Post
Topic
Board Trading Discussion
Re: How do I stop panic selling cryptocurrency?
by
Savemore
on 23/05/2018, 10:50:29 UTC
The question itself is the answer “PANIC”.

Everyone knows cryptocurrency market is highly volatile and risky.
And most of the people do emotional trading.
They sell when it is crashing. And suffer from the loss. They panic and sell in the loss.

What is the point in selling at low?
One must wait for the market to turn green and bullish.

The way to stop the panic is to not engage in panic-inducing activities such as day trading.
It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead.
The doctor says don’t put your arm overhead Grin

If you are in need of urgent money than selling is OKAY but for profit, HODL is the best.
The main reason why you are panicking is because you are thinking negative! You do not have self confidence! You should always think positive for you to not panic and make better decisions.