Don't panic - page 3. | Bitcointalksearch.org

chichigirl

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Quote from: akirasendo17 on July 16, 2021, 09:59:21 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.

Indeed! you are correct. Our money is important so do the right thing and research first. You are taking some risk in trading but losses can be minimize when we do some research first before doing an investment. Learn also how to manage your investment in crypto when it comes to the sudden change of price. It is important to learn how to observe the changes and the most important is..do not panic.

lousie9

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Quote from: akirasendo17 on July 16, 2021, 09:59:21 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 thing when we are going to invest in Crypto is knowledge of the existing systems in the Crypto world and some existing assets but we also need to build confidence and mentality because when we do something related to money, our mentality will be very strong. test and if we panic quickly then what happens we will continue to lose when trading or investing in Crypto then mentality is also very important when we invest.

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Quote from: globalpain on September 15, 2021, 09:17:14 AM

Quote from: ?? on ??

Panic is a bad trait and makes us regret, an investor must be able to control himself so he doesn't panic when he sees the market situation, the best way to avoid panic is to focus on goals, if we invest in top coins then we must be sure that the price will recover soon.

To be honest for me personally it is not easy to avoid panic when we see that the market situation or condition is not good,
but indeed we must learn at least to manage and control ourselves,
besides panic can also make us lose money so don't ignore it

It is quite natural to be upset when you see your portfolio worth declining sharply. The best strategy which most of Professional adopt is to decide , how much loss can I bear if market goes against my trade before we take any long or short position because nobody can correctly predict the market over a period of time because markets are very volatile and not easy to predict next move of the market.

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the fact is that majority just want to make money but dont want to work for it. many just follow hypes coins and news and thrown in money which they usually lose on them. not pannicking means that you have done enough research and ready to go through thick and thin to make profit. investment is risky and has a part where you will encounter loses also, so dont get carried by profit making vibers on social media without any loses.

In order to earn good money, you need to have a lot of knowledge and experience about the cryptocurrency market. At the same time, you should always understand that nothing can be done just like that. Working in the market is very difficult and only being in peace can you become successful. Gradual steps to success that are accompanied by experience and knowledge are much better than a quick flight and an equally quick fall.

bison

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Quote from: ?? on ??

The stop loss menu is good for preventing big losses, I like to use a maximum stop loss of 20% from the latest price, with a lot of trying we will get used to facing difficult things so we don't panic when the price drops, especially this is a crypto whose prices are difficult to predict.

This is the easiest way to anticipate bigger losses, especially for those who don't have time to watch the market all the time, whether he is a beginner or someone who has been trading in the crypto market for a long time.

The use of the stop loss menu at 20% is considered too large, maybe beginners can reduce that value, because for beginners a 20% loss will definitely be felt, but it all comes back to our ability to compromise the losses we will get.

BD Crypto

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Actually you are right and we really should not panic in trading. But when market is being manipulated by whales then holding our funds will be the worst decision in trading.So I will advise to all traders to use stop loss function in every trading.That will help you a lot in trading.

Because losing a small asset is better than losing all.
So we should make analysis before placing any order and should use stop loss always and its mandatory for new traders.

elisabetheva

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we can't blame that most people want to make a profit from as much as possible not doing things that are not difficult, of course they will invest in bitcoin. but sometimes they already know that putting money in bitcoin investments will certainly be safe, but when they see a red situation and are corrected they are carried away by excessive panic and make the wrong move by selling the investment with the aim of not losing too much, even though that is actually wrong.
Bitcoin investment will always be profitable for the long term, namely during the halving period (4 years).

Excessive panic is natural but they must learn about this in more depth and analyze and see from the experience that has happened. Bitcoin investment is guaranteed to be safe other than you are investing in altcoins that may disappear from the stock market.

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Quote from: akirasendo17 on July 16, 2021, 09:59:21 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.

Some people are losing money in crypto because they don't have a strong hand to hold, they easily becone panic when they saw the market is bloody and start selling at loss. It is written by some expert here that we will not loss if we don't sell at loss,but still there are a lot of hard headed trader that always sell at loss and those trader is the small trader or newbies, because if you are a small trader you only used a small amount of capital or you can't afford to buy big amount of tokens those traders is always afraid to loss because they only have a small amount of capital, while big trader is the trader that is already rich or millionaire and they are not afraid to loss that is why they earn a big amount of profit. Because they have a lot of money that they can used anywhere for their expenses or in everyday needs and I am sure they can purchase token and forget it for a year, I think everyone status has also a big effect on losing because of selling at loss.

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Quote from: akirasendo17 on July 16, 2021, 09:59:21 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.

If they are traders who have been acquainted with crypto for a long time, they will not panic when they see the market being dumped. Because we have learned from the experience of previous years. Maybe new traders, they need special guidance in the context of trading. But I often lose because of basic needs that must be met. Because I do not have special capital for trading. I'm only looking for opportunities from a small portion of the assets I currently have.

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Quote from: ?? on ??

Panic occurs there are several reasons in crypto especially for beginners when there is a big correction occurs then all coins will be sold, I think they are not wrong, only circumstances that make us panic unconsciously we warn others without us realizing we are caught in a red line in the market, panic that has happened is a lesson for us not to lose money in crypto.

If the situation is indeed red, we cannot say that panic is only for beginners but experienced ones will also experience it and that is a natural thing. the difference is that the panic of beginners is true that they will immediately make a sale without looking and analyzing it again. but it will not happen to those who have experience, because they will analyze it before taking action, so that the loss will be muted so as not to lose too much.

