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Author Topic: How do you Panic?  (Read 39820 times)
kavindra
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February 07, 2018, 01:56:24 PM
 #1101

I usually panic if the price of bitcoin or altcoin that I buy has decreased, so I do cut loss, but it happens when I first do the trading, now I am more able to control my emotions so I can reduce the loss, and I prefer to hold than sell investment of bitcoin and altcoin.

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February 07, 2018, 02:02:39 PM
 #1102

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?

Based in my funny experienced, before when i just started crypto trading, i got panic when the coin droped, so i sell right away my  crypto coins. And after that when i checked again the graph that it arises, i will knock my head and regret. But now when I saw my coin price falling, I will just ignore it and stay cool, until the prices back to its desired price or even increasing higher than before.

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syahdurindu
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February 07, 2018, 02:14:48 PM
 #1103

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?
Actually I panicked with bitcoin and altcoin prices down, but despite my panic, I tried to calm down and think positively, because the panic would not make the situation normal, it would only make things worse.
With positive thinking I can make a decision and hold the bitcoin until the normal price returns ..

littleDarper
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February 07, 2018, 02:15:57 PM
 #1104

By jumping up and down like a little girl, and then screaming.

FireShark89
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February 07, 2018, 02:17:21 PM
 #1105

No matter how hard I try to keep calm during volatile market movements, I just can't help but let my instincts take over. I end up buying at the peak and selling at the bottom most of the time.
Ailmand
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February 07, 2018, 02:18:52 PM
 #1106

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?

How do you panic? Smiley I think that title needs to be rephrased. Anyway, I think that many people although they are not happy with what's happening is trying to be objective with the situation and not trying to panic over the top. The cryptocurrency market as we have come to know it is unpredictable, it can unfold in many ways, some good, more bad, it is volatile as it can change at any time and at any moment. Therefore, as you choose to enter the market and venture in it, it is with the understanding that risks would be with it, and situations like this would happen. Therefore, instead of overdoing being panicky, why not use the opportunity to invest and do something for the future.

Glydel1999
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February 13, 2018, 07:21:34 PM
 #1107

Actually I am not panic when the price of bitcoin is going down. My knowledge in cryptocurrency helps me a lot to deal the unnecessary things that happen in the company and management of bitcoin.
sonali2015
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February 13, 2018, 08:06:19 PM
 #1108

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?
Crypto market always changable any time it price on the moon or get huge down.So first take a decession how much profit you want from your asset.Than you hold your asset and price are pumping you can sell this time.SO never sell any panic time but you can buy assetthis time.
Saveplus
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February 14, 2018, 04:46:00 AM
 #1109

I get panic when the price crashed down but I do change that for not to be stressed myself.I try to be patience and wait for the increasing just keep on holding and hoping for the recovery of its price value.Sometimes I get panic like a little kid who cry for a toy but suddenly I get controlled myself.
Birin016
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February 14, 2018, 01:22:05 PM
 #1110

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.
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February 14, 2018, 01:31:29 PM
 #1111

I believe everyone has a moment of panic.

The first time I held bitcoin, I saw a big drop, when I panicked and threw out bitcoin. It cost me some money. The next day I was not reconciled, and when the price was lower, I bought the bitcoins back, and a few months later I found out that I had made the right decision. Invest in digital currency to keep a cool head.
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February 14, 2018, 02:04:46 PM
 #1112

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.
I didn't agree with that as well as to say calm and don't panic. We are all a human being and not all people are aware of it there are many people joining cryptocurrency without having a full knowledge to their investments. I learn it from my mentor, the more people on top how much more the people who are in below them. The panic starts with the people in the people who are new in this crypto and im one of them in the past year even now. What's good to me is i handle and accept the risk before selling win or loss i think first. 
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February 14, 2018, 02:12:38 PM
 #1113

I believe everyone has a moment of panic.

The first time I held bitcoin, I saw a big drop, when I panicked and threw out bitcoin. It cost me some money. The next day I was not reconciled, and when the price was lower, I bought the bitcoins back, and a few months later I found out that I had made the right decision. Invest in digital currency to keep a cool head.

I have experienced the same situation as you did when I was starting in crypto but I did not gave up and gave it another try it worked out well for me too and I am very happy with the result after one year. I am not rich yet but at least my investment grow in just one year.

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jinx029
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February 14, 2018, 03:08:08 PM
 #1114

When i was starting in trading and buying i experienced many mistake decision but this is the key why i learned. I always challenge myself how can i overcome all the mistake i made. I remember the first time I scammed and all my token and ETH balance in my wallet was transferred to other account, i feel like "why me" and what can i do to come it back to me.
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February 14, 2018, 03:14:46 PM
 #1115

That’s nice if you don’t panic when the prices are going down and that too in the case of bitcoin. I don’t know why people get panicked and start selling off a precious coin like bitcoin at low prices, maybe they really come under pressure by the negative speculations regarding bitcoin made by bitcoin rivals and market competitors. We should keep in mind that we can only be successful with bitcoin if kept it for long time.
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February 18, 2018, 08:19:49 PM
 #1116

Actually I am not panicking in all decision that I made. I am not bragging myself , just telling the truth since I now how to manage my emotions.
I think that is my advantage in my job which is the trading. All my decisions are not affected from my problems, emotions and etc.
inillo
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February 18, 2018, 08:50:33 PM
 #1117

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 no longer panic. I did "panic" a bit during my first month in crypto, but now I am all right because even if I loose all my coins I still have job and savings.
Wolfwar
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February 19, 2018, 02:09:59 PM
 #1118

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 no longer panic. I did "panic" a bit during my first month in crypto, but now I am all right because even if I loose all my coins I still have job and savings.
this is how investors feel, who invested their money in the crypto currency, which they do not initially feel sorry for losing. That's when such a person is ready for various developments in the market for crypto-currencies.
ace4549
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February 24, 2018, 04:52:14 AM
Merited by mylifeisfullofalts (1)
 #1119

Actually I am not panic in the bitcoin price. I am a accountancy students and all regards to the currency are I know;
I think it is my advantage to others because I know the reason or implications why these things happen in the market value of bitcoins.
HalfDeck
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February 26, 2018, 10:16:58 PM
 #1120

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.
I didn't agree with that as well as to say calm and don't panic. We are all a human being and not all people are aware of it there are many people joining cryptocurrency without having a full knowledge to their investments. I learn it from my mentor, the more people on top how much more the people who are in below them. The panic starts with the people in the people who are new in this crypto and im one of them in the past year even now. What's good to me is i handle and accept the risk before selling win or loss i think first. 
Try to imagine the total money you can lose and also, try to think can you accept that loss amount or not. As long as you can be already with loss, you will not be panic by the FUD, because that loss you have predicted and accept it. This is my strategy for panic time.
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