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Beware of panic sell

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Dut to some scams that really are wondering  in the  market make them choose to exit the whole crypto currency market and there whole experience. But whatever you do never panic as it can make you lose big time so always keep calm. 

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Friend i am new here and i didn't know about this. Thanks for your topic. This is very helpful for me. I collect lots of knowledge from your topic. I read comment on your topic and know lots of about this thing. This will also helpful for others new coming members like me. Thanks 🙂

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Trading cryptocurrencies is a subject that needs good study, experience and monitoring of currency rates before starting .

When you buy an unknown digital currency, you will feel anxious that its price has fallen, and you will feel frustrated that you will lose, but this is not a standard.

It can decrease or rise in a short period, but as I said, you have to study and watch carefully before investing, as you will know what its minimum value is, then buy it and when it rises, you will be profitable.

 

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Yeah, he's a real friend. A lot of members panic when they sell their cryptocurrencies. This is really bad for all of us. Because if you panic selling you will never feel comfortable. Your trading and buying activities will decrease. So you have to be aware of panic when you sell your cryptocurrency.

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On 4/11/2021 at 10:16 PM, Danyel said:

@Dorjoy12, Panic selling of crypto is not good for us because sometimes we lose the money along the way and we cannot guarantee if movement of crypto will be up or dump. It is more way good to wait until price is really profitable. @Alina42

@Danyel it is look like you did not understand my previous  quote for you because there i have mention that if you want  to know something from me then just tag me not other but what are you doing now ?

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panic sell is one of the reasons we loss our trade , because of the lack of our information about the currency , 
like few days ago bitcoin went down and become 57.000 some people were afraid and sell their btc , now BTC is 63.000 so how was panic and sell his btc he lost 6.000 and that's is big lost if we count how many people sell theirs btc

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Due to fluctuation in market price of coins,  a high patience is required with wise decisions. So never hurry in buying and selling coins. Make strategic plans for a better outcome. Having control on emotions is required for a successful investment.


"An Investment In Knowledge Always Pays The Best Interest"🌼

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Buying coins at low prices before going to go down constantly is wise action, If that happens, we should not be panic and be patience for some periods of time for the coin to recover and go high again, Or rebuy again. We can buy it at a suitable price and keep it until its price increases.

 

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Cryptocurrency prices are unstable, as they are falling and rising, there is no need to fear and rush to sell if prices fall and always invest in famous currencies such as Bitcoin and Ethereum, which are the largest currencies in the market.

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Panic selling of cryptocurrencies is not good for us because sometimes we lose money along the way and we cannot guarantee whether the movement of the cryptocurrency will increase or lose. Better to wait until the price is really profitable.

Edited by دودو

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My friend..
Panic selling of cryptocurrencies is not good for us because sometimes we lose money along the way and we cannot guarantee whether the movement of the cryptocurrency will increase or lose.
We must be patient when the price of the coins that we have purchased goes down.
Especially when waiting when the coins we bought are running low, so rushing to make decisions is the reason for losing money.

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You are right there are reliable cryptocurrencies that if they fall they will recover again and rise again
So we have to know when to buy and when to sell

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Hurrying is the enemy of cryptocurrencies because there is a state of constant change and promise of stability. Therefore, we have to be patient and wait until the prices drop and sell them when the price becomes more, so you all have patience.

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Well say my friend

This is really good. You have to be patient while buying and selling currencies

Do not be afraid of market fluctuations for currencies, it is a routine

All you have to be patient

And climb the stairs step by step

All the best to everyone here

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This is the right thing to do when buying reliable coins and their price has some stability.
Therefore, being patient when its price falls is important and not being afraid of that and selling with a little loss because its price will rise again and work with it differs from the new currencies, which must be wary and fear of their detrimental decline because many of them do not return and rise at all.

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Exactly. Working in the crypto world needs a person who is calm and do not fall under the pressure. Any panic move can be catastrophic and we could lose everything we have earned. 

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Yes, my dear friend, I totally agree with you, haste to make decisions always leads to loss, especially in the field of encrypted currencies when the value of one of the currencies that we purchased decreases, we feel panic and rush to sell for fear of increasing the loss, and this is a completely wrong decision

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This is true, my friend, you should stay away from panic selling of cryptocurrencies because this leads to and causes you a lot of loss and causes you failure. Be positive. 

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Great assessment and I think I have taken in something from these post about alarm selling, so for these situation is acceptable to purchase coins at less expensive rate and sit tight for quite a while prior to selling it now I comprehend the idea unmistakably.

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Of course, my friend, every currency goes through a storm and a difficult period its price is dropping, but time is the key to everything. You just have to be patient .. Known currencies are more guaranteed than the unknown, even a little .. Do not take sides with anything you see. Stay known and know you will not lose

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Yes there are many people make mistakes caused by haste and panic, all who trade cryptocurrencies have to be patient, mistakes are very incoming but the biggest mistake is not to learn from these mistakes, you must first make research about currencies and reveal the future of the currency before buying or selling it, and we must realize that cryptocurrencies are the future of the world.

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This issue is very important, especially for new investors, I suffered from fear of falling currency rates a lot and I withdrew from my trades at a loss and this is wrong in investing, you must be patient with your currency until you achieve its goals and it is natural for a decline in currencies every period and there is no reason to fear.

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Your situation happened to me once and I missed a great opportunity to profit, but I am very satisfied with that, and in fact I made my mistake a lesson that I told other members of the board, now when I buy a piece and its price drops,  I do not panic, but I am trying to develop an additional plan in order to reduce the loss in addition to keeping my currency and not selling it, because the cryptocurrency market is very volatile.

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 hi dear greetings yes you are right my friend if you buy some weak currency and that currency and up falling down then you have panic attack I in that situation you should be patient and don't lose hope because someday those Karan serial rise up and you will make profit out of it I hope you understand what I'm trying to say and good luck

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It is natural for a person to panic about the depreciating value of the cryptocurrency Bitcoin.
But confidence in this currency makes it safer than other conventional currency.
Here in this forum we recommend to each other some patience.
We must overcome it with hard and diligent work and wait for the right moment in order to avoid the loss. And not to rush to judge her.

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