Inwestour
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September 05, 2022, 02:00:28 PM |
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Panic is one thing that is natural considering it is about finances, but on the other hand we should not use panic such as by doing stupid actions. The average is indeed when the decline and when expectations that do not match reality make this panic possible but only a few people are able to make good decisions amid their worries.
Panic is bad and there is nothing natural about it when panic sets in when it comes to finances. It is normal to worry when the market fluctuates, this is quite natural, but when the panic sets in, then you can do a lot of stupid things that you can later regret. As for money, all moves should be deliberate and balanced, without unnecessary emotions.
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BRINIRHA
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September 06, 2022, 12:08:35 AM |
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Many investors will panic if the price of bitcoin drops by more than 5%, but those who have experience and long in bitcoin then this is a good opportunity to buy more, and today it is proven because the market is rising again and getting closer to $21k.
I think it's only those who are new to the crypto market that will keep bordering themselves about the market. Even though the market looks somehow now, we still have advantage to buy more now and hold till when the market to turn to a better direction. It once happened in in 2017 and now it looks like the same thing will happen which will make us stronger if we can be ready not to be bordered about the nature of the market. The market will come back to us if we can be patient and consider so many things happening now. actually when the bear market is a good opportunity to accumulate. and keep it in peace. provided that the coins collected are really good coins, at least they are in the top 10 of the CMC ranking. although it can not be a benchmark. but at least this minimizes the risk. collect with cold money. while waiting for the bullrun market to come. although some say that the bull market is still a long way off. maybe next year or maybe later. but in crypto sometimes the market is unpredictable. and increases can occur at any time.
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Abiky
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September 07, 2022, 01:37:22 AM |
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Actually OP, it is easier said than done.
Given that there are people who invested thousands to millions of $$$ on their BTC investment, this means that the slightest movement on its price could mean an increase/decrease of over thousands of dollars on their investment. So, while the thought of HODLing and hope may give some sort of assurance, people who have lots of dollars on their investment should be ready to take all the contingencies and plans in order to maximize the their gain or loss on their investments.
Of course. Not everyone is capable of "hodling" crypto for a very long time. Especially now when we're living in hard economic times. Everything is increasing in price from gas to energy and food. Only those with a lot of money to spend, will be able to invest into both crypto and stocks. Things will become worse if the global economic continues to deteriorate. Unless everything goes back to normal, I don't think BTC or any other cryptocurrency will reach a new All-time-high in price ever again. The same can be said about the stock market. Who knows what measures mainstream governments will take to put an end to this global crisis once and for all? Just my thoughts ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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m2017
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September 07, 2022, 07:13:11 AM |
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Actually OP, it is easier said than done.
Given that there are people who invested thousands to millions of $$$ on their BTC investment, this means that the slightest movement on its price could mean an increase/decrease of over thousands of dollars on their investment. So, while the thought of HODLing and hope may give some sort of assurance, people who have lots of dollars on their investment should be ready to take all the contingencies and plans in order to maximize the their gain or loss on their investments.
Of course. Not everyone is capable of "hodling" crypto for a very long time. Especially now when we're living in hard economic times. Everything is increasing in price from gas to energy and food. Only those with a lot of money to spend, will be able to invest into both crypto and stocks. Things will become worse if the global economic continues to deteriorate. Unless everything goes back to normal, I don't think BTC or any other cryptocurrency will reach a new All-time-high in price ever again. The same can be said about the stock market. Who knows what measures mainstream governments will take to put an end to this global crisis once and for all? Just my thoughts ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) As the experience of the 1st investors shows, it is long-term hold that brings the greatest bitcoin profit. Therefore, those who are not able to hold for a very long time lose profitability. In general, investing requires composure and endurance. If at 1st there were huge profits, now the profitability relative to the 1st years of bitcoin's life is significantly lower and you have to wait longer, that there were good Xs. There will always be some problems and crises in the world. Moreover, in some way, bitcoin was created as a tool to deal with the financial crisis. So, theoretically, bitcoin should feel good in such situations. I am sure that sooner or later there will be a new ATH. You just have to wait.
