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Topic: Don't punic, just hodl - page 5. (Read 9055 times)

hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
September 28, 2022, 06:55:01 PM
You MUST panic strategically, if i didn't panic and decided to trade this bear market i wouldn't have accumulated more bitcoins for the long term. or maybe if you got all the time in the world to wait for your investments to pay off you could do that but i still wouldn't recommend it. be smart and safe!
It's no problem to wait for your investments to go up so that you're paid off. But one problem is when you think of long term and you do nothing. We're in a bear market and you've hit it correctly about accumulation of more bitcoins.
It's cheap if we'll be coming from the price of its ATH last year. The idea of getting more has never failed to those that have listened. Like those who have listened to the people that have told them to accumulate when it's $3k and hold until the ATH goes again, then everyone has made money from it. But, only those that have listened and endured and held.
sr. member
Activity: 2394
Merit: 267
Vave.com - Crypto Casino
September 28, 2022, 06:48:21 PM
As investors we must be able to do consideration and analysis, including understanding with risks, it is wrong when looking at the price of drops and then selling panic and loss, of course this is a mistake that is usually experienced by anyone, especially those who are still newbie.
indeed anyone does not exist and does not want to lose money, by seeing the coin he holds drops drastically and does not match previous predictions. most of the time they sell because they don't want to lose a lot, but instead anticipate wrongly and are impatient in accepting the situation. whether it's a beginner or an experienced one, panic can occur which is actually the wrong anticipation and this is a natural thing. because every investment will always be full of risk but all returned to the individual to be able to anticipate correctly.

Yes .. sometimes the main factor that causes all of this to happen is due to an extraordinary sense of panic and need. because the purpose of trading is none other than to seek pleasure.Of course, when we see that the coins we buy continue to decline, the best way is to sell them rather than losing more and more
The panic factor comes too much because it might be true what you say, because the need is very large and indeed the available funds have all been placed on coins that have fallen drastically. looking for the best way that can be done to be able to save the remaining funds so that they do not disappear, everything is also an obligation.

for some things if there is a drastic decline and it is experienced by the coin that we hold is not the best rank and is very vulnerable there will be losses, of course I also agree that selling it immediately, so that there is no very big loss even what is feared maybe the coin might not worth again.
sr. member
Activity: 2394
Merit: 267
Vave.com - Crypto Casino
September 28, 2022, 02:31:21 PM
As investors we must be able to do consideration and analysis, including understanding with risks, it is wrong when looking at the price of drops and then selling panic and loss, of course this is a mistake that is usually experienced by anyone, especially those who are still newbie.
indeed anyone does not exist and does not want to lose money, by seeing the coin he holds drops drastically and does not match previous predictions. most of the time they sell because they don't want to lose a lot, but instead anticipate wrongly and are impatient in accepting the situation. whether it's a beginner or an experienced one, panic can occur which is actually the wrong anticipation and this is a natural thing. because every investment will always be full of risk but all returned to the individual to be able to anticipate correctly.
newbie
Activity: 20
Merit: 0
September 24, 2022, 03:40:33 PM
 Grin Grin
member
Activity: 1232
Merit: 12
September 24, 2022, 03:28:11 AM
When the market is red as it is today it will be a difficult choice, if we hold it we are worried that it will continue to drop, or vice versa if we sell it tomorrow or the day after tomorrow it will rise again and make us regret it.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
September 23, 2022, 01:19:17 PM
The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.

Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.

In my opinion, only stupid people panic when they see market conditions are in a downturn, even though this condition has happened repeatedly every year and every time. so to deal with bad market conditions, we should not panic and stay relaxed because believe me the best altcoins we hold will be able to survive and return to the moon when market conditions improve.

You should keep that positive mindset even you see that your investment already suffering, knowing that it's not the first time that the market falls like this and eventually it will bounce back and bring you decent money. It's how you accept and adjust in every circumstance that happening around, I mean, if you invest after you do your good research you already acknowledge both benefits and risk, you are in the side of taking it and believing that it will give you good benefits.

