Trust you trading experience and don't panic

[ajochems]

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 worst part of trading. It mostly occurred with the new traders,sometimes with experienced trader too.In a month of March,bitcoin was stable for 6000-6900$.In such conditions, even experience trader will get panic.Instead of panic selling, you can hold it with some hope.

[hhussain]

If everyone follows these rules then the market will start to grow again. Because when people get panic and sell their coins in the panic market goes more down and more panic increase everyone should hold their coins if they want to earn good profit.

[husencoe]

We know the price of crypto asset is so volatile. It mean the price will be up or down anytime. The solution is hold your asset when price going fall. This is why trader need someone that have good feeling/emotional and patient. If you panic when price dump, you will lose and you never success in trading. Maybe you can tray mining for other way to get profit.

[pey]

what if you have no experience? I have been trading coins for 2-3 years but still I can't trust my experience because trading is very difficult and there is no standard for me.

[supermine]

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.

There are two types of selling from the traders when the price starts to fall,some traders will get panic that they will lose their capital and others act smart by selling them now and buy when the price reached bottom.As you said patience is important while doing trading with cryptos and also we need to builtup our decision making abilities at these conditions to be a successful one.

[just_Alice]

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 don't think it's traders who do most of the panic selling, experienced traders make profit of drops in prices. It's investors who do so, especially newbies, as they've heard that a certain cryptocurrency has a potential and then saw that it's dropping they think that they've made a mistake and sell everything off.

[carlfebz2]

"not selling" doesn't necessarily mean you are not panicking! in fact sometimes if you don't sell it means you are panicking. for example when you are bag holding some pump and dump altcoin and that coin is getting dumped and you don't sell, that means you are "panic holding" and that is a big mistake because it leads to a huge loss on your part because the dumpers aren't going to stop anytime soon.

it is important to pick your moments, sometimes it is best to sell and sometimes it is too late to sell and sometimes it is best to hold. you just have to figure out which action is the right thing for that time, you can't have the same solution for every situation!!!

Experienced such scenario when the time ive been keeping holding a coin because it already negatives my capital but it doesnt mean that holding isnt a sign of panicking. You do hold but you are feeling like burning inside due to worry and stress.This is why not all experienced traders dont sell off because there are always times that where traders do able to know on when to sell for the most profitable range.If you do go for long term then the thing mentioned on OP is applicable.

[MAsterCoiner]

Trading is not an easy job. We should be ready to lose and earn both. In any kind of tradings, People don't lose because of their own faults but because of the market conditions, geopolitical tensions, regulatory and legal hurdles, volatility and their own fears and greeds. So anyone wants to become a good trader must gain experience first and should believe in their own guts than any papers sent by a random analyst.

So first and foremost, Trade with a small amount and get your feet wet. Then do your job.

Just a personal opinion. Not a financial advisor.

All rights reserved, @ MasterCoiner , 2009 - 2018.

[MiF]

"not selling" doesn't necessarily mean you are not panicking! in fact sometimes if you don't sell it means you are panicking. for example when you are bag holding some pump and dump altcoin and that coin is getting dumped and you don't sell, that means you are "panic holding" and that is a big mistake because it leads to a huge loss on your part because the dumpers aren't going to stop anytime soon.

it is important to pick your moments, sometimes it is best to sell and sometimes it is too late to sell and sometimes it is best to hold. you just have to figure out which action is the right thing for that time, you can't have the same solution for every situation!!!

Difinitely mate, sometimes we regret of not selling while the price spikes during the time it reached higher value and yet you hold. Eventually you'll realize the price started to crash but you felt you're in regrets of not grabbing the opportunity of a sustainable profit. Sometimes we don't know yet when to demand for fiat cash for your special expenses and you'll be forced to sell even though you're controlling yourself from dumping the current holdings you had.

[Iceblast]

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.

the panic will only make us lose because we can not control the profit maximally, so even though the situation is not good I think we should stay calm and master the science of trading, so that's what makes us can still get profit.

[kojoannan]

Trading should be done without impulse from the trader. Trade what is in front of you and not what you think the market should be. If you don't trade according to how the market is behaving, you must end panic selling all your valuable coins.

[slashz9]

it's good to not panic, but you have to know when to sell and hold, because not forever the coins you hold will go up or down, it's important to know the right moment, because each coin has a different problem you can not apply the same strategy for all coins.

[richcorner100]

All decision buy or sell during trading will be much better according to analysis and not base emotions, sell as soon as possible because based on fundamental analysis and bad news is great action in trading to avoid big loss and to make others profit. But panic sell without any analysis will just make loss opportunity to make profit.

[Jesabela04]

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 think the best thing to do is not to panic in times of red market. The prices might drop down but we should bear in mind that it is just a part of the journey of crypto's votality. We should just keep calm during these situations and just always look at the brighter side of being patience.

[lehuong]

panic state will not be good for you will make you quickly forget and manipulate the transaction will be susceptible to the impact so it is best when the transaction you should calm and confidently confidently check the information step by step accurately will help you make transactions safer and more accurate

[ahmad21]

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 think the best thing to do is not to panic in times of red market. The prices might drop down but we should bear in mind that it is just a part of the journey of crypto's votality. We should just keep calm during these situations and just always look at the brighter side of being patience.

I fully agree with you. We should have faith on our experience or judgments. People nowadays, are completely out of patience. They panic so quickly on seeing their investments falling. But they should understand that ups and downs are a part of the trading market. So we should not sell it out panic as it you might lose the possible future profits. A good trader is a person who along with TA skills has a good sense of judgement and a lot of patience too.

[Kambal2000]

I fully agree with you. We should have faith on our experience or judgments. People nowadays, are completely out of patience. They panic so quickly on seeing their investments falling. But they should understand that ups and downs are a part of the trading market. So we should not sell it out panic as it you might lose the possible future profits. A good trader is a person who along with TA skills has a good sense of judgement and a lot of patience too.

I know that all of us here before entering trading we are all doing a research about the coin and at least have some basic knowledge with what we are doing so no reason for us to panic all the time, don't worry much about what you are doing, be courage and take risk, if you lose at first try  don't be disappointed.

[pankowri]

If you have faith in your work,success comes.Must be careful about the transaction.It is not possible to get rid of the dealer if you have work skills.During the transaction, the correct coins should be invested.And panic can not be sold by coins.People make a wrong decision in panic.Selling coins in this critical time means that the price of Bitcoin is brought down.Therefore, do not take tension and keep chills.

[Apiapik]

Experience is the wisest teacher. With experience we can learn a problem properly. We will not panic in solving a case, because we have experience in the field.

[krauzzer02]

If everyone follows these rules then the market will start to grow again. Because when people get panic and sell their coins in the panic market goes more down and more panic increase everyone should hold their coins if they want to earn good profit.

Panic seller will never cease to exist they are the basic fluctuation of the market and they are common on every cryptocurrency that we know most commonly it happens when some cryptocurrency are badly crashing, it is part of our selves if we lose our coolness, even some experienced trader encounter this panic anxiety, you must trust your confidence towards the coin that you are trading, calm your head before making a decision.