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Author Topic: Trust you trading experience and don't panic  (Read 91964 times)
enwi
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June 23, 2018, 12:31:45 PM
 #281

to be a good trader then we should be able to control emotions well, do not panic when the price drops because by selling when the price down will only make you lose, learn from your own experience and experience of others
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June 23, 2018, 12:44:46 PM
 #282

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 have emotions and panic will still be present especially when we see a blood market. Moreover, experience can really give us a lesson but still it can't be a guarantee that we always win in a trading. It is easy to say things but in reality, things definitely has some changes especially in making right and quick decisions.
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June 23, 2018, 11:05:04 PM
 #283

I agree with your point of view, I personally think that digital currency is suitable for long-term, so short-term fluctuations should not affect our investment strategy, follow-up I will continue to maintain this strategy.
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June 23, 2018, 11:12:59 PM
 #284

to be a good trader then we should be able to control emotions well, do not panic when the price drops because by selling when the price down will only make you lose, learn from your own experience and experience of others
Emotion can only be control if we have are expert in trading and we have good belief on ourselves. But still it is not common to all the people i would like to say that it is God gifted to have control over your emotion. To me some time i really find it difficult to control my emotions while trading bitcoin even i any other crypto currency.

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June 24, 2018, 01:03:33 PM
 #285

to be a good trader then we should be able to control emotions well, do not panic when the price drops because by selling when the price down will only make you lose, learn from your own experience and experience of others

Each of us in this crypto industry had an experience encountered particularly to trading processes. If we are in great experienced about trading we were not easily loss our emotion when marketplace getting worst in situation. We can anticipate the worst condition and we didn't easily panic because experience will build up trust and high confidence in ourselves to be a successful trader always.
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June 24, 2018, 02:23:57 PM
 #286

to be a good trader then we should be able to control emotions well, do not panic when the price drops because by selling when the price down will only make you lose, learn from your own experience and experience of others

Each of us in this crypto industry had an experience encountered particularly to trading processes. If we are in great experienced about trading we were not easily loss our emotion when marketplace getting worst in situation. We can anticipate the worst condition and we didn't easily panic because experience will build up trust and high confidence in ourselves to be a successful trader always.
Not all the time and this experience will make you think forst and to collect some information from other gokd traders before doing any move because the market was so anticipate and in one wrong information you are possibly get caught with your emotions and go with its flow. You need to trust your experience even you're not a pro and control you emotions all the time.


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magmar
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June 24, 2018, 02:50:36 PM
 #287

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.

Trust yourself have a lot of confidence of yourself even if you do not hqve mucj experience in trading of course if you have confidence in yourself you can do it and do not panic like anyone does because if you come to think of it that panic selling is really not gonna help and worst they are just making the price fall much more so just stay calm and trade more sell less for you to gain more and lose less. It is just about patience and determination if you want to gain dont sell.
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June 24, 2018, 03:21:17 PM
 #288

having self-confidence in market conditions and making a decision is most important part of trading bitcoin and cryptocurrencies now we are seeing panic mode many will sell coins at lowest prices but we should be confident enough to see the positive market with our self confidence
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June 24, 2018, 04:54:19 PM
 #289

if you withdraw all the money right now, I don't think very many people know where to invest it. sooner or later, the cryptocurrency will grow. or we're all millions of people wrong, which is unlikely.
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June 25, 2018, 06:40:43 AM
 #290

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.
This is right. One should never go for panic selling and should rather hold. Panic selling actually makes the market more red and this leads to further fall in the prices. One should rather use the trading experience and buy and make a diverse portfolio when the market is red along with the existing portfolio. This pay off in the end and we have been waiting for an impending boom since the last few month.
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June 25, 2018, 07:53:05 AM
 #291

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.
Before entering in to a long term market you should set your mind that after buying something you would need to sit like a duck of the ground because starting is from low market and it will end up after a long time when you enter into its high market.

Do not enter into the market if you have no experience, learn the basic knowledge and start trading for short term so that you gain some experience and then you will be able to start on large scale.
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June 25, 2018, 09:56:48 AM
 #292

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.
trust your friends about trading about them and do not panic what your future is with those you want to reach? it's better to trust yourself than you do not have a goal that there is such a thing or that thought
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June 25, 2018, 01:05:10 PM
 #293

don't panic is the hardest things that we can deny but if we can learn how to manage our emotion, this is not difficult especially if we have any experiences in trading. but yes, for new people, this is difficult and they need to always patient and stay calm when they see something is not right that will happen in the market. I am sure that we can handle our emotion and we trust our trading experience although we don't have a high-skills experience in trading.

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June 25, 2018, 01:51:24 PM
 #294

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.
Maybe it couldn't avoided that we often panic everytime that we see the market in a low value market but if you're already have an experience doing trading you already know that what is currently happening in the market is what the trading market of cryptocurrencies looks like. We can't tell when the market gonna be ok again so we just need be patient.
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June 25, 2018, 02:02:48 PM
 #295

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.


Many of us might panic and may think that they are losing their money and hodlings because of this dip. This situation is actually normal and is just a part of the votality of crypto. We must not doubt about the current situation of the market but should just be hopeful about it.

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June 25, 2018, 02:09:24 PM
 #296

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.

Panicking will not solve anything, it will not give you profit, nor change the current market price. Panicking can lead you to wrong decisions. It is better to trust your intuition and experience when trading. Trading is risky, but it is very profitable since prices can change in many ways in just a short span of time.
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June 25, 2018, 02:49:03 PM
 #297

I also think that panic is always bad for trading. Even now, when the market is not in its best condition, don't despair. I'm hold tokens, which can give me profit in the future
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June 25, 2018, 04:19:29 PM
 #298

I also think that panic is always bad for trading. Even now, when the market is not in its best condition, don't despair. I'm hold tokens, which can give me profit in the future
No matter how we tell people not to panic we can't blame them for doing so because they invested without the knowledge of this kind of market. Most of them are newbies who did not make research and just jump into being trader. What we need to tell people is do their research first before they start trading or investing so that we can avoid this kind of scenario that adds up for the crypto to go down.
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June 26, 2018, 06:15:28 AM
 #299

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.
Start trading with less valuable coins like Altcoin or Litecoin which are favorable for short term and you will get less profits per trading process of which the continue trading many times will collect a lot of profit. In this way you will get experience and will upgrade to the Bitcoin or Ethereum for long term. If you are the holder of Bitcoin then wait for a good market with patience and sell out for profit.
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June 26, 2018, 06:57:02 PM
 #300

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.

Those guys that have been dealing with the cryptocurrencies for a long time, can trust their experience. The beginners should follow their example for sure.
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