I'm down 50% and have never even considered the possibility of selling for a loss, even if it means I lose everything. I would rather lose everything knowing that I took a risk on something I believe in, rather than to sell at a loss and potentially miss out on one of the biggest opportunities in my lifetime.
You lost 50 percent and that's a lot, but someone lost 80 percent of their investment, so people panic and sell their coins. I can understand them, because the market is very unpredictable and I think that now it is possible that prices will go even lower.

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November 23, 2018, 08:21:52 PM
 #569

Of course at the beginning of the bearish trend is definitely worth selling, but now I think it makes no sense to sell we are approaching the global level of support

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November 23, 2018, 08:33:09 PM
 #570

I am very worried about the state of the market today. I believed in ethereum, but now I don’t know what to think ... I still don’t panic and hold my coins and continue to work!
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November 23, 2018, 08:34:55 PM
 #571

No need to panic, you need to calmly sell the main coins because they will not grow for a very long time, and now there will be time for new coins that we have not yet seen on the market  Wink
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November 23, 2018, 08:37:34 PM
 #572

i wont say its a bad thing because many times we have seen that there is no actual dips and this can go deeper and deeper. Stop-loss is a good thing, use it Smiley
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November 23, 2018, 08:38:00 PM
 #573

This just speechless why because the market is just like crashing everything is going down and people are now dumping and a lot of people too are giving up but let’s see what will be the final results.
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November 23, 2018, 08:38:27 PM
 #574

Panic seller make a request that put pressure on market, if there are less buyer to seller, we see a situation where sell order keep mounting and buy order reducing and that create atmosphere of panic where seller jump into any price!
The impact of panicking sales makes the market decline because of the large number of sales from purchases, which make purchases will laugh when the market grows again

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November 23, 2018, 08:56:22 PM
 #575

Definitely not because the cryptocurrency market gives a lot of opportunities to  us for the future and I believe that we will see a buillish market in the first chapter of 2019.

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November 23, 2018, 09:02:48 PM
 #576

In the panic sale there is no sense, you should have a clear plan or at least a clear understanding of why you should sell coins right now, without this understanding you will always be in the red, no matter the bearish trend dominates the market or the bullish trend, you will always do some same mistakes.
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November 23, 2018, 09:29:00 PM
 #577

it is too late to do panic sell. the good time was February 2018)
now is good time to buy, may be..

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November 23, 2018, 09:31:14 PM
 #578

I think that at the moment the majority of investors are experiencing tension due to the sharp fall cryptocurrency market. Some people make decisions in a panic.

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November 23, 2018, 09:39:30 PM
 #579

What to do on such market?
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November 23, 2018, 09:54:37 PM
 #580

This is really a hard nut for me to crack, some days back i was of the opinion that holding will remain the best strategy in the crypto space but in recent days my will for hold is becoming weak, i don't really know what to think of. Buy or Sell. I wish i knew where the market is headed to, but in all ,i am a holder

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