Do not panic sell when there is dump

[Vaculin]

Unfortunately, panic sellers already doing what they know how to do best, panic seller for cheap price and buy back later at high price when the market recovers, this is usually the case with most people, they can't bare to see the market dip a bit before they panic and sell off their assets, experience should be the best teacher but some people are still not use to dip i guess 

You say unfortunately I say fortunately. If sellers don't panic and nobody budges than we never get Bitcoin at dips and there are less and less new owners (since new owners may be unwilling to buy without seeing 20/30% dips happen in a few days.

The more these socalled sellers let go now and let go early, the better we have people getting in long term willing to keep buying it up.

Long-term investors are willing to take care of them. If these weak hands or panic sellers will dump their Bitcoin, someone will also buy their Bitcoin.
No matter what we say, "just keep calm, don't panic", the truth is that we are wasting our time giving that advice coz they just simply ignore that and do what makes them happy. But the question is, are they? Regrets just come next, and then they will show up asking why?

[carrie_white]

panic sell happens to anyone, especially  new investors in the world of crypto. Sometimes the coins that we invest have dropped in price, not because of a problem with the coin itself, but indeed the crypto market conditions have experienced a disaster, so it's only natural that our coins go down, sometimes the market also experiences market correction, so don't panic first

[Btc_1856]

In Crypto investing, experience is the top priority, because with experience we are smarter in taking action when it's time to buy or when it's time to sell our crypto assets, because I personally often panic when I first invest especially when my coins suddenly dump.
[/quote

Panic is a most things everyone will experience when the market is dropping, without experience, we cannot learn, others live experience will guide to us but it cannot give a complete idea about the market. So after investing we might experience and it will help to protect our investment later.

[carlisle1]

Sometimes when a coin pumps hard and starts to dump, novice will panic sell due to fear or other reasons, while the whales will buy up the dump and mop it all and then pump it even harder.... So don't always panic sell, be in control of your emotions, although it isn't easy, but with practice you will perfect and master it.......Every new trade is a journey and a new destination...... Always dyor

What do you think about this circumstance ? am i overthinking this ? share your views.

In my view, this could be good depending on the conditions and the coin which has strong fundamentals. Sometimes other people throw coins for a million logical reasons and have analyzed them. therefore keep gathering good information and researching the coins so you can make the right decisions

Keep doing your good research and make sure to follow all the channels where you can gathered deeper
information about the coin that you are supporting.

If there's no further development expect that during the correction your asset may also experienced reducing it's value,
very normal since most of the traders and investors are trying to sort it up or some might cutting their losses.

During this event, if you have good amount of extra savings and you are willing to take another risk,
adding more to your assets may bring you much decent benefits.

[llecrf]

It is not easy to overcome the level of panic when the price of the coins we have is falling and losing hundreds of dollars in a few days, therefore every investor who enters the crypto space already knows that it will happen, then when the crypto market starts to turn red and all price of the coin will drop, they already know what to do, sell at a slight loss or wait for the market to recover

[cyriljundos]

It actually depends on the situation, if you have big amount of investment in a specific altcoin it is very hard not to panic in the dump times. But im trying to be calm and do some plan to overcome those losses and be effecient in trading. I think you must do your plan B if your coin got dump .

[Yamifoud]

It actually depends on the situation, if you have big amount of investment in a specific altcoin it is very hard not to panic in the dump times. But im trying to be calm and do some plan to overcome those losses and be effecient in trading. I think you must do your plan B if your coin got dump .

Don't let your emotion fool you, may it be in bull run or bear run, you always have to make the right decision. It's normal in the market ot see a bull run and a bear run but it's not right if we don't see an opportunity on two different situation.

[fahmimajannat]

Yes its a very common mistakes among the new traders.
They invest but can't hold. You have to understand that you can't take entry in the bottom. Because none can spend time 24 hours in trading. So after you buying the price may drop. Its doesn’t mean that it will never up again. So stop selling in panic.

[mulia sabee]

Sometimes when a coin pumps hard and starts to dump, novice will panic sell due to fear or other reasons, while the whales will buy up the dump and mop it all and then pump it even harder.... So don't always panic sell, be in control of your emotions, although it isn't easy, but with practice you will perfect and master it.......Every new trade is a journey and a new destination...... Always dyor

What do you think about this circumstance ? am i overthinking this ? share your views.

in my opinion it depends on how the method is played in trading, if the method that is often played is long term then don't panic too much when the price starts to surge, but if the method used in trading is short term then it shouldn't hold coins that already have the advantage of this price increase. in my view like that.

[Dexion]

in my opinion it depends on how the method is played in trading, if the method that is often played is long term then don't panic too much when the price starts to surge, but if the method used in trading is short term then it shouldn't hold coins that already have the advantage of this price increase. in my view like that.

Long-term trading is more time-oriented, he doesn't think much about getting quick profits, so if dumping occurs they will only observe, it is different from short-term trading, more oriented to the profits that can be generated in a short time, and must have a target minimum profit that must be obtained

[SistaFista]

Sometimes when a coin pumps hard and starts to dump, novice will panic sell due to fear or other reasons, while the whales will buy up the dump and mop it all and then pump it even harder.... So don't always panic sell, be in control of your emotions, although it isn't easy, but with practice you will perfect and master it.......Every new trade is a journey and a new destination...... Always dyor

What do you think about this circumstance ? am i overthinking this ? share your views.

The problem is, we don't know if the dump is really dump market or it is just the whale's trap to buying back more later.
I think if we know the project is solid and good, then we should ignore the dump because it is likely only the whale's trying to manipulate the market.

