How do you Panic?

[FoxTheHuman]

Rumors  and volatility become a direct realty in all altcoin. I usually check all the rumors before deciding on anything with my altcoin.

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[hangar18]

I not panic,, just hold my coin, i believe will pump again
easily panic will make wrong decision
 

I think this is what everyone else should as well. Most of the trades normally panic under these circumstances and usually make false decision. This is the time where emotions play a significant role and force you making false decision most of the time. You need not to panic and you should hold you Bitcoin in order to make good profit.

Yep! It is really crucial t manage your emotions and stress very well when you are in your professional life, even in personal life too many emotions can ruin your life. No need to give up on your coins especially bitcoins if your coins are going through some hard time. Every bitcoin dump is surely followed by a great pump.

Although keep your money in Bitcoin very safe, because it is the King of the cryptocurrency world, so if it falls down, other cryptocurrencies also fall down together. But what do you think about the opportunities make good profit from altcoin while you can know those?

[ronafurw]

Panic always produces a bad and detrimental effect for us, because panic happens from the mind that isn't calm. As happened at bitcoin prices these few days. I just relax, no need to feel nervous if bitcoin will continue to weaken slowly. I've been fighting bitcoin for years, so i'm immune to any conditions that are even worse than today.

I'm not long in bitcoin, so I'm prone to panic. It's very hard for me to watch my capital melt. I just turn off the computer and go home to do stuff that's not stupid.

Hahahaha! Nice move!! At least you are able to find a way to control it. Over time, you will get use to the fact that not bothering at all helps overcome the whole panicking shit!

[bohr]

We all will feel panic when bitcoin prices decrease. In our mind there is only a decision that is selling bitcoin that we have. So panic is a normal thing, everyone will definitely experience this. What distinguishes only the level of panic that will be faced.

So how can we decrease panic from that condition which is bitcoin or other coin decrease their price? If you know please tell me. Since although we have analyze the price sharp, we are sure that the price will getting higher, but in exact market, price is getting lower. Sometime prediction is not always right. Thanks before

Yes it is very much true that predictions are not always true, this is the point where your own skillset matters the most, if you get panic at that time, then it will not serve the purpose in anyway. It will only cause more and more troubles for you, So you need to remain calm and use your mind to make effective decisions.

Panic is something that compounds a problem that is why the first thing they teach to people that are supposed to respond to emergencies is to not panic, if they do, then they are only going to make a problem even worse by taking the wrong decisions, so while trading is very time sensitive if you find yourself panicking sometimes the best thing you can do is to take a 5 minute break and calm yourself before taking any action.

[Franky00]

Panic always produces a bad and detrimental effect for us, because panic happens from the mind that isn't calm. As happened at bitcoin prices these few days. I just relax, no need to feel nervous if bitcoin will continue to weaken slowly. I've been fighting bitcoin for years, so i'm immune to any conditions that are even worse than today.

I'm not long in bitcoin, so I'm prone to panic. It's very hard for me to watch my capital melt. I just turn off the computer and go home to do stuff that's not stupid.

Hahahaha! Nice move!! At least you are able to find a way to control it. Over time, you will get use to the fact that not bothering at all helps overcome the whole panicking shit!

Over time, the trader becomes calm. He watches the market and understands that after the fall there will be growth. I used to panic and make the same fatal mistake - I sold coins when the price falls. Now I understand that at this time you need to buy, not sell

[Davian144]

Panic always produces a bad and detrimental effect for us, because panic happens from the mind that isn't calm. As happened at bitcoin prices these few days. I just relax, no need to feel nervous if bitcoin will continue to weaken slowly. I've been fighting bitcoin for years, so i'm immune to any conditions that are even worse than today.

I'm not long in bitcoin, so I'm prone to panic. It's very hard for me to watch my capital melt. I just turn off the computer and go home to do stuff that's not stupid.

Hahahaha! Nice move!! At least you are able to find a way to control it. Over time, you will get use to the fact that not bothering at all helps overcome the whole panicking shit!

