How do you Panic?

[smusanne]

I find that for the most part I tend to panic once the price of my coins is crashing but has recovered slightly and I do not know if it will crash again or recover fully. I find it is best to just remain clear headed and think with clarity but I know that my fear inhibits that slightly. I am however very good at forgetting about a trade once i have made a decision.

[knightmairesaint]

I find that for the most part I tend to panic once the price of my coins is crashing but has recovered slightly and I do not know if it will crash again or recover fully. I find it is best to just remain clear headed and think with clarity but I know that my fear inhibits that slightly. I am however very good at forgetting about a trade once i have made a decision.

Right, it is very important to be able to think clearly while trading. Monitoring the market price is somehow an can be very stressful and if we get emotional in monitoring, it can lead decisions that we are going to regret.

I have panic sell during the hard fork. I have lost more than 50% profit that I could have earned. I really do regret it and I wish that I could go back time to stop myself from selling. But of course, I cannot and what I can only do is to accept what happened.

[BitPACK]

this crypto world peoples are very interesting. they are panicing very fast and dumping what they have.

[bengems]

I don't panic, I buy at an average and sell at an average on shit exchanges with no stop loss. I use stop loss to increase my potential profit on nicer exchanges, in this manner my mind is at rest and no need of panicking

[zaky85]

I was very panicked when the price of bitcoin suddenly dropped away once yesterday, all my assets directly I pull white cut lose and leave only a few coins in the wallet.

[Jobstik]

I just close twitter, blockfolio, telegram for 1-2 days.

[hammo]

why the people think for daily base i really can't understand. you don't need to follow prices everyday and you don't need to make panic.

[Carlsen]

I panic with a lot of calm.
Often I think that this time it's gonna be the real deal. The one time when it all breaks appart and the investment goes belly up.
But my experience tells me that it's going to be like every other time before, just a storm in a teacup.
My investments are usually well chosen and balanced. Even if setbacks in one area occure, I know that I have others that will compensate that.

[Jating]

I have seen a lot of replies here and most of experienced traders are not really affected and do not panic. And for those who panic, its really their emotions telling them to sell instead of using logic that it is better to hold in and not push the sell button. As for me, I don't have the chance yet to experienced such panic because although I'm not new to the bitcoin world, I'm just starting after being a lurker. I will kept the advise that I read here and hope that I will not panic if ever.

[geegaw]

I find that for the most part I tend to panic once the price of my coins is crashing but has recovered slightly and I do not know if it will crash again or recover fully. I find it is best to just remain clear headed and think with clarity but I know that my fear inhibits that slightly. I am however very good at forgetting about a trade once i have made a decision.

Right, it is very important to be able to think clearly while trading. Monitoring the market price is somehow an can be very stressful and if we get emotional in monitoring, it can lead decisions that we are going to regret.

I have panic sell during the hard fork. I have lost more than 50% profit that I could have earned. I really do regret it and I wish that I could go back time to stop myself from selling. But of course, I cannot and what I can only do is to accept what happened.

Trading is a psychological game, and if your psyche is affected, you will easily panic and make the wrong decision, I know we have a lot of fear to face in trading. Fear of losing money, fear of losing, fear of falling prices, but we need to calm down and control our emotions more, and the key to this is knowledge, knowledge helps us to know the problem more clearly, it is the basis and also the reason that helps us to have confidence in our decisions, without it, our beliefs are easily collapsed.

[melted349]

I find that for the most part I tend to panic once the price of my coins is crashing but has recovered slightly and I do not know if it will crash again or recover fully. I find it is best to just remain clear headed and think with clarity but I know that my fear inhibits that slightly. I am however very good at forgetting about a trade once i have made a decision.

Right, it is very important to be able to think clearly while trading. Monitoring the market price is somehow an can be very stressful and if we get emotional in monitoring, it can lead decisions that we are going to regret.

I have panic sell during the hard fork. I have lost more than 50% profit that I could have earned. I really do regret it and I wish that I could go back time to stop myself from selling. But of course, I cannot and what I can only do is to accept what happened.

Trading is a psychological game, and if your psyche is affected, you will easily panic and make the wrong decision, I know we have a lot of fear to face in trading. Fear of losing money, fear of losing, fear of falling prices, but we need to calm down and control our emotions more, and the key to this is knowledge, knowledge helps us to know the problem more clearly, it is the basis and also the reason that helps us to have confidence in our decisions, without it, our beliefs are easily collapsed.

I agree with you that trading is a psychological game it is a test on how you handle your emotions and it test your personal attitude for who you are how patiently you are interms of this method so for me panicking is not be a good attitude for the trader maybe for what you have experienced here may truly help you to be a good trader.

[bohr]

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.

I think it also depends on the size of your investment, many people in the forum state that they have a lot of money in bitcoin and other cryptocurrencies, if another person has investments on bitcoin but also has investments in stocks and gold then that person is not going to panic because he does not have all his money invested in bitcoin and if you have several investment you know that sometimes your investments are going to be doing well and sometimes your investments are going to go down but with experience you get used to these movements on the market.

