Bitcoin Forum

As a newbie, sometimes when looking at the declining bitcoin price chart finds it confusing to decide whether to sell or hold assets. What should we do when under such conditions.

1. Seek information or signal to the next bitcoin price movement
2. Join groups or communities of crypto merchants, or
3. Confident and reinforce the belief that bitcoin prices will recover.

If you have any other suggestions, I would be more pleased. Thank's

I have another view. I prefer a solution for not having panic rather than one for overcoming it.

1)   Do a lot of research about the asset you are going to buy before you buy it and decide to buy it for its fundamentals and long-term perspectives.
2)   Only invest money you can afford to lose.
3)   Diversify.
4)   Don’t have more than 25% of your portfolio in high-risk assets like bitcoin.

Those are basically my points. With those I yawn in markets like the current ones.

as a newbie since i am too and only been in this space for about a little over 6 months what I have learned is to never become emotionally attach to the money.

Which is very hard and im not saying i am 100 percent perfect at it but it will overall be better and healthier for you in the long run.

One solution I have is I have started to think in crypto and not fiat because if i start thinking in dollars then i will go crazy because of the volatility of the market.

But when i think in crypto everything is much better because i am essentially compounding!


What do you guys think?

Do not become emotionally attached to your money. Although the deflationary design of bitcoin makes people stockpile it for future. The question still remains - for how long? A person's lifetime? or to their successors as well? I believe you should cash the bitcoins at times of pump and then buy back when the dip happens. This recycling as per the market movement is important.

True but dont forget that crypto is the one which is more risky. How you invest in different coins is upto you.

Not essentially because prices can drop often.

I would recommend see if the market is all red or all green, you just have to wait it all the time and be patience.

my advice, you should be patient to wait for bitcoin prices to go back up again.
and you have to be sure and believe that bitcoin prices will definitely be stable again.

Many people panic when bitcoin price down because they not use money which they able willing to loss it, and they panic when the Bitcoin price go down and they sell it, maybe they use money for daily needed, and I think this is one of some requirement when invest in bitcoin or another crypto. So very sugested if :
• Use money which you able willing to loss it
• Be aware if bitcoin price is fluctuate

---

And still consistent, when you hold some bitcoin/ another crypto and the price not reach your target price you should consistent to never sell it, because we don't know how bitcoin price later.
Bitcoin usually reach high price in long term time, many peoples says "bitcoin good for long term investment"
And believe if all will be back to normal again

If you are emotionally attach to the market and its easier said than done but you will experience more pain and panic if thats the case.

Thats just the facts.

I for one have stopped being so addictive and obsessive over the market and have been focusing on other things in my life and sometimes thats what people need to do and then come back to the market. pick up a book or go for a walk and dont be addictive to this because you will get rekt in the long run brotha

One and only thing we can do is set up our mind for the long run holding that can save us from panic selling and joining in the signal groups can cause more worse the panic selling,o just do your own research but you need to have that confident and trust on bitcoin price then you never sell it for loss.

Newbies do not possess the skill that old members have. It is difficult to predict what will happen next based on chart which is why it is best to ask those people who have sufficient knowledge about stuffs here. Reading threads here can somehow enlighten your mind and if it still confuses you, consult someone. This is what I personally do. Good thing I know some people who are joined here ahead of me. In terms of panicking, so far I have not let my panic decide for my actions.

1 and 2 are basically the same thing! and the information out there as "signals" come from groups and they are ALL complete nonsense and most of them are pump groups trying to fool some newbies and take their money for themselves. so stay away from 1 and 2
3 is kind of a weird statement in my opinion! the thing about bitcoin in my opinion is that you either see the potential in it or you don't. if you see it then it all comes down to your strategy. not everyone is a trader so they may not be willing to take advantage of every price movement up or down. but if you are a trader then holding is meaningless you must sell in a bear market and buy in the dips to sell on recoveries or if you want, short bitcoin in a bear market which is what we have now.

yes, you have to do everything that is related to crypto especially bitcoin.
knowledge and insight are the basic capital to do speculation. and not easy. that is why we must always try to find the source of every new information and its development.

Stop watching the price every day. {or like some, several times a day}

Bitcoin is a long-term investment, so you should not be bothered by the short-term volatility. Last year the price levelled out

at about $1000 and only started to rapidly increase from April '17 onwards. If you constantly look at the price, it will cause

you to panic and you might consider selling before it goes to a new ATH. {not guaranteed}  ???

The current situation has a technical rebound at a price, but unfortunately not more. Despite the fact that the asset almost completely played yesterday's losses, tomorrow further progress can be difficult.
Nevertheless, the immediate goal remains the mark of $ 9,000, which buyers can still come up with no particular difficulty. Further growth will be determined by the external background and the number of major players in the market.

to overcome when panic when the price drops is the best way is to wait until the price back up and join the chat group and see thread notification of the coin to see what developments are in the coin.

I tend to find that most crypto investors are new to the world of investment. I am fortunate to have invested in stocks and shares so the crypto fluctuations do not worry me. I think too many want to know everything too quickly. Good investment takes time to learn.

the right thing to do is to educate yourself about bitcoin and its market (aka the price) so that you don't have to seek help from others, like looking up "signal groups" or some idiot on reddit, youtube, telegram, twitter,... who is spreading bullshit all over the internet and has enough shills to praise him and pretend he is actually good!
if you do that, you will find yourself in a lot better situation no matter what the price is doing. and in the end it will come down to experience. if you have it then you will be fine and if not then start gaining some experience, start by looking at chart history.

Imho to overcome panic we have to stop reading news) If you are hodler you just have to wait. If not you need to have a trading system with exact risk profit and understanding what you are going to do in both ways of movements: up and down.

As much as I see these helping with people who can't help but panic sell, I also see some pretty stark danger in those options. The first one is my favorite, because I believe when it comes to business you really shouldn't trust people outside of yourself. 2 and 3 are dangerous in the sense that Bitcoin has and will always have the potential to tank. You can't rely on groups of people who just tell you that the price is always going to go up even while it's tanking.

I find listening to people who have a mature understanding of the technology (like clif high) really helps when the panic sets in.

Number 3 is pretty much is all what you need to do . And if you are one of those that can not control them self then just relax and take sometime off and forget about the market for sometime stop keep looking at the charts every couple of hours ,  and completely forget about it couple of months (Yes you heard me couple of months )  .

As a beginner, I think it's hard to stay calm after the price of bitcoin crashes. They're still going to panic, and I think the best thing to do is to join groups and listen to others, and when he goes through more of that, he'll get used to it.

I actually think 1 and 2 are the most different. 1 is good because you can seek out news that can impact the bitcoin price. If there's news articles about a big investor thinking about investing millions into bitcoin, you can essentially be sure that the price will go up with that news. However, if you're surrounded by groups and communities, they can easily cloud your viewpoint by getting many people to raise the price for themselves to pull out while the price is high.

If you will look at history of the bitcoin you will see, that bitcoin every year loses the price in the beginning of year, so keep calm and wait!

They usually don't work.
No one can predict when the price will rise. If some one predicts that the price will rise tomorrow, there is also another person predicts that the price will fall tomorrow.
No trust to any signals or analysis.


It will cause you to panic more. There are a lot of people with different ideas. I personally get confused when I read comments on such communities


It seems to be better
No need to worry. Don't check the price every day. Wait and HODL.

