Guys avoid panic sell...

[bitcoinisbest]

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.

Overall if seen that those who had sold due to panic situation have being on a loss side as at times markets have recovered very well and moved very quickly after the fall so in such situations they ended selling int he loss and also they missed that growth opportunity which they would have gained it if had continue to hold it. So it is really big loss for them.

[aioc]

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...

People who dumped their coins last March when the market is crashing have something to be sorry now they have to buy coins they dumped at a much higher price, these are unbelievers and weak hands Bitcoin has proven itself over the years that it can stand on it's own even in the worst scenario and the latest one and probably the hardest is this pandemic.

[btc78]

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

It is easy for you to say because it seems that you are not really into investing but if if indeed?you may know the meaning of panicking if the coins in your wallet is dropping hardly then you may decide what to do.

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

Lol people need Money to be spend in this pandemic and the safest way is to Use online money like Crypto thats why people are now withdrawing to use in this moment.

[lienfaye]

Honestly, we all want to hold back when a dump happens. However, some of us can't stand to see dump prices and sell assets in panic. after all, we all know that it is wrong to make decisions when panicking is wrong, so, I think the people who can endure panic are those who are used to this.

Well old investors are already used to this kind of situation thats why they are calm and not panicking in times the market is down. Its because they are aware that this is a normal scenario and should not become a big deal since the market is high volatile and can change unexpectedly. If you have knowledge about crypto investment and chose a good coin to invest in, then be confident and hold. Dont panic when the prices are going down its not permanent, just give time to recover and have patience. This is what investors should always keep in mind.

[yohananaomi]

Honestly, we all want to hold back when a dump happens. However, some of us can't stand to see dump prices and sell assets in panic. after all, we all know that it is wrong to make decisions when panicking is wrong, so, I think the people who can endure panic are those who are used to this.

Well old investors are already used to this kind of situation thats why they are calm and not panicking in times the market is down. Its because they are aware that this is a normal scenario and should not become a big deal since the market is high volatile and can change unexpectedly. If you have knowledge about crypto investment and chose a good coin to invest in, then be confident and hold. Dont panic when the prices are going down its not permanent, just give time to recover and have patience. This is what investors should always keep in mind.

it is true, that in crypto anything can happen and the panic that will only make each step taken will become a new problem. It is normal for something to go down for sure will happen, but it must be remembered that if the time has to go up then nothing will be able to avoid it and it will happen. I agree that it is not worth fearing in such a thing.

[boyptc]

But people need to buy foods, mask and Fullfil others necessary things including the basic requirements of life during lockdown. So they don't have any choice without selling their cryptocurrency at a low price. As a result crypto market turned into red ocean. But nowadays situation is getting normal, life is also coming back on track gradually. And crypto market is also getting green again

There were bitcoin holders that have to do it and sold some from their bitcoin holdings to sustain themselves. Not every bitcoin holder has other sources of living which will allow them not to spend their bitcoin. But for those who were employed and was affected by the lockdowns.

They have to resort with the solution of selling even if they don't like it.

[Nazmul012]

At this time, Covid-19 isn't so much effective anymore. I think now People are able to manage their daily expense without selling their holding asset like bitcoins. Cause almost every government allow them to lead normal life before Covid-19. Maybe that is why, panic sell is get reduced and bitcoin start increasing. Those are genius who bought bitcoin at the cheap price from panic seller and still hold the amount

[yohananaomi]

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.

It was hard times during lockdown and few whom I also know had to sell it because they needed money to survive and did not wanted to sell it but were left with no choice. So, leaving those, panic sellers generally end up in a loss itself because they think as if there is no future and bitcoin can never rise again. And later, when they would look bac will realized that what they had missed it.

it seems that people have lost confidence in themselves and the abilities they should continue to have, in a situation like a lockdown it is necessary to have patience and think carefully, because what can be done because of haste and excessive fear will only make him lose himself.

However, we cannot blame ourselves, because in a situation like this, the role of the government should continue because the public needs continuous information so that excessive panic does not arise. we have to understand that.

I hope times like this can quickly pass and everything can run normally again and self-confidence can rise again

[Questat]

At this time, Covid-19 isn't so much effective anymore. I think now People are able to manage their daily expense without selling their holding asset like bitcoins. Cause almost every government allow them to lead normal life before Covid-19. Maybe that is why, panic sell is get reduced and bitcoin start increasing. Those are genius who bought bitcoin at the cheap price from panic seller and still hold the amount

There's no panic sell anymore, it only happen when there is a FUD but even if we are in pandemic right now, we are still surviving and that is a good thing to see. Even some stocks are starting to recover, and bitcoin is very much stable reaching $12,000 again today, so there seems to be no sign of panic here.

[peter0425]

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

we can't blame them because they predicted that Pandemic will Hurt the market so they need to panic sell while the price is high.
and Then buy back again when the Bottom reached.
this is not actually panic selling but instead strategy to Buy low and sell high,words that we are commonly reading from all advises here.

[lepbagong]

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

we can't blame them because they predicted that Pandemic will Hurt the market so they need to panic sell while the price is high.
and Then buy back again when the Bottom reached.
this is not actually panic selling but instead strategy to Buy low and sell high,words that we are commonly reading from all advises here.

precisely the right strategy that has been implemented in rapidly changing circumstances is the right one for short-term investing. when it goes up and feels appropriate to sell do it immediately and when it goes down do the opposite to buy.

Currently, bitcoin has experienced several times going down and rising rapidly, seen when $ 12K has happened but bitcoin is still falling back to $ 10K and seems to be the current trend.
So keep the spirit to uncover unusual things to get quick profits.

