How do you Panic? - page 55. | Bitcointalksearch.org

Babayega31

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Quote from: Viyamore on July 20, 2017, 10:49:42 PM

Quote from: racasanuk on July 20, 2017, 10:23:52 PM

How do I panic?
well slowly at first then suddenly

Trading crypto coins is a very fast-moving market and there are just going to be days when you have to move fast, so is that really panic?

The OP wants to know what you do with that situation .A fast moving market of crypto is normal and there is always a panic creatwed there in panic buying and selling especially in the newbies . I the way you reply i think you're a pro trader in handling those occurance.

Not only the newbie guys who's been panic for past weeks new since their are actually long time guys who's been alerted for the split thats why we can see those big downfall happen for that time, But for seeing the price today I can say that the trust of big whales for bitcoins has regain back that's why we see the price is almost reaching for 3k $ as of todays report.

Dhimas Kanjeng

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If we switch to altcoin certainly there is a risk we lose, when I panicked is when the hard fork issue that last week stronger. But I'm glad the bitcoin prices are back to normal and the panic has disappeared.

Viyamore

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Quote from: racasanuk on July 20, 2017, 10:23:52 PM

How do I panic?
well slowly at first then suddenly

Trading crypto coins is a very fast-moving market and there are just going to be days when you have to move fast, so is that really panic?

The OP wants to know what you do with that situation .A fast moving market of crypto is normal and there is always a panic creatwed there in panic buying and selling especially in the newbies . I the way you reply i think you're a pro trader in handling those occurance.

noictib

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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?

This is usual thing for anyone doing trading because most of the people are normal in the prediction and no one have the surity that how much his prediction will go right .
Here I myself when made bad descion to bad wrong coin then I instead to worrying and doing nothing , I bought that coin more at low rate because if I will buy them at low rate then my total investment will have the value about average of the bought earlier and today at low price , so in this way with the samll increase in the price I can recover my loss easily .
But sometimes the coins get dead , so I just hold in the wallet instead to think more and to worry, because in that case we can't do nothing .

racasanuk

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How do I panic?
well slowly at first then suddenly

Trading crypto coins is a very fast-moving market and there are just going to be days when you have to move fast, so is that really panic?

piloder

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Quote from: IamHigh on July 20, 2017, 02:46:11 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.

If you are newbie in crypto trading than it will be wise decision to not do margin trading with leverage because if you can't predict the market move accurately than there is no point on doing trading with leverage. You will actually loss due to fees even if market doesn't move for days. And flash crashes on the prices are usual in crypto trading this can easily make you go bankrupt if you have open margin orders without any stop/loss limits.

IamHigh

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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.

DuaLipa

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Quote from: Simss on July 14, 2017, 08:56:10 AM

At the beginning of my trading I always feel paanik because I only have a little capital, but now I have been a little relaxed and throw away the panic it far away.

Openning a position and closing the same position are the most exciting parts of trading and it's very normal to cause excitement in your body. I panic just before I open the position.

Casabrandy

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Quote from: Kevin77 on July 15, 2017, 03:11:25 AM

Quote from: CyberKuro on July 14, 2017, 09:52:50 PM

Bitcoin trading is far safer than altcoins trading imo, but altcoins trading could be more profitable than bitcoin trading due to pump and dump than might be happen significant in short time. So, I'm not so worry to see bitcoin prices decline but more cautious when its price rise like bull run whether I will sell or not, nor when the right time to sell. On the other side, altcoins trading will make panic when its prices decline as we know some coins won't recover for a long - long time, except for some famous altcoins.

Honestly I am to not getting panic when trading bitcoins but at the same time when trading altcoins my emotions are staying at different levels.

Not panicking and being cool are only possible when we are having confident with our trading plans. When we will be having more confident about hitting targets then definitely we can keep our emotions within our control. Only at those times, sudden fluctuations will be happening we might be failing to control our emotions and getting massive panic. This type of fluctuations are most common with all altcoins.

That's normal especially if we wanting really to earn in trading but sometimes using our emotions can make us regret in our decision made since we being panicked we might not think well that someday somehow its value will pump too like it did before.

Kevin77

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Quote from: CyberKuro on July 14, 2017, 09:52:50 PM

Bitcoin trading is far safer than altcoins trading imo, but altcoins trading could be more profitable than bitcoin trading due to pump and dump than might be happen significant in short time. So, I'm not so worry to see bitcoin prices decline but more cautious when its price rise like bull run whether I will sell or not, nor when the right time to sell. On the other side, altcoins trading will make panic when its prices decline as we know some coins won't recover for a long - long time, except for some famous altcoins.

Honestly I am to not getting panic when trading bitcoins but at the same time when trading altcoins my emotions are staying at different levels.

Not panicking and being cool are only possible when we are having confident with our trading plans. When we will be having more confident about hitting targets then definitely we can keep our emotions within our control. Only at those times, sudden fluctuations will be happening we might be failing to control our emotions and getting massive panic. This type of fluctuations are most common with all altcoins.

CyberKuro

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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?