[SastraID]

I not panic,, just hold my coin, i believe will pump again
easily panic will make wrong decision
 

[Paycoinzzz]

I find that for the most part I tend to panic once the price of my coins is crashing but has recovered slightly and I do not know if it will crash again or recover fully. I find it is best to just remain clear headed and think with clarity but I know that my fear inhibits that slightly. I am however very good at forgetting about a trade once i have made a decision.

Right, it is very important to be able to think clearly while trading. Monitoring the market price is somehow an can be very stressful and if we get emotional in monitoring, it can lead decisions that we are going to regret.

I have panic sell during the hard fork. I have lost more than 50% profit that I could have earned. I really do regret it and I wish that I could go back time to stop myself from selling. But of course, I cannot and what I can only do is to accept what happened.

Trading is a psychological game, and if your psyche is affected, you will easily panic and make the wrong decision, I know we have a lot of fear to face in trading. Fear of losing money, fear of losing, fear of falling prices, but we need to calm down and control our emotions more, and the key to this is knowledge, knowledge helps us to know the problem more clearly, it is the basis and also the reason that helps us to have confidence in our decisions, without it, our beliefs are easily collapsed.

I agree with you that trading is a psychological game it is a test on how you handle your emotions and it test your personal attitude for who you are how patiently you are interms of this method so for me panicking is not be a good attitude for the trader maybe for what you have experienced here may truly help you to be a good trader.

Well, if you can keep your calm and opinion, do not let anyone changes your thought, you will have high ratio winning in this field.
Of course, it just useful when your predict is right, sometimes, keep your opinion just make you do not accept your loss

[to378972]

There are some differences between business aircraft and bitcoin business, daily traders must know about this. Trading is a gambling game in my opinion, whether you make a profit or lose money. But in the bitcoin environment, there is no damage after I invest in it because the value of bitcoin continues to increase over time. All I have to do is find the dip to buy and keep it lasting.

[ethereumhunter]

I find that for the most part I tend to panic once the price of my coins is crashing but has recovered slightly and I do not know if it will crash again or recover fully. I find it is best to just remain clear headed and think with clarity but I know that my fear inhibits that slightly. I am however very good at forgetting about a trade once i have made a decision.

Right, it is very important to be able to think clearly while trading. Monitoring the market price is somehow an can be very stressful and if we get emotional in monitoring, it can lead decisions that we are going to regret.

I have panic sell during the hard fork. I have lost more than 50% profit that I could have earned. I really do regret it and I wish that I could go back time to stop myself from selling. But of course, I cannot and what I can only do is to accept what happened.

Trading is a psychological game, and if your psyche is affected, you will easily panic and make the wrong decision, I know we have a lot of fear to face in trading. Fear of losing money, fear of losing, fear of falling prices, but we need to calm down and control our emotions more, and the key to this is knowledge, knowledge helps us to know the problem more clearly, it is the basis and also the reason that helps us to have confidence in our decisions, without it, our beliefs are easily collapsed.

I agree with you that trading is a psychological game it is a test on how you handle your emotions and it test your personal attitude for who you are how patiently you are interms of this method so for me panicking is not be a good attitude for the trader maybe for what you have experienced here may truly help you to be a good trader.

Well, if you can keep your calm and opinion, do not let anyone changes your thought, you will have high ratio winning in this field.
Of course, it just useful when your predict is right, sometimes, keep your opinion just make you do not accept your loss

we must have our self opinion when the market is down and its better to be patience and calm, actually we are not lose and be sure that in next day, we can sell at the high price. but yes, i realize that sometimes panic can come to us especially if we are not ready to face everything that is out in our prediction or what we are thinking. but as long as we can handle our emotion then i think we can stay calm with everything happen in the market.

[KingdomHearts]

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 . 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.

That is true. We never know what will be their next move or what are they planning in their minds. So let’s just not concentrate that much on whales. It is better to take decisions by you own without getting influenced from anyone else. One more thing, never give up!

[ArrogantPeacock]

I fall of my chair usually, but stand up quickly to return to trading

we all panic, money is on the line after all

[Kupid002]

this crypto world peoples are very interesting. they are panicing very fast and dumping what they have.

Dont have enough knowledge for those people that panic easily dont know the process of the movement of the trading maybe for some new trader much better to make some study first so they can avoid panicking like selling their coin in a lower price .

[mkmdoc]

this crypto world peoples are very interesting. they are panicing very fast and dumping what they have.

Dont have enough knowledge for those people that panic easily dont know the process of the movement of the trading maybe for some new trader much better to make some study first so they can avoid panicking like selling their coin in a lower price .

I think people with knowledge will also panic due to the sudden fluctuations in the market. People who want to hold for the long term will not panic for anything they secure minimum targets reaches. Trading always needs patience those who waited for patiently will be rewarded.