What are you doing when the market is panicking?

[milewilda]

In the case of investing in Bitcoin, if you do not have the ability to hold the investment for a long time, then it is better to consider the appropriate time and sell it. I think that only those who have sufficient funds and resources to hold it for a long time can get expected profits from Bitcoin. In the case of accumulating Bitcoin, it may not be easy for everyone to accumulate a large amount of Bitcoin at once, but if someone wants to DCA in Bitcoin, it will be easier for him to hold Bitcoin for the long term.

You are quite correct in your observations about the difficulties of acquiring a big amount of bitcoins, in case you have little money. But that is the point when DCA can become really useful. The principle of buying just a little by little is beneficial since it makes you be consistent and does not have to be worrying what the best time to buy is. It is not every person who can bear the raw feeling when prices are changing in an unprecedented way, in case of big amount of invested money. This is where the mentality part is put to more scrutiny than the technical issues. I would say the primary and most critical aspect is seldom determined by the ability to achieve so many but rather by its confidence and composure with the adopted scheme. All strategies could be checked by time, but as for oneself, do not yield to anger and remain on your line.

Those who do not have much money and can afford to invest a large amount of money in Bitcoin at once, but if they are positive about Bitcoin, then they constantly try to buy and save Bitcoin slowly. And then their DCA is automatically followed and they can always buy Bitcoin at a good price on average. It is a very good decision to invest in Bitcoin, not just Bitcoin, but in any place, instead of investing in a large amount at once, it is a very good decision to invest in a few steps. In this way, you can always be in harmony with the market.

If you are that wanting to invest with Bitcoin but having not that much money on one bulk purchase then you can always have the option when it comes on having that DCA. It all matters on how you do find yourself taking up some actions when it comes to investing into it. Although always put up into your mind that you should be investing into the amount that you can afford to lose as always and never ever make yourself having that all in thing or putting up your life savings or emergency funds through it. When the market is panicking then for those who do have experience and awareness on how this market works do knows that this is the perfect time for you to accumulate or making up some dca.

[rby]

Whenever there's a panic in the crypto market, I usually find it as the perfect time to invest more in Bitcoin using the DCA strategy. In majority of the times I've opted to invest more, I end up getting more profits when the market is stabilized. Bitcoin's less volatility when compared to other coins makes it an easy option for me to invest on whenever there's panic in the market. Panicking in the market sometimes are influenced by big investors which results to FUD among many marketers and in most times, the inexperienced sells off their coins at cheaper prices. Whenever there's panic in the market, make sure you're making the best out of it by investing in Bitcoin.

[kulkhan]

In the case of investing in Bitcoin, if you do not have the ability to hold the investment for a long time, then it is better to consider the appropriate time and sell it. I think that only those who have sufficient funds and resources to hold it for a long time can get expected profits from Bitcoin. In the case of accumulating Bitcoin, it may not be easy for everyone to accumulate a large amount of Bitcoin at once, but if someone wants to DCA in Bitcoin, it will be easier for him to hold Bitcoin for the long term.

You are quite correct in your observations about the difficulties of acquiring a big amount of bitcoins, in case you have little money. But that is the point when DCA can become really useful. The principle of buying just a little by little is beneficial since it makes you be consistent and does not have to be worrying what the best time to buy is. It is not every person who can bear the raw feeling when prices are changing in an unprecedented way, in case of big amount of invested money. This is where the mentality part is put to more scrutiny than the technical issues. I would say the primary and most critical aspect is seldom determined by the ability to achieve so many but rather by its confidence and composure with the adopted scheme. All strategies could be checked by time, but as for oneself, do not yield to anger and remain on your line.

Those who do not have much money and can afford to invest a large amount of money in Bitcoin at once, but if they are positive about Bitcoin, then they constantly try to buy and save Bitcoin slowly. And then their DCA is automatically followed and they can always buy Bitcoin at a good price on average. It is a very good decision to invest in Bitcoin, not just Bitcoin, but in any place, instead of investing in a large amount at once, it is a very good decision to invest in a few steps. In this way, you can always be in harmony with the market.

In panicking time i always try to hold my balance. I think panic time is very risky time. Then market movement were high. So then market up and down huge within short time. So loss and profit possibility is big then. Some times i use 10% to 20% balance to trade in panic time. Within short time i received big profit majority times but laso lose big amount some times. And panic market we can DCA which you mentioned. I think it also best decision for panic market. Because within short time market move Again.

[Crypto Library]

In panicking time i always try to hold my balance. I think panic time is very risky time. Then market movement were high. So then market up and down huge within short time. So loss and profit possibility is big then. Some times i use 10% to 20% balance to trade in panic time. Within short time i received big profit majority times but laso lose big amount some times. And panic market we can DCA which you mentioned. I think it also best decision for panic market. Because within short time market move Again.

