Topic: Don't panic - page 5. (Read 12286 times)

Panic is very close to destruction, at least that's what we often hear people say, panic will not be able to control emotions, so decisions taken are not based on good and right thinking, that's why panic is very close to destruction, the crypto world requires the most analysis and thinking fundamental to minimize any risk that will occur, that's why knowledge is needed here, if panic can't be controlled, then any investment will not give us any results.

I agree with this, because of the desire to earn big in the short term, they think of raising leverages without knowing enough. Being greedy contributes a lot to why people lose. That is actually very difficult to control, especially with the sudden movement of each price of their holdings or trades.

Many new investors don't have good analytical knowledge so they just follow the flow of profits from tokens traded by other investors, then he buys them without considering any risk and when market conditions change then he will throw his tokens at the market correction price, which is important to pay attention to that greed control is the solution to avoid panic when your predictions become inaccurate due to market movements.

buying at a low price but still feeling panicky when you see the market moving dynamically will also result in a bad investment.
Although panic is commonplace, as much as possible you are quick to overcome it. because if not then there will be no progress that you can get. both from skill also related to your finances.

In my opinion, this is a common thing and very vulnerable to happen even though many suggestions and analyzes are presented. what we have to do is take care of your money, and wisely look at the market conditions. because the initial purpose of investing is to increase profits, not reduce the value of our financial estimates. So, as much as possible buy at a low price and indirectly make us a financial winner in this money market.

It's all FOMO. Many people think they can earn ''that'' amount of money in a short time. slow and sure investment is a must, It takes time to research the project you are on so you
won't waste your time and money. slow but with compounding is the way.

Usually when a person panic buys or sells he thinks that the market seems to be out of his range or if he sell or buy something at that time he will be able to get a big amount profit. But this is the biggest mistake in the crypto market. Because if the market rises today, it will fall tomorrow, but this knowledge does not appear for a while when the investor be panic. So once you get rid of it, you have to do nothing but control yourself.

Indeed these people are called weakhands because every time they saw that the market falls down they tend to do panic selling even if they lose on it because they thought that their money will goes to zero value but I suggest that every time you see that the market goes down don't panic sell but instead stay compose and be calm and wait for the perfect timing to sell and get a good amount of profit.

Yeah it's better for everyone to DYOR and while doing, pay close attention and mind to it so you don't miss out the important and key points that would come back to hunt you down after investing. Research is tend to be the key to everything, understand that basic and you'll do just fine in your investment.

Hold or patience is not the first step to do when investing, of course, you need to choose the most potential coin to hold and that would only be possible if you do some research and ensure that you also learn how to diversify the risk. There are a lot of opportunities to gain big profit when investing, but the risk is high as well, but you can always minimize the risk if you have enough knowledge, you don't just go all in like gambling, do the calculated risk.

Panicking isn't the best choice when you're dealing with the market.

It will make you lose a lot if you're not too keen with your trading and investing positions. The matter of it is important to be calm at all times whether the market has been too bad.

And you only see downsides of the charts.

Those who are lost and panicked because he is only too focused on profit or too lust, but do not learn about market price movements, it takes good analysis to be able to take the right opportunity, do the right research and follow the information well, then if that is the case right, then take action.

Here's a great article with tips for crypto investors, I highly recommend checking it out  https://blockster.com/blockdesk/1382_best-advice-for-crypto-investors-don-t-rely-on-the-ignorance-of-others

Some people were freaking out because they have huge assets on their portfolio.
The more you have, the more you loss if the price going down, even only a little bit.
To play safe, huge holders often sell their coins to cut their loss. Huge volume on sells make us think that there are some panic selling, but actually that is not panic selling.

Cryptocurrency platform is field of intelligent player. Here Panic is a world that is negative in the platform. Normally Panic buying is a type of behavior marked by a rapid increase in purchase volume, typically causing the price of a good or security to increase. Panic buying may also occur by consumers in an economy who fear that rapid inflation will erode the buying power of their money and so make excessive purchases, driving prices even higher. Everything are harmful if you are buying or selling your assets Panickly.

Embrace and understand there's value on why things happened, once you learn how to manage your emotion

in the long run there are many benefits, investing to something that you are aware makes you more comfortable

and lesser the chance of doing mistake panicking with some events that happened inside the market.

Crpto has only one rule that is patience , if you have a patience in crpto than you will achive your goal one day,  never be panic ,  safe your money and take good decison ,  before going to buy a coin ,  discuss it  here for beter knowledge

everyone clearly has a different character and panic, of course, is normal, everyone will definitely experience it, but in crypto it must be avoided and requires patience. but now I see that the events of the end of 2017 will also happen at the end of this year where ATH is formed.

buying at a high price is definitely not the best way because it's obviously difficult to get better, but I see that applies to altcoins only, but if you buy bitcoin anytime you will not lose because every time the price will increase from when we bought it.

all can be ascertained when every 4 years or also called halving, but it does take a long time to be able to return profits. so it doesn't hurt what our mate think, it can also be done to cut time so that we can quickly return the capital and can get a profit.


if the matter of falling prices is a common thing, but if we do not panic and are patient and want to analyze well then we are able to control not to make mistakes that actually worsen the situation.

obviously any news related to crypto issues will affect, good or bad news is very possible, many can not be patient and quickly panic to make steps that actually worsen the market situation.

if we hold bitcoin, of course there is no need to be afraid of a decline because one day bitcoin will increase again and create renewable ATH, but for altcoins we must be smart to analyze well and see market movements.

So bad when the pump started earlier a lot of people weren't ready to buy yet some where afraid prices would dump and they end up buying at the top thinking the trend will continue. Another thing I think should be taking into consideration is the new around the crypto industry, after investing they should try as much as possible to pay attention to crypto updates because sometimes the news affects the movement of the market.

Indeed! In trading, the most important is do not panic.In every situation do a good decision and think it carefully. Learn how the chart goes and learn from your previous mistakes.

Do not panic if the price is too low because it will absolutely go back to its price and much higher.