[HyunBin]

Panic selling is an attitude mostly of newbies in cryptos because they get shock and get FUD due to a big dump and dip but I think its totally wrong attitude because I see plenty of old timer crypto enthusiasts saying that when there is a dip its goods to buy and accumulate another hodlings and they dont panic.

[Viscore]

Panic selling is an attitude mostly of newbies in cryptos because they get shock and get FUD due to a big dump and dip but I think its totally wrong attitude because I see plenty of old timer crypto enthusiasts saying that when there is a dip its goods to buy and accumulate another hodlings and they dont panic.

Not all selling when there is a price correction called "panic selling". Sometimes we misinterpret it and I don't know why? Because the truth is that, everyone has entitled to sell their crypto at any time, we don't act like we don't do this.

Think that buying at $20k and you never sell it even though the price is already at $50k because you are afraid that someone calls you a panic seller? No, it's not. Because if you are a smart investor, you will take every opportunity that arrives for you. Because IRL, people are not coming just to keep buying and buying crypto, but they are here for a reason to make a profit and that is why they sell their Bitcoin and altcoins.

[gabbie2010]

Controlling my emotions is the most difficult part of hodling cryptocurrencies, the fear of losing when there is a massive dumping is absolutely difficult to control, a lot of thoughts will overshadows my mind, with these questions when is this correction going to end? will it last for weeks or month? should I dump my coins to minimize losses or keep hodling hopefully there might be a turn around, these are some issues that keep on bothering my mind, however  I believed I have overcome it now.

[EiKaGlaShPriSAThWEl]

Sometimes when a coin pumps hard and starts to dump, novice will panic sell due to fear or other reasons, while the whales will buy up the dump and mop it all and then pump it even harder.... So don't always panic sell, be in control of your emotions, although it isn't easy, but with practice you will perfect and master it.......Every new trade is a journey and a new destination...... Always dyor

What do you think about this circumstance ? am i overthinking this ? share your views.

Yes it is not easy. As novice, determining low and high is already difficult. When I start in crypto last 2017, BTC price was already high for me then I am talking to my cousin on the other day asking about how to trade. He saw BTC price around $50K. He told me that it is very expensive. I have seen myself on him because during the time that he checked BTC, it was down compare on the previous days/weeks.
Another, I think it is more effective when your coin is really a good coin. I have alts before that become worthless. I kept holding it assuming that it will pump on the next weeks or months but it does not happen.

[distr@yopmail.com]

Sometimes when a coin pumps hard and starts to dump, novice will panic sell due to fear or other reasons, while the whales will buy up the dump and mop it all and then pump it even harder.... So don't always panic sell, be in control of your emotions, although it isn't easy, but with practice you will perfect and master it.......Every new trade is a journey and a new destination...... Always dyor

What do you think about this circumstance ? am i overthinking this ? share your views.

The problem is, we don't know if the dump is really dump market or it is just the whale's trap to buying back more later.
I think if we know the project is solid and good, then we should ignore the dump because it is likely only the whale's trying to manipulate the market.

Then who do you think made the big hole when the dump happened?
they are investors who take advantage of market conditions. as today investors with large capital can manipulate trades in the market. they deliberately sell their assets in large amounts which makes a correction and they are ready to buy again when more and more smallholders panic sell their assets.

we are already seeing a lot of corrections and huge dumps taking place in the market. we don't have to panic to see it because we know the market will always improve when it finishes passing the moment.

[mulia sabee]

in my opinion it depends on how the method is played in trading, if the method that is often played is long term then don't panic too much when the price starts to surge, but if the method used in trading is short term then it shouldn't hold coins that already have the advantage of this price increase. in my view like that.

Long-term trading is more time-oriented, he doesn't think much about getting quick profits, so if dumping occurs they will only observe, it is different from short-term trading, more oriented to the profits that can be generated in a short time, and must have a target minimum profit that must be obtained

yes ,, it must all be in accordance with the basic method. if someone often uses the short term method then the increase is an opportunity for them. but if the method used is long-term, of course, you have to be patient according to the time and price that has been previously targeted.

[fosco333]

Panic selling is an attitude mostly of newbies in cryptos because they get shock and get FUD due to a big dump and dip but I think its totally wrong attitude because I see plenty of old timer crypto enthusiasts saying that when there is a dip its goods to buy and accumulate another hodlings and they dont panic.

There are always some panic sellers in every coin, even top coins such Bitcoin or Ethereum too.
When dump happening, we should not follow to panic selling, we can find out what is the cause of the dump.
Remember, in top coins, there are always whale who ready to eat the dip if we panic sell the coin.

[revilo]

Sometimes when a coin pumps hard and starts to dump, novice will panic sell due to fear or other reasons, while the whales will buy up the dump and mop it all and then pump it even harder.... So don't always panic sell, be in control of your emotions, although it isn't easy, but with practice you will perfect and master it.......Every new trade is a journey and a new destination...... Always dyor

What do you think about this circumstance ? am i overthinking this ? share your views.

Trading with altcoins with high hype is a high risk if you are late in buying and continue to insist you will get a loss due to the dump of these altcoins. now I myself am more selective not to buy carelessly especially with the fluctuating market like today. you better choose another altcoin that can be analyzed with technical analysis.

I am not a friend of technical analysis in this market. Often times the pojects are highly speculative and news have so much influence. How do you use technical analysis when an unexpected event happens? That is less often the case in the stock market.

[raji1995naya]

When investing or trading, the most essential thing is to have an entrance and exit plan; if you adhere to it, you'll be alright. When a coin pumps, something in you tells you that it's going to go up even higher, so set aside a tiny percentage for this. But if you think a currency is overvalued, sell and go since the dump is usually a huge dump, and you might lose everything.