panic sell in trading

[Mehmet69]

Trading cryptocurrencies is not that easy, especially for beginners, as the market can be very volatile and stressful. The important thing here is to gain the right knowledge and adopt the right strategy. Before you start trading, you should have a complete understanding of the market trends, the movements of different currencies, and a trading plan. This should be used as a guide to reduce the risk of making the wrong decision.

It is also common for investors to make the wrong decisions due to impatience and fear of the market, such as panic selling when the market is volatile and unstable. This can make you lose money soon, but you will regret this decision when the market improves. Therefore, the most important thing when trading is to keep a cool head and work according to a pre-determined plan. Always work hard, control your emotions, analyze the market, and make the right decisions. The right strategy and patience will help you trade successfully in the long run. And most importantly, if you are a beginner, you should always seek the services of a qualified trainer.

[michellee]

Life is full of risk so that is why we must be wise in any situation and conditions. If we think that we can not decide that time, we don't have to force ourselves to decide but delay for a few hours. That will not be a problem because we can not always follow the market every time we want. Besides that, the crypto market run faster without we can notice and there is no one know where the moves in the next one hour. If they want learn for more about trading and understand it, they will know what they must do in this situation so they will not attract to panic sell their coins. They can have a strong hand to hold their coins especially Bitcoin and other coins that have potential to increase.

[Jegileman]

Taking risk is the life of a crypto trader but what is what understandable as a beginner in trading is that you should trade only what you can afford to lose. When you’re scared and you can’t afford to lose most of your money, you can’t make it in trading. Risk management is part of it but you have to take the bold step of risking some amount of money. Trading is risky and for those with strong mindset to be able to beat the emotions of the market when it comes knocking. The market is very volatile and you should be aware of many things that come with the market conditions in order to be in a position of a safe spot for a minimized loss when it doesn’t go as analysed.

[el kaka22]

This is of course a big problem for newbies, even some veterans as well. When things don't go your way, there is no way that you could end up with any good results, it's just not possible to get out quickly out of fear and think that you did good. You need to figure out a way to not have panic sell, if you really should be selling that is another topic, of course sell if you need to.

If you did your research, did your analysis and you should be getting out then that is of course a great deal. The real problem is that if you do end up with bad issues, it is not going to be a good result for you, you will end up with bunch of problems and that is the most important part, do not do it out of fear or panic, do it with knowledge.

[alastantiger]

Taking risk is the life of a crypto trader but what is what understandable as a beginner in trading is that you should trade only what you can afford to lose. When you’re scared and you can’t afford to lose most of your money, you can’t make it in trading. Risk management is part of it but you have to take the bold step of risking some amount of money. Trading is risky and for those with strong mindset to be able to beat the emotions of the market when it comes knocking. The market is very volatile and you should be aware of many things that come with the market conditions in order to be in a position of a safe spot for a minimized loss when it doesn’t go as analysed.

You can't be trading and not risk money, risking happens as you open your trading oder because you'll either lose or make profits from any trade that you start. Panicking while trading is going to make you to be losing hence we don't have to be scared about what'll happen after we start trading. When we're afraid of the market, we can't take decisions that'll make us victorious.

The market is very volatile but that's not a problem but an opportunity for traders that they can take advantage of the situation. Trading with emotions will only make you to miss profits, a trader isn't supposed to putting emotions into their trades. It's only newbies that are yet to understand how to control their emotions that gets it mixup with their trades.

[Mahanton]

Cryptocurrency is been known for one of the largest future financial assets, many new beginner in the crypto space are buying at the price of pump and selling at the rate of dip which i do call panic fears and the disvantage of this which i will said many lead to loss and regret and aslo many lead to regret later in the future if it not been stoped 40% to 50% of newbies just feel that crypto is where you come in and dump money and walk alway given it some time to pump back and take profit that i will sand to correct it a wrong decision to make as a newbie.

What people fails to understand is that life itself is full of risk people don't want to risk the hard way and the lifestyle of a crypto preacher is full of making hard decisions in other to become wealthy taking risks is major life  in the crypto space.

