Title: Don't panic Post by: akirasendo17 on July 16, 2021, 01:59:21 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.
Title: Re: Don't panic Post by: Refrumatrix on July 16, 2021, 02:03:04 PM I don't blame them for being panic, if bear takes over the market while you are still holding some altcoins you will be forced to hold for years again like 2017 or take your loss and leave, this is why I warned so many against buying at high price, this isn't a time to buy but a time to take profits but many don't see things this way
Title: Re: Don't panic Post by: OcTradism on July 16, 2021, 02:03:55 PM They lost their money because
- Did not do their own research. DYOR is a first thing to learn, practice in this risky market. - They are too greed and skip all rules they learnt to join and gamble, even with scam projects. They smell risk but they accept risk and they are readily to gamble. - They use leverages uncontrolleable and were liquidated. Title: Re: Don't panic Post by: kizlod on July 16, 2021, 02:31:33 PM People are selling in panic because they are not prepared for this if they are new and often they spending money they can't afford to lose. They think about profit and don't considering the fact that price can go down.
Title: Re: Don't panic Post by: Beparanf on July 16, 2021, 02:36:09 PM - They use leverages uncontrolleable and were liquidated. This is the most common reason nowadays while people in cryptocurrency world lose money. Newbie wants to a fast phase earning that's why they are already gambling on leverage trading with high leverage just to earn quickly. The problem on this High leverage trading was the price movement on crypto is very volatile, You might in profit for a seconds then burn it all once the market reverse instantly. This is what newbie traders don't understand when doing leverage trading. Title: Re: Don't panic Post by: terciduk123 on July 16, 2021, 02:45:10 PM Someone panics because of several things, including trading without analysis, not understanding when is the right time to buy and sell. Besides that, because he don't use good financial management, try to trade crypto with free money and never go all-in
Title: Re: Don't panic Post by: aprilnot on July 16, 2021, 02:46:55 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Panic is not the biggest factor, there are other factors that are more dangerous, namely lack of confidence, impatience, and giving up easily. this is the thing that causes one to still lose money in the crypto market. they lack confidence and prefer to listen to what people have to say. just following the hype without trying to make your own decisions. impatient, those who lose are usually always impatient to sell when the price suddenly drops. and give up easily, everyone has experienced losses in the crypto market. but those who succeed are the ones who come back from failure. those who give up will only lose. this is what makes people lose their money because of crypto market.Title: Re: Don't panic Post by: aditasetia123 on July 16, 2021, 02:54:15 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. the main reason maybe they have no knowledge to face unpredictable market condition. Mental, psychology , and trading knowledge didnt prepare well before start investing in any finance market. They tempted by profit that shared by their friend or colleguea so thinking its east to earn money. Title: Re: Don't panic Post by: akar87 on July 16, 2021, 03:26:31 PM I totally agree with your suggestion, when I first traded, I always panicked and lost a lot, but it was a lesson for me and now I can control my emotions and try to hold my coins until the price goes up Many new trader are panic when faced bad new exactly about bitcoin banned in some country, they will sell bitcoin and altcoin assets without care how much loss. I think bad thing still faced with panic moment because many people try to make fud and get bitcoin or altcoin with lower price, they not care about bad news because this good choose and moment to buy back not for selling assets.Title: Re: Don't panic Post by: Skinny48 on July 16, 2021, 03:27:59 PM If you are a newbie stay away from trading because it's 💯 different from crypto investment, also it's not always about panic mood some people have greed in them that's why they lose some money, they don't know what to quit after making some good gains, they simply want to be rich overnight
Title: Re: Don't panic Post by: Ararbermas on July 16, 2021, 03:39:28 PM "don't panic" is kind of word that so easy to say but too hard to apply when market struggling and especially at the same time you're staring at your money that gradually decreasing. Of course there are some investors that can really hold their emotions when it comes such scenario but the sad thing is mostly can't manage it reason market always getting worse when there's a negative news and etc. This became normal situation actually since market is full of people with different attitude. So we need to understand.. Infact all of this is just a temporary and so on there's always a good things that always happen but it requires a lot of patience..
Title: Re: Don't panic Post by: masterrex on July 16, 2021, 03:45:38 PM That's what they always say, but in reality, it is pretty hard to practice those reminders, I don't know what was the reason but in my personal experiences the incidents just keep repeating that's why for me I won't bother it anymore its additional burden in my head, by the way, crypto-related stress can trigger anxiety attacks, I have a friend that was currently experienced it. because of that reason, I'm started to control my crypto-related goals by removing those too-good-to-be-true targets.
Title: Re: Don't panic Post by: Mpamaegbu on July 16, 2021, 03:53:56 PM They lost their money because Your post said it better succinctly. The second point is the vice which has kept many crypto enthusiasts down. They see crypto as an easy way to cash out, a get rich quick scheme, which is erroneous actually. They go all in and then are trapped because most times they invest in shitty projects that eventually turn scam. Your last point is what I term "practising ignorance" People go into something they truly don't understand. Leveraging into margin trading or Futures when you truly don't have a full grasp of it is akin to diving without the kits. That is what some traders do and it's dangerously dangerous, if you know what I mean. - Did not do their own research. DYOR is a first thing to learn, practice in this risky market. - They are too greed and skip all rules they learnt to join and gamble, even with scam projects. They smell risk but they accept risk and they are readily to gamble. - They use leverages uncontrolleable and were liquidated. Title: Re: Don't panic Post by: Fesatmas on July 16, 2021, 03:55:07 PM in a hurry and don't know how the crypto concept works. they get carried away only seeing a slight decrease and increase in the percentage of profits and then as if they have understood it very complex. but it turns out that they misjudged and interpreted price movements.
nothing works in a minute, they still don't realize that all prices don't increase overnight, just because of seeing the rich information of crypto. they only know the sweetness. not bitterly in crypto trading. The first mistake is not learning all about crypto. Title: Re: Don't panic Post by: inanilujimi on July 16, 2021, 03:58:13 PM That's what they always say, but in reality, it is pretty hard to practice those reminders, I don't know what was the reason but in my personal experiences the incidents just keep repeating that's why for me I won't bother it anymore its additional burden in my head, by the way, crypto-related stress can trigger anxiety attacks, I have a friend that was currently experienced it. because of that reason, I'm started to control my crypto-related goals by removing those too-good-to-be-true targets. that's right dude, I have good friends but right now it's like people don't have the spirit to live because they are constantly haunted by regret. therefore do not use money for daily needs when investing in crypto because this is something that is dangerous for the mentality of those who do it.Title: Re: Don't panic Post by: Kasabus on July 16, 2021, 04:03:37 PM in a hurry and don't know how the crypto concept works. they get carried away only seeing a slight decrease and increase in the percentage of profits and then as if they have understood it very complex. but it turns out that they misjudged and interpreted price movements. Admit it or not, people nowadays come into crypto just for pure profits so they easily jump into investing or buying those coins even without enough awareness and preparation. And the main reason why they keep on losing is that they don't know crypto from the start.nothing works in a minute, they still don't realize that all prices don't increase overnight, just because of seeing the rich information of crypto. they only know the sweetness. not bitterly in crypto trading. The first mistake is not learning all about crypto. So in times of bearish trend, they end up being impatient and carried easily by their emotions so they come up with panic selling. We won't lose actually if we don't sell them at a lower price. Newbies tend to repeat this mistake again and again. Title: Re: Don't panic Post by: joaoenmanuel on July 16, 2021, 04:33:38 PM It is important to educate yourself and do your research before making a decision on how and in what we are going to invest in crypto. You need to study the project, its use cases, its associations, and its community. For newbies, I would recommend starting a project like DIVI, because it has formed a learning community and has very solid projects. As his mission is to make crypto easy for everyone, he has developed strategies that truly allow ordinary people without great cryptographic knowledge, to get involved in an organic and natural way with the world of cryptocurrencies.
DYOR www.diviproject.org Title: Re: Don't panic Post by: Pelana vreo on July 16, 2021, 04:49:28 PM Naturally, everyone has a feeling of panic in their mind, at the beginning of the decline in crypto prices in 2018 I panicked and at that time I sold my Ethereum because the price went down, but after I found out that cryptocurrency prices were very volatile then I started to understand, HODL is a good decision if we have Bitcoin and other top altcoins for long term investment.
Title: Re: Don't panic Post by: ipanks on July 16, 2021, 04:51:41 PM Panic is a big problem that every trader will face but they will not panic if they know what they did. Most traders are trading coins without analyzing before and follow others' suggestions so that when the coin does not increase but it is down, they panic because they are not ready to see that. If traders can analyze first before or after they get information about the coins, they can know if they are potential or not to buy. The other thing that trader need to think is how they can take profit while the price increase.
Title: Re: Don't panic Post by: harizen on July 16, 2021, 05:06:00 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, Being panic is a natural thing so it's a normal reaction of a person even for those experienced traders. Let those people panic as experiencing any mistakes, errors, and losses are some of the keys to become a good trader in the future. With that experience, a trader, while in progress will do everything not to make the same mistake on their future trades. It's good to compare to always winning as these people will think that crypto is an easy money scheme. Just give them time and soon they will finally be able to control and manage their emotions whatever the trend. Title: Re: Don't panic Post by: sukmo on July 16, 2021, 05:14:29 PM As a beginner having concerns about the falling price of a coin it is a natural thing. Because indeed everything in the cryptocurrency world requires an experience and research.
Sometimes we've done research and bad things can happen in the future. If my opinion invests in this cryptocurrency world if you want to get profit there are 3 keys that we must have. 1. Be patient 2. Mental 3. Research and experience Title: Re: Don't panic Post by: wxa7115 on July 16, 2021, 05:42:30 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. While panic is an important reason why people lose money I think you mentioned even more important reasons which are greed and ignorance, if people simply accepted that they did not have the knowledge to trade the markets and that it will be impossible for them to make profits here then they will never panic as they will not be invested in the market.But they decide to do it out of greed and their ignorance causes them to take bad decisions, only then panic takes place and they take even worse decisions as now they are under incredible stress and it is known that people underperform under those circumstances. Title: Re: Don't panic Post by: SARA ISLAM on July 16, 2021, 06:06:16 PM Panic as well as people’s lack of education and responsible for the loss. Most new traders will see Telegram Signal relying on the group, which is not right, I think trading should be done with a minimum trading education. Properly following the fundamentals of over-trading and targeted coins, including money management, can be profitable.
Title: Re: Don't panic Post by: kapalmabur on July 16, 2021, 06:21:11 PM Panic is a big problem that every trader will face but they will not panic if they know what they did. Most traders are trading coins without analyzing before and follow others' suggestions so that when the coin does not increase but it is down, they panic because they are not ready to see that. If traders can analyze first before or after they get information about the coins, they can know if they are potential or not to buy. The other thing that trader need to think is how they can take profit while the price increase. Before trading the coin traders should analyze and follow market movements,that way at least we can make the right decisions and most traders believe in what other people say without doing their own analysis first, indeed it is not easy but if we continue to learn maybe panic will not happen easily Title: Re: Don't panic Post by: imstillthebest on July 16, 2021, 06:25:27 PM i dont think that was the main reason why they lose but i think the main reason is lack of knowledge .
panic could come next and panic occurs when they hear something negative or when they saw the price is falling . you could still loose even if your only chilling because your forgetting to check the price. it is important that we are updated with our coin for us to make a profit or prevent from loosing too much. Title: Re: Don't panic Post by: Samurai trieng on July 16, 2021, 07:50:13 PM In my opinion panic is a very fatal mistake in investing in crypto, because panic can give us big losses later, before investing or trading we should study and research intensively about the movement of the altcoins we are trading, so that panic is not easily present in us , although panic is a very normal thing to happen,
Title: Re: Don't panic Post by: isaac_clarke22 on July 16, 2021, 08:01:19 PM ~ Emotion is already part of us, OP. If we are all robots, then emotion is our built-in function. About the losing money stuff, it is either they're just in a hurry to earn money which is not surprising to a lot of people on how they look at crypto or they are driven easily by popular celebs in whatever social media site you can mention. This is why when it comes to crypto, I read more stuffs in here rather than those celebrities that don't even know crap about crypto with all their blind followers. Title: Re: Don't panic Post by: Desmong on July 16, 2021, 10:43:27 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Op needs to know that even crypto guru do lose funds in crypto investment. Sometimes is not that easy to differentiate a scam project from genuine ones because everything can be mixed up. A lots of promises and project interface can lure one into buying the wrong coin, later then regretting about it. Research can be carried out about a crypto project but it's not easy to spot good project, this is why crypto investment or trading has it's own level of risks. Buying and of coin in crypto should be the money a person is ready to forfiet if eventually things go wrong. Title: Re: Don't panic Post by: gundala on July 16, 2021, 10:49:04 PM we have to define a lower limit and an upper limit for crypto. because people usually forget to apply it so they panic. and panic usually hits beginners who are prone to issues. so try not to panic do an analysis of the existing issues isu Panic is experienced by many new investors or traders who are new to the crypto ecosystem. most panic because what is expected to happen is not as expected, moreover cryptocurrencies are very volatile. we can not only rely on feelings and luck, as you said, we have to do analysis to determine safe limits for buy and sell. without strategy and knowledge, we are like entering the forest without bringing enough supplies, we can get lost, so it's best before getting involved with crypto first learn the basics.Title: Re: Don't panic Post by: blockman on July 16, 2021, 10:56:26 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. That's one reason when newbies see the market plummet, they're already becoming anxious and think that it's the end of the crypto market so they panic. But for the experienced ones, we're not thinking of it because we're already aware that it can happen and no matter how big the dump would be, that's fine because we've experienced that before and it's more than the plummet that we've experienced a few years back. Newbies have to be calm and patient whenever they see the market goes down because even it is disappointing, you have to make sure that you've set your plans long term.Title: Re: Don't panic Post by: Shasha80 on July 16, 2021, 10:57:48 PM we have to define a lower limit and an upper limit for crypto. because people usually forget to apply it so they panic. and panic usually hits beginners who are prone to issues. so try not to panic do an analysis of the existing issues isu Panic is experienced by many new investors or traders who are new to the crypto ecosystem. most panic because what is expected to happen is not as expected, moreover cryptocurrencies are very volatile. we can not only rely on feelings and luck, as you said, we have to do analysis to determine safe limits for buy and sell. without strategy and knowledge, we are like entering the forest without bringing enough supplies, we can get lost, so it's best before getting involved with crypto first learn the basics.It is important that before deciding to invest in crypto, we first learn about crypto, so that we understand how crypto works. Don't invest in something we don't understand and this will cause panic. Which makes me sad, know a lot of beginners who invest in crypto because of the influence of others and want instant profit. This finally makes beginners panic when the market suddenly drops, they will immediately sell the crypto they have, even though if they are patient crypto prices can recover. Title: Re: Don't panic Post by: Rengga Jati on July 16, 2021, 11:06:33 PM Yes, there are indeed a lot of people who actually lose their assets because they are hit by panic, both panic and panic buy.
Of course, we can easily say Don't panic. But in reality, there are still many people who have not been able to control the pain. We may also sometimes feel panic, but this will depend on the continuation. Excess panic will certainly be very dangerous. I personally have felt panicked when the market suddenly dropped more than 50% a few weeks ago, all asset values in the total drop portfolio. Of course, this makes me a little panic. However, this is the importance we can manage our emotions and pain so that they do not backfire for us. Trying to keep thinking coldly, trying to think of the best solution at that time. And this is what we have to think about, not just about the nature of not panic, but also the right decisions and steps we take next with a variety of considerations, cold heads, and it is true not based on panic. Title: Re: Don't panic Post by: reza7777 on July 16, 2021, 11:20:43 PM I see a lot of newbies are here because they are only driven by emotions and only buy because of friends, many of them don't know about crypto, no wonder they lose money so fast
Title: Re: Don't panic Post by: Darktongue on July 16, 2021, 11:27:45 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Hold, sell, buy or etc everything has a proper time. This opportunity always keeps repeating on every altcoins. Although we don't have enough knowledge on every altcoins. I will sell my half holding coins after the twice pump. We aren't taking profit right now, so we could lose our money in a view. But we increased our coins during the dump market.Title: Re: Don't panic Post by: Hypnosis00 on July 16, 2021, 11:39:53 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. To lose money in crypto is have a bigger chance in crypto and why? It is because of its volatility. There is no such solution to help this out aside from staying away from here. But, to lose is not a big deal in crypto investment coz I think we know this and we are totally aware of the possible consequences we might face from coming in here and we don't need to complain as nobody forces us. Thus, if we don't want to lose our money, just simply never invest or trade in crypto. Even though we say that we have to control our emotions, we choose promising coins, the truth is that we don't have an excuse, we still suffering losses no matter how good we are. Title: Re: Don't panic Post by: bastian466 on July 17, 2021, 01:49:13 AM Very high fear that can cause panic so that a panic sale can occur for fear that the price will continue to fall then prefer to sell it and will buy it back at a lower price that way can minimize the amount of loss, isn't it? without waiting a long time to be able to trade again
Title: Re: Don't panic Post by: llecrf on July 17, 2021, 02:31:42 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. I have do that and yes, it will good choice if we have good coins with the developers who are always updating for the progress of the project. Currently the bearish trend is still ongoing, but some new investors must be panicking seeing this market situation, it's not easy to choose coins for long-term investments, that's why I choose Bitcoin and other popular altcoins for long-term investments when the market is bearish. Title: Re: Don't panic Post by: indo1 on July 17, 2021, 02:39:17 AM trading is not only a matter of situation reading techniques, but healthy psychology is also needed here. When our emotions are not easily stable we will easily panic, thus making us easily to cut losses, and usually it is too often when our minds are not clear, therefore, we should be able to calm down as calmly as possible in trading so as not to panic.
Title: Re: Don't panic Post by: darahjuang on July 17, 2021, 02:53:13 AM Panic destroys all plans. I totally agree, so don't panic in your activities in the market. In my opinion, before buying coins, I am sure that you have done various analyzes. What we need to know, crypto activity is always changing. Stay calm and don't panic.
Title: Re: Don't panic Post by: clarkt on July 17, 2021, 02:56:18 AM Telling people not to panic is easier said than done. When market is moving in either direction, it evoke lots of emotions and this emotion can be hard to deal with especially if you have a considerable amount of funds invested. I agreed with what the writer said about research. Having good knowledge of the coin you are invested in will help in keeping you positive and stable, you will be confident in your decision and deploy your skill and capacity more efficiently!
Title: Re: Don't panic Post by: OcTradism on July 17, 2021, 03:45:38 AM This is the most common reason nowadays while people in cryptocurrency world lose money. Newbie wants to a fast phase earning that's why they are already gambling on leverage trading with high leverage just to earn quickly. The problem on this High leverage trading was the price movement on crypto is very volatile, You might in profit for a seconds then burn it all once the market reverse instantly. This is what newbie traders don't understand when doing leverage trading. Exchanges give them multiple options for their daily tradings: spot, Leverage, future, etc. Exchanges want to maximize their income from user trading fees.Exchanges can control games on their platforms and people who are greed, unknowledgeable, inexperienced will be very easily to fall into the traps of exchanges. They can win in a few days or weeks but when the market has massacre, they will be killed and all profits will be washed away in a minutes. Who will get the washed-away money, exchanges. Title: Re: Don't panic Post by: QueenVera on July 17, 2021, 05:49:12 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, I would rather say the number one reason is greed, there's no reason to panic during a bull market as all coins tends to raise but there's some reason to be greedy which cost traders and invest their money when the bear comes as they didn't take profit when the opportunity presented itself. Greed is the reason many looks for the quickest way to make money but end up getting scammer. Panicking and other emotions has a role to play since they contribute to the downfall of investor or trader, which is why if you want to succeed in the industry, you have to watch your emotions. Title: Re: Don't panic Post by: Coin_trader on July 17, 2021, 05:53:09 AM Telling people not to panic is easier said than done. When market is moving in either direction, it evoke lots of emotions and this emotion can be hard to deal with especially if you have a considerable amount of funds invested. I agreed with what the writer said about research. Having good knowledge of the coin you are invested in will help in keeping you positive and stable, you will be confident in your decision and deploy your skill and capacity more efficiently! This is what whales actually wants to do. If they want to enter again in the market after taking profit. They usually do a series of dump so that everyone will dump too since fear index is high. Then scoop once again a cheap coins once the price dip at there target level. Even if you have knowledge on the coin doesn't give you an advantage when whale already playing there game. Most of there target are coins with huge activity community like Doge and Bitcoin. Title: Re: Don't panic Post by: sulis sudibyo on July 17, 2021, 06:04:17 AM Telling people not to panic is easier said than done. When market is moving in either direction, it evoke lots of emotions and this emotion can be hard to deal with especially if you have a considerable amount of funds invested. I agreed with what the writer said about research. Having good knowledge of the coin you are invested in will help in keeping you positive and stable, you will be confident in your decision and deploy your skill and capacity more efficiently! This is what whales actually wants to do. If they want to enter again in the market after taking profit. They usually do a series of dump so that everyone will dump too since fear index is high. Then scoop once again a cheap coins once the price dip at there target level. Even if you have knowledge on the coin doesn't give you an advantage when whale already playing there game. Most of there target are coins with huge activity community like Doge and Bitcoin. this is what is actually happening right now. after the ATH moment and followed by the time to take profit. whales are trying to crash the market so they can buy cheaper. this can be seen from the many FUDs that have sprung up continuously over the past few weeks. those who panic will just get stuck and sell their coins. so don't be swayed, we have to be sure that the market will be fine. Title: Re: Don't panic Post by: isaac_clarke22 on July 17, 2021, 06:29:48 AM ~ It is a whales' trap actually. I can still recall when Bitcoin plummeted back when Musk just pulled Bitcoin off from Tesla as a payment method. I can see whales selling their coins just to get more from these people panicking.Panic sellers are almost part of this market and even me that just cannot do anything but sigh to it. It is their loss in the end anyway. Title: Re: Don't panic Post by: Mpamaegbu on July 17, 2021, 06:38:01 AM Very high fear that can cause panic so that a panic sale can occur for fear that the price will continue to fall then prefer to sell it and will buy it back at a lower price that way can minimize the amount of loss, isn't it? without waiting a long time to be able to trade again It's a nice strategy to attempt a buy-back on a dip but it's a risky one. Except you have a good strategy to spot a strong support you're likely to miss out on it and then regret not keeping your tokens in the first place. One thing about panic sell is investors not having done their research before buying a particular token. Once you've the token you're buying figured out and know it's roadmap there will be less bother once there is a fud. A thing I advise investors to do is never to sell all of the units of a token they're hodling during a foreseen crash. You never can tell of a token that can turn things around for you. So, they can do a 50% or 75% sell and wait to rebuy at cheaper price and have more of the token. Title: Re: Don't panic Post by: wajik-tempe on July 17, 2021, 06:44:48 AM Don't panic only applied to people who hold strong fundamental coins, if they are playing with hype coin just like doge or other meme coins, when price crash they should be panic because it probably won't recover because people are playing with another hype coin. So if we won't panic on our investment we should just hold strong fundamental coins
Title: Re: Don't panic Post by: traderethereum on July 17, 2021, 06:59:23 AM this is what is actually happening right now. after the ATH moment and followed by the time to take profit. whales are trying to crash the market so they can buy cheaper. this can be seen from the many FUDs that have sprung up continuously over the past few weeks. those who panic will just get stuck and sell their coins. so don't be swayed, we have to be sure that the market will be fine. If you can take profit before the ATH ends, you will not be panic because you can buy back that coin at a low price.Many traders are not selling their coins when reaching ATH and tend to wait for a while because they think the coin will increase more. So when the price does not increase, instead goes down, they slowly become panic and in the end, they can not sell at ATH. You can prevent panic when you know that the market will not always be high, so you know when to sell before the market crash. Title: Re: Don't panic Post by: suryana on July 17, 2021, 07:03:02 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. yes, a lot of beginners lose money just because of their own panic, he should have realized before trading that the price of the coin is very volatile, unstable, the ups and downs of coins is a natural thing. Don't let it just because the coin drops a day he has panicked and it's better to lose.. this is wrong. They just lack patience.Title: Re: Don't panic Post by: smyslov on July 17, 2021, 07:06:38 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. People who do this invested with only profit in their heads and do not understand the possibility that they can lose everything, when investors see that they are slowly losing their money they are in a hurry to cut their losses even if they are in a good project, they don't consider this and just dump their shares, only to regret later when the market change shift from bear to bull. Title: Re: Don't panic Post by: poodle63 on July 17, 2021, 07:09:52 AM Panic is natural, whoever gets panic when the price moves even slightly will grasp more understanding that being in a state of panic could result in such reckless and bad decision. When it comes to money like this, some people just gonna get panic even if yoy told them not to feel so a thousand times. I think more important thing to have is a good investment management so were not gonna get affected by the market situation and gets in state of panic. Just imagine having a good portfolio with good risk management even if situation gets worse youre not gonna getb n a bad state that could make you panic.