Over time, the trader becomes calm. He watches the market and understands that after the fall there will be growth. I used to panic and make the same fatal mistake - I sold coins when the price falls. Now I understand that at this time you need to buy, not sell

But you can't stay calm, when you wait your coin is your last coin on your wallet and you think that coin will be a shit coin  cut lost get other coin.
i panic when i put wrong place beside buy and sell, i put higher price when buy and put lower price on sell

[Neo--]

Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?

mostly i am not doing panic but sometimes u choose wrong option and than u realize that u made panic sell.

[creeps]

Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?

I dont panic because i know how to trade without emotion and mostly i am sticking on my plan so i dont sell on panic. People are on panic maybe because they are lack of plan and afraid of loosing big money, thats alright but if you dont have right plan you might loose big amount of money for sure. so for me, dont panic, execute your plan well.

[UchihaRukawa]

I think only people who don't analyze or lacking in analysis are the ones who panics the most. A wise investor knows when to get in and out of the market, so they actually do not panic or if there are instances where they panic, its gonna be very seldom or maybe something out of hand really happened.

[mriansa]

Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?

first time tradingsaya never felt and it was very funny, finally I do not panic if the price drops, I now do not feel the panic anymore because I know the price definitely back up

[fullhdpixel]

There are some differences between business aircraft and bitcoin business, daily traders must know about this. Trading is a gambling game in my opinion, whether you make a profit or lose money. But in the bitcoin environment, there is no damage after I invest in it because the value of bitcoin continues to increase over time. All I have to do is find the dip to buy and keep it lasting.

Everyone panics at different scenarios, some may panic on downfall of the prices of their investments, some panic when they had hard times in family or any other office issues. I usually don’t get panic as soon like others because I know how to control my emotions so that my decisions are not affected while trading at the time of crisis.

Yeah, I think the present is a time of crisis, people are very scared when they look at the price of bitcoin, some people have made the wrong decision and sell all their bitcoin at low prices, they will soon regret, in the past, I was also a victim in this situation. However, at present I know emotional control and I have a lot of experience, knowledge, that made me feel very calm, even I was not too concerned about the price of bitcoin fell, and I always say to myself, if afraid, turn off the computer and go to bed, it is quite effective

I guess i panic when i don’t see the rise of bitcoins and i don’t get the desired results seeing the value of bitcoin dropping. But i try to keep myself calm in such conditions and try to think of the positive things. Because eventually it is going to benefit us in the future. So stay calm guys.

[djgtr]

There are some differences between business aircraft and bitcoin business, daily traders must know about this. Trading is a gambling game in my opinion, whether you make a profit or lose money. But in the bitcoin environment, there is no damage after I invest in it because the value of bitcoin continues to increase over time. All I have to do is find the dip to buy and keep it lasting.

Everyone panics at different scenarios, some may panic on downfall of the prices of their investments, some panic when they had hard times in family or any other office issues. I usually don’t get panic as soon like others because I know how to control my emotions so that my decisions are not affected while trading at the time of crisis.

Yeah, I think the present is a time of crisis, people are very scared when they look at the price of bitcoin, some people have made the wrong decision and sell all their bitcoin at low prices, they will soon regret, in the past, I was also a victim in this situation. However, at present I know emotional control and I have a lot of experience, knowledge, that made me feel very calm, even I was not too concerned about the price of bitcoin fell, and I always say to myself, if afraid, turn off the computer and go to bed, it is quite effective

I guess i panic when i don’t see the rise of bitcoins and i don’t get the desired results seeing the value of bitcoin dropping. But i try to keep myself calm in such conditions and try to think of the positive things. Because eventually it is going to benefit us in the future. So stay calm guys.

well people always panic when they really didnt have an experience of such thing and they are afraid of loosing something because of it.i think the best thing to do is to keep looking for an update and think possitive .

