Do not panic. Everything will get better

[Questat]

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

Actually no investor will invested to hear that the market is going dip, on a general view there maybe panic at first place but what gives the confidence in going on is in knowing on what was the investment made, that's why it is very necessary to understand how to invest and on what to invest, so many people fall a victim and end up a looser just because of a wrong investment, another considering factor is on when to invest, hold and sell, if one invested on bitcoin which is apparently the best option for am investment then it must be well understood on when and how to sell or hold in other to make profit and not loss.

Panis, worries are very natural but because we believe and trust our invested coins, we tend to control them and let our emotions heal eventually. But for those who are doubtful at first, I'm very certain that they will immediately sell their coins. This is the difference between real investors and those who have just come for easy money. Perhaps, this crypto investment is ideal only for those who commit to waiting and are willing to lose, not meant for the people who are weak hands.

[Mario Yamasaki]

When we make a decision because we panic, we will regret it, the market is used to fluctuating, the wrong thing if we sell because it panic and drops, if we think smart then buy better than selling. Maybe we should be patient but I'm sure that the market immediately does not take long.

[globalpain]

When we make a decision because we panic, we will regret it, the market is used to fluctuating, the wrong thing if we sell because it panic and drops, if we think smart then buy better than selling. Maybe we should be patient but I'm sure that the market immediately does not take long.

After all it was pointless at all and making decisions when panicking was a bad thing,
panic will only make us lose money easily and we have to control our emotions,
rather than selling it is better to hold on and be patient waiting for the right moment to sell

[amt2299]

When the economy stabilizes, everything will be fine, and that includes Bitcoin. It's just that it can take years, and until then, do the asset allocation and don't put all your money in one place.

The current price of Bitcoin is $21,000+, hopefully it will get better!

Live price: https://xtrading.com/market-data/cryptocurrency/

[Crypto_Dotar]

There is no reason to worry about the current bitcoin market dump. Because it won't take long for Bitcoin to pump the market. The market will be fine very soon.

[Cryptock]

When we make a decision because we panic, we will regret it, the market is used to fluctuating, the wrong thing if we sell because it panic and drops, if we think smart then buy better than selling. Maybe we should be patient but I'm sure that the market immediately does not take long.

It will really depends on the scenario, if you really need to have a fiat well it is acceptable, some people blame other people for selling their assets too early, it is really depends on the purpose. I am not selling my asset now, since I am not yet needed some fiat I have some extra to used with. If anyone has extra money? then I might say this is the perfect time for it.

That is correct - today I went for purchasing some stuff and I took out money which I used to pay - but when the shopkeeper asked my double the amount I wiped my
sweat first and went to the bank and pulled out money and paid him .. I am not sure how will the things work but we are actually in a. panic state.

[Sanitough]

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.

Bitcoin price has increased into $20k but that does not mean that we won’t see future price drops in the next few days. The market is still in a bear season so expect that there will be more price drops ahead, and I don’t think the market will recover easily after here. So don’t get panic and sell. Instead, this is a great time to buy and hold for great profits in the future.

[Google+]

Bitcoin price has increased into $20k but that does not mean that we won’t see future price drops in the next few days. The market is still in a bear season so expect that there will be more price drops ahead, and I don’t think the market will recover easily after here. So don’t get panic and sell. Instead, this is a great time to buy and hold for great profits in the future.

Good move. there is no worry for us because we have seen the history of last season . So who's panicking in times like these? they are the ones who follow the fomo and don't stick to their stand. I don't even wonder if bear season is coming again and this is the moment for us to buy cheap.
well I'm guessing the market will take some time to recover because we are very strong against weak hands. but isn't it hope that everyone wants to buy at the bottom and why fear still plagues their minds what are they waiting for. this week the btc price movement is still sideways and it looks like it will be very fast to reach the rising support point.

[blockman]

I am a long term holder and I know that this is the best strategy for me. But there will be some that will feel that won't agree with what you've said.
They're good at being active in the market and will just buy when there's some good positive action that they see and then have to sell for profits again.
And after doing that, they'll be passive again waiting for that same action and moment so they can have a good entry position.

