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?
Most traders especially the newbies are doing this... Thats why instead BUY LOW SELL HIGH, it comes to an end of BUY HIGH SELL LOW... Which is i think a not so good trend in terms of crypto nowadays.. People who are doing like this are the ones who are NOOBs in this business.. People who are only following what others told them without proper knowledge... That's why it is advisable for those who want to enter crypto to learn more bout what they are want to do.. Especially in trading... Learn to read charts candlesticks patterns so that you will know when to buy or sell to gain real profits