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Author Topic: Do not panic. Everything will get better  (Read 5397 times)
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August 13, 2022, 04:19:44 AM
 #221

One need to hold cause of the market condition. Selling at these time will result to lost it is much better to hold till the situation improves and things return to normal and prices recovers so that we will make some good profits. No need to panic one have to wait and see what happen before making any decision.

The situation is definitely improving, CPI number is coming down, crude price is below $100 and coinmaretcap is around 1.169 trillion now. All these aforementioned Economic Indicators are very encouraging to attract new investment in crypto market. Bitcoin is now trading around 24,759 and hopefully, we will see Bitcoin above 25K. If it holds  above 25K for few days then next target is around 28K. DYOR









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August 13, 2022, 11:25:41 AM
 #222

many a time - leaving everything to the will of the God is a best thing you do.
Panic would not bring any good return - so better relax and enjoy your life. What is ment to be - will be - Que Sara Sara.
Surrendering to God's will is also not a good way to do it, although God's will is not something to be forgotten. But basically every human being must try not to panic and stay calm and must be able to dig up every good thing for himself because that is also part of God's command. So you don't have to panic, that's what you should be, but surrendering and assuming something because of God's will is also not good because it can encourage everyone to be lazy.

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August 13, 2022, 12:52:39 PM
 #223

One need to hold cause of the market condition. Selling at these time will result to lost it is much better to hold till the situation improves and things return to normal and prices recovers so that we will make some good profits. No need to panic one have to wait and see what happen before making any decision.
I don't think hodling alone is enough if you want to make profits no matter what is the condition of the market, you can probably use the current market condition learn trading or even leveraging. Take my advice with a grain of salt though, if you don't have any means to buy more crypto, you might be good just hodling on to it.
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August 13, 2022, 01:22:39 PM
 #224

People who never experience bear market would have a hard time to do that, they'll panic because they'll believe in FUD(s) most of the time. But those people who experience bear market even once knows what to do in this kind of situation. Market seasons is normal, the only thing that is not normal are those people who wants to risk their money in Bitcoin but don't really understand what's the risk they are going to take in the long run.
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August 13, 2022, 01:39:33 PM
 #225

snip
Technically speaking , It is trading above its pivot point $23,187 on weekly time frame of support/resistance chart which indicates that we will see it above 25K in coming weeks. DYOR
The hit for 25k price is very close but resistance shows pressure to lower the price lower with the same indicators earlier on the market movement in favor of 24k, significant market recovery near 10k so to reach 25k is possible in the next few weeks. Although it is part of the prediction, we must review the market in real time and consider news related to market movements because controversial news can affect the increase/decrease in crypto prices.

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August 13, 2022, 02:22:17 PM
 #226

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

Do not panic. Everything will get better.

be patient is the last resort if we see our assets have been reduced by 30% of the initial purchase capital. until the market improves
actually why panic if we have the main goal of buying crypto to invest

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August 13, 2022, 03:18:44 PM
 #227

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

Do not panic. Everything will get better.

be patient is the last resort if we see our assets have been reduced by 30% of the initial purchase capital. until the market improves
actually why panic if we have the main goal of buying crypto to invest

Patience is automatic when you invest in crypto. It's not actually the last resort. I can consider accumulating more during bear market as a last resort or shall I say a wise investment move. Not actually the last resort but I say it that way.
When you're not a Bitcoin believer and has not enough experience in crypto you'll probably going to panic during bear season. But for those who has been here for more than 5 years knew how to handle their investments.

R


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August 13, 2022, 09:10:20 PM
 #228

People who never experience bear market would have a hard time to do that, they'll panic because they'll believe in FUD(s) most of the time. But those people who experience bear market even once knows what to do in this kind of situation.
Do you mean only new investors who will panic during the bearish market? Of course, new investors will feel worried since they never experienced the situation. But if they want to learn from any article that tells us about the bearish-bullish market cycle, they probably don't panic. If we are considering about FUDs, even old investors can be influenced, there is no guarantee that people who have experienced a bearish season to not panic.


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August 13, 2022, 10:24:18 PM
 #229

People who never experience bear market would have a hard time to do that, they'll panic because they'll believe in FUD(s) most of the time. But those people who experience bear market even once knows what to do in this kind of situation.
Do you mean only new investors who will panic during the bearish market? Of course, new investors will feel worried since they never experienced the situation. But if they want to learn from any article that tells us about the bearish-bullish market cycle, they probably don't panic. If we are considering about FUDs, even old investors can be influenced, there is no guarantee that people who have experienced a bearish season to not panic.



New investors have a huge possibility to fear the current market situation but this doesn't mean that old-time investors are exempted because anyone could panic when the prices are drastically dropping down. However, old investors already have an idea to deal with the doubts and fear during this season and that's their advantage over new investors.
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August 14, 2022, 07:50:16 PM
 #230

Inflation is soaring across Europe while tensions between countries are running high. Ukraine with Russia, China with Taiwan, Greece with Turkey, Kosovo and Serbia, the current climate is a perfect mixture for another wide-scale war. The economic situation, along with the current state of cryptocurrencies isn't going to improve unless this madness comes to an end.

Personally, I wouldn't blame someone for selling now, investments come second if you're barely making ends meet, due to the increased living cost.

