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Author Topic: How do you Panic?  (Read 39764 times)
matchi2011
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July 11, 2017, 05:49:34 AM
 #141

Back in the days when i was just new in trading, i sell sometimes for a much lower price than by entry point just because the prices crash after i bought my altcoins. I feel anxious when i look at the charts and see that it's gone below the purchase price so in thinking of at saving myself from losing more, i sell at a lower rate. Then came the realization that altcoin volatility normally moves that way. So now i hold even for months if need be, i just don't sell at a price that doesn't at least give me a little profit

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Exotica111
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July 11, 2017, 06:09:56 PM
 #142

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?
Don't panic if you are already in lost and that time  you decide to sell your coin To avoid losing even more , make sure you can buy back again at more cheaper price . Thats what I'm doing if I already in lost want to recover few of my lost. but sometimes I just hold it i believe for what coin that I bought  so even if lost right now I know it will be back soon and I will make profit just holding it.
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July 11, 2017, 07:36:26 PM
 #143

At the time of the recent panic attack, I sold almost all the coins. I stayed at a profit, but I did not plan to sell. At the moment, I regret what I did, because I bought my coins at a price of $ 650. And soon the price can rise significantly.

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Luno
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July 11, 2017, 10:56:15 PM
 #144

At the time of the recent panic attack, I sold almost all the coins. I stayed at a profit, but I did not plan to sell. At the moment, I regret what I did, because I bought my coins at a price of $ 650. And soon the price can rise significantly.

Even you sold your coins but you have made good profits as you have bought your coins at very low price so there is nothing to regret as your goal of making profits has been achieved but that is true that if you have hold your bitcoins then you would have made even higher profits in future.
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July 11, 2017, 11:02:55 PM
 #145

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?
Feel panic but suddenly calm and make a decision not to sell much better to hold it than to sell because you will never know that it will rise again thats how trading so i keep calm when i feel so nervously when it get dump.



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meebs
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July 12, 2017, 12:55:50 AM
 #146

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?
Feel panic but suddenly calm and make a decision not to sell much better to hold it than to sell because you will never know that it will rise again thats how trading so i keep calm when i feel so nervously when it get dump.

Trading is all about having a patience and if you could deal with it then you will be making good profits from it as even if you see price going down you should hold your coins tight and wait for the price to go higher and that is the only way to make profits in trading.

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July 12, 2017, 01:30:48 AM
 #147

I don't really panic but I stress a bit then I start watching charts 24/7 while eating peanuts.
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July 12, 2017, 03:37:28 AM
 #148

I easily get panic when I start seeing that price has started to go down then my initial purchase and many times I have sold my coins at a wrong time at lower price and after that it suddenly start pumping up but now I have learned not to get panic and hold coins for a long time.

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July 12, 2017, 04:11:00 AM
 #149

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 early days of my trading,i got panic when the invested coin went down in price.At that time,i had no experience and so i just followed the market blindly.But now,i do my research best and invest only in the most under valued coin.So,even if the coin's price drops,no need to get panic.

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July 12, 2017, 10:02:14 AM
 #150

I easily get panic when I start seeing that price has started to go down then my initial purchase and many times I have sold my coins at a wrong time at lower price and after that it suddenly start pumping up but now I have learned not to get panic and hold coins for a long time.

One of the most common mistakes for newbie traders. I've had that mistake a lotnof times during my first few trades that ineven contemplated on quitting trading entirely. But as you grow in experience, you'll see that panic selling can be avoided and losses also at the same time. Patience and composure. You'll be fine if you have those two

 
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Oralmat
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July 12, 2017, 12:32:49 PM
 #151

Yeah, I feel panic, if i talk about bitcoin price down and up then sure i feel panic. Now the start of 2017 was very well for bitcoin price but now i am worried about 1st August is coming, and now in this month bitcoin price slowing slowing come back, it give me panic feeling. Because i have hold my bitcoins and i hear after 1st August bitcoin price will be more down. So it is sad news for me.
bitllionaire
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July 12, 2017, 11:34:59 PM
 #152

I easily get panic when I start seeing that price has started to go down then my initial purchase and many times I have sold my coins at a wrong time at lower price and after that it suddenly start pumping up but now I have learned not to get panic and hold coins for a long time.
i personally do not take panic in fact i have invested my money for long term and therefore i never feel the need for panic. to me i always think that bitcoin price hs a good potential and hope that it will continue increasing very soon.
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July 13, 2017, 07:21:45 PM
 #153

