Don't panic | Bitcointalksearch.org

gwdf1

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Quote from: kramchers on September 27, 2021, 08:22:43 AM

Quote from: akirasendo17 on July 16, 2021, 08:59:21 AM

Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.

Here let me give you the meaning of panic in trading of cryptocurrency such as follows:

1. Lack of knowledge
2. They are not prepared or unaware for this situation.
3. They are afraid to lose their capital
4. Possible their capital came from the loan not so sure just an options.
5. And they are impatience

These are all in my mind why they are on panic when the market is down.

So everything goes from absence of the strategy and unnecessary emotionality. To be a successful investor you have to study this market to make up a strategy and then follow it without redundant emotions. As fear is an emotion that makes you make wrong decisions and as a result lose. And when there are many people who don't have a strategy and very emotional, we see this panic on the market.

btc78

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Quote from: akirasendo17 on July 16, 2021, 08:59:21 AM

Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.

The main problem about why people losses too much funds in their investment is the idea that they tend to listen to others specially in FUD spreading , their plans changes when thy read or watch some stupid news.
instead of digging deeply ? decision making take effect sooner before they even learn the real score.
Prevent yourself from reading too much news.
and prevent yourself from listening to other people.

kojektea

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I often meet. Even I who have been in the cryptocurrency world for quite a long time until now can still experience panic. Looks like it's very hard to get rid of. It would be better to invest a large amount and forget about it. Let it pass a few years later and see the results.

Pithaxz

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usually people often panic sell because they lack analysis in choosing the coins they want to invest, so that after being invested suddenly the market price changes down so they lose a lot of money. wrong investment, and it is true that there are also many losses for investors. because he doesn't wait for crypto market movements so he doesn't realize that he has bought or sold suddenly so that after the market changes, goes up or down there is regret for lack of patience

bison

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Quote from: mulia sabee on September 23, 2021, 05:01:15 AM

Sometimes they can't control their emotions, just like China's policies are introduced one after another. Most Chinese crypto enthusiasts will choose to sell their tokens. News in their own country will make them more psychologically affected and pressured. Chinese miners also choose to move out of China, so they need to be psychologically prepared for unpredictable situations in the market.

The situation in China is currently a real mental test for crypto fans, prohibitions after prohibitions always appear there, if I were in their current position, I would definitely choose to move from there, let alone crypto income being the main income to meet the needs of daily life -day, because if you force yourself to stay there it will be very detrimental, coupled with the many corrections that are happening in the crypto market today.

MonaLeeTracy

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That's a natural thing in investing, No one has managed to make continuous profits in cryptocurrency. FOMO in cryptocurrency is real, but investor must be patient and not easily panic sell so as not to lose everything.
Cryptocurrency are volatile assets, investor who want to start investing in cryptocurrency must take into account the investment risks they will face. Profit and loss have become an inseparable part in the cryptocurrency industry, So investor must be prepared with all the possibilities that will happen.

kramchers

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Quote from: akirasendo17 on July 16, 2021, 08:59:21 AM

Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.

Here let me give you the meaning of panic in trading of cryptocurrency such as follows:

1. Lack of knowledge
2. They are not prepared or unaware for this situation.
3. They are afraid to lose their capital
4. Possible their capital came from the loan not so sure just an options.
5. And they are impatience

These are all in my mind why they are on panic when the market is down.

junmisakiro

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Many beginners have to suffer losses investing in crypto because many of them do not want to learn first how to invest properly so they panic when the market price does not match their expectations, beginners usually only rely on hype and FOMO when they want to enter the market.

Twinscoin2017

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It is hard to control emotion when it comes to money. The process of Panic selling occurs when a stock price rapidly declines on high volume. And we can't deny the fact that most of the newbies are doing panic selling and loss, some of the expert also feels uncomfort with the price movement because of the high volatility, but they can control thier emotion because they experience so many same hard situations before they become expert. So I suggest to continue learning and be more wise in the next trade for good.

zaim7413

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Quote from: ASALAMUALAIKUM on September 27, 2021, 12:38:30 AM

yes, usually panic occurs when buying at a high price and when the price suddenly drops he takes the option by cutting losses which in the end suffers deeper losses. in this case it often happens to new coins when the listing price reaches 50% and after that it can't last much longer.

