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Topic: How do you Panic? - page 53. (Read 39813 times)

sr. member
Activity: 868
Merit: 251
HEX: Longer pays better
July 27, 2017, 12:08:18 AM
I am a day to day trader and there are many moments everyday where I have a habit of panicking but every time I just do a simple task. Leave the trading whenever I panic. Let it be like that, the coin will jump back after some days or weeks rarely but they do come back. So its never a problem for me.
Depending the type day trader on market. If you are a day trader margin, I ask you can still keep your calm and hold this loss in 1-2 months by your mistake and pay fees loans to exchange everyday? In past time, I very like you and not use stop loss when trading. So, in June begin bearish trend on market, I loss 80% my funds for this order only because I believe this coin can recovery. Until today this coin still lowest price and can't recovery to base in 2 months ago I bought.
newbie
Activity: 126
Merit: 0
July 26, 2017, 11:21:07 PM
We see first, altcoin down due to price correction or because bitcoin down?
If the price correction, we still dare to hold, but if because bitcoin down better sell before the loss a lot.
That's my opinion, so don't panic.
hehe
full member
Activity: 269
Merit: 100
July 26, 2017, 02:38:38 PM
Before I was almost immune to price drop, but friend of mine was leader in panics, especially if eth or btc going down. After bigger stake has begun to circulate, i started panic mode by myself as well Sad
i am not immune anymore ☹
legendary
Activity: 1442
Merit: 1025
July 26, 2017, 02:33:36 PM
I am a day to day trader and there are many moments everyday where I have a habit of panicking but every time I just do a simple task. Leave the trading whenever I panic. Let it be like that, the coin will jump back after some days or weeks rarely but they do come back. So its never a problem for me.
There will be no guarantee all the coins will bounce back after few days. If you notice there are lot of coins kept dumped to one satoshi then no buyers and then getting delisted. If you chose a random coin for your trading then frequent panicking will be unavoidable.
hero member
Activity: 2282
Merit: 589
July 26, 2017, 02:23:38 PM
I am a day to day trader and there are many moments everyday where I have a habit of panicking but every time I just do a simple task. Leave the trading whenever I panic. Let it be like that, the coin will jump back after some days or weeks rarely but they do come back. So its never a problem for me.
sr. member
Activity: 774
Merit: 250
July 26, 2017, 12:40:12 PM
When Im new in trading Ive become impulsive trading and didnt think of the outcomes. When the time price crashes to what I didnt expected I got panicked and sold it. Therefore, I should think before doing such an action in trading not to lose money again.
full member
Activity: 784
Merit: 112
July 26, 2017, 12:25:25 PM
As of now i don't really know what panic means when it comes to trading because I'm a beginner i'm still lack of knowledge when it comes to trading  but i think panic is a part of risks because if there is a dump people go sell and sell then other people or professionals stays calm because they know how to handle the situation.
full member
Activity: 588
Merit: 100
July 26, 2017, 11:11:08 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 dont go on panic because I know oneday I can be rich throuh bitcoin.I just sell by bitcoin now because I need it for daily needs of my kids
I know that one day I will be a successful bitcoiner that I am one of those millionaire bitcoiner in rhe world.
hero member
Activity: 3122
Merit: 672
www.Crypto.Games: Multiple coins, multiple games
July 26, 2017, 10:12:36 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?

