cuculatoeggekeenam
Newbie
Offline
Activity: 23
Merit: 0
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September 28, 2017, 11:04:26 AM |
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to deal with it do not panic, and do not follow others who are afraid of losing due to decrease bitcoin prices, if you sell means you are ready to lose, my advice is patient and wait until bitcoin prices back to normal again.
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otol55
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September 29, 2017, 04:10:24 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?
I panicked when I lost all my Bitcoin. however, when all the coins you hold down are sure everyone is in a panic. but all I did was keep him even though I was in a state of panic. because if it sells when prices are low and panic conditions are a real failure.
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gabbie2010
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September 29, 2017, 04:59:48 AM |
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In trading there is no need of panicking while following one of the basic rules of trading I.e always trade with the amount of money you can afford to lose. In forex trading there is what is known as 'money management' this is very important aspect in trading, a trader trades with a maximum of 5% of his total investment, he analysis a trading set up and set a STOP LOSS, this is used to cut off 5% of his total investment if the trade moved against him without panicking.
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katiecbell
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September 29, 2017, 07:14:12 AM |
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We all panic, from possible risks and losses. But whether it is worth doing and whether it is right, most likely not. It is better to restrain yourself and make smart decisions at one time or another. Especially in trade with a drop in the price of a coin, you can not hastily sell everything, it's better to keep coins and then to understand that you did everything right.
Getting panic is quite a normal thing. I think the most important thing is that you should know how to overcome that situation in a better way so that you may not suffer loss by making false decision. You need to know how to control your nerves and emotions well if you want to have a good future in Bitcoin. Getting panicked is nothing out of this world and people often panic whenever they see symptoms of going in loss. Panicking with bitcoins is mostly experienced by new investors; those who are old in this field don’t panic at all. Rather treat it like an opportunity.
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BUK2016
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September 29, 2017, 08:24:39 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?
To panic when you are losing money from what you expected profit I think is normal. For me, I use to remain calm and hold until it crosses the percentage of stop lose which I believe I can no longer endure on my investment before I will now sell at lose.
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DIAH PERMATASARI
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September 29, 2017, 09:33:46 AM |
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who likes to panic is a person who is new in this field, but if it is so old players then see the market situation is deteriorated it would be casual, if possible would use it to profit
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Daimon88
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September 29, 2017, 10:08:54 AM |
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I have been away from these panic situations, because the funds I hold in terms of bitcoin is very low compared to the people who has been holding big volume. Even when I invest big I won't be panicking, because I know about its nature as well have faith that it retains. So with trust I have been holding the small funds as an long term investment.
Sometimes i panic when the time its getting low the value of bitcoin.but still when its get low im hoping for increasing of its value soon because i trust bitcoin taht it will be back as soon as possible. This is human nature that when he sees the things going in the opposite direction than what he was expecting, he panics. But the successful traders and investors are the ones who at that time of hustle manages to control their nerves and remain calm. This is what we all need to learn and do.
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Kevin77
Legendary
Offline
Activity: 1652
Merit: 1057
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September 29, 2017, 01:29:11 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?
mostly i am not doing panic but sometimes u choose wrong option and than u realize that u made panic sell. That is still panicking as far as I am concerned bro. Whatever will make you not to relax and sell a coin out of panic is not the best way to go. If you actually studied the trade pattern very well, it will be hard for you to lose and even if there is a downtrend which is normal in any coin, you can still be rest assured there is a support for it to bounce back. However most people always want to get in when coin is being pumped so as not to miss out and that ends up being a shitty trade for them.
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xCryptoManiaX
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September 29, 2017, 01:41:42 PM |
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I don't - While some people do I just keep living my life and chill until the price goes back up
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KEPLER99
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September 30, 2017, 07:41:42 AM |
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Panic always produces a bad and detrimental effect for us, because panic happens from the mind that isn't calm. As happened at bitcoin prices these few days. I just relax, no need to feel nervous if bitcoin will continue to weaken slowly. I've been fighting bitcoin for years, so i'm immune to any conditions that are even worse than today.
I'm not long in bitcoin, so I'm prone to panic. It's very hard for me to watch my capital melt. I just turn off the computer and go home to do stuff that's not stupid. Every traders experience of panic when the price dump. Im prone also into panic of my holdings what I did was I keep calm and thinking a lot of my effort when I invest in trading. Because if you embrace this panic moves you will lose all your money your capital. Instead, feel and think there's a rainbow after the hard dump. I will not panic even now that the bitcoin and altcoin value are dropping because when i do i cant concentrate of thinking and no better solutions will come out in my mind, if i will do panic it will make the situation worse. Be calm, breath and concentrate of better ideas on how to sustain this situation. Now the best solution is to continue hoard Panic doesn’t make solutions better rather it acts as poisonous to the decision. What people often do, they couldn’t resist the loss or price going down, get panic and then ultimate results would never be in their favor. Don’t be panic, the only rule that makes your decision making strong.