I think everyone experience that as a newbie. When i first invest too in bitcoin. Of course i don't know how it works and suddenly experience some decline. I panic at that time and ask myself if i do the right thing to invest but after reading some news and information. My panic is gone little by little. I suggest that don't overthink of our investment. Educate ourself of what is happening in the market. Just relax.

two key things

A. dont look at 3-hour charts. only look at monthly charts
B. if you see a price drop do not let the words "what day to sell" enter your mind. only think "discount buying day"

Hi,

I'd say that the first and more important point actually is to avoid panicking.

And actually whatever the market, for me the situation is quite simple:

1- Fix the amount you want to invest. It shouldn't be too important as to avoid panickcing, you must be ready to lose it, and consider it lost once you have turned this amount into crypto.

2- Try to buy at low and price and decide at which level of profit you will be done. If you buy at 10k, you may consider that 15k is a good profit. Or you may want to hold until it is 20k. This is up to you!

3- Hold until your price level has been reached. This way, you ensure your profit.

Though, with this behaviour, of course you won't make any short-term profit. But you will also take less risks.

Most of the advice in the thread are only good if followed. But that's why the call it "panic". All reason and logic have gone and it is emotions of fear and anxiety that takes over.

I believe there is no best solution in overcoming panic. Some people get used to the stress of trading, others don't.

In a addition on these.
*Always trust on bitcoin no matter what is the FUD news come still holding on, don't lose hope if the price down beside the good thing to do is wait and have patience.
*If you doubt don't look the chart weekly just try to look the chart of the price after 3 months from you invested or look out the previous price movement when the possibility is bouncing back again.

~trust+hold+patience=profit. ;D

Best solution is not to become emotional when prices fluctuates up or down. You also need to stick with your plan if you plan to hild it for 1 year then hold it 1 year do not sell if you saw the prices is declining.
Do not check the price every minute.

i dont know about you i dont keep my bitcoin on exchange i store it in my luno wallet so weneva i notice the deep coming i convert my bitcoin to fiat on luno wallet just for the deep to pass by then i sell fiat for bitcoin again

Well I am gonna use the famous gambling cliche bet only what you can afford to lose and slightly change it into only invest what you can afford to lose. With Bitcoin, you simply never know. People who bought in at $15k would be panic selling at $7500 and that's a perfectly normal reaction if they, for example, got loans or sold properties to pony up the cash for the 'get-rich-quick' Bitcoin dream. I for one will be keeping an eye on the price and try to pick up some cheap coins before the roller coaster launches skyward again and hope for a nice chunk of profit. Only time will tell haha.

So in a nutshell:

Only invest what you can afford to lose
Buy low sell high
Hold your stash long-term

Cheers ;)

Well the best thing you should do to avoid panicking is to have a plan, a plan that may save you in any different conditions that you know that may happen in bitcoin world specially when it comes in bitcoin price changes.

It is better to keep the BTC. because Romany investors are treated on BTC. so i think in future the bit coin price will increase.

Never invest more than you can afford to lose which can save us from getting panic while investing on the crypto currencies.And it is not advisable to join on telegram groups which do more harms than the positiveness.So do your own research to make invest on the crypto currencies.

The number 3 that you have written is the most difficult thing to do for most people. People are just so naturally impatient when it comes to money and we all know it. I also do not think that crypto merchants will be a good help because what is even the reason for doing this? In my case, I always assume that when bitcoin is down, it will be down for a couple of months so that I can plan ahead.

If you bought Bitcoin as an investment. You understand at what price you want to sell it. Well then, just wait until the price is right for you.

there really isn't some magical solution to overcome panic and in fact panic is a healthy thing. for example when market is acting weird it is not such a bad thing to panic a little but the thing you need to overcome is the idiotic decision that one may make after that panic filled them up.
and it will be easy to do it if everyone just took a moment to rethink what they are doing and why.

Things are going down because the rich are selling.They want to expose other weak hands so they can buy back even lower, in higher quantity.This shit is gonna pop off,just hold.I just hate holding and seeing NEO go up more when I want more NEO,but I am not trying to trade other coins of value for 6/7 bucks. When they will be 30/40 in a few months.

if you are still sitting on big bags this is only your fault. You should be selling at ATH or just after when there were hundreds of signals that we will soon enter a bear market and heavy price correction starts. If you cashed out then you search calmly for a super entry point and that is correct behavior.

If you haven't sold at ATH then there is no other option for you as HODL and pray that bulls finally take over the market because you already lose 70% of your money and this is no time for sell only to look for the good entry point.

Buy low, sell high that's it.

Fix a goal price for selling your cryptos,sell your coins 9nly when it reaches that price so it can helo the people to save from panic and people have to stop avoid checking the orices every five minutes which causes the mist of damage to crypto currency.

I agree on the number two this is very important to avoid further loses in the future, but unfortunately that is not perfect, there is no perfect system, I did a good research on Kucoin this is such a good investment but until now it is not living up to my expectations, but still hoping that I can make profit here.

I am confident on bitcoin so i am holding it and in low i am buying more so that on next price increase i should able to gain profit. I am a long term holder so this price fluctuation wont affect me.

indeed for a beginner usually for example see bitcoin price levels decrease them in panic and sell their bitcoin, but it would be nice if we are patient and keep calm and let our bitcoin until the price will rise again.

1 only invest what you can afford to lose
2 be patient
3 beaware that some people might be playing you and giving you the wrong advice
4 do your research on what you invest in
5 dont invest everything in one asset

I take more primitive way, just buy Bitcoin and forget about them for next few years. I only cash a fraction of what I earn for my services (in Bitcoin) when I need hard cash.

I think you should make a back up plan so you wouldn't panic about it,
Always plan what you would do if one of your investment fail so that you could recover what you lost.

best solution is to simply trust your judgement and common sense instead of fud and speculation. Yes the prices can go down anytime, but in long term if the project is used and successful, price will show that

You do not need to keep track of the price every hour or every day, if you believe in crypto currency then you should know in the long term it will grow.

We all get scared sometimes. Our hearts race, our breath gets shallow, and our hands and feet turn icy cold--these physical expressions of fear are our normal responses to things that threaten us.

But moments of panic can cause you to experience these feelings with no apparent cause, robbing you of confidence and composure unexpectedly throughout your day. You deserve to be free from these troublesome moments, and the ten easy and effective techniques you'll find in 10 Simple Solutions to Panic make it not only possible but also easy. Learn how to monitor your episodes of panic, and find out how to replace your anxious, racing inner monologue with calm, realistic thinking. Discover safe and comfortable ways to face fearful situations. Breathing exercises, stress reduction techniques round out this approach to overcoming panic that promises to restore your security and peace of mind.

I think everybody encounter that as an amateur. When I initially put too in bitcoin. Obviously I don't know how it functions and abruptly encounter some decay. I freeze around then and inquire as to whether I make the best decision to contribute however subsequent to perusing some news and data. My frenzy is gone little by pretty much nothing. I recommend that don't overthink of our venture. Teach ourself of what is occurring in the market

with the current bitcoin price condition I prefer to hold back and be patient waiting for the bitcoin price to recover. I am sure bitcoin prices will recover in the next few months. the condition of the crypto currency market is currently being taken advantage of by investors to buy as much bitcoin and altcoin as possible, and after this, bitcoin prices will soar as the bitcoin sellers are dwindling.

To overcome panic selling, I recommend the following:

1. Patience
2. Research
3. Faith

Why?

First, you need to have patience because not at all times, the market will be green. There will be lots of time where everything will be bathed in red. You have to keep holding your coins until it is the right time to sell again. Also, don't check the market every minute or every hour especially during deflation. This will increase your anxiety and worry.

