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Topic: How do you Panic? - page 51. (Read 39843 times)

hero member
Activity: 490
Merit: 500
August 06, 2017, 04:33:24 PM
Yes I have come to realizes and accept the fact that panic is one of the essential features of bitcoin or any other networking business, what cause panic most times is our inability to predict the future of bitcoin either if it will be on the increase of decrease level. But the fact still remains that panic do more harm then good in trading bitcoin or altcoin trading.
but i do not think that bitcoin is one of the most essential feather of bitcoin, i think people comes in panic and specially those people who do not have good experience in trading. in fact when the price start falling they become too much confused and therefore start selling, without studying the market and knowing about the market value.
legendary
Activity: 1414
Merit: 1001
August 05, 2017, 08:56:04 AM
Yes I have come to realizes and accept the fact that panic is one of the essential features of bitcoin or any other networking business, what cause panic most times is our inability to predict the future of bitcoin either if it will be on the increase of decrease level. But the fact still remains that panic do more harm then good in trading bitcoin or altcoin trading.
Panic is a very common thing. Everyone must have fear when he finds out that some of the money he has may be lost. Like when you have a coin and it turns out the coin continues to decline, he would have thought that selling it at this time is the best compared to waiting and getting the fact the price is going down.
newbie
Activity: 51
Merit: 0
August 05, 2017, 08:54:08 AM
Yes people panic in this forum for different reasons.But most of the people panic for Bitcoin price.It is one of the main reason that why people panic.The Bitcoin price has a great impact on the people's mind.The continuos falling of price is the main reason why people became panic.
legendary
Activity: 1652
Merit: 1057
August 05, 2017, 08:23:04 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?
If you invest without making any researches blindly on seeing the market conditions that some coins are increasing in price,then you would have to get panic when its price drops and you would have to sell it in loss.On the other hand,if you do a thorough survey and find the most under valued coin and invest in it,then you need not have to get panic even if its price drops as you already know that its price is going to increase in future.
Yep! It is crucial to do a thorough research about the market and the coin you are about to invest into. Only those who invest without proper details face great losses. Besides the coin into which you are investing matters a lot. If they are bitcoins; surely you are about to take a ride to moon. But if they are some newborn coins, obviously you are in loss.
Yes, the depth of our researches deciding the level of our success and possibility of getting panic during market hours. The asset where we are going to invest must be a prime factor for everything. When we are choosing a right asset then the chances to get panic will be completely eliminated in most of the cases.

But traders get greedy so that they look for short-term big profits that is the reason to invest into improper assets and then getting panic during market hours which push them to make improper decisions and then losses.
full member
Activity: 448
Merit: 122
August 05, 2017, 06:52:16 AM
Yes I have come to realizes and accept the fact that panic is one of the essential features of bitcoin or any other networking business, what cause panic most times is our inability to predict the future of bitcoin either if it will be on the increase of decrease level. But the fact still remains that panic do more harm then good in trading bitcoin or altcoin trading.
hero member
Activity: 770
Merit: 505
August 05, 2017, 04:47:24 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?
If you invest without making any researches blindly on seeing the market conditions that some coins are increasing in price,then you would have to get panic when its price drops and you would have to sell it in loss.On the other hand,if you do a thorough survey and find the most under valued coin and invest in it,then you need not have to get panic even if its price drops as you already know that its price is going to increase in future.
Yep! It is crucial to do a thorough research about the market and the coin you are about to invest into. Only those who invest without proper details face great losses. Besides the coin into which you are investing matters a lot. If they are bitcoins; surely you are about to take a ride to moon. But if they are some newborn coins, obviously you are in loss.
legendary
Activity: 1120
Merit: 1000
August 03, 2017, 10:11:30 AM
No one will prefer to get panic. Only due to lack of strong technical analysis they find situations to get panic during trading. I guess when traders will be gaining experiences and knowledge, they can avoid those panic situations.

