Beware of panic sell

[mohamedpc1 2213]

I bought a few years ago coins that everyone expected had a wonderful future, but with time I had patience with them until will they recovered, but they continued to decline, losing more than 2000 dollars, so I do not advise anyone for long storage because that depends on solemn encouragement only Be careful, especially beginners.

[Oxygen99 1930]

Cryptoworld is filled up with many Cryptocurrencies but to earn good profit we have to choose wisely because there are some coins that can make you lose and no one will be there to compensate you if you lose for that reason we have to control our feelings whenever we invest because panic can make you lose huge capital and that is why we need to invest on top coins so that we can hold for long even if they fall in value because sooner or later they will surely rise again.

[Binfahd 291]

3 minutes ago, Oxygen99 said:

Cryptoworld is filled up with many Cryptocurrencies but to earn good profit we have to choose wisely because there are some coins that can make you lose and no one will be there to compensate you if you lose for that reason we have to control our feelings whenever we invest because panic can make you lose huge capital and that is why we need to invest on top coins so that we can hold for long even if they fall in value because sooner or later they will surely rise again.

I agree with you mate, there alot of crypto coin it just depends on the right choice we make or the right coin we choose to invest in because no one will be responsible for our loss,

Panicking to sell can also make us loose alot and regret , we may see a small pump in a coin we panic and sell and also we may see a coin fall we panic and sell, we need to be calm and set a goal on how we sell our coin

[Noghran 0]

Of course, making a profit requires great patience!
You cannot be in a hurry.
The market is highly volatile and the probability of losing reliable currencies is weak because it may rise at a time, effectively covering the losses of investors with it.

[Mansoor sumaan 29 0]

Most of the members buy the low price Kindle due to the lack of the knowledge . I think they should do property search before buying or selling offer coin or a currency. Do a proper research or you can see the ups and down of the currency on the yobit. Do a proper research and be patient before investing to any coin. Because the loss in your investment will cause the demotivation for you. 

[decemberends 1881]

When this situation always happens we all know the fact its quite risky at some point however the return of the profit is very high on this case because the fact that it wouldn't last long to reset its value to a bigger thing but the fact the value wont go back is a problamatic thing too.

[Oxygen99 1930]

1 hour ago, Binfahd said:

we need to be calm and set a goal on how we sell our coin

Patience is the key to success in this cryptoworld community and you have to overlook something's if not you will find it difficult to control your emotions and emotion always drag many people to great lose, be calm my friends because cryptoworld is filled with lot of opportunities to earn good profit.

[Man138 404]

Panic is just another word for fear, panic has caused more harm in our world than good. If one can be patient enough then we all can enjoy the fruit of our labor in no time.

If you panic and sell out your coin then when it rise again in value probably more than what if is valued on before then you will lose much than what you even anticipated.

One of the share holder in bictoin who used thousands of bitcoin back then to buy pizza must be regretting it by now, look at how bitcoin has made lots of name every where. One big advice is to stay away from panic and keep calm no matter what you're facing.

[Serbberq 724]

There is need to be patient and have plan in buying and selling in cryptoworld, there is panic when buying and selling because the price can change at anytime, just have confident in your transactions. 

[komtak 584]

i suppose we have to be persistence enough when the charge of currency goes down,  we must learn to keep on until a little time till the charge upward push once more. panic sale is risky and it is not precise for business.

[Amrutha 4]

I agree with that's it's part of our work there will be up and down so you have to wait  with patience and am sure the price will rise

[iloveyobit 6599]

even strong altcoins like ltc ,eth , bch can drop massively in one moment so the problem is not in the coin but how you deal with you capital , buying a coin or entering a trad with a big part of your capital will effect you negatively so its better to buy with a small part only . 

[aisynawa310584 1086]

On 11/13/2020 at 12:14 AM, 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 you are right, this is my own experience, I bought bitcoin for $ 14665.86 after that I saved it, and the price fell, it took a long time to recover and now the price has gone up high, if of course I didn't sell it for a cheap price of course my waiting was not in vain in vain, that's my folly

[Cleaner 2549]

34 minutes ago, iloveyobit said:

even strong altcoins like ltc ,eth , bch can drop massively in one moment so the problem is not in the coin but how you deal with you capital , buying a coin or entering a trad with a big part of your capital will effect you negatively so its better to buy with a small part only . 

