asyakashi
Sr. Member
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Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
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May 27, 2018, 07:08:58 PM |
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The hardest part is controlling the emotions, making the decision to hold or CL. this requires experience and emotional control. and panic is the biggest enemy of a trader, forget your token and relax in trading.  If you cannot control your emotions,then i think trading will not work out for you.Trading is all about profit so you should know the best things to do especially if you are facing tough times in trading.Panic selling will make you lose in most of the times but there are times also that it will create a positive result than just holding your coins throughout the year.The desicion is all yours that's why you have to be flexible and cautious all the time. I have been doing it for 3 years, I keep learning from various sources. many people who support me to continue to be patient in trading, yes my friends help a lot. including you. Trade is not an easy job, just a madman who says this is easy.  Good for you mate for those experiences that you have, and I can see that in the future you'll be a wealthy person. All we need to do is to be strong and don't be weak, because if you're lack of determination even though you have that skills and trading experience its nothing when you let panic controls you. Thanks, I've given up and today only saves a few tokens. I usually trade when BTC is stable, it's better because bitcoin will change everything. I mean the altcoin price will change following the bitcoin price. Thank you very much for your support. |
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Best Dreams
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May 28, 2018, 07:37:07 AM |
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We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
Yes it's better to trust in our experience and don't panic.As you go on there's something in moving forward that is waiting for us to increase in knowledge and blessings. While if you are in panic it might lost all what you have and becoming stressful. Yes no doubt our experience is our great teacher that teach u alloy of things and help us to remove all those things from our life that we are weak at, mistakes happens and we learn from it. As much as we learn we gain more experience and we get stronger with it, so this way we learn that panic selling is just full of lose nothing else being rush for selling crypto is not a wise decision all these thing I have learnt gaining my own experience. |
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BartS
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May 28, 2018, 01:59:35 PM |
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Psychology is important to the success of a trader so staying calm in times of market fluctuations and make wise decisions will help investors easily succeed in this market. Try to learn a lot of knowledge from experienced people and the internet, books ... that is the knowledge you need to do as a trader.
Your mentality is key not only in trading but in every aspect of your life, there have been many studies of this especially in sports and scientist have determined that your inner beliefs have a very strong impact especially in the moments of great pressure, so if you think that you can solve a situation no matter how difficult things may be you will be calm and collected and will evaluate your options with a cool head something that is critical if you are a trader. |
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oceantiger
Jr. Member
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Activity: 308
Merit: 8
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May 28, 2018, 02:20:45 PM |
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That is the spirit. You must trade with your plan and there must be a stop loss and take profit. Any one that comes first should be accepted as the result of the days trade. Do not revenge trade whenever you lose trade. If you do you will lose more.
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gurupauts
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Activity: 420
Merit: 11
DISRUPTING THE $23.5 B SCIENCE PUBLISHING INDUSTRY
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May 28, 2018, 02:49:24 PM |
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to become a successful trader then we must continue to learn and dare to take risks because of experience then we will know and be understand about trading and risk from trading, experience is a good teacher
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jerowacik
Legendary
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Activity: 1162
Merit: 1000
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May 28, 2018, 03:22:23 PM |
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Instead of panic selling I advice you to focus on Fundamental strength of coin, its future prospects, its competitive advantage and remember the reasons whi did you buy it.
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supine
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May 28, 2018, 03:56:20 PM |
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We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
As for me, panic selling won't help us gain good profit and won't help us grow as traders. The best thing to do as the market price drops down is to keep calm and be patient because there would still be a bigger chance for us to gain better rewards by waiting. |
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sabarr
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May 28, 2018, 04:07:58 PM |
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if you want to trade it must be able to control emotions well and do not panic when the price drops because it will only make you lose if you panic sell, so better stay calm and learn from your experience
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gilangIDR
Legendary
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Activity: 1526
Merit: 1001
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May 28, 2018, 04:15:07 PM |
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We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
Panic is something that arises from ourselves when we are under pressure to make a decision. Usually panic happens when we think that we will experience losses and how to minimize losses. Maintaining our emotional state will help us in resisting the panic. Now I believe that panic can determine how the future will be achieved. Simply stated that our future will be influenced by how our actions in making decisions quickly and precisely. Please note that it all depends on the emotional state of a very important patience. |
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electron-coin
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May 29, 2018, 11:04:52 PM |
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Yes you are right. Never need to give in to a panic sale. Panic is our evil enemy. You need to deal with these emotions, otherwise they will make you bankrupt. This is why all successful traders are very serious learn to control these emotions. In this forum (and not only here), I saw traders (and more likely non-traders) who succumbed to panic and sold almost all their coins in the spring for cheap. The conclusion is one. You need to believe in crypto currency and the fact that it has a bright future!