Title: Re: Don't panic Post by: worle1bm on July 17, 2021, 08:33:00 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Actually panic is one of the reason for which people loose their funds in crypto market and along with other negative factors which contribute to the same is-Without knowledge just investing in the market -Investing in most of the low potential or shitcoins in the market -just get eroded with any FUD and just sell their coins. So there are many other factors which jointly turn you into loss situation. Title: Re: Don't panic Post by: Gayong88 on July 17, 2021, 08:47:10 AM You're right it's more about psychology and timing. admit it or not, the continuous correction makes many people confused and too much info on social media is confusing. the result is loss off control. Not only novice traders, experienced trades also feel the impact, so if I pay attention.
Title: Re: Don't panic Post by: lizarder on July 17, 2021, 09:06:24 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. The decision to invest is the right step to change the current pattern of life, but investing is not just trying and we can easily describe success. Knowledge is needed if you want to invest, so it is not easy for us to believe in whatever we want to invest, many people fail to invest because of lack of knowledge, as a result panic attacks when the purchase price does not match the sale. Panic is also able to change our mindset in investing so that we are more likely to do things without thinking, as a result panic brings disaster in analyzing coins in the market, what we should buy becomes an option for us to sell. Thus our investment becomes something that is not useful. Title: Re: Don't panic Post by: sergiorus on July 17, 2021, 09:39:29 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. has nothing to do with panic.people lose when they take bad trades or don't sell when the cycle is over if they hold spot. its not emotions what make them do so, its lack of knowledge and telling people to just not panic won't help them to save their money. better tell to learn about market cycles Title: Re: Don't panic Post by: viananda2525 on July 17, 2021, 09:59:33 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. has nothing to do with panic.people lose when they take bad trades or don't sell when the cycle is over if they hold spot. its not emotions what make them do so, its lack of knowledge and telling people to just not panic won't help them to save their money. better tell to learn about market cycles Title: Re: Don't panic Post by: Xampeuu on July 17, 2021, 02:09:54 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. has nothing to do with panic.people lose when they take bad trades or don't sell when the cycle is over if they hold spot. its not emotions what make them do so, its lack of knowledge and telling people to just not panic won't help them to save their money. better tell to learn about market cycles Title: Re: Don't panic Post by: TWW on July 17, 2021, 02:19:27 PM Yeah, In crypto space it's true that mostly beginner's going with wrong project because lack of researching before select a project and they have not financial advisor. Even though a lot of investors depend on cmc and invest in random projects. They didn’t control emotion when they will face bearish market, It’s also difficult for regular traders. that's a mistake. they know crypto from social media, not from people who introduce and teach them how to start the game properly.crypto spreads very fast. The market development is also very fast. Naturally, everyone will know from social media. and everyone can start it on their own even without knowledge and advisers. it's easy for them to panic in the face of a dump storm. that's what happened so far. Title: Re: Don't panic Post by: Jackl87 on July 17, 2021, 02:23:57 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Also my number one advice for total crypto newbies would be to only invest an amount of money that they can afford to lose completely without having any impact on their daily life, because in crypto it is sadly still possible and not even that unlikely that you lose all of your funds. This can happen in different ways, you may choose to invest into a new project which turns out to be a scam and makes a rugpull or just abandons their project which means your tokens or coins are basically worthless or you fall victim to a scam because you are tricked into typing in your private key of your wallet or stuff like that and then the hacker can withdraw all your coins from the wallet. So i would advice to make your first transactions and buys with only a small amount until you get used to crypto wallets and exchanges. Title: Re: Don't panic Post by: riso2015 on July 17, 2021, 02:24:24 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. yes, a lot of beginners lose money just because of their own panic, he should have realized before trading that the price of the coin is very volatile, unstable, the ups and downs of coins is a natural thing. Don't let it just because the coin drops a day he has panicked and it's better to lose.. this is wrong. They just lack patience.Title: Re: Don't panic Post by: adzino on July 17, 2021, 02:31:47 PM Lol you can't just tell someone not to panic. I bet if you invest thousands of dollars in bitcoin and see that your investment is going down, you would panic or at least feel a little uneasy. This is totally normal. Panic as much as you want, but just don't sell. You should keep in mind that as long as you aren't selling anything, you aren't making loss. Even if the price tanks down to the bottom, you still hold the same number of coins. And why does it matter when the price tanks? You were already able to afford the loss, hence you invested on something very volatile.
Title: Re: Don't panic Post by: Sendi blackspade team on July 17, 2021, 02:42:09 PM everyone who invests in the crypto market must-have analysis and planning. but I'm sure all of them also have a feeling of panic when they see the potential for their assets to fall.
you can do it with your patience. just try investing thousands of dollars in bitcoin. you will probably stay calm when you see the price move up. but if you see the price moving down, you will quickly press the sell button. Title: Re: Don't panic Post by: sapnu on July 17, 2021, 02:46:48 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. If you want to free yourself from panic and fear, you should make yourself as knowledgeable as you can. Ignorance usually what makes people begin panicking so if you don't want to panic, you should know how things works out here. Those mistake happens because you are less informed about the things occuring at the moment. Find the best coin you can invest with, afterwards monitor the price changes. Find what's best suit for you so that you can bring out the best for you whilst making money. Value what you invest with even though it is something you can afford to lose, it is much better to win on what you risk than to regret.Title: Re: Don't panic Post by: CaptainCrapper on July 17, 2021, 05:49:22 PM Y
Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Yes, I agree with your Google statement cause personally I was holding some CHR token.when pump yesterday I was selling it .21 but the price was raised.33 just for emission control I can not profits.Title: Re: Don't panic Post by: Devifajarina on July 17, 2021, 07:12:09 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Usually beginners are too rash in buying a coin, so when the coin drops they panic, making them not know what to do, I think investing is not just an experiment that anyone can do. Never invest without knowing the coin we want to buy, it's ridiculous to keep doing it, panic is the result of ignorance in investing, things that should happen are not predicted beforehand, so when the coin price drops there is no solution to solve it. It takes expertise or references to invest, so as not to suffer losses, meaning don't invest because of an invitation or just listen to people's beautiful dreams, because in the end we ourselves accept the risk. Title: Re: Don't panic Post by: apa don on July 17, 2021, 07:16:11 PM Panic selling has indeed become a common phenomenon that cannot be avoided, this usually happens to people who are new to crypto, because it is their first time experiencing a bear market, so they cut losses. remember, you haven't lost if you don't cut loss and sell it Yes, that's right, panic is a serious threat for those who invest, but all of that is used to itself by itself at that time everything has been understood deeply, and if the panic happens again and again, then it's best to take good steps or so as not to fall into a deep abyss. Title: Re: Don't panic Post by: marissa23 on July 17, 2021, 08:14:15 PM In every job, panic does not have to exist, because panic makes a person lose control of his mind so he does not have peace of mind, so eliminate panic and run every decision that is already very good for ourselves. Panic can breed uncontrollable emotions resulting in always losing trades, anyone should be prepared to take market risk because if you keep holding them in tokens/coins during market dumps then there is nothing to lose unless you trade them for stablecoins or withdraw them to orders.to stable coins or withdraw it to fiat.Title: Re: Don't panic Post by: arifteguhr on July 17, 2021, 08:25:01 PM Panic can breed uncontrollable emotions resulting in always losing trades, anyone should be prepared to take market risk because if you keep holding them in tokens/coins during market dumps then there is nothing to lose unless you trade them for stablecoins or withdraw them to orders.to stable coins or withdraw it to fiat. Yes, that is a way of dealing with panic that can happen to everyone when the market starts to fall, because every human's instinct is to always be afraid when he starts to lose, even though he doesn't show it, but in his heart there is still fear.Title: Re: Don't panic Post by: Distinctin on July 17, 2021, 08:54:24 PM Panic can breed uncontrollable emotions resulting in always losing trades, anyone should be prepared to take market risk because if you keep holding them in tokens/coins during market dumps then there is nothing to lose unless you trade them for stablecoins or withdraw them to orders.to stable coins or withdraw it to fiat. Yes, that is a way of dealing with panic that can happen to everyone when the market starts to fall, because every human's instinct is to always be afraid when he starts to lose, even though he doesn't show it, but in his heart there is still fear.But, if we have a positive mindset and we have the fate of what we do, this would help to feel at ease and throw away negative thoughts that cause such uncontrollable emotions. Title: Re: Don't panic Post by: Viscore on July 17, 2021, 09:18:36 PM Panic can breed uncontrollable emotions resulting in always losing trades, anyone should be prepared to take market risk because if you keep holding them in tokens/coins during market dumps then there is nothing to lose unless you trade them for stablecoins or withdraw them to orders.to stable coins or withdraw it to fiat. Yes, that is a way of dealing with panic that can happen to everyone when the market starts to fall, because every human's instinct is to always be afraid when he starts to lose, even though he doesn't show it, but in his heart there is still fear.But, if we have a positive mindset and we have the fate of what we do, this would help to feel at ease and throw away negative thoughts that cause such uncontrollable emotions. I know that controlling our emotions is just easy to say but honestly very hard to do. I understand the feeling because i've been there too. But if we will just let ourselves controlled by our own emotions then it will not help us at all. Success will only come if we chose to be more positive even if we think the whole market is crashing down. Title: Re: Don't panic Post by: DoublerHunter on July 17, 2021, 09:27:36 PM ~snip~ ^ That is definitely right and I strongly agree with you. There are a lot of traders and investors that always keep saying this but when in actual scenario they don't even know how to control themselves such as FUD. Panic selling is one of the worst happens while holding or trading crypto and the main factor on it is our emotion that dictates our mind to take the rest of our capital thinking that we will never gain profit in cryptos. Nevertheless, this only happens from those new in the crypto space, other's will probably know how BTC works and now they can able to hold their breath.I know that controlling our emotions is just easy to say but honestly very hard to do. Title: Re: Don't panic Post by: guydin on July 17, 2021, 09:28:00 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. I absolutely agree with you. Everybody should make up his own strategy and then follow it. Emotions are enemies of both traders and holders. I also lost money when I deviated from my strategy and bought on emotions. Never repeat this mistake! ??? :o Title: Re: Don't panic Post by: camat gampong on July 17, 2021, 09:34:05 PM I absolutely agree with you. Everybody should make up his own strategy and then follow it. Emotions are enemies of both traders and holders. I also lost money when I deviated from my strategy and bought on emotions. Never repeat this mistake! ??? :o It's true, and every mistake we've ever made is a very valuable lesson too in determining another step at a different time, because that one mistake can be the key to success on other days with the same strategy.Title: Re: Don't panic Post by: radjie on July 17, 2021, 10:01:30 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Panic is indeed the number one factor for new players who can't set a target to make a profit, It's because they expect to be able to make a profit quickly but can't wait to wait longer to make a sale. lack of understanding of market price movements can also be the main trigger causing panic for those who are new to crypto Title: Re: Don't panic Post by: Davian144 on July 17, 2021, 10:23:44 PM Panic is indeed the number one factor for new players who can't set a target to make a profit, It's because they expect to be able to make a profit quickly but can't wait to wait longer to make a sale. lack of understanding of market price movements can also be the main trigger causing panic for those who are new to crypto It's true, for those who are just starting out, of course they will always feel panicked about losses, because they actually haven't gotten anything but have actually lost, and because they also haven't been able to practice patience in dealing with such things, most of them go and break up hope.Title: Re: Don't panic Post by: TelolettOm on July 17, 2021, 10:30:20 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion Panic is happening if you have no enough knowledge and not confident with your assets. You must know much about the nature of crypto market, current issues, and the potential of your crypto assets. If you understand about these, you won't be panic about everything, including current bad news. About controlling the emotion, it can be mastered along with your experience in investment or trading. Once you have spent a long time in crypto market, you will know how to control your emotion.Title: Re: Don't panic Post by: Coroline on July 17, 2021, 10:39:02 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Yep, I agree with you, the key is to use your logic to think, don't use your hunches or feelings. Analyze the situation using logic and don't eat FUD news or rumors that shake your decision. You must be good at filtering news/information, whether this information is true or false. Mostly, traders always eat wrong information and just go along with it without analyzing the price movements of the crypto asset.Title: Re: Don't panic Post by: zachyboy090118 on July 18, 2021, 08:39:43 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Most people doing panic are newbie in this business. Mostly these people directly entered the crypto without even doing a review or research. Most common senario is when they bought the coin in that corresponding price and the market crushed that the time they make a panic and withdraw there funds in the lower price, so the ending is lossing of funds. Title: Re: Don't panic Post by: ILuckyGuyI on July 18, 2021, 09:47:20 AM Yeah, I think also that the biggest reason is panicking. There are so many people who are doing this in the market and we call them as 'panic-sellers'. They cause a really serious bubble whenever they panic sell. I think that it would be really good if these people are taught about it somehow.
Title: Re: Don't panic Post by: CryptoYar on July 18, 2021, 11:33:10 AM Not only newbies, but if someone with experience will invest without doing research and sell on such a condition when the market condition is not good, then he will suffer a loss.
And stay away from shitcoin/tokens as much as possible. These are pump/dump tokens in which you may face losses by investing ~ but it can not be applied in all cases, some altcoins go down for a long time. A long-term investment is the best strategy. And if the coin you bought is one of the top 10 then don't worryTitle: Re: Don't panic Post by: yazher on July 18, 2021, 11:46:18 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. You can't blame them especially when they invested a huge amount of capital and the market seems like no signs of recovery. However, if they know how the market works these last few years, they won't gonna be surprised by this kind of scenario since it will gonna recover sooner or later. All we can do is just wait, as long as we followed the simplest rule "invest what you can afford to lose". Title: Re: Don't panic Post by: Malam90 on July 18, 2021, 12:26:04 PM I also agree that panic sellers mostly lose their money panic sale when they hear any rumor. I always believe DYOR is the best method for earning from crypto and avoid listening rumor, panic sale etc. Patience is the key to make profits here. Whenever i want to invest in a particular coin, i don't believe in sale in small fluctuations.
Title: Re: Don't panic Post by: distr@yopmail.com on July 18, 2021, 03:05:31 PM If you have researched enough and have a knowledge about cryptocurrency, you will not be in panic when the prices go down. If someone is in a hurry to take profit. Panic is a human thing. even with knowledge and experience. but if you are an investor with large funds in the market. saw the market go down very deep don't you have that feeling? although a little I'm sure you have concerns regarding the value of the investment you make. although later there is a belief that everything will come back even better than before.Title: Re: Don't panic Post by: akar87 on July 18, 2021, 03:06:48 PM If you have researched enough and have a knowledge about cryptocurrency, you will not be in panic when the prices go down. If someone is in a hurry to take profit. Fundamental off coin is most important how to make some one not panic faced when price going dump, but now many people buy coin depend with fomo like Elon Musk or the other and ask them to buy, few minutes later price dump and they panic for selling with lower price. How ever without any research about some coin before buying is not good decision to buy and hold coin how ever many people still panic moment when selling coin.Title: Re: Don't panic Post by: Sendi blackspade team on July 18, 2021, 03:15:24 PM I also agree that panic sellers mostly lose their money panic sale when they hear any rumor. I always believe DYOR is the best method for earning from crypto and avoid listening rumor, panic sale etc. Patience is the key to make profits here. Whenever i want to invest in a particular coin, i don't believe in sale in small fluctuations. It is true. no need to panic. simply choose the best asset, buy it, then hold it until it makes a profit.Don't think too hard about what's being said on social media. as long as our assets are good, we will remain calm with the investments we make. down no problem, it will come back someday. Title: Re: Don't panic Post by: Baihaki Khaizan on July 19, 2021, 06:23:26 PM I agree with your opinion, panic is one of the most influencing factors in making decisions, so that most people who panic are faced with failure. But I want to add a little, sometimes there are some people who carry out strategies to achieve their goals even though they fail in the end and that person doesn't panic at all in dealing with it, the point in the business world is strongly influenced by mentality and should not panic.
Title: Re: Don't panic Post by: Baihaki Khaizan on July 19, 2021, 06:31:58 PM I also agree that panic sellers mostly lose their money panic sale when they hear any rumor. I always believe DYOR is the best method for earning from crypto and avoid listening rumor, panic sale etc. Patience is the key to make profits here. Whenever i want to invest in a particular coin, i don't believe in sale in small fluctuations. It is true. no need to panic. simply choose the best asset, buy it, then hold it until it makes a profit.Don't think too hard about what's being said on social media. as long as our assets are good, we will remain calm with the investments we make. down no problem, it will come back someday. every businessman must have a mentality and not be easily influenced by issues, look for accurate references and have good instincts, then you have a chance to be a winner. Title: Re: Don't panic Post by: izsara on July 19, 2021, 07:02:30 PM this is the basic mistake for beginners, because in terms of their experience and observations-they are still new in this cryptocarensi world so when the market starts to experience a decline they panic and they think negatively and in their mind is their money will be lost and will lose . and in this case not just one or two people but most people would think like that, and I was one of those people who thought that way back in the day.
but after seeing 2017 i started to study there and i will not repeat the same mistakes as that year. and it should be for people who are beginners before you start trading or save money here you should learn more and read so you don't panic in a decline or the market is dumping Title: Re: Don't panic Post by: cute nmp on July 19, 2021, 08:01:08 PM I have lost lot of funds due to panic when I was very new to crytocurrency back then.The moment I saw one of my coins loosing value i used to sell it out immediately and some of the coins double or triple their prices after some time.People should avoid panicking to avoid loosing their funds.
Title: Re: Don't panic Post by: Valak on July 19, 2021, 08:16:28 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. I think someone's panic is normal. Because no one is ready to lose a large amount of assets, let alone become zero. They chose to lose half rather than lose all. But this tends to be done by novice traders. If they are experienced, then they will hold their coins with whatever risk that happens in the future. Title: Re: Don't panic Post by: KaliLinux on July 20, 2021, 05:49:46 PM I also agree that panic sellers mostly lose their money panic sale when they hear any rumor. I always believe DYOR is the best method for earning from crypto and avoid listening rumor, panic sale etc. Patience is the key to make profits here. Whenever i want to invest in a particular coin, i don't believe in sale in small fluctuations. It is true. no need to panic. simply choose the best asset, buy it, then hold it until it makes a profit.Don't think too hard about what's being said on social media. as long as our assets are good, we will remain calm with the investments we make. down no problem, it will come back someday. Title: Re: Don't panic Post by: arifteguhr on July 20, 2021, 05:53:51 PM Yes. Loss of assets often results from panicking when you see the market being dumped. Moreover, the conditions we see as if the price of coins will never increase. I think if the market conditions are as they are today, we need to make short-term trades to slowly recover the value of the asset. And trading in the short term won't help everyone much either, because right now the market is still in a bearish state so the fear of losing is still felt by everyone, although panic doesn't have to be maintained, but it sometimes presents itself.Title: Re: Don't panic Post by: lablab03 on July 20, 2021, 06:02:56 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. yep most reason of losing is because of panicking, and that becomes very common when most of whales use to manipulate the price of the market when it constantly increasing and at the same time weak hands were shaking as well..that's why if you want to invest in Cryptocurrency its highly recommended to choose top 10 project in the market a because when there's a manipulation at least you have a chance to regain losses because you are at the trusted projects unlike unknown projects that seems unpredictable what will gonna happen in the future.. Title: Re: Don't panic Post by: junmisakiro on July 20, 2021, 06:24:44 PM Panic has become a natural thing for traders because they usually don't know the condition of the situation and suddenly a dump occurs which makes a lot of coin prices collapse as happened a few minutes ago, so in my opinion what should be improved is to practice patience won't panic easily even if it's hard to do.
Title: Re: Don't panic Post by: deathcode on July 20, 2021, 06:48:48 PM Panic has become a natural thing for traders because they usually don't know the condition of the situation and suddenly a dump occurs which makes a lot of coin prices collapse as happened a few minutes ago, so in my opinion what should be improved is to practice patience won't panic easily even if it's hard to do. actually, traders should have secured some of their assets in stable assets. or have already exited the trade. those who are still active in trading can secure their money fast. but maybe they are short-term investors who will panic when they see the value of their assets decline. all of them will change their investment strategy in the changing market trend as it is today.Title: Re: Don't panic Post by: Gayong88 on July 20, 2021, 07:08:47 PM What you say is true but if we look at the current conditions, the dominant is eager to buy at a low price but in other conditions, it is financially constrained because it has already been bought at a high price before the decline, even though we know investing in the crypto world is advised to use cold money and does not conflict with one's day-to-day needs.
Title: Re: Don't panic Post by: cliber on July 20, 2021, 07:11:05 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. This is what is called "don't do something if we don't know what we are doing", is acting as if we understand something we are doing, lack of understanding of what we are doing is stupid and we have to get rid of that stupidity in life. Panic is very close to stupidity, if we are lazy to find out about the coins we invest as a result of losing, the crypto world is very unfriendly to beginners, as a result the decision taken is a loss. Lack of understanding about coins makes us go the wrong way in investing, should the price of the coins we sell we buy or vice versa, this shows our unpreparedness in analyzing the market, finally when we get out of control we experience panic Not to mention that now many coins have sprung up, there are even coins that we analyze next month go up but down or vice versa, because we don't understand that extraordinary panic actually occurs, in the end we can't finish what we started, the biggest consequence of panic is loss both big and small. Title: Re: Don't panic Post by: mksundip on July 20, 2021, 10:51:12 PM usually the panic is because there are a lot of newbies in crypto. they clearly can't control well when the price goes down. So please anyone, if you have a friend, a beginner must be educated so that when the price drops, it's not easy to panic
Title: Re: Don't panic Post by: Mpamaegbu on July 21, 2021, 03:12:48 AM Yes. Loss of assets often results from panicking when you see the market being dumped. This is mostly the result of weak hands and inexperienced investors, just as we're having it now with the present dip. Truth is that most people in cryptos don't learn. History repeats itself. We've had this type of scenario before. I don't know why the panic now, even among those who witnessed it the last time.Title: Re: Don't panic Post by: Roy Asher on July 21, 2021, 03:21:00 AM Sometimes they can't control their emotions, just like China's policies are introduced one after another. Most Chinese crypto enthusiasts will choose to sell their tokens. News in their own country will make them more psychologically affected and pressured. Chinese miners also choose to move out of China, so they need to be psychologically prepared for unpredictable situations in the market.
Title: Re: Don't panic Post by: Tina H on July 21, 2021, 03:30:07 AM I think most of them are newbies who have just entered the market. They are just for speculation. They heard some news about encryption and wanted to get rich overnight. This greedy idea made them not consider stop-profit and stop-loss. After they encountered some news or incidents, the market did not go well. They watched their funds slowly decrease, and naturally they couldn't control them. In fact, this is normal in the crypto market. Please be patient and don't repeat mistakes.
