Quote from: Hamphser on April 08, 2022, 06:52:56 PM

Quote from: olib123 on April 08, 2022, 06:49:17 PM

why some people doing panic sell because they don't know and are confused about what to do with this volatile market. therefore it is important before investing in crypto we really have to be able to understand the market. Don't be easily provoked by the ups and downs of the crypto market. if the market goes down then holding is the best way, it's better than giving up on the situation and doing a panic sell. Remember that the market can go up or down at any time. we just need a little patience and also calm in all situations.

Even professionals or veterans do really still able to experience about panicking on certain conditions whenever they do see some mind boggling price fluctuations which would really raises up some questions in mind.

Market is indeed unpredictable and there's no way that you could able to handle out your emotions anytime but in most cases panic sell decisions do mostly happen on newbies or who had just
recently jump in the market.If you arent that good on handling out yourself and easily freaks out when there's a drop then you would really be finding this volatility aspect to be that problematice.
As long you cant able to control or have discipline then you would really be having a hard time.

Emotions are a really hard thing to control, sometimes even seasoned traders fall into this unfortunate situation many times. Newbies, there really is no way to help them control their emotions. The best way is that they will have to go through the stages of the market themselves from which they draw their own experience so that they can control their emotions once the bear market comes.