TRONTON
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October 19, 2019, 03:40:49 AM |
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both have different strategies due to timeframe differences from targeted earnings, panic selling is worse but can still be overcome by averaging orders or setting a stop loss, this is usually done by daily traders.
postponing trades applies to patient traders with a minimum benchmark of 12h / 1w this is better because they buy gradually, but stay focused not to sell to a certain point, or not brutal to place an order every hour
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ashmodeus
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October 19, 2019, 09:55:26 PM |
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well , actually it depend on situation on that time. but, i choose panic selling is the worse than be hodler. when u sell, u have no chance for , well , lets say get some profit , if market recovery. but if u postpone a trading. probably is 50 : 50 for what next happen.
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secretgirl
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October 20, 2019, 08:47:26 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?
I agree with what you say, it's humane if someone holding a coin does the three things that you say. I myself have felt panicked because of falling prices, and what I did was sell to secure what was left. I also survived when prices fell because I speculated that prices would soon rise again. You ask which is worse than both actions. In my opinion, selling because of panic is the worst way for traders. when we panic, there seems to be no way out and want to sell immediately. if you decide to survive, it means someone is still willing to find and learn what will happen next. so one can speculate that prices will go down or up again. in my opinion, selling out of panic is of no benefit to someone who trades.
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wxa7115
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October 23, 2019, 07:36:07 PM |
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Not all exchange have stop loss feature,so better if you are in doubt, better to sell your BTc first to USDT so it will not create more loss, it is better than having a panic all the time when the price is going downward, better to secure first rather taking risk, always check news and watch the chart.
If the exchange of your preference does not support a way to setup a stop loss then it could be a good idea to see if they have a way to alert you if the price of a coin in which you are invested crosses a certain level, if your favourite exchange has that feature then as soon as the price goes below the level of losses that you can endure you will receive an alert in your smart phone and be alerted immediately about it. As soon as you receive that alert you could log on your account and then sell your coins immediately, this method will take you a few more minutes than if you had a stop loss but it is still good enough and could save you from losing more than what you can afford.
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d3nz
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October 24, 2019, 02:57:24 AM |
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As of today's market status is currently plummets really hard and i think people are in panic selling right now and cannot control if there is a lot of fomo or fuds roaming around that's why we need to make sure that were not folloing that down trend.
But this is a good thing and we can take advantage of the price down of bitcoin since it might rise in a couple months and earn a lot of profit. We just need to ignkrr those bad news and go with our instinct in a positive way.
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Gotumoot
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October 24, 2019, 12:01:20 PM |
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Panic selling is the worse, Just think of the possibilities as we know that the price of altcoins and bitcoin is volatile. What if you were so scared you sold it right away? And the price of Bitcoins rise suddenly? Will you buy again or not? You will only give yourself the blame and stress here so it is best not to trade first and buy more coins as the price is discounted.
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crossabdd
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October 24, 2019, 12:16:21 PM |
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this we can see from the circumstances, if the price falls after rising high, and someone has bought at a high price. selling faster is good for saving their assets. but when prices are as low as they are today. someone buys a coin and after that it's a dump. then he sells it. I said that was wrong. Today's falling prices will not be deep. and will recover soon. so holding and postponing sales is a good thing.
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tambok
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October 24, 2019, 04:55:27 PM |
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this we can see from the circumstances, if the price falls after rising high, and someone has bought at a high price. selling faster is good for saving their assets. but when prices are as low as they are today. someone buys a coin and after that it's a dump. then he sells it. I said that was wrong. Today's falling prices will not be deep. and will recover soon. so holding and postponing sales is a good thing.
Things that we cannot control about, is when people do panic selling, and currently we are experiencing same thing again when the price declines due to some news, they think that Bitcoin will die and they treated it as a negative impact, so people were panicking and started to sell again. Well, we cannot control people but rather take this as an advantage to buy more at cheap price.
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aysg76
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October 24, 2019, 05:45:29 PM |
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this we can see from the circumstances, if the price falls after rising high, and someone has bought at a high price. selling faster is good for saving their assets. but when prices are as low as they are today. someone buys a coin and after that it's a dump. then he sells it. I said that was wrong. Today's falling prices will not be deep. and will recover soon. so holding and postponing sales is a good thing.
Panic Selling is not when price increases, it is exclusively used to describe the hurried selling of assets in the event of sharp fall in the value of asset. In crypto market, panic selling is worst move a trader can make. Unlike other assets, cryptocurrencies are tend to return to their ATH again and again over time so it is better to hold coins if price is falling. But another thing is to determine that coin is not shitcoin and has adequate and vibrant market which can sustain the fall.
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micalith
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October 25, 2019, 03:36:26 AM |
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I think panic selling is the worst one. Trading shouldn't be about psychological. Because others act according to psychological and you should evaluate the others in order to do nice trades. But if you do panic sell, you will become the normal trader and you can't make money with doing similar things with others. So, do different things than others and make no panic sell.
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Edraket31
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October 25, 2019, 04:20:06 AM |
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I think panic selling is the worst one. Trading shouldn't be about psychological. Because others act according to psychological and you should evaluate the others in order to do nice trades. But if you do panic sell, you will become the normal trader and you can't make money with doing similar things with others. So, do different things than others and make no panic sell.
