Recently I panicked a bit, I don't really do it but circumstances made me panic. I was thinking to square of my few BTC holdings for urgent requirements and the price started to drop and then I kind of panicked a bit. Also recently my entry to ICOs and altcoins, makes me nervous, not really panicky but I get frightened sometimes.
well i really panic when i was really overwelmed and i cant handle my emotion.and i really believe that no one in this world doesnt panic when it involve money .because in this present of modern world money is life .money is really verry important it is next to life and no one can really deny that because even when you get sick and you drawn to tge hospital and if you dont have anh money to pay down payment nobody will care for you.that is why i believe money is the most common factor to make people panic. 
Topic: How do you Panic? - page 26. (Read 39843 times)
Recently I panicked a bit, I don't really do it but circumstances made me panic. I was thinking to square of my few BTC holdings for urgent requirements and the price started to drop and then I kind of panicked a bit. Also recently my entry to ICOs and altcoins, makes me nervous, not really panicky but I get frightened sometimes.
With ETH and Bitcoin, I am not panic. But with new altcoins, maybe I will sell immediately. Cut loss and find others coin to invest. That's my strategy. 
Thats nice but bear in mind that some new altcoins have a good future too like RPX etc... ETH and Bitcoins is stable currency also to include top coins in the market. 
With ETH and Bitcoin, I am not panic. But with new altcoins, maybe I will sell immediately. Cut loss and find others coin to invest. That's my strategy.
very simple and straight forward. i like to apply your technique..
just to add one more. try averaging technique with spare funds.
With ETH and Bitcoin, I am not panic. But with new altcoins, maybe I will sell immediately. Cut loss and find others coin to invest. That's my strategy.
Thats nice but bear in mind that some new altcoins have a good future too like RPX etc... ETH and Bitcoins is stable currency also to include top coins in the market.
Panicking make wrong decision. It's hard to maintain cool attitude if you see your money is going down. But to handlr this you must still be confident because this kind of industry or business you must know how to gamble. Dont let your feeling eat you. Make the right decisions alwaysso that you can succeed in the future.
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. 
If you panic the best thing to do is to get up and get some fresh air do not take any impulsive decisions, you are only going to make a mistake, so you are going to make a bad situation even worst by making and additional mistake, besides most people panic when they see the price of bitcoin going down without understanding that most of the time the price goes back to normal after a few days.That's true about don't make things worse when the situation has been ruined , people always forced themseleves ,
Push the limit principle isn't fit in this kind situation ,
You need to have an extra patient , that's actually the key of trading success .
With ETH and Bitcoin, I am not panic. But with new altcoins, maybe I will sell immediately. Cut loss and find others coin to invest. That's my strategy.
I am panicking only when I daytrade. With BTC I just HODL and tend to forget this. And I feel better.
There comes so many occasions when you get panic. Most of the time, I get panic when I see the market price of the coins which I’m holding going down. The fact is there is nothing fruitful which you can get by getting panic. This is what I have learnt from my own personal experience. You need to remain cool and calm and you actually need to control your nerves under such conditions for your safe survival.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.
If you panic the best thing to do is to get up and get some fresh air do not take any impulsive decisions, you are only going to make a mistake, so you are going to make a bad situation even worst by making and additional mistake, besides most people panic when they see the price of bitcoin going down without understanding that most of the time the price goes back to normal after a few days.That's true about don't make things worse when the situation has been ruined , people always forced themseleves ,
Push the limit principle isn't fit in this kind situation ,
You need to have an extra patient , that's actually the key of trading success .
I remember when I panicked, I always lost when I panicked.Dont panic and keep doing trading
Oh sorry for your loss. But now you are an evidence for us that trading is all about decisions. And these decisions are highly and I must say so much affiliated with these emotions. You are indulged in this game of emotions, you are not making good decisions that is sure like a reality. Keep yourself calm and only focus on business goal, keel your motions controlled and good luck. 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?
Emotions betray you the most especially when in comes to money. Who would want to lose their money, anyway ?
When I trade before and see my coins just dropped by little by little, I did got panicked to the point that I am selling my coins to its lower value. I got nothing.
Sometimes when there's a hype in an altcoin, I did buy those coins for a higher value knowing that I get some profits but I didn't.
Emotions really betray me. So I'd had to stop the trading.
I am panicking only when I daytrade. With BTC I just HODL and tend to forget this. And I feel better.
There comes so many occasions when you get panic. Most of the time, I get panic when I see the market price of the coins which I’m holding going down. The fact is there is nothing fruitful which you can get by getting panic. This is what I have learnt from my own personal experience. You need to remain cool and calm and you actually need to control your nerves under such conditions for your safe survival.
