Emitdama
|
|
October 19, 2017, 11:43:21 AM |
|
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?
first time tradingsaya never felt and it was very funny, finally I do not panic if the price drops, I now do not feel the panic anymore because I know the price definitely back up In the last weeks I got panic because of the price of bitcoin which fell down more than 2000 dollars in one bitcoin. It is not only for investors to be panic, but also for all the members of this forum because everyone on this forum gets his earnings in bitcoin, and when the price is high the earnings is high and when the price is low the earnings is also very low. This thing got me panic.
|
|
|
|
|
|
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
fullhdpixel
|
|
October 20, 2017, 11:25:03 AM |
|
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.
Everyone panics at different scenarios, some may panic on downfall of the prices of their investments, some panic when they had hard times in family or any other office issues. I usually don’t get panic as soon like others because I know how to control my emotions so that my decisions are not affected while trading at the time of crisis. Yeah, I think the present is a time of crisis, people are very scared when they look at the price of bitcoin, some people have made the wrong decision and sell all their bitcoin at low prices, they will soon regret, in the past, I was also a victim in this situation. However, at present I know emotional control and I have a lot of experience, knowledge, that made me feel very calm, even I was not too concerned about the price of bitcoin fell, and I always say to myself, if afraid, turn off the computer and go to bed, it is quite effective I guess i panic when i don’t see the rise of bitcoins and i don’t get the desired results seeing the value of bitcoin dropping. But i try to keep myself calm in such conditions and try to think of the positive things. Because eventually it is going to benefit us in the future. So stay calm guys. well people always panic when they really didnt have an experience of such thing and they are afraid of loosing something because of it.i think the best thing to do is to keep looking for an update and think possitive . There is nothing special for which I got panic because I earned most of my bitcoin in this forum while joining signature campaign. The only reason for me to be panic is the payment which is in bitcoin when we post the payment being set to our bitcoin wallet, and the price in these days is not so high therefore the value of our income is not so good. Only this make me worry otherwise I feel normal.
|
|
|
|
Flor1982
|
|
October 20, 2017, 12:06:30 PM |
|
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 will not panic because if you make yourself panic you might not think well and make a wrong decision that it might you regret it forever. So the best thing to do is calm down and relax then if i see the situation is not considerable anymore then i will sell my bitcoin if the price will reach less than the last time i purchase it and think that in trading there is always a risk which is natural.
|
|
|
|
WSDN
Sr. Member
Offline
Activity: 493
Merit: 250
IDENA.IO - Proof-Of-Person Blockchain
|
|
October 20, 2017, 03:18:03 PM |
|
I agree with you, panic always lead to wrong decision. Keep calm. After that, Look back your coin, if it's a good coin, you should hold or even buy more coins with low price and wait for recovery. You will get a big profit. But if your coin is not good or it has a bad new problem. You should sell immediately.
|
|
|
|
fearcoka
Legendary
Offline
Activity: 1008
Merit: 1000
|
|
October 20, 2017, 04:22:21 PM |
|
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 will not panic because if you make yourself panic you might not think well and make a wrong decision that it might you regret it forever. So the best thing to do is calm down and relax then if i see the situation is not considerable anymore then i will sell my bitcoin if the price will reach less than the last time i purchase it and think that in trading there is always a risk which is natural. That is right, you must to accept your mistake and take lose, although no one wants to take lose forever, but sometimes, it is very important to avoid loss more money. I have a brother, just by him did not accept loss 1 BTC, after 2 months, that amount has increased to 7 BTC because the price of crypto he is holding continue to down more.
|
Just Nao Tomori and Bitcoin ( ͡° ͜ʖ ͡°)
|
|
|
Barbut
|
|
October 20, 2017, 04:32:46 PM |
|
I don`t panic. I think I can relate gambling and trading here, I mean feeling that I have when I lose money on gambling, or when I lose money with trading. I don`t panic I`m a pusher. When everything is going down I push more and if I have money I push with more money. In gambling I had good success sometimes, but in daily trading I lost a lot of money. Now with different strategy, I`m buying and holding some altcoins for a longer time I have more success, when I see that my altcoins are going down I just buy more if I`m able, and some altcoins always recover their price and that is a clean profit.
|
|
|
|
yvesp110
|
|
October 20, 2017, 08:37:05 PM |
|
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.