Yeah no one prefers to get panic but when seeing the price falling everyone seems to do it just to chase the profits that they can still possibly make. I did this before and I had to admit until now I still belong to the panickers club. I just sell whenever others are selling and make the price lower.
yes that is right that bitcoin price has a very deep impact on mind of the people, when they see the price falling down then they cannot bare to hold their position and sell even in lost.

This is done by every people in the forum. People who have new to the forum they may be sell out the bitcoin due to fear of loosing their coin in price wise. Some of the people who are use to save the bitcoin anytime and waiting to find right to sell out or make as investment in btc related business.
i think even good investors and experienced people become confused and comes in panic, in fact it is again the nature of the human to accept the lose and specially when the lost is such  big one.
sr. member
Activity: 1050
Merit: 252
August 03, 2017, 10:05:03 AM
After buying any altcoin if the price of that coin continue to fall then it makes me panic very quickly and in that case I sell my coins at lower price which results in loss to me so now I am trying to improve my habit and hold it longer without getting panic.
that's bad mate inside trading panic should not be along with you, self control and good mindset are the things that needed to be equipped when you are
inside trading activity as soon as you understand the fluctuations the more you will able to take advantage but good for you since you already trying to
improve this and experience really a good teacher for us.
hero member
Activity: 1008
Merit: 501
August 03, 2017, 09:54:46 AM
After buying any altcoin if the price of that coin continue to fall then it makes me panic very quickly and in that case I sell my coins at lower price which results in loss to me so now I am trying to improve my habit and hold it longer without getting panic.
full member
Activity: 218
Merit: 110
August 03, 2017, 09:51:42 AM
but all preperation and working for hardfork is succesful and have a new bitcoin called bitcoin cash i dont panic to trade or exchange with different price o low to take all profit on altcoin is that time demand for rising profit  Smiley
legendary
Activity: 1372
Merit: 1005
August 03, 2017, 06:44:38 AM
No one will prefer to get panic. Only due to lack of strong technical analysis they find situations to get panic during trading. I guess when traders will be gaining experiences and knowledge, they can avoid those panic situations.

Yeah no one prefers to get panic but when seeing the price falling everyone seems to do it just to chase the profits that they can still possibly make. I did this before and I had to admit until now I still belong to the panickers club. I just sell whenever others are selling and make the price lower.
yes that is right that bitcoin price has a very deep impact on mind of the people, when they see the price falling down then they cannot bare to hold their position and sell even in lost.

This is done by every people in the forum. People who have new to the forum they may be sell out the bitcoin due to fear of loosing their coin in price wise. Some of the people who are use to save the bitcoin anytime and waiting to find right to sell out or make as investment in btc related business.
hero member
Activity: 3010
Merit: 794
August 03, 2017, 05:49:21 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?
Always keep calm and hodl as long as you can because as long you didnt sell off those coins you are still not on the losing side. Seeing them on negative does really hurt and would really give you a sense of panic because we wont really like to lose up money. This is how trading works or even on investments thats why its always a wise move not to panic easily and rather think on other things which would able to recover those loses on other ways.
full member
Activity: 434
Merit: 100
August 03, 2017, 05:45:46 AM
I experienced alot of fear when my coins value is going down when im just starting trading and i dont know that much about what to do in those times. Good thing to do is just wait for the value of it to increase again. Dont sell all your coins because the value is always changing. Always try to analyze  before investing.
newbie
Activity: 40
Merit: 0
August 03, 2017, 05:26:17 AM
I panic when I see coinmarketcap web site with red colors and I start to think like "Oh my god, I think I lost my all" because I make margin trade with leverage. This is very risky, with a small decline I can lose my all.

