How do you Panic?

[digaran]

Every time I see a star like this> * < or two stars like these>**< in front of a coin's supply in coinmarketcap.com and few times a day I see how their prices pump and dump in a constant loop I wouldn't actually panic but rather laugh and also feel sorry for those losers and suckers invested in those shit coins. so I either buy something which I have full confident about it's future or I don't buy at all, if I have faith in something then I wont easily panic.

[zidanw]

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?

When the price is far beyond our estimates it may be due to a very deep issue or problem, if I panic I more see the information first or ask it and see their reaction if no information forced to cut lose than holding.

[hajimasan]

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?

In the starting , it was really a big problem for me to get loss in the value of fiat for the coins to.hold , but after long time experience I realise that the earnings in the trading is a job of patience , if I can take my patience at the best then I will.never face any panic .
In the starting after the down of the price , I usually sold my Bitcoin and other coins to control the loss , bit now after the down in the price instead to sell I buy them and if again get down then buy again and so on .
This is really a good trick to overcome the loss in the particular coins due to bulk investment .
And also this is the truth that the price will surely increase in the future with confidence , sonwhy we should get into panic .

[izanagi narukami]

Before I'm decide to trade altcoin or bitcoin, I'm prepare for lossing ! Cryptocurrency is a high risk trading and most people already aware of that !
When I'm buy some altcoin, I'm usually hold it as long as possible so whenever they get dump , I'm still insist to hold it compare to my friend that he's afraid for lossing

[Zadicar]

Just spill the tea/coffe on your computer when you panic and than you will not do anything stupid

Easy to say but its really hard to do because this thing would really depend on how strong the self control of a certain person. If hes sensible enough he would definitely do things that would make him calm down instead of panic since he does know what would be the things might be done if we are on panic mode. We usually make such bad decision when we are on this current state thats why its important to have a good self control. When i do panic i usually get out in front of my pc and do something that relieves my stress.

[arwin100]

Just spill the tea/coffe on your computer when you panic and than you will not do anything stupid

Easy to say but its really hard to do because this thing would really depend on how strong the self control of a certain person. If hes sensible enough he would definitely do things that would make him calm down instead of panic since he does know what would be the things might be done if we are on panic mode. We usually make such bad decision when we are on this current state thats why its important to have a good self control. When i do panic i usually get out in front of my pc and do something that relieves my stress.

But actually its pretty hard to control ourselves if we see our capital loss breakin out, And maybe some of people really matters that since we've actually see so many weakness splattering on some exchange and if they will learn how to hold and defy those feelings surely they can earn and devirsify the loss in tradings. But we can't erase the real fact that sometimes we do panic sells since not all the coins we hold are potential to be last for more months.

[SamsungBitcoin]

Before I'm decide to trade altcoin or bitcoin, I'm prepare for lossing ! Cryptocurrency is a high risk trading and most people already aware of that !
When I'm buy some altcoin, I'm usually hold it as long as possible so whenever they get dump , I'm still insist to hold it compare to my friend that he's afraid for lossing

I think all of us is afraid to lost our investment but if you do trading you need to buy at low price then you will set the target amount to sell your bitcoin just put it in sell order that is what i am doing and by doing that i do not need to monitor the dump and pump of the coin i buy just check if my order is already sold.

[roadbits]

Before I'm decide to trade altcoin or bitcoin, I'm prepare for lossing ! Cryptocurrency is a high risk trading and most people already aware of that !
When I'm buy some altcoin, I'm usually hold it as long as possible so whenever they get dump , I'm still insist to hold it compare to my friend that he's afraid for lossing

I think all of us is afraid to lost our investment but if you do trading you need to buy at low price then you will set the target amount to sell your bitcoin just put it in sell order that is what i am doing and by doing that i do not need to monitor the dump and pump of the coin i buy just check if my order is already sold.

This is a good idea but I think you need to wait for long time to hit your target. Or sometimes your good luck the price will reach your target it is fast income. But for this, we need to invest our extra money, and there is no time limit for this method. Our target will reach tomorrow, or next year we have to wait till that time then only we can make a profit.

