FanEagle
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April 21, 2019, 01:33:40 PM |
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In crypto , everything is possible and risky.
Possible means You can do panic sell in order to minimalize loss because let say if bitcoin suddenly worthless by next week
Risky If you're postpone / holding, you can experience more losses or more profit. Personally I hold btc over 5 years and it's PROFIT !
Both requires wisdom to apply it to trade, we cannot completely take the 2 out of the trade, panic sell is only not good when it is done on a project that has future prospect, but we have some people who have mistakenly invested or trading with shitcoins, we wouldn’t blame those ones if they panic sell, at least they are still able to get little out of their trading. Panic sell only become worst when one goes against what others have given positive review on, take for example BTC investment, many people including newbies knows the effect of panic sell on one’s trade, panic sell in BTC only empowers another person.
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Omega Weapon
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April 21, 2019, 06:09:24 PM |
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Panic selling's infinitely worse than just stopping trading temporarily in my eyes. Panic selling can mean you lose a massive amount of money, whereas simply not trading does not usually result in significant losses. Panic buying can be just as bad as panic selling though- if you don't have a good entry point planned, you might be buying into a local top and prices could be under that local top for quite some time.
Always make sure you have some sort of plan before trading and make sure you stick to it. This will help you avoid FOMOing and panic buying and selling, though you will still have to actively prevent yourself from panicking.
This is what any rational trader should do but we know that people can be very irrational, if you do not know what to do because the circumstances in the market have changed very fast then it is important to take the necessary time to take a good decision about what to do, but we know most people trade with their emotions and as soon as they see a decrease in the price they panic.
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lornadane
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July 27, 2019, 07:25:53 PM |
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Panic selling will cause nothing but lose and this is a wrong decision I think. But postponing trade is natural and simple. Most of the traders postpone trade for a while when they can't make a profit! And after some vacation or free time, when they feel this is the right time to restart, they do start! So, Postpone from trade would be a good decision in your case.
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Theb
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July 27, 2019, 07:47:47 PM |
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I don't know why this isn't answered yet so I am answering it now. It's better if you have control over your funds/position compared to losing it because of a trading halt. At panic selling you can always short your position and hope to buy it back at a lower cost with the hopes it will pay back more on another bull run. Trading halts on the other hand may look like a harmless event in trading but the thing is you may never know where it will go once the trading has resume into action though it may likely to go down depending on the reason why it has halted in the first place.
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carlfebz2
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July 27, 2019, 08:02:28 PM |
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No matter on which angle we do try to look up panic selling is much more worst than on having a postponement of your trading activity.It had been stopped but you can go back anytime. Relieving yourself first into stress and think up again on what you should gonna do because when you are in the middle of a stress you cant think off clearly which in result into more mistakes.You can possibly recover up your loss on next time rather than panic selling everything.
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mr_random
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July 27, 2019, 10:55:22 PM |
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Panic selling accelerates the speed of the market crash and market crash affect the emotions of traders who sell in panic. So, vicious cycle continues till the next support level or psychological number on the chart. Instead of waiting for market recovery I prefer to sell and buy low after the settled dust on the order books. The only way to make a profit in the bear market is selling as fast as possible before the real big downtrend candle.
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Moiyah
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July 31, 2019, 06:58:02 AM |
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I've been there, done that. Panic selling before whenever the market suddenly goes on the sideways. And I can say it is the worst and we can learn so many things after we realized that we made a mistake from doing panic selling. However it is the worst than postponing the trading. I think it is better to give ourselves space in trading sometimes, gain more knowledge that we lack for then make a come back with confidence.
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cryptojonathan
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July 31, 2019, 05:45:17 PM |
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The dynamic situation of cryptocurrency these days in general responded by three ways: selling panicly with the risk of cut-loss in order to save the remaining assets from more fallen, hold the assets and playing save by not doing any trading activities, and view the phenomenon as a diamond chance then buying coins in huge amounts of investments while the prices are low. Of course, those three ways are logically humane and each has their own pluses and minuses.
I am intrigued upon the first two: panic selling and postponing from trading.
On doing panic selling, ones tend to sell their assets in the price lower than in the actual price. The main goal is to sell their coins faster to save themselves from the worse situation, without consideration upon the impact of their behaviour towards the market in general.