Title: Re: Don't panic Post by: Dread Pirate Roberts on July 21, 2021, 06:29:11 AM This is the main thing in crypto, you must be able to control yourself. you have to be sure, then before investing, and make sure you have to choose a credible coin if it is held for the long term. if you choose cheap but not credible coins, this feeling of panic will always be there and it will definitely be very stressful if you have to hold long-term for coins like that. panic on market will always exist but when choose the right coin even for holding it for long time its feels okay.
Title: Re: Don't panic Post by: JillianTaft on July 21, 2021, 06:31:20 AM I saw news that a crypto enthusiast sold his house to invest in cryptocurrency. Seeing this news, I feel crazy. Fortunately, he chose the right one. The money he makes can not only buy another house, but also 5 houses and 6 houses. I can not do it. Taking into account various factors, I will only invest my spare money in the crypto market, so I am not too worried about facing some negative market news.
Title: Re: Don't panic Post by: Connor Britton on July 21, 2021, 06:37:20 AM Because they didn’t understand the cryptocurrency, they started to invest, nor did they analyze the currency trend. If you are a novice, you can learn to invest in long-term coins. When you are familiar with the rules and regulations of the crypto market, invest in some altcoins, but Before investing in altcoins, you must understand the basic team and technology of the coin. Don't invest on your own intuition. If the investment fails, learn to learn from experience, don't panic, and have the courage to take risks.
Title: Re: Don't panic Post by: nomenclatur on July 21, 2021, 06:37:51 AM most people panic because they can't control their emotions and end up with a cut loss, it always happens because they panic too much, everything should be resolved because patience, of course, waiting for the market recovery is necessary when bitcoin experiences sideways momentum, it is very necessary to wait for the market to be more stable because too panic can be fatal will lose a lot of money later trading in cryptocurrency must be patient and able to wait for the right moment to buy and sell it.
Title: Re: Don't panic Post by: aylabadia05 on July 21, 2021, 09:34:34 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Pretty good advice for a beginner in the market. The level of panic will be reduced if it is based on good knowledge. Good knowledge should start with buying coins that can be controlled in price like stable coins. When you are a beginner and immediately buy in large quantities, panic will arise and you will not be under control.Title: Re: Don't panic Post by: hitsnorth on July 21, 2021, 12:55:53 PM Panic and lack of patience and research is making people lose their money. If you can't handle your crypto going down in 50% then you shouldn't buy it at all.
Title: Re: Don't panic Post by: Evgenklm on July 21, 2021, 01:47:50 PM One of the main factors is self-control and stress resistance in the trading process , because the author correctly says that panic will not lead to anything good, but will only make it worse, and the one with good patience gets everything.
Title: Re: Don't panic Post by: Kez1817 on July 21, 2021, 02:07:14 PM Panic and greed are the two hindrance to earn profit, instead, it always leads to a lot of losses. In trading always need to control our emotion and always learn the graph and price movement. Don't be greedy.
Title: Re: Don't panic Post by: Handpari on July 21, 2021, 02:21:22 PM I wouldn't start trying to short the market, at least not until you've practiced extensively on a dummy exchange. And got really good at it.
Personally, I would just continue to buy via DCA and hodl. Crypto investment is a long term game. In a few years time, the difference between $60k and $30k will be hilariously insignificant. Title: Re: Don't panic Post by: Qirtov on July 21, 2021, 02:23:15 PM I agree, because if we panic, we can't control things properly. at least before buying coins there are considerations that have been prepared regarding the losses or gains that will be obtained. when the market goes down in this mental situation is being tested to remain patient and not panic. when the market goes up and has reached the target then sell the coin, don't be greedy by continuing to add targets, because the market can fall back at any time
Title: Re: Don't panic Post by: distr@yopmail.com on July 21, 2021, 02:31:55 PM Panic and greed are the two hindrance to earn profit, instead, it always leads to a lot of losses. In trading always need to control our emotion and always learn the graph and price movement. Don't be greedy. skills like that don't exist in everyone all of a sudden.all of them require sufficient process and experience. new, it will be difficult to cope. some even think crypto is a scam and fraud. it's because they join without a good lesson. Title: Re: Don't panic Post by: Yamifoud on July 21, 2021, 02:36:00 PM This is the main thing in crypto, you must be able to control yourself. you have to be sure, then before investing, and make sure you have to choose a credible coin if it is held for the long term. if you choose cheap but not credible coins, this feeling of panic will always be there and it will definitely be very stressful if you have to hold long-term for coins like that. panic on market will always exist but when choose the right coin even for holding it for long time its feels okay. I think we all trying to work it out but sometimes we can't afford to control ourselves and it burst. This is the biggest challenge to everyone and I don't claim that 100% I control my emotions all the time. Well, aside from choosing those reliable coins, it was best to make ourselves busy sometimes with other things. It is a sort of diversion, we can easily feel panic when we are focusing on the market alone. Nothing could help us with this thing but just ourselves only. Title: Re: Don't panic Post by: onecall123 on July 21, 2021, 02:52:08 PM People are selling in panic because they are not prepared for this if they are new and often they spending money they can't afford to lose. They think about profit and don't considering the fact that price can go down. I agree with you, because many people think that cryptocurrency can provide a big profit and make them rich quickly, but don't think or know that investing in cryptocurrency has a big risk, so when the market starts to correction, many people will panic and sell cryptocurrency that they have, even though if they hold, then of course the price can increase again (if he invest in a good cryptocurrency), therefore I always recommend to investing in cryptocurrency that are in the top 100 on coinmarketcap (safe and profitable) and never do a panic sell. Title: Re: Don't panic Post by: sammy21 on July 21, 2021, 04:35:07 PM Yes, beginners will tend to panic more easily because they don't really know what they choose, more likely to follow what other people are doing, if we have friends who are just starting to get to know the crypto world, we have to educate them so they don't panic easily and get confused. in the future they are able to determine what they choose for themselves. The role of people who have been in the crypto world for a long time is very important for beginners, because without the guidance of a professional, they will panic when prices go down, and when there is a slight increase they will rush to sell, it is very unfortunate if the beginner is someone we know. Title: Re: Don't panic Post by: OZmaster on July 21, 2021, 07:22:57 PM usually the panic is because there are a lot of newbies in crypto. they clearly can't control well when the price goes down. So please anyone, if you have a friend, a beginner must be educated so that when the price drops, it's not easy to panic Yes, beginners will tend to panic more easily because they don't really know what they choose, more likely to follow what other people are doing, if we have friends who are just starting to get to know the crypto world, we have to educate them so they don't panic easily and get confused. in the future they are able to determine what they choose for themselves. It is not only that they don't very well know what coin or token to choose, but it is also about the fact that they haven't developed a feeling for volatility and the patience that is required to weather a storm. That is why they start panicking usually. If you went through some hard times as most of us did by now, we know that it doesn't go up forever. There will be corrections and these corrections are often harder in the crypto markets than in other markets. Title: Re: Don't panic Post by: Renampun on July 21, 2021, 08:51:10 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. the habit of newbies who lose money in crypto is to buy according to other people's words without doing research first...investing in crypto is not an easy thing if you sell and buy at will, then only losses can be obtained, This is the reason why doing an analysis first before buying is recommended. Title: Re: Don't panic Post by: wheelz1200 on July 21, 2021, 09:20:29 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Bagholding alts in a bear market is a terrible idea. Better to just park it in btc or back into fiat until the drops stop for a long time. Especially with alts bag holding in the past has led to coins just disappearing on the charts and leaving you with some useless coins and another wallet to delete. Title: Re: Don't panic Post by: SeaSoul on July 21, 2021, 10:37:40 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Bagholding alts in a bear market is a terrible idea. Better to just park it in btc or back into fiat until the drops stop for a long time. Especially with alts bag holding in the past has led to coins just disappearing on the charts and leaving you with some useless coins and another wallet to delete. But you also have to consider taxes. It is possible that you trigger taxation when you switch from an alt coin back to Bitcoin and then back again. It's not a simple decision depending on the circumstances. I think there are a few alt coins that are also safe to hold during a Bitcoin crash, but really not many. ICO tokens and so on almost never recover after a crash. Title: Re: Don't panic Post by: jostorres on July 22, 2021, 09:29:39 AM beginners will tend to panic more easily because they don't really know what they choose, more likely to follow what other people are doing, if we have friends who are just starting to get to know the crypto world, we have to educate them so they don't panic easily and get confused. in the future they are able to determine what they choose for themselves. If we have friends whom we suggested to get involved in cryptocurrency trading, then we must make sure that they actually understand what it is and how it works. No matter how much you convince someone that the marker will not die but if they learn about it themselves and then trade, it will be much better and productive than just assuring them without any reasoning.More the knowledge - lesser the panic and more the confidence, hence we must understand that knowledge of the market, the coins we are buying and the futuristic value is more important than just having patience. Someone who has too much patience may end up holding a shit coin for too long and regret it. Title: Re: Don't panic Post by: sherenikaw on July 22, 2021, 11:05:56 AM It's true and a lot of people have experienced that, I've had it too. Where I panicked when I saw the market continued to fall, then I sold my assets and got a big loss. Since then I have been more careful in managing assets because it will be very influential. We have to stay alert but don't panic too much, just follow the flow and be more careful in making decisions. That is why caution and experience are very important so that we can learn from the experience. No teacher is smarter than experience itself. So don't despair and stay aware of the crypto market.
Title: Re: Don't panic Post by: chanler on July 22, 2021, 12:06:58 PM Yes panic is a fatal thing and can cause losses. It is undeniable that today's crypto market makes many people including myself have to rack their brains in order to stay afloat. I looked at the market and there is no bright spot there, I hope it happens soon. Yes it will happen but for now it will probably take quite a while. The crypto market like this makes a lot of people panic, but we also have to deal with it calmly. Make a mature decision and have a completely calm mind. Don't let our decisions make us lose. All teach us to be patient and endure this ups and downs of the crypto market.
Title: Re: Don't panic Post by: Shallow on July 22, 2021, 12:16:22 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. To start with, panic is one of human nature and most times it's hard to overcome, even at times, the most strongest person might be forced to fall into it, although it might not be in the crypto space but in other aspects of life. However, in the crypto space, I think the best way to overcome panic is by buying only coins with good use case, thus I agree with you. When people buy coins which they believe in, trust in and whose team are always active with developments, then panic will be far from the person, hence the Importance of researching on a coin before buying. Lastly, I also think that best way to overcome panic or bring it to the lowest minimum is through investing what you can afford in a coin, I believe this will make the person relax and do the right thing. Title: Re: Don't panic Post by: CryptoGuy42 on July 22, 2021, 12:23:12 PM I am not panicking at all. I trust in the investments I made and I am DCA'ing when I can.
I am excited for some upcoming projects, most are in the NFT space like decentralized NFT token Black Eye Galaxy (BYG). I am excited about it working on different blockchains and being able to stake my NFTs for more returns. I know BYG might be a small cap now but as the game grows; so should the market cap. Title: Re: Don't panic Post by: Cherylstar86 on July 22, 2021, 01:00:46 PM beginners will tend to panic more easily because they don't really know what they choose, more likely to follow what other people are doing, if we have friends who are just starting to get to know the crypto world, we have to educate them so they don't panic easily and get confused. in the future they are able to determine what they choose for themselves. If we have friends whom we suggested to get involved in cryptocurrency trading, then we must make sure that they actually understand what it is and how it works. No matter how much you convince someone that the marker will not die but if they learn about it themselves and then trade, it will be much better and productive than just assuring them without any reasoning.More the knowledge - lesser the panic and more the confidence, hence we must understand that knowledge of the market, the coins we are buying and the futuristic value is more important than just having patience. Someone who has too much patience may end up holding a shit coin for too long and regret it. Title: Re: Don't panic Post by: akar87 on July 22, 2021, 02:59:05 PM beginners will tend to panic more easily because they don't really know what they choose, more likely to follow what other people are doing, if we have friends who are just starting to get to know the crypto world, we have to educate them so they don't panic easily and get confused. in the future they are able to determine what they choose for themselves. If we have friends whom we suggested to get involved in cryptocurrency trading, then we must make sure that they actually understand what it is and how it works. No matter how much you convince someone that the marker will not die but if they learn about it themselves and then trade, it will be much better and productive than just assuring them without any reasoning.More the knowledge - lesser the panic and more the confidence, hence we must understand that knowledge of the market, the coins we are buying and the futuristic value is more important than just having patience. Someone who has too much patience may end up holding a shit coin for too long and regret it. Title: Re: Don't panic Post by: OZmaster on July 22, 2021, 08:38:43 PM beginners will tend to panic more easily because they don't really know what they choose, more likely to follow what other people are doing, if we have friends who are just starting to get to know the crypto world, we have to educate them so they don't panic easily and get confused. in the future they are able to determine what they choose for themselves. If we have friends whom we suggested to get involved in cryptocurrency trading, then we must make sure that they actually understand what it is and how it works. No matter how much you convince someone that the marker will not die but if they learn about it themselves and then trade, it will be much better and productive than just assuring them without any reasoning.More the knowledge - lesser the panic and more the confidence, hence we must understand that knowledge of the market, the coins we are buying and the futuristic value is more important than just having patience. Someone who has too much patience may end up holding a shit coin for too long and regret it. Selling way too early can almost be as painful as selling way too late. It all depends on the individual profile and the risk bearing potential somebody has, but buying Bitcoin and selling it as soon as it made 5% sounds to me more like trading than investing given the volatility Bitcoin has. What Bitcoin has proven again and again is that patience pays off. Profit taking must be part of the game but so is patience. Title: Re: Don't panic Post by: apur688 on July 22, 2021, 08:52:00 PM Yes everyone, you don't need to panic just because all of market getting red, do you still remember few months ago? It happened too, but slowly but sure they getting green, Some factors will make the price getting up again, So good luck, I'm sure everything will be fine
Title: Re: Don't panic Post by: TheGreatPython on July 23, 2021, 07:14:08 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. More than emotions, I think it has to do with the financial freedom and pressure one suffers during these market crashes. It's not easy to accumulate some funds even when others told you that crypto trading is deceptive and some even called it a scam and you listened to none of them but then see the market collapse.It's similar to how gamblers will take loans, gamble and if they lose they get desperate about gambling and will lose even more in frustration and rage. I am not comparing traders and gamblers but the situation is very similar, you just need a calm head on your shoulders and see what's the best move next and follow it. Title: Re: Don't panic Post by: CaptainCrapper on July 23, 2021, 10:29:40 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never just bought something you know nothing about, that's one of the rules, research is needed, your money is important so don't waste it with wrong decisions if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Panic trade is very harmful to any kind of token trade. any traders need to follow fund management trading I think need three parts for open trade second part if the price decrease and the last for all of the preserve serve so anyone can successfully be completed the trade if follow the rules.Title: Re: Don't panic Post by: CryptoGuy42 on July 23, 2021, 11:08:17 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never just bought something you know nothing about, that's one of the rules, research is needed, your money is important so don't waste it with wrong decisions if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Panic trade is very harmful to any kind of token trade. any traders need to follow fund management trading I think need three parts for open trade second part if the price decrease and the last for all of the preserve serve so anyone can successfully be completed the trade if follow the rules.During this "red" I have just been doing research. No point at looking at the charts. The cryptos I have invested in I want to hold long term. I have spent a little money on longer shots, but again have done my research. I am really interested in what people think of Black Eye Galaxy. I am excited to be able to buy and sell planets, stake mining on this planets for returns. Title: Re: Don't panic Post by: ven7net on July 23, 2021, 11:48:43 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. You're right! To be successful, every investor must have a clear goal and follow it. To do this, before deciding to buy a particular cryptocurrency, you need to study it and know if it has a potential for growth. Only after that, you can make a decision to buy this crypto asset and, after the purchase, clearly define a goal for yourself, upon reaching which you will sell the cryptocurrency and make a profit. This approach to investments will allow you not to lose your money, but to make a profit. Title: Re: Don't panic Post by: blue_nexus15 on July 23, 2021, 12:26:35 PM When the bitcoin market goes down quickly, suddenly always makes investors panic sell for fear of losses, but the more worried the more they lose, instead of selling we should monitor and wait for the market to rise again.
Title: Re: Don't panic Post by: Distinctin on July 23, 2021, 02:20:15 PM When the bitcoin market goes down quickly, suddenly always makes investors panic sell for fear of losses, but the more worried the more they lose, instead of selling we should monitor and wait for the market to rise again. That's the investors with weak hands, they tend to react easily to the market movement, they just invest due to hype, get got FOMO during the bull run, so expect that they'll easily panic once they see the dump. It's the main reason why the market is so volatile and why the whales' power to manipulate is very effective is because of fool investors who like to get quick profit without understanding the crypto space. Title: Re: Don't panic Post by: akar87 on July 23, 2021, 02:43:01 PM When the bitcoin market goes down quickly, suddenly always makes investors panic sell for fear of losses, but the more worried the more they lose, instead of selling we should monitor and wait for the market to rise again. That's the investors with weak hands, they tend to react easily to the market movement, they just invest due to hype, get got FOMO during the bull run, so expect that they'll easily panic once they see the dump. It's the main reason why the market is so volatile and why the whales' power to manipulate is very effective is because of fool investors who like to get quick profit without understanding the crypto space. Title: Re: Don't panic Post by: Koro-Sensei on July 23, 2021, 03:04:16 PM Probably newbies are the one who's prone to emotional breakdown. They probably aren't that trained and ready to lose their money. Another thing is, these ones are the ones who go to crypto for easy and quick money. Not real investors who hodl for years. We can't blame them but we can educate them.
Title: Re: Don't panic Post by: Cling18 on July 23, 2021, 03:10:47 PM They panic because they don't have enough knowledge about crypto so they wouldn't know how to deal with the market and that's actually normal for newbies. To be honest, all of us have committed mistakes in the beginning but it's just how we learn from it that's important. We couldn't be pros in the beginning but we could learn how to handle our emotions as we cope up with the changes in the market.
Title: Re: Don't panic Post by: Alisha-k on July 23, 2021, 03:43:43 PM Panic has made investors loose huge funds in crypto currency. Doing your own research before investing in coin should be a watch for because you can't just buy any coin because it's listed on a popular exchange it's still wiser you dig deep to get meaningful research about each coin before investing your funds because some coins might have done it's highest pip and wouldn't just go higher than it's current price.
Title: Re: Don't panic Post by: suryana on July 23, 2021, 03:53:30 PM Panic has made investors loose huge funds in crypto currency. Doing your own research before investing in coin should be a watch for because you can't just buy any coin because it's listed on a popular exchange it's still wiser you dig deep to get meaningful research about each coin before investing your funds because some coins might have done it's highest pip and wouldn't just go higher than it's current price. That's right, my experience when I was a beginner also made this mistake. I was in too much of a hurry, didn't research and analyze the coins I would buy. As a result, when the price began to drop continuously drastically without any rise at all, I finally panicked and sold my coins at a low price... for fear of losing all my assets. This is an experience for me not to choose coins based on trends alone.Title: Re: Don't panic Post by: haidil on July 23, 2021, 04:19:28 PM Yes, and what will definitely come back after going down are good coins that always have potential in the market, because for those who hold meme coins, then just pray that the coin can rise when it falls, so obviously there is no need to panic as long as we hold good coins Title: Re: Don't panic Post by: carlisle1 on July 23, 2021, 04:41:34 PM They panic because they don't have enough knowledge about crypto so they wouldn't know how to deal with the market and that's actually normal for newbies. To be honest, all of us have committed mistakes in the beginning but it's just how we learn from it that's important. We couldn't be pros in the beginning but we could learn how to handle our emotions as we cope up with the changes in the market. We should learn first to determine whether these is for short or long term investment. We will only need to panic when we know that the projects have no future at all since some projects are good in the long run while others are just it that moment. It's okay to panic at first, but later on we will know whether how long we can take the risk of investing and will be able to built a plan suit in our capabilities.Identifying what types of assets we are holding is the best thing to do, you'll be ale set your goals if you know what kind of strategy to use. Many traders and investors forget about doing their research and while they are into their investment they can't manage if the project dumped down. It can be avoided if you have the right mindset regarding to your investment, easy to decide if you know whether if it's good for short or good for long. Title: Re: Don't panic Post by: Cornia on July 23, 2021, 04:53:17 PM Crypto always volatile. Sometimes we buy/sell our crypto with a little movement and later we regret it. Emotion is very difficult to control. We can only be firm in our decision when we know a lot about a project or crypto.