[Oceat]

There is no reason to worry about the current bitcoin market dump. Because it won't take long for Bitcoin to pump the market. The market will be fine very soon.

That would take forever if someone didn't know what was going on in the market but for those who know, they know. Bitcoin is for long term investment so it's just appropriate to just hold them for too long and don't mind if the market is down. This won't last long though but someone should understand that it's how the market works and I think panic is normal for someone who doesn't know what will going to happen in the market especially if they are investing big money.

[Sir Legend]

Cryptocurrencies will be easy to recover for many reasons, the main factor is a strong community, especially bitcoin which is already popular with the number of users reaching hundreds of millions so that when the price drops, we don't panic, be patient and wait for a good moment to sell and of course we can profit.

[minime0105]

Cryptocurrencies will be easy to recover for many reasons, the main factor is a strong community, especially bitcoin which is already popular with the number of users reaching hundreds of millions so that when the price drops, we don't panic, be patient and wait for a good moment to sell and of course we can profit.

many people don't be patient to wait when the market will correct so all of them most successful especially the investors who don't know right well of cryptocurrencies does not keep the mandate of exercising patience until when Bitcoin will increased before selling, so many of them panic and they sell their cryptocurrency, so that is why some of them do not make gain. When cryptocurrency is going wrong in price what we have to do is to reserve it and wait until the price rise before selling

[barbara44]

This market moves and not everyone is happy with the profits that have been made. Instead, a sad mood covers the minds of new entrants who are suffering losses. I also went through a period where I saw losses every day and it didn't leave my mind; when it was all over, I knew the solution was to simply do your job well and then consider investing in something with the expectation of a return. A formula that I find quite simple, but if we haven't experienced it, it will be difficult for us to see how it is right.

Isn't it normal that people would be sad that they see their coins going down in value and while the whole world economy is doing badly, they wanted or at least expected bitcoin to do something different so that it would make sense to invest here? I agree that you could be losing a lot of money here and there, and we should be fine with that because as long as we do not sell, we will get it back.

But, there are plenty of people saying "I bought at 40k, wish I bought at 20k" and yes they will make their money back when it is 40k+ again, which will happen, but it would have been better if they bought at 20k, and people deserve to be upset about it, I would be if I bought there, in fact I did, I just bought at everywhere on all prices so I am not too upset.

[ven7net]

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.

You know, I also believe that all the time can't be bad. Sooner or later, the situation will change and change for the better. In general, the situation in the crypto market can be described as white and black stripes that replace each other. As a result, it turns out that if everything is bad now, then this is a black stripe and after it there will definitely be a white stripe, which means everything will be fine. But for this, you also need to believe in the best and make every effort to achieve your goals and success. As for the crypto market and prices for cryptocurrencies, this is not the first time that prices have been falling, which means that at some point they will go up again. And this time is better to use to increase your crypto assets.

[Webetcoins]

I never cared about my expenses earlier but a person like me is now so concerned about oil and other expenses that I started walking more towards stores. and I take the car out once in a week and do all my stuff at the same time. We are not panic but we have aligned our routine accordingly.

I have an office job. Before that, I used to threaten my boss with quitting during the easy money market period, but now things are not as easy as before, so I switched to the job. daily with old friends, to stay away from bleak developments in the market. But in general, I see more people are worried when they spend a lot of capital to buy crypto and it goes down. They are worried and don't know how to deal with it.

I would say that many of us in the crypto have the same type of story or background. Most of us had a regular job, worked in many different jobs, and eventually we came to crypto and realized that this is the place we want to be. If you have been here long enough to turn this into your full-time income, then you would know that it's not going to be that much of a big deal in the long run and it would be something that is great.

I know for sure that my story is similar to yours, I quit my job eventually after hating my job and my boss, and now I am in crypto and I love my job and I adore my boss. The drop in price? I do not care; Because I know for a fact that panic will not help me, and fiat is no better, so better to stay here.

[Pesona1]

Cryptocurrencies will be easy to recover for many reasons, the main factor is a strong community, especially bitcoin which is already popular with the number of users reaching hundreds of millions so that when the price drops, we don't panic, be patient and wait for a good moment to sell and of course we can profit.