Quote from: freedomgo on September 16, 2021, 09:37:07 AM

Newbies are vulnerable to that, it usually happens during the bull season as they love to jump in the market despite the timing is very bullish, so when there's a correction, they usually get easily affected. When newbies thinks like newbies, they seem to make a decision based on their emotion, and that is not wrong, the result will be, either they'll lose their interest or they'll learn from their mistakes.

all beginners are certainly right to do that and we have to understand because the situation experienced is probably the first time and as a beginner will take actions that can result in losses for him. but it must be remembered that all have experienced like this and it's only natural.

but mistakes are knowledge that can be used for the future not to do it again, let it make a very meaningful learning.

Benefactor

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The issue on this High influence exchanging was the value development on crypto is exceptionally unstable, You may in benefit for a seconds then, at that point consume it all once the market turn around in a flash. They see crypto as a simple method to cash out, an easy money scam, which is mistaken really. They bet everything and afterward are caught on the grounds that most occasions they put resources into crappy tasks that at last. The other thing that merchant need to believe is the means by which they can take benefit while the cost increment.

coiner-88

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They smell hazard however they acknowledge hazard and they are promptly to bet. They use influences wildly and were exchanged. Beginner needs to a quick stage procuring that is the reason they are now betting on influence exchanging with high influence just to acquire rapidly. The issue on this High influence exchanging was the value development on crypto is extremely unstable, You may in benefit for a seconds then, at that point consume it all once the market turn around quickly.

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Quote from: Slon55koz on September 16, 2021, 10:33:34 AM

Panic moods in the market are very dangerous, especially for beginners. I see how many of them give in to panic and begin to take those actions that cause profit losses. This is very dangerous because not only a person loses money, he also loses faith in himself and in his future in the cryptocurrency market. Only calmness and confident decision-making will help people who came to the cryptocurrency market for success and profit to avoid critical mistakes that do not allow them to realize their huge potential.

Peace will only be obtained if someone really knows what they are buying, for beginners who just follow the trend without doing research the longer it will only lose their confidence because they are faced with very volatile charts in the crypto market, need further learning for those who experience panic, in order to obtain the possibility and be wiser in responding to market conditions.

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Quote from: bison on September 15, 2021, 11:22:27 PM

Quote from: akirasendo17 on July 16, 2021, 09:59:21 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 highly volatile Crypto market is very risky for those beginners who carelessly buy coins without doing a research, it will only cause panic when there is a decline like some time ago, it causes a lot of panic selling that occurs, when deciding to invest we must really be careful. really know what will be our assets but in the process of waiting we should not get carried away with emotions, calm down and observe.

Panic moods in the market are very dangerous, especially for beginners. I see how many of them give in to panic and begin to take those actions that cause profit losses. This is very dangerous because not only a person loses money, he also loses faith in himself and in his future in the cryptocurrency market. Only calmness and confident decision-making will help people who came to the cryptocurrency market for success and profit to avoid critical mistakes that do not allow them to realize their huge potential.

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Quote from: ?? on ??

Panic occurs there are several reasons in crypto especially for beginners when there is a big correction occurs then all coins will be sold, I think they are not wrong, only circumstances that make us panic unconsciously we warn others without us realizing we are caught in a red line in the market, panic that has happened is a lesson for us not to lose money in crypto.

Newbies are vulnerable to that, it usually happens during the bull season as they love to jump in the market despite the timing is very bullish, so when there's a correction, they usually get easily affected. When newbies thinks like newbies, they seem to make a decision based on their emotion, and that is not wrong, the result will be, either they'll lose their interest or they'll learn from their mistakes.

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Big investors work with big money. When an investor needs to get into a pose or merge at a good price, he turns to the desk, and he is already working with the exchanges, professional traders are sitting there, the videos even here were like Asians, like the Asians at their computers, drop the cue ball on September 7th.

bison

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Quote from: akirasendo17 on July 16, 2021, 09:59:21 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 highly volatile Crypto market is very risky for those beginners who carelessly buy coins without doing a research, it will only cause panic when there is a decline like some time ago, it causes a lot of panic selling that occurs, when deciding to invest we must really be careful. really know what will be our assets but in the process of waiting we should not get carried away with emotions, calm down and observe.

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Quote from: Lubang Bawah on September 15, 2021, 10:48:50 AM

Panic is something that will make us disappointed, we must be able to control ourselves so as not to panic, today when I checked some of the tokens I bought a month ago they dropped almost 40% but I have to focus on the goal, which is to make a profit so I won't sell it though I lost 40%.

40% in drop actually can make some people panic, especially they who bought with a big amount.
For example if we bought $100k in coin, then we would have a loss around $40k because our coin dropped 40%.
Panic won't give any solution, the opposite, it will bring more problems because our decision can be affected by our emotion.

Lubang Bawah

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Panic is something that will make us disappointed, we must be able to control ourselves so as not to panic, today when I checked some of the tokens I bought a month ago they dropped almost 40% but I have to focus on the goal, which is to make a profit so I won't sell it though I lost 40%.

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Quote from: akirasendo17 on July 16, 2021, 09:59:21 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.

Panic is already due to certain errors of a crypto enthusiast, for example, a beginner in this business, a confident trader never panics and enters into a deal with a complete analysis of the situation and with a cool head, I always panicked when the coin went down sharply rapidly, but with experience I understood from the charts or according to the analysis that after a while I was catching pumps and making money.

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