Mpamaegbu
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December 04, 2022, 10:54:23 AM |
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~snipped~
as there will always be people which invested too much money, which need to sell due to some emergency or simply they are afraid the price could crash even further This is why anybody in this industry who've had a little understanding of how it works through an experience of a complete Bitcoin circle will tell you it's not a wise thing to invest with cash you will miss. The simple logic there is to just invest the cash and move on like you never invested anything at all. Bury the money and wait patiently for the harvest season. To many, that's a hard thing to do because they want to see their investments grow daily. That isn't how investment works (at least, not so in this industry).
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stadus
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December 04, 2022, 11:01:53 AM |
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It is not everybody because they have some people have left and keep holding and waiting for recovery. But yeah, panicking is certainly expected during this bear season and especially when we keep seeing no signs of market recovery. Likely, if you are new in the crypto world you'll be thinking about the collapse of the market.
Fortunately, not all have that kind of thinking. Whales and those who have faith in crypto remain calm while the others are busy selling their coins.
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maydna
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December 04, 2022, 02:59:35 PM |
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Market panic is inevitable, and many people will panic because the price will drop and lose money. When the crypto market is well understood and has more comprehensive knowledge and experience, the fear can be better controlled. An experienced investor or trader who believes that the cryptocurrency will continue to rise one day and be able to make huge profits.
If they can stay calm when the market is down, they won't rush to sell their coins and can even buy more coins for a larger amount. We have to realize this as well as possible because, with a declining market position, we are still allowed to get more coins. A wise investor or trader can control their emotions when the market is undergoing a correction and will not panic because it is useless to them. We also have to avoid panic because otherwise, we will miss a good opportunity to increase the number of coins. Panic will cause us to lose focus on everything because what we think about is the amount of loss that will be received. That is why panic is a big enemy for an investor or trader. If you can't control it, then be prepared to do something you really don't want to do, and you will wake up after doing it. Even so, we cannot blame people who have a high level of panic, because we know what their psychological state is like when they see market conditions that are experiencing very deep corrections. There will be nothing to gain if they can't overcome the panic that comes to them when the market goes through a correction. They will not be able to see an opportunity to accumulate larger amounts during a correction but only think about how not to suffer huge losses. But we also can't suggest anything to them because when they panic, they won't be able to listen to the advice of others. And hopefully, if the price keeps dropping, they won't panic and can calm down easily.
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GeorgeJohn
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December 04, 2022, 03:16:22 PM |
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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.
When market crash it affects every persons, their is no person that's not exempted provided that it's cryptocurrency investment, you can buy and hold when the price of Bitcoin in particular is in high and the price stabilize to the extend that even till when you think is your time frame of long term investment, so i believe that cryptocurrency price is something you will be investing according down grade value of the market rotation, so i believe that market is generally.
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Bhig Daddy
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December 04, 2022, 07:25:14 PM |
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Ignorance about bitcoin and cryptocurrencies, which also leads to a lack of confidence in these technologies generally, is what causes panic, in my opinion. A situation like this makes it impossible for newbies who are simply interested in Bitcoin to remain composed. What emotions do you think a newbie who paid $30k for Bitcoin and now it only costs $16k per Bitcoin will be experiencing? He'll surely be unsure on whether or not to sell.
And many people are in a panic because they invested something they thought they had not invested, especially those who are timing Bitcoin market prices in the hopes that if they put a large sum of money they will earn greatly over time if the market rises.
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AakZaki
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December 05, 2022, 06:13:40 PM |
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When coins are sold in a bear market, it does not always signal panic. After all, there is such a category of investors who do not want to simply sit out a drawdown for several years until the market becomes bullish again. Because the only correct solution in a bear market is fiat money, which will allow you to increase your position in the crypt.
Fair point. I’m doing this method too when there’s a clear sign of bearish market on a longer time frame. I don’t want to sit my money on crypto since I know that the price will just dump later while I can use the converted fiat to purchase later once the price finally plummet. But the majority of tokens that being sold on bear market are from panic sellers. You can pin point them when the coin is being dump near the price support because panic seller doesn’t care much about supports during bearish market. The clear sign of this event is the long price wick on the chart. The price dump in fast rate then recover quickly too. [/quote] Holding Fiat during a bearish market is indeed the right choice, but if we have limited Fiat, we must be able to do good management. Doing a buyback on every strong support would be better. People who panic really can't think of anything, they will sell even though the strongest support has not been crossed. it is our chance to step in and buy from the panic of others. A quick downturn and recovery will occur, it's an opportunity to catch at a good price, flash dump and flash pump.
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GeorgeJohn
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December 05, 2022, 07:43:11 PM |
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Market panic is inevitable, and many people will panic because the price will drop and lose money. When the crypto market is well understood and has more comprehensive knowledge and experience, the fear can be better controlled. An experienced investor or trader who believes that the cryptocurrency will continue to rise one day and be able to make huge profits.
Their is some extent some people don't need to panic concerning cryptocurrency market value, because at this point whoever that knows cryptocurrency very well supposed to know that before Bitcoin price go below nineteen thousand, (9k) that means it will be very rigid or difficult before the price can increase, the particular price of Bitcoin now is seventeen thousand (17k) so the price is either to accelerate or it remains stagnant from my observation.