If the price fallin of course will make us panic because it's just human tendency to panic. But don't sell it just hold your coin and wait for the price to recover, and just stay calm. Trading in crypto market needs a lot endurance, wisdom and big heart. Cryptocurrency is a high risk trading and most people already aware of that.
I remember when I panicked, I always lost when I panicked.Dont panic and keep doing trading
That is the spirit we should all have, never give up no matter how long we will be able to control our selves with out emotions every time we see our portfolio bleeding. We will get used to it eventually and we will not panic anymore. I also had my lost in my first few trades and it was really stress that time but I managed to control myself now so I don't worry a lot if the market is not going the way I want it.
You guys wanna learn some good risk management? Watch to the end of my videos
I created an ETP technical analysis video for beginners that covers risk management.
https://www.youtube.com/watch?v=SJR1OG60b-o
I have TONS of content to help beginners.
Follow me on Twitter for some awesome play-by-play TA.
Twitter - https://twitter.com/PhilakoneCrypto
See my YouTube series for beginners: Starting $200, $1,600 in 16 Days:
https://www.youtube.com/watch?v=94-BD6GaRGM&list=PL5brTFluwn1nA2wNJ5is4PFwnhcmdF9t2
See my beginner that everyone should read guides:
https://steemit.com/trading/@philakonecrypto/50-cent-get-rich-or-die-trading-the-ultimate-beginners-guide
https://steemit.com/trading/@philakonecrypto/the-trader-life-the-difference-between-success-and-failure-a-harsh-reality
I'm not a financial adviser, nor am I giving you any tips on when to buy, sell, etc. I'm simply stating my opinions and what I personally look for.
The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. Also starting with a small amount is always best if you're relatively new.
Please never play large positions. Study and learn something new every day. It's how we grow as individuals and especially as trader.
I created an ETP technical analysis video for beginners that covers risk management.
https://www.youtube.com/watch?v=SJR1OG60b-o
I have TONS of content to help beginners.
Follow me on Twitter for some awesome play-by-play TA.
Twitter - https://twitter.com/PhilakoneCrypto
See my YouTube series for beginners: Starting $200, $1,600 in 16 Days:
https://www.youtube.com/watch?v=94-BD6GaRGM&list=PL5brTFluwn1nA2wNJ5is4PFwnhcmdF9t2
See my beginner that everyone should read guides:
https://steemit.com/trading/@philakonecrypto/50-cent-get-rich-or-die-trading-the-ultimate-beginners-guide
https://steemit.com/trading/@philakonecrypto/the-trader-life-the-difference-between-success-and-failure-a-harsh-reality
I'm not a financial adviser, nor am I giving you any tips on when to buy, sell, etc. I'm simply stating my opinions and what I personally look for.
The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. Also starting with a small amount is always best if you're relatively new.
Please never play large positions. Study and learn something new every day. It's how we grow as individuals and especially as trader.
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?
Emotions betray you the most especially when in comes to money. Who would want to lose their money, anyway ?
When I trade before and see my coins just dropped by little by little, I did got panicked to the point that I am selling my coins to its lower value. I got nothing.
Sometimes when there's a hype in an altcoin, I did buy those coins for a higher value knowing that I get some profits but I didn't.
Emotions really betray me. So I'd had to stop the trading.
I remember when I panicked, I always lost when I panicked.Dont panic and keep doing trading
People usually get panicked when their going is going through dump phase because it seems apparently that they have invested in wiring coin and their all money is going to sink. But fi the coin is bitcoin then nothing can justify your panicking because it is crystal clear by now that bitcoin has the potential of recovering its previous prices and day by day its market is also growing. 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?
When i invest some lumpsum amount in trading. It may leads to panic about the market conditions, Value fluctuations is most unpredictable one. However it will eventually raise the value after sometime Also i can't suddenly liquidate my coins. 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 somepoint i have to hold them to not get empty handed.
lol of course emotions in difficult moments it is hard to keep given that we all, to some extent, nervous. If I lose my investments, I try to remain calm. Remember that the person has not lost anything as long as he has his coins
Though everyone would agree that it's not easy especially if you're seeing your investments plunging real time. Even seasoned traders get rattled every once in a while.
i don't rattle though, but i always piss my pants when i'm on panic mode
i end up dumping my btc for USDT and buy back when price plunge to its lower lows. i can't just watch and see my money taken away by dumpers and if i shit my pants, i may also dump the altcoins i got. Jump to: