JeffBrad12
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August 28, 2017, 09:59:47 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?
I think Panoc comes when you mindlessly throw away logic and just give in to your fear or anxiety or to whatever you are seeing and not planning something. However what I do during those times is that I take a rest and plan out what are my options and check which is a compromise that I willing to take. I think the panic also comes form the fact that many people do not know what is their goal when they trade, if you buy an alt and you know that the only thing you want to do with is to hold for the long term, then you do not get panic if you see the price going down, you just accept that and you may even buy more of that alt, but if you are not convinced about your investment you are going to begin to second guess your decision to hold for the long term. Not true, Some people were realized that if the price will have got dumped again and they will be in the loss area and that is the real reason to make those are feeling panic, Because the dump will be affecting their mentality and it can make them feel stressed. Because they are wanna get the profit as much as they can but never try to make a target.
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batang_bitcoin
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August 28, 2017, 11:34:15 PM |
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I usually panic hard ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) after the price gone below my selling price I'll usually buy some more because why not? I'm staying away from trading at this moment, I prefer long term investment this day. My mind has been settled too for long term investments because I personally will say that panicking is one of the habit that traders shouldn't have. This will destroy your very momentum in trading because your not focus in long term investment and you are letting your emotions drill you easily. That's why just hold your bitcoin and sleep all year round.
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Rent this sig space so that BTC goes to $100k.
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MintCondition
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August 29, 2017, 03:33:17 AM |
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I usually panic hard ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) after the price gone below my selling price I'll usually buy some more because why not? I'm staying away from trading at this moment, I prefer long term investment this day. My mind has been settled too for long term investments because I personally will say that panicking is one of the habit that traders shouldn't have. This will destroy your very momentum in trading because your not focus in long term investment and you are letting your emotions drill you easily. That's why just hold your bitcoin and sleep all year round. Yup, and wait for it value till it goes to the moon. When it didn't goes in the amount you expected ot to reach never panic or sell it. Focus and hold on to your words. Especially if you study the coin very well and you know how to read graphd then we're on the right track.
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Sled
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August 29, 2017, 06:35:38 AM |
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I usually panic hard ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) after the price gone below my selling price I'll usually buy some more because why not? I'm staying away from trading at this moment, I prefer long term investment this day. My mind has been settled too for long term investments because I personally will say that panicking is one of the habit that traders shouldn't have. This will destroy your very momentum in trading because your not focus in long term investment and you are letting your emotions drill you easily. That's why just hold your bitcoin and sleep all year round. Yup, and wait for it value till it goes to the moon. When it didn't goes in the amount you expected ot to reach never panic or sell it. Focus and hold on to your words. Especially if you study the coin very well and you know how to read graphd then we're on the right track. When the price of a particular coin doesn't reach your expectation then just read some news and also from feedbacks of different people who also invested so you can have a vision if the coin is still a good coin to hold or it is a good timing to sell it. Just keep doing fundamental analysis because it will help you a lot and panicking is not for a great investor because it is only for the weak hand people.
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Suromenggolo
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August 29, 2017, 11:49:44 AM |
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I think the panic is one of human nature, the panic of the moment will arise because we can not predict naek down its price. so when we panic the losses that we will get, because when treding we really need ketenangna.
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reliable
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August 29, 2017, 02:18:45 PM |
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I think the panic is one of human nature, the panic of the moment will arise because we can not predict naek down its price. so when we panic the losses that we will get, because when treding we really need ketenangna.
Human nature is vary moody. At small things it consumer or take a lot of stress and bigger problems is overlooked by many. When you enter the bitcoin world one thing should be considered in mind that price is very volatile . In 15 mins it can drop or rise 100 - 200 $ . So patience is the key. If you can just hold back to it price will come but may take some time or else it can come back quickly and even surpass it and rise 200$ more. Its all about holding at the right time.
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malikusama
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August 29, 2017, 02:23:55 PM |
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It's a natural thing mate and i think everyone get panic while having a tough time in trading. I panic sometimes during the trading of altcoins and yes i sometimes regret later that why i did it. I am quite comfortable and relax while trading bitcoins, when the price of bitcoin falls instead of getting panic i wait for the price to rise again while holding them.
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NavySeals
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August 29, 2017, 02:32:41 PM |
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It's a natural thing mate and i think everyone get panic while having a tough time in trading. I panic sometimes during the trading of altcoins and yes i sometimes regret later that why i did it. I am quite comfortable and relax while trading bitcoins, when the price of bitcoin falls instead of getting panic i wait for the price to rise again while holding them.
It's natural but overdose panic is harmful. It happens to me when I carry too much altcoins. When I'm in bitcoin, I never panic. Totally trusting bitcoin, not altcoins.
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BlackPanda
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August 29, 2017, 02:42:26 PM |
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It's a natural thing mate and i think everyone get panic while having a tough time in trading. I panic sometimes during the trading of altcoins and yes i sometimes regret later that why i did it. I am quite comfortable and relax while trading bitcoins, when the price of bitcoin falls instead of getting panic i wait for the price to rise again while holding them.
Panic is very difficult to remove from the attitude of many people. Maybe panic is a thing that every traders must have experienced. To avoid panic I usually always think quietly and maybe I will sleep when the situation I can not control. This will not make me able to make the right decision. Better avoid panic and then start over when the time is right.
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BunnyShibe
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August 29, 2017, 11:20:32 PM |
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I think the panic is one of human nature, the panic of the moment will arise because we can not predict naek down its price. so when we panic the losses that we will get, because when treding we really need ketenangna.
may be it is in nature but i think that it is different in different occasion. for example if a person is very new in trading and he do not have any experience then he will surely come in panic but if he has some good experience then he will take a right decision in right time and will never come in panic, and i think we have very good example when the price of bitcoin start dropping some people start selling in panic without studying about the market.
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hurain
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August 29, 2017, 11:36:45 PM Last edit: August 30, 2017, 02:45:32 AM by hurain |
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It's a natural thing mate and i think everyone get panic while having a tough time in trading. I panic sometimes during the trading of altcoins and yes i sometimes regret later that why i did it. I am quite comfortable and relax while trading bitcoins, when the price of bitcoin falls instead of getting panic i wait for the price to rise again while holding them.
Panic is very difficult to remove from the attitude of many people. Maybe panic is a thing that every traders must have experienced. To avoid panic I usually always think quietly and maybe I will sleep when the situation I can not control. This will not make me able to make the right decision. Better avoid panic and then start over when the time is right. yes that is right, in fact it is in nature of the people. i think it is different from person to person. some people who do not have more experience in trading they get panic very soon as compare to those people who have send good time in trading. in fact some people also remain week as naturally and even after passing time in their file they still remain as week.
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bandungan
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August 30, 2017, 06:42:41 AM |
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It's a natural thing mate and i think everyone get panic while having a tough time in trading. I panic sometimes during the trading of altcoins and yes i sometimes regret later that why i did it. I am quite comfortable and relax while trading bitcoins, when the price of bitcoin falls instead of getting panic i wait for the price to rise again while holding them.
Panic is very difficult to remove from the attitude of many people. Maybe panic is a thing that every traders must have experienced. To avoid panic I usually always think quietly and maybe I will sleep when the situation I can not control. This will not make me able to make the right decision. Better avoid panic and then start over when the time is right. yes that is right, in fact it is in nature of the people. i think it is different from person to person. some people who do not have more experience in trading they get panic very soon as compare to those people who have send good time in trading. in fact some people also remain week as naturally and even after passing time in their file they still remain as week. the most important thing to avoid panic when going to trading is to take a closer look at every step of the trading and the end result. because, not just beginners who often experience panic at the time of trading, but also old players sometimes often experience panic when unexpected results come. panic can just come to the live how we control panic in various situations.
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Koadharber
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August 30, 2017, 07:04:16 AM |
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It's a natural thing mate and i think everyone get panic while having a tough time in trading. I panic sometimes during the trading of altcoins and yes i sometimes regret later that why i did it. I am quite comfortable and relax while trading bitcoins, when the price of bitcoin falls instead of getting panic i wait for the price to rise again while holding them.