Next, you have to do some research, a lot of research. You have to research about the coins that you are currently holding. You also have to research about the possible time when the value in the market will rise or when there will be a dip. Also, you have to research on why the value of the coins are going down. You have to read the latest crypto trends and news and then identify whether they are the truth or just FUD''s. This will help you to know your next move as to sell or to continue holding.

Lastly, if you have done everything that were listed above, then all you have to do is to keep faith. You've been patient enough, you've done your research quite well, so now everything will just depend on your faith. If you believe strongly and know that what you're doing is right, then at the end of this dip, you'll be earning the fruit of your labor.

Good luck!

I have not felt the panic as most people see when market conditions have decreased because I have not had any assets since I started joining bitcoin. I have not felt the sensation of trading in the various crypto markets but I understand what you feel when the panic comes when this market, the instinct of a human being who is always dissatisfied with something that has been found that makes them feel panic and fear of loss when things it is a process for success. Make the panic and loss a valuable experience for the better in the future.

Some opinions put forward are patient, researching a crypto to be invested and waiting for the right moment. The third points is a very difficult thing for me because I do not know what kind of news is a positive signal for the price movement crypto so the news in circulation makes me confused to make decisions in investing. I am still waiting for another suggestion to solve this panic problem and hopefully, your suggestions can help many people in making investments (especially for me).

#3 and #4. My rule of thumb, whether in crypto or stocks, is that i maintain 10-20% per position of my total portfolio.

Exactly there are a lot of sites which gives fine info about bitcoin investment that when they should invest and when they should not invest, all the time look at the market if you see market of bitcoin at green means it is time to sell and if you see it is at red then they should buy more and hold their bitcoin, right time to buy bitcoin is low price and sell is very high price so no need to panic further info can be taken from bitcoin talk.

if you join the crypto merchants, their answers must be the same. ie continue to hold it. because there is no other choice. if we sell it, we will only get a loss. maybe some of them will also suggest to buy some altcoin, i also do the same thing. rather than just holding bitcoin, it's better to add investment in altcoin. and as the price starts to rise, we will get a double advantage.

This is really a nice post to answer, but before I answer I would like to tell that you should first understand what is panic, how the panic situation arises and then you focus on solutions part because I always believe that prevention is better than cure. Panic arises when we don't know what to do with the extreme level of supply or demand and this can be known if we can define our entries and exit points in a clear-cut way by this way you can at least avoid panic situations from trading. You can also take some guidance from some professional and full-time traders, and they might answer your query in a much more better way.

Nothing gonna happen if you feel panic about your investing here in crypto and there's a lot of ways to avoid that first study crypto like all of ways to earn here with no investing so even you lose in trading here still you earn that here in crypto another thing we can do only just a little investing here so try first that and don't invest big then after you earn in that add little by little amount from your investing

Our judgement is not always correct and we are no gods who can judge everything. We often make mistakes in decisions and thus face the market wrath from time to time. Although ignoring FUD is a good thing if you have belief in the project, blindly following the admins sugar-coated words will make you a part of the kool-aid team at one time if you dont sell at the rise.


I keep an eye on price every week or so since market has been kind of in the below 10k USD mark and nothing significant to note. Unless the bull run begins again.

I think the way out of panic is to store your bitcoin in your wallet and continue your normal activities and wait for when the price will jack back to life again.

Imagine how cheap the encryption used to be. Compared with the present price, the price is still very high, and the price of BTC will be considered in the long term.

There is not much to do at these times where the market engages a bearish trend that seems endless.
If you are a long-term investor it is best to relax and wait for the reversal to occur and take the opportunity to make an average price in currencies that you believe have a promising future

Panic arises when looking at bitcoin price movements that tend to continue to decline rapidly and maybe for beginners is considered unnatural. What precautions can you suggest?

Investing in digital assets is vey risky deal. And you must be ready for such panic sells, pumps and dumps. But you should understand that without right strategy you can lose all your money. Choose your profit goals in BTC, USD or even in % and invest, hold according to purposes. Green market or red, it doesn’t matter, if you know what to do. The maximum loss amount must be chosen at the beginning too.

exactly i just wish people would see it too we need to relax and don't overthink what's going on the market because it could drive you the insanity angel and we don't that to happen for sure crypto assets is in beta test mode right now and you could a lot of bugs during that test so you have to choose either you have a brave heart to stick around for some time or you fear of what's gonna happen next it's your choice 

As human beings, panic can come in mind. Just control your emotions and be calm in any situations and calmness is the primary success of any situations. Bitcoin will come back in anyhow because bitcoin is diligence, industry. And you will be the gainer.

I would suggest you to hold on to your endurance. Don't panic because the price will recover anyhow in the near future.

For those who have long experience in the Cryptocurrency market, they will never sell panic when the market is showing a bad sign and will consider buying more if it is a good price. I think the sale of panic is mainly from new investors because they are afraid of losing their profits for a short time.

Confidence and the faith on your bitcoin is the key to get high profit, if you know the right time of investment and you are using your knowledge well in bitcoin then you will earn very good profit, gradually market is getting high no need to panic, but most of the time new user make this mistake which discourage then for next investment, so I think we should educate our new generation about bitcoin so they will not sell at panic price at any cost.

I can advise simply to believe that the price will start to rise when those who are now writing bad news will decide and buy a crypt at the lowest price)

also fix the time to have good price based on price period of last year. check the price only in that period in this year, if it is a good price, just sell it.
while between time, take a break from bitcoin to eliminate your stressful situation.

Just have a look at the previous history if bitcoin's price movement so that you would get much confident that this price movement is a routine phenomenon taking place in bitcoin.

MtGox2 soon https://bitcointalk.org/index.php?topic=3225910.0

     For me the solution to overcome panic is to set your mind not to panic. Being panic is just in our mind. Try to twist the negative to positive view,positive thinking will help every one not to panic. Then try do research the previous history of bitcoin,study it and compare to what happen to present scenario in bitcoin market because i believe it will tell you if you need to panic or not. Always think positive and hold your mind to calm down and not to panic.

If possible, where I should learn to understand the movement of the bitcoin price chart? Because I am really confused when it comes to analyzing the movement or making a bitcoin price prediction by looking at the price movement chart so that many beginners (including me) cannot make sales and purchase targets. Trading is fun but I need someone who can help me in analyzing chart movement to create a target.

Cryptocurrency is all about risk the most important thing is that you should always read and understand rules before investing on any coin and I think patient is the key no need to stay panicking which will lead you to mistakes you will ever be regretting of.  Learn to hold your coins most especially this kind time and you will remain the best.

I agree to what OPs suggested though It's easy to say than done. Panicking is a major problem in this type of industry, we can't stop it from happening but we can prevent it. Been there done that, It was a challenge to overcome such problem but like what others said, Feed yourself informations and knowledge in this way we are aware of what is happening to the industry and we can act based from what we have and accordingly.

A lot of people get panicked when they see that the market is red.
After checking they will check it again after a few minutes and get panicked again.
Your checking all the time will not affect the price of it, it will only lead you to become desperate and in worst case scenario you will sell it.
Then after a couple of days when the price rose up again you will regret.
I dont really have large amount of bitcoin so i dont really panicked a lot if bitcoin drops but i have a lot of friends that when they see the current value drops a lot they will not check it for maybe a day or two.
Just clear your negative thoughts and be positive. Just think for a longer term not instantly.

The way to stop panic is to not engage in panic inducing activities such as day trading. It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead. The doctor says don’t put your arm overhead.The only verifiable key to beating the market, which I assume you wish to do, is to a invest in a portfolio of well diversified uncorrelated index funds. With the caveat the market itself, in many analysts’ view is overvalued and for the past two years and again peaking again currently these analysts are predicting a coming disaster for all form of assets including real estate, bonds and equities. Many well informed investors have moved from stocks, and one respected analyst Mohamed El-Erain is using a bar bell approach for his investments. I have kind of neutral opinion on it though a good move seems to be to have more cash than one normally has.

Other's advice is really correct, it's time to reeducate our self about Cryptocurrency, aside from buying and holding what else would or could we do to improve our self in engaging to crypto world.

Solution to overcome panic is is only just relax your self keep away from searching don't monitor the value for several weeks or months just prepared strength to go back in crypto world after your relaxation.

do not too often see the price in the market because it will only make us more worried. try to remember your goal plunge into the world of investment, do not you want to make a profit ?. Stay patient and try not to panic.

stop thinking habits to reduce the price of bitcoin that causes anxiety and replace with thoughts about things that make you feel happy and peaceful sure also Self confidence and strengthen confidence is not easy also affected olrh others

I will tell you the strategy that I use.
So every time I see a major dip, I obviously feel panicked since I hold a lot of Altcoins. The moment value of ETH or BTC falls, it takes a hit on the value of Alts as well.
Instead of refreshing the page every five minutes, I take a break from the internet and go out to watch some movie. The movie definitely helps in lifting the mood. By this time, all the negative thoughts regarding the future of BTC begin to subside and I start becoming optimistic that Bitcoin will recover.
Then, I read the news thoroughly by going through the forums and multiple telegram channels I am subscribed to in order to know the reason for the DIP.
Once I get enough news, I settle down and take the call. If there are chances that market would fall further, I sell my assets and if the market falls down because of some negative news, I HODL till the time market settles down.
This strategy has been very helpful and certainly saves me from the panic.

The biggest and most obvious way to not worry is to not invest more than you can lose and also take bear market as a chance to develop skills like TA.

Stop looking at charts,forget for a while checking prices thats what you must do to overcome panicking coz even how hard we try to overcome with help of others,but the truth is we cant help our self thinking whenever we saw the market value

Thats the natural way,but you cant advice that when the things are happening already whe the bearish market is in front of us

 If you want to gain in this sector patience is must needed thing. So, hold yourself and if you already invested something, take it as FDR. Time will be changed and BTC price will move up.

You wont actually get any information what price would take place in the months, there were predictions but this haa no certainty that it would actually happen. Since bitcoin depends on people's decision and demand, tge price would be unpredictable and everchanging. Communities doing bitcoin might actually help, but join a private group who is really knowledgeable about the system.  The mainstream media has really the influence on the price, make sure get legit news about it.

The advice I can give you is never stop pearning about Bitcoin and other cryptocurrencies especially its graph chart because once you are able to learn about trading, the lesser you’ll panic and the more you will be confident in your strategy. Of course, seeking out advices from other people have some impact too but it would be an advantage if you yourself can overcome your fears of panicking.

For me, always do research about the value of bitcoin. Researching can help you to overcome the fear because in this youvan know when will bitcoin have a great chance to pump again. More information, more knowledge you will know and learn because of this you can have confidence to overcome your fear and panic if the bitcoin goes dump. Always remember that bitcoin will never die.

I think the best way to overcome panic is to learn to adapt. The price of the currency is not stable, when it happened down in price, people will be panic, when you experience a lot of time after such a situation, I think you can overcome the panic, so you don't have to deliberately help others solve panic, I don't think this will have very good effect

if I choose the third one, confident and sure whatever happens. The optimist is necessary in all things especially at this point.

Hi there eduvacation.net!  Those are good tips for those people just like me who sometimes got panic when the bitcoin price is falling fast. I have tried to do some of the listed tips but sometime they give me more urge to sell or buy. Example is the groups, when most of the people in the groups is saying to sell, i am pushed to sell in thinking that is the good thing. Because there are many people that are selling I just go with the flow. But later I have notice that when most of the people are selling, it is the right time to buy because most of them want to sell as fast as they can. I think what could I contribute is just stay with your plan. If you plan for a long term, stick to it and don't go with the decision of others.

I read headlines that are positve on bitcoin but for altcoin I only read the twitter updates and follow link to get informed on the projects. I always tell myself that not all projects can be successful or give a great profit, so if one or two fails out of ten it is still a profit for me.

Don't see price always because by seeing, again and again, you will be decided ownself to sell the coin in lose.And be stronger about your patient.And try to control your emotion that helps very much I think. These are my recommendations. Try this I hope will get benefits by that.

The best thing to do when it comes to bitcoin is to have adequate information, having a good knowledge of the bitcoin network will help in reducing the rate of panic at every crisis in bitcoin. Knowing how volatile bitcoin is and the way the market works will always eas your tension during dips.

it happens to me, and I'm feeling right now. worry always always blanket the mind. if bitcoin prices are declining.

I simply set an alarm for specific price. Then I'll wait until my alarm rings. In that time period, I was trying to forget all about bitcoin. So, because of that, I can overcome my panic. There are many apps that could set an alarm.

The best suggestion still goes to diversifying investment. There are two reasons are, first, as of now, may coins/tokens are independent of bitcoin specially if the platform of that token is proven, tested and used by many. Second, by doing so, you can gain different experience that is essential in investing and the good thing is you minimized the possible loss that may incur.

The solution to overcome panic is to sell as soon as possible and rebuy later.

Well for me my solution how to overcome panic , is to be patient , be optimistic and one of the main solution that i've done and it work so far so good is to conduct a search and ask my friends something like that gathered ideas and information , and after that review it that's all though. Don't panic just all of a sudden , and this is one of the common mistakes of the holders by the way, so learn to overcome it.

so again

1). Have patience
2). Be optimistic
3). Conduct some basic search
4). Review

I think everyone here must prepared before involving in bitcoin industry specially in trading, because of the volatility prices. So everytime that the price goes down we'll couldn't surprise with it and nothing to be panic. In this case do research some tips to avoid panicking. Always remember that bitcoin will rising no matter what. Be positive at all times.

I agree with the 2 points you mentioned that is to search for information and also always be sure that bitcoin will recover, but for option no 2 I feel a bit hesitant because many communities of crypto merchants give wrong information and even just think of themselves. (sorry if my words are wrong)

To your list  I would also add "use your experience".This is the very important moment to avoid panic and I beleive that experienced users keep their head cool and they don't panic because past experience tought them that market will be not red forever and that the price eventualy will go up.

To get over the panic, turn off the computer and go out to exercise or meet up with friends, do not think about it anymore, you will feel more comfortable.

To overcome the fear of falling Bitcoins we must be smart. It's not good enough. Your destiny depends on you so you should be smart.

Always read on all news. Try not to miss any news. By doing so you will immediately get a signal if the panic selling happens. To cut down on the overestimate of assets

My solution is to invest within our means, never invest more than we can afford to lose. In this case, we will not feel too stressful when our portfolio is at 50 or 70% losses.

To overcome the crisis need to concentrate and see the nature of the problem. Sometimes the solution is simple but due to not good psychology, so it should be comfortable.

I think this is more of a personal choice and any answer will have different effects on anyone. Deflation in the
market is a no brainer, it's simply beyond a normal joes control and reach. Volatility is something that makes
markets work the way they are. We either loss or profit from it, it is what it is. You can't expect to win everytime.
I think the best thing to do with declining prices is plainly hold your coins and do a lot of reading on market
news and updates. Monitor the prices if you want to, but always brace yourself since speculations tend to
elevate and excite people. Formulate your strategies and adjust if it needed be. The most important thing is
to really stay positive and open-minded.

