Solution to overcome panic - page 5.

arumiedes

newbie

Activity: 24

Merit: 0

Quote from: eduvacation.net on March 28, 2018, 07:34:48 AM

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

You should not panic.
You have believed in bitcoin then you do not have to worry about it.
Before using bitcoin you should already know in detail the shortcomings and excess bitcoin.

caloy06

full member

Activity: 210

Merit: 101

I think, the solution to overcome panic is to be calm and think it if what is the best to do if will have a problem. If you have a problem you do not know if what is the solution because, you panic the best you doing is just be calm,relaxe and think it what is the best solution to your problem. All problem have a solution just think positive and trust yourself.

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

The best solution to overcome panic is knowledge. If you know all the aspects how Bitcoin and the market is functioning it will be much easier. Also some previous experience in trading techniques could help.
The worst thing you can do is to get involved with cryptocurrencies without any knowledge and with some false information. Listening to different so called cryptocurrency gurus and false infomative blogs will not help either.

chrismartin

member

Activity: 340

Merit: 13

Your suggestion you good mate, this idea will help people to overcome panic selling. And in addition, believe in your self, to the team of what coin you have that it will gain high price in the future. Before putting up investment in some coin, make sure you have a lot of research about it because once you did it all ready, you have no emotuon like to panic

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: oxygensignature0 on April 06, 2018, 11:49:33 AM

One thing you can do that every week you may post some of such topics. you will get suggestion as well as merits too Wink

Huh? Seriously? Is that how newbies are trying to get merits these days? In that case I am putting a note in my personal calender not to give merits to newbies making threads about vague questions. Angry

Quote from: brokeroutriggerR on April 07, 2018, 12:23:22 PM

Don't move on your own, be smmart and try to join a crypto group in twiter or telegram. it would help you a lot

No. Dont listen to any twitter or telegram channel for helping in trading. They are full of shills who would drop their skirts and raise their backsides to everyone just to get the investors money into their project. Do your own research before investing in anything.

Quote from: mdripon on April 07, 2018, 03:12:26 PM

Bitcoin is good for long-term investment. but short-term investment is more rewarding. because the price of bitcoin quickly changes and prices fall.therefore, when the price increases, then the cash will be converted and the price will be reduced and the purchases of Bitcoin should be kept more. Thus, profit can be achieved with caution.

With caution? I would say with proper predictions and being able to understand the news and FUD one can place profitable orders.

mdripon

full member

Activity: 308

Merit: 100

Quote from: eduvacation.net on March 28, 2018, 07:34:48 AM

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

Bitcoin is good for long-term investment. but short-term investment is more rewarding. because the price of bitcoin quickly changes and prices fall.therefore, when the price increases, then the cash will be converted and the price will be reduced and the purchases of Bitcoin should be kept more. Thus, profit can be achieved with caution.

FRJ

member

Activity: 280

Merit: 15

The Worlds Most Advanced Distributed Computer

I think joining a community can help to overcome panic.In the community, you will got the oppurtunity to share your thinking and can also know about the otherss.When you will find that not only but also a number of people are in the same position of you,then you will got strength and can be mentally consoled. So,you won't panic anymore.

brokeroutriggerR

newbie

Activity: 53

Merit: 0

Don't move on your own, be smmart and try to join a crypto group in twiter or telegram. it would help you a lot

oxygensignature0

newbie

Activity: 67

Merit: 0

One thing you can do that every week you may post some of such topics. you will get suggestion as well as merits too Wink

eduvacation.net

jr. member

Activity: 96

Merit: 1

Nice Trip With Us

Quote from: hualangktsld841 on April 04, 2018, 01:02:47 PM

I think panic is a kind of emotion. In the encrypted world, panic is common. We all know that the encryption market is always accompanied by a sharp rise and fall. I think the best way of customer service panic is to calm down at once, and leave as much as possible to do something else. Do not join the group or community of encrypted businessmen at this time, because when everyone is more panic, gathering together will make the mood magnify, and I rarely go to the telegraph and twitter when the market plunge.

