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Author Topic: Decision in panic!  (Read 5950 times)
vbscarred
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June 21, 2018, 09:56:55 AM
 #181

In order not to panic you need to consciously approach the topic of cryptocurrency . And if you'll use your free days you'll be calm.  And so just learn to be calm.
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oceantiger
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June 21, 2018, 10:02:25 AM
 #182

It happens every day due to human emotion which is inbuilt. Panicking will cause you loss and regret. I had MTC 3000 coins and there was this news that the coins is being dumped and i panicked and sold off my 3000MTC only for the coin to move from $0.035 to $0.45 within the next 3 weeks after i sold off.
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June 21, 2018, 09:23:18 PM
 #183

 Yes, of course. I think everyone I'll ask can share similar story, I have sold my favourite coin, thinking that it would fall significantly, and it just grows then in 4x... Sad
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June 21, 2018, 09:34:11 PM
 #184

Yes sure I have done that in the past. It actually happen that I wanted to trade a particular token which was $2 per token in the money but instead of trading once and for all,  I was of the believe that it will soon increase and make more money than usual from it but to my most surprise I saw it dropping drastically till it reaches  $0.80, I was so angry and afraid on seeing this. Angry in the sense that I should have sold in the morning when the price was high, afraid in the sense that it may fall deeper down if I don't sell on time. I decided to sell and luckily I sold for $ 0.80. After selling j check some hours later for the price and I was even more surpice see the price has gone up to $5 per token. I almost cried that I took the decision to sell at a very ridiculous price.
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June 21, 2018, 09:45:43 PM
 #185

I try to control my actions and not panic when making important decisions. We must believe that everything will be fine. The state of panic does not guarantee success.
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June 21, 2018, 09:52:46 PM
 #186

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

Surely, emotions take over most of the people and when you see everything dropping you may just sell, without even reading the news or making a decent analysis.
Rothschild said the correct thing, which works for a long time "buy when there's blood on the streets", but still you need to detect the right timing.
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June 21, 2018, 09:55:45 PM
 #187

Any decision taken when one is panicking is likely to be a wrong one. Even if it turns out to be a good one, it's just by chance.
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June 22, 2018, 01:50:14 PM
 #188

Maybe I will sell immediately when that time that I am one of them who got panic because of the price decreases. I don't know what will be the actual things to happen when it will be done in crypto.
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June 22, 2018, 01:54:39 PM
 #189

I think that it's not the time to panic, you just need to be patient and believe in the best .. best to get experience and not stand still
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June 22, 2018, 02:23:20 PM
 #190

Have you ever take wrong decision when you were panic. share your experience
 There are times that after a very long time in waiting for a certain token to have listed in the exchange and also CMC, I immediately sell it to ease the boredom and premonition that it might end up nothing, without thinking that it will pump in the next days and it happens. Regrets and there is nothing I can do for that, anyway, those are bad memories that build me to keep strong in holding, I swear it will not happen again.
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June 24, 2018, 09:17:09 PM
 #191

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

I've always started to panic and lose my money selling and buying out of time. Now I don't make rash decisions, but I often punch the clock and lose the moment! Finding a balance is not so easy as you can suppose!

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June 24, 2018, 09:34:49 PM
 #192

Yes, if you analyze the situations when you were in a frenzy. Mogz does not work with the right obrasom in his head popevlyaetsya adrenaline. Which tears and splashes out all that piqued out. Emotions are the need of the happy.
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June 24, 2018, 09:59:10 PM
 #193

I almost succumbed to panic, but my friends stopped me in time. Later I realized that this was the right decision. If I decided to sell in a panic, then I would have lost some of the money. You need to think soberly in any situation, otherwise it is fraught with losses.
Oilacris
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June 24, 2018, 10:03:18 PM
 #194

Have you ever take wrong decision when you were panic. share your experience
Case to case basis actually because there are panic times which turns out to save your from getting burned or total loss and there are panics usually causes for you to regret later on. We do know how this market moves and if you do mean about investing then panic is inevitable because of such volatile market. The thing here you should overcome is to have a clear or relaxed mind when you are already on hardship because in panic you wont really able to think up carefully and you arent aware too much on what you are doing.
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June 26, 2018, 06:13:00 PM
 #195

I almost succumbed to panic, but my friends stopped me in time. Later I realized that this was the right decision. If I decided to sell in a panic, then I would have lost some of the money. You need to think soberly in any situation, otherwise it is fraught with losses.


It's all about risk management. You won't panic if the risk is small and the risk will stay small if you don't invest too much in one coin and if you diversify.
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June 26, 2018, 06:15:28 PM
 #196

I almost succumbed to panic, but my friends stopped me in time. Later I realized that this was the right decision. If I decided to sell in a panic, then I would have lost some of the money. You need to think soberly in any situation, otherwise it is fraught with losses.


It's all about risk management. You won't panic if the risk is small and the risk will stay small if you don't invest too much in one coin and if you diversify.
I agree when you invest 5 percent of the total Deposit, then there is no panic, and when completely then you shake for days in front of the computer ) in itself even noticed )
Dart18
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June 26, 2018, 06:17:38 PM
 #197

I almost succumbed to panic, but my friends stopped me in time. Later I realized that this was the right decision. If I decided to sell in a panic, then I would have lost some of the money. You need to think soberly in any situation, otherwise it is fraught with losses.


It's all about risk management. You won't panic if the risk is small and the risk will stay small if you don't invest too much in one coin and if you diversify.

You risk small then you profit low. Diversify? Yeah that could work.
But it is also a risk that you will have to take.
When trading with so much number of token a landslide may happen that will make your portfolio full of red marks.
I bet there are not that many who does this anymore since the red have been coming most of the time.
Milka86
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June 27, 2018, 07:06:59 AM
 #198

In a panic , it is impossible to make the right decision - very often you need to cool your mind, not act . Don't panic selling coins - if you don't have a good reason , you may regret this decision
omar bakrie
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June 27, 2018, 07:09:48 AM
 #199

At the moment I feel panic, then of course there will be thinking that I had to immediately sell before more damages again. However, that feeling I am mute, my way to be stoic. I consider that the market will continue to be patterned. So when there was a sharp decline, then I believe there will be a sharp rise also. And think it will make me a little is much quieter.
Mezze
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June 27, 2018, 04:26:16 PM
 #200

It's all about risk management. You won't panic if the risk is small and the risk will stay small if you don't invest too much in one coin and if you diversify.
You risk small then you profit low. Diversify? Yeah that could work.
But it is also a risk that you will have to take.
When trading with so much number of token a landslide may happen that will make your portfolio full of red marks.
I bet there are not that many who does this anymore since the red have been coming most of the time.

If you don't diversify and you invest in few coins you're probably going to lose big. It's just not smart to keep your portfolio small.
Landslide, all of your coins in red etc. Well that could happen if you don't invest in good coins but that's your fault and nobody can take the blame but you for your lack of knowledge and bad decisions.
If you look at the current state of the market then everything you bought is in red but that's not the way you should look at it. Now is a very big opportunity to accumulate cheap alts and make profit in long run.
Now as far as the other part of your post, risk small=profit low, that's not true my friend. It all depends on how much money you invest in some coin.
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