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Author Topic: Trust you trading experience and don't panic  (Read 91980 times)
wayancrypto
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August 11, 2018, 09:46:23 AM
 #481

Panic seller just made price of crypto dumped hard, they panic to sell because only Bitcoin ETF delayed and not rejected. Also whales just sell their coin and make the price more deep, i think we should become stronger in crypto community and dont panic sell just because small thing. Panic sell is only good when the times is correct, like the price overbought or any bad news.

DRVX
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August 14, 2018, 10:52:57 AM
 #482

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.
Hilarious for me is that I don't have any trading experience to trust it so my feelings are my leaders when I'm making decisions about sell or buy some particular currencies, this is sad but true.

LOL, you are right, mate. Curious, how a newbie can trust his skills and experience if he does not have it? In this case, it will be better to learn more about the current market situation, and probably even trust the inner feeling.
syahdurindu
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August 14, 2018, 12:28:30 PM
 #483

right, a trader must cover his ears with negative, irresponsible news. a trader must be confident in himself that not hurrying to sell is the best decision.
don't panic, keep trying to calm down because then we can think well and make the right decisions.

readygoaw
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August 16, 2018, 05:29:50 PM
 #484

Panic seller just made price of crypto dumped hard, they panic to sell because only Bitcoin ETF delayed and not rejected. Also whales just sell their coin and make the price more deep, i think we should become stronger in crypto community and dont panic sell just because small thing. Panic sell is only good when the times is correct, like the price overbought or any bad news.

Panic sellers render a disservice to the crypto market prices. Their activities affect the prices of the cryptocurrencies - they are simply falling lower and lower.
redsun114
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August 17, 2018, 05:58:54 AM
 #485

One needs to learn a trading strategy and be able to invest and have confidence in your strategy so that when the market is not going the way you want, the investor can believe in his investment and not panic about the investment.
That is right. What I think about the about the importance of experience in trading is that is helps you make the right decision in the right time which is often not possible for those investors who are new in the market and thus they panic.

Having said that, this is wise to trust on your trading experience and not to panic in the down market. Cryptocurrency still has a great gap for investment and the marginal benefit is worth investing for.

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Daniel9140
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August 19, 2018, 02:24:50 PM
 #486

One should be confident in his or her strategy in this market. Moreover, in a downtrend market, because the market is going down, virtually all strategies are affected as the market is correcting itself. So, holding strategy becomes what you need during a downtrend market. Do not ever panic in such market situation
Kahoy01
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August 19, 2018, 02:39:32 PM
 #487

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 will trade cryptocurrencies then you should trust yourself. You will only lose your money if you do not have self confidence. You can become successful by having a lot of self esteem.

ameliana
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August 19, 2018, 02:57:02 PM
 #488

sometimes I also experience fomo when the trader I like is not very sure about the analysis, especially when crypto prices decline, but from here I can learn to believe in personal analysis and start choosing coins that can be traded in full.

I try to actively communicate with developers via telegram and actively see the development of the road map, for now there is no problem because they are still running positively even though there are always losses that arise occasionally.
akirasendo17
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August 19, 2018, 03:15:50 PM
 #489

if you are not confident on trading your coins and you feel there is going to be a big changes
for your coins, just keep it, dont do anything take a risk, if you really want to get rich
in life you need to go out of your comport zone, to succed

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r1a2y3m4
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August 19, 2018, 03:19:14 PM
 #490

This is what my friends are doing. They don't have the literacy in trading but they are trusting their instinct and when the market is down, that's their time of accumulation.

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August 19, 2018, 04:03:21 PM
 #491

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 will trade cryptocurrencies then you should trust yourself. You will only lose your money if you do not have self confidence. You can become successful by having a lot of self esteem.
It's better to established first your confidence before going into this market, crypto currency haves a lots of differences  from other venue of investment, if you don't trust yourself inside this market then you will keep losing your money, as most of the time you will ended up making wrong decisions and being manipulated by the fuds, knowledge about the system and planning different strategy can build your self esteem, instinct can guide you to analyze and take your good position.
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August 19, 2018, 04:57:30 PM
 #492

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.

How could we trust our trading experience while we seen our coins in danger of being dead? You can't motivate a hopeless person mate while you don't know exactly what to do. I know you're just too positive enough to say keep the faith, but I don't know you can do it in real situations.
We could not prevent the speculator to say their negative ideas, because we have our free will of giving opinions based on how we analyze the trend of trading price of each and every coins in the crypto market.
Indeed, it goes back to the respective traders, but if the price decline continues, whether the idea to save it and not sell all the coins is very good? Or by following the price panic and finally selling all of its assets? I think that only makes prices continue to drop if we follow negative ideas. At least we as traders stand by looking at the current market situation
kalashnikovski
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August 25, 2018, 03:35:49 PM
 #493

Why are speculators is a bad people ? Not all vibration after speculators. A lot hamsters have a panic. Sometimes some people come to market  or to leave market. A large investors can a lot time to look own position. Better not feeling so a lot emotions.
yanesna3
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August 27, 2018, 02:39:36 PM
 #494

This is what my friends are doing. They don't have the literacy in trading but they are trusting their instinct and when the market is down, that's their time of accumulation.

If they trust their instincts, they will finally lose the money. Trading needs experience. You must know much about the market and the digital money. Do not be blind to follow only intuition.
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August 27, 2018, 03:31:06 PM
 #495

Yes, trust your ability, even if the market falls sharply, be confident that you have chosen the right coin to hold, in my opinion the market will recover soon later this year.
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August 27, 2018, 04:24:03 PM
 #496

something wrong, i know thinking positive could make your feel better but sometime your feel wrong, that why you should use logic in trading not just feeling.
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August 27, 2018, 05:57:53 PM
 #497

If markets affect your moods, i'd suggest HODLing and not paying attention. In a worlds most difficult game filled with self-learning algorithms/experienced traders there's absolutely no room for errors that your mood-swings may produce.

It may seem strange to say this, but traders most important task is to protect your capita, sometimes from even yourself.

Don't let your emotions affect your analyzes when trading, you will lose 10 out of 10 times.
arpon11
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August 27, 2018, 06:22:14 PM
 #498

Trading is a very risky venture and the only way to have confidence and not be afraid of losing money is actually through experience and long term skills you have develop.  I don't think you can actually invest without losing money but you have to stop panicking and forcus on making it in trading.
RippleSpaset
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August 27, 2018, 07:27:04 PM
 #499

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.
Panic and greed are the most serious enemies of the trader .But I know there were times when the panic has saved me(it was long ago when I was not experienced ) Now I go to the market only when I am confident in it,and I'm ready for all outcomes .
best ever
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September 13, 2018, 06:55:26 PM
 #500

This is a very good advice for an experienced trader. What must the newbie trust in? I suppose, he has to remain a very calm guy and hold his cryptocurrencies.
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