Stop Panic Trading! - page 5. | Bitcointalksearch.org

SirLancelot

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Quote from: syaripudin on September 20, 2018, 03:26:33 AM

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.

Yeah, and I will love to add knowledge coupled with experience is always the best way to go. Usually, you gain knowledge about some certain things, practice the knowledge to build up a strategy for yourself, and stick with it as you keep taking advantage of the market, which is why over time, the experience comes in.

People panic because they lack the knowledge, the experience and any form of strategy to want to make market decisions. In such cases, it always leads to fatal failure.

syarifudin

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Quote from: Vangar on September 19, 2018, 02:06:41 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/

when I decided to learn trading, my friend said that in the world of trading we must be calm and patient
these two things that I got from my friends, and when I practiced these two things are really important in trading, because we will be faced with two other things that are ready to experience defeat and are ready to benefit

Kasabus

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Quote from: Aivaryamal on September 26, 2018, 09:16:08 AM

There is no need to panic, now there is so much positive news that many large companies will enter the market, you only need to be patient and wait for even greater highs

Gonna stop others if they feel uncomfortable with the current situation we have and make their decision to do selling even in low price. A lot of times we've been shouting to keep holding and never do panic selling but they might get hard to control their emotions and just commenting suicide.

Aivaryamal

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There is no need to panic, now there is so much positive news that many large companies will enter the market, you only need to be patient and wait for even greater highs

alan2here

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Quote from: DaughterOFbitcoin on September 26, 2018, 08:08:59 AM

Quote from: BlackPanda on September 23, 2018, 07:56:37 PM

Quote from: CASTIEL05 on September 23, 2018, 06:57:14 PM

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.

Trading is not an easy job. It needs experience, knowledge and skills to make money from crypto trading. In my opinion one should first spend some time with a crypto trading expert so that he can gain experience in less time. When he realizes that now he is able to start his own trading then he should invest his money in crypto trading, otherwise panic will be your companion till the end.

The big investors are scared at this stage and are feeling very depressed at the current situation. It can be seen that panic is unnecessary but it will happen in the future and this is unavoidable. The best advice would be to calm down before deciding on something because the mistake will always happen and the right choice will be less and less if you are not calm.

DaughterOFbitcoin

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Quote from: BlackPanda on September 23, 2018, 07:56:37 PM

Quote from: CASTIEL05 on September 23, 2018, 06:57:14 PM

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.

Trading is not an easy job. It needs experience, knowledge and skills to make money from crypto trading. In my opinion one should first spend some time with a crypto trading expert so that he can gain experience in less time. When he realizes that now he is able to start his own trading then he should invest his money in crypto trading, otherwise panic will be your companion till the end.

boty

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it seems very difficult to remind not to panic and I think it will be very useless because there are still lots of new traders who are panicked and cannot know the right time to buy and sell coins so they become panicked like that and will be very detrimental.

vfrcbv91

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Personally it helps me to calm down cigarettes. Yes, it's harmful, I know, but it's the only thing that quickly calms the nerves.

wendiar19

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yes you should be right when trading do not panic because when trading but it is easy to panic then it will make your soul become disturbed and you will get angry easily because it will definitely make you lose.

Mpamaegbu

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It's not even a good advice that people should not indulge in panic trading. If traders are too wise to avoid this, there expectedly won't be the needed volati needed in the market and profits and losses won't be made. It will be boring.

Blue_oxen

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if they dont panic sell how you can make money from them. if everyone just hold. how we can make huge profit with cheap price. you dont need to care about newbie. they will learn alot after loss their money

cunguks

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Sometimes panic selling is the right thing to do, and sometimes it is also the wrong thing to do. Just always keep in mind that we, I mean everyone, have strategy in managing our portfolio, even in our daily trading. As long as we can control our portfolio, it's okay. Then when you think it's best to sell, you can do it. This should be done after some thoughts based on your situation and projection for some times ahead. Just don't do selling for no reason, I mean don't only follow those know-nothing-situation reaction.

flying_bit

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Quote from: Vangar on September 19, 2018, 02:06:41 PM

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!

dirty secret? when media say buy go quick sell or cutloss and when media say sell hodl coz it's a trap and you regret not hodling.
What's my point? don't believe all what you read. Analyze and think for yourself. Don't believe in sepf proclaimed guru unless you have proven for yourself that that person deserve to be trusted with their insights and trading view. Most of all, dude, this is old cliche and passe but beware of FUD amd FOMO.

DJohnson

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This is why I prefer trading with predefined strategies most of the time, and automating their execution. This way, I'm taking my emotions out of the mix. I feel like with a well defined strategy that I am confident in that the strategy will be successful so I no longer need to worry about making a decision in a panic.

apityeh71

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Yes we not need to be panic, if you just bought on the bottom price is better just hold it for long term trading, because crypto is not dead but this is only phase to be boom market. There are always bottom and top price so not need to be panic sell or FOMO.

kopijos

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beginners will definitely not be able to control the situation and will surely feel panic in trading, it can happen and will happen. so I think it needs knowledge of the beginner traders and don't panic about any trading.

marine4u

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Quote from: Keyboard PC on September 25, 2018, 08:44:21 AM

yes you are as good as these traders can not panic when trading because if they panic when trading then they will only get losses that can make them worse, so trading must be patient and don't panic if the price falls then hold and wait until prices rise again.

Transactions in fear often result in very bad results and investors have to regret it. Be calm before trading because it directly affects your investment. If you have too much loss in a short time, then you should stop for a while until you really calm down.

Aion2n

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My trick is in understanding two things:
1. Such a drop in the price is normal after such rapid growth as in December.
2. After the price falls (however long it will last), its growth will occur.

Also, some actions help me. I look at the price for bitcoin only once every 2-3 days, and for other currencies once a month. This helps me get rid of unnecessary worries about the price fluctuation. Also I began to read less crypto currency news.

As a result of all this, I don't think about crypto currencies 24 hours a day. And when I see that the price has once again lowered, then I'm not nervous, because I know for sure that this is temporary.

Dart18

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It was hitbtc actually that made me panic. Damn those trolls.
Social media might also be the culprit since it is the easy access for everyone with their smartphones. Newbies who are looking for new crypto currency that they want to support tend to believe there.
It is a good thing though being in this forum, somehow we can take other opinion into what is real or not.

Perrigeni

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Why to stop players who want to sell cryptocurrency? Let sell then the price will begin to grow much quicker. To us it will be very good.

Topic: Stop Panic Trading! - page 5. (Read 1168 times)