Meanwhile, ones could also hold their assests and postpone from doing any trading activities, in order to keep their assets safe and even maybe went on hiatus from digital assets bussiness while waiting for the bullish days to be back. They don't want to sell their assets in low price, but the act of not doing any trading is logically also has impact in general. At least, it is contributing on slower the trading traffic.
In your opinion, which one is the worse way among the two?
I believe the best action is to cut your losses as soon as possible, No matter how much it cost! just better than trying to modify that order and enter or buy again in different prices and then stay until boom. I Am sure the first one is worst than doing nothing and the second is worst than the one ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) You need to find something else may be to could join some market manipulation, What do you think? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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lienfaye
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July 31, 2019, 10:34:14 PM |
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Panic selling is the worse one, this is happening because you dont have guts to wait and see in the coming days if there's an improvement with your investment. If you enter here you have to take risk and be firm with your decision.
Its better not to cut further losses and hodl, you wont lose anything unless you sell. Postponing your trading activites wont hurt your assets but instead its a chance to gain more once the market recover.
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numanoid
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July 31, 2019, 11:19:03 PM |
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Panic selling is the worse one, this is happening because you dont have guts to wait and see in the coming days if there's an improvement with your investment. If you enter here you have to take risk and be firm with your decision.
Its better not to cut further losses and hodl, you wont lose anything unless you sell. Postponing your trading activites wont hurt your assets but instead its a chance to gain more once the market recover.
Yes.Panic selling is a worse one because you can lose your expected profits if you are not patient to wait for the price to go up again.And once you do panic selling,you are already starting to lose because for sure,you are selling it at a lower price compared to the price you bought it.It would be better to just postpone trading first while waiting for the market to become stable again. Panic selling isn't always a bad choice for trader. Sometimes, they have their intuition about what price they will sell their coin. If you have invested in shit token and hoping it will be turn into dollar someday and you postpone your trading, you will likely missed your chance to sell it now with better price
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carlfebz2
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July 31, 2019, 11:31:35 PM |
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Panic selling is the worse one, this is happening because you dont have guts to wait and see in the coming days if there's an improvement with your investment. If you enter here you have to take risk and be firm with your decision.
Its better not to cut further losses and hodl, you wont lose anything unless you sell. Postponing your trading activites wont hurt your assets but instead its a chance to gain more once the market recover.
Yes.Panic selling is a worse one because you can lose your expected profits if you are not patient to wait for the price to go up again.And once you do panic selling,you are already starting to lose because for sure,you are selling it at a lower price compared to the price you bought it.It would be better to just postpone trading first while waiting for the market to become stable again. Panic selling isn't always a bad choice for trader. Sometimes, they have their intuition about what price they will sell their coin. If you have invested in shit token and hoping it will be turn into dollar someday and you postpone your trading, you will likely missed your chance to sell it now with better price Intuition and some sort of mix luck can really be experience here on trading world.There were times where these feelings do give out or save you up on a possible dump or negative profits.Selling early while you can or the token didn't dumped yet which means its still a good call.This might not happen all the time but its plausible.
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Bitcoin Seller
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August 01, 2019, 10:42:00 AM |
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Panic selling will cause nothing but lose and this is a wrong decision I think. But postponing trade is natural and simple. Most of the traders postpone trade for a while when they can't make a profit! And after some vacation or free time, when they feel this is the right time to restart, they do start! So, Postpone from trade would be a good decision in your case.
If the guy asked this question, it is the indicator that he is not a panic seller. Those, who are in a panic, will never write here, think their decisions over, listen to somebody's pieces of advice and whatnot. The guy was hesitating if it is possible to make a delay in trading to (probably) return to it later. These decisions are good: a brake helps to work out the new trading tactics.
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Spaffin
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August 01, 2019, 08:57:08 PM |
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In any case, the person’s further actions are completely dependent on his moral condition, because if he is already subject to panic, he will not be able to make a decision for further storage of his assets. First of all, his thoughts will be aimed at at least maintaining the level of prices that exist, for example, at the time of the market fall.
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lixer
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August 03, 2019, 02:21:13 PM |
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I believe that it is up to the trader to decide what would be the best option for them. One other thing you should know is that not everyone that panic sells is selling with loss. There are people who might have invested when the price was around $3000 and then it goes up to $13000 before it starts falling, they might panic sell when it falls to $9000 and I don't see any loss in it cause they still have $6000 on top left. It all depends, everyone has their own reason and I'm not the kind of person that would panic sell when I'm at loss, I'd rather abandon it there and wait for the price to go up again. That's why I always mind how much I invest in this.
