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Author Topic: How do you Panic?  (Read 39759 times)
LRPchange
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November 25, 2017, 10:44:44 AM
 #841

I don't panic anymore, I'm buying the dip.

My portfolio value fluctuates quite a few thousand sometimes, it doesn't makes me anxious anymore, what goes down must go up. Cheesy
This is my big problem I don't know when it is the dip.  Smiley
and I usually buy high and sell low or medium
There is no point of denying this fact that it is quite a natural phenomenon to get panic especially at the time when you see yourself getting in loss. I myself get panic when I see something going wrong. The most important thing which you need to take care of at that very time is to keep on holding your nerves. This will help you in making some sensible decision for your safe survival.



 Just diversify ur trades. Play them equally, disciplined to a certain strategy. Out of 10 if u fail 7. You might rethink about whether u should actively trade or just hodl most of ur funds with coins u like. Statistics has shown that, if ppl hold most of their funds in BtC they would have gained more than trading.
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November 26, 2017, 01:01:59 PM
 #842

Before I'm decide to trade altcoin or bitcoin, I'm prepare for lossing ! Cryptocurrency is a high risk trading and most people already aware of that !
When I'm buy some altcoin, I'm usually hold it as long as possible so whenever they get dump , I'm still insist to hold it compare to my friend that he's afraid for lossing
See when you buy a coin during it's initial stages that means you have faith in that particular coin and there must be some reasons. When the same coin get's listed on exchanges and it's value becomes thicker we start panicking even though it was us who believed the same sometime ago.

So, it's just human tendency to panic on events we are too happy or too sad, I have been holding bitcoins since last year and I always get tempted to sell them and sometimes end up selling a few, does not mean I don't love them, but of course I do panic too.
There is no compelling reason to freeze. Benefit and misfortune are a piece of the business you do. Infrequently individuals lose enormous pieces of cash in exchanging which some of the time decimates their entire business. However, it is because of their carelessness. You shouldn't surrender to maybe a couple enormous misfortunes. Exchanging business is anything but difficult to do on the off chance that you make value estimations about benefit or misfortune, and make your next stride likewise. Individuals who do exchanging wisely and precisely frequently don't experience the ill effects of huge misfortunes other than little hiccups. So to freeze from one misfortune is senseless and you should keep your expectations up for what's to come.
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November 26, 2017, 06:03:32 PM
 #843

I am panic when bitcoin price will change very quickly and beyond expectations.
Being panic is never the solution of any problem. This is a good experience in my trading for now.
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November 27, 2017, 02:07:34 PM
 #844

i agreeith a of the commentsi feel there's a no communication between investor and the developer / ceo teamwhen ico period tann thread nevertheless active BUT shut after fuss on ATS free bounty bridal party plus they set on split for a weekthen why don't you setup slack?err wait slack is full of phishers and scammers so why wouldn't you set other chat like rocketchat, telegram, disagreement etc legitimate communication instead of blog post and forum?NOW i shame my personal for trading. personally i think a bit scammed here whe
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November 27, 2017, 03:48:20 PM
 #845

Being panicked is happened in mine when my coin which i hold has been dumping, im selling it to low price even if i loss my profit, but as of now im controling it not to do again because believe that it will rise, just dont be with your emotion.
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November 28, 2017, 07:54:23 PM
 #846

I don't. I am in it for the long term and I've bought at good prices so I am rarely at loss.
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November 28, 2017, 08:01:53 PM
 #847

I don't panic anymore, I'm buying the dip.

My portfolio value fluctuates quite a few thousand sometimes, it doesn't makes me anxious anymore, what goes down must go up. Cheesy
This is my big problem I don't know when it is the dip.  Smiley
and I usually buy high and sell low or medium
There is no point of denying this fact that it is quite a natural phenomenon to get panic especially at the time when you see yourself getting in loss. I myself get panic when I see something going wrong. The most important thing which you need to take care of at that very time is to keep on holding your nerves. This will help you in making some sensible decision for your safe survival.



 Just diversify ur trades. Play them equally, disciplined to a certain strategy. Out of 10 if u fail 7. You might rethink about whether u should actively trade or just hodl most of ur funds with coins u like. Statistics has shown that, if ppl hold most of their funds in BtC they would have gained more than trading.
As a trader we should really examine ourselves on where our weakspots regarding on our trading ways or habits which we can able to see if we are good or not on a particular strategy or not because there are really some instances on where no matter how hard we do try we do still fail which is normal and if this thing do happen then switch into another way and make trial and error.Its just like that as long we can able to see some progress on our trades then better to keep it and strive to continue.

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November 28, 2017, 09:56:30 PM
 #848

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 think before you invest, you already know the risks, at that, you dont have to panic if investment goes badly. Maybe you will be worried for a short period of time but doe t mean you have to panic.m

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November 28, 2017, 11:44:15 PM
 #849

A lot because that is what the main differece of a beginnerand a pro. Personally i think a lot reduction when my coin goes down and thus to prevent slipping to the hole I instantly market it and dedicate a big mistake. n

In the early days of my trading, i also used to panic a lot. Seeing the coin going down make me so nervous that i used to sell the coins in cheap at a loss. But then with the passage of time i learnt not to sell at a loss no matter how down the price is. The market always goes up after the crash so wait for the right time to sell.

