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Author Topic: Trust you trading experience and don't panic  (Read 91964 times)
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May 22, 2018, 07:47:17 PM
 #61

It's hard to panic when the whole market is falling ...

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May 22, 2018, 08:57:00 PM
 #62

It is true . panic is not a solution to no loss but it will make you continue to lose. forget the key panic of success in the most important trade in my opinion is not to panic. hold if indeed it should be done do not panic and immediately sell your assets is bad you will continue to lose if it continues so
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May 22, 2018, 10:14:17 PM
 #63

it's not about trust, or luck, just like many people said in here before, it is about skills and market knowledge, you can not expect to make huge gains only by having trust on yourself, that is shit and no one can do that
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May 22, 2018, 10:24:00 PM
 #64

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's true because it's in our every decision where we will belong if we always panicking we hit nothing instead we got stress and loses. Being trader we need to have strong control to our emotions,stop being panic when you see the market is not alright. If you want to earn in crypto you need more patience.

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May 22, 2018, 11:41:20 PM
 #65

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. Wink

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May 22, 2018, 11:54:33 PM
 #66

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. Wink
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.

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May 22, 2018, 11:58:00 PM
 #67

it's not about trust, or luck, just like many people said in here before, it is about skills and market knowledge, you can not expect to make huge gains only by having trust on yourself, that is shit and no one can do that
Market knowledge isn't always a helping factor, especially when you take into consideration that the market with all its variables is very unreliable by nature. In the end it requires a combination of everything to profit.

Trust by default is worthless, so that should never even be mentioned when the subject is trading. Luck is actually a significant factor, and it gains even more significance when you are heavily into day trading.

If skills and knowledge were the sole leading factors, this market would be easy to profit from for the majority of the traders, but that's not the case. The unpredictability of this market can't be beaten with skills and knowledge.

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May 23, 2018, 12:34:57 AM
 #68

Oh yeah, that's a great idea! You have to rely on your experience, be calm and restrained. And do not succumb to a panic sale (which I'm good at Grin). I'm sorry those people who don't believe in the bright future of crypto currencies. I hope they will find a way to return the money lost on sale.

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May 23, 2018, 02:53:21 AM
 #69

If you're a day/short term trader in order to lock profit make sure you plan your buying and selling points ahead and don't wait for the peak of the pump be a little less greedy, and if you're a long term trader be active to forums and news and follow the crowd, don't hold the mentality of holding till moon if you feel the coin is about to get a dump because of news and proofed sayings of crowd the sell. that's all, invest wisely!
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May 23, 2018, 04:14:29 AM
 #70

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's right and we should do that if don't want to get loss. Trust our skill is important trust other people is disaster and I already do that. Even we are new in crypto market but believe in our skill is first step and should not ignore it. We built our future and start with faith is amazing. Do that and victory will be ours.

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May 23, 2018, 05:17:15 AM
 #71

Oh yeah, that's a great idea! You have to rely on your experience, be calm and restrained. And do not succumb to a panic sale (which I'm good at Grin). I'm sorry those people who don't believe in the bright future of crypto currencies. I hope they will find a way to return the money lost on sale.
Yes rely always in our experience because it help us to think and make a good decision to establish a strategy that help us to minimize the risk and earn more profit. Those people who become panic are haven't enough knowledge and experience in crypto world on which is not good because they cause the market to decrease and make a loss but if they have an knowledge they should be hold it because they know the potential of cryptocurrency in the future.

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May 23, 2018, 05:48:43 AM
 #72

Panic is always there only if you are newbie in a place you don't know. I myself had experience too the loss because of my inexperience here in trading as well as i panic because i saw the price went down super fast in my first try of trading. Now, even if i found myself in a sink hole i don't panic at all because i know the price would get back or i know now when to sell or to hold my investment.

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May 23, 2018, 05:55:31 AM
 #73

It's hard to panic when the whole market is falling ...
Yes it is hard to get our nerves when the whole market is falling but if you have experience and you trust the bitcoin then you can hold it even when the prices falling.But the main reason for the panic is the people invested more money then they can afford to lose so they will be in trouble of they lose mkre money that is why we need to understand that never invest more than you can afford to lose in crypto curreny.

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May 23, 2018, 06:17:45 AM
 #74

Energetic, confident, and positive thinking is a cornerstone in trading, not panic and hold is a strategy in trading to counteract the losses that will anesthetize our trade.
Of course very wise to do, so that we avoid the danger of losses that will hit.

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May 23, 2018, 06:24:17 AM
 #75

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's what traders should do to avoid big losses, but sometimes fear always haunts the mind when prices start to fall. actually panic is a very difficult human nature to avoid.

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May 24, 2018, 12:27:28 PM
 #76

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.

This is not true all time my friend but I respect your opinion. Your action will depend if you are trader or long term investor. The logical thing to do if you are trader during sudden drop of price is to cut loss and try another trade in other day. While if you are long term investor this kind of drop is nothing to worry since you are looking at the 2-3 years perspective.

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May 24, 2018, 01:19:42 PM
 #77

it's not about trust, or luck, just like many people said in here before, it is about skills and market knowledge, you can not expect to make huge gains only by having trust on yourself, that is shit and no one can do that
But sometimes luck and trust matters too so even if you are a skillful one or have been trading for a quite long while if it is not your time to get that success it wouldn't favor on your side. But I take that own experiences on trading is very accountable when you are aiming for a high profit here in Cryptocurrency.

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May 24, 2018, 03:46:14 PM
 #78

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.
Most of those that are panic selling do not really have any trading experience that is why they are making those mistaken moves, so what a person with no trading experience needs to do in that case is to reevaluate his strategy, if you bought serious coins that have been in the market for a long time you have nothing to fear, the only thing that you need to do is to stop looking at the markets and do something else eventually the market will recover and you will get profits, but if you invested in some dubious coins then the possibility that you panic is even greater so you need to analyze your coins once again and see if they're worth holding for the long term.
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May 24, 2018, 05:13:31 PM
 #79

I think that this is a good piece of advice! I always stick to this recommendation and never fail! I understand that my success depends on my emotional health and knowledge of the basics which I try to gain daily
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May 24, 2018, 06:39:40 PM
 #80

yes better to trust the daily trading activities and sell in profit instead of panic to market each and every time market will fall and picks up
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