You have some points to recover the panic selling.First you can use signals to know about the future price of bitcoin.Just check the previous price chart,then you will get belief in bitcoin.I had believe in bitcoin,this is reason I had holding some bitcoin in my bitcoin more than two months.Just hold the bitcoin.

Thank you for those information. I see people immediately sell or immediately buy when a bad or good news came out. And I found some have benefited from it while some are so early that the effect of the news mitigated in the next day. I have once watch for a news, and after watching the news I immediately post a sell option. However, rather than the price goes down, it turns out to the opposite side and I'm just unlucky to sell it off while the price goes up. Sometime acting fast is good and sometimes acting fast is not a good thing.

As the saying goes "experience is the best teacher in life"
I believe the proverb is related but the conditions are very different when we start investing or crypto traditions. I seem to see that panic will disappear when we become a whale that can control price movements in the crypto market. The next questions are what precisely prevention to overcome the sense of panic on the movement of market prices crypto?

Overcoming panic we need first to understand why we joined because  through understanding you may able to cope up your emotions. Before doing things we always consider the pros and cons and which we consider carefully so that we can make a sensible decision.

Well in order to overcome panic you must understand what bitcoin is and why its value keeps on moving.From the past few years bitcoin is increasing its value even if its price drop down for now it will still increase so you must believe and trust bitcoin so that you will oveecome panic.Also you must be patient as well.

Give you ledger to a relative so you can't touch your funds, delete blockfolio from your phone, stop watching youtube technical analysis videos and spend some time doing something you really enjoy.

so calm and watch the market often, should not invest much at this time to avoid losses. ::)

Just hodl those coins and have patience. The best thing to do for newbies is to simply forget about it for a few months and come back to it. Take up a new hobbie and then return to your riches

just hodl. thats it

Yes, thank you very much for the advice, but I did not know all this very much, I often see how people write "please help me, I do not know what to do" at the moment I have invested $ 2000 and do not regret if I lose, then I lose and do not think that I am rich, I live in Russia for a salary of 350 $ per month

Best thing to do is to have a vacation or find a good activity that will take your mind away from crypto or looking for people who had been long enough and listen to their advice. Keep yourself motivated and keep your eyes on the price.

in overcoming all things we do not panic, better calm ourselves and think long before acting forward. because all the things we do must be thought through

https://coin68.com/wp-content/uploads/2017/11/Bitcoin-Jetpack.jpg
In fact, when investing in the market with large capital. Panic can have a very bad and bad effect on our morale. can not easily pass it. But with knowledge and experience along with optimism and patience. You can calm down and maintain your stamina to overcome the difficult times. Just after the market rebound, value will give us the right to dream of more luxury. Trying to be optimistic is the best way to relieve stress in our thinking.

The best way to get the solutions to over come the panic is the finding of those communities through which we can get good information and the price movements of bitcoin in the next 24 hours because i think the bitcoin price will stable now and it is possible to start a steady rise in the bitcoin and other crypto coins so it is the best way to be in touch with bitcoin traders and those who are investing in these times and for me it is the best time to buy bitcoin and hold it.

Yes it is good because in panic situation the thread of price falling affecting you in every five minutes in this way you feel not good in every five minute and it may cause your health so don’t do this, trading is not good in this way,

The best solution that I am having right now is that I am listing all the things  I need to have and I need to learn and making my children as an inspiration in everything that I am doing, I don't have much to be on panic so just making myself being positive of all time.

I've been joined by communities that always update the bitcoin price movements and their analysis and speculation. However, most of these communities only make a group a sales event and it is very bad for a beginner who often experiences panic.

Wow theres alot of good advice here and most of it is correct!

1. Buy a cryptos

2. Then turn off your exchange

3. check weekly or ever 3-5 days on it

Agree with you, buy now is the best time to buy bitcoin and invest in crypto currency because price is now at increasing phase and price of bitcoin will increase very high for sure, at the time of investment make your plane that you will never make any exchange till bitcoin price will become the highest price ever, keep your eagle eyes on the market of bitcoin so you will grab the chance to buy at very perfect price instead of crying later on spit milk. So hold and much as you can hold.

Exactly! do keep on an on your investments but dont always follow news for making investments or cashing out!

So you are saying that education is to key to overcoming ignorance, pretty sure that is probably the most common piece of knowledge out there.

I have some better advice for the bitcoin newbie;

1. Avoid pump and dumps, you will get burned, do not believe the lies or graphs.
2. Stay away from novelty coins unless you get in and out quick, they will be dumped eventually, DOGE is an exception
3. Just because a coin is listed on an exchange doesn't mean it will be pumped, often the moment it hits the exchange it collapses to nothing.
4. Take your time, don't act too rashly, you will find that you will make better decisions after understanding the cryptosphere in general.

I could add up with that also about how to prevent or to experience panic in bitcoin investment especiallybif bitcoin market price fall down relatively in a bad situation.
So what are you going to do? Hold your investment for a while a and focus yourself in other areas of your life to keep you busy. You will avoid checking the bitcoin market price so as not to compromise the investment. Believe in it because bitcoin never fails you to profit. You will only have to trust the bitcoin and surely you will meet what you want at the end of the day. This could be the best way for you to do for now.

Theres only one solution to overcome the panic and that is only invest what you can afford to lose. If you don't care about your investment then you are not going to panic and since you are not going to panic thus your problem is solved.

3rd choice I think is most helpful, because it is true.
without faith and patience you will never achieve anything. these two points are very important if you do not have those two points then do not ever expect to be a successful person.

First of all, before you open a transaction, you must have a trading plan that determines the entry and exit levels (either profit taking or stop loss), based on good technical analysis and money management. Thus you will be more objective in making decisions.
Second, when there is a panic selling action, you must remain QUIET! Do not panic and do not get carried away.

All you have to do is DISIPLIN in following your trading plan. When you have to limit losses / cut losses, do the level you have "planned" before. Do not let your emotions influence the decisions you make. When you have cut loss and loss, do not be disappointed or sad. Be thankful because the losses you are experiencing are controlled.

The solution to overcome the panic of changing prices in all markets, we can communicate with old players who already know about bitcoin prices, what else if we can talk to traders who better understand in this field, so we are not stuck in a panic about the price ..

When the market is down there is no need to panic instead one should always keep in mind to do research before investing on any commodity to avoid panic, in every financial markets there will be highs and lows like wise in the crypto market the price of bitcoins has reached from perils since its inception to above $ 7000 as of today, the price of bitcoins had a huge hit last december and has reached upto $ 20000 USD but the market had a plunge and the price is stable for some days and reached the point of around $ 7000 USD mostly there are chances for the prices of bitcoins to rise by the next quarter due to high demand of bitcoins in the crypto market.

My advice, you should be patient to wait for bitcoin prices to go back up again.
And you have to be sure and believe that bitcoin prices will definitely be stable again  ;D

The solution is to divert all your energy to something you can better well take control of. You have to understand that once you enter in the world of cryptos, you really cannot take control of the money you have invested; in fact, your only control is when you decide to HOLD or WITHDRAW. Other than that, you have no say on what or how the market will be. What is worse is the crypto market per se is fluctuating over and beyond what is expected of it. All I want to emphasize is for you to have a better understanding on how crypto's market works because when that happens, you will know how to deal with panic selling thereby avoiding incurring huge losses.

Some possible solutions might help, for example
- Do not get easily instigated by oblique issues about bitcoin. Always digest the information and confirm the truth before catching the conclusion.
- Master or learn more about business and cryptocurrency. So you can know the crypto situations, and understand what steps should be taken.

