Do Not Panic!

[Yamifoud]

and I think investors and traders have been waiting for quite a long time, and some of them still hold what they already have in buying high prices to date, but what happens, the price of coins in the market has not yet raised the price, precisely the current price fall in again, panic & fear of losing more, of course, feared by many people, but any risk that will occur we must be prepared for it all, because from the beginning we already knew that investing or trading crypto is very risky of course.

I know it is really hard to cover those losses that we have, many were losing their hope. Some of us aren't be strong to hold their patient and let go off their coins. We can't certainly blame them cause they actually do if what is the right thing for them. And those who understand the situation will still be working and currently holding their coins.

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[Cherylstar86]

Totally right! We need facts but not just "someone said something". All positive predictions I've heard this and the last year didn't work.

FUD news and hearsay from false sources are not new in the internet. With new groups for crypto coming up like mushrooms in rainy season one needs to be very careful as to whom to trust and whose words to listen to. Majority of news should be taken with a grain of salt and not in any extreme speculation manner because the latter is only going to make you panic.

The problem is people don't do proper research before they comment on stuff and this takes off as wildfire often leading people to sell and settle for a loss.

Never allow yourself to be a victim and be misled by false news. These have become very rampant nowadays, we must learn to protect ourselves by being strategic and careful. Security and safety have to be our topmost priority. It's very important that we know how to deal with our emotions and be aware what proper actions to take whenever controversies arise. Don't allow panic to ruin your focus and goals, believe and trust that Bitcoin will continue to grow.

[Evetemot]

Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 12th, Bitcoin will Bull Run this year, this price drop was a dump in order to push prices down than they will rebuy it and the price will rebounce very strongly forcing a bull run, otherwise people wont have force to push price high, after this rebounce everyone will talk about BTC and the bull run will be the longest in history(1BdgaR4mWNbDckDqnC1PqLxS26Y1PFiN4h)!

Anyone that is still panicking at this time have a serious problem. This is the perfect time to start making good plans on what should be your next action and not staying at one place panicking like you’ve been beaten by the rain. The price will go up soon, a lot of experts has predicted that, the current price is the bottom price.

[bitcon]

Totally right! We need facts but not just "someone said something". All positive predictions I've heard this and the last year didn't work.

FUD news and hearsay from false sources are not new in the internet. With new groups for crypto coming up like mushrooms in rainy season one needs to be very careful as to whom to trust and whose words to listen to. Majority of news should be taken with a grain of salt and not in any extreme speculation manner because the latter is only going to make you panic.

The problem is people don't do proper research before they comment on stuff and this takes off as wildfire often leading people to sell and settle for a loss.

Never allow yourself to be a victim and be misled by false news. These have become very rampant nowadays, we must learn to protect ourselves by being strategic and careful. Security and safety have to be our topmost priority. It's very important that we know how to deal with our emotions and be aware what proper actions to take whenever controversies arise. Don't allow panic to ruin your focus and goals, believe and trust that Bitcoin will continue to grow.

I would like to add here the following: do not believe any predictions and forecasts. You need to follow statistics only and come to your own conclusions. Stay away from people who think negatively.

[worldofcoins]

Swiss Bitcoin ETF has been approved and SEC ETF will be approved in December and there is BAKKT coming in December 12th, Bitcoin will Bull Run this year, this price drop was a dump in order to push prices down than they will rebuy it and the price will rebounce very strongly forcing a bull run, otherwise people wont have force to push price high, after this rebounce everyone will talk about BTC and the bull run will be the longest in history(1BdgaR4mWNbDckDqnC1PqLxS26Y1PFiN4h)!

There is one thing to hear talks about BTC's ETF approval one another thing to actually get approved. I hope these go well and although I have my reservations about the next bull run, I do hope this starts to happen sooner than some expect it.

[TheUltraElite]

I would like to add here the following: do not believe any predictions and forecasts.

