How do you Panic? - page 27. | Bitcointalksearch.org

gabmen

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Quote from: morgan4140 on October 27, 2017, 09:04:02 AM

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.

morgan4140

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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

Granxis

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I remember when I panicked, I always lost when I panicked.Dont panic and keep doing trading

Soranith

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Quote from: Dreamchaser21 on October 26, 2017, 06:36:03 PM

Quote from: Emmyslot on October 26, 2017, 01:01:30 PM

Panicking is completely out of the line.
I just try my best to analyse things

You really don't need to panic specially when you hold bitcoin because we all know it's capability to bounce back. Panic is really not ideal for every trader you should focus on your trading plan so you can make really good money and analyzing the market well will prevent you from loosing money, don't panic stay focus.

Holding bitcoin out of all cryptocurrencies is a little bit risky compare to other coin so there is no need to panic when bitcoin price will go down because it will just bounce back and its normal for the value to go down sometimes because of the correction and profit taking trader do.

jamesdavidso2

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I am panicking only when I daytrade. With BTC I just HODL and tend to forget this. And I feel better.

Afnan_faizah

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Quote from: daringdiscovered on October 26, 2017, 07:51:59 PM

Quote from: Emmyslot on October 26, 2017, 01:01:30 PM

Panicking is completely out of the line.
I just try my best to analyse things

We'll see about that when you are starting Trading. Panicking can't be help especially if the coins that you are holding is having a very huge continous drop, so you're going to start thinking to sell because if you don't you'll lose even more. But it is better if you are a holder, I mean, you could endure the temptation of selling it to have more profits in the near future.

Yes mate, you right. Most of people who doing panic selling is because the pure emotions and fear, rather than evaluating the fundamentals of the coin. Actually we do not need to worry when panic selling happen if we are sure that the fundamentals of the coin is good, even we can take an advantage by buying more coin in that time.

Hassan02

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Quote from: daringdiscovered on October 26, 2017, 07:51:59 PM

Quote from: Emmyslot on October 26, 2017, 01:01:30 PM

Panicking is completely out of the line.
I just try my best to analyse things

We'll see about that when you are starting Trading. Panicking can't be help especially if the coins that you are holding is having a very huge continous drop, so you're going to start thinking to sell because if you don't you'll lose even more. But it is better if you are a holder, I mean, you could endure the temptation of selling it to have more profits in the near future.

There comes a time wherein the coin that i hold are continuing on dropping some of my friends that holding that cojn sell and find another me i dont say that im a holder but on that time im still holding i am not the only one who's still holding but what happen next is after it drop other came by it is pumping and now i got a lot of profit it now. I dont say that you have to still holding but always think and before you trade what kind of coin and why you have to hold it. My point is panicking for the critical situation is not worth.

daringdiscovered

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Quote from: Emmyslot on October 26, 2017, 01:01:30 PM

Panicking is completely out of the line.
I just try my best to analyse things

We'll see about that when you are starting Trading. Panicking can't be help especially if the coins that you are holding is having a very huge continous drop, so you're going to start thinking to sell because if you don't you'll lose even more. But it is better if you are a holder, I mean, you could endure the temptation of selling it to have more profits in the near future.

rizkyhiw

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Quote from: bohr on October 26, 2017, 03:40:01 PM

Quote from: WSDN on October 20, 2017, 10:18:03 AM

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. Shocked

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.

Yeah get some rest and get back later when you feel you are cool enough ,
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 .

Dreamchaser21

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Quote from: Emmyslot on October 26, 2017, 01:01:30 PM

Panicking is completely out of the line.
I just try my best to analyse things

You really don't need to panic specially when you hold bitcoin because we all know it's capability to bounce back. Panic is really not ideal for every trader you should focus on your trading plan so you can make really good money and analyzing the market well will prevent you from loosing money, don't panic stay focus.

wahb

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Quote from: bohr on October 26, 2017, 03:40:01 PM

Quote from: WSDN on October 20, 2017, 10:18:03 AM

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. Shocked

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.

But I think once people decide to and worry about the market then they really find it hare to hold their bitcoin, and specially those people who do not have any experience, they start selling which really create panic. I think such people need to get some experience and after that should invest a big amount of money.

bohr

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Quote from: WSDN on October 20, 2017, 10:18:03 AM

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. Shocked

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.

layoutph

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The more you trade the more you understand and knew what the crypto market it is. Before when I saw theres a pump I hurry and buy the coin, and I found my self being dumped. Thats where I learn my lesson wait and to wait and to wait.

Quote from: shamzblueworld on June 28, 2017, 02:07:18 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?