[Reid]

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 do react fast before, that is the time when I know nothing or not that much.
I sell in an instant without even thinking if there will be a chance it will go back up.
Sure I did some right decision by selling but the percentage of regretting it is a lot more.
I didn't even have the chance to buy back thinking of the great lost I have been through.

[yrreg ger]

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?

It is all about price, I react too much if the price reach high price and greediness came at this time. All of us (bitcoin user) become greedy when we have a big profit, who can not grab this opportunity? this is a sure income. Maybe, others (professional trader) want more profit and wait to until the price become too high. But for me, the sure profit is enough and I'm contented what I have from my trading.

[jekjekman]

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?

When I am new at trading crypto currency I am easily panic when my coins suddenly drops of a 5 percentage then I will panic sell and after an hour it goes high again and even higher then I am so down that time because I feel so unlucky but when time comes after you experience so many of it you will learned from it and you will be more patient and your panic attacks will be no more hindrance to you.

[carriebee]

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?

When I am new at trading crypto currency I am easily panic when my coins suddenly drops of a 5 percentage then I will panic sell and after an hour it goes high again and even higher then I am so down that time because I feel so unlucky but when time comes after you experience so many of it you will learned from it and you will be more patient and your panic attacks will be no more hindrance to you.

We panic if the price we trade is dump and sometimes you cant hold your emotions. So when Im new in trading altcoins I usually experience this that didnt know what to do and eventually sell the coins I have. But after the months pass by Ive learn so many things in trading. And the price movement in the market is usuall the time it will pump and dump.

[susila_bai]

I never get panic because the reason is that what ever i am earning in that 20% i keep it for long term investment and balance i convert it to fiat currency when ever i am in need of fiat currency to fulfill my expenses.

[Pearls Before Swine]

I don't panic because I don't invest heavily in crypto, and I certainly don't invest more than I'm comfortable losing.  Everything is freaking gravy right now.  If you're the type of person who can't stomach watching his crypto wealth drop by half in a day, then you're in the wrong area of investment.  It's that simple.  If you're the type who panics when the market drops and can't ride out the temporary losses, you're in the wrong place.  And given how much bitcoin and the major altcoins have risen in the past year, if you have reason to panic then you're probably buying the wrong stuff anyway.  Emotions are a trader's worst enemy.  Remember that, it's valuable advice.

[bitcointarget]

I never get panic because the reason is that what ever i am earning in that 20% i keep it for long term investment and balance i convert it to fiat currency when ever i am in need of fiat currency to fulfill my expenses.

Interesting because I only panic when the market undergoes a huge dump or pump. The rest is always okay by my side. I'm a calm person that not getting affected easily.

[boyptc]

I never get panic because the reason is that what ever i am earning in that 20% i keep it for long term investment and balance i convert it to fiat currency when ever i am in need of fiat currency to fulfill my expenses.

Good for you, before I get easily panic. And I don't have the calm mind way back then. And my way when I get panic is I'm not really that confident after selling my bitcoins. After selling the price gets higher and that is making me sorry with that decision of selling so for now I refuse to sell.

[BTC786]

Do NOT BUY or SELL at the Peak. Let the market calm down and stable

[okissabam]

So far I never experienced that kind of feeling when I tried trading, I was determined that when I start trading I would just hold the coins and go for long term instead of short term because as far as I've noticed I don't think now is the right time to do short term trading. I think it's a matter of self preservation and self control when it comes to that so you won't panic.

[RedX]

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 really don't go into panic mode when the coins that I hold dumped too much because I know that it will just bounce at a later time. But if the case is my coin is going to be delisted, I think me and everyone who hold that coin is really doing panic selling now.

[rickadone]

Just spill the tea/coffe on your computer when you panic and than you will not do anything stupid

Haha good one but now a days people have smartphone and spilling coffee on PC might make your bitcoins burn lol if you keep them in core wallet.

Anyways I believe the panic among people is because they can't just digest how a certain entity which has just came into existence a few years ago can reach such high values and they are worried since bitcoins is not centralized and they can't complain in case they loose.