umbara ardian
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PredX - AI-Powered Prediction Market
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July 08, 2017, 07:20:52 AM |
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Do not panic and I never panicked about it. If the altcoin I hold starts to decrease. I am always sure and know it will recover. Because before investing in the coin. It's good to do the analysis first. And I think there is no reason to panic.
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ultrloa
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July 08, 2017, 07:32:07 AM |
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Do not panic and I never panicked about it. If the altcoin I hold starts to decrease. I am always sure and know it will recover. Because before investing in the coin. It's good to do the analysis first. And I think there is no reason to panic.
Panic headed people are the loser's in trade since mostly of them cannot hold there feelings and they will just easily dump there coin when they see some bad movements happening on it, but if they will learn to research first before doing some final decision of there coin I think they can erase the fact that they can lose instead they can win for waiting and holding their feelings.
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ijl53
Member
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Activity: 64
Merit: 10
CyptoLong
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July 08, 2017, 07:39:26 AM |
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I honestly only panic when I am A: Using another persons funds, or B: when I am in crazy profit, like when btc spikes. When the price crashes It no longer bothers me even the first crash was honestly kinda exciting because i saw discounted coins. One way to take the emotional aspect out of it all for me was just to know everytime my money entered the exchange it became just #'s not $'s that helped alot because numbers dont hold as much value to me as $ or btc. It made me a much better trader. Before this my one panicky regret was not holding the 1200 dash i had when bitfinex decided to drop the currency, making me liquidate only to re add it later. Sold at around 14 and 8$. Would still had those suckers, so it would have just been better for me to have moved the coins to a cold wallet and held for much longer. Thats how most cryptos go. The longer you hold the better you have at making profit.
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dothebeats
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Activity: 3766
Merit: 1354
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July 08, 2017, 07:55:02 AM |
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There are only two things: when I'm in high profits and when I'm nearing my loss. But most of the time I don't since I know that panicking wouldn't do any good and it will only result to further bad calls and loss of profit.
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pisston
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July 08, 2017, 02:06:34 PM |
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There are only two things: when I'm in high profits and when I'm nearing my loss. But most of the time I don't since I know that panicking wouldn't do any good and it will only result to further bad calls and loss of profit.
I think that for a person to whom to invite Bitcoin huge profits, panic is simply beyond control. I think that panic moods There are no such people. It's still there is someone somewhere got some Talkin, and then it starts to storm because of the price drop, then then he starts to discard all the coins that he has. This is a real panic.
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el kaka22
Legendary
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Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
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July 08, 2017, 02:18:54 PM |
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There are only two things: when I'm in high profits and when I'm nearing my loss. But most of the time I don't since I know that panicking wouldn't do any good and it will only result to further bad calls and loss of profit.
When you will be having predetermined plans for how to secure your profits and how to cut your losses early then there will be lesser chances to get panic, only those traders are not now having clearer idea for emergency situations get panic. Emotion control always play a big role in deciding our success of trading. Getting greedy or getting panic will collapse any level of strong technical analysis too. Must maintain self control so that we can have emotions within control. Panicking is basic emotion failure. Self control will save us always.
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reflector
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July 08, 2017, 02:40:25 PM |
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There are only two things: when I'm in high profits and when I'm nearing my loss. But most of the time I don't since I know that panicking wouldn't do any good and it will only result to further bad calls and loss of profit.
These both will be happen when we see the hard forking has been happened on the price chart. We all knew that bitcoin and other altcoin's price is volatile always. As of now Etherum smart contract based ICO has been implemented everyday from this year starting onwards. We need to find the price of each alts and btc accordingly and choose it on that way.
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tabas
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July 08, 2017, 04:26:14 PM |
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actually I don't panic,when I confirmed that its chance to buy gets the profit. in case,rate don't increase but I don't panic this.becouse I trust that it's bounce back sure.
Good for you that you don't panic because me I do panic when there are times that I'm into pressure. I usually think about of my losses and I'm having hard time to recover from those loss. And when I panic I usually all of my remaining coins, like in bitcoin when I panic I'm selling almost 90% of my total holdings there.
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Zenithar
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July 09, 2017, 10:43:33 PM Last edit: July 11, 2017, 04:31:37 AM by Zenithar |
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There are only two things: when I'm in high profits and when I'm nearing my loss. But most of the time I don't since I know that panicking wouldn't do any good and it will only result to further bad calls and loss of profit.