Though not all have this kind of mentalities and for those who keep on losing due to panics and fears without adopting, they will just continue committing the same mistakes over and over and receive the same outcome from their investment..
member
Activity: 1120
Merit: 30
Bisq Market Day - March 20th 2023
September 23, 2022, 12:18:16 PM
Quote
The entire crypto market is falling again today, but is this the first time?
This is not the first time and it will not be the last time for crypto market to fall. I guess, crypto market fall sometime for people to buy and hold for future purpose, which is the reason why some professional traders very happy because they  know how important bear market is to traders who  is looking for the right period to buy and hold till the price pump higher before they can supply.
Quote
Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now?
Yes it did, but it did not take a long months in 2021 before bull season appear in the community, which is the reason why some newbies are packing with this long bear season in the community whether if the price will increase higher before the end of this year 2022 or not, because they have many things to buy to sustain their family.

full member
Activity: 799
Merit: 100
ARTEMIS
September 23, 2022, 10:39:41 AM
The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.

Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.

In my opinion, only stupid people panic when they see market conditions are in a downturn, even though this condition has happened repeatedly every year and every time. so to deal with bad market conditions, we should not panic and stay relaxed because believe me the best altcoins we hold will be able to survive and return to the moon when market conditions improve.
full member
Activity: 854
Merit: 100
September 22, 2022, 01:54:57 PM
the correction of btc market is so awfull thats why all people can be panic beacause of the movement of market will be fall and fall and falling they keep falling thats why so many investors its panic
member
Activity: 1638
Merit: 15
🪙 🪙 🪙 🪙
September 22, 2022, 12:21:27 PM
The mistake that most of us new traders make is that if the market goes down for some reason then we panic and sell the tokens that we bought at a higher price. If it is down, we will not panic and hold the tokens we have bought for the future and when we remember. If we are in a good profit then we should all sell our bought tokens One more thing we all should keep in mind that the market will go up and down there is nothing to be afraid of it will go up and we will have to exit with profit.
hero member
Activity: 1316
Merit: 593
PredX - AI-Powered Prediction Market
September 22, 2022, 11:39:26 AM
how not to panic if the price of bitcoin always experiences a dump?
to be honest I bought bitcoins at $50k and seeing bitcoins now at $19k is a pain. So do you think I should hold and not panic?
Bitcoin has just experienced a decline that has not been spelled out deep, this is different for altcoin holders, are they panicking?
very clear, because if you look at the market the average altcoin price has fallen by more than -90%
Panic is natural because we are all human but all we need is to control and have a positive mindset to prevent regret in the future. Yes 19k is a pain if you use your funds or main money to invest but if you use your existing money or let's say extra money then all I can say is that don't need to worry because as we all know that bitcoin is the king of all crypto currencies which trusted enough to be invested so just relax and focus on investing.
Panic works in us because we don't have extra money that will stay beyond our needs. So after investing when we notice that the price of that token is starting to decrease at an additional rate.  Then a fear of losing that money works in us. which makes us panic. And then we sell those tokens at a loss in the interest of saving the remaining money even if there is some loss
sr. member
Activity: 1148
Merit: 346
September 22, 2022, 10:31:21 AM
how not to panic if the price of bitcoin always experiences a dump?
to be honest I bought bitcoins at $50k and seeing bitcoins now at $19k is a pain. So do you think I should hold and not panic?
Bitcoin has just experienced a decline that has not been spelled out deep, this is different for altcoin holders, are they panicking?
very clear, because if you look at the market the average altcoin price has fallen by more than -90%
Panic is natural because we are all human but all we need is to control and have a positive mindset to prevent regret in the future. Yes 19k is a pain if you use your funds or main money to invest but if you use your existing money or let's say extra money then all I can say is that don't need to worry because as we all know that bitcoin is the king of all crypto currencies which trusted enough to be invested so just relax and focus on investing.
hero member
Activity: 1330
Merit: 585
Leading Crypto Sports Betting & Casino Platform
September 22, 2022, 09:28:40 AM
a experience crypto investor will never buy when price is going up, capitulation is very important, that is the best time to buy and relax peacefully.
i've never heard of a rule about smart investors not buying when prices are high.
there are lots of investors out there who bought bitcoins for $60k and they are still holding them. not that the investor is not smart, but the investor does not care how the price of bitcoin at that time but what he thinks is bitcoin is a rare item that only has less than 21 million in supply in the market. and they believe that in the future when bitcoin is scarce the price will be higher than $60k.
look at bitcoin's track record from the beginning of its release until now, bitcoin will never cheat and never promise a profit but bitcoin provides real evidence if who knows what year the price will be very expensive and more expensive than the price of $ 60k
full member
Activity: 1260
Merit: 103
The OGz Club
September 22, 2022, 08:52:13 AM
how not to panic if the price of bitcoin always experiences a dump?
to be honest i bought bitcoins at $50k and seeing bitcoins now at $19k is a pain. So do you think I should hold and not panic?
Bitcoin has just experienced a decline that has not been spelled out deep, this is different for altcoin holders, are they panicking?
very clear, because if you look at the market the average altcoin price has fallen by more than -90%
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
September 22, 2022, 08:25:11 AM