Bitcoin trading is far safer than altcoins trading imo, but altcoins trading could be more profitable than bitcoin trading due to pump and dump than might be happen significant in short time. So, I'm not so worry to see bitcoin prices decline but more cautious when its price rise like bull run whether I will sell or not, nor when the right time to sell. On the other side, altcoins trading will make panic when its prices decline as we know some coins won't recover for a long - long time, except for some famous altcoins.

dimonstration

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Dimon69

Quote from: jems on July 14, 2017, 07:23:33 PM

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?

When i am in that situation i just hold no matter what i becomebag holder or not i just hope to pump it back i will never sell in lose unless i see a move for me to sell and do cutloss buy again that coin incheap price. If you will be triggered by a dump you will lose only be calm and think before you take action.

Making decision while on that situation will truly make you panic. All of us can feel that but the only way you can do is stay calm and think the positive and negative scenario.. So the right thing to do ia to hold your coin.

ilovefeetsmell

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Quote from: umbara ardian on July 08, 2017, 02:20:52 AM

Do not panic and I never panicked about it. If the altcoin I hold starts to decrease. I am always sure and know it will recover. Because before investing in the coin. It's good to do the analysis first. And I think there is no reason to panic.

An announcement of August 1? Don't be panic about the split of Bitcoin. They say Bitcoin drop its price into expected lower price. If you hold a lot of bitcoins, it is a regret for you of holding your Bitcoin for a long time. Some enthusiasts say Bitcoin will get the price 10000 USD so I believe with them, they have enough experience in the crypto world.

jems

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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?

When i am in that situation i just hold no matter what i becomebag holder or not i just hope to pump it back i will never sell in lose unless i see a move for me to sell and do cutloss buy again that coin incheap price. If you will be triggered by a dump you will lose only be calm and think before you take action.

stergium

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Quote from: bitcoinmasterlord on July 14, 2017, 12:23:32 PM

Quote from: bitllionaire on July 12, 2017, 06:34:59 PM

Quote from: Logik on July 11, 2017, 10:37:28 PM

I easily get panic when I start seeing that price has started to go down then my initial purchase and many times I have sold my coins at a wrong time at lower price and after that it suddenly start pumping up but now I have learned not to get panic and hold coins for a long time.

i personally do not take panic in fact i have invested my money for long term and therefore i never feel the need for panic. to me i always think that bitcoin price hs a good potential and hope that it will continue increasing very soon.

First time when we start trading the price is suddenly going down means everyone will get panic. I also become panic and sold my coins. But once they get experience in this field then they will not get panic like us. We all did panic sell before, but now we all have control of our feelings, and we know this is common in trading, so we are not doing the same mistake again.

yes in very beginning would come in panic very soon but now they have become too much mature now they do not come in panic so soon. i think still a lot of investors are there who are holding their bitcoin and have decided not to sell their bitcoin. such people are really givng good support to bitcoin and i am sure that such people will start make price of bitcoin bring back to its track.

bitcoinmasterlord

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Quote from: bitllionaire on July 12, 2017, 06:34:59 PM

Quote from: Logik on July 11, 2017, 10:37:28 PM

I easily get panic when I start seeing that price has started to go down then my initial purchase and many times I have sold my coins at a wrong time at lower price and after that it suddenly start pumping up but now I have learned not to get panic and hold coins for a long time.

i personally do not take panic in fact i have invested my money for long term and therefore i never feel the need for panic. to me i always think that bitcoin price hs a good potential and hope that it will continue increasing very soon.

First time when we start trading the price is suddenly going down means everyone will get panic. I also become panic and sold my coins. But once they get experience in this field then they will not get panic like us. We all did panic sell before, but now we all have control of our feelings, and we know this is common in trading, so we are not doing the same mistake again.

Simss

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At the beginning of my trading I always feel paanik because I only have a little capital, but now I have been a little relaxed and throw away the panic it far away.

Leickens

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Sincerely, Man reach a stage of event in life that fear come across his heart, especially what has to associate with money. Firstly, calculating the numbers of time dedicated to gather satoshi and heading to become BTC, and seems some drama is around to happen to BTC, sound of digger must sound out of one's heart o. Secondly, when all hope has been put over a thing and seems the is about to become dashed, panic will talk saying "I'm here o"

bitllionaire

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Quote from: Logik on July 11, 2017, 10:37:28 PM

I easily get panic when I start seeing that price has started to go down then my initial purchase and many times I have sold my coins at a wrong time at lower price and after that it suddenly start pumping up but now I have learned not to get panic and hold coins for a long time.

i personally do not take panic in fact i have invested my money for long term and therefore i never feel the need for panic. to me i always think that bitcoin price hs a good potential and hope that it will continue increasing very soon.

Oralmat

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Yeah, I feel panic, if i talk about bitcoin price down and up then sure i feel panic. Now the start of 2017 was very well for bitcoin price but now i am worried about 1st August is coming, and now in this month bitcoin price slowing slowing come back, it give me panic feeling. Because i have hold my bitcoins and i hear after 1st August bitcoin price will be more down. So it is sad news for me.

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