Do you also panic when bitcoin price falls more than 10-20% in a day ?

[eightdots]

Are you one of those who get panicked when bitcoin price falls by 10-20% in a day ? Or you are no longer affected by such price drops and continue to invest on each dip ? Any suggestions on how to control own feelings in case of such drastic drops in bitcoin price ?

Regarding Bitcoin we know how much potential Bitcoin has for the future so a 10-20% dump is not a bad comment about Bitcoin.  If one wants to make a long-term investment, one should not panic because after a period of time the price of Bitcoin will increase.  Recently Bitcoin had a big dumping but look how much it has recovered today.  While such dumping is alarming in short-term investment, it may not be a problem in the long-term.  And those who are afraid of seeing such will never be able to hold

Those who invest in Bitcoin get used to price drops and news about Bitcoin after a while. Those who realize the potential of Bitcoin are not affected by these drops, on the contrary, they see these drops as an opportunity.

Those who start investing in Bitcoin today may be affected by price drops, but those who have been investing for a long time are not affected by these drops. Those who make their investments long-term do not worry about these drops because their goals can be realized in the long term.

[MainIbem]

Regarding Bitcoin we know how much potential Bitcoin has for the future so a 10-20% dump is not a bad comment about Bitcoin.  If one wants to make a long-term investment, one should not panic because after a period of time the price of Bitcoin will increase.  Recently Bitcoin had a big dumping but look how much it has recovered today.  While such dumping is alarming in short-term investment, it may not be a problem in the long-term.  And those who are afraid of seeing such will never be able to hold

Those who invest in Bitcoin get used to price drops and news about Bitcoin after a while. Those who realize the potential of Bitcoin are not affected by these drops, on the contrary, they see these drops as an opportunity.

Those who start investing in Bitcoin today may be affected by price drops, but those who have been investing for a long time are not affected by these drops. Those who make their investments long-term do not worry about these drops because their goals can be realized in the long term.

I've come to understand that some people invest in Bitcoin with emotions and those are the ones who would get worried over and news concerning price decline, someone that's experienced several dip in Bitcoin's price would see no reason to panic or sell their coins since they're already aware of it's nature, that's why it's rare for old investors or top holders to complain during the bear market, have you ever seen or hear Michael Saylor complain about the dip? I don't think so but instead of you'll hear him talking about buying more during the bear season and despite the amount of Bitcoin his company is Hodling all they preach is buy buy buy and are yet to sell any portion of their asset. Investing in Bitcoin is best for long-term term purpose cause one would definitely yield good profits over time and would see no reason to panic but see the dip as a buying opportunity this is something every new investor should learn from.

[Zanab247]

I've been in this market for so long that I almost never react to momentary price drops. I always plan for the long term and I don't get upset when I miss momentary opportunities, I know they will come again. I don't do a lot of short-term Bitcoin trading. I can understand those who panic, many of them try to make a quick buck with futures instead of spot trading, but they usually end up losing what they have.

When you have the experience, nothing will move you when the price drop more than that in the market because you know it will going to pump higher when time come, which is the difference between new hodlers and old hodlers. The profit that attach to short term BTC business is a little profit compare to long term business which is plenty Profits because you have some sacrifice to make which is the hodling the BTC for long period of years before you can trade to earn such profits, and you will be very happy with what you will receive from the trading.

That is what I think also, short term hodlers are victims of panicking in the industry, whenever the massive bear run hit the market, and they will conclude that it will not going to pump higher again which is their mindset.

[bitLeap]

I've been in this market for so long that I almost never react to momentary price drops. I always plan for the long term and I don't get upset when I miss momentary opportunities, I know they will come again. I don't do a lot of short-term Bitcoin trading. I can understand those who panic, many of them try to make a quick buck with futures instead of spot trading, but they usually end up losing what they have.

When you have the experience, nothing will move you when the price drop more than that in the market because you know it will going to pump higher when time come, which is the difference between new hodlers and old hodlers. The profit that attach to short term BTC business is a little profit compare to long term business which is plenty Profits because you have some sacrifice to make which is the hodling the BTC for long period of years before you can trade to earn such profits, and you will be very happy with what you will receive from the trading.