Very sensible opinion. When we join the crypto community in one of the social media services the risks can be even worse when everyone in the community feels the same panic about the sharply depressed market conditions and joining there is not the right solution to overcome the panic that occurs someone.

dvillier

member

Activity: 238

Merit: 57

The arrangement is to redirect all your vitality to something you can better well take control of. You need to comprehend that once you enter in the realm of cryptos, you truly can't take control of the cash you have contributed; indeed, your exclusive control is the point at which you choose to HOLD or WITHDRAW. Other than that, you have no say on what or how the market will be. What is more terrible is the crypto showcase fundamentally is fluctuating over and past what is anticipated from it. All I need to underline is for you to have a superior comprehension on how crypto's market functions since when that happens, you will know how to manage freeze offering along these lines abstaining from bringing about enormous misfortunes.

voron84-05

newbie

Activity: 196

Merit: 0

I personally recommend in such situations to postpone all trade and just do some useful things.
The whole problem is that due to lack of experience you can lose most of the deposit.
So if you are not a professional trader, it's better to look at the fall from the side.

hualangktsld841

sr. member

Activity: 448

Merit: 250

I think panic is a kind of emotion. In the encrypted world, panic is common. We all know that the encryption market is always accompanied by a sharp rise and fall. I think the best way of customer service panic is to calm down at once, and leave as much as possible to do something else. Do not join the group or community of encrypted businessmen at this time, because when everyone is more panic, gathering together will make the mood magnify, and I rarely go to the telegraph and twitter when the market plunge.

Dudeperfect

hero member

Activity: 1190

Merit: 534

The best possible way to avoid panic decisions is to keep the maximum negligible amount in crypto so that even in the worst market situation, it won't affect the lifestyle routine and thus there won't be any pressure of taking any decision in such situation. I have observed that patience is the most crucial factor when things are moving in the worst direction and most of the impatient investors suffer in such cases. Risk assessment, the right information and in-depth analysis are the keys to keep calm in my opinion.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: BayuMunawar on April 03, 2018, 12:57:38 PM

Take a deep breath to exhale slowly and remain calm

I generally dont agree to posts like this but I would say yes. Calming down the disturbed mind helps a person to focus and think logically their next step. They may want to trade according to the market but get adverse results if they would take stubborn decisions.

Quote from: the rise on April 03, 2018, 10:19:17 PM

start looking for positive information / rumors and join an ever-optimistic trading community with many advantages of altcoin, when bitcoin prices have not found improvement, then we do not need to panic with too many rumors. ignore and start looking at analytics charts on the market because when prices go down-we can still make a profit out of the fluctuations.

But that is technically a type of shill promoting yourself being one of the shills. Not something that I would endorse but if you can manage to make money off it then its good.

Quote from: Ayston on April 04, 2018, 02:33:48 AM

One thing is to have a sit, make coffee and sip, sit back and relax! Bitcoin is about strategy and knowledge not rushed decisions or anything else.

Too much coffee will make you insomniac. A trader needs to take proper sleep to keep their minds fresh.

webdevmastery

full member

Activity: 434

Merit: 100

Quote from: eduvacation.net on March 28, 2018, 07:34:48 AM

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

If you are scared that you will lose your investment just because the price in the market is dumping then try to read positive speculations and different news about cryptocurrency so that it will boost your confidence for holding your coins.

Ayston

newbie

Activity: 203

Merit: 0

One thing is to have a sit, make coffee and sip, sit back and relax! Bitcoin is about strategy and knowledge not rushed decisions or anything else.

Russlenat

hero member

Activity: 2716

Merit: 904

For me I just relax and set back, I know it is just temporary, bitcoin and other top cryptos will rise again, I have faith and trust in bitcoin that its price will not go back to dip.

the rise

sr. member

Activity: 2338

Merit: 273

DGbet.fun - Crypto Sportsbook

start looking for positive information / rumors and join an ever-optimistic trading community with many advantages of altcoin, when bitcoin prices have not found improvement, then we do not need to panic with too many rumors. ignore and start looking at analytics charts on the market because when prices go down-we can still make a profit out of the fluctuations.

ngefek berat

full member

Activity: 504

Merit: 101

To face all these problems I tend to rely on confidence and optimism that in the coming months prices will rise again so that panic can be avoided and anticipate the occurrence of large losses.

Topic: Solution to overcome panic - page 5. (Read 1100 times)