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Topic: How do you Panic? - page 63. (Read 39843 times)

sr. member
Activity: 406
Merit: 263
June 28, 2017, 04:34:40 AM
#12
When you are new to trading you panic more. But the more you have experience the more you stay calm. when you see same movement (ups and downs) in the past million times again and again the more you can stay calm.

For me panicking is mostly about experience.
sr. member
Activity: 784
Merit: 282
June 28, 2017, 04:25:16 AM
#11
As long as you invest in blue chip stocks ("coins"), you shouldn't worry so much. BTC, ETH and LTC are pretty much big coins and have lots of upside potential. Time has shown that everything eventually went up.
full member
Activity: 168
Merit: 100
June 28, 2017, 04:14:47 AM
#10
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 panic every time the prices fall by more than 20% but then I just stop checking for a day or 2 and see where its at afterwards. I know how hard it is to remain a HODLer in bad times but I also know if I sell I will regret it later.
hero member
Activity: 3010
Merit: 794
June 28, 2017, 04:10:36 AM
#9
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?
Feeling of worry cant really be removed into a person since we dont really like to see our money are gradually going on negative side and we do really panic specially when we are still noobs and doesnt have too much idea on doing tradings we will surely cut loses on earlier periods which causes for us to lose money and i did this thing back in the past when im in panic mode.
sr. member
Activity: 532
Merit: 250
BTC. ETC. EOS
June 28, 2017, 03:44:31 AM
#8
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 am long on my investments and they are essentially my retirement funds. I still got a lot of years left to retire so I don't panic much about the corrections that happen. The secret to succeed in crypto is to hold on to projects that you believe in. And don't buy into shitty projects in the first place. This way, you panic less when tokens correct.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
June 28, 2017, 03:34:50 AM
#7
Before when i was quite new with trading, panicking would make me sell coins at much lower price that my entry point. I've lost quite a lot with that thinking. Good thing is that lessons have been learned and i never sell now at least without breaking even. Even if i have to hold for a long time and just close my eyes for the dump, i make it a point never to sell below entry point.
legendary
Activity: 2436
Merit: 1189
Need Campaign Manager?PM on telegram @sujonali1819
June 28, 2017, 03:27:53 AM
#6
when i was a newvie in btc tradding i afraid all time when coin dump. but now a days i dont panic.
hero member
Activity: 3080
Merit: 603
June 28, 2017, 02:28:15 AM
#5
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?

Before that I was panicking, I usually sell all the collected bitcoins I've got. As my way of thinking is very negative, I really don't think that holding will be a good thing so that's what I do. And as the time goes by when the price of bitcoin is increasing, I'm computing on how much I did lost and regret it.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
June 28, 2017, 02:20:21 AM
#4
I have been away from these panic situations, because the funds I hold in terms of bitcoin is very low compared to the people who has been holding big volume. Even when I invest big I won't be panicking, because I know about its nature as well have faith that it retains. So with trust I have been holding the small funds as an long term investment.
sr. member
Activity: 711
Merit: 250
June 28, 2017, 02:15:38 AM
#3
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.
sr. member
Activity: 336
Merit: 252
June 28, 2017, 02:11:58 AM
#2
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.
hero member
Activity: 714
Merit: 500
June 28, 2017, 02:07:18 AM
#1
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?
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