Don't panic

[sherenikaw]

It's true and a lot of people have experienced that, I've had it too. Where I panicked when I saw the market continued to fall, then I sold my assets and got a big loss. Since then I have been more careful in managing assets because it will be very influential. We have to stay alert but don't panic too much, just follow the flow and be more careful in making decisions. That is why caution and experience are very important so that we can learn from the experience. No teacher is smarter than experience itself. So don't despair and stay aware of the crypto market.

[chanler]

Yes panic is a fatal thing and can cause losses. It is undeniable that today's crypto market makes many people including myself have to rack their brains in order to stay afloat. I looked at the market and there is no bright spot there, I hope it happens soon. Yes it will happen but for now it will probably take quite a while. The crypto market like this makes a lot of people panic, but we also have to deal with it calmly. Make a mature decision and have a completely calm mind. Don't let our decisions make us lose. All teach us to be patient and endure this ups and downs of the crypto market.

[Shallow]

Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.

To start with, panic is one of human nature and most times it's hard to overcome, even at times, the most strongest person might be forced to fall into it, although it might not be in the crypto space but in other aspects of life.
However, in the crypto space, I think the best way to overcome panic is by buying only coins with good use case, thus I agree with you. When people buy coins which they believe in, trust in and whose team are always active with developments, then panic will be far from the person, hence the Importance of researching on a coin before buying.
Lastly, I also think that best way to overcome panic or bring it to the lowest minimum is through investing what you can afford in a coin, I believe this will make the person relax and do the right thing.

[CryptoGuy42]

I am not panicking at all. I trust in the investments I made and I am DCA'ing when I can.
I am excited for some upcoming projects, most are in the NFT space like decentralized NFT token Black Eye Galaxy (BYG). I am excited about it working on different blockchains and being able to stake my NFTs for more returns. I know BYG might be a small cap now but as the game grows; so should the market cap.

[Cherylstar86]

beginners will tend to panic more easily because they don't really know what they choose, more likely to follow what other people are doing, if we have friends who are just starting to get to know the crypto world, we have to educate them so they don't panic easily and get confused. in the future they are able to determine what they choose for themselves.

If we have friends whom we suggested to get involved in cryptocurrency trading, then we must make sure that they actually understand what it is and how it works. No matter how much you convince someone that the marker will not die but if they learn about it themselves and then trade, it will be much better and productive than just assuring them without any reasoning.

More the knowledge - lesser the panic and more the confidence, hence we must understand that knowledge of the market, the coins we are buying and the futuristic value is more important than just having patience. Someone who has too much patience may end up holding a shit coin for too long and regret it.

What often makes people lose huge amount of money in crypto is not just because they panic, but because they feel and observe that the profit is always lacking. Some of them who loses huge amount of money are those newbies. When bitcoin goes up even in a small percentage, they buy some coins and keep waiting instead of selling those coins they are holding for such a long time. Selling coins even the price increase in a small percentage will never let you feel down or regret anything you work hard for a long time. If you get some news that it will increase its price and you can get profit on it, then don't hesitate to take advantage or take risk.

[akar87]

beginners will tend to panic more easily because they don't really know what they choose, more likely to follow what other people are doing, if we have friends who are just starting to get to know the crypto world, we have to educate them so they don't panic easily and get confused. in the future they are able to determine what they choose for themselves.

If we have friends whom we suggested to get involved in cryptocurrency trading, then we must make sure that they actually understand what it is and how it works. No matter how much you convince someone that the marker will not die but if they learn about it themselves and then trade, it will be much better and productive than just assuring them without any reasoning.

More the knowledge - lesser the panic and more the confidence, hence we must understand that knowledge of the market, the coins we are buying and the futuristic value is more important than just having patience. Someone who has too much patience may end up holding a shit coin for too long and regret it.

