panic sell in trading
panic sell in trading
Cryptocurrency is been known for one of the largest future financial assets, many new beginner in the crypto space are buying at the price of pump and selling at the rate of dip which i do call panic fears and the disvantage of this which i will said many lead to loss and regret and aslo many lead to regret later in the future if it not been stoped 40% to 50% of newbies just feel that crypto is where you come in and dump money and walk alway given it some time to pump back and take profit that i will sand to correct it a wrong decision to make as a newbie.
What people fails to understand is that life itself is full of risk people don’t want to risk the hard way and the lifestyle of a crypto preacher is full of making hard decisions in other to become wealthy taking risks is major life in the crypto space.
That’s true, but to reduce risk, we need to take calculated risks. Trading is inherently risky, but it gets even riskier when we dive in without proper knowledge—just like traders or investors who only enter the market during bullish times.
Many of them panic when fear-driven news spreads. Since they don’t fully understand how the market works, they become easy targets. Meanwhile, the whales who often trigger these panic moments just sit back and profit.
Very common for newbies.
They chase FOMO and sell during FUD…
That’s just the reality as not everyone can be good at trading or consistently profitable. one trader’s profit comes from another’s loss, and it’s just how the game works. And in most cases it’s the newbies, who are less experienced and less educated about the crypto market, that end up losing money.