Do not panic. Everything will get better

[Duzter]

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.

Everyone won't be having similar mindset. Most of the users just want profit. Cryptomarket is the place where it is possible to make an earning unlike the market trend. The risk is there, but with the knowledge and skills it is possible. Every market won't stay on the bullish side all the time, the real growth is having Bull and bear market. We need to learn and find opportunities out of the market and leaving it out of panic.

[Mr. Magkaisa]

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.

-  Yeah, it's true that most investors feel fear or worry when its price drops by more than 5%. But there are some investors who know what they are doing when entering this industry, the kind that have a period target for when they will sell it and they (Investors) also have a goal of what percentage they want to get as profit not just the hold they will do.

There is also a different strategy that others do that they have an allocated amount of how much value is for day trading (Short term) and Long term holdings for the token they choose to hold.

[2stout]

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.

Agree about the beginners, but if they stick with it, they will learn and become hardened, grizzled, crypto winter survivor veterans, setting themselves up for future gains and success, as this is still an early time in the Bitcoin timeline.

[Pujangga]

Today the price of bitcoin dropped by around 10% and is likely to drop again below $20k, of course this is a serious test for us, many panicked so they sold cheaply and of course lost money, but as an experienced cryptocurrencies investor I recommend holding and be patient, I'm sure the market will rise soon.

[EarnOnVictor]

Storms will continue to occur, we will experience up and down prices often, like today that the market drop is more than 8%, but successful and positive thinking investors make this an opportunity to buy, never panic to sell because what happens is We lose and regret.

If we want profit then we have to focus on the goal, don't panic when you see the price drop because bitcoin always has the power to rise again, the most important thing is to be patient and focus long term then we will profit, panic will make us regret.

Today the price of bitcoin dropped by around 10% and is likely to drop again below $20k, of course this is a serious test for us, many panicked so they sold cheaply and of course lost money, but as an experienced cryptocurrencies investor I recommend holding and be patient, I'm sure the market will rise soon.

Many of you on BTT make me laugh when I read your posts, you are just naive about what you write. You are preaching that people should not panic, but what if the situation really calls for panic eventually? I expected you to have detained the reason why they should not panic, not giving them empty hope because of your mere belief/instinct which has no proof to back it up. You can't even decipher the reason the sharp fall happened, and you are here preaching hope.

I love to better guide my fellow BTT member rather than giving them emptiness and gambling. As a matter of fact, the US inflation report caused the sharp fall, and I alerted members here https://bitcointalk.org/index.php?topic=5413398.0 even before the news was released.

You don't have to buy and hold always, traders and investors need speculations and proper guidance for their decisions. Undoubtedly, Bitcoin has slipped back into a bearish trend, no wise investors or traders should be on the bullish path now until further notice. So, stop preaching what you don't know.

[aylabadia05]

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.

Same with those of you who are not convinced that I actually convinced them to buy.
Of course, every suggestion and opinion that appears in the thread is not a reference but a material for consideration in conducting personal analysis.
Not all suggestions and opinions given are based on experience that has been done, but just small talk.

Storms will continue to occur, we will experience up and down prices often, like today that the market drop is more than 8%, but successful and positive thinking investors make this an opportunity to buy, never panic to sell because what happens is We lose and regret.

Maybe they only value Bitcoin from the price side and don't see Bitcoin from the other side. Congratulations to all of us who continue to believe in Bitcoin.

[xzy887]

I think those who understand the market will never panic. It is the right time for them to invest in the market. And they will invest now and wait until the market improves.

[kapalmabur]

Storms will continue to occur, we will experience up and down prices often, like today that the market drop is more than 8%, but successful and positive thinking investors make this an opportunity to buy, never panic to sell because what happens is We lose and regret.

Until now, the market is not stable and still fluctuating and this of course makes us need to be careful in making decisions,
it is not impossible that the market will drop again later,
as long as the opportunity exists, I think it's good to use it to the fullest

[Pujangga]

Panic is a normal thing that we experience when we see prices drop, but if we sell when panicking it will make us lose and later regret, as investors we must understand that many types of investments take time to profit, and this also applies to cryptocurrencies , buy and hold for at least a year then we will likely profit.

[Cookdata]

Today the price of bitcoin dropped by around 10% and is likely to drop again below $20k, of course this is a serious test for us, many panicked so they sold cheaply and of course lost money, but as an experienced cryptocurrencies investor I recommend holding and be patient, I'm sure the market will rise soon.

The market was recovering due to some positive news but I think these dumps are short terms and it will continue for now due to some other factors like the warrant that was spread by the South Korean government for the arrest of Do Kwon, the famous Luna master who allowed many investors to lose their wealth and also, the Us mortgage rate in the US has increased, there was also an announcement on United Kingdom increase in inflation, we are also expecting some MT Gox to release to some bitcoin to their owners, so some traders are closing their positions so they don't get liquidated by funny moves or volatility. So many invents are coming that will make the market recover a bit and dump too, so sit tight and hodl.

[batang_bitcoin]

Panic is a normal thing that we experience when we see prices drop, but if we sell when panicking it will make us lose and later regret, as investors we must understand that many types of investments take time to profit, and this also applies to cryptocurrencies , buy and hold for at least a year then we will likely profit.

It has became a norm that people sell at panic and they're doing that out of their losses. It's a stop loss for them because they'll think that they'll get more losses.
A friend of mine has sold most of his bitcoins on 2018 and that didn't made him able to go back and never bought back. Now, he's at lost and never came back to the market regretting being a HODLER and enduring all of the pain of the market.