Title: Re: Don't panic Post by: SeaSoul on July 23, 2021, 05:02:24 PM They panic because they don't have enough knowledge about crypto so they wouldn't know how to deal with the market and that's actually normal for newbies. To be honest, all of us have committed mistakes in the beginning but it's just how we learn from it that's important. We couldn't be pros in the beginning but we could learn how to handle our emotions as we cope up with the changes in the market. We should learn first to determine whether these is for short or long term investment. We will only need to panic when we know that the projects have no future at all since some projects are good in the long run while others are just it that moment. It's okay to panic at first, but later on we will know whether how long we can take the risk of investing and will be able to built a plan suit in our capabilities.Identifying what types of assets we are holding is the best thing to do, you'll be ale set your goals if you know what kind of strategy to use. Many traders and investors forget about doing their research and while they are into their investment they can't manage if the project dumped down. It can be avoided if you have the right mindset regarding to your investment, easy to decide if you know whether if it's good for short or good for long. I fully doubt they are "forgetting" to do their research ;) Conducting research can be cumbersome and I would rather say that many investors and traders don't put enough effort into it before making decisions. What is enough research? That is actually not that easy to tell if you think about it. You can do research forever. I think enough is when you believe you see an edge over the majority of market participants. Title: Re: Don't panic Post by: Raflesia on July 23, 2021, 05:07:42 PM They panic because they don't have enough knowledge about crypto so they wouldn't know how to deal with the market and that's actually normal for newbies. To be honest, all of us have committed mistakes in the beginning but it's just how we learn from it that's important. We couldn't be pros in the beginning but we could learn how to handle our emotions as we cope up with the changes in the market. It's normal for some beginners but sometimes this can affect everything and from them it can be just a habit when there is a market change, surely this panic can lead to misguided and in the end just follow the hype that has been discarded, so I think panic is not just someone beginners who don't know the basics but others will also have an impact because they like to forget the same changes before.The important thing is how to deal with staying calm in these changing market conditions, this is only a transition at the beginning but at the end you can see what happens about the dump, you can judge later. Title: Re: Don't panic Post by: seleme on July 23, 2021, 09:15:31 PM Some people panic for several reasons and one of them is because of the drop in Bitcoin price. When the price of Bitcoin drops, the price of altcoins is also affected and this makes many people panic selling even though they are aware that they are losing. But if we are planning to invest long term, then we will realize that price movements are very volatile People panic for one reason - when they don't know what to do. Imagine you have a disaster plan, will you panic? No. Only if things don't go according to plan. Most people don't have any plans for crypto at all. Title: Re: Don't panic Post by: lienfaye on July 23, 2021, 09:29:31 PM People panic for one reason - when they don't know what to do. Imagine you have a disaster plan, will you panic? No. People panic for not knowing what to do because of lack of knowledge. If you're a kind of investor who fill your mind first with knowledge about what you're getting into then it can be prevented. However we are just human who commit mistakes, thus its normal but there's a way to not become someone who often panic if things didnt happen according to planned. It can help if we prepare ourselves for unexpected scenarios plus having plan and strategy, this way we know what to do and panicking wont be the solution.Only if things don't go according to plan. Most people don't have any plans for crypto at all. Title: Re: Don't panic Post by: leatutz on July 23, 2021, 10:57:49 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Actually you and I don't know what the small or big profit for an investor is. Investors will decide it after the investment. We are all greedy or want to earn a good profit. Those profits must not be more than the average market history. Recently I made the wrong decisions. I didn't wait to pump "YOUC". I sold all of the tokens for a low trading volume and I didn't set up my mind.Title: Re: Don't panic Post by: Lexurdania on July 23, 2021, 11:02:08 PM People panic for one reason - when they don't know what to do. Imagine you have a disaster plan, will you panic? No. People panic for not knowing what to do because of lack of knowledge. If you're a kind of investor who fill your mind first with knowledge about what you're getting into then it can be prevented. However we are just human who commit mistakes, thus its normal but there's a way to not become someone who often panic if things didnt happen according to planned. It can help if we prepare ourselves for unexpected scenarios plus having plan and strategy, this way we know what to do and panicking wont be the solution.Only if things don't go according to plan. Most people don't have any plans for crypto at all. Title: Re: Don't panic Post by: tabas on July 23, 2021, 11:41:39 PM People panic for one reason - when they don't know what to do. Imagine you have a disaster plan, will you panic? No. And as they panic, they result in one thing and that's into panic selling and don't mind the loss that they've done. It's also because that they're inexperienced and that's why we see them panic.Only if things don't go according to plan. Most people don't have any plans for crypto at all. Actually, only those who got in and are new to the market are the ones that don't have a plan. But the experienced ones, we've got plan and we know how to execute it.Title: Re: Don't panic Post by: Xinarae* on July 24, 2021, 07:41:24 AM That is really true that mostly of newbies crypto enthusiasts getting panic everytime they see that the market is dipping so we always suggest to stay calm and hodl firmly. A lot of good advice to hold for newcomers knowledge about the market sells everything in panic for having less and later in the loss if the price goes up. Therefore even if the market sinks there is nothing to be disappointed about the market will rise.Title: Re: Don't panic Post by: suryana on July 24, 2021, 08:52:39 AM People panic for one reason - when they don't know what to do. Imagine you have a disaster plan, will you panic? No. And as they panic, they result in one thing and that's into panic selling and don't mind the loss that they've done. It's also because that they're inexperienced and that's why we see them panic.Only if things don't go according to plan. Most people don't have any plans for crypto at all. Actually, only those who got in and are new to the market are the ones that don't have a plan. But the experienced ones, we've got plan and we know how to execute it.Title: Re: Don't panic Post by: monineklutak on July 24, 2021, 10:22:37 AM That is really true that mostly of newbies crypto enthusiasts getting panic everytime they see that the market is dipping so we always suggest to stay calm and hodl firmly. I think it's normal when we see the market in a down condition we will panic,but don't let the panic overwhelm us because it will have a bad impact, what must be done for beginners is to continue to learn that way when conditions like this can at least make the right decisions Title: Re: Don't panic Post by: molsewid on July 24, 2021, 11:58:32 AM I think it's normal when we see the market in a down condition we will panic, but don't let the panic overwhelm us because it will have a bad impact, what must be done for beginners is to continue to learn that way when conditions like this can at least make the right decisions I agree with you mate, to feel panic whenever we see the market in down condition is normal especially when you're not ready to sell your token and you're patiently waiting for a price to become much higher than you are expecting but also at this kind of incidents you will learn a lesson. Risk management is so important for an investor and trader and also to learn how to manage or control your emotion is a must. It is normal to feel it but how would you control will lead you to a right decision. Title: Re: Don't panic Post by: andriarto on July 24, 2021, 12:36:29 PM I think it's normal when we see the market in a down condition we will panic, but don't let the panic overwhelm us because it will have a bad impact, what must be done for beginners is to continue to learn that way when conditions like this can at least make the right decisions I agree with you mate, to feel panic whenever we see the market in down condition is normal especially when you're not ready to sell your token and you're patiently waiting for a price to become much higher than you are expecting but also at this kind of incidents you will learn a lesson. Risk management is so important for an investor and trader and also to learn how to manage or control your emotion is a must. It is normal to feel it but how would you control will lead you to a right decision. Title: Re: Don't panic Post by: marilynmanson21 on July 24, 2021, 01:59:51 PM it's true that panic often makes we lose money in crypto, sometimes I personally can't control my panic if I see the coins we have go up and feel quite satisfied with the results i sell and when they are released the price goes up and up, panic its not good so it must be relaxed in seeing the market.
Title: Re: Don't panic Post by: kapalmabur on July 24, 2021, 02:33:41 PM Those who are involved with cryptocurrency should not panic but control the nerve. Many times the market is corrected or the market is bullish, such a situation has to be decided in a cold head. Otherwise we will face economic loss. So it is very important to control our emotions. Even before getting into the world of cryptocurrency they should know that the cryptocurrency market is very volatile,so it's not easy to predict when it's time to go up and down, and indeed we also have to control ourselves so that when the market goes down we don't panic and can make the right decisions Title: Re: Don't panic Post by: junkerr on July 24, 2021, 02:41:18 PM it's true that panic often makes we lose money in crypto, sometimes I personally can't control my panic if I see the coins we have go up and feel quite satisfied with the results i sell and when they are released the price goes up and up, panic its not good so it must be relaxed in seeing the market. but to be honest, sometimes we are saved by panic feeling in the short-term investments we make.seeing the market in a pump we become panicked to sell our assets. but for a moment the price suddenly dropped. it gives us a more relieved feeling than having to think selfishly with the assets we have. but it's true- feeling of panic is highly discouraged as those who trade and invest in the crypto market frantically definitely don't make decisions based on planning and analysis. Title: Re: Don't panic Post by: lumierre on July 24, 2021, 03:26:40 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Yes, you are right, it is forbidden to work in the crypto market or any other market without strategy and buy on emotions. Everybody should make up his own strategy according to his tolerance for risk. And then to do research, of course. We always should investigate documents, social media, community, team members not to come across a scam and find something really worthy. Title: Re: Don't panic Post by: tabas on July 24, 2021, 07:54:03 PM Actually, only those who got in and are new to the market are the ones that don't have a plan. But the experienced ones, we've got plan and we know how to execute it. Yes, that's right.. those who are entering for the first time do not have a proper plan that they can use as a guide in trading. Unfortunately they only invest without knowing the quality of the coins they buy, lack of information and learning to analyze makes it easy for someone to panic when the price drops because they are inexperienced. I also used to feel that way when I was new...it's just a matter of time, experience and keep trying.And worse is that when they see the coin plummeting, they're likely to panic sell no matter what they planned for because they're being attacked by panicking. Title: Re: Don't panic Post by: BintangBuleun on July 24, 2021, 08:03:04 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Yes. Some traders panic when they see a dump market. But others because of needs that must be met. Because we have been in crypto investing for a long time, and have seen how the crypto price moves process, so panic is no longer the main reason for us. But we also need to be aware of this, because it also results in loss of assets. Title: Re: Don't panic Post by: marissa23 on July 24, 2021, 08:17:30 PM Yes. Some traders panic when they see a dump market. But others because of needs that must be met. Because we have been in crypto investing for a long time, and have seen how the crypto price moves process, so panic is no longer the main reason for us. But we also need to be aware of this, because it also results in loss of assets. You should choose the top coins to invest because new coins will cause you to lose assets due to scam or lose trading volume, investing in new coins cannot control panic because if valid evidence is found that the project is a scam then the coin price will drop drastically.Title: Re: Don't panic Post by: Rabi3 on July 24, 2021, 11:13:12 PM People panic due to lack of knowledge about the technology of cryptocurrency. They panic when the market crashes and easily sell their investments. This usually happen with a newbie. that is true, i can relate to this, i was just like that on the first time trading, not just the first time i was panicking even when a token i had was down just 5%, but i learned that i should keep calm and hodl when i believe a coin i bought i good enough to get me profit, we all know crypto always has its ups and downs.Title: Re: Don't panic Post by: SeaSoul on July 25, 2021, 02:34:20 AM People panic for one reason - when they don't know what to do. Imagine you have a disaster plan, will you panic? No. People panic for not knowing what to do because of lack of knowledge. If you're a kind of investor who fill your mind first with knowledge about what you're getting into then it can be prevented. However we are just human who commit mistakes, thus its normal but there's a way to not become someone who often panic if things didnt happen according to planned. It can help if we prepare ourselves for unexpected scenarios plus having plan and strategy, this way we know what to do and panicking wont be the solution.Only if things don't go according to plan. Most people don't have any plans for crypto at all. I would argue that people don't panic because of lack of knowledge, but because of lack of experience. You can know a lot about the market, talk with someone, read a book and so on. But lack of experience punches you in the face when you see huge red candles on the screen thinking your investment is turning into the Titanic. If you then have experience, you will stay calm knowing that this happened before and chances for recovery are great. Title: Re: Don't panic Post by: Dr.Osh on July 25, 2021, 05:24:39 AM it's true that panic often makes we lose money in crypto, sometimes I personally can't control my panic if I see the coins we have go up and feel quite satisfied with the results i sell and when they are released the price goes up and up, panic its not good so it must be relaxed in seeing the market. Well, speaking of panic issues, I may be one of the victims of panic, so I don't get the maximum benefit. Well, however, before selling an asset, it's best to think about it. even in a dump state, I prefer to hold it in. it's just that sometimes the FUD flow is so strong, that I very quickly make a decision to sell. Yeah, but because of that, I learned a lot. however, even in the current state of the dump, I still continue to hold my assets.Title: Re: Don't panic Post by: akar87 on July 25, 2021, 06:18:51 AM it's true that panic often makes we lose money in crypto, sometimes I personally can't control my panic if I see the coins we have go up and feel quite satisfied with the results i sell and when they are released the price goes up and up, panic its not good so it must be relaxed in seeing the market. Well, speaking of panic issues, I may be one of the victims of panic, so I don't get the maximum benefit. Well, however, before selling an asset, it's best to think about it. even in a dump state, I prefer to hold it in. it's just that sometimes the FUD flow is so strong, that I very quickly make a decision to sell. Yeah, but because of that, I learned a lot. however, even in the current state of the dump, I still continue to hold my assets.Title: Re: Don't panic Post by: Ceyflix-Rez on July 27, 2021, 04:24:40 PM As if anyone can escape from panic, it's in human blood just like getting jealous and getting scared too, all this is what defines human so telling me that you aren't in panic means you aren't human, one effective way of easing your panic is follow the rules of investment ( investing only what you can afford to lose) doing this will make you pick the right choices when needy
Title: Re: Don't panic Post by: Insomnia family on July 27, 2021, 04:33:09 PM panic is normal. everyone experiences it especially for those who enter at the wrong time and leave with no profit. I've experienced it, when I bought at a high price and suddenly dropped almost 70% from the initial price when I bought it. even though crypto is unstable, but we also need to take the choice between selling at a loss or just holding on to see the coin getting worse?
Title: Re: Don't panic Post by: distr@yopmail.com on July 27, 2021, 04:44:15 PM panic is normal. everyone experiences it especially for those who enter at the wrong time and leave with no profit. I've experienced it, when I bought at a high price and suddenly dropped almost 70% from the initial price when I bought it. even though crypto is unstable, but we also need to take the choice between selling at a loss or just holding on to see the coin getting worse? not all coins when they go down will get worse.you can see some of the top market coins that will give you psychological stability. there are no qualms about holding on to top market assets like BNB and ETH despite falling prices. that's what every beginner should give to know a down market will definitely go up. So don't rush to sell your assets at a loss. Title: Re: Don't panic Post by: Sayeds56 on July 27, 2021, 04:45:21 PM People are selling in panic because they are not prepared for this if they are new and often they spending money they can't afford to lose. They think about profit and don't considering the fact that price can go down. I think people sell in panic when they used borrowed money to trade in crypto or they are new in this market and have not witnessed Market volatility. Sometimes people use high leverage in future trading up to 100X and in case market goes against their trade, they find no other option to close their trade to avoid total loss of their capital. Such type of high risks trades should never be taken in first place and if taken, stop loss must have been used. Title: Re: Don't panic Post by: suryana on July 27, 2021, 04:50:56 PM People are selling in panic because they are not prepared for this if they are new and often they spending money they can't afford to lose. They think about profit and don't considering the fact that price can go down. I think people sell in panic when they used borrowed money to trade in crypto or they are new in this market and have not witnessed Market volatility. Sometimes people use high leverage in future trading up to 100X and in case market goes against their trade, they find no other option to close their trade to avoid total loss of their capital. Such type of high risks trades should never be taken in first place and if taken, stop loss must have been used. Title: Re: Don't panic Post by: kapalmabur on July 27, 2021, 05:37:13 PM Panic is a cancer to stop your healthy thoughts about crypto investment. But there's a step to avoid panic and that is knowledge. Without proper and enough knowledge about this crypto investment. They are always possible to panic every time there's a correction or fluctuations. Knowledge first before investment. This is a very correct suggestion, because whatever thing to be explored must always be accompanied by knowledge because without that knowledge everyone will not know where to start and where to end, this is how it works in general.before plunging into the world of cryptocurrencies, it is better to increase the knowledge first so that later you can understand Title: Re: Don't panic Post by: dificanovi on July 27, 2021, 05:42:27 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. yes in general they panic when they see the price of cryptocurrencies have decreased. for beginners it is a very worrying thing because they are afraid of getting a very large loss, therefore they will sell coins at a very cheap price. but for experienced investors they will calm down and will hold their coins until the market price rises again. Title: Re: Don't panic Post by: Review Master on July 27, 2021, 05:44:24 PM This is a very correct suggestion, because whatever thing to be explored must always be accompanied by knowledge because without that knowledge everyone will not know where to start and where to end, this is how it works in general. Well that's right, but even people does some mistakes and sell out anything on panic instead of having proper knowledge because they get into fomo which can't be controlled so easily by acquiring proper data of any particular coins/tokens. So, we should have knowledge at first place and than need to be good at controlling our emotions because none can detect that fomo until some mistakes are done in panic mode. Title: Re: Don't panic Post by: techearn17 on July 28, 2021, 01:49:46 AM The whole game is about panic. People who are players know that first of all, they look for a good coin. If the market goes against you, you can be sure that if not today, the market will return tomorrow. People often lose their portfolio in pump dump tokens If your coin is good, you don't have to worry.
Title: Re: Don't panic Post by: rosemariefrancis on July 28, 2021, 10:45:20 AM @akirasendo17 I completely agree with you. The major reason why people lose money in crypto is because they panic sell in loss. One needs to understand that the market doesn't just go one way or at one pace. It changes with time and people need to stop presuming crypto as a money making machine.
Title: Re: Don't panic Post by: mey466 on July 28, 2021, 04:23:28 PM What often makes many people lose money in crypto is not just panic, but when they feel the profits are still lacking and always lacking. For example, when Bitcoin goes up 5%, instead of selling, they keep waiting and even buy additional Bitcoin. In fact, by selling, the profits obtained are very good. Don't let greed make you lose in the end. So, when you get news that Bitcoin is going up and your investment is already profitable, don't hesitate to take advantage. Well like that they can't control their emotions trading without a mature strategy so they miss a profit opportunity so that it ends up being regret, at least trading must be able to take advantage of market conditionsTitle: Re: Don't panic Post by: m.rifki on July 28, 2021, 06:33:26 PM What often makes many people lose money in crypto is not just panic, but when they feel the profits are still lacking and always lacking. For example, when Bitcoin goes up 5%, instead of selling, they keep waiting and even buy additional Bitcoin. In fact, by selling, the profits obtained are very good. Don't let greed make you lose in the end. So, when you get news that Bitcoin is going up and your investment is already profitable, don't hesitate to take advantage. If someone who does not have good emotional control skills in managing the assets he has, it will obviously make him lose the opportunity to make profits, looking for profits in the crypto market must be patient and thorough in monitoring the market, if he is not able to be patient and thorough, will It's easy to get tossed around by the highly volatile cycle of the crypto market, and that applies to other investments as well. Title: Re: Don't panic Post by: Anonymous100 on July 28, 2021, 08:08:12 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Everyone has different thoughts and different levels of emotion when seeing market conditions getting worse and worse. They are afraid of losing more money so they sell the asset even though they have already suffered a loss. Title: Re: Don't panic Post by: efreeti on July 28, 2021, 08:25:11 PM What often makes many people lose money in crypto is not just panic, but when they feel the profits are still lacking and always lacking. For example, when Bitcoin goes up 5%, instead of selling, they keep waiting and even buy additional Bitcoin. In fact, by selling, the profits obtained are very good. Don't let greed make you lose in the end. So, when you get news that Bitcoin is going up and your investment is already profitable, don't hesitate to take advantage. That's all relative. If you are a massive hedge fund and put 2 billion USD on the line, you might argue that a 5% increase in Bitcoin's price equaling 100 million USD is already very good profit, but for someone who is playing around with maybe double digit numbers like 50 USD or maybe even 500 USD, 5% is nothing in most places of the world. That's the reality. Getting out at 5% + only because you need to buy yourself a bread is bad anyway. You shouldn't be playing around in crypto markets then. Title: Re: Don't panic Post by: Digital_Lord on July 29, 2021, 06:24:06 PM Panic is a kind of dangerous disease for a trader. If anyone has this disease he can't get profit by trading. So don't be the patient of this disease and take your time to decide where to invest and also research yourself. Don't invest anywhere before researching yourself.
Title: Re: Don't panic Post by: efreeti on July 29, 2021, 09:04:18 PM Panic is a kind of dangerous disease for a trader. If anyone has this disease he can't get profit by trading. So don't be the patient of this disease and take your time to decide where to invest and also research yourself. Don't invest anywhere before researching yourself. I think we all have a certain threshold when it comes to panic in trading. For some among us that threshold might be really really high, so staying calm even when Bitcoin drops 80%. While for others that threshold is pretty low and they get shaky hands and sweat like hell when Bitcoin drops 5% to 10%. Everyone is different although to some degree you can learn to cope with risk and volatility. Title: Re: Don't panic Post by: blockman on July 29, 2021, 10:25:17 PM Panic is a kind of dangerous disease for a trader. If anyone has this disease he can't get profit by trading. So don't be the patient of this disease and take your time to decide where to invest and also research yourself. Don't invest anywhere before researching yourself. It isn't an actual disease it's a reaction that we show whenever we see the market don't go and isn't in favor of the likes of us. Someone has to understand that crypto investments are very much volatile and you have to be patient for you to survive this fluctuating market. Because if you're not too patient on it, you're not going to stay on this market for long and you'll be too quick in temper and might lead yourself to do things that you don't like, just like panic selling and selling at losses which isn't even your will.Title: Re: Don't panic Post by: BitTraderCute on July 29, 2021, 10:39:59 PM You are right. The main thing which is not letting people get profit is panic. New traders take their decisions in a panic that's why they mostly get loss. They buy in FOMO and sell when they see a little dump. If anyone wants to get profit from trading then he/she should take decision in panic and should take entry at right time. we have several reason why panic could come to us recently especially new investors in crypto market. First point is we didnt research properly to asset that we bought before, we didnt understand the good point from this projects so when see price correction we think its dump and willl dying. another thing is we didnt use proper money management and put all money only into one portofolio so risky will getting bigger rather than we split it. FOMO will not happen if we have good knowledge in trading.Title: Re: Don't panic Post by: Fatunad on July 29, 2021, 10:51:51 PM You are right. The main thing which is not letting people get profit is panic. New traders take their decisions in a panic that's why they mostly get loss. They buy in FOMO and sell when they see a little dump. If anyone wants to get profit from trading then he/she should take decision in panic and should take entry at right time. we have several reason why panic could come to us recently especially new investors in crypto market. First point is we didnt research properly to asset that we bought before, we didnt understand the good point from this projects so when see price correction we think its dump and willl dying. another thing is we didnt use proper money management and put all money only into one portofolio so risky will getting bigger rather than we split it. FOMO will not happen if we have good knowledge in trading.Although the difference between noobs and experts is that they do able to handle out themselves on specific situations where they do really know on what to do but due to unpredictable characteristic of the market then it cant really be avoided that our analysis would really be not that effective or the price movement goes to the other side. Title: Re: Don't panic Post by: Fivestar4everMVP on July 29, 2021, 11:00:10 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Well, you are absolutely right with everything you said, but all this can only apply to when one invested in a legitimate project, am saying this because, even with my level of experience in this space, I recently fell victim to a scam, my need for money got so bad that I failed to research before investing into a project for quick profit, it turned out the devs of this project were minting news tokens in the background and selling without the community knowing thereby bringing the price of the token down each time it tries to pump, at some point, I found out, but before I did, I and every other person that invested have lost 3/4 of what we invested, quickly, I had to sell and withdraw whatever was left and move on.Things to learn from this is that - 1. Never be so desperate to make quick money that it clouds your sense of reasoning, that it becomes paramount over the security of that which you already have( it doesn't make sense to make money only to end up losing it again) 2. Incase one falls a victim to this kind of project, learn to get out quick while the opportunity is still there, dont wait there hoping for a miracle to happen, cus the longer you wait thinking things would change, the more price is going down, and the more your invested money is diminishing, and also the more your chances of getting your money out is closing in on you as liquidity can be pulled out anytime in some cases. Title: Re: Don't panic Post by: Hannahanto on July 29, 2021, 11:17:50 PM We always try as much as possible not to panic but in some cases is just natural to panic.
Instance, you're holding a coin worth about $50k and then suddenly bear market comes up I'm sure you're going to panic cause of the income you hold and at that moment your fiat isn't that much you'll surely panic. It's just nature but I believe the higher you trade and stay in crypto the less you fear it's just a matter of time and experience Title: Re: Don't panic Post by: Traderbtcc on July 29, 2021, 11:47:43 PM I see a lot of newbies are here because they are only driven by emotions and only buy because of friends, many of them don't know about crypto, no wonder they lose money so fast We can't really blame noobs who jump into crypto hoping they will get rich real soon, maybe their friends who introduced them to the crypto market never mentioned the part where the market dumps and everyone starts being scared of buying, they aren't informed about the bear days or the days of red they are only told about the green days when people make excess gains, in conclusion newbies panic because they aren't prepared for the red days in crypto, they were told about the green days only. Title: Re: Don't panic Post by: wajik-tempe on July 29, 2021, 11:51:21 PM What often makes many people lose money in crypto is not just panic, but when they feel the profits are still lacking and always lacking. For example, when Bitcoin goes up 5%, instead of selling, they keep waiting and even buy additional Bitcoin. In fact, by selling, the profits obtained are very good. Don't let greed make you lose in the end. So, when you get news that Bitcoin is going up and your investment is already profitable, don't hesitate to take advantage. It depends on the trading time span of the traders itself, sometimes holding for a long time for a better profit is good if the trader manage to hold their coins for a long time, as we know from the market chart history, holding for 5 years is always make a huge return. 5% profit is too small in cryptocurreny trading, so people are aiming for bigger returns. Title: Re: Don't panic Post by: DPrillio on July 30, 2021, 03:47:14 AM What often makes many people lose money in crypto is not just panic, but when they feel the profits are still lacking and always lacking. For example, when Bitcoin goes up 5%, instead of selling, they keep waiting and even buy additional Bitcoin. In fact, by selling, the profits obtained are very good. Don't let greed make you lose in the end. So, when you get news that Bitcoin is going up and your investment is already profitable, don't hesitate to take advantage. It depends on the trading time span of the traders itself, sometimes holding for a long time for a better profit is good if the trader manage to hold their coins for a long time, as we know from the market chart history, holding for 5 years is always make a huge return. 5% profit is too small in cryptocurreny trading, so people are aiming for bigger returns. Title: Re: Don't panic Post by: nicecrypto on July 31, 2021, 09:56:42 AM I believe that firstly, most investors don't know why they are investing and don't even know what to invest in except for what they come up here to ask, "Which is the best crypto to buy now" and such. People panic sell when they don't believe in what they invested in because they never really made their own research on the project and they also didn't have a projection for their investment. If you know the project you invested in and understand why you invested and what your target is, then there is a likely possibility that that investor will not panic sell.
