Panic of traders

[jems]

Every day I see more and more people starting to feel hopeless with the current market situation because of uncertainty when prices will recover and end this fall. Even more and more traders are deciding to resign from trading and sell all of their assets but that makes the price even more falling.

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[arwin100]

Every day I see more and more people starting to feel hopeless with the current market situation because of uncertainty when prices will recover and end this fall. Even more and more traders are deciding to resign from trading and sell all of their assets but that makes the price even more falling.

It's because some of them see's their money melting down, and for this continuous down trend of ETH aswell  with the other alts we can provably see more distress people who post/show their regrets upon not selling at the peak of their tokens. ETH network seems at very bad state and if this will continue then most provably all ERC-20 token will collapsed and many people will became instant poor.

[kakonhat]

You are absolutely right. But one day they will regret their current decision which did the Pizza man. If you are in big loss then just remind the Pizza man who sold his 10,000 Bitcoins only for two Pizza. So, just think about it. Don't panic anymore.

[yla1974]

Every day I see more and more people starting to feel hopeless with the current market situation because of uncertainty when prices will recover and end this fall. Even more and more traders are deciding to resign from trading and sell all of their assets but that makes the price even more falling.

Believe me, this is the very beginning, what awaits us in front of us will make everyone who has decided to wait for the storm shudder. Very long taught that you can wait for losses, this time will be punished very painfully. There was no panic yet.

[Gozie51]

Even more and more traders are deciding to resign from trading and sell all of their assets but that makes the price even more falling.

I thought hodlers are suppose to be what you mean with your post because if you are actually saying traders then, they shouldn't be that desperate with the current fall as they should be trading excaptain they are not able to also pick something from the bear market. Traders should be different from hodlers, hodlers can complain in the bearish market because they see the quantity of coin they have reducing.

Traders can make profit while trading.

[nicolas1979]

Every day I see more and more people starting to feel hopeless with the current market situation because of uncertainty when prices will recover and end this fall. Even more and more traders are deciding to resign from trading and sell all of their assets but that makes the price even more falling.

They have different opinion about market and try to decides what the best, but of course risk is part of it. We can't control people mindset, asset & strategy but they already the best, so let's pray they also brave to face the risk. For me, leave crypto is realistic option than keep holding. Try another way to create income out side crypto and built again our business with another concept and road map. How about you?

[vv181]

It's not a good time to short-term trading when we know the overall markets are on bearish period. I know an experienced trader will likely to stay away with any short-term related trading and moving onto the long-term trade. Any panic sell only triggered because of inexperienced panic traders. I guess if you have a lack of experience in the subject, just holding on tight is the best solution.

[paulo013]

Yes it is true. Even me to be honest. When I see my altcoin investment is falling down, I will sell it all because i don't want to see it into serious loss. That is my worst strategy on this fall situation.

[bitvalak]

Every day I see more and more people starting to feel hopeless with the current market situation because of uncertainty when prices will recover and end this fall. Even more and more traders are deciding to resign from trading and sell all of their assets but that makes the price even more falling.

Yes, it is true. All experienced panic because prices did not show as they all expected. There are things they do not understand, namely expecting bitcoin to rise instantly. I think that is the wrong mindset. I admit everyone must expect bitcoin prices to rise and stabilize, but in the market they actually drop each other, which will affect price stability even though the volume of transactions is large. We should all be wise in responding to this.

[Kupid002]

Yes it is true. Even me to be honest. When I see my altcoin investment is falling down, I will sell it all because i don't want to see it into serious loss. That is my worst strategy on this fall situation.

Not all are in panic  because of this situation in the market, some of the major investors are taking this opportunity to invest in those who have potential coins at in a cheap prices. For me it's better to rest of monitoring the market, and wait for the well condition.

[nydiacaskey01]

We have panic traders courtesy of those who invites non-traders (no back ground at all) to try trading because of referrals. After they sign up using the link a sponsors sent to them, the relationship between the new member and sponsor ends when they already signed up and they sent funds to their account. They say trading is easy but it actually is not. It requires patience, knowledge and more patience. 

[LogitechMouse]

Every day I see more and more people starting to feel hopeless with the current market situation because of uncertainty when prices will recover and end this fall. Even more and more traders are deciding to resign from trading and sell all of their assets but that makes the price even more falling.

I think the market is in the process of cleansing. Let the weak hands leave the market and let the strong remain. Those who will remained patient will be getting the reward for waiting.

More and more traders are resigning from trading? I think we should not care about them. They are just trading for profit but they can't handle themselves in situations like this. Professional traders will remain because they can get profit even in this kind of market.

[liuqi]

Every day I see more and more people starting to feel hopeless with the current market situation because of uncertainty when prices will recover and end this fall. Even more and more traders are deciding to resign from trading and sell all of their assets but that makes the price even more falling.

The current situation most of the traders panic but mid term traders and long term traders are never worried in this situation. Because peoples are ready to invest on long term. I think day traders are continuously earn more profit in this scenario so price falling make a good opportunity in crypto trading.

[berrygood]

Because they are traders, not holders. Every trader panics including most professional ones, they are not bot. If you panic and sell your coin, you might be trader but not definetely hodler.

[rumexx]

The reason for this crash is what i do not understand. I have tried to search for the news that is bleeding the market but to no avail. The price of Ether is even scaring every one to their chilled blood. Only today the Ethereum price has dropped from $202  to $175 only few hours and since nobody knows what is the cause of this crash  then the correction will  not be coming forth soon.

[TravelMug]

Every day I see more and more people starting to feel hopeless with the current market situation because of uncertainty when prices will recover and end this fall. Even more and more traders are deciding to resign from trading and sell all of their assets but that makes the price even more falling.

Do you have any idea who are this people feeling hopeless wit the current market situation? I guess they are newbie traders because they don't know how to react properly and the only (il)logical reason is to sell-off instead of just hodling and be patience. Yes, there's a lot of uncertainty but it doesn't mean that we can be in this bearish trend for like forever.

I admit that I became nervous as well, but the more I admit and face the reality, the more I learn how to control my emotions. Another tip is that don't get too excited for every positive news, and think that it will change the course in a instant. Patience and more patience + be psychologically prepared for worst situation that may arises.

[prihojantsev]

Trading is the activity when one person makes money but another one loses them. It will never change. It is convenient to make money on a steadily increasing exchange rate because of new coins buyers. But if the old ones start to sell them in a panic - it is possible to earn also.

[Furious 7]

This is unpredictable and predictable, as today's ETH is CRAZY. everyone began to think about leaving Crypto immediately and forgetting their investment.
I suggest to stop and wait for the end of the year.

[shinharu10282016]

Every day I see more and more people starting to feel hopeless with the current market situation because of uncertainty when prices will recover and end this fall. Even more and more traders are deciding to resign from trading and sell all of their assets but that makes the price even more falling.

You cannot blame me or others who are panic selling. It will be really reliable to at least have something to assure the people that at the very least their money won't go zero right now but nobody is gonna do that and you are responsible for your own investments. At the same time last year, this year is worse. you can compare it yourself. Is this really ETH demise following Vitalik Buterin's statements of changing growth? What an ass.

[Aion2n]

Because they are traders, not holders. Every trader panics including most professional ones, they are not bot. If you panic and sell your coin, you might be trader but not definetely hodler.

I am sure that an experienced trader deals with different types of trade. This is short-term, medium-term and long-term trade (the same hold). There is one more separate category of traders that HODLing (Hold on for dear life) .