When you will be having predetermined plans for how to secure your profits and how to cut your losses early then there will be lesser chances to get panic, only those traders are not now having clearer idea for emergency situations get panic. Emotion control always play a big role in deciding our success of trading. Getting greedy or getting panic will collapse any level of strong technical analysis too. Must maintain self control so that we can have emotions within control. Panicking is basic emotion failure. Self control will save us always. pre planning is too much important for everything, i think we need to study the coin or whatever where we want to invest our money we need to have good study about that in advance, through this way we can minimize the risk. we can get useful information about any coin through this forum.
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pisston
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July 09, 2017, 11:07:38 PM |
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There are only two things: when I'm in high profits and when I'm nearing my loss. But most of the time I don't since I know that panicking wouldn't do any good and it will only result to further bad calls and loss of profit.
When you will be having predetermined plans for how to secure your profits and how to cut your losses early then there will be lesser chances to get panic, only those traders are not now having clearer idea for emergency situations get panic. Emotion control always play a big role in deciding our success of trading. Getting greedy or getting panic will collapse any level of strong technical analysis too. Must maintain self control so that we can have emotions within control. Panicking is basic emotion failure. Self control will save us always. pre planning is too much important for everything, i think we need to study the coin or whatever where we want to invest our money we need to have good study about that in advance, through this way we can minimize the risk Generally it is considered that the risk is a noble cause and I think that Who will risk that one will be able to earn a very good salary. We are already observing today what fluctuations in the bitcoin market, Therefore, if you correctly approach this issue, you can very well make money on the difference in price. This is a very topical issue and I think that everyone is paying attention to this.
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Coroline
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July 10, 2017, 03:18:34 AM |
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For me, i panic when see the price goes down, i mean altcoin which I hold and for sure when i see the bitcoin price going down, that moment I was just positif thinking, because this cryptocurrency, sometimes the price will go down and will go up as well, so that the point, i can say keep calm and hodl.
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pisston
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July 10, 2017, 04:22:22 AM |
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For me, i panic when see the price goes down, i mean altcoin which I hold and for sure when i see the bitcoin price going down, that moment I was just positif thinking, because this cryptocurrency, sometimes the price will go down and will go up as well, so that the point, i can say keep calm and hodl.
In order to preserve Tranquility and composure in the field of Crypto-currency and trade, you need to have relevant information so that the panic of others does not prevail over you. Although to date I will not say that the situation for another Persian is calm. But this is not a reason to panic.
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api
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July 10, 2017, 04:40:31 AM |
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Usually I open the charts, I'm convinced that there is a correction and with optimism I expect the price to go up. Well, if there is a panic sale, I'm looking for somewhere to get money to buy)) One day I hung in litecoin, stayed there for about two years and waited for growth, with a small profit went out, now I regret that but waited a bit, could increase the profit by dozens of times.
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CraigWrightBTC
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July 10, 2017, 04:49:40 AM |
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While first time trading altcoins i was panic when saw the price of altcoins went down it made me stress, confuse and angry i don't know what have to do because i don't have any strategy of trading. But today i know what have to do because i have made anticipate if the price of altcoins goes down and i must do cut lost before losing large of money because of wrong prediction and positions.
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bitcoinisbest
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July 10, 2017, 04:59:34 AM |
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For me, i panic when see the price goes down, i mean altcoin which I hold and for sure when i see the bitcoin price going down, that moment I was just positif thinking, because this cryptocurrency, sometimes the price will go down and will go up as well, so that the point, i can say keep calm and hodl.
Yes somehow if bitcoin prices dip so does other alt coin prices also generally start falling. Well bitcoin price can rise later but not sure about this altcoin if it will rise with the same magnitude the way it has fallen. Because majority of the coin vanish the market quickly or from exchanges as they lose their value quickly next to zero. So it obvious that if invested in altcoin and prices dip panic increases automatically.
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Vixmore
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July 10, 2017, 05:04:26 AM |
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Honestly: I panic quite a lot. Especially when I use a lot of my money or when im using someone else's money. The best way to counter this is to set limits to profits made and then cash out instantly. Maybe cash out every 10% of the profits. Another way to not panic is only start trading only when you are mentally prepared to loose money. I sometimes regret my panicky decison, but sometimes it can pay off. Its really a gamble.
The way I panic is I watch the prices drop, keep on watching them drop and I get real scared. Then I quickly sell all my funds only to soon realise that I have made a big mistake. However, I still make a small area of profit- so I guess its "better safe than sorry". Panic mode especially works very well for pump and dump coins as it gives the user an early sign to sell before they really do loose all their money.
