Bitcoin Forum

Economy => Trading Discussion => Topic started by: tigerwood0432 on November 29, 2022, 05:45:46 AM



Title: Why everybody is panicking ? Its a game of greed and fear !
Post by: tigerwood0432 on November 29, 2022, 05:45:46 AM
Guys , do not panic , its a cycle , everytime btc loses 60 to 70 % , it will recover with HUGE profit , check : graphics 10 years . always the same .

From years now we are trading btc , its always the same patern .

Btc lose 50 to 70% then price bounce x2 x3 x5 .

Its all a game of greed and fear

Some good advices for investing and trading :

1 ) - stop listening to twitter/shit medias ,  bitcoin " advisors or consultants" usually they are paid advertisements from btc whales to buy lower or to get more profits in their shorts : panic panic panic : china china china , russia russia russia , SEC SEC SEC inflation inflation inflation . ....... all bullshit

2) - Buy small amounts at a time , we are buying at 19k , 16 k , 14k , 12k , 10.1k , 7.25k wherever it goes we keep buying . This is how big financial funds and big traders are averaging their buy

3) Go for long term investment , ask yourself : what will be bitcoin price in 5 years from now ? Going to zero ? Going to 250k ? stay at same price ?

- If goes to zero : (which i highly doubt , because if goes lower , HUGE investors will buy the opportunity) BUT AGAIN : Never Invest Money You Can't afford To Lose .

- if goes to 250k => bingo !!!  (just be patient and for god sacks stop reading these twitter posts and shit medias talks , its all  manipulation )

- if stays the same , then nothing lost , no reason to panic .

Stay strong guys , Bottom is near , many "panic" traders already sold their assets at a loss  , soon there will be no coins to sell ahaha , only buying opportunities

Happy trading


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Jawhead999 on November 29, 2022, 06:02:52 AM
I think there's a bunch users already create similar topic about "DCA, only invest that you can afford to lose and Bitcoin history"

It seems there's no new discussion and everyone keep repeating the same discussion, almost everyone already know that and it's nothing need to remind everyone. If they're panic, then it's good since we can buy their coins, if they're not panic, we can't buy the dip lol. So I'd thanks for those newbie who panic and then sold their coins for cheap price.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: SOKO-DEKE on November 29, 2022, 09:13:48 AM
Panic, in my opinion, is the result of ignorance of bitcoin and cryptocurrencies, which also results in a lack of confidence in these technologies in general. It is impossible for newcomers who are only interested in Bitcoin to remain calm in the face of such a situation. What do you think a beginner who purchased Bitcoin for $30k and it is now only worth $16k per Bitcoin will be feeling? He will undoubtedly be uncertain whether to sell or not.

And a lot of individuals are  panicking because they have invested what they thought they had not invested, particularly those who are timing Bitcoin market prices in the hopes that if they invested hug sum of money they can profit big in due time if Bitcoin pumps, which puts them at undue danger.


I believe a lot of advice have been given in the forum many times, to only invest what you can afford to lose, so to avoid worry over the bear market.





Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: socks435 on November 29, 2022, 09:42:05 AM
Who do you think is do panic selling? I think its normal to see the price of Bitcoin drop. Look Bitcoin history have a cycle if you are here for very long time or if you know the history of Bitcoin then you shouldn't be panic.

However, since there are some potential to make profit selling it is the best choice and buy later for cheaper price. That's a normal cycle of trading.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: kamvreto on November 29, 2022, 03:13:34 PM
why tell everyone? not everyone experiences panic which results in failed trades, more precisely some people panic because prices continue to fall and losses are increasingly visible.
Panic is included in the category of psychology that will affect the trading process, some people can control it because they already know where their limits are.
about some of the suggestions you mentioned, I believe it's good to apply. only how to control emotions properly so that panic and greed do not occur.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Strongkored on November 29, 2022, 04:41:21 PM
only how to control emotions properly so that panic and greed do not occur.
Not panicking and being greedy in trading can only be done by a trader if he has gone through a lot of trading activities because he should be mature in thought and when he is about to make a decision, but this is really not easy to be calm when the price of BTC has decreased alot, mostly traders not only trade on the BTC-USD pair but also altcoins and seeing a decline in altcoins can trigger traders to panic but traders who only trade on BTC will understand the cycle well


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Lucius on November 29, 2022, 04:41:55 PM
~snip~
Stay strong guys , Bottom is near , many "panic" traders already sold their assets at a loss  , soon there will be no coins to sell ahaha , only buying opportunities

I guess you've seen a lot since 2013 on this forum, so we can say that advice from old members has a certain weight. However, I would still leave speculations about the absolute bottom in the speculation zone, because it is difficult to say what awaits us in the coming months, and some persistently call for another big crash.

Considering that many CEX these days announce how much BTC their companies have in their wallets, all these millions are hanging over our necks - because they are not there just because their owners are convinced that it is a safe place, but they are ready to sell them if the opportunity arises. In the long term, we all expect a new ATH to happen, but we will have to be patient for that - Santa Claus brings some less valuable gifts this year ;)


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Flexystar on November 29, 2022, 04:46:34 PM
2) - Buy small amounts at a time , we are buying at 19k , 16 k , 14k , 12k , 10.1k , 7.25k wherever it goes we keep buying . This is how big financial funds and big traders are averaging their buy

The way it is said, it's entirely right. This is traditional and well known strategy in the real world, where its formerly known as "DCA" or Dollar Cost Averaging. The way it is stated here, you have to keep buying the crypto at various entry points and the entry points are nothing but at what price you are buying. This has to be versatile and should take your investment to such cost that your BEP always keeps dropping and thus it becomes very easy for you to break the profitability window once market revives from lets say bearish trend such as current one.

This is most logical explanation to this strategy. I might have used too much layman language while explaining it but this is just to make us understand in the simplest way.

In fact for those who might have bought very high prices, now is the good time to buy and bring down the BEP.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: rhomelmabini on November 29, 2022, 05:16:35 PM
Guys , do not panic , its a cycle , everytime btc loses 60 to 70 % , it will recover with HUGE profit , check : graphics 10 years . always the same .

From years now we are trading btc , its always the same patern .

Btc lose 50 to 70% then price bounce x2 x3 x5 .

Its all a game of greed and fear
When the space is getting bearish, I'm trying to eliminate the noise around and just enjoy DCA and the profit I made from the last bull run. For me it's a game of discipline and if you do, it will totally give you the best of things in return. We may never know if 70% is the bottom this time around, historically, Bitcoin can go lower to 80% which may pull down around 30-40 percent of the current value.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: hyudien on November 29, 2022, 06:01:46 PM
1 ) - stop listening to twitter/shit medias ,  bitcoin " advisors or consultants" usually they are paid advertisements from btc whales to buy lower or to get more profits in their shorts : panic panic panic : china china china , russia russia russia , SEC SEC SEC inflation inflation inflation . ....... all bullshit
This point is often not realized just because they get information from the data presented. But indeed at this time, the media is manipulating people to be inconsistent on the path that Bitcoin should be. We are easily moved by bad issues that force beginners to give up what they haven't been above and sell it in the era of panic. Almost everyone feels it including me personally. Especially when the issue is proven by the recent crash that has shocked the crypto market. The FTX case this year has made both investors and traders panic uncontrollably because they put too much trust in centralized exchanges. Buying and withdrawing assets from a centralized exchange is the right choice for now.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Myleschetty on November 29, 2022, 06:22:45 PM
Point of correction. Not everybody that's panicking and from my own understanding of cryptocurrency. Ignorance about bitcoin and cryptocurrencies is what leads to panic.
It's also a game of understanding and knowledge, not greed and fear which are the exact thing that led to the loss of naive crypto investors.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Hamphser on November 29, 2022, 07:46:39 PM
Point of correction. Not everybody that's panicking and from my own understanding of cryptocurrency. Ignorance about bitcoin and cryptocurrencies is what leads to panic.
It's also a game of understanding and knowledge, not greed and fear which are the exact thing that led to the loss of naive crypto investors.
If everybody is on fear then pretty sure we arent supposed to see 15-16k price point which it would really be more lesser but since the community do able to hold up this level then this do proves out that there's a

solid support into this area.Despite of the of negative news that we had faced or see into this current market events and conditions but still it was able to hold up.
This is where you do able to differentiate a trader basing up into their actions and moves towards this situation which its really that very bearish.
No one really knows on when this market would really make some u-turn.You would really be panicking if you arent that aware on how this market moves or behaves.
For those who are old and does have experience then they are surely aware on what they should gonna do.So it does vary on someones level of awareness and experience.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: GeorgeJohn on November 29, 2022, 10:16:22 PM
As strange as it may sound, this is to be expected. It is important to understand that the market is partly a game on the feelings and emotions of traders. So, it's all quite understandable.
The one of the reasons while some people are curious or panicking to sell out their coins, is because, some of the investors mindset in cryptocurrency is that the price will not quickly ressurect, and it's obvious and understanding that cryptocurrency is unpredictable and can be described as market rotation. Because no one can have the time of the bullish even been a master of chart interpreter.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Issa56 on November 29, 2022, 10:39:38 PM
1 ) - stop listening to twitter/shit medias ,  bitcoin " advisors or consultants" usually they are paid advertisements from btc whales to buy lower or to get more profits in their shorts : panic panic panic : china china china , russia russia russia , SEC SEC SEC inflation inflation inflation . ....... all bullshit
Some people panic and sell their bitcoin just because of what they hear on social media, i have seen lot's of people saying bitcoin is going to die which is impossible, Bitcoin is not going to die, Bitcoin have faced lot's of challenges in the past and it didn't die so even now bitcoin is not going to die, the highest thing that can happen is that the price will dump but if you can hold its definitely going to bounce back. If you keep on listening to what people are saying on social media then you are not going to invest.
3) Go for long term investment , ask yourself : what will be bitcoin price in 5 years from now ? Going to zero ? Going to 250k ? stay at same price ?
The main reason why some people lose interest in bitcoin is because they believe bitcoin is a get rich quick scheme, most of them believe if they just invest their money immediately they will be in profit which at the end if they invest and bitcoin keeps dumping, they always end up losing interest, Bitcoin is not a get rich quick scheme so if you are investing, then you should be prepared to hold for long term.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Quidat on November 29, 2022, 10:52:35 PM
As strange as it may sound, this is to be expected. It is important to understand that the market is partly a game on the feelings and emotions of traders. So, it's all quite understandable.
The one of the reasons while some people are curious or panicking to sell out their coins, is because, some of the investors mindset in cryptocurrency is that the price will not quickly ressurect, and it's obvious and understanding that cryptocurrency is unpredictable and can be described as market rotation. Because no one can have the time of the bullish even been a master of chart interpreter.
When you do have that kind of mindset on which you do really believe that you could make yourself rich in no time then you are wrong.The reality of this market will
really tell you that this isnt the thing that you are expecting to see.For those people who do panic are the ones who had been expecting too much or really that bullish
which  they do really believe that this space would really be continuing to rise up and make those investors do make huge profits which it isnt the case on what we are seeing now.
Market does have its cycle whether it could really be on bearish or bullish side and also it does have that sideways or consolidation period.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: harizen on November 29, 2022, 11:04:44 PM

Just come to think of it, especially for those new players in the crypto world.

The $10,000 price before is considered a moon price but now, let's say the Bitcoin price dip on that level, it's a big crash to consider already. Remember that the current price today is a price that everyone treated as a dream price before.

What I'm saying here is, just trust the process as bitcoin will just continue to move forward no matter what. Patience is the key. Instead of being panicked, why not just take advantage of the current situation as you might not see this kind of floor price again when the bitcoin price rallies again?


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: qwertyup23 on November 29, 2022, 11:33:12 PM
I think there's a bunch users already create similar topic about "DCA, only invest that you can afford to lose and Bitcoin history"

It seems there's no new discussion and everyone keep repeating the same discussion, almost everyone already know that and it's nothing need to remind everyone. If they're panic, then it's good since we can buy their coins, if they're not panic, we can't buy the dip lol. So I'd thanks for those newbie who panic and then sold their coins for cheap price.

Like what I reply to similar posts like these, you have to understand it from a perspective of a person who owns hundreds to thousands of cryptocurrencies at his disposal. This implies that the slightest movement of its price could mean a gain/loss of thousands of $$$ on his end. That is why, some people do fear the loss and somehow panic whenever there is a significant drop on the price of BTC.

Bearing this in mind, what could be a good strategy to prevent your cryptocurrencies from dropping its price further? Again, always have a contingency plan. Trade only up to a maximum percentage of a certain value and cash them out as quickly as possible if you see a profit. A 3-5% profit is always better than a 3-10% loss.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: kotajikikox on November 30, 2022, 03:30:23 AM
Guys , do not panic , its a cycle , everytime btc loses 60 to 70 % , it will recover with HUGE profit , check : graphics 10 years . always the same .
I am not one of those panicking because I look at this as positive effect and instead of selling I panic buying as much as i earn capital to keep holding.
Quote
From years now we are trading btc , its always the same patern .

Btc lose 50 to 70% then price bounce x2 x3 x5 .
and even more than that if we will look at the younger years of bitcoin.

Quote
Its all a game of greed and fear

Some good advices for investing and trading :

1 ) - stop listening to twitter/shit medias ,

2) - Buy small amounts at a time ,

3) Go for long term investment ,


Happy trading
all points are noted mate and yes this is my attitude towards crypto for years now and it really works waiting than panicking .


