Post
Topic
Board Altcoin Discussion
Re: Panic selling! Yes or No?
by
maxamus
on 23/01/2019, 16:53:20 UTC
No, I never panic sell when the market is dropping, I have found many time, if the altcoins have dropped to the lowest price, it will take a long time to recover, I will hold it and sell when it reach my target price only.
you have good self-control. I myself when in a down position will definitely feel panic about the value of assets that I have. but I don't want to sell it with a loss, I still feel panic and worry about the assets that I have, but I will try to keep the assets that I have.
In order not to be nervous in the market due to the fact that something may fall , I think you need to invest not all the money in cryptocurrency and only part ! and then you will not panic and worry

Panic is the one which made people to sell the coins and also for some people there might be some financial crisis which make them to sell the coins. But there are users who sell the coins on rumors and panic which is not the good way they have to hodl the coins in order to earn huge profit.