Don’t panic! - page 56. | Bitcointalksearch.org

Distinctin

hero member

Activity: 2926

Merit: 657

No dream is too big and no dreamer is too small

Quote from: kostagr33k on June 03, 2018, 04:45:21 AM

I agree. In a small price there is nothing wrong now is a good time to buy. And then when the price rises again, you can make money to sell.

That is very easy to execute if you believe that the price will again rise.
If you are a short term trader, you will keep buying now, in the right time the price will rise, big news will definitely come this year which
will create FOMO like what we witness last year.

kostagr33k

full member

Activity: 309

Merit: 100

I agree. In a small price there is nothing wrong now is a good time to buy. And then when the price rises again, you can make money to sell.

3x1t

member

Activity: 233

Merit: 10

i bought bitcoin for $17000 and don't panic now. But it is because i bought it for free money and i can wait even for 2-3 years. I know it will cost 50k, 100k $$.

Brunoaoi007

newbie

Activity: 156

Merit: 0

selling when panic is not very profitable for us, you definitely more losses if sold when panicked. Be patient and believe that the price will be high again is the key, if you have bitcoin do not you do panic sale, bitcoin is a good asset so it is not possible the price will be destroyed. Bitcoin has great potential, and I'm sure that by the year 2020 the price of a bitcoin can go crazy. So be patient and keep track of the movement of bitcoins every week.

Criptonline

member

Activity: 234

Merit: 10

Quote from: NikoF on April 14, 2018, 06:39:21 PM

stop panicking and selling just relax and bitcoin is going to reach 20000$ in summer!

Summer has already come, but bitcoin is not going to grow. Probably, something went wrong.
But seriously, I'm sure that this year we will not see the growth of the cryptomarket, as in 2017. There are no new investors, so the value of coins will gradually fall.

xws

newbie

Activity: 105

Merit: 0

In this industry, panic is the loss of money. You have to choose immediately how you react to those or different events. Have an alternative plan, and do not store everything in one basket, in a decent case, when all your savings will wait for growth, and you need to trade both on lifts and on recessions.

Plixs

full member

Activity: 297

Merit: 102

Just like what the others said, spending when the price dropped would only lead to profit loss. So instead of selling or spending the bitcoins you've hold why not buy more of it? Buy more when the proce decreased and continue to hold it until it satisfies you.

clonedone

full member

Activity: 350

Merit: 100

I almost never panic because I strongly believe that bitcoin will hit $15-20к by the end of the year. I think we all have to be patient and stay calm because this is the main rule to succeed in the cryptocurrency and investment.

Ryanpaul80

newbie

Activity: 294

Merit: 0

In my opinion Market is somewhat manipulated by big players. on the other hand , Crypto is gaining attention and a day will come crypto will become mainstream. so, there is no reason to be panicked.

Gimblaz

newbie

Activity: 115

Merit: 0

Panic is much felt today stay calm in situations if you are pation in the next few months or years your coin Will experience an increase ini the decision to be on your own do other work for some time

Axetrd

newbie

Activity: 140

Merit: 0

Yes, exactly what you said. Main rule is do not panic. We just need HODL and do not let whales buy our coins for cheap.( I mean dips) That's they are waiting for. It is almost prove that dip for last month was manipulation. So just do not sell you portfolio and we will see a sky rocket growth for all crypto!

DmitFomin

jr. member

Activity: 280

Merit: 3

BTC $1 mln.

Quote from: ntodntodan69 on June 02, 2018, 06:36:06 AM

I am also very panicked now, I have bought some kind of altcoin and at this time the price is very fall, if i do cut lose now i will experience big loss, what i have to do.?

I also often have a panic when I see that prices have fallen dramatically, especially when I bought at a price, and over time it lost 20-30%. This is always a pity, even if you know that prices will still grow in the near future.

Dasinc

newbie

Activity: 49

Merit: 0

Quote from: NikoF on April 14, 2018, 06:39:21 PM

Hello, why everyone is so afraid of crypto market falling again? I think this 1000$ bitcoin growth is the new beginning of rapid growth of all crypto market! Guys don’t be so depressive, stop panicking and selling just relax and bitcoin is going to reach 20000$ in summer! Cool

Good day! But that even would be increased, and then bought bitcoin, and then he fell in twice(( very sorry, I'm really looking forward to it

ntodntodan69

newbie

Activity: 294

Merit: 0

I am also very panicked now, I have bought some kind of altcoin and at this time the price is very fall, if i do cut lose now i will experience big loss, what i have to do.?

niublity

member

Activity: 378

Merit: 10

Because many people predict that this time when the market falls, it will have a big rate of decline! Many investors who are prepared to hold money for a long time are afraid to suffer huge losses, so panic selling has occurred!

tphonetic

newbie

Activity: 18

Merit: 0

I think a lot of people who have panicked already sold their coins when Bitcoin's value was $ 8,000. I believe that there are people in the market who trust in crypto. And many people hold their coins long-term.

