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Topic: Don't punic, just hodl - page 7. (Read 9075 times)

legendary
Activity: 1163
Merit: 1005
August 20, 2022, 06:24:50 PM
The bear market should not make us to sell our holding but should make us to learn more about the crypto market. The market is bear now and we should prepare for the better with time. We need to buy and hold good project now that the market is trying to get momentum that will make everything likely go bull. I have good reason why we need to hold now because better days are coming ahead of us.
Many people have believed for future bulls but they are worried for the lowest price before the bull market arrives, so we have to wait for the lower market price to add more top coins because it is certain that in the future we will never see the market price will be as low as the current price.
hero member
Activity: 2282
Merit: 589
August 20, 2022, 04:46:58 PM
It is psychological and markets move with emotions, not logic. After panic selling, the downtrend will be stronger which can push prices further with fake breakouts. Even if traders have patience, the next bear market cycle will stay for 2 years at least, IMHO. Until the next bull market, long swings on downtrend will help market makers to get rid of weak hands.
We can assume that many traders are still very panicked in market correction conditions, because when the market declines there are many other pressures that make the Bitcoin price lower, such conditions will hamper the Bitcoin price recovery process and we have to be patient waiting for the recovery moment or bullrun for next year .
hero member
Activity: 2506
Merit: 645
Eloncoin.org - Mars, here we come!
August 20, 2022, 01:06:09 PM
Recently Bitcoin down from 25k to 21 and all altcoins dump so much . I think  market doesn't sucks but Markets provide opportunities in either direction.
This is one of my best months since I started trading in crypto, back in 2017.
Here is some simple step in Bear market.
If the market is falling, what do you do? You go ahead, buy good coins for long term  and make money during the fall.

It looks simple, yet many people don't do it because of fear, lack of knowledge and proper trading strategy.
copper member
Activity: 2226
Merit: 605
🍓 BALIK Never DM First
August 20, 2022, 08:54:39 AM
I'm sure many traders will not be able to hold back when the bear market arrives,
and if the market dumps I'm also sure that everyone will panic sell, it's a habit for us as traders,
I think that's also a good thing, because if we don't panic and continue to hold we will will also be affected by the bad effects

Yes that's normal it because we are all human our feelings can dictate what we are going to do. for an example when the price will go down and down a lot of traders especially newcomers in trading got panic and instead of buying more coins to hold until to the next price increase,  they sell the coins they have and then regrets in the future because of the price increase.  And as I said it's normal and we can not control our selves or our feelings.

Yes, emotions are an integral part of our bodies, and in order to control them, we also need to go through them from time to time. Panic sellers are mostly newbies to the market and have not seen a bear season before.

There will be panicking sellers, but there will also be people waiting to buy at lower prices, that is exactly how the market works. It is inevitable that some will succeed and some will fail.
sr. member
Activity: 1148
Merit: 346
August 20, 2022, 08:40:02 AM
I'm sure many traders will not be able to hold back when the bear market arrives,
and if the market dumps I'm also sure that everyone will panic sell, it's a habit for us as traders,
I think that's also a good thing, because if we don't panic and continue to hold we will will also be affected by the bad effects

