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Topic: How do you Panic? - page 18. (Read 39813 times)

member
Activity: 194
Merit: 10
☀️ Iskra Coin ☀️
December 10, 2017, 07:17:46 PM
This often happens to the coins that are released after the sale of ICO ends, many of which sell it without thinking of potential. But the fact is that from 10 projects only 2-3 coins that can finally re-touch the price of ICO or higher, people choose to learn from experience and trapped in panic selling. This happens because there are too many projects so the holder cannot see the potential.

Panic always happens when wrong and not enough informations was fed to the investors, and right now more ways to get more updates is through social media like most known today is telegram. All recommended to do is just hold your coins and wait for the coins value to rise.
hero member
Activity: 602
Merit: 500
December 10, 2017, 07:14:11 PM
As you see the huge dump you automatically panic but the best thing to do is to close everything call a friend and have a coffee. After panic is over within some days the dumped coin takes its place again.
member
Activity: 350
Merit: 10
BitbondSTO.com | Germany’s First STO | Earn Stable
December 10, 2017, 06:50:29 PM
Panic situation when my coins are being dumped by market, it's really hard thing to hold my coins. When i get panic with such market condition, i usually sell my coins eventhough in the result i'm lost.

For me, i've got panic if just a few hours after i buy an altcoin because there's new in the next few days, but the bitcoins are go to moon.
we know that after that happen, most of the alts got the price in the bottom, and the event of the altcoin is done but the price even didn't get into my buy limit
sr. member
Activity: 2198
Merit: 273
SecureShift.io | Crypto-Exchange
December 10, 2017, 05:06:36 PM
This often happens to the coins that are released after the sale of ICO ends, many of which sell it without thinking of potential. But the fact is that from 10 projects only 2-3 coins that can finally re-touch the price of ICO or higher, people choose to learn from experience and trapped in panic selling. This happens because there are too many projects so the holder cannot see the potential.
newbie
Activity: 40
Merit: 0
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.
full member
Activity: 228
Merit: 101
December 10, 2017, 11:31:16 AM
Panic situation when my coins are being dumped by market, it's really hard thing to hold my coins. When i get panic with such market condition, i usually sell my coins eventhough in the result i'm lost.

I guess we share the same habits every time that our coins are having a DUMP, of course as a holder, it is natural for us to panic and decide what is better to do, but I'm not that kind of holder which do panic selling, I'm also thinking about that, but I've realized that it is just normal for the Altcoins price to go down for a while, because I know that after this kind of drama, the will PUMP double to their last price.
full member
Activity: 1008
Merit: 101
December 10, 2017, 04:18:39 AM
when my coins being dumped, exactly i'm panic and directly sell my coins, until now, i cant survive from my panic. it will make me scary to deeper loss, in order to avoid that loss, i sell my coins eventhough i loss. but i wont to get deeper loss. just avoid the high risk. it really hard to keep calm when your coins are being dumped.
I don’t do any panic because panic can put you in trouble and seven months before I did a mistake I sell my bitcoin without checking the rice of bitcoin and I lose my a lot of money so bitcoin don’t accept any panic it’s a digital currency and you must have be careful about dealing your small mistake can make a problem for you and I will advise to every one never make any panic just to focus on your work and check the price of bitcoin every day.
member
Activity: 108
Merit: 10
"SIMPLE SHOPPING AND SAFE PAY"
December 09, 2017, 01:01:24 AM
i alreadybdid. amd its actually not a good experience, in my country there is this application that shows exaclty the value of Bitcoin in our currency. i bought my bitcoin when it is around 300k and when i saw it strikes half million, there i feel this PANIC. anf now i feel so bad watching the bitcoin value approaching 900k. i even think it will be a million in just few days.
member
Activity: 182
Merit: 10
December 08, 2017, 10:56:11 PM
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 remember the time when the bitcoin value is getting dumped because of hardfork and that's give me an idea to say to my friend to sell his coins because the predictions of others was about to happen and he just did. That's how I and my partner panic and it is really disappointing right now because the bitcoin value is continuously aiming high. In short, be optimistic.
full member
Activity: 504
Merit: 102
December 08, 2017, 07:56:06 PM
We did panic if our holdings are being dump or it has being pump. We did because it affects our profit whuch is not good sign as a trader so we must control it. Otherwise we will not be successful in trading
newbie
Activity: 4
Merit: 0
December 08, 2017, 07:51:56 PM
Panic situation when my coins are being dumped by market, it's really hard thing to hold my coins. When i get panic with such market condition, i usually sell my coins eventhough in the result i'm lost.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
December 08, 2017, 07:35:56 PM
   I did not have panic with my investment in crypto-currencies. Until
now only confusion I had when BCH started to raise and people started
to talk about Bitcoin end, but I did not panic.
   I do not panic any more, when I was younger I was fast-thinking, fast-
making decision type. When I feel panic my brain start to work very fast,
and I thinking what can I do, call people to ask for advice, doing some
thing, anything. Now I am calm person, I think it trough and then I make
a decision.
   With crypto-currencies is easy, when I feel danger I will sell what I can
and if I can. I can not see any other option here.
sr. member
Activity: 602
Merit: 250
December 08, 2017, 05:14:04 PM
Panic is an interesting state to me. Experienced it once or twice now, analyzed my feelings and try to minimize it during trading.