Title: Re: Don't panic Post by: junkerr on July 31, 2021, 11:24:03 AM Lack of skills when trading is one factor that you are losing money in crypto. So, much better to wait and hold long time and wait for the bigger opportunity to gain more profit and most important is don't panic just keep always on mind that crypto is volatile the ups and down is normal. yes, for new people without skills and experience it will be better for short-term or long-term investments. it will be safer by choosing the right asset.buy cheaply and hold it until the price meets our target. simple investment. the most important thing is that if there is a decline in asset value, don't panic and change your short-term investment strategy to the long-term. the market will definitely return the value of your investment. Title: Re: Don't panic Post by: kak uli on July 31, 2021, 12:59:15 PM I think usually such a panic attitude will keep the trader always in a loss, and it is often experienced by new traders who do not understand the movement of the market, it should be to avoid panic in making trades need to take steps like this.
1. Traders should understand Candil or market charts. 2. Traders are not easy to trust with developing issu 3. Convince with your own analysis Well, I think all three of them are solutions for traders, this is my previous experience. Title: Re: Don't panic Post by: desticy on August 02, 2021, 05:08:34 PM First you need to understand why exactly people panic.
It's simple, they panic because they don't know what to do. People start to panic when they see that their expectations look like red candles on the chart and they don't know what to do about it. Someone runs to sell and shouts that they will do it, the rest follow his example because they do not know what to do. Title: Re: Don't panic Post by: rina aulia on August 02, 2021, 06:59:29 PM Maybe there must be a target to achieve what we want, for example if we want a long-term investment, of course we have to be observant in choosing coins that are likely to grow big in the future, and if we want to look for them. they. daily profit, we should also choose some assets whose trading volume is large and very active, maybe that way we can keep trading without experiencing very deep losses. As long as you have been involved with the market, then as best you can determine daily profit targets or investments will also have an impact on losses but we must be wise to fight emotions so as not to panic in volatile market conditions, we change the mindset that the market will eventually continue to move high.Title: Re: Don't panic Post by: maruf01788 on August 02, 2021, 07:04:20 PM Yes boss you're right. I am always do it, i can't Control my emotions, i research more times before buy any coin or token and choice good one, but when market dumping then i can't control myself and sold it. one or two days after it's increasing 2x. But i lost money.
Now I realised it - If i don't bear "lose" then crypto is not for me. Title: Re: Don't panic Post by: Dragonfund on August 02, 2021, 07:24:48 PM Your hypothesis seems to work most of the time but it depends when and where to apply it my friend. There are some market conditions that will live you with no options than to sell and take your minimum loss.
I can still remember some entry purchases I have done so many times I did back then and I exited them because I knew they were wrong move and decided to end the trade. Do you know what happen after that? Majority never recover just the same way I caught in Shiba saga listing on Binance. Title: Re: Don't panic Post by: Kasabus on August 02, 2021, 07:26:03 PM Yes boss you're right. I am always do it, i can't Control my emotions, i research more times before buy any coin or token and choice good one, but when market dumping then i can't control myself and sold it. one or two days after it's increasing 2x. But i lost money. Now I realised it - If i don't bear "lose" then crypto is not for me. If you don't learn, then crypto is not for You. it's actually normal to make mistakes especially if we are just starting, but if we keep making those mistakes over and over again, then it's just like wasting money, and we should stop immediately. Title: Re: Don't panic Post by: bosede1 on August 04, 2021, 03:52:18 PM This is true not to panic sell for instance last year when bitcoin was just increasing around $19k I was really anxious to sell some of the ones I have been holding back since 2017, but for some unforeseen contingencies I hold till like march and I was grateful I did. I wanted to take the opportunity of the increase when I don't know that that was just the tip of the iceberg.
Title: Re: Don't panic Post by: leetcoiner on August 04, 2021, 08:08:22 PM What often makes many people lose money in crypto is not just panic, but when they feel the profits are still lacking and always lacking. For example, when Bitcoin goes up 5%, instead of selling, they keep waiting and even buy additional Bitcoin. In fact, by selling, the profits obtained are very good. Don't let greed make you lose in the end. So, when you get news that Bitcoin is going up and your investment is already profitable, don't hesitate to take advantage. You exaggerate, it all depends on the goals of the person. If my goal is to earn 100% on bitcoin, then I will not be satisfied with the moment when it rises by 5%, I prefer to wait and sell it later, at the levels I am interested in. But if bitcoin has reached my goals, but I want to also expect growth of 105%, this is already a problem. Title: Re: Don't panic Post by: livingfree on August 04, 2021, 08:14:26 PM they don't understand that the crypto market is like an earthquake, sometimes it makes a surprise without us knowing. on this basis maybe many people should know better that in crypto we must be strong and should not panic in any way so that profits are maintained and safe With time and staying in the crypto market.Everyone will start to see those things and it will make all of them strong as they experience serious and large corrections. While being overwhelmed when there are such pumps. Panicking is going to stay even the experience people still have it but is manageable. Title: Re: Don't panic Post by: 2tang on August 04, 2021, 08:48:38 PM they don't understand that the crypto market is like an earthquake, sometimes it makes a surprise without us knowing. on this basis maybe many people should know better that in crypto we must be strong and should not panic in any way so that profits are maintained and safe If they don't know about crypto market conditions, it would be better if those of you who really know about the crypto market are willing to give advice to those who still don't know so that in the future there will be no more people panicking about crypto market conditions.Title: Re: Don't panic Post by: Balmain on August 04, 2021, 08:59:37 PM In the last months, I panicked as a result of a mistake and lost a lot of money. It was really bad, I made mistake after mistake because I was panicked. It seems like a better option for me not to open too many trades since there are volatile markets.
Title: Re: Don't panic Post by: Rampagoe004 on August 05, 2021, 11:42:41 AM Many of us feel panic when the price of the coin that we hold decreases, so we sell in the moment of loss then in this case we must first see the market movement if it is suitable for us to invest then we just hold the coin, In this case we must be ready to suffer losses because not all investments we can benefit,patience in investing we always have to rely on.
Title: Re: Don't panic Post by: RokokGudangGaram on August 05, 2021, 12:01:27 PM That's true and we can't blame them, newbie traders experienced this always and it's part of the learning process after that they will know that emotions should be set aside and just do the trading no matter what will be the outcome, and of course it is their first time doing trading and they see that they lost some money and it will lead them in panicking.
Title: Re: Don't panic Post by: Kimonoe on August 05, 2021, 12:31:42 PM That's true and we can't blame them, newbie traders experienced this always and it's part of the learning process after that they will know that emotions should be set aside and just do the trading no matter what will be the outcome, and of course it is their first time doing trading and they see that they lost some money and it will lead them in panicking. Panic is a natural thing, especially for novice traders who are new to the world of trading. Of course, there will be lots of questions about him, even if he doesn't think he is suitable in the trading world, because whatever he does seems to be wrong. But that's the process, if we want to learn, of course we will have development Title: Re: Don't panic Post by: Westinhome on August 05, 2021, 01:36:18 PM Yes boss you're right. I am always do it, i can't Control my emotions, i research more times before buy any coin or token and choice good one, but when market dumping then i can't control myself and sold it. one or two days after it's increasing 2x. But i lost money. Now I realised it - If i don't bear "lose" then crypto is not for me. If you don't learn, then crypto is not for You. it's actually normal to make mistakes especially if we are just starting, but if we keep making those mistakes over and over again, then it's just like wasting money, and we should stop immediately. Actually a lesson learn also on us that we make mistake in a first place because we can improve or aware from those mistake that we make on when we are new in crypto. If the time comes our token we have are in dip we dont need to be panic must better to calm as always and find a way to recover again. Title: Re: Don't panic Post by: Sihab76 on August 05, 2021, 06:50:12 PM The cryptocurrency market is always volatile, uncertain. It is not at all right to assume that you will always benefit by investing in cryptocurrency. There are many investors who have lost money from cryptocurrency To leave the market for life. So those who have suffered cryptocurrency losses They are not impatient to wait. Cryptocurrency will give you something good one day or another.
Title: Re: Don't panic Post by: Insomnia family on August 05, 2021, 06:57:41 PM Many of us feel panic when the price of the coin that we hold decreases, so we sell in the moment of loss then in this case we must first see the market movement if it is suitable for us to invest then we just hold the coin, In this case we must be ready to suffer losses because not all investments we can benefit,patience in investing we always have to rely on. Investing must always be observant and don't be careless in monitoring the market, that's if you want to do it in the short term, but if you want to do it for the long term, then you have to choose coins that are ranked well every year, very simple and no need to panic at allyes in this case one needs to take a decision with the top coins in the crypto market at least in the 1 - 10 list, I am not an expert advisor or anything related to crypto investment, just that I recommend for people who don't like high investment risk appetite will but at least it can minimize your risk of loss. Title: Re: Don't panic Post by: Judrob on August 05, 2021, 07:55:47 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. When a person panics he can not think logically. If I were them, I would look at the current dip as a great opportunity to buy more of my fave altcoin(s) - yes, it's time to fill in my bag with this amazing coin #Stakenet $XSN.Title: Re: Don't panic Post by: Dedewahyu on August 06, 2021, 02:52:18 PM selling in a panic will cost you a lot, trading without a proper plan is a mistake, investing without analysis is a bad thing. i'm lost 83% from my capital, because I didn't have a good plan in investing, I bought Titan coin at the highest price and sold it out of panic.
Title: Re: Don't panic Post by: deathcode on August 06, 2021, 03:42:53 PM selling in a panic will cost you a lot, trading without a proper plan is a mistake, investing without analysis is a bad thing. i'm lost 83% from my capital, because I didn't have a good plan in investing, I bought Titan coin at the highest price and sold it out of panic. but after you accept the loss I believe you are now a better crypto trader.I'm sure everyone has the same problem as you. because panic is a trait that everyone has. The most important thing is that you will definitely control your emotions so you don't panic easily. Title: Re: Don't panic Post by: kevindjunaidi on August 06, 2021, 03:59:51 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. it is a natural thing for beginners, because human nature is afraid, so if the market experiences a correction, then of course many people are afraid and panic sell, even though it is a big mistake, because by selling their cryptocurrency, then it makes them lose their money permanently, but if they still hold and don't sell it, then of course there is a possibility if the price of cryptocurrency that they invested can increase again and they can get profit. Title: Re: Don't panic Post by: Sweetbtc on August 07, 2021, 01:55:45 PM All currencies is now recovering. I am holding all because selling now would be a great loss. We didn't recover yet anyways. Most coins are half (or less) what they were. I trust XRP going back to at least 1.5 .
Title: Re: Don't panic Post by: Chathusand on August 07, 2021, 08:22:21 PM I believe the most of them are newcomers to the market. They're simply for speculative purposes. They had heard about encryption and hoped to become wealthy quickly. They didn't think about stop-profit and stop-loss since they were greedy. The market did not proceed smoothly once they faced certain news or incidents. They watched as their funds dwindled, and they were unable to stop it.
Title: Re: Don't panic Post by: seleme on August 07, 2021, 08:40:50 PM I believe the most of them are newcomers to the market. They're simply for speculative purposes. They had heard about encryption and hoped to become wealthy quickly. They didn't think about stop-profit and stop-loss since they were greedy. The market did not proceed smoothly once they faced certain news or incidents. They watched as their funds dwindled, and they were unable to stop it. All newbies should not invest or trade on the volatile crypto marker with big amounts, better to test their trading skills on the demo account or they can use live accounts with small balances. Investing here and there with high expectations is alright but chasing the losses on the wrong decision can cost a lot. Regarding the inexperienced trader's mistakes, it is no secret that we all make such bad trading decisions in the first months of trading. Using the demo accounts can prevent the big drop in capital but having decent scalping skills are completely different than using swing trades on weekly charts. Title: Re: Don't panic Post by: avarnet on August 09, 2021, 01:38:47 PM In choosing a coin that has good potential, you have to explore the coin a lot until you really know the coin in terms of promotion to the profit of the coin, so that we know that the coin will be expensive and weighty in the long term in the investment world so that we are not in vain in investing for the masses
Title: Re: Don't panic Post by: lienfaye on August 09, 2021, 01:58:20 PM In choosing a coin that has good potential, you have to explore the coin a lot until you really know the coin in terms of promotion to the profit of the coin, so that we know that the coin will be expensive and weighty in the long term in the investment world so that we are not in vain in investing for the masses Many coins are already existing in the market but majority of them are created without utility and just a pump and dump, relying on hype like these meme coins. Thus its a must to dig deeper to find a hidden gem. We're going to invest our hard-earned money so its just right to be extra careful on where to invest it because investing has risk and there's no assurance of gaining from it.Nevertheless we can maximize our chance to earn if we follow the basic rule of taking time gaining knowledge and set aside the emotion when making a decision. Have plan to follow to avoid panic selling in times the market is not in good condition. Title: Re: Don't panic Post by: aemma on August 09, 2021, 02:32:45 PM That is quite true, panic breeds many things of which one of it is indecision or lacking the zeal to the make the right decisions. Panic causes many people to sell especially when fud is released in the market, thus leading to more dump. Also, apart from fud which leads to panic in the general market, panic can also be caused when someone invests in a bad project or in a project he didn't carried out a enough research on, and thus once things aren't going the way he wants or anticipates panic sets in, because he knows his funds is at stake and the next thing would be to sell at loss.
Lastly, newbies seems to be the most affected when it comes to this, because a lot follows crypto Influencers on social media without knowing those Influencers are just after there own pockets and once they stops promoting that coin for another, emotions sets in, panic sets in and they sell at loss; some will learn from such experience and some will continue following those Influencers. Title: Re: Don't panic Post by: carrigan on August 09, 2021, 02:59:20 PM Yes, that is true. Emotional control is important so that we don't panic easily. Usually newbies lose a lot of money because they are stuck with their own emotions and can't wait to monitor changing market conditions. The importance of market analysis should also be studied by newbies so that they can have an idea of what benefits and risks are obtained. if at any time the price of the purchased coin turns out to be too high and market conditions actually go down, the solution is to hold the coin until the price stabilizes again. do not sell cheap because it harms you.
Title: Re: Don't panic Post by: perla on August 09, 2021, 03:22:09 PM Probably just learning, panicking, emotional breakdown, selling because of emotions and fear are part of being trader once they overcome this stage they will know that it's part of learning but sometimes it's all about lack of knowledge that's why people losses their mind in trading.
Title: Re: Don't panic Post by: freedomgo on August 09, 2021, 03:47:14 PM Yes, that is true. Emotional control is important so that we don't panic easily. Usually newbies lose a lot of money because they are stuck with their own emotions and can't wait to monitor changing market conditions. The importance of market analysis should also be studied by newbies so that they can have an idea of what benefits and risks are obtained. if at any time the price of the purchased coin turns out to be too high and market conditions actually go down, the solution is to hold the coin until the price stabilizes again. do not sell cheap because it harms you. It starts with a lack of education about investing in crypto, if they believe that crypto could bring easy money on their investment, then they are wrong and they are most likely to get FOMO easily resulting in big losses in the end as the market does not move in an uptrend movement forever. However, if they really want to stay, they need to learn from their experience and be smart next time. Title: Re: Don't panic Post by: Raflesia on August 09, 2021, 04:40:03 PM Yes, that is true. Emotional control is important so that we don't panic easily. Usually newbies lose a lot of money because they are stuck with their own emotions and can't wait to monitor changing market conditions. The importance of market analysis should also be studied by newbies so that they can have an idea of what benefits and risks are obtained. if at any time the price of the purchased coin turns out to be too high and market conditions actually go down, the solution is to hold the coin until the price stabilizes again. do not sell cheap because it harms you. It starts with a lack of education about investing in crypto, if they believe that crypto could bring easy money on their investment, then they are wrong and they are most likely to get FOMO easily resulting in big losses in the end as the market does not move in an uptrend movement forever. However, if they really want to stay, they need to learn from their experience and be smart next time. Indeed we know investing in crypto always earns fast money but it takes great skill in choosing a particular coin, is it all possible? of course not but they can understand how to choose and see good opportunities not just about easy which is always expected then it will be a big mistake too. Title: Re: Don't panic Post by: ibuddy122505 on August 09, 2021, 04:55:25 PM Probably just learning, panicking, emotional breakdown, selling because of emotions and fear are part of being trader once they overcome this stage they will know that it's part of learning but sometimes it's all about lack of knowledge that's why people losses their mind in trading. Absolutely. Before you use your abilities, don't get panicked easily. Positive thinking is one of the best tools for dealing with panic. We have a decent opportunity in this market, but it is up to us how we take advantage of it. People have been staying with their holding couple of months, but some would like to stay for a couple of years. Your strength will determine the outcome of the race. Invest in a bear market and sell in a bull market to make money. Title: Re: Don't panic Post by: RbiggerG on August 09, 2021, 05:00:44 PM Yes, that is true. Emotional control is important so that we don't panic easily. Usually newbies lose a lot of money because they are stuck with their own emotions and can't wait to monitor changing market conditions. The importance of market analysis should also be studied by newbies so that they can have an idea of what benefits and risks are obtained. if at any time the price of the purchased coin turns out to be too high and market conditions actually go down, the solution is to hold the coin until the price stabilizes again. do not sell cheap because it harms you. It starts with a lack of education about investing in crypto, if they believe that crypto could bring easy money on their investment, then they are wrong and they are most likely to get FOMO easily resulting in big losses in the end as the market does not move in an uptrend movement forever. However, if they really want to stay, they need to learn from their experience and be smart next time. Indeed we know investing in crypto always earns fast money but it takes great skill in choosing a particular coin, is it all possible? of course not but they can understand how to choose and see good opportunities not just about easy which is always expected then it will be a big mistake too. Excuse me, but this is very wrong... I know of people who have been into crypto for over 8 years now and some of them have even worked on top 20 cryptocurrencies as developers. Do you think that none of them ever made an unbelievably bad decision? One guy did even go broke, but is back on his feet now. They are all professionals, they were all extremely sure about their decisions and positions, and yet some of them were wrong some of the time and some of them were right some of the time. Luck is also a huge factor, personal circumstances and much more. Education is a good point to start with but in no way is it an insurance against losses. I am sure you know from the media some gurus who dominated the markets for decades and yet have been wrong big time here and there. Title: Re: Don't panic Post by: m.rifki on August 09, 2021, 05:13:45 PM Probably just learning, panicking, emotional breakdown, selling because of emotions and fear are part of being trader once they overcome this stage they will know that it's part of learning but sometimes it's all about lack of knowledge that's why people losses their mind in trading. Moreover, if a trader decides to buy just because he follows a trend, then panic will increase when there is a decline, very lucky people who want to learn from experience, and don't repeat the same mistakes. Title: Re: Don't panic Post by: Plinteng on August 10, 2021, 01:15:36 PM yes panic is one of the most influencing factors in making decisions, so that most people who panic are faced with failure. But I want to add a little, sometimes there are some people who carry out strategies to achieve their goals even though they fail in the end and that person doesn't panic at all in dealing with it, the point in the business world is strongly influenced by mentality and should not panic.
Title: Re: Don't panic Post by: Rikotin on August 10, 2021, 01:19:16 PM I think most of them are newbies who have just entered the market. They are just for speculation. They heard some news about encryption and wanted to get rich overnight. This greedy idea made them not consider stop-profit and stop-loss. After they encountered some news or incidents, the market did not go well. They watched their funds slowly decrease, and naturally they couldn't control them. but In fact, this is normal in the crypto market.
Title: Re: Don't panic Post by: fileo on August 10, 2021, 01:47:43 PM Panic is the basic and common destroyer of newbies in cryptocurrencies ecosystem especially when the market turn to bearish or will have a sideways. Newbies will treat the red portfolio as negative, from that they may sell their tokens because of fear to lose some more. At the end they will see the embarrassing emotional approach during dump. Learning would be after mistakes.
Title: Re: Don't panic Post by: 2tang on August 10, 2021, 03:09:00 PM Moreover, if a trader decides to buy just because he follows a trend, then panic will increase when there is a decline, very lucky people who want to learn from experience, and don't repeat the same mistakes. Trends really need to be followed, but everyone should not be negligent in following trends so that he forgets to get the profits that are already visible in front of his eyes, because often people who are new to the crypto space forget to save their profits that they have earned through trading.Title: Re: Don't panic Post by: goolesby on August 10, 2021, 03:56:25 PM That's right, usually after a sharp rise, the market begins to correct or decline due to a sell-off. The market situation that goes up and down like a rollercoaster often makes many investors or traders 'lose their minds' in investing and tend to make transactions based on emotions.
As a result of this, there are two things that usually happen when the market loses its mind. Those are panic buying and panic selling. Title: Re: Don't panic Post by: otundebis on August 11, 2021, 02:49:47 PM Those that can not handle pressure must learn that Cryptocurrency can give you a lot of pressure and you need not to be affected by it. It normal Cryptocurrency situation. A coin can drop 90 percents in matter of days regardless of how solid or legit such coin might be. It important to be in charge of your life and emotion and keep your expectations low!
Title: Re: Don't panic Post by: Baimovic on August 11, 2021, 05:24:17 PM Panic sell occurs when we see a given chart in the direction of a very deep decline, actually it is an anticipation to lose more of the asset we hold, but if we do not panic sell and be patient to hold on to the asset until the price drops. the price goes up again then we won't lose our money, so if we see the price go down and the tokens we hold have good progress on the project, of course there is no need to worry when the price goes down because when Bitcoin goes up the price of altcoin will go up.
Title: Re: Don't panic Post by: sulendra12 on August 11, 2021, 06:08:46 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Experienced traders also experienced this as well. Panic is a human habit and I do understand about people be panicking when the price crashed or even people got baited by quick pump and dump. We should be prepare with anything possible in the crypto market, it's difficult for sure and few mistakes will be made on the process including me.They have to experience this by themselves so they "know" what to do when such thing occurs. Title: Re: Don't panic Post by: Lordshiva on August 12, 2021, 02:40:33 AM I totally agree with you, indeed the purpose of investing is to make a profit, but it is not as easy as turning the palm of the hand, everything requires a process, both mental and thought, by mastering technical analysis of a coin then you have a great opportunity to make a profit, I think panic will give you you lose and regret later. Maybe there are many new traders who want quick profits so they just invest in investing so that when they see prices fall they feel like they will lose assets so they panic and sell all their assets even though they lose, but if we know from the beginning the developments in crypto of course panic will not come because we always believe that crypto developments still continue despite the price correction.Title: Re: Don't panic Post by: Wulan_maniez on August 12, 2021, 01:40:28 PM Panic in crypto trading is common, no exception for experts traders. This panic will occur if a trader is wrong in taking open positions.
In this case, proper analysis is needed, when wrong predictions. Prices that are thought to have been very low could be the highest prices when it happens to the bear market. That is also why a trader should not rush to take a trading entry. Title: Re: Don't panic Post by: bosede1 on August 12, 2021, 02:29:49 PM It is good to do thorough research in whatsoever thing you want to do especially when money is involved, so also panicking should be avoided like a plague in any decision taken in life.
