How do you Panic?

[GregH37]

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 panic I become stronger becaus of the adrenaline rash that is why the impossivle things become poasible with me and I can make things that I do not usually do.When I am in panic I fell nervous.

Strange. I do hear some people are performing well under pressure than normal conditions. But this is the first time I do hear that a trader could perform well while he is in panic.
I just want to clear how you will be doing well when you are falling neverous. It would be good if you shared some more information on this.

[justdimin]

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 prices are crashing, its normal to feel  anxious and start panicking . I would be lying if i'll say i dont. When i start to panic, i breathe, calm myself down, then prepare. I prepare myself for the worst case scenario but i dont just sit and wait for my doom. Most of the time, I hold some and sell some. Most likely, 65% hold 35% sell. But some there are times that i just held tightly to my coins until the price has gone up again. Its better to have sound mind and self control during panic time. Always be prepared of what might happen in this unpreditable world of digital currency.

Indeed. It’s common to panic when prices are continuously dumping. Usually newcomers do get panicked easily and sometimes old investors as well if prices are continuously dumping. Same is the case for holding bitcoins. People hold them when prices are low with hope that soon they will enjoy profit when the prices will reach moon.

[Shutup]

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 go on panic because I know oneday I can be rich throuh bitcoin.I just sell by bitcoin now because I need it for daily needs of my kids
I know that one day I will be a successful bitcoiner that I am one of those millionaire bitcoiner in rhe world.

[DainSLane]

As of now i don't really know what panic means when it comes to trading because I'm a beginner i'm still lack of knowledge when it comes to trading  but i think panic is a part of risks because if there is a dump people go sell and sell then other people or professionals stays calm because they know how to handle the situation.

[Kidmat]

When Im new in trading Ive become impulsive trading and didnt think of the outcomes. When the time price crashes to what I didnt expected I got panicked and sold it. Therefore, I should think before doing such an action in trading not to lose money again.

[erep]

I am a day to day trader and there are many moments everyday where I have a habit of panicking but every time I just do a simple task. Leave the trading whenever I panic. Let it be like that, the coin will jump back after some days or weeks rarely but they do come back. So its never a problem for me.

[wuvdoll]

I am a day to day trader and there are many moments everyday where I have a habit of panicking but every time I just do a simple task. Leave the trading whenever I panic. Let it be like that, the coin will jump back after some days or weeks rarely but they do come back. So its never a problem for me.

There will be no guarantee all the coins will bounce back after few days. If you notice there are lot of coins kept dumped to one satoshi then no buyers and then getting delisted. If you chose a random coin for your trading then frequent panicking will be unavoidable.

[sibisi666]

Before I was almost immune to price drop, but friend of mine was leader in panics, especially if eth or btc going down. After bigger stake has begun to circulate, i started panic mode by myself as well
i am not immune anymore ☹

[Andri ansah]

We see first, altcoin down due to price correction or because bitcoin down?
If the price correction, we still dare to hold, but if because bitcoin down better sell before the loss a lot.
That's my opinion, so don't panic.
hehe

[chip1994]

I am a day to day trader and there are many moments everyday where I have a habit of panicking but every time I just do a simple task. Leave the trading whenever I panic. Let it be like that, the coin will jump back after some days or weeks rarely but they do come back. So its never a problem for me.

Depending the type day trader on market. If you are a day trader margin, I ask you can still keep your calm and hold this loss in 1-2 months by your mistake and pay fees loans to exchange everyday? In past time, I very like you and not use stop loss when trading. So, in June begin bearish trend on market, I loss 80% my funds for this order only because I believe this coin can recovery. Until today this coin still lowest price and can't recovery to base in 2 months ago I bought.

[Tamilson]

Before I was almost immune to price drop, but friend of mine was leader in panics, especially if eth or btc going down. After bigger stake has begun to circulate, i started panic mode by myself as well
i am not immune anymore ☹

I think the feeling of panic is natural to all humans, well if you dont you're not a human
At the least we feel it even we say we're use to dumps.
So if you're in panic mode better not to make decisions that can affect your future plans.
Better to put your thoughts together before anything else.

[costina]

I am a day to day trader and there are many moments everyday where I have a habit of panicking but every time I just do a simple task. Leave the trading whenever I panic. Let it be like that, the coin will jump back after some days or weeks rarely but they do come back. So its never a problem for me.

There will be no guarantee all the coins will bounce back after few days. If you notice there are lot of coins kept dumped to one satoshi then no buyers and then getting delisted. If you chose a random coin for your trading then frequent panicking will be unavoidable.

