Do not panic. Everything will get better - page 11.

carlfebz2

hero member

Activity: 2926

Merit: 722

Leading Crypto Sports Betting & Casino Platform

Quote from: S3300 on August 15, 2022, 08:28:49 AM

Quote from: aylabadia05 on June 18, 2022, 03:26:19 PM

1. Be patient, don't panic.
2. Buy and hold.

The first attitude is very suitable to be applied and very many traders experience tremendous panic when they see the market price drop, especially Bitcoin is now at $18k.

It's becoming increasingly apparent that other coins are very influential on Bitcoin. So, the opportunity to buy to increase the volume of Bitcoin can be done again for long-term investments. The current market situation in my opinion is a very tough test to be applied by those who are impatient.

Do not panic. Everything will get better.

There is nothing to be scared about? This is just a good opportunity to buy more because there is a possibility that we won't see 18k per BTC again, the way the market is recovering this days it keeps pushing the bears to shame, just take few profits aside and if we go deeper you can use that to get more tokens.

People should go or look for the brighter side and not really just focusing on the negative ones because you would eventually freak out if you do really have this kind of thinking or impression towards market correction

which we know that it is really just a normal market cycle because we cant really just having a moving upward position in towards price where as a normal thing where sell-offs and corrections do really happen.

Once you do step your foot into this market then you should make yourself prepared on these certain conditions.Once you do get that sufficient experience then it would really be just like a normal day for you to treat off these market declines which i would say that it is really just normal to have and better make yourself wise on making decisions.

nurilham

sr. member

Activity: 1414

Merit: 435

duelbits.com

Quote from: Lubang Bawah on August 15, 2022, 02:55:05 AM

True, when panicked, we will immediately sell at the price available, this is a mistake, must do the analysis including the best time to sell,

Price available? Do you mean the current price? Huh

When someone panics, he can't think realistically, it is possible to sell at any price. If he still analyzes the market trends or the possibility of the upcoming price changes, it means he doesn't panic.

Quote from: Lubang Bawah on August 15, 2022, 02:55:05 AM

if we focus on profit then I suggest to hold and buy again, the opportunity for rising is always easy and not took a long time.

As long as holding reputable or top coins, no need to do panic selling. There will be always many chances that the prices to increase again in the future. We are now in the bearish market, we still have hope for a significant increase in the bullish period. But if we are holding shitty coins, it is hard to expect their future since they maybe disappear or be delisted on the exchanges during the bearish market. So, be careful in selecting the coins to buy.

S3300

member

Activity: 280

Merit: 10

Quote from: aylabadia05 on June 18, 2022, 03:26:19 PM

1. Be patient, don't panic.
2. Buy and hold.

The first attitude is very suitable to be applied and very many traders experience tremendous panic when they see the market price drop, especially Bitcoin is now at $18k.

It's becoming increasingly apparent that other coins are very influential on Bitcoin. So, the opportunity to buy to increase the volume of Bitcoin can be done again for long-term investments. The current market situation in my opinion is a very tough test to be applied by those who are impatient.

Do not panic. Everything will get better.

There is nothing to be scared about? This is just a good opportunity to buy more because there is a possibility that we won't see 18k per BTC again, the way the market is recovering this days it keeps pushing the bears to shame, just take few profits aside and if we go deeper you can use that to get more tokens.

molsewid

hero member

Activity: 2170

Merit: 530

Quote from: cute nmp on August 11, 2022, 03:23:04 PM

It is very hard to remain calm during the bear market condition sometimes it is hard to look at my cryptocurrency portfolio. I don't think i would panic that much and sell my tokens cause I will be at a loss so it will be better to hold and see till things get better and market returns to normal.

Yes it is, I don't know but it's been years since I am here I still feel the fear sometimes when bear market came, maybe I am not yet used to it? or I still cannot read the chart so very well, I need to do more research and study the market well so that I won't be afraid to it. Bear market is normal and it will happen often, sometimes correction is very needed for overbought tokens.

bakasabo

legendary

Activity: 2254

Merit: 1168

The thing is, that it will either get better, or people will adopt to a current situation and will call it as an improvement. I advice not to panic about Bitcoin price drops at all. First, because I think there are not so many people that have invested every single penny in Bitcoin; not so many to be a good % out of all investors. For many, investing into Bitcoin is an addition to earning, not a life changer. Second, those who have invested millions and billions in crypto do not panic a lot. If them managed to earn so much, they are smart enough to do it again. In any kind of outcome we will be winner in the end.

wmaurik

hero member

Activity: 2016

Merit: 701

Quote from: Lubang Bawah on August 15, 2022, 02:55:05 AM

True, when panicked, we will immediately sell at the price available, this is a mistake, must do the analysis including the best time to sell, but if we focus on profit then I suggest to hold and buy again, the opportunity for rising is always easy and not took a long time.

