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Topic: Stop Panic Trading! - page 6. (Read 1168 times)

hero member
Activity: 924
Merit: 500
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.
full member
Activity: 378
Merit: 100
September 25, 2018, 08:28:58 AM
I do not see panic anywhere, bitcoin is still more expensive than at the beginning of last year. and that's good
legendary
Activity: 1932
Merit: 1273
September 25, 2018, 07:57:02 AM
Any trading based on emotion will result in a terrible way. It is essential we make a move based on pure technical analysis without any bias. In other hands, We are aware that the majority of cryptocurrencies markets traders are a newbie, so it make them easier to get eaten by the whales/experienced trader.
jr. member
Activity: 322
Merit: 2
September 25, 2018, 07:44:25 AM
I think it's very difficult to avoid panic that is hypnotized by bad news. Consider the fact that the fate of cryptocurrency is unknown, making it increasingly difficult for investors to remain calm in the crytocurrancy world.
full member
Activity: 952
Merit: 104
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September 25, 2018, 07:38:00 AM
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/

As we see the market is at a steady pace where there is an occasional drop on our coins prices. We should never be in a panic mode, where in fact if we base the price of Bitcoin today than the previous years, we can say that it's still higher than before. So keep calm and have patience in holding our stocks.
legendary
Activity: 1386
Merit: 1058
September 25, 2018, 07:24:52 AM
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.
I would even say there is no better way to trading than the knowledge of technical analysis. A lot of people may say they do not trust in technical analysis, but that is simply because they either do not know what they are analyzing or the belief that with technical analysis, the market should just behave exactly as you want it. If things work that way, I guess we will all have been very rich by now. It is just like that in every market as TA will always be more of a guide and that is what it is.

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.
There will always be feelings of panic because beginners like you are not taking the time to learn or they have not taken the time out to practice as much as possible to gain some confidence with their strategy before the end up rushing into trading the market. That is always a lot of problem people will never stop facing because they are so much in the mind of trying to gamble their positions in the market, and that will always not come out well for them.
hero member
Activity: 1134
Merit: 515
September 25, 2018, 07:13:57 AM
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.
It is definitely not surprising and it will always keep happening as time goes on. However, panic selling can come in a number of ways, which could be someone who is selling based on his strategy, or someone who is panicking based on no strategy at all.

As long as you have a plan, and you stick with it, then I really do not see the need to panic for whatever reason. The only reason why people act the way they do when it comes to panic selling is because they are really just gambling the market and have no idea what they should really be doing in the first place.
full member
Activity: 368
Merit: 104
September 25, 2018, 02:55:52 AM
oh really? i think panic is a great react for some situation, because panic you can make a quick respons, i also hear about people saying in early year dont panic, guess what happen almost all prce coin is drow above 50-90%. so sometime panic is great react to make fast decision.
You can not get success here as long as you are a trader of keeping alive your emotions here in the most important place which is crypto trading. You are to get rid of panic decisions and processes because it will harm you at any stage if your decision is panic result will be panic. Better solution is to hold your coins if you have a time will come when it costs a lot for others then you are in profit.
newbie
Activity: 97
Merit: 0
September 25, 2018, 02:02:40 AM
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
Another way of profitable trading is that trade only in the bull market. That is the period when coins are moving up and it is easy to collect profits. Almost all the coins give profit at that time.
newbie
Activity: 84
Merit: 0
September 25, 2018, 01:33:00 AM
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
As i have always heard and learnt that never invest the amount in crypto which you cannot afford to lose. One of the major reason of panic selling trading is that people have invested their needy money in crypto.
newbie
Activity: 294
Merit: 0
September 24, 2018, 12:55:31 PM
panic stay always with a trader but panic is not good for a trader.Because panic sell has a negative impact on market. So I think always avoid panic and be positive.
member
Activity: 169
Merit: 10
September 24, 2018, 12:09:51 PM
Investors should keep in mind that even if the crypto currency market shows signs of decline, some of those currencies are likely to hold good. Panic trading will make you lose direction and can not continue investing.
sr. member
Activity: 1232
Merit: 250
September 24, 2018, 12:02:41 PM
Panic trading will be there always, this thing might not be done by all, but in cryptocurrency trading, most of them do so. The market being so volatile sometimes, it's tough to control your emotion, fear being one of the strongest emotion acting here. But this can be curbed if the individual have proper knowledge which kind of help to boost the confidence.
full member
Activity: 966
Merit: 102
September 24, 2018, 11:13:35 AM
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
sr. member
Activity: 1624
Merit: 250
September 24, 2018, 10:48:21 AM
#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.
member
Activity: 406
Merit: 36
September 24, 2018, 09:18:24 AM
#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.
sr. member
Activity: 784
Merit: 255
September 24, 2018, 09:07:02 AM
#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.
legendary
Activity: 2492
Merit: 1001
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September 24, 2018, 08:53:57 AM
#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.
member
Activity: 392
Merit: 11
September 24, 2018, 08:49:43 AM
#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
sr. member
Activity: 868
Merit: 326
September 24, 2018, 07:53:10 AM
#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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