Beware of panic sell - Page 7 - For Beginners - CryptoTalk.Org Jump to content
hani20980

Beware of panic sell

Recommended Posts

Always buy any coin in lower price as well as possible . And always buy  high quality coin . And if their prices go down the work with patience and wait for price growing up . Because my friend pittance is key of success.  

  • +1 1

Share this post


Link to post
Share on other sites

Both of reason able point of view maybe cryptotalk is a specific platform so panic sell is reason to price level is fall of high to purchase and sell it's not comfortable I means sell panic price is low then buy it's mejor issue.

Share this post


Link to post
Share on other sites

I would say that one of the best advice we can get when investing in cryptocurrencies is to avoid panic selling.  I remember when I was just a beginner, I sold most of my crypto when the price returned dramatically in early March on COVID-19.  Although, I was able to think again and I am in profit now, then I had a terrible feeling of losing money.  Of course, I will never make the same mistake again. Thanks.

Share this post


Link to post
Share on other sites

I think this is normal situation for new traders, because loss of coins affects everyone particularly newones. But the patience is the key to success. Trading needs more patience.

Share this post


Link to post
Share on other sites

Trading is a very risky investment, when you buy the coin at higher price and after that the price of coin is goes down so u no need to be frightened because the price of coin is not fixed its changing day by day, so you sell your coin when it's price goes higher, and in these trading you need experience because when you have no experience then there is chance that you lose you coin. So be aware of that thing. 

Share this post


Link to post
Share on other sites

To achieve a guaranteed profit in the field of cryptocurrencies, you must continue to monitor the markets permanently, be patient and not rush to buy and sell, as cryptocurrencies and their prices are in constant fluctuation.

Share this post


Link to post
Share on other sites

Panic sell is not advisable because you are selling at a loss , that why it is always good to carry out research very well before buying a particular coin or investing in it. When you buy a good coin you are assured of profit as long as you can have patience and wait for it to pump

Share this post


Link to post
Share on other sites

A good advice that is not only for beginners but for everybody. We are all getting into this idea but only with experience you manage to stop yourself from selling at the bottom. Remember when selling that selling at the top is hard, but selling at the exact bottom is the easiest thing and you will be doing it very often until you learn.

Share this post


Link to post
Share on other sites

Hello friend.. Yes, that's a big problem. I lost a lot because of the quick selling during the explosion of a currency, so I decided to be more patient on the currencies I have and not sell them at a low price.

  • +1 1

Share this post


Link to post
Share on other sites

@hani20980 @davy22 @Qusay_qm @me76 @zhoutong

We always do the organizers always know and they always know this when you sell they  always sell when you buy they will always panic buy , this is really important that we are able to understand every single trade should be from an analytical point of view , that is very important because we are having a lot of hings that are not as much as hpw we thing its important we are able to understand all this

  • -3 1
  • +5 1

Share this post


Link to post
Share on other sites

The currency is bidding on what it owns and thus double the profit and we have to be patients when the price of the currencies that we have bought falls.

Share this post


Link to post
Share on other sites
On 11/12/2020 at 6:14 PM, hani20980 said:

I beleive that it's normal to feel panic when you buy a coin and it fall in price but if you bought a trusted

or a high quality coin why you have to sell it with lost ? always there is a recover in the price and then

you can sell and buy again in a lower price and the most important is always we need to do a full

research about any coin before we decide to buy it make sure that they have a good project and

actif team behind it after that you can buy it but always buy at the lowest price possible and then

if the price fall be patient and wait until it recover

Good day mate. Most at times it is the fear of loosing too much that makes us sell our coins once the price begins to fall. But nevertheless it is really good to be patient and wait till the coin begins to rise again. This wilk make us to become better traders and even gain more profit.

Share this post


Link to post
Share on other sites

In my opinion, avoiding panic sales is one of the best advice we can get when investing in cryptocurrencies.  I remember when I was just a beginner, I sold most of my crypto when the price returned dramatically in early March on COVID-19.  Although, I was able to think again and I am in profit now, then I had a terrible feeling of losing money.

