I learned to master panic after years of practice in forex (a very good school, if you want to learn how to trade in crypto), so usually I keep myself cold.
But nobody is immune, so...we'll see :-)
Topic: How do you Panic? - page 12. (Read 39813 times)
When I am new in trading I personally got panic everytime my hold coin is going down, but since I experience to get sell panic, I sell my coin everytime the price going down then after a week I see that the price are increase I learned about that. Now I know that's the wrong move I did before.
As you can see, in these days all newbies were in panic and sold everything at low price, just to recuperate something.
Of course, anything was bought by lucid investors with a clear vision of the situation...
Of course, anything was bought by lucid investors with a clear vision of the situation...
at the present time Bitcoin is down drastically that's my panic, I try to survive when Bitcoin is up, my thinking bitcoin will continue to go up, but now it keeps going down, and that's the risk in bitcoin, we should be able to decide the best decision. bitcoin rises again.
Just go on coffee , and think "Nothing Else Matters" 
Music is my good way for killing panic and anger..
Music is my good way for killing panic and anger..
For me the panic emotion of people especially the situation is not comportable but if you a people relaxing everything yuor going a plan the panic is not do it. Becuase panic is always there yuo no the all is easy for you how to keep foing to others and you relax lisen to killing panic then emote then prepare what your doing there.
Just go on coffee , and think "Nothing Else Matters"
Music is my good way for killing panic and anger..
Music is my good way for killing panic and anger..
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?
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?
Well if you really are a good trader then found that your coin investment dumped badly, you don't have time to be in panic. A good trader do look the dumped time as an opportunity. It is the right time to make money specially for bitcoin. Btc market cap is predicted to rise in few months time and those good trader do grab the opportunity when btc price is going down. If there is a chance that a good trader do panic maybe it is because the market cap of this coin won't last in the top and will fall then never back up.
It's difficult to remain cold with a disaster as today... :-(
I hope in a strong market reaction, but now is tragic. I'm in panic...
I hope in a strong market reaction, but now is tragic. I'm in panic...
When the time comes to panic ,i just stuff myself with self fake confidence that this was the way i predicted
I really do not worry and do not feel scared. Because I hold very low bitcoin and in order to gain more bitcoin to its true value I will focus on market research and invest in the right target that I have set out.
I agree with you, panic always lead to wrong decision. Keep calm. After that, Look back your coin, if it's a good coin, you should hold or even buy more coins with low price and wait for recovery. You will get a big profit. But if your coin is not good or it has a bad new problem. You should sell immediately. 
So we need to research all information of coin which we want to buy before, this is very important, it will help choose a good coin and keep calm when the price of market go down. Many newbies who usually skip this step, will panic the market go down. For me, i usually put goal the time hold coin which i bought so i'm never Panic when the price of coins is go down. 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?
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 rarely overreact, that is, even if there is a large drop or a large pump I normally don´t sell all nor buy crazy into anything. I am aware that there are many people out there with more information than I and that even if looks good there are always plenty of unknowns.
Beginning with bitcoin, I was very frantic in particular when buying at high prices,
after several months of learning, the right formula is to buy when the price is low
and of course when it goes down, I have to be patient and sure will go up again
after several months of learning, the right formula is to buy when the price is low
and of course when it goes down, I have to be patient and sure will go up again
For me, there is no use panicking over/during significant dumps. I never let it affect me in any way. Before I invest, I always do my homework and make sure the coins will eventually recover after dumps. I’ve made some bad choices and held on to extremely crappy coins, which is why I needed to diversify and invest in other coins to make up for the losses.
It's not the problem because there's a lot fo back up coins to come, however if the recovery times come up it's time to get some noise. No problem in getting high price because it could easily falls down. But don't worry about this might takes a month to happen I guess you gonna overcome this situation if you are focus on trading, because panic is a very bad emotions. Only 30% of us are totally good in decision makings, some people says that panic may cause failure.
Last year i experiencing panic on bitcoin. Remember last year bitcoin dump rice?! It resulting to me to panic because of continues dumping of bitcoin price. I invest big amount of money on that time and suddenly the value of bitcoin decrease and almost of my profit have lost. Because of this scenario it result to me to panic and decide to full out my money i invest in bitcoin.
Then, after a couple of days and weeks bitcoin prices is suddenly increase and hit to the highest all time hike price of bitcoin. In that case i feel badly in my bad decision full outing my money in bitcoin.
Now, because of my experience previously, i set my mind to become calm what ever happen in bitcoin right now or in the future. Instead i'm still waiting for the best time and ideal moment before i full out again my money that i invest in bitcoin.
For me, panicking has nothing good impact and cause once you affect on it.
Then, after a couple of days and weeks bitcoin prices is suddenly increase and hit to the highest all time hike price of bitcoin. In that case i feel badly in my bad decision full outing my money in bitcoin.
Now, because of my experience previously, i set my mind to become calm what ever happen in bitcoin right now or in the future. Instead i'm still waiting for the best time and ideal moment before i full out again my money that i invest in bitcoin.
For me, panicking has nothing good impact and cause once you affect on it.
Most of the time it really happens in trading, the panic moment but I am kinda used to it already. What I usually do is to just keep calm and leave it in time as if it doesn't exist and try to focus on other coins that can inspire me to do my job well in trading and to avoid frustration.
How do I panic? Panic is an emotional response. It's an automatic negative feeling of insecurity and fear for danger! In cryptocurrency market however, Panic could suggest you over react to negative news and you sell your coin below it's value or you sold at loss!
Yes, you start to panic that the price will fall even lower and you think that you will sell now in a minus and then you will buy off even cheaper and earn. You sell and at this moment the price starts to grow. And you decide to go before it's too late, you go. And the price is already rolling down.
I have a few days are in a terrible panic. Literally biting his nails. Every morning, open the exchange and see that nothing changes and everything is red again. But do not sell anything. Waiting for everything to come back.
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