That is what I think also, short term hodlers are victims of panicking in the industry, whenever the massive bear run hit the market, and they will conclude that it will not going to pump higher again which is their mindset.

Of course panic is the first thing we feel when we wake up and take our phones and check the price of Bitcoin, I was immediately confused because I didn't prepare stable coins to buy more at that time. My panic was only that, because seeing the price a few days earlier showed a very positive movement, in the market you will easily get caught up and not realize that big investors who took loans from Japanese banks were much more shocked because they had to pay an unexpected interest rate increase.

[Blitzboy]

Regarding Bitcoin we know how much potential Bitcoin has for the future so a 10-20% dump is not a bad comment about Bitcoin.  If one wants to make a long-term investment, one should not panic because after a period of time the price of Bitcoin will increase.  Recently Bitcoin had a big dumping but look how much it has recovered today.  While such dumping is alarming in short-term investment, it may not be a problem in the long-term.  And those who are afraid of seeing such will never be able to hold

Those who invest in Bitcoin get used to price drops and news about Bitcoin after a while. Those who realize the potential of Bitcoin are not affected by these drops, on the contrary, they see these drops as an opportunity.

Those who start investing in Bitcoin today may be affected by price drops, but those who have been investing for a long time are not affected by these drops. Those who make their investments long-term do not worry about these drops because their goals can be realized in the long term.

I've come to understand that some people invest in Bitcoin with emotions and those are the ones who would get worried over and news concerning price decline, someone that's experienced several dip in Bitcoin's price would see no reason to panic or sell their coins since they're already aware of it's nature, that's why it's rare for old investors or top holders to complain during the bear market, have you ever seen or hear Michael Saylor complain about the dip? I don't think so but instead of you'll hear him talking about buying more during the bear season and despite the amount of Bitcoin his company is Hodling all they preach is buy buy buy and are yet to sell any portion of their asset. Investing in Bitcoin is best for long-term term purpose cause one would definitely yield good profits over time and would see no reason to panic but see the dip as a buying opportunity this is something every new investor should learn from.

Bitcoin's volatile, folks. But precisely for this reason it requires emotional intelligence. People like Michael Saylor? They are the experts. They have seen it all and gone through the lot. They neither get overly thrilled nor panicky. They understand the game.

Its about self-knowledge not only about market knowledge. The same lesson we attempt to impart to our children is not to let every minor setback cause undue response. Plan long-term. The same is true of Bitcoin. Its a teaching in discipline and patience. Its about realizing real progress requires time.

Dont just speak numbers about Bitcoin. Talk mindset. Talk about cultivating the kind of resilience and viewpoint that result in wise choices in life as much as in business.

[Huppercase]

Those who invest in Bitcoin get used to price drops and news about Bitcoin after a while. Those who realize the potential of Bitcoin are not affected by these drops, on the contrary, they see these drops as an opportunity.

Those who start investing in Bitcoin today may be affected by price drops, but those who have been investing for a long time are not affected by these drops. Those who make their investments long-term do not worry about these drops because their goals can be realized in the long term.

I fee like people that panic when the Bitcoin price is tanking need to be arrested. The day Bitcoin make 10% to 20%, they rejoice in silent and all feel goosebumps over their body but the day it nosedive, they act like somebody is killed. That's not how real investment work, the only investment that gives you continuously without any shake is only a scam investment or high return promised investments and perhaps money invested as a politician and that's equivalent to stealing public money.

When I see Bitcoin price doing what it's known best at, I just lock up because there are people that lose money worth 10 times of what I have invested and this profit are unrealized profit. If you don't sell anything from your wallet, you lose nothing. The Bitcoin own it own will come back to the top with time, the panic is just waste of emotions and calories in my opinion.

[Kelward]

Are you one of those who get panicked when bitcoin price falls by 10-20% in a day ? Or you are no longer affected by such price drops and continue to invest on each dip ? Any suggestions on how to control own feelings in case of such drastic drops in bitcoin price ?

