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Author Topic: Do not panic. Everything will get better  (Read 5392 times)
aylabadia05 (OP)
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June 18, 2022, 07:26:19 PM
 #1

1. Be patient, don't panic.
2. Buy and hold.

The first attitude is very suitable to be applied and very many traders experience tremendous panic when they see the market price drop, especially Bitcoin is now at $18k.

It's becoming increasingly apparent that other coins are very influential on Bitcoin. So, the opportunity to buy to increase the volume of Bitcoin can be done again for long-term investments. The current market situation in my opinion is a very tough test to be applied by those who are impatient.

Do not panic. Everything will get better.

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June 18, 2022, 07:32:30 PM
 #2

There is no need to keep advising people to hold, i have seen this advice so much in the last weeks since bitcoin started plunging, if they do not believe in bitcoin or that this kind of plunge has happened before and that it will return back up, then let them sell to stronger hands that are ready to buy at all times, and just maybe experience will teach them to research next time.

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June 18, 2022, 07:47:37 PM
 #3

1. Be patient, don't panic.
2. Buy and hold.

The first attitude is very suitable to be applied and very many traders experience tremendous panic when they see the market price drop, especially Bitcoin is now at $18k.

It's becoming increasingly apparent that other coins are very influential on Bitcoin. So, the opportunity to buy to increase the volume of Bitcoin can be done again for long-term investments. The current market situation in my opinion is a very tough test to be applied by those who are impatient.

Do not panic. Everything will get better.
I like your calm, but not everything will get better, some things will get worse and others will remain as they are, it's up to the owner of the wallet to know what will be better to sell or keep. I personally only have in my wallet btc and a little bit of eth and I'm happy with that because I know that in the near future they will come back on the axis and go up again.
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June 18, 2022, 08:01:40 PM
 #4

1. Be patient, don't panic.
2. Buy and hold.

The first attitude is very suitable to be applied and very many traders experience tremendous panic when they see the market price drop, especially Bitcoin is now at $18k.

It's becoming increasingly apparent that other coins are very influential on Bitcoin. So, the opportunity to buy to increase the volume of Bitcoin can be done again for long-term investments. The current market situation in my opinion is a very tough test to be applied by those who are impatient.

Do not panic. Everything will get better.
Weak hands are probably struggling these days fighting their own emotions, not to fall for another trap because of being impatient. Otherwise, everything will fall apart and see them in the losing end. So stay calm and don't panic. What we see now won't take forever, the market dump is only temporary. Instead, this is the perfect moment to buy and hold, as it could bring huge amount of profits when bitcoin skyrocket again and reach another new ATH.

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June 18, 2022, 08:08:49 PM
 #5

I've been there before and did really panicked and it's no use. Everyone who's feeling a panic attack should do panic in buying instead of selling and worrying about the market situation.

I know that it's hard to accept and deal with it but this is the market. The volatility that we've got is really disappointing probably for the new ones but this is also the reason why bitcoin went high.

You only need to be patient and don't sell at losses or if you want to cut losses, I think it's too late so just hold or buy.

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June 18, 2022, 08:27:33 PM
 #6

1. Be patient, don't panic.
2. Buy and hold.

The first attitude is very suitable to be applied and very many traders experience tremendous panic when they see the market price drop, especially Bitcoin is now at $18k.

It's becoming increasingly apparent that other coins are very influential on Bitcoin. So, the opportunity to buy to increase the volume of Bitcoin can be done again for long-term investments. The current market situation in my opinion is a very tough test to be applied by those who are impatient.

Do not panic. Everything will get better.
The biggest threat when the price drops is the loss or diminishing of the estimated value you have for your bitcoins and other Crypto assets. This is a factor that makes traders panic because not all traders and investors will be able to survive without worrying at times like this.

Weak hands will sell and secure their capital, strong hands will buy to make a profit in the long term. Situations like this will continue to be repeated because the weak will get weaker and the strong will get stronger. So make a choice in which group we will be at a time like this and of course the finances and the strength of the funds we have will determine everything.

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June 18, 2022, 08:30:50 PM
 #7

Worrying about the current market drop doesn't change a thing. This isn't the first time that the market has been this bad and old investors understands what's at stake and what they stand to gain should the market pump at any time. So let the impatient ones go on selling for there will always be buyers ready to buy and hold cause they know what's ahead only just a matter of time.

Just recently I have come across a proliferation of advise related threads on the current market  and I wonder why, cause every well calculating investor will know this is the right time to hold patiently "there will surely be light at the end of the tunnel".
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June 18, 2022, 08:38:14 PM
 #8

I use to say: don't worry about the things you cannot control. Worry about the mistakes you can do and try to prevent them.
If you touch a live wire and get electrocuted it's on you. If you walk outside and get hit by a lightning, it's not your fault. Worrying about such things will only make you nervous, fearful, unable to enjoy life.

My choice was to buy and hold bitcoin and if there's a nuclear war or a global ban, It's not something any of us can be ready for. I can with all honesty say that I did my best to secure my financial freedom.
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June 18, 2022, 08:59:12 PM
 #9

1. Be patient, don't panic.
2. Buy and hold.
Being patient with the market can help you decide on when to buy and sell, panicking is really not good at all and this should be practice by everyone especially now that we might see another bottom.

Buy and hold good coins not just any shitcoins because they might not be able to survive on this bear market. Buying is not easy, it is still need some analysis so you can be on a good place same thing with holding, it is still good to know when to sell and have a target price for this.

