Trust you trading experience and don't panic

[siddharthsikka]

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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[coinwizard_]

This advice is good for experienced traders but not so much for newbies who just join at the end of last year. Experienced traders know this is a temporary dip, just have to convince the newcomers that moon will be soon!

[Panpan66L]

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.

It is easy to say if you have the training experience but many guys who are constantly panic they just usually don't have a trading action experience, so this is the problem of their, they don't know how to act.

[MommyElsa]

True,  if you already experience it then you will be feeling more better.  But as a new trader there is a possibility that you will surely sell your coins when you get panic.

[MarchToke]

Panicking will yield bad results if you let it consume you. If you have trading experience already, so there's no need to panic already because your experience will always prevail than your fears.

[Clavulanic]

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.

It is easy to say if you have the training experience but many guys who are constantly panic they just usually don't have a trading action experience, so this is the problem of their, they don't know how to act.

Experience will truly pay off. To panic while one is on trading and the market is downward is a normal reaction. But this impulsive reaction can be minimized through experience; by constant emission in the world of trading. And this means experiencing lost is equally part of the game ang learning as gaining profit. The important thing is to be wiser every experience one encounters.

[Innerpumper]

true, the trade must be confident and not panic when it comes the FUD. We've often heard the FUD. But, trust me that it's all just makes you lose.

[clairdelune]

Yes you have said it right you have to trust your trading experience and don't panic for it is your decision and before you trade you have to study it carefully for you to understand how to do it and how will you start to do trading. For the newbies it is normal that you are afraid of doing the trading for it is your first time to trade. But when you have master it already you will not be panic in trading anymore. There are many ways on how to do trading you just have to study it so when you start to do trading you know what you will do at the same time you will experience how trading industry works.

[laracastvue]

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.

Most of the professional traders do really know how the market works like how the volatility of the market is affecting different traders so they tend to make less wrong decisions because of their good experience.

[LuciferEveningStar]

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 do agree on that, there are a lot of people in the market who are really good in trading and they did not care even thought the market prices are dumping because they already knew that the prices will still be going back to normal.

[tbterryboy]

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.

Panic situations are irrelevant and it is out of mind if we enter our emotions here and make the market as an emotional place which will make an emotional movie theatre. Trading is a fine and smooth way to make profit and especially the modern trading with crypto coins is more profitable and easy to handle. Never get panic with market situations and just look for your benefit and not at once profit after each buying process.

[binghope]

Panic will make you lose focus and will make you lose patience, so I think the market will be one of the good times to invest in now.

[BartS]

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.

It is true that is natural to panic when the price is going down but it is also natural to lose even more money if you panic since you will take bad decisions, so you have no other option, if you want to become a successful investor or trader you need to overcome your fears those who do become successful those who do not lose all their money, it is that simple, trading is the perfect example that just because something feels natural that does not mean that you should do it.

[Clark05]

Because Im trader who have enough experienced to trading like dumping  Better to don't panic even you lose more money better to wait because if yoy sell it with low price it is not good because if the price pump again you lose your money and even your profit possoble to get if you are patient.

[tonyosa]

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 anything i have learnt b experience as far as trading cryptos is concerned is that Panic does not solve any problem, it actually compounds them,It impairs  logical reasoning and end up losing more money.

[Nhor1011]

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,always think positively and learn from your experience. Don't panic in times market price down because it will rise again. If you sell in a lower price you surely gain loses.Much better to hold and wait the market recover again.

[_bitcoin_papa_]

You wrote a very right idea. The main thing to remember your original goal, when you just came to the crypto currency and follow it in those moments when we are scared. The strength of the trader in peace.

[valentinen39]

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.

Most of the professional traders in the market today are not worrying about the market because they knew that the price will still increase after a few months just like how the volatile market works.

[kojoannan]

I think everything depends on an amount of money which we are talking about. Actually it is a risk you take. For instance, I have an investment and the total amount is 10$ and I can say that I will be absolutely quiet in any situation because the amount which I can lose so small. I am sure that investors must work with such an amount which they can lose without any troubles.
Investing with a huge risk is a mistake and it need to prevent.

That is the reason why a trader shouldn't trade the money he can't afford to lose. If the money is meant to sustain you for daily transactions then trading them will lead you to make decision not factored into your strategy , hence panic trading decisions.

[readygoaw]

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.

Only skillful traders can trust their experience. The newbie should simply remember one rule: if he starts to panic, he should wait for a big loss.