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Author Topic: Decision in panic!  (Read 5950 times)
zerocashdev
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June 19, 2018, 01:33:38 PM
 #101

At the beginning of my journey to the world of trading, I was wrong when I panicked, but I took the lesson and invested in the currency with the knowledge that there was no need to panic, and vice versa - to use the possibility of a market fall as well as at an attractive price.
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levvv
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June 19, 2018, 02:40:48 PM
 #102

Have you ever take wrong decision when you were panic. share your experience

Luckily i haven't take any actions in cryptocurrency when i panic because i know that if you doing something with panic.
in crypto, it can be the panic buying, or panic selling. Those are bad because most of that will give your investment a bad effects.
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June 19, 2018, 02:48:56 PM
 #103

So it happens unfortunately very often in my life, when I lose a lot of money, I have the wrong decisions in the desire to return more quickly your money!
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June 19, 2018, 03:35:27 PM
 #104

Once there was news that crypto might get banned in my country and at that time I sold in loss. Later I found that the news was not true.
Mezze
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June 19, 2018, 04:27:17 PM
 #105

Have you ever take wrong decision when you were panic. share your experience

Luckily i haven't take any actions in cryptocurrency when i panic because i know that if you doing something with panic.
in crypto, it can be the panic buying, or panic selling. Those are bad because most of that will give your investment a bad effects.

It's not always that easy. Sometimes you gotta make that split second decision and it has a 50/50 chance to be good or bad. It's easy to be smart when all passes.
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June 19, 2018, 04:53:03 PM
 #106

So it happens unfortunately very often in my life, when I lose a lot of money, I have the wrong decisions in the desire to return more quickly your money!

how do you return the lost money in a short time ? because I think if we lose money in crypto then it will not come back again. unless only the price is temporarily dropped then holding is the answer, so we do not lose
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June 19, 2018, 05:12:01 PM
 #107

Have you ever take wrong decision when you were panic. share your experience



When I was a newbie, I used to panic sell that is why I lost lots of mone during that time but I have learned a lot and use my failure in order to gain huge profit margin last December 2017. But now, every time I see the market falling down, I used to invest and buy coins for a cheap price. Instead of panic selling, I panic buy my favorite coin in the market at wait it to increase its value again.

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June 19, 2018, 05:23:35 PM
 #108

Of course, this is one of the most common issue/mistake of people that have just came to the crypto sphere. Especially in the beginning, when I was trying to day trade and was entering my positions too early or too soon, man, I was a nervous wreck on some occasions.
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June 19, 2018, 05:25:54 PM
 #109

Once. I have earned particular tokens from a bounty, and decided to hold. Now, that token flops at almost 0. I wish I sell all of those.
We cannot predict in advance what coin will increase. I do not think your decision is wrong because most likely one more time your coin will be pumped
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June 19, 2018, 05:27:26 PM
 #110

They are many cases I can share, but I'd rather not.
My conclusion is that it is almost certain that decision made in panic is always wrong.
Depending on the luck of each person. Sometimes I sell some coins in my wallet, and the next day the price of the coin is down. so sometimes we need to sell the coins at the right time
charlotte04
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June 19, 2018, 05:31:21 PM
 #111

Have you ever take wrong decision when you were panic. share your experience

My bad decisions that I ever had if I panic is that I sell to easily and try to buy into FOMO if I ever know that I was being left out by big profits.
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June 19, 2018, 05:33:08 PM
 #112

   When i received my first reward in joining bounty then i see the price in exchange that slowly falling down i felt worried that's why i panic sell my tokens. Then after a month i saw the price of my token that keep on increasing i felt regret. If I didn't sold before maybe i earn too much from my hard work. What happened on my tokens is a lesson for me to learn not to panic selling when you see market down and coins price decreasing because after falling of market and all the coins it will rise and increase.
I think you did the right thing so you don't have to worry about it now or you just greedy to earn more.Because most of the tokens if the price falls it will never recover,even myself holding some tokens the prices were never recovered from that so you just made your work worth by converting that in to money at the right time because this may not happen always so your token maybe good.









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tillerthekiller
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June 19, 2018, 05:35:50 PM
 #113

Almost every single time I've fomo'ed in to a coin it has ended badly.  Always take some time to think about it.
penetrak
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June 19, 2018, 05:41:11 PM
 #114

Of course, I made a decision in a panic, especially in the beginning. I try to keep to be calm, when selling or buying cryptos, but it can not always be done, especially when the price drops. For example, I sold the Twist coins at the beginning of the year, today I would sell it for more than five times the price.
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June 19, 2018, 05:41:59 PM
 #115

Have you ever take wrong decision when you were panic. share your experience

When I panicked, I cut my losses when I saw the falling prices that lasted for a long time. And not long after my action, the price of a coin that I already sold, rose again and caused me to lose the opportunity to make a profit. That is the bad decision that I've ever made.

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June 19, 2018, 05:58:26 PM
 #116

Have you ever take wrong decision when you were panic. share your experience

Prior to crypto currencies, I had little experience trading in the fiat markets.
I already knew that without patience in trade there is nothing to do. That's why I can keep patience.
jeungo
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June 19, 2018, 06:00:47 PM
 #117

The best way to not get into the panic of the market is to have as many assets as possible in different coins, and tokens. This is a guarantee that your investment will withstand the most severe aggression from whales and bears. Another good solution is to deduce profit in dollars or euros every half a year in order to have tools for investing in a falling market.
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June 19, 2018, 06:06:58 PM
 #118

In a panic, you can never make decisions. This is the first rule of any trader. I also had this, but you should always remember if you are concerned or you are simply tired, it is better not to make decisions on the crypto currency or financial market.
nickolaileskov
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June 19, 2018, 06:18:19 PM
 #119

the panic will make everything damaged and even destroyed.
  I am convinced that everyone has made the wrong decision and it is like regret. panic when the price drops drastically then we sell coins that are owned at a cheap price. while some time later the price goes up again. but if we do not panic and can be calm in taking decisions then we can avoid the risk of losing.
Just some people are not used to the fact that there are bounty hunters here, who usually after receiving bounty tokens pour them into the market, thereby artificially lowering the cost.
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June 19, 2018, 06:32:49 PM
 #120

By making a decision in panic you might be meaning to ask if either someone has bought or sold when he panicked. Yes there are many people who might have panic sold their coins as soon as they saw a sharp decline in the price of their coin. But this is quite normal if someone is new to the crypto market as they aren't used to such volatility and for them this means that there must be some wrong news coming out that the price has dropped so much.

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