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stonman

Panic buy and panic sell

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this time I made a thread about, Panic sells altcoin when the price goes down for fear the price keeps falling and panic when altcoin rises because want to profit from altcoin.

Because everyone is trading to get profit, but why sometimes even loss? because of errors or panic?

most people currently buy coins just to follow friends, crypto pump groups, and get info from other places to buy one of altcloin, and there are beginners who only know the famous coins that make them lose because they do not know which coins will go up. the price and where the coins will go down in price, then most of now the panic sells and panics.

and here I want to ask how you always profit from altcoin trading?

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being panic is a great barrier in crypto trading. mostly the newbies get panic when price goes up or down.

all should learn crypto world first and then start trading with patience.

your post was cool mate.

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Both panicking in buy or sell are not required because if you panic to buy in high price then the coin is going to dump. Also if you are selling in low price then the price gone to rice. So both actions is not required.

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Those who panics are the one who believes in FUDs and those who are FOMOs.

To avoid that mistakes, you need to have a clear set of goal when you trade. Establishing a certain percentage for profits that you are happy to take and loss that you can manage. But of course, you need to follow it religiously.

Without a plan, one get have a panic attack in every price swings.

Edited by BitTyro
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Many beginners should not immediately go to trade, I personally have not been in this topic for a long time and am still learning,since with minimal knowledge to go into trading is a 100% chance that a person is likely to lose their money. And on expense panic - this, too, dangerous factor, from-for which can be lose.

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All you have to do is learn to analyze correctly and draw your own strategy or follow a good buying and selling strategy
And do not do it randomly

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The one who does not know what works is panicking. In this market panic those who are not versed in trade and psychology of those who are in this market manipulative. Unfortunately, a few people are panicking and selling, and an even larger group of people is seeing them falling. This is called the crowd effect. Don't be a crowd. Think with your head

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 Analytical, research, individual as well as a lot of money. Indeed discover crucial no1 possibly in the connection with individuals or even your self, after that perform research regarding altcoin to become specific, marketplace problems and also, the relaxation associated with feeling manage as well as a lot of money within prefer. However good fortune isn't just good fortune simply because it's the consequence of understanding and never in a rush to create a choice.

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This kind of people are so loved by whales who take advantage of their "Emotional-caused losses".

That's why it's advised to either do own research, analysis or following paid signals 

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8 hours ago, stonman said:

this time I made a thread about, Panic sells altcoin when the price goes down for fear the price keeps falling and panic when altcoin rises because want to profit from altcoin.

Because everyone is trading to get profit, but why sometimes even loss? because of errors or panic?

most people currently buy coins just to follow friends, crypto pump groups, and get info from other places to buy one of altcloin, and there are beginners who only know the famous coins that make them lose because they do not know which coins will go up. the price and where the coins will go down in price, then most of now the panic sells and panics.

and here I want to ask how you always profit from altcoin trading?

That's just because of the panic, profitable traders remain in a good plus, some make good interest of 10-20% on the waves of shit coins, which in the whole cost nothing!

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Some time emotion plays a huge roll. Most of them listen to there heart and other rumor.

Always stick to decision and always have a good knowledge when to enter and when to go out.

So you will be profitable.

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On 10/29/2019 at 1:21 PM, stonman said:

this time I made a thread about, Panic sells altcoin when the price goes down for fear the price keeps falling and panic when altcoin rises because want to profit from altcoin.

Because everyone is trading to get profit, but why sometimes even loss? because of errors or panic?

most people currently buy coins just to follow friends, crypto pump groups, and get info from other places to buy one of altcloin, and there are beginners who only know the famous coins that make them lose because they do not know which coins will go up. the price and where the coins will go down in price, then most of now the panic sells and panics.

and here I want to ask how you always profit from altcoin trading?

I just follow bitcoin and make profit from it.All alt coins follow bitcoin so for new bies they are just here  for profit and theybare greedy no work plan no infirmation they have.They are just follow rummors of crypto they think crypto is gambling and becuase of that they will loss all their money and then start blaiming Bitcoin for that.So do trading or clins holding do it with knowledge.

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Trading mistakes are not like other kind of mistakes where you just repair it and that's it, here you can lose money. If you're doing things wrong while trading, can generate vices that last for long and they transform in panic, and panic makes you to lose money. You have to learn from these mistakes and stop being emotional. Cool yourself while trading, be patient. Patience is a virtue!

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Panic buy and panic sell often occur among traders due to lack of understanding of trading, therefore before starting trading it is better to learn more and be able to analyze the situation in the market

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On 10/29/2019 at 2:50 PM, igglybuff said:

If you hear other people's opinions about altscoins that are going to go up or you follow signal groups, you will be leaving all your money in the hands of other people, you should see your own charts and make your own analysis. 

You are so true that we have to make our own charts and do our own analysis as to follow some one analysis will also lead you to loss.


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Yeap, When i new on the trading i just follow the trollbox chat (Indodax) And always panic after price dump and then buy it when the price high or pumping and then panic again after dump then sell it, lol. But now i little bit understand to not panic and hold for sometime and place the order, The point just calm and see the market maybe it's just a little correction.

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Panic selling is driven by fear or overreaction to news that may only have short-term affects. Never do emotion based trading.

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Never trade feeling emotionally reactive, you should see the market analytically and professionally if you want to make money from it, if you are not losing your money because of emotions.

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Well panic buying and selling are the way many people lose their investment in cryptocurrency, the market is risky but taking risk is sometimes necessary and the reward of these risk are worth, just be patience and wait on the market it will change for the better.

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The cryptocurrency trading game is principally controlled by anxiety because more than enough traders make their decisions based on panic or fear, those who master these profit.

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As a newbie i learned how crypto can change our lives epecially in trading we must do ourselves not to panic instead of reading other ideas about trading, forum to learn on how it trade and understand so that it  will work. 

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22 hours ago, SahidCrypto said:

True. Experience is really important. Negative emotions like panic and fear are normal in human beings. That's why they are humans. But experience and knowledge can help to fight those negative emotions.

I quite agree with you, as humans it is rare for our emotions, be they positive or negative emotions like joy and fear not wanting to get in the way of our logical decisions, but when we bring our knowledge and experience to play, we would be able to discipline ourselves and trade without sentiments.

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Panic buy and sell was really a big problem for a trader who join pump and dump scene. However if you still panic buy and sell you will always losing your capital cause always enter the market with fomo

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55 minutes ago, boigarca said:

You аre right high-priсеd mate listen the idea of all оf the pеоplе hоwevеr dо nоt cоmply their cоncept do to start with sеlf investigation аnd nоtice сhаrt оf thе сoin and аftеr that make соntributiоns соins оn this wаy yоu mаy win coins and nоt squandеr yоur cash.

thats correct and that's also why I always go against the predicted move of any coin because if you follow other people's trade you'll either panic buy or panic sell without doing any research.

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24 minutes ago, RyujinONE said:

Panic buy and sell was really a big problem for a trader who join pump and dump scene. However if you still panic buy and sell you will always losing your capital cause always enter the market with fomo

FOMOing into any coin whether its pumping or dumping is always a bad decision because if its pumping the min you buy it will start dumping. And if its dumping and you start buy it might keep dumping more.

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