How do you Panic?

[Gameroid]

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.

although i am feeling a little confused but still not going to take any panic. i am not selling my bitcoin in panic condition. i will like to hold my bitcoin for the price increase because i am sure that bitcoin price will continue increasing and hope that it will cross even 4000$ in next few months,

[aoihs00]

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.

Yeah but the question is asking how would you tackle the panic situation. Just staying calm is not the solution really, because you have to overcome your Panick mind which is not calm. The only thing we can do in such case is to think on the trade itself and try to come out with an solution which will give you a way out from big losses. This will make your mind stable. This is important to overcome any losses during the trade.

[maydna]

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.

althogh i am felling a little confused but still not going to take any panic. i am not selling my bitcoin in panic condition.

we need to control our emotion to not getting panic when we see the price is out from our prediction. we need to stay calm like above me said and trying to not panic. my method to not get panic is when i already buy the coins, i am not take a look in the market and if i take a look, i just watch in a moment like 2 minutes and if i see the price is down, i just close the market, do some other work or take around in my city so i don't get stress with the coin. so far its work for me and i can handle my emotion with good.

[Przemax]

There are times for panic. But there should be no time to panic sell on a bull market, and no buy panic mode on the bear market. First you need to indentify on what market are you on, and react accordingly.

And if you want to panic or you know you could better do that the earliest way possible. If you are late to that, you should just hold up the storm as a better way of reacting to the price fluctuation, as you can not know when the storm will be over. Maybe it will be over just after you panic.

[bohr]

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?

The most important thing is to not panic and think about the nature of your investment, if you are in a solid coin like bitcoin then you should hold the price will recover but if you are in a bad coin then it is better to sell as fast as possible before the coin loses all its value.

[raven7886]

There are times for panic. But there should be no time to panic sell on a bull market, and no buy panic mode on the bear market. First you need to indentify on what market are you on, and react accordingly.

Probably it must be old way of trading like buy when everyone is selling and sell when everyone is buying. I believe it will be possible only when you are capable of identifying market extremes. Otherwise you may get struck in between and may need to wait for long hours/day to recover.

And if you want to panic or you know you could better do that the earliest way possible. If you are late to that, you should just hold up the storm as a better way of reacting to the price fluctuation, as you can not know when the storm will be over. Maybe it will be over just after you panic.

No one will prefer to get panic. Only due to lack of strong technical analysis they find situations to get panic during trading. I guess when traders will be gaining experiences and knowledge, they can avoid those panic situations.

[Jody.Drummer]

Tranquility is desperately needed at a time when prices are falling and we know that someday they will surely come back at a price that might surprise you .. when falling so many that panic and the key is still the same we need tranquility 

[boyptc]

No one will prefer to get panic. Only due to lack of strong technical analysis they find situations to get panic during trading. I guess when traders will be gaining experiences and knowledge, they can avoid those panic situations.

Yeah no one prefers to get panic but when seeing the price falling everyone seems to do it just to chase the profits that they can still possibly make. I did this before and I had to admit until now I still belong to the panickers club. I just sell whenever others are selling and make the price lower.

[1Referee]

Tranquility is desperately needed at a time when prices are falling and we know that someday they will surely come back at a price that might surprise you .. when falling so many that panic and the key is still the same we need tranquility 

If one understands how this market works, knows and accepts the risks of the volatility, and doesn't invest with money that isn't meant to be invested, or in extreme cases doesn't trade/invest with borrowed money, that person will remain calm and wait out for things to settle. If you look back at how the market has been performing throughout the years, you'll understand that it has recovered from basically any sort of negavity/drama. On the other hand, reality shows that people don't know how this market works, don't know what the risks are, they in most cases greatly over-invest, etc. It's almost impossible for these people to calm down in periods with heavy volatility. Their first priority at the time the price falls, is to panic sell (mostly all their coins at once) in order to prevent them from suffering even more losses.

[fanbeila]

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 was in early times of my trading when i got panic due to some market situations as i lacked experience and i had no clear idea about crypto coins.To avoid such situations,we have to do a thorough research and find the most under valued coin.By investing in such coin,we could remain cool even when our invested coin goes down in price as we know that it would recover soon.Panic selling is carried out mostly by newbies as they don't have clear knowledge about crypto market.