Regarding Bitcoin we know how much potential Bitcoin has for the future so a 10-20% dump is not a bad comment about Bitcoin.  If one wants to make a long-term investment, one should not panic because after a period of time the price of Bitcoin will increase.  Recently Bitcoin had a big dumping but look how much it has recovered today.  While such dumping is alarming in short-term investment, it may not be a problem in the long-term.  And those who are afraid of seeing such will never be able to hold

Those who invest in Bitcoin get used to price drops and news about Bitcoin after a while. Those who realize the potential of Bitcoin are not affected by these drops, on the contrary, they see these drops as an opportunity.

Those who start investing in Bitcoin today may be affected by price drops, but those who have been investing for a long time are not affected by these drops. Those who make their investments long-term do not worry about these drops because their goals can be realized in the long term.

People that plan to invest in Bitcoin needs to first gain knowledge about how it works, without making research about how it works is what causes panic for newbies during dip. If you understand that Bitcoin is volatile and have made the decision to hodl for long term then there's no reason to worry and panic about short term fluctuations. During dip is the best time to accumulate, hodl and wait for price to skyrocket, Bitcoin is a reputable asset that has proven that it's a store of value so the longer investors hodl it on the long term the higher their ROI will be.

[RockBell]

Those who invest in Bitcoin get used to price drops and news about Bitcoin after a while. Those who realize the potential of Bitcoin are not affected by these drops, on the contrary, they see these drops as an opportunity.

Those who start investing in Bitcoin today may be affected by price drops, but those who have been investing for a long time are not affected by these drops. Those who make their investments long-term do not worry about these drops because their goals can be realized in the long term.

The price for fall of bitcoin should be something that people are supposed to have gotten used to by now because situations like this not only bitcoin experience the rise and fall, this is something that occurs in all markets, being it stocks or physical markets you will still experience rise of fall. The price of bitcoin is always changing due to news and other things. The drop should be an opportunity to those that want to be accumulating, just that the method of accumulating does not work for everyone because the price might be down and you might not have funds to be able to buy, except if their is a reserve that when ever the price comes down you can buy from the reserve.

Does that actually are just investing in bitcoin may not make much money from it if they actually want to hold because If you are holding When you start holding at the price of 60k then how long are you going to wait for a very long time to make the kind of profit you want except if you want to trade. The earlier you start the better place you are to invest in bitcoins. Those that have invested for sometime now or even buy at a lesser price are not affected rather they are in profit depending on the price they buy.

[DiMarxist]

Are you one of those who get panicked when bitcoin price falls by 10-20% in a day ? Or you are no longer affected by such price drops and continue to invest on each dip ? Any suggestions on how to control own feelings in case of such drastic drops in bitcoin price ?

There are two people I know that panicking whenever the price of bitcoin falls. The first set are those who invested for short time and the second group of people are the ones who not investing but earning from campaign. Because these two set of people want bitcoin to be at the highest top at all time so that they can sell.
But foe those who are investing for long term do not panic and they are happy that the price of bitcoin is falling because they would buy more again.

[Briankimp1]

To be honest when I see such drop in Bitcoin price I feel good, cause I see the drop in price as an opportunity not a  crisis.
Since the inception of Bitcoin this has been the story line dip and make a new ATH on your way back up it’s a win win situation for those who understand and Believe in Bitcoin.

[KiaKia]

I only panic when the price goes down and I`v got no cash to buy some more

Almost the same here, but I entered at a very good time, I bought BTC at 17,500, this is very far away from my buying point, so even if Bitcoin doesn't go back to 20k I am still good, I got good amount then I don't have to buy anymore for now until the next bear market, entry point matters a lot, if target well any small DPS won't affect you a bit.

A drop is always a good time to buy, if you feel otherwise then you've done something wrong, maybe you lack the knowledge about how the market moves or you invest money that you aren't ready to lose.

[Don Pedro Dinero]

Well, no. I would say it is incompatible. If you're going to be a bitcoin holder you have to expect volatility like that as a matter of course. It's not going to happen every day but you have to be prepared for it to happen from time to time. And just like you don't have to panic when it happens on the downside, don't get too excited when it goes up by those percentages and sell early.