Yes that's normal it because we are all human our feelings can dictate what we are going to do. for an example when the price will go down and down a lot of traders especially newcomers in trading got panic and instead of buying more coins to hold until to the next price increase,  they sell the coins they have and then regrets in the future because of the price increase.  And as I said it's normal and we can not control our selves or our feelings.
member
Activity: 630
Merit: 10
August 20, 2022, 04:51:28 AM
I'm sure many traders will not be able to hold back when the bear market arrives,
and if the market dumps I'm also sure that everyone will panic sell, it's a habit for us as traders,
I think that's also a good thing, because if we don't panic and continue to hold we will will also be affected by the bad effects
full member
Activity: 1610
Merit: 103
The OGz Club
August 19, 2022, 12:50:41 PM
For those new in investing of crypto for sure the world Panic is in thier feelings because we all know as a newbie in investing we can not controll ourselves by panicking but for those old from investing thier coin then we feel so good because this time is good for buying coins and hold it until to the next increasing of price. But we must believe that investing in BTC is not just easy because of the movement of the market.
I think anyone will panic when the drastic drop and market moves are indicated to be near the $17k low so even old investors will cut losses to buy back when prices are lower. But many other old holders can control themselves because they have other bigger funds so they don't worry about the crypto market price because they rarely monitor the market price and just wait for new ATH in the future.
yes, that's right, when the price starts to fall and is at the bottom, many are afraid to buy, and if the price goes up and reaches new ath, then many buy,
it really makes me confused, indeed we are not required to panic, but panic will also help us, because if the market dumps and we put a stop loss,
of course we can buy it again when the price is already at the bottom
sr. member
Activity: 832
Merit: 286
Next Generation Web3 Casino
August 19, 2022, 12:07:58 PM
For those new in investing of crypto for sure the world Panic is in thier feelings because we all know as a newbie in investing we can not controll ourselves by panicking but for those old from investing thier coin then we feel so good because this time is good for buying coins and hold it until to the next increasing of price. But we must believe that investing in BTC is not just easy because of the movement of the market.
I think anyone will panic when the drastic drop and market moves are indicated to be near the $17k low so even old investors will cut losses to buy back when prices are lower. But many other old holders can control themselves because they have other bigger funds so they don't worry about the crypto market price because they rarely monitor the market price and just wait for new ATH in the future.
sr. member
Activity: 1148
Merit: 346
August 19, 2022, 11:13:49 AM
For those new in investing of crypto for sure the world Panic is in thier feelings because we all know as a newbie in investing we can not controll ourselves by panicking but for those old from investing thier coin then we feel so good because this time is good for buying coins and hold it until to the next increasing of price. But we must believe that investing in BTC is not just easy because of the movement of the market.
full member
Activity: 854
Merit: 100
August 19, 2022, 10:24:13 AM
Me iam not panic sense the btc will drop from new ath until now iam still hold it its so bloody for me i lost 80percent but iam still trust the btc cycle and soon btc will be recover .
full member
Activity: 1330
Merit: 100
C O M B O
August 12, 2022, 11:47:07 AM
the good thing about being a panic is when the bear market comes and makes the price of altcoins can dump up to -50% overnight,
so that's why we have to sell it, don't when it goes down deep and then we sell, yes that's wrong,
of course to know when we have to out of the market we have to understand the technical.
member
Activity: 1050
Merit: 10
August 12, 2022, 10:32:31 AM
In cryptocurrencies then being patient and holding is the best technique to get big profits, as I have experienced, namely investing several ICOs from 2017 to 2019 if the total is not more than $ 200, and can get money in 2021 around $ 450, if I hold 100% then I can get profit more than $10k, just invest $200.
legendary
Activity: 2758
Merit: 1004
Buzz App - Spin wheel, farm rewards
August 11, 2022, 10:03:35 PM
It is very important not to panic when the crypto market crashes. When the crypto market experiences a very deep price correction. You can look for alternative ways to secure your assets. Or, if you haven't found an alternative, just save it while waiting for the market's recovery momentum. Therefore when the market crashes the best option that can be done is HODL.
well, but maybe under some conditions a quick sell might be necessary. such as bitcoin and ethereum declines that occurred for a while, and others. it is needed so that we still have an asset value that is not too bad, then we can buy it back. well, it is one of the strategies of trading. however, some people prefer to hold on to their assets until the price rises again.
Moreover, not all coins have to be held long term, even when dumped. Personally, I still hold onto the altcoins that used to have high prices for quite a long time. however, nowadays they are very cheap, and almost worthless. however, this may only apply to unpopular altcoins. keep in mind that we don't need to panic in doing this, but when a big dump occurs, we need to think about what steps we need to take without panicking.
full member
Activity: 910
Merit: 100
August 11, 2022, 06:50:19 PM
It is very important not to panic when the crypto market crashes. When the crypto market experiences a very deep price correction. You can look for alternative ways to secure your assets. Or, if you haven't found an alternative, just save it while waiting for the market's recovery momentum. Therefore when the market crashes the best option that can be done is HODL.
I don't agree, when the market crashes don't try to hold!, because HOLD is not a good thing when the market is bearish,
it's better to use or install stop losses, because stop losses will help us not to lose a lot, and of course we can buy back when the price drops much cheaper
full member
Activity: 882
Merit: 100
August 11, 2022, 12:25:55 PM
It could actually be a correction but still won't stop the upcoming bear market it's just too inevitable, there will be massive sell off and many investors won't want to hold either, later we can see possible bad news follow here and there, don't buy top altcoins at high price while dips takes place it's not wise

