Usually one does panic when you are not confident in trading and when you are not familiar with how trading works, so if a little dump with the coins you have on hold would tend to make you feel scared and then when panic strikes you eventually sell them because you feel like you might loose a lot if your coins go down with the dumping of the coins. I was like that at first but I learned my lesson and have self control now.
Starting in trading, everyone will get panic if any small price drop occurs in coins. But after some time people will learn how the market will work in real time. Once they become a pro in trading, then no one will get panic if any small price drops occur. Beginning I was also like this, but now I learned how to handle the situation when the price is suddenly dropped. 
Topic: How do you Panic? - page 62. (Read 39843 times)
Usually one does panic when you are not confident in trading and when you are not familiar with how trading works, so if a little dump with the coins you have on hold would tend to make you feel scared and then when panic strikes you eventually sell them because you feel like you might loose a lot if your coins go down with the dumping of the coins. I was like that at first but I learned my lesson and have self control now.
I don't panic, I try to avoid these situation and keep the cool head. I don't make quick and emotional decisions so I'm fully aware of risk I'm taking. Besides panic can't change anything and can't make things better only worse. So be prepared to risk you are taking, be aware of consequences and make sure you can handle them. So there is no room for panic.
Good for you, though I think panic is normal especially for people who's just starting with trading. Trading is something that deals with people's money so panicking when you see your money slowly declining in amount is a natural reaction. As you gain experience the longer you trade, you'll learn to put in check your panic reaction so just relax and don't be afraid to make mistakes and learn from them
I don't panic, I try to avoid these situation and keep the cool head. I don't make quick and emotional decisions so I'm fully aware of risk I'm taking. Besides panic can't change anything and can't make things better only worse. So be prepared to risk you are taking, be aware of consequences and make sure you can handle them. So there is no room for panic.
I believe in my portfolios, That's the usefulness of your analyzation. With your analysis and you will be able to take the best decision to do a long-term hodl for your portfolio.
Or if you are feeling panic and sell all your coin at the dump time and that means if you're just following the hype and never try to do a research with the potential of its project.
That's obviously true.
Or if you are feeling panic and sell all your coin at the dump time and that means if you're just following the hype and never try to do a research with the potential of its project.
That's obviously true.
I don't panic anymore, I'm buying the dip.
My portfolio value fluctuates quite a few thousand sometimes, it doesn't makes me anxious anymore, what goes down must go up.
My portfolio value fluctuates quite a few thousand sometimes, it doesn't makes me anxious anymore, what goes down must go up.
Panic sell really makes me annoyed, where we always cornered in two choices
-Select a sale but loss
-select hold but do not know when it will rise again
First, the first choice I always do
But now ,, better I save it even with high risk .. ,, coin die and become garbage
-Select a sale but loss
-select hold but do not know when it will rise again
First, the first choice I always do
But now ,, better I save it even with high risk .. ,, coin die and become garbage
To be honest, I'm already sick of the panic in other users. I understand that everyone wants to make money and does not lose a drop, but you still need to firmly believe in what will happen in the future. If the forecasts are positive, then it will be so.
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?
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?
Sudden price drop always led me to panic selling. faint heart and being afraid of losing too much. same goes with sudden price pump im too quick with the sell button.. i always believe that profit is profit no matter how small or big
What makes you panic and how do you react to it?
There were times, I traded some loaned money which made me panic on seeing falling prices now I am not making same mistakes as now a days I trade only with my small capital which could be considered at affordable levels even in losing them. When affordable capital alone at risk of losing along with falling prices, I am honestly able to keep my coolness. I guess this is must be a right way of trading like no interference from emotions. 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?
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 don't. I can never imagine myself being so panicky about things that I can never control like the cryptocurrency market. The price goes down? Okay. I don't need money anyway. It will hurt you and your bitcoin wallet a lot if you don't save up enough fiat money to live for a month without converting your bitcoins at all. Sure you can cash out anytime you want but you have to wait for the right time so you get the best out of it.
