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

[Mr.right85]

In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.

[Rengga Jati]

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 .

We cannot deny that there are still many people who know about this. In fact, many beginners only understand the benefits of investing in crypto which can make you rich suddenly, but they don't want to accept the risk involved in this investment.

Not everyone understands the existence of this cycle. And some people who understand still feel panicked and worried because they still have too high expectations for this crypto investment. Their mindset will be difficult to change, and they will continue to have fear and panic.

They put greed in a good situation and in the right place and buying is really a great opportunity at this bearish time.

I am sure that this is not greed but still under their target based on their calculations and considerations. Greed is when they want more but it is out of their reach and immeasurable. Then, they are not ready for the opposite. Being greedy, panic, and fear at once will be very harmful in the crypto industry, whatever the strategy.

[LastKiss]

In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.

I agree, if we're not daily traders and prefer long-term then it's better just to buy now and come back after a few years when we hear another bull run. There's a lot of FUD out there that makes new investors afraid to wait for long term since they're new to this high volatility. If we don't have enough experience that builds our mentality it's better to invest for the long term and pick the best altcoin according to coinmarketcap.

[Osama Maaz]

 Every market have a bear and bull cycle but crypto field is a young market and highly volatile with large institutes / whales investment  and We know trading is a competition then if you sell your crypto in lose it only your fault, So learn the chart history the dump is not happening first time , Take a lot of knowledge and experience that in future is there any situation about to happen you already have an exit plan .

[Fatunad]

In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.

I agree, if we're not daily traders and prefer long-term then it's better just to buy now and come back after a few years when we hear another bull run. There's a lot of FUD out there that makes new investors afraid to wait for long term since they're new to this high volatility. If we don't have enough experience that builds our mentality it's better to invest for the long term and pick the best altcoin according to coinmarketcap.

You would be finding for yourself on how you would really be able to deal up with trading and since we do have different ways on how to approach things then it is really that normal to have those reactions.
Panic is something a very normal emotion that could really be felt off since we dont really like to lose and if we do see lots of negative news around then it is really just normal to have this kind of reaction.
Trading is never been a game but rather treat it as an business or venture which it is something that really worth to deal on and needing up for you to be serious.
You cant just make this like a gambling thing because thats not how it works.

[Ziskinberg]

In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.

You are just making yourselves very stressed as we can never change the direction of the market.
Panic and fear as been accumulated and it gives a terrible effect on the market prices and it turns it down badly. But we have seen these changes very common in a volatile and decentralized market. And I've found out that checking the market trend every day becomes unhealthy and sometimes it triggers uncertainties that is why I stay away from doing it just to give peace of mind.

[jossiel]

Every market have a bear and bull cycle but crypto field is a young market and highly volatile with large institutes / whales investment  and We know trading is a competition then if you sell your crypto in lose it only your fault, So learn the chart history the dump is not happening first time , Take a lot of knowledge and experience that in future is there any situation about to happen you already have an exit plan .

And when the projection of the value of the crypto you hold is at loss then that's paper loss, you'll totally loss if you started selling it.

It's normal to see people react in panic because I've been there too. I don't think that it will be better before when I've started to understand of how this market is highly volatile.

After all of those years of learning, I've started to realize that whoever gets to panic sold at losses will not win due to the emotion but still can recover.

[tvplus006]

...After all of those years of learning, I've started to realize that whoever gets to panic sold at losses will not win due to the emotion but still can recover.

There are various reasons why you have to sell your coins and fix a loss. In some cases, investors sell their coins to buy them later at a lower price. We all remember how Tesla sold 75% of its BTC at a loss. Since then, the price of bitcoin has decreased by about 2 times, which means that Tesla can buy 2 times more bitcoins for the same money.

[Ryker1]

...After all of those years of learning, I've started to realize that whoever gets to panic sold at losses will not win due to the emotion but still can recover.

There are various reasons why you have to sell your coins and fix a loss. In some cases, investors sell their coins to buy them later at a lower price. We all remember how Tesla sold 75% of its BTC at a loss. Since then, the price of bitcoin has decreased by about 2 times, which means that Tesla can buy 2 times more bitcoins for the same money.

Well you have a point here --but that is quite risky, I believe that Tesla company willing to gamble its money in that way. Because you don't know when the price drop and when it will go up. Perhpas when they are doing that, they have a backup plan, and they know how to play money as an investment. But for us who are always afraid of losses, we never sell at the loss point, because we don't have a backup fund when the price continues to drop.

[jossiel]

...After all of those years of learning, I've started to realize that whoever gets to panic sold at losses will not win due to the emotion but still can recover.

There are various reasons why you have to sell your coins and fix a loss. In some cases, investors sell their coins to buy them later at a lower price. We all remember how Tesla sold 75% of its BTC at a loss. Since then, the price of bitcoin has decreased by about 2 times, which means that Tesla can buy 2 times more bitcoins for the same money.

