Why everybody is panicking ? Its a game of greed and fear !

[tigerwood0432]

Guys , do not panic , its a cycle , everytime btc loses 60 to 70 % , it will recover with HUGE profit , check : graphics 10 years . always the same .

From years now we are trading btc , its always the same patern .

Btc lose 50 to 70% then price bounce x2 x3 x5 .

Its all a game of greed and fear

Some good advices for investing and trading :

1 ) - stop listening to twitter/shit medias ,  bitcoin " advisors or consultants" usually they are paid advertisements from btc whales to buy lower or to get more profits in their shorts : panic panic panic : china china china , russia russia russia , SEC SEC SEC inflation inflation inflation . ....... all bullshit

2) - Buy small amounts at a time , we are buying at 19k , 16 k , 14k , 12k , 10.1k , 7.25k wherever it goes we keep buying . This is how big financial funds and big traders are averaging their buy

3) Go for long term investment , ask yourself : what will be bitcoin price in 5 years from now ? Going to zero ? Going to 250k ? stay at same price ?

- If goes to zero : (which i highly doubt , because if goes lower , HUGE investors will buy the opportunity) BUT AGAIN : Never Invest Money You Can't afford To Lose .

- if goes to 250k => bingo !!!  (just be patient and for god sacks stop reading these twitter posts and shit medias talks , its all  manipulation )

- if stays the same , then nothing lost , no reason to panic .

Stay strong guys , Bottom is near , many "panic" traders already sold their assets at a loss  , soon there will be no coins to sell ahaha , only buying opportunities

Happy trading

[1715159221]

1715159221

[Jawhead999]

I think there's a bunch users already create similar topic about "DCA, only invest that you can afford to lose and Bitcoin history"

It seems there's no new discussion and everyone keep repeating the same discussion, almost everyone already know that and it's nothing need to remind everyone. If they're panic, then it's good since we can buy their coins, if they're not panic, we can't buy the dip lol. So I'd thanks for those newbie who panic and then sold their coins for cheap price.

[SOKO-DEKE]

Panic, in my opinion, is the result of ignorance of bitcoin and cryptocurrencies, which also results in a lack of confidence in these technologies in general. It is impossible for newcomers who are only interested in Bitcoin to remain calm in the face of such a situation. What do you think a beginner who purchased Bitcoin for $30k and it is now only worth $16k per Bitcoin will be feeling? He will undoubtedly be uncertain whether to sell or not.

And a lot of individuals are  panicking because they have invested what they thought they had not invested, particularly those who are timing Bitcoin market prices in the hopes that if they invested hug sum of money they can profit big in due time if Bitcoin pumps, which puts them at undue danger.


I believe a lot of advice have been given in the forum many times, to only invest what you can afford to lose, so to avoid worry over the bear market.

[socks435]

Who do you think is do panic selling? I think its normal to see the price of Bitcoin drop. Look Bitcoin history have a cycle if you are here for very long time or if you know the history of Bitcoin then you shouldn't be panic.

However, since there are some potential to make profit selling it is the best choice and buy later for cheaper price. That's a normal cycle of trading.

[kamvreto]

why tell everyone? not everyone experiences panic which results in failed trades, more precisely some people panic because prices continue to fall and losses are increasingly visible.
Panic is included in the category of psychology that will affect the trading process, some people can control it because they already know where their limits are.
about some of the suggestions you mentioned, I believe it's good to apply. only how to control emotions properly so that panic and greed do not occur.

[Strongkored]

only how to control emotions properly so that panic and greed do not occur.

Not panicking and being greedy in trading can only be done by a trader if he has gone through a lot of trading activities because he should be mature in thought and when he is about to make a decision, but this is really not easy to be calm when the price of BTC has decreased alot, mostly traders not only trade on the BTC-USD pair but also altcoins and seeing a decline in altcoins can trigger traders to panic but traders who only trade on BTC will understand the cycle well

[Lucius]

~snip~
Stay strong guys , Bottom is near , many "panic" traders already sold their assets at a loss  , soon there will be no coins to sell ahaha , only buying opportunities

I guess you've seen a lot since 2013 on this forum, so we can say that advice from old members has a certain weight. However, I would still leave speculations about the absolute bottom in the speculation zone, because it is difficult to say what awaits us in the coming months, and some persistently call for another big crash.

