cryptolidus
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Activity: 406
Merit: 10
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October 13, 2018, 09:33:22 PM |
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When trading panic and emotions should not be involved. The problem is when people start trading with their pocket money
and when the market goes against their predictions they start panic. Trade only with the amount you are comfortable with
and then there will be no need for panic selling.
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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Maslate
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October 14, 2018, 02:42:45 AM |
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When trading panic and emotions should not be involved. The problem is when people start trading with their pocket money
and when the market goes against their predictions they start panic. Trade only with the amount you are comfortable with
and then there will be no need for panic selling.
That's the reality, I think most of us can easily panic while those who are smart enough take advantage of the situation. When we cannot control our emotion, there is no room for us to grow in crypto, nothing is certain but we should be willing to take the risk and play with our strategy all the time. |
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rapsa2018
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Activity: 504
Merit: 10
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October 14, 2018, 12:37:57 PM |
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Panic in trading is also normal for me as a trader Because trading in crypto is much risky than I expect because you need to take the risk to earn.
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rajuahmed330
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October 14, 2018, 04:34:28 PM |
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I totally agree that panic trading can cause many loses.
The best option if you just started trading - simply use stop losses, or don't trade at all.
You are say really nice words. Panic trader selling with losses after few days after buying. They think market will go down anytime, so they panic sell. Maximum new traders going panic sell and they getting loss. Panic sell is very bad. |
Be hardworker
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devinks
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October 14, 2018, 06:21:47 PM |
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Panic in trading is also normal for me as a trader Because trading in crypto is much risky than I expect because you need to take the risk to earn.
panic may but don't need to think before selling it immediately. trading is risky, but if the person is smart and is good at finding opportunities, he will certainly be able to benefit but not every day. |
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Bonsaiav
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October 14, 2018, 08:09:50 PM |
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Bitcoin's very good better than conventional currencies because the only bitcoin which can provide privacy and transparency to its users and put its users to control their own money. Sometimes bitcoin has a bit of a bad reputation most of this is driven by media coverage controlled by the government which can trigger a variety of new stigma and panic action will emerge that will produce even more. Therefore we should remain patient and realize that bitcoin's a financial instrument without a state, maybe we cannot escape the existence of bad media games, government and black hands.
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TheReverend
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October 14, 2018, 09:52:52 PM |
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Sometimes panic brings good luck, it shows how fast your reaction to the market, but excessive panic is also not very good, isn't it early that you learn trading it is recommended not to panic.
but in my opinion in the midst of this highly marketable market condition, panic is a good thing to determine how fast your response is.
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Lpim01
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October 14, 2018, 10:05:14 PM |
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Sometimes panic brings good luck, it shows how fast your reaction to the market, but excessive panic is also not very good, isn't it early that you learn trading it is recommended not to panic.
but in my opinion in the midst of this highly marketable market condition, panic is a good thing to determine how fast your response is.
Panic selling mostly ends of losing as I've observed. But people don't realize it earlier cause they only think that this is the way to make some cover ups along the market condition. Panic traders bring crypto prices down and could possibly ruin its images. |
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Yamifoud
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October 14, 2018, 10:50:48 PM |
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We cant actually blame people if they do panic trading, in fact the others have makes benefits on it. We can't stop them cause this is a free market trade and they can do anything they want with their investment but absolutely they will realize it soonest and won't do it again.
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galundan9
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October 14, 2018, 11:19:21 PM |
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We cant actually blame people if they do panic trading, in fact the others have makes benefits on it. We can't stop them cause this is a free market trade and they can do anything they want with their investment but absolutely they will realize it soonest and won't do it again.
everyone certainly has their thoughts with the coins they invest, indeed we all cannot blame all those who are panicked when the condition of the coins they hold has a significant price reduction then sell them even after they have lost. but unfortunately, there are still a lot of people who are not aware of this and continue to do it again, for example, as in recent months the deteriorating market conditions have also decreased in the volume of market capitalization. |
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Gotomoon
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October 14, 2018, 11:22:14 PM |
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Panic in trading is also normal for me as a trader Because trading in crypto is much risky than I expect because you need to take the risk to earn.
panic may but don't need to think before selling it immediately. trading is risky, but if the person is smart and is good at finding opportunities, he will certainly be able to benefit but not every day. The result for panic selling is losing of your profit even your capital. Indeed trading is risks so we should know how to be patient and control our emotions. Panic trading is not good since you are aiming for profit it will resulted to loses. |
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pinkpanther03
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October 21, 2018, 09:19:28 AM |
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Most of the members of this forum always giving a reminders to the novice or old ones when it comes to this thing that
should not send emotion to sell their coins that even if its a loss you will do it because most people think that it will continue to fall
in zero value were in reality is not.
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zurc
Full Member
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Activity: 275
Merit: 100
SOKOS.io
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October 21, 2018, 12:26:19 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/Expect that bad news or fud will always come and it is a part of the crypto community this is the whales strategy to take advantage of the weak. |
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