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Author Topic: Do not panic. Everything will get better  (Read 5404 times)
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October 02, 2022, 11:41:40 PM
 #401

That's why it is okay to have an investment plan not only just having an invest to different coin without prior knowledge and plans and action it is good when to make an entry, how long you will hold the coin. For me if you think the coin is good for short term it is only hold for a few weeks or months and make a take profit. It is good too if you have a knowledge in fundamentals of basic trading chart or technical analysis by this you can get an information where to entry and sell.

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October 03, 2022, 12:10:53 AM
 #402

everything will get better if the bulls come again and the altcoin season starts,
because I believe that 80% of the holders in cryptocurrencies are altcoin holders and altcoins are currently really very bad,
judging from the chart altcoins have gone down to -90% so I I really hope that altcoins can recover in 2023.

People can't expect crypto market prices to rise if the global economy is in peril. Unless we get out of the recession, market prices won't be going anywhere. As we all know, Bitcoin needs to rise first for altcoins to follow. Only a bullish BTC will trigger an uptick in major cryptocurrency prices. I'd say this is the perfect time to buy more coins before everything goes back up again. You can become rich in the future if you invest when everything is going south.

Remember, panic is your enemy. If you panic, you'll end up selling at a loss. It's best to take it slow and easy until the dust settles to see your investment grow tenfold. Who knows if we'll see the light at the end of the tunnel soon? Just my thoughts Grin

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October 03, 2022, 07:00:31 AM
 #403

That's why it is okay to have an investment plan not only just having an invest to different coin without prior knowledge and plans and action it is good when to make an entry, how long you will hold the coin. For me if you think the coin is good for short term it is only hold for a few weeks or months and make a take profit. It is good too if you have a knowledge in fundamentals of basic trading chart or technical analysis by this you can get an information where to entry and sell.

Yea mostly some coins that sometimes give you a good return for a short term is shit coin but not in the long term since they're scammed by many people later on. Preparing our mindset and mentality is needed when we want to trade or even invest for a long term since we will see many FUD out there and make our minds to sell them when something bad happens.

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October 03, 2022, 09:12:16 AM
 #404

That's why it is okay to have an investment plan not only just having an invest to different coin without prior knowledge and plans and action it is good when to make an entry, how long you will hold the coin. For me if you think the coin is good for short term it is only hold for a few weeks or months and make a take profit. It is good too if you have a knowledge in fundamentals of basic trading chart or technical analysis by this you can get an information where to entry and sell.

Yea mostly some coins that sometimes give you a good return for a short term is shit coin but not in the long term since they're scammed by many people later on. Preparing our mindset and mentality is needed when we want to trade or even invest for a long term since we will see many FUD out there and make our minds to sell them when something bad happens.
I think it's a particular concern regarding mindset and mentality,
because if these two things are weak then we will easily panic when we see a lot of FUD and it is not impossible that we will lose,
the most important thing is to strengthen the mindset and mentality is important

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October 03, 2022, 12:05:21 PM
 #405

to not panic in a bearish market situation is not as easy as one might think. In fact, to get rid of panic we need experience. because when we get experience, we become accustomed to any situation in the market. I personally am not familiar with the market. so when I learn day trading I often experience losses because I quickly panic. and now to overcome the panic I stopped day trading. and only focus on accumulating bitcoin with DCA strategy. and it turns out to be effective for maintaining my emotional or psychological stability.

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October 03, 2022, 12:36:25 PM
 #406

everything will get better if the bulls come again and the altcoin season starts,
because I believe that 80% of the holders in cryptocurrencies are altcoin holders and altcoins are currently really very bad,
judging from the chart altcoins have gone down to -90% so I I really hope that altcoins can recover in 2023.


how can altcoins recover when bitcoin has not recovered, that will never happen. already a crypto investor if we are wise enough most of our investment will be in bitcoin and only a small part in altcoin as we all know altcoins are very risky. it's wrong for people to try to hold altcoins without any bitcoins in their wallets, which is a really bad thing

looking at previous bear seasons, a lot of altcoins dropped during bear season and most failed to recover and grow again after the bear season ended, only bitcoin and ethereum are 2 coins that always recover

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October 03, 2022, 09:17:40 PM
 #407

everything will get better if the bulls come again and the altcoin season starts,
because I believe that 80% of the holders in cryptocurrencies are altcoin holders and altcoins are currently really very bad,
judging from the chart altcoins have gone down to -90% so I I really hope that altcoins can recover in 2023.


how can altcoins recover when bitcoin has not recovered, that will never happen. already a crypto investor if we are wise enough most of our investment will be in bitcoin and only a small part in altcoin as we all know altcoins are very risky. it's wrong for people to try to hold altcoins without any bitcoins in their wallets, which is a really bad thing

looking at previous bear seasons, a lot of altcoins dropped during bear season and most failed to recover and grow again after the bear season ended, only bitcoin and ethereum are 2 coins that always recover
Thinking off generally that Bitcoins price is always the main trend setter, which does basically means that if Bitcoin price is still on bearish then expect that the rest would be the same.
Dont expect that there would be huge pumps and bullish trend could happen.Bitcoin would be the main indicator whether these coins would be pumping or not.
Its true that there's no way on avoiding on not to get panicked considering that we dont really like to lose up value in our investment.
It would really be just normal on having that kind of thinking or mindset.
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October 03, 2022, 11:10:23 PM
 #408

