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Author Topic: Are you in panic whenever there is a big drop in price?  (Read 4498 times)
aioc (OP)
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January 11, 2021, 03:45:16 PM
 #1

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

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January 11, 2021, 03:55:59 PM
 #2

I am a HODLER!
Sure seeing a big drop isn’t pleasant but I’ve learnt over the years now to panic. We were at $3,xxx per BTC in March. Current price is still a massive increase from there. The current dumping will soon stop & we’ll see more ATH’s later in 2021. We are at the start of a bull market remember, there are always corrections on the way.

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aioc (OP)
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January 11, 2021, 04:08:00 PM
 #3

I am a HODLER!
Sure seeing a big drop isn’t pleasant but I’ve learnt over the years now to panic. We were at $3,xxx per BTC in March. Current price is still a massive increase from there. The current dumping will soon stop & we’ll see more ATH’s later in 2021. We are at the start of a bull market remember, there are always corrections on the way.

I guess those who bought Bitcoin lately on the recent all time high are nervous seeing that the price is going down again, I hope it's not another dejavu, I read a guy who bought on the 2017 all time high and have waited two years before he lose hope and sold it, I hope there will be no repeat of that, this is our second experience on all time high so we are loss if there is a repeat or we keep on moving.

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January 11, 2021, 04:10:24 PM
 #4

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

no, i don't
because market will not always up or down, a corrections will always coming to any market my friend
thats why i always put a realistic target to get an enough profit

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January 11, 2021, 04:12:47 PM
 #5

What's sadden presently is after the huge ATH of Bitcoin all altcoins aren't surging high like that of January 2018, this is disturbing to say the truth, is it already over for altcoins? Is there still possibility that altcoins will surge high in near future? All I can see here is just bitcoin, Ethereum and very few altcoins

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January 11, 2021, 04:37:18 PM
 #6

What's sadden presently is after the huge ATH of Bitcoin all altcoins aren't surging high like that of January 2018, this is disturbing to say the truth, is it already over for altcoins? Is there still possibility that altcoins will surge high in near future? All I can see here is just bitcoin, Ethereum and very few altcoins

i thin there is a possibility for altcoins to grow high and create new ATH in this year, but only a good altcoins not a shitcoins my friend
by the way, you don't need to be worry with this dump, because big whales just do a profit taking actions buddy

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January 11, 2021, 04:38:15 PM
 #7

This is very felt for traders, and also I am personally very surprised and surprised to see such a rapid decline in the 24 hour category, and I am sure all Bitcoin lovers feel panic in experiencing this kind of situation. Hopefully this is only for a while ..? Huh Huh

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January 11, 2021, 04:43:59 PM
 #8

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

I don't panic and still believe if the price of Ethereum that I own will increase again, therefore I still hold my Ethereum, because in my opinion this is a natural movement of the market situation and of course this is my chance to buy more Ethereum and hold, because I believe that soon the price of Ethereum will increase again and give me a big profit.
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January 11, 2021, 04:47:33 PM
 #9

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

To be honest I always prefer to buy only if the price drops and I think that's the best opportunity crypto coins are giving us, you should not enter the market when the price is too high all you need to do is wait patiently and analyse the market. yes definitely this drop has been a hot topic as BTC has dropped nearly 20% and I don't this is a temporary correction. Obviously panic and nervousness will be in everyone because this huge drop is a big loss right, so this is not the right time to buy as well.










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January 11, 2021, 04:52:21 PM
 #10

This is very felt for traders, and also I am personally very surprised and surprised to see such a rapid decline in the 24 hour category, and I am sure all Bitcoin lovers feel panic in experiencing this kind of situation. Hopefully this is only for a while ..? Huh Huh

Only those who have managed to fix their profits are calm and are now watching the market, waiting for the right moment to buy cryptocurrency again. The rest are nervous about reducing their deposit, experiencing FOMO. It seems that bitcoin can only stop at the level of 30 thousand dollars.

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January 11, 2021, 06:07:49 PM
 #11

I have been trading in the market for four years now and after rising and falling in 2017, I know what to expect from the market whatever therefore now I always have a plan of action and my trade has become calmer now.
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January 11, 2021, 06:28:55 PM
 #12

in my opinion it is very natural for someone to feel panic because of a very heavy price drop, but there are also traders who are so familiar with charts that a decline in coin prices is the greatest opportunity to make a large investment, so don't be pessimistic, stay focused on the mission  you to reach the perfect dream.
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January 11, 2021, 06:33:15 PM
 #13

Personally, I am mentally prepared for Bitcoin falling fast today. Because Bitcoin cannot keep going up and dragging Altcoins. Bitcoin dropped so fast that my coins fell so I did not panic but accept it as the rule of the crypto market that Bitcoin is the protagonist. we expect there will be a rebound in time.

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January 11, 2021, 06:39:48 PM
 #14

No, absolutely not.  Why panic?
Prices should have a correction after touching some value , so I am not surprised.
each time there is a big drop on price I think that it's a nice chance to get some bitcoin at discounted price Wink and also is a good chance for place some "sell" order in kraken... today everyone seem focused to this price drop. meanwhile price has gained more than 80% from the last month!

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January 11, 2021, 06:41:44 PM
 #15

The physical condition of a person will certainly experience panic, but according to the portion where they have a burden or not. In fact, in assessing the current decline in prices, I think that all cryptocurrency users will feel panic, but what distinguishes it lies in the burden of those who buy at a fairly high price and are carried away so deeply. (In general it must be panic). Then panicking against this beginner will be very successful in the decision to take losses with the fear of losing even more (and is ongoing today).

As much as possible control our emotions, and try to stay calm, all possibilities will happen. Remember that before entering the market, the risks are agreed upon in non-writing. Grin

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January 11, 2021, 07:45:22 PM
 #16

It is natural if indeed in crypto there is a price decline and this certainly does not have to make us experience panic, every price correction that occurs of course we should be able to make the best use of it, for example when prices fall isn't it a good opportunity for us to buy crypto at a price cheap one? after all, every time there is a price decline, usually a crypto takes the opportunity to go back up in price, for example, when bitcoin some time ago fell almost $ 20K then went back up until it reached the current price of $ 30K

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January 11, 2021, 07:53:51 PM
 #17

A good trader will know that this pump is not sustainable, we have seen the price move from $10k to $40k and we should expect a correction, I expect Bitcoin to correct and allow Altcoins also to shine, most of the gains in Altcoins since October has been as Bitcoin price going up. Take profit now if you can't swallow what you are seeing the in the market

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January 11, 2021, 07:54:47 PM
 #18

I am a HODLER!
Sure seeing a big drop isn’t pleasant but I’ve learnt over the years now to panic. We were at $3,xxx per BTC in March. Current price is still a massive increase from there. The current dumping will soon stop & we’ll see more ATH’s later in 2021. We are at the start of a bull market remember, there are always corrections on the way.
I totally get what you are saying but at times like these it seems very difficult to hold on. You never know what 'this time might bring' and I would not point at people who can't take this stress anymore.

You're right, this is a correction, but many are still wondering if this is yet? What do you lot think, and what what your reaction to the drops?
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January 11, 2021, 07:58:22 PM
 #19

Correction to 30k btc seems healthy and altcoins always panic when btc moves. So no i am not in panic. In fact i am quite more optimistic as btc was rising way too early way too fast. I will panic next year very much, depending what the chart correction looks like then.

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January 11, 2021, 09:27:41 PM
 #20

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

maybe a little bit, but in my opnion this is a part of the market movement and no need to panic
just stay calm, with all our trading plan mate, because the fact we must ready for all situations in this crypto market

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January 11, 2021, 09:29:31 PM
 #21

People who have invested their savings are likely to panic, these people have invested what they cannot afford to lose or their investment comes from a loan, this is how the market play, people should be ready on this, anything can happen even the unexpected, so many people did not expect the all time high to be broken last year but it did.
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January 11, 2021, 10:23:01 PM
Last edit: January 12, 2021, 04:34:05 AM by seleme
 #22

Emotions are a part of human beings, so it is quite natural to accept the wrong decisions under different psychological conditions. The biggest mistake is to be stubborn and not accepting the loss, panic trade will only bring more losses. The big holes on the statement of trading account will be bigger and the balance will be burst on the next emotional trading decision. Panic trading decisions can lead to more losses and more losses will cause more panic, from my trading experience.

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January 11, 2021, 10:29:26 PM
 #23

~ are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
I consider that this is very normal, especially after the continuous increase. So there's no need to panic. I am not a hodler, tend to day traders and immediately exit the market when the safe limit that I have set has been broken.

For those who want quick profits, coming to the crypto market because of fomo, panic buy, so buying at the top, will definitely panic. that's the importance of understanding the basics of investing and trading, so that we don't panic easily.

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January 11, 2021, 10:48:13 PM
 #24

For some people it may be panic, especially for those who buy at a height of $38k-40k. But if for those who have already bought below it like at $20, $19,
I think it should quickly determine their selling target to take advantage and buy at the bottom price again. But  even if  some people are  already buying
at peak prices, because it has already  dropped, it is better to  hold their bitcoins, because  bitcoin  will fix them again. This  decrease is  natural, because
some people who buy below want to take advantage.

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January 11, 2021, 11:32:36 PM
 #25

Panic is natural reaction in any problem in life. But here, I believe there is no need to panic. This is the reality of cryptoworld. But as we can see, there is always an improvement, there will be a correction. Cryptocurrency is the future and I consider myself lucky to be part of this and we should go with the flows. In our life, there is always ups and downs, we either gain or lose, who knows. What is important is we learn as we trade.
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January 12, 2021, 05:05:22 AM
 #26

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

no, I never panic. at the moment the market is just being corrected, and I believe this is not the end of the rally. so there's nothing to worry about. after all, it is normal if when the price rises high there will be a temporary decrease. there's no way the people who buy when it's cheap don't sell it. So this is probably the time when people start securing their profits. and when viewed using TA, the market is currently in an overbought situation. so if the price stops rising or falling for a moment it is understandable.

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January 12, 2021, 06:25:11 AM
 #27

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

Of course most of us will be in panic but if you were exposed to cryptocurrency long enough you will know that this kind of things is just normal and should happen. Anytime soon this correction will be done and will continue to goes up, let's just be patient.

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January 12, 2021, 06:49:48 AM
 #28

Of course most of us will be in panic but if you were exposed to cryptocurrency long enough you will know that this kind of things is just normal and should happen. Anytime soon this correction will be done and will continue to goes up, let's just be patient.
+1 to the above.
Newcomers and users who have invested only last year, prolly due to halving or as the price crossed the previous ath of 20k will surely panic and could even panic sell all their stash, but imo, long term holders and users who have walked through/experienced many rise and falls in the history of Bitcoin would get the point that this is only a normal correction and prolly even the start of the Bull run we're to experience in 2021.

I introduced/helped my friend buy Btc and eth mid last year, he was really in panic as the price started to drop two days ago, I was greeted by so many calls from him, I of course explained to him not to panic, but I guess he couldn't handle the pressure as he sold off all his coins, but having said that, anyone who can't hold on, should sell, there is no need putting yourself under pressure, just sell and take your ROI.

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January 12, 2021, 06:52:17 AM
 #29

Let me put it this way,,, if we can all enjoy multiple consecutive days of 10 or even 20% rise for our coins,,, I think we should all be prepared to experience the same the other way around.

Til today I remember Charlie Lee (Litecoin founder) saying that if we are all ready to enjoy crypto going up 100%, we should also be ready to experience 90% drops.

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January 12, 2021, 07:26:36 AM
 #30

First it is normal to panic as humans we are but what matter is how we control it. Also, during this drop in price, some group of people will hardly panic, and these are the people who are already holders whether they bought at a high price or at a lower price, doesn't actually matter to them, because they know they are in for long term while the other group will always panic, these are short term holders and whether they bought at the top or not, they will panic because they don't want to be in loss. Actually, I see it as a kind of market correction and even at that, this is also the reason why it is very important to invest wisely, and not because someone asks you to or just because you want to make more gains; define the type of investor you are, if it's a short term investors/holder, once you are in profit sell because had it been the price kept dropping, it is these short term investors that will be the first to lament while forgetting price correction will always happen.

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January 12, 2021, 08:03:23 AM
 #31

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

yes whenever there's price drop i always at panic but that was just my first expression afterwards I always realize that's how the market works.
well this current drop might be a good opportunity to enter the market or earn from the ups and downs.

.
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January 12, 2021, 08:13:35 AM
 #32

ill panic sell my alt coins in a heart beat. lol sell low and buy high. but ill sell back to btc..

Ethereum and Uniswap.
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January 12, 2021, 08:59:42 AM
 #33

The market dropped very hard yesterday and obviously most of us are in panic by the big drop but today market recovers little and stable. The day before yesterday we all were happy by watching the coins grow but yesterday shocked by the market moves. I would say a correction is the part of the market and I am not a regular I do trade seldom.

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January 12, 2021, 09:02:40 AM
 #34

I've learned a lot from what happened in 2017, so now the price of Bitcoin and altcoins has fallen quite a bit. I can still be calm and not panic,
because I am optimistic that the crypto market will recover soon. What must be done in conditions like now is to buy more coins that we think
are good, because now is a pretty good time to enter the market. Where almost all coins prices have decreased in price. So the conclusion is
now the opportunity we can buy coins at low prices.

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January 12, 2021, 10:20:29 AM
 #35

I will never panic when the drop was happening consider i have secured some of my portfolios into the USDT form to anticipate the drop that happened like yesterday. It looks like this is not just only a correction but the market start to test the key support in 30k range. This time it's bouncing back again but it doesn't mean there will be no other dump. I have speculated that another dump is about to come very soon.  The small bump normally happened before another dump.

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January 12, 2021, 10:32:26 AM
 #36

Honestly i was scared even though i knew it would happen, but this can be seen too many times you encounter it. From strong price corrections we will have a lot of people who will be kicked out by this market because they cannot bear the price drop too much for them, i personally see that we will always see this even in the future hybrids because it is the times that create opportunities for newcomers and eliminate the fearful people in this market.

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Oneandpure
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January 12, 2021, 10:52:43 AM
 #37

Honestly i was scared even though i knew it would happen, but this can be seen too many times you encounter it. From strong price corrections we will have a lot of people who will be kicked out by this market because they cannot bear the price drop too much for them, i personally see that we will always see this even in the future hybrids because it is the times that create opportunities for newcomers and eliminate the fearful people in this market.
Almost investor will be panic when getting price drop but if you have more experience with cryptocurrency keep holding during price was down, I think this the way how make many people should waiting few moment later to get good price for selling, after darkness always have lightness and not worry when price dump you still have chance to get back good price. Keep holding what ever your assets during have lower price and never looks panic faced with bad moment.

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January 12, 2021, 10:55:39 AM
 #38

I am not panic if a big drop happens to bitcoin or altcoin, but maybe a bit nervous because that moment will be unpredictable for me. Usually, we are panic because we are not ready for anything that can happen to the market. In that time, we can do fast selling for the coin that we have because we think that the coin price will drop too far. Sometimes, the big drop is a flash dump that always happens in the market, so we need to be prepared for the worst situations.

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January 12, 2021, 11:09:09 AM
 #39

I am not in panic, I try to see new opportunities at this hard moment.
The darknest time always before dawn
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January 12, 2021, 11:22:54 AM
 #40

Shocked? yes, I was shocked. but don't panic. I just feel like this drop is too drastic. and after looking at chart analysis, I'm sure this is just another pullback. so no big deal. Altcoin season hasn't even started yet and people are already talking about their panic, let's stick with bitcoin as usual
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January 12, 2021, 11:49:43 AM
 #41

Now I do not panic when cryptocurrencies fall in short-term moments, for such moments I store about 10% of USD so that I can buy coins at a discount

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January 12, 2021, 11:54:42 AM
 #42

To dump I am now more able to hold back. because after studying technical it becomes a natural thing. but before I panicked quickly when there was a dump and that was what made me lose a lot of money and also couldn't get maximum profit. now I am more careful to be able to keep my emotions when trading

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January 12, 2021, 12:31:43 PM
 #43

Now I do not panic when cryptocurrencies fall in short-term moments, for such moments I store about 10% of USD so that I can buy coins at a discount
People should think about the prevention act for the bearish trend. You are taking a very good decision by converting some of your funds into the USDT to be used as your reserved funds.
im also doing the same but i have been  putting more into USDT as reserved funds to buy back crypto again when it will be dumped again to the bottom.
im still believe the market will be bearish again.