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: worle1bm on November 30, 2022, 07:16:33 AM
The whole market is crash at this time and panic among investors is normal but those who have long term holding in mind will not be affected much but the thing is best only if you are holding bitcoin with you not other worthless tokens that won't be able to recover after this whole scene.Otherwise you will also come under those who panic sell their coins in the market.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: cheezcarls on November 30, 2022, 11:52:14 AM
We can’t really avoid from getting panicked anytime without warning. It really depends on each other’s financial situation, and timers and experts aren’t exempted from that.

Most of us especially the newbies and beginners are prone to having panics while the market goes down and/or getting scammed or hacked. It’s all about understanding how the market works and accept the fact that there are no promises or astronomical guaranteed returns by just treating what we spent as “dead money”.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: kamvreto on November 30, 2022, 12:07:05 PM

Not panicking and being greedy in trading can only be done by a trader if he has gone through a lot of trading activities because he should be mature in thought and when he is about to make a decision, but this is really not easy to be calm when the price of BTC has decreased alot, mostly traders not only trade on the BTC-USD pair but also altcoins and seeing a decline in altcoins can trigger traders to panic but traders who only trade on BTC will understand the cycle well

But it's not entirely true, trading on BTC will also have the risk of unexpected declines, especially if trading Futures, it will be riskier. Trading for altcoins also depends on how bitcoin prices are going and only a few altcoins have fallen drastically due to internal issues such as LUNA.
Many factors can trigger panic, but panic can also be overcome by trading habits and knowing what to do when things are not good. and the problem of all traders even if they are professionals is uncontrollable greed.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: michellee on November 30, 2022, 04:36:42 PM
The whole market is crash at this time and panic among investors is normal but those who have long term holding in mind will not be affected much but the thing is best only if you are holding bitcoin with you not other worthless tokens that won't be able to recover after this whole scene.Otherwise you will also come under those who panic sell their coins in the market.
Those panicked investors need to learn more about investing in crypto to overcome the panic that occurs when they see the price slide downwards. There are still investors who will not be affected by market fluctuations, hold on to their bitcoins tightly, and do not sell in a panic. If most investors can overcome the panic, the price will not fall so deeply because investors know that the decline was there to correct the price and will bounce back again. The price wouldn't drop too deep if they could calm down and not panic. This is why investors must be able to control their emotions so as not to cause more losses when the market is bearish.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Adbitco on November 30, 2022, 06:14:13 PM
This is one Major characteristics with humans they always listen to news and Information that is always destroying their heart and mindset. One thing you should know about is that they can't really bear the lost or pain watching seeing their assets going down to the bottomless part while they kept quiet at this time their mind is being compromised because they can't hold them selves with such lost.
By listening to news and following twitter Media pages would keep worsting the case whereby causing fund and panic to sell at cheap Price whereby making the whales has more power over the market, such people are called the market feeders due to lack of patient.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Findingnemo on November 30, 2022, 06:14:34 PM
Basically they are weak hands whi entered the market and wrong time, get frustration and exit with loss so someone is buying their assets for lower price which will eventually give returns to them in few years basically at the next cycle so lets say 4 years. So anybody who is targeting their portfolio value to grow in the next 4 years and invest the funds which isn't their entire savings and also have other stream of income source can get the most benefits.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: koang on November 30, 2022, 07:36:23 PM
Guys , do not panic , its a cycle , everytime btc loses 60 to 70 % , it will recover with HUGE profit , check : graphics 10 years . always the same .

From years now we are trading btc , its always the same patern .

Btc lose 50 to 70% then price bounce x2 x3 x5 .

Its all a game of greed and fear


That's right... this bear market will be over soon.
All of this is just noise in the grand scheme of things.
And traders should be happy when the market dips.

I sold after the peak and went in dollars. It was the best decision.
One day I was only selling, and now I'm buying, taking self-custody, and waiting for the uptrend.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Mahanton on November 30, 2022, 08:34:57 PM
Guys , do not panic , its a cycle , everytime btc loses 60 to 70 % , it will recover with HUGE profit , check : graphics 10 years . always the same .

From years now we are trading btc , its always the same patern .

Btc lose 50 to 70% then price bounce x2 x3 x5 .

Its all a game of greed and fear


That's right... this bear market will be over soon.
All of this is just noise in the grand scheme of things.
And traders should be happy when the market dips.

I sold after the peak and went in dollars. It was the best decision.
One day I was only selling, and now I'm buying, taking self-custody, and waiting for the uptrend.

This is how buy and selling works which it turns out to be the most very basic step and things to be done but eventually the most hardest thing to consider when it comes to decision making.
There's no way that someone could make out immediate decisions basing on what you are seeing in the market which its price is really that truly unpredictable.Yes, its true that we are really
on a situation on which the market is really that giving no movements or being in sideways which it would really boggle up your mind whether it would be going up or down.
Dont make yourself believe that there would be patterns or it would keep on repeating its history because everything will really be basing up on community demands and recognition.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Johnyz on November 30, 2022, 08:57:59 PM
Basically they are weak hands whi entered the market and wrong time, get frustration and exit with loss so someone is buying their assets for lower price which will eventually give returns to them in few years basically at the next cycle so lets say 4 years. So anybody who is targeting their portfolio value to grow in the next 4 years and invest the funds which isn't their entire savings and also have other stream of income source can get the most benefits.
They are panicking because they didn’t know yet how this market works or they are afraid that the project will turn into another scam project, we cannot blame this and I’m sure this is normal on every newbies. Panicking should be lessen along the way, and we should already know what to do every time the market goes down. Many are already making huge profit because the moment you panic, someone will take advantage of it.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: DoublerHunter on November 30, 2022, 09:04:53 PM

Not panicking and being greedy in trading can only be done by a trader if he has gone through a lot of trading activities because he should be mature in thought and when he is about to make a decision, but this is really not easy to be calm when the price of BTC has decreased alot, mostly traders not only trade on the BTC-USD pair but also altcoins and seeing a decline in altcoins can trigger traders to panic but traders who only trade on BTC will understand the cycle well

But it's not entirely true, trading on BTC will also have the risk of unexpected declines, especially if trading Futures, it will be riskier. Trading for altcoins also depends on how bitcoin prices are going and only a few altcoins have fallen drastically due to internal issues such as LUNA.
Many factors can trigger panic, but panic can also be overcome by trading habits and knowing what to do when things are not good. and the problem of all traders even if they are professionals is uncontrollable greed.
^The main roots of panic are greed and fear, they will afraid to lose their profit because they want a quick scheme rich.
But most commonly the news around will make them react because they don't know how the market will move they easily get tricked by the FUD on social media, and the panic will long last until the news will eventually have gone, and silence. You are right, those weak hands have commonly become a victim of this panic selling, they don't have trust in BTC that it is already been tested so many years.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: doomloop on November 30, 2022, 09:09:52 PM
The whole market is crash at this time and panic among investors is normal but those who have long term holding in mind will not be affected much but the thing is best only if you are holding bitcoin with you not other worthless tokens that won't be able to recover after this whole scene.Otherwise you will also come under those who panic sell their coins in the market.
Crypto is a game of greed and fear like the title says, so it's normal when someone is in panic mainly because of crashes and this is where the greedy people attacks. Panic can also happen when there is a bull run. People, must act fast to sell their coins because they are afraid that the price will go down eventually which is usually the case that happens but on some occasions, the price will continue rising.

Those who are in fearful during the crash are now going to buy because this is where their comfort zone is but this was still risky and wrong. This isn't the proper way of investing but the golden rule must be to buy low and sell high.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: adaseb on November 30, 2022, 09:44:07 PM
People are not only panicking about the price going down. People are panicking because it seems like this entire industry is a big ponzi where large exchanges are lending peoples savings and only gambling with those funds and losing them. Quadriga did this a few years back.

It left a real sour taste and people are just sick of it and people are selling all their crypto and getting out. They saw how the Dow is only 6% down from ATH and they are most likely going to invest in the stock market where they don't need to worry about having all their funds disappear.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: ShowOff on November 30, 2022, 09:48:02 PM
Panic is inevitable because not all of us can afford to ignore market volatility. They don't want to lose on a big drop and as a result they sell when the price is low, while a dip can also trigger a stop loss set by traders so that can also cause the price to drop even lower.

But things like this should be used by other traders who expect to be able to buy assets at low prices. I know this is a necessary thing in trading because if everyone in the market has the same mindset, then really the price will stay stable.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: tygeade on December 01, 2022, 01:18:03 AM
Not panicking and being greedy in trading can only be done by a trader if he has gone through a lot of trading activities because he should be mature in thought and when he is about to make a decision, but this is really not easy to be calm when the price of BTC has decreased alot, mostly traders not only trade on the BTC-USD pair but also altcoins and seeing a decline in altcoins can trigger traders to panic but traders who only trade on BTC will understand the cycle well
But it's not entirely true, trading on BTC will also have the risk of unexpected declines, especially if trading Futures, it will be riskier. Trading for altcoins also depends on how bitcoin prices are going and only a few altcoins have fallen drastically due to internal issues such as LUNA.
Many factors can trigger panic, but panic can also be overcome by trading habits and knowing what to do when things are not good. and the problem of all traders even if they are professionals is uncontrollable greed.
I do agree that there is a risk involved when you are trading in futures, but if you move to spot then you wouldn't have that much trading problems. It has a lot less risks, and moves usually within 10-20% ranges when it goes down and that should be easily recoverable in the long distance.

I know that it is not going to be that much of a trouble for many people in the long run, but I feel like that would be just a problem for you if you do futures anyway, so it's fine. Spot trading is great because of this reason, could be for bitcoin, could be for alts, could be for anything you want and you can still do it. I personally love it so much and has done good for me.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: tranthidung on December 01, 2022, 02:05:20 AM
We can’t really avoid from getting panicked anytime without warning. It really depends on each other’s financial situation, and timers and experts aren’t exempted from that.
As human instinct, we all will be panic if things go different than what we thought and worse if things can lead to forced liquidations, bankruptcy by our bad decisions. The level of panic would be higher if a potential loss is bigger and its impact on our lives is more seriously.

Quote
Most of us especially the newbies and beginners are prone to having panics while the market goes down and/or getting scammed or hacked. It’s all about understanding how the market works and accept the fact that there are no promises or astronomical guaranteed returns by just treating what we spent as “dead money”.
Newbies and beginners are most vulnerable people in the market because they are lack of knowledge and experience. Times, experience and learned-lessons from own loses can help them to grow up and to become better versions of themselves.

When they have more comprehensive knowledge, more experience and better ability to control their fear and greed, they will have less odds to be panic.

I do agree that there is a risk involved when you are trading in futures, but if you move to spot then you wouldn't have that much trading problems. It has a lot less risks, and moves usually within 10-20% ranges when it goes down and that should be easily recoverable in the long distance.
The beauty of Spot trading is even if you make mistake with a wrong entry and if you don't cut loss, you are still able to hold your asset and wait for recovery or a new bull run. Here I am talking about Bitcoin which is a safest cryptocurrency to invest in.

With Leverage (Margin) trading or Future trading, if you make mistake and don't cut loss, in worst case you will be forced liquidated by exchanges.

Please look at the Fear and Greed Index chart and tell me, is it a good period to be greed or fearful?

https://i.imgur.com/ZS1nQ6z.png (https://www.lookintobitcoin.com/charts/bitcoin-fear-and-greed-index/)


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: isaac_clarke22 on December 01, 2022, 05:49:16 PM
~
In the end, they might not understand these anyway in the first place. Bitcoin has been to these kind of dips for more than what my memory can remember on how many times I slept through the bearish market. I guess there were just traders that are not into long-term investments and therefore just calling it quits now during these trends.  I've been telling these back in 2018 when a lot were panicking, but I guess there were still people overcomplicating these simple stuffs like "hodl", "invest those you afford to lose" (like you mentioned), etc.

Even if the market volatility was kind of unsettling sometimes, if your investment was something that you still afford to lose, would it matter anyway regardless?


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: so98nn on December 01, 2022, 06:04:52 PM
It’s a game of patient and who HODLING for really long period of time. Bitcoin is something which is greedy of time! It’s slow but it’s highly effective getting valued for itself with the time. If we are going to invest into crypto and mostly focused on bitcoin then definitely irrespective of the trend whether it is bearish or bullish one should be best hodler in the market. As far as greed is considered we are humans and we have survival instincts to beyond and try our luck. That’s what happens in the crypto. They keep trading even they have gotten something.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: tigerwood0432 on December 02, 2022, 12:06:50 AM
1 ) - stop listening to twitter/shit medias ,  bitcoin " advisors or consultants" usually they are paid advertisements from btc whales to buy lower or to get more profits in their shorts : panic panic panic : china china china , russia russia russia , SEC SEC SEC inflation inflation inflation . ....... all bullshit
Some people panic and sell their bitcoin just because of what they hear on social media, i have seen lot's of people saying bitcoin is going to die which is impossible, Bitcoin is not going to die, Bitcoin have faced lot's of challenges in the past and it didn't die so even now bitcoin is not going to die, the highest thing that can happen is that the price will dump but if you can hold its definitely going to bounce back. If you keep on listening to what people are saying on social media then you are not going to invest.
3) Go for long term investment , ask yourself : what will be bitcoin price in 5 years from now ? Going to zero ? Going to 250k ? stay at same price ?
The main reason why some people lose interest in bitcoin is because they believe bitcoin is a get rich quick scheme, most of them believe if they just invest their money immediately they will be in profit which at the end if they invest and bitcoin keeps dumping, they always end up losing interest, Bitcoin is not a get rich quick scheme so if you are investing, then you should be prepared to hold for long term.





