Do not panic. Everything will get better - page 8.

wmaurik

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yes indeed patience is very important and I agree with what you say, but indeed to be patient and strong to withstand is the toughest challenge that must be overcome with the intention that we will benefit in the future.

Not many people can be patient and restrain themselves when there are things that must be fulfilled suddenly. But those who can be patient and restrain themselves from panicking are those who have a lot of income from various directions so such people can always restrain themselves from selling what they hold at cheap prices.
So the thing to be patient and hold back, of course, cannot be done by everyone at this time.

Mulann2

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Quote from: aylabadia05 on June 18, 2022, 02:26:19 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.

Right, for those that have been in the market for some time should understand this and sees it as an opportunity to buy and hold but we know people even after seeing the market circle for some times still have shaky minds when market goes down but I agree, buy and hold and dont panic is the best thing to do.

tabas

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Quote from: Semar Mesem on August 31, 2022, 02:41:46 AM

Many investors will panic if the price of bitcoin drops by more than 5%

I don't think so. Most that are panicking are the new ones but those that have been here for quite awhile, I don't think that a 5% is already too big to panic.

Quote from: Semar Mesem on August 31, 2022, 02:41:46 AM

but those who have experience and long in bitcoin then this is a good opportunity to buy more, and today it is proven because the market is rising again and getting closer to $21k.

Not only for the experienced ones but for everyone that includes the newbies. Think of each fall as the best time to buy because it's the opportunity that we've been waiting for.

Awwal08

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Quote from: aylabadia05 on June 18, 2022, 02:26:19 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.

Let me just assume you are just hoping because you are just talk as if you incharge. I like the way you are in encouraging but the way impatient you use is about to ruin everything. What do you have to say about luna, what happen to the patient people at end. The holder has the right to do what so ever he/she wish, either to hold or sell it.

wmaurik

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Quote from: yudi09 on September 01, 2022, 01:14:55 AM

They do not explore or find out clearly before deciding to join the community you call it. They are tempted by the profits that are obtained after they provide capital for trading so that when they see your active routine on this forum, it is considered useless. In cases like you describe, we can't blame them. They are just victims who don't want to learn.

I don't blame anyone for that either. Because everyone is always free to choose their own path and is always free to make and determine their plans for the future. But they also don't have to think of other people's work as trivial or useless as you say because they still don't understand how other people work in terms of making a profit.
They fall victim to scams because they don't use their brains to better research every new thing that comes their way and so easily fall into such projects.

mm2543363580

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Quote from: Wong Gendheng on August 29, 2022, 08:31:04 AM

When facing bearish like today, many investors will panic, this is a fatal mistake because when we panic it will sell at a cheap price and usually lose money, as Cryptocurrencies investors then we must always make decisions by considering many things.

Sometime there are situations which creates more panic - - and brings people to the place where there are no options are left..
so people sell stuff at a cheaper rate. . .But that is Okie too if you are not in loss.
For example if you have purchased something used it for longer period of time and sold it at the same rate- you made a good deal.

Lubang Bawah

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Panic is the type of investor that will fail, panic usually occurs because we never think the other side, and this is what makes the market more difficult to rise, when the price of bitcoin can pass $ 24k then I think the price of August can touch $ 27k, unfortunately there is panic And many sell so that the price of Red Again.

Fara Chan

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When you understand the problem and know how to find a solution, then that is where a person matures in carrying out any activity.
In this case we are talking about bitcoin, where almost everyone knows how bitcoin has been going so far.
To get out of panic, it takes an understanding of the investments we make, and I'm pretty sure, when bitcoin declines, there will be time to strengthen again, so calm and not panic are two things we must apply

BRINIRHA

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Quote from: aylabadia05 on September 01, 2022, 09:21:18 AM

This is one form of investors who do not panic about the market situation. Types of investors like Michael Saylor have a very strong belief in Bitcoin that keeps him going.
Reading more positive news about Bitcoin and staying away from negative news about Bitcoin is a good thing to calm yourself in dealing with situations that make panic levels increase.