Title: Re: Don't panic Post by: iged_war on August 12, 2021, 02:45:20 PM Panic in crypto trading is common, no exception for experts traders. This panic will occur if a trader is wrong in taking open positions. If you don't know what you are doing, the chance to lose your money is really high, but if you are good at anticipating there's always a good chance for you to earn from this market.In this case, proper analysis is needed, when wrong predictions. Prices that are thought to have been very low could be the highest prices when it happens to the bear market. That is also why a trader should not rush to take a trading entry. Panic is very natural when you don't know what you are doing. You have to do your research before making any move it will enhance your opportunities and lessen the chance of panicking when market crashes. Title: Re: Don't panic Post by: projapoti on August 12, 2021, 04:39:34 PM Crypto traders should not panic. And for those who are worried about small beds, it would not be right to trade crypto. Because it will be harmful for their health. Seeing the small and big price movement in the market, many people buy and sell crypto out of emotion. Crypto must be researched before buying and selling.
Title: Re: Don't panic Post by: Bagong91 on August 13, 2021, 07:09:17 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. I agree and that's what I experienced when crypto prices fell and I panicked at that time, but from there I learned not to panic of course because I have a long target for coins that I hold for the long term Title: Re: Don't panic Post by: Luke Briggs on August 13, 2021, 07:17:44 AM Prices continue to fall, testing people's psychological quality.
When novices lose money in cryptocurrency, they will be afraid of cryptocurrency. No longer invest in cryptocurrencies. Because it believes in FUD instead of analyzing the market, it will also blindly follow the whale operation. Title: Re: Don't panic Post by: evichi on August 13, 2021, 12:34:58 PM Research before investment is the key. It is really important to read and understand the utility of the coin or token both short term and long term. But, when it comes to meme coins/tokens, that is the area I can't really say about utility. However, even at that you can still act on news and personalities behind some meme tokens and coins. The world of crypto is all about people. A token is worthwhile because of people - that is what is happening on meme coins/tokens. It is pertinent to do some research before parting with your hard earned money - this will help you minimize panic.
Title: Re: Don't panic Post by: Questat on August 13, 2021, 01:14:33 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. I agree and that's what I experienced when crypto prices fell and I panicked at that time, but from there I learned not to panic of course because I have a long target for coins that I hold for the long term Just believe in crypto and believe in the coin you are holding, make sure you did your research and follow the development of the project if you are into long-term holding. Honesty, it's not easy to hold if you are not fully educated as you can easily be affected by the FUD and might change your stance regarding your investment strategy. Title: Re: Don't panic Post by: Woodie on August 13, 2021, 01:38:33 PM You will agree with me that If you were a first time forex trader and entered a trade for the first time, you will agree that if you bought an asset and candles shouldn't that price is still going down (bearish) its highly likely that you would close your buy and open a sell order which is evidence to show that emotion and heard mentality could be at play. So to overcome this let's spend more time on these charts to farmilize ourselves with how price behaves and build confidence too.
Title: Re: Don't panic Post by: JohnBitCo on August 13, 2021, 01:43:33 PM You will agree with me that If you were a first time forex trader and entered a trade for the first time, you will agree that if you bought an asset and candles shouldn't that price is still going down (bearish) its highly likely that you would close your buy and open a sell order which is evidence to show that emotion and heard mentality could be at play. So to overcome this let's spend more time on these charts to farmilize ourselves with how price behaves and build confidence too. The newbie and the inexperienced traders always make this mistake of panic buying and panic selling. Soon after they sold in panic, the market starts going up. They have no idea how the price action works and hence they are always at a loss. A big misunderstanding is that people think that trading is the most easiest job which can be done without any prior knowledge. While the reality is that trading is one the toughest job and even if you are master in it, you can still lose your trades. Title: Re: Don't panic Post by: Rikotin on August 13, 2021, 10:59:58 PM I think most of them are newbies who have just entered the market. They are just for speculation. They heard some news about encryption and wanted to get rich overnight. This greedy idea made them not consider stop-profit and stop-loss. After they encountered some news or incidents, the market did not go well. They watched their funds slowly decrease, and naturally they couldn't control them. but In fact, this is normal in the crypto market.
Title: Re: Don't panic Post by: Menawi12 on August 13, 2021, 11:43:37 PM Agree, a trading plan is important so that we don't panic when our trading position is against the market. Cut loss can be an option to save our portfolio from deeper losses. But if we plan to invest in the long term, then we should not look at price movements in a fairly volatile market Title: Re: Don't panic Post by: nhaila on August 13, 2021, 11:58:49 PM For those who do not know much about cryptocurrency, it is better to stay away from investing in cryptocurrency.For now, before entering cryptocurrency, he must invest in a very good analysis of the market and cryptocurrency, otherwise the loss will be more than the profit.
Title: Re: Don't panic Post by: lepbagong on August 15, 2021, 07:50:39 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Patience in doing work is very necessary and it's true that you must be able to regulate emotions so you don't panic quickly, because with panic you can certainly do something that can't be controlled and doesn't analyze properly anymore. indeed beginners in crypto are usually guaranteed to experience, but not a few experienced ones also sometimes can't help themselves. losing money in crypto is not just because of panic, but losing their money because they don't understand how to trade properly. not understanding the market movement also causes you to lose your money. I think like that but panic plays a very high role and it is true that experience in trading is also needed with good analysis, because if everything has become one unit then you can't think properly and lose money is certain. all are interconnected and cannot stand alone in stressful trading. Title: Re: Don't panic Post by: lepbagong on August 15, 2021, 07:54:25 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Patience in doing work is very necessary and it's true that you must be able to regulate emotions so you don't panic quickly, because with panic you can certainly do something that can't be controlled and doesn't analyze properly anymore. indeed beginners in crypto are usually guaranteed to experience, but not a few experienced ones also sometimes can't help themselves. losing money in crypto is not just because of panic, but losing their money because they don't understand how to trade properly. not understanding the market movement also causes you to lose your money. I think like that but panic plays a very high role and it is true that experience in trading is also needed with good analysis, because if everything has become one unit then you can't think properly and lose money is certain. all are interconnected and cannot stand alone in stressful trading.Title: Re: Don't panic Post by: suryana on August 15, 2021, 09:22:35 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Patience in doing work is very necessary and it's true that you must be able to regulate emotions so you don't panic quickly, because with panic you can certainly do something that can't be controlled and doesn't analyze properly anymore. indeed beginners in crypto are usually guaranteed to experience, but not a few experienced ones also sometimes can't help themselves. losing money in crypto is not just because of panic, but losing their money because they don't understand how to trade properly. not understanding the market movement also causes you to lose your money. I think like that but panic plays a very high role and it is true that experience in trading is also needed with good analysis, because if everything has become one unit then you can't think properly and lose money is certain. all are interconnected and cannot stand alone in stressful trading.Title: Re: Don't panic Post by: freedomgo on August 15, 2021, 09:37:18 PM Cryptocurrency, you will never panic. You can never survive if you panic about cryptocurrency. If you buy a coin today, you will see later that the price of that coin has gone down a lot You will never lose patience.If you lose patience with this cryptocurrency, you will never be able to survive working in the cryptocurrency. So I would say that no matter how low or high the market is, you should never panic. Don't panic if you want to stay in business, but most importantly, but a coin that you are confident about the team and its potential so you'll be able to hold strong even if the market is bearish. That's the simple recipe for success as some major coins now have also gone through a bearish period particularly in 2018 where most of them dump badly. For example, in 2018, BNB is just priced at 8usd, but its ATH is already $600... so you'll make a lot of money if you held. Title: Re: Don't panic Post by: Furious 7 on August 15, 2021, 10:03:50 PM Cryptocurrency, you will never panic. You can never survive if you panic about cryptocurrency. If you buy a coin today, you will see later that the price of that coin has gone down a lot You will never lose patience.If you lose patience with this cryptocurrency, you will never be able to survive working in the cryptocurrency. So I would say that no matter how low or high the market is, you should never panic. Don't panic if you want to stay in business, but most importantly, but a coin that you are confident about the team and its potential so you'll be able to hold strong even if the market is bearish. That's the simple recipe for success as some major coins now have also gone through a bearish period particularly in 2018 where most of them dump badly. For example, in 2018, BNB is just priced at 8usd, but its ATH is already $600... so you'll make a lot of money if you held. The business does have to be carefully planned so don't just choose coins carelessly, of course, you have to use potential ones, let's say BNB is currently being pumped and before it was under $300, so if we are patient, of course we will see good results even with a big advantage because I think the current price of BNB is still quite low so don't panic buy now and have bad thoughts later, keep thinking positive and believe that behind BNB there are still many good developments so I believe that one day BNB can become $1000. Title: Re: Don't panic Post by: tabas on August 15, 2021, 10:38:14 PM Cryptocurrency, you will never panic. You will, if you're a newbie and invests without guidance or preparation.You can never survive if you panic about cryptocurrency. Well, that's true but you'll learn from that experience when you've panic and realized that it's never good to panic.Title: Re: Don't panic Post by: meves99 on August 15, 2021, 10:46:56 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. What they really feel is that they think this coin will not go up again so they sell it to reduce the risk of loss, as well as meme coins maybe the movement is small for us to buy with a large amount of money that we get. Title: Re: Don't panic Post by: m. yasir on August 15, 2021, 11:50:10 PM Panic becomes a big problem for everyone when we decide to hold or sell when the coin is up or down. not only for beginners, sometimes even old players feel the same panic. In the cryto world anything can happen, you can get big profits or big losses. the key is the experience and analysis you have along with the luck you have.
Title: Re: Don't panic Post by: gabbie2010 on August 16, 2021, 09:23:49 AM Panic becomes a big problem for everyone when we decide to hold or sell when the coin is up or down. not only for beginners, sometimes even old players feel the same panic. In the cryto world anything can happen, you can get big profits or big losses. the key is the experience and analysis you have along with the luck you have. In fact in most newbie in cryptos, panic and how to control emotions is the major obstacle limitating the progress and process of being successful in crypto investment and trading.Once a cryptos hodlers or investor is able to deal with that problem the chances of earning massive profits while hodling a coin for long is bright, although to accomplish or achieve that aim newbie investors needs thorough research and invest on potential coin with a future prospect without panic and persevere with patience even when there is massive dump in the price just like the recently massive drop in prices of cryptocurrencies. Title: Re: Don't panic Post by: freedomgo on August 16, 2021, 08:07:45 PM For ordinary people or beginners, they must panic when the price of cryptocurrency drops. But if you are used to being a trader or investor in crypto assets, things like this are normal. Crypto asset price changes are indeed very fast, sometimes up high and down sharply. This is because pure crypto asset trading is left to the market based on supply and demand. Therefore, always do in-depth research and do financial management before investing in crypto digital assets. Experienced dictates that in a normal trading places things like this are still normal, it's not always you'll going to see your investment to keep growing, correction will take place to form another barriers. Newcomers need to understand and realize that if they don't want to lose their investment, they need to focus and keep learning deeper about the market that they are taking part in. Not only newbies, everyone should think that way as even if we have enough experience already but we don't learn and improve our skills in trading, we will still experience the same faith of the newbies and we will also lose money. For me, trading is not won by luck, it's won by consistency, and it should not be treated as gambling although we gamble to win. Title: Re: Don't panic Post by: GaxviiBuss on August 16, 2021, 10:54:10 PM One just need to get this thing that cryptocurrency is an investment with patients, that any point in time for you to get what you need, you need to exercise patience, many lose their huge fund because is not bring what they except or going below their expectations, one just need to know cryptocurrency is a win-win investment with patients
Title: Re: Don't panic Post by: dunfida on August 16, 2021, 10:59:24 PM One just need to get this thing that cryptocurrency is an investment with patients, that any point in time for you to get what you need, you need to exercise patience, many lose their huge fund because is not bring what they except or going below their expectations, one just need to know cryptocurrency is a win-win investment with patients Patience is something that would mainly be tested out but if you dont have much experience on this market then it is really hard to control off.You do need to deal countless trades before you could able to handle yourself well into this market. Dont panic?This is something that you cant avoid but with proper knowledge and experience,you would able to handle or control yourself specially on emotion aspect. Since you do have the experience towards the market then you are much aware on what would be your possible next move. Title: Re: Don't panic Post by: Tervelatuk on August 16, 2021, 11:37:07 PM One just need to get this thing that cryptocurrency is an investment with patients, that any point in time for you to get what you need, you need to exercise patience, many lose their huge fund because is not bring what they except or going below their expectations, one just need to know cryptocurrency is a win-win investment with patients cryptocurrency was suitable for long term investment as long as we hold good project , no need to worry about price because market always have high volatility.Title: Re: Don't panic Post by: Gayong88 on August 17, 2021, 06:25:12 AM This is natural and normal, this is where the need for TA analysis to see where the market will go along with other supporting data that is deemed necessary. The best solution is if you want to buy crypto, then buy crypto whose price is still below, and buy it in 5 installments so that if it goes down and we can throw it back at the lower price.
Title: Re: Don't panic Post by: bots1 on August 17, 2021, 11:59:34 AM Crypto trading will not be completely free from the various risks of loss that surround it. Therefore, before starting to trade digital currencies, we are advised to consider various things, including choosing an exchange that has the best reputation and is trusted. In addition, it is also recommended to be able to control emotions in trading digital currencies, have a trading plan, risk management system. For that we need to be observant in choosing the assets that we want to buy and trade in our portfolio.
Remember that crypto digital assets are high-risk investment instruments. So always do in-depth research and do financial management before investing in crypto digital assets. Title: Re: Don't panic Post by: Surrapatt on August 17, 2021, 01:32:19 PM cryptocurrency was suitable for long term investment as long as we hold good project , no need to worry about price because market always have high volatility. The issue of price is something that must be seen even though the market is always highly volatile, because the price of new cryptocurrencies does not always stay in big numbers or expensive numbers, so it is worth paying attention to even though there are other points that are more important than that.Title: Re: Don't panic Post by: taufik0911 on August 17, 2021, 02:49:46 PM cryptocurrency was suitable for long term investment as long as we hold good project , no need to worry about price because market always have high volatility. The issue of price is something that must be seen even though the market is always highly volatile, because the price of new cryptocurrencies does not always stay in big numbers or expensive numbers, so it is worth paying attention to even though there are other points that are more important than that.Title: Re: Don't panic Post by: ivankoh on August 17, 2021, 03:11:53 PM Quote but panic plays a very high role and it is true that experience in trading is also needed with good analysis, because if everything has become one unit then you can't think properly and lose money is certain. all are interconnected and cannot stand alone in stressful trading. Panic is the way the user market base deals with high volatility, it always seems to happen that no one is brave enough to learn about risk management. In the end, only you can calculate what you have, what you gain and what you lose. It all comes down to the natural course of panicking. Quote losing money in crypto is not just because of panic, but losing their money because they don't understand how to trade properly. not understanding the market movement also causes you to lose your money. I think like that If forgets the target and takes profit, he or she does not master the knowledge of the trade. For trading, greed will get rekt - similar to market overconsumption short/long positions.Title: Re: Don't panic Post by: Gbniman on August 18, 2021, 08:04:44 PM Panic is always a step every trader always face in market because crypto is always high Risk either the market works on your way or work against you, so the best reason to invest in cryptocurrency is if you truly believe in its long-term potential. If you think it has a bright future, you should be willing to hold onto your investments for as long as possible -- regardless of whatever volatility they may experience in the short term.
Title: Re: Don't panic Post by: nicolas1979 on August 18, 2021, 08:26:39 PM Panic is always a step every trader always face in market because crypto is always high Risk either the market works on your way or work against you, so the best reason to invest in cryptocurrency is if you truly believe in its long-term potential. If you think it has a bright future, you should be willing to hold onto your investments for as long as possible -- regardless of whatever volatility they may experience in the short term. Perhaps one way to retain assets when dumped is to hold or invest long term. But for me, investing in crypto is an amount of money that are prepared to lose. Don't push yourself by investing all of your money in crypto. The dump happens suddenly, maybe we don't have a chance to sell it. Title: Re: Don't panic Post by: albon on August 25, 2021, 03:36:25 PM Yes, everyone should stop panicking, because panic is what makes any investor or trader make wrong decisions. When the market becomes bearish, they lose hope quickly and sell at a loss, and this is what makes any of them get out of the crypto market quickly, Everyone should stay away from panic and trust in the currency that he invested and hold it in the long term so that its future brightens and you take good profits from it.
Title: Re: Don't panic Post by: bitzizzix on August 25, 2021, 04:32:53 PM Panic must exist when prices suddenly drop and if we have experienced it we will learn from experience, especially those who have been in this industry for a long time.
and the panic that is felt has become commonplace and that is the nature of the market that has happened will definitely happen again someday, and this is where we are tested and need patience and calm and intelligence so as not to make wrong decisions. and it's actually quite simple when the market is down you just have to hold it or make a buy and then hold it for the long term. Title: Re: Don't panic Post by: trauchot on August 25, 2021, 04:53:22 PM In the beginning, unfortunately, everyone will panic in cryptocurrency investments, and therefore, at the earliest path, we make a lot of mistakes in cryptocurrency investments, but gradually we make fewer and fewer mistakes and we begin to understand how cryptocurrency investments work and gradually we understand that it is better not to panic in the cryptocurrency sphere because we can lose a lot of our money and, of course, panic also affects our nerves and our health, so we must always carefully choose the cryptocurrency in which we want to invest and it is best to invest in top cryptocurrencies, this is already a proven option.
Title: Re: Don't panic Post by: Wicked17 on August 25, 2021, 04:56:11 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Well experience is the best teacher. Everyone will encounter panic mode in the beginning but once you get use to it you will now starting to be on the right mind. Dump is always part of the game in trading. No one can ever tell, even the most genius person in the world. We just need to get used to it Title: Re: Don't panic Post by: rezasg on August 25, 2021, 05:04:41 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. When a person panics he can not think logically so only a scared users will think that the bitcoin market is controlled by Elon or someone else. If I were them, I would look at the current dip as a great opportunity to buy more of my fave altcoin(s) - yes, it's time to fill in my bag with this amazing coin #Stakenet $XSN.Title: Re: Don't panic Post by: Ridi on August 25, 2021, 05:10:39 PM In the beginning, unfortunately, everyone will panic in cryptocurrency investments, and therefore, at the earliest path, we make a lot of mistakes in cryptocurrency investments, but gradually we make fewer and fewer mistakes and we begin to understand how cryptocurrency investments work and gradually we understand that it is better not to panic in the cryptocurrency sphere because we can lose a lot of our money and, of course, panic also affects our nerves and our health, so we must always carefully choose the cryptocurrency in which we want to invest and it is best to invest in top cryptocurrencies, this is already a proven option. Well said panic is natural it's an emotion but panic do make wrong decision. Don't be panic ask experienced people if any doubts. Title: Re: Don't panic Post by: celot on August 25, 2021, 05:16:12 PM Yes, everyone should stop panicking, because panic is what makes any investor or trader make wrong decisions. When the market becomes bearish, they lose hope quickly and sell at a loss, and this is what makes any of them get out of the crypto market quickly, Everyone should stay away from panic and trust in the currency that he invested and hold it in the long term so that its future brightens and you take good profits from it. Panic is hard to avoid friends. Because we are in a very high risk trade. However, it should not be made into something excessive so that if panic is too deep, it will lead to wrong decisions and big losses. Sometimes in those situations I don't see the market so I don't panic too much.Title: Re: Don't panic Post by: chichigirl on August 26, 2021, 12:36:02 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. This is very true. I also experienced the same thing. Research more and learn first before doing some trading. it is very important to know more about the investment that you make before doing some investment and decision as well. Title: Re: Don't panic Post by: Psynthax on August 26, 2021, 01:03:09 AM Well experience is the best teacher. Everyone will encounter panic mode in the beginning but once you get use to it you will now starting to be on the right mind. Dump is always part of the game in trading. No one can ever tell, even the most genius person in the world. We just need to get used to it And price dumping is not only happening or limited to crypto but to other investment. But it's normal to experience panic when the market is dumping and looks like about to experience huge price decrease but experienced traders are already used to this as you said experience is the best teacher. Even if someone is genius in trading and know what to do when market is dumping, they will still experience panic because its natural.Title: Re: Don't panic Post by: rajakulam on August 26, 2021, 03:00:10 AM Researching the coin he wants to buy is the first thing that must be done before investing in the world of cryptocurrency, and another thing that we often find investors losing their assets is when their greed can't be controlled so they experience very deep losses.
Title: Re: Don't panic Post by: molsewid on August 26, 2021, 03:17:56 AM Patience is something that would mainly be tested out but if you dont have much experience on this market then it is really hard to control off.You do need to deal countless trades before you could able to handle yourself well into this market. Dont panic?This is something that you cant avoid but with proper knowledge and experience,you would able to handle or control yourself specially on emotion aspect. Since you do have the experience towards the market then you are much aware on what would be your possible next move. That's why it is very helpful as a newbie trader to make yourself educated first about trading aspects before you would go and made a decision of taking risk of your money. This just mean that trading is not easy and the trader must ready themselves for any possible scenario that might happen because of the volatility of the market. Keeping a self control out of the dropping market can give you a time to think properly and could give you an essence of having a patience whether you will sell or hold and most especially this kind of scenario will train you to handle the bear market without emotionally affected by the bear market. Title: Re: Don't panic Post by: herizal85 on August 26, 2021, 03:56:12 AM Looks like they're not freaking out, but they would've gotten a little off the top if they sold half of their assets. It's different for people who are prepared to hold back their assets to wait for a high price.
Title: Re: Don't panic Post by: bandungan on August 26, 2021, 04:41:55 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Usually beginners are prone to mass panic. because of FUD or because of non-fundamental issues. someone who has put their money in crypto should be able to be really calm and be able to manage it well so that when faced with any issue, stay calm and assets can be maintained.Title: Re: Don't panic Post by: luca prieto on August 26, 2021, 05:26:09 AM if you want to be calm down,you should hold some coins/NFT which is nearly zero cost like me.
