Topic: Don't panic - page 16. (Read 12276 times)
I also agree that panic sellers mostly lose their money panic sale when they hear any rumor. I always believe DYOR is the best method for earning from crypto and avoid listening rumor, panic sale etc. Patience is the key to make profits here. Whenever i want to invest in a particular coin, i don't believe in sale in small fluctuations.
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.
You can't blame them especially when they invested a huge amount of capital and the market seems like no signs of recovery. However, if they know how the market works these last few years, they won't gonna be surprised by this kind of scenario since it will gonna recover sooner or later. All we can do is just wait, as long as we followed the simplest rule "invest what you can afford to lose".
Not only newbies, but if someone with experience will invest without doing research and sell on such a condition when the market condition is not good, then he will suffer a loss.
And stay away from shitcoin/tokens as much as possible. These are pump/dump tokens in which you may face losses by investing
And stay away from shitcoin/tokens as much as possible. These are pump/dump tokens in which you may face losses by investing
~ but it can not be applied in all cases, some altcoins go down for a long time.
A long-term investment is the best strategy. And if the coin you bought is one of the top 10 then don't worry
Yeah, I think also that the biggest reason is panicking. There are so many people who are doing this in the market and we call them as 'panic-sellers'. They cause a really serious bubble whenever they panic sell. I think that it would be really good if these people are taught about it somehow.
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.
Most people doing panic are newbie in this business. Mostly these people directly entered the crypto without even doing a review or research. Most common senario is when they bought the coin in that corresponding price and the market crushed that the time they make a panic and withdraw there funds in the lower price, so the ending is lossing of funds.
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.
Yep, I agree with you, the key is to use your logic to think, don't use your hunches or feelings. Analyze the situation using logic and don't eat FUD news or rumors that shake your decision. You must be good at filtering news/information, whether this information is true or false. Mostly, traders always eat wrong information and just go along with it without analyzing the price movements of the crypto asset. 
Why do people lose money in crypto? the number one reason is panic, they tend to be controlled by emotion
Panic is happening if you have no enough knowledge and not confident with your assets. You must know much about the nature of crypto market, current issues, and the potential of your crypto assets. If you understand about these, you won't be panic about everything, including current bad news. About controlling the emotion, it can be mastered along with your experience in investment or trading. Once you have spent a long time in crypto market, you will know how to control your emotion.Panic is indeed the number one factor for new players who can't set a target to make a profit, It's because they expect to be able to make a profit quickly but can't wait to wait longer to make a sale. lack of understanding of market price movements can also be the main trigger causing panic for those who are new to crypto
It's true, for those who are just starting out, of course they will always feel panicked about losses, because they actually haven't gotten anything but have actually lost, and because they also haven't been able to practice patience in dealing with such things, most of them go and break up hope. 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.
Panic is indeed the number one factor for new players who can't set a target to make a profit, It's because they expect to be able to make a profit quickly but can't wait to wait longer to make a sale. lack of understanding of market price movements can also be the main trigger causing panic for those who are new to crypto
I absolutely agree with you. Everybody should make up his own strategy and then follow it. Emotions are enemies of both traders and holders. I also lost money when I deviated from my strategy and bought on emotions. Never repeat this mistake! 
It's true, and every mistake we've ever made is a very valuable lesson too in determining another step at a different time, because that one mistake can be the key to success on other days with the same strategy. 
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 absolutely agree with you. Everybody should make up his own strategy and then follow it. Emotions are enemies of both traders and holders. I also lost money when I deviated from my strategy and bought on emotions. Never repeat this mistake!
~snip~
I know that controlling our emotions is just easy to say but honestly very hard to do.
^ That is definitely right and I strongly agree with you. There are a lot of traders and investors that always keep saying this but when in actual scenario they don't even know how to control themselves such as FUD. Panic selling is one of the worst happens while holding or trading crypto and the main factor on it is our emotion that dictates our mind to take the rest of our capital thinking that we will never gain profit in cryptos. Nevertheless, this only happens from those new in the crypto space, other's will probably know how BTC works and now they can able to hold their breath. I know that controlling our emotions is just easy to say but honestly very hard to do.
