How do you Panic? - page 14. | Bitcointalksearch.org

posesion19

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Quote from: shamzblueworld on June 28, 2017, 03:07:18 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 will try not to panic and stay calm.
I think it's a good chance to buy more coins and hold it until the price goes up

mega

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Activity: 812

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Panic will discourage you,Panic have difference scenario it comes when you expect but happens against your expectations so you think already loose in but now need to control the situation you just hold what you have and don't be panic just be relax wait for the moment where you get as you want to be in comfort zone.

Bagorrr

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I don't panic while trading usually. But after a good deal I'm always in a hurry to make a new trade, and lose. Need to be able to stop in time.

tahady

newbie

Activity: 32

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As a newbie in trading, I always panic when my coin price moving downwards. I can't even sleep during my first week in trading. I became alcoholic because of trading.

daringdiscovered

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Activity: 700

Merit: 500

Quote from: Xiomara on December 28, 2017, 11:36:48 AM

if I panic then there's the one idea is what to do?

Just panic, and don't do anything besides from panicking. Don't you ever dare to do panic selling because that won't bring any good luck to you. Panic selling means one thing, and it is losing profits. Most of the people are like this, every time that prices gets low, they will sell their coins in an instant because they are afraid that they are going to lose more if they are not going to sell it.

Topaz72

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Activity: 322

Merit: 10

Quote from: 4U on December 24, 2017, 08:30:01 AM

Quote from: carles enck3 on December 22, 2017, 11:53:06 AM

I often experience panic at the time I am trading it is because the price of my trading coins change very drastically and sometimes I often can not control my mind. Grin

I don’t like panic it’s not good for bitcoin and also for its users if anyone will do panic so he can lose his money here always play here carefully because its money it need attention your small mistake can give you lose normally people are doing panic in selling time which is not good when you are buying or selling bitcoin so you must check the price of bitcoin if you become clear about its price so then take a step because it will help you.

Panic is not a good thing if you will start panic here so it can make a problem for you because it’s a matter of money and you will have to be careful about these things because it happen with one of my friend actually two months before he sell his bitcoins without checking the price and as a result he lose so whenever you are going to buy or sell bitcoins so you have to be careful about bitcoin because bitcoin is very sensitive as well.

km4700ruda

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Usually i never panic, i am never worried about the prices, maybe when there is a huge downtrend i tend to sell some bitcoins, but not that much because i know that the price is always going to recover.

Xiomara

newbie

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if I panic then there's the one idea is what to do?

cryptocurious18

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i think Being panicked is happened in trading when any coin which i had has been dumping, im selling it to low price even if i loss my profit, but now i do not same mistake and believe that it will rise, just dont be with your emotion.

kevpantof

sr. member

Activity: 491

Merit: 250

Quote from: gabmen on December 21, 2017, 02:35:40 AM

Quote from: Viscore on December 12, 2017, 07:53:27 AM

Quote from: MidKnight on December 12, 2017, 03:31:11 AM

I don't do often panic before in the past months but after btc has begun becoming uncontrollable then I decided to sell all of my altcoins to bitcoin with a great loss. I know that people that don't really panic must have been did what I did.

That's what traders do when bitcoin is pumping, they will sell their altcoins because altcoins will dump but when the price started to get stable
they will still gonna buy buck their altcoins because it's expected that altcoins will rise when bitcoin will not.
It's like people are just transferring their money from bitcoin to altcoins, so if you are not a long term holder then you should do that.

Well basing on how the alts performed and are performing, you probably are regretting selling your alts for btc since it went the other eay around. Though you may just have to hold for a little while more for btc to recover

Old investors of crypto market are very much used to dumps and pumps of their respective coins because they do understand the fact that this market cannot survive without fluctuations. Trading can only be done when the change in prices is observed over short time otherwise there will be no difference between stock market and crypto market. Newbies should learn from old investors about controlling emotions.

wall101

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I am just because I'm panic when the bitcoin price drops and I bought it at a high price because I do not know what to do I'm selling. It's okay I just hold it because I think the price of bitcoin is high and it's a chance that it's going down too, so it's hard to do this because sometimes you can not even guess what it's all about because it sometimes rises immediately.

lenovo16

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Quote from: shamzblueworld on June 28, 2017, 03:07:18 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?

