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Topic: How do you Panic? - page 44. (Read 39843 times)

legendary
Activity: 1092
Merit: 1001
August 31, 2017, 08:02:02 PM
The human mind is programmed to focus on the negatives, so naturally when the price and value of assets plummet, people tend to panic and do stupid things. But not all stupid actions are bad decisions.

Well in general you learn from these stupid actions. Panic becomes part of your experiences and though you never can entirely remove panicking as it's normal for everyone to do so, you'll be able to handle panic a lot better the next time it happens.

I used to panic from everything in the past.. I was good at trading but i couldnt control my emotions so many times, and that made me loss a good amount of money or maybe possibilities to grow my balance. But for sure that i have learned for all of those experiencies and right now i dont panic anymore, i only use the inteligence and the knowledge and i know that altcoin market all are the same, the price goes to the floor, and then to the sky again, and this is a cycle.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
August 31, 2017, 07:53:53 PM
Profit gets risky especially for beginners, because you will not know if the price will go down or up, so just panic if you lost you investment. Shocked
That is common for the newbies but it can be fix if they are going to study how the game works and how to make good entries on their investment so they will not be able to get in panic situation because if they will have a good entry then it will be good for long term and they will feel more secure than just going random investment.
sr. member
Activity: 616
Merit: 250
August 31, 2017, 07:51:17 PM
Profit gets risky especially for beginners, because you will not know if the price will go down or up, so just panic if you lost you investment. Shocked
legendary
Activity: 1442
Merit: 1025
August 31, 2017, 03:16:01 PM
It's a natural thing mate and i think everyone get panic while having a tough time in trading. I panic sometimes during the trading of altcoins and yes i sometimes regret later that why i did it. I am quite comfortable and relax while trading bitcoins, when the price of bitcoin falls instead of getting panic i wait for the price to rise again while holding them.  
Panic is very difficult to remove from the attitude of many people. Maybe panic is a thing that every traders must have experienced. To avoid panic I usually always think quietly and maybe I will sleep when the situation I can not control. This will not make me able to make the right decision. Better avoid panic and then start over when the time is right.
yes that is right, in fact it is in nature of the people. i think it is different from person to person. some people who do not have more experience in trading they get panic very soon as compare to those people who have send good time in trading. in fact some people also remain week as naturally and even after passing time in their file they still remain as week.
the most important thing to avoid panic when going to trading is to take a closer look at every step of the trading and the end result. because, not just beginners who often experience panic at the time of trading, but also old players sometimes often experience panic when unexpected results come. panic can just come to the live how we control panic in various situations.
You are right, panic isnt really only for those newbie traders but also to old once, there no exception on this kind of feeling because there are really instances on which we do really suffer loses and would really be on doubt or confusion on how we did lose. Realizations and self study on your own trade executions would really help you out on which part you did make a mistake and later on you would apply it into your next trade set-ups.
This is exactly happening to many old ones in trade. Only newcomers are not being victim of losses but everyone. Risks, losses and profits are always be the constituents of business. So whenever you trade you must be ready with the profits as well as losses and disappointments.
full member
Activity: 136
Merit: 100
August 31, 2017, 05:27:18 AM
I would panic if I had invested to an ICO and after a long time made no progress
full member
Activity: 126
Merit: 100
August 31, 2017, 03:50:02 AM
Before when I was a new in trading I panic everytime I see my portfolio in red I sell them quickly because I am afraid that I will lose all my money. I have done this many times until I got tired of losing so I told myself its better for me to learn trading first before I will trade after learning the basic I went back to trading and now my loses are few.

This is very scary in my part too I don't know what to do when the price is decreasing and all of the coins on my portfolio are in red. This is the way I think, "oh no everything goes red and I would have to sell now before it's too late or I will have nothing before it gets zero."

It's normal you just have to be afraid when the investment drops the value so you invest your money to do so, but do not sell your losses the best thing to do when you buy a coin again. The price drop and the increase are just normal. The unnatural is that you sell your losses. Make a plan b for you to recover really
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
August 31, 2017, 02:26:16 AM
The human mind is programmed to focus on the negatives, so naturally when the price and value of assets plummet, people tend to panic and do stupid things. But not all stupid actions are bad decisions.