Pretty much correct because you dont want others to decide what you are going to do. You should take the control in your own hands make your decisions and plan them. When you are relying on others to give you predictions you are going to fall for false predictions to pump or dump or biased opinions. You thinking and learning process stops when you start following others.

You need to follow statistics only and come to your own conclusions. Stay away from people who think negatively.

Negative people actually help drop the market in the bullish trend. At the moment this is opposite. They are a part of the system so they have a role to play as well.

[proTECH77]

At this junction we need not to panic whatsoever, the market will recover sooner but time unspecified. HODLER'S are to be good citizens of this great industry to ensure that the market don't get dump. Nothing is more rewarding than HODL, so, lets keep hodling because the dawn of a new era in this industry is eminent.

[jojowar]

Well that's what everybody who hodl cryptos are praying for. That is why I am still hodling my cryptos and don't panic to avoid losses because I do believe that the market will start its bull run.

[hermankoles]

this is a game of psychology and panic will be present when prices fall very deep, only users who understand about the market will dare to take resiki hold because if you sell now then the big loss for you and when there is a recovery price you will be more sorry

[Yaunfitda]

this is a game of psychology and panic will be present when prices fall very deep, only users who understand about the market will dare to take resiki hold because if you sell now then the big loss for you and when there is a recovery price you will be more sorry

Agree, there's no need to panic and sell your stash because we might see the price going on a recovery phase next year, so I would just rather hold and buy more and wait for the reversal.

I guess for others, they're too emotionally attached that's why they can't make a good decision and whenever they see the price going deep, they immediately sell off without rational thinking.

[Vaculin]

this is a game of psychology and panic will be present when prices fall very deep, only users who understand about the market will dare to take resiki hold because if you sell now then the big loss for you and when there is a recovery price you will be more sorry

Agree, there's no need to panic and sell your stash because we might see the price going on a recovery phase next year, so I would just rather hold and buy more and wait for the reversal.

I guess for others, they're too emotionally attached that's why they can't make a good decision and whenever they see the price going deep, they immediately sell off without rational thinking.

I think with this dump market today,we should not always monitor the price because it will make us depressed even more.I'm still hopeful that the price would gradually change and will still increase until we see its skyrocket again.So there's no need to panic because it won't really help you in the first place.

[TheUltraElite]

At this junction we need not to panic whatsoever, the market will recover sooner but time unspecified. HODLER'S are to be good citizens of this great industry to ensure that the market don't get dump. Nothing is more rewarding than HODL, so, lets keep hodling because the dawn of a new era in this industry is eminent.

I like your comparison of the crypto economy as a new "system" and thinking hodlers as a part of it. Truely speaking though its not like that. Different traders have different opinions of the future market movement and some prefer to hold long term while some speak of hodling but actually dump in the short term. So saying that one is a hodler does not verify that they are the same.

While there will be short term dumps where market is not moving up hodlers will sleep with their bags full and close to their heart.

[Botnake]

this is a game of psychology and panic will be present when prices fall very deep, only users who understand about the market will dare to take resiki hold because if you sell now then the big loss for you and when there is a recovery price you will be more sorry

Agree, there's no need to panic and sell your stash because we might see the price going on a recovery phase next year, so I would just rather hold and buy more and wait for the reversal.

I guess for others, they're too emotionally attached that's why they can't make a good decision and whenever they see the price going deep, they immediately sell off without rational thinking.

I think with this dump market today,we should not always monitor the price because it will make us depressed even more.I'm still hopeful that the price would gradually change and will still increase until we see its skyrocket again.So there's no need to panic because it won't really help you in the first place.

Agreed.Panic selling is not really a good step epecially when the prices are in dump.They will only lose at the end of the day so atleast they should know how to hodl them somehow.Surely this market condition would not lasts for another year,bull run is still coming especially when we less expect it.So learn to be more patient.

[Santoshi_my_God_]

Well that's what everybody who hodl cryptos are praying for. That is why I am still hodling my cryptos and don't panic to avoid losses because I do believe that the market will start its bull run.