Actually your right there are really have time that the bitcoin price suddenly fall down without any sign. But you dont need to panic selling , because if you look back the price history of bitcoin. Every time thatvthe bitcoin price fall down it will rises again and surpass the past valie of it. That how powerful bitcoin is, just keep your faith in bitcoin and don't panic.

BabyBoss

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Quote from: Wish 107.5 on December 28, 2017, 07:36:34 AM

Quote from: micovcin on December 10, 2017, 02:29:05 PM

I usually have a friend for keeping remind me stop become panic. It's totally bad for you all the time.

I also have a friend who keeps telling me that the value of coin increases and decreases so I should not be scared or panic cause eventually it will get high again. But when the value pf coins went down, I can't help myself; I always think negative thoughts.

It's nice to have a friend that are trader who is keep on telling you about dont panic while me I am just like newbie and nothing to do but to stand with my own then it's the tomorrow's business if Im going to become millionaire because of trading. So, I have still my second chance just to wait and don't panic again just because of others panic. Im going to be a billionaire and not just always loser. Im going to earned 100x more and not only 2x yeah! I deserved better. So keep holdong.

Sand King

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Quote from: Julia_KA on December 24, 2017, 02:34:52 PM

No panic, just hodl. Speculation fluctuations are just temporary. The real value of the finite asset is the key to long term steady growth! Grin

Well i do panic when the price or the value of my coins will dump very high, just like when the value of the bitcoin dump very high or decreases its value very high, i am very panic and dont know what to do because the price of bitcoin is dump, but thanks for my friends advice, his advice is always hold it and wait for next year and he tell me that the value of bitcoin wll surely rise very high.

Wish 107.5

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Quote from: micovcin on December 10, 2017, 02:29:05 PM

I usually have a friend for keeping remind me stop become panic. It's totally bad for you all the time.

I also have a friend who keeps telling me that the value of coin increases and decreases so I should not be scared or panic cause eventually it will get high again. But when the value pf coins went down, I can't help myself; I always think negative thoughts.

mirny

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Quote from: LANZ777 on December 24, 2017, 02:08:51 PM

Quote from: shamzblueworld on June 28, 2017, 03:07:18 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'm panic when price is going down because lm only hoping for my salary, so when price is very low lm so much affected because l don't have choice but to cash it out. Instead of waiting for the time to pump the price so that l will have the opportunity to earn bigger amount than l expect.panic will enter to me lf l am badly in need. Especially now l have so many debts that's why l always go panic. But once l get a big-time in bitcoin all my problem now is sold..

worst strategy ever

NavI_027

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I always do the latter part, I stay calm and be optimistic. Honestly, I never made a big mistake that I regretted a lot 'til now because I'm just a small investor who only invest the amount what I'm willing to lose. But if the time comes when I made a big mistake (I know that this is inevitable), I'm sure that I can still handle the pressure since I already faced different bad scenarios (including btc's drop) along my journey as a bitcoin earner. Those bad things I experienced mold me to become a wiser and decision-oriented person.

bhadz

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This thread made me to remember that time when I panicked during those years when bitcoin is on correction and I'm quite new to it. And what I did is I did sold many of those collected bitcoins I've got and from what I've earned in trading and some with gambling. I thought that it was the best deal ever because the price is starting to fall but after that correction I did face palm as the price starts to rise again.

Fayefot

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Activity: 128

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I'm a victim of me getting panic when I saw a coin is dropping.i go and immediately sell.. I even lost some money because of being panic. Now I got this lesson hodl my coins first. Just hodl. Every coins has its own moment of pumping all we have to do is wait patiently.

rejin29x

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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

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