confidence or loss

[sparg]

This isn`t about confidence, it`d about basic trading rules.... never sell in loss, buy low sell hy.
If you dont have the patience to do trading you will have a hard time because you will loose money.

[alian17]

I think you still need to build information. In addition, you have to have a full understanding of the projects you have held. If you have confidence in the project, hold it.

[VackFromOhm]

It just takes practice, start with smaller amounts and trading high volume coins and you're going to start understanding how and when to trade. It really just takes time for you to figure out how the trends of the market go, and it's not an exact science. Try reading through trading threads and seeing what people are thinking, that will ultimately help you get into the mind of master traders.

[olubams]

how to establish confidence in buying and selling altcoin because when looking at the price down and immediately want to sell even loss

Then you are not ready to engage in Alt trading especially if its the coins that are rarely know because those kind of coins you are not sure of what will happen next. But trading is not for the soft minded but intelligent ones. Its a risk sometimes you benefit from it, at other times you fail from such. But the way out is to establish a stop point where if price should fall below, take a decision without second guessing yourself whether you made the right decision or not. Sometimes you win, at other times, you lose.

[Queen12]

how to establish confidence in buying and selling altcoin because when looking at the price down and immediately want to sell even loss

If you want to build faith, you need to know the white paper and technical route of the project, so you can hold altcoin.

[Nitnit13]

this informartion is important for newbie like me, how to read situation when i want to buy or sell coin

[uylvlprx]

how to establish confidence in buying and selling altcoin because when looking at the price down and immediately want to sell even loss

Try to maintain a normal state of mind, ups and downs is normal.

[phelbaby]

Patient and confidence work together,if you are not confident in altcoins than you will sell at any cost especially when you have no good orientations on cryptocurrency. When you notice the prize going down or deprecating you will panic and sell,altcoins need patient and confident.Hold and be confident you will not run at loss.

[saif.shaikha]

Crypto markets are extremely volatile and can have huge up and down on any given day. In order to save myself from panic selling and buying, I try to follow the strategy of taking time for understanding the coin before investing. Once I put money on the coin, I keep it till the time I achieve my target. Remember that if the project is good it will bounceback again. Also investing only the amount you can afford to lose will allow you to hold when the value goes down.

[gdmbd_x]

If you're not confident about anything that you are selling or achieving then you'll probably ended up with a loss.  So i definitely would chose confident over loss. 

[Azzhan]

A good trading strategy is the right way to make money, and when prices go crazy, you should gradually sell some tokens, which is the right way to do it. If you want to hold it for a long time, you just need to put it in your local wallet and then delete all the relevant software.

[Fria]

how to establish confidence in buying and selling altcoin because when looking at the price down and immediately want to sell even loss

You don't have to do that because in Cryptocurrency most of the coins that dumped all pump back higher than you bid so you don't lose anything but time for waiting.
Before you invest an Altcoin make sure you're confident in losing the amount because not all coins are rising up, and most of them will take a lot of time to recover.

[Fria]

If you're not confident about anything that you are selling or achieving then you'll probably ended up with a loss.  So i definitely would chose confident over loss. 

Indeed, before investing try to search about the coin, their developers, staff team, media, community and other resources and most of all the price value history which can be seen in coinmarketcap.com.
Secondly, you must invest an amount that tolerable to lose because you can't sleep when you lose a lot of money like you lost in gambling.

[Fria]

This isn`t about confidence, it`d about basic trading rules.... never sell in loss, buy low sell hy.
If you dont have the patience to do trading you will have a hard time because you will loose money.

That's the good point. If the coin that you invested dropped then the you can do is wait until it pumps and sell if you are confident enough and you earned then try to buy when it drops back.
Cryptocurrency Trading like ancient way of trading is buy low sell high style and most of people do the same in order to earn more profit.

[Laga08]

If you are too emotional, you have no place in trading. Understand the main thing until you sell a coin that went down, you lost nothing. Hold!

[paxmao]

how to establish confidence in buying and selling altcoin because when looking at the price down and immediately want to sell even loss

If you work short term, taking a 10% loss is an everyday thing. But at the moment is quite difficult to go wrong in this inflated market where money is flowing to both good and bad projects.

There are many good sources of trading education out there. Not get rich schemes, but real trading courses that will teach you at least the basics to answer your question on case by case basis.

[liuqi]

how to establish confidence in buying and selling altcoin because when looking at the price down and immediately want to sell even loss

Investing on altcoins is seems consider as the one type of investment like you do on the share market movements. So that is the reason altcoins investors are being part of any trading site and keep on sell the coins when the find the growth with those coins.
Expect bitcoin and ethereum, almost all the cryptos has been sold in the certain time of holding that when the price bumps and sell it out when the value reduced.

[Fria]

If you are too emotional, you have no place in trading. Understand the main thing until you sell a coin that went down, you lost nothing. Hold!

Indeed, it's the best option if you don't want to lose your investment.
Some of the members here are investing the coins they got from bounty campaigns and try to divert into their favorite coins but some were not lucky and sometimes they face bad choices but that's alright, as long as we don't lose our hard earned money, that's ok

[Irkytsk38rus]

how to establish confidence in buying and selling altcoin because when looking at the price down and immediately want to sell even loss

Remember the main rule is not to sell at a loss, wait for growth and do not panic like the whole market, then you will have success

[UnusualLeech045]

Don't be afraid of loss, its normal particularly that you are investing. Be patient and learn from your experience. You can't earn a lot if you stop believing on the coin you have invested.

thank you pack away the cell button when the price goes down and sleep then clay a few weeks or months and hopefully the coin is more expensive than the purchase price

Yeah, being nervous all the time is not a good trait in investment. Be confident on the coin you have investment, a loss is normal so expect to receive some and learn from it.