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Topic: Stop Panic Trading! - page 9. (Read 1168 times)

sr. member
Activity: 777
Merit: 251
September 20, 2018, 10:10:49 PM
#53
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/
 
These links was quite better and have good knowledge about the tips for those individuals who had always been controlled by their emotions.
The links in the above was simple and understandable, on which I think it wouldn't be hard for the readers to adopt it, instead it is very informative actually. Just simple that if you get panic in the market or doubt we mustn't continue to do trade in the exchange platform.
jr. member
Activity: 182
Merit: 1
September 20, 2018, 10:10:12 PM
#52
in a panic investment should be avoided because it can make yourself a loss. Do not just look at the market price down and you immediately sell the coins at a cheap price. It should be like this we can see the opportunity, that is by buying as much coins as possible and hold it in the wallet so it can be sold when the price is high.
hero member
Activity: 812
Merit: 500
September 20, 2018, 09:27:40 PM
#51
Why do we have to panic with the current price situation, if you already buy at an expensive price, you just don't have to sell it at a cheap price. Just look for some time in the future the price will return higher.
full member
Activity: 2086
Merit: 193
September 20, 2018, 06:53:38 PM
#50
Newbie traders should understand how to trade in this market, and they should know hot to trade not on a panic mode. This market is highly volatile and if you are a trader and can't take this market trend better to stop trading. Panic trading is a losing money, don't let yourself to incur big loses because of panicking. Stop from doing that, trade with confidence and have a profitable trade.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
September 20, 2018, 06:38:19 PM
#49
Panic is a very malignant disease, in the trade of this disease must be destroyed. the fact is that it is very difficult to manage emotions and this is used by the pope to spread false rumors or news.
they managed to make panic and prices fall.
jr. member
Activity: 280
Merit: 1
September 20, 2018, 06:19:26 PM
#48
Panic selling is the best key for make your profit will not exhausted all of your funds. If you buy a ethereum lately and bought it for 550$ its possible that your funds now is only 210$ these will happen if you dont sell a early of your coin. That you know that the price of your coin will drop a huge price.
sr. member
Activity: 714
Merit: 250
September 20, 2018, 06:13:40 PM
#47
When price drops their is always panic trading it always happen and we cannot force others to stop from what they are doing. Let them be, when they sell they will lose and will regret when prices will going to moon. Expect the reality not everyone are in calm situation they panic and others in calm.
full member
Activity: 686
Merit: 108
September 20, 2018, 05:41:30 PM
#46
It's hard to avoid the panic being done many are hypnotized by bad news New investors are also reluctant to make purchases, in this case a good opportunity to start investing when all altcoins fall the lowest
Panicking is normal, but as much as possible better not to trade because of panic. You must still focus on the target price you have both in selling and cutting loses, panic trading is not healthy it can hurt you portfolio much and you will not succeed if you keep on doing that. Traders must set aside their emotion in this market. 
sr. member
Activity: 536
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
September 20, 2018, 05:19:08 PM
#45
yes right I think the media is paid to make fake news that aims to make people who read it panic and sell their coins even though it makes a loss I think the solution is just to believe if this is to make future technology very useful and useful for life if investment This is definitely profitable so leave the market and don't read much fud news that is not rightly focused on this investment to be sure you can make a profit

Fake new isn't the bottom line here, we must act and be strong enough to face our fears. Courage and determinations is our key to overcome this attitude and not being panic.
member
Activity: 276
Merit: 10
September 20, 2018, 05:15:28 PM
#44
I've always posited  that Panic sell is one of the cryptoristics (crypto + characteristics) that differentiate a noobs from a pro....

It's a move your hardly catch a pro make. With time and experience I believe present panic sellers will outgrow that habit.... Other noobs gonna replace them though.... Lolz

full member
Activity: 368
Merit: 100
September 20, 2018, 12:35:26 PM
#43
It's hard to avoid the panic being done many are hypnotized by bad news New investors are also reluctant to make purchases, in this case a good opportunity to start investing when all altcoins fall the lowest
full member
Activity: 854
Merit: 115
September 20, 2018, 12:31:39 PM
#42
yes right I think the media is paid to make fake news that aims to make people who read it panic and sell their coins even though it makes a loss I think the solution is just to believe if this is to make future technology very useful and useful for life if investment This is definitely profitable so leave the market and don't read much fud news that is not rightly focused on this investment to be sure you can make a profit
jr. member
Activity: 333
Merit: 1
Security and Privacy Features on the Blockchain
September 20, 2018, 12:18:21 PM
#41
Yes, there is a lot of harm in our cryptocurrency trading panic. For this, we must abstain from selling panic and keep our faith in the coin we buy.
sr. member
Activity: 1120
Merit: 256
September 20, 2018, 11:41:22 AM
#40
of course because the feeling of panic will make us worse and often experience loss or failure, and it must be in panic traders. if my advice even though the price is getting lower you all have to keep watching and be patient waiting until the coin price rises again
sr. member
Activity: 574
Merit: 255
September 20, 2018, 11:40:33 AM
#39
Yes you are right to stop panic when you are trading but you have to be careful because there are whales that will pump fake news on media and then pump the btc price
jr. member
Activity: 56
Merit: 1
September 20, 2018, 11:10:07 AM
#38
Only reasons traders should panic is when they wake up in the night sweating, remembering they didn't set their stop-losses. Anything other than that is the side-effect of bad trading strategy.

Investors on the other hand should be prepared to lose all capital that they're investing in BTC or anything else for that matter. They're not called "speculative assets" for no reason, they're exactly that, speculative. But if you've done your research on your investments and believe that they will be a crucial part in the constantly evolving world, you shouldn't be shaken at all.
full member
Activity: 910
Merit: 100
elysian.finance
September 20, 2018, 10:48:28 AM
#37
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.
panic at the time of trading, of course it can bring us considerable losses. well, so we have to stay calm, and try to take advantage of the situation. panic makes a big loss, therefore, taking a decision that can make you minimize losses.
but to avoid panic in day trading it is not easy, especially when we finish buying and prices suddenly drop dramatically, many traders make mistakes and cannot avoid panic and they sell some of the assets they have so they suffer huge losses, indeed what a trader,must do is to control emotions and not to panic easily, and especially to be able to be patient when faced with falling prices on the market .
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
September 20, 2018, 10:42:02 AM
#36
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.

they make money doing it. See:

Bitcoin Price Intraday Analysis: BTC/USD Gaining Towards $6500-Fiat

Now imagine that someone bought bitcoin for the price of $15000 and the next day see on the news channel saying that the price will fall to $6500. clearly this person will sell their bitcoins.
hero member
Activity: 1498
Merit: 537
September 20, 2018, 09:39:50 AM
#35
Depression. emotion. panic is a part and it's hard to stay relaxed. lust is always there and indeed our goal should be to be patient and also still determine the target should not be lust in trading because we could suffer losses. with great passion
hero member
Activity: 3052
Merit: 606
September 20, 2018, 09:34:51 AM
#34
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 believe everybody here in the crypto world is already depressed having seen the market continues to fall its price.And that what makes most of us resort into panic trading.But if you'll just be patient enough knowing the price will recover again,for sure you will not get lose from your investment.It really takes time to make a huge profit especially when the market is not doing good.
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