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January 12, 2021, 12:53:16 PM
 #44

If you prepare everything, i believe you will realize it. I have prepared myself for the worst case scenario, i always save myself some cash so that when the market drops, i can still buy. But basically everyone doesn't, and people often lose money and they don't have the money to prepare for big discounts.

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January 12, 2021, 01:40:14 PM
 #45

What is scared of if you do not prepare for everything, i always assume that when the market goes up too fast, you should prepare yourself for ways to escape if the market goes bad. I have seen the market go up strongly over the last few months, but people only see profits without thinking about the risks and that's why you are scared.
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January 12, 2021, 01:59:43 PM
 #46

There is no way you won't panic if the market drops the way it drops yesterday unless you are one of those that are waiting for price correction before you buy.  It is good that we see the correction now before the US airdrop money which will likely push the price higher and make the correction brutal than people expect.


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January 12, 2021, 02:21:19 PM
 #47

Shocked? yes, I was shocked. but don't panic. I just feel like this drop is too drastic. and after looking at chart analysis, I'm sure this is just another pullback. so no big deal. Altcoin season hasn't even started yet and people are already talking about their panic, let's stick with bitcoin as usual
I feel bad when I see crypto price dropping like this. But I don't get panic while it happens. Though I get shock like you. Occasionally I sell a small part of my crypto what I makes from gambling or earn from other sources. But I never sell anything while price drop quickly. Cause I know crypto market will recover in the long term. I believe in holding and prefer to have btc and few top alts. Whoever gets panic sell their crypto in lower price during this type of dump.

R


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January 12, 2021, 02:30:18 PM
 #48

yes the situation might leads to fractal customs as trader to act as fine to secure token on possession or else to find different answer like to manage new terms of plan with the longer extent as waiting to gains back with the initial price as authorizing the token at first time.

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January 12, 2021, 02:36:21 PM
 #49

Instability in cryptocurrency is normal, there is nothing to panic about. Those who are new to the crypto world panic and sell cryptocurrencies in the dump market without realizing it, which makes the market more dumped. Those of us who are older in the cryptocurrency, who know the character of cryptocurrency, do not panic at all but invest more in the dump market. The current dump market is what I expected to be a market correction, so I invested as much as I could without being upset at all.

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January 12, 2021, 02:40:18 PM
 #50

I don't afraid of taking risk. Bitcoin price is dropping now abdays,. It is normal . Even if it drop so low I will reinvest.this up Down situation is always be in crypto matter . But there is a hope it could reached  again in high pick again.

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January 12, 2021, 02:45:40 PM
 #51


Not shock, it's too much of an overreacting to say I'm shocked but I'm worried about the value of the assets I hold since I didn't plan to sell them while I'm not profiting enough. The one thing that I regret somehow is not trying to take advantage at every dip. A good trader can really try to sell while its price hits its ATH and then buy at low when it dips like this $32k.

Crypto is volatile assets and if you have been in crypto market for a while, you get used to it already.

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January 12, 2021, 02:57:50 PM
 #52

no im not  longer panic for now, when I was just playing with the crypto market, yes I panicked with a bloody condition, especially every bloody day, already the law of the crypto market is sometimes green sometimes red so why panic stay calm and last until the token we have reaches ATH is back

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January 12, 2021, 03:36:39 PM
 #53

It is natural for people to panic when there is a big drop but if you are already familiar with the way market operates, it is easy to relax and watch the market closely, those who panic and end up selling are the new comers who have no idea how the market works, besides, with coins like btc and eth, you don't need to panic too much because they always find their way back up, but rest of alts with less support can be risky, it is best to act swiftly with them.

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January 12, 2021, 03:37:50 PM
 #54

During the last bull run of 2017, there was 6 big drops of 35% on average. They were all followed by a bull run of 150% on average.
That would lead us to a target of 27k for this correction.


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January 12, 2021, 04:57:38 PM
 #55

I'm sure everybody has checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

I'm a holder and I don't panic when the market turns red because I bought my holdings early last year so I still gained a good profit. Changes in normal in the crypto world since cryptocurrencies are volatile so we have to be ready because the prices might drop-down or rise anytime and we can't predict it. If you're a kind of holder or trader that panics every time the market turns red, then it isn't healthy for you. Just trust the market flow and take advantage of it.
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January 12, 2021, 06:57:00 PM
 #56

~
Even if it goes way more below that -18.8%, I would still hold.
Never panicked after I learned that the market is indeed unstable. Not even a flinch. At these times, we'll know who really made a bit of a bad decision of throwing all their money into this, because pretty much they're the one who can't afford to lose of what they had thrown in here, even if they put it in a stablecoin for now.
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January 12, 2021, 07:11:28 PM
 #57

I personally don't panic seeing the current market situation, even though in the last 24 hours the BTC market has experienced a correction of more than -20% but I still have high confidence in Bitcoin. i am sure Btc can solve this problem and also recovery is still ongoing. Meanwhile, the current drop in crypto prices I can take as an opportunity to buy even more.
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January 12, 2021, 07:13:13 PM
 #58

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
Yes many of us already panicked. Like me or others who know the real scenario of market, they are not panicked at all and most of them enjoying that down by investing again and already waiting for another up. It is just a matter of a market and it will recover it very soon.

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January 12, 2021, 07:18:52 PM
 #59

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
No need to panic, it is good for the market as no financial asset can move up in a straight line so it is very normal the important thing is that the overall momentum remains bullish and market should continue making higher highs and higher lows.

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January 12, 2021, 07:25:41 PM
 #60

I'm sure everybody has checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

I'm a holder and I don't panic when the market turns red because I bought my holdings early last year so I still gained a good profit. Changes in normal in the crypto world since cryptocurrencies are volatile so we have to be ready because the prices might drop-down or rise anytime and we can't predict it. If you're a kind of holder or trader that panics every time the market turns red, then it isn't healthy for you. Just trust the market flow and take advantage of it.

It's unhealthy as you'll keep losing your money if you are panicking each time the market falls, you need to change your pace
as the nature of this industry is very volatile.

If you can project your target and keep it that way whatever the situations along the way, it will give you more breathing as
you'll be able to keep yourself cool as you are targeting something before taking your call, most successful traders always follows their own knowledge and instinct, they won't do anything without certain plans ahead.

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January 12, 2021, 07:26:29 PM
 #61

Very panic when the price drops drastically. At the time of execution the price is at the highest level and expects the price to be higher than the executed price, but a decrease in the price occurs. Causing panic so many people to sell it.

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January 12, 2021, 07:41:29 PM
 #62

This only happens when I invest all my savings in a tool in which I am 100% sure, and subsequently the price drops sharply.
Obviously, this happened as a result of the fact that I allowed myself to risk those funds that I was not ready to lose. Fortunately, I know how to learn from my mistakes, and no longer allow myself to do such nonsense.

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January 12, 2021, 07:47:27 PM
 #63

Any time there is dump in the market a thread is open in this forum. Most of the news along such OP are not true but mere hearsay. I will appreciate technical analysis than the selling news from social media, cause there will always be a news around every dump. Some even said the destruction of capitol and recent second wave of covid cause the dump, ridiculous news but some people still believe. What I will avoid is to be victim of the bear market but for now I can cope with few corrections.

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January 12, 2021, 08:15:13 PM
 #64

When it is already dumping and you are holding then just ride the wave. When you feel like you indeed need the money or cannot afford to lose what you already have made then just go into some stablecoin (preferably not Tether atm).
Being emotionless with your investments is the best practice.

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January 12, 2021, 08:43:41 PM
 #65

Not really. I have witnessed all those volatility for years, so I am already pretty much comfortable with all those drops. But, I have seen and heard storied about people who starts panicking when they see the price drop. Slight fluctuation creates a huge stress for them. They become nervous when they see a sudden huge drop. And then they finally break. They sell at loss thinking its not worth the "risk".
Unfortunately, if they had patience to hold, they could have made profits. But we can't blame them. It is how their mind and psychology works.

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January 12, 2021, 08:46:15 PM
 #66

This only happens when I invest all my savings in a tool in which I am 100% sure, and subsequently the price drops sharply.
Imo, you mustn't have invested more than you can afford to lose before you feel pressure or panic, even if you have invested what you can afford to lose, if there is a fast plunge and you are left with seeing your ROI dropping, anxiety is bound to set in and you may be forced to panic sell, the thing is not about the amount invested, but stopping your loss, and looking to make some returns on your investment when you still can.

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January 12, 2021, 08:52:01 PM
 #67

Not really. I have witnessed all those volatility for years, so I am already pretty much comfortable with all those drops. But, I have seen and heard storied about people who starts panicking when they see the price drop. Slight fluctuation creates a huge stress for them. They become nervous when they see a sudden huge drop. And then they finally break. They sell at loss thinking its not worth the "risk".
Unfortunately, if they had patience to hold, they could have made profits. But we can't blame them. It is how their mind and psychology works.

I think that's common reaction when you see your investments going down hard. But if you are ready with this high risk investment, and you are prepared that somehow at some point, it will go down, you will not panic. However, most people expect the continuous rise, that's why they panic sell when the market movement is not according to their expectations. However, on my end, since I am not holding big amount of btc, I just keep holding as long as I can. No panic here.
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January 12, 2021, 10:39:54 PM
 #68

I am not really in panic whenever there is a big dump happening for I have already experienced lots of the same thing before and maybe I have been immune with the market situation and instead of getting into frustrations, I just treat such thing to be an open opportunity to at least purchase more so that once I regain from the big dump it have been into, then the edge will be on my hand because I have taken advantage of the possibility to gain more rather than throwing tantrums or be stressed out because there is a declination. Dumps and pumps are just normal part of the market movement and if you wanted to survive, better think of the bright side of every situation.

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January 13, 2021, 06:06:02 AM
 #69

I just want to share my learning at the very start of this year. Yes, panic is natural reaction but everyone of us has different overview. What I am doing right now is to set the price to sell. No matter it gets higher after I sold doesnt matter. Just set a cut off, dont be so greedy.
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January 13, 2021, 07:14:17 AM
 #70

if I store enough assets, of course, I will feel nervous and panic, especially if I stock at a high price. However, when you don't own any assets and have enough capital, I think seeing the price drop to a little bit cheaper is pretty good hope for those looking to take advantage of it.

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January 13, 2021, 07:24:04 AM
 #71

I just want to share my learning at the very start of this year. Yes, panic is natural reaction but everyone of us has different overview. What I am doing right now is to set the price to sell. No matter it gets higher after I sold doesnt matter. Just set a cut off, dont be so greedy.

Panic is okay, but we must have control over ourselves, to anticipated and find the way out. Setting the price to sell will be necessary because that is the only way that we will not miss the chance to make a profit in the unpredicted situations on the market. Being greedy will not be good for us because that can prevent us from making a profit, but we will miss the chance to sell at a high price.

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January 13, 2021, 07:29:22 AM
 #72

if I store enough assets, of course, I will feel nervous and panic, especially if I stock at a high price. However, when you don't own any assets and have enough capital, I think seeing the price drop to a little bit cheaper is pretty good hope for those looking to take advantage of it.

That's why we shouldn't invest all our capital at a high price, we should always average the investment in order to safeguard our investment. Every person will fail to do this type of activity and this makes most of the people will lose their value when the market drops. So we should always have a plan before buying any crypto.
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January 13, 2021, 10:22:52 AM
 #73

There was certainly panic in everyone. because surely they all have emotional about what they invest. But in my opinion, nowadays with so many analyzes that can be used it should make investors safer. myself when there is a decline, I no longer panic. I already have Stoplose or SL + which I use when trading

Yours true, dude.
But also you must decide on your own - how to use received information from analyzes.
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January 13, 2021, 10:25:48 AM
 #74

I remember when I bought my first coins and there was a big drop in bitcoin prices, I panicked and sold my coins at a really bad prices. After 2 weeks the prices were up again abs and I just lost money and paid transaction fees. After that experience I am trying to be more relaxed now. Its always an up and down, prices will bounce back eventually.
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January 13, 2021, 10:44:03 AM
 #75

If I already have those coin then yes it is normal to panic,
But if I don't have then I would be happy if I have extra money to buy some to gain profit when it recovers.



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January 13, 2021, 11:05:07 AM
 #76

I am holding my coin for long term so I don't mind even price drop. If you are new to crypto then don't worry when price goes down and never sell your coin. Keep in mind that it's time to add more coin..

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January 13, 2021, 11:22:27 AM
 #77

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

If you get used to it you won't be panicking but instead you will it as a an opportunity to make more investment, well this kind of drop is one of the things I've been waiting to. I do believe that drops is a way to enter market and make profit in the future.

.
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January 13, 2021, 11:37:59 AM
 #78

If you get used to it you won't be panicking but instead you will it as a an opportunity to make more investment, well this kind of drop is one of the things I've been waiting to. I do believe that drops is a way to enter market and make profit in the future.
Drops need to happen, because we know that prices cannot always be bullish. although this happened quite suddenly, I guess most people should have the mentality like yours. at least don't panic too much, analyze what we have to do and what best steps we can do in a market situation like this

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January 13, 2021, 11:39:15 AM
 #79

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
No need to panic, it is good for the market as no financial asset can move up in a straight line so it is very normal the important thing is that the overall momentum remains bullish and market should continue making higher highs and higher lows.
I don't panic any more whereas as a newbie then I used to panicked a lot however I had overcome all those fear at least I have witnessed two major dump in the price of bitcoin first one when bitcoin hit ATH in 2017 and dumped, last year in the beginning of the first wave of covid-19 price dumped and recovered this will continue to reoccur  and linger on as far as cryptos exist, there is no cause for alarm the price is obeying Price Action i.e correction or retracement according to technical analyst.

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January 13, 2021, 12:13:42 PM
 #80

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

A little bit panic but panic is still a panic however I still manage to get my self together and make a good decision whether to get out or not, I'm not really a professional trader and just still learning.

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January 13, 2021, 12:43:56 PM
 #81

Panic is only for newbie if you are an investors in crypto for almost 8 years and if you saw a big dropping of the price maybe you will not get panic, beause to those who experience crypto in a couple of years for them those dropping of price is not a problem in fact it is a chance invest, big chances of earning a huge amount of profit is during a lowering or dropping of the price, so if you invest in crypto you need to have faith on it and wait for the right time buy low sell when its high.

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January 13, 2021, 01:11:38 PM
 #82

Long time ago I panicked very much when the cryptocurrency market was losing billions of dollars in a matter of minutes or hours, but gradually I realized that this is all manipulation by big players and there is nothing to be done here, and therefore you just need to get used to these actions and you must carefully observe all movements of the cryptocurrency market.
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January 13, 2021, 01:14:28 PM
 #83

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

For newbies and newly traders, there is a big chance that they will experience a panic scenario but for seasoned investors this kind of happenings is an opportunity for them. Every drop is a new way to profit again especially if we know that the market will still recover again.

Corrections are very normal to crypto market and newbies should be aware of it if they don't like to experience any panic mode. An 18.8% drop is very small compare to the percentage that were being increased to the top currencies out there.
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January 13, 2021, 01:21:00 PM
 #84

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
This drop is expected. It's called price correction and it's a normal market mechanism. It's healthy and helps stabilizes price and builds support to push higher from a TA angle. I expect price will go down more (though, sentimentally, I want it to revert at this point). Anyone who frets at this point is a weak hand and shouldn't have any business being in a volatile industry like the crypto industry. A momentary crash like this affords investors an opportunity to buy more of the tokens they desire. It's not a time to panic if one knew what one wanted. Just go in and buy more. After all, 2021 is more of a bull year than bear.

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January 15, 2021, 03:38:12 AM
 #85

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

Whenever since I begun here in cryptocurrency, I never get panic when the big drop in price happen.
If that happen, I am only wishing that I have a lot of budget to buy Bitcoin or other altcoins in the market so that
I have a huge assets to hold in the long term. Just like that! Wink
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January 15, 2021, 04:08:32 AM
 #86

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

Whenever since I begun here in cryptocurrency, I never get panic when the big drop in price happen.
If that happen, I am only wishing that I have a lot of budget to buy Bitcoin or other altcoins in the market so that
I have a huge assets to hold in the long term. Just like that! Wink

You said it very rightly that you never make a good and prudent decision when you are in panic. Volatility is a part of Trading and it is not only confined to Crypto Market, it is everywhere including property, commodity and forex markets. In fact it is an opportunity for Traders to make entry at lower price and book good profit when market goes in uptrend. The best strategy is to make Entry and Exit decision when you get signals from Technical Indicators. It is very useful Tool that all Traders should learn to use.