R


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August 14, 2022, 09:11:30 PM
 #231

New investors have a huge possibility to fear the current market situation but this doesn't mean that old-time investors are exempted because anyone could panic when the prices are drastically dropping down. However, old investors already have an idea to deal with the doubts and fear during this season and that's their advantage over new investors.
Yes, everyone can panic in a bad situation, especially when there is a huge decrease in crypto prices. Both new investors and old investors can panic, but old investors may have a bigger chance to deal with a bad situation since they already experienced the same situation previously. While new investors never experienced it, so they must be more worried to see the situation. That's why an experience in the bearish marker is very important in crypto investment.


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August 15, 2022, 12:48:53 AM
 #232

Calm is really needed when a bear market comes. But it's not easy to do because of course there is a fear that comes so that things don't look good. Some people may be able to calm down or even take advantage of difficult situations, especially for those who are mentally strong enough to hold all the assets in their portfolio. Now that the market is slowly improving, hopefully this brings us to ATH again.

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August 15, 2022, 01:50:29 AM
 #233

Calm is really needed when a bear market comes. But it's not easy to do because of course there is a fear that comes so that things don't look good. Some people may be able to calm down or even take advantage of difficult situations, especially for those who are mentally strong enough to hold all the assets in their portfolio. Now that the market is slowly improving, hopefully this brings us to ATH again.

Mental toughness may not be necessary when you know the historical data of Bitcoin. If you're here for more than 5 years you'll be able to distinguish when to buy and when to sell or rather setting a target for selling point and entry point.
One can only be worried if his holding alt coin that has yet to have a good recovery history, but with Bitcoin you should never have to worry during bear market, in fact this is another opportunity to ride another train ride in the next couple of years.

R


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August 15, 2022, 06:55:05 AM
 #234

Panicking will only lead to more disaster and negativity during this bear market. Holding and having the diamond hands will only the way it should be and this actions will surely help each and everyone in the crypto industry.  I do believe that everything will get better and time is only our companion to cope during these times. Besides, crypto market is slowly recovering and this is a big news after all.

True, when panicked, we will immediately sell at the price available, this is a mistake, must do the analysis including the best time to sell, but if we focus on profit then I suggest to hold and buy again, the opportunity for rising is always easy and not took a long time.



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wmaurik
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August 15, 2022, 09:48:49 AM
 #235

True, when panicked, we will immediately sell at the price available, this is a mistake, must do the analysis including the best time to sell, but if we focus on profit then I suggest to hold and buy again, the opportunity for rising is always easy and not took a long time.
Actually the issue of selling and holding it is a personal decision because everyone also considers the advantages when selling existing coins and also when holding Bitcoin at a certain time. So it's all about profit and focusing on the strategy at hand, so the panic doesn't have to be on everyone for every single thing they're doing.

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August 15, 2022, 10:39:00 AM
 #236

The thing is, that it will either get better, or people will adopt to a current situation and will call it as an improvement. I advice not to panic about Bitcoin price drops at all. First, because I think there are not so many people that have invested every single penny in Bitcoin; not so many to be a good % out of all investors. For many, investing into Bitcoin is an addition to earning, not a life changer. Second, those who have invested millions and billions in crypto do not panic a lot. If them managed to earn so much, they are smart enough to do it again. In any kind of outcome we will be winner in the end.

R


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August 15, 2022, 12:28:49 PM
 #237

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.

There is nothing to be scared about? This is just a good opportunity to buy more because there is a possibility that we won't see 18k per BTC again, the way the market is recovering this days it keeps pushing the bears to shame, just take few profits aside and if we go deeper you can use that to get more tokens.

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August 15, 2022, 09:48:26 PM
 #238

True, when panicked, we will immediately sell at the price available, this is a mistake, must do the analysis including the best time to sell,
Price available? Do you mean the current price?  Huh
When someone panics, he can't think realistically, it is possible to sell at any price. If he still analyzes the market trends or the possibility of the upcoming price changes, it means he doesn't panic.

if we focus on profit then I suggest to hold and buy again, the opportunity for rising is always easy and not took a long time.
As long as holding reputable or top coins, no need to do panic selling. There will be always many chances that the prices to increase again in the future. We are now in the bearish market, we still have hope for a significant increase in the bullish period. But if we are holding shitty coins, it is hard to expect their future since they maybe disappear or be delisted on the exchanges during the bearish market. So, be careful in selecting the coins to buy.


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August 15, 2022, 10:42:07 PM
 #239

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.

There is nothing to be scared about? This is just a good opportunity to buy more because there is a possibility that we won't see 18k per BTC again, the way the market is recovering this days it keeps pushing the bears to shame, just take few profits aside and if we go deeper you can use that to get more tokens.
People should go or look for the brighter side and not really just focusing on the negative ones because you would eventually freak out if you do really have this kind of thinking or impression towards market correction

which we know that it is really just a normal market cycle because we cant really just having a moving upward position in towards price where as a normal thing where sell-offs and corrections do really happen.

Once you do step your foot into this market then you should make yourself prepared on these certain conditions.Once you do get that sufficient experience then it would really be just like a normal day for you to treat off these market declines which i would say that it is really just normal to have and better make yourself wise on making decisions.

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August 15, 2022, 11:29:53 PM
 #240

The world is in deep sh... it my friends ... the markets are disconnected from reality.... hold thigh, it will be be something scary ,great depressions was nothing to what is coming  

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