Guys avoid panic sell...

[bitzizzix]

Selling panic because it is based on lack of knowledge about the market and hearing bad information or news about the market that causes panic and selling it without searching for the truth.
but for now we are
in the face of a pandemic most people sell it out of necessity due to difficulties in making money and limitations with government regulations that make it difficult to make a living because they have to be at home during a pandemic, for example I during my pandemic my work was stopped without pay until everything returned to normal and there was no choice because I have to sell it in stages to meet the needs of my family and me without thinking about the market situation and in my opinion there are many people there who experience it like me and that is a choice. 

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[STT]

Bit of a sell occurring now but just feel like I'm missing out on price action as it moves too far in both directions with volatility I think.   



Here BTC registers its low in the last hour on a weekly average.   I this is a dress rehearsal , its liable to repeat and I'll look with more interest in 24hr how its proceeded involving main market opening, etc.    As far as panic, its not the time to jump as the market itself doesn't know what it wants imo

[Rana590]

Panic sell can't bear a good result. There are a lot of people still now who are not familiar with crypto currency well. If they have something to sell, they sell it quickly for avoiding risk but it creates worse situation.

[Tamim121]

Panic is bad for everything. For panic selling, you must not get good profit. Those person who have not enough knowledge about crypto currency, they sell by getting panicked. In my opinion avoid panic sell and gather enough knowledge about crypto currency.

[yohananaomi]

Panic is bad for everything. For panic selling, you must not get good profit. Those person who have not enough knowledge about crypto currency, they sell by getting panicked. In my opinion avoid panic sell and gather enough knowledge about crypto currency.

panic will clearly influence decisions that could backfire because decisions taken in panic situations will always be worse than the good ones. not all decisions and actions in a panic situation can produce actions that lead to positivity.

It is not recommended that in a panic situation we take any action that will backfire for decisions that occur in a panic situation. because with panic sitasui, our way of thinking is no longer rational and will tend to make mistakes that cannot be controlled properly.

still at all times can control yourself by getting used to all actions need to be understood well before finally making a decision to take further action.

[wiss19]

These increases will definitely lead into a panic sell, there is no way that it will not happen, we are talking about an increase so much that the support levels are looking distant right now and if they are not defended properly that means price could go down very very fast and meanwhile not only panic sellers will come but the stop losses that people have will be triggered as well so the price will drop very fast if someone wants to. That is what people who short bitcoin does, they just put all their money into selling bitcoin all at once, they do make a profit because they do not have to do it all by themselves, they do it for a small amount first, like a 3-4% drop, rest is taken care of by the people who are doing the panic selling and stop loss triggers that get activated.

[whyrqa]

Panic sellers always have their selves to blame, a friend of mine was once in the shoe, I believe almost every one must have done such before or perhaps still doing it, I remember when he told me that he sold his $linkbull at $150 despite buying high then with a Fud news about the token going to zero, currently $linkbull is almost $15k per unit, he's regretting it right now

Panic will always be provoked, whether it be a fall in the cryptocurrency market or a rise in cryptocurrency prices, because everyone wants to earn more, but no one wants to lose a cent. It is a shame that such panic is negatively affecting the cryptocurrency market through other cryptocurrency users.

[Savemore]

Panic sellers always have their selves to blame, a friend of mine was once in the shoe, I believe almost every one must have done such before or perhaps still doing it, I remember when he told me that he sold his $linkbull at $150 despite buying high then with a Fud news about the token going to zero, currently $linkbull is almost $15k per unit, he's regretting it right now

If you have discipline, for sure that you can avoid panic selling. We should remember that trading is a set of rules, if we do not have rules expect that we can do FOMO and also panic selling. I avoid panic selling by following the rules that I implemented to myself. For example I have a rule that I should only have 4 trades a day, I cannot exceed on that number because I can consider it as over trading and it can affect my trading performance. If we know what we are doing, then we can avoid panic selling.

[Ayiranorea]

Panic sell often happens with the low volume traders who are into trading. Even if we try, it is quite hard to avoid panic selling. With yesterday's growth of ethereum I encountered the panic selling moment. I sold the ethereum at $385, thinking the price fall happening from the price around $400. Thinking of the price drop I sold it, and from that point it started to grow reaching $440.

[peterpanda]

Panic sell can't bear a good result for crypto market. If we think about a green crypto market, we should avoid panic sell. Panic sell affects on the price directly.

[fourpiece]

Panic selling is only for the weak hands, i know the pandemic made some holders weak because they need money preparing for the lockdown. And some use that moment to buy so much coin and now they get huge profit because of it. The pandemic give good effects to the crypto market.