You are right 100% , bitcoin is for long term holders , not for those looking for a " get-rich-quickly-schem"


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: GigaBit on December 02, 2022, 07:18:36 AM
https://i.imgur.com/0v6Bife.jpg
Crypto market is a volatile trading platform. Uptrend is not always possible and the downtrend is not permanent. There are some investors who are panicked by the nature of market movements. When they see the negative side of the market they fear sell their assets with loss and when the market goes up they buy again in the hope of profit. But in reality, if a trader goes through this situation, his chance of loss is 100%. A trader needs determination in this perspective. He has to deal with any situation with the market. Traders should remember that when a normal investor fails to hold his assets, a whale investor never misses that opportunity.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: palle11 on December 02, 2022, 08:36:51 AM

2) - Buy small amounts at a time , we are buying at 19k , 16 k , 14k , 12k , 10.1k , 7.25k wherever it goes we keep buying . This is how big financial funds and big traders are averaging their buy


DCA is what you are explaining and that is the best way to btc instead of waiting for what is "perceived" as the right time or buttom because that may never be known before bitcoin price go bull again. Therefore to gradually accumulate is a wise hodling decision.



3) Go for long term investment , ask yourself : what will be bitcoin price in 5 years from now ? Going to zero ? Going to 250k ? stay at same price ?


Longtime investment as to 5 years is for loose money not money you plan to use in as soon as possible. This means that you have to set that money out for investment lasting you a long time so that even with fallei price you are not worried because it will go back up to your area of cash out.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: AicecreaME on December 02, 2022, 09:22:40 AM
Newcomers in the blockchain are most likely the people who do panic selling or panicking in this kind of situation of the market. It is either they bought at $20,000 and the price dumps even more, so they are thinking silly possibilities like it would not go up again and their money would be gone to waste in the long run, something like that or even more worst scenario. Once they get used to bearish market, they will completely act different and will not panic again in the next bearish market.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: tvplus006 on December 02, 2022, 10:50:16 AM
Newcomers in the blockchain are most likely the people who do panic selling or panicking in this kind of situation of the market. It is either they bought at $20,000 and the price dumps even more, so they are thinking silly possibilities like it would not go up again and their money would be gone to waste in the long run, something like that or even more worst scenario. Once they get used to bearish market, they will completely act different and will not panic again in the next bearish market.

When coins are sold in a bear market, it does not always signal panic. After all, there is such a category of investors who do not want to simply sit out a drawdown for several years until the market becomes bullish again. Because the only correct solution in a bear market is fiat money, which will allow you to increase your position in the crypt.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: MainIbem on December 02, 2022, 11:11:38 AM
This is all dependent of the category of investment they are because those who goes for short terms sell immediately whenever they seems to see little changes in the market and after market bounces back more better then they will keep complaining of the market which i may likely call it to be panic to sell / leave to regret. this types of people always complain whenever there is little change or even when the market shows little dip, they sells immediately.
Fear makes you to be unorganized which as an investors you need to deal away all this to be able to succeed or successful with career.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Xal0lex on December 02, 2022, 02:24:31 PM
The bottom line is that most often this is what has the best result. It seems to me that very often it is the risk that has a very good payback.

The fact is that there are different risks. If a person takes a risk using emotion, it will not do any good. But if a person takes a risk after researching and weighing the pros and cons and deciding to take the risk without being too emotional, then yes, it can bring results.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: xSkylarx on December 02, 2022, 02:48:09 PM
The bottom line is that most often this is what has the best result. It seems to me that very often it is the risk that has a very good payback.

The fact is that there are different risks. If a person takes a risk using emotion, it will not do any good. But if a person takes a risk after researching and weighing the pros and cons and deciding to take the risk without being too emotional, then yes, it can bring results.

We can still lessen that risk if we have knowledge. As most other people said before they invest, they will first conduct research on what the risks are and if this would work. This is still the same with trading; you lessen the risk when you research, learn how to trade, and listen to experienced traders. Though emotion is really a part of it, you can manage it later on once you've already started trading, since the experience can mold your emotions and they won't affect you later on.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Finestream on December 02, 2022, 08:34:58 PM
We can’t really avoid from getting panicked anytime without warning. It really depends on each other’s financial situation, and timers and experts aren’t exempted from that.

Most of us especially the newbies and beginners are prone to having panics while the market goes down and/or getting scammed or hacked. It’s all about understanding how the market works and accept the fact that there are no promises or astronomical guaranteed returns by just treating what we spent as “dead money”.
We always put our own emotions in everything we do especially if it’s about money matters. So panicking is a natural thing for us and we sometimes become out of control and start to do things that we are not supposed to do. Especially in the process of losing our money, of course it’s expected to feel panic and become uncomfortable. But if we only invest on the amount we can afford to lose, even if the market seems drowning, that won’t greatly affect since we are open to losses, if winning is not possible.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Cling18 on December 02, 2022, 08:41:54 PM
The market has been through this kind of situation so I wonder why there are still people who can't deal with it. They still fear it instead of celebrating because they could purchase potential coins at a lower price which is a good preparation so when the market recovers, they will gain huge profits. It's the perfect application of buy low and selling high.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Fatunad on December 02, 2022, 08:46:24 PM
We can’t really avoid from getting panicked anytime without warning. It really depends on each other’s financial situation, and timers and experts aren’t exempted from that.

Most of us especially the newbies and beginners are prone to having panics while the market goes down and/or getting scammed or hacked. It’s all about understanding how the market works and accept the fact that there are no promises or astronomical guaranteed returns by just treating what we spent as “dead money”.
We always put our own emotions in everything we do especially if it’s about money matters. So panicking is a natural thing for us and we sometimes become out of control and start to do things that we are not supposed to do. Especially in the process of losing our money, of course it’s expected to feel panic and become uncomfortable. But if we only invest on the amount we can afford to lose, even if the market seems drowning, that won’t greatly affect since we are open to losses, if winning is not possible.
When money is involved then it cant really be avoided not for you to be that impulsive or reactive which is really that a very common thing for a trader/investor specially on times where prices are declining.
Specially on the time that you do see your portfolio is really that going low or in deep negatives. You could really feel up the panic, the stress and the anxiety of entire space or into your investment
which i could say that it is really very normal.Therefore, the thing which makes you comfortable or able to deal with is with your experience which is something
that you could really be able to gain when you do continue to engage with this market.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Vaculin on December 02, 2022, 08:59:07 PM
I think there's a bunch users already create similar topic about "DCA, only invest that you can afford to lose and Bitcoin history"

It seems there's no new discussion and everyone keep repeating the same discussion, almost everyone already know that and it's nothing need to remind everyone. If they're panic, then it's good since we can buy their coins, if they're not panic, we can't buy the dip lol. So I'd thanks for those newbie who panic and then sold their coins for cheap price.
When everyone resorts into panicking, the big whales will eventually buy for it and take advantage of our coins once we decide to sell them at cheaper prices. So as much as possible, we should rather stay calm and relax than to panic and create wrong decisions. But the problem is, are there really people who never experienced panicking? I guess all have been into that shoes, panicking when everything in the market is dumping, but the only difference is that some manage to control their selves and prevent losing, while some end up being carried away and lose in the end.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: kawetsriyanto on December 02, 2022, 09:16:13 PM
Guys , do not panic , its a cycle , everytime btc loses 60 to 70 % , it will recover with HUGE profit , check : graphics 10 years . always the same .

This is what commonly old people in crypto will think about, based on their experience.
but, beginners or someone new in the crypto industry, will panic so easily every time the FUD comes. Selling off their assets at lower prices to avoid losing more, is what they are thinking. They may not think about the future investment, because they are too panicky. Moreover, if they are investing in shitcoins. That's enough.

I think there's a bunch users already create similar topic about "DCA, only invest that you can afford to lose and Bitcoin history"
Unfortunately, even though this has been repeated no matter how many times, there are still many people who don't learn about it. there are still many people who even know about this, but they still panic and fear. Moreover, they are also easily influenced by various FUDs. Plus, they are easily tricked into investing beyond their control and ability.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: nurilham on December 02, 2022, 09:17:23 PM
When coins are sold in a bear market, it does not always signal panic. After all, there is such a category of investors who do not want to simply sit out a drawdown for several years until the market becomes bullish again. Because the only correct solution in a bear market is fiat money, which will allow you to increase your position in the crypt.
Agree, some people sold their coins during the bearish market because of some possible reasons:
1. They want to prepare fresh money to buy at a lower price, so they can have a bigger number of that coins.
2. They want to switch a coin to another coin because they think another coin has a more potential future.
3. They are in an urgent situation for fiats, so they immediately sold the coins whatever the price is.

I think these are some reasons why people sold their coins although it is in bearish market. There is nothing wrong with this, it is acceptable reason.



Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Viscore on December 02, 2022, 10:43:54 PM
Who do you think is do panic selling? I think its normal to see the price of Bitcoin drop. Look Bitcoin history have a cycle if you are here for very long time or if you know the history of Bitcoin then you shouldn't be panic.

However, since there are some potential to make profit selling it is the best choice and buy later for cheaper price. That's a normal cycle of trading.
I would not say that only those newbies are panicking right now because even myself, I’m also starting to panic thinking that bitcoin price will eventually keep dropping. But I am also aware that this is a good chance to accumulate more bitcoin, one thing that most newbies never think of it. Although I must say that as long as we have emotions involved, panicking is natural, but in crypto one who panics gets lose in the end and one who stays calm and relax usually wins in the end.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Mahanton on December 02, 2022, 11:47:12 PM
Who do you think is do panic selling? I think its normal to see the price of Bitcoin drop. Look Bitcoin history have a cycle if you are here for very long time or if you know the history of Bitcoin then you shouldn't be panic.

However, since there are some potential to make profit selling it is the best choice and buy later for cheaper price. That's a normal cycle of trading.
I would not say that only those newbies are panicking right now because even myself, I’m also starting to panic thinking that bitcoin price will eventually keep dropping. But I am also aware that this is a good chance to accumulate more bitcoin, one thing that most newbies never think of it. Although I must say that as long as we have emotions involved, panicking is natural, but in crypto one who panics gets lose in the end and one who stays calm and relax usually wins in the end.
Even you are veteran or professional then fear and getting stressed doesnt skip out anyone which you could really feel it out specially when you do have investments where on deep reds.
Even myself do really boggle up my mind on when this bear market would be over which as a human being where it is really something that part of being that emotional.
When you had entered on much higher price then it cant really be avoided for you to react out when you do see the price is plummeting.
There's no exemption into this where everyone could be affected, it is really just that people differs on how they do handle out such situation.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: kzkazu on December 03, 2022, 03:01:26 AM
Market panic is inevitable, and many people will panic because the price will drop and lose money.
When the crypto market is well understood and has more comprehensive knowledge and experience, the fear can be better controlled. An experienced investor or trader who believes that the cryptocurrency will continue to rise one day and be able to make huge profits.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Bitstar_coin on December 03, 2022, 08:04:51 AM

1 ) - stop listening to twitter/shit medias ,  bitcoin " advisors or consultants" usually they are paid advertisements from btc whales to buy lower or to get more profits in their shorts : panic panic panic : china china china , russia russia russia , SEC SEC SEC inflation inflation inflation . ....... all bullshit

Lol, you are so right about this, people panic anytime this type of news comes up all for no reason. The only ones benefiting from such news are the whales who are ready to buy your coins at a cheaper rate. Except you are a smart investor, you know when to sell and buy back when the price goes lower, there is no need to panic over every negative news from twitter or other news source.
Better days are ahead of us if we are patient enough.  


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: maydna on December 03, 2022, 02:56:26 PM
Market panic is inevitable, and many people will panic because the price will drop and lose money.
When the crypto market is well understood and has more comprehensive knowledge and experience, the fear can be better controlled. An experienced investor or trader who believes that the cryptocurrency will continue to rise one day and be able to make huge profits.
If they can stay calm when the market is down, they won't rush to sell their coins and can even buy more coins for a larger amount. We have to realize this as well as possible because, with a declining market position, we are still allowed to get more coins. A wise investor or trader can control their emotions when the market is undergoing a correction and will not panic because it is useless to them. We also have to avoid panic because otherwise, we will miss a good opportunity to increase the number of coins.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: $crypto$ on December 03, 2022, 03:37:08 PM
Market panic is inevitable, and many people will panic because the price will drop and lose money.
When the crypto market is well understood and has more comprehensive knowledge and experience, the fear can be better controlled. An experienced investor or trader who believes that the cryptocurrency will continue to rise one day and be able to make huge profits.
If they can stay calm when the market is down, they won't rush to sell their coins and can even buy more coins for a larger amount. We have to realize this as well as possible because, with a declining market position, we are still allowed to get more coins. A wise investor or trader can control their emotions when the market is undergoing a correction and will not panic because it is useless to them. We also have to avoid panic because otherwise, we will miss a good opportunity to increase the number of coins.
Panic will cause us to lose focus on everything because what we think about is the amount of loss that will be received. That is why panic is a big enemy for an investor or trader. If you can't control it, then be prepared to do something you really don't want to do, and you will wake up after doing it.

Even so, we cannot blame people who have a high level of panic, because we know what their psychological state is like when they see market conditions that are experiencing very deep corrections.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Alisha-k on December 03, 2022, 04:38:14 PM
The market has been through this kind of situation so I wonder why there are still people who can't deal with it. They still fear it instead of celebrating because they could purchase potential coins at a lower price which is a good preparation so when the market recovers, they will gain huge profits. It's the perfect application of buy low and selling high.
Don't forget some bought when Bitcoin hit its ATHs. I believe those panicking about Bitcoin price are those who bought when prices were high. Many still held some sold at a loss. Those who are holding till now are in almost 60% loss. It is both a time to celebrate as well as a time to panic. Celebrate in the sense that prices are down, panic in the sense that no one knows when the price will recover to make profit from old investments.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Wapfika on December 03, 2022, 04:43:29 PM
Newcomers in the blockchain are most likely the people who do panic selling or panicking in this kind of situation of the market. It is either they bought at $20,000 and the price dumps even more, so they are thinking silly possibilities like it would not go up again and their money would be gone to waste in the long run, something like that or even more worst scenario. Once they get used to bearish market, they will completely act different and will not panic again in the next bearish market.

