Post
Topic
Board Trading Discussion
Re: Panic selling and postpone from trading, which one is the worse one?
by
yulionoo
on 15/10/2019, 23:47:00 UTC
The dynamic situation of cryptocurrency these days in general responded by three ways: selling panicly with the risk of cut-loss in order to save the remaining assets from more fallen, hold the assets and playing save by not doing any trading activities, and view the phenomenon as a diamond chance then buying coins in huge amounts of investments while the prices are low. Of course, those three ways are logically humane and each has their own pluses and minuses.

I am intrigued upon the first two: panic selling and postponing from trading.

On doing panic selling, ones tend to sell their assets in the price lower than in the actual price. The main goal is to sell their coins faster to save themselves from the worse situation, without consideration upon the impact of their behaviour towards the market in general.

Meanwhile, ones could also hold their assests and postpone from doing any trading activities, in order to keep their assets safe and even maybe went on hiatus from digital assets bussiness while waiting for the bullish days to be back. They don't want to sell their assets in low price, but the act of not doing any trading is logically also has impact in general. At least, it is contributing on slower the trading traffic.

In your opinion, which one is the worse way among the two?
I agree with everything you say. three things that are almost certainly done by a trader that is selling because of panic the price will get lower, hold on so as not to lose, buy when the price is below. In my opinion the worst thing among all of them is when someone panics when they see the market price is falling and selling all the coins they have in order not to feel the loss in ever greater amounts. good strategy to deal with such circumstances in my opinion is someone must be patient and calm by selling some of the existing coins, and still survive in some other coins.