What are you doing when the market is panicking?

[SmartGold01]

It is Bitcoin and other top altcoins that you will hodl, you won't feel panic about the market when it is on the downside because you truly believe that the market will bounce back in a matter of time, it is just about being patient, and trusting the process that you will recover from your losses if you refuse to sell your holdings.q

I believe before anyone goes Into investment they should understand the kind of asset they are investing on so that they wouldn't be that panicking when the market drops or changes in percentage, usually if investing in Bitcoin we should know that Bitcoin is for long term investment couples with its volatility. So someone investing in such coin should be aware of the market manipulation, volatile and sudden drop so they should be able to hold or keeps doing DCA to increase their portfolio.

I think everyone who is in investment will go through a phase where they will panic when the market is not doing well. That is a very natural thing because it is our first experience.

Yes, at least in my case, I also panic and just sold when I was early in the crypto sphere specially in Bitcoin. So I have lost a lot of potential profit but still good experience for me.

Well from there we can learn for the future where when the market is not doing well we have to maintain our own situation so as not to panic and if we are used to it then it will go away by itself, the point here is that experience will teach us a lesson.

And then after we learn not to panic, the next best thing is to really buy and DCA and then HODL. Sometimes it's really good to have this kind of experience to panic so that after that, we learn from it and then not repeating the same mistakes.

You know we learn from our past errors or mistakes maybe I should calls it experience, when we have learned all these it would now position us more better to know how to structure ourselves while making future investments because most of us do not know all these but after we might have gained the experience it would be that possible for us not to panic and sell.

[bitterguy28]

You know we learn from our past errors or mistakes maybe I should calls it experience, when we have learned all these it would now position us more better to know how to structure ourselves while making future investments because most of us do not know all these but after we might have gained the experience it would be that possible for us not to panic and sell.

those who have been in the crypto space for a long time knows better than to panic especially we have seen bitcoin go down but recover as well still there can be some sense of anxiousness since we are still not sure when exactly bitcoin will go down or go up but the key is to remain calm and do not be swayed by your emotions it is easy to panic when bitcoin either is going up or going down when the price is rising, you might feel compelled to sell immediately with too much excitement and if bitcoin is declining you might also want to sell immediately thinking bitcoin is gonna continue to go down and therefore you need to save your money

experience will tell you that bitcoin will always always come back

[libert19]

I am holding, everything I have bought is significantly down from the price I bought them at and I can't get myself to sell at much lower prices.

[SmartGold01]

You know we learn from our past errors or mistakes maybe I should calls it experience, when we have learned all these it would now position us more better to know how to structure ourselves while making future investments because most of us do not know all these but after we might have gained the experience it would be that possible for us not to panic and sell.

those who have been in the crypto space for a long time knows better than to panic especially we have seen bitcoin go down but recover as well still there can be some sense of anxiousness since we are still not sure when exactly bitcoin will go down or go up but the key is to remain calm and do not be swayed by your emotions it is easy to panic when bitcoin either is going up or going down when the price is rising, you might feel compelled to sell immediately with too much excitement and if bitcoin is declining you might also want to sell immediately thinking bitcoin is gonna continue to go down and therefore you need to save your money

experience will tell you that bitcoin will always always come back

This is when they don't understand how Bitcoin are being moved, I mean when investor do not understand the price action of Bitcoin they could be that compelling to push off their holdings or investment just to secure their profits. But those who already know how the market are being manipulated or controlled would never be that triggered to rush to push off their investments rather what they would think is to double their investments, and of course isn't that easy because lot of people are so important in the market and could dumped their holdings just to secure their investments without knowing that could be a very wrong decisions they are taking.

[Mr. Magkaisa]

When the market is down, we should not panic and remain patient, because being patient and waiting is the right way to invest in crypto. because the market will improve again and that is what always happens based on my observations so far.
so you really have to use free funds to invest in crypto

Indeed. Emotional management is very necessary so that we can control all the chaos of our emotions throughout the journey of Bitcoin prices that are dropping or rising. The point is, becoming panic will actually make us lose, because we can be without mature consideration immediately sell our assets quickly when the market drops just because of a correction. or we are carried away by panic buying when there is a hype.

       -     Observe first and while doing this, wait for the signal that we need to buy as long as it is a realistic analysis, do not let the decline go too deep, as long as we see confirmation, we will take action immediately.

One step that should be taken in such a situation is to buy entry when confirmation is shown to us to buy, this is all we should do, those who know what we are doing,
not those who just guess or take risks.

