Do not panic sell when there is dump

[odukoyaewatomi27]

The main thing when investing or trading is to have good stop loss and take profit technique, when you adhere to this you will be fine, at time a coin pump and there is something in you revealing to you that it is likely it goes up more so leave a little part for this segment. But when you have a feeling that a coin is overvalued simply sell and run on the grounds that the dump is consistently super dump and you can lose every one of your profit.

[kevindjunaidi]

that's right, we shouldn't panic sell, because it is a natural thing if the market is experiencing a correction, so of course if the price is going down, then we just need to hold and buy more, because if the price starts to increase very high again (bull run), then of course we will get a big profit, therefore we must continue to hold and never do panic sell when the price is going down.

[adekogbe]

Panicking when the prjce alof a coin or token goes down is born from poor understanding of how price moves in the financial markets.
The FX or commodities markets for example sees this occasional positive and negative swings in price action from time to time and no one really panics when this happens.
A price dump is just as normal as the pump and to be a successful investor, you need to be comfortable with taking the drawdowns

[kawetsriyanto]

Pump and dump are always happening. If a person is already a long time in crypto and learns well how the crypto market works, he mustn't be panic once there is a dump. We are still in the bullish season, there is a lot of chance of the crypto prices to increase again. Why we must be panic? What we should do is to keep holding and don't be affected by FUDs.

[tanjiran]

Pump and dump are always happening. If a person is already a long time in crypto and learns well how the crypto market works, he mustn't be panic once there is a dump. We are still in the bullish season, there is a lot of chance of the crypto prices to increase again. Why we must be panic? What we should do is to keep holding and don't be affected by FUDs.

and one way to avoid panicking and being affected by fud is to have sufficient knowledge related to market analysis. without having a basic market analysis, we will just be carried away, easily affected by fud so it's easy to panic buy or sell. at least, by having a basic analysis we can determine the timing and predict the direction of market movements.

[Republikcoin.com]

a price jump puts a person's emotions out of control, as they are forced to make quick decisions so as not to lose even more assets. In fact, if someone experiences panic sell and repeats it at least 3 times, he will get valuable experience and certainly will not repeat the mistake again because he understands that the price will return to normal in some time to come.
some greedy people take advantage of bloody market moments as a way to get more coins because of the discounts offered.

[Piesel]

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.

Do not let your emotion drive you. Instead of panic selling, thinking of the posibilities that can happen after the big dump. Make a clear judgement so that even when you lose your money, you still realize something. Panic selling only cause more pain to what's already happen.   

Just hold your coin. Do not sell it. Only accumulate

[Banulit]

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.

Look at the brighter side every time that there is a dump, think that it is the opportunity to buy, accumulate and increase your hodlings because I always believed that after experience a dump, massive pump follows.

[Adreman23]

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.

There are times the dumping going straight down and no support from whales. All I can say is before making the trade it should be planned, knowing your entry and exit point. And always set a stop loss if there are sudden price dumps to avoid big losses. When the trade is planned you know what to do, when there is no plan you will really hesitate and you  don’t know what to do.

[lexkiee28]

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.

This is the real problem of every newbies entering the world of crypto, they tend to panic sell every time they see a massive dump which I think is wrong characteristic of a crypto enthusiasts. As a newbie, you need to think on the other way that every time that there is a dip its a good time to buy more and hodl more because once that it pumps once again it will definitely profitable in your part.

[nicecrypto]

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.

True and I most confess that I have been a victim of this but like you said, every new trade is a journey and I have certainly learn a few over the years of crypto trading. Even when you think you enter the market at the right time, it might starts to dip immediately after and if you are not in control of your emotions, you might end up losing more than you bargained for. I really believe knowing the market and being in control of your emotions helps in crypto trading. 

[ChaoChibai]

the correction of bitcoin absolutely affect the altcoins. there are so many correction of alts that make us worry.
but, come to think of it, I think we have to make a wise decision to our investment and do not panic and rush to sell our coins if this situation like this happen.

[paxmao]

It is a good advice and we all have heard about it. The key to understand panic is the lack of confidence. Believe it or not, it has taken 4 years for some tokens to reach a mature stage, and it was possibly impossible to tell if these were going to succeed. You could have bought most of those for nothing and made a profit.

However most people do not get that short of result because they do not have conviction and that is because they have not done the right research and do not follow the projects, they are just trying to get rich quick with no effort.

[nitin8263]

Definately if you buy any coin and when you buy then suddenly coin goes down and you sell the coin a panic, sell the coin in a panic it's not a good thing, I think you should hold your coin.

[Rampagoe004]

This kind of thing is very difficult for us to do because every time there is an increase we are always haunted by the decline so that we feel panicked and try to sell the coin that we hold, sometimes when we throw away a coin must have its own reasons because in investing we have a different strategy so that the way we use it is also different because it all depends on our own beliefs.

[TWW]

Who doesn't panic seeing the decline in asset value happening so fast? I am sure that almost everyday trader will experience high panic. You can see that when the dump occurs there will be an increase in value for stable assets. that's because many are selling their assets for stable assets.
But most of the people there are of the principle of long-term investing and the dump won't affect them.
it can be overcome because they have a long-term analysis and they have made a great plan. when they are consistent they will get the results.

[TribalBob]

I used to know crypto at the beginning, also felt panic when assets fell by how many%, and auto sold all assets and the mistake was that I liked to immediately exchange my country's currency without any thoughts of buying back when the market really went down, but over time I understood a little the market condition is not always the market going down and we will not always experience a loss
surviving is the key to success in crypto
and there is no more panic right now when i see the market flush

[FloridaKid]

What's going to happen if bears take over? People are expecting some kind of warning but that's never going to happen so it's normal for people to panic, this market will end in a very bad shape, probably the most devastating one in crypto history, watch out and plan yourself well

[Snappycoco]

You can't blame those newbies who are afraid to lose some profit with the dump. I admire your advice but sometimes it is quite unsure if the price would ever go up again or would it dip even lower.

[billy.ryoko]

You can't blame those newbies who are afraid to lose some profit with the dump. I admire your advice but sometimes it is quite unsure if the price would ever go up again or would it dip even lower.

Yes, I am agreed with you, but not only the newbies, who know the dumping when will be stopped, you only can make the choice, cut loss or hold it for the price rise again, I have bought the BCN in 2 years ago, when the price is dumping, I hold it, and I want to tell you this is the stupid decision if I know the price almost zero today, why not dump it before?