The best way to overcome fear is to relax and stop negative thinking. Most specially in the journey to crypto, where it has its flaws and bumps. Bitcoin's price is volatile and is unpredictable. We sometimes fail and fall, but our respond to panic is all that matters. Let's all be positive and learn how to control our feelings. Always think that you are not alone, we are one in this journey, we are here to work and help each other.

the market is extremely sensitive to negative news more than to positive news, and panic moods are created at one time, linking things independent of each other and events. Despite all this, BTC has already managed to win back almost half of the lost and is now trading at around $ 10,000.

Check its recent price history, like year's trend. You'll observe that the price really went up high before the year ends. Joining communities or group is good but not always. You'll observe that in these groups where you can see a lot of FUDs and speculations based on nonsense.
I like your number 3 item. That's the most decent thing to do these days. Be confident, remember that Bitcoin's price is too way much cheaper years ago that today's prices.

Take a deep breath to exhale slowly and remain calm

Better to not know much about it, you will either get mad or get addicted to it LOL

Best way to overcome panic is to know that blockchain is the future and will change our world

Just relax, ignore those negative news, stop checking the price everyday to prevent emotional distress by that you can control your emotions to become not a panic seller, hold your crypto be more patience and trust the process.

Each of us has its own experience at the panic stage especially those time that we are new to this world of crypto because i myself has already experienced it. When i first invest in bitcoin. Well probably i really don't know how it works and suddenly experience some decline. I panic at that time and ask myself if i do the right thing to invest but after reading some news and information. My panic is gone little by little. I suggest that don't overthink of our investment. Educate ourself of what is happening in the market. Just relax. We dont have to get panic because if we do, we might get a big lose of what or how much we invest.

To face all these problems I tend to rely on confidence and optimism that in the coming months prices will rise again so that panic can be avoided and anticipate the occurrence of large losses.

start looking for positive information / rumors and join an ever-optimistic trading community with many advantages of altcoin, when bitcoin prices have not found improvement, then we do not need to panic with too many rumors. ignore and start looking at analytics charts on the market because when prices go down-we can still make a profit out of the fluctuations.

For me I just relax and set back, I know it is just temporary, bitcoin and other top cryptos will rise again, I have faith and trust in bitcoin that its price will not go back to dip.

One thing is to have a sit, make coffee and sip, sit back and relax! Bitcoin is about strategy and knowledge not rushed decisions or anything else.

If you are scared that you will lose your investment just because the price in the market is dumping then try to read positive speculations and different news about cryptocurrency so that it will boost your confidence for holding your coins.

I generally dont agree to posts like this but I would say yes. Calming down the disturbed mind helps a person to focus and think logically their next step. They may want to trade according to the market but get adverse results if they would take stubborn decisions.


But that is technically a type of shill promoting yourself being one of the shills. Not something that I would endorse but if you can manage to make money off it then its good.


Too much coffee will make you insomniac. A trader needs to take proper sleep to keep their minds fresh. :)

The best possible way to avoid panic decisions is to keep the maximum negligible amount in crypto so that even in the worst market situation, it won't affect the lifestyle routine and thus there won't be any pressure of taking any decision in such situation. I have observed that patience is the most crucial factor when things are moving in the worst direction and most of the impatient investors suffer in such cases. Risk assessment, the right information and in-depth analysis are the keys to keep calm in my opinion.

I think panic is a kind of emotion. In the encrypted world, panic is common. We all know that the encryption market is always accompanied by a sharp rise and fall. I think the best way of customer service panic is to calm down at once, and leave as much as possible to do something else. Do not join the group or community of encrypted businessmen at this time, because when everyone is more panic, gathering together will make the mood magnify, and I rarely go to the telegraph and twitter when the market plunge.

I personally recommend in such situations to postpone all trade and just do some useful things.
The whole problem is that due to lack of experience you can lose most of the deposit.
So if you are not a professional trader, it's better to look at the fall from the side.

 The arrangement is to redirect all your vitality to something you can better well take control of. You need to comprehend that once you enter in the realm of cryptos, you truly can't take control of the cash you have contributed; indeed, your exclusive control is the point at which you choose to HOLD or WITHDRAW. Other than that, you have no say on what or how the market will be. What is more terrible is the crypto showcase fundamentally is fluctuating over and past what is anticipated from it. All I need to underline is for you to have a superior comprehension on how crypto's market functions since when that happens, you will know how to manage freeze offering along these lines abstaining from bringing about enormous misfortunes.

Very sensible opinion. When we join the crypto community in one of the social media services the risks can be even worse when everyone in the community feels the same panic about the sharply depressed market conditions and joining there is not the right solution to overcome the panic that occurs someone.

One thing you can do that every week you may post some of such topics. you will get suggestion as well as merits too ;)

Don't move on your own, be smmart and try to join a crypto group in twiter or telegram. it would help you a lot

I think joining a community can help to overcome panic.In the community, you will got the oppurtunity to share your thinking and can also know about the otherss.When you will find that not only but also a number of people are in the same position of you,then you will got strength and can be mentally consoled. So,you won't panic anymore.

Bitcoin is good for long-term investment. but short-term investment is more rewarding. because the price of bitcoin quickly changes and prices fall.therefore, when the price increases, then the cash will be converted and the price will be reduced and the purchases of Bitcoin should be kept more. Thus, profit can be achieved with caution.

Huh? Seriously? Is that how newbies are trying to get merits these days? In that case I am putting a note in my personal calender not to give merits to newbies making threads about vague questions. >:(

No. Dont listen to any twitter or telegram channel for helping in trading. They are full of shills who would drop their skirts and raise their backsides to everyone just to get the investors money into their project. Do your own research before investing in anything.


With caution? I would say with proper predictions and being able to understand the news and FUD one can place profitable orders.

Your suggestion you good mate, this idea will help people to overcome panic selling. And in addition, believe in your self, to the team of what coin you have that it will gain high price in the future. Before putting up investment in some coin, make sure you have a lot of research about it because once you did it all ready, you have no emotuon like to panic

The best solution to overcome panic is knowledge. If you know all the aspects how Bitcoin and the market is functioning it will be much easier. Also some previous experience in trading techniques could help.
The worst thing you can do is to get involved with cryptocurrencies without any knowledge and with some false information. Listening to different so called cryptocurrency gurus and false infomative blogs will not help either.

I think, the solution to overcome panic is to be calm and think it if what is the best to do if will have a problem. If you have a problem you do not know if what is the solution because, you panic the best you doing is just be calm,relaxe and think it what is the best solution to your problem. All problem have a solution just think positive and trust yourself.

You should not panic.
You have believed in bitcoin then you do not have to worry about it.
Before using bitcoin you should already know in detail the shortcomings and excess bitcoin.

The only solution to avoid panic with decking bitcoin prices is that you should do proper anlysis of past performance. If you have seen that prices had recovered multiple times in past, you will not panic.

Remember one policy the more it falls down the better its chance of rehiking

Patience is the best solution at this time as we all know the market is in a very bad downtrend at this time but instead of getting panic and selling coins will give you loss and tension both best option is to hold and have patience I am sure soon the market will recover.

Sometimes it is not enough, specially if you are sensible.

Knowledge is good when you know what you are doing, but if you are new in here, and you are here to make money, then why would you want that knowledge?

I agree.. at some point.

Unfortunately, many newbies and even old investors don't do their own research which later results in such situations. They panic sell because of FUD which they could have avoided easily. People tend to follow decisions of people they look up to. Let's take McAfee as an example. He will advertise ICO for only 100 thousand dollars which is not that much if you take into account amount of his followers and money that ICOs earn.

