Are you in panic whenever there is a big drop in price?

[coin-investor]

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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[cryptoknightt]

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.

[yazher]

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.

[LogitechMouse]

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.

[reza7777]

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

[bitcon]

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.

[KimmyF]

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.

[Leonnuvh]

Rise and fall in the currency circle is normal, and prices will generally rise after falling.

[mirgo1791]

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.

[Scripton]

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.

[Golftech]

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.

[ice098]

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.

[criket]

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.

[carrie_white]

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

[nrvasquez]

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

[Inkdatar]

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.

[kesmex]

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

[forexandcryptoauditor]

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.

[santiPOGI]

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.

[avarnet]

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