I think so too. It is not always the case that the market in cryptocurrency will go higher and give more benefits.  It is also possible to benefit from a bear market.Normally we panic when the crypto market crashes but we don't think of alternatives.  We have always related our minds to market upswings so we get disappointed when the market crashes.So when I see the market crash I buy more altcoins and hold for a long time.  By changing our thinking, we can easily gain market upside and downside momentum and profit. i think it's all depend on your mind and activities.
full member
Activity: 656
Merit: 104
PredX - AI-Powered Prediction Market
August 11, 2022, 11:41:45 AM
It is very important not to panic when the crypto market crashes. When the crypto market experiences a very deep price correction. You can look for alternative ways to secure your assets. Or, if you haven't found an alternative, just save it while waiting for the market's recovery momentum. Therefore when the market crashes the best option that can be done is HODL.
legendary
Activity: 2100
Merit: 1340
August 05, 2022, 11:47:28 AM
Although the market is currently in great uncertainty, it is a good time to buy if and only if it is BTC, I recommend only BTC because I know that it is the currency that will not disappoint, for me when I see the other currencies the closest I could support would be ETH and the other would be Monero but for the exclusive reason that it presents privacy and anonymity, for the rest I put my hands in saying that I recommend only BTC.

Of course this is my way of thinking, I can't say what else I can recommend but that is my approach.

For a long-term investment, it is really best to choose bitcoin now, it is an asset that has been tested by time. But for short-term trades, altcoins can now also give a very good profit, at least quite recently there were very good pumps for some altcoins, this was a good opportunity. Of course, it is not worth risking large deposits for such trading, after all, in a bear market this is a very risky occupation.
hero member
Activity: 1456
Merit: 608
Vave.com - Crypto Casino
August 05, 2022, 11:27:01 AM
Hold is gold . If you want to hold any token or coins, you have to hold so hardly. If you panic after seeing the bad situation of the market. then holding is not for you . then you should do day trading. holding not for you . But if you don’t panic by any situation of market the you will a good holders
full member
Activity: 840
Merit: 137
August 05, 2022, 10:38:30 AM
Holding back when the market is going down is a good choice don't panic quickly with current market conditions rest assured this will end and the coin will rise again I have experience in 2018 I panicked when the coin price fell and I released eth coin at a low price in Yesterday I regretted releasing eth coin, I will not repeat the same mistake in the future.
Holding coin for long term have a good gigantic profits rather than those that kept it for short time. The market is entirely unpredictable and people tends to make good use of the bear and bull period. Not all Traders like the bear market, because they're scared of the dump and later did they know that all coins during the bear market will pump but it's all time frame. Whole the bull market trapped and makes traders uses or triggered certain buy orders which they would later regret because most of the coins will dump during the bull period and prayed you would be lucky to pick the right coin that will follow suit up the bull market.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
August 05, 2022, 10:01:45 AM
Holding back when the market is going down is a good choice don't panic quickly with current market conditions rest assured this will end and the coin will rise again I have experience in 2018 I panicked when the coin price fell and I released eth coin at a low price in Yesterday I regretted releasing eth coin, I will not repeat the same mistake in the future.

Experienced dictates that the chance of bouncing back is for real, you only need find more reason to keep holding. There's always a good

future if you know well how the market works and how will you take advantage with the current fall, traders who knows how to buy when fear

is surrounding the market got a huge cut when bull come back and start hyping the price.
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