hurain
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June 29, 2017, 03:02:58 PM |
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I have lost money when I panicked during trades. So I have stopped trading as well as panicking. To be honest I can't control my emotions while trading the money. I use to put more stakes to get my investment back but it never happened with me. Whatever I got while panicking was loss and loss. I tried to keep it calm but I was impatient always so I better left it before I can get bankrupt.
you need experience, if you will have good experience in trading then you will not sell your bitcoin in panic. you should continue trading because you can only get experience inf you have will spend time in trading altcoin, you need to invest a little amount of money in very beginning and when you get good experience then you should try to invest more money.
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wahb
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 29, 2017, 11:55:53 PM Last edit: July 04, 2017, 12:55:15 AM by wahb |
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I have lost money when I panicked during trades. So I have stopped trading as well as panicking. To be honest I can't control my emotions while trading the money. I use to put more stakes to get my investment back but it never happened with me. Whatever I got while panicking was loss and loss. I tried to keep it calm but I was impatient always so I better left it before I can get bankrupt.
you need experience, if you will have good experience in trading then you will not sell your bitcoin in panic. you should continue trading because you can only get experience inf you have will spend time in trading altcoin, you need to invest a little amount of money in very beginning and when you get good experience then you should try to invest more money. yes that is right experience is too much important in every field of life. in trading bitcoin those people who have good experience . i am sure that they will not sell their bitcoin in currency position and will be holding it, because they good knowledge about bitcoin nature, they know that bitcoin price will again boost just like in previous days when its price jumps to 3000$.
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deddod
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June 30, 2017, 09:08:49 AM |
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Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time. How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL? What makes you panic and how do you react to it?
In my opinion, altcoin or bitcoin investment will not suffer 100% loss unless you invest in waste coin. It became my rationale for staying calm in holding an altcoin. I've also experienced a panic, my strategy for that I sell the coin I invested when it dropped around 30-40% and I bought it again at the cheapest price. that way I get 2-fold profit when the price back stable And at least you get your capital back.
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KnightElite
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June 30, 2017, 10:48:59 AM |
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I have lost money when I panicked during trades. So I have stopped trading as well as panicking. To be honest I can't control my emotions while trading the money. I use to put more stakes to get my investment back but it never happened with me. Whatever I got while panicking was loss and loss. I tried to keep it calm but I was impatient always so I better left it before I can get bankrupt.
you need experience, if you will have good experience in trading then you will not sell your bitcoin in panic. you should continue trading because you can only get experience inf you have will spend time in trading altcoin, you need to invest a little amount of money in very beginning and when you get good experience then you should try to invest more money. Yeah, I can say experienced is the best teacher. You can learn a lot in your experienced. You need to study all the aspects of the trading and you will become a good trader.
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wahb
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 30, 2017, 11:46:35 PM |
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I have lost money when I panicked during trades. So I have stopped trading as well as panicking. To be honest I can't control my emotions while trading the money. I use to put more stakes to get my investment back but it never happened with me. Whatever I got while panicking was loss and loss. I tried to keep it calm but I was impatient always so I better left it before I can get bankrupt.
you need experience, if you will have good experience in trading then you will not sell your bitcoin in panic. you should continue trading because you can only get experience inf you have will spend time in trading altcoin, you need to invest a little amount of money in very beginning and when you get good experience then you should try to invest more money. Yeah, I can say experienced is the best teacher. You can learn a lot in your experienced. You need to study all the aspects of the trading and you will become a good trader. yes and think experience can only be get through trial and error, for example if you want to become a good trader and get some experience, then you need to do trading but will small amount even if you lose that amount of money so that it may not have worst effect on you. and only through this way you can get experience.
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Shutup
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July 01, 2017, 11:31:30 AM |
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I go on panic when I heard that bitcoin will collapse the price.Many bitcoiners will be affected if this happen.But most of bitcoiners may panic they will sold their bitcoin before price down.But the big timers of bitcoin maybe they will hold it then wait for the surprise of bitcoin high price.