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January 15, 2021, 04:17:12 AM
 #87

Unless I get some urgency irl and need money price affects otherwise I buy 'good' coins and forget.

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January 15, 2021, 04:23:37 AM
 #88

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

I have been in this business for more than three years now and nothing can be compared to the drop that we all witnessed in 2018. Bitcoin volatility is not new and in the past such drops would have created panic selling in the market but now days it does not happen.

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January 15, 2021, 12:53:36 PM
 #89

I am certain that everybody does feel anxious and gets worried somehow whenever there is a huge price drop.
I personally had an experience of making impulsive decisions, which I now regret, out of panic when I was just new here.
But today, I have learnt my lessons and saw these instances as opportunities. I am more calm and thus I can think and decide properly.

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January 15, 2021, 02:19:24 PM
 #90

Users may claim otherwise, but it is human tendency to wait for better and larger profits. So very few of us are likely to sell our coins, when the prices are moving up. Only the most disciplined investors, who strictly keep their targets form an exception to this rule. And in most cases, when we face financial crunch the exchange rates will be quite low. So we will be forced to sell our coins at a loss in that situation.

That's true we are all human even if we invest what we can afford to lose, we will feel worried because all the investment we are hoping to make a profit, whether we admit it or not, we always have a tendency to be worried even if we try not to, it's still money.

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January 20, 2021, 08:43:01 PM
 #91

It depends on what coins I hold.
If it's bitcoin, I know it just have to be patient and the price will go back up again no matter what.
If it's an altcoin, then I am more worried about the recovery.

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January 20, 2021, 09:57:57 PM
 #92

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
I do get panic sometimes especially if i have just purchased a coin and then the next day price drops hard but thanks to spot crypto trading it is not that kind of panic which we get during margin or leveraged trading and that is why i like only 1:1 spot trading.

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January 20, 2021, 10:42:38 PM
 #93

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

I accept it as a market movement, because I'm used to the state of cryptocurrency market like that (the price suddenly dump and my portfolio decreases), so I will not panic sell and still hold, because I believe the price will definitely increase again, so I just need to be patient until the price increase (although sometimes it takes a long time) and of course I will buy more if the price goes down, because that is my chance to get a lot of profit.

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January 20, 2021, 10:48:42 PM
 #94

I'm never worried about btc because I know that it will recover any moment and the recovery will be quicker than the drop. One big drop that got me was Xrp, I never expected that it will show such a huge loss in its value. I always trusted Xrp because it is a coin backed by very well established banks, and yet we saw what happened with it.  Undecided
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January 20, 2021, 11:00:12 PM
 #95

The current decline is because of bitcoin being so volatile and altcoins being bruised on the market because of the movement of bitcoin. But almost more than a week bitcoin is sideways in those prices, even falling at a low of just $33k, near to it during the week. It's good momentum for altcoins and a lot of altcoins pumps at the moment. Let’s take advantage of the current market situation to trade. Now the market is still in a bullish state.

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January 20, 2021, 11:41:53 PM
 #96

The current decline is because of bitcoin being so volatile and altcoins being bruised on the market because of the movement of bitcoin. But almost more than a week bitcoin is sideways in those prices, even falling at a low of just $33k, near to it during the week. It's good momentum for altcoins and a lot of altcoins pumps at the moment. Let’s take advantage of the current market situation to trade. Now the market is still in a bullish state.
It's not all of the people understood about it dude. So many newcomers will be feeling panic when the price of bitcoin gets plunged so hard. This is about the mentality. The people with good mentality will always take the bearish momentum as the best time to get into the market and then out when it was recovering back again.
The market is still bullish but sometimes the bearish trend was also coming too.

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January 20, 2021, 11:44:32 PM
 #97

In seeing the current situation and trend in the market wherein the prices of all the cryptos is dipping doesn't bother and dont make me panic because of the fact that we are still in the bullish momentum and cryptos are being so popular and getting a lot of attractions to many big investors which made me confident enough that I will still be getting a very good profit and earning.

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January 21, 2021, 08:01:07 AM
 #98

I am now more able to hold back. because after studying technical it becomes a natural thing. but before I panicked quickly when there was a dump and that was what made me lose a lot of money and also couldn't get maximum profit. now I am more careful to be able to keep my emotions when trading.
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January 21, 2021, 08:04:20 AM
 #99

I invest in projects that are certainly will recover, this way in don't have to be in any panic mode, even if there is dump there is assurance of recovery, for example projects like NEO and EOS, to make money out of new altcoins I always stick to binance launchpads and once trading starts I remove my gains and buy better coins like BTC

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January 21, 2021, 03:40:27 PM
 #100

It is a natural reponse to panic whenever there is a sudden huge drop but you should not lose yourself whenever such things occurs. Whenever I encounter one, I assess the situation first before worrying. I analyze it carefully if there would still be a chance that the price will recover. If ever there's no chance, I would accept it cause there's no other choice. I'll take it as a lesson and start investing again on another coin. That's how it usually works with me, as one journey end, another starts fresh and I always make sure to give everything I have on it.
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January 22, 2021, 07:52:42 PM
 #101

It is a natural reponse to panic whenever there is a sudden huge drop but you should not lose yourself whenever such things occurs. Whenever I encounter one, I assess the situation first before worrying. I analyze it carefully if there would still be a chance that the price will recover. If ever there's no chance, I would accept it cause there's no other choice. I'll take it as a lesson and start investing again on another coin. That's how it usually works with me, as one journey end, another starts fresh and I always make sure to give everything I have on it.

Panic is the enemy of any business. You just need to understand that there are many factors that affect the cryptocurrency market. Unlike securities, stock markets, currency exchanges, cryptocurrencies are very volatile. It is almost impossible to predict the behavior of this or that coin. But even if something went wrong, you need to stay calm, everything is cyclical.
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January 22, 2021, 08:18:29 PM
 #102

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

Surely altcoin trading could be a game of your emotion, looking at your portfolio seeing that it is all red is just so stressful especially when your new in the market, most of the newbies will just sell their holding if it is not doing well.

But if you already have experience in the market we all know the this is the nature of cryptocurrency and circularion in the market, eventually market could easily recover after that dump.

Personally when im trading, when the market is all red what i see is just opportunity to invest and make a profit in that token, if i just have a big funds i will invest to all of the dump token.

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January 22, 2021, 08:33:56 PM
 #103

The price reductions that have occurred in recent days are still normal, so there's no need to panic. Because I believe the crypto market will recover,
we should see this price drop as an opportunity to buy more top coins. Perhaps a newbie who is new to investing in crypto will panic seeing the price
drop. But for those who are experienced investing in the crypto world, they definitely don't think this price decline is something to worry about.
Because the price decline that occurs in the crypto market is something that must be accepted.

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January 23, 2021, 03:15:54 AM
 #104

It is a natural reponse to panic whenever there is a sudden huge drop but you should not lose yourself whenever such things occurs. Whenever I encounter one, I assess the situation first before worrying. I analyze it carefully if there would still be a chance that the price will recover. If ever there's no chance, I would accept it cause there's no other choice. I'll take it as a lesson and start investing again on another coin. That's how it usually works with me, as one journey end, another starts fresh and I always make sure to give everything I have on it.
panic is okay, but selling assets because of panic is something to be avoided. So far, I also have the feeling of wanting to sell immediately when I see a dump, or regret not selling at a high price. however, I am prioritizing my goals in holding coins more. Low prices are not the goal, so we need to calm down and try to take advantage of the situation if something like that happens.

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January 23, 2021, 04:57:10 AM
 #105

When the market is red or there is a big drop in prices with the coins we hold, there is no denying that panic and emotions will inevitably arise and will inevitably stick to us due to losses.
and regardless of the panic that occurs, it will be taken lightly even become a normal thing and will return to calm and will not do anything wrong because of the experience that makes everything will be fine.

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January 23, 2021, 07:48:28 AM
 #106

I'm not afraid because I always look at crypto trading using TA. so if there is a sudden drop but haven't touched the support or resistance point, it won't make me panic. unless there's really big news, like yesterday's XRP. It was way beyond my plans, and it took me by surprise. Such decline is common to me, because every time there is a high increase there will be a time for correction.
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January 23, 2021, 09:32:30 AM
 #107

The drop in prices the crypto market is experiencing has certainly been a very painful blow to the holder, and naturally they panic because the risk of the loss is in a sight. However, there are traders who understand market movements and welcome these conditions, because they know this is a good time to make a big investment.
So, whatever the market conditions we must remain optimistic, Moreover, we have been here for years and really understand the current market conditions. Hopefully the correction will only be temporary, after that the market will get better again.

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January 23, 2021, 10:17:40 AM
 #108

Panic only kick in when you invest in new altcoins that aren't that strong or when you join pump and dump train like some crazy ass crypto investors out there, yeah I have seen some guys willingly looking for pump and dump projects to join through telegram groups, if you invest in best altcoins there is no need for panic

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January 23, 2021, 12:05:44 PM
 #109

Panicking only makes things worse, if there is a big drop  in the price, you have options to actually buy and at the same time hold whatever you have right now because when the pump arrives, that's the actual time to get profit, there's no sense in panicking because there's always room for profit and for opportunities to take advantage of the market.
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January 24, 2021, 11:11:18 AM
 #110

May be a bit? I used to panic a lot when a big drop happens on one of my bags but then I've probably matured by time then I realized that dumps are needed to have pumps.
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January 24, 2021, 12:39:25 PM
 #111

Here you just need to understand a few simple and easy things.

Without falling there can be no growth, just as without growth there can be no decline. This is a common process, like our life, for example, this is the "life" of coins, like any financial instrument, at some time it grows, at some time it falls, and this is absolutely normal.
Especially if we look at the chart of the coin, how much they have grown recently, after such a large increase, of course, there should be a correction, this is called a correction after a large increase, not a fall.
If you look at the long term, after all such falls, the coins still grew and surpassed their record levels. Therefore,

I think, at such a time, you only need to buy additional assets into your crypto portfolio.
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January 24, 2021, 03:06:35 PM
 #112

For now, Not really the market is still pretty good. Unless a bubble popping will happen again like years ago. That will make me crazy. This kind of drops is still in control and it goes up in no time again but a bubble pop will be taking years again.
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January 24, 2021, 03:52:19 PM
 #113

No, I don't because i always try to be updated with every move of the market, recently the bitcoin was going up & up and a correction of 25-30% was expected so i was already on alert, if you are aware about what's going on in the market you will not panic at all....
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January 24, 2021, 04:08:08 PM
 #114

For now, Not really the market is still pretty good. Unless a bubble popping will happen again like years ago. That will make me crazy. This kind of drops is still in control and it goes up in no time again but a bubble pop will be taking years again.
It's just like a common thing for the crypto traders. The 4 year bubble will always be popping out and then burst. We have been starting to see that the bubble will burst.
As long as the drop will not go below 30k rate and it may be stable for a while but im sure when it can break 30k support and it can be dumped easily to the 25k range,
that will create a lot of panic sell.

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January 24, 2021, 04:55:07 PM
 #115

Well, the truth is that am not in any form if panic and this is because I don't hold any coin or token at the moment, I've sold everything waiting for another deep before I buy in again.
But to be sincere, I did be in panic if I held any coin and it drops 18.8 percent in just 24 hours, but I guess this is one of the reasons am not a good trader, I choose to invest and also I try to avoid checking the market regularly cus it's another way of getting a high blood pressure most especially when the Market is in decline mood.

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January 25, 2021, 12:43:05 PM
 #116

Of course,, I panic every time the price goes down is huge. But, I'm not going to sell it. I'll hold on until the price goes back up.

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January 25, 2021, 01:01:42 PM
 #117

Well, the truth is that am not in any form if panic and this is because I don't hold any coin or token at the moment, I've sold everything waiting for another deep before I buy in again.
But to be sincere, I did be in panic if I held any coin and it drops 18.8 percent in just 24 hours, but I guess this is one of the reasons am not a good trader, I choose to invest and also I try to avoid checking the market regularly cus it's another way of getting a high blood pressure most especially when the Market is in decline mood.
Panic is a normal feeling that someone who cares about our money, our investment. Of course, we don't want to lose and we are hoping always that after we buy coins it moves high. But it is very unfortunate that we are not in control of the market flow, it all comes into the dumping and pumping scheme.
But, if we are in the trust to the coin that we invest in, it seems that we are still strong to control such feelings and can manage to keep our minds in a positive. In this way, we are far from being a panic seller.



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January 25, 2021, 03:14:51 PM
 #118

when I was new to crypto investing and then the price went down maybe I would panic, but when I have held it for a long time and then the price goes down I won't panic because I can already experience something like that,
I'm sure I will definitely come back because it's ATH 2021 time
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January 25, 2021, 03:49:11 PM
 #119

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

I think it's normal to panic if you are not a very experienced trader. In this situation, a part of me wants to sell to avoid further losses but my mind doesn't let me. Becasue I have my own plan for these types of scenarios and I know what to do next. I always keep some reserve funds and sometimes it's more than double from my active trade. Most of the traders invest their full funds which is the biggest mistake. Because of this they never got a chance to rebuy in the dip to lower their buying price. A trader's motto should be " Don't be greedy and have patience".
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January 25, 2021, 04:32:00 PM
 #120

Surely everyone has something like that and it's the most normal thing, but it is very different from people who are mentally strong they will not feel panic even if it is considered a normal thing and it happens very often, because they know they have calculated the benefits and losses.
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January 25, 2021, 04:57:30 PM
 #121

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

Ups and down of digital price in the market is already a part of a the market, however still many people in crypto space are always felt panic once the price started falling. In trading, I have an strategy on how to gain through this suddenly drop down of price. Everyone should know and understand that crypto market is so volatile that's why they don't need to panic instead keep calm and hold.
At least for today, the cryptocurrency market indicators are very encouraging and give hope for the best results. In addition, the current decline in prices is another correction that should have been expected, since many traders, one way or another, will always fix their profits when the next price maximum is reached.
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January 25, 2021, 06:34:56 PM
 #122

Surely everyone has something like that and it's the most normal thing, but it is very different from people who are mentally strong they will not feel panic even if it is considered a normal thing and it happens very often, because they know they have calculated the benefits and losses.

Smart people usually set stop loss whenever they open position in trading which means pro traders never panic at all during this big drop occur, Usually pro ride this wave by shorting there position so that they can have profit even though the situation of the coin is bad. Panicking on big drop on price only means that you are newbie or uneducated in trading. You can have a huge profit if you can manage your emotion in time like this because this kind of event was rare and traders use this to get a huge profit.

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January 25, 2021, 06:56:05 PM
 #123

panic is a normal trait if the investment we choose has decreased considerably of course all investors will sell their assets first to avoid big losses
I personally also do the same but when market conditions have started to normalize buy back the coin just waiting for the bull run to arrive then the losses we experience will slowly return
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January 25, 2021, 08:10:25 PM
 #124

There is nothing to be panic when a big drop happens in price because I truly believe that bitcoin and other cryptocurrencies will change our world some day. There will be a day that cryptocurrency become so famous that you cant even buy an ethereum with your annual salary. Therefore, I am always feel confident about bitcoin as well as other alts. The drop is only a result in correction. A long term investors do not need to be nervous





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January 25, 2021, 09:25:55 PM
 #125

Anyone that understands trading will not be moved by a price dip because the market is not structured to go in a single direction so when it goes up, it must also come down, the rate of the increase or decrease is determined by who is in control of the market which will give idea of what ls coming next. It's never a thing to panic for when price drops.
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January 25, 2021, 09:51:52 PM
 #126

There is nothing to be panic when a big drop happens in price because I truly believe that bitcoin and other cryptocurrencies will change our world some day. There will be a day that cryptocurrency become so famous that you cant even buy an ethereum with your annual salary. Therefore, I am always feel confident about bitcoin as well as other alts. The drop is only a result in correction. A long term investors do not need to be nervous
Declines in prices are a common occurrence and will likely continue in volatile markets. For the current situation, I believe that bitcoin may not drop as drastically as it did in 2017 (due to the large number of big institutions investing in bitcoin at the end of 2020). I'm sure they won't let the price down so easily

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January 25, 2021, 10:08:47 PM
 #127

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
I don't panic because for me this decline is a natural cyclical market. may have to wait for the increase in some time and this correction is needed until we get the highest price later on. For me if prices are dropping it is the best time to buy and hold on cheap

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January 25, 2021, 10:12:28 PM
 #128

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
I know how the market works and for the years im investing on crypto. I used to seeing the price turning ups and down thus I dont panic even there's a correction because thats the nature of crypto, its high volatile.

