Post
Topic
Board Altcoin Discussion
Re: Do not panic sell when there is dump
by
matchi2011
on 12/09/2021, 19:45:12 UTC
Who doesn't panic if the coins we hold go down in price?  Everyone will certainly panic, and those who panic more are those who have small capital. Because if we lose then there are no more assets that we have, Patience is necessary but not everyone can do it.

If you are new to crypto then you may panice, else for the seasoned players all know that btc and altcoins does have a roller coaster ride and in long term you make money. As well if you are just a short term investor than yes could have some panic situation during the course of it.


It's not easy to for someone who still new to this business to witness their investment to fall down.

The common reaction is to sell and avoid bigger losses, a kind of mistake that unavoidable by new traders and investors.

But along the way, when you start to learn the process and you start investing in a decent project, you will understand
the concepts of trading, buying at the dip and selling when the price pumped up.