Post
Topic
Board Economics
Merits 1 from 1 user
Re: when you sell out of panic, you are contributing to the dump!
by
Webberson
on 06/02/2018, 19:40:56 UTC
⭐ Merited by Idrisu (1)
Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that  when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!

The truth cannot be far-fetched from this - as there ought to be a psychological effect that sets-in  at one point, to make an individual want to sell. To me, having a panic sale, is a measure of one's investment. The amount invested in a trade, is always in proportion to the amount of emotions released into that trade, which most of the times leads to panic sales. So, it is not actually the fault of those that embark on panic sales.