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Topic: Does panicking made you feel ease? Or depressed? - page 14. (Read 1872 times)

member
Activity: 392
Merit: 10
It can be admitted that seeing the coin prices we have crashed and crashed drastically makes panic and can cause trading failure, and it can be prolonged depression, but to avoid it all, after knowing the price falls, then you should hold it for longer so you don't become a panicked seller and eventually lose
jr. member
Activity: 420
Merit: 6
If a person is engaged in cryptocurrency, then in such a falling market he will have depression and that is for sure. It is impossible to predict where the market will go at 100% and failures mostly occur. If the coin went down then you can sell and buy there at the bottom, but it is very risky. Sometimes keeping a coin in hold can lose everything if it is a scam project.
member
Activity: 490
Merit: 10
Sure it does. it is very hard to see your portfolio decreasing during the whole year. There were only several green days and that was it. There was no bull run or even something similar. Just keep believing in crypto, always stay calm and hodl your coins.
hero member
Activity: 3080
Merit: 603
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?
No especially when you are used to it. I wouldn't buy panic selling anymore, I just learned from my past mistakes.
Do you feel ease that you sell all your coin when the dump starts?
Somehow.
Or feel depressed when you dump your coins and turns out it almost x2 the usual price.
I feel this as well and I guess this is normal as a trader.
jr. member
Activity: 223
Merit: 1
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.
legendary
Activity: 1302
Merit: 1037
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.

Panicking will never solve any problem for anyone at all and it would even increase the problem as you tend to make silly decisions and get your health deteriorate as you work your emotions hugely.

One thing with the market is that you cannot always end up eating your cake and have it and you have to own up to every decisions you make which is why to be able to make solid decisions, you need to learn and have a plan and there is nothing absolutely better than that. When you dump your coins at loss, then it totally shows how ignorant the person is when it comes to understanding market trends and what to be doing with each trends.

I did it even earlier when I was a newbie and very inexperienced. sell when the coin is already collapsed - not the wisest decision
It is actually the dumbest decision as far as I am concerned. For a market while people are selling, and have completely sold out and you feel the market is undervalued or oversold, that is when you should be considering to start accumulating and you should be buying when you start seeing a lot of people beginning to get greedy in the market and it just keeps moving on and on with everyone calling moon and people getting greedy the more because at that point, the sustainability is something that would be hard to come by unless it is something caused by real life adoption and not some speculations.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
Panicking doesn't help anyone and because I have suffered panic attacks a lot during this nasty bear season, I have had to resort to self-help mechanisms to be able to survive and even feel content and happy during this very very difficult time. At least now I can deal with things a lot easier by living and trying to be in the present moment, as opposed to worrying about what might transpire and happen tomorrow. By deeply breathing and being in the present, we become much more focused and resourceful in tackling the challenges that show up now at this time so it's easier to make better decisions.
hero member
Activity: 1134
Merit: 517
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.

The crypto market is indeed playing out the script, "Only the strong survive, only the wise excel." Sometimes when we wear thick skins and settle to look the other way as market plunges, only to be stared in the face by like 50% drop in value - would it not have been better to have sold off much earlier! But other times, it appears the market was just waiting for one to be done selling his hard earned coins and price would hit the ceiling.

It's surely a rat race and panicking and depression are here with us except we learn to take things slow and everything in moderation. Hodl can never be an antidote for panic and depression, but well informed decisions always will.
member
Activity: 854
Merit: 12
arcs-chain.com
At first no one should panic, one should only invest what it can afford to loose... panic is the enemy of good business
You need to move those feelings away, give it a cold rational tought and build your strategy...
usually, if it is dumped hard, there is nothing usefull you can do except waiting... or are you selling your coins for nothing? is it worth it?
cheers  Wink
sr. member
Activity: 348
Merit: 250
The Exchange for EOS Community
You don't have to panic or feel depressed, you just have to wait for the right time. These levels are excellent for collecting altcoin in cheap prices. Dont get pessimistic, just wait and be like ice.
legendary
Activity: 1204
Merit: 1028
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.

Whatever you’re doing, it’s good to always have focus on that thing, although not all of us would have that time. But I don’t feel real good whenever the price dumps more than I expected.

In a time when I discover it early I sell it to escape the fall in price. If it starts to show signs of increase and I also start seeing predictions about that, I will also invest it back. But it’s always best to invest any money you wouldn’t need in crypto so that you wouldn’t have to bother when price drops.
sr. member
Activity: 490
Merit: 250
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.


I always give way to panic when I read messages that the things are bad. That's why I try not to pay attention to them and follow my plan. I can't say that it always works out, but I really save my nerves!
sr. member
Activity: 1064
Merit: 253
I have encountered different situations in the market, I made some right and wrong decisions which gave me experience and knowledge. I learned how to be patient and I learned when it's the right time to sell and dump. My early failures also made me depressed and I almost left the crypto world. Time and experience will make you a good investor.
member
Activity: 689
Merit: 14
World's First Crowd Owned Cryptocurrency Exchange
The more I do crypto, the less I worry about it. All coins will experience the UPS and downs of the price, it is normally. Over time, you will be able to react calmly to this.
jr. member
Activity: 150
Merit: 6
Hi there!

Well it doesnt makes you feel good when you lose alot of mony i guess. All you can do is take some time and do some decent research on the project, the team, there roadmap and obviously there roadmap. Only invest money you can afford to loose dont get yourself in trouble by making wrong and quick decisions.

Greetings Cool
member
Activity: 573
Merit: 11
I could remember back then when I was still new to cryptocurrency, when there is panic in the market I do feel depressed because I don't understand how market works then but now I feel ease when there is panic because I see it as opportunity to buy more coin.
full member
Activity: 854
Merit: 100
I actually didn't panicked but I realized it was bear trend too late so I converted them to fiat for safety and it turned out to be a good move. I lost a lot during the bear trend and I'm kind of playing safe as of now. I'm only invested in one token I believe will be big and be mass adopted.
sr. member
Activity: 602
Merit: 252
If I missed the moment to sell the coin at a normal price, and the price dropped very much - I am very worried, and I regret that I missed the moment. And in such moments, I do not sell at a small price, but I hope that in the future the price can increase and bring me profit
jr. member
Activity: 255
Merit: 1
W12 – Blockchain protocol
What kind of ridiculous title is that? Does panicking make you feel (at) ease?

Do you even understand what panicking means?

"be alarmed, be scared, be nervous, be afraid, overreact, become panic-stricken, take fright, be filled with fear, be terrified, be agitated, be hysterical, lose one's nerve, be perturbed, get overwrought, get worked up, go/fall to pieces, lose control, fall apart"

Do any of these definitions mean feel at ease? No. Then don't ask stupid questions.
you can feel thatthat processhas become easier when you learn how to fightwith ypur paranoiaand with your panic
jr. member
Activity: 255
Merit: 1
W12 – Blockchain protocol
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.

i suffered from iti remember those times but when you learn to control your emotions you will understand that it is easier
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