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Author Topic: Stop Panic Trading!  (Read 1108 times)
Kez1817
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September 23, 2018, 11:57:08 PM
 #81

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/

     Panic,panic,panic....the word that can't help people to success and make people to down when they saw market is going down and don"t know when it will recover. Mostly people are affected of this word but the only thing we can do is to contradict this word. Instead of panic selling why not try to hold and wait because market downtrend is just normal scenario and everything will go back to normal.

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September 23, 2018, 11:57:14 PM
 #82

If we want to have a good trade, we should be dependent on technical analysis than fundamental analysis. Though, they are both helpful in guiding us where our entry and exit point, technical analysis is more accurate than seeing coins in news. I believe that if we are effective traders, we can earn a lot of profit in trading.

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September 24, 2018, 12:56:37 AM
 #83

If we want to have a good trade, we should be dependent on technical analysis than fundamental analysis. Though, they are both helpful in guiding us where our entry and exit point, technical analysis is more accurate than seeing coins in news. I believe that if we are effective traders, we can earn a lot of profit in trading.
Technically, analysis is the thing we need most to get satisfactory results in trading. Without analysis, we cannot trade well because of the consequences of a trader, so he must be able to make decisions that begin with a good analysis. A trader can never succeed when they cannot think well, so keep on adding knowledge and experience. One more point is that a trader who has a good experience will be able to avoid panic in every decision they make.
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September 24, 2018, 01:02:03 AM
 #84

I realize that for beginners like me when trading, if prices go down there is always a feeling of panic and want to always sell it even though I know that it will lose my capital, I have done it for a long time, and I arrived at the point where I analyzed the Display Chart Trade very seriously and very enthusiastically. I see that prices will go up if I have a little patience. then I will benefit because the price will rise if it has decreased more. So I have concluded not to sell with panic anymore, because it's wrong.
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September 24, 2018, 02:01:13 AM
 #85

Trading is one way of many people to earn bigger amount it's like gambling with a sort of luck. If people decide to trade when the value is reasonable for them, that's their choice of course no one will go on trading if they saw the market in red unless they badly needed their money. Here in crypto trading patience is really something that one must have especially in this fluctuating king of market. Only those who knows how to play the game will surely win.
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September 24, 2018, 02:49:13 AM
 #86

I have done panic trading before and it does not really do any good. Sometimes destiny really plays you because when I have already have given up holding my coins, it start rocketing in December. Don't panic guys, the is the really the nature of this game. The more you adapt, the longer you will survive.
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September 24, 2018, 03:11:57 AM
 #87

When the market drops, almost all investors panic, thus affecting the psychology of investors and not patience when selling. In my opinion, peace of mind, the market will soon recover

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September 24, 2018, 03:15:28 AM
 #88

I have done panic trading before and it does not really do any good. Sometimes destiny really plays you because when I have already have given up holding my coins, it start rocketing in December. Don't panic guys, the is the really the nature of this game. The more you adapt, the longer you will survive.

We cannot blame people for doing panic trading if they saw a lot of selling/buying people will definitely start panicking and do a wrong move that cause losing their money now a day doing trading is like gambling you need luck in any trade but the main instrument you can do to earn profit is to do a technical analysis. Just wait for the announcement of ETF is the propossal approve we can assure a good run for bitcoin.
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September 24, 2018, 04:19:05 AM
 #89

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/

I'm panic right now because in this deep price my asset lost many value and I don't know when to start recovery, I can't see the bottom and that's make me panic. People will say " please don't panic, it's just risk ", I can understand that but if we can see the sign to get up what should we do?. Panic is realistic but take action to recovery asset is also important, can you say when I can do that?

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September 24, 2018, 04:25:27 AM
 #90

I think the best way to stop panic is to stay calm. If we can not do that, we are going in the wrong direction. To do that, I have a trick.
We should carefully analyze the altcoin we are investing in, it will show positive points. Use these positive points to make your mind comfortable and secure. It will help us avoid feeling anxious.

