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Author Topic: Don't punic, just hodl  (Read 8671 times)
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September 22, 2022, 03:39:26 PM
 #501

how not to panic if the price of bitcoin always experiences a dump?
to be honest I bought bitcoins at $50k and seeing bitcoins now at $19k is a pain. So do you think I should hold and not panic?
Bitcoin has just experienced a decline that has not been spelled out deep, this is different for altcoin holders, are they panicking?
very clear, because if you look at the market the average altcoin price has fallen by more than -90%
Panic is natural because we are all human but all we need is to control and have a positive mindset to prevent regret in the future. Yes 19k is a pain if you use your funds or main money to invest but if you use your existing money or let's say extra money then all I can say is that don't need to worry because as we all know that bitcoin is the king of all crypto currencies which trusted enough to be invested so just relax and focus on investing.
Panic works in us because we don't have extra money that will stay beyond our needs. So after investing when we notice that the price of that token is starting to decrease at an additional rate.  Then a fear of losing that money works in us. which makes us panic. And then we sell those tokens at a loss in the interest of saving the remaining money even if there is some loss

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September 22, 2022, 04:21:27 PM
 #502

The mistake that most of us new traders make is that if the market goes down for some reason then we panic and sell the tokens that we bought at a higher price. If it is down, we will not panic and hold the tokens we have bought for the future and when we remember. If we are in a good profit then we should all sell our bought tokens One more thing we all should keep in mind that the market will go up and down there is nothing to be afraid of it will go up and we will have to exit with profit.
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September 22, 2022, 05:54:57 PM
 #503

the correction of btc market is so awfull thats why all people can be panic beacause of the movement of market will be fall and fall and falling they keep falling thats why so many investors its panic

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September 23, 2022, 02:39:41 PM
 #504

The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.

Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.

In my opinion, only stupid people panic when they see market conditions are in a downturn, even though this condition has happened repeatedly every year and every time. so to deal with bad market conditions, we should not panic and stay relaxed because believe me the best altcoins we hold will be able to survive and return to the moon when market conditions improve.

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September 23, 2022, 04:18:16 PM
 #505

Quote
The entire crypto market is falling again today, but is this the first time?
This is not the first time and it will not be the last time for crypto market to fall. I guess, crypto market fall sometime for people to buy and hold for future purpose, which is the reason why some professional traders very happy because they  know how important bear market is to traders who  is looking for the right period to buy and hold till the price pump higher before they can supply.
Quote
Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now?
Yes it did, but it did not take a long months in 2021 before bull season appear in the community, which is the reason why some newbies are packing with this long bear season in the community whether if the price will increase higher before the end of this year 2022 or not, because they have many things to buy to sustain their family.


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September 23, 2022, 05:19:17 PM
 #506

The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.

Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.

In my opinion, only stupid people panic when they see market conditions are in a downturn, even though this condition has happened repeatedly every year and every time. so to deal with bad market conditions, we should not panic and stay relaxed because believe me the best altcoins we hold will be able to survive and return to the moon when market conditions improve.

You should keep that positive mindset even you see that your investment already suffering, knowing that it's not the first time that the market falls like this and eventually it will bounce back and bring you decent money. It's how you accept and adjust in every circumstance that happening around, I mean, if you invest after you do your good research you already acknowledge both benefits and risk, you are in the side of taking it and believing that it will give you good benefits.

Though not all have this kind of mentalities and for those who keep on losing due to panics and fears without adopting, they will just continue committing the same mistakes over and over and receive the same outcome from their investment..

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September 24, 2022, 07:28:11 AM
 #507

When the market is red as it is today it will be a difficult choice, if we hold it we are worried that it will continue to drop, or vice versa if we sell it tomorrow or the day after tomorrow it will rise again and make us regret it.
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September 24, 2022, 07:40:33 PM
 #508

You MUST panic strategically, if i didn't panic and decided to trade this bear market i wouldn't have accumulated more bitcoins for the long term. or maybe if you got all the time in the world to wait for your investments to pay off you could do that but i still wouldn't recommend it. be smart and safe!
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September 28, 2022, 06:31:21 PM
 #509

As investors we must be able to do consideration and analysis, including understanding with risks, it is wrong when looking at the price of drops and then selling panic and loss, of course this is a mistake that is usually experienced by anyone, especially those who are still newbie.
indeed anyone does not exist and does not want to lose money, by seeing the coin he holds drops drastically and does not match previous predictions. most of the time they sell because they don't want to lose a lot, but instead anticipate wrongly and are impatient in accepting the situation. whether it's a beginner or an experienced one, panic can occur which is actually the wrong anticipation and this is a natural thing. because every investment will always be full of risk but all returned to the individual to be able to anticipate correctly.

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September 28, 2022, 10:48:21 PM
 #510

As investors we must be able to do consideration and analysis, including understanding with risks, it is wrong when looking at the price of drops and then selling panic and loss, of course this is a mistake that is usually experienced by anyone, especially those who are still newbie.
indeed anyone does not exist and does not want to lose money, by seeing the coin he holds drops drastically and does not match previous predictions. most of the time they sell because they don't want to lose a lot, but instead anticipate wrongly and are impatient in accepting the situation. whether it's a beginner or an experienced one, panic can occur which is actually the wrong anticipation and this is a natural thing. because every investment will always be full of risk but all returned to the individual to be able to anticipate correctly.

