Solution to overcome panic

[Gotottack]

The solution is to divert all your energy to something you can better well take control of. You have to understand that once you enter in the world of cryptos, you really cannot take control of the money you have invested; in fact, your only control is when you decide to HOLD or WITHDRAW. Other than that, you have no say on what or how the market will be. What is worse is the crypto market per se is fluctuating over and beyond what is expected of it. All I want to emphasize is for you to have a better understanding on how crypto's market works because when that happens, you will know how to deal with panic selling thereby avoiding incurring huge losses.

[arinibawal]

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

Some possible solutions might help, for example
- Do not get easily instigated by oblique issues about bitcoin. Always digest the information and confirm the truth before catching the conclusion.
- Master or learn more about business and cryptocurrency. So you can know the crypto situations, and understand what steps should be taken.

[Bustart]

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

The solution to overcome the panic of changing prices in all markets, we can communicate with old players who already know about bitcoin prices, what else if we can talk to traders who better understand in this field, so we are not stuck in a panic about the price ..

The best way to overcome fear is to relax and stop negative thinking. Most specially in the journey to crypto, where it has its flaws and bumps. Bitcoin's price is volatile and is unpredictable. We sometimes fail and fall, but our respond to panic is all that matters. Let's all be positive and learn how to control our feelings. Always think that you are not alone, we are one in this journey, we are here to work and help each other.

[Desmo]

the market is extremely sensitive to negative news more than to positive news, and panic moods are created at one time, linking things independent of each other and events. Despite all this, BTC has already managed to win back almost half of the lost and is now trading at around $ 10,000.

[otandelapaz]

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

Check its recent price history, like year's trend. You'll observe that the price really went up high before the year ends. Joining communities or group is good but not always. You'll observe that in these groups where you can see a lot of FUDs and speculations based on nonsense.
I like your number 3 item. That's the most decent thing to do these days. Be confident, remember that Bitcoin's price is too way much cheaper years ago that today's prices.

[BayuMunawar]

Take a deep breath to exhale slowly and remain calm

[hushwind]

Better to not know much about it, you will either get mad or get addicted to it LOL

[mel_smog]

Best way to overcome panic is to know that blockchain is the future and will change our world

[LETme]

Just relax, ignore those negative news, stop checking the price everyday to prevent emotional distress by that you can control your emotions to become not a panic seller, hold your crypto be more patience and trust the process.

[TiffanyLien23]

Each of us has its own experience at the panic stage especially those time that we are new to this world of crypto because i myself has already experienced it. When i first invest in bitcoin. Well probably i really don't know how it works and suddenly experience some decline. I panic at that time and ask myself if i do the right thing to invest but after reading some news and information. My panic is gone little by little. I suggest that don't overthink of our investment. Educate ourself of what is happening in the market. Just relax. We dont have to get panic because if we do, we might get a big lose of what or how much we invest.

[ngefek berat]

To face all these problems I tend to rely on confidence and optimism that in the coming months prices will rise again so that panic can be avoided and anticipate the occurrence of large losses.

[the rise]

start looking for positive information / rumors and join an ever-optimistic trading community with many advantages of altcoin, when bitcoin prices have not found improvement, then we do not need to panic with too many rumors. ignore and start looking at analytics charts on the market because when prices go down-we can still make a profit out of the fluctuations.

[Russlenat]

For me I just relax and set back, I know it is just temporary, bitcoin and other top cryptos will rise again, I have faith and trust in bitcoin that its price will not go back to dip.

[Ayston]

One thing is to have a sit, make coffee and sip, sit back and relax! Bitcoin is about strategy and knowledge not rushed decisions or anything else.

[webdevmastery]

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 you are scared that you will lose your investment just because the price in the market is dumping then try to read positive speculations and different news about cryptocurrency so that it will boost your confidence for holding your coins.

[TheUltraElite]

Take a deep breath to exhale slowly and remain calm

I generally dont agree to posts like this but I would say yes. Calming down the disturbed mind helps a person to focus and think logically their next step. They may want to trade according to the market but get adverse results if they would take stubborn decisions.

start looking for positive information / rumors and join an ever-optimistic trading community with many advantages of altcoin, when bitcoin prices have not found improvement, then we do not need to panic with too many rumors. ignore and start looking at analytics charts on the market because when prices go down-we can still make a profit out of the fluctuations.

But that is technically a type of shill promoting yourself being one of the shills. Not something that I would endorse but if you can manage to make money off it then its good.

One thing is to have a sit, make coffee and sip, sit back and relax! Bitcoin is about strategy and knowledge not rushed decisions or anything else.

Too much coffee will make you insomniac. A trader needs to take proper sleep to keep their minds fresh.

[Dudeperfect]

The best possible way to avoid panic decisions is to keep the maximum negligible amount in crypto so that even in the worst market situation, it won't affect the lifestyle routine and thus there won't be any pressure of taking any decision in such situation. I have observed that patience is the most crucial factor when things are moving in the worst direction and most of the impatient investors suffer in such cases. Risk assessment, the right information and in-depth analysis are the keys to keep calm in my opinion.

[hualangktsld841]

I think panic is a kind of emotion. In the encrypted world, panic is common. We all know that the encryption market is always accompanied by a sharp rise and fall. I think the best way of customer service panic is to calm down at once, and leave as much as possible to do something else. Do not join the group or community of encrypted businessmen at this time, because when everyone is more panic, gathering together will make the mood magnify, and I rarely go to the telegraph and twitter when the market plunge.

[voron84-05]

I personally recommend in such situations to postpone all trade and just do some useful things.
The whole problem is that due to lack of experience you can lose most of the deposit.
So if you are not a professional trader, it's better to look at the fall from the side.

[dvillier]

 The arrangement is to redirect all your vitality to something you can better well take control of. You need to comprehend that once you enter in the realm of cryptos, you truly can't take control of the cash you have contributed; indeed, your exclusive control is the point at which you choose to HOLD or WITHDRAW. Other than that, you have no say on what or how the market will be. What is more terrible is the crypto showcase fundamentally is fluctuating over and past what is anticipated from it. All I need to underline is for you to have a superior comprehension on how crypto's market functions since when that happens, you will know how to manage freeze offering along these lines abstaining from bringing about enormous misfortunes.