Quote from: dunfida on October 24, 2018, 09:23:02 PM

Quote from: Omega Weapon on October 24, 2018, 09:11:00 PM

Quote from: Pattart on October 17, 2018, 01:54:55 AM

Quote from: criptouser on October 07, 2018, 04:05:43 PM

your main fear is losing your money. To avoid this kind of fear, you need to invest the amount that you do not mind losing.

Thats right, dont invest more than you cant afford to lose, this strategy is simple but works. not only because you are fear of losing then you are afraid to take certain steps and decisions. therefore adjust capital to your financial ability so that you are not afraid of the risks there and your calculations can be made carefully..

It is one of the most basic lessons about trading and yet people always get that lesson wrong, it seems they think they are above the most basic principles of trading not understanding that are precisely those principles the ones that are going to save you when you make a mistake, I say this because I have seeing it, I knew of a few people that lost almost all their money in a single trade and they refused to sell because the price was too low and they kept holding their coins until its value was zero.

Sometimes panic sell do really have some advantages even most people do talk about the effects of it.I have experienced lots of situations on where you should
really need to sell up to cut loss and that's effective because such decisions leads for me to save my entire capital on burning gradually.Not all coins will recover
so you would need to get out before its too late.Fear on trading does simply signify that you are afraid to lose money which is indeed part of investment.

Panic selling is terrible because people lose money, however holding your coins despite the huge evidence that the price is going down and that is not going to recover soon is an even greater mistake that is even more common than panic selling and it can be as devastating, so if anyone is in this market to try to make money please read a few books about it before you do it.