Thus if you know that you're holding a good coin then dont panic even the price is declining because its quite normal to have such movement. What important is no matter how low the price can go as long as you're holding a good coin it will definitely bounce back once the correction is over. So dont panic and forget for a while your coins if the market is in bearish.

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January 26, 2021, 12:19:30 AM
 #129

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

Not really. There is nothing to worry about in this downside of the market. Its completely normal. All we have to do is take this chance to get more, "Buy the dip" as they say. Accumulate whenever you can coz you'll never know, the market could easily recover fast.
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January 26, 2021, 01:29:34 AM
 #130

depending on the altcoins that I invest, if only buying based on hype of course panic is unavoidable, the results will be different if you have done a long research on altcoins before deciding to invest because we are used to the situation there is no need to worry because it is just a correction for altcoins keep moving forward.
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January 26, 2021, 04:04:32 AM
 #131

depending on the altcoins that I invest, if only buying based on hype of course panic is unavoidable, the results will be different if you have done a long research on altcoins before deciding to invest because we are used to the situation there is no need to worry because it is just a correction for altcoins keep moving forward.
Yes you're right. If it is a well-known or popular coin and is chosen based on research, then most people will rest easy if a dump occurs. this I feel when I hold ethereum. however, different things happened when I held new altcoins. however, the potential that the new altcoins have is still unpredictable. So, when prices dump, panic will naturally occur

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January 26, 2021, 05:10:15 AM
 #132

I am only in panic when the price drops if I recently bought a shit coin or new coin because you can't say if its price will recover soon or not. Unlike buying and holding top coins in the market, there is a huge potential for its price to recover soon like bitcoin and ethereum that it doesn't make me panic when its price suddenly decreases.

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January 26, 2021, 05:19:14 AM
 #133

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
I did not panic when there is a big drop in price on the altcoin market. Because I chose altcoins that have a large market cap, and I believe the top-ranking altcoins can recover when there is a big drop. For me the decline in prices today is normal and we haven't gotten a bear market yet. So I choose to hold when there is a price drop in the market.
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January 26, 2021, 05:25:45 AM
 #134

I think almost trader and investor become panic when big drop price but I have other investment way which one coin I hold become my destination will keep hold or sell, if I buy bitcoin, ethereum and litecoin I think keep be safety although price dump. Have bigger chance later for my coin above back to higher price, maybe take few week depend when bitcoin raise to higher price, how ever with shit coin become most panic because very hard to get back on higher price.

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January 26, 2021, 01:51:18 PM
 #135

How come not panic when seeing price really dump, we can control keep holding assets but still not effective with new investors because looks afraid and become easy panic moment for selling their assets, but when many investor look get more experience how to faced with price dump they will keep holding assets and waiting recovery, after darkness always have lightness and after dump just waiting for pumping coin price, don't worry and never take your self with panic selling when price dump.

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January 26, 2021, 02:06:52 PM
 #136

that might means that we must wait a little bit times as need the price to recover as back to normal again. sometimes if he price not too deep as dropping we have option to release token and work more to recover difference with the losing spares.

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January 26, 2021, 04:04:03 PM
 #137

not panic but just feel surprised when the price drops within 24 hours but as a trader I also understand events like this and I also believe that it will recover soon

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January 26, 2021, 04:08:28 PM
 #138

What's dishearten as of now is after the colossal ATH of Bitcoin all altcoins aren't flooding high like that of January 2018, this is upsetting to state the reality of the situation, is it effectively over for altcoins? Is there still chance that altcoins will flood high in not so distant future? Everything I can see here is simply bitcoin, Ethereum and not many altcoins.

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January 26, 2021, 06:19:43 PM
 #139

Well, the truth is that am not in any form if panic and this is because I don't hold any coin or token at the moment, I've sold everything waiting for another deep before I buy in again.
But to be sincere, I did be in panic if I held any coin and it drops 18.8 percent in just 24 hours, but I guess this is one of the reasons am not a good trader, I choose to invest and also I try to avoid checking the market regularly cus it's another way of getting a high blood pressure most especially when the Market is in decline mood.
If you sold all your coins already, at what point did you sell? I mean not having any zero would mean that you maybe never had any for the recent months, or maybe it means you sold when it dropped, we do not know that. However 18.8% drop is not really that huge if you consider all the profits people made. I made 2x return just from ETH for example, I do not care if the price becomes 800 dollars, I would still be in profit, so it is nothing to me.

And instead of dropping, ethereum broke over the previous all time high, I kept saying that eth will go up repeatedly many many times and people just didn't care or listened, bitcoin moved above ath and now eth did, next stop all the other big major coins without a problem, they will all have their all time high as well. People who made all the money they can from these will move into other coins for sure.

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January 26, 2021, 08:01:44 PM
 #140

not panic but just feel surprised when the price drops within 24 hours but as a trader I also understand events like this and I also believe that it will recover soon
As a trader, of course we must be prepared to face all the possibilities that occur in the market, like now there is a decline in altcoin prices, but if we see the decline as a good opportunity to buy some altcoins and sell them when the price starts to increase again, with the current conditions of course altcoin price corrections can occur at any time and of course we must be ready to face it and take the opportunity to make a profit.

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January 28, 2021, 11:11:24 AM
 #141

When you are a crypto trader you should have strong nerves! Everyday coins may pump or dump so it’s high opportunity to lose as well as earn. Just when coinmarketcap is all red it’s better just to hold. Sometimes this period of stagnation can last for years but once everything will grow again. That’s why I don’t afraid of this drop
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January 28, 2021, 12:22:53 PM
 #142

we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
I come to the market late 2017. Really experienced a lot of emotions, every moment the price falls, at first really worried, and panic, afraid everything disappears, worthless. But over time, with the exploration of knowledge and the vibrant industry of crypto. I realized that, slowly and patiently, what is the trend after each sale? it is pure, is objectivity a natural process. then the panic will disappear.

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January 28, 2021, 04:21:48 PM
 #143

only a novice will be in panic mode when there is a drop in price
if you know hoe to analyze candlestick patterns for reversal signs, exhaustion, change in momentum etc, you can easily anticipate the drop of price and can benefit from it by shorting that cryptocurrency.
most crypto investors follow the crowd in their decision to buy or sell, this is the wrong way to do, educate yourself and youll make money.

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January 28, 2021, 04:30:17 PM
 #144

When we talk about the market we mean volatility. So for me this is the expected part of the movement and I try to be ready for this. In any case, we should always be prepared for big movements in the other direction.
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January 28, 2021, 04:33:02 PM
 #145

To say, not to panic when the red trend persists, that's fallacy.  Anyone who has an expertise or is a newcomer to crypto has the pressure and psychology to act on reason.  Investing millions of dollars is different from a few thousand dollars, the more you invest, the greater the pressure.  The important thing is to reinforce the belief, suppress the psychology to overcome the daze.  it is the premise for success in this place.

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January 28, 2021, 04:49:53 PM
 #146

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
Yes i do feel the palpitations especially when im quite sure that bulls will continue but suddenly market dips badly but then i say to myself that im not in a hurry to sell so it does not matter and try to avoid the market by doing something else and wait for market to bounce back.

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January 28, 2021, 05:24:25 PM
 #147

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
I am a holder but sometimes I do spot trading and yeah some coins are undeniably dumped right now and some of them somehow stabilize like Bitcoin which is hovering around $30k-$31k. But anyway, panicking will not do anything good in fact it could make your trade even more which leads to your loss. Instead, think of something that could help you to manage and turn the tide on your side. Holders won't have any problem with it because if there will be some dip they will take the opportunity to buy and hold until they reach their target price. You know how volatile the crypto market is that is why you gotta adjust with it otherwise you'll be in trouble.



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January 28, 2021, 05:45:17 PM
 #148


Like anyone, I would scramble to check the tradingview chart I have to see if it's a big drop that it would be too late for me to sell. Just as it happened last Jan 11. Its a shard decline but went up after. I wouldn't really panic after all I'm investing my own money, not someone else that I would be blame in the end.

If you chase some profit right when prices drops, you may start selling too hoping the price will continue to drop so you can buy back and stash satoshis. its a confusing days actually sometimes you see the indicators tells its about to go down but institutions are buying more BTC that is why it seems not really dropping sharply.

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January 28, 2021, 11:55:02 PM
 #149

It is normal being panic but you should realize that the drop won't happen forever.
And this is the same as pumping.
As long as you hold the coins which have a big chance to soar this year, you don't need being too panic.
True to that. Most holders won't panic even if there's a drop, we even buy when that time comes and gets more bitcoin or ethereum or any altcoin that we think has a potential.
If you cannot make profits for the short term, then you can plan to take profits when the price achieve your target. The price should go up and down, you just need to wait for the rising up time.
Very easy to understand principle of investing.

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January 29, 2021, 08:57:30 AM
 #150

Crypto teached me to keep calm. Every big drop makes me sad but im not in panic after it

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January 29, 2021, 03:45:11 PM
 #151

As a trader, of course we must be prepared to face all the possibilities that occur in the market, like now there is a decline in altcoin prices, but if we see the decline as a good opportunity to buy some altcoins and sell them when the price starts to increase again, with the current conditions of course altcoin price corrections can occur at any time and of course we must be ready to face it and take the opportunity to make a profit.
I would say trying to take advantage of the waves of altcoin movements is something every trader will try, but only a great trader will come out profitable. It could go up and down and if you are a great trader you will profit from those ups and downs, but if you are a bad trader you will buy high and sell low like all the jokes we talk about.

All those messages about "as soon as I bought bitcoin price started to go down" are actually not jokes, and it is not coincidence neither because those people see bitcoin going super high and they buy it and price goes down of course, not because they bought and they are unlucky but because they got in after it went super high, they were too late. Long story short it is about the trader and his abilities and talents, if it is a good trader he will use these moves to profit whereas if he is bad he will end up losing it all.
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January 29, 2021, 04:29:01 PM
 #152

When I was a newbie I always panicked when the market went down sharply but now everytime the market is going down I see the opportunity to make money in the future, I really buy a coin at low price. It is just part the market movement..it will recover as long is not a shit coin that you invested because most of the shit coin will be dead no volume at all.

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January 29, 2021, 05:46:43 PM
 #153

I do not freeze but take drop of cost as an opportunity, Still accept in case the cost of Driving coins like BTC,ETHER,BNB etc increment more, Therefore I still hold my coins, since in my supposition this is often a characteristic development of the market circumstance and of course this can be my chance to purchase more Ethereum and hold, since I accept that soon the cost of Ethereum will increment once more and allow me a huge profit. It is nice hone purchase in ruddy and offer in green.

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January 29, 2021, 08:07:09 PM
 #154

even if after all i am a holder i don't want to suffer further losses due to sudden price changes, so i put many stop loss in the various exchanges so i should be calm but a bit of panic comes anyway
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January 30, 2021, 11:01:01 AM
 #155

Depend on the news, if the price drop because of the market correction i'll be fine and not panic at all.
But if something bad happen into my investment like "got hacked or stolen" so it's gonna make me so panic and maybe gonna sell my investment as fast as i can.
Actually, you don't have to panic either, because there are still ways to overcome it, namely by selling as quickly as possible and moving the assets to another place, which in our opinion is still very safe to store, but most people here always panic when there is a market correction.
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January 30, 2021, 01:49:52 PM
 #156

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down,
It affects your mental directly, it is a normal behavior when this type of event happens. I bet almost all of us have experienced this thing over and over when we are trading including me. But I mean then it comes to the challenge, it's not a great pleasure if you just do it without challenge and pressure, right?

we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement
Accept the market movement and make a decision quickly, so your wallet is not continuously bleeding.

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January 30, 2021, 11:41:08 PM
 #157

every trader will surely feel panic if the price decreases, even many of them decide to sell and only the losses are obtained ... but in the end it will reverse direction and they will regret it.  it happens to me so often.  but I am still happy and enjoy trading.

It is a trap, whales are always like that, because of the many liquidations that are attached at a certain price,
and of course they are playing with it. how to avoid it is quite easy, don't be greedy and always use stop lose,
and manage emotions when trading, oh yes, stop lose -5% of the support point. hope this helps.
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January 30, 2021, 11:52:55 PM
 #158

every trader will surely feel panic if the price decreases, even many of them decide to sell and only the losses are obtained ... but in the end it will reverse direction and they will regret it.  it happens to me so often.  but I am still happy and enjoy trading.
it is normal to feel shock or to feel nervous when the price went down so easily. But we cannot erase the fact that we need to grow and have more experience so that we will not be nervous anymore but instead it will help us to think positively even the price decreases only if we already know that how to read trends to read charts to read some news before anything else. We should learn these things through time and hardwork. Getting nervous is normal.
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January 31, 2021, 02:16:12 AM
 #159

Everyone in crypto feels the same every time the price drops. As time goes by you will get used to it. I try to keep my composure as much as possible since it will affect my decision making. It is either I cut my losses, HODL, or buy during the dip to average the cost of my investment that is how I handle the dip.
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January 31, 2021, 03:46:37 AM
 #160

I am not in panic everytime the price drop, because i still believe the price will be back again, especially when i saw institutional entity entering this market with their very big fresh fund. Another reason is i only put my saving money not daily use money to put in my crypto portofolio. If you oanicking everytime it drops you will broke and staying poor for the next decade.
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January 31, 2021, 04:16:46 AM
 #161

I am not in panic everytime the price drop, because i still believe the price will be back again, especially when i saw institutional entity entering this market with their very big fresh fund. Another reason is i only put my saving money not daily use money to put in my crypto portofolio. If you oanicking everytime it drops you will broke and staying poor for the next decade.
That's true after Paypal we now have Elon Musk tweeting about Bitcoin and Dogecoin and because of this we have pumped on both coins, we need more people like Elon Musk and more company like Paypal, for the market to surge and adoption continues, only those who invested with money coming from loans are panicking every time there is a price drop.

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January 31, 2021, 05:49:30 AM
 #162

panic will be natural response human specially they are who just enter the crypto market,i actually panic if see market price pump/dump instanly.
but now i dont feel like that anymore just take the chance for make quick gain, or buy more when dump come.
anything what down they will be up again.
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January 31, 2021, 06:11:41 AM
 #163

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

It depends on what kind of coins has earned that big amount of drop because sometimes it really common in the field of Altcoins like for example what we have seen on Ripples last month. It was the same situation for the other Altcoins when the SEC targeted them for some reason. We just need to get used to that in order not to get panic. When you're talking about bitcoins then that's some other stories because no matter how hard it falls it stand back quickly as it has never been fallen before. Sometimes the price raises much than before like what we are seeing right now. You should know the difference between those two or else you are waiting for certain altcoins to come back and it won't really happen again.

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January 31, 2021, 07:50:48 AM
 #164

NO. NOT AT ALL.

Right now I'm at a loss not in crypto though but in the stock market. The one I bought is down -12% already and another is down -14%. Am I panicking?? Not at all because I know that there will be a time that the market will recover and they will recover too.

That can be also applied in crypto. There is no need to panic especially if the coins that you are holding is for the long term. Discipline and self-control is a huge thing here. You can't control yourself = you will panic therefore you will sell your coins at a loss.

