Topic: Don't panic! - page 4. (Read 2249 times)
For sure, panicking makes you dumb. If you panic you might lose all your confidence and lose all your tokens because you are only dumping all your coins without exact information. You are only following to dump because of the market now. Don't be afraid and just relax everything will be under control soon.
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!
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!
Panic selling is always the problem of the traders who just newly joined this industry, most of them are selling their coins even at the lowest price when the dumping of cryptocurrency hits the market. Experience is always the best knowledge to be succesful in trading.
I always panic on situation according on what i expect on of all coins in the market. I have no a lot of coins to be change but when times comes my coins have been distributed it is nothing coz no value or lower value at all.
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!
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!
Those traders who are only losing profit in this times are newbies, there is no reason to panic and do not think of downtime in the market as a bad days because we can invest further since the value is low. Now, if you worried that the price of your coins is decreasing then hold still for you not to lose your profit.
Now everything is ok. I actualy panic and sell some of my asset to fiat. I hold about 0.6 BTC now worth of fiat. other asset are still in the wallet. i think I will HODL of my crypto asset wait for the highest price.
Im not panicking. I trust cryptocurrency especially at bitcoin and altcoins like neo and litecoin. Cryptocurrency price are declining but it regains slowly right now. There's nothing to worry, cryptocurrency will regain it's worth value and stability in the market
this is a classic mistake that usually happens to newbie today, those who do not follow the price of bitcoin or other coin from the beginning will feel panic when they see the current price table that is bleeding.
I would advise to hold it because 50% or 30% loss is not a disaster for bitcoin, you should see bitcoin price growth from month to month or year to year.
I would advise to hold it because 50% or 30% loss is not a disaster for bitcoin, you should see bitcoin price growth from month to month or year to year.
Hi
Don't panic and wait. BTC is dead so many times ! Newbies must have a break : don't look at coinmarketcap and make something else, you'll avoid panic sells !
Don't panic and wait. BTC is dead so many times ! Newbies must have a break : don't look at coinmarketcap and make something else, you'll avoid panic sells !
Thanks for the advice it will help many people understand that at the time of bloodbath people should buy more instead of selling because after every bloodbath market grow again so if we buy when its down we will get more profit.
Yes, this is a good thing so those newbie can avoid panic selling. Good thing they consulted here also in forums. Just make your own strategies guys so you can minimize your losses and can x2 or x3 or more you profit. Goodluck continue for sharing your ideas everyone this will help many people here in forum.
Let's admit that the market of crypto-currency is simply overheated. Many claimed that the market was overvalued when bitcoin first reached $ 2,000.
If you really believe in crypto currency, then the red numbers next to the name of the coins should bring you relief.
If you really believe in crypto currency, then the red numbers next to the name of the coins should bring you relief.
I can't buy cause my all money at crypts already I am using there like bank if I need money I withdraw some but thats all.This months I totally fucked up but we will se shiny days
I think this is a reversal of the market, do you think it has come ? or is it too early to rejoice ? I bought some money if there's another fall before I buy more.
you do not have to panic and just wait for the coins to recover together with the BTC, if you sell will have a loss of money, and with the panic to the market is in the red and only wait for the market to normalize.
I have neve panic ed . Actually i was happy to buy more
Cryptos will skyrocket soon:
>200tn USD is parked in asset classes which are massively overvalued and are about the implode (stocks, bonds etc).
<0.4tn USD is invested in cryptos, of which some are massively undervalued due to yet to be widely acknowledged world changing potential.
Large money flows will move into the crypto space soon. Limited coin supply results in skyrocketing coin prices.
Look into DeepOnion (ONION) and Nuls (NULS).
>200tn USD is parked in asset classes which are massively overvalued and are about the implode (stocks, bonds etc).
<0.4tn USD is invested in cryptos, of which some are massively undervalued due to yet to be widely acknowledged world changing potential.
Large money flows will move into the crypto space soon. Limited coin supply results in skyrocketing coin prices.
Look into DeepOnion (ONION) and Nuls (NULS).
I fully agree with you! This is a great tip. I think it's worth buying bitcoin now, because in a month it will be more expensive anyway)
We don't have any reason to panic sell. Just look what price was 1 year ago and you will understand that you still in profit if you don't sell , just Hodl
Cryptocurrency is meant for brave minded person in the sense that they take risk at any time besides life it self is all about risk I see no reason why some people waste their Digital assets in the name of panic! And when the price comes up again now they will still be the once crying and regreting I will advice all Bitcoin owners to be patient because the best is yet to come we will all smile again soon.....
Thanks for the advice it will help many people understand that at the time of bloodbath people should buy more instead of selling because after every bloodbath market grow again so if we buy when its down we will get more profit.
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!
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!
I agree to that, most of the pioneers like me does not even bother on the prices in the market right now because we already know that the market will still go back to normal after a few months, the good thing to do right now is to invest while the value of the coins is still very low in order to earn a lot of profit when the market goes back to normal.
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