status101
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August 03, 2017, 02:51:42 PM |
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but all preperation and working for hardfork is succesful and have a new bitcoin called bitcoin cash i dont panic to trade or exchange with different price o low to take all profit on altcoin is that time demand for rising profit ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Ferris419
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August 03, 2017, 02:54:46 PM |
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After buying any altcoin if the price of that coin continue to fall then it makes me panic very quickly and in that case I sell my coins at lower price which results in loss to me so now I am trying to improve my habit and hold it longer without getting panic.
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Bitcoin is gonna hit 100K usd
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ardentvolcanoes
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 03, 2017, 03:05:03 PM |
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After buying any altcoin if the price of that coin continue to fall then it makes me panic very quickly and in that case I sell my coins at lower price which results in loss to me so now I am trying to improve my habit and hold it longer without getting panic.
that's bad mate inside trading panic should not be along with you, self control and good mindset are the things that needed to be equipped when you are inside trading activity as soon as you understand the fluctuations the more you will able to take advantage but good for you since you already trying to improve this and experience really a good teacher for us.
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bitllionaire
Legendary
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August 03, 2017, 03:11:30 PM |
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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. i think even good investors and experienced people become confused and comes in panic, in fact it is again the nature of the human to accept the lose and specially when the lost is such big one.
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ThunderCatSteve
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August 05, 2017, 09:47:24 AM |
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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. Yep! It is crucial to do a thorough research about the market and the coin you are about to invest into. Only those who invest without proper details face great losses. Besides the coin into which you are investing matters a lot. If they are bitcoins; surely you are about to take a ride to moon. But if they are some newborn coins, obviously you are in loss.
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Yarsk
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August 05, 2017, 11:52:16 AM |
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Yes I have come to realizes and accept the fact that panic is one of the essential features of bitcoin or any other networking business, what cause panic most times is our inability to predict the future of bitcoin either if it will be on the increase of decrease level. But the fact still remains that panic do more harm then good in trading bitcoin or altcoin trading.
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Kevin77
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August 05, 2017, 01:23:04 PM |
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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. Yep! It is crucial to do a thorough research about the market and the coin you are about to invest into. Only those who invest without proper details face great losses. Besides the coin into which you are investing matters a lot. If they are bitcoins; surely you are about to take a ride to moon. But if they are some newborn coins, obviously you are in loss. Yes, the depth of our researches deciding the level of our success and possibility of getting panic during market hours. The asset where we are going to invest must be a prime factor for everything. When we are choosing a right asset then the chances to get panic will be completely eliminated in most of the cases. But traders get greedy so that they look for short-term big profits that is the reason to invest into improper assets and then getting panic during market hours which push them to make improper decisions and then losses.
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sameer dadarwal
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August 05, 2017, 01:54:08 PM |
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Yes people panic in this forum for different reasons.But most of the people panic for Bitcoin price.It is one of the main reason that why people panic.The Bitcoin price has a great impact on the people's mind.The continuos falling of price is the main reason why people became panic.
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BlackPanda
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August 05, 2017, 01:56:04 PM |
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Yes I have come to realizes and accept the fact that panic is one of the essential features of bitcoin or any other networking business, what cause panic most times is our inability to predict the future of bitcoin either if it will be on the increase of decrease level. But the fact still remains that panic do more harm then good in trading bitcoin or altcoin trading.
Panic is a very common thing. Everyone must have fear when he finds out that some of the money he has may be lost. Like when you have a coin and it turns out the coin continues to decline, he would have thought that selling it at this time is the best compared to waiting and getting the fact the price is going down.
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Jewell
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 06, 2017, 09:33:24 PM |
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Yes I have come to realizes and accept the fact that panic is one of the essential features of bitcoin or any other networking business, what cause panic most times is our inability to predict the future of bitcoin either if it will be on the increase of decrease level. But the fact still remains that panic do more harm then good in trading bitcoin or altcoin trading.
but i do not think that bitcoin is one of the most essential feather of bitcoin, i think people comes in panic and specially those people who do not have good experience in trading. in fact when the price start falling they become too much confused and therefore start selling, without studying the market and knowing about the market value.
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bohr
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 06, 2017, 09:40:04 PM |
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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. Also I would like to add is that bitcoin has more abrupt movements than most markets except altcoin, if you were to see that your investments in stocks are losing 1% or 2% then you do not worry but it was not long ago that bitcoin lost 30% in a single day, when people see that, they panic thinking that the drop is going to continue but as we know the price always recovers.
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gabmen
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 07, 2017, 05:46:22 AM |
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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. Also I would like to add is that bitcoin has more abrupt movements than most markets except altcoin, if you were to see that your investments in stocks are losing 1% or 2% then you do not worry but it was not long ago that bitcoin lost 30% in a single day, when people see that, they panic thinking that the drop is going to continue but as we know the price always recovers. Yeah always and when it recovers, it recovers well that you almost can expect a big price hike. Those wbo've transacting with btc for a long time now are aware of this movement and panic is not something that comes to mind whenever there's a price drop but an opportunity to buy low.
