Solution to overcome panic

[oloveloveo]

As a newbie, sometimes when looking at the declining bitcoin price chart finds it confusing to decide whether to sell or hold assets. What should we do when under such conditions.

1. Seek information or signal to the next bitcoin price movement
2. Join groups or communities of crypto merchants, or
3. Confident and reinforce the belief that bitcoin prices will recover.

If you have any other suggestions, I would be more pleased. Thank's

A lot of people get panicked when they see that the market is red.
After checking they will check it again after a few minutes and get panicked again.
Your checking all the time will not affect the price of it, it will only lead you to become desperate and in worst case scenario you will sell it.
Then after a couple of days when the price rose up again you will regret.
I dont really have large amount of bitcoin so i dont really panicked a lot if bitcoin drops but i have a lot of friends that when they see the current value drops a lot they will not check it for maybe a day or two.
Just clear your negative thoughts and be positive. Just think for a longer term not instantly.

[mifanmuzny]

The way to stop panic is to not engage in panic inducing activities such as day trading. It is like the old joke; a man goes to the doctor and says my arm hurts when I put it overhead. The doctor says don’t put your arm overhead.The only verifiable key to beating the market, which I assume you wish to do, is to a invest in a portfolio of well diversified uncorrelated index funds. With the caveat the market itself, in many analysts’ view is overvalued and for the past two years and again peaking again currently these analysts are predicting a coming disaster for all form of assets including real estate, bonds and equities. Many well informed investors have moved from stocks, and one respected analyst Mohamed El-Erain is using a bar bell approach for his investments. I have kind of neutral opinion on it though a good move seems to be to have more cash than one normally has.

[tot-o]

Other's advice is really correct, it's time to reeducate our self about Cryptocurrency, aside from buying and holding what else would or could we do to improve our self in engaging to crypto world.

[boksoon]

As a newbie, sometimes when looking at the declining bitcoin price chart finds it confusing to decide whether to sell or hold assets. What should we do when under such conditions.

1. Seek information or signal to the next bitcoin price movement
2. Join groups or communities of crypto merchants, or
3. Confident and reinforce the belief that bitcoin prices will recover.

If you have any other suggestions, I would be more pleased. Thank's

Solution to overcome panic is is only just relax your self keep away from searching don't monitor the value for several weeks or months just prepared strength to go back in crypto world after your relaxation.

[Jancuki]

As a newbie, sometimes when looking at the declining bitcoin price chart finds it confusing to decide whether to sell or hold assets. What should we do when under such conditions.

1. Seek information or signal to the next bitcoin price movement
2. Join groups or communities of crypto merchants, or
3. Confident and reinforce the belief that bitcoin prices will recover.

If you have any other suggestions, I would be more pleased. Thank's

do not too often see the price in the market because it will only make us more worried. try to remember your goal plunge into the world of investment, do not you want to make a profit ?. Stay patient and try not to panic.

[Anakcikal]

stop thinking habits to reduce the price of bitcoin that causes anxiety and replace with thoughts about things that make you feel happy and peaceful sure also Self confidence and strengthen confidence is not easy also affected olrh others

[djsugar]

I will tell you the strategy that I use.
So every time I see a major dip, I obviously feel panicked since I hold a lot of Altcoins. The moment value of ETH or BTC falls, it takes a hit on the value of Alts as well.
Instead of refreshing the page every five minutes, I take a break from the internet and go out to watch some movie. The movie definitely helps in lifting the mood. By this time, all the negative thoughts regarding the future of BTC begin to subside and I start becoming optimistic that Bitcoin will recover.
Then, I read the news thoroughly by going through the forums and multiple telegram channels I am subscribed to in order to know the reason for the DIP.
Once I get enough news, I settle down and take the call. If there are chances that market would fall further, I sell my assets and if the market falls down because of some negative news, I HODL till the time market settles down.
This strategy has been very helpful and certainly saves me from the panic.

[andeonnut]

The biggest and most obvious way to not worry is to not invest more than you can lose and also take bear market as a chance to develop skills like TA.

[carlisle1]

Stop looking at charts,forget for a while checking prices thats what you must do to overcome panicking coz even how hard we try to overcome with help of others,but the truth is we cant help our self thinking whenever we saw the market value

The biggest and most obvious way to not worry is to not invest more than you can lose and also take bear market as a chance to develop skills like TA.

Thats the natural way,but you cant advice that when the things are happening already whe the bearish market is in front of us

[harrypot]

 If you want to gain in this sector patience is must needed thing. So, hold yourself and if you already invested something, take it as FDR. Time will be changed and BTC price will move up.