A drop is always a good time to buy, if you feel otherwise then you've done something wrong, maybe you lack the knowledge about how the market moves or you invest money that you aren't ready to lose.

Or to do nothing. It is very difficult to time the market, when it has fallen you don't know if it will continue to fall. For the common mortals it is better to buy every x time, as far as you can and forget about it.

[Fivestar4everMVP]

To be honest when I see such drop in Bitcoin price I feel good, cause I see the drop in price as an opportunity not a  crisis.
Since the inception of Bitcoin this has been the story line dip and make a new ATH on your way back up it’s a win win situation for those who understand and Believe in Bitcoin.

Well, I agree with you though, but only the basis that one has some money laying around somewhere with which he or she can use to take advantage of the opportunity. For what is an opportunity like this good for when you have invested every penny you have and just then, the price dips 10 to 20 percent? You are definitely going to wish you had waited a bit before buying or investing.

So, this is to tell you that even what seems or ordinarily should be an opportunity can turn out to be a nightmare because of lack of money, so, if we must be sincere with ourselves, bitcoin price dropping 10 to 20 percent in a day, can be seen as opportunity to those who have the funds to DCA back in at that lower price, for those who have initially invested everything and only waiting for the price to rise so they can sell and make some profit, such a drop can definitely be a problem for them, rather than it being an opportunity, same way a man's food, can be another man's poison.

[BlackBoss_]

Well, no. I would say it is incompatible. If you're going to be a bitcoin holder you have to expect volatility like that as a matter of course. It's not going to happen every day but you have to be prepared for it to happen from time to time. And just like you don't have to panic when it happens on the downside, don't get too excited when it goes up by those percentages and sell early

People participate in Bitcoin market know more or less about its volatility and accept risk. Some people know about volatility but don't see it as risky factor in bull market and only start to feel this risk in corrections or bear market. But the market is here, volatility exists and does not care that market participants feel about its volatility as chance or risk. It's up to market participants to understand about Bitcoin volatility and have proper strategies for either trading or investment.

So, this is to tell you that even what seems or ordinarily should be an opportunity can turn out to be a nightmare because of lack of money, so, if we must be sincere with ourselves, bitcoin price dropping 10 to 20 percent in a day, can be seen as opportunity to those who have the funds to DCA back in at that lower price,

Volatility is the same, assumes it is 10% or 20% in a day, but when price moves up people feel good but they feel bad and panic when price drops with similar percent.

They don't understand that they won't have good price growth if there is no correction and volatility is part of the game they are participating in.

[MiF]

Are you one of those who get panicked when bitcoin price falls by 10-20% in a day ? Or you are no longer affected by such price drops and continue to invest on each dip ? Any suggestions on how to control own feelings in case of such drastic drops in bitcoin price ?

Well if you get affected on that 20% drop of price in a day then i can say that you are still new in crypto or maybe you still did not experience some huge drop of its price before, bitcoin is always in a pump and dump situation for so long and it is not new to us or to those who are following the bitcoin when it is still very low at price. Bitcoin experienced so many trouble before which makes its price sink into the bottom but it rise back so for me it is not a big issue when it drops 20% in a day as long as it has a value there is a big possibility that it will rise back.

[o48o]

I've come to understand that some people invest in Bitcoin with emotions and those are the ones who would get worried over and news concerning price decline, someone that's experienced several dip in Bitcoin's price would see no reason to panic or sell their coins since they're already aware of it's nature, that's why it's rare for old investors or top holders to complain during the bear market, have you ever seen or hear Michael Saylor complain about the dip? I don't think so but instead of you'll hear him talking about buying more during the bear season and despite the amount of Bitcoin his company is Hodling all they preach is buy buy buy and are yet to sell any portion of their asset. Investing in Bitcoin is best for long-term term purpose cause one would definitely yield good profits over time and would see no reason to panic but see the dip as a buying opportunity this is something every new investor should learn from.

