Don't panic!

[qiman]

I am not panicking but as we know that the markets are still going to go down further, we have decided with my Wife to sell off a small portion of our portfolio to get some health issues done and basic house repairs, like a leaking roof fixed and not delay our lives any longer. If the market turns then we still got 90% of our portfolio in tact to rise and make some profit from. In any case whatever we have is a bonus as we earned all our coins through working hard on the internet. Of course if we had sold at ATH few weeks ago we could have probably semi retired with that money but never mind we make mistakes and we learn but I am not panic selling but strategically planning and making use finally of some of the income sitting there, not just for survival, but at least to make our lives a little ibt more comfortable in the mean time and if one day our coins left we hold moon, then we might even take a nice family vacation.  

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[ramini]

If you invest a lot of you hard earned money from your own pocket then it's normal that you feel panic this time because I know that everyone invested cryptocurrency with one purpose, to get profit someday and that's why many of us are investing for short-term and long-term investments because we to see our good future.
I would say, don't panic and hold your money as tight as you could because after this crisis, Cryptocurrency will soon going to the moon.
Panic will lead you to lose your investments and will take away your happiness...

[kerpangan64]

then how do we get to this kind of problem,
is not this very difficult to gain profit in the near future

[cryptokudi]

Of course, you will be afraid losing your money, but just keep your head clear This is one of the ways of changing your average entry price but would really be hard to convince yourself on investing even more because of the panic that price dips do give into you. If you are trading on swings then this would be applicable but you should really be a risk taker since price movements won't really be a guarantee that it would go on what you did expect.

[OrangeSeller]

Great post, and full of informations. thanks

In the world of crypto currency, the worst thing which you do to yourself is to get panic especially at the time when the market value is falling down. Getting panic actually makes you suffer in a way that you lose control over your emotions and you make decision on which you later on regret in your life. It is better not to do such kind of thing especially when your money is at the stake.

[ethereumhunter]

although we should not panic but the fact, we don't want to see the price is suddenly down too deep like today and some of us trying to sell their bitcoin while they getting lose of their money. I see that people doing fast selling before the price get deeper than now and they expecting to buy at lower price. but I really like with the calculation from the OP and I think we can use this as our guide to cover our lose so far and I think it will reduces our average entry point.

[LUCKY21]

It is in order that people in a panic began to sell their bitcoins and put on the market negative rumors about bitcoin. Have patience and wait. Correction can not last forever. It will end and growth will begin.

[axiline]

Thanks for the info.
I was very panicked, the bitcoins prices fell sharply, and the chart shows a declining day.
After I read this information, I can buy it again.

[Nana_Marini]

We must be patient and wait until the price is too high guys. Panic make our get small profit. So, I think that patient is key to get many profits

[liangweicha]

Indeed, panic has no effect.
The bear market in cryptocurrency markets has come, and I think the only thing I need to do right now is to wait for the next bull market to come, and I don't think it will take too long.

[engrlodi]

I agreed, please don’t panic sell. Panic selling is not helping for the market of cryptocurrencies and it can have a low value in marketing. For me, it is time buy more altcoins or bitcoin to have a greater profits in the future and it will have a good value in the future. Panic selling is not helping the marketing of cryptocurrency and also you. You will have a negative profits if you sell your coins in a low value and you can lose money if you sell your coin. The better decision is to buy more altcoins or bitcoin and hold it until the prices will increases again.

[EastSound]

nice one bro , im doing this too  , but its hurts lol

it will not hurt you if you will not look at it as short term investment, better stay positive and start buying more bitcoin as possible. hopefully next month prices will go up. stay positive.

[KTPU777]

I also think that you do not need to sell now. Do not panic. This from us just jute those who are sowing this panic. Just need to wait a little. The market is cyclical and soon the price growth should begin.

[jkinit2125]

At today's market the persons or community finally into crypto has slowly increased. But these persons have became investors yet so unknowledgeable. These weak hands or participating in panic selling are investors which has insufficient learnings about the cryptocurrency. We should always remember at all times that when you invest, you should study, research or make some investigation about where will you put your money in. At this case, when you are in the cryptocurrency, price fluctations are very normal. No market has always become on the point of increasing without any even slight or small decrease in the market.
The knowledegable persons and experts should lend sometimes a hand for those who are unequipped to also produce better investors rather than weak hands.

[GreenCoin22]

I think its not neccesary to do panic right now, Btc cant go always just up if it ll be like that it wouldnt be trading it would be profit platfrom. So be patient and wait moving of btc it is very soon.

[koloNikolo]

It's so hard to be patient and don't panic. Especially when you bought around 16000. C'mon BTC. I can understand bad news but why now we see dump? And predictions are around 3900-4490... I'm shocked.

[Flying_Soul]

Well, all this mess on market is partly BECAUSE of all those panic-sellers!

[Veter2000]

It's so hard to be patient and don't panic. Especially when you bought around 16000. C'mon BTC. I can understand bad news but why now we see dump? And predictions are around 3900-4490... I'm shocked.

If you were entering with the target of 30,000 dollars for 1 bitcoin with the investment horizon of 1 year. Then what's the point of panicking?

[kaeluxdeuz]

This is good advice.
Don't panic or you can lose a lot of money if you panic sell.
Holding long-term is the way to go. The prices of most top coins will be rising soon and the market will be back on its feet.
This happens from time to time in the crypto-market.

[CaptainKid]

It's so hard to be patient and don't panic. Especially when you bought around 16000. C'mon BTC. I can understand bad news but why now we see dump? And predictions are around 3900-4490... I'm shocked.

It's hard, but what a choice you have, sell everything now at such low prices, or overcome yourself and in time you will make a profit when bitcoin and altcoyines will again begin to grow in value.