Three things you should not do when Bitcoin prices drop!

[marlonbatotoy]

When Bitcoin drops.. I causes a panic feels. I myself feels to sell my token because of the price fall and it make me feel panic and having so many what if's.. What if it falls to the lowest price what will happen to my invest.. It's easy to say to people that dont sell their token if the price falls but if you were in the situation, it's hard but if you think hard and remember that even you sell it you just receive small amount and if you hold it, you have a chance to dou le the price..

[1714780802]

1714780802

[ci1990]

Never panic sell in a coin that you believe in.

Don't forget that after every drop, a rise should come.

BTC is here to stay. Don't be afraid. Just be patient.

[btccointalk]

Trading or investing in the Crypto market is a psychological battle for yourself. Securities investors often say that investing in traditional markets requires very high disciplinary action. This demonstrates how they will control themselves for the volatility of the market. How can they eliminate the wrong decisions that most people still make and adhere to the strategies they have set.
If traditional markets require discipline, the Crypto market requires resilience and a sense of steel. The Crypto market has tremendous fluctuations in comparison to other markets in the world, in this market the preparation of emotions and keeping a cool head for a trader requires a lot of practice.
Here are the things you need to remember and when you need the best psychology for a Trader to cope with market fluctuations.
Do not try to catch the right market!
If you are really lucky to have a source of money to invest in when the market goes down, it can be a good time to start making money. Many people keep thinking about adjusting the market as a "Flash Sales", and always try to think of getting the bottom right of Bitcoin to make the most profit, but then you will notice the bottom of the day. this is the peak of tomorrow.
When you look at price charts, look at the price of coin straight into the pit, you ask yourself when it will stop the price drop? You are catching yourself to catch the bottom of this rebate. Getting the bottom means you are trying to trade in a bottom of a downtrend trend. It must be emphasized that it is really difficult to get the bottom right in a downward trend, which is just like posting a knife with a high velocity.
If you still insist on capturing the bottom of the rebate, you are missing out on a lot of better earning opportunities. There may be times when the secret is simply "ONLY, ONLY AND ONLY" until you have identified a trend reversal of the market. Many people lose more when they keep their view on having the most profit when they catch the bottom. From time to time, you intend to place orders when thinking that the current price is closer to the bottom of the market than waiting to determine the right trend.
Do not sell your coin when looking at your coin soaring!
Many people have done this, the general psychological tendency of the market. Many stories share the same plot, and each time you see a coin A rising drastically, you start to sell your Coin B and immediately jump into Coin A. The psychological effect is called The FOMO is a normal fear of human psychology but is really dangerous in the Crypto market.
Do not stare at the Chart all day!
Those who have just entered the market, will spend a lot of time to "charting". Looking back, if you are honest with yourself, how much time you wasted. You spend a lot of time learning and learning the knowledge and application, but also spend a lot of time aimlessly to look forever into the computer screen with the red blue.
Sometimes the best thing you can do is to put a little order, walk scattered, trust the strategy you set, and remember "IF YOU DO NOT COME BACK TO YOUR STRATEGY, YOU ARE SURFING IN THE MARKET "

Your points are absolutely true . I want people to read these points because I can see people making posts all around panicking about the fall in price. They should know that fluctuation in the price is the nature f Bitcoins.

[Akenosi]

Over anxiety is one of the danger of bitcoin when you became too anxious the market will fall or is falling fear creep in to sell their coin, but don't be just relax and wait patiently,above remember there is always a massive rise to a fallen prize just be optimistic.

[edisystem]

Over anxiety is one of the danger of bitcoin when you became too anxious the market will fall or is falling fear creep in to sell their coin, but don't be just relax and wait patiently,above remember there is always a massive rise to a fallen prize just be optimistic.

That's why it's better to stay away from the crypto market and not check the price every single time, because it will give a you a bad affect like you become anxienty and it will make you to make a bad decisions on the market. I think the best things to do when the bitcoin price drop is, wait and hold. Just wait until a good moment come, because i'm sure the bitcoin price can go up again.

