Bosx1ne
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July 01, 2018, 11:53:40 AM |
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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.
If you can trust yourself, then you should not worry. The reason why many traders are panicking because they do not have high self confidence. They can't make wise decision because they are panicking.
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beezunus
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July 01, 2018, 12:27:59 PM |
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trading in need of good knowledge and skills about trading and with experience you will also gain good knowledge about trading and how to deal with current situation, so the more experience you will be able to overcome the risk
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other_slides
Newbie
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Activity: 66
Merit: 0
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July 01, 2018, 12:54:53 PM |
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I understand that a person who is already prone to panic is very difficult to convince, but I still try. People, if you're afraid to take a risk you'll never get anything. Evolution is always a risk.
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Sowik
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July 01, 2018, 01:56:19 PM |
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The thing is that by having experience in the field of crypto trading long enough and much more 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
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GrayFullbuster
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July 01, 2018, 02:26:19 PM |
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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.
You can't ensure that you can earn profit from trading if you do not trust yourself. Your trust will help you for you to make wise decision. Do no think negative and always think positive for you to avoid losses.
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BartS
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July 01, 2018, 03:28:23 PM |
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I would like to say that whenever there is a panic sale, it does mean that emotion was involved in that trade, which is actually not the best practice. Having a working trading system which had been tested overtime, should be, to a certain level of degree be relied upon, in order to avoid the occurrence of panic sales.
When you are trading you should have a mechanical system to make profits, you are supposed to buy immediately when you see some signals appearing all together and to sell when the same happens, but people rely on their intuition and when you do this and you do not have a system then it is way more likely you make mistakes since now you are relying on your feelings, I know it can be very hard to do what the system tells you when your feelings tell you the opposite but if you want to earn money you will have to do it.
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henmark
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July 03, 2018, 05:11:00 AM |
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if faced with a problem with panic it is not a solution to get even worsen the situation and the remaining regret, let alone in binis, when a deteriorate we sell all our assets ethical situation improved regret it must be because if the nominal look.
This is what we need to work on and if you are able to come up with a solution to your this problem, you can escape some good loss and this is what every one wants. This is not a tough task. You just need to stay patient and passionate about your investment when the market is red. Do not be afraid of the loss. You will not loss until and unless you sell.
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ethereumhunter
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July 03, 2018, 06:03:35 AM |
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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.
You can't ensure that you can earn profit from trading if you do not trust yourself. Your trust will help you for you to make wise decision. Do no think negative and always think positive for you to avoid losses. both of you are right, with always thinking positive, not panic, we can always solve the problem in trading and we can find a solution to not getting lost too much. this will need more experience so we can have this thing but once you can handle it, you don't have to worry if the market is going down and it seems you cannot make any profit because you trust your trading experience and you are not panic.
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TheKeyLongThumbI
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July 03, 2018, 06:36:09 AM |
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I've witnessed some of the crashes last year and I still feel the panic everytime bitcoin touches another low just like the recent $5k mark. The only difference is I did not sell anything which is a good improvement for me. I hope that if another crash like this happened again, I'll be numb just like a rock.
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Ewinsane
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July 03, 2018, 06:58:49 AM |
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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. If you are doubted about your knowledge and facing with difficulties while handling the trading processes then I will suggest you to make yourself an experienced trader first. This is only possible if you start trading with less valuable currency like Altcoin or may be Litecoin. With continuous short term trading you will get experience there and incase of loss you will not face with huge loss here because Altcoin is less valuable.
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Cling18
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July 03, 2018, 07:24:17 AM |
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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, we must not fear about the capability of cryptocurrency and we must not underestimate it. It might drop down it's value now but the market would really recover the market soon. We could gain a bigger value of profit if we'll do trading accordingly and appropriately.
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manggis97
Member
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July 03, 2018, 07:31:57 AM |
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I learned about trading strategy more than 1 years, and the result is I been get alot of profit but also big loss. I can not earn consistent profit yet and I thinking just too waste my times. Learn from history of my trading I been make mistake by did not use stop loss and too greedy when taking profit. When we decide to sell should be according to good reason like because any bad news and the prediction that coin can be drop a lot.
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SkustaClee
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July 03, 2018, 07:37:40 AM |
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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.
You should stop trading cryptocurrencies if you are still have doubt to your skills. You should have confidence for you to trust yourself. Self control is really necessary for you to control your emotions and avoid panicking.
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Manchumichael
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July 03, 2018, 07:50:03 AM |
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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.
You should stop trading cryptocurrencies if you are still have doubt to your skills. You should have confidence for you to trust yourself. Self control is really necessary for you to control your emotions and avoid panicking. Give up is not solution take time and improve your skill set crypto trading is not a rocket science you can learn asap but you must spend some time. before entering this field you must know that cryptocurrency prices are not stable pump and dumps are common. yes controlling yourself is very important don't divert your mind just be calm and wait your coins will definitely give you profit.
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rumexx
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July 03, 2018, 07:59:18 AM |
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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.
As a trader if you have your trading plan set out before you entered a trade then you need not to panic whatever is the situation in the market. You do not yield to panic and sell to lose all your money. Learn how to trade and follow your basic trading plan daily.
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Soots
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July 03, 2018, 08:23:58 AM |
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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.
You should stop trading cryptocurrencies if you are still have doubt to your skills. You should have confidence for you to trust yourself. Self control is really necessary for you to control your emotions and avoid panicking. Give up is not solution take time and improve your skill set crypto trading is not a rocket science you can learn asap but you must spend some time. before entering this field you must know that cryptocurrency prices are not stable pump and dumps are common. yes controlling yourself is very important don't divert your mind just be calm and wait your coins will definitely give you profit. Improving our skills could not boost your confidence, and instead of focusing on developing your capabilites to acquire desired skills; we need to learn how to manage our attitude towards trading. If you're an experienced trader, then its obvious that you're going to risk your money for the coins you're holding right now. But before doing that it takes time or even months to decides what's the best options to do, so that you're safe with your trades and you won't loss your profit.
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cedrixperez
Jr. Member
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July 03, 2018, 08:44:45 AM |
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Yes I agree, panic selling is not the best way to do with our assets and holding it is I think is the ideal way, but if you own a shitcoin maybe you could dump it but if you think that your coin has a potential you could hodl it for long. If we have trading experiece we should know this tips.
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r.black
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July 03, 2018, 08:46:25 AM |
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In the title of the topic is very correct advice, because really now in the chat room there is too much panic in people who do not fully understand the ongoing processes, but their panic leads to panic for other, younger market participants, which creates a rather strong negative background for the market in whole. Improve your knowledge and improve your skills, it will be much more useful than trying to find a better scheme in the public domain. Your experience is your future.
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Dortira
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July 05, 2018, 05:18:46 PM |
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Can be funny but the thing that keeps me from selling everything is the low price itself, I just remind myself about the prices that were and I feel so struggling I just cannot sell by this low.
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BartS
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July 05, 2018, 08:36:13 PM |
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I've witnessed some of the crashes last year and I still feel the panic everytime bitcoin touches another low just like the recent $5k mark. The only difference is I did not sell anything which is a good improvement for me. I hope that if another crash like this happened again, I'll be numb just like a rock.
Do not worry that happens to everyone, the first crash that you experiment when you have money invested can be really painful and it is an experience you never forget, but once that is over any other crash is not going to seem so big and in fact you will be surprised by your ability to remain calm during the crash, that happened to me with this crash since it was not my first and now I know that it does not matter what it happens with bitcoin or altcoins I will resist it.
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