Don’t Panic

[Wind_FURY]

Send all your Bitcoins for HODL in cold storage. You might still panic, but your coins are in cold storage, giving you extra steps to do to move them, and making you stop from doing a stupid decision, like SELLING.

[Janation]

It is funny how people would react at that last line, especially those that would immediately sell their holdings once the price drops.

There are a lot of price drops or dumps that happened in the past but the price still reached where we are right now. The fact that there are still a lot of people still panicking when this happens means that there are still a lot of people not used to the movement of Bitcoin or the market. Maybe they are the new ones that just invested or rode the wave.

[CODE200]

The problem I am seeing at this moment why there are many people who are anticipating a downfall in the price of Bitcoin and other cryptos might be because of their assumptions that after reaching its ATH, the price will fall down eventually as  that's what happened before when the ATH of $20k, was reached. A price correction suddenly happened. Many people are hesitant on investing at this point wherein prices are still high and there will be a bigger chance to sell. This includes panic selling, we just tend follow what happened before.

[CapGelatik]

when the market is bullish, it seems like a lot of whales are playing with support,
because many futures traders now, my advice is not to panic, join spot traders and hold for mid and long term,
because the altcoin season is getting closer, don't regret it if you don't follow the altcoin season 2021. remember !, Doge already started it!

[zeingrind777]

when the market is bullish, it seems like a lot of whales are playing with support,
because many futures traders now, my advice is not to panic, join spot traders and hold for mid and long term,
because the altcoin season is getting closer, don't regret it if you don't follow the altcoin season 2021. remember !, Doge already started it!

Altcoins season will be coming. The last few days doge has pumped his price hard. Even new projects like TWT and UNI have been pumping hard. It looks like a lot of altcoins will break ATH this year. it's time for us to choose cheap altcoins to deposit into our portfolio. However, don't choose altcoins carelessly, because not all altcoins are worth holding.

[bitterguy28]

It is funny how people would react at that last line, especially those that would immediately sell their holdings once the price drops.

Panicking is part of market , if there are no like them then no one will profit in future  because their action benefits the strong hand holder  and also circulation depends on them as they are the one who sells constantly .

There are a lot of price drops or dumps that happened in the past but the price still reached where we are right now. The fact that there are still a lot of people still panicking when this happens means that there are still a lot of people not used to the movement of Bitcoin or the market. Maybe they are the new ones that just invested or rode the wave.

As i understand is that 30,000$ seems to be the maintaining Price of Bitcoin and that is the basis of our holdings.

[Shasha80]

Maybe I'm a little late if I say don't panic with the bearish market now, because some people have already sold their Bitcoin. But for people who
are still holding Bitcoin until now, you guys are doing the right thing. Because Bitcoin will rise again soon, so just be patient for now. We can see
the Bitcoin price is still stable at the price of $ 33k- $ 34k, hopefully February Bitcoin price can be back at $ 40k.

[Slow death]

Most of the time it seems that people forget that this is a market where people naturally entered to make a profit, why the hell would anyone enter that market if they have no intention of selling? and the person will do hodl until when? each person has her plan, each person has a price target that she decided to sell.

imagine a person who bought at $8000 and today the price is at $33000 and that person decided to sell, that Is panic sale? I think it's not a panic sale!

The person already has a profit and must enjoy that profit, something fair!

[GelatikKembar]

I’ve seen this twice before...  If you’re really thinking of selling, wait for a couple of days when it’s bouncing back.  It could bounce back to 36k - 38k and give you a chance to sell at a better price.  If it doesn’t...  We’re f*cked anyway.  Lawl.

Panic selling is common in the market, because it is better to sell it than to be stuck at high prices, traders usually buy back,
this is my conclusion because from the strategy I did like that, if the support drops and the bearish sentiment is stronger then selling is an option , and buy back when the price is low your coins will increase from this strategy, think about the risks before trading, then you will be safe.

[Wind_FURY]

I’ve seen this twice before...  If you’re really thinking of selling, wait for a couple of days when it’s bouncing back.  It could bounce back to 36k - 38k and give you a chance to sell at a better price.  If it doesn’t...  We’re f*cked anyway.  Lawl.