[STT]

Market is very buoyant at present, a slight dip on Thursday below the 2 day average and happily skipping along upwards ever since.   Similar for the weekly averages is quite positive movement at the moment.



So theres positive movement into a steady line or resistance to the highest prices, this could mean we resolve this next week.   Either we fall below this positive momentum or break upwards but so far nothing especially negative in character.

[Janation]

Panic sell can't bear a good result for crypto market. If we think about a green crypto market, we should avoid panic sell. Panic sell affects on the price directly.

It is a negative thing to start with.

Those people are actually not panic selling, especially at this time since they are used to these movements that are happening. HODLing is the best for now, if people bought at the dip the last month they are looking at a lot of good profits since then. Patience is really needed in this market, right now we should not panic sell, keep on holding. It will surprise us again.

[TEX-LXRY]

After this corona deadliest disease the governments in most of the countries has announced lockdown and this has caused a stir among people's because they can't go out of home, So people are selling their asset for cheap prices. Guys this will surely impact the price of crypto and the dip will continue if it goes like this, do not panic sell have patience and just wait till the market recovers...

And those who have money in savings and in banks will panic buy and will take this opputuinty.
I am pretty sure that no one will hear you because everyone is in need of money during this pandemic.

TEX-LXRY

[Savemore]

Panic sell can't bear a good result for crypto market. If we think about a green crypto market, we should avoid panic sell. Panic sell affects on the price directly.

It is a negative thing to start with.

Those people are actually not panic selling, especially at this time since they are used to these movements that are happening. HODLing is the best for now, if people bought at the dip the last month they are looking at a lot of good profits since then. Patience is really needed in this market, right now we should not panic sell, keep on holding. It will surprise us again.

HODL can be a good strategy right now because the price is still consolidating inside the area of value. The price is trailing at 20 Moving average which is considered as short term dynamic support. There are 2 times where the price hitted the 20 MA and luckily it support and it is the reason why there is 2 huge wick. By analyzing the last 4 candles, you can see that the candles do not hitting the current support which means that there is a momentum where anytime the price may reach the $12,000 again. It is already 2 times where the price try to stay above $12k but that two times failed. I'm sure that the price will also try to surpass it and maybe this time the breakout will become successful.

[Shohanur]

Panic is very harmful for crypto world. We can control the price if we wish. For this, we should avoid panic sell as possible for us.

[STT]

I dont think panic sell as such, that suggests a sell of all but profit taking is reasonable when we show weakness after many rises.    We're losing weekly average which then brings us to daily considerations and we'll move within that range and perhaps also find weakness or just repeat action.



Looking at previous action in relation to 50 day average, we can just go sideways at about 11k or so until time evens us out and we resolve through time not price alone, this would be not much of a sell from here.

[Oilacris]

I dont think panic sell as such, that suggests a sell of all but profit taking is reasonable when we show weakness after many rises.    We're losing weekly average which then brings us to daily considerations and we'll move within that range and perhaps also find weakness or just repeat action.

Looking at previous action in relation to 50 day average, we can just go sideways at about 11k or so until time evens us out and we resolve through time not price alone, this would be not much of a sell from here.

Primary mistake of majority on where they do easily get panicked when they do see these red candles.They do expect that the price would continue to rise without even considering
for some corrections.This recent price drop was just indeed a sell-off and its normal for market to have these decrease.

Good thing that it did able to sustain or hold up on 11,700+ price point but it can really go much deeper but it seems we are moving sideways atm and we might able
to see 12k price soon or even breaking 13k if we would able to see the same price movement behavior on previous weeks.

[elisabetheva]

I dont think panic sell as such, that suggests a sell of all but profit taking is reasonable when we show weakness after many rises.    We're losing weekly average which then brings us to daily considerations and we'll move within that range and perhaps also find weakness or just repeat action.

Looking at previous action in relation to 50 day average, we can just go sideways at about 11k or so until time evens us out and we resolve through time not price alone, this would be not much of a sell from here.

Primary mistake of majority on where they do easily get panicked when they do see these red candles.They do expect that the price would continue to rise without even considering
for some corrections.This recent price drop was just indeed a sell-off and its normal for market to have these decrease.

Good thing that it did able to sustain or hold up on 11,700+ price point but it can really go much deeper but it seems we are moving sideways atm and we might able
to see 12k price soon or even breaking 13k if we would able to see the same price movement behavior on previous weeks.

I think what you think with a value in the range of $ 12k- $ 13K will soon be possible because it has broken through $ 12K several times but the momentum is not visible yet so it looks like it should go down again. but there is no need to worry, let alone panic, because the opportunity to change on an increasing path will happen again and continue to move better.

[gbrendeh]

This is not only useful during this pandemic but always. Whenever market is making correction, just hold and don't sl cheap.