[Bitfling]

Following and dicipline with our strategy is good thing when we trade in market. I think the most important thing in market is we should not panic with market movement because market fluctuation in crypto very high

[bitterdog]

Trading or investing in the Crypto market is a psychological battle for yourself. Securities investors often say that investing in traditional markets requires very high disciplinary action. This demonstrates how they will control themselves for the volatility of the market. How can they eliminate the wrong decisions that most people still make and adhere to the strategies they have set.
If traditional markets require discipline, the Crypto market requires resilience and a sense of steel. The Crypto market has tremendous fluctuations in comparison to other markets in the world, in this market the preparation of emotions and keeping a cool head for a trader requires a lot of practice.
Here are the things you need to remember and when you need the best psychology for a Trader to cope with market fluctuations.
Do not try to catch the right market!
If you are really lucky to have a source of money to invest in when the market goes down, it can be a good time to start making money. Many people keep thinking about adjusting the market as a "Flash Sales", and always try to think of getting the bottom right of Bitcoin to make the most profit, but then you will notice the bottom of the day. this is the peak of tomorrow.
When you look at price charts, look at the price of coin straight into the pit, you ask yourself when it will stop the price drop? You are catching yourself to catch the bottom of this rebate. Getting the bottom means you are trying to trade in a bottom of a downtrend trend. It must be emphasized that it is really difficult to get the bottom right in a downward trend, which is just like posting a knife with a high velocity.
If you still insist on capturing the bottom of the rebate, you are missing out on a lot of better earning opportunities. There may be times when the secret is simply "ONLY, ONLY AND ONLY" until you have identified a trend reversal of the market. Many people lose more when they keep their view on having the most profit when they catch the bottom. From time to time, you intend to place orders when thinking that the current price is closer to the bottom of the market than waiting to determine the right trend.
Do not sell your coin when looking at your coin soaring!
Many people have done this, the general psychological tendency of the market. Many stories share the same plot, and each time you see a coin A rising drastically, you start to sell your Coin B and immediately jump into Coin A. The psychological effect is called The FOMO is a normal fear of human psychology but is really dangerous in the Crypto market.
Do not stare at the Chart all day!
Those who have just entered the market, will spend a lot of time to "charting". Looking back, if you are honest with yourself, how much time you wasted. You spend a lot of time learning and learning the knowledge and application, but also spend a lot of time aimlessly to look forever into the computer screen with the red blue.
Sometimes the best thing you can do is to put a little order, walk scattered, trust the strategy you set, and remember "IF YOU DO NOT COME BACK TO YOUR STRATEGY, YOU ARE SURFING IN THE MARKET "

Thank you so much for the advice. I think these tips can be useful for us.

[FrozenPhantom]

That's 3 things really important it anyone involve with bitcoin. Many newbie becomes afraid at this time and do mistake and at the end thet loses. Don't need to be afraid at this time.

[anehh]

Trading or investing in the Crypto market is a psychological battle for yourself. Securities investors often say that investing in traditional markets requires very high disciplinary action. This demonstrates how they will control themselves for the volatility of the market. How can they eliminate the wrong decisions that most people still make and adhere to the strategies they have set.
If traditional markets require discipline, the Crypto market requires resilience and a sense of steel. The Crypto market has tremendous fluctuations in comparison to other markets in the world, in this market the preparation of emotions and keeping a cool head for a trader requires a lot of practice.
Here are the things you need to remember and when you need the best psychology for a Trader to cope with market fluctuations.
Do not try to catch the right market!
If you are really lucky to have a source of money to invest in when the market goes down, it can be a good time to start making money. Many people keep thinking about adjusting the market as a "Flash Sales", and always try to think of getting the bottom right of Bitcoin to make the most profit, but then you will notice the bottom of the day. this is the peak of tomorrow.
When you look at price charts, look at the price of coin straight into the pit, you ask yourself when it will stop the price drop? You are catching yourself to catch the bottom of this rebate. Getting the bottom means you are trying to trade in a bottom of a downtrend trend. It must be emphasized that it is really difficult to get the bottom right in a downward trend, which is just like posting a knife with a high velocity.
If you still insist on capturing the bottom of the rebate, you are missing out on a lot of better earning opportunities. There may be times when the secret is simply "ONLY, ONLY AND ONLY" until you have identified a trend reversal of the market. Many people lose more when they keep their view on having the most profit when they catch the bottom. From time to time, you intend to place orders when thinking that the current price is closer to the bottom of the market than waiting to determine the right trend.
Do not sell your coin when looking at your coin soaring!
Many people have done this, the general psychological tendency of the market. Many stories share the same plot, and each time you see a coin A rising drastically, you start to sell your Coin B and immediately jump into Coin A. The psychological effect is called The FOMO is a normal fear of human psychology but is really dangerous in the Crypto market.
Do not stare at the Chart all day!
Those who have just entered the market, will spend a lot of time to "charting". Looking back, if you are honest with yourself, how much time you wasted. You spend a lot of time learning and learning the knowledge and application, but also spend a lot of time aimlessly to look forever into the computer screen with the red blue.
Sometimes the best thing you can do is to put a little order, walk scattered, trust the strategy you set, and remember "IF YOU DO NOT COME BACK TO YOUR STRATEGY, YOU ARE SURFING IN THE MARKET "