Exactly, if you are a trader like shitcoin on cryptoria exchange, you will see anytime have shitcoin delist or go to @1 sat per coin after pump to thousand satoshi. And altcoin on exchange Poloniex not exception, you can check the chart Steem and CLAM in 2016 compare with the price in 2017, you will understand

[Rahar02]

There are some difference between trading altcoins and trading bitcoin, daily traders must know about this.
Trading is a gambling in my opinion, whether you make profits or loss.
But in bitcoin environment, there's no loss after I invest on it because the value of bitcoin keep increasing over time.
All I have to do is looking for the dip to buy and hold it for long term.
On the other hand, altcoins prices could change instantly depends on the market, so do not buy random coins but choose some famous altcoins, to check the prices look at coinmarketcap.

[stomachgrowls]

There are some difference between trading altcoins and trading bitcoin, daily traders must know about this.
Trading is a gambling in my opinion, whether you make profits or loss.
But in bitcoin environment, there's no loss after I invest on it because the value of bitcoin keep increasing over time.
All I have to do is looking for the dip to buy and hold it for long term.
On the other hand, altcoins prices could change instantly depends on the market, so do not buy random coins but choose some famous altcoins, to check the prices look at coinmarketcap.

Trading can really be gambling if you really dont know how to trade and if you are doing day tradings then for sure you will lose up money. You can able to say that you didnt lose up on bitcoin since you are pertaining on long term holds which would eventually give you profit knowing price do really increase in upcoming months or even on weeks/days basis. Trading on alts is somehow hard but actually they do have the same concept.

[Potchi]

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 am long on my investments and they are essentially my retirement funds. I still got a lot of years left to retire so I don't panic much about the corrections that happen. The secret to succeed in crypto is to hold on to projects that you believe in. And don't buy into shitty projects in the first place. This way, you panic less when tokens correct.

Actually having a goal in life and setting a lot of options in terms of trading is the best solution to avoid panic. And it is specifically panic in regards to selling when the price of a specific coin dump or drop. But we should always keep in mind that in the world of trading in a form of crypto-currency it is quite normal to experience the changes of price and value. It is just depends on how we are going to look up and stay are faith on the hands of Bitcoin. It is just a matter of decision making and management.

[RealPhotoshoper]

Before I was almost immune to price drop, but friend of mine was leader in panics, especially if eth or btc going down. After bigger stake has begun to circulate, i started panic mode by myself as well
i am not immune anymore ☹

I think the feeling of panic is natural to all humans, well if you dont you're not a human
At the least we feel it even we say we're use to dumps.
So if you're in panic mode better not to make decisions that can affect your future plans.
Better to put your thoughts together before anything else.

I think the point is on how people should deal with the panic situations.
The trends usually makes you doing a hurry decisions , it is never be a good thing.
Cooling down yourself , think about how if you play against most people? Take that risk and see the result.

[BobBct]

Well if you buy a BTC and the price decrease ALOT, Thats where you can panic.

[KingdomHearts]

When it come to the issue of panic or fear of losing your investment in crypto currency i am not afraid because I invest only what I can afford to lose, and that makes me strong in my long term investment. Some of the people who panicked when the market value of Bitcoin is loosing value could be that, they invested what they cannot afford to loose 20%. So it is advisable you invest what your can afford to lose most especially in crypto currency because of its volatility.

People are naturally afraid. This is why I think It is People will panic whether or not they invested what they can afford to lose. The problem here lies in the fact that majority of people only cares about "Moon" "Rocket" "Bull run" etc. When the market start head to a downtrend, They're easily shaken. But one thing I do believe is, There's a time for everything, A time to buy dips and a time for moon. I'm always prepared for what ever comes.

Yes you are completely right, we must prepare our self for whatever comes in the future and we know that real business man is those who love to take risk so when you get lose then don’t be panic it only makes you weak nothing more, just learn from your loss and then make your next move a million dollar move.

[fullhdpixel]

I panic when I see coinmarketcap web site with red colors and I start to think like "Oh my god, I think I lost my all" because I make margin trade with leverage. This is very risky, with a small decline I can lose my all.

Yep! Panicking when the prices dump badly is a normal thing in crypto trading. No matter how good you are at trading, there comes time when your coins make you panic badly. But the only solution to escape such situations with head high is to stay calm.

[melted349]

I panic when I see coinmarketcap web site with red colors and I start to think like "Oh my god, I think I lost my all" because I make margin trade with leverage. This is very risky, with a small decline I can lose my all.

Yep! Panicking when the prices dump badly is a normal thing in crypto trading. No matter how good you are at trading, there comes time when your coins make you panic badly. But the only solution to escape such situations with head high is to stay calm.

Exactly stay calm on that situation would probably help you a lot and set your mind for what is good and for what is the best way for.