Sincerely, Man reach a stage of event in life that fear come across his heart, especially what has to associate with money. Firstly, calculating the numbers of time dedicated to gather satoshi and heading to become BTC, and seems some drama is around to happen to BTC, sound of digger must sound out of one's heart o. Secondly, when all hope has been put over a thing and seems the is about to become dashed, panic will talk saying "I'm here o"
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July 14, 2017, 01:56:10 PM
 #154

At the beginning of my trading I always feel paanik because I only have a little capital, but now I have been a little relaxed and throw away the panic it far away.
bitcoinmasterlord
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July 14, 2017, 05:23:32 PM
 #155

I easily get panic when I start seeing that price has started to go down then my initial purchase and many times I have sold my coins at a wrong time at lower price and after that it suddenly start pumping up but now I have learned not to get panic and hold coins for a long time.
i personally do not take panic in fact i have invested my money for long term and therefore i never feel the need for panic. to me i always think that bitcoin price hs a good potential and hope that it will continue increasing very soon.
First time when we start trading the price is suddenly going down means everyone will get panic. I also become panic and sold my coins. But once they get experience in this field then they will not get panic like us. We all did panic sell before, but now we all have control of our feelings, and we know this is common in trading, so we are not doing the same mistake again.
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July 14, 2017, 10:44:11 PM
Last edit: July 18, 2017, 12:23:36 AM by stergium
 #156

I easily get panic when I start seeing that price has started to go down then my initial purchase and many times I have sold my coins at a wrong time at lower price and after that it suddenly start pumping up but now I have learned not to get panic and hold coins for a long time.
i personally do not take panic in fact i have invested my money for long term and therefore i never feel the need for panic. to me i always think that bitcoin price hs a good potential and hope that it will continue increasing very soon.
First time when we start trading the price is suddenly going down means everyone will get panic. I also become panic and sold my coins. But once they get experience in this field then they will not get panic like us. We all did panic sell before, but now we all have control of our feelings, and we know this is common in trading, so we are not doing the same mistake again.

yes in very beginning would come in panic very soon but now they have become too much mature now they do not come in panic so soon. i think still a lot of investors are there who are holding their bitcoin and have decided not to sell their bitcoin. such people are really givng good support to bitcoin and i am sure that such people will start make price of bitcoin bring back to its track.
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July 15, 2017, 12:23:33 AM
 #157

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 in that situation i just hold no matter what i becomebag holder or not i just hope to pump it back i will never sell in lose unless i see a move for me to sell and do cutloss buy again that coin incheap price. If you will be triggered by a dump you will lose only be calm and think before you take action.
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July 15, 2017, 12:35:25 AM
 #158

Do not panic and I never panicked about it. If the altcoin I hold starts to decrease. I am always sure and know it will recover. Because before investing in the coin. It's good to do the analysis first. And I think there is no reason to panic.
An announcement of August 1? Don't be panic about the split of Bitcoin. They say Bitcoin drop its price into expected lower price. If you hold a lot of bitcoins, it is a regret for you of holding your Bitcoin for a long time. Some enthusiasts say Bitcoin will get the price 10000 USD so I believe with them, they have enough experience in the crypto world.













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July 15, 2017, 02:44:47 AM
 #159

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 in that situation i just hold no matter what i becomebag holder or not i just hope to pump it back i will never sell in lose unless i see a move for me to sell and do cutloss buy again that coin incheap price. If you will be triggered by a dump you will lose only be calm and think before you take action.
Making decision while on that situation will truly make you panic. All of us can feel that but the only way you can do is stay calm and think the positive and negative scenario.. So the right thing to do ia to hold your coin.



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CyberKuro
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July 15, 2017, 02:52:50 AM
 #160

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?

Bitcoin trading is far safer than altcoins trading imo, but altcoins trading could be more profitable than bitcoin trading due to pump and dump than might be happen significant in short time. So, I'm not so worry to see bitcoin prices decline but more cautious when its price rise like bull run whether I will sell or not, nor when the right time to sell. On the other side, altcoins trading will make panic when its prices decline as we know some coins won't recover for a long - long time, except for some famous altcoins.
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