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QueenVera
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December 05, 2022, 07:44:54 PM |
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The market has been through this kind of situation so I wonder why there are still people who can't deal with it. They still fear it instead of celebrating because they could purchase potential coins at a lower price which is a good preparation so when the market recovers, they will gain huge profits. It's the perfect application of buy low and selling high.
The reason there's so much fear in the market is because of lack of experience. While the market has been through this bear times before, most investors haven't and that's because they usually come in during the bull market when everything is looking positive. So many investors bought at the top as they were expecting more upwards moving with a target of $100k since it was been speculated by most top influencers. Also we have those that put in their life savings and some even borrowed money to invest since there were prediction of more increase in price but unfortunately the market had alternative plans and now this users are panicking.
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freedomgo
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December 05, 2022, 09:19:54 PM |
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Newcomers in the blockchain are most likely the people who do panic selling or panicking in this kind of situation of the market. It is either they bought at $20,000 and the price dumps even more, so they are thinking silly possibilities like it would not go up again and their money would be gone to waste in the long run, something like that or even more worst scenario. Once they get used to bearish market, they will completely act different and will not panic again in the next bearish market.
When coins are sold in a bear market, it does not always signal panic. After all, there is such a category of investors who do not want to simply sit out a drawdown for several years until the market becomes bullish again. Because the only correct solution in a bear market is fiat money, which will allow you to increase your position in the crypt. I get your point. Some would have not been into panic selling but only want to see fast progress for their investments and waiting for a market recovery is just a waste of time. While others are patient enough for long term hodling, some will just chose to withdraw their capital and just invest into investments outside crypto which I think not only for newbies but even for some higher positions in crypto.
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dunfida
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December 05, 2022, 09:47:10 PM |
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Newcomers in the blockchain are most likely the people who do panic selling or panicking in this kind of situation of the market. It is either they bought at $20,000 and the price dumps even more, so they are thinking silly possibilities like it would not go up again and their money would be gone to waste in the long run, something like that or even more worst scenario. Once they get used to bearish market, they will completely act different and will not panic again in the next bearish market.
When coins are sold in a bear market, it does not always signal panic. After all, there is such a category of investors who do not want to simply sit out a drawdown for several years until the market becomes bullish again. Because the only correct solution in a bear market is fiat money, which will allow you to increase your position in the crypt. I get your point. Some would have not been into panic selling but only want to see fast progress for their investments and waiting for a market recovery is just a waste of time. While others are patient enough for long term hodling, some will just chose to withdraw their capital and just invest into investments outside crypto which I think not only for newbies but even for some higher positions in crypto. When it comes to investment then diversification would always been ideal which it doesnt really make you focus on one point, as long your money or funds do really permits or does have the capability then you should really be doing this.In the time that there are some declines then you wont easily get panicked since you do know behind that you do have other various sources which could easily patch up those losses or negative.We are just indeed humans and there's no way that we cant panic even we do say that we are that already experienced. Only into those people who do have that good control of their emotions and minds could always make that right decision.
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rozak
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December 05, 2022, 11:21:40 PM |
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The market has been through this kind of situation so I wonder why there are still people who can't deal with it. They still fear it instead of celebrating because they could purchase potential coins at a lower price which is a good preparation so when the market recovers, they will gain huge profits. It's the perfect application of buy low and selling high.
The reason there's so much fear in the market is because of lack of experience. While the market has been through this bear times before, most investors haven't and that's because they usually come in during the bull market when everything is looking positive. So many investors bought at the top as they were expecting more upwards moving with a target of $100k since it was been speculated by most top influencers. Also we have those that put in their life savings and some even borrowed money to invest since there were prediction of more increase in price but unfortunately the market had alternative plans and now this users are panicking. experienced traders and investors may not be affected by market conditions. but what happens to new traders and investors, creates enough psychological stress to make them panic. this is something that naturally happens to beginners. but after they know how this market works longer, of course, they will be more stable in determining the plan.
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Oceat
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December 05, 2022, 11:28:34 PM |
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experienced traders and investors may not be affected by market conditions. but what happens to new traders and investors, creates enough psychological stress to make them panic. this is something that naturally happens to beginners. but after they know how this market works longer, of course, they will be more stable in determining the plan.
Even an experienced traders/investors will still get affected with the market condition it's all about how to control yourself in this kind of situation that's why they will be able to last long than those who haven't had any experience. What OP saying was true, it's all about the greed and fear you should maintain yourself in the middle or do something of what the market condition and try to take that as an advantage. If there's a lot of fear means it's bearish and dropping then you wait and buy since it gets cheaper.
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3996
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GreatArkansas
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December 06, 2022, 02:24:03 AM |
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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 (....)
And also stop watching the price of Bitcoin or chart from time to time. It will not help you. If your goal is for the long term, you don't need to observe the chart 24/7. Go out, meet someone or do some things that will help you to avoid watching charts from time to time.
