Topic: Do you panic? - page 48. (Read 7805 times)
For me i can't deny that sometimes i feel that way but then i realized that panic selling is not good for an investor attitude. As I have already seen from my own experience, one does not have to be like a herd instinct. First of all, you need to remain calm and self-restraint. Mostly at the beginning of trading on the exchange is a fall, but then everything falls into place. So we must have to wait and keep holding our coins whatever may be because time will come it will rise up again its value and earn more profits as what we expected to be happen.
I like to participate in bounties and ICO both and 99% of the times I like to hold my tokens for long term profit I am not like those panic seller who sells the tokens immediately after receiving from the ICO and bounties and disturb the whole price of the coins. I will recommend to all the bounty hunter that please wait for sometime before selling the tokens because if the ICO is good coin will grow in the future and when you sell at the higher price you will get double reward for your work.
I won't panic, especially when bitcoin goes down around 5893 USD last June 24, 2018. Because I seek for other things when the price goes down. I believe that going down of tokens means you should buy more and hodl them. So that, you could earn more profit.
I think that this is a normal reaction to a similar situation because in most cases this is a surprise. And you do not know what to do..
This normal phenomenon, a huge number of those who have received coins "free of charge" begin to merge them during the first days or even "TO" but usually it happens to "bad" coins therefore I don't worry, just you shouldn't invest in such ico
looking at what panic I'm not panicking because I invest in Socratus and I trust them
As I have noticed these days, when the ICO hasnt finished yet and the sale was still on going, the bounty tokens has already been distributed and also unlocked they sell it immediately on forkdelta or etherdelta for a much lower that ICO price, in which it could greatly disturb the sales in tokens. As for you the investor on that token, would you panic when you see that the tokens you own already selling at much lower price?
This action is mostly taken by bounty hunters so I rarely care as bounties are mostly 2-5% of token metrics, it on the other hand is a good sign that all the dumps are happening before the real exchange listing and once the tokens move to decent exchanges all we see is a stable growth.
It all depends upon project to project and the market sentiments behind it. If the project is fundamentally strong there is no need to panic.
if we put a lot of money in the ICO project, of course I will panic. But if we believe in the team and the development of the token I can relax. I would believe that one day the token price will rise again and exceed the ico price. everything needs process and patience
If you believe in what you are holding I think there is no need to panic,and panic will not help you it will destroy you if that happens it will lead you to loose everything you have.
If project and team are very strong u dont need to have panic about that, but if u invest to any not promising ico it can make very big dump. Question of u depend on which ico u invested.
I cannot panic because i'm tired, i took my crypto when btc was 12000$ and now it is so far for this level and so long already.
If you have put all your money into one coin - yes, it's the time when you should start to panic
But if you have put a small amount for a long time and don't care about the onetime deep down flow - no, you can relax
Big companies and investors have to sell, but in few months they will buy the same amount of tokens (or more) again
But if you have put a small amount for a long time and don't care about the onetime deep down flow - no, you can relax
Big companies and investors have to sell, but in few months they will buy the same amount of tokens (or more) again
I will never invest in a bad project, I think that at first I might be scared, but if the project is valuable then I will not panic.
Why do I panic? I bought my BTC at the rate of $ 2,700 . That is the year I earned nearly 200% profit. Yes, I would like more, but there will be a time for growth. Many say that autumn crypto will start your way back up, so don't panic. Soon BTC will fly to the moon.
Panic to me is a normal thing to do particularly when one money is on the verge of been loss no matter how small your investment capital in the ICO or project. Most of the people who sell at the lower price are bounty campaign hunters who only invested time and not real money in the project.
Anyone involved with cryptocurrencies will have experienced a feeling of panic because of the volatile market. It's those who make decisions from the panic feelings will usually make mistakes. It's normal to feel like things are out of control but don't make any trades until your mind is clear.
I do not panic because I know that the price will rise sooner or later because it is normal for crypto to fluctuate because it is very volatile and as soon as it is corrected, the price of most crypto will rise again so there is no need for panic except if the token is not a potential one and doesn't have good management team or technology.
Well if it is a token that does not have a good development of course it would be nice we do sales on the token because if the price continues to decline then the token will go down very deep and to return to the highest price is very difficult, but panic sell is reasonable to happen to Crypto though everyone knows that prices are likely to rise again but many people choose to play safe by selling quickly when prices are decreasing in hopes of buying at the lowest rate.
I do not panic because I know that the price will rise sooner or later because it is normal for crypto to fluctuate because it is very volatile and as soon as it is corrected, the price of most crypto will rise again so there is no need for panic except if the token is not a potential one and doesn't have good management team or technology.
Afore taking a few expedite sales, holders ought to understand up to what point coins may be volatile and rapidly changing this months and determine some systematic plan.
Honestly to say in this situation, I can panic because I do not know whether to wait or ineed to sell now. There are always doubts.
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