Yes this time I made a thread about, Panic sells altcoin when the price goes down for fear the price keeps falling and panic when altcoin rises because want to profit from altcoin.
Because everyone is trading to get profit, but why sometimes even loss? because of errors or panic?
most people currently buy coins just to follow friends, crypto pump groups, and get info from other places to buy one of altcloin, and there are beginners who only know the famous coins that make them lose because they do not know which coins will go up. the price and where the coins will go down in price, then most of now the panic sells and panics.
and here I want to ask how you always profit from altcoin trading?
Peoples decision is affected by anything and the most influential is the society. If people are all mainstreing about dumping coins, you actually would do that also without even thinking if your right or just following the thread. But anyways, usually profit by holding those profitable and well known alts for safety purposes. I dont trust new projects that easy so ill stick with old one.