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Author Topic: Are you in panic whenever there is a big drop in price?  (Read 4501 times)
Ureung jameun
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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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