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Topic: Solution to overcome panic - page 11. (Read 1100 times)

newbie
Activity: 140
Merit: 0
March 29, 2018, 04:59:04 AM
#51
We all get scared sometimes. Our hearts race, our breath gets shallow, and our hands and feet turn icy cold--these physical expressions of fear are our normal responses to things that threaten us.

But moments of panic can cause you to experience these feelings with no apparent cause, robbing you of confidence and composure unexpectedly throughout your day. You deserve to be free from these troublesome moments, and the ten easy and effective techniques you'll find in 10 Simple Solutions to Panic make it not only possible but also easy. Learn how to monitor your episodes of panic, and find out how to replace your anxious, racing inner monologue with calm, realistic thinking. Discover safe and comfortable ways to face fearful situations. Breathing exercises, stress reduction techniques round out this approach to overcoming panic that promises to restore your security and peace of mind.
newbie
Activity: 308
Merit: 0
March 29, 2018, 04:53:32 AM
#50
You do not need to keep track of the price every hour or every day, if you believe in crypto currency then you should know in the long term it will grow.
newbie
Activity: 238
Merit: 0
March 29, 2018, 04:53:18 AM
#49
As a newbie, sometimes when looking at the declining bitcoin price chart finds it confusing to decide whether to sell or hold assets. What should we do when under such conditions.

1. Seek information or signal to the next bitcoin price movement
2. Join groups or communities of crypto merchants, or
3. Confident and reinforce the belief that bitcoin prices will recover.

If you have any other suggestions, I would be more pleased. Thank's

best solution is to simply trust your judgement and common sense instead of fud and speculation. Yes the prices can go down anytime, but in long term if the project is used and successful, price will show that
sr. member
Activity: 994
Merit: 257
Best Bitcoin Casino www.coinsaga.com
March 29, 2018, 04:52:16 AM
#48
I think you should make a back up plan so you wouldn't panic about it,
Always plan what you would do if one of your investment fail so that you could recover what you lost.
member
Activity: 532
Merit: 15
March 29, 2018, 04:51:53 AM
#47
I take more primitive way, just buy Bitcoin and forget about them for next few years. I only cash a fraction of what I earn for my services (in Bitcoin) when I need hard cash.
newbie
Activity: 90
Merit: 0
March 29, 2018, 04:49:15 AM
#46

1 only invest what you can afford to lose
2 be patient
3 beaware that some people might be playing you and giving you the wrong advice
4 do your research on what you invest in
5 dont invest everything in one asset
jr. member
Activity: 326
Merit: 1
March 29, 2018, 04:43:17 AM
#45
As a newbie, sometimes when looking at the declining bitcoin price chart finds it confusing to decide whether to sell or hold assets. What should we do when under such conditions.

1. Seek information or signal to the next bitcoin price movement
2. Join groups or communities of crypto merchants, or
3. Confident and reinforce the belief that bitcoin prices will recover.

If you have any other suggestions, I would be more pleased. Thank's
indeed for a beginner usually for example see bitcoin price levels decrease them in panic and sell their bitcoin, but it would be nice if we are patient and keep calm and let our bitcoin until the price will rise again.
legendary
Activity: 1302
Merit: 1027
March 29, 2018, 04:13:53 AM
#44
As a newbie, sometimes when looking at the declining bitcoin price chart finds it confusing to decide whether to sell or hold assets. What should we do when under such conditions.

1. Seek information or signal to the next bitcoin price movement
2. Join groups or communities of crypto merchants, or
3. Confident and reinforce the belief that bitcoin prices will recover.

If you have any other suggestions, I would be more pleased. Thank's

I am confident on bitcoin so i am holding it and in low i am buying more so that on next price increase i should able to gain profit. I am a long term holder so this price fluctuation wont affect me.
full member
Activity: 2324
Merit: 175
March 29, 2018, 04:09:59 AM
#43
I have another view. I prefer a solution for not having panic rather than one for overcoming it.

1)   Do a lot of research about the asset you are going to buy before you buy it and decide to buy it for its fundamentals and long-term perspectives.
2)   Only invest money you can afford to lose.
3)   Diversify.
4)   Don’t have more than 25% of your portfolio in high-risk assets like bitcoin.

Those are basically my points. With those I yawn in markets like the current ones.


I agree on the number two this is very important to avoid further loses in the future, but unfortunately that is not perfect, there is no perfect system, I did a good research on Kucoin this is such a good investment but until now it is not living up to my expectations, but still hoping that I can make profit here.
full member
Activity: 602
Merit: 111
March 29, 2018, 04:06:41 AM
#42
Fix a goal price for selling your cryptos,sell your coins 9nly when it reaches that price so it can helo the people to save from panic and people have to stop avoid checking the orices every five minutes which causes the mist of damage to crypto currency.
member
Activity: 476
Merit: 92
March 29, 2018, 04:05:20 AM
#41
if you are still sitting on big bags this is only your fault. You should be selling at ATH or just after when there were hundreds of signals that we will soon enter a bear market and heavy price correction starts. If you cashed out then you search calmly for a super entry point and that is correct behavior.