What often makes people lose huge amount of money in crypto is not just because they panic, but because they feel and observe that the profit is always lacking. Some of them who loses huge amount of money are those newbies. When bitcoin goes up even in a small percentage, they buy some coins and keep waiting instead of selling those coins they are holding for such a long time. Selling coins even the price increase in a small percentage will never let you feel down or regret anything you work hard for a long time. If you get some news that it will increase its price and you can get profit on it, then don't hesitate to take advantage or take risk.

How active promote and give advice for every one never be panic always failed when any whales about bitcoin transaction, they will sell and cut loss after seeing bitcoin dump and never give second chance to hold and wait for recovery. I think bad emotion control some trader can't stop how to be not panic selling when bad situation of bitcoin dump, I see just few trader can take control how keep holding and waiting until price back higher.

[OZmaster]

beginners will tend to panic more easily because they don't really know what they choose, more likely to follow what other people are doing, if we have friends who are just starting to get to know the crypto world, we have to educate them so they don't panic easily and get confused. in the future they are able to determine what they choose for themselves.

If we have friends whom we suggested to get involved in cryptocurrency trading, then we must make sure that they actually understand what it is and how it works. No matter how much you convince someone that the marker will not die but if they learn about it themselves and then trade, it will be much better and productive than just assuring them without any reasoning.

More the knowledge - lesser the panic and more the confidence, hence we must understand that knowledge of the market, the coins we are buying and the futuristic value is more important than just having patience. Someone who has too much patience may end up holding a shit coin for too long and regret it.

What often makes people lose huge amount of money in crypto is not just because they panic, but because they feel and observe that the profit is always lacking. Some of them who loses huge amount of money are those newbies. When bitcoin goes up even in a small percentage, they buy some coins and keep waiting instead of selling those coins they are holding for such a long time. Selling coins even the price increase in a small percentage will never let you feel down or regret anything you work hard for a long time. If you get some news that it will increase its price and you can get profit on it, then don't hesitate to take advantage or take risk.

Selling way too early can almost be as painful as selling way too late. It all depends on the individual profile and the risk bearing potential somebody has, but buying Bitcoin and selling it as soon as it made 5% sounds to me more like trading than investing given the volatility Bitcoin has. What Bitcoin has proven again and again is that patience pays off. Profit taking must be part of the game but so is patience.

[apur688]

Yes everyone, you don't need to panic just because all of market getting red, do you still remember few months ago? It happened too, but slowly but sure they getting green, Some factors will make the price getting up again, So good luck, I'm sure everything will be fine

[TheGreatPython]

Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.

More than emotions, I think it has to do with the financial freedom and pressure one suffers during these market crashes. It's not easy to accumulate some funds even when others told you that crypto trading is deceptive and some even called it a scam and you listened to none of them but then see the market collapse.

It's similar to how gamblers will take loans, gamble and if they lose they get desperate about gambling and will lose even more in frustration and rage.

I am not comparing traders and gamblers but the situation is very similar, you just need a calm head on your shoulders and see what's the best move next and follow it.

[CaptainCrapper]

Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never just bought something you know nothing about, that's one of the rules, research is needed, your money is important so don't waste it with wrong decisions if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.

Panic trade is very harmful to any kind of token trade. any traders need to follow fund management trading I think need three parts for open trade second part if the price decrease and the last for all of the preserve serve so anyone can successfully be completed the trade if follow the rules.

[CryptoGuy42]

Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never just bought something you know nothing about, that's one of the rules, research is needed, your money is important so don't waste it with wrong decisions if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.

Panic trade is very harmful to any kind of token trade. any traders need to follow fund management trading I think need three parts for open trade second part if the price decrease and the last for all of the preserve serve so anyone can successfully be completed the trade if follow the rules.

During this "red" I have just been doing research. No point at looking at the charts. The cryptos I have invested in I want to hold long term. I have spent a little money on longer shots, but again have done my research. I am really interested in what people think of Black Eye Galaxy. I am excited to be able to buy and sell planets, stake mining on this planets for returns.