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Casdinyard
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August 07, 2017, 07:55:21 AM |
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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.
Or I can say that you're too over acting rather than panicking. As a trader I think in the first place that we should embrace volatility and treat it as part of our lives. We should be use to this. When the market is bloody red, dont worry because soon it will recover again. Of course. we sometimes lose as we trade but having a proper knowledge will prevent this.
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AngelSky
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 07, 2017, 08:13:03 AM |
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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. Also I would like to add is that bitcoin has more abrupt movements than most markets except altcoin, if you were to see that your investments in stocks are losing 1% or 2% then you do not worry but it was not long ago that bitcoin lost 30% in a single day, when people see that, they panic thinking that the drop is going to continue but as we know the price always recovers. It's not at all to be panic time. It's the time to gain your money with the help of bitcoin so.If you sell it today means,you get larger profit for your money and for which you keep that for long.Its the time to say cheers buddy.Not to worry.
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hahay
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August 07, 2017, 08:27:43 AM |
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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.
Or I can say that you're too over acting rather than panicking. As a trader I think in the first place that we should embrace volatility and treat it as part of our lives. We should be use to this. When the market is bloody red, dont worry because soon it will recover again. Of course. we sometimes lose as we trade but having a proper knowledge will prevent this. I guess it's a natural attitude from someone who keeps his money in lots of places (altcoins) when he see red colour in the many altcoins, but they not panic selling they're just shocked with what who happened. Patience and emotional control here is very necessary.
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13abyknight
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August 07, 2017, 08:35:50 AM |
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Yes people panic in this forum for different reasons.But most of the people panic for Bitcoin price.It is one of the main reason that why people panic.The Bitcoin price has a great impact on the people's mind.The continuos falling of price is the main reason why people became panic.
The price of Bitcoin isn't really a thing to panic about since everything has been cleared out since the BCH fork. Bitcoin has kept rising and when a trader sees a bit of a dip, he should never panic because its BTC in contention here. I don't know where you got the notion of 'continous falling of price' because all I see is green on the graphs for Bitcoin.
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Hamphser
Sr. Member
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August 07, 2017, 08:38:29 AM |
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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.
Or I can say that you're too over acting rather than panicking. As a trader I think in the first place that we should embrace volatility and treat it as part of our lives. We should be use to this. When the market is bloody red, dont worry because soon it will recover again. Of course. we sometimes lose as we trade but having a proper knowledge will prevent this. I guess it's a natural attitude from someone who keeps his money in lots of places (altcoins) when he see red colour in the many altcoins, but they not panic selling they're just shocked with what who happened. Patience and emotional control here is very necessary. Emotions would really be the main thing here because if we do see reds we do easily panic since we wont really like to see negative because we dont like to lose money and thats the time we do decide that we might panic sell to cut losses from those coins we do hold on. If you do believe on a certain coin you will really wait up for the price to comeback specially when we are holding Bitcoin too. Panic is normal but we should know how to control it.
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jpoker272727
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August 07, 2017, 09:10:37 AM |
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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.
Or I can say that you're too over acting rather than panicking. As a trader I think in the first place that we should embrace volatility and treat it as part of our lives. We should be use to this. When the market is bloody red, dont worry because soon it will recover again. Of course. we sometimes lose as we trade but having a proper knowledge will prevent this. I guess it's a natural attitude from someone who keeps his money in lots of places (altcoins) when he see red colour in the many altcoins, but they not panic selling they're just shocked with what who happened. Patience and emotional control here is very necessary. When you will be mature enough to accept losses as losses are just part of your trading then you will never get panic. Because seeing red while trading is most common and getting panic for this reason definitely will impact good performances with trading. If we want to focus on trading to make good profit then we should not give chances to get panic.
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olushakes
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August 07, 2017, 11:59:19 AM |
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For me, I don't panic again because most times decision made in that scenario is always a faulty one. At first, I a filled with so much uncertainty and a lot of thinking which led to panics but now, all I do is just to ask myself whether there is an urgent need to be met as a result of the sale. If its yes, I sell and if its no, I hold no matter how low or how high price is at the time and the reason for that is because at the end of the day I want to be fully sure that I had no other choice than to sell.
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Klausi
Sr. Member
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August 07, 2017, 12:27:53 PM |
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For me, I don't panic again because most times decision made in that scenario is always a faulty one. At first, I a filled with so much uncertainty and a lot of thinking which led to panics but now, all I do is just to ask myself whether there is an urgent need to be met as a result of the sale. If its yes, I sell and if its no, I hold no matter how low or how high price is at the time and the reason for that is because at the end of the day I want to be fully sure that I had no other choice than to sell.
Panic? I don't define panic to myself. Trading has its ways to increase if you sell your btc with its rate but no matter what cases it prevail, that's normal for in nothing is permanent and it remains a constant change. A change that will surely make you take a serious action when trading is too slow or has a low value. Surprisingly when you have patience with you all the time.
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