Panic selling is common in the market, because it is better to sell it than to be stuck at high prices, traders usually buy back,
this is my conclusion because from the strategy I did like that, if the support drops and the bearish sentiment is stronger then selling is an option , and buy back when the price is low your coins will increase from this strategy, think about the risks before trading, then you will be safe.

Panic selling is an emotional, spontaneous reaction after an asset’s price surges down. It surges down because of other panic sellers, and cause their own failure to HODL. My anti-panic selling tip, send all your Bitcoins to cold storage. It will take more steps, giving you more time to think, than simply pushing “sell”.

[Kittygalore]

Send all your Bitcoins for HODL in cold storage. You might still panic, but your coins are in cold storage, giving you extra steps to do to move them, and making you stop from doing a stupid decision, like SELLING.

I like the idea of putting bitcoin on a cold storage but I believe that we need to add something more hurdles to make your panic not cause you to panic sell even further, you need to step up the game, one that I can think of is after putting it in cold wallet, you will give it to your relative or someone dear to you like a significant other and let them decide as to where they should hide the wallet without your knowledge as to where to find them, the panic will make you jumpy with this one though as you will be tempted at checking the prices slowly going down but fret not for you can solve this problem by not simply looking or checking the prices at a minutes interval the prices, a little self-discipline wouldn't hurt anybody and I hope that everyone has it even by a little.

[romero121]

The past market scenario is completely different from the present. In the past if there is crash in the price, automatically it leads to a panic wave and more selling takes place. Nowadays people have got better understanding about the market, and the same has made people not to panic whenever there is hard fluctuation. The price keeps bouncing back crossing the marketcap above one trillion. This means there is no big panic among cryptocurrency users around.

[marcbitcoins]

If the markets move lower, or even seem like they are crashing, don’t listen to the media or the so called experts because they have no idea about anything concerning markets or the economy. Remember business magnets like Bill Gates, Steve Jobs, Warren Buffett, and Elon Musk, who have made billion dollar fortunes by investing and holding on to their stock in any market environment no matter how volatile they are.

[Wind_FURY]

Send all your Bitcoins for HODL in cold storage. You might still panic, but your coins are in cold storage, giving you extra steps to do to move them, and making you stop from doing a stupid decision, like SELLING.

I like the idea of putting bitcoin on a cold storage but I believe that we need to add something more hurdles to make your panic not cause you to panic sell even further, you need to step up the game, one that I can think of is after putting it in cold wallet, you will give it to your relative or someone dear to you like a significant other and let them decide as to where they should hide the wallet without your knowledge as to where to find them, the panic will make you jumpy with this one though as you will be tempted at checking the prices slowly going down but fret not for you can solve this problem by not simply looking or checking the prices at a minutes interval the prices, a little self-discipline wouldn't hurt anybody and I hope that everyone has it even by a little.

Haha. That might be your quick path to NEVER seeing your Bitcoins anymore. I would never entrust my keys with ANYBODY.

I believe in the simplicity of how to do things. Put your paper wallet in a sealed envelope, marked with the words, “DON’T PANIC”.

[gabbie2010]

Lesson learnt in hodling my bitcoin is deep rooted in my mind my experience in cryptos is nothing but HODL except if there is any need to exchange some of my BTC to fiat to pay for some service or buy some stuffs which I feel there is no any alternative, I never panic any longer, if age long bitcoin hodlers didn't panic, then I don't see any reason to panic sell my coins, positive fundamentals news about bitcoin is growing on daily basis and these are like catalyst that will tend to continue to pump the price to a higher price in the future.

[globalpain]

Lesson learnt in hodling my bitcoin is deep rooted in my mind my experience in cryptos is nothing but HODL except if there is any need to exchange some of my BTC to fiat to pay for some service or buy some stuffs which I feel there is no any alternative, I never panic any longer, if age long bitcoin hodlers didn't panic, then I don't see any reason to panic sell my coins, positive fundamentals news about bitcoin is growing on daily basis and these are like catalyst that will tend to continue to pump the price to a higher price in the future.