Considering that many CEX these days announce how much BTC their companies have in their wallets, all these millions are hanging over our necks - because they are not there just because their owners are convinced that it is a safe place, but they are ready to sell them if the opportunity arises. In the long term, we all expect a new ATH to happen, but we will have to be patient for that - Santa Claus brings some less valuable gifts this year

[Flexystar]

2) - Buy small amounts at a time , we are buying at 19k , 16 k , 14k , 12k , 10.1k , 7.25k wherever it goes we keep buying . This is how big financial funds and big traders are averaging their buy

The way it is said, it's entirely right. This is traditional and well known strategy in the real world, where its formerly known as "DCA" or Dollar Cost Averaging. The way it is stated here, you have to keep buying the crypto at various entry points and the entry points are nothing but at what price you are buying. This has to be versatile and should take your investment to such cost that your BEP always keeps dropping and thus it becomes very easy for you to break the profitability window once market revives from lets say bearish trend such as current one.

This is most logical explanation to this strategy. I might have used too much layman language while explaining it but this is just to make us understand in the simplest way.

In fact for those who might have bought very high prices, now is the good time to buy and bring down the BEP.

[rhomelmabini]

Guys , do not panic , its a cycle , everytime btc loses 60 to 70 % , it will recover with HUGE profit , check : graphics 10 years . always the same .

From years now we are trading btc , its always the same patern .

Btc lose 50 to 70% then price bounce x2 x3 x5 .

Its all a game of greed and fear

When the space is getting bearish, I'm trying to eliminate the noise around and just enjoy DCA and the profit I made from the last bull run. For me it's a game of discipline and if you do, it will totally give you the best of things in return. We may never know if 70% is the bottom this time around, historically, Bitcoin can go lower to 80% which may pull down around 30-40 percent of the current value.

[hyudien]

1 ) - stop listening to twitter/shit medias ,  bitcoin " advisors or consultants" usually they are paid advertisements from btc whales to buy lower or to get more profits in their shorts : panic panic panic : china china china , russia russia russia , SEC SEC SEC inflation inflation inflation . ....... all bullshit

This point is often not realized just because they get information from the data presented. But indeed at this time, the media is manipulating people to be inconsistent on the path that Bitcoin should be. We are easily moved by bad issues that force beginners to give up what they haven't been above and sell it in the era of panic. Almost everyone feels it including me personally. Especially when the issue is proven by the recent crash that has shocked the crypto market. The FTX case this year has made both investors and traders panic uncontrollably because they put too much trust in centralized exchanges. Buying and withdrawing assets from a centralized exchange is the right choice for now.

[Myleschetty]

Point of correction. Not everybody that's panicking and from my own understanding of cryptocurrency. Ignorance about bitcoin and cryptocurrencies is what leads to panic.
It's also a game of understanding and knowledge, not greed and fear which are the exact thing that led to the loss of naive crypto investors.

[Hamphser]

Point of correction. Not everybody that's panicking and from my own understanding of cryptocurrency. Ignorance about bitcoin and cryptocurrencies is what leads to panic.
It's also a game of understanding and knowledge, not greed and fear which are the exact thing that led to the loss of naive crypto investors.

If everybody is on fear then pretty sure we arent supposed to see 15-16k price point which it would really be more lesser but since the community do able to hold up this level then this do proves out that there's a

solid support into this area.Despite of the of negative news that we had faced or see into this current market events and conditions but still it was able to hold up.
This is where you do able to differentiate a trader basing up into their actions and moves towards this situation which its really that very bearish.
No one really knows on when this market would really make some u-turn.You would really be panicking if you arent that aware on how this market moves or behaves.
For those who are old and does have experience then they are surely aware on what they should gonna do.So it does vary on someones level of awareness and experience.

[GeorgeJohn]

As strange as it may sound, this is to be expected. It is important to understand that the market is partly a game on the feelings and emotions of traders. So, it's all quite understandable.

The one of the reasons while some people are curious or panicking to sell out their coins, is because, some of the investors mindset in cryptocurrency is that the price will not quickly ressurect, and it's obvious and understanding that cryptocurrency is unpredictable and can be described as market rotation. Because no one can have the time of the bullish even been a master of chart interpreter.

[Issa56]

1 ) - stop listening to twitter/shit medias ,  bitcoin " advisors or consultants" usually they are paid advertisements from btc whales to buy lower or to get more profits in their shorts : panic panic panic : china china china , russia russia russia , SEC SEC SEC inflation inflation inflation . ....... all bullshit

Some people panic and sell their bitcoin just because of what they hear on social media, i have seen lot's of people saying bitcoin is going to die which is impossible, Bitcoin is not going to die, Bitcoin have faced lot's of challenges in the past and it didn't die so even now bitcoin is not going to die, the highest thing that can happen is that the price will dump but if you can hold its definitely going to bounce back. If you keep on listening to what people are saying on social media then you are not going to invest.