[jeraldskie11]

You know we learn from our past errors or mistakes maybe I should calls it experience, when we have learned all these it would now position us more better to know how to structure ourselves while making future investments because most of us do not know all these but after we might have gained the experience it would be that possible for us not to panic and sell.

those who have been in the crypto space for a long time knows better than to panic especially we have seen bitcoin go down but recover as well still there can be some sense of anxiousness since we are still not sure when exactly bitcoin will go down or go up but the key is to remain calm and do not be swayed by your emotions it is easy to panic when bitcoin either is going up or going down when the price is rising, you might feel compelled to sell immediately with too much excitement and if bitcoin is declining you might also want to sell immediately thinking bitcoin is gonna continue to go down and therefore you need to save your money

experience will tell you that bitcoin will always always come back

I agree with you. Even though we know how important to know that current state of our emotion before we make a trade, we can't always detect it. Sometimes we still controlled by our emotions unnoticed which makes us to trade with low probability. To lessen the chance of too much emotion in trading we should avoid to check the chart from time to time because it can raise unwanted emotion. So after we analyze the market and execute a trade, we should stay away from the chart and let your stop loss and take profit to close the trade.

[SmartGold01]

You know we learn from our past errors or mistakes maybe I should calls it experience, when we have learned all these it would now position us more better to know how to structure ourselves while making future investments because most of us do not know all these but after we might have gained the experience it would be that possible for us not to panic and sell.

those who have been in the crypto space for a long time knows better than to panic especially we have seen bitcoin go down but recover as well still there can be some sense of anxiousness since we are still not sure when exactly bitcoin will go down or go up but the key is to remain calm and do not be swayed by your emotions it is easy to panic when bitcoin either is going up or going down when the price is rising, you might feel compelled to sell immediately with too much excitement and if bitcoin is declining you might also want to sell immediately thinking bitcoin is gonna continue to go down and therefore you need to save your money

experience will tell you that bitcoin will always always come back

I agree with you. Even though we know how important to know that current state of our emotion before we make a trade, we can't always detect it. Sometimes we still controlled by our emotions unnoticed which makes us to trade with low probability. To lessen the chance of too much emotion in trading we should avoid to check the chart from time to time because it can raise unwanted emotion. So after we analyze the market and execute a trade, we should stay away from the chart and let your stop loss and take profit to close the trade.

Of course it's always important to trade with stop lose and take profits, this helps us to regulate how much we can lose while trading especially when we're not actively in the window while trading or maybe decided to go for a short break, this would help to control how you lose money while trading except such person is a greedy trader that wouldn't want to take profits.

[Vx1]

Of course it's always important to trade with stop lose and take profits, this helps us to regulate how much we can lose while trading especially when we're not actively in the window while trading or maybe decided to go for a short break, this would help to control how you lose money while trading except such person is a greedy trader that wouldn't want to take profits.

We as crypto traders should not be greedy, and I think trading anything is the same. Getting a little profit is okay, as long as you don't lose.
So we need to learn the right time to do stop loss and take profit, don't let it be when we make a profit we just keep quiet and when we lose because the price drops we sell.

[Gurujebs]

We as crypto traders should not be greedy, and I think trading anything is the same. Getting a little profit is okay, as long as you don't lose.
So we need to learn the right time to do stop loss and take profit, don't let it be when we make a profit we just keep quiet and when we lose because the price drops we sell.

Greedy can make you money sometimes in trading but this particular one comes as luck for people that are not too expert in trading, they often makes money from trading but as a professional trader, I don't think greedy really exist if you have your aim with your support, resistance and the trend, you can make money when others are scared.

You as a trader can be looat the market that it's over bought or sold but someone who have more information than you do, will be holding until he is done but you that is out might think people are still there because of greed.

[SmartGold01]

Of course it's always important to trade with stop lose and take profits, this helps us to regulate how much we can lose while trading especially when we're not actively in the window while trading or maybe decided to go for a short break, this would help to control how you lose money while trading except such person is a greedy trader that wouldn't want to take profits.

We as crypto traders should not be greedy, and I think trading anything is the same. Getting a little profit is okay, as long as you don't lose.
So we need to learn the right time to do stop loss and take profit, don't let it be when we make a profit we just keep quiet and when we lose because the price drops we sell.

Most traders do target huge profits without them knowing that it could also lead to losing higher amounts especially when they are being carried away they wouldn't know when the market would turn the other way. Trading is simple when if we don't look at higher profits from the market rather coin around every single dollar we make add profits to account.

[Rubel007]

It is Bitcoin and other top altcoins that you will hodl, you won't feel panic about the market when it is on the downside because you truly believe that the market will bounce back in a matter of time, it is just about being patient, and trusting the process that you will recover from your losses if you refuse to sell your holdings.q

I believe before anyone goes Into investment they should understand the kind of asset they are investing on so that they wouldn't be that panicking when the market drops or changes in percentage, usually if investing in Bitcoin we should know that Bitcoin is for long term investment couples with its volatility. So someone investing in such coin should be aware of the market manipulation, volatile and sudden drop so they should be able to hold or keeps doing DCA to increase their portfolio.

I think everyone who is in investment will go through a phase where they will panic when the market is not doing well. That is a very natural thing because it is our first experience.