Correctly. I too am now learning not to panic in all kinds of market situations. because sometimes panic occurs not only when the market drops. but when the market recovers quickly sometimes I panic and rush to buy. I now realize that it was wrong. better stay calm and do the analysis properly before buying. and now I choose to be a holder. because my mind becomes calmer. because in the end the holder will win.

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Quote from: aylabadia05 on September 01, 2022, 09:21:18 AM

===
This is one form of investors who do not panic about the market situation. Types of investors like Michael Saylor have a very strong belief in Bitcoin that keeps him going.
Reading more positive news about Bitcoin and staying away from negative news about Bitcoin is a good thing to calm yourself in dealing with situations that make panic levels increase.

You should really avoid yourself on getting exposed with negative sentiments or vibes around which it would be mainly the thing that would really affect you and might result into those foolish decisions.
There are permabull and there are no coiners on this market which it wont be surprising that they would be throwing off their own views and sentiments which neither be affecting yours or not.
Dont panic? Sounds simple to be done but when we are seeing very red market condition then it would really boggle you on and would stir up your mindset.

aylabadia05

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This is one form of investors who do not panic about the market situation. Types of investors like Michael Saylor have a very strong belief in Bitcoin that keeps him going.
Reading more positive news about Bitcoin and staying away from negative news about Bitcoin is a good thing to calm yourself in dealing with situations that make panic levels increase.

awik p

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Quote from: Sebas.tian on September 01, 2022, 01:34:29 AM

Quote

Many investors will panic if the price of bitcoin drops by more than 5%, but those who have experience and long in bitcoin then this is a good opportunity to buy more, and today it is proven because the market is rising again and getting closer to $21k.

It never too late to buy Bitcoin and hold to be part of those that will earn well from their investments soon, because the green light is preparing to be stable for people to stop panicking in the community. Don't forget that this is the best season to invest on Bitcoin and have full confident of achieving something good in the future. I think, it will be difficult for people to miss this opportunity in this month of September to buy Bitcoin as much they want and hold for the price to increase higher before they can sell to make a passive incomes that will bring smile in their faces in the market.

indeed a good time to collect bitcoins, but in any case we should learn about bitcoin before starting to invest, especially for beginners who seem to only be oriented to large profit and short time, without learning the risks and characteristics of bitcoin. still lucky if they choose bitcoin as an asset, it will be more dangerous if they choose a new altcoin, in the hope of having multiple returns

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Quote

Many investors will panic if the price of bitcoin drops by more than 5%, but those who have experience and long in bitcoin then this is a good opportunity to buy more, and today it is proven because the market is rising again and getting closer to $21k.

It never too late to buy Bitcoin and hold to be part of those that will earn well from their investments soon, because the green light is preparing to be stable for people to stop panicking in the community. Don't forget that this is the best season to invest on Bitcoin and have full confident of achieving something good in the future. I think, it will be difficult for people to miss this opportunity in this month of September to buy Bitcoin as much they want and hold for the price to increase higher before they can sell to make a passive incomes that will bring smile in their faces in the market.

yudi09

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Quote from: wmaurik on August 29, 2022, 03:49:27 AM

Quote from: yudi09 on August 26, 2022, 03:28:27 AM

Selling out of necessity is okay. But selling Bitcoin to replace to fiat without an urgent need is worth calling it weak.
In this context, we should be able to separate them as well.
Those so-called "weak hands" in my opinion are the ones who are easily influenced by opinions that demonize the future of Bitcoin because they personally have no knowledge of Bitcoin at all.

I'm starting to remember when in the old days there was a group of people who very often badmouthed Bitcoin and glorified the products and systems they followed. For example, a group of people who follow the GSC path are currently experiencing a scam until some of them eventually also enter into cryptocurrency trading and choose Bitcoin as the best asset.

