I used to panic earlier, but I later due to being a member in this forum stopped panicking because I took advantage on the experience of people in this forum that it was a normal thing. People who still panic are new people who are mostly not members of any community where people encourage each other.

We are used to the market, that is why we are confident from experience.

Like everything else, the only way to achieve this is with practice, several years ago when I was just starting out I was severely affected by those kind of movements and I got worried about bitcoin and my investment all the time, but as I learned more about this market and how it moves, I got used to it and so far I have survived two bear markets, with the crypto winter of 2018 being specially harsh, so whenever the market moves down and I see others which are just like me back then, I can understand their worries but given enough time they will learn just as I did.

This kind of Bitcoin market price dip is not new to me anymore.  I have witnessed several events like this but Bitcoin is able to recover the price and eventually rally to new heights.  If Bitcoin don't have the rebound capability then we won't see Bitcoin at its current price.  We just need to believe on the Bitcoin market while keeping ourselves updated on the Bitcoin events.


I have trust on the Bitcoin market so this kind of drops does not affect me anymore.  Besides I am looking on the Bitcoin's long run performance since Bitcoin is not a sprint, it is a marathon.


Have trust in the Bitcoin market and don't be short-sighted.  Bitcoin had performed well in its years despite of being highly volatile.  If one has target price in mind, just have patience and that target price as long as realistic will come true.

Not assuming that someone does not panic when their money shrinks is quite naive because after all it is the nature of humans who will always experience panic in some unfavorable conditions for themselves. as well as for investors who are in bitcoin because panic must exist and it is a natural thing as a form of expression that we have. But in the end what distinguishes this is how capable you are of mastering yourself (controlling yourself) so that the situation does not get worse for the future because the category of panic will clearly be different considering that there are those who panic and sell even though they experience losses and there are also those who do panic but try to keep their emotions under control and think calmly.

Those who have been in bitcoin for several years may have experienced conditions where bitcoin has decreased even more than 50 percent in the past few years but in the end when their hands were strong and managed to control themselves well they could master the panic they had until now it indicates that panic is still there but it depends on how our attitude is in minimizing the panic.

It's been 8 years since I first learned about the crypto world and no longer panic with a 10%-20% drop, it's normal and not extreme enough.
I once experienced a 90% decline in my portfolio, and it was an amazing experience because of the decline that almost made me panic and sell cheaply.

But I held on until the bullrun came back.
The need to do management will be very useful when a bear market has come in and buybacks can be done so that there will be no more panic.

A decline like now will train trading emotions so as not to be too rash and panicked to sell.
Make sure everything goes according to plan and the decline is an opportunity to accumulate the crypto assets we have.
The more we buy when the bullrun is down, the more profit will be obtained when the bullrun arrives.

There will be no panic when the price drops reach 10% to 20% in 24 hours because that is an activity that I consider normal where before the drop reaches that percentage there has been an increase and it becomes something that will have a good impact in the future as a reinforcement.

For me personally, maybe I can, but to be conveyed here specifically there is nothing because I myself am not a good advisor.
At most I can only say be patient that going up and down is a market routine.

Before, years ago I was. But until I was able to develop my sense of being calm thanks to this market, I'm no longer panicking. I can say that my weak heart before became stronger due to it. And as long as I've got some budget to spend, I'd make sure myself that I get some addition to my stash before the great bull run comes. I've learned from my mistakes the hardest way and that's because of early selling, so, being patient and prepared really pays off.

Don't look at the charts.
Don't look at your portfolio.
Avoid checking the price that moment.

It is normal that an investor if he is new and after investing suddenly his market drops by 10 to 20% in one day then he must feel emotional and nervous. Currently I am facing such a situation especially I have invested one thousand dollar amount and after investing suddenly big dumping in the market where my invested project has decreased by more than 27%.  As I am very new to investing so now every moment is stressful time for me.

Firstly i don’t think bitcoin will fall to a 20% loss in a day, such a huge drop will definitely affect the entire market, some Altcoins could go way below 50%. So to me it is unrealistic at the moment. That’s how Bitcoin volatility rate has decreased over the years.

But let’s assume it does happens, I will personally be glad if at all I have enough money on me, because that’s one buy opportunity that won’t come so easily again. I also think this is the same view with most old investors, every dip is a buying opportunity but for newbies just investing or maybe people having open a long position in future trading it will be a huge panic and loss respectively to them.

One thing I will advice as to how to control your emotions when a dip happen is always invest an amount which you can afford to lose. Lack or proper risk management will only make you panic in situations like this. Do not also go for short term trading, go for long term investment.

I would never be here for years if I still fall for that. Maybe before I was when I don’t understand completely the high volatility of bitcoin, but now I don’t fall anymore into panicking, instead I find it having more opportunities to maximize DCA everytime bitcoin price falls deeply. I’ve seen how bitcoin consistently recovers after dropping, and it’s not new anymore to me, so it doesn’t affect my emotions and decisions anymore.