Share this post


Link to post
Share on other sites

the patients in trading is the key to success and to be a successful trader so if you are not patience you will buy at the high rate and you will sale at the low rate and in that way you will take loss

Share this post


Link to post
Share on other sites

That's absolutely right, before venturing into any trade in cryptocurrencies make sure you study the coin very well and see its nature and behaviour. If the coin has quality and a very good reputation then don't be panic if you have it in store and the price is depreciating just wait a little longer it will certainly appreciate one day.

Share this post


Link to post
Share on other sites

If you want to get Balo success from here, work patiently here, then you can be successful. Success is the key to your life. You don't have to be afraid to work here, you have to work with courage in your mind, you don't have to go back if you are scared, you have to go ahead with courage.

Share this post


Link to post
Share on other sites

Hello my friend. We will not sell in fear. We have to be patient here to gain knowledge about the market and sell it. Patience is the root of everything. So we will work patiently here. Don't be afraid. Then I will sell knowing about the market. Thanks.

Share this post


Link to post
Share on other sites

@hani20980  dear friend when we buy any coin we buy it to gain some profit. Then before buy confirm that coin is legit or not. After buy a coin wait for increase the price of coin and sell when its price incemrease and you take some profit ftom that. 

Share this post


Link to post
Share on other sites

Your advice is too good. I think every trader should not be panic when the market goes down. They should hold their coins as much as they can. If market down rapidly they can buy a stable coin to reduce loss. I think they should buy tether coin at that time. By the way the market is green now. So no question to be panic.

Share this post


Link to post
Share on other sites

Yes my friend, I am agree with you. Most of the people see the price of coin decreases continuosly, they get panic and sell their coin at low prices that also push the price of coin down. This is good suggestion to learn a complete knowledge and get goof information about that coin and trading for better results in trading.


Man is prone to error.

If you see any errors in my post, please correct me.

I will be very grateful to you. 🥰❤️

Share this post


Link to post
Share on other sites

Beware of panic sell and not try to sell them when the price is more fallen and your money will be loss and take advantage from fallen price and purchase coins and sell them when the price will upward. 

  • +3 1

Share this post


Link to post
Share on other sites

This is a natural behavior in humans. This is inmate in humans that when you do risky thing then you definitely will feel panic. So being panic is normal.

But if you take so much panic and if it affects your work then there is a problem. We all should get out from our panic cell.

Share this post


Link to post
Share on other sites
On 11/12/2020 at 6:14 PM, hani20980 said:

I beleive that it's normal to feel panic when you buy a coin and it fall in price but if you bought a trusted

or a high quality coin why you have to sell it with lost ? always there is a recover in the price and then

you can sell and buy again in a lower price and the most important is always we need to do a full

research about any coin before we decide to buy it make sure that they have a good project and

actif team behind it after that you can buy it but always buy at the lowest price possible and then

if the price fall be patient and wait until it recover

  Yes, I completely agree with you, we must avoid panic selling, to preserve our balance from the big loss, because automatically when the selling phase ends, new investors enter to buy from the bottom, and thus the price rises again, so we can sell .

Share this post


Link to post
Share on other sites

Brother you are absolutely right.  First we should research about coins and than buy which have low price and if price suddenly goes down than do not decide in panic or frustrated because you will be sell them in panic due to which you got loss.  We should kept patient and hold them till price goes up. 

  • +1 1

Share this post


Link to post
Share on other sites

If we sell in the panic sale we are going to have many losses, so it is not good to sell in panic since you will have many losses you must always analyze the cryptocurrency first if it continues to fall or start to rise you must always analyze the cryptocurrencies and you will have good results with good results  analyze.