What is happening now is normal and there is nothing for us to panic about, from experience, usually the decline that occurs is not permanent and bitcoin just needs a little push in the market so the price can go back up, for those who invest using cold money like me, of course, I am probably won't think too much about what is happening in the market today because I have chosen to invest long-term from the start.

[kawetsriyanto]

I don't even wonder if bear season is coming again and this is the moment for us to buy cheap.

Yep. This bearish season is the right time to buy coins as many as possible. If there is more dump, it means we have an opportunity to buy cheaper. It should be an advantage for us, it is a rare time to fill our wallets with many coins at cheap prices. However, we don't too hurry to spend our funds. we are still in Q2 of the first year bearish season. I guess there is still a lot of time to buy, there is a big chance for more dumps.

well I'm guessing the market will take some time to recover because we are very strong against weak hands.

Agree. We already experienced some bearish seasons previously, they never lasted a short time. Probably to happen around 2 years.
CMIIW

[stomachgrowls]

Cryptocurrencies will be easy to recover for many reasons, the main factor is a strong community, especially bitcoin which is already popular with the number of users reaching hundreds of millions so that when the price drops, we don't panic, be patient and wait for a good moment to sell and of course we can profit.

What is happening now is normal and there is nothing for us to panic about, from experience, usually the decline that occurs is not permanent and bitcoin just needs a little push in the market so the price can go back up, for those who invest using cold money like me, of course, I am probably won't think too much about what is happening in the market today because I have chosen to invest long-term from the start.

Depends on your view and perception towards market whether going for short term or long term and if you do invest your money in all in manner then you would usually freak out with these market condition on which you do see your portfolio is going down then these are common reactions. We know that this market couldnt really be having that one direction on moving up which some
people been thinking to be this way but once reality do slap into their face then this is where realization and learning do happen.

Invest on what you can afford to lose always and you wont really be making yourself that too much affected whenever the market do make out some bearish movement
since you do know that you are going for long term which means volatileness wont really be an issue.

[Jody.Drummer]

Good move. there is no worry for us because we have seen the history of last season . So who's panicking in times like these? they are the ones who follow the fomo and don't stick to their stand. I don't even wonder if bear season is coming again and this is the moment for us to buy cheap.
well I'm guessing the market will take some time to recover because we are very strong against weak hands. but isn't it hope that everyone wants to buy at the bottom and why fear still plagues their minds what are they waiting for. this week the btc price movement is still sideways and it looks like it will be very fast to reach the rising support point.

This only applies to people who have experienced it. When they have experienced a considerable decline, now it is not a worry for them because they know this is only temporary and remain confident that things will return to normal. But when you see now that there are indeed a lot of new people who are starting to follow this, it will be a different story because indirectly this is the first time they have experienced a big decline like this so panic is certain to occur and this is what makes many think that Crypto is something that not good and only detrimental.

[lienfaye]

Good move. there is no worry for us because we have seen the history of last season . So who's panicking in times like these? they are the ones who follow the fomo and don't stick to their stand. I don't even wonder if bear season is coming again and this is the moment for us to buy cheap.
well I'm guessing the market will take some time to recover because we are very strong against weak hands. but isn't it hope that everyone wants to buy at the bottom and why fear still plagues their minds what are they waiting for. this week the btc price movement is still sideways and it looks like it will be very fast to reach the rising support point.

This only applies to people who have experienced it. When they have experienced a considerable decline, now it is not a worry for them because they know this is only temporary and remain confident that things will return to normal. But when you see now that there are indeed a lot of new people who are starting to follow this, it will be a different story because indirectly this is the first time they have experienced a big decline like this so panic is certain to occur and this is what makes many think that Crypto is something that not good and only detrimental.

Thats why its an advantage for old investors to have a bearish season because they know what strategy is best to apply in times the market is declining since they are already aware how it works. For new investors its quite normal for them to panic especially to those who engage themselves because of hype. But if you're a type of investor who are careful and taking time to learn before investing your hard-earned money, then its unlikely for you to be influence by FUD. Because you understand the flow and wise enough to think deeply on whats the best thing to do in times the market is in bearish.