Trust you trading experience and don't panic - page 10.

Ewinsane

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Quote from: Soranith on June 25, 2018, 12:19:29 PM

Quote from: Charloz24 on June 25, 2018, 10:49:03 AM

I also think that panic is always bad for trading. Even now, when the market is not in its best condition, don't despair. I'm hold tokens, which can give me profit in the future

No matter how we tell people not to panic we can't blame them for doing so because they invested without the knowledge of this kind of market. Most of them are newbies who did not make research and just jump into being trader. What we need to tell people is do their research first before they start trading or investing so that we can avoid this kind of scenario that adds up for the crypto to go down.

If you are doubted about your knowledge and facing with difficulties while handling the trading processes then I will suggest you to make yourself an experienced trader first. This is only possible if you start trading with less valuable currency like Altcoin or may be Litecoin.

With continuous short term trading you will get experience there and incase of loss you will not face with huge loss here because Altcoin is less valuable.

TheKeyLongThumbI

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I've witnessed some of the crashes last year and I still feel the panic everytime bitcoin touches another low just like the recent $5k mark. The only difference is I did not sell anything which is a good improvement for me. I hope that if another crash like this happened again, I'll be numb just like a rock.

ethereumhunter

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Quote from: GrayFullbuster on July 01, 2018, 10:26:19 AM

Quote from: Qunetick on May 19, 2018, 11:09:26 PM

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

You can't ensure that you can earn profit from trading if you do not trust yourself. Your trust will help you for you to make wise decision. Do no think negative and always think positive for you to avoid losses.

both of you are right, with always thinking positive, not panic, we can always solve the problem in trading and we can find a solution to not getting lost too much. this will need more experience so we can have this thing but once you can handle it, you don't have to worry if the market is going down and it seems you cannot make any profit because you trust your trading experience and you are not panic.

henmark

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Quote from: KorakPawon on June 27, 2018, 09:16:02 AM

if faced with a problem with panic it is not a solution to get even worsen the situation and the remaining regret, let alone in binis, when a deteriorate we sell all our assets ethical situation improved regret it must be because if the nominal look.

This is what we need to work on and if you are able to come up with a solution to your this problem, you can escape some good loss and this is what every one wants. This is not a tough task. You just need to stay patient and passionate about your investment when the market is red. Do not be afraid of the loss. You will not loss until and unless you sell.

BartS

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Quote from: Webberson on June 27, 2018, 03:48:22 PM

I would like to say that whenever there is a panic sale, it does mean that emotion was involved in that trade, which is actually not the best practice. Having a working trading system which had been tested overtime, should be, to a certain level of degree be relied upon, in order to avoid the occurrence of panic sales.

When you are trading you should have a mechanical system to make profits, you are supposed to buy immediately when you see some signals appearing all together and to sell when the same happens, but people rely on their intuition and when you do this and you do not have a system then it is way more likely you make mistakes since now you are relying on your feelings, I know it can be very hard to do what the system tells you when your feelings tell you the opposite but if you want to earn money you will have to do it.

GrayFullbuster

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Quote from: Qunetick on May 19, 2018, 11:09:26 PM

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

You can't ensure that you can earn profit from trading if you do not trust yourself. Your trust will help you for you to make wise decision. Do no think negative and always think positive for you to avoid losses.

Sowik

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The thing is that by having experience in the field of crypto trading long enough and much more capital, the more make me confident in facing the development of crypto market that increasingly not conducive. At least not make me panic or despair.i

other_slides

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I understand that a person who is already prone to panic is very difficult to convince, but I still try. People, if you're afraid to take a risk you'll never get anything. Evolution is always a risk.

beezunus

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trading in need of good knowledge and skills about trading and with experience you will also gain good knowledge about trading and how to deal with current situation, so the more experience you will be able to overcome the risk

Bosx1ne

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Quote from: Qunetick on May 19, 2018, 11:09:26 PM

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

If you can trust yourself, then you should not worry. The reason why many traders are panicking because they do not have high self confidence. They can't make wise decision because they are panicking.

futuret

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Quote from: blackandred on June 30, 2018, 10:01:22 AM

this is very reasonable . especially in the bear market , we need to maintain our beliefs and we need some patience . a few days ago bitcoin prices were close to six thousand dollars . i kept it , and now it is starting to recover again .

You are doing well because if we will be confidant that those coin which we invested are the best so there will be nothing to worry even if the price is falling because it will rise once again to high, patience and self trust is one if the perk success in crypto currency, trust your skills even if you are facing a downfall, bitcoin recovers too fast because it has millions of supporters in every country so don’t worry no need to panic.

Kambal2000

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Quote from: syamster on June 30, 2018, 02:55:33 PM

Quote from: laravuemaster on June 26, 2018, 11:54:45 PM

Quote from: Qunetick on May 19, 2018, 11:09:26 PM

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

Yes you should always calm your self on trading because if you are going to sell your coins immediately without analyzing the situation then there is a huge chance for you to lose a huge amount of your coins in no time.

Of course not only in trading but in investing as all panic selling is not advisable. Just keep believing yourself if you know it well that trading has a lot of profit for us then push yourself into it, don’t be bothered by any negative news it all fake, it is nature of bitcoin it rise and fall so we should not lose our hope this time and never in future, trading needs only skills and determination so if you have them both you will never lose anything but you will only earn good profit.