That is if that's the plan, to rebuy at a lower price. But those that I know of, didn't buy when the price fell more but instead, they took the cash and forgot the market.

It's a good strategy for those who have been doing it for most times when the market is uncertain and most likely is about to have some more dump.

[wxa7115]

There are various reasons why you have to sell your coins and fix a loss. In some cases, investors sell their coins to buy them later at a lower price. We all remember how Tesla sold 75% of its BTC at a loss. Since then, the price of bitcoin has decreased by about 2 times, which means that Tesla can buy 2 times more bitcoins for the same money.

That is if that's the plan, to rebuy at a lower price. But those that I know of, didn't buy when the price fell more but instead, they took the cash and forgot the market.

It's a good strategy for those who have been doing it for most times when the market is uncertain and most likely is about to have some more dump.

And that is a huge problem with that strategy, if the price goes up after they sell then they are going to be very reticent about buying the same coins for a higher price.

However even if they happened to be right and the price went down those people are now going to begin to wonder if the price will go down even further after they buy, so they will be stuck in a cycle in which they will not know what to do, so while such a strategy may seem to have its uses, when you actually try to implement the strategy it becomes quite difficult to do it correctly.

[Mpamaegbu]

~snipped~

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.

Especially, go out and meet senoritas if you're a good fella. Advice taken 😆. Well, the "stop watching the price of Bitcoin or chart from time to time" can only work for investors but not for traders who constantly it's consequent on them to do so. To be honest with you it's even time wasting to expect any upward movement from Bitcoin at the moment because it's a bear season. The only advisable thing to do now I'll be to Dollar Cost Averaging (DCA) on it. Buy bits if you can't afford a whole at once. Not to buy at all will be an action that will be regretted by this time in 2023.

[tvplus006]

There are various reasons why you have to sell your coins and fix a loss. In some cases, investors sell their coins to buy them later at a lower price. We all remember how Tesla sold 75% of its BTC at a loss. Since then, the price of bitcoin has decreased by about 2 times, which means that Tesla can buy 2 times more bitcoins for the same money.

That is if that's the plan, to rebuy at a lower price. But those that I know of, didn't buy when the price fell more but instead, they took the cash and forgot the market.

It's a good strategy for those who have been doing it for most times when the market is uncertain and most likely is about to have some more dump.

And that is a huge problem with that strategy, if the price goes up after they sell then they are going to be very reticent about buying the same coins for a higher price.

However even if they happened to be right and the price went down those people are now going to begin to wonder if the price will go down even further after they buy, so they will be stuck in a cycle in which they will not know what to do, so while such a strategy may seem to have its uses, when you actually try to implement the strategy it becomes quite difficult to do it correctly.

Obviously, companies like Tesla have a team of economists who can assess the current and future state of the market. And regardless of our desires, we see that the price of bitcoin correlates with the S&P 500 index, which means it is possible to predict the movement of BTC based on these economic assumptions. Therefore, it was decided that the price of bitcoin would decrease and there would be an opportunity to redeem coins at a lower price.

[Pamadar]

Every market have a bear and bull cycle but crypto field is a young market and highly volatile with large institutes / whales investment  and We know trading is a competition then if you sell your crypto in lose it only your fault, So learn the chart history the dump is not happening first time , Take a lot of knowledge and experience that in future is there any situation about to happen you already have an exit plan .

And when the projection of the value of the crypto you hold is at loss then that's paper loss, you'll totally loss if you started selling it.

It's normal to see people react in panic because I've been there too. I don't think that it will be better before when I've started to understand of how this market is highly volatile.

After all of those years of learning, I've started to realize that whoever gets to panic sold at losses will not win due to the emotion but still can recover.

Recover when you realized that you are making a big mistake in following the market downfall, though like what you have said, we came from that situation where fears really affect our investment.

When you see the market suffering with heavy downfall, the chance that you will sell thinking that avoiding
to lose a lot is practical than holding and letting go the whole amount of your investment.

That's a loss and regret will follow once the market start to pump back and recovers.

[xSkylarx]

 Every market have a bear and bull cycle but crypto field is a young market and highly volatile with large institutes / whales investment  and We know trading is a competition then if you sell your crypto in lose it only your fault, So learn the chart history the dump is not happening first time , Take a lot of knowledge and experience that in future is there any situation about to happen you already have an exit plan .

History repeat it self that is mostly what you can hear from the traders because those experienced trader will already noticed  that it already happened before though back checking the chart cost you a lot of time but it is a good try since you can predict the possible move of the market. Also strategy is the key since that is where it measure your skills and where you can earn profit, dont forget also the risk rewards ratio and risk management so that you will not lose all of your money

[Memorabilia]

This is true, it is a game of greed and fear. Don't allow fear to take over positive thoughts. It is simple, if you stay patient and alert, you’ll notice that BTC always picks up! Have faith.

