Quote from: o48o on Today at 08:24:11 PM

Quote from: carlfebz2 on June 12, 2023, 10:33:23 PM

To those people who panic sell this time would definitely be making out some regrets later on, on the time that the market would really be green once again.For those newbies or who had just recently dive in into this market would really be normally be having those kind of impressions on which it might really be looking that this might be the end but its not, it is really just a normal market cycle.

We cant really just be having that one path to take which is upwards, it isnt really called a market if we dont really have these fuds and other fundamentals around which causes the price to be way more volatile.Crypto market does have those ups and downs and this is really where emotional test would really be happening and if you are that someone who do have that weak emotions then for sure you would really be that susceptible when it comes to errors and mistakes on things that you have done.

This is why instead of freaking out these kind of times, it would be much more wiser if you do really know on taking this as an opportunity for you to buy more instead of panic selling.DCA is always the key.

Well panic selling is quite misunderstood as it can be a way to save money. If you are fast and ahead of curve. And you are facing a 2 year bear run, panic selling right at the start is beneficial.
I see selling in pure desperation or in rage, way worse.

When you have holded for a long time, you have almost nothing left and in a desperate moment you try to save what rest of you have left. I have seen people rage quitting, having meltdowns in absolute bottom, turning their passion into fud fire sale and total mayhem in the chats and forum, and right before mooning. I have sold the bottom too, but it wasn't because of fear, it was because of disbelief and frustration.
I guess i could regret it as it would have been life changing money if i managed to sell the top.

and is critique on in is justified when it's going to be just a dip, but this wasn't a dip but it started from 6 month crash from 2021 and we are still not out of the woods even if we , in fact situation looks so bad it almost stopped the bull run.

So people who panic sold, probably made money. Now we the sentiment seems to be desperation and disbelief and selling on that would be worse.
But i agree, dca is a good tactic in general.

Yes, a very normal common people or investors approach on which on the time that you would be seeing your portfolio is really that getting low then the most common action you would be making is on how you

would really be to save up at least with those amounts and this is where you would really be considering on cutting up some losses which i could say that this is always the bad decision to be done when we do speak about here on crypto space, considering that prices could shoot up or dump down in a short span of time on which there's no way that we could really be able to stop it out.
When you do cut losses then it would be finalized and counted as a losses, wherein if you have just decided to hold then it would really be still have the chance of recovery or breaking even
but of course it would really be depending on what coin you've been holding.

Once you do commit out such action and realize things that it was a bad decision then this is where learning would kick in. You would realize that you should have hold up your position
and just simply wait up for the market to settle on.