10%-20% is big, but since I've hold Bitcoin since 2019 and didn't sell during Covid pandemic, I would say that I'm not panic because I trust in Bitcoin.
As long as you invest what you can afford to lose, I think you will not panic even though Bitcoin price falls really big. Invest is for long term prospect, even though there would be many moments could make you in doubt, as long as you hold your coins, I'm sure you will not regret.
Topic: Do you also panic when bitcoin price falls more than 10-20% in a day ? - page 11. (Read 2004 times)
June 28, 2024, 11:06:25 AM
June 28, 2024, 10:58:03 AM
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 ?
This is more like asking us are we still human, or have we evolved into robots. Of course its natural to feel some sort of disappointment when you see your portfolio go down in value. I only encourage myself with bitcoin proven track record of bull runs. Beyond seeing it ass an opportunity to increase your portfolio, Every Investor now is in great expectation of the bull run and don't feel too happy when the prices keep going down.The good thing is that we've seen it before and we're convinced that the season is on the way. That singular hope keeps is optimistic and encourages us to BUY AT THE DIP AND HODL until the bull run comes around and we smile.
it would be a profit for me later as it is giving me another opportunity to invest in bitcoin at a lower price..
Definitely, we all need to accumulate as much as we can before the bull run arrives, that's the only way to making profits as investors 
June 28, 2024, 10:36:40 AM
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 ?
I actually rejoice when I see such kind of drops in Bitcoin price. 10-20% drop means the Bitcoin is available to buy at 10-20% discounted rate. So I try to buy Bitcoins in small amounts during search drops. If you have faith in any asset class and you are thinking of staying invested for longer term, such drops are actually great opportunities to lower your buying price. Typical DCA!
But if you have entered the market at ATH, then it's bad for heart.
June 28, 2024, 10:26:36 AM
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 ?
Bitcoin price has been dumped from ATH several times like in 2017 after first ATH at $20k it dropped back to $3200 and again made a new ATH at $68k but then again Bitcoin price came down to $15k. So when the price of Bitcoin drops by 15-20% it can definitely cause panic. Because it has been seen that Bitcoin has been dumped a few times before but it recovers again. However, if the price is high and Bitcoin can be sold and bought again at the dip, then during the next ATH, a lot of profit is available. For this reason, it is normal to feel some fear when the price of Bitcoin starts to decrease significantly. 
June 28, 2024, 10:12:57 AM
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 ?
Honestly speaking I used to be, but years passed now I got used to it so even if the price dumps 10 or 20% it does nothing and when such incidents happens I don't look into my portfolio tracker and you can also follow it because that's what frustrates us, so avoiding gives us the space we needed that time.
And for long term holders such dumps are profitable because they will just look in the situation as 10 or 20% discount on the original price.
June 28, 2024, 10:07:37 AM
You should only panic if you sell your holdings when bitcoin dips as -20% then bitcoin price increase after because it is considered as loss.
It's okay to be frustrated at the price but as long as you didnt sold your holdings you shouldn't go panic and it shouldn't be considered as loss.
It's okay to be frustrated at the price but as long as you didnt sold your holdings you shouldn't go panic and it shouldn't be considered as loss.
June 28, 2024, 09:59:38 AM
I only panic when the price goes down and I`v got no cash to buy some more 
June 28, 2024, 09:57:03 AM
I don't panic when the price of bitcoin dips because the price will not keep pumping but will also dip. I am new to the market but with the little experience that I have in the market, price dip is an opportunity to buy bitcoin in discount price.
I have not reached my bitcoin target and I am a low coiner which makes me always DCA weekly. The dip is good for me because it increases my portfolio faster. I am hodling my bitcoin and will not sell soon which makes me ignore the market movement.
I have not reached my bitcoin target and I am a low coiner which makes me always DCA weekly. The dip is good for me because it increases my portfolio faster. I am hodling my bitcoin and will not sell soon which makes me ignore the market movement.
June 28, 2024, 09:22:45 AM
Are you one of those who get panicked when bitcoin price falls by 10-20% in a day ?
Newbies are more sensitive and vulnerable to Bitcoin falls, drawbacks, crashes because they don't understand about the market cycle exclusively psychology cycle, and mostly don't have good strategies for their investments. Many of them even don't actually have plan for investment, just for speculation and want to join a Get Rich Quick Game.Quote
Or you are no longer affected by such price drops and continue to invest on each dip ?
More experienced participants in the market will be less affected because they used to be newbies and felt panic many times but years and cycles later, they look back and see how naive and stupid they were in the past. Knowledge and experience are keys for experienced people to have diamond hands.Quote
Any suggestions on how to control own feelings in case of such drastic drops in bitcoin price ?
Three of my topics can help- Are you ready for the Bitcoin bull market? What's your plan? Some ideas for you
- DCA vs Smart DCA, what do you choose?
- Bitcoin price history, ATHs and bottoms. It includes bull market drawdowns that are enough to create fear and panic.
June 28, 2024, 09:14:56 AM
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 ?
Why panic so much when the price is still going to move up?. Except you are a trader or a short term investor that wants to take profit within a specific time.
For a long term investor who is hodling for long, then a decline in price shouldn't cause panic in anyway, as they are after the future price and not the current.
My plans are clearly for the future, I don't know about you.
June 28, 2024, 09:13:09 AM
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 ?
I'm not one of those people, a sharp drop means another entry position (if i still have money allocated for investment), a sharp drop will only impact traders and not investors, because they need balance to continue doing their daily trading.
The rainbow chart can be a real reference for continuing to hold our bitcoin without having doubt how our bitcoin portfolio will perform in the future. And if a sharp decline occurs in bitcoin and it ruins your days, to control your feelings, you don't need to think about it and don't need to keep looking at the market, it's better to go to real world activities that you enjoy, bitcoin has proven that it able to recover (although it takes quite a long time).
June 28, 2024, 09:05:49 AM
In a day? it's really rare to happen Bitcoin price falls 10%-20% in a day, I would panic, but I wouldn't sell my coins.
But, I've thinking to sell my coins during bull run, so I will hold stable coin and then buy Bitcoin at the bottom, so when Bitcoin price falls more than 10%-20%, I wouldn't panic as I didn't hold Bitcoin at that time.
In order to control the feeling, make sure you only invest what you can afford to lose and you know the reason behind why you hold Bitcoin.
But, I've thinking to sell my coins during bull run, so I will hold stable coin and then buy Bitcoin at the bottom, so when Bitcoin price falls more than 10%-20%, I wouldn't panic as I didn't hold Bitcoin at that time.
In order to control the feeling, make sure you only invest what you can afford to lose and you know the reason behind why you hold Bitcoin.
June 28, 2024, 09:03:31 AM
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 ?
Nope. You will only panicked if you placed a position on futures trading your SL or liquidation will surely hit in case the direction is against your position while I never placed a position on futures trading.
Futures trading is already gambling on this volatile market. I preferred to trade only with spot and use the casino to play real gambling which I enjoy rather than opening a risky which I don’t get entertained while they are both considered as gambling already.
June 28, 2024, 08:55:28 AM
I invested small amount of bitcoin and I have started another DCA. If the price continues to fall, it would be a profit for me later as it is giving me another opportunity to invest in bitcoin at a lower price.
Bitcoin fall but I do not really see much loss as it would have been with altcoins.
Bitcoin fall but I do not really see much loss as it would have been with altcoins.
June 28, 2024, 08:52:49 AM
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 ?
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