If we do this all the time, to panic all the time the price is declining, then how can we be able to take profit on it, we will just lose our fund and investment, so better not to do investment if you cannot control your emotion and you are in doubt in everything that you are doing, it is fine to do investing, but be wise with your decision, think well.
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huige007
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October 25, 2019, 10:31:27 AM |
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this we can see from the circumstances, if the price falls after rising high, and someone has bought at a high price. selling faster is good for saving their assets. but when prices are as low as they are today. someone buys a coin and after that it's a dump. then he sells it. I said that was wrong. Today's falling prices will not be deep. and will recover soon. so holding and postponing sales is a good thing.
If you ask me, it is panic selling which has worse consequences as compare to the postponing. When some sells out, the amount of his asset and holding decreases. However a simple delay will not cause any sort of deficiency in his asset. With time when his asset will rise up again, he will be able to make profit but the sold coins are hard to recover. Selling out after losing emotions is not great.
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bitzizzix
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Enjoy 500% bonus + 70 FS
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October 25, 2019, 02:24:30 PM |
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It all depends on the market situation, when the market is in a downward situation, delaying trading is the most effective option when compared to selling it out of panic. and when the market goes up again you can continue trading again, stupid thing for those who sell it out of panic, because that can affect market movements.
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zeze18
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October 25, 2019, 03:19:36 PM |
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The whales love people who panic selling. As we know, many whales that holds a thounsands bitcoin can make a market make a movement. When they do massive sell on most markets, I'm sure price will drops and the panic seller will do cut loss. But when the whales do the massive buy, the panic seller will buy the btc again with higher price. And this process looping and make the whale whaler
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jakoylantern
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October 25, 2019, 03:37:44 PM |
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The whales love people who panic selling. As we know, many whales that holds a thounsands bitcoin can make a market make a movement. When they do massive sell on most markets, I'm sure price will drops and the panic seller will do cut loss. But when the whales do the massive buy, the panic seller will buy the btc again with higher price. And this process looping and make the whale whaler Yes, I agree with what you said; these whales can make the bitcoin and another cryptocurrency a price movement. That's a great tip to those panic sell that they make there own TA so that they don't panic selling and lose their money. Also, the reason why whales do that because they can profit a massive amount on that because, as you said, some ppl panic sell their crypto when that price drops and buy again at a higher price.
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Apened
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October 25, 2019, 05:02:41 PM |
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No doubt the worst is panic selling where you are about to sell how much or what you have in a loss position as most often to happen in trading. While if you chose to postpone trading it is like holding or leaving your position. Both have advantages and disadvantages but you need to learn them when and what is better things to do.
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nelson4lov
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October 25, 2019, 10:40:43 PM |
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Both of them are bad but I feel panic selling is more worse. Why did I say so? It's simple. It goes beyond say that not being able to control one's emotion while trading is usually one of the leading factors to failure for new traders. I know someone who panic sold and shorted bitcoin at $7300 and today the market has taken the opposite direction. He's currently close to getting liquidated. His losses thus far has exceeded over $20,000. As you read, His inability to get a hold of his emotions has cost him.
On the other hand, One can postpone trading for a while and keep your finds in a USD pair like USDT. Yes, your amount would stsy the same. That's better than taking the L in my opinion. Only thing is, You might miss out on some upward opportunities.
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Edraket31
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October 26, 2019, 08:37:47 AM |
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Both of them are bad but I feel panic selling is more worse. Why did I say so? It's simple. It goes beyond say that not being able to control one's emotion while trading is usually one of the leading factors to failure for new traders. I know someone who panic sold and shorted bitcoin at $7300 and today the market has taken the opposite direction. He's currently close to getting liquidated. His losses thus far has exceeded over $20,000. As you read, His inability to get a hold of his emotions has cost him.
On the other hand, One can postpone trading for a while and keep your finds in a USD pair like USDT. Yes, your amount would stsy the same. That's better than taking the L in my opinion. Only thing is, You might miss out on some upward opportunities.
If we panic all the time there is nothing we can do for it, we will just waste our money and wasting our time buying at high and selling at low. We should invest when we are ready, if not yet ready, then don't push yourself, don't do panic buying too, seek guidance and help for those whom you trusted most for you to be inspired, investing is not that easy but be worth it if you have a lot of patience.
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Webetcoins
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October 26, 2019, 03:08:24 PM |
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No doubt the worst is panic selling where you are about to sell how much or what you have in a loss position as most often to happen in trading. While if you chose to postpone trading it is like holding or leaving your position. Both have advantages and disadvantages but you need to learn them when and what is better things to do.
I agree with you. Panic selling is the worst that can happen to anyone rather the worst mistake that one can ever make in his life. When an investor sells out his asset due to the fear of loss, he makes an irrecoverable blunder. However, a simple postponing is just like a long term investment where once money is spend then all that an owner does is, holding for a long period of time, for pump.
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senne
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October 26, 2019, 03:19:45 PM |
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Missing a trade is a normal thing. You might sometime enter a trend near the completion of the trend. But panic selling is stupid. If you're bringing emotions in the trading and selling out of influence, then trading doesn't make much a sense. You can save yourself from nboth the situations by putting stop losses in place. Stop loss will help you in maintaining the risk reward ratio. This will save you from giving in to fud or fomo.
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