Post
Topic
Board Trading Discussion
Re: Panic of traders
by
bettercrypto
on 22/04/2019, 12:58:18 UTC
Every day I see more and more people starting to feel hopeless with the current market situation because of uncertainty when prices will recover and end this fall. Even more and more traders are deciding to resign from trading and sell all of their assets but that makes the price even more falling.
These traders influence the market much. Because of their emotion, market rapidly goes down. They think that being a panic trader is good but they do not know that it affect much the market. I think it is good to orient every trader what is the market they are entering of. Due to the volatility of the coin, they panic easily. Newbies need to know that market will move based upon the reaction of many traders so that they will think before they sell a lot.