Trust you trading experience and don't panic - page 18.

valentine401

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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.

We already came from this kind of situation last year, the market prices are all decreasing because ico's in china are banned last year and everyone is panicking in the market to sell their coins but still bitcoins managed to reach $19k dollar before the year ends so you should already know how to act in the situation like this.

otundebis

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If you have been paying needed attention to your trading history, you must-have discovered golden lesson that would have informed you trading skill and method in such a way that you can always win your trade! Your trading experience is your goldmine, you can always rely on it to make good trading decision!

Everandi

newbie

Activity: 47

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Quote from: sana9826 on May 19, 2018, 11:22:58 PM

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

MiXxe

sr. member

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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.

ethereumhunter

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Quote from: zanezane on June 12, 2018, 04:05:13 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.

And fully trust your coins that it will give you a profit that you'll never forget. In everything we do if panic eats us all will just messed up so learn to control the emotion even it's unlikely to do so. Panic won't help us anyway.

and stay calm if the market is down so we can find a solution to prevent a big loss. the emotion factor can make us become panic and we should hold the emotion to not have a negative mindset. always watching the price in the market and to analyze for the trend so you can know where the price wants to go or at least you can get the sign about what you need to do in the next hour. it still needs more experience to not getting panic but I am sure that we can do this.

Souldream

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Quote from: fluctuations on June 12, 2018, 04:06:32 AM

Theoretically so. But to do this is not easy. This is a human psychology. As a good investor, we need to analyze and evaluate the market situation and be patient with what you have analyzed.

I truly believe that experiences can teach us a lot more valuable than what we only read and know. But sometimes we can't trust our gut feelings, sometimes we shouldn't have to just rely on what we have known and experienced instead we should always practice and trained our mind to keep on discovering things more about cryptocurrencies.

KorakPawon

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Quote from: zanezane on June 12, 2018, 04:05:13 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.

And fully trust your coins that it will give you a profit that you'll never forget. In everything we do if panic eats us all will just messed up so learn to control the emotion even it's unlikely to do so. Panic won't help us anyway.

but if you are experienced you should be able to think if this will happen and can act how to keep us gain profit in trading, although not large but also not too big losses.

pinoyden

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Quote from: Nasonn on June 12, 2018, 04:23:23 AM

It takes a lot of strength not to panic sale especially as a beginner, initially when I started trading I panic sold thinking I've made profit only to watch the same coins do more than 10% of what I sold them for.

that is pretty normal for every begginer to panic and do unwanted things because they still have a lack of experience or knowledge in regards to how crypto trading works but as soon as youl learn from your mistakes you can eventually notice that you are now improving.

Quote

Re: Trust you trading experience and don't panic

this will only applicable to pro and experience traders because if you are a begginer you still dont have a trading experience that you can trust on , that is also the reason why newbies usually panic.

Nasonn

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It takes a lot of strength not to panic sale especially as a beginner, initially when I started trading I panic sold thinking I've made profit only to watch the same coins do more than 10% of what I sold them for.

hoavantathan

newbie

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Yes you can. You can only trust in your prediction after analysing. Do not trust anyone without discussion. Thinking like sharks is all thing you must do

fluctuations

newbie

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Theoretically so. But to do this is not easy. This is a human psychology. As a good investor, we need to analyze and evaluate the market situation and be patient with what you have analyzed.

zanezane

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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.

And fully trust your coins that it will give you a profit that you'll never forget. In everything we do if panic eats us all will just messed up so learn to control the emotion even it's unlikely to do so. Panic won't help us anyway.

kostagr33k

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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.

giarised

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Quote from: Kirito-kun on June 08, 2018, 09:13:33 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.

Precisely, just keep believing in yourself, if you knew that it is good for then push for it and don't be bothered by negative speculators. If you have been in this industry for a long time then there's no need for you to worry because I know that you can manage this situation. Panic selling would never have a good effect yet, it will never be a solution for our problem.

This is the spirit. One should never loose money due to panic selling. One should rather be wise enough to make the good move in the market keeping the market condition in the market. Besides, one should relearn about the technology if one has incurred loss in the past. There are actually some good online channels on YouTube which teaches the great tricks and tips to stay alive in the market.

kaizerblitz

full member

Activity: 504

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Yes ofcourse panic is the main reason why your loss in trading that's why i learn to be patience and give effort for waiting to price back to normal i use to buy more coin instead sell it for loss and buy another one.

Finestream

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Quote from: Idrisu on June 11, 2018, 02:33:00 PM

Yes, we should try to trust our experience and work hard in other to be able to develop your skills and knowledge on how cryptocurrencies work and the right time to buy any coin and sell them for profits. I think many people that do trade cryptocurrencies and bitcoin did not trust themselves and that is the reason why they do sell out of panic.

In my own point of view,it's really hard to keep strong especially if you see the prices keep falling and all your investments are already drowning.But if you jump into panic selling,it will make you a loser even more.So you have no one to trust but your own self.Keep calm and trust your own experiences because it will be your best asset to succeed in trading with full of risks.

automaticmoney

member

Activity: 420

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Bitcoin price is now under Fud effort so now putting positions is not advisable we should wait for right movement and sell the coins in profit until then it is suggested to hold in return

Zadicar

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Quote from: ethereumhunter on June 11, 2018, 11:29:15 AM

Quote from: jeepuerit on June 11, 2018, 02:22:31 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 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.

that is right, I think with your experience, we can do analyze the market and if the market still down, there must be a lower price that we can wait so we can buy any coins. besides that, with the panic that we have, this will not help us to think about how to determine the good price to buy because we cannot see where the price will go down.

We cant really avoid not to panic and i do see its a normal thing which most of the time our minds do react when the market price is dumping. Most of the time our experience with the market will definitely make us more confident on any situation because we do already familiarize on what would possibly happen along the way. Due to speculative market we can make our presumptions. Comparing your newbie and experienced days you will able to identify the difference thru your actions. We do really need to experience it first before we would able to built up ourselves to be capable to trade on this very volatile market.

Idrisu

sr. member

Activity: 924

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Yes, we should try to trust our experience and work hard in other to be able to develop your skills and knowledge on how cryptocurrencies work and the right time to buy any coin and sell them for profits. I think many people that do trade cryptocurrencies and bitcoin did not trust themselves and that is the reason why they do sell out of panic.

ethereumhunter

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Activity: 2912

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Leading Crypto Sports Betting & Casino Platform

Quote from: jeepuerit on June 11, 2018, 02:22:31 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 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.

that is right, I think with your experience, we can do analyze the market and if the market still down, there must be a lower price that we can wait so we can buy any coins. besides that, with the panic that we have, this will not help us to think about how to determine the good price to buy because we cannot see where the price will go down.

Topic: Trust you trading experience and don't panic - page 18. (Read 91978 times)