Welcome to those of you who have just joined this very interesting discussion forum, but I wonder why you immediately appear on a topic that discusses panic, have you also faced a panic when trading on certain exchanges?

ASALAMUALAIKUM

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yes, usually panic occurs when buying at a high price and when the price suddenly drops he takes the option by cutting losses which in the end suffers deeper losses. in this case it often happens to new coins when the listing price reaches 50% and after that it can't last much longer.

joaoenmanuel

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It is important to research very well the crypto project in which we want to invest. In my opinion it is safer to bet on coins that offer the possibility of obtaining passive income either by masternodes or staking

Cindella

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Many people feel panic when the crypto market changes and is in a downturn, especially for crypto beginners who are unable to control their emotions due to market panic, making wrong decisions and failing transactions.
You can start investing and trading with a small amount of capital, and learn how to control emotions and risk management. We should avoid panic to reduce economic losses, and be patient and wait for prices to rise.

MaiQwaN

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Quote from: mulia sabee on September 23, 2021, 05:01:15 AM

Sometimes they can't control their emotions, just like China's policies are introduced one after another. Most Chinese crypto enthusiasts will choose to sell their tokens. News in their own country will make them more psychologically affected and pressured. Chinese miners also choose to move out of China, so they need to be psychologically prepared for unpredictable situations in the market.

A wonderful feature of the crypto market is that it has a worldwide distribution, does not have a single national homeland, and practically cannot be limited by anything. Therefore, the prohibition of the Chinese authorities will not have a major impact on Chinese crypto holders.

SacriFries11

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Quote from: mulia sabee on September 23, 2021, 05:01:15 AM

Sometimes they can't control their emotions, just like China's policies are introduced one after another. Most Chinese crypto enthusiasts will choose to sell their tokens. News in their own country will make them more psychologically affected and pressured. Chinese miners also choose to move out of China, so they need to be psychologically prepared for unpredictable situations in the market.

Every single year China make these moves all over again and I think they intended to do this to manipulate the price of BTC & other cryptocurrency. There reasons are the same every year they just relaunch the same issue about cryptocurrency. But in the other hand, they secretly make their move to create their own digital money to use it in there country. We totally saw how China have big impact in cryptocurrency. Best time to buy for us.

gooders

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Experts from the United States, who see positive prospects in the Chinese ban, are especially smiling, fearing interest rates.

Celinena

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Quote from: akirasendo17 on July 16, 2021, 08:59:21 AM

Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion, for newbies never ever just bought something you really know nothing about, that's one of the rule, research is needed, your money is important so don't waste it with wrong decisions, if you decided to what coin to buy, don't sell with small movement crypto is volatile, make some target for losses and earning.

I have gained an experience. Every time I feel panic, it is a rare opportunity for the market to buy. This is the case every time. But most of me have not grasped this opportunity.

freedomgo

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Quote from: usaha jaya on September 24, 2021, 12:07:36 AM

In order not to panic, first examine the market movements so that they are trained and avoid the risk of loss, and most importantly, don't be greedy.

Panic is usually done by newbie short-term investors, the market situation has to be evaluated and must be monitor closely so the timing is achieved. For long term investors, we don't need to sweat it out, just read the news and know the reason why the market dump, if it will not result in making its future look bad, then we just have to relax and wait until it rebounds as FUD is normal in the space.

gooders

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I worked out the rebound to the 20 week, it has always been like this, then only down into accumulation, the volumes are merged, no one will buy them back from the home, they will now be knocked out from them with a dump

usaha jaya

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In order not to panic, first examine the market movements so that they are trained and avoid the risk of loss, and most importantly, don't be greedy.

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