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Author Topic: Trust you trading experience and don't panic  (Read 91980 times)
Katfilka
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July 11, 2018, 06:57:59 PM
 #381

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
allohha
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July 11, 2018, 07:55:41 PM
 #382

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
It seems to me that there is no point in talking about panic or negative psychological mood, especially if it's a professional trader. a person who knows how to manage the market, he easily copes with his emotions and knows how to act in order to minimize his losses in difficult situations.
fullhdpixel
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July 12, 2018, 07:29:17 AM
 #383

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.
Panic situations means you are entering your emotions in the market which has nothing to do with the market so better you keep inside. Market needs a solution to recover and solution for low market is to place more money in the market so that demand rate activates the value to go high. So this time all we need is to focus on our trading processes and not to enter emotions here.

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GeniusAko
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July 12, 2018, 07:58:14 AM
 #384

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 not grow your investment in trading of cryptocurrencies if you do not trust your self. You should be aware to the negative effect that you can get from panicking.
Jombrangs
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July 12, 2018, 10:16:05 AM
 #385

Yeah, trust your trading experience and don’t panic
because that panic cant help you to think what are the best you can do in this situation and just believing yourself that you can survive in this.
SolomonSollarsNSense
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July 14, 2018, 03:51:14 PM
 #386

Agree with the OP we must keep belief in ourself and remember why we entered into this market. We should focus on long term goals/targets and should not be panic in the downtrend situations like now.
Yeah it is good idea and if you have no experience of trading then try to get knowledge and skills about crypto trading and then start trading and it is right that you should not be panic about the current situation of the crypto market and keep going on. One day you will make huge profits from your trading. This situation will never last for long time.
Potatohead
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July 14, 2018, 04:56:04 PM
 #387

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 certainly agree with you. I wonder why there are still a lot of people who panic during this kind of market situation if they already know the previous history of the market. Cryptocurrency is volatile and we can't change that so we must be the one to adjust. Have more patience.
maninas
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July 14, 2018, 05:55:07 PM
Last edit: July 14, 2018, 06:28:49 PM by maninas
 #388

yeah that true believe in your experience makes you stronger in principle and consistently not easily influenced by false issues, if you fail you can learn from there to increase your experience for better and not do the same mistake again
so believe in your experience is the best choice make you independently consistent and efficient
Bakemat
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July 14, 2018, 06:50:39 PM
 #389

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 different people in the market, those who are well knowlegeable and has a good amount of experience and those who are just new traders which mostly make bad decisions, so always study the market and the coin you are interested to invest before jumping into this industry to avoid losing your capital.
drumamat
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July 14, 2018, 06:56:26 PM
 #390

You never need to panic. I certainly regret that I didn't merge some of the funds into fiat at the beginning of 2018, but I believe in the future of the Cryptocurrency
ruslan4040
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July 14, 2018, 07:45:19 PM
 #391

This is true, but you need to understand that sometimes it is not everything needed in here ,and you need to be trusting on your experience to see what is going to happen with some prices, it is difficult at some point, you need to admit it
BartS
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July 15, 2018, 03:04:34 PM
 #392

It seems to me that there is no point in talking about panic or negative psychological mood, especially if it's a professional trader. a person who knows how to manage the market, he easily copes with his emotions and knows how to act in order to minimize his losses in difficult situations.
Your mood is critical if you want to make money in trading, after all you are making money with your mind and with your appreciation of the market and if you are in a negative mood you are not going to take advantage of even good opportunities in the market just because you are being negative, which is why in many books about trading is recommended that you take some time off the markets when you suffer a big loss and you are unable to cope with it.
pinkliar
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July 15, 2018, 03:57:50 PM
 #393

You never need to panic. I certainly regret that I didn't merge some of the funds into fiat at the beginning of 2018, but I believe in the future of the Cryptocurrency

Don't get panic when the market down because one thing can happen ,only losing your money so instead of letting your money gone just wait until the market increase again.

 
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Gameroid
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July 16, 2018, 07:42:23 PM
 #394

There are a lot of newbies trying to trade and that is one of the reason of why we have all of them complaining in here, but i think that if you know how to trade, you wont make any mistakes

Even though we have experiences sometimes we have to face the loss because that's how sometimes the market situation is going to be. Experience trader will not bother much about the market situation even though he is facing loss.
Yes that is right right that in different situation we reach in different way. Some time when we see a big decreasing in bitcoin price and the market is fully bearish then it compel us to get panic. even if you have a good experience still you will get panic. I have even seen a lot of experienced trader  who got panic because of the increasing selling pressure.
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July 17, 2018, 04:57:09 PM
 #395

I'm doing trading around five years and still, now I work in trading so I always trust in cryptocurrency trading. When I started trading, then I lose around $500 USD because I have no experience in trading but nowadays I have some knowledge about altcoin market so I'm always making a profit in my trading. If I lose before then I haven't panic at the moment.
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July 19, 2018, 10:36:44 AM
 #396

There are a lot of newbies trying to trade and that is one of the reason of why we have all of them complaining in here, but i think that if you know how to trade, you wont make any mistakes

Even though we have experiences sometimes we have to face the loss because that's how sometimes the market situation is going to be. Experience trader will not bother much about the market situation even though he is facing loss.
Yes that is right right that in different situation we reach in different way. Some time when we see a big decreasing in bitcoin price and the market is fully bearish then it compel us to get panic. even if you have a good experience still you will get panic. I have even seen a lot of experienced trader  who got panic because of the increasing selling pressure.
Look, if someone is expecting a very strong minded behavior from those who have invested their hard earn money in this world, then I think you must review your thinking. Because this is so natural. You can’t go against the nature. How can you make good results when you are seeing the downfall for prices?Definitely you are getting panic but keep your mind relax and try to leave this topic for some time.
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July 19, 2018, 10:48:47 AM
 #397

Agree!!! Smiley
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July 19, 2018, 11:08:37 AM
 #398

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.
Emotion and greed will never let you make more money. Impatient person cannot trade in cryptocurrency. If you have trading experience then you will easily survive in panic time. Ups and down are parts of business and you will have to prepare yourself for that. Concentrate on your ability and don’t quit crypto trading. You will be successful in your aim.

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July 19, 2018, 11:25:07 AM
 #399

first of all you can buy anything but experience  and everyone knows that very well.in trading you need to have some sort of experience in the past to work in trading.it will help someone to take or make decision in the future .you should rely on your experience in trading and don't do anything stupid .cause it can cost you a lot.experience always helps you to do the better thing.its a must requirement to work in trading.
siddharthsikka
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July 19, 2018, 12:19:21 PM
 #400

Instead of panic selling I advice you to focus on Fundamental strength of coin, its future prospects, its competitive advantage and remember the reasons whi did you buy it.
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