TGD
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October 05, 2019, 03:01:38 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.
Panic selling is never good especially if just based only on current price, without researching the cause of it, while postponing for me will depends on the coin still. If the project seems trying to recover and doing some things that can affect the growth in the future then I'd rather postpone selling it and just be updated on what abouts of the coin, more like holding since we know it will survive that dip.
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The Cryptologist
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October 05, 2019, 04:40:17 AM |
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The worst for me would be is postponing for trading. It's only good if you only bought and hold btc but I highly doubt it for most of the traders. So postponing is like being an irresponsible trading because things can happen fast in crypto and just taking an off for months can give you a lot of surprising changes that will definitely tell to yourself that you messed up. Panic selling will only happen on you first trades because you will learn valuable things as you move forward.
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Williams_Leo
Member
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Activity: 207
Merit: 11
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October 05, 2019, 08:34:30 AM |
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The worst for me would be is postponing for trading. It's only good if you only bought and hold btc but I highly doubt it for most of the traders. So postponing is like being an irresponsible trading because things can happen fast in crypto and just taking an off for months can give you a lot of surprising changes that will definitely tell to yourself that you messed up. Panic selling will only happen on you first trades because you will learn valuable things as you move forward.
I think every process always has a certain amount of bad points and but it also has certain luck in that badness, we can hardly say what will bring us worse because as you said, delaying trading can be irresponsible but sometimes you forget it, you will not need to sell too soon, it will even return very well after a while we forget. A panic sale may say we are inexperienced but sometimes it will lessen worse situations, which is also quite a lucky thing, in general, we should avoid these situations
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bitzizzix
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October 05, 2019, 08:58:33 AM |
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Selling it out of panic is a very fatal mistake and in my opinion it happens to those who are new or beginners who don't really understand and judge the nature of the market well, because they feel scared when the market falls and make mistakes and sell at the wrong time. and if you sell it out of panic and it happens to people who have been in crypto for a long time, that's very embarrassing. and delaying it is a wise choice when the market is down.
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Murat
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October 05, 2019, 09:29:07 AM |
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It's good observation regarding some incident, some people become too worried and haphazard during the market is looking vulnerable but they couldn't understand what they should do at that moment, some people trying to sell their bulk at a low price within a dilemma so the market looks hazier by this foolish attempt, in this way, the price is going far down and other investors goes more in the worst situation. so panic selling is the vital reason for a market crash according to my experience, Of the two of your queries, I think panic selling is the worst and postpone from trading is not hamper in the market. I think this way is best when you don't understand your market's situation.
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doomistake
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October 05, 2019, 03:18:09 PM |
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so panic selling is the vital reason for a market crash according to my experience, Of the two of your queries, I think panic selling is the worst and postpone from trading is not hamper in the market. I think this way is best when you don't understand your market's situation.
Indeed. Panic sellers are just feeding the whales causing the bearish market to be longer than what we are expecting, it is a 50:50 position where we are stock thinking if we are going to give up hodling or not because first, we need fiat to sustain our daily needs, to pay bills and other adult responsibility, second we are thinking negative things like it is now or never kind of thing.
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ReiMomo
Sr. Member
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Duelbits - $100k Bonus/week
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October 06, 2019, 12:32:20 PM |
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so panic selling is the vital reason for a market crash according to my experience, Of the two of your queries, I think panic selling is the worst and postpone from trading is not hamper in the market. I think this way is best when you don't understand your market's situation.
Indeed. Panic sellers are just feeding the whales causing the bearish market to be longer than what we are expecting, it is a 50:50 position where we are stock thinking if we are going to give up hodling or not because first, we need fiat to sustain our daily needs, to pay bills and other adult responsibility, second we are thinking negative things like it is now or never kind of thing. You are doing wrong if you only invest just to sustain the daily needs, investing is a long term and that is not weekly earning a profit. Holding is a wise decision of investors, when you are in panic selling, the whales laugh more if you follow your emotion and listen to the whale's news. Well, I think the worst one is panic selling because if you do panic selling you'll be able to lose big amount of money rather than postpone from trading. Panic selling if the price drop down is really not a good idea so in order for you not to lose money you must think first before you act.
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ecnalubma
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www.Artemis.co
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October 06, 2019, 02:50:26 PM |
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I experience both scenarios panic selling could be the worst one in my opinion. During my early days in crypto I deal a lot with emotional trades not selling on high but keep selling on lows, FUD affects me easily before but I learn from that experiences won’t do that same mistakes again. Now taking my chances on some coins hopefully they will wake up from deep sleep .