When coins are sold in a bear market, it does not always signal panic. After all, there is such a category of investors who do not want to simply sit out a drawdown for several years until the market becomes bullish again. Because the only correct solution in a bear market is fiat money, which will allow you to increase your position in the crypt.
Fair point. I’m doing this method too when there’s a clear sign of bearish market on a longer time frame. I don’t want to sit my money on crypto since I know that the price will just dump later while I can use the converted fiat to purchase later once the price finally plummet.

But the majority of tokens that being sold on bear market are from panic sellers. You can pin point them when the coin is being dump near the price support because panic seller doesn’t care much about supports during bearish market. The clear sign of this event is the long price wick on the chart. The price dump in fast rate then recover quickly too.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: tvplus006 on December 03, 2022, 07:42:16 PM
...You can pin point them when the coin is being dump near the price support because panic seller doesn’t care much about supports during bearish market. The clear sign of this event is the long price wick on the chart. The price dump in fast rate then recover quickly too.

Such wicks are usually formed after the support fails and the stop loss is triggered alternately, which were set below the support level. Accordingly, at such a time, panic sales occur in the market among those who considered this level of support to be the last stronghold.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Mpamaegbu on December 04, 2022, 04:49:36 AM
OP, your words are apt. You captured the scenario very well but you should also expect that what's happening is a true reflection of the diversity of man's thoughts. We all can't reason the same way on the same issues. If everyone knows and does the same thing it should be boring. Homogeneity kills interest. Those who panic once price begins to dip are meant to be there so that those who have diamond hands can pick the panic sales up. Anyone who has experienced a Bitcoin cycle should know that whatever that's happening now in the market is the normal phase. Nothing to worry about. It should be the accumulation phase. Buy cheap now and hodl. Next halving is going to be a blast.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: wxa7115 on December 04, 2022, 05:31:31 AM
OP, your words are apt. You captured the scenario very well but you should also expect that what's happening is a true reflection of the diversity of man's thoughts. We all can't reason the same way on the same issues. If everyone knows and does the same thing it should be boring. Homogeneity kills interest. Those who panic once price begins to dip are meant to be there so that those who have diamond hands can pick the panic sales up. Anyone who has experienced a Bitcoin cycle should know that whatever that's happening now in the market is the normal phase. Nothing to worry about. It should be the accumulation phase. Buy cheap now and hodl. Next halving is going to be a blast.
A reminder of the true nature of the markets is always welcome as we have newbies which have recently joined the market which may not be aware of their cyclical nature and they may need some encouragement to keep holding their coins.

But I agree with you, weak hands are inevitable in all markets, as there will always be people which invested too much money, which need to sell due to some emergency or simply they are afraid the price could crash even further, and in that case the ones that will benefit from this are the ones which buy the dip and get those cheap coins.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Mpamaegbu on December 04, 2022, 10:54:23 AM
~snipped~
as there will always be people which invested too much money, which need to sell due to some emergency or simply they are afraid the price could crash even further
This is why anybody in this industry who've had a little understanding of how it works through an experience of a complete Bitcoin circle will tell you it's not a wise thing to invest with cash you will miss. The simple logic there is to just invest the cash and move on like you never invested anything at all. Bury the money and wait patiently for the harvest season. To many, that's a hard thing to do because they want to see their investments grow daily. That isn't how investment works (at least, not so in this industry).


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: stadus on December 04, 2022, 11:01:53 AM
It is not everybody because they have some people have left and keep holding and waiting for recovery.
But yeah, panicking is certainly expected during this bear season and especially when we keep seeing no signs of market recovery. Likely, if you are new in the crypto world you'll be thinking about the collapse of the market.

Fortunately, not all have that kind of thinking. Whales and those who have faith in crypto remain calm while the others are busy selling their coins.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: maydna on December 04, 2022, 02:59:35 PM
Market panic is inevitable, and many people will panic because the price will drop and lose money.
When the crypto market is well understood and has more comprehensive knowledge and experience, the fear can be better controlled. An experienced investor or trader who believes that the cryptocurrency will continue to rise one day and be able to make huge profits.
If they can stay calm when the market is down, they won't rush to sell their coins and can even buy more coins for a larger amount. We have to realize this as well as possible because, with a declining market position, we are still allowed to get more coins. A wise investor or trader can control their emotions when the market is undergoing a correction and will not panic because it is useless to them. We also have to avoid panic because otherwise, we will miss a good opportunity to increase the number of coins.
Panic will cause us to lose focus on everything because what we think about is the amount of loss that will be received. That is why panic is a big enemy for an investor or trader. If you can't control it, then be prepared to do something you really don't want to do, and you will wake up after doing it.

Even so, we cannot blame people who have a high level of panic, because we know what their psychological state is like when they see market conditions that are experiencing very deep corrections.
There will be nothing to gain if they can't overcome the panic that comes to them when the market goes through a correction. They will not be able to see an opportunity to accumulate larger amounts during a correction but only think about how not to suffer huge losses. But we also can't suggest anything to them because when they panic, they won't be able to listen to the advice of others. And hopefully, if the price keeps dropping, they won't panic and can calm down easily.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: GeorgeJohn on December 04, 2022, 03:16:22 PM
The whole market is crash at this time and panic among investors is normal but those who have long term holding in mind will not be affected much but the thing is best only if you are holding bitcoin with you not other worthless tokens that won't be able to recover after this whole scene.Otherwise you will also come under those who panic sell their coins in the market.
When market crash it affects every persons, their is no person that's not exempted provided that it's cryptocurrency investment, you can buy and hold when the price of Bitcoin in particular is in high and the price stabilize to the extend that even till when you think is your time frame of long term investment, so i believe that cryptocurrency price is something you will be investing according down grade value of the market rotation, so i believe that market is generally.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Bhig Daddy on December 04, 2022, 07:25:14 PM
Ignorance about bitcoin and cryptocurrencies, which also leads to a lack of confidence in these technologies generally, is what causes panic, in my opinion. A situation like this makes it impossible for newbies who are simply interested in Bitcoin to remain composed. What emotions do you think a newbie who paid $30k for Bitcoin and now it only costs $16k per Bitcoin will be experiencing? He'll surely be unsure on whether or not to sell.

And many people are in a panic because they invested something they thought they had not invested, especially those who are timing Bitcoin market prices in the hopes that if they put a large sum of money they will earn greatly over time if the market rises.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: AakZaki on December 05, 2022, 06:13:40 PM
When coins are sold in a bear market, it does not always signal panic. After all, there is such a category of investors who do not want to simply sit out a drawdown for several years until the market becomes bullish again. Because the only correct solution in a bear market is fiat money, which will allow you to increase your position in the crypt.
Fair point. I’m doing this method too when there’s a clear sign of bearish market on a longer time frame. I don’t want to sit my money on crypto since I know that the price will just dump later while I can use the converted fiat to purchase later once the price finally plummet.

But the majority of tokens that being sold on bear market are from panic sellers. You can pin point them when the coin is being dump near the price support because panic seller doesn’t care much about supports during bearish market. The clear sign of this event is the long price wick on the chart. The price dump in fast rate then recover quickly too.
[/quote]
Holding Fiat during a bearish market is indeed the right choice, but if we have limited Fiat, we must be able to do good management. Doing a buyback on every strong support would be better. People who panic really can't think of anything, they will sell even though the strongest support has not been crossed. it is our chance to step in and buy from the panic of others. A quick downturn and recovery will occur, it's an opportunity to catch at a good price, flash dump and flash pump.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: GeorgeJohn on December 05, 2022, 07:43:11 PM
Market panic is inevitable, and many people will panic because the price will drop and lose money.
When the crypto market is well understood and has more comprehensive knowledge and experience, the fear can be better controlled. An experienced investor or trader who believes that the cryptocurrency will continue to rise one day and be able to make huge profits.
Their is some extent some people don't need to panic concerning cryptocurrency market value, because at this point whoever that knows cryptocurrency very well supposed to know that before Bitcoin price go below nineteen thousand, (9k) that means it will be very rigid or difficult before the price can increase, the particular price of Bitcoin now is seventeen thousand (17k) so the price is either to accelerate or it remains stagnant from my observation.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: QueenVera on December 05, 2022, 07:44:54 PM
The market has been through this kind of situation so I wonder why there are still people who can't deal with it. They still fear it instead of celebrating because they could purchase potential coins at a lower price which is a good preparation so when the market recovers, they will gain huge profits. It's the perfect application of buy low and selling high.

The reason there's so much fear in the market is because of lack of experience. While the market has been through this bear times before, most investors haven't and that's because they usually come in during the bull market when everything is looking positive.
So many investors bought at the top as they were expecting more upwards moving with a target of $100k since it was been speculated by most top influencers.
Also we have those that put in their life savings and some even borrowed money to invest since there were prediction of more increase in price but unfortunately the market had alternative plans and now this users are panicking.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: freedomgo on December 05, 2022, 09:19:54 PM
Newcomers in the blockchain are most likely the people who do panic selling or panicking in this kind of situation of the market. It is either they bought at $20,000 and the price dumps even more, so they are thinking silly possibilities like it would not go up again and their money would be gone to waste in the long run, something like that or even more worst scenario. Once they get used to bearish market, they will completely act different and will not panic again in the next bearish market.

When coins are sold in a bear market, it does not always signal panic. After all, there is such a category of investors who do not want to simply sit out a drawdown for several years until the market becomes bullish again. Because the only correct solution in a bear market is fiat money, which will allow you to increase your position in the crypt.
I get your point. Some would have not been into panic selling but only want to see fast progress for their investments and waiting for a market recovery is just a waste of time. While others are patient enough for long term hodling, some will just chose to withdraw their capital and just invest into investments outside crypto which I think not only for newbies but even for some higher positions in crypto.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: dunfida on December 05, 2022, 09:47:10 PM
Newcomers in the blockchain are most likely the people who do panic selling or panicking in this kind of situation of the market. It is either they bought at $20,000 and the price dumps even more, so they are thinking silly possibilities like it would not go up again and their money would be gone to waste in the long run, something like that or even more worst scenario. Once they get used to bearish market, they will completely act different and will not panic again in the next bearish market.

When coins are sold in a bear market, it does not always signal panic. After all, there is such a category of investors who do not want to simply sit out a drawdown for several years until the market becomes bullish again. Because the only correct solution in a bear market is fiat money, which will allow you to increase your position in the crypt.
I get your point. Some would have not been into panic selling but only want to see fast progress for their investments and waiting for a market recovery is just a waste of time. While others are patient enough for long term hodling, some will just chose to withdraw their capital and just invest into investments outside crypto which I think not only for newbies but even for some higher positions in crypto.
When it comes to investment then diversification would always been ideal which it doesnt really make you focus on one point, as long your money or funds do really permits or does have  the capability then

you should really be doing this.In the time that there are some declines then you wont easily get panicked since you do know behind that you do have other various sources which could easily patch up those losses or
negative.We are just indeed humans and there's no way that we cant panic even we do say that we are that already experienced.

Only into those people who do have that good control of their emotions and minds could always make that right decision.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: rozak on December 05, 2022, 11:21:40 PM
The market has been through this kind of situation so I wonder why there are still people who can't deal with it. They still fear it instead of celebrating because they could purchase potential coins at a lower price which is a good preparation so when the market recovers, they will gain huge profits. It's the perfect application of buy low and selling high.

The reason there's so much fear in the market is because of lack of experience. While the market has been through this bear times before, most investors haven't and that's because they usually come in during the bull market when everything is looking positive.
So many investors bought at the top as they were expecting more upwards moving with a target of $100k since it was been speculated by most top influencers.
Also we have those that put in their life savings and some even borrowed money to invest since there were prediction of more increase in price but unfortunately the market had alternative plans and now this users are panicking.
experienced traders and investors may not be affected by market conditions. but what happens to new traders and investors, creates enough psychological stress to make them panic. this is something that naturally happens to beginners. but after they know how this market works longer, of course, they will be more stable in determining the plan.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Oceat on December 05, 2022, 11:28:34 PM
experienced traders and investors may not be affected by market conditions. but what happens to new traders and investors, creates enough psychological stress to make them panic. this is something that naturally happens to beginners. but after they know how this market works longer, of course, they will be more stable in determining the plan.
Even an experienced traders/investors will still get affected with the market condition it's all about how to control yourself in this kind of situation that's why they will be able to last long than those who haven't had any experience. What OP saying was true, it's all about the greed and fear you should maintain yourself in the middle or do something of what the market condition and try to take that as an advantage.

If there's a lot of fear means it's bearish and dropping then you wait and buy since it gets cheaper.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: GreatArkansas on December 06, 2022, 02:24:03 AM
1 ) - stop listening to twitter/shit medias ,  bitcoin " advisors or consultants" usually they are paid advertisements from btc whales to buy lower or to get more profits in their shorts : panic panic panic : china china china , russia russia russia , SEC SEC SEC inflation inflation inflation . ....... all bullshit
(....)
And also stop watching the price of Bitcoin or chart from time to time. It will not help you.
If your goal is for the long term, you don't need to observe the chart 24/7.
Go out, meet someone or do some things that will help you to avoid watching charts from time to time.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Sebas.tian on December 06, 2022, 03:39:24 AM
Quote from: Cling18
The market has been through this kind of situation so I wonder why there are still people who can't deal with it. They still fear it instead of celebrating because they could purchase potential coins at a lower price which is a good preparation so when the market recovers, they will gain huge profits. It's the perfect application of buy low and selling high.

