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

[senyorito123]

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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[Mpamaegbu]

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.

[uelque]

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.

[virasisog]

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.

[susuberuang]

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,

[codpku]

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

[DeathAngel]

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.

[francois-cooper]

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.

[Question123]

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.

[Fatunad]

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.

[blockman]

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.

[NoG-NoG]

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.

[onecall123]

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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.

[bison]

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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.

[cafee_orange]

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

[Sophiya]

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)

[tarable]

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.

[awakpane]

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

[jjdub7]

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

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.

[Kunnu]

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.