Panic rapidly

[Wekesa]

I think its called , FMO, the fear of missing out , this is one that has made so many people lose their money and its important we are able to value what we are doing in here, so when you have a strategy stick with it and its going to help you a lot in whatever you are trying to do, let the price move with its own pace

[Aya]

I am having a hard time when it comes to controlling my emotions. I panic every time I witness the dramatic movement of the coin. I always have to rely on my decisions based on what I read..

Well I guess that recognizing your own weakness is a good sign. Look for a way to solve this issue. If you will keep on being unable to control your emotions, then trading would be very hard for you.

[Mr. Cid]

I never did panic selling. This is the first tip that my aunt taught me when she oriented me about cryptocurrencies. She told me that sudden drops in the price are normal and that I shouldn't be swayed by those. That is why right from the start, I already made efforts to control my emotions.

I am having a hard time when it comes to controlling my emotions. I panic every time I witness the dramatic movement of the coin. I always have to rely on my decisions based on what I read..

[Trader_Rob]

I think every newbie trader has gone through this phase. Panicking when the price dropped drastically but it is a mistake that shouldn't be repeated. Panic buying/selling often only leads to losses.

Guilty as charged. I made the same mistake quite a few times. It took me a lot of losses before realizing that I should rather control my emotions instead of making decisions out of bursts of emotions.

[Sendo12]

I think every newbie trader has gone through this phase. Panicking when the price dropped drastically but it is a mistake that shouldn't be repeated. Panic buying/selling often only leads to losses.

[Aya]

I never did panic selling. This is the first tip that my aunt taught me when she oriented me about cryptocurrencies. She told me that sudden drops in the price are normal and that I shouldn't be swayed by those. That is why right from the start, I already made efforts to control my emotions.

[AbdulShiek]

That's great! Do you have any tips to avoid panic selling? Lately, the value of Bitcoin has rapidly dropped. Some people say that Bitcoin will have decreased by 10% at the end of December.

Do not sell out your deal out of panic. If you do, you're helping the Bitcoin to bleed even more.

[Mr. Cid]

Nope! I am learning how to control my emotions to avoid unnecessary trade.

That's great! Do you have any tips to avoid panic selling? Lately, the value of Bitcoin has rapidly dropped. Some people say that Bitcoin will have decreased by 10% at the end of December.

[Newbie_trader]

Nope! I am learning how to control my emotions to avoid unnecessary trade.

[AbdulShiek]

Do you panic if the price fall rapidly?

That's the reason sometimes I close my order without thinking of the future. I hope I can contain my emotions.