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Author Topic: How do you Panic?  (Read 39843 times)
gekon
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September 03, 2017, 08:01:37 AM
 #401

We're always get panic when the price going down seriously, noone gets panic cause the price going up. So you have to wait or sell it immediately to save your funds. My advise is relax, looking for information why the price going down and pick the right solution. Remember coins are dumping and pumping.
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September 03, 2017, 10:23:08 AM
 #402

Profit gets risky especially for beginners, because you will not know if the price will go down or up, so just panic if you lost you investment. Shocked
I don’t think that being panic will make any difference except this that it will make your life disturbing. Ups and downs are actually the part of life. You really need to learn from your mistakes instead of sitting down in corner and holding you head. You need to be brave.
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September 03, 2017, 11:04:05 AM
 #403

I have no panic. I come here for learning. As a beginner I trying to understand all section in this forum. I am keeping study more and more for learning. I hope I will success someday.
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September 03, 2017, 11:52:59 AM
 #404

I don't panic really. When an altcoin I hold drops I know it will recover eventually because I always analyze my investment before investing in the first place. I think I will consider panicking once the internet shuts off for some reason.
It is good for you that you do not experience to panic in terms of decision making on trading and investment maybe your strategy is way to good and organize so you could manage it well. For me I also do the same thing so I often do panic selling in terms of my trading and I also do set goal for me to look up to in case i have doubts on the movement of bitcoin price or any other altcoins.
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September 03, 2017, 02:40:03 PM
 #405

I took two decisions if I panicked.
first I sell all the coins I have and repack them again at the lowest price.
if the first way does not allow me to use the second decision that holds my coins until the price returns to normal.
but this decision is very boring for me.
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September 03, 2017, 03:03:38 PM
 #406

There are now panic sales, you know that the bitcoin has gone up to $ 5,000 last week, but now it has fallen by $ 4,413.0, the top buyers panicked.

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mia khalifa
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September 04, 2017, 06:32:54 AM
 #407

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?

yes I've experienced panic and the stupid thing I do is sell it, but a few days later the coin is experiencing price increases, so I will hold my coin when it is dumped.
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September 04, 2017, 06:36:57 AM
 #408

There are now panic sales, you know that the bitcoin has gone up to $ 5,000 last week, but now it has fallen by $ 4,413.0, the top buyers panicked.

yes I just laughed to see the main buyers panic sell, he should buy again because it can be a low price moment.
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September 04, 2017, 12:54:54 PM
 #409

when i was a newvie in btc tradding i afraid all time when coin dump. but now a days i dont panic.
Same with me, when I was a newbie in bitcoin trading, I often panicked when the prices of the coin that I bought down, so I always cut loss and as a result I lost my money but now i am never panicked again because I'm sure the prices will rise up, but sometimes I'm still can not be patient and still doing cut lose 😁😁😂
This is very good that you learnt from your past mistakes. Being panic is never the solution of any problem. It hardly helps you except this that it makes you to decide something which is even worst. You need to have patience and remain calm even at the time of stress. This will help you a lot.
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September 04, 2017, 06:40:38 PM
 #410

when i was a newvie in btc tradding i afraid all time when coin dump. but now a days i dont panic.
Same with me, when I was a newbie in bitcoin trading, I often panicked when the prices of the coin that I bought down, so I always cut loss and as a result I lost my money but now i am never panicked again because I'm sure the prices will rise up, but sometimes I'm still can not be patient and still doing cut lose 😁😁😂
This is very good that you learnt from your past mistakes. Being panic is never the solution of any problem. It hardly helps you except this that it makes you to decide something which is even worst. You need to have patience and remain calm even at the time of stress. This will help you a lot.
yes that is right that panic is not the solution we need to have good knowledge and study about the market so that we can take a right decision in a right time. i think that with the passage of time people become mature and they realize the reality. but it take some time to get experience because experience is too much important in every field of life.
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September 04, 2017, 06:47:27 PM
 #411

I do not worry about crashing because its a good opportunity to buy them now and make profit later in the long or short run.
Keep clam and keep your head cool Grin
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September 05, 2017, 07:28:50 AM
 #412

when i was a newvie in btc tradding i afraid all time when coin dump. but now a days i dont panic.
Same with me, when I was a newbie in bitcoin trading, I often panicked when the prices of the coin that I bought down, so I always cut loss and as a result I lost my money but now i am never panicked again because I'm sure the prices will rise up, but sometimes I'm still can not be patient and still doing cut lose 😁😁😂
This is very good that you learnt from your past mistakes. Being panic is never the solution of any problem. It hardly helps you except this that it makes you to decide something which is even worst. You need to have patience and remain calm even at the time of stress. This will help you a lot.
Panic would never a solution to anything except making some wrong decisions and a bad future. Every trader must digest this fact at his/her start that risks are there in the playground when you are playing with price charts, bitcoins, and exchangers. So be patient in your decisions and make sure of having a firm grip over it.