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heppot
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July 01, 2017, 12:00:35 PM |
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I go on panic when I heard that bitcoin will collapse the price.Many bitcoiners will be affected if this happen.But most of bitcoiners may panic they will sold their bitcoin before price down.But the big timers of bitcoin maybe they will hold it then wait for the surprise of bitcoin high price.
The most panic is the person who most open business by using 100% bitcoin as his business, then the price of bitcoin collaps. This has no effect on the person who holds little bitcoin. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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chocolah29
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July 01, 2017, 12:13:57 PM |
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I have lost money when I panicked during trades. So I have stopped trading as well as panicking. To be honest I can't control my emotions while trading the money. I use to put more stakes to get my investment back but it never happened with me. Whatever I got while panicking was loss and loss. I tried to keep it calm but I was impatient always so I better left it before I can get bankrupt.
This usually happens when you got panicked. You made decisions without even thinking what will be the consequences of your action. Everyone gets panic of course coz' we're human ( unless you're not ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ) it's all natural to us. Well atleast to you @sirfrowsiter, I think you've learned your mistakes through your experience. Never get panic. Stay calm as long as you can stay calm. Then think what's the best thing to do next.
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InvexCoin
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July 01, 2017, 12:54:52 PM |
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You should research before investing. A good coin to crowdfund would be InvexCoin ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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SomethingMAD
Member
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Activity: 94
Merit: 10
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July 01, 2017, 01:31:01 PM |
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my trading strategy not all in my money to buy one coin in one price ussualy the first iam buy use 10% my capital money, if down price, i use averaging or marti strategy
All in, you mean? If it's really profitable, why not. Courage with a good strategy is good.
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FrueGreads
Legendary
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Activity: 1582
Merit: 1059
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July 01, 2017, 01:42:56 PM |
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Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time. How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL? What makes you panic and how do you react to it?
I don't really panic because I trade for the long term, so I just hold strong coins as an investment. If I was for the short trades, then I don't think I would panic as well, because I would just follow my exit strategy. You need to have one when you trade, so you don't panic, and keep everything according to plan.
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dothebeats
Legendary
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July 01, 2017, 07:14:31 PM |
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Selling at 10% loss is a panic move for me. Back when I was still trying to trade alts, there is this coin that I made the most out of other alts. Because I made good money out of it, I bought tons of it. What I don't know is that it's on a pump and oh my I bought near the top. An hour later I saw that it's crashing and so I sold all of it, 25% loss, then never looked back in that coin ever again.
Oh, it is the little devil Blakcoin I'm talking about.
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krankNL
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 01, 2017, 09:14:12 PM |
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I go on panic when I heard that bitcoin will collapse the price.Many bitcoiners will be affected if this happen.But most of bitcoiners may panic they will sold their bitcoin before price down.But the big timers of bitcoin maybe they will hold it then wait for the surprise of bitcoin high price.
I usually panic after I open a buy position in the exchange. The price most probably go under my order price and I get depressed every time this happens.
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batang_bitcoin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 01, 2017, 09:26:27 PM |
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Selling at 10% loss is a panic move for me. Back when I was still trying to trade alts, there is this coin that I made the most out of other alts. Because I made good money out of it, I bought tons of it. What I don't know is that it's on a pump and oh my I bought near the top. An hour later I saw that it's crashing and so I sold all of it, 25% loss, then never looked back in that coin ever again.
Oh, it is the little devil Blakcoin I'm talking about.
I'll never do this again if I have the same experience to you. These days people are now scared to buy at peak because there is a tendency that it will go down. It's like when new investors came into the league, those old ones(traders) has the chance to take those money for profit. And the new ones will suffer this and that is causing them to panic.
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Rent this sig space so that BTC goes to $100k.
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Adbitco
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July 01, 2017, 10:09:30 PM |
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I don't panic really. When an altcoin I hold drops I know it will recover eventually because I always analyze my investment before investing in the first place. I think I will consider panicking once the internet shuts off for some reason.
