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Topic: Trust you trading experience and don't panic - page 17. (Read 91978 times)

full member
Activity: 1008
Merit: 101
It is peace that you can keep your money and not sell cheaply. But now a lot of unnecessary coins the price of which will never rise. So you can lose money.
It is not good to sell your bitcoin at cheap price but holdings is good at the time of falling price, price can rise and fall both but we will have to see how it can overcome the fall, I think the best thing that we can do is not to panic and trust your earning, we have to use our earning skills and trading profit needs only skills, your knowledge and your earning.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
No doubt, experience is the best teacher. Many of the professional traders and investors are gaining more profits and have managed their risks effectively because of the past experiences.

and if you are less inexperience, don't be afraid and don't worry because you can learn from other people experience so it will add more experience to you which you can have a new experience on trading. I agree that experience is the best teacher but it only works if we can learn from something that we did before. every moves that we make in the trading will give an impact for yourself and from this, we need to take the lesson so we can have another experience. I am sure that if you can learn something from your trading, you can keep calm and not panic when the market is down.
sr. member
Activity: 980
Merit: 255
How about for the beginners who totally have no experience and such?
We also have to consider them as as they are now called traders, e also need to support them because they are also part of the market.
For the beginners, I would suggest that as young as they in trading, they should try to be curious and at the same time cautious. I believe not all experiences become learning so maybe they could just learn from others' experiences.
If you have no experience as a trader the best thing is to wait, I know that when they see the potential of cryptocurrencies people cannot stop thinking about all the money they can make in the market but things are not so simple especially now that the market is very bearish and it seems we are going to touch a price below 6000 in the next days, the best thing to do is to study the markets and some books related to them and only invest once the price has reached the bottom.
member
Activity: 224
Merit: 10
No doubt, experience is the best teacher. Many of the professional traders and investors are gaining more profits and have managed their risks effectively because of the past experiences.
hero member
Activity: 611
Merit: 500
The thing is there are a lot of people that do not have trading experience and that panic pretty easily so they help Bitcoin's price go even lower.
sr. member
Activity: 854
Merit: 267
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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, you must have confident with yourself even though you have lack of experience in this field still you must try and if you loss let it be, just be sure that you'll learn from that mistakes because no ones perfect, even those folks who are now successful had been in that situation before. And most important to remember is don't panic because it will only make the things more worse.
member
Activity: 294
Merit: 10
Good idea. Trust is a step that must be taken so as not to experience a greater defeat. The proof is that in December 2017 many people are starting to tempt at a price of about $12000 so it sells and unexpectedly that the price becomes larger even exceeds $15000.
legendary
Activity: 1316
Merit: 1011
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 so we must also trust our coins. As long as we are hodling a potential coin, we must confidently hodl it without any hesitations. Panicking won't help us so we must just trust our previous experiences in trading. Let's just be hopeful with crypto because the changes is just a part of it's votality.
The experienced traders will not get panic after seeing this market condition because they know this is how the crypto market will run. I think newbies and those who enter crypto trading recently they will take panic decisions. once we experienced both pump and dump then, whatever happens, we will not sell our coins we can hold until it gives profit.
hero member
Activity: 1778
Merit: 504
WorkAsPro
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.
Indeed, all traders need to have confidence to invest successfully in the Crypto market. Because the Crypto market is considered a new market, every transaction is hidden and there is no third party to certify the transaction. That means that the Crypto market is a market of trust.
We need to give the confidence to get rich. There is no law, no government intervention, we just live on the belief of people. we must have confidence that the Crypto market will be strong rebound, its future will be good. That will increase our wealth.
legendary
Activity: 1470
Merit: 1010
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Panic selling is not the solution, but well if you feel that a red trend is coming and could last, I wouldn't call it panic selling. Try to analyze the situation, but to me, holding whatever happens is not the solution, even if the price will end to increase again
sr. member
Activity: 742
Merit: 397
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 so we must also trust our coins. As long as we are hodling a potential coin, we must confidently hodl it without any hesitations. Panicking won't help us so we must just trust our previous experiences in trading. Let's just be hopeful with crypto because the changes is just a part of it's votality.
legendary
Activity: 1204
Merit: 1028
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.
We know that can cause of panic . if you are panic you can loss you need to be strong and dont panic for it ehen you are paniced it means you didn't trust yourself being experienced to trade.keep it up you can do it
Panic selling is not advisable at all, if you sell at panic it mean you are digging for lose not for profit, it is really great of you don’t sell at panic even if the price goes down enough, bitcoin has volatile nature it gets high and down but you will have to deal with it using patience and trust for bitcoin so don’t panic you are going to earn really high profit.
Of course it is not good t panic when you have greater chance of earning with trading and investing, if you are well skilled trust me you can earn the great of profit so no need to sell at panic your all savings, if you are at red market phase even then no need to panic, as in crypto trading fallen price rises very high but panic selling will dig at well of lose for you.
We can not make good profit unless we do not follow the market rules and principles which is the basic knowledge. Further more the market is not for panic sellers as we know that it is the business of a calm and patient person who can handle and goes with situations according to the market rules. In case if you did a mistake and if ever have gone through the panic experience then you will not repeat that again.
jr. member
Activity: 104
Merit: 3
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 yes, during my long time trading experience I have not panic yet, because I know every action or move of cryptocurrency just in case it goes down, over a period of time being a trading too much I made a mistake, so that mistake was a lesson for me.
full member
Activity: 397
Merit: 100
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 big YES, if you are in trading, you can not really panic, because you know that's what's going to happen, it can go down and it can also increase, experience in trading is a good idea to wait.
Yeah up and down, profit and loss are the parts of business and bitcoin investment is a coin business and successful and experienced trader can make money from bitcoin trading. Regular observation will make you able to buy bitcoin on low price and sell on higher price. I know it is not easy but also not too difficult. No business can give you profits without struggle.
sr. member
Activity: 882
Merit: 250
Waiting for the right time to trade is the most valuable you can have in cryptotrading.
Even if you see that rates go down it doesnt necessery means you have to sell