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January 31, 2021, 12:16:16 PM
 #165

Every trader has different thoughts but most traders will feel panic when there is a dump and maybe they will immediately sell even though they have a loss, for traders who are always analyzing the market will think of this as an opportunity to invest more and can get profit when the price starts to rise

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bitcon
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February 01, 2021, 07:50:42 PM
 #166

You need to choose the right course and follow it. Trading blindly is like buying lottery tickets and hoping to win.
The biggest mistake is to just keep track of the value of your assets and do nothing else.
Changes in the market are very unnerving, unnecessary transactions are made under the influence of negative emotions.
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February 01, 2021, 08:24:49 PM
Last edit: February 01, 2021, 08:36:10 PM by KimmyF
 #167

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
You don't need to worry about the current cryptocurrency condition, correction is also part of cryptocurrency. You should research cryptocurrency from first to last of 2017. Over 32K price is now stable enough for Bitcoin and I'm not panicking for the last dump. In 3 months, Bitcoin prices will surpass the last ATH.
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February 02, 2021, 06:30:29 AM
 #168

Rise and fall in the currency circle is normal, and prices will generally rise after falling.
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February 02, 2021, 07:05:16 AM
 #169

To wait as securing waste of efforts and work on extensive with the task of evaluation to defines of decision as to close position or work along with the limit order that price usually get back as the use with proper volume on chart with the market.

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February 02, 2021, 08:30:17 AM
 #170

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

Not really panicking during this times. Gotta stay focus and wait for the right moment to enter the market. Keep it steady and make the right decision and down just panic sell. For example, XRP dropped so sudden because of the SEC incident. They sure have made a massive drop because of that, better to have cut some losses then enter at a good price again.
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February 02, 2021, 03:16:34 PM
 #171

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
Hey, I'm not a professional trader.  But still I sometimes trade a couple of small beds. It is normal that most of us get nervous when the price drops. However, I have seen that most of the time after the price drop, the price rises again to the previous price or more. But we must control the nerve.

It's very important to control your nerve/emotion in order to prevent losing your investment. Most of the time especially those good and strong project, after experiencing some downfall/correction it will bounce back and bring strong run, it's not the usual but in some cases those who are good in assessing the situation are always earned from this kind of sway.
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February 03, 2021, 03:39:33 PM
 #172

This situation makes the big traders panic when the price drops 18% within 24 hours, for me it is just a market correction that occurs no need to panic when the price goes down the opportunity to add coins that will be traded that way when the price rises a great chance will be returned so It is only natural for the price to fall in crypto because there is nothing to panic about. It continues to spin and I am a long-term hold
Yes it is normal for the market to have that drop, some people panic when there is 18% drop but they are happy when they see a 18% gain? I mean all of the sudden when a coin pump without any good news prior to that gain, then they will FOMO . In order for us not to panic we should learn to read news related articles or news in order for us know if this just a market correction or it will happen eventually because of a recent news.

A big drop in the market is just a normal, it's not all the time that all cryptocurrencies still in high price, expect that it will get down after reaching the ATH. When the price gets down then that's the right time to buy at cheap price and hold to make profit in the future. No need to panic it's an opportunity to buy cheap and make some money just buy low sell high.. 
Yes like most of the trader says that we can accumulate more since many people will be afraid and sell, buy the rumor then sell the news, that is what I learned from the experts in that thing we can see that we no longer panic and we learned something.

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February 03, 2021, 03:45:22 PM
 #173

I think panic is normal when we see a large decline in the market or the assets we have. but now I have learned from the situation several years ago not to dissolve in a panic. I myself was still panicked when I saw a market decline. Likewise with the market increase that occurred very quickly.
But at this point, I decided to save some of my money to buy some assets when things go down and not buy assets when the pump occurs. When the pump happens I will focus more on selling the assets that I own. to be honest I'm not a long-term player.
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February 03, 2021, 04:22:23 PM
 #174

I myself will, of course, experience a little panic, but for other people maybe not, because it depends on what coins we have, it could be that a big drop occurs because the crypto market is really not good, so of course all coin prices will fall

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February 03, 2021, 04:45:43 PM
 #175

I myself will, of course, experience a little panic, but for other people maybe not, because it depends on what coins we have, it could be that a big drop occurs because the crypto market is really not good, so of course all coin prices will fall
This is not because the crypto market is bad, but the high volatility makes us have to keep a close eye on prices. at least following the news about the tokens or coins we have, so that when prices drop drastically, we can know and minimize future losses

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February 03, 2021, 10:42:30 PM
 #176

I myself will, of course, experience a little panic, but for other people maybe not, because it depends on what coins we have, it could be that a big drop occurs because the crypto market is really not good, so of course all coin prices will fall
This is normal to experience of panic when the price suddenly in down trend. If the coin you are into is surely will rise you will feel at ease seeing the market declined. Even me I'm in panic on what to do no next to sell some or wait for the bounce of price. So before investing in some coins we must set a plan on what price to sell or sell when in profit already.
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February 03, 2021, 10:57:13 PM
 #177

I myself will, of course, experience a little panic, but for other people maybe not, because it depends on what coins we have, it could be that a big drop occurs because the crypto market is really not good, so of course all coin prices will fall
This is normal to experience of panic when the price suddenly in down trend. If the coin you are into is surely will rise you will feel at ease seeing the market declined. Even me I'm in panic on what to do no next to sell some or wait for the bounce of price. So before investing in some coins we must set a plan on what price to sell or sell when in profit already.
We cannot invest carelessly because without any plan, of course it can be detrimental,
therefore, before investing, make sure we research first and define a strategy or plan,
and about panic I think everyone feels it too,
the most important thing is we don't need to panic excessively because this can affect us when making decisions

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February 03, 2021, 11:00:12 PM
 #178

Of course, if my investment is there at high levels, it is obvious to get panic. But we should also see these big drops as an opportunity to accumulate more if we have funds available. This way we can average the buy price. But for this to happen, we should never invest our 100% funds in one go.

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February 04, 2021, 11:19:16 PM
 #179

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

No I'm not of course, Why should I? in fact, there is no reason for me to get panic whether the market drop rapidly.
It is because, as long as you know how to trade properly and have the skills for sure you can get earn in the end. I had been
doing this thing for a couple of years now, believe me or not.
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February 15, 2021, 02:23:34 PM
 #180

Always use SL to trade, remember if we panic we will only waste money in the market. better learn technical analysis patterns to be able to control emotions or greed in trading. Regarding panic when prices fall, we should install SL in the area under support because often when the reversal is people people panic and sell at low prices.  you will never get the maximum benefit from it. I used to panic when there was a decline. but now it is more relaxed
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February 15, 2021, 02:33:54 PM
 #181

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

No I'm not of course, Why should I? in fact, there is no reason for me to get panic whether the market drop rapidly.
It is because, as long as you know how to trade properly and have the skills for sure you can get earn in the end. I had been
doing this thing for a couple of years now, believe me or not.
Exactly! I don’t care, it's more that I need. It’s not a downtrend. It’s a buying opportunity. It’s part of the short and long term cycles. I do believe, it's alright buy more every dip until the market has set up a reasonable downtrend.
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February 16, 2021, 06:30:00 PM
 #182

I have been in this crypto world from early 2014 and i dont wont to lie to you, every time the price drop it is still makes me panic, even though i have been 6 years here and felt 2014 - 2015 drop then 2018- 2020 drop. It is not easy to hold the coin for long term, thats why only few people has strong hand to hold and will be appreciated with the mooning price.

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February 16, 2021, 06:35:18 PM
 #183

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

no i don't, because if the price dump hard, then we panic, i think we can't control our emotions mate
wich mean we will try to sell our assets as soon as possible, and sometimes the dump is only a corrections to go more high

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February 19, 2021, 04:46:14 AM
 #184

As cliché as it may sound, losing money due to investment is a natural thing. When the price of my altcoins are suddenly drops, i try to take a deep breath. Taking a break from trading activities by doing other things that you like can be quite effective remedies. If you have excess deposits, this is an opportunity for you to buy as prices are falling.
i'm not panic, i'm just kinda worried what will happen next, or should i make another move to buy another altcoins or not.

A fall in crypto prices doesn't mean your world is doomed. The hike can happen at any time and you can't just wait.
Make a new plan. Do some research on what cryptos have gaps and allocate your funds wisely.

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February 19, 2021, 05:04:18 AM
 #185

When price dump it is very bad headache to me. Specially when i bought coin at high price and all my investment on altcoin and no usdt to buy at dip zone. This happen 2 time to me and i lost 400$ almost. I think at Dip time waiting is necessary. Price will pumpbback but after some time.

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February 27, 2021, 07:41:18 PM
 #186

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

panic is one of the causes of losses experienced by many people because in fact traders do not panic easily when the market is experiencing a significant price decline because the ups and downs of prices are a natural thing to happen in the market. so when the price drops dramatically it is better for us to hold back until the price rises again. and not taking steps to sell the assets we have.
The only way to protect oneself from Panic in this market is the right and early information, it is not easy to get especially for most of the market and bitcoin. Technical analysis, project development and big cap coin price movement are capable of strong influences to watch for coins we hold. Those with inside information have given information on social media that I ignored and some I got no idea How to deal with such information.

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February 27, 2021, 08:20:00 PM
 #187

Let me quickly share one of my experience when it comes to this same issue. I used to help some people with crypto Investment sometimes ago, before I decided that I was going to sell off their coins and return their money back to them. I have to help them installed some apps to monitor the current price of their coins. And each time there was a major big drop, I get series of calls from them asking me why the sudden change in price as if I was the one controlling crypto market. Though I knew things were going to end that way. I was prepared for each of there questions each time they asked me. This major big drop we can't do without it, it will keep happening but if you can hold for a long time. Things are going to be back to normal.

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February 27, 2021, 08:20:49 PM
 #188

IF IN DOUBT ZOOM OUT Smiley
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February 27, 2021, 08:39:45 PM
 #189

For the price decline that is happening to Bitcoin now, I consider it normal, indeed part of the volatile Bitcoin price. Especially if we analyze several
times Bitcoin tries to fall below $ 45k, but always fails and comes back up again. This proves the Bitcoin support price at $ 45k is quite strong,
and if we can be more patient for holding Bitcoin. So our patience will pay off when Bitcoin can come back up to a price of $ 58k again.
So don't panic when the market is down like now, because panic will only make us wrong in making decisions.



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February 28, 2021, 03:32:35 AM
 #190

In my case, I have this mindset that if you will not sell your hodling, you will not gonna lost any amount in you fund even if you see that the market price has a big drop. I always keep my mind composed and calm because I know that crypto market is very volatile and unstable so you need not to let you emotions win and just keep it hodl until you reach your desire target value.

When i started trading few years back, i used to be in panic when i saw bitcoin and altcoin fall below my purchase price. I could not sleep for nights and remained in tensions. However as i got experienced i understood that getting panic on every dip will make you lose your money by selling in loss. Now i do not panic because i know that the dump will be followed by the pump.
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February 28, 2021, 04:28:00 AM
 #191

The market consist of so many ups and downs, we can't always expect the price to keep going up forever, there will always be a price correction to keep the market in check, also a real holder won't panic dump no matter the decline in terms of price, I believe they are alot of long term holders out there who won't sell even when the price of the coins they are holding hit new all time highs, panic dump when price reduces only shows that you are a weak hand, anyway I'm not much of a trader becuz i hodl alot.

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March 18, 2021, 11:37:15 PM
 #192

For the price decline that is happening to Bitcoin now, I consider it normal, indeed part of the volatile Bitcoin price. Especially if we analyze several
times Bitcoin tries to fall below $ 45k, but always fails and comes back up again. This proves the Bitcoin support price at $ 45k is quite strong,
and if we can be more patient for holding Bitcoin. So our patience will pay off when Bitcoin can come back up to a price of $ 58k again.
So don't panic when the market is down like now, because panic will only make us wrong in making decisions.




I am a long term Investor of BTC and never get upset with price slide or correction because I firmly believe that BTC is a digital and store of value and history has proved it again and again that it always bounces back and makes new highs.











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March 19, 2021, 06:01:37 AM
 #193

Those who feel excessive panic seem to only be felt by many beginners who are trading so that they make their assets lose, but for traders who have not felt panic for a long time even though the percentage of price drops is getting bigger. avoid panic and excessive anxiety in trading

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March 20, 2021, 09:15:16 AM
 #194

Smart investors never panic whenever market falls, they fill their portfolios with cheap coins. While amateur investors start panic and sell in loss. Never panic and start selling your coins whenever market takes a dip, just HODL.
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March 20, 2021, 09:42:52 AM
 #195

no i havent check the price that day but i only found that the price drop after a few days because i was not online that time but my reaction was not shocked or anything that is negative but it were normal .
 it was the top coins in the market that come down first before the non top coins but im in control of the situation when that happens ,
thats why theres no need for me to panic  but  im also a kind of trader that is chill  .
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March 20, 2021, 10:13:15 AM
 #196

Those who feel excessive panic seem to only be felt by many beginners who are trading so that they make their assets lose, but for traders who have not felt panic for a long time even though the percentage of price drops is getting bigger. avoid panic and excessive anxiety in trading
Actually panic in trading occurs when there is talk from other parties which is not important to hear because it will not give us any benefit, this is more about the influence of interaction between fellow traders in the environment, so that their panic can also be carried away to our own.
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March 20, 2021, 08:51:10 PM
 #197

Panic is an incorrect definition of the feelings that a person experiences seeing as his plans and hopes have collapsed. It's more of anger and frustration. We may not always be able to control this, but we can take steps not to experience all this negativity. Learn to think and make the right decisions, not following the desire to get rich sooner.

Well, if something like this has already happened and you see that expectations have not been met, you should not panic. The crypto market does not tolerate the weak, and sends them to the very bottom, this applies to both projects and traders.

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March 20, 2021, 09:04:59 PM
 #198

I have learned in my 5 years of crypto life to not panic. And to not succumb to FUD or FOMO. Its a newbie trap that never ends well. Price drops, I take a chill pill and look for stuff to buy
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March 20, 2021, 09:33:03 PM
 #199

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
Sometimes I got panicked, sometimes I don't. It's my bad luck that still I can't understand it well as I am involved a long time with crypto currency. Market nature is ups and downs. Correction will be there must. But many of us getting panicked. Suggestions to others that try to be a holder.

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March 20, 2021, 09:40:29 PM
 #200

I have learned in my 5 years of crypto life to not panic. And to not succumb to FUD or FOMO. Its a newbie trap that never ends well. Price drops, I take a chill pill and look for stuff to buy
I've learned that as well. Panicking is only good when you're about to buy and you see it as the possible bottom that might have not going to be seen for a long time. Price drops are making me emotional but I've learned to endure and look for something to enjoy while the market isn't that good to look at. There's no sense in panicking if you have learned to be a HODL type of person.

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March 20, 2021, 11:12:31 PM
 #201

Panic is an incorrect definition of the feelings that a person experiences seeing as his plans and hopes have collapsed. It's more of anger and frustration. We may not always be able to control this, but we can take steps not to experience all this negativity. Learn to think and make the right decisions, not following the desire to get rich sooner.

Well, if something like this has already happened and you see that expectations have not been met, you should not panic. The crypto market does not tolerate the weak, and sends them to the very bottom, this applies to both projects and traders.
I agree, panicking is not the correct term, I guess it is worry. We cannot deny the the fact that having that emotion is normal because of what we've know. The best to do is lesser your expectations and think positively because sooner or later the big drop of price will gone and become high again. Remember that in crypto market, there is no unstable price. So think positively, be patience and trust it.


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March 21, 2021, 01:36:56 AM
 #202

This situation makes the big traders panic when the price drops 18% within 24 hours
Except they are "ignorant" big traders, otherwise I don't see why anyone who terms himself a big trader should panic once there is a dip. We see this kind of movement in the market from time to time and it's expected. There should be a level of gravity in price movement to serve as control. Remember that saying — Nothing goes up forever. This is what I use as a reminder whenever there's a price surge to keep my excitement in check.