3) Go for long term investment , ask yourself : what will be bitcoin price in 5 years from now ? Going to zero ? Going to 250k ? stay at same price ?

The main reason why some people lose interest in bitcoin is because they believe bitcoin is a get rich quick scheme, most of them believe if they just invest their money immediately they will be in profit which at the end if they invest and bitcoin keeps dumping, they always end up losing interest, Bitcoin is not a get rich quick scheme so if you are investing, then you should be prepared to hold for long term.

[Quidat]

As strange as it may sound, this is to be expected. It is important to understand that the market is partly a game on the feelings and emotions of traders. So, it's all quite understandable.

The one of the reasons while some people are curious or panicking to sell out their coins, is because, some of the investors mindset in cryptocurrency is that the price will not quickly ressurect, and it's obvious and understanding that cryptocurrency is unpredictable and can be described as market rotation. Because no one can have the time of the bullish even been a master of chart interpreter.

When you do have that kind of mindset on which you do really believe that you could make yourself rich in no time then you are wrong.The reality of this market will
really tell you that this isnt the thing that you are expecting to see.For those people who do panic are the ones who had been expecting too much or really that bullish
which  they do really believe that this space would really be continuing to rise up and make those investors do make huge profits which it isnt the case on what we are seeing now.
Market does have its cycle whether it could really be on bearish or bullish side and also it does have that sideways or consolidation period.

[harizen]

Just come to think of it, especially for those new players in the crypto world.

The $10,000 price before is considered a moon price but now, let's say the Bitcoin price dip on that level, it's a big crash to consider already. Remember that the current price today is a price that everyone treated as a dream price before.

What I'm saying here is, just trust the process as bitcoin will just continue to move forward no matter what. Patience is the key. Instead of being panicked, why not just take advantage of the current situation as you might not see this kind of floor price again when the bitcoin price rallies again?

[qwertyup23]

I think there's a bunch users already create similar topic about "DCA, only invest that you can afford to lose and Bitcoin history"

It seems there's no new discussion and everyone keep repeating the same discussion, almost everyone already know that and it's nothing need to remind everyone. If they're panic, then it's good since we can buy their coins, if they're not panic, we can't buy the dip lol. So I'd thanks for those newbie who panic and then sold their coins for cheap price.

Like what I reply to similar posts like these, you have to understand it from a perspective of a person who owns hundreds to thousands of cryptocurrencies at his disposal. This implies that the slightest movement of its price could mean a gain/loss of thousands of $$$ on his end. That is why, some people do fear the loss and somehow panic whenever there is a significant drop on the price of BTC.

Bearing this in mind, what could be a good strategy to prevent your cryptocurrencies from dropping its price further? Again, always have a contingency plan. Trade only up to a maximum percentage of a certain value and cash them out as quickly as possible if you see a profit. A 3-5% profit is always better than a 3-10% loss.

[kotajikikox]

Guys , do not panic , its a cycle , everytime btc loses 60 to 70 % , it will recover with HUGE profit , check : graphics 10 years . always the same .

I am not one of those panicking because I look at this as positive effect and instead of selling I panic buying as much as i earn capital to keep holding.

From years now we are trading btc , its always the same patern .

Btc lose 50 to 70% then price bounce x2 x3 x5 .

and even more than that if we will look at the younger years of bitcoin.

Its all a game of greed and fear

Some good advices for investing and trading :

1 ) - stop listening to twitter/shit medias ,

2) - Buy small amounts at a time ,

3) Go for long term investment ,


Happy trading

all points are noted mate and yes this is my attitude towards crypto for years now and it really works waiting than panicking .

[worle1bm]

The whole market is crash at this time and panic among investors is normal but those who have long term holding in mind will not be affected much but the thing is best only if you are holding bitcoin with you not other worthless tokens that won't be able to recover after this whole scene.Otherwise you will also come under those who panic sell their coins in the market.

[cheezcarls]

We can’t really avoid from getting panicked anytime without warning. It really depends on each other’s financial situation, and timers and experts aren’t exempted from that.

Most of us especially the newbies and beginners are prone to having panics while the market goes down and/or getting scammed or hacked. It’s all about understanding how the market works and accept the fact that there are no promises or astronomical guaranteed returns by just treating what we spent as “dead money”.