Panic Sellers: The Gift That Keeps on Giving

Anyone involved with the markets is undoubtably painfully aware of Bitcoin’s choppy sideways price action over the course of the last few weeks. Not to mention the price action we’ve been seeing amongst many of the altcoins within the same timeframe. In this piece, we will be looking at why the markets have been looking less than stellar, and why many crypto experts say that this may potentially be a blessing in disguise!

What is Causing the Markets to Behave Like This

What we’re seeing right now is a whole lot of panic selling, brought about by a cocktail variety of different reasons. Essentially, there are a good number of holders who are concerned that the market is going to drop further than it already has, ergo they hit the proverbial “panic button” and sell what they currently have into fiat. The thought process behind this is that they will take less of a loss if they sell now, compared to if they sell further along down the road.

A lot of this panic selling was brought about by the recent 20% flash-crash, which was a biproduct of what is known as Stop-Loss Hunting Stop-Loss Hunting is a topic we covered at the beginning of this month. If you would like to brush up on the subject, just follow the link!

Covid has also understandably played a role in much of the selling we have been seeing over the course of the last month. Many traders and investors worldwide have been more focused on the immediate needs of their livelihood, rather than the markets. Covid has certainly negatively impacted the markets, as it has almost every other aspect of modern-day life as well.

The Upside to Panic Selling

Panic selling can be beneficial to those of us with “strong hands!” with the weaker money laving the market, savvy traders can take advantage of the drop in price, by buying when the market is low. By the time the market begins to turn around, the “weaker hands” tend to come back and push the prices right back up again. This is exactly how the whales think, and this is exactly why the whales will intentionally cause flash-crashes. You too can take advantage of the same situations the whales cause by using Killer Whale Products such as Killer Whale Gain BTC !

Taking the Emotion out of it

Panic selling is an incredibly emotional reaction, which stems from a lack of understanding of the fundamental and technical aspects of the market. Emotional trading is the biggest mistake you can make when handling money within the markets. Simply put, if you can’t control your emotions, you can’t control your money.

Luckily, there is an easy solution for traders who are prone to letting their emotions get the best of them. That solution is to simply follow the advice of seasoned professionals, like Killer Whale. If you’re not sure what to do when the market is erratic, then you may want to look into Killer Whale Premium Signals . Killer Whale Premium offers one-of-a-kind handholding, through 100% copy-trading! Using Killer Whale Premium Signals , you will be trading just like Killer Whale, and be able to rest assured that each of your positions placed through premium will be backed up by trusted experience and strong technical analysis!

Be sure to check out the Killer Whale Products Page to find the Killer Whale Signals and Strategies that are right for you!

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