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Author Topic: Do not panic sell when there is dump  (Read 3041 times)
Ulvajaya
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September 01, 2021, 05:03:06 PM
 #281

That's why beginners are required to first learn to control their emotions in order to understand the market conditions when to release and when to buy certain coins so that there is no panic when rising or falling prices in the market, for experience it is enough for a failure to release coins that have the potential to be gems
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September 01, 2021, 05:10:50 PM
 #282

Who wouldn't be? sometimes you can't help panicking because you're losing your money, your hoping for a bigger profit and then comes dumping, but then you're right when you know that it's just a strategy that others make you wouldn't give in easily. You will know what to do, while their dumping coins.. yours it hodl waiting to pump so that when the right time comes at the value is high you'll know what to do next.

If you focus on yourself, then experience will dictate things to you. The cycle is always there and those who panic
right away, without analysing the situation mostly failed and lose a lot.
But those who know how to do and have good knowledge of how the market really works they can continue holding
or buy more to add to their current holdings.
They know that once the market bounced back; they got much better profits.
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September 01, 2021, 05:40:17 PM
 #283

It's not just the novice alone it happens to even professionals I think it's a matter of how accurate your analysis may be. If you have a good analysis and you are sure of the next move then it's better to buy the dip and hodl but the truth is not all coins are worth this risky adventure it's better you limit the loss and sell the dip if the analysis remains unclear to you
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September 01, 2021, 05:42:09 PM
 #284

That's why beginners are required to first learn to control their emotions in order to understand the market conditions when to release and when to buy certain coins so that there is no panic when rising or falling prices in the market, for experience it is enough for a failure to release coins that have the potential to be gems
Beginners aren't the only people who sell their coins by being panicked. But beginners make the mistake by selling their coins at lower price. Where some old and professional crypto users sell their crypto to buy back at lower point again. Even few manipulator sell big amount to create more panic. Investing in top good coins have less risk but whole crypto market falls when a big FUD happens. There will be always some panic seller in crypto market, nothing can stop them.

R


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September 01, 2021, 06:26:19 PM
 #285

It's not just the novice alone it happens to even professionals I think it's a matter of how accurate your analysis may be.

Indeed, it’s not just about being novice as professional traders made those type of mistakes. So we need to do the best analysis for any situation whether it’s bullish rally or correction. Thus we could get the best ROI on your trades/investment along with DCA for long term hodling.

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Sunyoto
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September 01, 2021, 06:31:03 PM
 #286

Who doesn't panic if the coins we hold go down in price?  Everyone will certainly panic, and those who panic more are those who have small capital. Because if we lose then there are no more assets that we have, Patience is necessary but not everyone can do it.
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September 01, 2021, 10:01:56 PM
 #287

A strong coin still has strong bearish potential, history has shown us Bitcoin or any altcoin in a bear market.
A trader who has a plan and understands technical analysis knows when to panic because he or she knows when the market is really down.

Having a bit knowledge about technical analysis is very essential for every trader including holders too. Sometimes you think market is dumping but when view on a macro structural level, they are nothing but just a mere correction which is healthy for any market. Just like the man who predicted the Bitcoin model to a million, using that chart alone will make you hold your coins no matter the condition of the market.
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September 01, 2021, 10:10:39 PM
 #288

A strong coin still has strong bearish potential, history has shown us Bitcoin or any altcoin in a bear market.
A trader who has a plan and understands technical analysis knows when to panic because he or she knows when the market is really down.

Having a bit knowledge about technical analysis is very essential for every trader including holders too. Sometimes you think market is dumping but when view on a macro structural level, they are nothing but just a mere correction which is healthy for any market. Just like the man who predicted the Bitcoin model to a million, using that chart alone will make you hold your coins no matter the condition of the market.
How could you able to determine a mere correction and a possible dump/crash next in line? This is where things even way more harder and this is why its really hard to retain yourself into the market
and wont able to make some mistakes because due to unpredictability then mistakes is always really that rampant no matter how knowledgeable and skillful you are.There would always be those
situations on where being experienced doesnt really count but we cant really avoid the fact that experienced ones would always have the edge and its a must thing for you to survive
on this market.

R


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September 01, 2021, 11:14:42 PM
 #289

Once the coins are pumped, of course there will be dump. So this is a lesson for traders that it is best to buy coins when the market is not bullish. Or you can buy coins before pumping comes along. This can minimize losses. Anyone would panic I think, if someone buys at a high price, but then the price of the coin drops dramatically. Again we must know the market conditions before entry points.