That is right, we should always trust our instincts and are belief most of the time especially when we do have a basic knowledge about trading and we are not guessing what we are doing, so it if fine, we should also follow what we belief and we are doing sometimes, since courage will begin with us.

syamster

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Quote from: laravuemaster on June 26, 2018, 11:54:45 PM

Quote from: Qunetick on May 19, 2018, 11:09:26 PM

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

Yes you should always calm your self on trading because if you are going to sell your coins immediately without analyzing the situation then there is a huge chance for you to lose a huge amount of your coins in no time.

Of course not only in trading but in investing as all panic selling is not advisable. Just keep believing yourself if you know it well that trading has a lot of profit for us then push yourself into it, don’t be bothered by any negative news it all fake, it is nature of bitcoin it rise and fall so we should not lose our hope this time and never in future, trading needs only skills and determination so if you have them both you will never lose anything but you will only earn good profit.

Rodeo02

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Quote from: MiXxe on June 30, 2018, 12:11:27 PM

Quote from: alfs75 on June 30, 2018, 10:38:02 AM

Quote from: Qunetick on May 19, 2018, 11:09:26 PM

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

Its a good advise and encourage topics you given to us bro and we thanks for these,and you said thats our experience in tradings is very important even the situation in the market now getting worst,so therefore to survive this,bleeding market its better thats we broaded our patience and hold on,until the situation of the market will going back to normal and we discourage those FUD emotion,so that we become successfull soon into our trading investment.

Practical wise, this is very helpful. We often say the experience is the best teacher and this is the best time to apply it. We used to experience some crash in the cryptocurrency before. Maybe most of you will say that the situation right now is far different from what had happened before because in the first place, the time of recovery wasn't as late as this. But then, both time had experienced downfall and might as well experience recovery.

as per what you have been experience even bad or good may become your lesson to be on how are you able to excel your skills on trading well panicking are may not to take in good result cause as you everytime let it to lead for you well for what may happen for you is bad lesson to be.

MiXxe

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Quote from: alfs75 on June 30, 2018, 10:38:02 AM

Quote from: Qunetick on May 19, 2018, 11:09:26 PM

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

Its a good advise and encourage topics you given to us bro and we thanks for these,and you said thats our experience in tradings is very important even the situation in the market now getting worst,so therefore to survive this,bleeding market its better thats we broaded our patience and hold on,until the situation of the market will going back to normal and we discourage those FUD emotion,so that we become successfull soon into our trading investment.

Practical wise, this is very helpful. We often say the experience is the best teacher and this is the best time to apply it. We used to experience some crash in the cryptocurrency before. Maybe most of you will say that the situation right now is far different from what had happened before because in the first place, the time of recovery wasn't as late as this. But then, both time had experienced downfall and might as well experience recovery.

BariaczRoni

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Quote from: Qunetick on May 19, 2018, 11:09:26 PM

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

I agree with your opinion. When we enter the trading market, we must take risks. That proves you have accumulated enough experience needed to succeed. So there is no reason for you to experience feelings of fear affecting your work. You need to be confident and calm before all situations

Bustart

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Quote from: gabmen on June 30, 2018, 02:26:37 AM

Quote from: krayzie32 on June 29, 2018, 12:22:12 PM

I totally agree with you that panic selling is not a solution. but i also do not think that trading now is a good choice. with the bear market, you should hold for the recover to earn money

Well with experience comes knowledge and being knowledgable would lead to making good sound decisions. Panicking is never a good one. If you're a newbie, accept mistakes and learn from them. No trader is perfect, it just goes down to how you'll handle things that aren't going your way

Good and bad experiences teach us lessons and it's up to us how we grasp those learnings to help us grow. No one ever started being excellent, so the importance of experiences have brought so much motivation and strength. Trading may not be easy, it's risky and you need to be knowledgeable, be informed, and updated to play the game wisely. However, I think with great dedication, patience, and positivity it would lessen the burden and make you decide creatively and productively.

alfs75

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Quote from: Qunetick on May 19, 2018, 11:09:26 PM

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

Its a good advise and encourage topics you given to us bro and we thanks for these,and you said thats our experience in tradings is very important even the situation in the market now getting worst,so therefore to survive this,bleeding market its better thats we broaded our patience and hold on,until the situation of the market will going back to normal and we discourage those FUD emotion,so that we become successfull soon into our trading investment.

blackandred

newbie

Activity: 154

Merit: 0

this is very reasonable . especially in the bear market , we need to maintain our beliefs and we need some patience . a few days ago bitcoin prices were close to six thousand dollars . i kept it , and now it is starting to recover again .

acener

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Quote from: Qunetick on May 19, 2018, 11:09:26 PM

We should trust our experience in trading even though the situations got worst, and I don't think panic selling is the solution. What will happen to your future profit if you sell it all due to you're panicked? That's why we should stay stronger and keep the faith burning so we could stand against negative speculators.

I agree with you. Staying positive during this situation is the best thing that we could do if we would want to maximize our gain. It is important that we know how to value the market. It's votality is given and we can't do anything to control it so we must just learn how to handle our emotions for it. Just have patience and wait for the best time to sell.

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