Actually the issue of selling and holding it is a personal decision because everyone also considers the advantages when selling existing coins and also when holding Bitcoin at a certain time. So it's all about profit and focusing on the strategy at hand, so the panic doesn't have to be on everyone for every single thing they're doing.

molsewid

hero member

Activity: 2170

Merit: 530

Quote from: Ultegra134 on August 14, 2022, 03:50:16 PM

Inflation is soaring across Europe while tensions between countries are running high. Ukraine with Russia, China with Taiwan, Greece with Turkey, Kosovo and Serbia, the current climate is a perfect mixture for another wide-scale war. The economic situation, along with the current state of cryptocurrencies isn't going to improve unless this madness comes to an end.

Personally, I wouldn't blame someone for selling now, investments come second if you're barely making ends meet, due to the increased living cost.

Yes that's what I am saying, inflation is very hard and here in my country we experience and really feel it. If you are living in a 3rd world county, it is given that inflation is not just a word but it is also affects our daily lives. I really hope that our economy will go back and go higher so that we can somehow cope with the change we will soon be heard.

Lubang Bawah

sr. member

Activity: 1358

Merit: 253

Quote from: raidarksword on August 15, 2022, 02:06:24 AM

Panicking will only lead to more disaster and negativity during this bear market. Holding and having the diamond hands will only the way it should be and this actions will surely help each and everyone in the crypto industry. I do believe that everything will get better and time is only our companion to cope during these times. Besides, crypto market is slowly recovering and this is a big news after all.

True, when panicked, we will immediately sell at the price available, this is a mistake, must do the analysis including the best time to sell, but if we focus on profit then I suggest to hold and buy again, the opportunity for rising is always easy and not took a long time.

Oasisman

hero member

Activity: 2492

Merit: 547

Rollbit

Quote from: Sterbens on August 14, 2022, 08:48:53 PM

Calm is really needed when a bear market comes. But it's not easy to do because of course there is a fear that comes so that things don't look good. Some people may be able to calm down or even take advantage of difficult situations, especially for those who are mentally strong enough to hold all the assets in their portfolio. Now that the market is slowly improving, hopefully this brings us to ATH again.

Mental toughness may not be necessary when you know the historical data of Bitcoin. If you're here for more than 5 years you'll be able to distinguish when to buy and when to sell or rather setting a target for selling point and entry point.
One can only be worried if his holding alt coin that has yet to have a good recovery history, but with Bitcoin you should never have to worry during bear market, in fact this is another opportunity to ride another train ride in the next couple of years.

Sterbens

sr. member

Activity: 1848

Merit: 341

Duelbits.com

Calm is really needed when a bear market comes. But it's not easy to do because of course there is a fear that comes so that things don't look good. Some people may be able to calm down or even take advantage of difficult situations, especially for those who are mentally strong enough to hold all the assets in their portfolio. Now that the market is slowly improving, hopefully this brings us to ATH again.

lalabotax

full member

Activity: 1498

Merit: 132

BK8 - Most Trusted Gambling Platform

Quote from: Cling18 on August 13, 2022, 06:24:18 PM

New investors have a huge possibility to fear the current market situation but this doesn't mean that old-time investors are exempted because anyone could panic when the prices are drastically dropping down. However, old investors already have an idea to deal with the doubts and fear during this season and that's their advantage over new investors.

Yes, everyone can panic in a bad situation, especially when there is a huge decrease in crypto prices. Both new investors and old investors can panic, but old investors may have a bigger chance to deal with a bad situation since they already experienced the same situation previously. While new investors never experienced it, so they must be more worried to see the situation. That's why an experience in the bearish marker is very important in crypto investment.

Ultegra134

hero member

Activity: 1526

Merit: 737

Inflation is soaring across Europe while tensions between countries are running high. Ukraine with Russia, China with Taiwan, Greece with Turkey, Kosovo and Serbia, the current climate is a perfect mixture for another wide-scale war. The economic situation, along with the current state of cryptocurrencies isn't going to improve unless this madness comes to an end.

Personally, I wouldn't blame someone for selling now, investments come second if you're barely making ends meet, due to the increased living cost.

Cling18

full member

Activity: 1708

Merit: 126

Quote from: lalabotax on August 13, 2022, 05:10:20 PM

Quote from: AicecreaME on August 13, 2022, 09:22:39 AM

People who never experience bear market would have a hard time to do that, they'll panic because they'll believe in FUD(s) most of the time. But those people who experience bear market even once knows what to do in this kind of situation.

