Post
Topic
Board Trading Discussion
Re: Stop Panic Trading!
by
Docnaster
on 19/09/2018, 20:10:56 UTC
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/

Pretty sure I saw people saying this same thing in January when the price started collapsing, DONT PANIC SELL, ITS JUST TEMPORARY. And yet here we are, having lost 70% of the market cap. Sometimes panic selling is exactly the right response.