We don’t think that it’s necessary to check the BTC exchange rate every hour. It only adds anxiety and panic.Remember that investing in bitcoin is a long-term investment. A correction is a sign of a healthy market, after which a new growth record can be expected
Topic: Are you in panic whenever there is a big drop in price? - page 5. (Read 4566 times)
When there is a big drop in a coin, it is not comfortable for any of us, although it is normal in cryptocurrency. In such a condition I get nervous. I check the market again and again to see when the price goes up a little. The price of some coin goes up again after dropping. So we must be patient.
Must be careful with being too nervous or overthinking about the thing that's totally out of your reach, it could cost you mentally and physically. If a coin drop I'd just ignore it for a while and hoping it would get back up or if worst comes to worst I'd just let it be and never touch it maybe for another year.Although checking market again and again could let you not miss any opportunity but it's advised to use price alarm instead. as I usually did as well for my short term trades.
When there is a big drop in a coin, it is not comfortable for any of us, although it is normal in cryptocurrency. In such a condition I get nervous. I check the market again and again to see when the price goes up a little. The price of some coin goes up again after dropping. So we must be patient.
Those are the best moments for any investors to buy the coins at lesser rates because not many times it would be possible that such big drops might happens in future now. The game for the coins has changed now and for me any drop is like getting the coins at discounted rate and opportunity to buy it.
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
Whenever there is a big drop in price I am not going to panic because I just have to wait for the bounce back. I buy and hodl that is why no need for me to panic. For day traders some will do the same but some others set a stop loss. if I am sure to sell an asset that is already looking to be profitable. but not on the market's top assets. I will fully believe. but when a long correction occurs of course I will sell and exit the market first. I had to change my investment strategy today trading with a different asset.
a feeling of panic I am sure exists in investors with large capital when a long correction occurs.
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
Whenever there is a big drop in price I am not going to panic because I just have to wait for the bounce back. I buy and hodl that is why no need for me to panic. For day traders some will do the same but some others set a stop loss.
I used to be a panic trader. My palm was wet, my breath became shorter and I was so tense back then when I saw the market was bleeding. I was so tortured back then, but along with the experience, I thought that I can't be like that cause it only blurs my judgment and analytic ability. You did things worse when you're not in your good mind. Whenever I see this situation again I just thought that everything is gonna be okay and it's just temporary. I do inhale and exhale slowly and deeply to encounter that situation for my sanity.
Some times I am in panic when price drops but this is harmful for sometime because price takes reverse and losses recover.For long term holding we should not be in panic but yes in short term or in future trading we should be very careful.
Do you panic every time there is a big price drop?
Of course there will be panic, but because things like that are often experienced, it will be an experience that will calm the situation because it has become the character or nature of the very volatile crypto market.
And to calm him down, it is still HODL and what has been planned is only to turn it into the long term, because after going down it will definitely go up again even though you have to wait a long time and be patient.
Of course there will be panic, but because things like that are often experienced, it will be an experience that will calm the situation because it has become the character or nature of the very volatile crypto market.
And to calm him down, it is still HODL and what has been planned is only to turn it into the long term, because after going down it will definitely go up again even though you have to wait a long time and be patient.
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
Panicking is either a coward's move or a fool's choice, selling at the time of dip is not advisable unless you really need the money in emergency matters. However it's better for us to keep some of our money for that purpose, invest more if you have already computed your budget allocation for the month.
sometimes im in panic if the price of what im holding is totatlly dumping and dumping. what i do is sell my coin and set to lower price as price go down you have to set a lower price in order for you to cover your loses buy low sell low thats the technique im using if that specific coin is in dump mode.
As long as I invest in a well-known cryptocurrency, I never panic. Because I am more of a HODLer rather than a short-term investor. But if I invest in a new and very risky altcoin, most probably I'll panic when I see a big drop in the price. 
