St4yInTh3D4rk
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September 20, 2018, 08:21:21 AM |
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It has been noticeable that social media these days is exerting panic calls all around. These posts serve no real purpose except to take clicks and views while not helping the cryptocurrency community at all. Keeping a cool head at times of bearish runs is no trick but is also far from easy. Even the best of us fell into the trap of panic responses, losing even more as a result. Keep the stress out of the trading business and invest only so much that you can afford to lose. We would also recommend small investments at the times when bitcoin and altcoins gradually lose value, since the period when they rise up will come. Share here your "quick and dirty" techniques to keep calm while trading and experiences when you panicked so to help others recognize it as well and stop it in time! https://www.cryptocointrade.com/education/avoid-cryptocurrency-trading-mistakes/Early panic sellers will make some profits but if they gets react very late then they are in the losing side the panic selling is really a part of the crypto community because this is unsecure form of storage value so it is not a strange thing if people get panic while the prices fell so they will try to save their capitals by selling it immediately.
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syaripudin
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September 20, 2018, 08:26:33 AM |
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experience is one factor that might be a measure of when is the right time to sell immediately and also the opposite is the right time to keep hold of it. so in my opinion for the type of traders who tend to experience panic in terms of trading, I don't think they have enough experience in trading. and I believe experience is like a lesson that will be received by every trader.
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trecore4
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September 20, 2018, 09:08:19 AM |
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Talk to me about that. Panic sells or trades is the most older stuff around the crypto currency world and I guess it should not be surprising that it could be be the reason for worst trades happening around the global market. This has also led to disturbance of the project developments as huge capital loss is always seen from the trading or exchangers platform. This effect can be seen more on the bounty and ICO formation stages where hunters will panic sell because they may think that the ICO prices cant be reached and thus if they want to earn bucks then they must dump, that the first panic event we can see always. Similar things happen when market is under performing.
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Mr.grin
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September 20, 2018, 09:18:59 AM |
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experience is one factor that might be a measure of when is the right time to sell immediately and also the opposite is the right time to keep hold of it. so in my opinion for the type of traders who tend to experience panic in terms of trading, I don't think they have enough experience in trading. and I believe experience is like a lesson that will be received by every trader.
panic at the time of trading, of course it can bring us considerable losses. well, so we have to stay calm, and try to take advantage of the situation. panic makes a big loss, therefore, taking a decision that can make you minimize losses.
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iv4n
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September 20, 2018, 09:20:16 AM |
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Talk to me about that. Panic sells or trades is the most older stuff around the crypto currency world and I guess it should not be surprising that it could be be the reason for worst trades happening around the global market. This has also led to disturbance of the project developments as huge capital loss is always seen from the trading or exchangers platform. This effect can be seen more on the bounty and ICO formation stages where hunters will panic sell because they may think that the ICO prices cant be reached and thus if they want to earn bucks then they must dump, that the first panic event we can see always. Similar things happen when market is under performing.
And nothing can stop that panic sellers from selling crypto for fiat. News mostly add more panic with their headlines, many newcomers here create topics with only one agenda, to scare people. Ico`s are good example, people are selling new tokens as soon as they hit exchanges, that push the price down, with their actions panic sellers are just causing more panic on the market. People will never learn, and this is not a peak yet, we will have many more up`s and down`s in the future, real trouble is yet to come. After so many years I`m kinda use to it, I have my own plan and I stick to it no matter what anyone else is saying, it`s what anyone with a little brain is doing in crypto.
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cryptocrusher
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September 20, 2018, 09:32:35 AM |
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experience is one factor that might be a measure of when is the right time to sell immediately and also the opposite is the right time to keep hold of it. so in my opinion for the type of traders who tend to experience panic in terms of trading, I don't think they have enough experience in trading. and I believe experience is like a lesson that will be received by every trader.
Too right. In my early days starting out I was a lot more subject to panic trading because I had not experienced certain price movements etc. Having gone through that I used that experience to learn when's best to buy and sell and how to better control my emotions. Panic selling is always induced by something and in some scenarios it may be the right decision for certain people because we do not know their circumstances. As for what's the right decision in the long term and excluding real life commitments and circumstances then only on a very rare occasion will someone make the best decision by panicking and in those times it will almost be entirely down to luck.
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Iykecollins
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September 20, 2018, 10:20:20 AM |
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Panic trading results when emotions come into play, personally I have managed to conquer it by ensuring a reasonable low entry and not going all in at once, using the 1/3 rule which implies buying gradually as price drops will help average the losses and give better profit chances during reversal. Panic traders often come with make bad decisions and it is caused also by inexperience.
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Twinscoin2017
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September 20, 2018, 10:50:12 AM |
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experience is one factor that might be a measure of when is the right time to sell immediately and also the opposite is the right time to keep hold of it. so in my opinion for the type of traders who tend to experience panic in terms of trading, I don't think they have enough experience in trading. and I believe experience is like a lesson that will be received by every trader.
Too right. In my early days starting out I was a lot more subject to panic trading because I had not experienced certain price movements etc. Having gone through that I used that experience to learn when's best to buy and sell and how to better control my emotions. Panic selling is always induced by something and in some scenarios it may be the right decision for certain people because we do not know their circumstances. As for what's the right decision in the long term and excluding real life commitments and circumstances then only on a very rare occasion will someone make the best decision by panicking and in those times it will almost be entirely down to luck. I think we need to keep calm of we are going to trade. Because panic trading can make us loss a huge amount of profit. If we are going to trade we must think possitive and we also need to calm down so that we can think many more idea or maybe strategy to earn. It is really amazing to trade we can really gain on it but we also need to be more smart on trading feild for good.