Many people has used this opportunity to understand the reason why they need to hold their coins and watch for them not to experience low income in the crypto market. This is the best period to buy cryptocurrency and hold to be part of those that will celebrate when the price finally increase higher for those that think the price will never increase again in the market to know that market price is unpredictable. I don't think, bearish market will last longer in this month of December because there are some signs of cryptocurrency improvement for traders to know that bullish market is about to take place in the market for people to stop panicking.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: tvplus006 on December 06, 2022, 05:24:09 PM
The market has been through this kind of situation so I wonder why there are still people who can't deal with it. They still fear it instead of celebrating because they could purchase potential coins at a lower price which is a good preparation so when the market recovers, they will gain huge profits. It's the perfect application of buy low and selling high.

Yes, now is a good time to shop, but only if you have the money for it. For such purchases, it was necessary to sell at high or now bring new money that you earned in real life. But most of them are watching from the sidelines as their deposit decreases, since they decided to sit out the bear market by holding coins.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: carlfebz2 on December 06, 2022, 07:28:12 PM
The market has been through this kind of situation so I wonder why there are still people who can't deal with it. They still fear it instead of celebrating because they could purchase potential coins at a lower price which is a good preparation so when the market recovers, they will gain huge profits. It's the perfect application of buy low and selling high.

Yes, now is a good time to shop, but only if you have the money for it. For such purchases, it was necessary to sell at high or now bring new money that you earned in real life. But most of them are watching from the sidelines as their deposit decreases, since they decided to sit out the bear market by holding coins.
Not all does have the capability on doing such stuffs and ending up on holding with their current holdings into their stashes and some even if they do have the money but the confidence on doing so isnt there.

This is why we do really see various decisions in relation to this one.People are really that impulsive and highly that emotional when it comes to their money specially to those who are in negative.

FUD is something that very common within markets not only on crypto space but also in other markets as well.So this is why its a matter into those people who do
have sufficient awareness and experience would really be having the advantage.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: blockman on December 06, 2022, 08:47:25 PM
Even an experienced traders/investors will still get affected with the market condition it's all about how to control yourself in this kind of situation that's why they will be able to last long than those who haven't had any experience. What OP saying was true, it's all about the greed and fear you should maintain yourself in the middle or do something of what the market condition and try to take that as an advantage.

If there's a lot of fear means it's bearish and dropping then you wait and buy since it gets cheaper.
And also what you do during this situation, those that are becoming greedier for this season of a bearish trend. They're doing the right thing and they're greedy in terms of buying more because they know that the market will recover no matter what happens.
While those that only becomes greedy during the bull run, they'll just learn the lesson out of it that they'll be aware that they should take every moment to make profit when they can.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Ojima-ojo on December 06, 2022, 09:03:43 PM
I don't see any need for this advice because if there are no weak hands the whale will not make more money and the less volatile bitcoin will become less, we don't need everyone to be knowledgeable and grounded in Bitcoin knowledge and that is what always leads to panic action in whatever market condition.
So while those who know previous market conditions, know that this is a circle, others without adequate knowledge will be it as an end to Bitcoin and are ready to cut losses by selling their bitcoin at low DAC.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Hypnosis00 on December 06, 2022, 09:57:02 PM
Even an experienced traders/investors will still get affected with the market condition it's all about how to control yourself in this kind of situation that's why they will be able to last long than those who haven't had any experience. What OP saying was true, it's all about the greed and fear you should maintain yourself in the middle or do something of what the market condition and try to take that as an advantage.

If there's a lot of fear means it's bearish and dropping then you wait and buy since it gets cheaper.
And also what you do during this situation, those that are becoming greedier for this season of a bearish trend. They're doing the right thing and they're greedy in terms of buying more because they know that the market will recover no matter what happens.
While those that only becomes greedy during the bull run, they'll just learn the lesson out of it that they'll be aware that they should take every moment to make profit when they can.
They put greed in a good situation and in the right place and buying is really a great opportunity at this bearish time. Fear is the feeling of a person who is not trusting Bitcoin and newbies but if we are here for many years and have experience in bear seasons, we actually can't feel about it. If I only have a lot of money, I also never lose this time to buy more. I don't judge someone for being greedy because they do this for some reason while others did nothing. It is really a game of life. 


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: GeorgeJohn on December 06, 2022, 10:12:15 PM
1 ) - stop listening to twitter/shit medias ,  bitcoin " advisors or consultants" usually they are paid advertisements from btc whales to buy lower or to get more profits in their shorts : panic panic panic : china china china , russia russia russia , SEC SEC SEC inflation inflation inflation . ....... all bullshit
(....)
And also stop watching the price of Bitcoin or chart from time to time. It will not help you.
If your goal is for the long term, you don't need to observe the chart 24/7.
Go out, meet someone or do some things that will help you to avoid watching charts from time to time.
Yeah you are right that watching of the price of Bitcoin regularly will not add anything in my life, so i believe that Bitcoin price is something that we watch over and over to know exactly if the price is accelerating or not. But actually if you are into long run of Bitcoin or any other coin investment, your mind will be in the price of current price of the market. So i will say that the investors particular will not be curious of monitoring the market because it's long run investment.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Mr.right85 on December 06, 2022, 10:54:59 PM
In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Rengga Jati on December 06, 2022, 11:13:47 PM
Guys , do not panic , its a cycle , everytime btc loses 60 to 70 % , it will recover with HUGE profit , check : graphics 10 years . always the same .
We cannot deny that there are still many people who know about this. In fact, many beginners only understand the benefits of investing in crypto which can make you rich suddenly, but they don't want to accept the risk involved in this investment.

Not everyone understands the existence of this cycle. And some people who understand still feel panicked and worried because they still have too high expectations for this crypto investment. Their mindset will be difficult to change, and they will continue to have fear and panic.

They put greed in a good situation and in the right place and buying is really a great opportunity at this bearish time.

I am sure that this is not greed but still under their target based on their calculations and considerations. Greed is when they want more but it is out of their reach and immeasurable. Then, they are not ready for the opposite. Being greedy, panic, and fear at once will be very harmful in the crypto industry, whatever the strategy.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: LastKiss on December 07, 2022, 12:33:43 AM
In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.

I agree, if we're not daily traders and prefer long-term then it's better just to buy now and come back after a few years when we hear another bull run. There's a lot of FUD out there that makes new investors afraid to wait for long term since they're new to this high volatility. If we don't have enough experience that builds our mentality it's better to invest for the long term and pick the best altcoin according to coinmarketcap.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Osama Maaz on December 08, 2022, 08:15:42 PM

 Every market have a bear and bull cycle but crypto field is a young market and highly volatile with large institutes / whales investment  and We know trading is a competition then if you sell your crypto in lose it only your fault, So learn the chart history the dump is not happening first time , Take a lot of knowledge and experience that in future is there any situation about to happen you already have an exit plan .


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Fatunad on December 08, 2022, 08:59:20 PM
In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.

I agree, if we're not daily traders and prefer long-term then it's better just to buy now and come back after a few years when we hear another bull run. There's a lot of FUD out there that makes new investors afraid to wait for long term since they're new to this high volatility. If we don't have enough experience that builds our mentality it's better to invest for the long term and pick the best altcoin according to coinmarketcap.
You would be finding for yourself on how you would really be able to deal up with trading and since we do have different ways on how to approach things then it is really that normal to have those reactions.
Panic is something a very normal emotion that could really be felt off since we dont really like to lose and if we do see lots of negative news around then it is really just normal to have this kind of reaction.
Trading is never been a game but rather treat it as an business or venture which it is something that really worth to deal on and needing up for you to be serious.
You cant just make this like a gambling thing because thats not how it works.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Ziskinberg on December 08, 2022, 09:30:01 PM
In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.
You are just making yourselves very stressed as we can never change the direction of the market.
Panic and fear as been accumulated and it gives a terrible effect on the market prices and it turns it down badly. But we have seen these changes very common in a volatile and decentralized market. And I've found out that checking the market trend every day becomes unhealthy and sometimes it triggers uncertainties that is why I stay away from doing it just to give peace of mind.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: jossiel on December 08, 2022, 09:36:05 PM
Every market have a bear and bull cycle but crypto field is a young market and highly volatile with large institutes / whales investment  and We know trading is a competition then if you sell your crypto in lose it only your fault, So learn the chart history the dump is not happening first time , Take a lot of knowledge and experience that in future is there any situation about to happen you already have an exit plan .
And when the projection of the value of the crypto you hold is at loss then that's paper loss, you'll totally loss if you started selling it.

It's normal to see people react in panic because I've been there too. I don't think that it will be better before when I've started to understand of how this market is highly volatile.

After all of those years of learning, I've started to realize that whoever gets to panic sold at losses will not win due to the emotion but still can recover.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: tvplus006 on December 08, 2022, 11:45:36 PM
...After all of those years of learning, I've started to realize that whoever gets to panic sold at losses will not win due to the emotion but still can recover.

There are various reasons why you have to sell your coins and fix a loss. In some cases, investors sell their coins to buy them later at a lower price. We all remember how Tesla sold 75% of its BTC at a loss. Since then, the price of bitcoin has decreased by about 2 times, which means that Tesla can buy 2 times more bitcoins for the same money.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Ryker1 on December 08, 2022, 11:56:47 PM
...After all of those years of learning, I've started to realize that whoever gets to panic sold at losses will not win due to the emotion but still can recover.

There are various reasons why you have to sell your coins and fix a loss. In some cases, investors sell their coins to buy them later at a lower price. We all remember how Tesla sold 75% of its BTC at a loss. Since then, the price of bitcoin has decreased by about 2 times, which means that Tesla can buy 2 times more bitcoins for the same money.
Well you have a point here --but that is quite risky, I believe that Tesla company willing to gamble its money in that way. Because you don't know when the price drop and when it will go up. Perhpas when they are doing that, they have a backup plan, and they know how to play money as an investment. But for us who are always afraid of losses, we never sell at the loss point, because we don't have a backup fund when the price continues to drop.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: jossiel on December 09, 2022, 12:09:49 PM
...After all of those years of learning, I've started to realize that whoever gets to panic sold at losses will not win due to the emotion but still can recover.

There are various reasons why you have to sell your coins and fix a loss. In some cases, investors sell their coins to buy them later at a lower price. We all remember how Tesla sold 75% of its BTC at a loss. Since then, the price of bitcoin has decreased by about 2 times, which means that Tesla can buy 2 times more bitcoins for the same money.
That is if that's the plan, to rebuy at a lower price. But those that I know of, didn't buy when the price fell more but instead, they took the cash and forgot the market.

It's a good strategy for those who have been doing it for most times when the market is uncertain and most likely is about to have some more dump.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: wxa7115 on December 10, 2022, 05:14:42 AM
There are various reasons why you have to sell your coins and fix a loss. In some cases, investors sell their coins to buy them later at a lower price. We all remember how Tesla sold 75% of its BTC at a loss. Since then, the price of bitcoin has decreased by about 2 times, which means that Tesla can buy 2 times more bitcoins for the same money.
That is if that's the plan, to rebuy at a lower price. But those that I know of, didn't buy when the price fell more but instead, they took the cash and forgot the market.

It's a good strategy for those who have been doing it for most times when the market is uncertain and most likely is about to have some more dump.
And that is a huge problem with that strategy, if the price goes up after they sell then they are going to be very reticent about buying the same coins for a higher price.

However even if they happened to be right and the price went down those people are now going to begin to wonder if the price will go down even further after they buy, so they will be stuck in a cycle in which they will not know what to do, so while such a strategy may seem to have its uses, when you actually try to implement the strategy it becomes quite difficult to do it correctly.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Mpamaegbu on December 10, 2022, 08:10:06 AM
~snipped~
And also stop watching the price of Bitcoin or chart from time to time. It will not help you.
If your goal is for the long term, you don't need to observe the chart 24/7.
Go out, meet someone or do some things that will help you to avoid watching charts from time to time.
Especially, go out and meet senoritas if you're a good fella. Advice taken 😆. Well, the "stop watching the price of Bitcoin or chart from time to time" can only work for investors but not for traders who constantly it's consequent on them to do so. To be honest with you it's even time wasting to expect any upward movement from Bitcoin at the moment because it's a bear season. The only advisable thing to do now I'll be to Dollar Cost Averaging (DCA) on it. Buy bits if you can't afford a whole at once. Not to buy at all will be an action that will be regretted by this time in 2023.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: tvplus006 on December 10, 2022, 10:31:26 AM
There are various reasons why you have to sell your coins and fix a loss. In some cases, investors sell their coins to buy them later at a lower price. We all remember how Tesla sold 75% of its BTC at a loss. Since then, the price of bitcoin has decreased by about 2 times, which means that Tesla can buy 2 times more bitcoins for the same money.
That is if that's the plan, to rebuy at a lower price. But those that I know of, didn't buy when the price fell more but instead, they took the cash and forgot the market.

It's a good strategy for those who have been doing it for most times when the market is uncertain and most likely is about to have some more dump.
And that is a huge problem with that strategy, if the price goes up after they sell then they are going to be very reticent about buying the same coins for a higher price.

However even if they happened to be right and the price went down those people are now going to begin to wonder if the price will go down even further after they buy, so they will be stuck in a cycle in which they will not know what to do, so while such a strategy may seem to have its uses, when you actually try to implement the strategy it becomes quite difficult to do it correctly.