Yeah but that strategy only effective on some Top Altcoins like Ethereum, TRX or even Bitcoin but for some new Coin Or Token we should need to be more careful when there is some huge price movement, It can be good but also can be a bad sign and basically most of them was a bad sign, Rug Pull, Scam Team, Hacked, etc. Well, always DYOR! 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
As long as I invest in a well-known cryptocurrency, I never panic. Because I am more of a HODLer rather than a short-term investor. But if I invest in a new and very risky altcoin, most probably I'll panic when I see a big drop in the price.
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 understand people who could be scared of a drop, it is normal. Humans evolved to protect themselves, the number one thing in our nature is to not die and do everything we can to not die, that's in our DNA, and of course we grew bigger and better and we are doing much more nowadays, but the reality is that no matter what we do, it's all about safety and not dying.Even the person with 200 billion dollars has that chip in his mind, sure it is enlarged and all but I am sure 99.99% of humanity would say yes to 200 billion dollars without sharing it with anyone. Same applies to people who do not want to lose, money is something that makes sure you survive, if you have no money you will not be able to survive easily, but if you have a lot you will be great. So many people end up very scared at a potential of losing money because if they do, it will be harder to survive.
When there is a big drop in a coin, it is not comfortable for any of us, although it is normal in cryptocurrency. In such a condition I get nervous. I check the market again and again to see when the price goes up a little. The price of some coin goes up again after dropping. So we must be patient.
After checking you should analyze what are the possibilities, there are times that those known and solid project bounce back again,
Not even it went down so dip, the chance that it might pump is always there. Crypto market with volatile nature anticipation mostly based from speculations.
You need to have huge patience and a lots of time doing your homework not to make mistake during this kind of situation.
When there is a big drop in a coin, it is not comfortable for any of us, although it is normal in cryptocurrency. In such a condition I get nervous. I check the market again and again to see when the price goes up a little. The price of some coin goes up again after dropping. So we must be patient.
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
corrections are commonplace and I don't panic anymore...those who are newbies and impatient will definitely panic when they see price movements that go down and of course, they will lose. the price of the coin/token is not always green, there are times when it will be red and we have to prepare ourselves for that.
For most of the assets I have today, of course, I will panic when there is a big drop.
because when a decrease occurs suddenly what occurs is a decrease in the value of assets simultaneously. to be honest it would be bad for a person who has a lot of assets.
As happened yesterday, the decline is in bitcoin and it affects the altcoin market as a whole. obviously, it panicked me. but I'm still trying to believe and repair the market back again. it looks like bitcoin's dominance in the market is affecting the current market power. the market is unlikely to collapse easily. we are already seeing some corrections taking place, and the market looks quite strong.
because when a decrease occurs suddenly what occurs is a decrease in the value of assets simultaneously. to be honest it would be bad for a person who has a lot of assets.
As happened yesterday, the decline is in bitcoin and it affects the altcoin market as a whole. obviously, it panicked me. but I'm still trying to believe and repair the market back again. it looks like bitcoin's dominance in the market is affecting the current market power. the market is unlikely to collapse easily. we are already seeing some corrections taking place, and the market looks quite strong.
to wait as price might go up as the following time while measuring with different customs of analytics and gains of supports on confidence that might to leads on finest option as extending trade or work on different strategics to secure account with the trading plan.
It doesn't afraid me much whenever market faces a big collapse because I understand that this is the nature of cryptocurrency market and it can't be in positive state everyday sometimes there will be massive collapse and we have to be mentally prepared to deal with these kind of circumstances with patience and this is absolutely necessary to have patience if you're involve in cryptocurrency trading, investment and holding, falling in panic always end up with losses and regrets.
If I have to be honest when I started dealing with crypto coins there was some fear when the market collapsed in minutes, but over time it gets used 
But given the volatility of the crypto market, man should be prepared for this, and if you manage your finances well - one of main rules is that you should only invest as much as you can afford to lose - you should not accept the changes at the market with panic.
But given the volatility of the crypto market, man should be prepared for this, and if you manage your finances well - one of main rules is that you should only invest as much as you can afford to lose - you should not accept the changes at the market with panic.
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