Are you in panic whenever there is a big drop in price? - page 16.

DarkDays

legendary

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Quote from: DeathAngel on January 11, 2021, 10:55:59 AM

I am a HODLER!
Sure seeing a big drop isn’t pleasant but I’ve learnt over the years now to panic. We were at $3,xxx per BTC in March. Current price is still a massive increase from there. The current dumping will soon stop & we’ll see more ATH’s later in 2021. We are at the start of a bull market remember, there are always corrections on the way.

I totally get what you are saying but at times like these it seems very difficult to hold on. You never know what 'this time might bring' and I would not point at people who can't take this stress anymore.

You're right, this is a correction, but many are still wondering if this is yet? What do you lot think, and what what your reaction to the drops?

jacafbiz

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PredX - AI-Powered Prediction Market

A good trader will know that this pump is not sustainable, we have seen the price move from $10k to $40k and we should expect a correction, I expect Bitcoin to correct and allow Altcoins also to shine, most of the gains in Altcoins since October has been as Bitcoin price going up. Take profit now if you can't swallow what you are seeing the in the market

Roidz

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1XBit.com

It is natural if indeed in crypto there is a price decline and this certainly does not have to make us experience panic, every price correction that occurs of course we should be able to make the best use of it, for example when prices fall isn't it a good opportunity for us to buy crypto at a price cheap one? after all, every time there is a price decline, usually a crypto takes the opportunity to go back up in price, for example, when bitcoin some time ago fell almost $ 20K then went back up until it reached the current price of $ 30K

Fesatmas

sr. member

Activity: 2268

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The physical condition of a person will certainly experience panic, but according to the portion where they have a burden or not. In fact, in assessing the current decline in prices, I think that all cryptocurrency users will feel panic, but what distinguishes it lies in the burden of those who buy at a fairly high price and are carried away so deeply. (In general it must be panic). Then panicking against this beginner will be very successful in the decision to take losses with the fear of losing even more (and is ongoing today).

As much as possible control our emotions, and try to stay calm, all possibilities will happen. Remember that before entering the market, the risks are agreed upon in non-writing. Grin

bitbollo

legendary

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Nec Recisa Recedit

No, absolutely not. Why panic?
Prices should have a correction after touching some value , so I am not surprised.
each time there is a big drop on price I think that it's a nice chance to get some bitcoin at discounted price Wink

and also is a good chance for place some "sell" order in kraken... today everyone seem focused to this price drop. meanwhile price has gained more than 80% from the last month!

tanglong

member

Activity: 169

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Personally, I am mentally prepared for Bitcoin falling fast today. Because Bitcoin cannot keep going up and dragging Altcoins. Bitcoin dropped so fast that my coins fell so I did not panic but accept it as the rule of the crypto market that Bitcoin is the protagonist. we expect there will be a rebound in time.

Baihaki Khaizan

full member

Activity: 700

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in my opinion it is very natural for someone to feel panic because of a very heavy price drop, but there are also traders who are so familiar with charts that a decline in coin prices is the greatest opportunity to make a large investment, so don't be pessimistic, stay focused on the mission you to reach the perfect dream.

IkonaDro4ku

member

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I have been trading in the market for four years now and after rising and falling in 2017, I know what to expect from the market whatever therefore now I always have a plan of action and my trade has become calmer now.

tvplus006

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To the Moon

Quote from: lumokupong21 on January 11, 2021, 11:38:15 AM

This is very felt for traders, and also I am personally very surprised and surprised to see such a rapid decline in the 24 hour category, and I am sure all Bitcoin lovers feel panic in experiencing this kind of situation. Hopefully this is only for a while ..? Huh

Only those who have managed to fix their profits are calm and are now watching the market, waiting for the right moment to buy cryptocurrency again. The rest are nervous about reducing their deposit, experiencing FOMO. It seems that bitcoin can only stop at the level of 30 thousand dollars.

kentrolla

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Quote from: aioc on January 11, 2021, 10:45:16 AM

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

To be honest I always prefer to buy only if the price drops and I think that's the best opportunity crypto coins are giving us, you should not enter the market when the price is too high all you need to do is wait patiently and analyse the market. yes definitely this drop has been a hot topic as BTC has dropped nearly 20% and I don't this is a temporary correction. Obviously panic and nervousness will be in everyone because this huge drop is a big loss right, so this is not the right time to buy as well.

Handsome Boy

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I ❤ ₿itcoin and Ethereum

Quote from: aioc on January 11, 2021, 10:45:16 AM

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

I don't panic and still believe if the price of Ethereum that I own will increase again, therefore I still hold my Ethereum, because in my opinion this is a natural movement of the market situation and of course this is my chance to buy more Ethereum and hold, because I believe that soon the price of Ethereum will increase again and give me a big profit.

lumokupong21

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FRX: Ferocious Alpha

This is very felt for traders, and also I am personally very surprised and surprised to see such a rapid decline in the 24 hour category, and I am sure all Bitcoin lovers feel panic in experiencing this kind of situation. Hopefully this is only for a while ..? Huh

didzi

sr. member

Activity: 1092

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Hodlers Network

Quote from: JeotQ on January 11, 2021, 11:12:47 AM

What's sadden presently is after the huge ATH of Bitcoin all altcoins aren't surging high like that of January 2018, this is disturbing to say the truth, is it already over for altcoins? Is there still possibility that altcoins will surge high in near future? All I can see here is just bitcoin, Ethereum and very few altcoins

i thin there is a possibility for altcoins to grow high and create new ATH in this year, but only a good altcoins not a shitcoins my friend
by the way, you don't need to be worry with this dump, because big whales just do a profit taking actions buddy

JeotQ

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What's sadden presently is after the huge ATH of Bitcoin all altcoins aren't surging high like that of January 2018, this is disturbing to say the truth, is it already over for altcoins? Is there still possibility that altcoins will surge high in near future? All I can see here is just bitcoin, Ethereum and very few altcoins

coinswebid

sr. member

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Quote from: aioc on January 11, 2021, 10:45:16 AM

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

no, i don't
because market will not always up or down, a corrections will always coming to any market my friend
thats why i always put a realistic target to get an enough profit

aioc

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Quote from: DeathAngel on January 11, 2021, 10:55:59 AM

I am a HODLER!
Sure seeing a big drop isn’t pleasant but I’ve learnt over the years now to panic. We were at $3,xxx per BTC in March. Current price is still a massive increase from there. The current dumping will soon stop & we’ll see more ATH’s later in 2021. We are at the start of a bull market remember, there are always corrections on the way.

I guess those who bought Bitcoin lately on the recent all time high are nervous seeing that the price is going down again, I hope it's not another dejavu, I read a guy who bought on the 2017 all time high and have waited two years before he lose hope and sold it, I hope there will be no repeat of that, this is our second experience on all time high so we are loss if there is a repeat or we keep on moving.

DeathAngel

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#1 VIP Crypto Casino

I am a HODLER!
Sure seeing a big drop isn’t pleasant but I’ve learnt over the years now to panic. We were at $3,xxx per BTC in March. Current price is still a massive increase from there. The current dumping will soon stop & we’ll see more ATH’s later in 2021. We are at the start of a bull market remember, there are always corrections on the way.

aioc

hero member

Activity: 2926

Merit: 567

I'm sure everybody have checked and saw the big drop -18.8% in 24 hours to be exact and keeps going down, we don't know if it will go further and so are the other top coins in the market, are you in panic, nervous that the market is bleeding like this, or do you accept this as part of the market movement, what kind of trader are you

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