  • +2 1

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • А разве уже были такие обещания от команды? Можно ссылку на инфу? Но даже если и так, то может и не плохо наоборот это - далеко не все продержатся на такой дистанции. 😎
    • Я совершенно не против получать зарплату и в крипте тоже. Не придется ее покупать, чтобы инвестировать)
    • Лучше всего часть вывести - все-таки заслуженный заработок, а часть снова вложить, только разумно, а не на эйфории.
    • Спасибо за обмен. Обменяли довольно быстро и по отличному курсу.  
    • Ждем листинг токена Verida Storage $VDA.                                               Зачем нужен VDA?VDA служит основой для Verida Network - ведущей в отрасли сети, предоставляющей пользователям возможность безопасного хранения, обмена и контроля над их приватными данными.     Verida предоставляет пользователям:   Полный контроль над данными;   Непревзойденную безопасность; Возможность делиться данными на своих условиях;   Возможности монетизации.Где приобрести $VDA?Токен $VDA залистится на бирже Gate и на других топ биржах 16 мая в 15:00   IDO проходило на топовых падах (SidusPad, Decubate, AITECH Pad) и привлекло более $600,000.   $VDA - это не просто токен. Это мощная утилита в сети Verida Network, координирующая ресурсы для хранения, поиска и обработки данных.Подробнее о токене читайте здесь.Документация Verida здесь.   Следим за проектом: Website | Telegram | Twitter | Discord | Linkedin
    • VPS сервера от 6$Выделеные сервера от 54$Сервера с GPU от 300$с полным списком услуг можно ознакомится на нашем сайтеDEDIONE-Available Serversнаши контакты:TG: https://t.me/Alffi_Solomonsподписывайтесь на наш канал переодически добавляем сервера с большими скидками или совершенно бесплатно.ссылка на канал https://t.me/+u1QBackNiKZjYWVk
    • Tether преследуется властями США - об этом открыто заявил глава финтех-компании Ripple Брэд Гарлингхаус.Он считает, что действия против Tether могут спровоцировать разрушения по всей криптоэкосистеме.Если вы переживаете за сохранность своей криптовалюты, наш обменник Cryptonet.pro может помочь с выводом!
    • Сейчас наиболее благоприятная пора для тех, кто собирался докупать, какие-либо монеты. BTC возвращается на прежние позиции и альткойны, так же прекращают коррекцию.📈 USDT в данный момент немного снизил свою цену (92,5 рублей в моменте).   Ждем вас у нас в нашем обменнике 😊   Самый надежный и проверенный обменник для покупки/продажи криптовалюты ваш FOXbtc.pro   *не является финансовой рекомендацией  
    • Токенизация разблокирует интероперабельность платежей и инвестиций   Токенизация активов стирает грань между платежными и инвестиционными инструментами, открывая новые финансовые возможности. Этот процесс превращает физические активы в цифровые токены на основе блокчейна, расширяя спектр финансовых возможностей. Роб Дурски, старший директор по токенизации Stellar Development Foundation, прогнозирует появление гибридных продуктов, объединяющих платежи и инвестиции. Токенизация упрощает долевое владение, повышает ликвидность активов и делает их доступнее для мелких инвесторов. Брэдли Чейз из Ripple отмечает тенденцию к приему платежей в стейблкоинах и хранению токенов для получения прибыли. Токенизация уже широко распространена. Более 1 млрд долларов казначейских облигаций США токенизировано на различных блокчейнах. Ripple предсказывает, что рынок токенизированных активов может вырасти до 16 трлн долларов в ближайшие годы. Интеграция платежей и инвестиций расширяет возможности финансового планирования. Потребители могут использовать платежные активы для инвестирования, а инвесторы - инвестиционные активы для повседневных расходов. Это также снижает входной барьер для инвестирования, позволяя людям участвовать в инвестициях без необходимости приобретать крупные активы. Токенизация повышает прозрачность и безопасность финансовых операций. Связь платежей и инвестиций через токенизированные активы усиливает подотчетность, снижает риски и укрепляет доверие к финансовой системе. Развитие токенизации может привести к появлению новых инноваций, еще больше размывая границы между платежами и инвестициями. Эта интеграция создает динамичную и доступную финансовую среду, предоставляющую преимущества как розничным инвесторам, так и крупным корпорациям. Она имеет потенциал революционизировать финансовые рынки, делая их более инклюзивными и эффективными
