Post
Topic
Board Trading Discussion
Re: How do you Panic?
by
CoinsInvest9
on 24/12/2017, 07:23:30 UTC
I think panic is not the right term. For me its "worried". Were all worried when BTC falls coz alt coin price also fall. But Im sure that theres a main reason why BTC is down at the moment. I think a lot of people are withdrawing money because of the holiday season. I know that it will recover the price fall soon. We dont need to panic I guess. Were just on the seasonal struggle coz a lot of people is being generous I guess to the point that they sell their coins and make a holiday parties. I think it is normal. Im sure it will recover soon. Good luck to all!

Yep similar for me, I worry but I don't panic sell. I think I've learned my lesson already many times on how futile it is to panic sell and watch it go back up.
I think all people is always worry when the price of altcoins which they are investing in going down because they are lost their money but for people who experienced and knowledge about crypto currency they will not panic sell. The best way to control your emotion and avoid panic is you have to an avowedly investing strategy which will help you have right decison for your investment when market is move in the bad direction.