Do not panic sell when there is dump

[Baimovic]

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

I totally agree with your opinion that we don't need to panic when the coins we hold experience a deep dump, but in cases like this we can apply if the coins we hold are really good coins like coins that rank high on the marketcap but if we hold coins that have not developed well, of course, it will be a loss if we continue to hold the coin, especially if the coin has no progress in it and cannot get the price back.

[1714319062]

1714319062

[1714319062]

1714319062

[1714319062]

1714319062

[1714319062]

1714319062

[glendall]

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.

Panic sells are usually done by beginners when the value moves down and they don't understand the coins they have and don't understand the real crypto cycle and their portfolio achievement targets,

[Coin BTC]

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. For now I have relaxed with any market conditions. Because this experience continues to make us mature in the face of dumps. Experience is the best teacher. I've been familiar with crypto for a long time with all sorts of price change. But this kind of condition does not apply to all altcoins, so we also need to choose certain coins for long-term investments.

[speedforce]

reinvest it will bring you a lot of profit. Don't Panic.. almost try to hold obviously you make rich Upcoming future

Reinvest is a good decision, but make sure you only do it with the cold funds, because ifs not, it will just add more panic when the price keep going down.

[coin-investor]

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....

Some investors and I mean the majority hates to see their portfolio losing their value, so they cut losses to save whatever they can save, this kind of investors are those who take a loan, convert their saving to Cryptocurrency and not really invested what they can affords to lose, in short they are here for profit, and so they are very quick to dump when market is crashing, we really can't blame these people, it's their hard-earned money, their mindset is not losing money.

[kurniawan05]

Selling coins or tokens at a dump price is a natural thing and is psychological for most people, because it is to save assets from bigger losses. But you are right we must be able to refrain from selling coins or tokens that we believe that the tokens are good and one day will rise again, should at the time of the dump we buy more tokens, not sell.

[magnum1010]

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.

I absolutely agree with you. We shouldn't panic but follow our strategy and be disciplined.
When there is a dump, we had better get rid of risky shit coins, but it is pointless to worry about mainstream currencies. Of course whales are in a better position, as we sometimes really need our money and if this need arises during bear market, we will sell for low prices.

[Piggymonster]

It easier said than done. The pressure you feel when you see that the prices are keep crashing down and a lot are panic selling. The important thing is that you make sure you only risk capital which you can afford to lose, and that well likely lessen the panic and regrets. Crypto markets especially see such up and down in prices, important is you are looking for long-term gains.

[Nutrient]

I strongly believe that people should groom their minds for the reality of Dips. It is bound to happen at one point or another. When this happens, don’t act on emotions. Easier said, I know but when you prepare for situations as this, it actually helps you react better than you would in an unprepared state or a state of denial. In other words, don’t just learn about the market only, work on your mind too. Know when to hold and when to sell. And sometimes there are wild opportunities when there’s a dip. Emotions isn’t always good for the market. It never is anyway.

[Lantind]

It's natural for beginners to panic because they don't have any experience in trading. But I totally agree with the review you gave and this is a must read for beginners

Not only for newbies, although on the whole they are newbies who often panic because of it, but it also cannot be denied by those who are experienced because sometimes they also feel panic about it, where it appears automatically when conditions are different.

[goolesby]

So you imagine, when you invest there may be a sense of worry when the price drops sharply with a fast period of time.
But if you are used to being a trader or investor in crypto assets, things like this are normal. Crypto asset prices change very quickly, sometimes up high and down sharply. This is because, pure crypto asset trading is left to the market based on supply and demand.
for example, Bitcoin is an asset that is in limited and fixed supply. It should be noted, Bitcoin was only created 21 million pieces. Currently, around 18.5 million pieces have been mined.
logically, when the supply or supply of the asset is limited and the demand continues to increase, the price will continue to rise. If many investors or traders are releasing and trading is sluggish, you can already guess what Bitcoin price will look like.

[CapGelatik]

It's natural for beginners to panic because they don't have any experience in trading. But I totally agree with the review you gave and this is a must read for beginners

Not only for newbies, although on the whole they are newbies who often panic because of it, but it also cannot be denied by those who are experienced because sometimes they also feel panic about it, where it appears automatically when conditions are different.