Basic knowledge about crypto analyses is Compulsory for every traders . without knowing about crypto analyses no one can start trading and hoping profit . and the second step is holding Patience . If someone can follow these two aspects at least then he can earn money through trading
Patience is important for investors, traders need discipline. If a trader bought coins at a high price and he just endures, then he can definitely get -90%, and the discipline will oblige him to follow clear rules that will never allow him to lose such a large part of his trading deposit. Investors are also required to know the basics of TA in order not to buy coins at too high a price.

Investors needs every knowledge that he can acquire before investing, following your strategy before you execute your buy position is a must in order not to lose your money, it's accompanied by a good understanding on how the market will move and how your selected project provides you good amount of profits after some time of holding the coin.

a experience crypto investor will never buy when price is going up, capitulation is very important, that is the best time to buy and relax peacefully.
Yes you are right if you are gonna trade for long-term then it is obvious that you should find a good dip for trade. On the others hand when you came for short-term trader .But on the other hand, in the case of short-term trading, I think professional traders do not care whether the market is high or low, they analyze the candles of the chart well and then trade.


Experienced traders don't care about the current market situation, they are more into how they can take advantage of the situation and find the suited asset to buy for them to get something decent out from the assets that they invested their money.
sr. member
Activity: 2422
Merit: 264
Vave.com - Crypto Casino
September 21, 2022, 03:41:26 PM
It's a lot easier to HODL when you are HODLing a POS crypto like ICP or NEAR that pays you staking rewards. That way regardless of what the market is doing you are still making money. Besides, in this industry, it pays to be early and to buy when the market is red, and that time is now.

Yep, Staking can be a good choice when the market is bearish like now and to get passive income.
Hold will be easier without the need to monitor price movements.

Look like you're ICP and NEAR fan  Smiley ICP and NEAR are good coins.
NEAR ranked 27, and ICP ranked 37 Smart Contract Platform Coins by Market Cap on CoinGecko, but I prefer Polygon and BSC
sr. member
Activity: 1232
Merit: 451
Vave.com - Crypto Casino
September 21, 2022, 12:51:31 PM
a experience crypto investor will never buy when price is going up, capitulation is very important, that is the best time to buy and relax peacefully.
Yes you are right if you are gonna trade for long-term then it is obvious that you should find a good dip for trade. On the others hand when you came for short-term trader .But on the other hand, in the case of short-term trading, I think professional traders do not care whether the market is high or low, they analyze the candles of the chart well and then trade.
sr. member
Activity: 812
Merit: 315
September 21, 2022, 10:54:49 AM
It's a lot easier to HODL when you are HODLing a POS crypto like ICP or NEAR that pays you staking rewards. That way regardless of what the market is doing you are still making money. Besides, in this industry, it pays to be early and to buy when the market is red, and that time is now.
Exactly, those who panic are those who either use the money they aren't ready to lose or those who buy at the top, a experience crypto investor will never buy when price is going up, capitulation is very important, that is the best time to buy and relax peacefully.
sr. member
Activity: 1148
Merit: 346
September 21, 2022, 10:42:20 AM

Basic knowledge about crypto analyses is Compulsory for every traders . without knowing about crypto analyses no one can start trading and hoping profit . and the second step is holding Patience . If someone can follow these two aspects at least then he can earn money through trading
Patience is important for investors, traders need discipline. If a trader bought coins at a high price and he just endures, then he can definitely get -90%, and the discipline will oblige him to follow clear rules that will never allow him to lose such a large part of his trading deposit. Investors are also required to know the basics of TA in order not to buy coins at too high a price.

Patience is a virtue and as a investors we need to be more patience in order to survive in the current movement of the market because we all know that the price nowadays are very dump especially bitcoin and ETH so we news do focus and stay calm because all of these are gone in the near future. Now is the best time to buy and hold if we need to be successful and have our extra money then we can buy and buy to prepare in the next bull market.
jr. member
Activity: 840
Merit: 6
September 21, 2022, 10:00:07 AM
It's a lot easier to HODL when you are HODLing a POS crypto like ICP or NEAR that pays you staking rewards. That way regardless of what the market is doing you are still making money. Besides, in this industry, it pays to be early and to buy when the market is red, and that time is now.
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