Decision in panic!

[thanhtuyenk38]

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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[Sandra999]

I believe that, in this crypto market, everyone has made one mistake or the other. Its normal in this market. We all learn by experience and the more experience we get, the better we become. This is the cycle of life in general

[Ekenegbu123]

Any decision made in a panic or rush is never the best because the right analysis is not often done about the situation and I think bad market news can make people take a decision in a panic which they will later regret it. Decisions made in a panic are not the best at all and can make you lose a lot of money.

[emanjun]

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

The decision you made when you are in panic is 50:50, it can be worse nor good for you. There some circumstances that your decision will make you feel regret after you decided. But if you are lucky enough, then the decision you made will be good for you.

[samuellim853]

Shouldn't be trading if you panic. That's why I don't trade, I'd be shitting myself if I lost 10%, just hold and try to forget about it.

[Dirk2017]

Shouldn't be trading if you panic. That's why I don't trade, I'd be shitting myself if I lost 10%, just hold and try to forget about it.

You're not feat in crypto world if you are prone to panic, panic is the most dangerous that can sweep your money. Thats the greatest enemy of yourself, in crypto world you need to eliminate your emotion, just be relax and calm. That is what you need in crypto world.

[chandrarahmadewa]

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

I once panicked in the year 2017 when I heard the Chinese government would close bitcoin mining there, so I sell bitcoin in the market. I regret a month later bitcoin prices go back and grow until January 2018

[Alex077]

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

Yes, of course, I think that every trader made the wrong decision under the influence of stress or just typical panic. If you want to avoid this you need to insure yourself as much as possible from this, for example, don't invest more money than you can lose.

[altcoin4u]

Oh, yes. I have been doing that again and again, until I have lost around $7,000 whole. So I decided before myself to never make a decision in panic. So when I feel myself emotionally boiling, I usually just turn off the computer.

[papagravel]

The best solution when the market falls is not to panic. Wait for a good price, when everything starts to grow again. I hope I can wait.

[Jaggi90]

In case of panic , just remember one qoute , patience is the key to success. So just have some patience and hold your coins. Market fluctuates regularly , if it is low today, tomorrow it will definitely rise.

[CaMeRoNy]

I've had cases where I've panicked and done things that I shouldn't have done, but I've learned from that, and now I'm being more careful. Be patient with respect to trade and don't trust anyone creeme yourself!

[Genamant]

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

I made a lot of mistakes since i started trading, mainly coz I panic. I used to sell coins when i see it dropping or when i see bitcoin price dropping. I learned that you always have to stay calm and collected so you can think better and do what's best for your trades.

[Blessed J]

This ever happened to me way back in March when Ithought the market was down and that crypto was dying so I withdrew all my money. Then in April, the market started booming and things went up so much and I really regretted. U have told myself never to make that mistake again. I'm still here in the dip because I trust in crypto.

[Lorence.xD]

I doubt you will get any personal experiences here because panic is a part of human nature and with the volatility of crypto, hard to enumerate the number of such incidents, except that you learn to deal with it eventually.

Panic selling is not good for an  investors to adopt during the time when market is dropping. Some traders do this Panic Selling to cut losses from their investment, some are just a reaction from the down stream movement of the market. This decision is either good for traders since they only into trading for short time, some hourly trading. Yet, Panic Decision is  never good to make because the possible result of wrong decision given a instant  reaction to a situation in the trading market.

[Anait]

While in panic, we cannot get rid of the loss if we are with plans to sell. If we need to recover from loss or earn back the missed profit only way is to hold without any time target.

[trinhdao078]

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.

[yetiripper]

I think every one of us present here can share the similar experience as mine, but in April 2018 I had many of alternative cryptocurrencies, and seeing all the prices falling I`ve sold many of good perspective coins for BTC.

[likketil]

In my view, desist from bartering with panic mostly involves a procedure plus a mindset of personal strength that is built upon profound groundwork.

[1goldhunter001980]

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

No I did not experience and before entering crypto market i already anticipate that sometime fall down may happened in our investment what i was doing when times like this happen is to hold and wait for the market to recover.