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Author Topic: How do you Panic?  (Read 39760 times)
cryptobiker
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October 02, 2017, 08:35:27 AM
 #621

Never Panic... I like to think of it as just a GAME.. yes I know its not.. its not a Game its a Real Deal... but believe me if you do little homework on trades you are going to commit in and consider it just as a game you won't hesitate taking those risky leaps

I am someone who would like to hold long term and it has paid off all over last 2 years... Its such a promising industry the "Crypto industry" when you get involved Fiat kind of follows you... hold on to those temptations to cash out and buy that fav thing of your.. if you must just try and hold for another 6 months and you will see what I mean
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October 02, 2017, 09:17:49 AM
 #622

During the days when I was still trading, when I panic, I usually don't leave my sit even when I feel like peeing. I also watch the price movement and my orders specially when I really feel like it is going to dump.

There are also times that I shut down my computer even in the middle of everything. I go out and inhale some air because I feel like my breathing is shorter and shorter and its getting hotter while my feet is getting colder.  Cheesy weird but that's how I panic

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October 02, 2017, 09:44:31 AM
 #623

of course all will experience panic, as much as possible I will survive until the price began to return stable or even higher, although a little upset but more annoyed when selling at low prices.
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October 02, 2017, 10:25:44 AM
 #624

I just scream and go out smoke for a while and then come back and sleep for the day hopefully getting back on track again.
Well, usually I try not to just invest somewhere i dont know anything so it doesnt happen a lot . lol
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October 02, 2017, 12:17:00 PM
 #625

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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October 02, 2017, 03:34:21 PM
 #626


Well when you know the price is doing to drop and it's time for dump, you have to make an assumption. You will sell when you get a very less or no loss and invest in something else. Cause no one likes losses or has patience to wait for the prices to go up again when all coins is of concern. But in bitcoin, you know that the price is going to go back up again and that's when you realize that it would be better to reinvest. This is how experienced and smart people basically react in short.


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October 02, 2017, 05:33:47 PM
 #627

I panicked when the predicted price changed very quickly and beyond expectations. I feel that this sense of panic arises when I experience a situation where I am likely to lose, this is a natural thing for a person. no one can really experience no panic. calm and patience will help us to make the right decisions. but it must all be passed with various experiences because with experience then we easily to take the best decisions.
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October 03, 2017, 12:31:31 AM
 #628

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.
I will become panic when happen something wrongs bad. Like, when bitcoin will be loss what should I'm going to do if bitcoin will become loss, because i am also depend on bitcoin and i earned money from it that i will used in my daily life. So I was fear when bitcoin will become loss. But, to fear and to become panic is normal things that one person may experience in their life,  and i believe that all of us will panic when one situation will happen,  to be calm and relax is the best medicine for that so don't become panic and make yourself relax and comfortable.
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October 03, 2017, 04:06:36 AM
 #629

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.
I will become panic when happen something wrongs bad. Like, when bitcoin will be loss what should I'm going to do if bitcoin will become loss, because i am also depend on bitcoin and i earned money from it that i will used in my daily life. So I was fear when bitcoin will become loss. But, to fear and to become panic is normal things that one person may experience in their life,  and i believe that all of us will panic when one situation will happen,  to be calm and relax is the best medicine for that so don't become panic and make yourself relax and comfortable.

i think its not good become panic if the situations getting worst because you can even thinking clear and you can not found any ways to solve the  problem. one thing you should do is taking deep breath first, then tried to analyze the problem, if you can fix it then do it while you have a time but if there is not time to fixed, then you can only wait for a while. being panic when bitcoin price is down can not changing everything, the only thing you can do is be patience and if you still have money, you can buy bitcoin again so your bitcoin amount can increase and in the right time, you can sell it to make profit.
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October 03, 2017, 06:19:01 AM
 #630

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.
I will become panic when happen something wrongs bad. Like, when bitcoin will be loss what should I'm going to do if bitcoin will become loss, because i am also depend on bitcoin and i earned money from it that i will used in my daily life. So I was fear when bitcoin will become loss. But, to fear and to become panic is normal things that one person may experience in their life,  and i believe that all of us will panic when one situation will happen,  to be calm and relax is the best medicine for that so don't become panic and make yourself relax and comfortable.

i think its not good become panic if the situations getting worst because you can even thinking clear and you can not found any ways to solve the  problem. one thing you should do is taking deep breath first, then tried to analyze the problem, if you can fix it then do it while you have a time but if there is not time to fixed, then you can only wait for a while. being panic when bitcoin price is down can not changing everything, the only thing you can do is be patience and if you still have money, you can buy bitcoin again so your bitcoin amount can increase and in the right time, you can sell it to make profit.

panic will make only some wrong decision new in trading ofcourse can feel that but when you leanred by your own way caused by panic for second time around that its the time you can avoid it. panicking for the situation that is hard to control so all traders must be aware then avoid that because it may loose your way of thinking for the solution.
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October 03, 2017, 07:55:38 AM
 #631

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.
I will become panic when happen something wrongs bad. Like, when bitcoin will be loss what should I'm going to do if bitcoin will become loss, because i am also depend on bitcoin and i earned money from it that i will used in my daily life. So I was fear when bitcoin will become loss. But, to fear and to become panic is normal things that one person may experience in their life,  and i believe that all of us will panic when one situation will happen,  to be calm and relax is the best medicine for that so don't become panic and make yourself relax and comfortable.