[Silberman]

 Every market have a bear and bull cycle but crypto field is a young market and highly volatile with large institutes / whales investment  and We know trading is a competition then if you sell your crypto in lose it only your fault, So learn the chart history the dump is not happening first time , Take a lot of knowledge and experience that in future is there any situation about to happen you already have an exit plan .

History repeat it self that is mostly what you can hear from the traders because those experienced trader will already noticed  that it already happened before though back checking the chart cost you a lot of time but it is a good try since you can predict the possible move of the market. Also strategy is the key since that is where it measure your skills and where you can earn profit, dont forget also the risk rewards ratio and risk management so that you will not lose all of your money

While it is true that markets are cyclical and that in the case of bitcoin we roughly know how long it will take for the cycle to repeat itself, it is completely different to know this than to actually experience it, I have already gone though a bear market before so it is obvious I am not panicking like the newbies, but I will admit that my first bear market was way more difficult to go through, and if it was not for my firm belief in bitcoin I would have sold my coins like many people did back then, so it is possible many newbies are finding themselves in the same situation and they are unable to hold their coins because of this.

[Mahanton]

 Every market have a bear and bull cycle but crypto field is a young market and highly volatile with large institutes / whales investment  and We know trading is a competition then if you sell your crypto in lose it only your fault, So learn the chart history the dump is not happening first time , Take a lot of knowledge and experience that in future is there any situation about to happen you already have an exit plan .

History repeat it self that is mostly what you can hear from the traders because those experienced trader will already noticed  that it already happened before though back checking the chart cost you a lot of time but it is a good try since you can predict the possible move of the market. Also strategy is the key since that is where it measure your skills and where you can earn profit, dont forget also the risk rewards ratio and risk management so that you will not lose all of your money

While it is true that markets are cyclical and that in the case of bitcoin we roughly know how long it will take for the cycle to repeat itself, it is completely different to know this than to actually experience it, I have already gone though a bear market before so it is obvious I am not panicking like the newbies, but I will admit that my first bear market was way more difficult to go through, and if it was not for my firm belief in bitcoin I would have sold my coins like many people did back then, so it is possible many newbies are finding themselves in the same situation and they are unable to hold their coins because of this.

Every first time situation would really be that hard or a very common experience for a noob or into those people who dont able to experience at first.For sure or pretty sure you would be freaking out or do mind boggled
on whats happening in the market? This isnt the thing you've been expecting for but on the time that you had able to gain up sufficient experience then this is where real dealing would be starting.
On the recent or current price situation where the market turns out to be green, then it would be normal that people would be already reacting that this might be the start of the bull
run which its actually not or no one really knows on when it would be.This is why we do keep on speculating.

[Sikinkato]

In trying to put more pressure on the market by constantly monitoring a supposedly long term bitcoin or cryptocurrency investment, one ends up putting pressure on themselves as, the market is and will always remain a collective effort from the whales to make any huge difference.

The market is a highly volatile environment and most times more than  anticipated, it always looks as though your loosing, as though it was set against you and that builds pressure on you as an investor. Pushes you not to invest or sell your crypto portfolio due to phobia of further falls.

Staying away the charts becomes a reliable strategy to be in the market not minding the market condition.

Panic is inevitable. The market is unpredictable and they don't know what to expect. Many traders or investors will panic because the price will continue to fall and lose money. When they have a better understanding of the crypto market and more experience, they can properly control their emotions and reduce panic.

[lienfaye]

There are various reasons why you have to sell your coins and fix a loss. In some cases, investors sell their coins to buy them later at a lower price. We all remember how Tesla sold 75% of its BTC at a loss. Since then, the price of bitcoin has decreased by about 2 times, which means that Tesla can buy 2 times more bitcoins for the same money.

That is if that's the plan, to rebuy at a lower price. But those that I know of, didn't buy when the price fell more but instead, they took the cash and forgot the market.

It's a good strategy for those who have been doing it for most times when the market is uncertain and most likely is about to have some more dump.

And that is a huge problem with that strategy, if the price goes up after they sell then they are going to be very reticent about buying the same coins for a higher price.

However even if they happened to be right and the price went down those people are now going to begin to wonder if the price will go down even further after they buy, so they will be stuck in a cycle in which they will not know what to do, so while such a strategy may seem to have its uses, when you actually try to implement the strategy it becomes quite difficult to do it correctly.

I think it's quite normal to have doubts and asking if you made the right decision to sell on the value that you think is the peaked price and buy during price declining then worrying if it's the bottom. Why worry if you already made profit for selling? The same goes if you had a discount for buying at cheap price? We can't predict what might happen next thus if our decision is not too bad then we should not dwell on it. Just don't panic buying/selling to avoid possible losses, otherwise you'll regret your decision after.