For holders, they will not panic seeing the price of bitcoin dump, because they feel that bitcoin fundamentals are perfect to change the world, so do I feel, and when a dump is better then buy, don't sell, but if you are a trader and want investing then buy back is also a good strategy to implement the most important thing is don't panic.

[Dhoe]

Lesson learnt in hodling my bitcoin is deep rooted in my mind my experience in cryptos is nothing but HODL except if there is any need to exchange some of my BTC to fiat to pay for some service or buy some stuffs which I feel there is no any alternative, I never panic any longer, if age long bitcoin hodlers didn't panic, then I don't see any reason to panic sell my coins, positive fundamentals news about bitcoin is growing on daily basis and these are like catalyst that will tend to continue to pump the price to a higher price in the future.

For holders, they will not panic seeing the price of bitcoin dump, because they feel that bitcoin fundamentals are perfect to change the world, so do I feel, and when a dump is better then buy, don't sell, but if you are a trader and want investing then buy back is also a good strategy to implement the most important thing is don't panic.

I think not panic if bitcoin keep stable on higher price, how come when altcoin down then bitcoin keep going down too, you need waiting more than several months later to see altcoin back to higher price and depend with how long you can be patient, I think need more panic when getting coin dump but you need how to know for holding is better than selling your coin. Always have to know when have to sell coin or buying coin.

[carlfebz2]

I’ve seen this twice before...  If you’re really thinking of selling, wait for a couple of days when it’s bouncing back.  It could bounce back to 36k - 38k and give you a chance to sell at a better price.  If it doesn’t...  We’re f*cked anyway.  Lawl.

Panic selling is common in the market, because it is better to sell it than to be stuck at high prices, traders usually buy back,
this is my conclusion because from the strategy I did like that, if the support drops and the bearish sentiment is stronger then selling is an option , and buy back when the price is low your coins will increase from this strategy, think about the risks before trading, then you will be safe.

Panic selling is an emotional, spontaneous reaction after an asset’s price surges down. It surges down because of other panic sellers, and cause their own failure to HODL. My anti-panic selling tip, send all your Bitcoins to cold storage. It will take more steps, giving you more time to think, than simply pushing “sell”.

Im with this and i actually realize this wayback when im still a newbie.I do have that target on accumulating bitcoin as much as i can but since i do check out things or the market on active manner
then this one will really provoke me out on selling out my posessions in a very early manner just because i do saw that the price is shrinking.

One of the most common mistakes is that actively seeing the price will really affect your brain and might really be changing up your decisions basing off on your current emotion.

Dont panic? This is a common suggestion or advise but this one isnt something that can really be avoided easily no matter how disciplined you are but still that kind of pushing you
to do so would be still present to everyone.Its a matter on how well you do control yourself.

[JohnBitCo]

Send all your Bitcoins for HODL in cold storage. You might still panic, but your coins are in cold storage, giving you extra steps to do to move them, and making you stop from doing a stupid decision, like SELLING.

Yes, this is an very effective way of not being tempted to sell your coins. I do not keep my coins in the exchanges and whenever i feel to sell my coins when the price dump, i think that if i transfer my coins to the exchange i have to bear the fees and this make me postponed my decision of panic selling. If you have coins on exchange, it is very difficult for you to refrain yourself from selling.

[KTChampions]

For holders, they will not panic seeing the price of bitcoin dump, because they feel that bitcoin fundamentals are perfect to change the world, so do I feel, and when a dump is better then buy, don't sell, but if you are a trader and want investing then buy back is also a good strategy to implement the most important thing is don't panic.

Here it is necessary to distinguish between holders by their entry level. If a person entered bitcoin at a price of up to $ 1000, then he is really not interested in the current volatility, since if he still has not left bitcoin, then he looks into the long term. Another thing is the holder who entered, for example, at the level of 35 thousand. For such a holder, the current prices are very important, even simply in terms of psychology. I think it's always nice to be aware of potential profits (if the price is higher than the entry point) than to grieve over potential losses)