Quote from: Quesdana on June 03, 2018, 11:02:08 AM

Quote from: mobiljonson on June 03, 2018, 09:24:02 AM

Quote from: tasiah on January 16, 2018, 12:00:26 PM

people are panicking over the drop that has been experienced over the last few hours why don't you look at it as the best time to invest more

if you are panicking too much you need to evaluate your risk management skills or you will be feeding the sharks
its the crypto world you can expect anything

In trading a coin in the world of cryptocurrency do not get too panicked at a price that I think is chaotic and unpredictable. Most people choose if the price of Bitcoin and Altcoin falls then they will sell the coins. This is called a sales panic

It is a mess when selling coins at a lower price, its better to contemplate your decision than regretting at the end. So while the market is dropped for now, it is good to invest more to gain more profitable in future. Dont panic by selling it in inconvenient state, to avoid the lack of lossing. Though we cant predict on how the future run, it is good to hold in long term on what coins you have . And as long as the market will consistently arise, it is good to sell it and gain godd profits.

Yeah and that would also help in avoiding drastic plunges that would make people more anxious. If only people have the right mindset when they invest, then we wouldn't have to deal with panicky weak hands. Though of course, there will always be people who'll get in just for the incorrect notion of quick money.