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March 21, 2021, 06:23:10 AM
 #203

One thing I have learned regarding trading or investing is that panicking would only bring endless losses. If you are a trader, you have to trust your market analysis and if you are an investor you have to trust the project or coin/token that you have researched and studied in order to avoid to much loss. We all know being in a panic whenever price crashes won't bring anything good, so better control your emotions or else lost in your own game.
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March 21, 2021, 07:58:39 AM
 #204

Panicking won't help you when trading, there is always a reason behind every dump. It could be a correction, whales taking their profit, massive FUD. It also depends on what project are you referring to, some projects are worth buying with every dip, that is if you are planning to invest long-term. That is why before investing DYOR is a must for you to make your investment plan when to take your profit and when to sell.
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March 21, 2021, 02:30:35 PM
 #205

I think there is no panic in crypto trading, because the ups and downs of altcoin prices are something that is very common, but every trader must be guided by market analysis, and have a strong commitment. For investment, no altcoin rises without stopping, of course.  There has been a decline both on a large and small scale, therefore we must be calm and must be able to take advantage of the decline in altcoins, namely increasing investment by buying altcoins that are down but must choose altcoins that have good potential,
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March 21, 2021, 02:55:48 PM
 #206

Im not afraid at all with bear market right now
Because i choose the good coin that have a good fundamental and great time just like binance

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March 21, 2021, 08:19:44 PM
 #207

I used to panic when bitcoin dropped in price but I’m a seasoned HODLER for over 6 years now, nothing bothers me. Zoom out & look at the price long term, there are wild swings in either direction but overall the trajectory is up. This is the same for most major alts too (not applicable to pump & dump shitcoins).

Try not to get caught up & too emotional. Strong hands = profits.

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francois-cooper
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March 28, 2021, 08:00:40 PM
 #208

no because when you zoom out, yu realize that since 2010, everyone who has been holding bitcoin for more than 2 years, is in profit.

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March 28, 2021, 11:06:12 PM
 #209

There is a lot of trader who are panic once big drop happens again but I hope the panic seller will decrease when big dump happens because if you are old trader you are responsible for your emotions and you should stay calm. Long term trader is mostly are prepared for the dumping because they hold a coin for few years unlike to the short term trader or day trader who always trade their coin or few weeks only so they panic which can lead to lost of the capital.
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March 28, 2021, 11:42:51 PM
 #210

It all depends on Bitcoin, if Bitcoin shows bearish chart maybe I will be panic and selling my Altcoins that I bought. I don't care how much money I lose, I can enter Altcoins again when the price is dip. I couldn't hold Altcoins for so long if Bitcoin was already bearish.
Wont really be a nice idea unless if you do accumulate altcoin and tend to make some cut loss then this would be a typical action but not really that suggested because we do have
always the chance for recovery rather than on selling then better accumulate more when the price is cheap or bargain.Its no denial that when bitcoin market tends to be bearish
then altcoins do usually follow which people do really make this as a common indication when it comes to trend change where they do make out some analysis out of it.

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March 28, 2021, 11:51:58 PM
 #211

no because when you zoom out, yu realize that since 2010, everyone who has been holding bitcoin for more than 2 years, is in profit.
Good answer! this is what others don't do. They look at the slightest chart that they can and zooms out only from 24 hour chart to weekly chart.
But they neglect to look at the whole chart since when bitcoin started. Sometimes, even as a holder, I have that mindset that it should've just only gone up and not have a big drop.

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March 29, 2021, 03:22:19 AM
 #212

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
In my case, I keep myself calm and stay composed even seeing that the tide of red is happening in the market and I tend to look this red days as a very good opportunity to add additional hodling because of the cheaper price when the market drops for correction.
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March 29, 2021, 05:03:38 AM
 #213

~
In my case, I keep myself calm and stay composed even seeing that the tide of red is happening in the market and I tend to look this red days as a very good opportunity to add additional hodling because of the cheaper price when the market drops for correction.
Mostly Bitcoin massive uptrend take the things complicated. Very unfortunate that it will take the altcoins down with it. At the moment altcoins getting rekt, I'm attempting to try to avoid panicking and HODL with more force. I know altcoin market will always surprise me.

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March 29, 2021, 06:13:08 AM
 #214

~
In my case, I keep myself calm and stay composed even seeing that the tide of red is happening in the market and I tend to look this red days as a very good opportunity to add additional hodling because of the cheaper price when the market drops for correction.
Mostly Bitcoin massive uptrend take the things complicated. Very unfortunate that it will take the altcoins down with it. At the moment altcoins getting rekt, I'm attempting to try to avoid panicking and HODL with more force. I know altcoin market will always surprise me.
If you look at a lot of people already think the market is in a bear's mouth when bitcoin was in a correction yesterday which brought altcoins down too.
some people must be panicking, I'm sure it happens to some people. but we really need to be able to take advantage of the momentum in the current situation. if there is a correction then don't panic as well as the pump. we must be able to make the right choices so that our assets are safe and continue to grow.

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March 29, 2021, 09:07:35 AM
 #215

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

Yes, I accept this as part of a market movement.
this is also part of the risk traders have to face. Of course, everyone will feel panic when the market is like that, but it's better not to panic and worry too much. keep a close eye on market movements and get rid of panic and anxiety

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March 29, 2021, 10:58:58 AM
 #216

No, usually I don't panic at all, because it doesn't make sense.  The market is a very mobile and unstable platform, you need to have time to turn the fall in prices in your favor. Maybe if I invest all my money in some coins, then you can't do without panic, but if you don't lose your apartment, you can relax)
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March 29, 2021, 11:22:03 AM
 #217

In my case, I keep myself calm and stay composed even seeing that the tide of red is happening in the market and I tend to look this red days as a very good opportunity to add additional hodling because of the cheaper price when the market drops for correction.
Yes, but it is different for some people who think the correction market is a nightmare that makes them panic and have to give up assets they already have, even though it is a good moment to add some good coins through purchases.
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March 29, 2021, 12:47:09 PM
 #218

I never panic when every time there is a big price drop because I have learned from past experiences where when I first got to know crypto and when there was a big drop I panicked and immediately sold it. Now I even accept it as part of a great movement in the future. Therefore I have learned from experience and never panic when there is a big price drop
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March 29, 2021, 01:14:19 PM
 #219

If I have to be honest when I started dealing with crypto coins there was some fear when the market collapsed in minutes, but over time it gets used Cheesy Cheesy

But given the volatility of the crypto market, man should be prepared for this, and if you manage your finances well - one of main rules is that you should only invest as much as you can afford to lose - you should not accept the changes at the market with panic.
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March 29, 2021, 01:49:10 PM
 #220

It doesn't afraid me much whenever market faces a big collapse because I understand that this is the nature of cryptocurrency market and it can't be in positive state everyday sometimes there will be massive collapse and we have to be mentally prepared to deal with these kind of circumstances with patience and this is absolutely necessary to have patience if you're involve in cryptocurrency trading, investment and holding, falling in panic always end up with losses and regrets.
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March 29, 2021, 01:53:07 PM
 #221

to wait as price might go up as the following time while measuring with different customs of analytics and gains of supports on confidence that might to leads on finest option as extending trade or work on different strategics to secure account with the trading plan.

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March 29, 2021, 01:53:56 PM
 #222

For most of the assets I have today, of course, I will panic when there is a big drop.
because when a decrease occurs suddenly what occurs is a decrease in the value of assets simultaneously. to be honest it would be bad for a person who has a lot of assets.
As happened yesterday, the decline is in bitcoin and it affects the altcoin market as a whole. obviously, it panicked me. but I'm still trying to believe and repair the market back again. it looks like bitcoin's dominance in the market is affecting the current market power. the market is unlikely to collapse easily. we are already seeing some corrections taking place, and the market looks quite strong.
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March 29, 2021, 02:31:06 PM
 #223

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
corrections are commonplace and I don't panic anymore...
those who are newbies and impatient will definitely panic when they see price movements that go down and of course, they will lose. the price of the coin/token is not always green, there are times when it will be red and we have to prepare ourselves for that.



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March 29, 2021, 05:10:45 PM
 #224

When there is a big drop in a coin, it is not comfortable for any of us, although it is normal in cryptocurrency. In such a condition I get nervous. I check the market again and again to see when the price goes up a little. The price of some coin goes up again after dropping. So we must be patient.
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March 29, 2021, 05:34:12 PM
 #225

When there is a big drop in a coin, it is not comfortable for any of us, although it is normal in cryptocurrency. In such a condition I get nervous. I check the market again and again to see when the price goes up a little. The price of some coin goes up again after dropping. So we must be patient.

After checking you should analyze what are the possibilities, there are times that those known and solid project bounce back again,
Not even it went down so dip, the chance that it might pump is always there. Crypto market with volatile nature anticipation mostly based from speculations.

You need to have huge patience and a lots of time doing your homework not to make mistake during this kind of situation.

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March 29, 2021, 05:43:20 PM
 #226

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
I understand people who could be scared of a drop, it is normal. Humans evolved to protect themselves, the number one thing in our nature is to not die and do everything we can to not die, that's in our DNA, and of course we grew bigger and better and we are doing much more nowadays, but the reality is that no matter what we do, it's all about safety and not dying.

Even the person with 200 billion dollars has that chip in his mind, sure it is enlarged and all but I am sure 99.99% of humanity would say yes to 200 billion dollars without sharing it with anyone. Same applies to people who do not want to lose, money is something that makes sure you survive, if you have no money you will not be able to survive easily, but if you have a lot you will be great. So many people end up very scared at a potential of losing money because if they do, it will be harder to survive.
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March 29, 2021, 06:15:10 PM
 #227

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

As long as I invest in a well-known cryptocurrency, I never panic. Because I am more of a HODLer rather than a short-term investor. But if I invest in a new and very risky altcoin, most probably I'll panic when I see a big drop in the price.  Grin

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March 29, 2021, 07:03:21 PM
 #228

As long as I invest in a well-known cryptocurrency, I never panic. Because I am more of a HODLer rather than a short-term investor. But if I invest in a new and very risky altcoin, most probably I'll panic when I see a big drop in the price.  Grin
Yeah but that strategy only effective on some Top Altcoins like Ethereum, TRX or even Bitcoin but for some new Coin Or Token we should need to be more careful when there is some huge price movement, It can be good but also can be a bad sign and basically most of them was a bad sign, Rug Pull, Scam Team, Hacked, etc. Well, always DYOR!
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March 30, 2021, 01:45:44 AM
 #229

sometimes im in panic if the price of what im holding is totatlly dumping and dumping. what i do is sell my coin and set to lower price as price go down you have to set a lower price in order for you to cover your loses buy low sell low thats the technique im using if that specific coin is in dump mode.

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March 30, 2021, 03:03:33 AM
 #230

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

Panicking is either a coward's move or a fool's choice, selling at the time of dip is not advisable unless you really need the money in emergency matters. However it's better for us to keep some of our money for that purpose, invest more if you have already computed your budget allocation for the month.
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March 30, 2021, 03:09:16 AM
 #231

Do you panic every time there is a big price drop?
Of course there will be panic, but because things like that are often experienced, it will be an experience that will calm the situation because it has become the character or nature of the very volatile crypto market.
And to calm him down, it is still HODL and what has been planned is only to turn it into the long term, because after going down it will definitely go up again even though you have to wait a long time and be patient.

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March 30, 2021, 03:14:24 AM
 #232

Some times I am in panic when price drops but this is harmful for sometime because price takes reverse and losses recover.For long term holding we should not be in panic but yes in short term or in future trading we should be very careful.
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March 30, 2021, 04:15:21 AM
 #233

I used to be a panic trader. My palm was wet, my breath became shorter and I was so tense back then when I saw the market was bleeding. I was so tortured back then, but along with the experience, I thought that I can't be like that cause it only blurs my judgment and analytic ability. You did things worse when you're not in your good mind. Whenever I see this situation again I just thought that everything is gonna be okay and it's just temporary. I do inhale and exhale slowly and deeply to encounter that situation for my sanity.

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March 30, 2021, 04:31:16 AM
 #234

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
Whenever there is a big drop in price I am not going to panic because I just have to wait for the bounce back. I buy and hodl that is why no need for me to panic. For day traders some will do the same but some others set a stop loss.



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March 30, 2021, 04:45:13 AM
 #235

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
Whenever there is a big drop in price I am not going to panic because I just have to wait for the bounce back. I buy and hodl that is why no need for me to panic. For day traders some will do the same but some others set a stop loss.
then what if what happens is a long dump like the one that happened in 2018? even until the end of 2020 we are only seeing how the market is in real improvement. If that situation occurs, can you stay calm and not panic?
if I am sure to sell an asset that is already looking to be profitable. but not on the market's top assets. I will fully believe. but when a long correction occurs of course I will sell and exit the market first. I had to change my investment strategy today trading with a different asset.
a feeling of panic I am sure exists in investors with large capital when a long correction occurs.



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March 30, 2021, 06:42:59 AM
 #236

When there is a big drop in a coin, it is not comfortable for any of us, although it is normal in cryptocurrency. In such a condition I get nervous. I check the market again and again to see when the price goes up a little. The price of some coin goes up again after dropping. So we must be patient.
Those are the best moments for any investors to buy the coins at lesser rates because not many times it would be possible that such big drops might happens in future now. The game for the coins has changed now and for me any drop is like getting the coins at discounted rate and opportunity to buy it.


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March 30, 2021, 06:43:51 AM
 #237

When there is a big drop in a coin, it is not comfortable for any of us, although it is normal in cryptocurrency. In such a condition I get nervous. I check the market again and again to see when the price goes up a little. The price of some coin goes up again after dropping. So we must be patient.
Must be careful with being too nervous or overthinking about the thing that's totally out of your reach, it could cost you mentally and physically. If a coin drop I'd just ignore it for a while and hoping it would get back up or if worst comes to worst I'd just let it be and never touch it maybe for another year.
Although checking market again and again could let you not miss any opportunity but it's advised to use price alarm instead. as I usually did as well for my short term trades.

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March 30, 2021, 06:59:08 AM
 #238

We don’t think that it’s necessary to check the BTC exchange rate every hour. It only adds anxiety and panic.Remember that investing in bitcoin is a long-term investment. A correction is a sign of a healthy market, after which a new growth record can be expected
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March 30, 2021, 07:20:09 AM
 #239

Emotion can really affect our trading decision and that is why trading psychology should always consider whenever we are holding a coin. There is a recent drop in price and I actually one of the people who panic and it is the reason why I sold all of my coins. I regretted what I did but what happened give me a lesson that I can use in the future events. I know that I'm still a weak hand trader but I will do my best for me to overcome my current challenges. Panicking is not normal because exprienced trader will never panicked especially if they already know what they are doing. I think the best thing to do for those who still panicking is to do more backtesting to have more faith in your current trading system in order to develop courage that you can use to become successful in your trading journey.
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March 30, 2021, 07:21:07 AM
 #240

When there is a big drop in a coin, it is not comfortable for any of us, although it is normal in cryptocurrency. In such a condition I get nervous. I check the market again and again to see when the price goes up a little. The price of some coin goes up again after dropping. So we must be patient.

Drops in coin prices are likely to happen as they are in any other asset class that is being actively traded. In my opinion trading happens in cycles, boom and busts are just part of the game. We humans are herd animals who like to follow others. That is also why if some large investors start panic selling that others are going to follow. I just accept this and try not be scared to much when prices are falling. Its better to avoid selling at the wrong prices.
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March 30, 2021, 07:39:52 AM
 #241

people that are naive in this sector will be shocked by price changing.
I have a couple of friends that are calling on my phone each day just to say "wow what a pump" or "oh my god you're poor after this dump".
Each time they are shocked about my reaction.... since I am always calm and not need panic.
this is why there is so much attention after any "big move". but this is pretty normal for crypto currencies and bitcoin.
Personally I try each time to buy more bitcoin if I see a price drop.

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March 30, 2021, 07:47:02 AM
 #242

Some times I am in panic when price drops but this is harmful for sometime because price takes reverse and losses recover.For long term holding we should not be in panic but yes in short term or in future trading we should be very careful.
Actually it is a natural thing to happen because every human being will experience panic if the number of assets suddenly decreases in the market due to the effect of falling prices, but for some people who like to trade in the long term, the decline in the market will always be used to increase the number of tokens he likes through multiple purchases.
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March 30, 2021, 08:29:41 AM
 #243

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
There was a time in my early days in crypto when every drop, even minor one, got me panicked but now after spending years involving with crypto, I don't get panic at all.
Particularly now that big institutional buyers and business houses have started getting into crypto, I have become more confident and look price fall as an opportunity to buy more.
There are so many good crypto coins that are in their infant stage and how I wish I could buy all of them.
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March 30, 2021, 09:18:18 AM
 #244

yes, that's also part of the market movement. panic attitude is definitely felt by everyone if the price drops after we invest into one coin, I also feel that. but just let it go and can only wait for prices to return to normal.

