Quote from: Wysi on October 13, 2019, 07:49:31 PM

Quote from: taiwww on October 13, 2019, 12:27:18 PM

Quote from: logicgate on October 12, 2019, 11:27:59 AM

For sure an investor will have to keep holding if he really wants to get benefit from crypto coin investment and it Always takes long to recover the price till then only holding is a profitable way of cryptocurrencies investment. Holding actually gives safety and satisfaction about gaining profit. Panic selling is the worst thing you do in crypto currency.

Right, I never prefer exiting market at loss, no matter what! Holding coins even if their value is lower than for what you bought signifies that there is still the possibility of making profits. Once you sold your investment, you lost the chance of making any future profit. So my suggestion is to always hold coin if it is in loss because eventually every loss could be corrected to profit.

Panic selling is the worst thing anyone could ever do as it's a self damage which they incur due to rumors, but when it comes to day traders it's more profitable for them during the market fluctuations than the stable period as they make profit out of both the pump and dump. Even I don't personally sell crypto when market is going down but rather I convert them to BTC or ETH for better chance of survival.

Well if they are easily affected with the fud then that would be there natural reactions and they are prone to huge losses since they can't control their emotions to contradict the market situations. But if they know how to do the stop loss and wait for perfect time to buy then they will not worry on anything since they have a good chances to regain back especially if they are into bitcoins and eth tradings.