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

[maryanti]

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.

[dotcoin.info]

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.

[ololajulo]

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.

[smoolae]

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.

[adzino]

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.

[Coyster]

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.

[Twinkledoe]

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.

[Yatsan]

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.

[saffira]

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.

[Dr.Osh]

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.

[ethereumhunter]

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.

[coin_1122]

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.

[sallybein987]

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.

[Mauser]

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.

[GideonGono]

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.

[sukbir]

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..

[pungopete468]

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.

[1l1l11ll1l]

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

[gabbie2010]

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.

[perla]

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.