Quote from: gabmen on March 03, 2018, 01:19:03 PM

Quote from: sheryl26 on March 03, 2018, 11:44:02 AM

Quote from: shamzblueworld on June 28, 2017, 07:07:18 AM

Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time.
How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL?
What makes you panic and how do you react to it?

I panic just like any other people i am worried that i might end up losing all of my money so i am cashing out all of my money not bothering if i am going to cut off my loss. But that was before today i have learned that bitcoins isn't something to be worried about because bitcoins and all of the other coins that has the capability to rise back up again doesnt need to be panic sell because they are always gonna give you huge profit after a loss. But if you are holding an unknown coin then sell immediately.

Well i think the trick is you should only spend an amount that you're ready to hold for a long time. Most people panic because they invest for the short term, meaning they're expecting profits for a specific amount of time which isn't really a good idea because they'd be left with little choice but to sell at a loss. If you give yourself a leeway of a longer time for your investments, then you won't panic with the eventual dumps and corrections.

For me, they are not the investor, they are the speculator instead of the investor. They can not make me call them like the investor because they just invested money without any knowledge, experience about this field. Of course, like you said, loss is the result for them.