If you haven't sold at ATH then there is no other option for you as HODL and pray that bulls finally take over the market because you already lose 70% of your money and this is no time for sell only to look for the good entry point.

Buy low, sell high that's it.
full member
Activity: 246
Merit: 100
March 29, 2018, 04:03:48 AM
#40
Things are going down because the rich are selling.They want to expose other weak hands so they can buy back even lower, in higher quantity.This shit is gonna pop off,just hold.I just hate holding and seeing NEO go up more when I want more NEO,but I am not trying to trade other coins of value for 6/7 bucks. When they will be 30/40 in a few months.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
March 29, 2018, 04:03:41 AM
#39
there really isn't some magical solution to overcome panic and in fact panic is a healthy thing. for example when market is acting weird it is not such a bad thing to panic a little but the thing you need to overcome is the idiotic decision that one may make after that panic filled them up.
and it will be easy to do it if everyone just took a moment to rethink what they are doing and why.
full member
Activity: 448
Merit: 100
Diagon
March 29, 2018, 03:59:50 AM
#38
If you bought Bitcoin as an investment. You understand at what price you want to sell it. Well then, just wait until the price is right for you.
sr. member
Activity: 630
Merit: 251
March 29, 2018, 03:54:47 AM
#37
As a newbie, sometimes when looking at the declining bitcoin price chart finds it confusing to decide whether to sell or hold assets. What should we do when under such conditions.

1. Seek information or signal to the next bitcoin price movement
2. Join groups or communities of crypto merchants, or
3. Confident and reinforce the belief that bitcoin prices will recover.

If you have any other suggestions, I would be more pleased. Thank's
The number 3 that you have written is the most difficult thing to do for most people. People are just so naturally impatient when it comes to money and we all know it. I also do not think that crypto merchants will be a good help because what is even the reason for doing this? In my case, I always assume that when bitcoin is down, it will be down for a couple of months so that I can plan ahead.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
March 29, 2018, 03:35:16 AM
#36
Never invest more than you can afford to lose which can save us from getting panic while investing on the crypto currencies.And it is not advisable to join on telegram groups which do more harms than the positiveness.So do your own research to make invest on the crypto currencies.
newbie
Activity: 24
Merit: 0
March 29, 2018, 03:29:29 AM
#35
It is better to keep the BTC. because Romany investors are treated on BTC. so i think in future the bit coin price will increase.
full member
Activity: 323
Merit: 100
March 29, 2018, 03:29:00 AM
#34
As a newbie, sometimes when looking at the declining bitcoin price chart finds it confusing to decide whether to sell or hold assets. What should we do when under such conditions.

1. Seek information or signal to the next bitcoin price movement
2. Join groups or communities of crypto merchants, or
3. Confident and reinforce the belief that bitcoin prices will recover.

If you have any other suggestions, I would be more pleased. Thank's

Well the best thing you should do to avoid panicking is to have a plan, a plan that may save you in any different conditions that you know that may happen in bitcoin world specially when it comes in bitcoin price changes.
legendary
Activity: 2604
Merit: 1036
March 29, 2018, 03:23:49 AM
#33
Well I am gonna use the famous gambling cliche bet only what you can afford to lose and slightly change it into only invest what you can afford to lose. With Bitcoin, you simply never know. People who bought in at $15k would be panic selling at $7500 and that's a perfectly normal reaction if they, for example, got loans or sold properties to pony up the cash for the 'get-rich-quick' Bitcoin dream. I for one will be keeping an eye on the price and try to pick up some cheap coins before the roller coaster launches skyward again and hope for a nice chunk of profit. Only time will tell haha.

So in a nutshell:

Only invest what you can afford to lose
Buy low sell high
Hold your stash long-term

Cheers Wink
newbie
Activity: 224
Merit: 0
March 29, 2018, 03:19:12 AM
#32
As a newbie, sometimes when looking at the declining bitcoin price chart finds it confusing to decide whether to sell or hold assets. What should we do when under such conditions.

1. Seek information or signal to the next bitcoin price movement
2. Join groups or communities of crypto merchants, or
3. Confident and reinforce the belief that bitcoin prices will recover.

If you have any other suggestions, I would be more pleased. Thank's

i dont know about you i dont keep my bitcoin on exchange i store it in my luno wallet so weneva i notice the deep coming i convert my bitcoin to fiat on luno wallet just for the deep to pass by then i sell fiat for bitcoin again
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