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Author Topic: Trust you trading experience and don't panic  (Read 91964 times)
fluctuations
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June 12, 2018, 08:06:32 AM
 #181

Theoretically so. But to do this is not easy. This is a human psychology. As a good investor, we need to analyze and evaluate the market situation and be patient with what you have analyzed.
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June 12, 2018, 08:15:38 AM
 #182

Yes you can. You can only trust in your prediction after analysing. Do not trust anyone without discussion. Thinking like sharks is all thing you must do
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June 12, 2018, 08:23:23 AM
 #183

It takes a lot of strength not to panic sale especially as a beginner, initially when I started trading I panic sold thinking I've made profit only to watch the same coins do more than 10% of what I sold them for.
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June 12, 2018, 09:55:15 AM
 #184

It takes a lot of strength not to panic sale especially as a beginner, initially when I started trading I panic sold thinking I've made profit only to watch the same coins do more than 10% of what I sold them for.

that is pretty normal for every begginer to panic and do unwanted things because they still have a lack of experience or knowledge in regards to how crypto trading works but as soon as youl learn from your mistakes you can eventually notice that you are now improving.

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Re: Trust you trading experience and don't panic

this will only applicable to pro and experience traders because if you are a begginer you still dont have a trading experience that you can trust on , that is also the reason why newbies usually panic.
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June 12, 2018, 12:24:59 PM
 #185

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.

And fully trust your coins that it will give you a profit that you'll never forget. In everything we do if panic eats us all will just messed up so learn to control the emotion even it's unlikely to do so. Panic won't help us anyway.
but if you are experienced you should be able to think if this will happen and can act how to keep us gain profit in trading, although not large but also not too big losses.
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June 12, 2018, 01:37:16 PM
 #186

Theoretically so. But to do this is not easy. This is a human psychology. As a good investor, we need to analyze and evaluate the market situation and be patient with what you have analyzed.
I truly believe that experiences can teach us a lot more valuable than what we only read and know. But sometimes we can't trust our gut feelings, sometimes we shouldn't have to just rely on what we have known and experienced instead we should always practice and trained our mind to keep on discovering things more about cryptocurrencies.
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June 12, 2018, 02:47:19 PM
 #187

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.

And fully trust your coins that it will give you a profit that you'll never forget. In everything we do if panic eats us all will just messed up so learn to control the emotion even it's unlikely to do so. Panic won't help us anyway.

and stay calm if the market is down so we can find a solution to prevent a big loss. the emotion factor can make us become panic and we should hold the emotion to not have a negative mindset. always watching the price in the market and to analyze for the trend so you can know where the price wants to go or at least you can get the sign about what you need to do in the next hour. it still needs more experience to not getting panic but I am sure that we can do this.

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June 12, 2018, 02:54:27 PM
 #188

How about for the beginners who totally have no experience and such?
We also have to consider them as as they are now called traders, e also need to support them because they are also part of the market.
For the beginners, I would suggest that as young as they in trading, they should try to be curious and at the same time cautious. I believe not all experiences become learning so maybe they could just learn from others' experiences.

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June 12, 2018, 03:10:17 PM
 #189

I agree if you hold the right coin. Not to be panic is relative hard for newbie. Sometime your experience little bit in different condition, that's why people cannot learn from their experience instantly.
And how do you know if its the right one?
I try to analyze news and rumors, but not all of them behave the same and trading rates
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June 12, 2018, 04:54:08 PM
 #190

If you have been paying needed attention to your trading history,  you must-have discovered golden lesson that would have informed you trading skill and method in such a way that you can always win your trade!  Your trading experience is your goldmine,  you can always rely on it to make good trading decision! 

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June 12, 2018, 04:58:19 PM
 #191

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.

We already came from this kind of situation last year, the market prices are all decreasing because ico's in china are banned last year and everyone is panicking in the market to sell their coins but still bitcoins managed to reach $19k dollar before the year ends so you should already know how to act in the situation like this.
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June 12, 2018, 07:48:46 PM
 #192

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.

That is why your target goal is important. You have to stay calm and make your target price atleast you have basis when to buy and when to sell your coins to avoid panic selling and avoid losing you money.
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June 12, 2018, 08:08:12 PM
 #193

Loss and profit is proper thing in trading, the most important if you get loss, you will learn which part of your mistake and try to not repeat it in the future, don't be panic is also good option when do a trading, because you will get little profit and sell in wrong place if you getting panic. And you must trust your experience in trading, don't believe any news or anybody.
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June 12, 2018, 08:37:59 PM
 #194

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.


I agree with you. Too much oanicking during the price drop down won't help us grow as traders. It is best to hodl as long as we can right until we reach the best target value to maximize our gain. We don't have to worry as long as we are confident about our hodlings.
It is not time to get worry but we need to be confident and learn about how it will grow well, I think if we buy bitcoin or any coin we will have to be trust our internal skills for trading and never think about panic no matter what will be the situation, price use to increase and decrease but we will have to act accordingly as hold when it is low and sell when it will be high.

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June 12, 2018, 10:27:37 PM
Last edit: June 13, 2018, 08:35:14 AM by The cure
 #195

If you are in crypto trading,you should prepare your capital for whatever can happen it all.To panic when everytime you heard  a negative news about crypto,and down of price in the market,will never help you to become a successful trader. It is good to have first a more knowledge in trading before you will start it.
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June 12, 2018, 10:47:14 PM
 #196

I agree if you hold the right coin. Not to be panic is relative hard for newbie. Sometime your experience little bit in different condition, that's why people cannot learn from their experience instantly.
And how do you know if its the right one?
I try to analyze news and rumors, but not all of them behave the same and trading rates

Good question there, because everyone has their own definition of the "right coin". Some are  just basing on their intuition and out of thin air they believe that its the "right coin". While others tends to check the historical data of a certain coin, check the market/trading volume and other technical stuff. Every coin or token could be right as long as youre making profit out of it, if not, then its more likely you have the "wrong coin".

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June 13, 2018, 05:14:26 AM
 #197

Waiting for the right time to trade is the most valuable you can have in cryptotrading.
Even if you see that rates go down it doesnt necessery means you have to sell

Do you think that now, it is the right time to trade? I suppose that a professional trader can stay in his business even when the market is bleeding: he simply finds the new alts.
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June 13, 2018, 09:19:51 AM
 #198

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.
Its a big YES, if you are in trading, you can not really panic, because you know that's what's going to happen, it can go down and it can also increase, experience in trading is a good idea to wait.
Yeah up and down, profit and loss are the parts of business and bitcoin investment is a coin business and successful and experienced trader can make money from bitcoin trading. Regular observation will make you able to buy bitcoin on low price and sell on higher price. I know it is not easy but also not too difficult. No business can give you profits without struggle.
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June 13, 2018, 09:48:13 AM
 #199

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.
Its yes, during my long time trading experience I have not panic yet, because I know every action or move of cryptocurrency just in case it goes down, over a period of time being a trading too much I made a mistake, so that mistake was a lesson for me.

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June 13, 2018, 10:12:24 AM
 #200

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.
We know that can cause of panic . if you are panic you can loss you need to be strong and dont panic for it ehen you are paniced it means you didn't trust yourself being experienced to trade.keep it up you can do it
Panic selling is not advisable at all, if you sell at panic it mean you are digging for lose not for profit, it is really great of you don’t sell at panic even if the price goes down enough, bitcoin has volatile nature it gets high and down but you will have to deal with it using patience and trust for bitcoin so don’t panic you are going to earn really high profit.
Of course it is not good t panic when you have greater chance of earning with trading and investing, if you are well skilled trust me you can earn the great of profit so no need to sell at panic your all savings, if you are at red market phase even then no need to panic, as in crypto trading fallen price rises very high but panic selling will dig at well of lose for you.
We can not make good profit unless we do not follow the market rules and principles which is the basic knowledge. Further more the market is not for panic sellers as we know that it is the business of a calm and patient person who can handle and goes with situations according to the market rules. In case if you did a mistake and if ever have gone through the panic experience then you will not repeat that again.
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