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June 18, 2022, 09:45:30 PM
 #10

I'm not panicking, actually I'm quite happy a big clean-up is coming.

There are more than a thousand altcoins, let's get real 99% are sh*tcoins.
Celsius failed because it promised abnormal returns on your investment.
Some exchanges allow trading with too much leverage.

Some will die, but I'm confident the market will be much healthier when it recovers.

I used to be a citizen and a taxpayer. Those days are long gone.
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June 18, 2022, 09:54:24 PM
 #11

1. Be patient, don't panic.
2. Buy and hold.
Being patient with the market can help you decide on when to buy and sell, panicking is really not good at all and this should be practice by everyone especially now that we might see another bottom.

Better couple this with Technical analysis so that the entry and exit points will be more precise.  I agree that patience during crashes often saves us losses because Bitcoin had proven itself so many times that it can recover from all price crashes.

Buy and hold good coins not just any shitcoins because they might not be able to survive on this bear market. Buying is not easy, it is still need some analysis so you can be on a good place same thing with holding, it is still good to know when to sell and have a target price for this.

Shitcoins should be thrown away, they only occupy time and space in our portfolio lists.

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June 18, 2022, 10:00:40 PM
 #12

The market is in a bad condition currently.I will definitely hold onto all my investment for the main time.Selling any altcoins will be a great loss at the moment the best option is to continue holding till we see the cryptocurrency market recovers.Patience is the best thing to exercise at the moment.

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June 18, 2022, 10:56:24 PM
 #13

I think it's only newbies that will be panic in this kind of market that is falling very fast before your eyes. The current condition of the market will soon fade away and the upward market will take control. The market had been moving in this pattern for long and when it was time for the bull season, everyone was happy. Now that everything is going sour we need to be patient and relax because join comes in the morning.

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June 18, 2022, 11:06:06 PM
 #14

Everyone won't be in such a situation. It is the rule of the market, the patience you have when the market is in decline will profit you in the long term. Here the big holders have the ability whereas the small holders will be in fear as the investment weren't made out of excess money, but it was made from the limiting the life needs. This is why the panic can be seen much among the small holders.

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June 19, 2022, 02:49:02 AM
 #15

Yeah it’s pretty crazy seeing $18K when my lowest price was the 200 WMA which was at like $22,222 which was almost $5000 higher than here. And yet we managed to go lower. The low for the day is $17600 or so.

I remember when Bitcoin went to $42K and everybody here was like “bought the dip, low in for the year” this was when $69K was the top. And it’s crazy having it go more than half that lower. Right now the way it’s trading, doesn’t look like it will be the low.

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June 19, 2022, 04:21:27 AM
 #16

The market is in a bad condition currently.I will definitely hold onto all my investment for the main time.Selling any altcoins will be a great loss at the moment the best option is to continue holding till we see the cryptocurrency market recovers.Patience is the best thing to exercise at the moment.
You're making wrong decision to not sell shitcoins in the current season and continue to hold in hoping the price will recover. I will tell you, shitcoins wouldn't survive for long term and it's high chance your shitcoins will become dead coin e.g. worthless coin without any value. Now, it's better to cut your losses or you will lose anything of your shitcoins? This is why the reason you need to hold Bitcoin, because Bitcoin is the best coin on long term performance.

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June 19, 2022, 04:31:51 AM
 #17

The market is in a bad condition currently.I will definitely hold onto all my investment for the main time.Selling any altcoins will be a great loss at the moment the best option is to continue holding till we see the cryptocurrency market recovers.Patience is the best thing to exercise at the moment.
You're making wrong decision to not sell shitcoins in the current season and continue to hold in hoping the price will recover. I will tell you, shitcoins wouldn't survive for long term and it's high chance your shitcoins will become dead coin e.g. worthless coin without any value. Now, it's better to cut your losses or you will lose anything of your shitcoins? This is why the reason you need to hold Bitcoin, because Bitcoin is the best coin on long term performance.
What you say is true too and basically shitcoins are not to be held long term,
because the risk for loss will be very large and indeed there is no choice but to sell it even though it will still make us lose,
but at least it can make the loss bigger but it all comes back to everyone's decision and if you really want to keep holding good luck

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June 19, 2022, 06:49:17 AM
 #18

Nothing increases in value all the time. Of course there will be drop. In times like these, the only thing to do is forget. Forget about your investment and try not to think about it. Buy bitcoin whenever you can. Looking ahead, you will always have made a profit.
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June 19, 2022, 08:54:52 AM
 #19

Nothing increases in value all the time. Of course there will be drop. In times like these, the only thing to do is forget. Forget about your investment and try not to think about it. Buy bitcoin whenever you can. Looking ahead, you will always have made a profit.
The time is money - well stated. That is how the value of Bitcoin increase with the passage of time.
But things will not get better they will remain the same - people will get used to it. Like I have noticed due to surging inflation -and rise in petrol prices - - there is less rush on the road and there is less noise and traffic pollution.

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June 19, 2022, 09:00:34 AM
 #20

That is the key for now, if we watch the market continuously, we will panic. If we have extra money, then make a purchase, this is already the lowest, but if we are stuck, don't look at the market or charts too often.

Look what Nayib Bukele has to say.

Only the value is dropping but our Bitcoin remains intact and believe me the bullrun market is coming back again.
Get rid of your worries.


https://twitter.com/nayibbukele/status/1538356901297143809

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