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Topic: How do you Panic? (Read 39843 times)

full member
Activity: 215
Merit: 100
April 21, 2018, 09:12:11 AM
I think Panoc comes when you mindlessly throw away logic and just give in to your fear or anxiety or to whatever you are seeing and not planning something. However what I do during those times is that I take a rest and plan out what are my options and check which is a compromise that I willing to take.
full member
Activity: 418
Merit: 100
April 21, 2018, 10:07:32 AM
I have experienced but I have never regretted the decisions I make in trading, I prefer to continue to learn to add my skills in trading, if there is a fall in prices, I prefer to hold back and see the market movement
newbie
Activity: 44
Merit: 0
April 21, 2018, 09:45:02 AM
bitcoin rises again and altcoins suddenly pump.. Do not panic sell.The market always goes up and down and that it a permanent rule.  Wink  You can not change it
hero member
Activity: 742
Merit: 500
April 21, 2018, 09:16:18 AM
Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?

I dont really panic anymore from massive price drops but i do sometimes fomo during a massive price rise.  The one feeling that i do get when the prices drop is thoughts running through my head that are like "not this again" and "well ima have to hold for the next 6 months now" but i never get the urge to sell at a loss because i know the prices could go back up any minute.
sr. member
Activity: 798
Merit: 258
April 20, 2018, 08:20:39 AM
The feelings of panic is not a good behavior of a traders, we must control our emotions if we are under on this feelings and must overcome by our own self. So, in the end we won't regret and blame ourselves.
newbie
Activity: 154
Merit: 0
April 20, 2018, 08:15:19 AM
Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?

Invest 4K dollar, went down to 2K dollar but still hanging around. It i was to panic, I would sell off. However, I believe in technology and the future innovation. The technology is there to say bringing a new era of internet of value. Also being involved in Merculet project right now which tends to reward user attention value.
hero member
Activity: 2282
Merit: 659
Looking for gigs
April 20, 2018, 08:13:15 AM
Speaking of panic, it reminds me of the Savedroid exit scam thing which turned out to be just a stupid PR stunt of creating awareness regarding ICO scams or so that would lead them to create another advisory service of their own. I felt shocked when they did that exit scam which was just a prank, and a bit of panic as well. When I panic, my heart was like beating many times than the normal rate.
newbie
Activity: 26
Merit: 0
April 20, 2018, 07:51:32 AM
When you think the price is very low, you should continue to hold, do not panic, the price will always rise one day. Holding a cryptocurrency is also a plan for your own future.

Not always true when it comes to altcoins. A lot of projects that flourished in the early years have died and their worth dropped to zero.
copper member
Activity: 238
Merit: 0
April 20, 2018, 07:46:10 AM
When the market price is very low then I am panic.it is not right time to sell.so  it is better to hold and wait until your money to rise again and grow even more.if you sell your coin don't panic.i hope the price will always rise one day. I'm waiting for the right time to switched and cover my losses.
newbie
Activity: 154
Merit: 0
April 20, 2018, 06:41:16 AM
I'm trying not to panic, because if i panic, all of my business may be rubbish, so, when cryptocurrencies price go down, i think it will be recovery and i don't do anything.
sr. member
Activity: 590
Merit: 258
April 20, 2018, 05:44:09 AM
Actually in my whole experience here in cryptocurrency there is no such thing that I become in the state of being panic in the market value of these coins because I know it just only a temporary moment.
member
Activity: 224
Merit: 10
April 19, 2018, 01:34:24 PM
I am just a long-term holder and I never need to check price levels or what is happening today with bitcoin markets. I simply hold my bitcoins in cold storage and I never get chances to panic.
sr. member
Activity: 882
Merit: 250
April 19, 2018, 12:27:19 PM
I do not have a lot of panic characters, but I panick like everyone else when it comes to huge amounts of money. When you panic, I listen very soft and hard music in order to relax Smiley
Oh, and I am crashing everything that surrounds me. LOL. Surely, there is no reason for any panic, even when you see your coin is constantly going down. I am not rushing to sell it - just take a time break.
jr. member
Activity: 252
Merit: 8
April 15, 2018, 02:49:13 PM
When im in panic i logout all my exchange accounts and forget about it for few days..i dont wanna make panic selling when my coins are having a massive dump..unnecessary or unplanned actions may lead to much bigger losses. Im trying to focus on other things like bounties and airdrop for awhile if im not sure whats my  next strategy im gonna use for trading.
member
Activity: 448
Merit: 10
April 15, 2018, 02:13:00 PM
Panicking when the prices dump badly is a normal thing in crypto trading. No matter how good you are at trading, there comes time when your coins make you panic badly. But the only solution to escape such situations with head high is to stay calm.
I've already met people who have helped save panic. And the water begins to be cautious and do less stupid things. Although there are those that as soon as they start to panic and immediately everything goes downhill .
member
Activity: 196
Merit: 10
April 15, 2018, 01:04:49 PM
Panicking when the prices dump badly is a normal thing in crypto trading. No matter how good you are at trading, there comes time when your coins make you panic badly. But the only solution to escape such situations with head high is to stay calm.
member
Activity: 224
Merit: 10
April 14, 2018, 03:38:40 AM
I'm not panic because that's the risk when we choice trading/ investment, just face it. Wait and see ( hold ) is the best I can do if there's something wrong with the price, not selling it ( bad choice ). But we all know panic will push you to do something not right or even worth, keep calm close your PC and leave it.
newbie
Activity: 167
Merit: 0
April 14, 2018, 03:32:26 AM
I do not panic I just sell the coins that I have then I'm waiting for the right time to switched and cover my losses
full member
Activity: 265
Merit: 100
April 14, 2018, 02:27:14 AM
Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?

As much as possible i do not wanted.to panic amd whenever i panic i avoided my wallets in order for me to not to sell my holdings because that will not help you just want to end the fallings but in exchange you will not wim beck the money loss. So it is kuch better to hold and wait until your money to.rise again and grow even more. I just overthink a lot and have a bad vibes because it sucks when you know that you are losing money but you cannot do anything to awim that back.
hero member
Activity: 1036
Merit: 520
April 14, 2018, 02:10:23 AM
Actually i panicked when the bitcoin price felt to 6000$ recently , because the maketcap of every coins has been decreased so much , and with that all USDT FUD , i wasn't sure to change my bitcoin to usdt and keep them , Binance is not delisting usdt because it doesn't want to add a fiat currency , in that time it has to obey the rules , I wish some good substitute of usdt comes by soon!
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