[boyptc]

we can't blame them because they predicted that Pandemic will Hurt the market so they need to panic sell while the price is high.
and Then buy back again when the Bottom reached.
this is not actually panic selling but instead strategy to Buy low and sell high,words that we are commonly reading from all advises here.

I guess somehow there's a quite number of bitcoin holders that have recovered a bit from this pandemic. After most of those months when people were in lockdowns, a sign of recovery from the economy is seen a little by little.

And it's actually a good time for them to start buying again, price was lower and corrected.

[blckhawk]

Thanks for the warning, but I doubt that people will heed your call here because majority are cashing out because they needed fiat to buy important things to survived in this lockdown. So as much as irrational investors are selling at a lost, what can we do? for them it doesn't make sense to hold BTC at a pandemic that we all have been facing.

Well, we can't blame them they probably sell because they need cash and there's nothing we can do about it, they need it so badly in order to survive. Not gonna lie selling now was totally bad idea, but if you need it then don't hesitate to use it, you keep earning for your family and for your own sake anyway. But if a person who only just sells just because you've panic then that is totally wrong.

But make no mistakes about it, there are still people here, who chooses to still hold on their precious bitcoin and continue to buy at this dip. We still thinks that despite that current state of the market, bitcoin will still survived long term.

Gladly, there are still a lot of people who know the drill when markets plummet. It seems it will take time for Bitcoin to hover over $10k so take this opportunity to buy and accumulate more coins then just HOLD it until the bull market comes.

[KTChampions]

People who dumped their coins last March when the market is crashing have something to be sorry now they have to buy coins they dumped at a much higher price, these are unbelievers and weak hands Bitcoin has proven itself over the years that it can stand on it's own even in the worst scenario and the latest one and probably the hardest is this pandemic.

There are always two sides to a deal, so the one who was buying at that time is now happy, even taking into account the fall.
By the way, I sold my BTC at the price level of 12,300 and now I'm in serious thought - I need to understand at what level to make a buyback. It seems to me still early, the fall should occur to levels well below 10k.

[hahay]

People who dumped their coins last March when the market is crashing have something to be sorry now they have to buy coins they dumped at a much higher price, these are unbelievers and weak hands Bitcoin has proven itself over the years that it can stand on it's own even in the worst scenario and the latest one and probably the hardest is this pandemic.

There are always two sides to a deal, so the one who was buying at that time is now happy, even taking into account the fall.
By the way, I sold my BTC at the price level of 12,300 and now I'm in serious thought - I need to understand at what level to make a buyback. It seems to me still early, the fall should occur to levels well below 10k.

But, at least you sell at the right time but I'm not sure this decline will continue until far below the 10k level or you may have your own target to buy back at a certain level, because maybe you have another analysis that maybe this fall in price will hit 7k and that's possible. I personally am not really sure that there will be a major correction at the end of this third quarter period, because with the market still recovering it is likely that the price will continue to fluctuate in the 10k range until the close of this quarter.

[KTChampions]

There are always two sides to a deal, so the one who was buying at that time is now happy, even taking into account the fall.
By the way, I sold my BTC at the price level of 12,300 and now I'm in serious thought - I need to understand at what level to make a buyback. It seems to me still early, the fall should occur to levels well below 10k.

But, at least you sell at the right time but I'm not sure this decline will continue until far below the 10k level or you may have your own target to buy back at a certain level, because maybe you have another analysis that maybe this fall in price will hit 7k and that's possible. I personally am not really sure that there will be a major correction at the end of this third quarter period, because with the market still recovering it is likely that the price will continue to fluctuate in the 10k range until the close of this quarter.

You are right, there are many opportunities, which is why I am worried (I want to fix the profit by making a buyback, but I do not want to lose profit from a possible further downward movement). I've heard the opinion that the current fall is preparation for a big rise (I mean the stock market) that will be shown to voters before the very presidential elections. Therefore, there is a possibility that the bottom has already been or it is somewhere nearby and it is time to return to the BTC.

[Tahid12]

Of course panic sell is very harmful even it could destroy whole crypto world. but Sometimes people don't have any other option without selling their asset, for example during Covid-19 condition. there are many holder who were unwilling to sell their assets but they had to done that because of Covid-19. But new investor shouldn't be panic, rather they need confidence & courage for face any bad situation

[Janation]

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

That is why it is better to hold Bitcoin for a long time.

There are a lot of changes every day and if you can't hold your emotions, you will grow paranoid about it. Trust the process as you can all see the price chart making progressions through time.

[Oilacris]

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

That is why it is better to hold Bitcoin for a long time.

There are a lot of changes every day and if you can't hold your emotions, you will grow paranoid about it. Trust the process as you can all see the price chart making progressions through time.

But not all would really have the patience on waiting for that long before they would able to materialized their profits thats why some of them will just decide to deal with it on active manner

which i cant really blame them yet i had the same feeling too where i cant really just sit and watch the volatility and wait up for years just for me to sell out for some hundreds of bucks or thousands of profits

depending on the price of it on that particular time.I do have the mindset that i wont need to be that idle for too long if i can achieve it through active trades, even though it is riskier but it would be more

worth for the risk if you do know that it can give out chances for you to earn more compared if you do just simply held of your coins in a long term prospect.Well its a matter of choice though!

[Raflesia]

Of course panic sell is very harmful even it could destroy whole crypto world. but Sometimes people don't have any other option without selling their asset, for example during Covid-19 condition. there are many holder who were unwilling to sell their assets but they had to done that because of Covid-19. But new investor shouldn't be panic, rather they need confidence & courage for face any bad situation

The covid-19 situation is indeed needed, especially to sell assets due to urgent conditions or other needs, therefore panic selling will always occur if there is bad news, therefore investors always do not have confidence in the assets they hold because it is clear this is the case.  It's commonplace but only takes a long time to get up when the dump is bad.