Yes .. sometimes the main factor that causes all of this to happen is due to an extraordinary sense of panic and need. because the purpose of trading is none other than to seek pleasure.Of course, when we see that the coins we buy continue to decline, the best way is to sell them rather than losing more and more
The panic factor comes too much because it might be true what you say, because the need is very large and indeed the available funds have all been placed on coins that have fallen drastically. looking for the best way that can be done to be able to save the remaining funds so that they do not disappear, everything is also an obligation.

for some things if there is a drastic decline and it is experienced by the coin that we hold is not the best rank and is very vulnerable there will be losses, of course I also agree that selling it immediately, so that there is no very big loss even what is feared maybe the coin might not worth again.

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September 28, 2022, 10:55:01 PM
 #511

You MUST panic strategically, if i didn't panic and decided to trade this bear market i wouldn't have accumulated more bitcoins for the long term. or maybe if you got all the time in the world to wait for your investments to pay off you could do that but i still wouldn't recommend it. be smart and safe!
It's no problem to wait for your investments to go up so that you're paid off. But one problem is when you think of long term and you do nothing. We're in a bear market and you've hit it correctly about accumulation of more bitcoins.
It's cheap if we'll be coming from the price of its ATH last year. The idea of getting more has never failed to those that have listened. Like those who have listened to the people that have told them to accumulate when it's $3k and hold until the ATH goes again, then everyone has made money from it. But, only those that have listened and endured and held.

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September 29, 2022, 11:10:13 AM
 #512

I'm used to dealing with situations like this, when I don't really need cash then I will hold it in the long term, cryptocurrencies can always rise, if we panic then we lose, it's better to follow my way of selling by adding 15% profit, then leave filled on spot exchanges.
Patience is very important to be a true holder. Because the situation of the cryptomarket changes colors every minute. But if an investor wants to change his color with the market, then the investment will be disastrous. Remember that no matter what the situation is, you have to stand your own way.

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newdevices
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September 29, 2022, 05:38:33 PM
 #513

When the market is red as it is today it will be a difficult choice, if we hold it we are worried that it will continue to drop, or vice versa if we sell it tomorrow or the day after tomorrow it will rise again and make us regret it.
I think it's only for traders who really can't read analysis, that's why it's important that we have the right trading base,
having the skill to read charts is something that a trader must have,
because if the market is in a dump or red of course we will know what to do, different if we don't have that skill.

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September 29, 2022, 11:18:47 PM
 #514

As the market is speculative by its development, we can see uncertain market movements often. The easiest way to overcome the uncertainty is through holding. Everyone doesn't have the patience to experience the best out of the investment.

With stocks people believe, but with cryptocurrency when the market moves down there arises a panic whether it'll recover or not. When the investment is over the trusted list of altcoins, nothing to get panic.

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September 30, 2022, 01:56:32 AM
 #515

As the market is speculative by its development, we can see uncertain market movements often. The easiest way to overcome the uncertainty is through holding. Everyone doesn't have the patience to experience the best out of the investment.

With stocks people believe, but with cryptocurrency when the market moves down there arises a panic whether it'll recover or not. When the investment is over the trusted list of altcoins, nothing to get panic.
well, holding is definitely one solution in this problem. only, it needs to meet certain criteria. like, we're holding the right coin. if we don't hold the right coin, then holding can backfire on us. maybe, for popular coins like bitcoin, ethereum, bnb, sol, and other popular coins, holding can be a solution in crypto problems. however, for new altcoins, or less well-known coins, we need to rethink, and hold back because they are based on good information. some things from my experience hold altcoins like that, most of them all lose their price.

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September 30, 2022, 03:21:59 AM
 #516

When the market is red as it is today it will be a difficult choice, if we hold it we are worried that it will continue to drop, or vice versa if we sell it tomorrow or the day after tomorrow it will rise again and make us regret it.

It's because you're holding shitcoins, if you're holding bitcoin or eth for that there's nothing to worry about. No one knows if the market will continue to fall or go up but if you have btc and eth you just hold tight and wait. Bear market can't last forever so bulls will come soon and for btc and eth no matter how much they fall they will rise again when the bull season comes and even hits New ATH.

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September 30, 2022, 03:24:11 AM
 #517

Despite the recent downward trend, I am very optimistic about the future of crypto. There will be waves of people in and out of the market, but there is no doubt that cryptocurrencies will remain. I believe the most important thing you can do is invest in projects that solve problems and have a passionate team behind them. I think yes. stay calm and always keep the estimated investment if you have already bought at a high price whatever we hold now.

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September 30, 2022, 04:33:41 AM
 #518

Despite the recent downward trend, I am very optimistic about the future of crypto. There will be waves of people in and out of the market, but there is no doubt that cryptocurrencies will remain. I believe the most important thing you can do is invest in projects that solve problems and have a passionate team behind them. I think yes. stay calm and always keep the estimated investment if you have already bought at a high price whatever we hold now.

We have a case where inflows were positive and Bitcoin rallied, and vice versa.
Dumps are gifts, pumps are epic and we need to get their corn off exchanges and into self-custody.
Take a few more BTC at a discount in the next round. That's the game.

Btw, Centralized market performance for all traditional assets tells the world that they are highly risky and even more volatile than Bitcoin
The British pound is down like a shitcoin

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October 05, 2022, 12:35:28 PM
 #519

The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.

Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.

Everyone fear that the market is red and dump daily. But it is a great chance for us to hold our investment and wait for the bull market. It is so profitable for us to hold cryptocurrency at bear Market.

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October 05, 2022, 01:25:19 PM
 #520

Indeed, crypto prices experienced a very severe correction because the soaring inflation rate had made the crypto market experience a big impact. However, in a falling crypto market situation, it should not make us panic because if we panic, we will experience losses. Moreover, the collapse of the crypto market has often occurred, especially when bitcoin reaches new ATH levels. It's better to HOLD your assets in the long term because the bull market will definitely happen again even though we don't know when it will definitely come.

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