Post
Topic
Board Trading Discussion
Re: Stop Panic Trading!
by
fibrolit
on 24/09/2018, 14:07:02 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/

     Panic,panic,panic....the word that can't help people to success and make people to down when they saw market is going down and don"t know when it will recover. Mostly people are affected of this word but the only thing we can do is to contradict this word. Instead of panic selling why not try to hold and wait because market downtrend is just normal scenario and everything will go back to normal.
Trading bitcoin and other crypto-currencies is young enough to make some serious statistics,but it has already been noticed that in the period from October to December,bitcoin grows by 70% on average.This is probably due to the growth of additional transactions,which for accounting and tax reasons should be completed before the end of the year. The best time to buy cryptocurrencies is the beginning of spring.