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Topic: Why I do not panic when the market falls - page 48. (Read 3340 times)

member
Activity: 476
Merit: 10
I also do not panic when crypto falling because my purpose to invest crypto for long  term,  i believe  in next 1 or 2 years crypto market will boom and the market cap possible to reach more than 1 Billion dollar. Crypto market just started in 2011 and tis is too young market compared stock market,  so possible for crypto market keep growth.
sr. member
Activity: 616
Merit: 253
Open and Transparent Science Powered By Blockchain
Before i started, i have prepared myself and set my mind that anything could possibly happen in crypto either win or lose, so i don’t want to get panic when market shakes and fall. But my main reason is, i really trust my instinct that money market will always stand firm till the end even fluctuation strikes. The ups  and downs are always present.

you are right, before you enter the world of crypto currency you need to prepare yourself morally to be ready for any market movement. Panic does not help, it will only push you  to wrong actions.
full member
Activity: 404
Merit: 105
Even market is not in a good moment you are still holding. This is really good you are certain that market will going up again. However, i am with you I am still holding because I still believe it can recover.
newbie
Activity: 252
Merit: 0
Well that’s how it usually works. When the market goes down - it gets up very fast. So there’s no need for immediate panic
newbie
Activity: 68
Merit: 0
I think it's because you are optimistic about this market. Although the current market is still falling, but I believe the market will pick up again, so you won't panic, and may still fall into the trough and buy more encryption. currency.
newbie
Activity: 112
Merit: 0
For some reason I am sure that the price of the crypto will rise, so I hold it, I did not see any analyst who did not have the same opinion as I do, but thing that motivates me the most — is when I start comparing the whole current situation with the Dot-com bubble, the fact is that this bubble busted reaching 6 trillion dollars, the crypto reached only 830 billion yet, in its peak. During Dot-com bubble only middle and rich class had opportunity to invest but not all, in the crypto everybody can invest, regardless of country and day time and it also can be done anonymously from jour home computer, so I think that this is all just the beginning and the real bubble is yet to come, it is not known when it will come — in five or 10 years, but I hope that it will.
Great thoughts.
I also invest for a long term.
Last investment - Welltrado.
newbie
Activity: 210
Merit: 0
I think if panic for us also exist, but we are not afraid that bitcoin prices are now low because for us we better keep the next few months waiting for higher prices. I think that's the best way to face the market, do not panic, calm down and find entertainment for yourself.

newbie
Activity: 140
Merit: 0
The dotcom bubble occurred in the late 1990s,that is about 28 years ago. I believe that a day will come when the crypro market cap is going to hit to the value of 6 trillion usd.  at same same time I fear  the crypto market cap will fail achieve such height of values..
member
Activity: 322
Merit: 12
Before i started, i have prepared myself and set my mind that anything could possibly happen in crypto either win or lose, so i don’t want to get panic when market shakes and fall. But my main reason is, i really trust my instinct that money market will always stand firm till the end even fluctuation strikes. The ups  and downs are always present.
newbie
Activity: 154
Merit: 0
in my opinion, you have good targets and analysis on the coins you hold, I'm sure people like you also have emotional control. For traders should be able to control emotions well and stay calm when the market falls because if panic then it will only make they lose. so all you have to do is just but patience.

sr. member
Activity: 938
Merit: 251
Panic emotion is normal response to dwindling fortune or rekt portfolio! Market usually  spin suprises for all of us, when you have done your calculations and you think the market will rise, then the price fall and it affect all of your plan and all! The more you play in cryptocurrency market, the more your instinct for panic goes down!
newbie
Activity: 26
Merit: 0
You can resist panic only in that case if you understand what you are doing and have a strategy instead of chaos in your head.
1btc will always remain 1btc no matter how much it cost in $. This is only the matter of time when it will get higher
member
Activity: 749
Merit: 13
I think because you have the target and good analysis in the coins that you hold,I am sure people like you also have control of emotions,for the layman very easy to get carried away when market conditions are very bad but not for those who already have a plan and target that is already in think very mature because up and down the price was already very reasonable
full member
Activity: 602
Merit: 101
yeah, for a trader it should be able to control emotions well and stay calm when the market falls because if the panic then it will only make them lose, so better to be calm and patient
newbie
Activity: 140
Merit: 0
Yes i believe so it will. The market has been pulled back many tkmes before but it still manage to recover. I'm not gonna be surprised if people sell during these times. It is scary indeed especially for the newbies but for us who has been in the crypto world long enough, we understand these fluctuations amd we see this as opportunities instead of fearing for the next move.

Well,stock market always like that going ups and downs, I think you should not panic although it is normal to be concern. Otherwise the best thing to do is keep monitoring  the situation also try to hold your investment to hit in a fair value before selling it.
newbie
Activity: 12
Merit: 0
Yeah, I agree, just relax and hold. At the end, there is nothing else we can do at this price Sad
P/s: advice from a guy that lost 90% due to ICO Sad
member
Activity: 504
Merit: 10
umachit.fund
Crypto currency markets are always very active. The series of declines may be sometime, but at the end of the day the crypto currency will be strengthened.

full member
Activity: 686
Merit: 102
Crypto currency is the most sensitive marketplace in this world. We don't know when market fall or up. At this moment we can see market is not going very well. Panic is not proper word for trading. So stay way frm it.
newbie
Activity: 108
Merit: 0
If you're not panicking, you're a good investor, and we need to take a long view of the development of encryption. Behind today lies tomorrow's future, which will bring a nest of growth and identity.
full member
Activity: 1106
Merit: 150
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Yeah thats the way to secure our investment into the crypto currency world. Just imagine, when you put your money in the banks accounts then you get X % over it as bank use it, but if you take out the money from your fixed deposit then it could happen that they will fine you more % for breaking it middle way! So its like out money and still we pay the fine.
If we are smart enough to create such deposits then why cant we take step forward and invest our money into the crypto currency and put them on hold for some time! We can literally grab 2x more % interest on our holding in the crypto currencies if we make smart moves patiently. So always HODL!
Easier said than done and you are forgetting that HODLING does not guarantee profits in the short term or the long term. Personally, I am a HODLER myself who prefers HODLING over any other strategy which has helped me successfully on many occasions till now, but I do realize that this is not a risk free strategy which is why you need to do your research since there is no guaranteed profit in this volatile crypto market.
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