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Panic sell ; a major reasons why some investors fail
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[QUOTE="Josemendez, post: 68089, member: 25665"] The world of cryptocurrency ,is one characterized by buying during a dip and selling when the price rises or seem to dump further. Panic sell comes ; 1. when an investor buys a token and because the token seem to be dumping further sells of the token to avoid further loss. 2. When an investor buys a coin and when the coin rises to a higher price ,that there is fear of the possibility of a fall , the investor sells of his coin ,so that he won't lose if there comes a fall. When Bitcoin reached it's first all time high of $20k , many investors thought that it will have a dump as experienced in 2017 . few investor gave in to panic sell ,and sold their coin at $22k price . Now , Bitcoin stands strongly at $30k plus price. The best way to avoid giving in to panic sell is to watch the market statitics ,and know if there are more sell or buy . [/QUOTE]
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Panic sell ; a major reasons why some investors fail
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