Well in general you learn from these stupid actions. Panic becomes part of your experiences and though you never can entirely remove panicking as it's normal for everyone to do so, you'll be able to handle panic a lot better the next time it happens.
hero member
Activity: 924
Merit: 502
August 30, 2017, 08:50:54 AM
The human mind is programmed to focus on the negatives, so naturally when the price and value of assets plummet, people tend to panic and do stupid things. But not all stupid actions are bad decisions.
I have nothing to panic. For what? I know the fact that bitcoin has its own value to depreciate and the higher the value the more it spreads. It just the same way around since from the beginning of creating bitcoin as crypto currency in this world. Whether people like it or that they or we don't have a choice of its price and we can't even deny the fact that bitcoin keeps on increasing no matter how we deal with other sellers. That's not a bad thing if other will be panicking because maybe they have put up a lot of other coins on their wallet and not even thinking what will happen if they don't manage it well. Furthermore, it will just give pain in expecting a lot from other coins that could ruin your method in circulating your profit.
hero member
Activity: 1134
Merit: 515
August 30, 2017, 08:40:57 AM
I usually panic hard  Grin after the price gone below my selling price I'll usually buy some more because why not? I'm staying away from trading at this moment, I prefer long term investment this day.

My mind has been settled too for long term investments because I personally will say that panicking is one of the habit that traders shouldn't have. This will destroy your very momentum in trading because your not focus in long term investment and you are letting your emotions drill you easily. That's why just hold your bitcoin and sleep all year round.
Yup, and wait for it value till it goes to the moon. When it didn't goes in the amount you expected ot to reach never panic or sell it. Focus and hold on to your words. Especially if you study the coin very well and you know how to read graphd then we're on the right track.
Don’t need to be panic at all. You, must have to learn about how to read the graphs for bitcoin price. This will help you to make sure that you are not going on wrong side. Whenever the price falls, don’t just panic on a money and just sell, no. Try to make yourself easy with the pumping and dumping.
full member
Activity: 266
Merit: 102
August 30, 2017, 08:20:53 AM
The human mind is programmed to focus on the negatives, so naturally when the price and value of assets plummet, people tend to panic and do stupid things. But not all stupid actions are bad decisions.
hero member
Activity: 798
Merit: 505
August 30, 2017, 05:39:02 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?

