Quote from: KenChanYu on June 01, 2018, 05:08:00 PM

Quote from: Bustart on June 01, 2018, 02:37:43 PM

Quote from: Cling18 on June 01, 2018, 02:10:43 PM

Quote from: NikoF on April 14, 2018, 10:39:21 PM

Hello, why everyone is so afraid of crypto market falling again? I think this 1000$ bitcoin growth is the new beginning of rapid growth of all crypto market! Guys dont be so depressive, stop panicking and selling just relax and bitcoin is going to reach 20000$ in summer! Cool

I agree with you. Panicking won't help us grow as traders so we must learn how to handle and take control of our emotions. It is important that we know how to deal with the changes that we might face here in trading so we must know when to sell and when to hold. It will take a lot of patience before we reach our target but it is all worth it.

We tend to be impulsive at times, we're overpowered by our emotional weaknesses, and tend to panic. It's the most common mistakes that most traders and investors do, not knowing that it contributes to the dump and it does not help yield better results. We can cope up from this if we understand more on how to deal volatility, and other economic factors that causes the price to rise and fall, it's about full awareness about the nature of cryptocurrency.

We all have different responses on any situations, however there are really times where we can't control our emotional stress that will lead us to panic and decide quickly and it may be hard to deal with it. We all go through on that stage of life, but sometimes we also need to learn how to overcome and face our fears, to never be afraid to fail, think positive thoughts, take a deep breathe for stress management and relief. Keep calm and don't be too affected on bad situations in crypto world, it's normal and temporary.

The crucial factors in panic selling can be excitement, eagerness or emotional trading. These are mostly triggered by fear, market condition or overthinking about negative news and misconceptions. Know your strengths and weaknesses, be visionary, be brave to think success no matter how hard the situation is, take it as a tool to achieve your goals and purpose why you participate in the crypto industry. Things are unpredictable, life in cryptocurrency is surprising at times, but I always believe we can suppress panic if we acknowledge that it's real and think of what negative impact it can give to our lifestyle and how it could constantly destroy us and the community of cryptocurrency.