i think its not good become panic if the situations getting worst because you can even thinking clear and you can not found any ways to solve the  problem. one thing you should do is taking deep breath first, then tried to analyze the problem, if you can fix it then do it while you have a time but if there is not time to fixed, then you can only wait for a while. being panic when bitcoin price is down can not changing everything, the only thing you can do is be patience and if you still have money, you can buy bitcoin again so your bitcoin amount can increase and in the right time, you can sell it to make profit.

panic will make only some wrong decision new in trading ofcourse can feel that but when you leanred by your own way caused by panic for second time around that its the time you can avoid it. panicking for the situation that is hard to control so all traders must be aware then avoid that because it may loose your way of thinking for the solution.

Traders should not be prone to panic. This has a negative effect on trade. Always remember that bitcoin is a reliable crypto currency. And the fact that after every fall there will be growth. Panic will not help you in anything. When you become an experienced trader, you will stop panicking
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October 03, 2017, 08:21:53 AM
 #632

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.
This is something which all the traders need to learn and understand as early as possible. Only then they can manage to earn a good amount of money and profit.

I think there is no room for getting panic or losing your patience in the world of trading. The moment you lost your control on your nerves, you are going to suffer a big loss. So remain calm.

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October 03, 2017, 12:01:57 PM
 #633

Each negative situation has a positive side. And panic will not help you.
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October 03, 2017, 12:31:37 PM
 #634

I have been active in Bitcoin world for almost a year now. And like most of new people who start dealing with bitcoin I had my moments of panic. Good thing with me was that, I was never holding big sum of Bitcoin on my wallet. Why was that a good thing? Well because I made a mistake,  and if I had more Bitcoins in that moment, my regret would be bigger.

First time I made a mistake was that I sold my Bitcoins when price of it jumped from 1200 to 1700 dollars. I thought it was good time to sell, but i was wrong. Not long after price jumped even more, and in that moment i realized that i made a panic sale.

Second time happened when China banned ICOs. Price of Bitcoin dropped a lot, I wanted to minimize my loss so i panicky sold all Bitcoins I owned in that moment. Like in previous case mistake number two.

Panic is enemy that needs to be beaten. If not, it is just a matter of time when you will lose.
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October 03, 2017, 12:56:50 PM
 #635

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.
This is something which all the traders need to learn and understand as early as possible. Only then they can manage to earn a good amount of money and profit.

I think there is no room for getting panic or losing your patience in the world of trading. The moment you lost your control on your nerves, you are going to suffer a big loss. So remain calm.
Even you are calm the trades will going to affect your mind but as long as you can make profit thats it and its good better than to panic in terms pf panic buying or selling, always obaserve the market and analyze before making any moves .
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October 03, 2017, 04:04:58 PM
 #636

We never panic. And that's why we have money at the bank. That's why we have big coins on out wallet. That's why we have more than a thousand different coins stored on computers. Because we do not panic and his Panic that makes us money so you could please continue to panic because that's exactly what we need to continue working in this environment. My suggestion is to never panic in the crptocurrency world and that is key to success.
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October 03, 2017, 04:39:30 PM
 #637

I panicked when the predicted price changed very quickly and beyond expectations. I feel that this sense of panic arises when I experience a situation where I am likely to lose, this is a natural thing for a person. no one can really experience no panic. calm and patience will help us to make the right decisions. but it must all be passed with various experiences because with experience then we easily to take the best decisions.
before, when i do not no different aspects in trading i always losing many moneys because i am not aware what will be happen, i always thinks that bitcoin might end up being bankrupt or it will continues to go down therefore i always sell my coins before at a very low price, but then i learned my lesson now i will never do that again because it is not helpful to me it can only make me bankrut.
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October 04, 2017, 05:35:40 AM
 #638

To be honest I have left that school of all panickness long long ago and what has left is just humanly nervousness when I trade and invest in the bitcoin and something like hard fork happens immediately. But I have learnt that we shouldn't be panicked at all because whatever it gives us is loss that can take months to recover again and again from the bitcoin investment. Sometimes you might feel frustrated because the prices are gone upside down but always keep in mind that bitcoin is such good asset now that due to its increased popularity there is no chance it is going down. :-) So better change the Panick habits and try to do some real investment.

 
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October 04, 2017, 05:40:43 AM
 #639

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 always take a look on the possibilities of lost and profit. I'm always checking some news so I can make a conclusion if I will wait for bounce back in price or let it be and sell it to stop continuous loss.

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October 04, 2017, 05:57:07 AM
 #640

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 always take a look on the possibilities of lost and profit. I'm always checking some news so I can make a conclusion if I will wait for bounce back in price or let it be and sell it to stop continuous loss.
I feel panic sometimes when the value of the coin i hold was continuous dropping but i do not do panic selling because i know that if i do that i lost the opportunity in earn profit since we are on crypto world and all is unstable my mindset was every dump happen the next is pump of the value.

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1mBTC
x 3 WINNERS
BET
MULTIPLIERS
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