Panic is very difficult to remove from the attitude of many people. Maybe panic is a thing that every traders must have experienced. To avoid panic I usually always think quietly and maybe I will sleep when the situation I can not control. This will not make me able to make the right decision. Better avoid panic and then start over when the time is right. yes that is right, in fact it is in nature of the people. i think it is different from person to person. some people who do not have more experience in trading they get panic very soon as compare to those people who have send good time in trading. in fact some people also remain week as naturally and even after passing time in their file they still remain as week. the most important thing to avoid panic when going to trading is to take a closer look at every step of the trading and the end result. because, not just beginners who often experience panic at the time of trading, but also old players sometimes often experience panic when unexpected results come. panic can just come to the live how we control panic in various situations. You are right, panic isnt really only for those newbie traders but also to old once, there no exception on this kind of feeling because there are really instances on which we do really suffer loses and would really be on doubt or confusion on how we did lose. Realizations and self study on your own trade executions would really help you out on which part you did make a mistake and later on you would apply it into your next trade set-ups.
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Cobalt9317
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August 30, 2017, 07:12:20 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?
I was panicking when my altcoin is getting dump fastly It made me think that I can't afford to lose, so instantly I dump all my coins and try to buy the coins that getting dump fastly cause hypothetically speaking it could and may not recover. I'm prepared for the worst case scenario though.
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Tipstar
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August 30, 2017, 07:15:33 AM |
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When you fall deep for a scam coin, you do panic. And in my trading experience, trading have dealt me loss than profit. (Though holding compensated that)
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rodel caling
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August 30, 2017, 07:17:49 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?
i think nothing to worry about badly dump in trading for me thats the part of the curreny mostly in trading industry you need to patience and a positive thinking for the investment, after the value dump the next of that is pumping goes uprise the value of coins, thats only my opinion.
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melted349
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August 30, 2017, 07:55:30 AM |
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It's a natural thing mate and i think everyone get panic while having a tough time in trading. I panic sometimes during the trading of altcoins and yes i sometimes regret later that why i did it. I am quite comfortable and relax while trading bitcoins, when the price of bitcoin falls instead of getting panic i wait for the price to rise again while holding them.
Panic is very difficult to remove from the attitude of many people. Maybe panic is a thing that every traders must have experienced. To avoid panic I usually always think quietly and maybe I will sleep when the situation I can not control. This will not make me able to make the right decision. Better avoid panic and then start over when the time is right. yes that is right, in fact it is in nature of the people. i think it is different from person to person. some people who do not have more experience in trading they get panic very soon as compare to those people who have send good time in trading. in fact some people also remain week as naturally and even after passing time in their file they still remain as week. the most important thing to avoid panic when going to trading is to take a closer look at every step of the trading and the end result. because, not just beginners who often experience panic at the time of trading, but also old players sometimes often experience panic when unexpected results come. panic can just come to the live how we control panic in various situations. You are right, panic isnt really only for those newbie traders but also to old once, there no exception on this kind of feeling because there are really instances on which we do really suffer loses and would really be on doubt or confusion on how we did lose. Realizations and self study on your own trade executions would really help you out on which part you did make a mistake and later on you would apply it into your next trade set-ups. And yet there is no such thing to be expected when you feel panic so its your choice on how you handle it maybe as stay calm may help you but depends how calm you are. And making a self study is not enough experience is a must.
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mast3rm1nd
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August 30, 2017, 09:48:31 AM |
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in one of my not best of moments; I bought a coin at 600% up thinking it'll still go further up. as soon as I bought the price crashed and started plummeting down. don't know if it's panic but at that moment I started hysterically laughing as I watched my investment go down more than 80% I couldn't sell; I couldn't do anything.
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Sled
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August 30, 2017, 10:35:26 AM |
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I panic sometimes by not sleeping at night and desperately staring the price chart in hope that it will go up.
Instead of doing that, i think it is better if you will think for the possible solution for the problem that you have been facing because that acts will not help you because it is not that right for me and it is better to study the problem and determine the mistakes that you did and correct it for the next trade that you will do.
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warwar
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August 30, 2017, 10:39:02 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?
Well now in mco it is panic time because it really dumps a lot and I couldn't see any chance of pumps I want to sell my.coins but now I stop my self, I know it takes time to pump it agains I think months but I dont need money right now I.just wait the perfect timing to sell my.coins
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