Usually it occurs when the stake is too high and you are losing everything. So to minimize my panic I decrease amounts of my trades to just 10% of my deposit per trade. This helps a lot.

On the other side, when you buy or sell and the market goes against you, that's a tough call. But like I said, panic is minimized by not going all in.
There comes number of occasions in anyone’s life which can then result in getting panic. Getting panic is not a big deal, it is quite a normal thing. Things get wrong at the time when you can’t manage to control your emotions at that very moment. You actually need to remain cool and calm under all the situations so that thing don’t go in wrong direction. Just keep holding your nerves and remain patient.
member
Activity: 263
Merit: 10
December 08, 2017, 02:27:22 PM
When I think it's dumping time, I immediately sell my coin even it's half of my buy price.. That's how I panic. Smiley
It is normal to panic. The main reason is people do not understand the nature of digital market very well. In case of Bitcoin, it is the most volatile crypto coin.  No one can predict its price very accurately for even few weeks. So most of the time, new traders lose their money when they are trading in Bitcoin.  That is why it is good to go for altcoins trading first and try to understand the nature of Bitcoin.
I can comprehend your method for profiting. Astuteness is vital for every one of us and on the off chance that we settle on a decent choice, there is no requirement for being alarm. In this manner, be shrewd at whatever point you endeavor to make another venture since it can place you in a bad position or it can influence you to wind up noticeably a to a great degree rich individual.
member
Activity: 252
Merit: 10
December 08, 2017, 12:02:48 PM
When i was starting in trading and buying i experienced many mistake decision but this is the key why i learned. I always challenge myself how can i overcome all the mistake i made. I remember the first time I scammed and all my token and ETH balance in my wallet was transferred to other account, i feel like "why me" and what can i do to come it back to me.

Now i know how can i protect my asset and control my emotion in making decision and now i just smile when i remember what all happen to me when i was starting.
hero member
Activity: 1302
Merit: 577
avatar and signature space for rent !!!
December 08, 2017, 07:01:56 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?

at the beginning I was trading I had panicked when the price suddenly fell and I made a mistake by selling it and not long price back up, now I've got a lesson with my mistake so if the price goes down I still will hold it and I will remain patient and calm
you think that you can stay calm when, because of your memory, sold bitcoins for another $ 8,000, and today there are already New records. I lost almost a fortune or for my intolerance.

If this is your point of view than how many times will you panic ?? You will panic every time you will sell bitcoins. Today if you sale bitcoins at 10,500$, then you will panic when bitcoin will reach 15K..If you sale at 15K, you will regret  when bitcoin will reach 20K. So instead of making your mood off, be happy that you sold at 8K and that is the best decision you took.
yes exactly it is a hard decision to make so instead of that make some plan for when you wanted to sell your bitcoin and also be thankful on it cause you will never know for what will happen next how about if you truly wait to sell it in a price that is so very high of course you have to be patient but if you are contented on for what price that you can sell it be thankful.
member
Activity: 151
Merit: 10
December 08, 2017, 06:59:20 AM
Panic is an interesting state to me. Experienced it once or twice now, analyzed my feelings and try to minimize it during trading.

Usually it occurs when the stake is too high and you are losing everything. So to minimize my panic I decrease amounts of my trades to just 10% of my deposit per trade. This helps a lot.

On the other side, when you buy or sell and the market goes against you, that's a tough call. But like I said, panic is minimized by not going all in.
full member
Activity: 1008
Merit: 101
December 08, 2017, 06:36:46 AM
I'm usually panic when i'm losing and it makes me nervous and angry. It's really bad when i'm in that mood. Getting out of it is the best moment in my life.
First of all bitcoin don’t accept any panic and I think it’s right no need to make any panic because panic put us in trouble and especially when you are buying are selling bitcoin because price really matter here so we need to be very careful about playing here there is no chance of any mistake because one of my friend he sell all his bitcoins without going to check the price if bitcoin and he lose a very big of amount so no need to make panic.
hero member
Activity: 966
Merit: 506
December 07, 2017, 11:19:52 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?

at the beginning I was trading I had panicked when the price suddenly fell and I made a mistake by selling it and not long price back up, now I've got a lesson with my mistake so if the price goes down I still will hold it and I will remain patient and calm
you think that you can stay calm when, because of your memory, sold bitcoins for another $ 8,000, and today there are already New records. I lost almost a fortune or for my intolerance.

If this is your point of view than how many times will you panic ?? You will panic every time you will sell bitcoins. Today if you sale bitcoins at 10,500$, then you will panic when bitcoin will reach 15K..If you sale at 15K, you will regret  when bitcoin will reach 20K. So instead of making your mood off, be happy that you sold at 8K and that is the best decision you took.
full member
Activity: 504
Merit: 106
December 07, 2017, 09:17:50 AM
When I think it's dumping time, I immediately sell my coin even it's half of my buy price.. That's how I panic. Smiley
It is normal to panic. The main reason is people do not understand the nature of digital market very well. In case of Bitcoin, it is the most volatile crypto coin.  No one can predict its price very accurately for even few weeks. So most of the time, new traders lose their money when they are trading in Bitcoin.  That is why it is good to go for altcoins trading first and try to understand the nature of Bitcoin.
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