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Topic: How do you Panic? - page 20. (Read 39813 times)

full member
Activity: 210
Merit: 100
December 01, 2017, 08:10:04 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?
Trade failure is caused by several factors. The main factor experienced is none other than the fear and panic of the market turmoil
I usually try to be calm in everything, and train my body to not be affected by the circumstances.It will make me ready to face the worst conditions in the market
sr. member
Activity: 1236
Merit: 252
December 01, 2017, 06:58:42 AM
A lot because that is what the main differece of a beginnerand a pro. Personally i think a lot reduction when my coin goes down and thus to prevent slipping to the hole I instantly market it and dedicate a big mistake. n
I think bitcoin don’t accept any panic and there is no need to do any panic because bitcoin is a digital currency and you need to be very careful about to  play here because your small mistake  can put you in trouble so always be careful here because last week one of my friend sell his bitcoins with out to check  the price and lose very badly so that’s why I always  suggest to every one always check the price of bitcoin before going to deal  here either you want to sell or you want to buy  and that’s  why I’m still going to take profit all the time.
member
Activity: 238
Merit: 57
November 30, 2017, 07:34:40 AM
As atrader we should inspect ourselves on where our weakspots in regards to on our exchanging ways or propensities which we can ready to check whether we are great or not on a specific methodology or not on the grounds that there are extremely a few occurrences on where regardless of how hard we do attempt we do even now come up short which is ordinary and if this thing do happen then switch into another way and make trial and error.Its simply like that as long we can ready to see some improvement on our exchanges at that point better to keep it and endeavor to proceed.
newbie
Activity: 198
Merit: 0
November 30, 2017, 07:11:22 AM
During the panic I just sell some crypto from my wallet, and that's all... I am used to make wrong decisions when the market falls down, so just make a small insuranse.
newbie
Activity: 11
Merit: 0
November 30, 2017, 06:41:45 AM

The most frequent time you’d feel the panic is when you see the rates are dropping for bitcoin. As much as possible, you have to recover the soonest time possible to create a profitable plan.
full member
Activity: 462
Merit: 100
SOL.BIOKRIPT.COM
November 29, 2017, 10:52:35 PM
This is very nostalgic for me.  The first time i panic buy when i just trying to buy waves to use for my wavesdex , for the transaction of my tokens. In just so executed to buy without knowing anything how.  Its trial and error moves for me.  I really don't know if i follow the rules of buying low and selling high.  Do you think i panic buy that time?  I guess so,  after i buy, i think it over and over again that i did something wrong. And end up to gain nothing. Maybe we always thinks million of times before making a choice,  just be call and clear your mind. Try to hold also in something very worthy.
full member
Activity: 518
Merit: 184
November 29, 2017, 10:09:21 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?

During the time that i am new to this kind of investments I am not so sure what will happen to my investments in the first weeks i really panic a lot when i saw the market go down so really fast what i did i had encash my investments but later on upon reading articles and experiences of investors i had learned that the crypto market is really volatile and we need to control our emotions and study first before investing so that we wil not panic later on. Right now i am into long term investment and I keep on holding my coins.
full member
Activity: 518
Merit: 100
November 29, 2017, 07:12:51 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?

In trading what happen to your is you always need to be calm, i experience to get panic before pa but it doesn't help any more,because when you panic you sell your coin in a wrong time, so just relax and wait until the coin pump again.
hero member
Activity: 659
Merit: 500
Zepher is scammer!:)
November 29, 2017, 06:47:26 PM
My panicking time is depends on the market situation like if the market are bearish im panicking but i make a new entry Example the price of DGB dump very fast from 1000sats to 900sats then if i know the market are bearish im panicking and selling it into a low price when i know it will dump more and comeback soon i buy it in the lower price like 700 - 800sats so my coins are growing even im selling it into a low price but this method is risky because  we're not sure if just a small retrace and comeback its value so fast.

Today was flash crash @finex neo to 4$ go in some mins...Happy my stack grow for 30 neo.. Wink
sr. member
Activity: 958
Merit: 265
November 29, 2017, 06:32:03 PM
My panicking time is depends on the market situation like if the market are bearish im panicking but i make a new entry Example the price of DGB dump very fast from 1000sats to 900sats then if i know the market are bearish im panicking and selling it into a low price when i know it will dump more and comeback soon i buy it in the lower price like 700 - 800sats so my coins are growing even im selling it into a low price but this method is risky because  we're not sure if just a small retrace and comeback its value so fast.
full member
Activity: 672
Merit: 176
November 29, 2017, 06:01:28 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?

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.
member
Activity: 322
Merit: 10
November 29, 2017, 12:57:03 PM
I don't panic anymore, I'm buying the dip.