Better to not depend on others just follow the coinmarketcap.com for the upcoming probable price hikes and do accordingly

i agree follow yours intuitions and do what you belief. Doing a lot of research about bitcoin is a good thing and you can make it as your material to decide your action. The market is so volatile right now its really annoying and make me nervous to hold my coin when its going down but im sure somehow it will bounce back.

overcome anxiety trying not to be easily affected by other things that make you worry over and over until bored and Dispose of all your panic and use logic to overcome these concerns always think positively well again when the bitcoin price drops 8)

Needless to say and it goes without saying. Bitcoin is the thing of the future. One can either embrace cryptocurrency or get left behind.

the sulcus for many boards is just a nuisance because if you think it's just losing it with the purchased altcoin or bitcoin it's not the salesmanship that's just bought altcoin or bitcoin the good way to do is just hold you so you do not get lost

I am also a beginner here, I still need a lot of theory to be able to learn. Maybe I can learn from the exposure thread-thread available here, and I also can learn from the seniors who are here. I'm sure the seniors who are here already have a lot of knowledge and experience about the world of crypto. I did so in order not to panic in the face of a volatile crypto situation. Furthermore, in receiving input from others it should first be filtered do not directly follow the words, we must have the principle to be selective in choosing the right input for us, so as not easily shaken by others and circumstances.

I do it regularly. My morning starts with the visit to this site. I am checking the progress or the regress of the coins. As I see, today the market is ready to recover, but still, its volatility is extremely high.

There are many ways in which one can avoid panic in crypto sphere,  1) stay around people who have been in the game already and have experienced what is going on over and over again.  2) don't sell after panic because you heard about a news, always try to make sure that every information received from you are genuine , then seek advice from those ahead to ask if you can sell or hodl

Surely it would be better if it has good market analysis capability. Not only fix on one market but also compare it with other markets to determine the best price. It depends on the experience and willingness to learn. Do not be shy to ask a friend or someone who is more understanding.

Thank you for your advice, and I agree with you. I have another suggestion in addition, that is to be patient to wait by following some gift campaigns, maybe with that activity, our panic will diminish by itself. We try our days there are always activities that we do. I'm sure the panic will disappear within us.

as a coin holders, i can feel the panic inside if coin price is falling greatly.
but for now, i know that when cryptocurrency falling, it will be rising again in the future.

The only solution to overcoming panic is to only invest money that you can afford to lose. Doing otherwise will result in guaranteed panic at every large price drops as there is a chance of you losing your hard earned savings. Also patience is a key in trying to not panic and try to avoid watching the price of your coins every few minutes or hours.

You have a point there mate,i know sometimes we can be skeptical on the price drops that it might dumped more and become worthless but we have to believe in bitcoin.It had made already its name in the market and more people  entrusted their wealth on bitcoin even if they know the risk  involve in investing in crypto.There maybe altcoins that also exist but i still prefer to trust bicoins capability.

You just don't have to sell your bitcoins, that's all. Moreover, I recommend not to follow the price at all, but just to forget about your investments for several years.

Thank you for the advice about panic, it is very necessary for beginners and especially impressionable investors.

Man, I must thank you for this post. Probably the decision might sound a bit simple, but it will work surely. I also do believe that the more information about Bitcoin, its benefits we have, the less will be the level of panic (if it even appears).

When I take decisions on crypto-currencies I look at common sayings in the world media and do the opposite. The media are controlled by the world's rich people who earn money by misleading ordinary people.

thats for newbie , well we as bitcoiners rookie or already experience should contribute
we are all affected in bitcoins movement , as newbie yes i agree with your 3 pointers

to those experienced , i myself whose trading bitcoin for 2 years now i cant say that im an expert

im still exploring but i can say im ahead to some, as an experienced bitcoiner i suggest that we should

share our knowledge to newbies , feed them with pointers that can help them grow and trust and believe

in bitcoin.

Because the market is very stressful, people working in this market can be extremely stressful and very tired. It is not easy to come up from the panic, but it is possible if desired. It is enough to be knowledgeable about it and to make appropriate movements in the direction that the market can go. In addition, faith and patience are required.

Determine long-term investment in this market so that you do not have to worry too much when the market fluctuates because fluctuations in financial markets are very normal. I believe that bitcoin will achieve great value this year so investors should not be so worried about the value of bitcoin at this time.

I think the best thing to do is to set a month on when you were planning to sell your coins. By doing that, you can avoid worrying too much and it lessens the possibility of panic selling. In my case, I was planning to sell my coins by December because that is the time that I needed the money. If this doesn't work for you, try joining a group where they are encouraging to hodl bitcoin. I am sure they will also have predictions that can help you boost your confidence on your coin.

I've been into panic since i started doing crypto and got here on this forum. But luckily, i never let my feelings control my mind. What i did is just believe that everything is going to be alright and i never look at my wallet and the cryptomarkets for about a month that time. When i came back and got to check it, i was just amazed with what i saw. All is GREEN.

4. Sell it and invest in other low priced coins or promising ICO projects.

If you use it as payment method, the current price anyway does not much play a role. But I can not understand what investors think when buying at $8,000 or $9,000 per coin? I mean price was $10 per coin in the early stages, why buy so high then? Tell me your strategy?

You are going to experience a lot of that here in cryptocurrency market. Because the market here is unlike stock market. The price is very volatile and pump & dump does really exist here. So set your mind and be prepared. You need strong balls here. When you see Bitcoin go down, do not be afraid. It is a normal phase of Bitcoin and it will go up again. Just follow a few trusted people/group when you want to have updates about crypto. Do not follow too much because it will make you confuse to decide.

Panic is all mental. when you decide to be paranoid and fear creeps in then panic will take over, he problem is it costs you more often than not. the only way is to relax and make sure you are will informed with the right kind of information before you start panicking

the best solution from me is keep holding. and stay relaxed, do not panic selling. this is just the scenario of the whales, they control the bitcoin price. so make the trend to get a big profit. for lessons, use only a portion of capital when the price is high. because it has the risk of falling prices.

its normal for the newbies like you lack of knowledge about the bitcoin information how to handle properly of your asset.
1. information are very important those have bitcoin or altcoins
2. joining in the signal groups are depends on the holder's monitoring into the coinmarketcap are enough for me.
    the advantage joining in the signal group if your working in trade day job.
3. as newbie i suggest to all need to get skills and learn the importance of virtual crypto currency how bitcoin recover to the value after the price dip
    of course yes people full understand how bitcoin recover after decrease  are very confident without worrying.

next time if the bitcoin price falling dump do not panic and do not listen to the fuds making panic with you.

Panic is just a normal feeling specially when we see the price is falling down but to avoid this kind of feeling is just relax and sit in the corner and don't always monitor the price and come back later.

Not all community can give you all those benefits. Some communities just keep telling lies and spread FUD in their discussion. The best way to overcome panic is we can ask our "pro" friend. You'll always have one friend that more knowledgable than you, cool, and not affected by FUD. It means you can ask him first if you can't even decide what to do.

I will simply advice that you stop watching the price chart. It sometimes becomes very difficult to avoid selling when you see that you are loosing. You can avoid this by staying away from the price chart

always remember in every investment there is a possibility that the your investment might lose, there is always risk in everything not just crypto but in fiat also. You should not invest on anything that you can't afford to lose because that is a very huge risk. we know that a lot of people invested on bitcoin even they don't know what is happening when the price drops they will pull out their investment and that is the big problem for a lot of investor, they don't study first what are the risk the will happen on their investment and the result is lost. bitcoin will sure recover in the future.