I currently have Lunyr tokens because I participated in their signature campaign. The price of the coin always goes down after achieving a high price for not so long. I don't really care at all. I just think that everything is normal. The price will always go up and down. There will be times when the price spikes up and down as well. You shouldn't be so shocked about it. The only time that I might panic is when the price has gone down and when I check their thread, the devs have already run away. That means sure loss to me and that's irritating.
I do not panic. Panicking is for newbie traders. What you do when your position is being dumped? take a break and come back later. That will prevent you from doing unrational action against your position. If you are just holding, hodl more. If you are shorting, use stop loss button.
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?
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?
let me introduce you to a nice little feature called stop loss.
you set a number which is usually the percentage that you are willing to lose and then when that number is reached your coins will be automatically sold.
some trading platforms already offer this feature and for others you can always use a bot or even manually at worse case laziness scenario.
it needs a clear plan and a good discipline to perform this strategy though.
of course it is always best to have a good timing. for example when you see there is a bull market and prices are rising (or better if you can figure it out before it starts) you buy and enjoy the ride and when the dumps come you just simply stay away.
and this is not as hard as you may think either.
and as always i will continue t HODL bitcoin no matter what. because i have invested as much as i can afford to lose and i am so far in profit that i no longer care
The amount of panic that I might experience is usually in proportion to the amount of risk that I'm taking. Trading with $200 isn't going to make me as nervous as trading with $10,000. I wouldn't call it panic though. It's more like an adrenaline rush 
I never panic when I see the price move either way, if you panic during such times, I would definitely reconsider being a trader in the first place.
You just have a make a calculated desicion zhether you buy or sell and you should think of that before the price changes.
Even if the price dropped back to $1000, I'd still be very happy, I probably would have sold in time and that gives me the chance to buy Bitcoin really cheap.
You just have a make a calculated desicion zhether you buy or sell and you should think of that before the price changes.
Even if the price dropped back to $1000, I'd still be very happy, I probably would have sold in time and that gives me the chance to buy Bitcoin really cheap.
my trading strategy not all in my money to buy one coin in one price
ussualy the first iam buy use 10% my capital money, if down price, i use averaging or marti strategy
ussualy the first iam buy use 10% my capital money, if down price, i use averaging or marti strategy
Panicking when you reach around 800% profit, then it goes to 650%, then 700%, and you sell at 600% when you see it reach 500% afterwhile and take a break before investing back again when you see a calmer market.
This didn't happened to me ever!!! I'm in panic when the price goes down -50% and all this happens when you wake up in the morning.
Currently there are many losses in the crypto trading because all coin are on "red", investing now is a good idea but my bitcoins are now stucked in some coins which I should get rid of them asap when the price gets up ahain.
I think that those people who chose their way into the crypto currency were initially prepared for greater risks. So sooner or later, only morally strong people remain with us. I rarely panic. I'm just sometimes upset
I don't panic really. When an altcoin I hold drops I know it will recover eventually because I always analyze my investment before investing in the first place. I think I will consider panicking once the internet shuts off for some reason.
This is a good thought process for when you make a good trade and it starts to get dumped on. I wrote about a similar experience I had back in February, where I doubled down multiple times and ended up coming away with a very large profit: http://www.demoinvestor.com/articles/00000000
That being said, in this situation it is foolish. You do not know that an alt coin is going to recover because your research on the investment bears nothing on the likelihood that its price reaches what you determined to be its value. The alt coin market is incredibly inefficient, to the point that trading them is 100% gambling. Trying to make money on an alt coin trade is luck based and no amount of research will change that. Your odds are just as good at a casino, maybe even better.
Panicking when you reach around 800% profit, then it goes to 650%, then 700%, and you sell at 600% when you see it reach 500% afterwhile and take a break before investing back again when you see a calmer market.
This didn't happened to me ever!!! I'm in panic when the price goes down -50% and all this happens when you wake up in the morning.
Currently there are many losses in the crypto trading because all coin are on "red", investing now is a good idea but my bitcoins are now stucked in some coins which I should get rid of them asap when the price gets up ahain.
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 you need know when time is panic and when time is bearish all market! You can see in June, all value of altcoins just breakdown although the price BTC up or down. If you use analysic chart, you will know a trend down altcoin starting in begin June and maybe end in end July or begin August. This is reason need go out altcoins now! 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?
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