That one quality which every trader should have. Even I don't panic because I am very choosy when it comes to buying an altcoin and I buy a coin only after doing good research about the coin and only when I'm convinced that the coin has the potential to grow and it's there to stay. I don't grab every other coin that comes my way. Along with all that said above one should have lots of patience when one is into trading.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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irwanjabryg
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July 02, 2017, 12:01:27 AM |
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Panic sell really makes me annoyed, where we always cornered in two choices
-Select a sale but loss -select hold but do not know when it will rise again
First, the first choice I always do But now ,, better I save it even with high risk .. ,, coin die and become garbage
My question is: how long will the price be back stable? A difficult question to answer. All that seems impossible. I recommend CL to minimize bigger losses. Each choice always coincides with the risks.
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gabmen
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July 02, 2017, 10:25:38 AM |
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I don't panic really. When an altcoin I hold drops I know it will recover eventually because I always analyze my investment before investing in the first place. I think I will consider panicking once the internet shuts off for some reason.
That one quality which every trader should have. Even I don't panic because I am very choosy when it comes to buying an altcoin and I buy a coin only after doing good research about the coin and only when I'm convinced that the coin has the potential to grow and it's there to stay. I don't grab every other coin that comes my way. Along with all that said above one should have lots of patience when one is into trading. Well experienced traders rarely go on panic mode anymore i think. Because just like you, we know that once a coin drops, it's almost certain that it would go up again. Just do a little research and it's a lot better to wait for a long time than to sell at a price where you'll lose money
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Report to moderator . ██████████. .████████████████. .██████████████████████. -█████████████████████████████ .██████████████████████████████████. -█████████████████████████████████████████ -███████████████████████████████████████████████ .-█████████████████████████████████████████████████████. .████████████████████████████████████████████████████████████ .██████████████████████████████████████████████████████████████. .██████████████████████████████████████████████████████████████. ..███████████████████████████████
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que91
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July 02, 2017, 05:36:36 PM |
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Panic sell really makes me annoyed, where we always cornered in two choices
-Select a sale but loss -select hold but do not know when it will rise again
First, the first choice I always do But now ,, better I save it even with high risk .. ,, coin die and become garbage
My question is: how long will the price be back stable? A difficult question to answer. All that seems impossible. I recommend CL to minimize bigger losses. Each choice always coincides with the risks. Yes, have a stop-loss can help you have rule in trading and can earning more profit in future. I'm a trader not use stop-loss when trading STR/BTC, and look now, my base price is 2800 sat and the price breakdown to under 1000 sat => Take a huge loss with -300%
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raven7886
Legendary
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July 02, 2017, 05:48:04 PM |
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Well experienced traders rarely go on panic mode anymore i think. Because just like you, we know that once a coin drops, it's almost certain that it would go up again. Just do a little research and it's a lot better to wait for a long time than to sell at a price where you'll lose money
When we will be having predetermined plans for what to do on different market conditions like what to do when market over react as per our predictions or what to do when market goes against our predictions, there will be very thin chances to get panic during market hours. Yes these plans and accepting ant situations will come into practice only through experiences. Every trader must be facing losses but not all the traders are getting panic. Because some traders gain experiences from their mistakes which helps them to become "professional" traders.
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MMA
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July 02, 2017, 11:07:31 PM Last edit: July 04, 2017, 01:10:02 AM by MMA |
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Whether its bitcoin trading or altcoin trading, there is bound to come a time when your investment is getting dumped badly, and its panic time. How do you panic? Does that really make you panic and do you take decisions that you actually regretted later? Or do you keep calm and HODL? What makes you panic and how do you react to it?
I don't really panic because I trade for the long term, so I just hold strong coins as an investment. If I was for the short trades, then I don't think I would panic as well, because I would just follow my exit strategy. You need to have one when you trade, so you don't panic, and keep everything according to plan. that is good, even in present time if a person is welling to go for long term investment then there is not wrong in the market and he can then trade bitcoin at any stage because the price of bitcoin has good potential and will continue increase for a long time. currently bitcoin is getting a great support from the investors and hope that they will continue the support for bitcoin.
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