In order for you to have that progressive life then its really just that needing up to take up the risks because if you are just that contented on what you do have now then you wont really be that making up another step to make things even more better or something that do talks about upgrade or much better condition. We are talking specifically with risks in trading on which of course you will be needing up to consider it out because at the time that you do step your foot into this volatile space then you should really be that prepared into those wavy ride or roller coaster when it comes to price. Panic selling on which we are all sure had experienced this one since we are once a newbie on which it is really that something inevitable into this aspect. When you are dealing up with volatile space then having no much idea or experience then whenever the price drops then since we dont like on losing money then we do become that emotional and this will be resulting into the actions that you havent that planned or totally opposite on which it causes up that even more loses. Regrets do always come at the end but the damage has already been done. On the time that you do gain up experience then this is where you do make out adjustments accordingly.

[tvplus006]

...What people fails to understand is that life itself is full of risk people don't want to risk the hard way and the lifestyle of a crypto preacher is full of making hard decisions in other to become wealthy taking risks is major life  in the crypto space.

Cryptocurrency is not a place where you should take risks in order to make more profit. For this, there is a risk management that must be followed. And if you overestimate your risks, sooner or later you will lose your deposit.

[Questat]

Very common for newbies.

They chase FOMO and sell during FUD…

That’s just the reality as not everyone can be good at trading or consistently profitable. one trader’s profit comes from another’s loss, and it’s just how the game works. And in most cases it’s the newbies, who are less experienced and less educated about the crypto market, that end up losing money.

If you jump into trading without the basic knowledge on the market and on the coins you are going to trade, definitely you’ll end up chasing FOMO and selling during FUD, which are considered wrong decisions if you are a trader.

Don’t enter trading just because others are already in trading, or just because you are being influenced by other successful traders, but trade only when you have known even those basic knowledge and gradually develop your trading skills and strategies while you are in the learning process.

[Dzwaafu11]

What people fails to understand is that life itself is full of risk people don't want to risk the hard way and the lifestyle of a crypto preacher is full of making hard decisions in other to become wealthy taking risks is major life  in the crypto space.

It is not all about taking risks. There are some risks that we should understand that are too high, which we already know will not favour us as crypto investors or traders. Regardless of what you do in crypto, the first thing you should do after studying the market is to ask, What is the risk that is attached to it? If it’s too high that you are highly going to lose your money, then you should know that you are not supposed to enter the market at that time because you already are, and this is making many people lose their money.

[Swapter.io]

From my relatively limited experience, I want to say that I've come across beginners who are either looking for quick profits in crypto or treat it like a casino, where you're either up or down. They aren't interested in the market, strategies, analysis, and so on. On one hand, it's a shame that there are people who take such a "childish" approach to crypto, but on the other hand, it's good that these people are not attracted to trading and find their place elsewhere.But again, everything is relative. People come to crypto with different mindsets and leave with different ones. So, it's all very individual for everyone.

[tottong]

From my relatively limited experience, I want to say that I've come across beginners who are either looking for quick profits in crypto or treat it like a casino, where you're either up or down. They aren't interested in the market, strategies, analysis, and so on. On one hand, it's a shame that there are people who take such a "childish" approach to crypto, but on the other hand, it's good that these people are not attracted to trading and find their place elsewhere.But again, everything is relative. People come to crypto with different mindsets and leave with different ones. So, it's all very individual for everyone.

It comes back to each individual regarding their involvement in crypto because sometimes they start in the wrong way which can cause unnecessary losses, although in trading losses are something that we will experience in the learning process.
Learn the market, strategies and analysis so that we have the ability to minimize risk and in that way we can train our skills slowly so that involvement in trading does not always result in losses.

Most beginners do not want to learn first so they do not have a view on how to minimize risk and if they are involved in trading using this method then it is certain that they will experience unnecessary losses at any time, not to mention if faced with panic in selling assets to cover losses in a period of decline and that is much more dangerous.