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NathanJB
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September 30, 2017, 08:21:23 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 do not panic. I used to panic and sold my tokens with emotions running really high. Right now, I don't care anymore. I am emotionless when it comes to trading. If my tokens will go as down as 1 satoshi each I will not react even. For as long as the project is functioning, it will go high for sure.
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justdimin
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September 30, 2017, 08:45:24 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?
I do not panic. I used to panic and sold my tokens with emotions running really high. Right now, I don't care anymore. I am emotionless when it comes to trading. If my tokens will go as down as 1 satoshi each I will not react even. For as long as the project is functioning, it will go high for sure. The Chinese decision is very painful for me because I have invested a lot of money in bitcoin and I thought that if bitcoin was banned all over the world then what will we do? My all investment will be lost. And it was the reason to be panic because after their decision of banning on bitcoin in china the price came down to as low as 2900 dollars from that of 4600 of 4700 dollars. It was not good for investors.
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--DarkSecrets--
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September 30, 2017, 09:13:28 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 do not panic. I used to panic and sold my tokens with emotions running really high. Right now, I don't care anymore. I am emotionless when it comes to trading. If my tokens will go as down as 1 satoshi each I will not react even. For as long as the project is functioning, it will go high for sure. That's nice i think you already know how to manage efficiently your trades are. Panic in trading is not good to adopt it is normal in the first time but don't embrace because it is the enemy of your patience.
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gekon
Member
Offline
Activity: 70
Merit: 10
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September 30, 2017, 09:30:08 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 do not panic. I used to panic and sold my tokens with emotions running really high. Right now, I don't care anymore. I am emotionless when it comes to trading. If my tokens will go as down as 1 satoshi each I will not react even. For as long as the project is functioning, it will go high for sure. That's nice i think you already know how to manage efficiently your trades are. Panic in trading is not good to adopt it is normal in the first time but don't embrace because it is the enemy of your patience. Panics or emotions are fucking things that gambling and trading should not related to. Trading and Gambling only needs patience to make the effciently profit. But you need much more skills and lucks too. You can't do anything with only keep your emotions and panics only.
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kidsuzudn
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September 30, 2017, 11:13:37 AM |
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I'm usually being immediately mad when my coin just bought last minute is down. Like i'm getting trick , with that angry i'm selling that coin then i already lost 2% per each time like that. So you should choose the right term to trading: Long or Short? Each term has their own advantages and disadvantages. I prefer long-term is better cause i have to look at my coin once a day.
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susuberuang
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September 30, 2017, 11:30:07 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 when altcoin or bitcoin price drops to the bottom I can only hold the both, because if I sell automatically I will get a loss, we just need to wait for the price back up, when it down it's actually a moment to buy cheap. so all I did was wait and be patient.
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giarised
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September 30, 2017, 12:41:36 PM |
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I think panic is a common thing, especially for new users because of their lack of experience and knowledge. Keep remain and observe, the market will surely recover after a while. if market goes low , then maybe you can consider to exchange it.
Exactly! There are only few cases about the experience traders being panic at bad times, majority of the victims are newbies. They don’t know about that situation and how to control themselves. So, bad times in market often make them huge losses but learning is only the key to success, make it your habit.
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micher143
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September 30, 2017, 01:17:34 PM |
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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 to analyze every changes in value or price of the specific coin specifically in altcoin. It could help you to decide whether to buy or to sell in a part of right trading. We should always keep in mind that when it comes the time we will panic it is also the time where we will loss more so it is best to think and to analyze for us to avoid having loss apart on our tradings.
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DayXDT
Full Member
Offline
Activity: 185
Merit: 100
HELLO GOD!
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September 30, 2017, 04:32:47 PM |
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I don't panic ..i'm become crazy. Just kidding. No, i don't panic. Because i have nothing to worry.
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Hutalar
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September 30, 2017, 10:16:25 PM |
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I think panic is a common thing, especially for new users because of their lack of experience and knowledge. Keep remain and observe, the market will surely recover after a while. if market goes low , then maybe you can consider to exchange it.
Exactly! There are only few cases about the experience traders being panic at bad times, majority of the victims are newbies. They don’t know about that situation and how to control themselves. So, bad times in market often make them huge losses but learning is only the key to success, make it your habit. The reason why experienced traders do not panic most of the times is none other than their own experience. They have learnt this thing in the very start that if you want to get success, then you need to control their nerves. Newbies do panic in the beginning like so many others but they manage to have patience once they are mature enough.
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