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Greed Dev
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October 03, 2019, 11:24:30 AM |
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I think people when trading are emotionally driven, they sell their money because they are afraid the money will continue to go down and they will lose money, some people are not afraid of it because they believe that their money will grow again they dare to manage risk and I think they have an investment plan, in my opinion I will hold assets because panic can cause you big and difficult losses break even, be patient to follow the market, waiting according to the plan is the best way for you to get profit. Avoid panic selling and emotional trading.
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Omega Weapon
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October 03, 2019, 07:37:48 PM |
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I think people when trading are emotionally driven, they sell their money because they are afraid the money will continue to go down and they will lose money, some people are not afraid of it because they believe that their money will grow again they dare to manage risk and I think they have an investment plan, in my opinion I will hold assets because panic can cause you big and difficult losses break even, be patient to follow the market, waiting according to the plan is the best way for you to get profit. Avoid panic selling and emotional trading.
Trading using your emotions can be one of the worse decisions that a person may take when it comes to their money, if you are going to do that then it is better for you to become a holder instead of a trader, as a trader you need to take decisions based on what it is best for you and your capital on the long term and sometimes this means closing your positions early before you suffer great losses and as you may guess that is never an easy thing to do if you are using your emotions.
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MetalGear
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October 04, 2019, 10:21:07 AM |
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The dynamic situation of cryptocurrency these days in general responded by three ways: selling panicly with the risk of cut-loss in order to save the remaining assets from more fallen, hold the assets and playing save by not doing any trading activities, and view the phenomenon as a diamond chance then buying coins in huge amounts of investments while the prices are low. Of course, those three ways are logically humane and each has their own pluses and minuses.
I am intrigued upon the first two: panic selling and postponing from trading.
On doing panic selling, ones tend to sell their assets in the price lower than in the actual price. The main goal is to sell their coins faster to save themselves from the worse situation, without consideration upon the impact of their behaviour towards the market in general.
Meanwhile, ones could also hold their assests and postpone from doing any trading activities, in order to keep their assets safe and even maybe went on hiatus from digital assets bussiness while waiting for the bullish days to be back. They don't want to sell their assets in low price, but the act of not doing any trading is logically also has impact in general. At least, it is contributing on slower the trading traffic.
In your opinion, which one is the worse way among the two?
Panic selling is the worse thing someone could do out of impulsiveness and emotions. They might sell their assets with a price lower than its buying price just so they can avoid much worse situations without doing some critical thinking. They tend to lost sight of the bigger picture and massive impact of their actions. It's much worse because his action won't just affect him but he will contribute to the market's movement in general. So, of all things, when people are trading tbey should also train theirselves not to be easily driven by their emotions, because emotion is of all things the most destructive in any ways, patience, practicality and calmness should always win over emotions.
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doomistake
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October 04, 2019, 02:59:20 PM |
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In crypto , everything is possible and risky.
Possible means You can do panic sell in order to minimalize loss because let say if bitcoin suddenly worthless by next week
But bitcoin will not be forever worthless in the following next weeks (for example),and panic selling will not minimize your loss, it is the opposite, once you sold your coins because of panic selling, you'll lose the chance of selling it on the right time. Risky If you're postpone / holding, you can experience more losses or more profit. Personally I hold btc over 5 years and it's PROFIT !
I guess your brain functions the other way around. Holding is more reassuring than panic selling, with this, you have a peace of mind that you just need to wait until the prices of the coins you are holding will be back to normal or maybe make another All Time High, it might took some time but profits is all worth it.
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jamesndungu1
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October 04, 2019, 03:33:52 PM |
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The sudden and widespread selling of a security tends to make the market overflow with securities which are being sold at lower and lower prices. The more of these securities there are, the more the price is driven down thus causing more and more selling. There are many markets out there which have been brought down by this same activity of panic selling.
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Faxmate
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October 05, 2019, 01:32:21 AM |
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The sudden and widespread selling of a security tends to make the market overflow with securities which are being sold at lower and lower prices. The more of these securities there are, the more the price is driven down thus causing more and more selling. There are many markets out there which have been brought down by this same activity of panic selling.
Panic selling can only produce devastation. Doing anything while you are not even able to understand the situation, can never be beneficial in any way. This is the whole reason why we are taught to keep our mind calm no matter what the situation is. People tend to make such mistakes when they fail to comprehend the true value of their dealings. Postponing an action is much better then losing mind.
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