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March 30, 2021, 11:11:10 AM
 #245

people that are naive in this sector will be shocked by price changing.
I have a couple of friends that are calling on my phone each day just to say "wow what a pump" or "oh my god you're poor after this dump".
Each time they are shocked about my reaction.... since I am always calm and not need panic.
this is why there is so much attention after any "big move". but this is pretty normal for crypto currencies and bitcoin.
Personally I try each time to buy more bitcoin if I see a price drop.
Well, I think it depends on the situation and conditions. when someone is so dependent on bitcoin and cryptocurrency, the dump will make them panic, and many of these people will sell their assets. however, on the other hand, there will be people who take advantage of that moment to add to their assets. well, I thought, I also only sell assets that I own when the price is high. However, I also see the decline in prices as an opportunity not something that encourages panic.

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March 30, 2021, 11:56:31 AM
 #246

When I was new to cryptocurrencies, I panic sell also when I see the coin I have is dumping hard and I guess this happened to newbies out there also. But as time passed, when I get the hang of crypto market and saw my coin that dumped hard then make a comeback of new ath that is where I learned to have diamond hands. I learned to be emotionless to my holdings, I promised to myself that I won't sell at loss again and take profit when it is bull season.
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March 30, 2021, 12:07:15 PM
 #247

yes, that's also part of the market movement. panic attitude is definitely felt by everyone if the price drops after we invest into one coin, I also feel that. but just let it go and can only wait for prices to return to normal.
Only three keys are often used in investing, first is sufficient capital, second is maximum patience, and the third is Time, if those three things are not in a person, then he is not suitable to invest in any coins, so there are no words panic in this case, because the doubters must always step back, while those who have faith will always advance earlier in everything.
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March 30, 2021, 12:17:52 PM
 #248

yes, that's also part of the market movement. panic attitude is definitely felt by everyone if the price drops after we invest into one coin, I also feel that. but just let it go and can only wait for prices to return to normal.
Only three keys are often used in investing, first is sufficient capital, second is maximum patience, and the third is Time, if those three things are not in a person, then he is not suitable to invest in any coins, so there are no words panic in this case, because the doubters must always step back, while those who have faith will always advance earlier in everything.

Yeah, that three keys you mention is very effective way to gain a huge amount of profit but their are some factors to be consider. One factor is the capacity of your own financial stability as you can easily hold your maximum patience due to you strong financial income as you didn't mind whatever happen the investment you put in crypto currency community. Lastly, is the time you have as you can set aside your priorities for the huge amount investment. Well, its still depends on your own point of view and techniques.

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March 30, 2021, 12:45:20 PM
 #249

yes, that's also part of the market movement. panic attitude is definitely felt by everyone if the price drops after we invest into one coin, I also feel that. but just let it go and can only wait for prices to return to normal.
Only three keys are often used in investing, first is sufficient capital, second is maximum patience, and the third is Time, if those three things are not in a person, then he is not suitable to invest in any coins, so there are no words panic in this case, because the doubters must always step back, while those who have faith will always advance earlier in everything.

Yeah, that three keys you mention is very effective way to gain a huge amount of profit but their are some factors to be consider. One factor is the capacity of your own financial stability as you can easily hold your maximum patience due to you strong financial income as you didn't mind whatever happen the investment you put in crypto currency community. Lastly, is the time you have as you can set aside your priorities for the huge amount investment. Well, its still depends on your own point of view and techniques.

If you have deeper sources of finances then your capacity to take the long hold is very possible.

That's the privileges where big investors get a huge edge from small players, they can continue their business without worrying
if what's happening with their assets, they can just live normal and forget their trade for a while, and simply coming back once they've
notice that the market is normalize and bouncing in their favor.
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March 30, 2021, 01:46:46 PM
 #250

Yeah but that strategy only effective on some Top Altcoins like Ethereum, TRX or even Bitcoin but for some new Coin Or Token we should need to be more careful when there is some huge price movement, It can be good but also can be a bad sign and basically most of them was a bad sign, Rug Pull, Scam Team, Hacked, etc. Well, always DYOR!

No amount of DYOR can really prevent a rug pull,,, unless you know how to read code and can certify for yourself the audits mean the code is safe and cannot be drained from pools.

The problem is even the best like Certik audit and then later the projects scam.

So EITHER codes still have holes. Or projects lie about the code being on github etc.

.
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March 30, 2021, 02:31:17 PM
 #251

All investors and holders of altcoins experience panic it is inevitable especially if the price of your hold altcoins dips too much but we need to be brave even I I can't help but panic on hold if altcoins become strong just hold and trust so you don't panic to sell your altcoins if it has potential and longterm you don't have to worry.
If I doubt my observations and conclusions, then I tend to trust the research of reputable analytical companies that constantly make certain predictions in the cryptocurrency market. Even in their opinion, the bull run in the cryptocurrency market in 2021 will be longer than what is according to the current indicators. In my opinion, the cryptocurrency market in 2021 looks much better than in 2017 and, accordingly, the market performance this year will be much higher and much longer. That is why there is no need to panic for those cryptocurrency users who have made investments for a long period, and those who have invested for a short time should fix their profits at the right moment.

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March 30, 2021, 03:13:33 PM
 #252

people that are naive in this sector will be shocked by price changing.
I have a couple of friends that are calling on my phone each day just to say "wow what a pump" or "oh my god you're poor after this dump".
Each time they are shocked about my reaction.... since I am always calm and not need panic.
this is why there is so much attention after any "big move". but this is pretty normal for crypto currencies and bitcoin.
Personally I try each time to buy more bitcoin if I see a price drop.
I don't believe you can have such a cold face during a time when the price is strongly reversed, sometimes some fluctuations are in your mindset and you can stay calm, but every move in the market gets bigger and more special over time, a recent example is the price of bitcoin suddenly dropping ten thousand dollars, a candle filled with blood. Surprise and panic is not what I expected but put you in the situation where you are someone who is buying at a high price, saying no panic is just a lie, our minds are not trained to deal with such problems

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March 30, 2021, 06:25:44 PM
 #253

Sincerely? I am waiting a bit for the moment when the bank will end, because I would like to finally buy ETH. So far, I was at the selling stage. It's natural that the price will finally drop ... This happens every 2 years ...
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March 30, 2021, 09:31:15 PM
 #254

yes, that's also part of the market movement. panic attitude is definitely felt by everyone if the price drops after we invest into one coin, I also feel that. but just let it go and can only wait for prices to return to normal.
Not by everyone. Although experienced ones will unlikely to feel that but I think there's still a bit of panic on it but they know what's happening and they won't allow themselves to just panic because of that recent drop. You experience several drops and you'll don't have to think of those small drops that seems to be huge for the newbies.

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March 30, 2021, 09:55:18 PM
 #255

yes, that's also part of the market movement. panic attitude is definitely felt by everyone if the price drops after we invest into one coin, I also feel that. but just let it go and can only wait for prices to return to normal.
Not by everyone. Although experienced ones will unlikely to feel that but I think there's still a bit of panic on it but they know what's happening and they won't allow themselves to just panic because of that recent drop. You experience several drops and you'll don't have to think of those small drops that seems to be huge for the newbies.
When you are already getting some experience then you would really be getting used to with these kind of drops which it would turn out to be a typical one or ordinary day
and when you do already get some sufficient experience on this market then you would less likely to get easily panic when you do see these kind of events.Big drops?
some do still panic even they are already experienced but not really into that certain extent similar when they are still noob on this place.

Looking these drops as a form of opportunity will really put you on ease and instead of panicking you would rather see this as an opportunity.
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March 30, 2021, 10:31:24 PM
 #256

anyone will panic, but there is actually a strategy for dealing with coin dumps. I think it is necessary to have a technique and be able to switch to other tokens / coins when the coins we have are dumped, so I think there is still a need for adjustments to deal with coins

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March 30, 2021, 10:43:03 PM
 #257

For people who have been in the space for a while, I think it's a usual feeling. I always anticipate that price drop will happen, and also any coin am not planning to hold, I usually take profit anytime am satisfied.
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March 31, 2021, 05:09:14 AM
 #258

Its a part of the market but no matter what someone says, everyone feels panic while the market falls down and it is a natural thing whether someone accepted or not but long-term players do not worry much about the daily up and down movement because their target is set and they are ready to hold it for long. I am a mid-term trader now I learned a lesson from the previous bear run sell it when you achieve your target do not be greedy for more profit.

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March 31, 2021, 05:29:19 AM
 #259

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
18% drop in what? Market cap or Bitcoin ?


I'm telling you mate , Panicking will not contribute good in the market and instead you will Only add no value at all.

- If you wanna sell do it On your own and don't ask others to do also with you.

- If you wanna sell,Do it as you please and not just because there is a certain fall that's happening in the market.



But asking me? No i will not sell my coins instead i will buy more as an advantage for holding Knowing how good performing the market since last year.

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March 31, 2021, 06:00:07 AM
 #260

Personally, I am very calm when a cryptocurrency falls in price, as this is the market today, the price falls, tomorrow the price rises. So you need to always be in a calm state and be absolutely indifferent to such changes. If you are very worried, then you can very soon get to the hospital and then you can forget about the market and cryptocurrency. I wish everyone to be healthy and have a clear mind for the development of successful transactions on the stock exchanges.
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March 31, 2021, 11:43:57 AM
 #261

No, if it's bitcoin your talking about or perhaps ethereum. It is a big opportunity for me when there is a big drop in price because that's the time when i buy even more coins for me to invest in. Honestly i've been eyeing bitcoin and ethereum's price to slightly drop so I can purchase some more. After that, I wait for the next big spike to happen which usually takes 2 to 3 years? Based on my observation.

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March 31, 2021, 11:58:35 AM
 #262

For people who have been in the space for a while, I think it's a usual feeling. I always anticipate that price drop will happen, and also any coin am not planning to hold, I usually take profit anytime am satisfied.
Actually that is much better than having to be greedy in terms of taking profits, because profit is not always the same and will not always exist at different times, so taking profit at any time is a very good thing in my opinion.
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April 04, 2021, 07:14:40 PM
 #263

Personally, I am very calm when a cryptocurrency falls in price, as this is the market today, the price falls, tomorrow the price rises. So you need to always be in a calm state and be absolutely indifferent to such changes. If you are very worried, then you can very soon get to the hospital and then you can forget about the market and cryptocurrency. I wish everyone to be healthy and have a clear mind for the development of successful transactions on the stock exchanges.
Most likely, the panic in the cryptocurrency market is raised in order to reduce the price and profitably invest your capital. Many people think that Bitcoin will no longer rise above the level that it has today, but nevertheless, the analysis of the charts suggests the opposite, which is confirmed by many forecasts of experts in the cryptocurrency market, where we are talking about good prospects for the entire 2021.

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April 04, 2021, 09:23:35 PM
 #264

Most likely, the panic in the cryptocurrency market is raised in order to reduce the price and profitably invest your capital. Many people think that Bitcoin will no longer rise above the level that it has today, but nevertheless, the analysis of the charts suggests the opposite, which is confirmed by many forecasts of experts in the cryptocurrency market, where we are talking about good prospects for the entire 2021.
There is no confirmation in forecasts and experts, they're the same as us who predicts the market until it's being validated and confirmed by the market alone and itself upon reaching those predictions that we're setting.
The panic also lies to everyone who don't have a strong sense of emotion and still weak in feelings upon seeing a huge dump and correction.

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April 06, 2021, 06:21:47 AM
 #265

yes, that's also part of the market movement. panic attitude is definitely felt by everyone if the price drops after we invest into one coin, I also feel that. but just let it go and can only wait for prices to return to normal.
Only three keys are often used in investing, first is sufficient capital, second is maximum patience, and the third is Time, if those three things are not in a person, then he is not suitable to invest in any coins, so there are no words panic in this case, because the doubters must always step back, while those who have faith will always advance earlier in everything.

Of course, all those responses are very correct and suitable to be used as a basis for investing to achieve large profits. but it is only for those who already have financial capacity and more understanding about Investing. believe it or not, big losses in investing are always obtained by those who are "PANIC" with a very low price drop after he has bought so that he has to give up the asset he is holding, but for those who already have an understanding of investing, such an incident is an opportunity to gain big profit

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April 06, 2021, 02:05:54 PM
 #266

panic is a natural thing in an investment especially in the crypto world, but before plunging directly into crypto investing, you must be ready to accept the risks and understand what crypto is, therefore choosing the right coin is the key

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April 06, 2021, 02:17:49 PM
 #267

yes might be  that those to leads with the drawing on chart to gives with less profitable on difference with the buying price of token and investors to wait with longer times to gains back with the customs level of price as preparing order to sell token for exchange with eth/fiat.

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April 06, 2021, 06:02:30 PM
 #268

panic is a natural thing in an investment especially in the crypto world, but before plunging directly into crypto investing, you must be ready to accept the risks and understand what crypto is, therefore choosing the right coin is the key

Embracing volatility is very important, if you can handle this feature you can take it as advantage. It will help you to earn more when you already have the sets of skills and right emotions.

Most of the time, those who panic as early as the market dumped down are the one who lose a lot, if you have the right mindset and  you
are ready to take those changes from the value of your initial investment, the very high chance to bounce without losing any penny but
instead to gain when big jump takeover.

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April 06, 2021, 08:36:12 PM
 #269

In this situation, when the market falls in price, I very calmly follow this movement. Since this is not the first time I have been working in the cryptocurrency market. I already have experience that has been accumulated over the years. I always do a very thorough analysis of the market and only then make a deal. You should never panic when making a deal, as you can make a mistake and lose your funds.
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April 06, 2021, 10:17:43 PM
 #270

I have learned from my mistakes when the market drop I always cut loss, after that the price turns back up. so I am not worried when the big price drops, there will be a big up moment. I better hold then wait for the market to recover

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April 06, 2021, 10:38:33 PM
 #271

I think there aren't many people who do not panic when there are gaping drops in the market. It is only natural to worry, specially when your profit is shrinking by minutes. You can't help worry when you know the market has been in the green for so many months.

Where there's ups there will be dumps, and now it is the time to keep check on coin market dominance...
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April 13, 2021, 09:14:06 PM
 #272

There is no point in panic. When we panic, we act automatically, on reflexes. In case of survival, this can help, because during a panic, many run without looking back. But when we are faced with technological progress, panic only gets in the way. However, it is difficult to understand panic when you are already at its mercy. In any case, the fact that I just realized that my money was lost and it had already happened, nothing has changed, it has helped me the most.

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April 13, 2021, 10:56:01 PM
 #273

if you panic everytime that the price of the coin or token you are holding makes a dip then you do not really understand how price moves in the financial markets.
prices rarely moves straight up, it moves back and forth in the desired direction, some times some price dips are merely just retracements before a bigger push in price.
So i dont panic when the price of my holdings drop, as long as i keep myself abreast with the fundamental and technical analysis of these coins.

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April 14, 2021, 02:14:59 PM
 #274

as uses with the customs of market entrance for different token from developer, trader might have with personal preference on appealing the drawing of chart with the market, that with least of possession on technical evaluation trader might feel of over reacting on contrast with the chance as referring option on use with the trading.

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April 14, 2021, 02:22:17 PM
 #275

if you panic everytime that the price of the coin or token you are holding makes a dip then you do not really understand how price moves in the financial markets.
prices rarely moves straight up, it moves back and forth in the desired direction, some times some price dips are merely just retracements before a bigger push in price.
So i dont panic when the price of my holdings drop, as long as i keep myself abreast with the fundamental and technical analysis of these coins.
You probably didn't go through 2018. When BTC peaked at ATH ~ $ 21k.  Then it burst like a bubble and I watched my friends panic with a very bad symptom.  They are extremely confused because they have gone in the wrong direction, they borrow money to keep bitcoin when it is too high.  And it slipped off my friends.  This year's explosive trend, though, is too special.  But that doesn't mean the psychological state is unprepared for other situations.  No one wants to lose, right? Cool
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April 14, 2021, 02:26:37 PM
 #276

I don't think any tough crypto head would be panicked about massive red candles. We have been there, done that. We see opportunities when others see danger
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April 14, 2021, 02:41:09 PM
 #277

if you panic everytime that the price of the coin or token you are holding makes a dip then you do not really understand how price moves in the financial markets.

Best to review back the market that you are working with, trading is not for those who can't

wait and don't have enough patience.

prices rarely moves straight up, it moves back and forth in the desired direction, some times some price dips are merely just retracements before a bigger push in price.