[Lamkuthang]

OP is not only a beginner who is confused, even experienced ones sometimes get stuck in the same position if they are impatient. Loss and profit are in our own hands because every decision to sell at a low price or at a high price is more or less without the intervention of a third party. all are consciously done even though the mental condition is in an emotional state, seeing the madness of the market that we buy more and more is corrected. When our money is minus and we have sold all our assets, eh the market goes up again. just like a Korean drama .

[Pandu Geddon]

Cryptocurrency is been known for one of the largest future financial assets, many new beginner in the crypto space are buying at the price of pump and selling at the rate of dip which i do call panic fears and the disvantage of this which i will said many lead to loss and regret and aslo many lead to regret later in the future if it not been stoped 40% to 50% of newbies just feel that crypto is where you come in and dump money and walk alway given it some time to pump back and take profit that i will sand to correct it a wrong decision to make as a newbie.

What people fails to understand is that life itself is full of risk people don't want to risk the hard way and the lifestyle of a crypto preacher is full of making hard decisions in other to become wealthy taking risks is major life  in the crypto space.

What I see in such panic cases is not because of the risk taking, but because of someone's unpreparedness to start investing. It should be noted that investing requires planning that is not simple, people who follow market trends do not have a good plan. Their psychology is only focused on following the trend to participate in getting profit. They will not prepare everything well. Beginners often do this, but after a few trials and knowing how to fix it, they will do better. Actually they are in a process that is actually not right because they learn after they experience it, not learning to prepare before starting.

[FortuneFollower]

OP is not only a beginner who is confused, even experienced ones sometimes get stuck in the same position if they are impatient. Loss and profit are in our own hands because every decision to sell at a low price or at a high price is more or less without the intervention of a third party. all are consciously done even though the mental condition is in an emotional state, seeing the madness of the market that we buy more and more is corrected. When our money is minus and we have sold all our assets, eh the market goes up again. just like a Korean drama .

That's why we stick to the plan and work towards achieving its goals accordingly.
If you are in big caps like ETH or SOL - just hodl for a bit. It will be worth it.

[Strongkored]

Cryptocurrency is been known for one of the largest future financial assets, many new beginner in the crypto space are buying at the price of pump and selling at the rate of dip which i do call panic fears

Sometimes buying high and selling low is not entirely due to panic selling but a step to save capital because you see market conditions that could fall further, so sometimes you need to do a stop loss because in crypto you can turn into a long-term holder because you think the price will rise in the future, lucky if that happens but not infrequently the opposite.

What people fails to understand is that life itself is full of risk people don't want to risk the hard way and the lifestyle of a crypto preacher is full of making hard decisions in other to become wealthy taking risks is major life  in the crypto space.

Risk will indeed be a part of trading in crypto, but you have to be wise in dealing with it, not blindly continuing to keep the coins even though you see how the coins are falling, which is quite worrying.

[justdimin]

Most people enter trading like that only. A few like me who have a background of trading in stocks, observe more before they enter the market with money.

This also leads to the common opinion that trading is not profitable and that bitcoin itself is a scam/pump and dump scheme.

Sadly, most people are not educated in the proper manner to see through these narratives and that the only method to prevent it is to hold your horses and observe the market for a while and then start with dummy trading at first.

I had a friend like that once, I mean he wasn't in stock trading as a professional job, but he did that before he did crypto, and when he started he did better than any newbie I have seen, hell better than most veterans too. Which goes to show you that, if you have trading experience before you join crypto, you could do a lot better than you think.

This isn't always that easy, and takes time to get there, but eventually everyone gets there. Even if you are a newbie who never traded anything in their life, if you end up with some trading, you are going to end up with better results without a doubt. Most people forget that, and they just look for quick richness, just take your time and learn the craft before you aim big.