@iloveyobit..The Altcoin you mentioned is in a very good position right now.  I like LTC as Altcoin.  Its price is increasing day by day.  However, this coin will be good for trading.  Because it pumps and dumps well.  So trading with these altcoins will be a good profit

[Cryppro 1008]

Recently the price of the minex is around 300 sats yesterday at this time the price of minex was increased upto 1600 sats then again the panic sellers sold all the minex and take the price to 300 which I feel very sad. Even in the talk same thing will happen so price doesn't grow you have to understand that we should let the buyer to increase the price high and high then only price will increase otherwise price won't pump.

[Sallujam 886]

Yeah you are absolutely right and i totally agree with you and i am adding to your topic that time depend in buying and selling of coins. Remember that the coins prices are unstable they go up and down and you should remember that you buy it prices was low and you buy for reselling so be patient and hold it and sell them when prices goes up.

Be patient when you are selling your coins when prices are low.

[Afaqahmad 1075]

You're directly about that mate. Frenzy is exceptionally typical really when you're going to purchase or sell a cash. Since the money can change whenever, in one moment or in 60 minutes. In any case, you don't generally need to freeze while doing this, to abstain from getting alarm consistently notice the changing money day by day, have some examination and show restraint to evade alarm purchasing as well.

[duncun007 3577]

On 11/21/2020 at 1:49 PM, Mark wood said:

That is absolutely right and I have face this matter you know I buy a coins in low price and after some time it goes more down upto 20% so I was so worried about that and then I was about to sell it in loss but my friends suggest me that be patient and it must be pump so agree with the idea and I see a huge pump so you are absolutely right we have to be patient if we buy some coins..

if you are new in crypto i would suggest that you dont keep a coin that goes down more than 5%, that way you will always cut your losses short, and remember in a bear market a coin can go down deeper than just 20% so make sure you have a trading strategy first or you will be lost.

[iloveyobit 6599]

22 hours ago, Cleaner said:

@iloveyobit..The Altcoin you mentioned is in a very good position right now.  I like LTC as Altcoin.  Its price is increasing day by day.  However, this coin will be good for trading.  Because it pumps and dumps well.  So trading with these altcoins will be a good profit

litcoin was always a good coin either for trading or for the holding or even the team and the project she has , i would recommend for every one to buy at least one ltc , the classic altcoins can give you good profit when the market stable .  

[Nicole018 4548]

This is really good advice. Most people on this platform are really apprehensive when it comes to holding on to their coins. It might be the fear of losing money. In my opinion it is best to sell only when the value reaches high level. It might take sometime even months or a year but its all about patience. Trust me if you have invested in a valuable coin then definitely you would be able to gain from it in the future.

[tienda 8776]

When we join the cryptocurrency market, the adventure is not just about the knowledge or learning how we do the investment or trading. Also, it is important to train your self about how your control your self and avoid your emotion to bring your decision to mistakes, the panic is the killer of good decisions.

[Zamani1 17]

Very right friend. Part of the reasons why i will keep calm to take my time and learn wisely as a beginner about crypto trading on this forum. I strongly believe with the people i have around me here, i will be more enlightened on things I don't have knowledge on.

[Moontong 5312]

Buy in low and sell in high, that should be always in our mind, if the price of the bitcoin goes down, don't panic or do not sell because of thinking that it could go zero, just hold it and wait for the price of bitcoin to recover again. 

[buttler88990 619]

We think that the price of coins will continue to rise and we will get a better price because we are doing new work here. We have very little idea about it here.  I will be able to know something. If we get cooperation, we will leave it. We can think a lot about it. We will be able to understand something better.

[Bencc121 5]

It is not necessary to reduce the exchange rate, as the currency will go into decline, but it is a natural consequence of the nature of market activity.

  I think it's better to be careful before we risk selling the currency we bought earlier because it can go up again as the price goes down.