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September 24, 2018, 05:53:49 AM
 #91

Well, if you want to succeed, then trade wisely and have the right analysis, in line with the trend of the market, so you will succeed, but we should not rush to sell pennies. At a lower price than the ICO
It is not good to sell at panic, new users use to sell for panic because they have lack of knowledge and they are not aware of real benefit behind trading for long, if they will get to know I am sure no one will dare to sell panic, try to learn more and invest for more and more time, hold and them trade for long term, it will give profit and will reduce the risk of trading, will be entire profit.
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September 24, 2018, 07:45:47 AM
 #92

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 do not buy in to this idea at all. The only thing that would make it difficult is if they've invested too much. For those people that have invested a sensible amount the swings might be painful but they won't be putting a huge emotional strain on the person so as to force them in to making bad decisions. How much to invest is one of the first decisions but if the wrong decision is made then that can lead to more and more bad decisions
Swing trading is not at all easy and can get you in loss. I think best trading is to buy the coins and wait until you find good increase in price. If the price is down, then keep on waiting until price go up.
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September 24, 2018, 11:41:44 AM
 #93

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 do not buy in to this idea at all. The only thing that would make it difficult is if they've invested too much. For those people that have invested a sensible amount the swings might be painful but they won't be putting a huge emotional strain on the person so as to force them in to making bad decisions. How much to invest is one of the first decisions but if the wrong decision is made then that can lead to more and more bad decisions
Crypto trading is all about sensible decision making and if one is  not able to make good desicions and unable to control his emotions then trading is not suited for such type of persons.
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September 24, 2018, 12:53:10 PM
 #94

The importance of understanding in the world of trading so that we do not easily panic when bitcoin loses its value for a while. We should control emotions so that our trading results are satisfying and avoid cutlos

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September 24, 2018, 01:49:43 PM
 #95

Yes, the more frustrated the failure will come to us the quicker, in my opinion should be patient and calm, these two factors will decide for us the success in any field

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September 24, 2018, 01:53:57 PM
 #96

The importance of understanding in the world of trading so that we do not easily panic when bitcoin loses its value for a while. We should control emotions so that our trading results are satisfying and avoid cutlos
yes, that is the basic thing, but panic also comes from concern. well, I don't like that too much, because it can affect prices greatly, but that is the nature that humans have, so I understand it.

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September 24, 2018, 02:07:02 PM
 #97

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/

     Panic,panic,panic....the word that can't help people to success and make people to down when they saw market is going down and don"t know when it will recover. Mostly people are affected of this word but the only thing we can do is to contradict this word. Instead of panic selling why not try to hold and wait because market downtrend is just normal scenario and everything will go back to normal.
Trading bitcoin and other crypto-currencies is young enough to make some serious statistics,but it has already been noticed that in the period from October to December,bitcoin grows by 70% on average.This is probably due to the growth of additional transactions,which for accounting and tax reasons should be completed before the end of the year. The best time to buy cryptocurrencies is the beginning of spring.
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September 24, 2018, 02:18:24 PM
 #98

When the market drops, almost all investors panic, thus affecting the psychology of investors and not patience when selling. In my opinion, peace of mind, the market will soon recover
Just because some people panic does not necessarily make every investor to panic in the market. Normally, those without knowledge will always find reasons to panic either as a trader or as an investor and those with knowledge will always know what to do to bring about a better long term opportunity for themselves than panicking, which is an act that will never stop any problem. Trading and investing requires knowledge and without knowledge, making decisions will always be tough in the market.
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September 24, 2018, 03:48:21 PM
 #99

This is not possible. The psychology of people has been set up for profit, and psychology doesn't work when it comes to losing everything. If you just look at Bitcoin as an investment, there is no escape from the loss.
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September 24, 2018, 04:13:35 PM
 #100

true in the panic can make us destroyed and lose our money, especially playing in the crypto world that must be considered to get a profit is never to panic with the market conditions that always go down and have to be patient waiting too until the coins you hold rise in price

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