Obviously, companies like Tesla have a team of economists who can assess the current and future state of the market. And regardless of our desires, we see that the price of bitcoin correlates with the S&P 500 index, which means it is possible to predict the movement of BTC based on these economic assumptions. Therefore, it was decided that the price of bitcoin would decrease and there would be an opportunity to redeem coins at a lower price.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Pamadar on December 10, 2022, 10:38:05 AM
Every market have a bear and bull cycle but crypto field is a young market and highly volatile with large institutes / whales investment  and We know trading is a competition then if you sell your crypto in lose it only your fault, So learn the chart history the dump is not happening first time , Take a lot of knowledge and experience that in future is there any situation about to happen you already have an exit plan .
And when the projection of the value of the crypto you hold is at loss then that's paper loss, you'll totally loss if you started selling it.

It's normal to see people react in panic because I've been there too. I don't think that it will be better before when I've started to understand of how this market is highly volatile.

After all of those years of learning, I've started to realize that whoever gets to panic sold at losses will not win due to the emotion but still can recover.

Recover when you realized that you are making a big mistake in following the market downfall, though like what you have said, we came from that situation where fears really affect our investment.

When you see the market suffering with heavy downfall, the chance that you will sell thinking that avoiding
to lose a lot is practical than holding and letting go the whole amount of your investment.

That's a loss and regret will follow once the market start to pump back and recovers.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: xSkylarx on December 10, 2022, 10:40:21 AM

 Every market have a bear and bull cycle but crypto field is a young market and highly volatile with large institutes / whales investment  and We know trading is a competition then if you sell your crypto in lose it only your fault, So learn the chart history the dump is not happening first time , Take a lot of knowledge and experience that in future is there any situation about to happen you already have an exit plan .

History repeat it self that is mostly what you can hear from the traders because those experienced trader will already noticed  that it already happened before though back checking the chart cost you a lot of time but it is a good try since you can predict the possible move of the market. Also strategy is the key since that is where it measure your skills and where you can earn profit, dont forget also the risk rewards ratio and risk management so that you will not lose all of your money


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Memorabilia on December 14, 2022, 10:57:35 AM
This is true, it is a game of greed and fear. Don't allow fear to take over positive thoughts. It is simple, if you stay patient and alert, you’ll notice that BTC always picks up! Have faith.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Silberman on December 14, 2022, 08:58:53 PM

 Every market have a bear and bull cycle but crypto field is a young market and highly volatile with large institutes / whales investment  and We know trading is a competition then if you sell your crypto in lose it only your fault, So learn the chart history the dump is not happening first time , Take a lot of knowledge and experience that in future is there any situation about to happen you already have an exit plan .

History repeat it self that is mostly what you can hear from the traders because those experienced trader will already noticed  that it already happened before though back checking the chart cost you a lot of time but it is a good try since you can predict the possible move of the market. Also strategy is the key since that is where it measure your skills and where you can earn profit, dont forget also the risk rewards ratio and risk management so that you will not lose all of your money
While it is true that markets are cyclical and that in the case of bitcoin we roughly know how long it will take for the cycle to repeat itself, it is completely different to know this than to actually experience it, I have already gone though a bear market before so it is obvious I am not panicking like the newbies, but I will admit that my first bear market was way more difficult to go through, and if it was not for my firm belief in bitcoin I would have sold my coins like many people did back then, so it is possible many newbies are finding themselves in the same situation and they are unable to hold their coins because of this.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Mahanton on December 14, 2022, 09:19:49 PM

 Every market have a bear and bull cycle but crypto field is a young market and highly volatile with large institutes / whales investment  and We know trading is a competition then if you sell your crypto in lose it only your fault, So learn the chart history the dump is not happening first time , Take a lot of knowledge and experience that in future is there any situation about to happen you already have an exit plan .

History repeat it self that is mostly what you can hear from the traders because those experienced trader will already noticed  that it already happened before though back checking the chart cost you a lot of time but it is a good try since you can predict the possible move of the market. Also strategy is the key since that is where it measure your skills and where you can earn profit, dont forget also the risk rewards ratio and risk management so that you will not lose all of your money
While it is true that markets are cyclical and that in the case of bitcoin we roughly know how long it will take for the cycle to repeat itself, it is completely different to know this than to actually experience it, I have already gone though a bear market before so it is obvious I am not panicking like the newbies, but I will admit that my first bear market was way more difficult to go through, and if it was not for my firm belief in bitcoin I would have sold my coins like many people did back then, so it is possible many newbies are finding themselves in the same situation and they are unable to hold their coins because of this.
Every first time situation would really be that hard or a very common experience for a noob or into those people who dont able to experience at first.For sure or pretty sure you would be freaking out or do mind boggled
on whats happening in the market? This isnt the thing you've been expecting for but on the time that you had able to gain up sufficient experience then this is where real dealing would be starting.
On the recent or current price situation where the market turns out to be green, then it would be normal that people would be already reacting that this might be the start of the bull
run which its actually not or no one really knows on when it would be.This is why we do keep on speculating.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Sikinkato on December 16, 2022, 07:43:30 AM
In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.
Panic is inevitable. The market is unpredictable and they don't know what to expect. Many traders or investors will panic because the price will continue to fall and lose money. When they have a better understanding of the crypto market and more experience, they can properly control their emotions and reduce panic.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: lienfaye on December 16, 2022, 08:05:26 AM
There are various reasons why you have to sell your coins and fix a loss. In some cases, investors sell their coins to buy them later at a lower price. We all remember how Tesla sold 75% of its BTC at a loss. Since then, the price of bitcoin has decreased by about 2 times, which means that Tesla can buy 2 times more bitcoins for the same money.
That is if that's the plan, to rebuy at a lower price. But those that I know of, didn't buy when the price fell more but instead, they took the cash and forgot the market.

It's a good strategy for those who have been doing it for most times when the market is uncertain and most likely is about to have some more dump.
And that is a huge problem with that strategy, if the price goes up after they sell then they are going to be very reticent about buying the same coins for a higher price.

However even if they happened to be right and the price went down those people are now going to begin to wonder if the price will go down even further after they buy, so they will be stuck in a cycle in which they will not know what to do, so while such a strategy may seem to have its uses, when you actually try to implement the strategy it becomes quite difficult to do it correctly.
I think it's quite normal to have doubts and asking if you made the right decision to sell on the value that you think is the peaked price and buy during price declining then worrying if it's the bottom. Why worry if you already made profit for selling? The same goes if you had a discount for buying at cheap price? We can't predict what might happen next thus if our decision is not too bad then we should not dwell on it. Just don't panic buying/selling to avoid possible losses, otherwise you'll regret your decision after.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: d3nz on December 16, 2022, 05:29:34 PM

 Every market have a bear and bull cycle but crypto field is a young market and highly volatile with large institutes / whales investment  and We know trading is a competition then if you sell your crypto in lose it only your fault, So learn the chart history the dump is not happening first time , Take a lot of knowledge and experience that in future is there any situation about to happen you already have an exit plan .

History repeat it self that is mostly what you can hear from the traders because those experienced trader will already noticed  that it already happened before though back checking the chart cost you a lot of time but it is a good try since you can predict the possible move of the market. Also strategy is the key since that is where it measure your skills and where you can earn profit, dont forget also the risk rewards ratio and risk management so that you will not lose all of your money
While it is true that markets are cyclical and that in the case of bitcoin we roughly know how long it will take for the cycle to repeat itself, it is completely different to know this than to actually experience it, I have already gone though a bear market before so it is obvious I am not panicking like the newbies, but I will admit that my first bear market was way more difficult to go through, and if it was not for my firm belief in bitcoin I would have sold my coins like many people did back then, so it is possible many newbies are finding themselves in the same situation and they are unable to hold their coins because of this.
Every first time situation would really be that hard or a very common experience for a noob or into those people who dont able to experience at first.For sure or pretty sure you would be freaking out or do mind boggled
on whats happening in the market? This isnt the thing you've been expecting for but on the time that you had able to gain up sufficient experience then this is where real dealing would be starting.
On the recent or current price situation where the market turns out to be green, then it would be normal that people would be already reacting that this might be the start of the bull
run which its actually not or no one really knows on when it would be.This is why we do keep on speculating.

There is really a huge gap between newbies and experienced traders. And, most of the new traders are getting panic if they are being FUD or see a red PNL on their position, we all know that some of FUDs are just news to get panic for the market to explode and go on a downtrend which whales are taking advantage of it. Also, speculating about the market is also part of our market, this provides insight into every altcoin of what they think will happen in the coming months or years.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: tjtonmoy on December 16, 2022, 05:50:19 PM
To be clear, tho. It's just history repeating itself. Nothing more than that. The only people to lose in this kind of situation are newbie or those who are only buying BTC for investment.
They don't see the potential of BTC and don't know about it's past. Hence, the panic sell. Strong holders are still holding their share of Bitcoin.
DCA is a great way to increase your holding, but those who are willing to hold for a long term investment plan won't do it, I guess. That's just my understanding.

There is really a huge gap between newbies and experienced traders. And, most of the new traders are getting panic if they are being FUD or see a red PNL on their position, we all know that some of FUDs are just news to get panic for the market to explode and go on a downtrend which whales are taking advantage of it.
I used to do this a lot LOL.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Kasabus on December 16, 2022, 07:13:03 PM
In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.
True. You can never expect for the market to be always on the pump as it will always be volatile no matter what. Instead, accept the fact that when we are in a bearish market condition, crypto prices are dumping and so the best thing to do is hold them for long until we see them recovering again. Also, do not often monitor the market so you won’t feel pressured and end up panicking. For now, bitcoin accumulation would be the best resort.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Kelvinid on December 16, 2022, 08:20:15 PM
In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.
True. You can never expect for the market to be always on the pump as it will always be volatile no matter what. Instead, accept the fact that when we are in a bearish market condition, crypto prices are dumping and so the best thing to do is hold them for long until we see them recovering again. Also, do not often monitor the market so you won’t feel pressured and end up panicking. For now, bitcoin accumulation would be the best resort.
It was found to be the nature of the market, up and down. Perhaps, nothing has changed since from the start. In fact, many people had already anticipated that kind of event but unfortunately, those who are new in here got no idea what they are doing when the drops come as panic come into their minds. Likely, if we only understand how this works, we never can see panic selling but had already accepted the reality that not all can't manage to hold longer as weak hands are easily bothered by the FUDs and rumors.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: lalabotax on December 16, 2022, 09:59:12 PM
Guys , do not panic , its a cycle , everytime btc loses 60 to 70 % , it will recover with HUGE profit , check : graphics 10 years . always the same .

The major reason why they keep panicking is that they are too worried and influenced by the FUD. Moreover, if they are newbies, they will fall into a panic situation very easily. this is normal moreover if they are not really understanding the cycle of a bearish market and a bullish market. Btw, the main reason is also probably they are holding shit coins so that their portfolio keeps decreasing and they may be worried enough that their shit coins may not be able to rise up again.

To be clear, tho. It's just history repeating itself. Nothing more than that. The only people to lose in this kind of situation are newbie or those who are only buying BTC for investment.
What also commonly happens is panic buying and panic selling. We may see how many people especially newbies will panic buy when the price of Bitcoin is pumping gup. And they will panic selling once the price of Bitcoin is started to crash. Worse, during this bear market, they are not interested in adding their Bitcoin asset because they are too afraid of the FUD and they worry about Bitcoin cannot rise up again. But, I think that once the price of Bitcoin starts to rise up heading tot he bullish era, many people will keep buying again. Sadly, this mindset really happens often to people moreover newbies.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Lanatsa on December 16, 2022, 10:45:24 PM
In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.
True. You can never expect for the market to be always on the pump as it will always be volatile no matter what. Instead, accept the fact that when we are in a bearish market condition, crypto prices are dumping and so the best thing to do is hold them for long until we see them recovering again. Also, do not often monitor the market so you won’t feel pressured and end up panicking. For now, bitcoin accumulation would be the best resort.
It was found to be the nature of the market, up and down. Perhaps, nothing has changed since from the start. In fact, many people had already anticipated that kind of event but unfortunately, those who are new in here got no idea what they are doing when the drops come as panic come into their minds. Likely, if we only understand how this works, we never can see panic selling but had already accepted the reality that not all can't manage to hold longer as weak hands are easily bothered by the FUDs and rumors.
If there would be no ups and down, then how we would gonna be able to make money? This should be put up into your mind and would rather make it as an opening for you to get in.This is where traders do really

sit in on which trying out to play with those movement of price or volatility.What make things pain in the ass is on how to know if its the right time to buy or even the right time to sell.

We are all hoping or minding about maximizing possible profit which it is really just that understandable that mistakes and errors are really that common
into this field which is something that you would be facing up most of the time.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: LUCKMCFLY on December 17, 2022, 09:49:28 PM
Newcomers in the blockchain are most likely the people who do panic selling or panicking in this kind of situation of the market. It is either they bought at $20,000 and the price dumps even more, so they are thinking silly possibilities like it would not go up again and their money would be gone to waste in the long run, something like that or even more worst scenario. Once they get used to bearish market, they will completely act different and will not panic again in the next bearish market.

Yes, what you say is very true, you also have to take into account that sometimes the news is very yellowish and always tends to disaster when it comes to Bitcoin and cryptocurrencies, at once they say that bitcoin collided and what happened collapsed, this type of news is the most valued for people to feel fear and panic.

