Kate Posted November 20, 2018 #1 Posted November 20, 2018 So in the crypto market there are many falls and many rises and huge falls and huge rises as well. And there many investors who invest in some coins and start selling when they hear or see that their coin went down 10$ or 15$ they sell it that instant or try to at least this is called Panic selling in General. Basically when a coin drops or has a huge fall the investors or hodlers starts selling them at that moment without no thinking. In my view , i would never do this but except on a few occasions. I won't panic sell the coin if : The coin has given me huge profits before eg ; 100$ or even 30$. The coin has rose from a dead coin eg : The coin rose from 0.01$ to 10$ . The coin has a good market cap position eg ; If it's in top 10 or even top 30 . The coin has a good community and their dev's always try their best to keep the coin alive ( It's an inner feeling when i look at the coin's website ) I will Panic sell if : The coin is new in the market and dropped. The coin has never given me any profits. The coin doesn't have a wallet or official website. The coin stays at the same price or around the same price for 20 Days or less . The coin didn't have a good rise from the start . So what are your Criteria's ( If's) To Panic Sell and not To Panic sell ?
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