Panic in the market

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(Edited)

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To be honest, slowly I become a bit panic too. Look all the red now over weeks, it's not the best thing to watch. Also, I hold most coins and don't take any profits.

In general, I would say, all is fine, the chart doesn't look super dirty. But the altcoin market is full of fear and panic. And if for some reason the BTC support a 33k doesn't hold, I see the next on 19k. And this would be IMO definitely a bear market.

Trading / Investment is often about, bring you in easy spots for easy decisions.

Sell now, would be not an easy decision, it can be also the bottom/ the max pain area.

Not an easy decision at all.

How is your panic level?

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15 comments
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Seriously it is a cost to fear with the way all the crypt are showing red but I still have the believe that all will still be fine is a matter of time and patient


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Time in the market beats timing the market.

Some green days would feels very good :)

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There is nothing unexpected in present situation just as well as there will be nothing unexpected in BTC reaching 100k. It simply will happen. The question is only when.

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My panic level is 0 right now, and that is due to the fact that I'm accepting the worst...in my head I'm already programming that we are in a bear market, peradventure im wrong, then that's good. My best strategy now is trying to build a nice chunk of stables rather than buying the tokens cheap...

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Sell now can mean "sell the bottom" like a noob :)

On the other side, it can be a protection move.

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I totally agree...Which side of the coin will it be? Lol

Aren't we all just gamblers

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If you have a long time horizon and believe that crypto will eventually prevail, there is no reason to panic.

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Im in general bullish because the real-world economy sucks. But the paradox is, it adds in some way additional pressure :)

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No panic here. Keep on stacking sats 💪

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No panic here and I think even 19k or 20k BTC would be fine. It wouldn't really be a bear market but if it does break that, then yes, we might be in a bear market.

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on 19k I would shit in my pants :D

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Panic kicking in for sure. Wouldn't want to see 19k soon as that would send the market to pandemonium. Hope the tides turns soon and the bull prevails


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