Yes, at least in my case, I also panic and just sold when I was early in the crypto sphere specially in Bitcoin. So I have lost a lot of potential profit but still good experience for me.

Well from there we can learn for the future where when the market is not doing well we have to maintain our own situation so as not to panic and if we are used to it then it will go away by itself, the point here is that experience will teach us a lesson.

And then after we learn not to panic, the next best thing is to really buy and DCA and then HODL. Sometimes it's really good to have this kind of experience to panic so that after that, we learn from it and then not repeating the same mistakes.

You know we learn from our past errors or mistakes maybe I should calls it experience, when we have learned all these it would now position us more better to know how to structure ourselves while making future investments because most of us do not know all these but after we might have gained the experience it would be that possible for us not to panic and sell.

Investors who have watched the Bitcoin cycle over the past few years can very well guess what they need to do if the market goes into a negative trend. Experience helps investors to stop selling even in bad situations. It is normal for Bitcoin prices to fall after a rapid bullish movement, but those who do not know about it in advance are likely to panic, which can lead to panic selling. In this case, experience can definitely help those investors the most.

[JoyMarsha]

It is Bitcoin and other top altcoins that you will hodl, you won't feel panic about the market when it is on the downside because you truly believe that the market will bounce back in a matter of time, it is just about being patient, and trusting the process that you will recover from your losses if you refuse to sell your holdings.q

I believe before anyone goes Into investment they should understand the kind of asset they are investing on so that they wouldn't be that panicking when the market drops or changes in percentage, usually if investing in Bitcoin we should know that Bitcoin is for long term investment couples with its volatility. So someone investing in such coin should be aware of the market manipulation, volatile and sudden drop so they should be able to hold or keeps doing DCA to increase their portfolio.

I don't think it is everyone who knows about Bitcoin as a long-term investment. The majority are not educated on that, they weren't thought on how to hodl Bitcoin for long by those who introduced them to Bitcoin investment. They began to see Bitcoin as a means for quick gains, nothing more. Their focus and target leans on that to have huge profits.When that is not gotten, they feel frustrated about how they invested in Bitcoin with the intention of making huge money from it within short term

[Blaze]

Most traders do target huge profits without them knowing that it could also lead to losing higher amounts especially when they are being carried away they wouldn't know when the market would turn the other way. Trading is simple when if we don't look at higher profits from the market rather coin around every single dollar we make add profits to account.

I also think that an expectation of a big profit often deprives the trader of common sense when it comes to trading. Sometimes you fancy that you can go on making money in the market and profit continuously without knowing that the trend is likely to change at any time. I consider myself to be a person who believes in impactful regular small changes instead of drastic ones. In this way, you leave yourself space for good sizing and don’t try to obtain a huge profit from one deal. This way, the process of trading works not so much pressure on the mind, and it makes a person gain profits gradually. It holds the view that winning is in this world is not defined by the frequency at which a trader wins big but how well he or she manages to sustain the profits that have been made. Indeed, it could be that when you slow down the rate of play, the tendency is for you to play for a longer time.

[Vx1]

Of course it's always important to trade with stop lose and take profits, this helps us to regulate how much we can lose while trading especially when we're not actively in the window while trading or maybe decided to go for a short break, this would help to control how you lose money while trading except such person is a greedy trader that wouldn't want to take profits.

We as crypto traders should not be greedy, and I think trading anything is the same. Getting a little profit is okay, as long as you don't lose.
So we need to learn the right time to do stop loss and take profit, don't let it be when we make a profit we just keep quiet and when we lose because the price drops we sell.

Most traders do target huge profits without them knowing that it could also lead to losing higher amounts especially when they are being carried away they wouldn't know when the market would turn the other way. Trading is simple when if we don't look at higher profits from the market rather coin around every single dollar we make add profits to account.

Yes, that is not the right way to trade, therefore I strongly discourage it. And if we still often trade like that, then from now on it must be changed immediately, do not be too eager to get big profits so that you let go of moments that we can actually use to collect profits. I believe that if we want to learn, then the greedy nature in trading will gradually disappear.

[enwi]

Yes, that is not the right way to trade, therefore I strongly discourage it. And if we still often trade like that, then from now on it must be changed immediately, do not be too eager to get big profits so that you let go of moments that we can actually use to collect profits. I believe that if we want to learn, then the greedy nature in trading will gradually disappear.

I understand that wanting to make money quickly is one of the main issues most people face when it comes to work trading. I feel that it opens up an opportunity to receive better results whenever you want to train your patience in the correct manner. It is not the speed at which position doubles your money but the ability to trade when the market is like this. If today a man is indulged in a large desire to earn quick money, it does not matter it means he can not transform. With every well thought out decision it’s gradually eradicating that greed and what is left is a sense of serenity that is much helpful within the trading market.