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darkangel11
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Don't let others control your BTC -> self custody
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October 06, 2019, 03:15:38 PM |
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The worst for me would be is postponing for trading. It's only good if you only bought and hold btc but I highly doubt it for most of the traders. So postponing is like being an irresponsible trading because things can happen fast in crypto and just taking an off for months can give you a lot of surprising changes that will definitely tell to yourself that you messed up. Panic selling will only happen on you first trades because you will learn valuable things as you move forward.
Bitcoin is an asset that grows in value and gains popularity with every year. The more history is behind it the more trusted it is. This means that if you stop trading for a while you will eventually gain money anyway. Panic selling can depress you and make you leave the market for good. Many people did it and ended up throwing away all the riches that came with the next bull run. By the time they heard about it it was too late to do anything. As long as you have coins you are a winner I will always say so.
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Faxmate
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October 08, 2019, 02:18:32 PM |
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Holding is always the best option, everything will experience price drips on the way up. Panic sellers are the emotional type that can't stomach price drops so they act foolish and sell off only to watch the price rise up after they sell.
I don't think cryptocurrency holding is always good option. When you will be get good return from your expectation than why aren’t selling? Panic sellers dumping the coin price because they cannot keep patience for the rising. But i'm also panic selling when price going to down for the spreading huge FUD or the project got scammed, So a lot of reasons involved who guys panic selling. Postponed trading is very worst situation for me i don't take it. For a trader, it is very important to have expected profit otherwise people will get upset and lose patience but for traders, it’s important to control emotions and learn from your mistakes. You should take time before starting to trade hold your emotions and trade profitably by long term trading. Panic selling is a way to lose your money. I am also with you in this regard. Selling out bitcoin other than trading purpose and that also just out of fear is not acceptable. Those people who think that bitcoin is just a loss, they should go and do some research. Better, do some research before even investing into bitcoin or any altcoin so that there wont be any panic moments at all. Bitcoin has produced millionaires in this world within no time. This is enough for understanding its worth.
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Inkdatar
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October 10, 2019, 08:03:28 AM |
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maybe panic selling is worse than delaying trading, because the potential for coins can be surprising. if we get stuck in panic sell and the price of coins will increase, we will only feel disappointed and we will experience a loss, because we can not get a large profit. so before panicking sell it is better to analyze the potential of the coin in more detail
This panic selling can be the worse one since the price may sudden increase and we did not control our emotions during trading. True, dissatisfaction we may feel because of the swing of price when we do trading. Better we should control our emotions not to do panic sell. So when we postpone from trading we can get advantage from it and we can prepare for selling our coins since price can goes upward.
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panganib999
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October 11, 2019, 01:06:36 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?
Although they both have the disadvantage, I think Panic selling is worst amongst the two. What mainly drives this kind of action is emotions that keeps on meddling with our trading activities when in fact its the last thing that we need, we need more of our gut feels than our emotions. Panic selling is irreversible so if you've sell your assets to an unreasonable price then market price did an unexpected move going up, your act will lead you to your biggest regret.
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LUCKMCFLY
Legendary
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Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
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October 11, 2019, 01:21:02 AM |
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Many at the beginning that we do trading, we usually get out of the operations in profit and extend those where we are losing, hoping for a recovery and emerge victorious. When I read several books by Jesse Livermore, he talks about cutting losses and lengthening profits, when he did his operations and began to go wrong, he didn't hesitate to cancel them and assume the loss.
The market gives many opportunities, according to this, the loss that it had in that trade, could recover it in another up to three times, and when it was in profit it lengthened them, that is the best technique in the trade that very few do.
If you make a decision in your trade, you cannot let yourself be influenced by news or fears, you must be sure of what you do and always follow your own rules, that is the correct way to overcome all insecurity.
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adroitful_one
Legendary
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1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
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October 11, 2019, 05:55:09 AM |
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Don't panic sell. That makes you part of the problem. A lot of people when they see a coin go down a little bit will end up selling off their coins to cut their losses. However, this just compounds the situation and makes it worse. That's why you see huge dips sometimes. It's basically a snowball effect. Remember, you're not the only one thinking of dumping your coins at that time. There are probably hundreds of other people thinking the exact same thing if you're on a big exchange.