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BitcoinTurk
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September 20, 2018, 10:50:50 AM |
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If we need to look at the current market situation, we can actively say that we are in the period of the month of the month and that investors are constantly selling panic in this period. Especially in the last few months, there is a serious wave of panic and this wave is growing day by day we can say very comfortably. As long as this process continues, I think that the bear period will not end and that investors will continue to suffer continuously and I will not be wrong. In particular, we should also consider that the current market conditions may continue to worsen and may even deteriorate for a certain period of time.
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drmasa
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September 20, 2018, 11:11:39 AM |
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There was always and always will be panic trading! How would people come up with technical analysis if there is not greed and panic. Its natural, and always in some boundaries!
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Webberson
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September 20, 2018, 11:44:18 AM |
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It is very difficult to ask people not to panic in a trade that involves a certain amount of capital, most especially when the market has been seen overtime to be going down by the day. Considering the fact that the fate of cryptocurrency is not yet known, makes it even more difficult for investors to keep calm.
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leonix007
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September 20, 2018, 12:55:08 PM |
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It is very difficult to ask people not to panic in a trade that involves a certain amount of capital, most especially when the market has been seen overtime to be going down by the day. Considering the fact that the fate of cryptocurrency is not yet known, makes it even more difficult for investors to keep calm.
For an investor that is a novice in crypto, this might be true however, for the experienced crypto traders its not a new thing They play along with dips Check history, nothing is new Numerours dips, FOMO's, fuds keep that panic in a trash bin
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gurang
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September 20, 2018, 01:11:57 PM |
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It has been noticeable that social media these days is exerting panic calls all around. These posts serve no real purpose except to take clicks and views while not helping the cryptocurrency community at all. Keeping a cool head at times of bearish runs is no trick but is also far from easy. Even the best of us fell into the trap of panic responses, losing even more as a result. Keep the stress out of the trading business and invest only so much that you can afford to lose. We would also recommend small investments at the times when bitcoin and altcoins gradually lose value, since the period when they rise up will come. Share here your "quick and dirty" techniques to keep calm while trading and experiences when you panicked so to help others recognize it as well and stop it in time! https://www.cryptocointrade.com/education/avoid-cryptocurrency-trading-mistakes/stop panic it never helps you in what situation always positive and calm down. being panic will bring you down so so must believe on what you can do and trust on yourself even its hard, if you startin for being trader avoid you emotions and calm
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Finestream
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September 20, 2018, 02:34:51 PM |
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It is very difficult to ask people not to panic in a trade that involves a certain amount of capital, most especially when the market has been seen overtime to be going down by the day. Considering the fact that the fate of cryptocurrency is not yet known, makes it even more difficult for investors to keep calm.
I believe everybody here in the crypto world is already depressed having seen the market continues to fall its price.And that what makes most of us resort into panic trading.But if you'll just be patient enough knowing the price will recover again,for sure you will not get lose from your investment.It really takes time to make a huge profit especially when the market is not doing good.
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laredo7mm
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September 20, 2018, 02:39:50 PM |
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Depression. emotion. panic is a part and it's hard to stay relaxed. lust is always there and indeed our goal should be to be patient and also still determine the target should not be lust in trading because we could suffer losses. with great passion
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Slow death
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September 20, 2018, 03:42:02 PM |
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It has been noticeable that social media these days is exerting panic calls all around. These posts serve no real purpose except to take clicks and views while not helping the cryptocurrency community at all. they make money doing it. See: Bitcoin Price Intraday Analysis: BTC/USD Gaining Towards $6500-FiatNow imagine that someone bought bitcoin for the price of $15000 and the next day see on the news channel saying that the price will fall to $6500. clearly this person will sell their bitcoins.
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Joyawan13
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elysian.finance
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September 20, 2018, 03:48:28 PM |
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experience is one factor that might be a measure of when is the right time to sell immediately and also the opposite is the right time to keep hold of it. so in my opinion for the type of traders who tend to experience panic in terms of trading, I don't think they have enough experience in trading. and I believe experience is like a lesson that will be received by every trader.
panic at the time of trading, of course it can bring us considerable losses. well, so we have to stay calm, and try to take advantage of the situation. panic makes a big loss, therefore, taking a decision that can make you minimize losses. but to avoid panic in day trading it is not easy, especially when we finish buying and prices suddenly drop dramatically, many traders make mistakes and cannot avoid panic and they sell some of the assets they have so they suffer huge losses, indeed what a trader,must do is to control emotions and not to panic easily, and especially to be able to be patient when faced with falling prices on the market .
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Knabu
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September 20, 2018, 04:10:07 PM |
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Only reasons traders should panic is when they wake up in the night sweating, remembering they didn't set their stop-losses. Anything other than that is the side-effect of bad trading strategy.
Investors on the other hand should be prepared to lose all capital that they're investing in BTC or anything else for that matter. They're not called "speculative assets" for no reason, they're exactly that, speculative. But if you've done your research on your investments and believe that they will be a crucial part in the constantly evolving world, you shouldn't be shaken at all.
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Andrew1337
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September 20, 2018, 04:40:33 PM |
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Yes you are right to stop panic when you are trading but you have to be careful because there are whales that will pump fake news on media and then pump the btc price
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ongkok87
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September 20, 2018, 04:41:22 PM |
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of course because the feeling of panic will make us worse and often experience loss or failure, and it must be in panic traders. if my advice even though the price is getting lower you all have to keep watching and be patient waiting until the coin price rises again
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