They do not explore or find out clearly before deciding to join the community you call it. They are tempted by the profits that are obtained after they provide capital for trading so that when they see your active routine on this forum, it is considered useless. In cases like you describe, we can't blame them. They are just victims who don't want to learn.

Semar Mesem

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Many investors will panic if the price of bitcoin drops by more than 5%, but those who have experience and long in bitcoin then this is a good opportunity to buy more, and today it is proven because the market is rising again and getting closer to $21k.

Abiky

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Quote from: Dragonfund on August 27, 2022, 01:03:27 PM

People are currently only concerned with surviving because most economies are still in bad condition, there is global recession and inflation, as well as an increase in the cost of goods and services and a shortage of food. I understand the value of investing, but it would be impolite to suggest that people buy bitcoin and other cryptocurrencies right now rather than saving for a rainy day. If you look closely, you'll discover that people are selling due to their anxieties about what lies ahead. If you look carefully, people are selling because of fears of what is coming, if others are scared and seeing the future, you should also consider that aspect too and take precautions that are very necessary.

Of course. With ever-rising gas, food, and energy prices, it makes sense to hold off investing into risky assets like crypto and stocks for a while. Only those who have a lot of money to spend will be able to invest during these hard economic times. While I believe things will get better at some point in the future, the current economic recession will last quite some time due to the on-going COVID-19 pandemic and the Russia-Ukraine crisis. We just need to be calm in order to see the light at the end of the tunnel. As long as you don't spend more than what you earn, there should be nothing to worry about. Just my thoughts Grin

bitgov

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Quote from: Dragonfund on August 27, 2022, 01:03:27 PM

People are currently only concerned with surviving because most economies are still in bad condition, there is global recession and inflation, as well as an increase in the cost of goods and services and a shortage of food. I understand the value of investing, but it would be impolite to suggest that people buy bitcoin and other cryptocurrencies right now rather than saving for a rainy day. If you look closely, you'll discover that people are selling due to their anxieties about what lies ahead. If you look carefully, people are selling because of fears of what is coming, if others are scared and seeing the future, you should also consider that aspect too and take precautions that are very necessary.

We hear this all the time. But till date nothing has gotten any better.
And it's getting worse with every passing day. It's been two year and we are waiting for better days. But they are gone far away

Wong Gendheng

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When facing bearish like today, many investors will panic, this is a fatal mistake because when we panic it will sell at a cheap price and usually lose money, as Cryptocurrencies investors then we must always make decisions by considering many things.

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Are there any exceptions to this?
let's take a closer look
1. Panic is based on a person's ability to enter the market under unsuitable conditions
2. Buy and Hold, does this apply at a certain time, because the previous cycle bitcoin was in a good position, until it was corrected as it is today.

Then let's continue the discussion.
If not enough, include a strong reason according to your understanding.

because as I know this condition does not apply to all conditions, except the long term!!!

wmaurik

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Quote from: yudi09 on August 26, 2022, 03:28:27 AM

Selling out of necessity is okay. But selling Bitcoin to replace to fiat without an urgent need is worth calling it weak.
In this context, we should be able to separate them as well.
Those so-called "weak hands" in my opinion are the ones who are easily influenced by opinions that demonize the future of Bitcoin because they personally have no knowledge of Bitcoin at all.

I'm starting to remember when in the old days there was a group of people who very often badmouthed Bitcoin and glorified the products and systems they followed. For example, a group of people who follow the GSC path are currently experiencing a scam until some of them eventually also enter into cryptocurrency trading and choose Bitcoin as the best asset.

Quote

Of course I don't think negatively of those who sell Bitcoin because necessity is basically quite sad at the time of selling, because I have also experienced it.

Basically everyone has experienced something like that, including I have experienced it in the past where I always needed money in cash before the salary from my permanent job was given. But for now I have been able to balance my expenses for every need so that I can safely store Bitcoin without having to sell it at a low price.

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