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bakasabo
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September 07, 2022, 07:29:25 AM |
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Seems that it is already late to panic and sell in rush. I think people now hold not because they are strong-willed, but they would better see their crypto turn into nothing, instead of letting others buy it for a low price. Jealousy and greed in single cocktail. Or, people would switch from holding and long term investment into day trading, make a fuss just to distract from constant fall.
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Wong Gendheng
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September 07, 2022, 03:04:33 PM |
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I'm sure today many investors are worried and panicked, the price of Bitcoin returns to the lowest position since ATH 2021, but good news if we buy because now we can get a cheap price so that it becomes a good opportunity to buy. I'm sure in September the price can return to the $ 25k level.
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Mario Yamasaki
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September 08, 2022, 10:59:19 AM |
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Panic is a condition that makes us regret, many people think short and panic when the plan is not appropriate, this is the importance of we always have a plan B so that when there is a failure on plan A then we are not panicked, and rest assured that panic will make us lose and regret.
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Lubang Bawah
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September 08, 2022, 01:25:41 PM |
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Many investors will panic if the price of bitcoin drops by more than 5%, but those who have experience and long in bitcoin then this is a good opportunity to buy more, and today it is proven because the market is rising again and getting closer to $21k.
I think it's only those who are new to the crypto market that will keep bordering themselves about the market. Even though the market looks somehow now, we still have advantage to buy more now and hold till when the market to turn to a better direction. It once happened in in 2017 and now it looks like the same thing will happen which will make us stronger if we can be ready not to be bordered about the nature of the market. The market will come back to us if we can be patient and consider so many things happening now. I think it is okay to panic, and do some real work The real work means to find yourself ways of financial freedom. And have some emergency funds. This also can bring in some real life experience and person started walking on the track of financial freedom. The necessities of life are often unexpected and make us have to do many things, if we only work in the office and rely on monthly salaries it will be difficult to develop, we have a lot of free time it must be used for productive things.
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wmaurik
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September 09, 2022, 09:38:13 AM |
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The necessities of life are often unexpected and make us have to do many things, if we only work in the office and rely on monthly salaries it will be difficult to develop, we have a lot of free time it must be used for productive things.
Try to mention some things that you think can be very productive at this time besides working in an office by relying on a monthly salary. Because I'm only helping my wife's business at this time to get daily income growth that can be used every day so that the monthly salary will not be used all of it and some of it can immediately become savings for life. This is also part of a strategy to stay calm and not panic when things go wrong in life, but the OP doesn't explain everything that leads to it but only for the crypto market.
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Kadal Ijo
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September 09, 2022, 10:34:29 AM |
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I'm sure that the price of Bitcoin will Rise Again so that when the price has dropped up to $ 18k, I did not panic, instead I bought even though with a small value but in my opinion it had made me satisfied, the opportunity for Rise and improved had often happened, so if someone said losing money When buying Bitcoin is because of panic.
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aylabadia05 (OP)
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September 11, 2022, 06:39:35 PM |
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I'm sure that the price of Bitcoin will Rise Again so that when the price has dropped up to $ 18k, I did not panic, instead I bought even though with a small value but in my opinion it had made me satisfied, the opportunity for Rise and improved had often happened, so if someone said losing money When buying Bitcoin is because of panic.
Those who say loss if buying Bitcoin, ask them back to what will give them profit besides Bitcoin for us to buy. I hope you and all our friends who are here have heard and read information directly related to Microstartegy to collect $500 million capital to buy Bitcoin. Click here. Take the positive thing behind the information. The person who buys Bitcoin at this time, that is a sign that the person has done a quick movement between those who did not do it. Not too late friend. Continue to do your best for future investment.
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imamusma
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September 11, 2022, 08:26:26 PM |
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The person who buys Bitcoin at this time, that is a sign that the person has done a quick movement between those who did not do it. Not too late friend. Continue to do your best for future investment. I agree on one thing, it's never too late to invest in bitcoin even though the current bitcoin price is $21.6K. I don't think this is the highest price because obviously bitcoin is still at its -68% ath. It's still possible to see the price climb higher past any resistance, but I'm not sure this year the $40K will hit again. As the OP, I'm not sure if you're really convincing people to buy, but don't forget that any advice and opinions shared on threads like this about bitcoin price predictions should not be considered financial advice. I agree that there must be analysis and consideration to minimize risk.