LIGHT-EMIT Project this project is nearly zero cost.you don't need to spend too much money for it.it's safe for us. you can create NFT in this platform. and you can mine LIGHT (token) with NFT. at first,i got 1 light per day,after 3 month,i got 170 light per day. last week,one light is $0.087,now one light is $0.094.i think it has huge potential. you can check their website and white paper. Website:https://emit.technology/ (https://emit.technology/) white paper:https://doi.org/10.31219/osf.io/bymuk (https://doi.org/10.31219/osf.io/bymuk) telegram link:https://t.me/emit_protocol (https://t.me/emit_protocol) Title: Re: Don't panic Post by: Ulvajaya on August 26, 2021, 06:06:58 AM Panic is a big mistake for anyone who jumps into a world of crypto work, if you jump into the world of buying and selling crypto money if it's hard to control your emotions, don't try to jump into that world, because it will be very fatal and you will receive a very large loss later, especially in the trading market, so if you want to make a profit in crypto currency you better focus on that in choosing the right crypto currency and potentially valuable value later
Title: Re: Don't panic Post by: thet on August 26, 2021, 08:47:27 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Indeed! In trading, the most important is do not panic.In every situation do a good decision and think it carefully. Learn how the chart goes and learn from your previous mistakes. Do not panic if the price is too low because it will absolutely go back to its price and much higher. Title: Re: Don't panic Post by: DibiaVxosis on August 26, 2021, 10:07:37 AM I don't blame them for being panic, if bear takes over the market while you are still holding some altcoins you will be forced to hold for years again like 2017 or take your loss and leave, this is why I warned so many against buying at high price, this isn't a time to buy but a time to take profits but many don't see things this way So bad when the pump started earlier a lot of people weren't ready to buy yet some where afraid prices would dump and they end up buying at the top thinking the trend will continue. Another thing I think should be taking into consideration is the new around the crypto industry, after investing they should try as much as possible to pay attention to crypto updates because sometimes the news affects the movement of the market. Title: Re: Don't panic Post by: lepbagong on August 29, 2021, 09:25:06 AM I don't blame them for being panic, if bear takes over the market while you are still holding some altcoins you will be forced to hold for years again like 2017 or take your loss and leave, this is why I warned so many against buying at high price, this isn't a time to buy but a time to take profits but many don't see things this way everyone clearly has a different character and panic, of course, is normal, everyone will definitely experience it, but in crypto it must be avoided and requires patience. but now I see that the events of the end of 2017 will also happen at the end of this year where ATH is formed. buying at a high price is definitely not the best way because it's obviously difficult to get better, but I see that applies to altcoins only, but if you buy bitcoin anytime you will not lose because every time the price will increase from when we bought it. all can be ascertained when every 4 years or also called halving, but it does take a long time to be able to return profits. so it doesn't hurt what our mate think, it can also be done to cut time so that we can quickly return the capital and can get a profit. So bad when the pump started earlier a lot of people weren't ready to buy yet some where afraid prices would dump and they end up buying at the top thinking the trend will continue. Another thing I think should be taking into consideration is the new around the crypto industry, after investing they should try as much as possible to pay attention to crypto updates because sometimes the news affects the movement of the market. if the matter of falling prices is a common thing, but if we do not panic and are patient and want to analyze well then we are able to control not to make mistakes that actually worsen the situation.obviously any news related to crypto issues will affect, good or bad news is very possible, many can not be patient and quickly panic to make steps that actually worsen the market situation. if we hold bitcoin, of course there is no need to be afraid of a decline because one day bitcoin will increase again and create renewable ATH, but for altcoins we must be smart to analyze well and see market movements. Title: Re: Don't panic Post by: Ronzybloch on August 29, 2021, 05:57:26 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Crpto has only one rule that is patience , if you have a patience in crpto than you will achive your goal one day, never be panic , safe your money and take good decison , before going to buy a coin , discuss it here for beter knowledge Title: Re: Don't panic Post by: Golftech on August 29, 2021, 06:39:12 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Indeed! In trading, the most important is do not panic.In every situation do a good decision and think it carefully. Learn how the chart goes and learn from your previous mistakes. Do not panic if the price is too low because it will absolutely go back to its price and much higher. Embrace and understand there's value on why things happened, once you learn how to manage your emotion in the long run there are many benefits, investing to something that you are aware makes you more comfortable and lesser the chance of doing mistake panicking with some events that happened inside the market. Title: Re: Don't panic Post by: ranaprime on August 29, 2021, 06:41:47 PM Cryptocurrency platform is field of intelligent player. Here Panic is a world that is negative in the platform. Normally Panic buying is a type of behavior marked by a rapid increase in purchase volume, typically causing the price of a good or security to increase. Panic buying may also occur by consumers in an economy who fear that rapid inflation will erode the buying power of their money and so make excessive purchases, driving prices even higher. Everything are harmful if you are buying or selling your assets Panickly.
Title: Re: Don't panic Post by: H1N1 on August 30, 2021, 04:47:00 AM Looks like they're not freaking out, but they would've gotten a little off the top if they sold half of their assets. It's different for people who are prepared to hold back their assets to wait for a high price. Some people were freaking out because they have huge assets on their portfolio. The more you have, the more you loss if the price going down, even only a little bit. To play safe, huge holders often sell their coins to cut their loss. Huge volume on sells make us think that there are some panic selling, but actually that is not panic selling. Title: Re: Don't panic Post by: Jolankaa on August 30, 2021, 08:15:33 AM Here's a great article with tips for crypto investors, I highly recommend checking it out ::) https://blockster.com/blockdesk/1382_best-advice-for-crypto-investors-don-t-rely-on-the-ignorance-of-others
Title: Re: Don't panic Post by: adibi12 on August 30, 2021, 03:15:09 PM Those who are lost and panicked because he is only too focused on profit or too lust, but do not learn about market price movements, it takes good analysis to be able to take the right opportunity, do the right research and follow the information well, then if that is the case right, then take action.
Title: Re: Don't panic Post by: livingfree on August 30, 2021, 11:32:07 PM Those who are lost and panicked because he is only too focused on profit or too lust, but do not learn about market price movements, it takes good analysis to be able to take the right opportunity, do the right research and follow the information well, then if that is the case right, then take action. Panicking isn't the best choice when you're dealing with the market.It will make you lose a lot if you're not too keen with your trading and investing positions. The matter of it is important to be calm at all times whether the market has been too bad. And you only see downsides of the charts. Title: Re: Don't panic Post by: freedomgo on September 03, 2021, 08:19:38 AM Crpto has only one rule that is patience , if you have a patience in crpto than you will achive your goal one day, never be panic , safe your money and take good decison , before going to buy a coin , discuss it here for beter knowledge not really. although patience is the key, but in crypto world, just being patient is not enough. Another thing you need to do is choose the right token or coin. quite a lot of people are patient when they have bought a coin. but the coins they buy are junk coins whose prices keep dropping, and have no adoption rate.however, if you choose a top coin like the top 10 coins in CMC, all you need to do is be patient for it. however, the only thing you need to analyze is time, because the timing of buying will affect how long your patience lasts. Hold or patience is not the first step to do when investing, of course, you need to choose the most potential coin to hold and that would only be possible if you do some research and ensure that you also learn how to diversify the risk. There are a lot of opportunities to gain big profit when investing, but the risk is high as well, but you can always minimize the risk if you have enough knowledge, you don't just go all in like gambling, do the calculated risk. Title: Re: Don't panic Post by: Stunzz on September 03, 2021, 10:17:01 AM Yeah it's better for everyone to DYOR and while doing, pay close attention and mind to it so you don't miss out the important and key points that would come back to hunt you down after investing. Research is tend to be the key to everything, understand that basic and you'll do just fine in your investment.
Title: Re: Don't panic Post by: midaslordes on September 03, 2021, 10:33:11 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Indeed these people are called weakhands because every time they saw that the market falls down they tend to do panic selling even if they lose on it because they thought that their money will goes to zero value but I suggest that every time you see that the market goes down don't panic sell but instead stay compose and be calm and wait for the perfect timing to sell and get a good amount of profit.Title: Re: Don't panic Post by: BobK71 on September 05, 2021, 02:30:37 AM Usually when a person panic buys or sells he thinks that the market seems to be out of his range or if he sell or buy something at that time he will be able to get a big amount profit. But this is the biggest mistake in the crypto market. Because if the market rises today, it will fall tomorrow, but this knowledge does not appear for a while when the investor be panic. So once you get rid of it, you have to do nothing but control yourself.
Title: Re: Don't panic Post by: hidingyou on September 05, 2021, 03:26:31 AM It's all FOMO. Many people think they can earn ''that'' amount of money in a short time. slow and sure investment is a must, It takes time to research the project you are on so you
won't waste your time and money. slow but with compounding is the way. Title: Re: Don't panic Post by: kbhutto on September 05, 2021, 04:03:42 AM Actually, those who lose money in crypto are not because of panic alone but because of a lack of analysis in choosing the coins they want to invest in, so that after being invested suddenly the market price changes down so they lose a lot of money in the wrong investment, and it is true that there are also many losses for investors. because of the lack of waiting for the crypto market movement so he doesn't realize that he has made a sudden buy or sell so that after the market changes, goes up or down then there is regret for lack of patience
Title: Re: Don't panic Post by: Gayong88 on September 05, 2021, 04:07:58 AM In my opinion, this is a common thing and very vulnerable to happen even though many suggestions and analyzes are presented. what we have to do is take care of your money, and wisely look at the market conditions. because the initial purpose of investing is to increase profits, not reduce the value of our financial estimates. So, as much as possible buy at a low price and indirectly make us a financial winner in this money market.
Title: Re: Don't panic Post by: rozak on September 05, 2021, 04:13:00 AM In my opinion, this is a common thing and very vulnerable to happen even though many suggestions and analyzes are presented. what we have to do is take care of your money, and wisely look at the market conditions. because the initial purpose of investing is to increase profits, not reduce the value of our financial estimates. So, as much as possible buy at a low price and indirectly make us a financial winner in this money market. buying at a low price but still feeling panicky when you see the market moving dynamically will also result in a bad investment.Although panic is commonplace, as much as possible you are quick to overcome it. because if not then there will be no progress that you can get. both from skill also related to your finances. Title: Re: Don't panic Post by: pauloaragaomelo on September 05, 2021, 04:20:26 AM Actually, those who lose money in crypto are not because of panic alone but because of a lack of analysis in choosing the coins they want to invest in, so that after being invested suddenly the market price changes down so they lose a lot of money in the wrong investment, and it is true that there are also many losses for investors. because of the lack of waiting for the crypto market movement so he doesn't realize that he has made a sudden buy or sell so that after the market changes, goes up or down then there is regret for lack of patience Many new investors don't have good analytical knowledge so they just follow the flow of profits from tokens traded by other investors, then he buys them without considering any risk and when market conditions change then he will throw his tokens at the market correction price, which is important to pay attention to that greed control is the solution to avoid panic when your predictions become inaccurate due to market movements.Title: Re: Don't panic Post by: Jercyhora2 on September 05, 2021, 04:28:10 AM - They use leverages uncontrolleable and were liquidated. This is the most common reason nowadays while people in cryptocurrency world lose money. Newbie wants to a fast phase earning that's why they are already gambling on leverage trading with high leverage just to earn quickly. The problem on this High leverage trading was the price movement on crypto is very volatile, You might in profit for a seconds then burn it all once the market reverse instantly. This is what newbie traders don't understand when doing leverage trading. I agree with this, because of the desire to earn big in the short term, they think of raising leverages without knowing enough. Being greedy contributes a lot to why people lose. That is actually very difficult to control, especially with the sudden movement of each price of their holdings or trades. Title: Re: Don't panic Post by: mumang siat on September 05, 2021, 04:53:02 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Panic is very close to destruction, at least that's what we often hear people say, panic will not be able to control emotions, so decisions taken are not based on good and right thinking, that's why panic is very close to destruction, the crypto world requires the most analysis and thinking fundamental to minimize any risk that will occur, that's why knowledge is needed here, if panic can't be controlled, then any investment will not give us any results. Title: Re: Don't panic Post by: Wong Gendheng on September 05, 2021, 04:53:11 AM In my opinion, this is a common thing and very vulnerable to happen even though many suggestions and analyzes are presented. what we have to do is take care of your money, and wisely look at the market conditions. because the initial purpose of investing is to increase profits, not reduce the value of our financial estimates. So, as much as possible buy at a low price and indirectly make us a financial winner in this money market. buying at a low price but still feeling panicky when you see the market moving dynamically will also result in a bad investment.Although panic is commonplace, as much as possible you are quick to overcome it. because if not then there will be no progress that you can get. both from skill also related to your finances. Panic will make us regret and lose money, when investing in cryptocurrencies we have to do an analysis first, if it looks convincing then we have to be patient to wait, rest assured with patience we can get big profits. Title: Re: Don't panic Post by: Mamun74 on September 05, 2021, 05:48:49 AM I think, Panic makes us money loses.When you have to start trading or investing or holding then you need to more patience. Cz patience is key for every single trade or holding. If you can’t control your emotion to trade then you can lose money.You need to patience and you can get good profit in future.
Title: Re: Don't panic Post by: Banulit on September 05, 2021, 06:37:56 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Indeed, one of the golden rule in cryptocurrencies especially for newbies is do research first before investing to it. Also, if you are a newbie crypto enthusiast try to invest first to cryptos that is well-known and you are familiar with to minimize the risk.Title: Re: Don't panic Post by: CapGelatik on September 05, 2021, 09:32:45 AM I think, Panic makes us money loses.When you have to start trading or investing or holding then you need to more patience. Cz patience is key for every single trade or holding. If you can’t control your emotion to trade then you can lose money.You need to patience and you can get good profit in future. When we panic our mind can't concentrate and sometimes make decisions that appear at the same time become inappropriate,in trading and investing patience is very important and has a big role, not everyone has patience and we have to practice it Title: Re: Don't panic Post by: adiebitsler on September 05, 2021, 02:02:37 PM I think, Panic makes us money loses.When you have to start trading or investing or holding then you need to more patience. Cz patience is key for every single trade or holding. If you can’t control your emotion to trade then you can lose money.You need to patience and you can get good profit in future. CZ's advice is indeed very good and good because he has always been able to make profit through his patience in the past and also at this time, I often read all the tweets made by CZ and the average of his words are very good motivation and very constructive advice.Title: Re: Don't panic Post by: Oluwabunmi21 on September 05, 2021, 02:17:43 PM You are right my guy, one of the major that amek people loose money most is panic, though it has happened to me before, sell anyhow due to pinch drop in pricey,. before I later realize am losing money.
Title: Re: Don't panic Post by: Hasan986 on September 05, 2021, 08:03:17 PM Now is the time to pump anytime or dump anytime. In case of sudden dump, do not panic and do tight hold. Since the market is several times higher than before. So the market can take a correction. At this time it cannot be sold as panic.
Title: Re: Don't panic Post by: BayAngelo on September 05, 2021, 09:55:14 PM As a newbie, it is part of the learning process. there must be signs of panic sometimes and you will make trades that either benefit you or gets you angry. price go up after you sold out or price went down after you have aped in. this is part of the trading learning process. one thing that i have learnt so much is the price will always go up on the long term but will fluctuate to shake off the weak ones.
Title: Re: Don't panic Post by: TastyChillySauce00 on September 06, 2021, 03:33:39 AM buying at a low price but still feeling panicky when you see the market moving dynamically will also result in a bad investment. Investing at a low price will give us better chance to make profit, even if the later decision in trading isn't great because the market is moving at such unpredictable way but if we are doing the investment at the market dip or when there was panic selling and could give huge discount in price, the investment will have huge chance of still in profit because it was invested at low price when it's already losing portion of its value due to the dump or because of the panic selling created by other traders.Although panic is commonplace, as much as possible you are quick to overcome it. because if not then there will be no progress that you can get. both from skill also related to your finances. That's why many people who are already experienced trader could say that timing in the market is one of the most important in trading because it save many traders from losing a lot because of the price movement. Title: Re: Don't panic Post by: Pom_bensin on September 06, 2021, 04:11:47 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. usually those who are caught in a panic sell are beginners. they do not analyze market movements well, and do not have good management. As an investor, you should really have good strength to be able to be used as a defense in dealing with any issues. do an analysis every time there is an issue so you don't get stuck in the same mistakeTitle: Re: Don't panic Post by: m.rifki on September 13, 2021, 11:59:52 PM Now is the time to pump anytime or dump anytime. In case of sudden dump, do not panic and do tight hold. Since the market is several times higher than before. So the market can take a correction. At this time it cannot be sold as panic. Yes, panic will only harm us, whatever it is if it is based on emotions and panic will not end well, stay relaxed and observe market conditions with various opportunities to make profits, I am sure there will be a big pump after a deep decline. Title: Re: Don't panic Post by: arbifahrozy on September 14, 2021, 08:35:03 AM This is crypto and it has huge fluctuations but if you hold on you will get your money back. Idk what you’re invested in but do yourself a favor and look at the prices last year of your favorites - now isn’t that better? Now stop worrying and buy some more!!!
Title: Re: Don't panic Post by: raidarksword on September 14, 2021, 11:17:59 AM newbies on crypto were always be the victim of this panic scenario and they easily got FUD and easily weak handed people that's why they were the first to lose lots of money in the industry. That's why experience will always be the best teacher for a newbie to be able to withstand negative news and be a diamond hands in the end no matter what FUD there is.
Title: Re: Don't panic Post by: gooders on September 15, 2021, 05:24:46 AM There is a difference between futures trading and margin trading. It is better to read on binance there is a completely different principle, you must first borrow from the exchange, then after closing the deal, do not forget to give it back, etc.
Binance has a Russian-language textbook. In general, before you go into deals with leverage, you need to thoroughly understand how it works for yourself. Otherwise - a week maximum 1 month and there will be zero from the depot. Title: Re: Don't panic Post by: Slon55koz on September 15, 2021, 12:28:21 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. usually those who are caught in a panic sell are beginners. they do not analyze market movements well, and do not have good management. As an investor, you should really have good strength to be able to be used as a defense in dealing with any issues. do an analysis every time there is an issue so you don't get stuck in the same mistakeTitle: Re: Don't panic Post by: globalpain on September 15, 2021, 01:17:14 PM Panic is a bad trait and makes us regret, an investor must be able to control himself so he doesn't panic when he sees the market situation, the best way to avoid panic is to focus on goals, if we invest in top coins then we must be sure that the price will recover soon. To be honest for me personally it is not easy to avoid panic when we see that the market situation or condition is not good,but indeed we must learn at least to manage and control ourselves, besides panic can also make us lose money so don't ignore it Title: Re: Don't panic Post by: TWW on September 15, 2021, 01:31:25 PM Panic is a bad trait and makes us regret, an investor must be able to control himself so he doesn't panic when he sees the market situation, the best way to avoid panic is to focus on goals, if we invest in top coins then we must be sure that the price will recover soon. To be honest for me personally it is not easy to avoid panic when we see that the market situation or condition is not good,but indeed we must learn at least to manage and control ourselves, besides panic can also make us lose money so don't ignore it clearly, it is detrimental, therefore we must immediately be able to control our emotions. Title: Re: Don't panic Post by: andriarto on September 15, 2021, 02:09:00 PM Panic is a bad trait and makes us regret, an investor must be able to control himself so he doesn't panic when he sees the market situation, the best way to avoid panic is to focus on goals, if we invest in top coins then we must be sure that the price will recover soon. To be honest for me personally it is not easy to avoid panic when we see that the market situation or condition is not good,but indeed we must learn at least to manage and control ourselves, besides panic can also make us lose money so don't ignore it clearly, it is detrimental, therefore we must immediately be able to control our emotions. Title: Re: Don't panic Post by: ttcsalam on September 15, 2021, 02:20:22 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. I think if anybody doesn't buy shit coin then no chance to lose cause shit coin don't pump but if buy own block chin base coin or uptrend base coin no chance to loss if price dump but it will pump today or tomorrow so don't panic sell and don't buy shit coin plz if you want to lose.Title: Re: Don't panic Post by: nemey on September 15, 2021, 02:44:23 PM I agree with you because buying and selling crypto assets can be said to be more difficult than traditional assets and stocks. Because of the high volatility and risk involved. So it takes proper planning and execution in order to gain profits.
Having a detailed trading plan or trading plan even before making a trade is very important. Because it can help avoid psychological factors such as emotions or logical fallacies that can affect trading performance. That way, it can be ensured that decisions are not made in the heat of asset movement. Title: Re: Don't panic Post by: MIner1448 on September 15, 2021, 02:48:08 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Panic is already due to certain errors of a crypto enthusiast, for example, a beginner in this business, a confident trader never panics and enters into a deal with a complete analysis of the situation and with a cool head, I always panicked when the coin went down sharply rapidly, but with experience I understood from the charts or according to the analysis that after a while I was catching pumps and making money.Title: Re: Don't panic Post by: Lubang Bawah on September 15, 2021, 02:48:50 PM Panic is something that will make us disappointed, we must be able to control ourselves so as not to panic, today when I checked some of the tokens I bought a month ago they dropped almost 40% but I have to focus on the goal, which is to make a profit so I won't sell it though I lost 40%.
Title: Re: Don't panic Post by: H1N1 on September 16, 2021, 01:59:06 AM Panic is something that will make us disappointed, we must be able to control ourselves so as not to panic, today when I checked some of the tokens I bought a month ago they dropped almost 40% but I have to focus on the goal, which is to make a profit so I won't sell it though I lost 40%. 40% in drop actually can make some people panic, especially they who bought with a big amount. For example if we bought $100k in coin, then we would have a loss around $40k because our coin dropped 40%. Panic won't give any solution, the opposite, it will bring more problems because our decision can be affected by our emotion. Title: Re: Don't panic Post by: bison on September 16, 2021, 03:22:27 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. The highly volatile Crypto market is very risky for those beginners who carelessly buy coins without doing a research, it will only cause panic when there is a decline like some time ago, it causes a lot of panic selling that occurs, when deciding to invest we must really be careful. really know what will be our assets but in the process of waiting we should not get carried away with emotions, calm down and observe. Title: Re: Don't panic Post by: gooders on September 16, 2021, 05:09:10 AM Big investors work with big money. When an investor needs to get into a pose or merge at a good price, he turns to the desk, and he is already working with the exchanges, professional traders are sitting there, the videos even here were like Asians, like the Asians at their computers, drop the cue ball on September 7th.
Title: Re: Don't panic Post by: freedomgo on September 16, 2021, 01:37:07 PM Panic occurs there are several reasons in crypto especially for beginners when there is a big correction occurs then all coins will be sold, I think they are not wrong, only circumstances that make us panic unconsciously we warn others without us realizing we are caught in a red line in the market, panic that has happened is a lesson for us not to lose money in crypto. Newbies are vulnerable to that, it usually happens during the bull season as they love to jump in the market despite the timing is very bullish, so when there's a correction, they usually get easily affected. When newbies thinks like newbies, they seem to make a decision based on their emotion, and that is not wrong, the result will be, either they'll lose their interest or they'll learn from their mistakes. Title: Re: Don't panic Post by: Slon55koz on September 16, 2021, 02:33:34 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. The highly volatile Crypto market is very risky for those beginners who carelessly buy coins without doing a research, it will only cause panic when there is a decline like some time ago, it causes a lot of panic selling that occurs, when deciding to invest we must really be careful. really know what will be our assets but in the process of waiting we should not get carried away with emotions, calm down and observe. Panic moods in the market are very dangerous, especially for beginners. I see how many of them give in to panic and begin to take those actions that cause profit losses. This is very dangerous because not only a person loses money, he also loses faith in himself and in his future in the cryptocurrency market. Only calmness and confident decision-making will help people who came to the cryptocurrency market for success and profit to avoid critical mistakes that do not allow them to realize their huge potential. Title: Re: Don't panic Post by: bison on September 16, 2021, 03:14:44 PM Panic moods in the market are very dangerous, especially for beginners. I see how many of them give in to panic and begin to take those actions that cause profit losses. This is very dangerous because not only a person loses money, he also loses faith in himself and in his future in the cryptocurrency market. Only calmness and confident decision-making will help people who came to the cryptocurrency market for success and profit to avoid critical mistakes that do not allow them to realize their huge potential. Peace will only be obtained if someone really knows what they are buying, for beginners who just follow the trend without doing research the longer it will only lose their confidence because they are faced with very volatile charts in the crypto market, need further learning for those who experience panic, in order to obtain the possibility and be wiser in responding to market conditions. Title: Re: Don't panic Post by: coiner-88 on September 16, 2021, 03:59:41 PM They smell hazard however they acknowledge hazard and they are promptly to bet. They use influences wildly and were exchanged. Beginner needs to a quick stage procuring that is the reason they are now betting on influence exchanging with high influence just to acquire rapidly. The issue on this High influence exchanging was the value development on crypto is extremely unstable, You may in benefit for a seconds then, at that point consume it all once the market turn around quickly.
Title: Re: Don't panic Post by: Benefactor on September 16, 2021, 04:16:15 PM The issue on this High influence exchanging was the value development on crypto is exceptionally unstable, You may in benefit for a seconds then, at that point consume it all once the market turn around in a flash. They see crypto as a simple method to cash out, an easy money scam, which is mistaken really. They bet everything and afterward are caught on the grounds that most occasions they put resources into crappy tasks that at last. The other thing that merchant need to believe is the means by which they can take benefit while the cost increment.