[faceoff97]

As a newbie, sometimes when looking at the declining bitcoin price chart finds it confusing to decide whether to sell or hold assets. What should we do when under such conditions.

1. Seek information or signal to the next bitcoin price movement
2. Join groups or communities of crypto merchants, or
3. Confident and reinforce the belief that bitcoin prices will recover.

If you have any other suggestions, I would be more pleased. Thank's

You wont actually get any information what price would take place in the months, there were predictions but this haa no certainty that it would actually happen. Since bitcoin depends on people's decision and demand, tge price would be unpredictable and everchanging. Communities doing bitcoin might actually help, but join a private group who is really knowledgeable about the system.  The mainstream media has really the influence on the price, make sure get legit news about it.

[okissabam]

The advice I can give you is never stop pearning about Bitcoin and other cryptocurrencies especially its graph chart because once you are able to learn about trading, the lesser you’ll panic and the more you will be confident in your strategy. Of course, seeking out advices from other people have some impact too but it would be an advantage if you yourself can overcome your fears of panicking.

[engrlodi]

For me, always do research about the value of bitcoin. Researching can help you to overcome the fear because in this youvan know when will bitcoin have a great chance to pump again. More information, more knowledge you will know and learn because of this you can have confidence to overcome your fear and panic if the bitcoin goes dump. Always remember that bitcoin will never die.

[JillClarissa]

As a newbie, sometimes when looking at the declining bitcoin price chart finds it confusing to decide whether to sell or hold assets. What should we do when under such conditions.

1. Seek information or signal to the next bitcoin price movement
2. Join groups or communities of crypto merchants, or
3. Confident and reinforce the belief that bitcoin prices will recover.

If you have any other suggestions, I would be more pleased. Thank's

I think the best way to overcome panic is to learn to adapt. The price of the currency is not stable, when it happened down in price, people will be panic, when you experience a lot of time after such a situation, I think you can overcome the panic, so you don't have to deliberately help others solve panic, I don't think this will have very good effect

[Anies_Sandi]

As a newbie, sometimes when looking at the declining bitcoin price chart finds it confusing to decide whether to sell or hold assets. What should we do when under such conditions.

1. Seek information or signal to the next bitcoin price movement
2. Join groups or communities of crypto merchants, or
3. Confident and reinforce the belief that bitcoin prices will recover.

If you have any other suggestions, I would be more pleased. Thank's

if I choose the third one, confident and sure whatever happens. The optimist is necessary in all things especially at this point.

[markleal]

As a newbie, sometimes when looking at the declining bitcoin price chart finds it confusing to decide whether to sell or hold assets. What should we do when under such conditions.

1. Seek information or signal to the next bitcoin price movement
2. Join groups or communities of crypto merchants, or
3. Confident and reinforce the belief that bitcoin prices will recover.

If you have any other suggestions, I would be more pleased. Thank's

Hi there eduvacation.net!  Those are good tips for those people just like me who sometimes got panic when the bitcoin price is falling fast. I have tried to do some of the listed tips but sometime they give me more urge to sell or buy. Example is the groups, when most of the people in the groups is saying to sell, i am pushed to sell in thinking that is the good thing. Because there are many people that are selling I just go with the flow. But later I have notice that when most of the people are selling, it is the right time to buy because most of them want to sell as fast as they can. I think what could I contribute is just stay with your plan. If you plan for a long term, stick to it and don't go with the decision of others.

[ololajulo]

I read headlines that are positve on bitcoin but for altcoin I only read the twitter updates and follow link to get informed on the projects. I always tell myself that not all projects can be successful or give a great profit, so if one or two fails out of ten it is still a profit for me.

[sujonali1819]

As a newbie, sometimes when looking at the declining bitcoin price chart finds it confusing to decide whether to sell or hold assets. What should we do when under such conditions.

1. Seek information or signal to the next bitcoin price movement
2. Join groups or communities of crypto merchants, or
3. Confident and reinforce the belief that bitcoin prices will recover.

If you have any other suggestions, I would be more pleased. Thank's

Don't see price always because by seeing, again and again, you will be decided ownself to sell the coin in lose.And be stronger about your patient.And try to control your emotion that helps very much I think. These are my recommendations. Try this I hope will get benefits by that.

[Yarsk]

The best thing to do when it comes to bitcoin is to have adequate information, having a good knowledge of the bitcoin network will help in reducing the rate of panic at every crisis in bitcoin. Knowing how volatile bitcoin is and the way the market works will always eas your tension during dips.

[Virman01]

it happens to me, and I'm feeling right now. worry always always blanket the mind. if bitcoin prices are declining.