Do you think that now, it is the right time to trade? I suppose that a professional trader can stay in his business even when the market is bleeding: he simply finds the new alts.
hero member
Activity: 2716
Merit: 552
I agree if you hold the right coin. Not to be panic is relative hard for newbie. Sometime your experience little bit in different condition, that's why people cannot learn from their experience instantly.
And how do you know if its the right one?
I try to analyze news and rumors, but not all of them behave the same and trading rates

Good question there, because everyone has their own definition of the "right coin". Some are  just basing on their intuition and out of thin air they believe that its the "right coin". While others tends to check the historical data of a certain coin, check the market/trading volume and other technical stuff. Every coin or token could be right as long as youre making profit out of it, if not, then its more likely you have the "wrong coin".
jr. member
Activity: 448
Merit: 4
If you are in crypto trading,you should prepare your capital for whatever can happen it all.To panic when everytime you heard  a negative news about crypto,and down of price in the market,will never help you to become a successful trader. It is good to have first a more knowledge in trading before you will start it.
hero member
Activity: 1078
Merit: 501
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. Too much oanicking during the price drop down won't help us grow as traders. It is best to hodl as long as we can right until we reach the best target value to maximize our gain. We don't have to worry as long as we are confident about our hodlings.
It is not time to get worry but we need to be confident and learn about how it will grow well, I think if we buy bitcoin or any coin we will have to be trust our internal skills for trading and never think about panic no matter what will be the situation, price use to increase and decrease but we will have to act accordingly as hold when it is low and sell when it will be high.
member
Activity: 99
Merit: 10
Loss and profit is proper thing in trading, the most important if you get loss, you will learn which part of your mistake and try to not repeat it in the future, don't be panic is also good option when do a trading, because you will get little profit and sell in wrong place if you getting panic. And you must trust your experience in trading, don't believe any news or anybody.
newbie
Activity: 94
Merit: 0
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.

That is why your target goal is important. You have to stay calm and make your target price atleast you have basis when to buy and when to sell your coins to avoid panic selling and avoid losing you money.
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