Emmyslot

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Panicking is completely out of the line.
I just try my best to analyse things

Trela

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Quote from: eann014 on October 22, 2017, 08:06:15 AM

Quote from: naira on August 19, 2017, 07:08:06 AM

If I hold a coin, I will try to calm down and not panic.
I will wait for the right moment to sale it

Maybe after the next fork bitcoin will increase its price again, and I am assuming now that maybe bitcoin will reach until $7000 by this year. Grin

I don't know if you also believe in my speculation but that is just what I think and that is just my opinion. There is nothing wrong if we look for bitcoin like it’s a 1st currency of all currencies but I just want to be positive. Next hard fork is near!!! Grin

Maybe, that is the final time for Bitcoin to increases its value in this year. In my opinion, if the current momentum growth of Bitcoin still strongly until November, reaches $7,000 is normal and easily for Bitcoin. Even, $10,000 is still possible, as long as how many traders want to support and buy it Grin

?

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I panic sometime when there is a big fall in price say 25%. Nevertheless I don't allow that to control my emotion after five minute. All I do is be courageous and analyze the market further by looking for how I can fix the lost.

markdario112616

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I've been into situations like this, and panic attack is a normal since that's how will a mind and body reacts into something. My first panic attack is quite normal like any others such as cramming, don't know where to start, how should I handle it and etc. I was a total mess at first though as Time pass I've learned how to control my emotions and do the best I can to be calm, One must put their mind on a calm state so that you could process the problem and apply proper solutions. Emotions can affect your critical thinking in which can disrupt your calmness in such cases, don't let that happen at any cost.

eann014

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Quote from: naira on August 19, 2017, 07:08:06 AM

If I hold a coin, I will try to calm down and not panic.
I will wait for the right moment to sale it

Maybe after the next fork bitcoin will increase its price again, and I am assuming now that maybe bitcoin will reach until $7000 by this year. Grin

I don't know if you also believe in my speculation but that is just what I think and that is just my opinion. There is nothing wrong if we look for bitcoin like it’s a 1st currency of all currencies but I just want to be positive. Next hard fork is near!!! Grin

wareen

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Quote from: fullhdpixel on October 20, 2017, 06:25:03 AM

Quote from: djgtr on September 27, 2017, 05:21:29 AM

Quote from: fullhdpixel on September 27, 2017, 12:17:04 AM

Quote from: geegaw on September 14, 2017, 10:53:46 AM

Quote from: richkellj on September 14, 2017, 12:19:49 AM

Quote from: to378972 on September 10, 2017, 02:32:10 AM

There are some differences between business aircraft and bitcoin business, daily traders must know about this. Trading is a gambling game in my opinion, whether you make a profit or lose money. But in the bitcoin environment, there is no damage after I invest in it because the value of bitcoin continues to increase over time. All I have to do is find the dip to buy and keep it lasting.

Everyone panics at different scenarios, some may panic on downfall of the prices of their investments, some panic when they had hard times in family or any other office issues. I usually don’t get panic as soon like others because I know how to control my emotions so that my decisions are not affected while trading at the time of crisis.

Yeah, I think the present is a time of crisis, people are very scared when they look at the price of bitcoin, some people have made the wrong decision and sell all their bitcoin at low prices, they will soon regret, in the past, I was also a victim in this situation. However, at present I know emotional control and I have a lot of experience, knowledge, that made me feel very calm, even I was not too concerned about the price of bitcoin fell, and I always say to myself, if afraid, turn off the computer and go to bed, it is quite effective

I guess i panic when i don’t see the rise of bitcoins and i don’t get the desired results seeing the value of bitcoin dropping. But i try to keep myself calm in such conditions and try to think of the positive things. Because eventually it is going to benefit us in the future. So stay calm guys.

well people always panic when they really didnt have an experience of such thing and they are afraid of loosing something because of it.i think the best thing to do is to keep looking for an update and think possitive .

There is nothing special for which I got panic because I earned most of my bitcoin in this forum while joining signature campaign. The only reason for me to be panic is the payment which is in bitcoin when we post the payment being set to our bitcoin wallet, and the price in these days is not so high therefore the value of our income is not so good. Only this make me worry otherwise I feel normal.

Haha, I think at least you have experienced to worry someone scam you or transaction hash can not confirm while Bitcoin rising its value rapidly. Did you not experience these cases? The panic is normal for anyone when you can not completely something as your hope.

rodalutor

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For me I think my biggest problem is actually the opposite of panic, often when a coin of mine crashes I tell myself that it will recover and then I hold it for too long.

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