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naira
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September 05, 2017, 08:34:03 AM
 #413

There are now panic sales, you know that the bitcoin has gone up to $ 5,000 last week, but now it has fallen by $ 4,413.0, the top buyers panicked.

yes I just laughed to see the main buyers panic sell, he should buy again because it can be a low price moment.
I am one of those who panic when the price goes down, after reading this I will try to buy back
I am very sad always panic, I must be calm in the face of this

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September 05, 2017, 12:52:29 PM
 #414

There are now panic sales, you know that the bitcoin has gone up to $ 5,000 last week, but now it has fallen by $ 4,413.0, the top buyers panicked.

yes I just laughed to see the main buyers panic sell, he should buy again because it can be a low price moment.
I am one of those who panic when the price goes down, after reading this I will try to buy back
I am very sad always panic, I must be calm in the face of this
Be the first panic. U still win by buy back when people stop panic

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September 05, 2017, 02:12:47 PM
 #415

when i'm new in trading the price down makes me panic and I sell everything so as not to get bigger losses. some time later the price went back up and i get frustrated. This is a good experience in my trading for now
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September 05, 2017, 03:30:39 PM
 #416

I panic sometimes by not sleeping at night and desperately staring the price chart in hope that it will go up.


That,s worst scenario, human's brain is "overcharged" in the evening and more vulnerable ....need rest minimum 6 hours
Just like overheated comp...

May cause unreasonable decision, especially in such field as trade currencies is... IMO

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September 05, 2017, 03:36:15 PM
 #417

when i was a newvie in btc tradding i afraid all time when coin dump. but now a days i dont panic.
Same with me, when I was a newbie in bitcoin trading, I often panicked when the prices of the coin that I bought down, so I always cut loss and as a result I lost my money but now i am never panicked again because I'm sure the prices will rise up, but sometimes I'm still can not be patient and still doing cut lose 😁😁😂
This is very good that you learnt from your past mistakes. Being panic is never the solution of any problem. It hardly helps you except this that it makes you to decide something which is even worst. You need to have patience and remain calm even at the time of stress. This will help you a lot.
yes that is right that panic is not the solution we need to have good knowledge and study about the market so that we can take a right decision in a right time. i think that with the passage of time people become mature and they realize the reality. but it take some time to get experience because experience is too much important in every field of life.
Actually if you are day trader on market as me, very difficult for know the scenario of whales and avoid the loss when trading. Because they always change their scenario when we understand hold or trade is good lol Grin. Experience and your emotion are factors can help you suceed in trade.

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September 05, 2017, 04:58:42 PM
 #418

when i was a newvie in btc tradding i afraid all time when coin dump. but now a days i dont panic.
Same with me, when I was a newbie in bitcoin trading, I often panicked when the prices of the coin that I bought down, so I always cut loss and as a result I lost my money but now i am never panicked again because I'm sure the prices will rise up, but sometimes I'm still can not be patient and still doing cut lose 😁😁😂
This is very good that you learnt from your past mistakes. Being panic is never the solution of any problem. It hardly helps you except this that it makes you to decide something which is even worst. You need to have patience and remain calm even at the time of stress. This will help you a lot.
yes that is right that panic is not the solution we need to have good knowledge and study about the market so that we can take a right decision in a right time. i think that with the passage of time people become mature and they realize the reality. but it take some time to get experience because experience is too much important in every field of life.
Actually if you are day trader on market as me, very difficult for know the scenario of whales and avoid the loss when trading. Because they always change their scenario when we understand hold or trade is good lol Grin. Experience and your emotion are factors can help you suceed in trade.
whales are very difficult to predict, but the most important is our emotions and mental from within. whether to survive or give up in trading.

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September 05, 2017, 06:01:47 PM
 #419

I used to panic but right now. It is really easy to control my emotion during trading and therefore, I can say that I am no longer panic anymore. Patience is the main key in trading and if you are not patient, you should not start trading at all. The market always goes up and down and that it a permanent rule. You can not change it.
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September 05, 2017, 11:08:02 PM
 #420

I try to refrain from selling on a loss, because ultimately you haven't lost money until you sell.

When a market just bombs, even against the TA - sometimes it's hard to resist that panic.
I think the best way to avoid to panic is to be completely sure before you even invest in a coin, if you know that the project you have invested is a good one then you do not have a reason to worry, in fact you could take that opportunity to buy even more, that way you reduce the average price of your investment and when the market goes back to normal you will be in profit.
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