Do you mean only new investors who will panic during the bearish market? Of course, new investors will feel worried since they never experienced the situation. But if they want to learn from any article that tells us about the bearish-bullish market cycle, they probably don't panic. If we are considering about FUDs, even old investors can be influenced, there is no guarantee that people who have experienced a bearish season to not panic.

New investors have a huge possibility to fear the current market situation but this doesn't mean that old-time investors are exempted because anyone could panic when the prices are drastically dropping down. However, old investors already have an idea to deal with the doubts and fear during this season and that's their advantage over new investors.

lalabotax

full member

Activity: 1498

Merit: 132

BK8 - Most Trusted Gambling Platform

Quote from: AicecreaME on August 13, 2022, 09:22:39 AM

People who never experience bear market would have a hard time to do that, they'll panic because they'll believe in FUD(s) most of the time. But those people who experience bear market even once knows what to do in this kind of situation.

Do you mean only new investors who will panic during the bearish market? Of course, new investors will feel worried since they never experienced the situation. But if they want to learn from any article that tells us about the bearish-bullish market cycle, they probably don't panic. If we are considering about FUDs, even old investors can be influenced, there is no guarantee that people who have experienced a bearish season to not panic.

Oasisman

hero member

Activity: 2492

Merit: 547

Rollbit

Quote from: TribalBob on August 13, 2022, 10:22:17 AM

Quote from: aylabadia05 on June 18, 2022, 03:26:19 PM

1. Be patient, don't panic.
2. Buy and hold.

Do not panic. Everything will get better.

be patient is the last resort if we see our assets have been reduced by 30% of the initial purchase capital. until the market improves
actually why panic if we have the main goal of buying crypto to invest

Patience is automatic when you invest in crypto. It's not actually the last resort. I can consider accumulating more during bear market as a last resort or shall I say a wise investment move. Not actually the last resort but I say it that way.
When you're not a Bitcoin believer and has not enough experience in crypto you'll probably going to panic during bear season. But for those who has been here for more than 5 years knew how to handle their investments.

TribalBob

sr. member

Activity: 1288

Merit: 257

Chainjoes.com

Quote from: aylabadia05 on June 18, 2022, 03:26:19 PM

1. Be patient, don't panic.
2. Buy and hold.

Do not panic. Everything will get better.

be patient is the last resort if we see our assets have been reduced by 30% of the initial purchase capital. until the market improves
actually why panic if we have the main goal of buying crypto to invest

erep

hero member

Activity: 2254

Merit: 585

Quote from: Sayeds56 on August 12, 2022, 12:57:22 PM

snip
Technically speaking , It is trading above its pivot point $23,187 on weekly time frame of support/resistance chart which indicates that we will see it above 25K in coming weeks. DYOR

The hit for 25k price is very close but resistance shows pressure to lower the price lower with the same indicators earlier on the market movement in favor of 24k, significant market recovery near 10k so to reach 25k is possible in the next few weeks. Although it is part of the prediction, we must review the market in real time and consider news related to market movements because controversial news can affect the increase/decrease in crypto prices.

AicecreaME

sr. member

Activity: 2324

Merit: 454

People who never experience bear market would have a hard time to do that, they'll panic because they'll believe in FUD(s) most of the time. But those people who experience bear market even once knows what to do in this kind of situation. Market seasons is normal, the only thing that is not normal are those people who wants to risk their money in Bitcoin but don't really understand what's the risk they are going to take in the long run.

bitgov

sr. member

Activity: 1554

Merit: 260

Quote from: cute nmp on August 12, 2022, 03:34:42 PM

One need to hold cause of the market condition. Selling at these time will result to lost it is much better to hold till the situation improves and things return to normal and prices recovers so that we will make some good profits. No need to panic one have to wait and see what happen before making any decision.

many a time - leaving everything to the will of the God is a best thing you do.
Panic would not bring any good return - so better relax and enjoy your life. What is ment to be - will be - Que Sara Sara.

Obito

sr. member

Activity: 1274

Merit: 293

Quote from: cute nmp on August 12, 2022, 03:34:42 PM

One need to hold cause of the market condition. Selling at these time will result to lost it is much better to hold till the situation improves and things return to normal and prices recovers so that we will make some good profits. No need to panic one have to wait and see what happen before making any decision.

I don't think hodling alone is enough if you want to make profits no matter what is the condition of the market, you can probably use the current market condition learn trading or even leveraging. Take my advice with a grain of salt though, if you don't have any means to buy more crypto, you might be good just hodling on to it.

Topic: Do not panic. Everything will get better - page 11. (Read 5392 times)