Panic in the market
(Edited)
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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0
0
0.000
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
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.
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
thats, why selling the top, feels better right? haha
Certainly does
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If you have a long time horizon and believe that crypto will eventually prevail, there is no reason to panic.
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 💪
:)
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
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