Panic can breed uncontrollable emotions resulting in always losing trades, anyone should be prepared to take market risk because if you keep holding them in tokens/coins during market dumps then there is nothing to lose unless you trade them for stablecoins or withdraw them to orders.to stable coins or withdraw it to fiat.
Yes, that is a way of dealing with panic that can happen to everyone when the market starts to fall, because every human's instinct is to always be afraid when he starts to lose, even though he doesn't show it, but in his heart there is still fear.But, if we have a positive mindset and we have the fate of what we do, this would help to feel at ease and throw away negative thoughts that cause such uncontrollable emotions.
I know that controlling our emotions is just easy to say but honestly very hard to do. I understand the feeling because i've been there too. But if we will just let ourselves controlled by our own emotions then it will not help us at all. Success will only come if we chose to be more positive even if we think the whole market is crashing down.
Panic can breed uncontrollable emotions resulting in always losing trades, anyone should be prepared to take market risk because if you keep holding them in tokens/coins during market dumps then there is nothing to lose unless you trade them for stablecoins or withdraw them to orders.to stable coins or withdraw it to fiat.
Yes, that is a way of dealing with panic that can happen to everyone when the market starts to fall, because every human's instinct is to always be afraid when he starts to lose, even though he doesn't show it, but in his heart there is still fear.But, if we have a positive mindset and we have the fate of what we do, this would help to feel at ease and throw away negative thoughts that cause such uncontrollable emotions.
Panic can breed uncontrollable emotions resulting in always losing trades, anyone should be prepared to take market risk because if you keep holding them in tokens/coins during market dumps then there is nothing to lose unless you trade them for stablecoins or withdraw them to orders.to stable coins or withdraw it to fiat.
Yes, that is a way of dealing with panic that can happen to everyone when the market starts to fall, because every human's instinct is to always be afraid when he starts to lose, even though he doesn't show it, but in his heart there is still fear. 
In every job, panic does not have to exist, because panic makes a person lose control of his mind so he does not have peace of mind, so eliminate panic and run every decision that is already very good for ourselves.
Panic can breed uncontrollable emotions resulting in always losing trades, anyone should be prepared to take market risk because if you keep holding them in tokens/coins during market dumps then there is nothing to lose unless you trade them for stablecoins or withdraw them to orders.to stable coins or withdraw it to fiat. Panic selling has indeed become a common phenomenon that cannot be avoided, this usually happens to people who are new to crypto, because it is their first time experiencing a bear market, so they cut losses. remember, you haven't lost if you don't cut loss and sell it
Yes, that's right, panic is a serious threat for those who invest, but all of that is used to itself by itself at that time everything has been understood deeply, and if the panic happens again and again, then it's best to take good steps or so as not to fall into a deep abyss.
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.
Usually beginners are too rash in buying a coin, so when the coin drops they panic, making them not know what to do, I think investing is not just an experiment that anyone can do.
Never invest without knowing the coin we want to buy, it's ridiculous to keep doing it, panic is the result of ignorance in investing, things that should happen are not predicted beforehand, so when the coin price drops there is no solution to solve it.
It takes expertise or references to invest, so as not to suffer losses, meaning don't invest because of an invitation or just listen to people's beautiful dreams, because in the end we ourselves accept the risk.
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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.
Yes, I agree with your Google statement cause personally I was holding some CHR token.when pump yesterday I was selling it .21 but the price was raised.33 just for emission control I can not profits. 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.
If you want to free yourself from panic and fear, you should make yourself as knowledgeable as you can. Ignorance usually what makes people begin panicking so if you don't want to panic, you should know how things works out here. Those mistake happens because you are less informed about the things occuring at the moment. Find the best coin you can invest with, afterwards monitor the price changes. Find what's best suit for you so that you can bring out the best for you whilst making money. Value what you invest with even though it is something you can afford to lose, it is much better to win on what you risk than to regret.Jump to: