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Topic: Don't panic! - page 9. (Read 2249 times)

member
Activity: 126
Merit: 11
ICO Starting on 1st of April
February 05, 2018, 01:59:00 AM
If you invest a lot of you hard earned money from your own pocket then it's normal that you feel panic this time because I know that everyone invested cryptocurrency with one purpose, to get profit someday and that's why many of us are investing for short-term and long-term investments because we to see our good future.
I would say, don't panic and hold your money as tight as you could because after this crisis, Cryptocurrency will soon going to the moon.
Panic will lead you to lose your investments and will take away your happiness...
hero member
Activity: 1036
Merit: 504
February 05, 2018, 01:53:57 AM
I am not panicking but as we know that the markets are still going to go down further, we have decided with my Wife to sell off a small portion of our portfolio to get some health issues done and basic house repairs, like a leaking roof fixed and not delay our lives any longer. If the market turns then we still got 90% of our portfolio in tact to rise and make some profit from. In any case whatever we have is a bonus as we earned all our coins through working hard on the internet. Of course if we had sold at ATH few weeks ago we could have probably semi retired with that money but never mind we make mistakes and we learn but I am not panic selling but strategically planning and making use finally of some of the income sitting there, not just for survival, but at least to make our lives a little ibt more comfortable in the mean time and if one day our coins left we hold moon, then we might even take a nice family vacation.  Grin
member
Activity: 294
Merit: 10
February 05, 2018, 01:49:03 AM
for a person who has a coin by buying it will surely panic but for who gets a coin from airdrop or other free coins probably will not panic because it does not spend a lot of money to get the coin
full member
Activity: 172
Merit: 100
Decentralized Ascending Auctions on Blockchain
February 05, 2018, 01:43:38 AM
Yes, I agree with you. You should search google to know that most of information now are fake news. For example, South Korea, India do not ban cryptocurrency, they just wanna control them. So, let's calm down in any situations.
newbie
Activity: 189
Merit: 0
February 05, 2018, 01:42:08 AM
There's no point getting into panic about Altcoins situation, quickling selling of altcoins without thinking carefully or because of the current exchange problem might not be the best of it, one could rather buy when the price is still low, investment involve risk taking, which is so paramount in cryptocurrency for any one who wants to be successful. All are not that easy though buh one have to always  remember that patience dog eat the fattest bone. The current dip don't mark the end of cryptos'.
jr. member
Activity: 224
Merit: 2
The Experience Layer of the Decentralized Internet
February 05, 2018, 01:19:10 AM
I have to agree, there's really not much need for panic. Rather buy while the price is still low. Looking at trends from the past year, there's good reason to believe that the prices will steadily increase within this year. As the adage goes, patience is a virtue.
member
Activity: 416
Merit: 42
February 05, 2018, 01:12:16 AM
i completely agree with u. patience is the key to success here in crypto world. if u panic then u will losse
newbie
Activity: 76
Merit: 0
February 05, 2018, 01:04:52 AM
I do not panic at all but I wait for when bitcoin and altcoin will return as before or more. does anyone know about future logging later?
sr. member
Activity: 1078
Merit: 262
February 05, 2018, 01:02:45 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!


Good thought , many new holder of crypto sells when they saw the price fluctuating they are not familiar with the flow like me before when im new in crypto when the price goes down I usually sell and i regret when the price goes up . Some when the price is fluctuating the best thing to do is to hold or to buy some coin.
member
Activity: 84
Merit: 10
February 05, 2018, 12:52:38 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!

You have written very reasonable thoughts. Investors listen to them!
jr. member
Activity: 318
Merit: 1
February 05, 2018, 12:38:40 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!

Very correct reasoning, fully support. Anyone who will not sell now will soon be in a good profit. The market will necessarily go up!
jr. member
Activity: 672
Merit: 1
Moderator
February 05, 2018, 12:37:20 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!

I am totally agree with u. I am also loosing faith and very panic when saw very big loss. But after reading many article i can understand this is a market trend. And this is not a time to panic although this a chance to invest more at current level and make an average, hold it for long term or gain maximum profit from this. So thankful to all who encourage peoples for positive thinking.
newbie
Activity: 102
Merit: 0
February 05, 2018, 12:36:19 AM
Only weak hands will sell their coins when they see it going down. I do it too in the past i sell my bitcoin because i did not know if my investment will turn up to -50% or to zero. Then after doing that the price goes back again and recover a little. I think i might disregard this panic things because it only will lead to my losses. Now, I just continue holding and don't care of the downtrend of the price.
hero member
Activity: 1372
Merit: 564
February 05, 2018, 12:32:25 AM
This is not the end. You should have in mind that there are still some great technologies coming up in the next months. Bitcoin is up for over 9 years.
Yes that's right don't panic it is the right thing to do when there's a dumping in the market. Or else wait until it rise again and be patient because its natural to cryptocurrency to goes down and up, so you should wait because there's no reason to panic.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
February 05, 2018, 12:22:13 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!

this king of thread is what we need now,this aspiring post in which pursuing the bitcoiners and alt holders to keep working.dont anticipate trolls thread to make you panic,instead only read those post of encouragement to boost our morale..we can make this red community back in green if we will just support each others..tell each others and push each others  ,we will benefits from this sooner i trust my coins
member
Activity: 140
Merit: 10
EFFECT.AI▲Decentralized network for A.Iυ
February 05, 2018, 12:12:04 AM
Agreed with most of the posts saying to hold. This is just a correction as previous month was just too bull and it was obvious that prices would be unsustainable. Give the market some time to establish support levels and it will definitely grow again in the upcoming months.
newbie
Activity: 112
Merit: 0
February 05, 2018, 12:09:53 AM
Yaa wise suggestion  don't panic Stay keep calm and be patient . Right now this is the time to buy and average. If you panic and sell then you lose your money.
full member
Activity: 406
Merit: 100
February 05, 2018, 12:04:11 AM
Yes indeed the current price is still in poor condition That's why we need to try to be patient and keep trying to earn altcoin profits every time But the only way someone to restore this state is to buy back the previously declining coins.
newbie
Activity: 196
Merit: 0
February 04, 2018, 11:40:38 PM
yeah dont panic folks. which do you prefer?
cut a loss or wait til profit ?
i will wait until the crypto market recover.
i still have a faith in crypto.
full member
Activity: 364
Merit: 100
February 04, 2018, 11:37:20 PM
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!


People really tend to panic when they see that they are losing profit and I think its just normal, but in the ,crypto world especially when you know that you are holding a great coin, a coin that has lots of potential and that it is gonna be big, I would say that panicking is not an option, and we should continue to hold and let it make us the profit that we want. So panicking is not gonna do us any good.
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