.
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November 29, 2017, 01:20:15 AM
 #850

I don't, the goal is not to panic, that's how you bring profits
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November 29, 2017, 01:35:19 AM
 #851

The first time I joined the Crypto market I was confused and often sell losses. But after watching the market more and more, I gradually learned the rules of it. All fluctuations are in the graph and be patient and believe in your decision.
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November 29, 2017, 01:52:05 AM
 #852

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 think before you invest, you already know the risks, at that, you dont have to panic if investment goes badly. Maybe you will be worried for a short period of time but doe t mean you have to panic.m

I agree, from the moment that you do trading you already knew the consequences behind it. We're just human so we tend to panic and that's okay but little by little you should be used to it as we always see that when it gets dump soon it will rise and that's always the scenario and nothing to worry.

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November 29, 2017, 02:15:24 AM
 #853

A lot because that is what the main differece of a beginnerand a pro. Personally i think a lot reduction when my coin goes down and thus to prevent slipping to the hole I instantly market it and dedicate a big mistake. n

In the early days of my trading, i also used to panic a lot. Seeing the coin going down make me so nervous that i used to sell the coins in cheap at a loss. But then with the passage of time i learnt not to sell at a loss no matter how down the price is. The market always goes up after the crash so wait for the right time to sell.
Actually when time I joined the Crypo market I was confused and afraid to loss my money. But my friend helps me to understand what I will need to learn in the rules of it. Eventualy after see the movement of bitcoin in the market. We all experience the fluctuations of value of bitcoin, so maybe I will panic if the value of bitcoin goes down..
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November 29, 2017, 02:35:01 AM
 #854

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?
What made me panic last time is that the bitcoin will be crashed someday and the value will turn to zero and i remember the time this month of October about the SegWit activation that would follow a hard fork this month of November which made me jump to a conclusions to sell my bitcoins and i admit that i regret what i just did.

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November 29, 2017, 02:54:33 AM
 #855

Though there work great ICO's but there are a lot of ripoffs as well. But generally, you just need to do some research and blood pressure measurements on the credibility of these behind them. Look into their activities as offered by their street roadmaps. Attempt to gauge as well if the item offers something relevant and helpful for the general public. Overall, there is no guarantee. As an investment, you will find really probabilities of gaining or dropping. But with some studies, you may be able to acquire having a calculated dangers.

If I never panicked because I never invested Bitcoin or other cryptocurrency. I used to be afraid to invest because I was afraid that the price of Bitcoin would go down and disappear someday. But after I realized and see that the price of Bitcoin always increased sharply and has reached a very large number, I so no doubt. I have decided to collect Bitcoin and always save to sell it in the next few years. But if there is a problem with Bitcoin, I must be panicked. Hopefully Bitcoin price will increase drastically in the future.
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November 29, 2017, 04:21:34 AM
 #856

Though there work great ICO's but there are a lot of ripoffs as well. But generally, you just need to do some research and blood pressure measurements on the credibility of these behind them. Look into their activities as offered by their street roadmaps. Attempt to gauge as well if the item offers something relevant and helpful for the general public. Overall, there is no guarantee. As an investment, you will find really probabilities of gaining or dropping. But with some studies, you may be able to acquire having a calculated dangers.

If I never panicked because I never invested Bitcoin or other cryptocurrency. I used to be afraid to invest because I was afraid that the price of Bitcoin would go down and disappear someday. But after I realized and see that the price of Bitcoin always increased sharply and has reached a very large number, I so no doubt. I have decided to collect Bitcoin and always save to sell it in the next few years. But if there is a problem with Bitcoin, I must be panicked. Hopefully Bitcoin price will increase drastically in the future.
You are afraid of taking risk so you will never gonna make a lot of bitcoins unless you will work and you will be paid a lot.
Investing is the fastest way of growing your money but like you said there is a big risk and bitcoin's price is very unpredictable as for sure we will not only see an uptrend movement but we can also expect the opposite to happen.

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November 29, 2017, 06:51:06 AM
 #857

yes of course the first time I tried trading I bought some coins when its price started to fall I was panicked and then rush to sell it a week later the price went up. where I feel annoyed, I lost some money but it's okay at least I learned something.
n4n4n6
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November 29, 2017, 10:56:21 AM
 #858

Hahaha. Im a newbie. I have just joined the bitcoin world for 3 days. I think panic situation is really acceptable for a newbie because they are still building up their knowledge about bitcoin. I was so panic about buying XLM, its getting higher so fast, and down so fast. Hahahaha. But in the end, its getting stronger and I regret it. So, dont be panic
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November 29, 2017, 11:01:45 AM
 #859

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?

at the beginning I was trading I had panicked when the price suddenly fell and I made a mistake by selling it and not long price back up, now I've got a lesson with my mistake so if the price goes down I still will hold it and I will remain patient and calm
Topaz72
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November 29, 2017, 04:57:03 PM
 #860

I don't panic anymore, I'm buying the dip.

My portfolio value fluctuates quite a few thousand sometimes, it doesn't makes me anxious anymore, what goes down must go up. Cheesy
This is my big problem I don't know when it is the dip.  Smiley
and I usually buy high and sell low or medium
Simple, you can buy Bitcoin when the price of Bitcoin dumped below the old price as support price. Maybe, you don't know what is support/resistance price. You can understand support/resistance is the old price of something and when the price reaches in these price, it always obstructed (pump/dump).
Well I think I never do panic here because bitcoin is a currency and currency do accept panic if you will do panic so you can be in trouble so always be care full when you want to sell or buy because when you buy bitcoin so first of all you will have to check the price of bitcoin and then when you buy bitcoin with low price then you have to keep it on hold and wait for the right time until the price go high if you will start panic in selling and without knowing the price and sell bitcoin so you can lose all your money so always be care full .
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