[zzSunZZ]

Trading isn't about patience or impatience, it's about maximising opportunities. However, when it doesn't work out...the impatience can cost, I accept that. As you know, I take the view that if one is going to sell then sell at the top. For instance having not sold ALN at the top I followed my system and didn't sell. I did however have a profit-maximising-stop in mind.Who would have thought a yes vote would make the markets fall? Not me. I think your trade went wrong for more than just impulse buying. Imo it went wrong because you didn't have a strategy and without a strategy statistically you can't win. You are at the mercy of a 50% probability less the spread so over the long term you must loose. You were not using technical analysis but fundamental data/news. That's fine - each to their own. Having made your trade based on the news you then added to your position before there was any fresh confirmed news and at that point your money management goes to pot.

[k@suy]

Rumors  and volatility become a direct realty in all altcoin. I usually check all the rumors before deciding on anything with my altcoin.

Those FUD news really affects the cryptocurrency market. That is true for the stock exchange too. Some times its better to do your own research, where information and updates for the said coins is vital in decisions making.

[carlisle1]

Rumors  and volatility become a direct realty in all altcoin. I usually check all the rumors before deciding on anything with my altcoin.

Those FUD news really affects the cryptocurrency market. That is true for the stock exchange too. Some times its better to do your own research, where information and updates for the said coins is vital in decisions making.

your own analysis will save you to panic the more you understand your supported project will make you feel safe in anyhow, those fud and
bad news really make such an impact but if you know what is the possible bounce back you will not be affected, experience wise I guess.

[rtinedal]

The senior trader said that dont panic. We have to analyze again to decide more carefully.But in my experience, i always panic, i worry if the price of my alcoin getting bad. So i did cutloss that make my principal down. But next future i will learn how to not panic, so we can make good decision

actually all newbie they are the panic mode they are increasing and decreasing the price of bitcoin. Also, panic selling and buying also are just as good for everyone. they say the traders get their profit from other people and are just too expensive at high prices and they fall sharply into it that panic modes begin so that the market movement moves or speeds up for them.

Wahat does it mean traders get profit from other people??

definetely yes, traders are paying off from someone else so trading is like a gambling just like you bet and you get someone else's bet. so trading more knowledge is cooler to get the profit you get.

[boyshx]

Whatever I learnt from the people around me is to hold the bitcoin no matter what happens to the market. You can't hold it long if you are panic person and that's actually the emotional kind of investment which not good in crypto world, real world or forex world or anywhere.

It's really simple math, if you are making he decision in emotions and selling the dam coin in hurried situation the you are in loss. You don't even think about the coin and the price at which you bought it. In the situation like this I will always hold no matter what. I'm very grateful to those who taught me this because I started to grasp this fact way early than anything.

[audaciousbeing]

At some point one needs to panic you cannot just do without it and in my own case, I always want to blame myself for not taking the decision when the price of the stock I hold was still favorable. But the important thing how do one hold up never to take actions under such condition because that could be fatal. What I do basically is just to avoid checking and checking, I just ignore everything that have to do with price and concentrate on something else and even sometimes I avoid logging into my trading account for a number of days.

Since that has always worked for me, I stick to it and gradually the pressure subsidise and panic vanishes.

[forkchain]

At some point one needs to panic you cannot just do without it and in my own case, I always want to blame myself for not taking the decision when the price of the stock I hold was still favorable. But the important thing how do one hold up never to take actions under such condition because that could be fatal. What I do basically is just to avoid checking and checking, I just ignore everything that have to do with price and concentrate on something else and even sometimes I avoid logging into my trading account for a number of days.

Since that has always worked for me, I stick to it and gradually the pressure subsidise and panic vanishes.

That's nice thing that you are doing because if you are keep looking it's mean that you are really worry try to avoid anxiety because anxiety cannot help you but the time will help you more.

[beezunus]

this crypto world peoples are very interesting. they are panicing very fast and dumping what they have.

Dont have enough knowledge for those people that panic easily dont know the process of the movement of the trading maybe for some new trader much better to make some study first so they can avoid panicking like selling their coin in a lower price .

that' right because if we panic it will be a loss, better to learn from experienced people or read in the forum to be able to get the correct information