Post
Topic
Board Trading Discussion
Re: How do you Panic?
by
HalfDeck
on 26/02/2018, 22:16:58 UTC
If the price fallin of course will make us panic because it's just human tendency to panic. But don't sell it just hold your coin and wait for the price to recover, and just stay calm. Trading in crypto market needs a lot endurance, wisdom and big heart. Cryptocurrency is a high risk trading and most people already aware of that.
I didn't agree with that as well as to say calm and don't panic. We are all a human being and not all people are aware of it there are many people joining cryptocurrency without having a full knowledge to their investments. I learn it from my mentor, the more people on top how much more the people who are in below them. The panic starts with the people in the people who are new in this crypto and im one of them in the past year even now. What's good to me is i handle and accept the risk before selling win or loss i think first. 
Try to imagine the total money you can lose and also, try to think can you accept that loss amount or not. As long as you can be already with loss, you will not be panic by the FUD, because that loss you have predicted and accept it. This is my strategy for panic time.