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September 01, 2021, 11:25:06 PM
 #290

Who doesn't panic if the coins we hold go down in price?  Everyone will certainly panic, and those who panic more are those who have small capital. Because if we lose then there are no more assets that we have, Patience is necessary but not everyone can do it.

We usually see Pump and dump in crypto. I think the one who Will panic when the dump come is people who have a huge capital, not the small one. Because when the assets go down, even just 3%, they lost a big money. It makes them panic, then make the dump even worst.
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September 01, 2021, 11:29:29 PM
 #291

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.

Depends some coins get one pump so you might want to exit once it's starts dropping.  But if you are talking coins like bitcoin, eth, etc then no you should just hold out.  Generally you want to sell when everyone is buying not when everyone else is selling.  This is how you make money.

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September 01, 2021, 11:37:06 PM
 #292

If you are choosing the right coins - the ones that have some fundamental basement like technology, team, implementation etc. - you will always be sure that dump is temporary and there will be more pumps. And thus you can always wait and hold for several more months (or even years).

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September 03, 2021, 04:08:14 AM
 #293

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.
don't ever panic because if the dump will cause panic and big losses there will be many mistakes and losses if it's one of the options to get a profit panic will make a lot of losses investors who have lost a lot of money because they are impatient will make big losses problems later it could be an opportunity to provide great benefits.


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andriarto
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September 03, 2021, 04:36:45 AM
 #294

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.
don't ever panic because if the dump will cause panic and big losses there will be many mistakes and losses if it's one of the options to get a profit panic will make a lot of losses investors who have lost a lot of money because they are impatient will make big losses problems later it could be an opportunity to provide great benefits.
so all we do is hold it until the market goes back up. but it is worth doing for coins with a large market cap. For new projects, I think there will be more risk, because many of them are dumped and don't come back up again. but every bitcoin drop for example, is an opportunity to buy collect coins, so we get a lot of coins to invest

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Pelana vreo
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September 03, 2021, 04:37:55 AM
 #295

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.
Dumps and price corrections are two similar parables. but some investors are afraid to sell when the correction occurs and they hope the price will go down and buy again, usually panic occurs because they have been waiting for a long time and the price of the coin does not rise after experiencing a correction for several months, this is why technical analysis is needed before you plan to invest in new coins, because some investors will calm down if they have coins like BTC and other top 100, the price will definitely hit ATH again because the coin has strong fundamentals

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September 12, 2021, 03:07:59 PM
 #296

If I frankly speaking it's not as easy as it sounds. I have come to know it with my own life experience. But it's also true that those who have been able to control themselves at the time of this panic have been able to see the face of profit later on. But for this, you have to be more patient and give it enough time.
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September 12, 2021, 03:18:47 PM
 #297

Who doesn't panic if the coins we hold go down in price?  Everyone will certainly panic, and those who panic more are those who have small capital. Because if we lose then there are no more assets that we have, Patience is necessary but not everyone can do it.

If you are new to crypto then you may panice, else for the seasoned players all know that btc and altcoins does have a roller coaster ride and in long term you make money. As well if you are just a short term investor than yes could have some panic situation during the course of it.

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September 12, 2021, 03:40:48 PM
 #298

I agree with your words These mistakes are usually caused by new traders when the market is down. A fear of them works a lot of the time they then sell out their asset. When new investors make this mistake, big investors exploit this opportunity to invest a lot of big amount. There will be such an updown in the crypto market. So I will say to new investors when the market is down, you will try to exploit your asset as quickly as possible and reinvest it will bring you a lot of profit. Don't Panic.. almost try to hold obviously you make rich Upcoming future

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September 12, 2021, 06:00:41 PM
 #299

Yes, I agree with you. When your holding coin prices dupm then many holder sell dump price and they loses Their  investment money.You should follow the market and Don't be panic. When you start trading or holding then you need to more patience and contorl your emotion so Don't  be panic stay carry on.I think dupm coin price increase in future and you will get profit from it.
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September 12, 2021, 07:45:12 PM
 #300

Who doesn't panic if the coins we hold go down in price?  Everyone will certainly panic, and those who panic more are those who have small capital. Because if we lose then there are no more assets that we have, Patience is necessary but not everyone can do it.

If you are new to crypto then you may panice, else for the seasoned players all know that btc and altcoins does have a roller coaster ride and in long term you make money. As well if you are just a short term investor than yes could have some panic situation during the course of it.


It's not easy to for someone who still new to this business to witness their investment to fall down.

The common reaction is to sell and avoid bigger losses, a kind of mistake that unavoidable by new traders and investors.

But along the way, when you start to learn the process and you start investing in a decent project, you will understand
the concepts of trading, buying at the dip and selling when the price pumped up.

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