Don't get carried away by emotions and ambitions for big profits in a short period of time. Always be patient and always see developments that can cause a bitcoin price movement, if we are able to master it, then I'm sure to always benefit and never panic about the situation. in bitcoin price movements.

[Compiler]

Well that's the bad part, there are people who get scared very fast. It is usually the people who bought it recently and never before has suffered a price decrease.

And they are looking at the graphs every 10 minutes to see if they do not go to the well.

[rickyNmorty]

1. You should not be afraid and sell your bitcoins.
2. You should buy more bitcoins when their prices hit the bottom.
3. You have to persist and store your bitcoin for long.

I agree with these three things. It is surely important that an individual or an investor will have the guts to do something with his coin, it is just the perfect timing to buy at the same tome the perfect timing to sell. It is equally important that you should buy at the low price, the market that is not in a good state is a great opportunity to be grabbed. And lastly bitcoin is our future therefore we must consider holding it until the future.

[BlueBruiser]

When the price drop to the bottom that's the high time to hold some bitcoin by buy it. And don't be panic if you hold some and now it's market is down from your buying price. Be patient and hold it for long term.

[tuturutmunding]

I remain optimistic and believe that the price of bitcoin will increase doubled by the end of this year and I advise you not to sell it when the price is down. On the contrary, at this time we must make a purchase for our investment and we must remain patient wait until a sunny day comes for bitcoin investors

[DarkVampire]

Many bitcoin holder becomes afraid about bitcoin market and then they start to sell their assets. But it's the time to be patient and hold it till the price increased. So it's not the time to be panic.

[CandyCoconut]

I agree with your three important points not to do while price fall down. We all crypto lovers as well as crypto holder should know and follow to get escape from lose. I suggest you another point, that is panic sell, is very bad in business.

[xcajun21]

Actually, imo taking profit is the best tactic (better be safe then sure), and nothing to blame there; why always want more? Just want less and be grateful.
The prices are not controlled by people not selling, but by over all volume... because this show the implication of people, and how many are involved in it.
Day trading or swing trading, imo (i am not an expert) is all about entering at proper time, enough to build a base (ur on 3% gain for example), use that for next entry, either take the profit, or just add more to the investment (take new position), and so on.

I noticed i am way more confident if i even have a small profit since last trade. This is how confidence is BUILD ON, victories, LOTS of small victories.

[lamcouz]

Nowadays crypto market has a slight recovery and it shows that bear market has temporary ended. I think this might be a good start for the crypto market in gaining it's momentum to a much further increase in the coming weeks. Investors are now at least slightly comfortable with the current adjustment and hoping for a sustaining pump soon.

[lebron]

In moments like this people tend to be inhesitant in their acts all because prices have declined but in all, be patient and considerate in your decisions,do not sell your coins with the fear of it dropping again, dont be a coward buy more coins if you have the resources to.

[bulanso12345]

It depends on the person holding the BTC. At the current price of BTC, you cannot avoid to look at the price chart and waiting to rise again.
If you invested last December 2017 you might have a heart attack right now.

Nowadays crypto market has a slight recovery and it shows that bear market has temporary ended. I think this might be a good start for the crypto market in gaining it's momentum to a much further increase in the coming weeks. Investors are now at least slightly comfortable with the current adjustment and hoping for a sustaining pump soon.

[naruto7676]

When the bitcoin price falls, I sell it at a low price and I'm afraid that the price of bitcoin is bigger, so most traders sell their bitcoin at a lower cost when its price drops.