[Kadal Ijo]

It seems that it is easy to say do not panic when there is pressure or market red, for those who make Bitcoin or cryptocurrencies the main choice of investment is certainly difficult, panic will continue to occur if the value of assets we have is large, and I think this is natural as long as We are still realistic when panicked.

[sulendra12]

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

It's pretty much just how normal people behave when sudden event occurs in unexpected time that you wouldn't imagine before and for traders managing their emotions are becoming a chore thing to do if you want to achieve bigger profit in trading scene. It's difficult to do at first, but once you get used to it and encounters it many times, I think you can build up your patient and relieve your stress once bad thing happens.

[YOSHIE]

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

I see that crypto users in the current market situation, are more calm and stick to their goals, which are buy and hold.

I see some speculation Bitcoin at the end of 2022 could decline, it was due to several factors that might make sense as speculation and prediction considerations, where Bitcoin could touch at a low of around $15k in this period, hope.

However, at this time we are all still in the monitoring and two-stage buying situation, faith and patience are the main keys, as you mentioned.

[fiulpro]

I do think that you should understand that it is indeed very difficult to process all of the stuff as well considering that the price of bitcoins shot down to literally 18k which means that people would panic sell and this would honestly make it even worse as well. Thus if you panic sell you are not only loosing your investment you are shattering the whole market as well which is hard to go at this moment, I do think that what you can do is :

Understand that " As long as you don't sell, you cannot loose money "

Thus at the end you can get everything sorted out in the future but if you sell it all, you are going to sell it at 18k Max and if you wait you can stretch it to loads and maybe have a better opportunity in the future.

[aylabadia05]

It has became a norm that people sell at panic and they're doing that out of their losses. It's a stop loss for them because they'll think that they'll get more losses.
A friend of mine has sold most of his bitcoins on 2018 and that didn't made him able to go back and never bought back. Now, he's at lost and never came back to the market regretting being a HODLER and enduring all of the pain of the market.

Patience and hold can be a solution in the midst of the current red market conditions. That's an option that I've practiced so far and I think it can be applied by people who buy Bitcoin when the price is above the current price.
Market conditions as it goes is very good to buy. This applies to those who look at Bitcoin from a price point of view. For me buying Bitcoin is not for short term, but for long term investment.

[batang_bitcoin]

It has became a norm that people sell at panic and they're doing that out of their losses. It's a stop loss for them because they'll think that they'll get more losses.
A friend of mine has sold most of his bitcoins on 2018 and that didn't made him able to go back and never bought back. Now, he's at lost and never came back to the market regretting being a HODLER and enduring all of the pain of the market.

Patience and hold can be a solution in the midst of the current red market conditions. That's an option that I've practiced so far and I think it can be applied by people who buy Bitcoin when the price is above the current price.
Market conditions as it goes is very good to buy. This applies to those who look at Bitcoin from a price point of view. For me buying Bitcoin is not for short term, but for long term investment.

There's nothing we need to do when we're in the midst of the reddish days. Holding is the best choice if you want to stay on this market but with good cryptos that you're holding.
Not with some random altcoins that you're going to hold and you expect them to grow with the top ones. That's not how it goes but at least you practice holding and being patient.

[romero121]

The more you get into panic, more will be the loss. With cryptocurrency the user need good patience and the ability to hold long term. There'll be immediate market changes on the upward as well as downward direction. By the time some decision out of emotion will cause massive loss. By the time it is good to hold than worrying about the decline in the value of cryptocurrency while holding.

[BRINIRHA]

The more you get into panic, more will be the loss. With cryptocurrency the user need good patience and the ability to hold long term. There'll be immediate market changes on the upward as well as downward direction. By the time some decision out of emotion will cause massive loss. By the time it is good to hold than worrying about the decline in the value of cryptocurrency while holding.

Sometimes panic is easy to affect the performance of our brain. so that our minds and analyzes become dull. and it is like you said that it is patience that must be applied when panic comes. although holding back is something difficult. but at least we have to be patient until our minds become clear again to make decisions that will be taken. because if we make decisions when panicking. then the decisions we take can be wrong or wrong decisions. because it is not based on careful consideration of the results of the analysis of a clear and calm mind.

[nara1892]

The more you get into panic, more will be the loss. With cryptocurrency the user need good patience and the ability to hold long term. There'll be immediate market changes on the upward as well as downward direction. By the time some decision out of emotion will cause massive loss. By the time it is good to hold than worrying about the decline in the value of cryptocurrency while holding.

This goes back to where our ability to manage our finances is. I can say that some of the panicked people are the ones who invest with money that shouldn't be used by it. Because when someone invests using money that is specifically for investment they will be able to control this panic. One of the reasons why people panic is because they lack money for necessities.

I am not sure - how people react when they are in panic.
My hand and feet turn cold and my heart races and it become difficult to concentrate - Now I have noticed that panic has a bad effect on me - and I have to be easy in making decision.
So it is right panic does not bring in any good. So better relax!

Decisions made during a panic can certainly have a negative impact. How not, when in a calm and cool-headed situation, sometimes that decision can be potentially wrong, especially when our heads are hot.
But it's not easy to control our psychology to see something we don't want. I'd better shut down anything to do with it (cryptocurrency) and come back when things are calmer.