Everyone panics at different scenarios, some may panic on downfall of the prices of their investments, some panic when they had hard times in family or any other office issues. I usually don’t get panic as soon like others because I know how to control my emotions so that my decisions are not affected while trading at the time of crisis. Yeah, I think the present is a time of crisis, people are very scared when they look at the price of bitcoin, some people have made the wrong decision and sell all their bitcoin at low prices, they will soon regret, in the past, I was also a victim in this situation. However, at present I know emotional control and I have a lot of experience, knowledge, that made me feel very calm, even I was not too concerned about the price of bitcoin fell, and I always say to myself, if afraid, turn off the computer and go to bed, it is quite effective I guess i panic when i don’t see the rise of bitcoins and i don’t get the desired results seeing the value of bitcoin dropping. But i try to keep myself calm in such conditions and try to think of the positive things. Because eventually it is going to benefit us in the future. So stay calm guys. well people always panic when they really didnt have an experience of such thing and they are afraid of loosing something because of it.i think the best thing to do is to keep looking for an update and think possitive . There is nothing special for which I got panic because I earned most of my bitcoin in this forum while joining signature campaign. The only reason for me to be panic is the payment which is in bitcoin when we post the payment being set to our bitcoin wallet, and the price in these days is not so high therefore the value of our income is not so good. Only this make me worry otherwise I feel normal. There are so many occasions when you get panic and lose control over your nerves. I do panic mostly when I see the prices going down or I see myself getting in loss. But I have learnt this thing from my experience that remain cool and calm no matter what the conditions are. So this is what exactly I used to do when I get panic, I try to keep myself under my control and remain calm.
|
|
|
|
jpoker272727
Legendary
Offline
Activity: 1137
Merit: 1000
|
|
October 21, 2017, 10:41:36 AM |
|
I don`t panic. I think I can relate gambling and trading here, I mean feeling that I have when I lose money on gambling, or when I lose money with trading. I don`t panic I`m a pusher. When everything is going down I push more and if I have money I push with more money. In gambling I had good success sometimes, but in daily trading I lost a lot of money. Now with different strategy, I`m buying and holding some altcoins for a longer time I have more success, when I see that my altcoins are going down I just buy more if I`m able, and some altcoins always recover their price and that is a clean profit.
Panicking out would do nothing good in our favor. It is similar to crying, if we have some problem and is hurt, crying won't heal it away. If we have a fear, running away will worsen the things. In the exact way, panic is a disease that eats our senses and thinking power. I like your spirit of fighting back and I really want to give you my sincere advice. Try to buy bitcoin and trade this digital currency. You will earn a lot of respect, success and money if you won't lose your nerves.
|
|
|
|
futuret
|
|
October 21, 2017, 07:13:49 PM |
|
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 will not panic because if you make yourself panic you might not think well and make a wrong decision that it might you regret it forever. So the best thing to do is calm down and relax then if i see the situation is not considerable anymore then i will sell my bitcoin if the price will reach less than the last time i purchase it and think that in trading there is always a risk which is natural. This will be the best thing you will do for the bitcoin because it is not the good time to sell the bitcoin because the price of the bitcoin is increasing more and more, holding the bitcoin will give you the profit and the income of the bitcoin will give you the strength and the price will be more than double I am saving the bitcoin for the long time and I am not going to sell my bitcoin for the low price and will wait for the long time.
|
|
|
|
Cosbycoin
|
|
October 22, 2017, 10:34:30 AM |
|
I don`t panic. I think I can relate gambling and trading here, I mean feeling that I have when I lose money on gambling, or when I lose money with trading. I don`t panic I`m a pusher. When everything is going down I push more and if I have money I push with more money. In gambling I had good success sometimes, but in daily trading I lost a lot of money. Now with different strategy, I`m buying and holding some altcoins for a longer time I have more success, when I see that my altcoins are going down I just buy more if I`m able, and some altcoins always recover their price and that is a clean profit.