You need to work with your good knowledge and proper skills to take some good

advantage with the volatile nature of this market.

So i dont panic when the price of my holdings drop, as long as i keep myself abreast with the fundamental and technical analysis of these coins.

As long as you understand what business you are in, taking time to chill when correction

is ongoing and be back when bounce comes back and bring you benefits.
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April 14, 2021, 03:48:01 PM
 #278

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
If we say not to panic at all, of course that's a lie in my opinion, of course there is no one here who doesn't panic when seeing their estimation of their money decrease quite a lot in the market  Grin
to be honest as a trader I also often experience panic when indeed the price of the coin that I hold falls and I inevitably have to sell some of the my coins have to anticipate considerable losses and I usually use the money from selling these coins to buy coins others who are indeed moving up so that I can cover the losses that I can cover from the gains of other coins even though my money is not fully returned Cry

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April 14, 2021, 03:55:10 PM
 #279

There is no point in panic. When we panic, we act automatically, on reflexes. In case of survival, this can help, because during a panic, many run without looking back. But when we are faced with technological progress, panic only gets in the way. However, it is difficult to understand panic when you are already at its mercy. In any case, the fact that I just realized that my money was lost and it had already happened, nothing has changed, it has helped me the most.

Knowing that dealing with the panic successfully will give us a more progressive perspective, but as you said, the panic when activated is too confusing and uncontrollable, a few small losses will not give us such panic but in the face of a big loss, our psychological weaknesses are very clear, the reduction in wealth is too frightening, even if this amount is the last amount of savings, it really creates a crisis. Perhaps the investment path is always bound to fear, but the benefits can be evident in the calm face of problems both in investment and in life.

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April 25, 2021, 03:43:48 PM
 #280

I am a trader holder, indeed when there is a big decline it is very unpleasant but it doesn't make me panic, precisely when the price drops, I buy altcoins. and I accept the price reduction as part of a big move
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April 27, 2021, 09:55:17 PM
 #281

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

every market has its ups and downs. all have their respective movements. if you are a senior trader you will definitely be more relaxed when the price is decreasing, but if you are a beginner, you will feel panic when the market price is down. because I am a long term trader. so I have my own target for trading so that it doesn't cause panic when the price is down.

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April 27, 2021, 09:58:19 PM
 #282

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

every market has its ups and downs. all have their respective movements. if you are a senior trader you will definitely be more relaxed when the price is decreasing, but if you are a beginner, you will feel panic when the market price is down. because I am a long term trader. so I have my own target for trading so that it doesn't cause panic when the price is down.
Matter with the experience in the market and its true that if you've been here on this market for a while now then you wouldn't really see these drops as an issue but rather see this as an opportunity.

Panic is something that cant really be get rid of no matter how experienced you are, there are really times or moments that you head tingles or hands for you to sell because you are
panicking that your portfolio is going on reds.

So if you are having some goals then always be strong on standing to it until it reaches out that point.


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April 27, 2021, 10:01:35 PM
 #283

everyone is bound to experience panic or anxiety during a price drop like this, but I admire someone who can control his emotions. Personally, I am the type of holder, I will still choose to hold when the market is red,
I've experienced many times drops and anxiety and fear because of the market but it has also taught me to remain to worry less after seeing how it has recovered many times.
even if I have enough funds I will buy back gradually, for the first loss backup when the price goes up to the initial position.
Before I don't do this but it's a common strategy to buy back if you've taken profit already.

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April 28, 2021, 06:32:42 AM
 #284

Panic of course, but in a state of panic, we have to keep using our brains to make decisions. There is a lot of data that needs to be analyzed in order to produce a more mature decision. We still have time to do a little research on the causes of a bloody market before we sell all the assets at a low price and allow losses, and we will also know that in the future whether price recovery is possible or not. That way, you will be able to get the option to buy again, or sell some, or sell everything (if you have to and there is no possibility of price recovery)

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April 28, 2021, 06:43:01 AM
 #285

It depends on the situation,if i keep looking in the market,then obviously i would very very very panic,due to that is my money is on losing,it hurts,i am serious. But if i ignore it,not to look the price changes,and i definitely will not in panic,and this kind of style we called that HOLD.
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April 28, 2021, 07:02:03 AM
 #286

Definitely, people would feel some type of way and I know I do feel mostly like, "I would have been able to exist and buy some back at the dip"  Cheesy but still understands that, this could be a correction with regards to what I understand with the market situation at that time. Once you are able to confirm that we are not in a total bear market then it is all about how i missed some more gains.
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April 28, 2021, 01:31:13 PM
 #287

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
In trading, you can not panic. This is the most important rule - always think with a cold head. In addition, the falls are different. There is an impulse, there is a correction. If you can not cope with emotions, it is better to leave the market with a loss of 2% than 20%

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April 28, 2021, 02:23:19 PM
 #288

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

yes it's part of the market movement, when the market is experiencing a correction, you should continue to buy more because that is the best opportunity for the future. If possible, I suggest that you should invest in not panicking too much when you see that the price of the token we are investing in falls even more, but think of it as an opportunity to continue to buy and sell when the price goes up higher.

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April 28, 2021, 09:11:52 PM
 #289

The only way to protect oneself from Panic in this market is the right and early information, it is not easy to get especially for most of the market and bitcoin. Technical analysis, project development and big cap coin price movement are capable of strong influences to watch for coins we hold. Those with inside information have given information on social media that I ignored and some I got no idea How to deal with such information.
I think more than early information, there is a need for the holder to understand why is the price dropping. When you know why the price is dropping, it calms you down and you rather laugh at the situation instead of panicking. Last year when plustoken scammed users and ran away with a gigantic amount of bitcoins and other coins, the markets were crashing and I am sure a lot of guys panicked but those who knew that the plustoken scam is the reason behind the dump, along with covid-19's economic hit, never even worried at all and might have even purchased more bitcoins during the dip.

I don't like to guide others about how to not panic because the truth is that when market collapses even I am concerned and all the internet is about bad news and negativity.

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April 28, 2021, 10:58:35 PM
 #290

I don't panic when prices fall. For me the fall is another chance to earn and average my positions. Of course, when you are a beginner, everything looks very scary when all the coins fall, but you just have to wait and everything will be fine.

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April 28, 2021, 11:10:58 PM
 #291

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

every time there is a decline in prices on the market, everyone will panic. for fear of losing the assets they have in it. and it's a normal condition that everyone experiences. However, what is different is the attitude and decisions they take in the event of a decline in market prices. my attitude will continue until the price returns to normal and I make a profit. I never want to sell when I am losing money when the market is bleeding.

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April 28, 2021, 11:27:27 PM
 #292

Sometimes I get the scare not just to the point of panicking.

And knowing that big players on the market and some retail traders are simply playing the buy low and sell high game., so these guys could be pushing price down to where they need It before a bullish move.


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April 29, 2021, 03:11:49 AM
 #293

why panic. isn't it when we start investing we should be prepared with possibilities like this. Prices fall suddenly not once or twice, this kind of situation has happened a lot and is not new. so we should have prepared and had a preventive plan in case something like this happens. I always look at the support point every time I buy and determine where the price I will sell, if the price suddenly falls. I always prepare to cutlose, and buy when the price is cheaper.

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April 29, 2021, 08:29:56 AM
 #294

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you


well. i think panic is common nature for human if bad situation happened. but we have to think critically and search for solution to the problems also do not have drown in the situation.
if we are investing our money in crypto, first, we have to know that our investment has a risk and so volatile, we have to be careful in the process and always do research about the coins.

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April 29, 2021, 08:39:51 AM
 #295

No because i know and believe in the project i invested in.

You will panic if you don't know about you invested in, so even though last week my portofolio drop more than 20% i just calm and don't panic because i hold my coin for long term.
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April 29, 2021, 08:43:11 AM
 #296

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
In trading, you can not panic. This is the most important rule - always think with a cold head. In addition, the falls are different. There is an impulse, there is a correction. If you can not cope with emotions, it is better to leave the market with a loss of 2% than 20%
True, it's better to leave the market immediately if we can't control our emotion, who knows instead of holding hard we instead contribute to the dumping because of panic selling, an investment that's supposed to be making profit for us goes to drain instead because we don't have any idea how we really trade. That frequently happened to a lot of newbies who just trying to trade in the real market without even learning technical analysis before hand. These kind of people will eventually losing a lot and then quit the market, better surrender because we lack knowledge than go broke by being too reckless.

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April 29, 2021, 08:46:36 AM
 #297

I don't panic when prices fall. For me the fall is another chance to earn and average my positions. Of course, when you are a beginner, everything looks very scary when all the coins fall, but you just have to wait and everything will be fine.

yes, it is true with your statement. only a beginner who is new to trading feels fear and panic when the price of the tokens he is buying starts to fall so he has to sell them all. even though if you are patient for only a short period of time it is possible that the benefits will be on his side. of course only beginners who feel that way

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April 29, 2021, 08:51:57 AM
 #298

Doing cryptos since 2017 and back in the time, i was always panicking when my porto going minus for more than 20%.
But right now, i know i'm holding good coins so whenever the price is going down, i'm always aiming for long time investment. So i wouldn't worry anymore because i trust the future of my coins are good

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April 29, 2021, 08:53:06 AM
 #299

No because i know and believe in the project i invested in.

You will panic if you don't know about you invested in, so even though last week my portofolio drop more than 20% i just calm and don't panic because i hold my coin for long term.
well, that's really good for you. Many people will feel panic and stress when they see their assets decline, and personally, I also often stress seeing that. it's just that, sometimes I prefer to hold back and be patient than selling it out of panic. well, making a decision at a time like that would only make us disappointed after that.

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April 29, 2021, 08:53:19 AM
 #300

No, if I ever get stuck on a coin, I'll profit from the uptrend of another coin.

Then check to see if the coin you recently invested in is about to pump again. That's one of my trading values because I only have a limited amount of money and I'd rather make small profits than wait for the coin to go up and demand the profit.

Each coin will always experience a correction; however, you should be aware that we, the investors, are the ones who control the market. If the coin is overbought, anticipate a correction, swap your coin, and then join the dip once more.

If you're stuck and your coin drops dramatically, it's possible that your entry price is too high or that your entry is wrong. If you've had a significant decrease or, to put it another way, a correction, it's your fault.
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April 29, 2021, 09:01:06 AM
 #301

Afraid of its deep discounts? A little bit, but after all, I'm happier seeing it go down because I'm really scared that something just goes up, with my time in the market I'm aware enough to know the times Adjustment is essential for a strong bull run.

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April 29, 2021, 11:51:16 AM
 #302

You don't have to panic, you have to be cold and think. Ofc coins are also going down, you don't have to panic when this happen.

Be a Holder, don't sell immediatly on panic because you will lose money.

Most important thing, read about the project you want to invest in; read the whitepaper, study the roadmap, put some interest in it, not just your money. Gotta be careful on those scams projects..  Grin
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April 29, 2021, 12:09:54 PM
 #303

I am a strong holder. I don't feel panic when a coin dump. But if I have high loss then I would see token Price again and again. Cheesy
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April 29, 2021, 12:30:37 PM
 #304

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you


I believe that the price of the coin I am holding will just be like the roller coaster. It will go up and down the only problem is if it goes down or stay down for a long time. But it is already part of the market so I get used to it. I do not panic because I trade on a good coin now unlike before that I trade and invest in a shitcoin so I lose a big amount of money. Panic also does not help me or any trader at all. I can't always monitor the market due to sometimes hectic schedule and because of that I hold my coin for a long term but of course I am using stop loss.

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April 29, 2021, 12:44:16 PM
 #305

Certainly panic when the market goes down in a short and significant time but when I already have a strategy to anticipate bigger losses I won't panic excessively. People who panic they can't control their investment so they get a loss. What is clear is that you must be able to manage money management and set your investment strategy so that when the dump market you already have a plan

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travwill
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April 29, 2021, 03:39:05 PM
 #306

There is no point in panic. When we panic, we act automatically, on reflexes. In case of survival, this can help, because during a panic, many run without looking back. But when we are faced with technological progress, panic only gets in the way. However, it is difficult to understand panic when you are already at its mercy. In any case, the fact that I just realized that my money was lost and it had already happened, nothing has changed, it has helped me the most.

Knowing that dealing with the panic successfully will give us a more progressive perspective, but as you said, the panic when activated is too confusing and uncontrollable, a few small losses will not give us such panic but in the face of a big loss, our psychological weaknesses are very clear, the reduction in wealth is too frightening, even if this amount is the last amount of savings, it really creates a crisis. Perhaps the investment path is always bound to fear, but the benefits can be evident in the calm face of problems both in investment and in life.

Then this should serve as a signal that you are prone to panic. If the first time panic always catches you by surprise, then there should not be a second time. If it happened a second time, and you again lost all the money or suffered heavy losses, it means that you are not prepared. This means that you ignored the signal that was given to you earlier. After the first case of panic, you simply have to take action, as a last resort, no longer trade or invest.

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April 29, 2021, 03:46:12 PM
 #307

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you
I panicked, that was the first time I faced it. But gradually later when I experienced I was less scared and more anxious. Anyone who sees their money lost is worried.
But from there we grasp the signal to take profits. It's important to capture the signal. If you keep that panic, you won't recognize them. So be calm and smart





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April 29, 2021, 03:46:42 PM
 #308

The first time I invested in cryptocurrencies, I used to panic all the time.
I never miss a minute checking my portfolio; it makes my emotion go rollercoaster. Slowly over time, I have stopped this behavior, and I don't frequently check prices anymore.
I became a HODLer which is beneficial for me as I tend to invest long-term.
 It makes my emotions more stable and relaxed. If you're going nuts over a dip, you will have a hard time in this space.
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April 29, 2021, 03:46:42 PM
 #309

Panic is normal to a person who are afraid to get lose because of huge price drop. But for those who are risk taker person and already know the market trend, will always use this price drop as an opportunity to buy more tokens/coins. Also you don't need to panic because ups and down in the market is just  normal. You can't earn profit specially in trading if the value of a token just keep increasing and never drop even a little.

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April 29, 2021, 04:01:59 PM
 #310

Of course I will never panic when there is a big drop in price, because in my opinion it is only natural that the market is corrected and I am even happy when the price of coin that I invested is down, because I can buy more at a cheap price and hold, so when the price increases according to my target, then of course I will definitely get a big profit.

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April 29, 2021, 04:38:04 PM
 #311

Panic is normal to a person who are afraid to get lose because of huge price drop. But for those who are risk taker person and already know the market trend, will always use this price drop as an opportunity to buy more tokens/coins. Also you don't need to panic because ups and down in the market is just  normal. You can't earn profit specially in trading if the value of a token just keep increasing and never drop even a little.

There are many ways to earn from this market, anticipating the upcoming events gives you a much closer glimpse of those possibilities. Most of those who panics are victims.

Traders who have confidence with his skills will never panic in ay given situation else, he'll figure it out and see the potentials.

You need to develop and enhance your skills in order to survive from this industry, the volatile nature of this investment venue
are more on providing opportunities to earn, learn to maximize your benefits.

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April 29, 2021, 04:52:17 PM
 #312

Yes sometimes i become panic and make a panic sell. But after few days i saw the price has risen a lot more even more than my target.
So in the end those people can fill up Their bags who can stick to their plans.
So don’t sell panic.
Remember that coin will rise which will fall first.

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April 29, 2021, 05:23:32 PM
 #313

Yes sometimes i become panic and make a panic sell. But after few days i saw the price has risen a lot more even more than my target.
So in the end those people can fill up Their bags who can stick to their plans.
So don’t sell panic.
Remember that coin will rise which will fall first.
Selling because of panic is ridiculous because anyone who is already in the crypto space is not taught to panic when there is a price correction or drop that is only temporary.
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April 29, 2021, 07:53:24 PM
 #314

Yes sometimes i become panic and make a panic sell. But after few days i saw the price has risen a lot more even more than my target.
So in the end those people can fill up Their bags who can stick to their plans.
So don’t sell panic.
Remember that coin will rise which will fall first.
I am also like that, sometimes.
I am too afraid to get a loss so immediately I have sold some of my coins, even though it is a price correction and in the future it will go up.
I am too panicked so I did not think about my original plan..


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