Quote from: barisbilgili on February 20, 2025, 06:12:21 PM

Quote from: Rampagoe004 on February 17, 2025, 07:53:49 AM

Quote from: dansus021 on February 14, 2025, 03:32:42 PM

panic sell in trading this always happen not just in crypto but on every investment instrument that I know including stock and even a mutual fund, I know that one people and the other had different risk but if you hold a good coin like bitcoin or blue chip stock like apple you can wait for some moment or do DCA and in the long run is still gonna profitable

In crypto trading, panic sell often occurs when there is a big correction in the crypto market in general, even though before someone enters into trading or shares, they already know that there is a high risk. The best assets in crypto are holding on to Bitcoin and Ethereum. That's my opinion. The important thing is not to be too ambitious about making big profits, prioritize entering at the right time, if there is a correction, don't panic sell. Any investment in the long term will be profitable.

You are right in trading panic selling often occurs, especially for someone who is just starting to trade and they do not understand well how to make a profit from crypto, even though they understand the risks faced when trading, of course they will still feel panic when they see the price of the assets they buy decrease.

I agree with the choice you made to choose the asset to trade and continue to trade without being greedy even though the small profits we get can be enjoyed compared to expecting big profits that we may not be able to get and choosing to maintain in the long term would certainly be better.

When you are really that trying out to deal up with something new then you would easily panic due to lack of knowledge and this is really just that normal, because at the moment or time that you had get such experience then this is the time that you will be able to get rid of that kind of emotion on what you've been having some problem on.

This is why its really that important that if you do step your foot into this volatile space or market then it will be that good or best that you should be wary about that kind of unpredictability and thats why knowledge and skills will really be that significant. You cant really just that easily deal up with something in a short period of time. It will really be that basing up on how you do deal up with things accordingly or doing on what must be done.