My portfolio value fluctuates quite a few thousand sometimes, it doesn't makes me anxious anymore, what goes down must go up. Cheesy
This is my big problem I don't know when it is the dip.  Smiley
and I usually buy high and sell low or medium
Simple, you can buy Bitcoin when the price of Bitcoin dumped below the old price as support price. Maybe, you don't know what is support/resistance price. You can understand support/resistance is the old price of something and when the price reaches in these price, it always obstructed (pump/dump).
Well I think I never do panic here because bitcoin is a currency and currency do accept panic if you will do panic so you can be in trouble so always be care full when you want to sell or buy because when you buy bitcoin so first of all you will have to check the price of bitcoin and then when you buy bitcoin with low price then you have to keep it on hold and wait for the right time until the price go high if you will start panic in selling and without knowing the price and sell bitcoin so you can lose all your money so always be care full .
member
Activity: 350
Merit: 12
November 29, 2017, 07:01:45 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
newbie
Activity: 2
Merit: 0
November 29, 2017, 06:56:21 AM
Hahaha. Im a newbie. I have just joined the bitcoin world for 3 days. I think panic situation is really acceptable for a newbie because they are still building up their knowledge about bitcoin. I was so panic about buying XLM, its getting higher so fast, and down so fast. Hahahaha. But in the end, its getting stronger and I regret it. So, dont be panic
full member
Activity: 1554
Merit: 101
November 29, 2017, 02:51:06 AM
yes of course the first time I tried trading I bought some coins when its price started to fall I was panicked and then rush to sell it a week later the price went up. where I feel annoyed, I lost some money but it's okay at least I learned something.
hero member
Activity: 3052
Merit: 685
November 29, 2017, 12:21:34 AM
Though there work great ICO's but there are a lot of ripoffs as well. But generally, you just need to do some research and blood pressure measurements on the credibility of these behind them. Look into their activities as offered by their street roadmaps. Attempt to gauge as well if the item offers something relevant and helpful for the general public. Overall, there is no guarantee. As an investment, you will find really probabilities of gaining or dropping. But with some studies, you may be able to acquire having a calculated dangers.

If I never panicked because I never invested Bitcoin or other cryptocurrency. I used to be afraid to invest because I was afraid that the price of Bitcoin would go down and disappear someday. But after I realized and see that the price of Bitcoin always increased sharply and has reached a very large number, I so no doubt. I have decided to collect Bitcoin and always save to sell it in the next few years. But if there is a problem with Bitcoin, I must be panicked. Hopefully Bitcoin price will increase drastically in the future.
You are afraid of taking risk so you will never gonna make a lot of bitcoins unless you will work and you will be paid a lot.
Investing is the fastest way of growing your money but like you said there is a big risk and bitcoin's price is very unpredictable as for sure we will not only see an uptrend movement but we can also expect the opposite to happen.
full member
Activity: 193
Merit: 100
November 28, 2017, 10:54:33 PM
Though there work great ICO's but there are a lot of ripoffs as well. But generally, you just need to do some research and blood pressure measurements on the credibility of these behind them. Look into their activities as offered by their street roadmaps. Attempt to gauge as well if the item offers something relevant and helpful for the general public. Overall, there is no guarantee. As an investment, you will find really probabilities of gaining or dropping. But with some studies, you may be able to acquire having a calculated dangers.

If I never panicked because I never invested Bitcoin or other cryptocurrency. I used to be afraid to invest because I was afraid that the price of Bitcoin would go down and disappear someday. But after I realized and see that the price of Bitcoin always increased sharply and has reached a very large number, I so no doubt. I have decided to collect Bitcoin and always save to sell it in the next few years. But if there is a problem with Bitcoin, I must be panicked. Hopefully Bitcoin price will increase drastically in the future.
full member
Activity: 238
Merit: 100
November 28, 2017, 10:35:01 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?
What made me panic last time is that the bitcoin will be crashed someday and the value will turn to zero and i remember the time this month of October about the SegWit activation that would follow a hard fork this month of November which made me jump to a conclusions to sell my bitcoins and i admit that i regret what i just did.
full member
Activity: 196
Merit: 121
November 28, 2017, 10:15:24 PM
A lot because that is what the main differece of a beginnerand a pro. Personally i think a lot reduction when my coin goes down and thus to prevent slipping to the hole I instantly market it and dedicate a big mistake. n

In the early days of my trading, i also used to panic a lot. Seeing the coin going down make me so nervous that i used to sell the coins in cheap at a loss. But then with the passage of time i learnt not to sell at a loss no matter how down the price is. The market always goes up after the crash so wait for the right time to sell.
Actually when time I joined the Crypo market I was confused and afraid to loss my money. But my friend helps me to understand what I will need to learn in the rules of it. Eventualy after see the movement of bitcoin in the market. We all experience the fluctuations of value of bitcoin, so maybe I will panic if the value of bitcoin goes down..
hero member
Activity: 2156
Merit: 891
Leading Crypto Sports Betting and Casino Platform
November 28, 2017, 09:52:05 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 think before you invest, you already know the risks, at that, you dont have to panic if investment goes badly. Maybe you will be worried for a short period of time but doe t mean you have to panic.m

I agree, from the moment that you do trading you already knew the consequences behind it. We're just human so we tend to panic and that's okay but little by little you should be used to it as we always see that when it gets dump soon it will rise and that's always the scenario and nothing to worry.
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