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Author Topic: Trust you trading experience and don't panic  (Read 91964 times)
bitcoinmasterlord
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June 19, 2018, 02:52:13 PM
 #261

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 you should, you must have confident with yourself even though you have lack of experience in this field still you must try and if you loss let it be, just be sure that you'll learn from that mistakes because no ones perfect, even those folks who are now successful had been in that situation before. And most important to remember is don't panic because it will only make the things more worse.

And what can the beginning traders do? I guess that they feel at a loss now. They were probably expecting to get the best profits very soon, and the market started to fall. I hope they will not panic and keep calm.
This is a form of learning in doing Trading. Science and skills will not exist unless we have the will and the experience. Experience will help us in making decisions. Believe that when someone has a lot of experience then they will be ready to deal with various conditions so that they will get good results. Trading is a job that requires knowledge, skills and experience. So keep trying and do not be afraid to try because it is the beginning to success.
Well said where there is a risk there is a profit. if you afraid after getting lost in beginning and give up in the beginning stage then you will not succeed in any business. As you said trading is not a game it is a job put more effort and learn how to handle various conditions then only you can become an expert trader and you will make money in trading.
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June 19, 2018, 03:02:14 PM
 #262


By having experience in the field of crypto trading long enough and a lot of financial capital, the more make me confident in facing the development of crypto market that increasingly not conducive. At least not make me panic or despair.i
tothanhtuan
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June 19, 2018, 04:31:59 PM
 #263

Have some money in fiat in case we have a prolonged bear market and 1/3rd to half in case market takes off. Peace of mind and oppfortunity to capitalize long term in bear market and an opportunity to profit short term to midterm if market sentiment changes
Markperop
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June 19, 2018, 04:51:21 PM
 #264

Have some money in fiat in case we have a prolonged bear market and 1/3rd to half in case market takes off. Peace of mind and oppfortunity to capitalize long term in bear market and an opportunity to profit short term to midterm if market sentiment changes
The fact is that it is better to use good resources, where you can quickly exchange Fiat for crypto currency or vice versa. But if you hold real money in the crypto currency, then you need to take the amount that does not greatly affect your home budget.

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June 20, 2018, 03:36:30 AM
 #265

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.

For experienced trader, patient and keep calm on bad market condition can be maintained but it will be difficult for newbies since they do not know sufficient information and knowledge to be patient and calm.

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June 20, 2018, 05:00:58 AM
 #266

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.

For experienced trader, patient and keep calm on bad market condition can be maintained but it will be difficult for newbies since they do not know sufficient information and knowledge to be patient and calm.
well, but if we compare it, experienced traders, with new ones, of course new ones are very much, and it could be one of them is what can make bitcoin prices into dumps. But, we do have to start from ourselves. keep calm and do not panic, and always make the right decisions.

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Gtrust233
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June 20, 2018, 05:11:06 AM
 #267

highly trusted your word when we panic and sell we are lost , always hodle your coins. trick is patient.
knightmairesaint
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June 20, 2018, 07:41:41 AM
 #268

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.

For experienced trader, patient and keep calm on bad market condition can be maintained but it will be difficult for newbies since they do not know sufficient information and knowledge to be patient and calm.
well, but if we compare it, experienced traders, with new ones, of course new ones are very much, and it could be one of them is what can make bitcoin prices into dumps. But, we do have to start from ourselves. keep calm and do not panic, and always make the right decisions.
I know that newbie traders are the ones who contribute the most to the dump but we should not blame it all to them. There are so many things that can affect the price like the market volume, popularity, investors,  bad news and etc. The whales which are active when there is a price dump could also be the reason why the dump happens. Imagine this, they have the money to invest at dump prices which could also mean that they have enough to sell which leads to a dump, right?

It has only been a year since I joined here and when it comes to trading, my experiences are the ones that thought me the best lessons. Yes it is normal that we became worried when we see our investments losing profit but panicking won't help you in getting it back.  

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checkmatesir
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June 21, 2018, 01:41:01 PM
 #269

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.
Patience and courage to bear the loss in mandatory in bitcoin investment. Earning money is not easy in any sector of life. It is cryptocurrency and anything could be happen in the future. So don’t be panic and continue trading on daily basis. If you know the situation of the market you can make handsome money from bitcoin trading.

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June 21, 2018, 03:21:00 PM
 #270

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.