maimai2958

newbie

Activity: 21

Merit: 0

When the market falls, we should not be too scared, because this is a normal phenomenon in the encryption market. If I have enough funds, I will continue to purchase some cryptocurrencies in this falling market. Wait for the market to rise.

thend1949

hero member

Activity: 798

Merit: 500

Quote from: KenChanYu on June 01, 2018, 01:08:00 PM

Quote from: Bustart on June 01, 2018, 10:37:43 AM

Quote from: Cling18 on June 01, 2018, 10:10:43 AM

Quote from: NikoF on April 14, 2018, 06:39:21 PM

Hello, why everyone is so afraid of crypto market falling again? I think this 1000$ bitcoin growth is the new beginning of rapid growth of all crypto market! Guys don’t be so depressive, stop panicking and selling just relax and bitcoin is going to reach 20000$ in summer! Cool

I agree with you. Panicking won't help us grow as traders so we must learn how to handle and take control of our emotions. It is important that we know how to deal with the changes that we might face here in trading so we must know when to sell and when to hold. It will take a lot of patience before we reach our target but it is all worth it.

We tend to be impulsive at times, we're overpowered by our emotional weaknesses, and tend to panic. It's the most common mistakes that most traders and investors do, not knowing that it contributes to the dump and it does not help yield better results. We can cope up from this if we understand more on how to deal volatility, and other economic factors that causes the price to rise and fall, it's about full awareness about the nature of cryptocurrency.

We all have different responses on any situations, however there are really times where we can't control our emotional stress that will lead us to panic and decide quickly and it may be hard to deal with it. We all go through on that stage of life, but sometimes we also need to learn how to overcome and face our fears, to never be afraid to fail, think positive thoughts, take a deep breathe for stress management and relief. Keep calm and don't be too affected on bad situations in crypto world, it's normal and temporary.

The crucial factors in panic selling can be excitement, eagerness or emotional trading. These are mostly triggered by fear, market condition or overthinking about negative news and misconceptions. Know your strengths and weaknesses, be visionary, be brave to think success no matter how hard the situation is, take it as a tool to achieve your goals and purpose why you participate in the crypto industry. Things are unpredictable, life in cryptocurrency is surprising at times, but I always believe we can suppress panic if we acknowledge that it's real and think of what negative impact it can give to our lifestyle and how it could constantly destroy us and the community of cryptocurrency.

KenChanYu

hero member

Activity: 1139

Merit: 500

Quote from: Bustart on June 01, 2018, 10:37:43 AM

Quote from: Cling18 on June 01, 2018, 10:10:43 AM

Quote from: NikoF on April 14, 2018, 06:39:21 PM

Hello, why everyone is so afraid of crypto market falling again? I think this 1000$ bitcoin growth is the new beginning of rapid growth of all crypto market! Guys don’t be so depressive, stop panicking and selling just relax and bitcoin is going to reach 20000$ in summer! Cool

I agree with you. Panicking won't help us grow as traders so we must learn how to handle and take control of our emotions. It is important that we know how to deal with the changes that we might face here in trading so we must know when to sell and when to hold. It will take a lot of patience before we reach our target but it is all worth it.

We tend to be impulsive at times, we're overpowered by our emotional weaknesses, and tend to panic. It's the most common mistakes that most traders and investors do, not knowing that it contributes to the dump and it does not help yield better results. We can cope up from this if we understand more on how to deal volatility, and other economic factors that causes the price to rise and fall, it's about full awareness about the nature of cryptocurrency.

We all have different responses on any situations, however there are really times where we can't control our emotional stress that will lead us to panic and decide quickly and it may be hard to deal with it. We all go through on that stage of life, but sometimes we also need to learn how to overcome and face our fears, to never be afraid to fail, think positive thoughts, take a deep breathe for stress management and relief. Keep calm and don't be too affected on bad situations in crypto world, it's normal and temporary.

Bustart

sr. member

Activity: 658

Merit: 250

Quote from: Cling18 on June 01, 2018, 10:10:43 AM

Quote from: NikoF on April 14, 2018, 06:39:21 PM

Hello, why everyone is so afraid of crypto market falling again? I think this 1000$ bitcoin growth is the new beginning of rapid growth of all crypto market! Guys don’t be so depressive, stop panicking and selling just relax and bitcoin is going to reach 20000$ in summer! Cool

I agree with you. Panicking won't help us grow as traders so we must learn how to handle and take control of our emotions. It is important that we know how to deal with the changes that we might face here in trading so we must know when to sell and when to hold. It will take a lot of patience before we reach our target but it is all worth it.

We tend to be impulsive at times, we're overpowered by our emotional weaknesses, and tend to panic. It's the most common mistakes that most traders and investors do, not knowing that it contributes to the dump and it does not help yield better results. We can cope up from this if we understand more on how to deal volatility, and other economic factors that causes the price to rise and fall, it's about full awareness about the nature of cryptocurrency.

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