When prices are crashing, its normal to feel  anxious and start panicking . I would be lying if i'll say i dont. When i start to panic, i breathe, calm myself down, then prepare. I prepare myself for the worst case scenario but i dont just sit and wait for my doom. Most of the time, I hold some and sell some. Most likely, 65% hold 35% sell. But some there are times that i just held tightly to my coins until the price has gone up again. Its better to have sound mind and self control during panic time. Always be prepared of what might happen in this unpreditable world of digital currency.
Indeed. It’s common to panic when prices are continuously dumping. Usually newcomers do get panicked easily and sometimes old investors as well if prices are continuously dumping. Same is the case for holding bitcoins. People hold them when prices are low with hope that soon they will enjoy profit when the prices will reach moon.
legendary
Activity: 1302
Merit: 1037
July 25, 2017, 11:34:53 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?
When I am in panic I become stronger becaus of the adrenaline rash that is why the impossivle things become poasible with me and I can make things that I do not usually do.When I am in panic I fell nervous.
Strange. I do hear some people are performing well under pressure than normal conditions. But this is the first time I do hear that a trader could perform well while he is in panic.
I just want to clear how you will be doing well when you are falling neverous. It would be good if you shared some more information on this.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
July 25, 2017, 11:20:30 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?
When I am in panic I become stronger becaus of the adrenaline rash that is why the impossivle things become poasible with me and I can make things that I do not usually do.When I am in panic I fell nervous.
sr. member
Activity: 2534
Merit: 332
Vave.com - Crypto Casino
July 25, 2017, 09:50:11 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 have learned already from my past mistakes on which i did sell off when i saw there was a dump on the coins did i hold. The only thing comes to my mind is to cut loss and thinking off that the price would go to the bottom but eventually later on the price did rise up again and hitting up above the price did i sell off or even on the price did i bought which really makes me to regret later on.
legendary
Activity: 1638
Merit: 1046
July 25, 2017, 09:48:39 AM
I think panic happens when people don't know what they are investing into or when they risk a capital amount that is beyond what they can actually take a risk with. Many of them get greedy and when market starts to correct fear comes in and then, everyone wants to sell and cash out. Proper discipline is the only way to to counter panic.
maybe yes. if you dont know what coins do you really invested for then you are tend to be panic, but if you trust that coin because you already see the potentials on it then you dont need to be panic, i admit sometimes i get panic too but i always keeps on my mind that panic cannot help the situation it only make a way to not have an enough profit.
This is the not the only that causes the panic i think it is also because they heard some bad news that can think to them that the price of bitcoin will be die soon.. this is one of the reason that people are panic to sell and afraid to be lose their investment..
Whales are always looking for a way just to push the price back to the cheap that can cause of panic sell..
hero member
Activity: 910
Merit: 500
July 25, 2017, 09:38:12 AM
I think panic happens when people don't know what they are investing into or when they risk a capital amount that is beyond what they can actually take a risk with. Many of them get greedy and when market starts to correct fear comes in and then, everyone wants to sell and cash out. Proper discipline is the only way to to counter panic.
maybe yes. if you dont know what coins do you really invested for then you are tend to be panic, but if you trust that coin because you already see the potentials on it then you dont need to be panic, i admit sometimes i get panic too but i always keeps on my mind that panic cannot help the situation it only make a way to not have an enough profit.
full member
Activity: 140
Merit: 100
July 25, 2017, 08:23:41 AM
just turn off your pc, and dont look to charts, thats simple
legendary
Activity: 2240
Merit: 1069
July 24, 2017, 08:12:09 PM
any seasoned trader are already accustomed to that scenario. if you are new to trading, you might experiencence panicking when your trades are going the other way around. but you should be calm. follow your trading strategy and stick to your plan. if you have a sensible trading plan, it will come around eventually and you will profit soon. but if you are trading blindly, then that is mostly when you panic and do stupid things like panic selling.
hero member
Activity: 490
Merit: 500
July 24, 2017, 07:44:14 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?

When prices are crashing, its normal to feel  anxious and start panicking . I would be lying if i'll say i dont. When i start to panic, i breathe, calm myself down, then prepare. I prepare myself for the worst case scenario but i dont just sit and wait for my doom. Most of the time, I hold some and sell some. Most likely, 65% hold 35% sell. But some there are times that i just held tightly to my coins until the price has gone up again. Its better to have sound mind and self control during panic time. Always be prepared of what might happen in this unpreditable world of digital currency.
i am hopeful that we will never experience crash like situation any more. and that is the reason that i am too much confident about bitcoin that although there can be a little fluctuation in the price of bitcoin which ca cause the price increase or decrease a little but we cannot consider it as crash.
sr. member
Activity: 644
Merit: 255
CryptoTalk.Org - Get Paid for every Post!
July 24, 2017, 06:14:27 PM
I'm a beginner in the trading.

Here is my first trading and my other trading experienced.

When I get my first payment from altcoin, I wany to trade it to bitcoin in that day I received my payment. On that time the income that I get is enough for me. And after 3 days I compute the trading income if I trade on that day, it has a big difference. And my next trading is the same because it is emergency, so I need to trade again even I know that I get a small income. And my last trading is the most, all my token was trade it to bitcoin then the price of bitcoin is dumping because of the news regarding the segwit. I hold my bitcoin for more invome but instead of increasing the price goes down and I lost almost 15k. This is my most moment.
sr. member
Activity: 868
Merit: 256
July 24, 2017, 11:32:06 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?

When prices are crashing, its normal to feel  anxious and start panicking . I would be lying if i'll say i dont. When i start to panic, i breathe, calm myself down, then prepare. I prepare myself for the worst case scenario but i dont just sit and wait for my doom. Most of the time, I hold some and sell some. Most likely, 65% hold 35% sell. But some there are times that i just held tightly to my coins until the price has gone up again. Its better to have sound mind and self control during panic time. Always be prepared of what might happen in this unpreditable world of digital currency.
hero member
Activity: 714
Merit: 500
July 24, 2017, 10:37:10 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?
Definitely it will be a critical stage.Most of newbies would get panic at such times and would sell their coins in loss in a hurry.But i will not get panic since i have already researched and found the most under valued coin and have invested in it.So,even if it falls,i know that it would recover soon.So no need of getting panic.
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