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Author Topic: How do you Panic?  (Read 39762 times)
EtherATM
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January 16, 2018, 02:13:02 PM
 #1021

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.  Shocked
So we need to research all information of coin which we want to buy before, this is very important, it will help choose a good coin and keep calm when the price of market go down. Many newbies who usually skip this step, will panic the market go down. For me, i usually put goal the time hold coin which i bought so i'm never Panic when the price of coins is go down.
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January 16, 2018, 02:19:11 PM
 #1022

I really do not worry and do not feel scared. Because I hold very low bitcoin and in order to gain more bitcoin to its true value I will focus on market research and invest in the right target that I have set out.
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January 16, 2018, 02:22:09 PM
 #1023

When the time comes to panic ,i just stuff myself with self fake confidence that this was the way i predicted
Gaspard de la nuit
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January 16, 2018, 05:54:35 PM
 #1024

It's difficult to remain cold with a disaster as today... :-(
I hope in a strong market reaction, but now is tragic. I'm in panic...
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January 17, 2018, 09:28:23 AM
 #1025

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?


Well if you really are a good trader then found that your coin investment dumped badly, you don't have time to be in panic. A good trader do look the dumped time as an opportunity. It is the right time to make money specially for bitcoin.  Btc market cap is predicted to rise in few months time and those good trader do grab the opportunity when btc price is going down. If there is a chance that a good trader do panic maybe it is because the market cap of this coin won't last in the top and will fall then never back up.

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January 17, 2018, 02:32:02 PM
 #1026

Just go on coffee , and think "Nothing Else Matters"  Smiley
Music is my good way for killing panic and anger..

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January 17, 2018, 10:45:12 PM
 #1027

Just go on coffee , and think "Nothing Else Matters"  Smiley
Music is my good way for killing panic and anger..

For me the panic emotion of people especially the situation is not comportable but if you a people relaxing everything yuor going a plan the panic is not do it. Becuase panic is always there yuo no the all is easy for you how to keep foing to others and you relax lisen to killing panic then emote then prepare what your doing there.
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January 17, 2018, 11:24:02 PM
 #1028

at the present time Bitcoin is down drastically that's my panic, I try to survive when Bitcoin is up, my thinking bitcoin will continue to go up, but now it keeps going down, and that's the risk in bitcoin, we should be able to decide the best decision. bitcoin rises again.

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January 18, 2018, 08:10:13 AM
 #1029

As you can see, in these days all newbies were in panic and sold everything at low price, just to recuperate something.
Of course, anything was bought by lucid investors with a clear vision of the situation...

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January 18, 2018, 08:52:00 AM
 #1030

When I am new in trading I personally got panic everytime my hold coin is going down, but since I experience to get sell panic, I sell my coin everytime the price going down then after a week I see that the price are increase I learned about that. Now I know that's the wrong move I did before.
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January 18, 2018, 10:49:55 PM
 #1031

I learned to master panic after years of practice in forex (a very good school, if you want to learn how to trade in crypto), so usually I keep myself cold.
But nobody is immune, so...we'll see :-)

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Andrej Peiboski
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January 18, 2018, 11:14:35 PM
 #1032

There is no a simple way to master panic, out of cold data analysis and rational evaluation: in real crisis situations (as in a fight or a emergency) if you lose your calm usually the result is very bad. In trading, it's the same.

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January 19, 2018, 12:21:46 AM
 #1033

Do not panic sell. You will lose your money. Wait until it will go back to its price or even more. Even shitcoins suddenly pump.
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January 19, 2018, 12:23:21 AM
 #1034

I learned to master panic after years of practice in forex (a very good school, if you want to learn how to trade in crypto), so usually I keep myself cold.
But nobody is immune, so...we'll see :-)

Forex is a good school if you want to learn to beat your fears and panic. I'm not that experienced but some traders who has forex history never have problems in crypto markets and they be the winner accordingly.
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January 19, 2018, 12:37:28 AM
 #1035

I don't panic when prices plummet. If I have enough spare cash, I want to buy more and eat it. If I feel panic, because I buy more than I sell, I may lose most of the money!
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January 19, 2018, 01:00:15 AM
 #1036

I don't panic I sit and hold. HODL for life.

It is never a good idea to panic with money you almost always will lose unless you are incredibly lucky.

Serious traders know not to panic. People not here for the long haul are the ones more likely to freak out and sell "before they lose everything" or "cut theor losses"

Viscore
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January 19, 2018, 06:06:02 AM
 #1037

I don't panic I sit and hold. HODL for life.

It is never a good idea to panic with money you almost always will lose unless you are incredibly lucky.

Serious traders know not to panic. People not here for the long haul are the ones more likely to freak out and sell "before they lose everything" or "cut theor losses"
That's a good investor, when the weak hands panic we should relax and buy if possible.
Definitely after the panic, the price will rise and the market will be back to green and that happen all the time so we should get used to it.
Whales can manipulate the price to gain from the weak hands, don't be a weak hands.

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January 19, 2018, 06:38:29 AM
 #1038

I don't panic I sit and hold. HODL for life.

It is never a good idea to panic with money you almost always will lose unless you are incredibly lucky.

Serious traders know not to panic. People not here for the long haul are the ones more likely to freak out and sell "before they lose everything" or "cut theor losses"
I agree with you, traders must be more patient to get the desired price, if we react to panic then we can lose big.
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January 19, 2018, 07:06:48 AM
 #1039

I don't panic I sit and hold. HODL for life.

It is never a good idea to panic with money you almost always will lose unless you are incredibly lucky.

Serious traders know not to panic. People not here for the long haul are the ones more likely to freak out and sell "before they lose everything" or "cut theor losses"
I agree with you, traders must be more patient to get the desired price, if we react to panic then we can lose big.

Panic will result to a huge loss if we let it control ourselves. We need to have self-control in every negative or positive that might happen in our investment. Let your mind control yourself and not your emotions. Whenever it dump, just relax and take a deep breath for it will just recover after how many weeks.
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January 19, 2018, 07:29:14 AM
 #1040

I will never understand all those people who are always selling all what they have because they are scared of a little drop, seriously, it hurts me to think about all those who are selling, even when they are losing a 10 or a 20 percent after all.

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