Do you also panic when bitcoin price falls more than 10-20% in a day ?

[Franctoshi]

Are you one of those who get panicked when bitcoin price falls by 10-20% in a day ? Or you are no longer affected by such price drops and continue to invest on each dip ? Any suggestions on how to control own feelings in case of such drastic drops in bitcoin price ?

Whenever we had 10% -20% Now I see such percentage drop as an opportunity in the market to even Buy some Bitcoin unlike before when I knew nothing about Bitcoin, if you have got to understand Bitcoin very well, you would at some point even pray for such a price drop, especially if we are in a bull market ,that's indeed a great opportunity to buy the dip most of in the industry look for,  in my end isn't a panic rather is ample opportunity buying opportunity.

[Ludmilla_rose1995]

Are you one of those who get panicked when bitcoin price falls by 10-20% in a day ? Or you are no longer affected by such price drops and continue to invest on each dip ? Any suggestions on how to control own feelings in case of such drastic drops in bitcoin price ?

a trader who always pays attention to the chart all the time will definitely panic when he sees the price of bitcoin falling 10% or more in 24 hours, but I am not a daily bitcoin trader, I don't panic too much when I see the price of bitcoin falling, I have a long-term target for investing in bitcoin, that feeling makes me not so worried when the price of bitcoin goes down because I am sure that in the short term the price of bitcoin may go down but in the long term the price of bitcoin will increase

[lixer]

Are you one of those who get panicked when bitcoin price falls by 10-20% in a day ? Or you are no longer affected by such price drops and continue to invest on each dip ? Any suggestions on how to control own feelings in case of such drastic drops in bitcoin price ?

When I was new in trading and I didn't know much about trading or coins, especially about Bitcoin, I invested and I was scared because the market suddenly fell and when it went up a bit, I sold my coins back then because I didn't have that much knowledge and I didn't know anything about Bitcoin, but now it's not like that. If the market drops 10-20 percent, I don't panic. I have a buying start, I have set the DCA method, if the market goes down, I buy accordingly and if it goes up, then I sell accordingly.

And it seems to me that those who are experienced traders do not have this because they understand the ups and downs of the market so well that they are not afraid of ups and downs but rather set a strategy. And that is why they are successful in trading.

When someone invests his precious money in a place, he always has his hopes up about it. It is not possible that we can completely control this reality. There is always a fear of experience. You may have been afraid, so it's not that much of a problem, but if you study more about Bitcoin and do market research, you can pretty much control your emotions.

[Wakate]

Are you one of those who get panicked when bitcoin price falls by 10-20% in a day ? Or you are no longer affected by such price drops and continue to invest on each dip ? Any suggestions on how to control own feelings in case of such drastic drops in bitcoin price ?

a trader who always pays attention to the chart all the time will definitely panic when he sees the price of bitcoin falling 10% or more in 24 hours, but I am not a daily bitcoin trader, I don't panic too much when I see the price of bitcoin falling, I have a long-term target for investing in bitcoin, that feeling makes me not so worried when the price of bitcoin goes down because I am sure that in the short term the price of bitcoin may go down but in the long term the price of bitcoin will increase

I think those that are not real traders would not have to panic especially when they don't have any holdings. There is no way that someone that has some crypto portfolio would not panic. The price of Bitcoin has been falling drastically today which has made so many altcoins to fall too going down below 10% drawdown. I think this is a crucial time for us to know what we are doing and take the opportunity to buy and hold some good momentum tokens that would be quite rewarding for us by the time the time the price of Bitcoin starts going bullish again. A good time for one to buy and prepare for the bull.

[stadus]

Are you one of those who get panicked when bitcoin price falls by 10-20% in a day ? Or you are no longer affected by such price drops and continue to invest on each dip ? Any suggestions on how to control own feelings in case of such drastic drops in bitcoin price ?

Whenever we had 10% -20% Now I see such percentage drop as an opportunity in the market to even Buy some Bitcoin unlike before when I knew nothing about Bitcoin, if you have got to understand Bitcoin very well, you would at some point even pray for such a price drop, especially if we are in a bull market ,that's indeed a great opportunity to buy the dip most of in the industry look for,  in my end isn't a panic rather is ample opportunity buying opportunity.

Yes it's a great opportunity to accumulate more Bitcoin while the price is cheap. However, I don't usually hope for consistent price drops but it's always a price increase so that we will come to see our investments making significant profits in less time. But nevertheless, whenever Bitcoin price drops drastically, I'm now more calm and patient than I was before when I was new in the market.

[GbitG]

Are you one of those who get panicked when bitcoin price falls by 10-20% in a day ? Or you are no longer affected by such price drops and continue to invest on each dip ? Any suggestions on how to control own feelings in case of such drastic drops in bitcoin price ?

Hmm I already discussed it but today I will give my opinion on it in simple words.. for better understanding. So it depends on the buddy. If someone is a short-term investor or high leverage trader, beyond any doubt, he will be panicked when the price falls by 10% to 20%. As far as I am concerned, I do not panic even if the price falls because I am a long term investor. I don't sell the coin until I am sure that holding it any longer can be harmful rather than profitable, i.e. at the peak of the bull run. 
 
Besides, I believe that small correction panics those people who have first experience, i.e., those people who have not experienced bear markets, just enter in bull run. So of course those people were panicked, even by a small correction. So, emotions should be controlled only then will you be able to become successful, i.e., you will be able to survive in the market.