    • CryptoNews of the Week     – Billionaire Mark Cuban stated that if Joe Biden loses the upcoming presidential election, the crypto community will have a chance to "thank" the SEC (Securities and Exchange Commission) and its head, Gary Gensler. According to Cuban, the conflict between the SEC and the digital industry could negatively impact the support for the current US President. The billionaire remarked, "Gensler has not protected a single investor from fraud." "All he has accomplished is making it nearly impossible for legitimate crypto companies to operate, destroying countless enterprises and bankrupting unknown numbers of entrepreneurs," he added. Cuban's tweet came in response to an article in Politico. The article mentions that Biden's competitor, Donald Trump, became the first presidential candidate to openly try to attract crypto users to his side. At an event promoting his own NFT collection, Mugshot Edition, he announced the acceptance of donations in digital assets. Additionally, his team, together with Bitcoin Magazine, developed a project to regulate the crypto sphere. Trump promised to protect the industry if elected, emphasizing that the current President "doesn't even know" what cryptocurrency is.   – The analytical platform Arkham Intelligence published a list of well-known personalities with more than 1 million followers on X (formerly Twitter) who have invested in cryptocurrency. The top 3 in the audience size ranking are Canadian singer Justin Bieber, Donald Trump, and Brazilian footballer Neymar. According to the provided data, the former US President and Republican Party candidate owns a crypto portfolio estimated at around $7 million. His wallet was last active in December 2023 when 250 ETH were sent to the Coinbase exchange.   – The current bitcoin lull may continue until early summer, but in Q3–Q4, a return to a growth trajectory is expected. Experts from the crypto exchange Bitfinex stated this. "We expect the market to remain uncertain in the short term, with low volatility until the actual winding down of the US Fed's QT [quantitative tightening programme]," the specialists believe. In their opinion, this will favour risky assets like cryptocurrencies. The fall of the US dollar from a six-month peak after the May Fed meeting and a weak employment report marked a turning point in the trend. The weakening USD could support the next phase of the digital assets rally.   – According to Capriole Investment founder Charles Edwards, bitcoin is in the "bored to death" stage. He stated that the current consolidation period could last from one to six months, during which quotes will remain in a low volatility range. This will happen until traders lose patience. Sentiments will be most negative just before the sideways movement ends, Edwards believes. "When you get tired of the sideways movement, general symptoms will include thoughts that the halving is already priced in and the bull market is over. [...] Your symptoms and shorts will peak just before the mega rally," predicts the Capriole Investment head.   – By 2030, the first cryptocurrency will reach and surpass $1 million. This forecast was made by Twitter (now X) co-founder and Block head Jack Dorsey. The entrepreneur noted that the most interesting aspect of digital gold is the nature of its ecosystem and how it stimulates collective efforts to improve the network. "Besides the founding story, the most amazing thing about bitcoin is that everyone [...] who makes even the smallest effort to make it better improves the entire ecosystem, causing the price to rise. It's an amazing movement. [...] It has taught me a lot," he explained.    – One of the crucial questions for investors is choosing between bitcoin and ethereum. The roles of these two cryptocurrencies differ, and this can significantly impact their profitability. Bitcoin is increasingly seen as digital gold, providing stability in times of economic uncertainty. This concept is supported by the post-halving volatility reduction, which is now even lower than many companies in the S&P 500 index (Fidelity data). Ethereum continues to push the boundaries of the possible through technological innovations, including the recent Dencun update aimed at reducing fees and increasing scalability. However, these changes have made the network inflationary again, nullifying the deflationary trend established after "The Merge" in 2022. Consequently, ETH volatility remains significantly higher than BTC despite the overall market calm. According to ChatGPT, an artificial intelligence by OpenAI, the choice between these assets largely depends on individual investment strategy and risk tolerance. Bitcoin is generally better suited for investors seeking a relatively safe store of value. It attracts risk-averse individuals or those new to cryptocurrencies. On the other hand, Ethereum is more suitable for those who believe in the future of blockchain technology. The main cryptocurrency offers gradual growth, while the main altcoin offers potentially higher rewards but also higher risk.    – Investor and Eight founder Michaël van de Poppe has already made his choice. He admitted to selling all his bitcoins to buy altcoins. According to him, capital inflow and outflow in ETFs mainly influence BTC price movement, which depends on the dollar exchange rate and the Fed's policy. Additionally, the problems crypto companies face with US regulators affect bitcoin quotes. Regarding altcoins, Van de Poppe believes many of them are undervalued. Once ETH quotes start rising, other alternative tokens will also go up. The specialist believes that the altcoins he selected will likely grow earlier and faster than the market flagship, allowing for greater profit than investing in digital gold.   – Former CEO of the largest crypto exchange Binance, Changpeng Zhao, is to serve four months in an American prison by court order. He wrote on social media X that during his upcoming "solitude," he would focus on writing, although he did not specify the nature of his creative work. The hint at writing a book sparked curiosity among Zhao's followers, as he is one of the key figures in the crypto community. There are speculations that Zhao's future book may cover his experience in the crypto business and share insights that would be interesting to both ordinary traders and industry executives. In April, Changpeng Zhao was sentenced to four months in prison. This punishment followed his resignation as CEO of Binance in November when Zhao pleaded guilty to money laundering charges. Binance agreed to pay a $4.3 billion fine. Despite regulatory issues, Zhao stated that his departure from Binance does not mean he has lost interest in cryptocurrencies, and he will continue to contribute to the industry's development. For instance, in March, the former CEO launched the free educational initiative Giggle Academy to teach finance and blockchain to underprivileged youth.    – The analyst known as Rekt Capital noted that the threat of a bitcoin price drop after the halving has already passed. Drawing an analogy with the situation six years ago, he suggested that on May 1st, the bitcoin price hit a bottom around $56,000. The asset will remain in the accumulation zone until autumn. During this time, the market will likely stay calm, and the BTC price will fluctuate between $60,000 and $66,500. After that, Rekt Capital forecasts an exponential growth phase, during which the coin's value will reach new heights.   – Galaxy Digital head Mike Novogratz also noted in an interview with Bloomberg that the cryptocurrency market is in a consolidation phase. The market's growth stalled three months after the launch of spot bitcoin ETFs in the US. In his opinion, the first cryptocurrency will trade between $55,000 and $75,000 until new circumstances or events in the market trigger growth. At the same time, Novogratz noted increased activity in sectors like crypto lending on the blockchain. "Six months ago, this was impossible, and now people are willing to lend us cryptocurrency for the long term without collateral," the businessman said. "The number of counterparties is growing, and overall involvement in the crypto space is at an entirely new level."   – Usually, fraudsters try to withdraw stolen coins through mixers within weeks or months and then transfer them to secret bank accounts or convert them into various currencies. However, there are unique cases. According to crypto security experts from the Cyvers platform, one of the criminals waited seven years before starting to sell stolen virtual assets. Only now has he sent 3,050 ETH to a cryptocurrency mixer. Cyvers specialists calculated that the hacker still has over 83,000 Ethereum, currently valued at $240 million. At the time of the theft, this cryptocurrency was worth only $33 million. Such long-term patience indicates that the hacker is an experienced market participant and accurately predicts price dynamics in the short, medium, and long term. Notice: These materials should not be deemed a recommendation for investment or guidance for working on financial markets: they are for informative purposes only. Trading on financial markets is risky and can lead to a loss of money deposited.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/
×
×
  • Create New...