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BartS
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June 01, 2018, 05:38:50 PM |
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Instead of panic selling I advice you to focus on Fundamental strength of coin, its future prospects, its competitive advantage and remember the reasons whi did you buy it.
This is excellent advice, when investing in a coin you must concentrate on the most important aspect the coin itself and all the circumstances surrounding it, people most of the time just look at the price when deciding if they are going to buy a coin and this is a mistake you need to focus instead of what characteristics the coin has and see if it can become successful in the future, if you invest with that mentality then you will surely find good coins that are worth holding for a long of time. |
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AakZaki
Legendary
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Activity: 2310
Merit: 1076
zknodes.org
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June 01, 2018, 07:21:20 PM |
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in trading there should be no word of panic, because it will only damage our concentration, when concentration is lost therein the loss will be seen in plain sight.
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Mr.ZODIAC
Member
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Activity: 336
Merit: 11
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June 01, 2018, 07:35:55 PM |
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in trading there should be no word of panic, because it will only damage our concentration, when concentration is lost therein the loss will be seen in plain sight.
It seems to me that panic mood is subject only to beginners or not an experienced trader. In any case, every professional knows his work and firmly analyzes all his activities so that the results are of high quality . |
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biboy
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June 01, 2018, 07:57:33 PM |
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in trading there should be no word of panic, because it will only damage our concentration, when concentration is lost therein the loss will be seen in plain sight.
It seems to me that panic mood is subject only to beginners or not an experienced trader. In any case, every professional knows his work and firmly analyzes all his activities so that the results are of high quality . You are right, we need to trust our trading experience more than anything else because we should have not starting trading without any experience, so for me, I would rather stay calm first and would not go to trading without any basic knowledge rather than entering on it but it will just cause me any trouble. |
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ici_lemmy
Full Member
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Activity: 254
Merit: 100
Hydax Exchange
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June 01, 2018, 08:04:36 PM |
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Yes, I totally agree with your view. You cant trust anyone in this market. they just wanna scam you to get your money. Do not sell or hold without information. And the most important thing is that must be real infos
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Kamarah
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June 01, 2018, 09:28:50 PM |
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I agree with you. You need to be patient in trading. Trust yourself is the most important factor. If you cant trust yourself, you will become panic and you can not make a right move in trading. Therefore, you need to control yourself and learn as much as you can. The more knowledge you have, the more confident you are.
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intoy_victor
Member
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Activity: 266
Merit: 16
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June 01, 2018, 11:03:01 PM |
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Exactly, just trust your trading strategy, experience and don't panic even you fail or you success. Experience is the best lesson you ever learn specially if you fail because you will adjust and try again until you success. Never give up, try and try til you success.
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MiXxe
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June 01, 2018, 11:16:12 PM |
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Attitude and experience matters a lot. If we only focus one, there will always be one that will lack. If we have a lot of experiences, for example, we have experienced to gain so much and lose a lot. We have experienced new things and such. Then will be very helpful because that will means that you are knowledgable. But if keep on being negative and forget to have good attitude, all those experiences are nothing.
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Saidmod
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June 01, 2018, 11:24:27 PM |
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We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.
Yes, if you have skills trust yourself but if you don't have any because you are a Beginner you can get some ideas to others and site like tradingview. Panic sometimes good and often worst to happen after you panic. You can't be a gold trader when you did not experience it so don't be afraid but never to do it again and again without adjusting. |
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richardfisk
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June 01, 2018, 11:43:56 PM
Last edit: June 10, 2018, 11:22:52 PM by richardfisk |
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I agree with you. Believing in ourselves is one of the ways making us success in cryptocurrency. You can not make a good move in trading if you don't believe in yourself. Be patient and the money will flow into your pocket. Panicking can not solve anything for us. Therefore, we better not to be panic if we want to earn money with trading
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