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Hatuferu
Legendary
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Activity: 1092
Merit: 1000
https://trueflip.io/
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July 10, 2017, 07:26:43 AM |
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Honestly: I panic quite a lot. Especially when I use a lot of my money or when im using someone else's money. The best way to counter this is to set limits to profits made and then cash out instantly. Maybe cash out every 10% of the profits. Another way to not panic is only start trading only when you are mentally prepared to loose money. I sometimes regret my panicky decison, but sometimes it can pay off. Its really a gamble.
The way I panic is I watch the prices drop, keep on watching them drop and I get real scared. Then I quickly sell all my funds only to soon realise that I have made a big mistake. However, I still make a small area of profit- so I guess its "better safe than sorry". Panic mode especially works very well for pump and dump coins as it gives the user an early sign to sell before they really do loose all their money.
I think that's normal to people who panic when something bad goes to their investment but we will reduce that uncomfortable feeling of uncertainty if in the first place we use money that we can afford to lose. Yes, that is the only important thing to do.
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joshy23
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July 10, 2017, 07:50:30 AM |
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Honestly: I panic quite a lot. Especially when I use a lot of my money or when im using someone else's money. The best way to counter this is to set limits to profits made and then cash out instantly. Maybe cash out every 10% of the profits. Another way to not panic is only start trading only when you are mentally prepared to loose money. I sometimes regret my panicky decison, but sometimes it can pay off. Its really a gamble.
The way I panic is I watch the prices drop, keep on watching them drop and I get real scared. Then I quickly sell all my funds only to soon realise that I have made a big mistake. However, I still make a small area of profit- so I guess its "better safe than sorry". Panic mode especially works very well for pump and dump coins as it gives the user an early sign to sell before they really do loose all their money.
I think that's normal to people who panic when something bad goes to their investment but we will reduce that uncomfortable feeling of uncertainty if in the first place we use money that we can afford to lose. Yes, that is the only important thing to do. Its really hard not to panic if we see our investments going down. Specially if you are using someone's else money. We don't want to see those situations really and its hard to control our emotions and we immediately sell and have our losses. I also sometimes panic and sell off to realized later that I made a mistake. That's why I try to control my self to sell by always thinking that the price could soon recovered and I should not sell immediately.
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Potato Chips
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July 10, 2017, 09:56:38 AM |
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Honestly: I panic quite a lot. Especially when I use a lot of my money or when im using someone else's money. The best way to counter this is to set limits to profits made and then cash out instantly. Maybe cash out every 10% of the profits. Another way to not panic is only start trading only when you are mentally prepared to loose money. I sometimes regret my panicky decison, but sometimes it can pay off. Its really a gamble.
The way I panic is I watch the prices drop, keep on watching them drop and I get real scared. Then I quickly sell all my funds only to soon realise that I have made a big mistake. However, I still make a small area of profit- so I guess its "better safe than sorry". Panic mode especially works very well for pump and dump coins as it gives the user an early sign to sell before they really do loose all their money.
I think that's normal to people who panic when something bad goes to their investment but we will reduce that uncomfortable feeling of uncertainty if in the first place we use money that we can afford to lose. Yes, that is the only important thing to do. Its really hard not to panic if we see our investments going down. Specially if you are using someone's else money. We don't want to see those situations really and its hard to control our emotions and we immediately sell and have our losses. I also sometimes panic and sell off to realized later that I made a mistake. That's why I try to control my self to sell by always thinking that the price could soon recovered and I should not sell immediately. Yes, its really hard but in my case i sold coins lower than their bought price when i needed the money so my personal issues is typically the one who makes me lose not panic selling. yah i worry when my coins are down but if you really believe in your coins dont ever sell them lower than their bought price. why would you sell them lower when you can sell them higher if you just wait. thats the more reason why you have to choose carefully what coin you will be buying because everything depends on that.
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densuj
Legendary
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Activity: 910
Merit: 1000
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July 10, 2017, 01:41:28 PM |
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I will be panic in trading if i don't have system of trading before entry the market, especially if the price going down after i bought the altcoins, but that was happened when i traded was like gambling. But today i have system of trading be made by myself that gives me active profit from trading altcoins, this system of trading must be suitable with our style of trading, so we must find the best strategy of trading before traded on exchangers.
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