For experienced trader, patient and keep calm on bad market condition can be maintained but it will be difficult for newbies since they do not know sufficient information and knowledge to be patient and calm.
In this respect, my opinion is very simple. Each newcomer risks his money if there is not enough experience or knowledge. Therefore, it is necessary to simultaneously study information on the trade in crypto currency and participate in Bounty companies in order to earn seed money.
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June 21, 2018, 05:03:22 PM
 #271

Hello, yes, I agree. I always say this, that selling in a panic, you do worse only to yourself. I will not sell everything that I have in a falling market. 
 
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June 21, 2018, 05:44:01 PM
 #272

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.
Of course you should not trust to anybody. Because only you are responsible for your actions and nobody else. All these predictions in groups and channels about calls on crtyptocurrencies market are based on the general expectations of all market participants and they do not protect you and your money from whale manipulation.
annango
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June 21, 2018, 06:11:20 PM
 #273

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 dont think the best way to earn profit is hodling even when the market is bad. Firstly the crypto market fluctuate very big and very fast, if we aren't untimely cut loss when the market goes down then we can be lost most of capital. The best i advise people who want to join this market should equip yourself with the necessary knowledge, especially technical analysis knowledge that will help you determine the trend of market.
sana54210
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June 22, 2018, 06:38:44 AM
 #274

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.

For experienced trader, patient and keep calm on bad market condition can be maintained but it will be difficult for newbies since they do not know sufficient information and knowledge to be patient and calm.
Even the new guys in the market can tackle the challenges if they have some good knowledge about the market and are good in technology. Sometimes the people in the market just fear the loss and even sell in the red market which is something that hurts a lot.

Besides, selling in the red market also contributes to the red market and further decreases the prices. In my opinion, one can really play the crypto game without a loss only if one has a wise mind and in the same time passion and patience.
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June 22, 2018, 07:29:20 AM
 #275

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.



Experience is also important but dont keep relying on it ,inorder to success in crypto trading you must educate and engage yourself espescially those different analysis and others,  dont forget when you enter trade you should use your brain during corrections and in trading.
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June 22, 2018, 11:21:26 PM
 #276

Even if you buy bitcoin, your psychology in some situations will still fluctuate vigorously and panic because you have a clear understanding of bitcoin, you have a belief in it, you know everything will stabilize again even when the bitcoin goes down. But also because you have this mood, when bitcoin constantly goes down and goes down, it does not recover like what you imagine, your psychology will be more annoying than ever, hope too much but more despair, boredom will be born, panic and sell is what you will do. So I can only say that people can trust experience but not panic, that is impossible
It is obvious some people will panic even when they are holding bitcoin, in fact we saw this in the recent crash, however the mechanics are the same, those that sold in panic did it because they bought bitcoin for the FOMO without really understanding what bitcoin is about so when they saw the price going down when some whales began to cash out they panicked and now they have learned a lesson that they will never forget, never invest in something you do not understand.
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June 23, 2018, 02:20:21 AM
 #277

when I trade I never panicked, because I have been trading for a long time, I never panicked when the market falls and continues to break up, the important thing to be patient and also keep trying.
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June 23, 2018, 03:06:40 AM
 #278

I can tell from my own experience that, newbies make a lot of mistakes and then learn to deal with the situation at the expense of loss of time and capital. I have lost my entire capital multiple times in my initial days of trading when I used to trade based on others opinion and in most of the cases it was wrong.  Later when I started relying on my own experience and research, I have noticed a significant improvement in my trading and investing decisions. Thus I believe that we should have faith in our research irrespective of the market conditions.
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June 23, 2018, 09:22:35 AM
 #279

If traders often panic when exchange rates do not increase in a short period automatically losses are hard to avoid and they are not sure when they want to invest in the future.Perhaps the key to success in investing just be patient and continue to have an optimistic attitude in the search for income.

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June 23, 2018, 11:22:38 AM
 #280

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.



Experience is also important but dont keep relying on it ,inorder to success in crypto trading you must educate and engage yourself espescially those different analysis and others,  dont forget when you enter trade you should use your brain during corrections and in trading.
And this is something that does not even cost you a penny. Using brain is for free and the more you use it, the sharper you grow. Besides, using it in taking investment decisions in crypto is also a skill. Some people simply invest without evaluating the crypto in the market.

Also one should look back at the times of loss. Look what went wrong and how can you modify your plans and strategies to prevent further losses.
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