Panicking out would do nothing good in our favor. It is similar to crying, if we have some problem and is hurt, crying won't heal it away. If we have a fear, running away will worsen the things. In the exact way, panic is a disease that eats our senses and thinking power. I like your spirit of fighting back and I really want to give you my sincere advice. Try to buy bitcoin and trade this digital currency. You will earn a lot of respect, success and money if you won't lose your nerves. Getting panic at the time when the prices are falling down or at the time when you are suffering huge amount of loss will not serve any kind of purpose and it will only add a lot of troubles for you. You need to remain patient and try to control your nerves at the time when you are going through tough situations. Most of the newbies find it very much difficult to take control of their emotions and lose their money most of the times.
|
|
|
|
zekeshawn
|
|
October 22, 2017, 11:28:35 AM |
|
I don`t panic. I think I can relate gambling and trading here, I mean feeling that I have when I lose money on gambling, or when I lose money with trading. I don`t panic I`m a pusher. When everything is going down I push more and if I have money I push with more money. In gambling I had good success sometimes, but in daily trading I lost a lot of money. Now with different strategy, I`m buying and holding some altcoins for a longer time I have more success, when I see that my altcoins are going down I just buy more if I`m able, and some altcoins always recover their price and that is a clean profit.
Panicking out would do nothing good in our favor. It is similar to crying, if we have some problem and is hurt, crying won't heal it away. If we have a fear, running away will worsen the things. In the exact way, panic is a disease that eats our senses and thinking power. I like your spirit of fighting back and I really want to give you my sincere advice. Try to buy bitcoin and trade this digital currency. You will earn a lot of respect, success and money if you won't lose your nerves. Getting panic at the time when the prices are falling down or at the time when you are suffering huge amount of loss will not serve any kind of purpose and it will only add a lot of troubles for you. You need to remain patient and try to control your nerves at the time when you are going through tough situations. Most of the newbies find it very much difficult to take control of their emotions and lose their money most of the times. Its expected for newbies to panic because its their first time and seeing your money going into nothing is very horrible experience, but they can minimize that feeling if only they read a lot about trading that is why its advisable to study trading first before trying it at least you will idea what will be the possible things to happen.
|
|
|
|
rodalutor
Full Member
Offline
Activity: 364
Merit: 105
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
|
|
October 22, 2017, 12:03:03 PM |
|
For me I think my biggest problem is actually the opposite of panic, often when a coin of mine crashes I tell myself that it will recover and then I hold it for too long.
|
﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆
≈ WORLD POWER PRODUCTION ≈ █ █ █
|
|
|
wareen
Millionaire
Legendary
Offline
Activity: 910
Merit: 1001
Revolutionizing Brokerage of Personal Data
|
|
October 22, 2017, 12:38:37 PM |
|
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.
Everyone panics at different scenarios, some may panic on downfall of the prices of their investments, some panic when they had hard times in family or any other office issues. I usually don’t get panic as soon like others because I know how to control my emotions so that my decisions are not affected while trading at the time of crisis. Yeah, I think the present is a time of crisis, people are very scared when they look at the price of bitcoin, some people have made the wrong decision and sell all their bitcoin at low prices, they will soon regret, in the past, I was also a victim in this situation. However, at present I know emotional control and I have a lot of experience, knowledge, that made me feel very calm, even I was not too concerned about the price of bitcoin fell, and I always say to myself, if afraid, turn off the computer and go to bed, it is quite effective I guess i panic when i don’t see the rise of bitcoins and i don’t get the desired results seeing the value of bitcoin dropping. But i try to keep myself calm in such conditions and try to think of the positive things. Because eventually it is going to benefit us in the future. So stay calm guys. well people always panic when they really didnt have an experience of such thing and they are afraid of loosing something because of it.i think the best thing to do is to keep looking for an update and think possitive . There is nothing special for which I got panic because I earned most of my bitcoin in this forum while joining signature campaign. The only reason for me to be panic is the payment which is in bitcoin when we post the payment being set to our bitcoin wallet, and the price in these days is not so high therefore the value of our income is not so good. Only this make me worry otherwise I feel normal. Haha, I think at least you have experienced to worry someone scam you or transaction hash can not confirm while Bitcoin rising its value rapidly. Did you not experience these cases? The panic is normal for anyone when you can not completely something as your hope.
