How do you Panic?

[Borisb52]

I'm a bit nervous. But do not panic. This business can not be helped. If the price has fallen a little and I see that it will fall further I sell a coin. Then I will re-buy it when it falls completely. If the price fell heavily, then I hold the coin until the price again rises.

[tekin_ural]

No panic at all since it's is the money I can afford to lose.

[Birin016]

It was during my earlier days of trading that i used to invest quickly in coins which i see increasing in price rapidly.Actually those coins were just pumped coins and were to be dumped soon.Soon after i buy,those coins were dumped and i have to just sell it at very low price in loss.Also,i used to sell my bitcoins in panic when there is a prise dip selling my bitcoins at a cheaper price to big whales thus making myself a weak hand.But now,after gaining experience,i just hold my coins firmly without getting panic.

[weredo911]

i do not fear. the cryptocurrency has been a part of the economy now. So, i do not fear they can be destroyed or not. I will hold my coins until the market recover.

[HELLOFF]

It was during my earlier days of trading that i used to invest quickly in coins which i see increasing in price rapidly.Actually those coins were just pumped coins and were to be dumped soon.Soon after i buy,those coins were dumped and i have to just sell it at very low price in loss.Also,i used to sell my bitcoins in panic when there is a prise dip selling my bitcoins at a cheaper price to big whales thus making myself a weak hand.But now,after gaining experience,i just hold my coins firmly without getting panic.

Maybe you're right, but today the price somehow starts to stabilize and Bitcoin rise to the first. Of course, its indicators are not as positive as we would like today, but nevertheless we are straining positive developments. Thus, the panicky mood of the users a little subsides.

[e19293001]

No panic at all since it's is the money I can afford to lose.

Yes. Similar with gambling. Bet what you can afford to lose. You
won't be scared if your house is not at stake when the market
falls down.

[clarkt]

Panic comes to everyone both noobs and the Pro.  But when you panic you should not lose your sense.  You should weigh your action very seriously because every decision you take is either going to make you money or cost you money

[rejin29x]

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.

[Dimonhamon]

When I just started, I will lose my investment as I panicked.Now I understood one. You can not panic. Just need to wait. And most importantly choose good investment projects.

[criz2fer]

i do not fear. the cryptocurrency has been a part of the economy now. So, i do not fear they can be destroyed or not. I will hold my coins until the market recover.

Holding your coin until it recover is a good strategy but to lower your risk, you should buy other coin to break even your investment. Thats why i dont panic at all because even I sell my dump coin, i can still recover it because of my strategy to buy at others dump coins which is usually at top 50 altcoins in the marketcap.

[HV3S]

I usually just hold and also buy more coins when the prices are falling.

Sometimes I also sell a small percentage of my holding and try to buy it again at lower price.

But I never sell all of it. The market is very unpredictable, so it's too much risk selling it all.

so I make myself more comfortable with that.

[Nikkolodeon]

I don't really panic at all, I mean I always have a trust in what coin I am investing I'm just hplding the coin until it pump up again. I know you will have a huge loss if you just trust that it will go up you will loss your money until you regret it but it is part of trading. You must always contain your emotions.. but there are some circustances that You will panic because you thought that you will loss all of your investments which is why there are so many traders who sell their coin at a dump price.

[e19293001]

The Virgin Panic Seller
- frantically sells as soon as the value dips
- trusts whale FUD on television
- constantly questions his investment
- happy with his 10% gains over 6 months
- think buying a lambo is just a meme

The CHAD Hodl
- has been hodling since birth
- buys coin when price is low and everyon panics
- >6000% gains this year
- sees through FUDs
- spends more time thinking about lambo than coin value

[Trela]

i do not fear. the cryptocurrency has been a part of the economy now. So, i do not fear they can be destroyed or not. I will hold my coins until the market recover.

Holding your coin until it recover is a good strategy but to lower your risk, you should buy other coin to break even your investment. Thats why i dont panic at all because even I sell my dump coin, i can still recover it because of my strategy to buy at others dump coins which is usually at top 50 altcoins in the marketcap.

Buy other altcoins will not help you recover your funds in the bearish trend. Did you invest altcoin in June 2017? If you were the buyer in that time, you knew the price of altcoin just dump and dump until August 2017 and December 2017 to pump 50% or old highest price in the past.

[Fatunad]

i do not fear. the cryptocurrency has been a part of the economy now. So, i do not fear they can be destroyed or not. I will hold my coins until the market recover.

Holding your coin until it recover is a good strategy but to lower your risk, you should buy other coin to break even your investment. Thats why i dont panic at all because even I sell my dump coin, i can still recover it because of my strategy to buy at others dump coins which is usually at top 50 altcoins in the marketcap.

Buy other altcoins will not help you recover your funds in the bearish trend. Did you invest altcoin in June 2017? If you were the buyer in that time, you knew the price of altcoin just dump and dump until August 2017 and December 2017 to pump 50% or old highest price in the past.

Diversifying is good but come to think off on adding the risk involved. Not all the times that new coin being bought would guaranteed for you to break even your loss in the money you do invest. It would either go that way or into opposite which would result into a deeper problem.Diversifying can really give the opportunity to income even more but do still have the risk on losing even more too.

[WhaleHunter]

How do you express yourself in English? WTF does "how do you panic" actually mean in your mind? I think you should try to express yourself properly at least in the title of your threads.

[yesss]

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 am extremely worried yesterday's bitcoin is dropping to just over $ 9000 on https://coinmarketcap.com/. I am extremely worried, whether the bitcoin is really a bubble and is about to break. We know only four weeks ago, that is, by the end of 2017 the price of a bitcoin has reached $ 20000 and now it has dropped by more than 50% of the value. Should I sell or keep, I have lost 30% of my assets.

[rejin29x]

that was a very awful memories, i sell my coin when all the coins on the market drop heavily to cut lost and get some money to use, but in that night the price got back and rise more than 100% in a day, i consider to buy or not and quickly made decision to buy, but eventually the price drop again made me panic selling or not, and i chose not to sell and lost all profit when it drops more.

[engrlodi]

Sometimes we don’t need to panic because it is only a dump but the value will comeback again in no time . Panicking is hard when it comes to selling because it is hard to lose money and we don’t need to panic selling. Panic selling is not helping in the marketing of cryptocurrency and it will cause bad effect in marketin of cryptocurrency when it comes to value. It is better hold or just panic buying. Panic buying because it is better to buy altcoins or bitcoin when the value is dumping because you will have a lot of value of bitcoin and altcoins.

[Apened]

that was a very awful memories, i sell my coin when all the coins on the market drop heavily to cut lost and get some money to use, but in that night the price got back and rise more than 100% in a day, i consider to buy or not and quickly made decision to buy, but eventually the price drop again made me panic selling or not, and i chose not to sell and lost all profit when it drops more.

Thats how stories works and its good to know in your side, it is something for a cause that you know and you definitely adjust from it if you do.

Ideally there is nothing to be in panic all pumps have a dumps or dips and all dips have a rise like what i am always saying it depends on what altcoin is it. I did wrong even i am trading for a long time ago evenmore a panic buying in return that everytime i bought i tried to learn something and look for adjustments. I keep on finding the best entry or shot for me.