Panic buy and panic sell

[gbfisher 1815]

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?

Yeah, thats the one of main reason of losing money in cryptography. In crypto trading, control on emotion is necessary for earning profit. Mostly new beginners become panic when they saw the price goes down and they sell or face loss. Because they thing if they dont sell right now then they face major loss. Simple they have no patience. They panic and sell it. So panic buyer or seller both face loss. So before strat trading, develop patience in your personality, or get enough knowledge about markets working and coins projects. 

[Moontong 5312]

Panicking would be your worst enemy for investing and trading, if you panic because of seeing that the asset keeps on falling, you may think to pull it out because of being afraid that all of it will be wasted but if you dont, you will still be on your mind to think that holding it for a long term would be the best choice. 

[Abbas2.0 812]

2 minutes ago, hanyah said:

Most people who lose their money in trading are those who pick the wrong coins and don't have patience.

They don't perform enough research about the coins and their backgrounds and also don't know when to buy them.

Many exchanges are giving opportunity to put Stop Loss and Take profits which are most essential features to prevent yourself from any inconvenience loss

[Ramz99737 1196]

I think there is no time to panic, We can't do something either. It is just that we have to look ahead to the proper time the price of cryptocurrency in particular bitcoin to raise. But you could now buy cash as much as you need and hold it. 

Edited December 2, 2020 by Ramz99737

[cryptolover45 1187]

Hey mate, thanks for your post, we know panic sell or buy is very bad for trading, so we must not do panic sell or panic buy otherwise we can get profit in trading. If we are patient at trading than we can get good proft at cryptocurrency.

[ibrahim halil anaç 138]

Panik olmak, kripto para piyasasının en büyük sorunlarından biridir. İnsanlar ellerindeki madeni paraların hemen düşmeye ve satmaya başladığını ve kar yerine para kaybettiğini düşünüyor.

[Yomose 3704]

Recently I had a panic sell of ripple, later the price increased, the coin was too volatile and significantly affect my fund, but not long in minutes that I sold it for tether the price increase and I could have gained $50 or more. It is just good to be patient while dealing with cryptocurrencies. 

[Mohammad2005 336]

Hi guys I don't know anything about this so I should try to explain more about this which should not be there in pants. Thank you.

[Brushless4500KV 4214]

6 hours ago, Yomose said:

Recently I had a panic sell of ripple, later the price increased, the coin was too volatile and significantly affect my fund, but not long in minutes that I sold it for tether the price increase and I could have gained $50 or more. It is just good to be patient while dealing with cryptocurrencies. 

Since the current trend is all bullish, panic should be avoided easily. Bullish run doesn't mean all the movements are upwards. Some quick and short falls during a long bull run are natural and this temporary falls may create panic but when you sell at those points, they are immediately followed by a rise and you will regret soon. I think until bitcoin hits or exceeds its historic ath, this run will continue without stopping and this will affect altcoins without a doubt.

[Rozy 1918]

Trading and exchanging is a professional job that should be based on rational and wise decisions not emotional one. No one wants to loose and it is natural that whenever people feel they are losing they want to stop the bleeding immediately in order not to be broke, but one should take a deep breath and count to ten before making any procedure. 

[Cryptotakl1 0]

Both panicking in buy or sell are not required because if you panic to buy in high price then this is called the crowd wffect , that's why it's advance to either do own research analysis or following paid signal

[tienda 8776]

To avoid panic selling and buying you should learn a lot about how to be a successful trader. The unique option we can do is our effort in learning about market price chart analyze. Because if you are able to understand how you analyze the chart you will be able to have the confident on yourself, then the panic will disappear.

[Raqeebzy 6456]

Absolutely, that's human nature. Fear can't be totally surprised especially with something valuable at stake. 

FOMO is almost normal in cryptocurrency. We all have faced it in one time of the other. I think the perfect solution is trying to make sure market decisions are not totally overwhelmed by it; surprising it as much as possible. 

[Flash009 345]

Both buying and selling do not require panicing because if you panic to buy at a higher price, the currency is going to be dumped. Also if you are selling at a lower price then the price has gone up. So both steps are not required. 

[muradalam837 4]

panic buying and selling must be avoided as much as you can to avoid losing. it is not good traits of a trader,drops in price is normal,and every drops there will be increase so why we have to panic if we can be patient.

[bisarkadan 0]

Try to stay relaxed and relaxed. If indeed market conditions are not in accordance with the transaction, Cut Loss is very necessary to avoid losses. Don't forget to apply Money Management wisely, don't often compromise with Overtrading, and of course, keep learning. Many experts advise to stay away from the market so that trading emotions are not affected by uncertain price volatility.

[polobkhan 532]

I think i get some profit from trading cryptocurrency because i am very calm and patient to wait the best price to enter. Many people is taking risk when the price going up they buy and when the price going down they sell. That is like bad idea to trading.

[migeljah 537]

Panic buying and selling apply to weak people. They are easily provoked by sudden movements in the market. Always follow the trend and you will be alright.

[Smallingcane012 344]

Panic buy and panic sell because the business should expand across the whole world and to spread a lot of things.

[bisarkadan 0]

Try to stay relaxed and relaxed. If indeed market conditions are not in accordance with the transaction, Cut Loss is very necessary to avoid losses. Don't forget to apply Money Management wisely, don't often compromise with Overtrading, and of course, keep learning. Many experts advise to stay away from the market so that trading emotions are not affected by uncertain price volatility.

[muradalam837 4]

panic buying and selling must be avoided as much as you can to avoid losing. it is not good traits of a trader,drops in price is normal,and every drops there will be increase so why we have to panic if we can be patient.

[polobkhan 532]

I think i get some profit from trading cryptocurrency because i am very calm and patient to wait the best price to enter. Many people is taking risk when the price going up they buy and when the price going down they sell. That is like bad idea to trading.

[migeljah 537]

Panic buying and selling apply to weak people. They are easily provoked by sudden movements in the market. Always follow the trend and you will be alright.

[rahul12345 0]

Panic buy and sell was really a big problem for a trade who join pump and we must do ourselves not to panic instead of reading other ides about trading ,forum to learn on how it trade and understand so that it will work .

[Cryptotakl1 0]

Those who panice are the one who believe in FUDs and thise who are FOMOs .and on expense panic this too dangerous factor ,from for which can be lose .