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Topic: Don't panic! - page 11. (Read 2205 times)

full member
Activity: 322
Merit: 100
February 03, 2018, 07:12:09 AM
This whole market movement teaches the importance of "profit take"... to be ready with some free money to buy the dips when the market crashes

i agree. huge dip but because most of my coins were in the red i had no cash to buy the dip. always leave some cash so you can buy at a great time.


This is also one of my mistakes the past year. Not taking profit and having free cash on standby since i went all in. I hope that this time i get to buy at great dips like what was happening right now. Hoping there will be a bull run in the coming days!
member
Activity: 182
Merit: 10
PRESALE BEGINS UP TO 45% DISCOUNT
February 03, 2018, 07:11:00 AM
It's ok to panic because panic will put some cryptocurrency traders and investors advantage. I mean, have we don't earn much money without them, right?
I'm feeling Thankful for the weak hands because for me I deserve their hard earned money and that's being the tool for tendering their money into the patient investors and optimistic Hodlers.
newbie
Activity: 23
Merit: 0
February 03, 2018, 07:08:54 AM
Until you cash out, you haven't made gains or losses. Have confidence and ride the waves!
newbie
Activity: 51
Merit: 0
February 03, 2018, 07:05:56 AM
It would be fantastic know if the market is going to bounce up or going down again  Huh
newbie
Activity: 29
Merit: 0
February 03, 2018, 07:03:58 AM
As a new user its hard to not panic, when you see so big swings and all your money is there:( hope i will be more rich in future and this swings will be small to me.
member
Activity: 194
Merit: 12
Staker.network - POS Smart Contract ETH Token
February 03, 2018, 07:01:17 AM
This whole market movement teaches the importance of "profit take"... to be ready with some free money to buy the dips when the market crashes

i agree. huge dip but because most of my coins were in the red i had no cash to buy the dip. always leave some cash so you can buy at a great time.
member
Activity: 101
Merit: 14
February 03, 2018, 06:59:39 AM
This whole market movement teaches the importance of "profit take"... to be ready with some free money to buy the dips when the market crashes
full member
Activity: 322
Merit: 102
February 03, 2018, 06:55:56 AM
Too sad but most hamsters don't read such alerts. They are too busy for this with buying high and selling low  Grin Anyway - nice try.
member
Activity: 182
Merit: 10
Revolutionising Marketing and Loyalty
February 03, 2018, 06:50:34 AM
For anyone who is panicking at the market-wide price drops, please don't! There is no reason to panic. Look long-term, don't look at price charts over the last week or month, look at them over the last year and see the pattern of rises followed by pullbacks... but the course is always upwards.

If you're new and bought in during December and now see huge losses... the worst thing you can do is sell now. Prices will increase in the long term. The current dip is just a correction to the wild excesses of last month. Don't panic!
If the prices you can see now are lower than the prices that you bought in at, then the best thing you can do is buy more. Why? This will lower your average entry price.
If you bought bitcoin at $16000 and see it now at $8000, the course of action is clear: buy the same amount at $8000, and your average entry point is no longer $16000, it's (16000+8000)/2=$12000.

Don't sell, buy!

We have the same point of view,and im doing that trading tactics,buying more coins when it dipped,this is a great strartegy ive been using for more than a year,really helped my to survived this long.These people who are doing panic selling are stupid investors which doesnt believe in bitcoin's technology thats why they are dumping bitcoins when theres a FUD.
full member
Activity: 448
Merit: 100
LETS GO ADAB
February 03, 2018, 06:18:25 AM
For anyone who is panicking at the market-wide price drops, please don't! There is no reason to panic. Look long-term, don't look at price charts over the last week or month, look at them over the last year and see the pattern of rises followed by pullbacks... but the course is always upwards.

If you're new and bought in during December and now see huge losses... the worst thing you can do is sell now. Prices will increase in the long term. The current dip is just a correction to the wild excesses of last month. Don't panic!
If the prices you can see now are lower than the prices that you bought in at, then the best thing you can do is buy more. Why? This will lower your average entry price.
If you bought bitcoin at $16000 and see it now at $8000, the course of action is clear: buy the same amount at $8000, and your average entry point is no longer $16000, it's (16000+8000)/2=$12000.

Don't sell, buy!


thats the spirit! keep fighting, there is no room for selling now and instead lets buy some more bitcoin. Thats the right things to do in a scenarios like this. If we can handle bitcoins worst then we deserves his best Smiley
full member
Activity: 644
Merit: 101
February 03, 2018, 05:53:07 AM
Yes that right dont panic, this down trend just temporary and will be change to up trend. In all markets there must be there are up trend and down trend and now I see down trend has ended and will be replaced with up trend, so investor or trader who still floating minus be patient waiting for up trend.
full member
Activity: 443
Merit: 100
https://streamies.io/
February 03, 2018, 05:52:25 AM
The other greedy u stay fear,  the other fear u try greedy.
This is a way to win or just buy some value coin and leave them alone and wait for 3 years.
It is normal for bitcoin to drop its price. I have my tokens but I am going to hold it up until the price of bitcoin increase again. I'm sure that the price of the bitcoin will go up again because of the investors and we should not be greedy because we will have a regrets in the end.
member
Activity: 115
Merit: 10
Blockchain Identity Verification
February 03, 2018, 05:41:03 AM
The other greedy u stay fear,  the other fear u try greedy.
This is a way to win or just buy some value coin and leave them alone and wait for 3 years.
full member
Activity: 322
Merit: 101
February 03, 2018, 05:32:50 AM
I panic at first. But asked some veterans on the bitcoin league and they said the same to me. Don't sell your coins, it is just bitcoin taking it course as a market. It has it ups and down like the first years but it will eventually bounce back harder.
full member
Activity: 630
Merit: 104
February 03, 2018, 05:23:57 AM
I think the panic is over, let's buy back everythin with a cheap price!

i hope so too . Time to buy. There was huge panic sell . i thought it will go down to 5k. Now its almost 9k. maybe it will go down again.
newbie
Activity: 115
Merit: 0
February 03, 2018, 05:16:53 AM
I think the panic is over, let's buy back everythin with a cheap price!
newbie
Activity: 125
Merit: 0
February 03, 2018, 05:15:30 AM
People are creating imaginary FUD, small investors are paying the price of panicking after seeing the price goes downfall. And big whales are taking advantages of these situation. You must not panic and sell coins from your portfolio. At a times like this remain calm and composed will be rewarded later.
full member
Activity: 266
Merit: 100
February 03, 2018, 05:08:37 AM
I agree, buying right now is the best advice and option for all of us. It may rise up soon. There is actually no need to panic a lot. Give patience everything will be on track back.
full member
Activity: 392
Merit: 103
February 03, 2018, 05:05:26 AM
What is happening now, people who have panic may have invested much more than they can afford to lose. Better now to extend your vacation, because we see a big market correction. So wait, when will be Chinese new year and after it is possible to make further decisions. At the moment
full member
Activity: 602
Merit: 101
February 03, 2018, 04:58:48 AM
I also think that it's probably not necessary to panic, because a lot of people have already sold their bitcoin for cheap, so it's probably already necessary to stop panicking and start buying bitcoin, so cheap it was last year in the fall
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