Stop Panic Trading! | Bitcointalksearch.org

zurc

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Quote from: Vangar on September 19, 2018, 03:06:41 PM

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.

pinkpanther03

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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.

Gotomoon

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Quote from: devinks on October 14, 2018, 02:21:47 PM

Quote from: rapsa2018 on October 14, 2018, 08:37:57 AM

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.

galundan9

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Quote from: Yamifoud on October 14, 2018, 06:50:48 PM

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.

Yamifoud

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★Bitvest.io★ Play Plinko or Invest!

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.

Lpim01

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Quote from: TheReverend on October 14, 2018, 05:52:52 PM

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.

TheReverend

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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.

Bonsaiav

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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.

devinks

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Quote from: rapsa2018 on October 14, 2018, 08:37:57 AM

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.

rajuahmed330

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Quote from: Zicasu on October 09, 2018, 04:17:21 AM

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.

rapsa2018

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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.

Maslate

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Quote from: cryptolidus on October 13, 2018, 05:33:22 PM

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.

cryptolidus

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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.

alentmay

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Quote from: nisya on October 05, 2018, 02:59:32 AM

It is not easy to stay calm in trading especially if all coin has decreased too deep. I see that many people still get panic on this and they cannot hold any longer and many of them are attracted to sell the coin at the low price. I agree that we must learn about how to not panic in every situation so we can remind calm and we can make a decision regarding what happened in the market.

If you have no patience and can not stay calm in the such market conditions then you have only one place that is a place where you will only lose and nothing more. If your luck is good then you may get small profit but for panic sellers there is not a satisfactory result and even panic selling is not a solution. In order to solve this problem you need to wait only which will result n profit and nothing more.

kokliko

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Quote from: btcmegastar on October 13, 2018, 02:47:15 AM

Quote from: sakokinak on October 09, 2018, 01:09:28 AM

Quote from: mornabo on October 08, 2018, 10:18:18 PM

Quote from: nisya on October 05, 2018, 02:59:32 AM

It is not easy to stay calm in trading especially if all coin has decreased too deep. I see that many people still get panic on this and they cannot hold any longer and many of them are attracted to sell the coin at the low price. I agree that we must learn about how to not panic in every situation so we can remind calm and we can make a decision regarding what happened in the market.

You right, you know not all panics are experienced by only newbies, most users also experience the same thing especially if there is a big deeps, but what distinguishes experienced users with newbies is in responding to that panic, they won't let panic take over their choices

You can look at the prices of Bitcoin from another point of view. Just think that it was very strange when BTC jumped up so high close to the end of the last year.

Nobody will bother much when the price is kept increasing because we have seen the Bitcoin is at top value but when the price starts decreasing we can see most of the people will start a panic about the market. We have to be very careful either the price increase or the price is decreasing because even though it drops there is a chance for it to increase.

For the crypto market, we need to keep calm and absolute confidence. When panic, trading can lead to failure, because they often cause panic even after you have some control over your anxiety. Keep this in mind as you learn to control your panic.

pungopete468

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Quote from: OrangeII on October 09, 2018, 02:43:52 AM

Quote from: Bitcoin_Delivery on October 09, 2018, 02:32:24 AM

Controlling emotions and in ourselves is very important when the market is floating. because this emotion can lead to loss. emotion. both passions are important things we must control

well, this is something that is always reminded every time trading. however, sometimes lust is greater and keeps us going. well, maybe learning to control lust will be very good at trading. thankful for every profit you get.

In my opinion, we can control by making profit and loss targets that require us to stop basically this is back to our nature if we cannot breathe the same to be able to control it difficult

denbagoes

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The panic in yourself will make things even more chaotic. We should face the Cryptocurrency market conditions calmly so that we can think logically to plan in the future.
Most people who trade are when the value of the price drops or falls in value the price of the coin they panic and sell all their coins, because they assume they will lose a lot if they don't sell coins that fall.

btcmegastar

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Quote from: sakokinak on October 09, 2018, 01:09:28 AM

Quote from: mornabo on October 08, 2018, 10:18:18 PM

Quote from: nisya on October 05, 2018, 02:59:32 AM

It is not easy to stay calm in trading especially if all coin has decreased too deep. I see that many people still get panic on this and they cannot hold any longer and many of them are attracted to sell the coin at the low price. I agree that we must learn about how to not panic in every situation so we can remind calm and we can make a decision regarding what happened in the market.

You right, you know not all panics are experienced by only newbies, most users also experience the same thing especially if there is a big deeps, but what distinguishes experienced users with newbies is in responding to that panic, they won't let panic take over their choices

You can look at the prices of Bitcoin from another point of view. Just think that it was very strange when BTC jumped up so high close to the end of the last year.

Nobody will bother much when the price is kept increasing because we have seen the Bitcoin is at top value but when the price starts decreasing we can see most of the people will start a panic about the market. We have to be very careful either the price increase or the price is decreasing because even though it drops there is a chance for it to increase.

corrado25

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Quote from: Bitcoin_Delivery on October 09, 2018, 02:32:24 AM

Controlling emotions and in ourselves is very important when the market is floating. because this emotion can lead to loss. emotion. both passions are important things we must control

The best advice for those who panic is not to go to the exchange on the coinmarketkap and not to turn on the computer at all, so that under the influence of emotions do not sell yourself in a minus. better to rest))

tanxpresisit514

newbie

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Quote from: nisya on October 05, 2018, 02:59:32 AM

It is not easy to stay calm in trading especially if all coin has decreased too deep. I see that many people still get panic on this and they cannot hold any longer and many of them are attracted to sell the coin at the low price. I agree that we must learn about how to not panic in every situation so we can remind calm and we can make a decision regarding what happened in the market.

When the price of bitcoin is still cheap, only hundreds of dollars for one bitcoin price drops no one panics. Then the price rises to thousands of dollars for one bitcoin, people begin to question when prices go down, then make an analysis as if bitcoin is not good for trading. Actually, bitcoin is the same as fiat currency, when prices rise and fall. So use logic, and analyze it so you don't lose, because if you know when prices go down, it can also be profitable.

Topic: Stop Panic Trading! (Read 1116 times)