To be fair, it wouldn't make any sense for someone like Michael Saylor complain about the bear market, or anyone with a large enough bag, unless they were about to make a move and buy more. Influencers have moved the markets in the past and if you want your bags moving up, last thing you want to do is to sow fear.

It's unspoken contract and pretty transparent if you think of it, to try to hype everything you hold and fud competition or something you don't have (yet). No one in their right mind would cry about the price that they want to go up. That being said, i don't think that all speculators are "in their right mind". Some are self-destructive and have trouble controlling their outbursts.

[Issa56]

Those who invest in Bitcoin get used to price drops and news about Bitcoin after a while. Those who realize the potential of Bitcoin are not affected by these drops, on the contrary, they see these drops as an opportunity.

A dip in the market is what everyone should be used to, because before anyone joins crypto, they should know about the market volatility. The bitcoin price can rise and drop at any moment. Most people are always happy when there is an increase in the bitcoin price, but when there is a drop in the market, they do end up panicking and selling off their investment, which they don’t know is an opportunity to accumulate more bitcoin at a cheaper price.

Those who start investing in Bitcoin today may be affected by price drops, but those who have been investing for a long time are not affected by these drops.

That’s why, when investing in bitcoin, it should be for the long term. If you invest today, any slight dump in the market, then it’s going to affect the amount in which you invested, but if you have invested for a long time, then you will have been making good profits already, so even if there is a dump in the market, it’s not really going to affect those people.

[DaNNy001]

I've been in this market for so long that I almost never react to momentary price drops. I always plan for the long term and I don't get upset when I miss momentary opportunities, I know they will come again. I don't do a lot of short-term Bitcoin trading. I can understand those who panic, many of them try to make a quick buck with futures instead of spot trading, but they usually end up losing what they have.

When you have the experience, nothing will move you when the price drop more than that in the market because you know it will going to pump higher when time come, which is the difference between new hodlers and old hodlers. The profit that attach to short term BTC business is a little profit compare to long term business which is plenty Profits because you have some sacrifice to make which is the hodling the BTC for long period of years before you can trade to earn such profits, and you will be very happy with what you will receive from the trading.

That is what I think also, short term hodlers are victims of panicking in the industry, whenever the massive bear run hit the market, and they will conclude that it will not going to pump higher again which is their mindset.

Well what do you expect them to do especially when their target is to possibly get the little they can from the market and then you wake up and see the price already showing red all long, it will definitely give you a panic and again it's probably because they still have the mentality that Bitcoin might suddenly draw or drop back to maybe $20k so everytime the market turns red they fear for the inevitable that's playing on their taught but that's not the same case for other crypto enthusiast.

[GigaBit]

To be honest when I see such drop in Bitcoin price I feel good, cause I see the drop in price as an opportunity not a  crisis.
Since the inception of Bitcoin this has been the story line dip and make a new ATH on your way back up it’s a win win situation for those who understand and Believe in Bitcoin.

I have been in cryptocurrency for a long time. I observed a few halving events very well especially I was optimistic about the last halving. I knew Bitcoin would create the new all time high. I'm trying my best to hold Bitcoin by following DCA. I am not concerned about the price of Bitcoin. I know that Bitcoin will recover even if it takes a big fall. I rather consider the time when the price falls as a buying opportunity. I plan on long term holdings of Bitcoin. I know this bitcoin price will show ups and downs so I'm not too worried about it.

[Bd officer]

Are you one of those who get panicked when bitcoin price falls by 10-20% in a day ? Or you are no longer affected by such price drops and continue to invest on each dip ? Any suggestions on how to control own feelings in case of such drastic drops in bitcoin price ?

In my case, I would never panic because if the price of Bitcoin falls, it can recover quickly. Bitcoin price dropped from $70k to $48k a few days ago but the market is starting to recover. We must remember that investing in Bitcoin is a long-term investment. So before investing in Bitcoin you should have a plan to hold your investment for long term. Now if you can hold the investment for long term then you can definitely profit. Long-term investors never panic when Bitcoin price falls but instead try to increase their investment amount when Bitcoin price falls. So you don't panic when the price of bitcoin goes down, you have to believe that the price of bitcoin will go up a lot in the future.