Dreamchaser21
|
|
October 26, 2017, 11:36:03 PM |
|
Panicking is completely out of the line. I just try my best to analyse things
You really don't need to panic specially when you hold bitcoin because we all know it's capability to bounce back. Panic is really not ideal for every trader you should focus on your trading plan so you can make really good money and analyzing the market well will prevent you from loosing money, don't panic stay focus.
|
|
|
|
rizkyhiw
Legendary
Offline
Activity: 1484
Merit: 1004
|
|
October 26, 2017, 11:58:42 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. Yeah get some rest and get back later when you feel you are cool enough , That's true about don't make things worse when the situation has been ruined , people always forced themseleves , Push the limit principle isn't fit in this kind situation , You need to have an extra patient , that's actually the key of trading success .
|
|
|
|
daringdiscovered
|
|
October 27, 2017, 12:51:59 AM |
|
Panicking is completely out of the line. I just try my best to analyse things
We'll see about that when you are starting Trading. Panicking can't be help especially if the coins that you are holding is having a very huge continous drop, so you're going to start thinking to sell because if you don't you'll lose even more. But it is better if you are a holder, I mean, you could endure the temptation of selling it to have more profits in the near future.
|
|
|
|
Hassan02
|
|
October 27, 2017, 01:05:04 AM |
|
Panicking is completely out of the line. I just try my best to analyse things
We'll see about that when you are starting Trading. Panicking can't be help especially if the coins that you are holding is having a very huge continous drop, so you're going to start thinking to sell because if you don't you'll lose even more. But it is better if you are a holder, I mean, you could endure the temptation of selling it to have more profits in the near future. There comes a time wherein the coin that i hold are continuing on dropping some of my friends that holding that cojn sell and find another me i dont say that im a holder but on that time im still holding i am not the only one who's still holding but what happen next is after it drop other came by it is pumping and now i got a lot of profit it now. I dont say that you have to still holding but always think and before you trade what kind of coin and why you have to hold it. My point is panicking for the critical situation is not worth.
|
|
|
|
Afnan_faizah
|
|
October 27, 2017, 04:17:00 AM |
|
Panicking is completely out of the line. I just try my best to analyse things
We'll see about that when you are starting Trading. Panicking can't be help especially if the coins that you are holding is having a very huge continous drop, so you're going to start thinking to sell because if you don't you'll lose even more. But it is better if you are a holder, I mean, you could endure the temptation of selling it to have more profits in the near future. Yes mate, you right. Most of people who doing panic selling is because the pure emotions and fear, rather than evaluating the fundamentals of the coin. Actually we do not need to worry when panic selling happen if we are sure that the fundamentals of the coin is good, even we can take an advantage by buying more coin in that time.
|
Sepertinya sudah waktunya, kalau menurut saya lebih baik lump sum sekarang. 30/01/2024.
|
|
|
jamesdavidso2
Newbie
Offline
Activity: 17
Merit: 0
|
|
October 27, 2017, 04:32:46 AM |
|
I am panicking only when I daytrade. With BTC I just HODL and tend to forget this. And I feel better.
|
|
|
|
Soranith
|
|
October 27, 2017, 10:04:46 AM |
|
Panicking is completely out of the line. I just try my best to analyse things
You really don't need to panic specially when you hold bitcoin because we all know it's capability to bounce back. Panic is really not ideal for every trader you should focus on your trading plan so you can make really good money and analyzing the market well will prevent you from loosing money, don't panic stay focus. Holding bitcoin out of all cryptocurrencies is a little bit risky compare to other coin so there is no need to panic when bitcoin price will go down because it will just bounce back and its normal for the value to go down sometimes because of the correction and profit taking trader do.
|
|
|
|
Granxis
|
|
October 27, 2017, 11:13:54 AM |
|
I remember when I panicked, I always lost when I panicked.Dont panic and keep doing trading
|
| | | . .Duelbits. | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | TRY OUR
NEW UNIQUE GAMES! | | . ..DICE... | ███████████████████████████████ ███▀▀ ▀▀███ ███ ▄▄▄▄ ▄▄▄▄ ███ ███ ██████ ██████ ███ ███ ▀████▀ ▀████▀ ███ ███ ███ ███ ███ ███ ███ ███ ▄████▄ ▄████▄ ███ ███ ██████ ██████ ███ ███ ▀▀▀▀ ▀▀▀▀ ███ ███▄▄ ▄▄███ ███████████████████████████████ | . .MINES. | ███████████████████████████████ ████████████████████████▄▀▄████ ██████████████▀▄▄▄▀█████▄▀▄████ ████████████▀ █████▄▀████ █████ ██████████ █████▄▀▀▄██████ ███████▀ ▀████████████ █████▀ ▀██████████ █████ ██████████ ████▌ ▐█████████ █████ ██████████ ██████▄ ▄███████████ ████████▄▄ ▄▄█████████████ ███████████████████████████████ | . .PLINKO. | ███████████████████████████████ █████████▀▀▀ ▀▀▀█████████ ██████▀ ▄▄███ ███ ▀██████ █████ ▄▀▀ █████ ████ ▀ ████ ███ ███ ███ ███ ███ ███ ████ ████ █████ █████ ██████▄ ▄██████ █████████▄▄▄ ▄▄▄█████████ ███████████████████████████████ | 10,000x MULTIPLIER | │ | NEARLY UP TO .50%. REWARDS | | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
|
|
|
morgan4140
|
|
October 27, 2017, 02:04:02 PM |
|
lol of course emotions in difficult moments it is hard to keep given that we all, to some extent, nervous. If I lose my investments, I try to remain calm. Remember that the person has not lost anything as long as he has his coins
|
|
|
|
gabmen
|
|
October 27, 2017, 03:51:01 PM |
|
lol of course emotions in difficult moments it is hard to keep given that we all, to some extent, nervous. If I lose my investments, I try to remain calm. Remember that the person has not lost anything as long as he has his coins
Though everyone would agree that it's not easy especially if you're seeing your investments plunging real time. Even seasoned traders get rattled every once in a while.
