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Crypto Pum And Dump , Never sell in Panic by coolguy222

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hive-167922 · @coolguy222 ·
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Crypto Pum And Dump , Never sell in Panic
Ups and down are part of the markets ehich is a natural behaviour. There will always be buyer and seller in a free market. No one can stop anyone from selling their bags , this is called freedom. You cannot control funds of anyone which is true decentralization in my humble opinion.

We see markets go green and red on daily basis which is totally fine. Some traders prefer to take profit on daily basis while some believe to hold for the longterm. Buying low and selling higher on daily basis cannot always be profitable because we dont know in which direction the markets will be going.

![pump-and-dump-680x350.jpg](https://images.hive.blog/DQmeiMQjsGHQwnvX7FFNgA7DabDh92mcEPnvYXy98YPjguc/pump-and-dump-680x350.jpg)
[src](https://www.monetizzando.it/pump-and-dump/)

Whenever a bad news or rumors hit crypto we see panic sell in crypto markets which is the sign of fear. During such situations sell pressure increases because of panic situation. You need to understand that whenever someone sells , someone is buying. What you sell, others buy it.

At the same time when you are selling, someone is buying. We have different mindsets in crypto space. Some take the risk during the dump and buy whatever they can considering that a golden opportunity. These are the traders that do tough decisions.

![keep-calm-hodl-bitcoin-sign-crypto-banner-funny-cryptocurrency-wooden-blocks-blue-background-coin-price-rise-218509158.jpg](https://images.hive.blog/DQmWAs9RowALrsoGHSJdQ9kkb9aw2babzbXMpSYiCm72aHy/keep-calm-hodl-bitcoin-sign-crypto-banner-funny-cryptocurrency-wooden-blocks-blue-background-coin-price-rise-218509158.jpg)
[src](https://www.dreamstime.com/keep-calm-hodl-bitcoin-sign-crypto-banner-funny-cryptocurrency-wooden-blocks-blue-background-coin-price-rise-image218509158)

Being 5 years into crypto i noticed one thing that whenever crypto is attacked it comes back stronger. While it is declared dead many times in the past. Many tactics were used to destroy crypto but that didnt worked. 

Well those who sell in panic always seems to be crying later because markets pump back after the dump, its just matter of time. I have been a victim of this panic myself. I mean in the past i have sold my bags in panic at loss due to rumors. But later when markets recovered i bought at higher price. This always ended up in loss.

This can happen because of many reasons. Usually when you are new into crypto and dont understands how things work in such situation. You dont make decision but follow some stupid people,s call and act on this or panic in FUD.  

Well, i will advise you not to over invest, invest only what you can afford to lose. This will help you to stay strong even in FUD. 
Thats it for today.
Thanks for reading.

What do you think about my today's topic? Let me know tour thoughts in comment section.
In the end i would like to Wish you and your family a happy day ahead. Stay Blessed.

***About Author***
@coolguy222 is a crypto trader and content creator on hive blockchain. He also runs a small business of Mobile accessories and Wrist watches. He loves to make new friends.


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vote details (397)
@faiz1971 · 
>Buying low and selling higher on daily basis cannot always be profitable because we dont know in which direction the markets will be going.

This is big problem for traders and that is why they should hold their crypto in bear season so that later they can get profit
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@gunting · 
Usually a long-term struggle will produce maximum income, compared to issuing goods for sale every day.
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