Yes but you just cannot escape the pressure and the loss that you are facing in the market. This often makes it hard to stay in the market and keep on holding. Only few among the good investors can control their emotions.

[wildey]

this is a game of psychology and panic will be present when prices fall very deep, only users who understand about the market will dare to take resiki hold because if you sell now then the big loss for you and when there is a recovery price you will be more sorry

Agree, there's no need to panic and sell your stash because we might see the price going on a recovery phase next year, so I would just rather hold and buy more and wait for the reversal.

I guess for others, they're too emotionally attached that's why they can't make a good decision and whenever they see the price going deep, they immediately sell off without rational thinking.

I think with this dump market today,we should not always monitor the price because it will make us depressed even more.I'm still hopeful that the price would gradually change and will still increase until we see its skyrocket again.So there's no need to panic because it won't really help you in the first place.

Agreed.Panic selling is not really a good step epecially when the prices are in dump.They will only lose at the end of the day so atleast they should know how to hodl them somehow.Surely this market condition would not lasts for another year,bull run is still coming especially when we less expect it.So learn to be more patient.

for any reason, I feel patient indeed it will be very good for economic growth, especially crypto. but, the most difficult thing for that is when crypto prices decrease and don't panic, because sometimes panic is a natural thing for everyone, even more so if the decline is like what happened in November.

[iSamson]

The cryptocurrency market is no different from the history of the development of other technologies. He was also unknown at first, and was treated with caution. He also experienced increases and falls. It is also distributed as it is understood and simplified for ordinary residents. It will also survive and conquer the market for those projects that will be leaders in their field. Now it makes no sense to invest in projects without having previously studied them with the help of proven and highly qualified specialists. You need to invest in the technology itself and for the long term.

[syamster]

Well that's what everybody who hodl cryptos are praying for. That is why I am still hodling my cryptos and don't panic to avoid losses because I do believe that the market will start its bull run.

Yes but you just cannot escape the pressure and the loss that you are facing in the market. This often makes it hard to stay in the market and keep on holding. Only few among the good investors can control their emotions.

Those who can’t control their emotion at bad time and sell at panic they will never win in this ring of crypto currency because it has no guarantee sometimes market falls but at that time you will have to act wise and hold your coin. At the time of crises never lose hope because a bright sun rises so high after falling

[EdenHazard]

Panicking is one of the factors of losing money in trading of cryptocurrencies. Self regulation and self control are the both things that we should consider for us to easily control our emotions and for us to not do panicking. I keep improving my self control for me to easily handle my emotions. My patience is now enough to wait the right time to buy and sell cryptocurrencies.

That's right indeed, not only overcome some analysis to trade, but our mental health especially our brain, must be properly arranged. They may well to overcome both analyzes, but when their brains aren't healthy, a trader will easily make mistakes or even decide rashly. This seems trivial, but the effect that will be caused is very broad, it could be that every capital you spend will be exhausted in a matter of days or hours.

[logicgate]

Well that's what everybody who hodl cryptos are praying for. That is why I am still hodling my cryptos and don't panic to avoid losses because I do believe that the market will start its bull run.

Yes but you just cannot escape the pressure and the loss that you are facing in the market. This often makes it hard to stay in the market and keep on holding. Only few among the good investors can control their emotions.

Those who can’t control their emotion at bad time and sell at panic they will never win in this ring of crypto currency because it has no guarantee sometimes market falls but at that time you will have to act wise and hold your coin. At the time of crises never lose hope because a bright sun rises so high after falling

Right as we are well aware of bitcoin nature  even then making such foolish decision can give us big lose. All good businessmen use to keep their emotions and personal needs away from investments and this is the secret of a successful business so have patience and hold. Just keep in mind to buy red and sell green no matter how long you will have to wait.

[TheReverend]

sir with all due respect  i dont believe at prediction anymore.
all people same like you always say prediction but no one of them has correct.
i know all people free to make opinion, but that dont help anything.
even can make people more panics.