If this is the case with Bitcoin, then I would say you are on the right track that it is best to hold your Bitcoin when the market is in a panic situation and also if someone can accumulate more Bitcoin, then it will be even better.
But at the same time I will say some caution if someone has invested in altcoin then of course one should always be updated about the market and that coin so that one does not get into such a situation that during panic they are crashing, I mean they are not able to survive and on the other hand we are holding them. Then we will only face losses. This issue has already happened to me in the last panic market situation.

[Bobcrypto]

High market volitality is enhance by panic buyin/selling activities, and if the market is increasing, it some times signify that there may be FOMO, it is not the best time to enter the market.
Again, when the price is decreasing, it most times signify that there is fear of loosing all, it not a good idea to close your positions, but the panic seller will always sell which open the opportunity for the whales, and others to accumulate more Btc.
For me, i take a buy position when price goes dip or corrections periods, but sell when prices hit strong resistance levels using a "Low Time Frame" strategy.

[TomPluz]

Whenever there's a panic in the crypto market, I usually find it as the perfect time to invest more in Bitcoin using the DCA strategy. In majority of the times I've opted to invest more, I end up getting more profits when the market is stabilized.

I bet it would be wise to get and buy more Bitcoin when there is a dip and the whole market is on panic mode. As they say, buy when there is blood on the street. Of course, we are not here talking on any other bad project but just Bitcoin and maybe some solid alts in the top 10 of CMC. In fact, even if we might get nervous when Bitcoin is down, that is the moment actually to thank for and take advantage of. And this is based on the price history of Bitcoin...eventually there is going to be a big comeback just like what we are experiencing right now when BTC has already succeeded going past the $100K line. Maybe the same can also be true with Ethereum as it is following the lead of Bitcoin, many times in the row. Definitely, I am not including memecoins to this list though there can also be some exemptions.

[gunhell16]

High market volitality is enhance by panic buyin/selling activities, and if the market is increasing, it some times signify that there may be FOMO, it is not the best time to enter the market.
Again, when the price is decreasing, it most times signify that there is fear of loosing all, it not a good idea to close your positions, but the panic seller will always sell which open the opportunity for the whales, and others to accumulate more Btc.
For me, i take a buy position when price goes dip or corrections periods, but sell when prices hit strong resistance levels using a "Low Time Frame" strategy.

That's exactly what traders should do, but there are also others who are carried away by their emotions of worry that result in their selling even if they lose,
probably because of their lack of knowledge in this matter.

But if our knowledge were broader, there would be a high chance that we would take advantage of the opportunity
to accumulate more crypto assets for the future.

[JollyGood]

I suppose if investors see the danger signs of a major dump about to occur, they will seriously consider selling or probably will sell in order to retain some funds that can later be reinvested. It seems pointless to retain your portfolio during the period other investors are selling.

[Stuart]

When there is panicking in the market, I just continue holding or convert to USDT stable coin and watch the market, with expectation on a good reversal to jump in again. At this point, with this technic, I secure the initial price of my asset, Bitcoin mostly, and when it starts recovering from its deep, I buy and secure more profit as it goes up. While on the other hand, when the market is on a deep, I buy more of the deep, while it last for the period it will.

When the market is filled with panicking, either selling/buying the market shows reactions, and as a trader, buying the deep is the very sure thing to do, and selling at the top for profit take out when the up trend volatility shows.

[enwi]

I suppose if investors see the danger signs of a major dump about to occur, they will seriously consider selling or probably will sell in order to retain some funds that can later be reinvested. It seems pointless to retain your portfolio during the period other investors are selling.

There is a real possibility of a scenario that will cause investors to panic and sell in a market downturn indeed. However, market tendencies play are not always completely followed in the case of selling for longer investment strategy. When the market falls, it’s not simply a case of losing money, more of whether the portfolio you have is really in line with your long term goals. Not every fall of the price does mean that it is time to sell. In most cases, it is more profitable to hold a position in a volatile market than to be a knee jerk seller just out of fear of the market.

[Bobcrypto]

I suppose if investors see the danger signs of a major dump about to occur, they will seriously consider selling or probably will sell in order to retain some funds that can later be reinvested. It seems pointless to retain your portfolio during the period other investors are selling.

There is a real possibility of a scenario that will cause investors to panic and sell in a market downturn indeed. However, market tendencies play are not always completely followed in the case of selling for longer investment strategy. When the market falls, it’s not simply a case of losing money, more of whether the portfolio you have is really in line with your long term goals. Not every fall of the price does mean that it is time to sell. In most cases, it is more profitable to hold a position in a volatile market than to be a knee jerk seller just out of fear of the market.

As you might have noticed, most holders who sell their crypto assets during the market dumps are the panic sellers and these are likely the newbies traders and holders.
Long term investors will always hold their position whether there is a volitile market or no, although price may not be profitable during a volitile market, it is not a good idea or the best time to sell during panic modes