Three things you should not do when Bitcoin prices drop!

[Riingdian]

At this point it is a great thing that you have drawn attention to the ways in which one can alert oneself. But it's really scary when you look at the discount charts every hour

[1715663420]

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[bakkang]

Three things we should not do when bitcoin prices drop such as:
1. Panic selling. 
-------->  we should not panic to sell all our bitcoin because it will resulted to a big dump of bitcoin.
2. Not being patient
------->  let us always look at the positive side of bitcoin that in every dump it will eventually goes to it's price higher than the what we expected so all we need to do is to hold our bitcoin and have patience to wait until it pump again.
3. We shouldn't be afraid
-------> in a crypto world all we need to have is the courage to take the risk because with that risk we will learned a lot specially in dealing with the ups and down of bitcoin.

[dat.ho12492]

Three things we should not do when bitcoin prices drop such as:
1. Panic selling. 
-------->  we should not panic to sell all our bitcoin because it will resulted to a big dump of bitcoin.
2. Not being patient
------->  let us always look at the positive side of bitcoin that in every dump it will eventually goes to it's price higher than the what we expected so all we need to do is to hold our bitcoin and have patience to wait until it pump again.
3. We shouldn't be afraid
-------> in a crypto world all we need to have is the courage to take the risk because with that risk we will learned a lot specially in dealing with the ups and down of bitcoin.

In normal times, if you say these things, people will feel very easy, anyone can do it but when we face unexpected situations, we will not be able to do it, our psyche is very easy to panic and out of control, losing a large amount of money in a short period of time is not something that people can endure. And so, I think what we should not do when the price of bitcoin drops is that we should stop observing and checking the price of the market, forget the market and come back after the storm is over

[Jamburn]

That is the right thing to do when prices drop. We need to keep, we need to buy and not intend to sell because you will probably lose.

[KorakPawon]

I think I agree with your thoughts. Besides of your analysis, people tend to impatient and afraid of something that is not really happening. Those who sell their coin in hurry or immediately when look at the fallen price indeed have a week principal or foundation of intention when starting bitcoin, and I think that's ridiculous. So, yes, holding on our settled strategies with fully believe and optimism that we can survive and achieve our goals is the most important thing to do, unless you flow with the trend and lose many more.   

[cizatext]

You are right so many people have become helpless all in the name of price crash we need to get our self equip with the background knowledge on bitcoin before we even come into it and there are some certain things we must not do in other to safe our self's from frustration and depression during price fall. So at that we must learn not to follow things titely and stay focus in other not to get carried on aware when the challenges comes.

[emberbekas]

I think I agree with your thoughts. Besides of your analysis, people tend to impatient and afraid of something that is not really happening. Those who sell their coin in hurry or immediately when look at the fallen price indeed have a week principal or foundation of intention when starting bitcoin, and I think that's ridiculous. So, yes, holding on our settled strategies with fully believe and optimism that we can survive and achieve our goals is the most important thing to do, unless you flow with the trend and lose many more.   

In fact, such thinking will be difficult to implement. When we are in a state of loss that involves a good amount of money, most people will certainly be in a panic condition. Doubts can arise at times like that and can cause people to make instant decisions. For me, a solution that might be taken in unfavorable conditions is to leave it. I mean, by not continuing to see the movement of the value of our investment.

[Om.monata]

panic sell becomes a thing that must be avoided when the price decreases. because panic sell can trigger a lot of factors including sales at low prices. this can happen because someone is surprised by the decline in bitcoin at a very low price and they are trapped in a high purchase. so that's a thing to avoid.

[Alfred Perry]

 I personally do which has been helping me is that, when the prices goes down, I try my best to sell or exchange all my coins I have into USDT which is a more stable coins even if prices goes down.

[fangbian]

Thank you very much for giving me such incredibly useful information

[Globalbitcoinl]

try to invest with free money, listen to the news less, and study technical analysis

[ardhigalau]

Hey, that's a very good suggestion, indeed people always act FOMO, but that's what happens now. One thing I hold, I have never been a panic seller, I only sell bitcoin when I need it.

[Glutius]

You are right, and if you want to keep your nerves and coins - just buy bitcoin and forget about it for a few years. The market is unstable and constantly fluctuates, and if you constantly watch it, you will only make yourself worse.

[esetop01tryba]

Let it fall to the lowest price so that you get minimum risk of loss from buying at price from where it can fall more..

I think you are deeply mistaken. Or are you a prophet and know to what point he should fall to minimize the risk of loss ? How much do you think this is?) 0.01$ ?) LOL ))

[absurde]

good advices, experience ,s the most valuable thing on the world, that's why try to learn something when you make mistakes and get lessons.

[Udrujec]

Of course, it is difficult not to follow the movement of the bitcoin price. But during the General fall of the market it is better not to monitor the current situation, as it negatively affects your nerves. And in any case you can not sell your coins, this is the stupidest thing you can do during the fall of the price.

[Huntler1993]

I agree with your suggestions, staying away from these listed suggestions could do away with most of the panic in the system. BTC is going through a lot but lets do our possible best to trust it since together we can make it happen.

[rtm125]

I am very sad to see so many investors selling their coins during the fall in cryptocurrency prices. You need to do the opposite-to buy the maximum number of coins that you can afford, as the price is very low. And in the future, the price will still recover and continue to grow.

[cxmyifan16]

I think that the main thing is not to start panicking! It is the most important rule for traders in any situation. To my mind, everyone should understand the basic rules of market and not to hurry to sell coins at the low price

[Micerker]

Do not stare at the Chart all day!

I agree with you that you should not look at it every day as this will make you worse when the market falls. When you become negative, you will try to think of things worse, and this will make you make the wrong decision, it makes you regret when you do it.