Why do you even trade on margin?
It's so damn useless and super risky, there are a lot of coins that can give you the same results but with less volume always of course.
To trade with leverage you have to be a minimum experienced and judging by what you say I don't think you are experienced enough.
hero member
Activity: 770
Merit: 500
August 03, 2017, 04:06:01 AM
No one will prefer to get panic. Only due to lack of strong technical analysis they find situations to get panic during trading. I guess when traders will be gaining experiences and knowledge, they can avoid those panic situations.

Yeah no one prefers to get panic but when seeing the price falling everyone seems to do it just to chase the profits that they can still possibly make. I did this before and I had to admit until now I still belong to the panickers club. I just sell whenever others are selling and make the price lower.
yes that is right that bitcoin price has a very deep impact on mind of the people, when they see the price falling down then they cannot bare to hold their position and sell even in lost.
hero member
Activity: 686
Merit: 500
August 03, 2017, 02:00:32 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?
If you invest without making any researches blindly on seeing the market conditions that some coins are increasing in price,then you would have to get panic when its price drops and you would have to sell it in loss.On the other hand,if you do a thorough survey and find the most under valued coin and invest in it,then you need not have to get panic even if its price drops as you already know that its price is going to increase in future.
sr. member
Activity: 429
Merit: 266
August 02, 2017, 05:37:13 PM
I panic when I see coinmarketcap web site with red colors and I start to think like "Oh my god, I think I lost my all" because I make margin trade with leverage. This is very risky, with a small decline I can lose my all.

Maybe you panic because you are high?
sr. member
Activity: 994
Merit: 257
August 02, 2017, 05:33:47 PM
I panic when I see coinmarketcap web site with red colors and I start to think like "Oh my god, I think I lost my all" because I make margin trade with leverage. This is very risky, with a small decline I can lose my all.
Yep! Panicking when the prices dump badly is a normal thing in crypto trading. No matter how good you are at trading, there comes time when your coins make you panic badly. But the only solution to escape such situations with head high is to stay calm.
The problem is that this is easier said than done, unless you are rich then it is very likely that you care a lot about your investments and when those investments grow then you feel happy but when something happens and you see all your investments losing ground the panic appears, this is the most difficult part about being a trader, the charts may say that everything is going to be fine but that gut feeling that is telling you to sell and to not accept even more losses can be very difficult to turn off.
hero member
Activity: 504
Merit: 500
July 31, 2017, 06:42:48 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?
It was in early times of my trading when i got panic due to some market situations as i lacked experience and i had no clear idea about crypto coins.To avoid such situations,we have to do a thorough research and find the most under valued coin.By investing in such coin,we could remain cool even when our invested coin goes down in price as we know that it would recover soon.Panic selling is carried out mostly by newbies as they don't have clear knowledge about crypto market.

Panic sales are made only by beginners. An experienced trader usually has strong nerves. And those who have weak nerves have long since left trading.
I'm still a beginner in trading, so I make mistakes. Now they are connected with the fact that I doubt for a long time whether to buy or not, and then buy when the price is too high
yes that is is right that those people who do not have any experinece they really come in panic. they cannot bare to hold bitcoin and not to sell it. in fact they cosider that if the price  will fell down they will lose everything they have but to me i think one can only get profit from bitcoin investment if he has the coure to hold their bitcoin even in panic like conditions. but such courage can only be found in experienced traders and investors.
sr. member
Activity: 284
Merit: 250
July 31, 2017, 06:57:43 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?
It was in early times of my trading when i got panic due to some market situations as i lacked experience and i had no clear idea about crypto coins.To avoid such situations,we have to do a thorough research and find the most under valued coin.By investing in such coin,we could remain cool even when our invested coin goes down in price as we know that it would recover soon.Panic selling is carried out mostly by newbies as they don't have clear knowledge about crypto market.

Panic sales are made only by beginners. An experienced trader usually has strong nerves. And those who have weak nerves have long since left trading.
I'm still a beginner in trading, so I make mistakes. Now they are connected with the fact that I doubt for a long time whether to buy or not, and then buy when the price is too high
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