[qurbanshah02]

OP is not only a beginner who is confused, even experienced ones sometimes get stuck in the same position if they are impatient. Loss and profit are in our own hands because every decision to sell at a low price or at a high price is more or less without the intervention of a third party. all are consciously done even though the mental condition is in an emotional state, seeing the madness of the market that we buy more and more is corrected. When our money is minus and we have sold all our assets, eh the market goes up again. just like a Korean drama .

Just talking to him brings out a lot of advice and new things which confuses him a lot.  This position is like this because here you have to talk better and better because if anyone wants to talk, they have to talk to the OP first.  There is no doubt because we work with our own thinking and understanding, because of which we will buy at low price and save at high price, which will give us a lot of profit.  We have to watch the market with patience and thought, because coming into it, we look small even when we grow up, because the losses are many times in it.  It is because we make a mistake that causes these conditions to appear.  If we work by looking at everything, we will only earn profit.

[qurbanshah02]

OP is not only a beginner who is confused, even experienced ones sometimes get stuck in the same position if they are impatient. Loss and profit are in our own hands because every decision to sell at a low price or at a high price is more or less without the intervention of a third party. all are consciously done even though the mental condition is in an emotional state, seeing the madness of the market that we buy more and more is corrected. When our money is minus and we have sold all our assets, eh the market goes up again. just like a Korean drama .

Just talking to him brings out a lot of advice and new things which confuses him a lot.  This position is like this because here you have to talk better and better because if anyone wants to talk, they have to talk to the OP first.  There is no doubt because we work with our own thinking and understanding, because of which we will buy at low price and save at high price, which will give us a lot of profit.  We have to watch the market with patience and thought, because coming into it, we look small even when we grow up, because the losses are many times in it.  It is because we make a mistake that causes these conditions to appear.  If we work by looking at everything, we will only earn profit.

[Cookdata]

Cryptocurrency is been known for one of the largest future financial assets, many new beginner in the crypto space are buying at the price of pump and selling at the rate of dip which i do call panic fears and the disvantage of this which i will said many lead to loss and regret and aslo many lead to regret later in the future if it not been stoped 40% to 50% of newbies just feel that crypto is where you come in and dump money and walk alway given it some time to pump back and take profit that i will sand to correct it a wrong decision to make as a newbie.

What people fails to understand is that life itself is full of risk people don't want to risk the hard way and the lifestyle of a crypto preacher is full of making hard decisions in other to become wealthy taking risks is major life  in the crypto space.

Somebody said if you are not in a situation before, you will have alot of people that will advice you. OP, as for me anything trading that is not Bitcoin, my mind hardly tells me it will pump back to my entry level. There are some coins in the market that if you don't rush to sell them, you will be holding them for the rest of your life, some are better way been panic sell and move on the next one, there some coins that are doing well but you wouldn't see next 2-3 years.

If you trade Bitcoin all the time and has been here since the beginning of the year would know better that buying Bitcoin with a money and sell because you panic will lose money every week. Bitcoin has crash multiple times but this time is different, there is some wave waiting to pick the coin at the support all the time, even between today I have seen Bitcoin to from 94-98k, so why panic sell for market distribution, it's normal but I can't say the same with altcoins.

[iBaba]

Life is full of risk so that is why we must be wise in any situation and conditions. If we think that we can not decide that time, we don't have to force ourselves to decide but delay for a few hours. That will not be a problem because we can not always follow the market every time we want. Besides that, the crypto market run faster without we can notice and there is no one know where the moves in the next one hour. If they want learn for more about trading and understand it, they will know what they must do in this situation so they will not attract to panic sell their coins. They can have a strong hand to hold their coins especially Bitcoin and other coins that have potential to increase.

One thing I will always advise every crypto trader to put in mind is patience. As traders, it is best to always work on your ability to withstand the pressure that the crypto market comes with most times instead of panicking too much. Again, the crypto trading world works strongly with individual's emotions and your ability to take risks towards your path to success, however, it should also come with understanding and purpose. You don't just take risk on a trade that you do not know it's end result. This is why it is best to enter into a trade when you must studied the market viability of the coin and its potentials to survival over the market trend.