|
Report to moderator . ██████████. .████████████████. .██████████████████████. -█████████████████████████████ .██████████████████████████████████. -█████████████████████████████████████████ -███████████████████████████████████████████████ .-█████████████████████████████████████████████████████. .████████████████████████████████████████████████████████████ .██████████████████████████████████████████████████████████████. .██████████████████████████████████████████████████████████████. ..███████████████████████████████
|
|
|
electronicash
Legendary
Offline
Activity: 3206
Merit: 1054
|
|
October 27, 2017, 04:07:27 PM |
|
lol of course emotions in difficult moments it is hard to keep given that we all, to some extent, nervous. If I lose my investments, I try to remain calm. Remember that the person has not lost anything as long as he has his coins
Though everyone would agree that it's not easy especially if you're seeing your investments plunging real time. Even seasoned traders get rattled every once in a while. i don't rattle though, but i always piss my pants when i'm on panic mode i end up dumping my btc for USDT and buy back when price plunge to its lower lows. i can't just watch and see my money taken away by dumpers and if i shit my pants, i may also dump the altcoins i got.
|
|
|
|
KaliLinux
|
|
October 27, 2017, 04:34:54 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?
When i invest some lumpsum amount in trading. It may leads to panic about the market conditions, Value fluctuations is most unpredictable one. However it will eventually raise the value after sometime Also i can't suddenly liquidate my coins. At somepoint i have to hold them to not get empty handed.
|
|
|
|
PacePay
|
|
October 27, 2017, 11:23:09 PM |
|
I remember when I panicked, I always lost when I panicked.Dont panic and keep doing trading
People usually get panicked when their going is going through dump phase because it seems apparently that they have invested in wiring coin and their all money is going to sink. But fi the coin is bitcoin then nothing can justify your panicking because it is crystal clear by now that bitcoin has the potential of recovering its previous prices and day by day its market is also growing.
|
|
|
|
Jelly0621
|
|
October 28, 2017, 12:59:33 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?
Emotions betray you the most especially when in comes to money. Who would want to lose their money, anyway ? When I trade before and see my coins just dropped by little by little, I did got panicked to the point that I am selling my coins to its lower value. I got nothing. Sometimes when there's a hype in an altcoin, I did buy those coins for a higher value knowing that I get some profits but I didn't. Emotions really betray me. So I'd had to stop the trading.
|
|
|
|
|
xhienigat
Sr. Member
Offline
Activity: 420
Merit: 250
The All-in-One Cryptocurrency Exchange
|
|
October 28, 2017, 03:39:12 PM |
|
I remember when I panicked, I always lost when I panicked.Dont panic and keep doing trading
That is the spirit we should all have, never give up no matter how long we will be able to control our selves with out emotions every time we see our portfolio bleeding. We will get used to it eventually and we will not panic anymore. I also had my lost in my first few trades and it was really stress that time but I managed to control myself now so I don't worry a lot if the market is not going the way I want it.
|
|
|
|
mai_mirai
Member
Offline
Activity: 120
Merit: 10
|
|
October 28, 2017, 04:00:56 PM |
|
If the price fallin of course will make us panic because it's just human tendency to panic. But don't sell it just hold your coin and wait for the price to recover, and just stay calm. Trading in crypto market needs a lot endurance, wisdom and big heart. Cryptocurrency is a high risk trading and most people already aware of that.
|
|
|
|
Freshmen
|
|
October 29, 2017, 06:02:14 AM |
|
I am panicking only when I daytrade. With BTC I just HODL and tend to forget this. And I feel better.
There comes so many occasions when you get panic. Most of the time, I get panic when I see the market price of the coins which I’m holding going down. The fact is there is nothing fruitful which you can get by getting panic. This is what I have learnt from my own personal experience. You need to remain cool and calm and you actually need to control your nerves under such conditions for your safe survival.
|
|
|
|
GoodLuck2
|
|
October 29, 2017, 03:47:38 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?
Emotions betray you the most especially when in comes to money. Who would want to lose their money, anyway ? When I trade before and see my coins just dropped by little by little, I did got panicked to the point that I am selling my coins to its lower value. I got nothing. Sometimes when there's a hype in an altcoin, I did buy those coins for a higher value knowing that I get some profits but I didn't. Emotions really betray me. So I'd had to stop the trading. Brother it is not better option to quit trading if you are facing a queue of loss. Listen, there are profits and losses and then risk factors that are always revolving around whenever you trade or invest. What you have to implement, the best you can present. Keep yourself patient when bad time comes. It will go soon, you only have to be confident and relax in such moments. Don’t give up.
|
|
|
|
ausbit
Legendary
Offline
Activity: 1330
Merit: 1019
|
|
October 29, 2017, 05:43:22 PM |
|
I remember when I panicked, I always lost when I panicked.Dont panic and keep doing trading
Oh sorry for your loss. But now you are an evidence for us that trading is all about decisions. And these decisions are highly and I must say so much affiliated with these emotions. You are indulged in this game of emotions, you are not making good decisions that is sure like a reality. Keep yourself calm and only focus on business goal, keel your motions controlled and good luck.
|
|
|
|
|