The world currently has many threats of war, of ugly things that are going to happen, and it usually happens that investors, faced with these evidences, then remove the investment in Bitocin and transfer it to FIAT or buy gold or profess to buy it in more reliable shares of the stock. market, each person decides what to do with their money, and for mmi that this is one of the reasons why there is still panic in the market.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Pamadar on December 18, 2022, 08:55:17 PM
In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.
True. You can never expect for the market to be always on the pump as it will always be volatile no matter what. Instead, accept the fact that when we are in a bearish market condition, crypto prices are dumping and so the best thing to do is hold them for long until we see them recovering again. Also, do not often monitor the market so you won’t feel pressured and end up panicking. For now, bitcoin accumulation would be the best resort.

That pressure will enagages you most of the time to a failed analysis, better to keep your investment on hold the very reaon why you need
to do your deep research and analysis to make sure that you are ready in anyhow.

Fear is something that you need work and need to beat when playing your cards riding
with the bear season, if you can buy and hold then wait for the bounce, the chance is
good to benefits from this business.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Ziskinberg on December 18, 2022, 09:46:27 PM
In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.
True. You can never expect for the market to be always on the pump as it will always be volatile no matter what. Instead, accept the fact that when we are in a bearish market condition, crypto prices are dumping and so the best thing to do is hold them for long until we see them recovering again. Also, do not often monitor the market so you won’t feel pressured and end up panicking. For now, bitcoin accumulation would be the best resort.

That pressure will enagages you most of the time to a failed analysis, better to keep your investment on hold the very reaon why you need
to do your deep research and analysis to make sure that you are ready in anyhow.

Fear is something that you need work and need to beat when playing your cards riding
with the bear season, if you can buy and hold then wait for the bounce, the chance is
good to benefits from this business.
We hold for some reason but we sell also for another reason as well. We can't just hold it all the time, sometimes we need to sell to open another big opportunity. If we think that those who are selling right now are in a panic, I'd never think about it because they might be selling them as market diversification. When it comes to business and if you are aiming to earn every day, holding isn't really a good idea but we did this as we are in the crypto market. That is why I would say that crypto investment can't be considered as main source of income.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Mahanton on December 21, 2022, 10:39:46 PM
In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.
True. You can never expect for the market to be always on the pump as it will always be volatile no matter what. Instead, accept the fact that when we are in a bearish market condition, crypto prices are dumping and so the best thing to do is hold them for long until we see them recovering again. Also, do not often monitor the market so you won’t feel pressured and end up panicking. For now, bitcoin accumulation would be the best resort.

That pressure will enagages you most of the time to a failed analysis, better to keep your investment on hold the very reaon why you need
to do your deep research and analysis to make sure that you are ready in anyhow.

Fear is something that you need work and need to beat when playing your cards riding
with the bear season, if you can buy and hold then wait for the bounce, the chance is
good to benefits from this business.
We hold for some reason but we sell also for another reason as well. We can't just hold it all the time, sometimes we need to sell to open another big opportunity. If we think that those who are selling right now are in a panic, I'd never think about it because they might be selling them as market diversification. When it comes to business and if you are aiming to earn every day, holding isn't really a good idea but we did this as we are in the crypto market. That is why I would say that crypto investment can't be considered as main source of income.
If you are really that eager on making profits as much as possible without the need of holding your assets or coins for long term then you would be mainly thinking about on selling out on peak
and buying when its dipping then you would definitely be going into that active sell and buy basing up on the market condition. Why everyone is panicking?
Only newbies do panic but there are some veteran ones who do able to do so due to some circumstances which we didnt really expect.
This market is unpredictable and there's no way you could able to know on what would gonna happen ahead.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Fesatmas on December 22, 2022, 07:03:48 PM
We hold for some reason but we sell also for another reason as well. We can't just hold it all the time, sometimes we need to sell to open another big opportunity. If we think that those who are selling right now are in a panic, I'd never think about it because they might be selling them as market diversification. When it comes to business and if you are aiming to earn every day, holding isn't really a good idea but we did this as we are in the crypto market. That is why I would say that crypto investment can't be considered as main source of income.
If you are really that eager on making profits as much as possible without the need of holding your assets or coins for long term then you would be mainly thinking about on selling out on peak
and buying when its dipping then you would definitely be going into that active sell and buy basing up on the market condition. Why everyone is panicking?
Only newbies do panic but there are some veteran ones who do able to do so due to some circumstances which we didnt really expect.
This market is unpredictable and there's no way you could able to know on what would gonna happen ahead.
There are situations where we have to buy and where we have to sell. Buying when the price is low and selling when the price is high, that's what we always do in this market. What makes us say that people panic is that they sell because they see a falling market movement and it's not uncommon for them to sell at a loss. If we talk about profits here, then it won't be profitable every time except for people who are patient to hold on. For people who have been in this space for a long time, there should be no reason to panic, as they have experienced bear market events like this many times.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: stomachgrowls on December 22, 2022, 09:23:04 PM
We hold for some reason but we sell also for another reason as well. We can't just hold it all the time, sometimes we need to sell to open another big opportunity. If we think that those who are selling right now are in a panic, I'd never think about it because they might be selling them as market diversification. When it comes to business and if you are aiming to earn every day, holding isn't really a good idea but we did this as we are in the crypto market. That is why I would say that crypto investment can't be considered as main source of income.
If you are really that eager on making profits as much as possible without the need of holding your assets or coins for long term then you would be mainly thinking about on selling out on peak
and buying when its dipping then you would definitely be going into that active sell and buy basing up on the market condition. Why everyone is panicking?
Only newbies do panic but there are some veteran ones who do able to do so due to some circumstances which we didnt really expect.
This market is unpredictable and there's no way you could able to know on what would gonna happen ahead.
There are situations where we have to buy and where we have to sell. Buying when the price is low and selling when the price is high, that's what we always do in this market. What makes us say that people panic is that they sell because they see a falling market movement and it's not uncommon for them to sell at a loss. If we talk about profits here, then it won't be profitable every time except for people who are patient to hold on. For people who have been in this space for a long time, there should be no reason to panic, as they have experienced bear market events like this many times.
Buy low and Sell high is the basic concept when making trades but applying it on real situation or on how you would gonna do it would really be the hardest thing to be done.This market is unpredictable
and this is why sufficient risk taking and management is really that crucial.We are just humans which it is really that normal that we would be able to feel out some greed and fear
which is really very that common because we are longing or doesnt really want to lose money.On the time that we are seeing that the market is declining then it does
really give out that vibe where you do panic out and presume that thing might gets worst ahead.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Fesatmas on December 23, 2022, 02:58:21 PM
We are just humans which it is really that normal that we would be able to feel out some greed and fear
But we can minimize greed and fear as long as we know how to overcome them. It's very natural when we become greedy and feel afraid because indeed that is our nature as humans, something that everyone must have. We have repeatedly been through situations like this, so don't let us fall into the same hole because we are overcome by fear, which actually has a solution for it.
A bear market like this will be an event that is sure to inspire fear, and don't let this (fear) be exploited more widely by FUD makers.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: xSkylarx on December 23, 2022, 04:40:32 PM
We are just humans which it is really that normal that we would be able to feel out some greed and fear
But we can minimize greed and fear as long as we know how to overcome them. It's very natural when we become greedy and feel afraid because indeed that is our nature as humans, something that everyone must have. We have repeatedly been through situations like this, so don't let us fall into the same hole because we are overcome by fear, which actually has a solution for it.
A bear market like this will be an event that is sure to inspire fear, and don't let this (fear) be exploited more widely by FUD makers.

We have emotions that is why we feel but this kind of behaviour or habit is not good and we need to change it for our good. The only positive impact that I can think of about greed is that we can learn that it is not good for us and for others and we can realize that we need to control our emotions and give chance to others, the same with fear, it can be positive to us towards making us safe but the same time how to play safe even if we have fears.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Anguwa on December 23, 2022, 08:50:21 PM


Stay strong guys , Bottom is near , many "panic" traders already sold their assets at a loss  , soon there will be no coins to sell ahaha , only buying opportunities

Happy trading
Since I began trading, I have never made a profit, but I believe this is because I always sell off as soon as I notice that the amount I purchased is declining and not returning; perhaps in a few days, I will be afraid not to lose all the money, so I will then sell off.
The advice you are giving has caught my attention because I have read a lot of articles about long-term investments, which I am currently involved in. However, I am concerned that this bear market will continue for a long time because, in my opinion, it should have ended by now and we should be expecting another January, but it has been around for almost a year now, which is definitely making me nervous.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Distinctin on December 23, 2022, 10:59:28 PM
Guys , do not panic , its a cycle , everytime btc loses 60 to 70 % , it will recover with HUGE profit , check : graphics 10 years . always the same .

From years now we are trading btc , its always the same patern .

Btc lose 50 to 70% then price bounce x2 x3 x5 .

Its all a game of greed and fear

Some good advices for investing and trading :

1 ) - stop listening to twitter/shit medias ,  bitcoin " advisors or consultants" usually they are paid advertisements from btc whales to buy lower or to get more profits in their shorts : panic panic panic : china china china , russia russia russia , SEC SEC SEC inflation inflation inflation . ....... all bullshit

2) - Buy small amounts at a time , we are buying at 19k , 16 k , 14k , 12k , 10.1k , 7.25k wherever it goes we keep buying . This is how big financial funds and big traders are averaging their buy

3) Go for long term investment , ask yourself : what will be bitcoin price in 5 years from now ? Going to zero ? Going to 250k ? stay at same price ?

- If goes to zero : (which i highly doubt , because if goes lower , HUGE investors will buy the opportunity) BUT AGAIN : Never Invest Money You Can't afford To Lose .

- if goes to 250k => bingo !!!  (just be patient and for god sacks stop reading these twitter posts and shit medias talks , its all  manipulation )

- if stays the same , then nothing lost , no reason to panic .

Stay strong guys , Bottom is near , many "panic" traders already sold their assets at a loss  , soon there will be no coins to sell ahaha , only buying opportunities

Happy trading
The only reason why people are in panic because they simply lack the faith with the coins they trade. Although I would say not only newbies but even old traders panic, but we know it from the start that it will only push us being doomed. So panicking is never reasonable at all. Crypto prices are highly volatile, sometimes it’s up, sometimes it’s down. And when everything’s down especially we are still in a bear market, then we have to stay patient and calm, otherwise we will end up losing not only our expected profits but definitely the coins that we have been hodling for long.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: LUCKMCFLY on December 24, 2022, 12:12:50 AM
...After all of those years of learning, I've started to realize that whoever gets to panic sold at losses will not win due to the emotion but still can recover.

There are various reasons why you have to sell your coins and fix a loss. In some cases, investors sell their coins to buy them later at a lower price. We all remember how Tesla sold 75% of its BTC at a loss. Since then, the price of bitcoin has decreased by about 2 times, which means that Tesla can buy 2 times more bitcoins for the same money.
That is if that's the plan, to rebuy at a lower price. But those that I know of, didn't buy when the price fell more but instead, they took the cash and forgot the market.

It's a good strategy for those who have been doing it for most times when the market is uncertain and most likely is about to have some more dump.

Eventually when we enter the world of bitcoin regarding market speculation and investment it is very likely that we can see it as a better option to have more Bitcoin or any other crypto, I say Bitcoin because for me it is the currency that always It will be the one that commands, but when we have or enter for the first time, what they always tell us is to buy low, sell high, and that is very difficult to predict, there are many theories, many tools that can be used for us to have an idea of what can be done, so if this is done naturally and following through with everything, you can have the conviction that you will always buy low and sell high...


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Fesatmas on December 24, 2022, 12:40:56 PM
But we can minimize greed and fear as long as we know how to overcome them. It's very natural when we become greedy and feel afraid because indeed that is our nature as humans, something that everyone must have. We have repeatedly been through situations like this, so don't let us fall into the same hole because we are overcome by fear, which actually has a solution for it.
A bear market like this will be an event that is sure to inspire fear, and don't let this (fear) be exploited more widely by FUD makers.

We have emotions that is why we feel but this kind of behaviour or habit is not good and we need to change it for our good. The only positive impact that I can think of about greed is that we can learn that it is not good for us and for others and we can realize that we need to control our emotions and give chance to others, the same with fear, it can be positive to us towards making us safe but the same time how to play safe even if we have fears.
Greedy does have a negative meaning, but why not make the word greedy have a positive meaning? it can be done right. Actually in this case it has to be balanced, yes I mean we can be greedy but within certain limits, we also shouldn't overdo it in suppressing our fears because if it's excessive it might give a negative appearance, like being bolder which is not based on our knowledge of the market. In this crypto space there must be continuity between our emotions so that we can see the market more idealistically.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: fuguebtc on December 24, 2022, 01:08:43 PM


Stay strong guys , Bottom is near , many "panic" traders already sold their assets at a loss  , soon there will be no coins to sell ahaha , only buying opportunities

Happy trading
Since I began trading, I have never made a profit, but I believe this is because I always sell off as soon as I notice that the amount I purchased is declining and not returning; perhaps in a few days, I will be afraid not to lose all the money, so I will then sell off.
The advice you are giving has caught my attention because I have read a lot of articles about long-term investments, which I am currently involved in. However, I am concerned that this bear market will continue for a long time because, in my opinion, it should have ended by now and we should be expecting another January, but it has been around for almost a year now, which is definitely making me nervous.

Like what you said, I can give you advice: you need to learn more about the history of the market as well as bitcoin. If history repeats itself, that means the winter cycle will last 4 years, and we have more than 2 years to go, we are only halfway through the winter. You need to be more mentally prepared for a bear market, don't expect a bull market to happen soon, it will only make you more frustrated and anxious. Remember that previous bull seasons only happened when the halving occurred, and that will happen in 2024 and 2025.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: ultrloa on December 24, 2022, 02:13:21 PM
But we can minimize greed and fear as long as we know how to overcome them. It's very natural when we become greedy and feel afraid because indeed that is our nature as humans, something that everyone must have. We have repeatedly been through situations like this, so don't let us fall into the same hole because we are overcome by fear, which actually has a solution for it.
A bear market like this will be an event that is sure to inspire fear, and don't let this (fear) be exploited more widely by FUD makers.