[karabasss]

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 was in early times of my trading when i got panic due to some market situations as i lacked experience and i had no clear idea about crypto coins.To avoid such situations,we have to do a thorough research and find the most under valued coin.By investing in such coin,we could remain cool even when our invested coin goes down in price as we know that it would recover soon.Panic selling is carried out mostly by newbies as they don't have clear knowledge about crypto market.

Panic sales are made only by beginners. An experienced trader usually has strong nerves. And those who have weak nerves have long since left trading.
I'm still a beginner in trading, so I make mistakes. Now they are connected with the fact that I doubt for a long time whether to buy or not, and then buy when the price is too high

[Zenithar]

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 was in early times of my trading when i got panic due to some market situations as i lacked experience and i had no clear idea about crypto coins.To avoid such situations,we have to do a thorough research and find the most under valued coin.By investing in such coin,we could remain cool even when our invested coin goes down in price as we know that it would recover soon.Panic selling is carried out mostly by newbies as they don't have clear knowledge about crypto market.

Panic sales are made only by beginners. An experienced trader usually has strong nerves. And those who have weak nerves have long since left trading.
I'm still a beginner in trading, so I make mistakes. Now they are connected with the fact that I doubt for a long time whether to buy or not, and then buy when the price is too high

yes that is is right that those people who do not have any experinece they really come in panic. they cannot bare to hold bitcoin and not to sell it. in fact they cosider that if the price  will fell down they will lose everything they have but to me i think one can only get profit from bitcoin investment if he has the coure to hold their bitcoin even in panic like conditions. but such courage can only be found in experienced traders and investors.

[bohr]

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.

The problem is that this is easier said than done, unless you are rich then it is very likely that you care a lot about your investments and when those investments grow then you feel happy but when something happens and you see all your investments losing ground the panic appears, this is the most difficult part about being a trader, the charts may say that everything is going to be fine but that gut feeling that is telling you to sell and to not accept even more losses can be very difficult to turn off.

[wiked1]

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.

Maybe you panic because you are high?

[ladydark]

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?

If you invest without making any researches blindly on seeing the market conditions that some coins are increasing in price,then you would have to get panic when its price drops and you would have to sell it in loss.On the other hand,if you do a thorough survey and find the most under valued coin and invest in it,then you need not have to get panic even if its price drops as you already know that its price is going to increase in future.

[Fireblade]

No one will prefer to get panic. Only due to lack of strong technical analysis they find situations to get panic during trading. I guess when traders will be gaining experiences and knowledge, they can avoid those panic situations.

Yeah no one prefers to get panic but when seeing the price falling everyone seems to do it just to chase the profits that they can still possibly make. I did this before and I had to admit until now I still belong to the panickers club. I just sell whenever others are selling and make the price lower.

yes that is right that bitcoin price has a very deep impact on mind of the people, when they see the price falling down then they cannot bare to hold their position and sell even in lost.

[Mr. Regi]

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.

Why do you even trade on margin?
It's so damn useless and super risky, there are a lot of coins that can give you the same results but with less volume always of course.
To trade with leverage you have to be a minimum experienced and judging by what you say I don't think you are experienced enough.

[webdevmastery]

I experienced alot of fear when my coins value is going down when im just starting trading and i dont know that much about what to do in those times. Good thing to do is just wait for the value of it to increase again. Dont sell all your coins because the value is always changing. Always try to analyze  before investing.

[stomachgrowls]

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?

Always keep calm and hodl as long as you can because as long you didnt sell off those coins you are still not on the losing side. Seeing them on negative does really hurt and would really give you a sense of panic because we wont really like to lose up money. This is how trading works or even on investments thats why its always a wise move not to panic easily and rather think on other things which would able to recover those loses on other ways.

[xIIImaL]

No one will prefer to get panic. Only due to lack of strong technical analysis they find situations to get panic during trading. I guess when traders will be gaining experiences and knowledge, they can avoid those panic situations.

Yeah no one prefers to get panic but when seeing the price falling everyone seems to do it just to chase the profits that they can still possibly make. I did this before and I had to admit until now I still belong to the panickers club. I just sell whenever others are selling and make the price lower.

yes that is right that bitcoin price has a very deep impact on mind of the people, when they see the price falling down then they cannot bare to hold their position and sell even in lost.

This is done by every people in the forum. People who have new to the forum they may be sell out the bitcoin due to fear of loosing their coin in price wise. Some of the people who are use to save the bitcoin anytime and waiting to find right to sell out or make as investment in btc related business.