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Webetcoins
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October 11, 2019, 05:02:27 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?
Although they both have the disadvantage, I think Panic selling is worst amongst the two. What mainly drives this kind of action is emotions that keeps on meddling with our trading activities when in fact its the last thing that we need, we need more of our gut feels than our emotions. Panic selling is irreversible so if you've sell your assets to an unreasonable price then market price did an unexpected move going up, your act will lead you to your biggest regret. Panic selling is not solution for overcoming the loss that you see proceeding towards you in market. I am never ever going to rely on my emotions while doing trading because they never let you analyze market properly. Sometimes we do lose in trading and go into stress which pushes us into taking wrong decisions ultimately leaving us with no money.
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doomistake
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October 11, 2019, 06:10:47 PM |
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so panic selling is the vital reason for a market crash according to my experience, Of the two of your queries, I think panic selling is the worst and postpone from trading is not hamper in the market. I think this way is best when you don't understand your market's situation.
Indeed. Panic sellers are just feeding the whales causing the bearish market to be longer than what we are expecting, it is a 50:50 position where we are stock thinking if we are going to give up hodling or not because first, we need fiat to sustain our daily needs, to pay bills and other adult responsibility, second we are thinking negative things like it is now or never kind of thing. You are doing wrong if you only invest just to sustain the daily needs, investing is a long term and that is not weekly earning a profit. Holding is a wise decision of investors, when you are in panic selling, the whales laugh more if you follow your emotion and listen to the whale's news. Well, I think the worst one is panic selling because if you do panic selling you'll be able to lose big amount of money rather than postpone from trading. Panic selling if the price drop down is really not a good idea so in order for you not to lose money you must think first before you act. Oh, really? then please enlighten me where we are going to use the money we put in investments, we are talking about Trading here not just investing and holding for the long run. Trading is not just for long term to gain profits because there is approach in trading called Day Trading, I hope you know that. Also, if we are not going to use the money that we are earning in Trading as our investment, then I don't know anymore where we are going to get some free foods, shelter, free electricity and the rest.
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Murat
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October 12, 2019, 12:39:02 PM |
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Why does it? I don't think so. If you want to make a profit by trading and investment then you have to follow or create a technical analysis for your better outcome, If anyone claims that technical analysis is not bringing any good thing or it's useless then I must say those people are not having a good knowledge regarding cryptocurrency platform, So far I think technical analysis is one of the main element which helps to take any decision towards this platform, but it's true that technical analysis doesn't make sense if you make an attempt for the long-run investment and holding, it's only meaningful for the short-run investment and trading.
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huige007
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October 12, 2019, 07:25:08 PM |
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Don't panic sell. That makes you part of the problem. A lot of people when they see a coin go down a little bit will end up selling off their coins to cut their losses. However, this just compounds the situation and makes it worse. That's why you see huge dips sometimes. It's basically a snowball effect. Remember, you're not the only one thinking of dumping your coins at that time. There are probably hundreds of other people thinking the exact same thing if you're on a big exchange.
Thank god! There are some people who understand this phenomenon that in dips, all investors are supposed to hold onto their coins i.e. keep them in wallets particularly when the coin is bitcoin. Dumping bitcoin with the speed of light makes it difficult for all of us to see it reaching price value which is above every previous pump.
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Omega Weapon
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October 12, 2019, 07:42:43 PM |
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Selling it out of panic is a very fatal mistake and in my opinion it happens to those who are new or beginners who don't really understand and judge the nature of the market well, because they feel scared when the market falls and make mistakes and sell at the wrong time. and if you sell it out of panic and it happens to people who have been in crypto for a long time, that's very embarrassing. and delaying it is a wise choice when the market is down.
You may think that this only happens to newbies but that is not accurate, panic selling happens to all of those that let their emotions take control of them and their trades, consequently even experimented traders can fall prey of this mistake which is one of the most dangerous challenges you will have to confront as a trader, but how we can avoid it? With a very strong discipline and always remaining calm regardless of what it is happening in the market.
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Goodvalony
Member
Offline
Activity: 616
Merit: 16
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October 12, 2019, 08:13:30 PM |
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i don't think we will ever experience any bull market again for altcoins. As long as investors are in for quick sales. also, everyone wants to recover there money and move into the next new project. altcoins will continue to decline. many more tokens that were hot shot in 2018 are now shitcoins. same will happen to all the coins that are trending to be to coins.
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