We have emotions that is why we feel but this kind of behaviour or habit is not good and we need to change it for our good. The only positive impact that I can think of about greed is that we can learn that it is not good for us and for others and we can realize that we need to control our emotions and give chance to others, the same with fear, it can be positive to us towards making us safe but the same time how to play safe even if we have fears.
Greedy does have a negative meaning, but why not make the word greedy have a positive meaning? it can be done right. Actually in this case it has to be balanced, yes I mean we can be greedy but within certain limits, we also shouldn't overdo it in suppressing our fears because if it's excessive it might give a negative appearance, like being bolder which is not based on our knowledge of the market. In this crypto space there must be continuity between our emotions so that we can see the market more idealistically.
If you are balance then your not greedy because this situation will make you excess on something you want ao there's nothing good on being greedy since it will follow a huge risk for losing something to you. Maybe your right on what you say balance since we really need that to avoid getting huge losses and will not expect on something almost impossible to come.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: 8rch7 on December 24, 2022, 02:31:18 PM
Have been human habit about panic moment for selling or cut loss when Bitcoin drop drastically, I think many investor panic when hearing bad news about Bitcoin will die. I don't remember with how many time when Bitcoin drastically drop and have bad news the era of Bitcoin ended, actually many time Bitcoin get drop drastically and I still remember first time I know with Bitcoin when China banned all cryptocurrency transaction and Bitcoin going drop.

After few months later, Bitcoin can recovery and make higher price before FUD or banned announcement from China, believe or not never heard any  FUD about Bitcoin will be end and make us panic for selling in lower price.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Fesatmas on December 25, 2022, 01:23:06 PM
If you are balance then your not greedy because this situation will make you excess on something you want ao there's nothing good on being greedy since it will follow a huge risk for losing something to you. Maybe your right on what you say balance since we really need that to avoid getting huge losses and will not expect on something almost impossible to come.
No, I mean when we want profit, isn't that greed? but still within reasonable limits if we set realistic profit targets from how much capital we spend and also in which coins we invest. The greed that must be avoided is unrealistic greed, for example we set unreasonable targets, such as 1000x on a coin where the potential is not big, even with not much capital at all. We can actually avoid things like this very easily if we have a lot of knowledge.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: palle11 on December 29, 2022, 04:08:47 PM

No, I mean when we want profit, isn't that greed? but still within reasonable limits if we set realistic profit targets from how much capital we spend and also in which coins we invest. The greed that must be avoided is unrealistic greed, for example we set unreasonable targets, such as 1000x on a coin where the potential is not big, even with not much capital at all. We can actually avoid things like this very easily if we have a lot of knowledge.

Yes to set unrealistic and unreasonable trade target is a greedy trading. It is not as if you don't have to aim to big profit but it doesn't come all the time. Some trading set up give you that in a week but you don't have to force it to happen, you only allow and follow the market the way it comes. Having so much long target get you on the market also for longtime and that can put you in risk of you capital if even you are not using stop loss, that is worse of.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: samcoin on December 29, 2022, 05:06:55 PM

Stay strong guys , Bottom is near , many "panic" traders already sold their assets at a loss  , soon there will be no coins to sell ahaha , only buying opportunities

Happy trading

We can't blame people who joined the market during the recent bull run under the effect of the big FOMO that was going on, every celebrity was putting laser eyes and waiting Bitcoin to reach $100k. Now, everyone (maybe the same people) are waiting Bitcoin to reach lower prices, I have been hearing very low numbers like 6k or even 3k. For me, I lost a lot during the 2017-2019 bear market and now I understand how things goes in Crypto, I honestly didn't sell at the exact top in this cycle, but sold good amount on the way down, so I'm able to accumulate these days. IMO, the ability to control emotions comes along with our experiments, we can't ask people who didn't try the bear market to hold until they see the results in the next bull which I believe will be big.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: milewilda on December 29, 2022, 10:08:16 PM

Stay strong guys , Bottom is near , many "panic" traders already sold their assets at a loss  , soon there will be no coins to sell ahaha , only buying opportunities

Happy trading

We can't blame people who joined the market during the recent bull run under the effect of the big FOMO that was going on, every celebrity was putting laser eyes and waiting Bitcoin to reach $100k. Now, everyone (maybe the same people) are waiting Bitcoin to reach lower prices, I have been hearing very low numbers like 6k or even 3k. For me, I lost a lot during the 2017-2019 bear market and now I understand how things goes in Crypto, I honestly didn't sell at the exact top in this cycle, but sold good amount on the way down, so I'm able to accumulate these days. IMO, the ability to control emotions comes along with our experiments, we can't ask people who didn't try the bear market to hold until they see the results in the next bull which I believe will be big.
You  would eventually learn up things if you have been able to experience it back in the past.For those who do have experience do really knows on what to do because our bitter experience into those previous years would really be reminding us that we should really be not that confident if we do see prices are breaking new heights which it would really be that normal that you would be having that fomo feeling.
If you are really that greedy and wait up for something more and then the price crash or made out some correction then this is where you would be finding out that you had committed a big mistake.
On next time then you do already know on what you would gonna do on these particular moments.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: o48o on December 29, 2022, 11:09:18 PM
I don't think that this is the forum where people panic about bitcoin. However answering to your question: People panic because they have always done so on the bear market. It doesn't matter if it's a crypto or not, it's the market cycle and there are even technical analyses based on such human behavior (elliot wave). Markets move in cycles because it's sort of mirror of human behavior, it goes in cycles too. If you are not part of it, consider yourself lucky as markets are rigged against feelings and you can play with them if you can detach yourself out from fear or greed.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Pamadar on January 01, 2023, 11:47:27 AM

Stay strong guys , Bottom is near , many "panic" traders already sold their assets at a loss  , soon there will be no coins to sell ahaha , only buying opportunities

Happy trading

We can't blame people who joined the market during the recent bull run under the effect of the big FOMO that was going on, every celebrity was putting laser eyes and waiting Bitcoin to reach $100k. Now, everyone (maybe the same people) are waiting Bitcoin to reach lower prices, I have been hearing very low numbers like 6k or even 3k. For me, I lost a lot during the 2017-2019 bear market and now I understand how things goes in Crypto, I honestly didn't sell at the exact top in this cycle, but sold good amount on the way down, so I'm able to accumulate these days. IMO, the ability to control emotions comes along with our experiments, we can't ask people who didn't try the bear market to hold until they see the results in the next bull which I believe will be big.
You  would eventually learn up things if you have been able to experience it back in the past.For those who do have experience do really knows on what to do because our bitter experience into those previous years would really be reminding us that we should really be not that confident if we do see prices are breaking new heights which it would really be that normal that you would be having that fomo feeling.
If you are really that greedy and wait up for something more and then the price crash or made out some correction then this is where you would be finding out that you had committed a big mistake.
On next time then you do already know on what you would gonna do on these particular moments.

Bitter experience indeed. That hurt when you see yourself being over greed instead of selling with decent profits. You wait for more time, then the market crashed down and you lose your opportunities.

Sad thing, instead of making money you will lose when you fail to sell and the market already falls
too hard and bring negative to your investment. Fear and disappointment will push you to sell
even with losses and regret that decision.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: LUCKMCFLY on January 03, 2023, 11:44:23 PM
The things that are happening in the world have their repercussions on the market and that is something very obvious, each person has a way of analyzing the market, but they have to take into account that great investors are human, and they are very susceptible, that They only allow themselves to be driven by panic many times to lose the value of their money, that is why when there are great threats of war or something like that, the prices go down, because investors sell their crypto and take their money and put it in in gold or in a stock that is quite safe, that usually happens most of the time in any speculative market, it is something that is common.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: Lanatsa on January 03, 2023, 11:52:50 PM
The things that are happening in the world have their repercussions on the market and that is something very obvious, each person has a way of analyzing the market, but they have to take into account that great investors are human, and they are very susceptible, that They only allow themselves to be driven by panic many times to lose the value of their money, that is why when there are great threats of war or something like that, the prices go down, because investors sell their crypto and take their money and put it in in gold or in a stock that is quite safe, that usually happens most of the time in any speculative market, it is something that is common.

Its a matter of switch up and to those experienced people are the ones who do make out such move on where they are really that versatile and could make out adjustments.Market condition doesnt always
end up to be on greens most of the time which it would really be just normal that you would really be reactive on the time that it would be making some dips or crash.
We are just indeed humans where emotions and actions could really be ending up the same, doesnt matter if you are experienced or just still newbie on this investment
world where these feelings could really be the same be felt on.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: uneng on January 04, 2023, 12:39:37 AM
The things that are happening in the world have their repercussions on the market and that is something very obvious, each person has a way of analyzing the market, but they have to take into account that great investors are human, and they are very susceptible, that They only allow themselves to be driven by panic many times to lose the value of their money, that is why when there are great threats of war or something like that, the prices go down, because investors sell their crypto and take their money and put it in in gold or in a stock that is quite safe, that usually happens most of the time in any speculative market, it is something that is common.
Something that intrigues me is that during Covid pandemic we had bitcoin on its best moment, the ATH of 2021, although people said the pandemic was harmful to bitcoin, as it was affecting the global economy negatively. Now the world has a war, and bitcoin isn't doing well, but if we followed that same logic of the pandemic, bitcoin should be doing great at this time, also because bitcoin should be a smart way to transact money from foreigner countries to Ukraine and Russia, in order to sponsor the nations. At same time, bitcoin would be an useful tool for ukrainian and russian billionaires and millionaires to move their funds abroad. And it's not happening.

Maybe you are right and they went fully into gold and stable stocks. But then, I ask myself again, why wasn't this same logic used during the pandemic? ???


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: TravelMug on January 04, 2023, 01:54:00 AM
The things that are happening in the world have their repercussions on the market and that is something very obvious, each person has a way of analyzing the market, but they have to take into account that great investors are human, and they are very susceptible, that They only allow themselves to be driven by panic many times to lose the value of their money, that is why when there are great threats of war or something like that, the prices go down, because investors sell their crypto and take their money and put it in in gold or in a stock that is quite safe, that usually happens most of the time in any speculative market, it is something that is common.
Something that intrigues me is that during Covid pandemic we had bitcoin on its best moment, the ATH of 2021, although people said the pandemic was harmful to bitcoin, as it was affecting the global economy negatively. Now the world has a war, and bitcoin isn't doing well, but if we followed that same logic of the pandemic, bitcoin should be doing great at this time, also because bitcoin should be a smart way to transact money from foreigner countries to Ukraine and Russia, in order to sponsor the nations. At same time, bitcoin would be an useful tool for ukrainian and russian billionaires and millionaires to move their funds abroad. And it's not happening.

Maybe you are right and they went fully into gold and stable stocks. But then, I ask myself again, why wasn't this same logic used during the pandemic? ???

If I'm not mistaken, many people have received covid-19 relief and maybe most of them just decided to invest in bitcoin during that pandemic and is the correct decision as the price goes up to all time high. And perhaps it was the timing as well, the world is at bad shape, however, we just had our scheduled block halving in 2020 so there is no stopping bitcoin from increasing although we have covid-19 scare in the background.

But now that we are in a bear market, it's a different story, economy is in bad shape so no money flowing right now.

Nevertheless it will be a different story again in 2024-2025.


Title: Re: Why everybody is panicking ? Its a game of greed and fear !
Post by: uneng on January 04, 2023, 05:38:48 PM
The things that are happening in the world have their repercussions on the market and that is something very obvious, each person has a way of analyzing the market, but they have to take into account that great investors are human, and they are very susceptible, that They only allow themselves to be driven by panic many times to lose the value of their money, that is why when there are great threats of war or something like that, the prices go down, because investors sell their crypto and take their money and put it in in gold or in a stock that is quite safe, that usually happens most of the time in any speculative market, it is something that is common.
Something that intrigues me is that during Covid pandemic we had bitcoin on its best moment, the ATH of 2021, although people said the pandemic was harmful to bitcoin, as it was affecting the global economy negatively. Now the world has a war, and bitcoin isn't doing well, but if we followed that same logic of the pandemic, bitcoin should be doing great at this time, also because bitcoin should be a smart way to transact money from foreigner countries to Ukraine and Russia, in order to sponsor the nations. At same time, bitcoin would be an useful tool for ukrainian and russian billionaires and millionaires to move their funds abroad. And it's not happening.

Maybe you are right and they went fully into gold and stable stocks. But then, I ask myself again, why wasn't this same logic used during the pandemic? ???

If I'm not mistaken, many people have received covid-19 relief and maybe most of them just decided to invest in bitcoin during that pandemic and is the correct decision as the price goes up to all time high. And perhaps it was the timing as well, the world is at bad shape, however, we just had our scheduled block halving in 2020 so there is no stopping bitcoin from increasing although we have covid-19 scare in the background.

But now that we are in a bear market, it's a different story, economy is in bad shape so no money flowing right now.

Nevertheless it will be a different story again in 2024-2025.
Ah! I think you hit the point! Bitcoin halving! It totally matches the last bull run which started in 2020 and resulted in the ATH of 2021.

Doesn't matter what the world is facing, it can be a sanitary pandemic or a war, bitcoin will show positive results despite any inconveniences, since it's halving time.

Always bitcoin loses price we try to find a reason to explain that by looking the currently events and news happening in the world, but it seems the reality is much simpler than that: it's just that we aren't in the cycle of halving. And that is why bitcoin is looking weak right now.