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Sebas.tian
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December 06, 2022, 03:39:24 AM |
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The market has been through this kind of situation so I wonder why there are still people who can't deal with it. They still fear it instead of celebrating because they could purchase potential coins at a lower price which is a good preparation so when the market recovers, they will gain huge profits. It's the perfect application of buy low and selling high.
Many people has used this opportunity to understand the reason why they need to hold their coins and watch for them not to experience low income in the crypto market. This is the best period to buy cryptocurrency and hold to be part of those that will celebrate when the price finally increase higher for those that think the price will never increase again in the market to know that market price is unpredictable. I don't think, bearish market will last longer in this month of December because there are some signs of cryptocurrency improvement for traders to know that bullish market is about to take place in the market for people to stop panicking.
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tvplus006
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To the moon
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December 06, 2022, 05:24:09 PM |
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The market has been through this kind of situation so I wonder why there are still people who can't deal with it. They still fear it instead of celebrating because they could purchase potential coins at a lower price which is a good preparation so when the market recovers, they will gain huge profits. It's the perfect application of buy low and selling high.
Yes, now is a good time to shop, but only if you have the money for it. For such purchases, it was necessary to sell at high or now bring new money that you earned in real life. But most of them are watching from the sidelines as their deposit decreases, since they decided to sit out the bear market by holding coins.
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carlfebz2
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December 06, 2022, 07:28:12 PM |
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The market has been through this kind of situation so I wonder why there are still people who can't deal with it. They still fear it instead of celebrating because they could purchase potential coins at a lower price which is a good preparation so when the market recovers, they will gain huge profits. It's the perfect application of buy low and selling high.
Yes, now is a good time to shop, but only if you have the money for it. For such purchases, it was necessary to sell at high or now bring new money that you earned in real life. But most of them are watching from the sidelines as their deposit decreases, since they decided to sit out the bear market by holding coins. Not all does have the capability on doing such stuffs and ending up on holding with their current holdings into their stashes and some even if they do have the money but the confidence on doing so isnt there. This is why we do really see various decisions in relation to this one.People are really that impulsive and highly that emotional when it comes to their money specially to those who are in negative. FUD is something that very common within markets not only on crypto space but also in other markets as well.So this is why its a matter into those people who do have sufficient awareness and experience would really be having the advantage.
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blockman
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December 06, 2022, 08:47:25 PM |
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Even an experienced traders/investors will still get affected with the market condition it's all about how to control yourself in this kind of situation that's why they will be able to last long than those who haven't had any experience. What OP saying was true, it's all about the greed and fear you should maintain yourself in the middle or do something of what the market condition and try to take that as an advantage.
If there's a lot of fear means it's bearish and dropping then you wait and buy since it gets cheaper.
And also what you do during this situation, those that are becoming greedier for this season of a bearish trend. They're doing the right thing and they're greedy in terms of buying more because they know that the market will recover no matter what happens. While those that only becomes greedy during the bull run, they'll just learn the lesson out of it that they'll be aware that they should take every moment to make profit when they can.
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Ojima-ojo
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December 06, 2022, 09:03:43 PM |
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I don't see any need for this advice because if there are no weak hands the whale will not make more money and the less volatile bitcoin will become less, we don't need everyone to be knowledgeable and grounded in Bitcoin knowledge and that is what always leads to panic action in whatever market condition. So while those who know previous market conditions, know that this is a circle, others without adequate knowledge will be it as an end to Bitcoin and are ready to cut losses by selling their bitcoin at low DAC.
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Hypnosis00
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December 06, 2022, 09:57:02 PM |
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Even an experienced traders/investors will still get affected with the market condition it's all about how to control yourself in this kind of situation that's why they will be able to last long than those who haven't had any experience. What OP saying was true, it's all about the greed and fear you should maintain yourself in the middle or do something of what the market condition and try to take that as an advantage.
If there's a lot of fear means it's bearish and dropping then you wait and buy since it gets cheaper.
And also what you do during this situation, those that are becoming greedier for this season of a bearish trend. They're doing the right thing and they're greedy in terms of buying more because they know that the market will recover no matter what happens. While those that only becomes greedy during the bull run, they'll just learn the lesson out of it that they'll be aware that they should take every moment to make profit when they can. They put greed in a good situation and in the right place and buying is really a great opportunity at this bearish time. Fear is the feeling of a person who is not trusting Bitcoin and newbies but if we are here for many years and have experience in bear seasons, we actually can't feel about it. If I only have a lot of money, I also never lose this time to buy more. I don't judge someone for being greedy because they do this for some reason while others did nothing. It is really a game of life.
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GeorgeJohn
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December 06, 2022, 10:12:15 PM |
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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 (....)
And also stop watching the price of Bitcoin or chart from time to time. It will not help you. If your goal is for the long term, you don't need to observe the chart 24/7. Go out, meet someone or do some things that will help you to avoid watching charts from time to time. Yeah you are right that watching of the price of Bitcoin regularly will not add anything in my life, so i believe that Bitcoin price is something that we watch over and over to know exactly if the price is accelerating or not. But actually if you are into long run of Bitcoin or any other coin investment, your mind will be in the price of current price of the market. So i will say that the investors particular will not be curious of monitoring the market because it's long run investment.
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