Title: Re: Don't panic Post by: lepbagong on September 19, 2021, 03:19:50 AM Panic occurs there are several reasons in crypto especially for beginners when there is a big correction occurs then all coins will be sold, I think they are not wrong, only circumstances that make us panic unconsciously we warn others without us realizing we are caught in a red line in the market, panic that has happened is a lesson for us not to lose money in crypto. If the situation is indeed red, we cannot say that panic is only for beginners but experienced ones will also experience it and that is a natural thing. the difference is that the panic of beginners is true that they will immediately make a sale without looking and analyzing it again. but it will not happen to those who have experience, because they will analyze it before taking action, so that the loss will be muted so as not to lose too much.Newbies are vulnerable to that, it usually happens during the bull season as they love to jump in the market despite the timing is very bullish, so when there's a correction, they usually get easily affected. When newbies thinks like newbies, they seem to make a decision based on their emotion, and that is not wrong, the result will be, either they'll lose their interest or they'll learn from their mistakes. all beginners are certainly right to do that and we have to understand because the situation experienced is probably the first time and as a beginner will take actions that can result in losses for him. but it must be remembered that all have experienced like this and it's only natural.but mistakes are knowledge that can be used for the future not to do it again, let it make a very meaningful learning. Title: Re: Don't panic Post by: Coin BTC on September 19, 2021, 09:47:52 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. If they are traders who have been acquainted with crypto for a long time, they will not panic when they see the market being dumped. Because we have learned from the experience of previous years. Maybe new traders, they need special guidance in the context of trading. But I often lose because of basic needs that must be met. Because I do not have special capital for trading. I'm only looking for opportunities from a small portion of the assets I currently have. Title: Re: Don't panic Post by: MiF on September 19, 2021, 10:06:28 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Some people are losing money in crypto because they don't have a strong hand to hold, they easily becone panic when they saw the market is bloody and start selling at loss. It is written by some expert here that we will not loss if we don't sell at loss,but still there are a lot of hard headed trader that always sell at loss and those trader is the small trader or newbies, because if you are a small trader you only used a small amount of capital or you can't afford to buy big amount of tokens those traders is always afraid to loss because they only have a small amount of capital, while big trader is the trader that is already rich or millionaire and they are not afraid to loss that is why they earn a big amount of profit. Because they have a lot of money that they can used anywhere for their expenses or in everyday needs and I am sure they can purchase token and forget it for a year, I think everyone status has also a big effect on losing because of selling at loss. Title: Re: Don't panic Post by: elisabetheva on September 20, 2021, 08:23:06 AM we can't blame that most people want to make a profit from as much as possible not doing things that are not difficult, of course they will invest in bitcoin. but sometimes they already know that putting money in bitcoin investments will certainly be safe, but when they see a red situation and are corrected they are carried away by excessive panic and make the wrong move by selling the investment with the aim of not losing too much, even though that is actually wrong.
Bitcoin investment will always be profitable for the long term, namely during the halving period (4 years). Excessive panic is natural but they must learn about this in more depth and analyze and see from the experience that has happened. Bitcoin investment is guaranteed to be safe other than you are investing in altcoins that may disappear from the stock market. Title: Re: Don't panic Post by: BD Crypto on September 20, 2021, 01:32:43 PM Actually you are right and we really should not panic in trading. But when market is being manipulated by whales then holding our funds will be the worst decision in trading.So I will advise to all traders to use stop loss function in every trading.That will help you a lot in trading.
Because losing a small asset is better than losing all. So we should make analysis before placing any order and should use stop loss always and its mandatory for new traders. Title: Re: Don't panic Post by: bison on September 20, 2021, 02:57:54 PM The stop loss menu is good for preventing big losses, I like to use a maximum stop loss of 20% from the latest price, with a lot of trying we will get used to facing difficult things so we don't panic when the price drops, especially this is a crypto whose prices are difficult to predict. This is the easiest way to anticipate bigger losses, especially for those who don't have time to watch the market all the time, whether he is a beginner or someone who has been trading in the crypto market for a long time. The use of the stop loss menu at 20% is considered too large, maybe beginners can reduce that value, because for beginners a 20% loss will definitely be felt, but it all comes back to our ability to compromise the losses we will get. Title: Re: Don't panic Post by: Slon55koz on September 20, 2021, 03:08:02 PM the fact is that majority just want to make money but dont want to work for it. many just follow hypes coins and news and thrown in money which they usually lose on them. not pannicking means that you have done enough research and ready to go through thick and thin to make profit. investment is risky and has a part where you will encounter loses also, so dont get carried by profit making vibers on social media without any loses. In order to earn good money, you need to have a lot of knowledge and experience about the cryptocurrency market. At the same time, you should always understand that nothing can be done just like that. Working in the market is very difficult and only being in peace can you become successful. Gradual steps to success that are accompanied by experience and knowledge are much better than a quick flight and an equally quick fall. Title: Re: Don't panic Post by: Sayeds56 on September 20, 2021, 04:04:50 PM Panic is a bad trait and makes us regret, an investor must be able to control himself so he doesn't panic when he sees the market situation, the best way to avoid panic is to focus on goals, if we invest in top coins then we must be sure that the price will recover soon. To be honest for me personally it is not easy to avoid panic when we see that the market situation or condition is not good,but indeed we must learn at least to manage and control ourselves, besides panic can also make us lose money so don't ignore it It is quite natural to be upset when you see your portfolio worth declining sharply. The best strategy which most of Professional adopt is to decide , how much loss can I bear if market goes against my trade before we take any long or short position because nobody can correctly predict the market over a period of time because markets are very volatile and not easy to predict next move of the market. Title: Re: Don't panic Post by: lousie9 on September 20, 2021, 11:01:20 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. The main thing when we are going to invest in Crypto is knowledge of the existing systems in the Crypto world and some existing assets but we also need to build confidence and mentality because when we do something related to money, our mentality will be very strong. test and if we panic quickly then what happens we will continue to lose when trading or investing in Crypto then mentality is also very important when we invest.Title: Re: Don't panic Post by: chichigirl on September 20, 2021, 11:34:15 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Indeed! you are correct. Our money is important so do the right thing and research first. You are taking some risk in trading but losses can be minimize when we do some research first before doing an investment. Learn also how to manage your investment in crypto when it comes to the sudden change of price. It is important to learn how to observe the changes and the most important is..do not panic. Title: Re: Don't panic Post by: donaldlloyd on September 21, 2021, 05:57:10 AM Panic sell has become a huge problem in the crypto space. I can't believe how traders can accept losses and not wait for the market to rise. In the crypto market you don't lose your money unless you sell it at a loss.
Title: Re: Don't panic Post by: desticy on September 21, 2021, 05:08:05 PM First you need to understand why exactly people panic. I don't think everyone knows what he wants to do, when trading cryptocurrencies that I know they often panic because they see the price of coins on the exchange collapse instantly and make them panic because they are stuck at high prices, I think that's a natural thing because human nature is like that.It's simple, they panic because they don't know what to do. People start to panic when they see that their expectations look like red candles on the chart and they don't know what to do about it. Someone runs to sell and shouts that they will do it, the rest follow his example because they do not know what to do. As you said, if a person does not understand why he is doing certain actions in trading, this will not lead to anything good. People panic because they do not know how to act in an unusual situation for them. For the example you described, there is such a tool as stop loss. Title: Re: Don't panic Post by: gooders on September 22, 2021, 07:25:49 AM If the falls are smooth, then the people will remain with the deposit, and so they gave a clean Fomo setup, where people begin to see what they want in TA and shave, let's see what happens to the fund, logically everything should be fast and painful according to the classics, keep the short men farther)
Title: Re: Don't panic Post by: SoeNan89 on September 22, 2021, 08:30:46 AM People are selling in panic because they are not prepared for this if they are new and often they spending money they can't afford to lose. They think about profit and don't considering the fact that price can go down. Only people who are experienced in the field of cryptocurrencies can deal with the problem of the market going down drastically. Because if they predict from the technical and fundamental side. They can still take profits even if the coin price drops. Those who are experienced will definitely make a profit by placing a short long. Title: Re: Don't panic Post by: Rimueng on September 22, 2021, 09:26:49 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Even though the market is falling, don't panic and be afraid but still do technical analysis by looking at short and long-term trends through price charts. The purpose of technical analysis is to understand the sentiments and significant trends in the market so that you can determine the right time to sell crypto assets and not get carried away by FUD and FOMO.Title: Re: Don't panic Post by: Rimueng on September 22, 2021, 09:47:47 AM the fact is that majority just want to make money but dont want to work for it. many just follow hypes coins and news and thrown in money which they usually lose on them. not pannicking means that you have done enough research and ready to go through thick and thin to make profit. investment is risky and has a part where you will encounter loses also, so dont get carried by profit making vibers on social media without any loses. In order to earn good money, you need to have a lot of knowledge and experience about the cryptocurrency market. At the same time, you should always understand that nothing can be done just like that. Working in the market is very difficult and only being in peace can you become successful. Gradual steps to success that are accompanied by experience and knowledge are much better than a quick flight and an equally quick fall. Right, I agree with you. One of the things to do during market turmoil is to avoid checking your own investments. Because this can trigger the emergence of temporary emotions that lead to wrong decision-making. For example, make a purchase at the wrong time. Title: Re: Don't panic Post by: Ngewex Yuk on September 22, 2021, 10:33:38 AM the fact is that majority just want to make money but dont want to work for it. many just follow hypes coins and news and thrown in money which they usually lose on them. not pannicking means that you have done enough research and ready to go through thick and thin to make profit. investment is risky and has a part where you will encounter loses also, so dont get carried by profit making vibers on social media without any loses. In order to earn good money, you need to have a lot of knowledge and experience about the cryptocurrency market. At the same time, you should always understand that nothing can be done just like that. Working in the market is very difficult and only being in peace can you become successful. Gradual steps to success that are accompanied by experience and knowledge are much better than a quick flight and an equally quick fall. Right, I agree with you. One of the things to do during market turmoil is to avoid checking your own investments. Because this can trigger the emergence of temporary emotions that lead to wrong decision-making. For example, make a purchase at the wrong time. The cryptocurrencies market is always volatile, because the market is currently down so the best way is to immediately switch to a fixed value coin such as BUSD or USDT, many predictions believe the market will move down and maybe the bitcoin price could be below $40k. Title: Re: Don't panic Post by: cryptobrzy on September 22, 2021, 05:20:20 PM Most people panic sell because they dont know what they are doing… most people get into because of the hype and dont learn the basics before actually investing ; most buy at a high and when the market changes then they see they made a mistake and would probably want to sell off time in order not to lose all the money they invested
Title: Re: Don't panic Post by: Alf_m.h on September 22, 2021, 05:26:35 PM the fact is that majority just want to make money but dont want to work for it. many just follow hypes coins and news and thrown in money which they usually lose on them. not pannicking means that you have done enough research and ready to go through thick and thin to make profit. investment is risky and has a part where you will encounter loses also, so dont get carried by profit making vibers on social media without any loses. In order to earn good money, you need to have a lot of knowledge and experience about the cryptocurrency market. At the same time, you should always understand that nothing can be done just like that. Working in the market is very difficult and only being in peace can you become successful. Gradual steps to success that are accompanied by experience and knowledge are much better than a quick flight and an equally quick fall. Right, I agree with you. One of the things to do during market turmoil is to avoid checking your own investments. Because this can trigger the emergence of temporary emotions that lead to wrong decision-making. For example, make a purchase at the wrong time. The cryptocurrencies market is always volatile, because the market is currently down so the best way is to immediately switch to a fixed value coin such as BUSD or USDT, many predictions believe the market will move down and maybe the bitcoin price could be below $40k. Title: Re: Don't panic Post by: MaiQwaN on September 22, 2021, 06:18:38 PM Many people start investing in cryptocurrencies thinking that here they can get rich quickly without making any effort. It happens that, without experience and knowledge, beginners enter the market at the very peak of the price. Therefore, the very first correction can cause panic and a passionate desire to save their investments. Fear is a normal human sense of self-preservation, but only experienced investors know how to manage it.
Title: Re: Don't panic Post by: Almasani on September 22, 2021, 09:59:11 PM Most people panic sell because they dont know what they are doing… most people get into because of the hype and dont learn the basics before actually investing ; most buy at a high and when the market changes then they see they made a mistake and would probably want to sell off time in order not to lose all the money they invested Selling assets during a dump market will only make us continue to lose. Because the market will also increase suddenly. But short-term trades need to be made to increase the number of assets when the market is in the red. So that when the pump starts, we have sufficient assets, and the resulting profit will increase even though the price is not the same as before. Learn, and be positive thinking that the market will return to a higher level. Title: Re: Don't panic Post by: MaDeidre on September 23, 2021, 05:59:59 AM Sometimes selling in a decline is just to reduce losses. Many coins will die in the fall. Not all coins can rise quickly after falling. You can trust some top-ranked coins such as Bitcoin and Ethereum. Analyze market trends before every investment. Panic selling mostly exists among novices. However, some people believe that FUD affects judgment.
Title: Re: Don't panic Post by: gooders on September 23, 2021, 08:54:00 AM Perhaps we are going to the point of crossing 37400 to check if someone large has entered the 44000 range to avoid this option, I would like to bargain for a couple of days above the support
Title: Re: Don't panic Post by: A BLackPearl on September 23, 2021, 09:58:18 AM Panic is common among novices. Some novices are impatient and don't believe in the coin of their choice. After you have studied the market, it is normal for prices to fall. Don't be afraid of the sharp drop in prices, keep a good attitude.
Title: Re: Don't panic Post by: mulia sabee on September 23, 2021, 10:01:15 AM Sometimes they can't control their emotions, just like China's policies are introduced one after another. Most Chinese crypto enthusiasts will choose to sell their tokens. News in their own country will make them more psychologically affected and pressured. Chinese miners also choose to move out of China, so they need to be psychologically prepared for unpredictable situations in the market.
Title: Re: Don't panic Post by: pjwaffle on September 23, 2021, 10:04:29 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Most of the new members want to reach the quick money stage thats why they bet on high leverage trading just to make quick money. The problem with this high leverage trading is that cryptocurrency price movements are very volatile. But losers are always eager to sell when prices drop suddenly. and give up easily, everyone has experienced losses in the cryptocurrency market. But the people who succeed are the ones who come back from failure. To be an experienced investor, I think we should all practice patience and learn to control our emotions.Title: Re: Don't panic Post by: freedomgo on September 23, 2021, 01:08:26 PM Sometimes they can't control their emotions, just like China's policies are introduced one after another. Most Chinese crypto enthusiasts will choose to sell their tokens. News in their own country will make them more psychologically affected and pressured. Chinese miners also choose to move out of China, so they need to be psychologically prepared for unpredictable situations in the market. That's the reason why investing in bitcoin is too risky, we never know what would happen in the future, therefore we should always have an alternative plan the words of advise from the experts is don't put all your eggs in one basket, so this means you have crypto and you have investment outside crypto as well. You'll never panic if you understand what you are doing, and most especially you risk what you can afford to lose only. Title: Re: Don't panic Post by: Rufsilf on September 23, 2021, 02:46:30 PM Panicking will result in losses even before you realize it, but on the other hand panicking will become your advantage if you think the right way and convert your losses into profits. Even professional traders or gamblers still panic but they don't show it because they know how to handle the situation in the right way to avoid losses along the road.
Instead of selling, you must study and think of buying when the market is at its lowest. In that same manner you will gain when the market recovers again. Title: Re: Don't panic Post by: King Khaizan on September 23, 2021, 03:05:01 PM Don't panic when the Market is Bearish.
Generally, traders will panic and sell when the value of their crypto assets has decreased significantly. Instead of selling, you should just do a HODL and wait for the situation to improve. Panic will only make you act irrationally and sell all assets without thinking. This FOMO action usually occurs in traders who are just trying to invest in crypto assets for the first time. Therefore, you have to get used to the situation so that your mentality continues to be well honed in order to make a profit. Title: Re: Don't panic Post by: juliepower on September 23, 2021, 06:00:37 PM Dont panic it put you into in huge loss. It's an emotion and when traders will panic they sell their coins which was a bad decision . When you feel you are in panic don't take decision take a fresh moment.
Title: Re: Don't panic Post by: usaha jaya on September 24, 2021, 05:07:36 AM In order not to panic, first examine the market movements so that they are trained and avoid the risk of loss, and most importantly, don't be greedy.
Title: Re: Don't panic Post by: gooders on September 24, 2021, 03:26:01 PM I worked out the rebound to the 20 week, it has always been like this, then only down into accumulation, the volumes are merged, no one will buy them back from the home, they will now be knocked out from them with a dump
Title: Re: Don't panic Post by: freedomgo on September 24, 2021, 09:26:37 PM In order not to panic, first examine the market movements so that they are trained and avoid the risk of loss, and most importantly, don't be greedy. Panic is usually done by newbie short-term investors, the market situation has to be evaluated and must be monitor closely so the timing is achieved. For long term investors, we don't need to sweat it out, just read the news and know the reason why the market dump, if it will not result in making its future look bad, then we just have to relax and wait until it rebounds as FUD is normal in the space. Title: Re: Don't panic Post by: Celinena on September 25, 2021, 06:34:14 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. I have gained an experience. Every time I feel panic, it is a rare opportunity for the market to buy. This is the case every time. But most of me have not grasped this opportunity.Title: Re: Don't panic Post by: gooders on September 25, 2021, 01:07:41 PM Experts from the United States, who see positive prospects in the Chinese ban, are especially smiling, fearing interest rates.
Title: Re: Don't panic Post by: SacriFries11 on September 25, 2021, 01:21:18 PM Sometimes they can't control their emotions, just like China's policies are introduced one after another. Most Chinese crypto enthusiasts will choose to sell their tokens. News in their own country will make them more psychologically affected and pressured. Chinese miners also choose to move out of China, so they need to be psychologically prepared for unpredictable situations in the market. Every single year China make these moves all over again and I think they intended to do this to manipulate the price of BTC & other cryptocurrency. There reasons are the same every year they just relaunch the same issue about cryptocurrency. But in the other hand, they secretly make their move to create their own digital money to use it in there country. We totally saw how China have big impact in cryptocurrency. Best time to buy for us. Title: Re: Don't panic Post by: MaiQwaN on September 26, 2021, 06:27:50 PM Sometimes they can't control their emotions, just like China's policies are introduced one after another. Most Chinese crypto enthusiasts will choose to sell their tokens. News in their own country will make them more psychologically affected and pressured. Chinese miners also choose to move out of China, so they need to be psychologically prepared for unpredictable situations in the market. A wonderful feature of the crypto market is that it has a worldwide distribution, does not have a single national homeland, and practically cannot be limited by anything. Therefore, the prohibition of the Chinese authorities will not have a major impact on Chinese crypto holders.Title: Re: Don't panic Post by: Cindella on September 27, 2021, 03:59:23 AM Many people feel panic when the crypto market changes and is in a downturn, especially for crypto beginners who are unable to control their emotions due to market panic, making wrong decisions and failing transactions.
You can start investing and trading with a small amount of capital, and learn how to control emotions and risk management. We should avoid panic to reduce economic losses, and be patient and wait for prices to rise. Title: Re: Don't panic Post by: joaoenmanuel on September 27, 2021, 04:38:09 AM It is important to research very well the crypto project in which we want to invest. In my opinion it is safer to bet on coins that offer the possibility of obtaining passive income either by masternodes or staking
Title: Re: Don't panic Post by: ASALAMUALAIKUM on September 27, 2021, 05:38:30 AM yes, usually panic occurs when buying at a high price and when the price suddenly drops he takes the option by cutting losses which in the end suffers deeper losses. in this case it often happens to new coins when the listing price reaches 50% and after that it can't last much longer.
Title: Re: Don't panic Post by: zaim7413 on September 27, 2021, 05:48:46 AM yes, usually panic occurs when buying at a high price and when the price suddenly drops he takes the option by cutting losses which in the end suffers deeper losses. in this case it often happens to new coins when the listing price reaches 50% and after that it can't last much longer. Welcome to those of you who have just joined this very interesting discussion forum, but I wonder why you immediately appear on a topic that discusses panic, have you also faced a panic when trading on certain exchanges?Title: Re: Don't panic Post by: Twinscoin2017 on September 27, 2021, 07:15:46 AM It is hard to control emotion when it comes to money. The process of Panic selling occurs when a stock price rapidly declines on high volume. And we can't deny the fact that most of the newbies are doing panic selling and loss, some of the expert also feels uncomfort with the price movement because of the high volatility, but they can control thier emotion because they experience so many same hard situations before they become expert. So I suggest to continue learning and be more wise in the next trade for good.
Title: Re: Don't panic Post by: junmisakiro on September 27, 2021, 07:53:44 AM Many beginners have to suffer losses investing in crypto because many of them do not want to learn first how to invest properly so they panic when the market price does not match their expectations, beginners usually only rely on hype and FOMO when they want to enter the market.
Title: Re: Don't panic Post by: kramchers on September 27, 2021, 01:22:43 PM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Here let me give you the meaning of panic in trading of cryptocurrency such as follows: 1. Lack of knowledge 2. They are not prepared or unaware for this situation. 3. They are afraid to lose their capital 4. Possible their capital came from the loan not so sure just an options. 5. And they are impatience These are all in my mind why they are on panic when the market is down. Title: Re: Don't panic Post by: MonaLeeTracy on September 27, 2021, 03:48:03 PM That's a natural thing in investing, No one has managed to make continuous profits in cryptocurrency. FOMO in cryptocurrency is real, but investor must be patient and not easily panic sell so as not to lose everything.
Cryptocurrency are volatile assets, investor who want to start investing in cryptocurrency must take into account the investment risks they will face. Profit and loss have become an inseparable part in the cryptocurrency industry, So investor must be prepared with all the possibilities that will happen. Title: Re: Don't panic Post by: bison on September 27, 2021, 03:55:22 PM Sometimes they can't control their emotions, just like China's policies are introduced one after another. Most Chinese crypto enthusiasts will choose to sell their tokens. News in their own country will make them more psychologically affected and pressured. Chinese miners also choose to move out of China, so they need to be psychologically prepared for unpredictable situations in the market. The situation in China is currently a real mental test for crypto fans, prohibitions after prohibitions always appear there, if I were in their current position, I would definitely choose to move from there, let alone crypto income being the main income to meet the needs of daily life -day, because if you force yourself to stay there it will be very detrimental, coupled with the many corrections that are happening in the crypto market today. Title: Re: Don't panic Post by: Pithaxz on September 27, 2021, 04:36:38 PM usually people often panic sell because they lack analysis in choosing the coins they want to invest, so that after being invested suddenly the market price changes down so they lose a lot of money. wrong investment, and it is true that there are also many losses for investors. because he doesn't wait for crypto market movements so he doesn't realize that he has bought or sold suddenly so that after the market changes, goes up or down there is regret for lack of patience
Title: Re: Don't panic Post by: kojektea on September 27, 2021, 05:42:03 PM I often meet. Even I who have been in the cryptocurrency world for quite a long time until now can still experience panic. Looks like it's very hard to get rid of. It would be better to invest a large amount and forget about it. Let it pass a few years later and see the results.
Title: Re: Don't panic Post by: btc78 on September 28, 2021, 02:48:08 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. The main problem about why people losses too much funds in their investment is the idea that they tend to listen to others specially in FUD spreading , their plans changes when thy read or watch some stupid news.instead of digging deeply ? decision making take effect sooner before they even learn the real score. Prevent yourself from reading too much news. and prevent yourself from listening to other people. Title: Re: Don't panic Post by: gwdf1 on September 28, 2021, 03:42:16 AM Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning. Here let me give you the meaning of panic in trading of cryptocurrency such as follows: 1. Lack of knowledge 2. They are not prepared or unaware for this situation. 3. They are afraid to lose their capital 4. Possible their capital came from the loan not so sure just an options. 5. And they are impatience These are all in my mind why they are on panic when the market is down. So everything goes from absence of the strategy and unnecessary emotionality. To be a successful investor you have to study this market to make up a strategy and then follow it without redundant emotions. As fear is an emotion that makes you make wrong decisions and as a result lose. And when there are many people who don't have a strategy and very emotional, we see this panic on the market. |