Panic can attack anyone, especially in certain situations and to be honest, not everyone can easily control it,
Panic for me is normal, it's just a matter of how we deal with it or at least we can control it

[cloudfir3e]

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

Controlling a trade is a very difficult thing, just like controlling emotions. for me it is something that is common in trading because not all traders have a lot of money and only use money for daily needs. so that when they buy coins and experience a decrease in price, they will surely panic and sell it immediately with the reason that they are afraid of losing their money because they use money for their daily needs

[freedomgo]

It's natural for beginners to panic because they don't have any experience in trading. But I totally agree with the review you gave and this is a must read for beginners

Not only for newbies, although on the whole they are newbies who often panic because of it, but it also cannot be denied by those who are experienced because sometimes they also feel panic about it, where it appears automatically when conditions are different.

Panic can attack anyone, especially in certain situations and to be honest, not everyone can easily control it,
Panic for me is normal, it's just a matter of how we deal with it or at least we can control it

When you are investing with little knowledge, you will likely easily get panicked if there are significant changes in the market, may it be a dump or a pump, the important thing here is not to get affected by your emotion, instead be objected, always use your mind as it's the one that will dictate you to do your strategy in investing.

Why there are some losers in the space, that's because they easily panic and most of them are newbies.

[domoy77]

Reinvest is a good decision, but make sure you only do it with the cold funds, because ifs not, it will just add more panic when the price keep going down.

That investment should always use free money or money that we don't spend elsewhere, because it can be a little relaxing for any trader to go through when market conditions change suddenly, but don't panic to sell it right away.

[carlisle1]

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

Controlling a trade is a very difficult thing, just like controlling emotions. for me it is something that is common in trading because not all traders have a lot of money and only use money for daily needs. so that when they buy coins and experience a decrease in price, they will surely panic and sell it immediately with the reason that they are afraid of losing their money because they use money for their daily needs

And it should not be treated that way, most of those who lose their money are those who have this kind of attitude.

Fear leads them and with not enough understanding they suffer a lot, before jumping to this business make sure to anticipate both

risk and potential profits, doing your DYOR saves you a lot, money is very important but knowledge and skills will allow you to take profits,
rise and fall is part of this market make use of it to favor your investment.

[DOH!]

In fact, panic from dumping is a state of psychological struggle that does not necessarily occur when newcomers are not aware enough to trust the level of development of bitcoin and crypto. Most of the factors are woven by the community with FUD in favor of their short positions or whales looking for more profitable levels. Sudden reversal patterns often point to a degree of adjustment from "panic".

[TWW]

In fact, panic from dumping is a state of psychological struggle that does not necessarily occur when newcomers are not aware enough to trust the level of development of bitcoin and crypto. Most of the factors are woven by the community with FUD in favor of their short positions or whales looking for more profitable levels. Sudden reversal patterns often point to a degree of adjustment from "panic".

I guess the psychology of someone new to the crypto market is still not strong. unless they are people who are accustomed to trading the stock market or other trading markets. of course, they are better prepared and not panicked to see the rapid movement of asset prices decline.
to master it, of course, every new person must have good knowledge and skills before entering the crypto market.
because most of those who panic are those who just enter the market without a knowledge of the crypto market first.

[ReiMomo]

I agree with you, this is the common thing that happened in the market whenever there is a hyped coin, there would always be a panic selling especially for those small investors and newbies, that's why that coin stopped pumping but we cannot blame those people because it is a natural thing and it will always happen because of so many people with different things needed and different thinking about their investment.

This often happens with day traders and to those who are new to trading. Yes, I have my own experience in it. I remember, when I invested around $2k and awaited for a return to close off my commitments, I had to closely watch to see if I can get some profits. So what happened is, there were sudden market manipulation. Sudden dip and sudden hike as well. I had to change my decision to either sell off at loss and buy other coin which is at its spike. I ended up losing 50% of money i invested. So never fall into panic sells when market is manipulated.

[lousie9]

However, we also need to consider panic selling when the whales have started tossing the coins because it will take a very long time to hold the coins, especially if the coins very rarely have major updates, then to pump back the coins rely only on the increase in the price of BTC even then it won't pump high, maybe that's what I experienced while I was trading in the market.