[ven7net]

Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.

You're right! To be successful, every investor must have a clear goal and follow it. To do this, before deciding to buy a particular cryptocurrency, you need to study it and know if it has a potential for growth. Only after that, you can make a decision to buy this crypto asset and, after the purchase, clearly define a goal for yourself, upon reaching which you will sell the cryptocurrency and make a profit. This approach to investments will allow you not to lose your money, but to make a profit.

[blue_nexus15]

When the bitcoin market goes down quickly, suddenly always makes investors panic sell for fear of losses, but the more worried the more they lose, instead of selling we should monitor and wait for the market to rise again.

[Distinctin]

When the bitcoin market goes down quickly, suddenly always makes investors panic sell for fear of losses, but the more worried the more they lose, instead of selling we should monitor and wait for the market to rise again.

That's the investors with weak hands, they tend to react easily to the market movement, they just invest due to hype, get got FOMO during the bull run, so expect that they'll easily panic once they see the dump. It's the main reason why the market is so volatile and why the whales' power to manipulate is very effective is because of fool investors who like to get quick profit without understanding the crypto space.

[akar87]

When the bitcoin market goes down quickly, suddenly always makes investors panic sell for fear of losses, but the more worried the more they lose, instead of selling we should monitor and wait for the market to rise again.

That's the investors with weak hands, they tend to react easily to the market movement, they just invest due to hype, get got FOMO during the bull run, so expect that they'll easily panic once they see the dump. It's the main reason why the market is so volatile and why the whales' power to manipulate is very effective is because of fool investors who like to get quick profit without understanding the crypto space.

Investor just put on hype coin only like now popular with FT gaming coin, they trust and believe with price will pump but the reality only grow up few weeks and now back to lower price, if try to be real investor and hold coin for long time better choose with potential coin or you can but bitcoin only for holding.

[Koro-Sensei]

Probably newbies are the one who's prone to emotional breakdown. They probably aren't that trained and ready to lose their money. Another thing is, these ones are the ones who go to crypto for easy and quick money. Not real investors who hodl for years. We can't blame them but we can educate them.

[Cling18]

They panic because they don't have enough knowledge about crypto so they wouldn't know how to deal with the market and that's actually normal for newbies. To be honest, all of us have committed mistakes in the beginning but it's just how we learn from it that's important. We couldn't be pros in the beginning but we could learn how to handle our emotions as we cope up with the changes in the market.

[Alisha-k]

Panic has made investors loose huge funds in crypto currency. Doing your own research before investing in coin should be a watch for because you can't just buy any coin because it's listed on a popular exchange it's still wiser you dig deep to get meaningful research about each coin before investing your funds because some coins might have done it's highest pip and wouldn't just go higher than it's current price.

[suryana]

Panic has made investors loose huge funds in crypto currency. Doing your own research before investing in coin should be a watch for because you can't just buy any coin because it's listed on a popular exchange it's still wiser you dig deep to get meaningful research about each coin before investing your funds because some coins might have done it's highest pip and wouldn't just go higher than it's current price.

That's right, my experience when I was a beginner also made this mistake. I was in too much of a hurry, didn't research and analyze the coins I would buy. As a result, when the price began to drop continuously drastically without any rise at all, I finally panicked and sold my coins at a low price... for fear of losing all my assets. This is an experience for me not to choose coins based on trends alone.

[haidil]

Yes, and what will definitely come back after going down are good coins that always have potential in the market, because for those who hold meme coins, then just pray that the coin can rise when it falls, so obviously there is no need to panic as long as we hold good coins

that is true but it would be better if you take the time to do research while learning don't just wait for time you should also try to do research so that when you buy a coin at least you know that the best entry to buy is where and where is the best entry to sell it . so you don't wait for something uncertain and you will be monotonous when buying good coins but when a bear market arrives like now what will you do? just waiting for it to come back up? at least you have to think about the time you're wasting here