Panic will never give you positive results on your holdings.
Panic is the worst feeling to ever have in this community.
Make sure to study first the potentials and the market before doing any decision.,
Topic: Does panicking made you feel ease? Or depressed? - page 13. (Read 1872 times)
A strategy which has worked very well for me is to just buy coins I like and hold and don't watch the markets. I have held a huge portfolio through this year and still don't care as I see the long-term potential
I think that it is not just not worth selling coins for any value that is less than you bought, as the market is cyclical and prices will return after some time back.
When there are instances that when the coin you hold has turned to dumped hard, are you biting that move to panic sell all your coins? Do you feel ease that you sell all your coin when the dump starts? Or feel depressed when you dump your coins and turns out it almost x2 the usual price.
Panic forces every person to make bad calls. Bad calls cause major losses, so there is nothing good in panicing as for me, but you may think different.
That's not the appropriate question, there's no ease from panicking maybe after that attack but during you fright moments it is so depressing to think and you can't make decisions clearly and right, the real question is that are you still panicking from certain events? it greatly affects your judgments within the market price flow and its news, you can't think of a bigger picture towards your current trade, one of the formidable enemy of trading.
Panic very seriously puts pressure on a person’s subconscious, because today many projects are still very much starting to create scam projects from which people already have a fit of rabies, today it has become normal.
Obviously, there are lot of rumours like cryptocurrency is going to die, going to end etc. When such type of scenarios come in it makes a person like will I lose all my money? Such things need to be avoided as it makes unsecure for a person.
Of course, no one will be happy when he sees how the price of his coins decreases, but I personally do not sell coins in a panic, because I am sure that this is a temporary phenomenon, and the price will sooner or later rise.
Haste will never lead to something good. Only the one who knows how to wait in the end remains in an advantageous position. Many when they started working with cryptocurrency, made the same mistake - they succumbed to general panic and sold their coins at the minimum rate, afraid to lose everything. Who was patient and in no hurry to sell, never later regretted it.
I used to be worried before in I bought a token and in short time I found out that it is dipping and I quickly sell and later realize that I need to know the market before taking any action on sell it buy and once it turn the other way I hold my position to see it moon again and I do that with coin that I believe in and has potential to grow cause not all coin deserve to hold on to.
When there are instances that when the coin you hold has turned to dumped hard, are you biting that move to panic sell all your coins? Do you feel ease that you sell all your coin when the dump starts? Or feel depressed when you dump your coins and turns out it almost x2 the usual price.
Panicing does not help me, but I become angry, when something is wrong with the market and anger makes me to think faster, so I think that it is good for me.
if you panic it's for sure you make bad decision regarding on your investment, same goes for people that handle business if you panic about your loss you will make bad decision and you will go downhill, you must handle your loss carefully and think about what would be the best decision and dont panic it will affect your decision making kinda the same if your tilted, the solution is dont panic dont let it get you keep the same normal mindset and think carefully.
If I would panic every time I make some bad calls on market, I would have a nervous breakdown several times a day. Take it easy and hope for the best.
panics it reasonable, but if this becomes a habit, it will be detrimental. When prices fall or rise will be essential to take immediate decisions but should be wisely. If the panic will lose keeps going then it results from crypto will not max. It takes familiar in this regard and will not be able to eliminate instant panic.
If you panic, your cognitive and cerebral activities will be severely compromised and you will make wrong judgements. That's why they always say to calm down. When price of a coin I own goes down, I feel very bad to be honest. But never panic soothed my mind.
I believe panic is the opposite word of ease. It's like fire and ice. So, no, not really. A lot of people invested in market, particularly in bitcoin, after btc price started climbing high abnormally. Perhaps they invested everything they had which was a mistake. Now when the bubble is over, they are one who lost everything. But if you look closely, you can see bitcoin is actually returning profits every year!
Panic sell is always discouraged and will definitely loose money due to it. It is advised to keep patience when the coins go through rough times because eventually it will rise again.
Fear of failing is one of the reason most business do not succeed. Patience is the key. There is no point in dumping the coin just to see its increased price after the dump.
Panic very seriously puts pressure on a person’s subconscious, because today many projects are still very much starting to create scam projects from which people already have a fit of rabies, today it has become normal.
Personally, I do not show any emotions at all because I prepare myself in advance for the fact that if I bought a cryptocurrency, then I can lose this money.
When you have to sell coins because you start to panic, it's always very bad. When you make investments, you need to understand that the market is unpredictable, the price may fall. Why sell if the price has already fallen strongly. You can leave a coin and wait for better times.
Makes me more industrious
Jump to: