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Author Topic: Trust you trading experience and don't panic  (Read 91964 times)
dadabosade67
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June 16, 2018, 07:35:10 AM
 #241

Experience is useless in this freaking market. The only way to win is to play with big whale who can manipulate the market
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June 17, 2018, 01:48:22 PM
 #242

Yes, you can trust your trading skills when you already have enough experience, if you do not have a better enough experience to trade in small quantities, and panic is the cause of the later number of coin prices to knock. You hold the right coin. No need to panic it relative. Sometimes your experience is a little under different conditions, that's why people can not learn from their experiences instantly.
This is one of the biggest reasons of why people panic, if you buy a coin like bitcoin then you are not going to have any reason to panic which is why most of my money is invested in bitcoin, but the problem is if you invest in the coin which is at the 500 spot in the market cap and you do not know anything about it then the most likely outcome when the coin begins to go down is that you will panic and at that moment everything is lost since the chances you sell for a bad price are almost 100%.
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June 17, 2018, 02:04:11 PM
 #243

Experience is useless in this freaking market. The only way to win is to play with big whale who can manipulate the market
Because your experience does not make you sure to get a better income. You will only blame someone else when you get a loss, whales will not affect the profit you get, the target that you plan before will make you stop and not be fooled by the way whales. So, stop telling us the experience useless for you, this is will only make you fooled by others.
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June 17, 2018, 02:42:19 PM
 #244

Yes, you can trust your trading skills when you already have enough experience, if you do not have a better enough experience to trade in small quantities, and panic is the cause of the later number of coin prices to knock. You hold the right coin. No need to panic it relative. Sometimes your experience is a little under different conditions, that's why people can not learn from their experiences instantly.
This is one of the biggest reasons of why people panic, if you buy a coin like bitcoin then you are not going to have any reason to panic which is why most of my money is invested in bitcoin, but the problem is if you invest in the coin which is at the 500 spot in the market cap and you do not know anything about it then the most likely outcome when the coin begins to go down is that you will panic and at that moment everything is lost since the chances you sell for a bad price are almost 100%.
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

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June 17, 2018, 04:26:34 PM
 #245

it is difficult at some point, i think that the best thing to do is just to follow some strategies and then you should try to make as much profit as you can while you are on a good market condition

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June 17, 2018, 05:57:53 PM
 #246

It is good to have first a more knowledge in trading before you will start it. 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
In any case, each trader can have successful and unsuccessful moments. Everyone reacts to all these situations in his own way. Therefore, panic and discontent are always subject to man, and the whole thing is how exactly everyone copes with their emotions.
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June 17, 2018, 07:33:19 PM
 #247

Yes, you can trust your trading skills when you already have enough experience, if you do not have a better enough experience to trade in small quantities, and panic is the cause of the later number of coin prices to knock. You hold the right coin. No need to panic it relative. Sometimes your experience is a little under different conditions, that's why people can not learn from their experiences instantly.
This is one of the biggest reasons of why people panic, if you buy a coin like bitcoin then you are not going to have any reason to panic which is why most of my money is invested in bitcoin, but the problem is if you invest in the coin which is at the 500 spot in the market cap and you do not know anything about it then the most likely outcome when the coin begins to go down is that you will panic and at that moment everything is lost since the chances you sell for a bad price are almost 100%.
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
Even you are optimistic on crypto but current situations that do happen on the market today will gradually swallow you up and those positive views would turns slowly to negative thoughts and hesitations later on. For those people who do said they can control already their emotions for them not to panic but i still believe that hesitation would always be there specially when the market will really be very bearish or bloody.Trading do involves emotion and if you are weak on this spot then expect mistakes to happen.

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June 17, 2018, 07:47:07 PM
 #248

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 right. I agree that there is no better basis to guide you in your ventures in this market better than experience. Although it is certain that to be successful in this market, one should check on many prevailig factors that might make or break one's investment, I think experience is still the best to consider. Once a person gains useful knowledge and experience, the actualness of such gains can sometimes overcome technical knowlege.
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June 18, 2018, 12:08:05 PM
 #249

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 so we must also trust our coins. As long as we are hodling a potential coin, we must confidently hodl it without any hesitations. Panicking won't help us so we must just trust our previous experiences in trading. Let's just be hopeful with crypto because the changes is just a part of it's votality.

This also requires a grade in knowledge, and skill in researching, because if you have made some research about the project, and you'll find out that this is trustworthy investment, you should keep the faith till the end.
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June 18, 2018, 01:36:39 PM
 #250

yes I agree because the experience is the best teacher and you can learn from your experience you will know what to do when the price goes down, no need to panic, stay calm and patient
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June 18, 2018, 02:02:55 PM
 #251

I think the experience of trading to be a good teacher to be successful in trading, and we must believe that the price will definitely rise again and true, if the price drops then there is no need to panic selling because it will only make us lose
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June 18, 2018, 02:25:58 PM
 #252

There's no need to panic if you know what you are doing or simply believing that cryptocurrency will skyrocket one day. Although there are no guarantees about the exact period of time of going up and its high volatility, it is essential for us to believe that it will rise. During the past years, Bitcoin and other cryptocurrencies are going up and down until now, and we should learn to embrace it. The basic principle of buying low and selling high by Warren Buffett is still effective as of today, for both traditional stocks and cryptocurrencies.

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June 18, 2018, 03:07:34 PM
 #253

once we getting panic, we cannot analyze every coin in the market and we can lose more big without any chance to recover. the market will always up and down in anytime and we need to know about this and we need to have another strategy if we face this in the future so we know what we need to do next. and it is better if we can use our experience in the past to help us to still survive in the market so we can make a good decision during the downtrends.

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June 18, 2018, 03:08:33 PM
 #254

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.
true, even if the situation worsens in trade we must remain strong to hold back, do not panic immediately and decide to sell, because you will only get a loss if all the profit you have sold when the price slumped.

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June 19, 2018, 10:37:41 AM
 #255

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 lm basing on  what Ive seen on my cousin because l monitor how he get a profit on crypto that's why l want to experience also the good life he has now. He is a student but build his own house and cars. So l want to have it also as  part of bitcoin to be rich.
Crypto business is not an emotional movie as we know that it is a source of making money using your knowledge to make good decisions. Do not get panic and keep your emotions on the brink and just consider trading as your gravest responsibility so that you may not go in the wrong direction and always you will upgrade your experience by doing trade continuously.

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June 19, 2018, 10:37:53 AM
 #256

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.
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June 19, 2018, 11:02:08 AM
 #257

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.
seinzein
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June 19, 2018, 11:15:48 AM
 #258

But recently will not wonder if many people doing panic.
Because se it's not usually happen.
But for me, i will not sell my coin if i got lower price, i will hold it,
I don't know but i believe it will be good soon again the price of all coins.
Except i need money so much, then i sell it 😂

creeps
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June 19, 2018, 11:20:15 AM
 #259

But recently will not wonder if many people doing panic.
Because se it's not usually happen.
But for me, i will not sell my coin if i got lower price, i will hold it,
I don't know but i believe it will be good soon again the price of all coins.
Except i need money so much, then i sell it 😂
You must trust your trading experience because this can help you trade well even the market is dump. If you just want to hold then trading might not be suitable for you but for some who are good enough to trade when bear market for sure they are making good money and not panicking at all. Only those with weak hands are panicking right not and if that is the case trading is really not for you.
Traslavin
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June 19, 2018, 02:37:09 PM
 #260

But recently will not wonder if many people doing panic.
Because se it's not usually happen.
But for me, i will not sell my coin if i got lower price, i will hold it,
I don't know but i believe it will be good soon again the price of all coins.
Except i need money so much, then i sell it 😂
Even though we have a lot of experience about trading we can't avoid to get panic if we saw a market same thing happen recently. Though yes, we already had an experience about trading, experience about how to manage our accounts in this kind of situation but still it couldn't get on us to be feel worried about the market status.

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