The biggest concern is the economic inflation which the fed wants to curb. But still, the problem persists. But soon the overall situation gets better with time. The key point is to keep patience and try to bring more quality investment.
Everything that has been up will surely go down. We may not know when but the time will come that the value of USD will go down since most currencies are exchanged into it which makes the other currencies value lesser.
The economic situation of most countries in the world aren't that good but I'm sure that everything will recover no matter how hard it is right now just like what it has been on the recession on 2008-2009.
And for the crypto market, it will be an unstoppable innovation and many will be open on it because it's going to be a trend that many will adopt no matter what the situation of world's economy.

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October 04, 2022, 05:58:23 PM
 #409

I don't think, people are still packing in this bear season than to hold and wait for the price to increase higher, because there are some signs some people are seeing in the crypto market that made them to believe that the market price will soon increase higher for people to start smiling from their investments. Since Bitcoin price has increased to $20k few days ago,show that other coins price will start experience some changes in the market, because whenever Bitcoin price is changing in the market other coins price will be changing too. People will definitely smile well in this new month because there will be a positive change in the crypto market before the end of this week.

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October 04, 2022, 06:55:09 PM
 #410

If you are a trader so keep your emotions in your pocket. If they will get out, they will lead you to suicide.

And you mentioned a valid point, that is Hodl. And I recommend to trade in Bitcoin. Because, when Bitcoin will be here, so it will never disappoint you. If you are in loss so don't worry just hodl. And this is the best way.

R


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October 07, 2022, 08:56:20 PM
 #411

If you are a trader so keep your emotions in your pocket. If they will get out, they will lead you to suicide.

And you mentioned a valid point, that is Hodl. And I recommend to trade in Bitcoin. Because, when Bitcoin will be here, so it will never disappoint you. If you are in loss so don't worry just hodl. And this is the best way.
You would only able to call yourself a good trader when you do able to make those emotions really in good control.This is the most common problem when you are facing up on a very unpredictable market.
You would really be freaking out whenever you do see negatives into your portfolio which it would really be that common to have these kind of reactions but as soon you do able to gain up
sufficient experience then you would really be definitely able to handle it out and you would really be sticking into your plans without being bothered or making emotion
as a big hindrance into your plans or goals that had been set.

R


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October 09, 2022, 09:33:31 AM
 #412

One must keep the cause of the market situation in mind. Selling now will result in a loss; it is far better to hold until the condition improves, things back to normal, and prices recover so that we can make some good profits. There is no need to panic; instead, one must wait and see what occurs before making any choices.
it all depends on the assets they keep. if they initially hold assets for trading, or assets with rapid market fluctuation patterns. I think some traders will sell at a loss and move on to choose a more appropriate asset for the long term. unless the asset being traded is also suitable for holding in the long term. there is no reason for the trader to sell at a loss.



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Rainbot
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October 09, 2022, 01:36:40 PM
 #413

it all depends on the assets they keep. if they initially hold assets for trading, or assets with rapid market fluctuation patterns. I think some traders will sell at a loss and move on to choose a more appropriate asset for the long term. unless the asset being traded is also suitable for holding in the long term. there is no reason for the trader to sell at a loss.

In other words, holding back is not just saving. We have to understand what we are holding back, what the future holds. So holding not all coins or tokens can be held by us. Some of the coins that have proven to be strong are Bitcoin and ETH, they could return to new highs. Although it takes quite a long time.
In addition, mentality and emotions are quite influential if you want to be a holder. All the different when you intend to hold back because of a plan from scratch, or you are stuck buying at too high a price.

R


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October 09, 2022, 03:24:30 PM
 #414

One must keep the cause of the market situation in mind. Selling now will result in a loss; it is far better to hold until the condition improves, things back to normal, and prices recover so that we can make some good profits. There is no need to panic; instead, one must wait and see what occurs before making any choices.

But if in the past it was only 10% loss I would prefer to cut loss, after that I can trade again and get a replacement profit. But if you have lost more than 50%, the choice is just to leave it until the price recovers. It's true what you say will definitely be very panicked and very mentally shaken, because this is all beyond rational and very unreasonable. But try to stay calm so that everything can be conducive.

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October 09, 2022, 03:57:29 PM
 #415

Now the market is started to become a normal one.The price of bitcoin was 18k dollars,it will expect to reach above 20k dollars.So we need to hold till the price increase to the next value from the price of 19k dollars.Don’t blame the price dump,use the chance to inverse at the less price.Trading is based on the pump and dump market.Emotions in the trading was not a good way of trading for the long run.

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