|
|
|
|
eann014
|
|
October 22, 2017, 01:06:15 PM |
|
If I hold a coin, I will try to calm down and not panic. I will wait for the right moment to sale it
Maybe after the next fork bitcoin will increase its price again, and I am assuming now that maybe bitcoin will reach until $7000 by this year. I don't know if you also believe in my speculation but that is just what I think and that is just my opinion. There is nothing wrong if we look for bitcoin like it’s a 1st currency of all currencies but I just want to be positive. Next hard fork is near!!!
|
|
|
|
markdario112616
|
|
October 22, 2017, 01:15:03 PM |
|
I've been into situations like this, and panic attack is a normal since that's how will a mind and body reacts into something. My first panic attack is quite normal like any others such as cramming, don't know where to start, how should I handle it and etc. I was a total mess at first though as Time pass I've learned how to control my emotions and do the best I can to be calm, One must put their mind on a calm state so that you could process the problem and apply proper solutions. Emotions can affect your critical thinking in which can disrupt your calmness in such cases, don't let that happen at any cost.
|
|
|
|
ahiaba.john@yahoo.com
Member
Offline
Activity: 365
Merit: 10
|
|
October 26, 2017, 03:55:34 PM |
|
I panic sometime when there is a big fall in price say 25%. Nevertheless I don't allow that to control my emotion after five minute. All I do is be courageous and analyze the market further by looking for how I can fix the lost.
|
|
|
|
Trela
Legendary
Offline
Activity: 1106
Merit: 1001
The Decentralized TCP/IP Internet Protocol
|
|
October 26, 2017, 05:36:58 PM |
|
If I hold a coin, I will try to calm down and not panic. I will wait for the right moment to sale it
Maybe after the next fork bitcoin will increase its price again, and I am assuming now that maybe bitcoin will reach until $7000 by this year. I don't know if you also believe in my speculation but that is just what I think and that is just my opinion. There is nothing wrong if we look for bitcoin like it’s a 1st currency of all currencies but I just want to be positive. Next hard fork is near!!! Maybe, that is the final time for Bitcoin to increases its value in this year. In my opinion, if the current momentum growth of Bitcoin still strongly until November, reaches $7,000 is normal and easily for Bitcoin. Even, $10,000 is still possible, as long as how many traders want to support and buy it ?
|
|
|
|
Emmyslot
Newbie
Offline
Activity: 46
Merit: 0
|
|
October 26, 2017, 06:01:30 PM |
|
Panicking is completely out of the line. I just try my best to analyse things
|
|
|
|
layoutph
|
|
October 26, 2017, 06:19:42 PM |
|
The more you trade the more you understand and knew what the crypto market it is. Before when I saw theres a pump I hurry and buy the coin, and I found my self being dumped. Thats where I learn my lesson wait and to wait and to wait. 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?
|
|
|
|
bohr
|
|
October 26, 2017, 08:40:01 PM |
|
I agree with you, panic always lead to wrong decision. Keep calm. After that, Look back your coin, if it's a good coin, you should hold or even buy more coins with low price and wait for recovery. You will get a big profit. But if your coin is not good or it has a bad new problem. You should sell immediately. If you panic the best thing to do is to get up and get some fresh air do not take any impulsive decisions, you are only going to make a mistake, so you are going to make a bad situation even worst by making and additional mistake, besides most people panic when they see the price of bitcoin going down without understanding that most of the time the price goes back to normal after a few days.
|
|
|
|
|