I agree with you. Besides, they can't stand still on their decision. They tend to explore more things that can influence their trading decision and I have to admit I am also one of them. I usually make panic selling when my asset falling. Thanks to you, it opens my mind to further ask a competent person and learn more about it. I hope this forum will be always useful to every newbie out there.

I think how to respond if the price goes down requires a lot of speculation such as check the history of the price recently happened how the movement, like the trend of the last few months / last few years.You will observe that the price actually rose before the end of the year. Ask for information on about market conditions ,to senior bitcoin that you trust. The most important thing is that confident, remember that the price of Bitcoin is too much cheaper last year than current prices, remember many things that can happen to the market every time.

I agree with that mate the only survival to do is to hodl bitcoin trust bitcoin that will recover soon this happening of dumping of bitcoin is natural. Learn applied patience that will make you to success in the end.

Yes, I think that is a normal reaction to people especially new with cryptocurrencies since they were affected with the sudden drop in price. Let's bear in mind that cryptocurrencies will also undergo bear market or fluctuations which I think is normal in cryptocurrency market. If anything like this will happen, just stay cool and just wait until it will recover. Sometimes it will took for a while to recover it's market price and that is what usually happens. Hold still your coins, that's it.

When I see a drawdown beginning, I just stop looking at the price. I feel much calmer when I'm not watching this constant fall.

We all get confused sometimes - and in this line of work, frankly, there is no one who will be able to calm you down when everything around you is crumbling.

Often this is not the efficient way - as most of short-term analysis is based on technical indicators, which tend to lags (as they were created to describe stock market)
and overall are not that amazing to predict shifts of a highly volatile asset like cryptocurrencies.

Sometimes you will only be more frustrated by the info you may collect there - as people there tend to be scaremongers.

Analyzing bitcoin prices is a very difficult price and worth to see from the results and very large. and also miss prediction always potential . so the most fundamental is looking at in the amount of buying volume compared to selling. Because actually if you buy with a large nominal value you will surely be careful with the assets you have. as well as wasapada with every action of the market that you do.

We have the same thoughts, in my opinion to solve the problem og having a panic about holding and buying bitcoin is to seek for information, read some books, talk to other bitcoin users, it will help you a lot. Another thing is to try to take a risk, although it can gives you a lot of fear but at the end it will gives you a lots of experiences.

I think your solution isn't a bad one but will your mind really stop watching at the price when there is a drawdown on the chart ?
Telling yourself is easy but make yourself don't do it really is a challenge because everyone is curious about their investment and that will force them to do the checking price.

The solution is relax your mind before find the price if value will increase or decrease for stop panic and feel better

The arrangement is to send all of your vitality to one thing you'll higher well lead of. you would like to understand that when you enter within the realm of cryptos, you actually cannot lead of the money you have got contributed; so, your exclusive management is that the purpose at that you select to carry or WITHDRAW. apart from that, you have got no say on what or however the market are. what's additional terrible is that the crypto showcase basically is unsteady over and past what's anticipated from it. All i would like to underline is for you to own a superior comprehension on however crypto's market functions since once that happens, you may acumen to manage freeze giving on these lines abstaining from conveyance concerning huge misfortunes.

You are going to experience a lot of that here in cryptocurrency market. Because the market here is unlike stock market. The price is very volatile and pump & dump does really exist here. So set your mind and be prepared. You need strong balls here. When you see Bitcoin go down, do not be afraid. It is a normal phase of Bitcoin and it will go up again. Just follow a few trusted people/group when you want to have updates about crypto. Do not follow too much because it will make you confuse to decide.

Panic is all mental. when you decide to be paranoid and fear creeps in then panic will take over, he problem is it costs you more often than not. the only way is to relax and make sure you are will informed with the right kind of information before you start panicking

the sulcus for many boards is just a nuisance because if you think it's just losing it with the purchased altcoin or bitcoin it's not the salesmanship that's just bought altcoin or bitcoin the good way to do is just hold you so you do not get lost

I've been into panic since i started doing crypto and got here on this forum. But luckily, i never let my feelings control my mind. What i did is just believe that everything is going to be alright and i never look at my wallet and the cryptomarkets for about a month that time. When i came back and got to check it, i was just amazed with what i saw. All is GREEN.

You are going to experience a lot of that here in cryptocurrency market. Because the market here is unlike stock market. The price is very volatile and pump & dump does really exist here. So set your mind and be prepared. You need strong balls here. When you see Bitcoin go down, do not be afraid. It is a normal phase of Bitcoin and it will go up again. Just follow a few trusted people/group when you want to have updates about crypto. Do not follow too much because it will make you confuse to decide.

Panic is all mental. when you decide to be paranoid and fear creeps in then panic will take over, he problem is it costs you more often than not. the only way is to relax and make sure you are will informed with the right kind of information before you start panicking

I've been into panic since i started doing crypto and got here on this forum. But luckily, i never let my feelings control my mind. What i did is just believe that everything is going to be alright and i never look at my wallet and the cryptomarkets for about a month that time. When i came back and got to check it, i was just amazed with what i saw. All is GREEN.

Needless to say and it goes without saying. Bitcoin is the thing of the future. One can either embrace cryptocurrency or get left behind.

I've been into panic since i started doing crypto and got here on this forum. But luckily, i never let my feelings control my mind. What i did is just believe that everything is going to be alright and i never look at my wallet and the cryptomarkets for about a month that time. When i came back and got to check it, i was just amazed with what i saw. All is GREEN.

Well first you have to calm yourself physically before taking some actions on overcoming your panic. Drink lots of water and get your mind set on the problems. Do not over do yourself as it will create panic again. And the best thing of all consult your friends and ask for some advises. Open yourself to others that is the best move to make.

Make your nerve steady and determinations  firm and start accumalating for next move

Don't believe others, whatever good or bad news may be, try to research and know the matter yourselves.

It would be better to get in an creative and well built crypto community for fresh debates

remember that panicking is not the solutinon, we havent go through the worst side of btcs yet. Think that and be strong

Inhale three deep breaths. calm down.

just know when you panic and sell bitcoin you have at a low price it will make things more difficult !

in such moments of panic - do not panic)) in any case, he adds, by the end of the year 35,000 promise, and in any case if you play the amount you have entered - you will not lose anything

The solution to overcome panic is to believe in god then you will never panic

pause and then breathe

Just pause and think about the outcome of the situation and how bad it can turn out from the actions you make and what you need to do in order to make the situation from worse to better

To not panic in any situation, I think we need a stable soul before anything can happen. As well as about virtual currencies and investments, if you do not want to panic about the risks should be prepared mentally.

Much the emotional bondings with money and expectations, more will be panick afterall you already know you may suffer loss here

You should try to calm down and try to remember something like your beautiful past.

To overcome panic is easy for me if you encounter a situation that makes you dread to breathe evenly and regain calm.

Always stay calm, be yourself and take things cool no matter what the situation is.

Always stay calm, be yourself and take things cool no matter what the situation is.

Fist of all is try to relax yourself. Think only positive during those times. Presence of mind on what you are doing.

Listen to funny songs, have a phone call with my friends or family.

always make sure you're breathing

When I feel panic I try to eliminate it by going to relax for a moment to the beach, or I choose to watch dramas that I like.

Well the stability of the value of bitcoin is just normal whether is goes up or goes down so don't worry about it. You just need to wait and take some time to hold your coins and when it reaches your expected amount then you can get it now.

I would say you would have to find your triggers and learn to cope with them because I think you’d want to avoid panic overall not only learn to manage it

To prevent panic selling for our coins we should know about the tactics or techniques in terms of investment technology, try to read details and observe the prices on market. Before you decide think first and determine what may happen .