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n0ne
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September 11, 2022, 11:21:54 PM |
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With cryptocurrency investment patience is much needed. It looks like the market is on the bear move, all of the sudden it makes a recovery. The market is uncertain and highly volatile. To experience the best out of such market situation needs patience and should not get into panic looking upon the charts. Whenever the market is bullish try to keep yourself away from watching the market unless you're into trading practice.
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beej
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September 12, 2022, 09:35:40 AM |
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I agree, much and much patience is essential with cryptocurrency. It’s a proven matter over the years. It wouldn’t be like this if it wasn’t true. It probably is the best time to invest in cryptocurrency right now, prices are low which is accessible and affordable to newcomers and seasoned ones. Be optimistic, patience pays well.
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Abiky
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September 13, 2022, 01:12:12 AM |
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With cryptocurrency investment patience is much needed. It looks like the market is on the bear move, all of the sudden it makes a recovery. The market is uncertain and highly volatile. To experience the best out of such market situation needs patience and should not get into panic looking upon the charts. Whenever the market is bullish try to keep yourself away from watching the market unless you're into trading practice.
Panicking will only make you sell at a loss instead of at a profit. People should take it slow and easy by buying more crypto regardless of its market prices. Once the bull market makes a comeback, you'll be able to obtain huge returns in the process. The global economy is deteriorating at a fast pace, so don't expect market prices to rise anytime soon. Bitcoin's been going up lately, but it's still way below its ATH of over $60k per coin. Everything will depend on central banks and governments' efforts to put the economy back on its feet. Ultimately, crypto is all about utility (not the price). As long as it works as intended, nothing else matters. Just my thoughts ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Reatim
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September 13, 2022, 01:36:57 AM |
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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.
easy said than done , imagine you have bought bitcoin at 25k then suddenly over night the price went down to 18k do you really believe that normal investors will just sit down and relax? I'm afraid not mate because what we need to sustain is our funds staying even if not exact or the same but at least closer to our capital , and seeing it fall is something we dont like so panicking will take place and wrong decision will cover the investments.
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2stout
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September 13, 2022, 03:38:59 AM |
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I agree with the OP 100%. However, if one has not prepared or put themselves in a position to long term HODL, then this might be quite tough for some to do and becomes a case of easier said than done. Hopefully these will learn and be able to apply themselves next cycle if they can't HODL on.
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yudi09
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September 13, 2022, 08:19:38 AM |
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They do not explore or find out clearly before deciding to join the community you call it. They are tempted by the profits that are obtained after they provide capital for trading so that when they see your active routine on this forum, it is considered useless. In cases like you describe, we can't blame them. They are just victims who don't want to learn.
I don't blame anyone for that either. Because everyone is always free to choose their own path and is always free to make and determine their plans for the future. But they also don't have to think of other people's work as trivial or useless as you say because they still don't understand how other people work in terms of making a profit. They fall victim to scams because they don't use their brains to better research every new thing that comes their way and so easily fall into such projects. This is what we must hold as our basis in living life. There is no difference between black and white, all the same. The two creatures of God. We must respect every work of any one of us. Forget about things that make your spirits lessen. Cheers. How do you analyze current market conditions? Bitcoin is experiencing a price increase, do you feel that many people are getting excited to see the movement of Bitcoin?
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Stella Mese
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September 13, 2022, 02:38:21 PM |
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I agree with the OP 100%. However, if one has not prepared or put themselves in a position to long term HODL, then this might be quite tough for some to do and becomes a case of easier said than done. Hopefully these will learn and be able to apply themselves next cycle if they can't HODL on.
For beginners it is very difficult to overcome panic. because they are not familiar with the market. and sometimes many of the beginners who intend to invest long term. Instead, they sold their assets because the panic itself was dragged into it. because usually beginners always think that they can sell now and hope to buy back from lower levels. but in reality when the price is down. even beginners are afraid to buy.
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kryptocanon
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September 13, 2022, 10:52:27 PM |
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Why on earth would I panic when obviously this isn't the first time bear season is happening? I'm not confidently saying I'm happy with it but of course, the expectancy is there. This is why it's advisable to not be greedy and always take profit at all times whenever possible.
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