Well now in mco it is panic time because it really dumps a lot and I couldn't see any chance of pumps I want to sell my.coins but now I stop my self, I know it takes time to pump it agains I think months but I dont need money right now I.just wait the perfect timing to sell my.coins
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
August 30, 2017, 05:35:26 AM
I panic sometimes by not sleeping at night and desperately staring the price chart in hope that it will go up.
Instead of doing that, i think it is better if you will think for the possible solution for the problem that you have been facing because that acts will not help you because it is not that right for me and it is better to study the problem and determine the mistakes that you did and correct it for the next trade that you will do.
full member
Activity: 322
Merit: 100
August 30, 2017, 04:48:31 AM
in one of my not best of moments; I bought a coin at 600% up thinking it'll still go further up. as soon as I bought the price crashed and started plummeting down. don't know if it's panic but at that moment I started hysterically laughing as I watched my investment go down more than 80% I couldn't sell; I couldn't do anything. 
sr. member
Activity: 462
Merit: 250
August 30, 2017, 02:55:30 AM
It's a natural thing mate and i think everyone get panic while having a tough time in trading. I panic sometimes during the trading of altcoins and yes i sometimes regret later that why i did it. I am quite comfortable and relax while trading bitcoins, when the price of bitcoin falls instead of getting panic i wait for the price to rise again while holding them.  
Panic is very difficult to remove from the attitude of many people. Maybe panic is a thing that every traders must have experienced. To avoid panic I usually always think quietly and maybe I will sleep when the situation I can not control. This will not make me able to make the right decision. Better avoid panic and then start over when the time is right.
yes that is right, in fact it is in nature of the people. i think it is different from person to person. some people who do not have more experience in trading they get panic very soon as compare to those people who have send good time in trading. in fact some people also remain week as naturally and even after passing time in their file they still remain as week.
the most important thing to avoid panic when going to trading is to take a closer look at every step of the trading and the end result. because, not just beginners who often experience panic at the time of trading, but also old players sometimes often experience panic when unexpected results come. panic can just come to the live how we control panic in various situations.
You are right, panic isnt really only for those newbie traders but also to old once, there no exception on this kind of feeling because there are really instances on which we do really suffer loses and would really be on doubt or confusion on how we did lose. Realizations and self study on your own trade executions would really help you out on which part you did make a mistake and later on you would apply it into your next trade set-ups.
And yet there is no such thing to be expected when you feel panic so its your choice on how you handle it maybe as stay calm may help you but depends how calm you are. And making a self study is not enough experience is a must.
full member
Activity: 952
Merit: 104
August 30, 2017, 02:17:49 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 think nothing to worry about badly dump in trading for me thats the part of the curreny mostly in trading industry you need to patience and a positive thinking for the investment, after the value dump the next of that is pumping goes uprise the value of coins, thats only my opinion.
sr. member
Activity: 1932
Merit: 300
Vave.com - Crypto Casino
August 30, 2017, 02:15:33 AM
When you fall deep for a scam coin, you do panic. And in my trading experience, trading have dealt me loss than profit. (Though holding compensated that)
copper member
Activity: 434
Merit: 278
Offering Escrow 0.5 % fee
August 30, 2017, 02:12:20 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 was panicking when my altcoin is getting dump fastly It made me think that I can't afford to lose, so instantly I dump all my coins and try to buy the coins that getting dump fastly cause hypothetically speaking it could and may not recover. I'm prepared for the worst case scenario though.
hero member
Activity: 1065
Merit: 510
August 30, 2017, 02:04:16 AM
It's a natural thing mate and i think everyone get panic while having a tough time in trading. I panic sometimes during the trading of altcoins and yes i sometimes regret later that why i did it. I am quite comfortable and relax while trading bitcoins, when the price of bitcoin falls instead of getting panic i wait for the price to rise again while holding them.  
Panic is very difficult to remove from the attitude of many people. Maybe panic is a thing that every traders must have experienced. To avoid panic I usually always think quietly and maybe I will sleep when the situation I can not control. This will not make me able to make the right decision. Better avoid panic and then start over when the time is right.
yes that is right, in fact it is in nature of the people. i think it is different from person to person. some people who do not have more experience in trading they get panic very soon as compare to those people who have send good time in trading. in fact some people also remain week as naturally and even after passing time in their file they still remain as week.
the most important thing to avoid panic when going to trading is to take a closer look at every step of the trading and the end result. because, not just beginners who often experience panic at the time of trading, but also old players sometimes often experience panic when unexpected results come. panic can just come to the live how we control panic in various situations.
You are right, panic isnt really only for those newbie traders but also to old once, there no exception on this kind of feeling because there are really instances on which we do really suffer loses and would really be on doubt or confusion on how we did lose. Realizations and self study on your own trade executions would really help you out on which part you did make a mistake and later on you would apply it into your next trade set-ups.
full member
Activity: 798
Merit: 100
August 30, 2017, 01:42:41 AM
It's a natural thing mate and i think everyone get panic while having a tough time in trading. I panic sometimes during the trading of altcoins and yes i sometimes regret later that why i did it. I am quite comfortable and relax while trading bitcoins, when the price of bitcoin falls instead of getting panic i wait for the price to rise again while holding them.  
Panic is very difficult to remove from the attitude of many people. Maybe panic is a thing that every traders must have experienced. To avoid panic I usually always think quietly and maybe I will sleep when the situation I can not control. This will not make me able to make the right decision. Better avoid panic and then start over when the time is right.
yes that is right, in fact it is in nature of the people. i think it is different from person to person. some people who do not have more experience in trading they get panic very soon as compare to those people who have send good time in trading. in fact some people also remain week as naturally and even after passing time in their file they still remain as week.
the most important thing to avoid panic when going to trading is to take a closer look at every step of the trading and the end result. because, not just beginners who often experience panic at the time of trading, but also old players sometimes often experience panic when unexpected results come. panic can just come to the live how we control panic in various situations.
sr. member
Activity: 462
Merit: 250
August 29, 2017, 06:36:45 PM
It's a natural thing mate and i think everyone get panic while having a tough time in trading. I panic sometimes during the trading of altcoins and yes i sometimes regret later that why i did it. I am quite comfortable and relax while trading bitcoins, when the price of bitcoin falls instead of getting panic i wait for the price to rise again while holding them.  
Panic is very difficult to remove from the attitude of many people. Maybe panic is a thing that every traders must have experienced. To avoid panic I usually always think quietly and maybe I will sleep when the situation I can not control. This will not make me able to make the right decision. Better avoid panic and then start over when the time is right.
yes that is right, in fact it is in nature of the people. i think it is different from person to person. some people who do not have more experience in trading they get panic very soon as compare to those people who have send good time in trading. in fact some people also remain week as naturally and even after passing time in their file they still remain as week.
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