Decision in panic!

[thuthi7]

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.

[1714791084]

1714791084

[klement.i]

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.

But I guess it's not too much regret. Many thus lost tens of thousands. The most important thing is not to panic. And treat tokens as if you don't have them. You have nothing to sell. But when the price will suit you, sell. Set a clear goal, not a "get rich".

[mayokaren]

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

It's normal that we will encounter panic as we are dealing with money but we must control our emotions to decide it correctly.

[caoboinhacso]

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

This thing will happen usually in this market. I think everyone when participate in this market has all experienced that feeling. With me, the begining time, I used to follow the price and it made me depend on it and felt panic when the market go down, so I bought at the top and sold at the bottom many times in panic 

[rapsa2018]

There are also many people who use the bitcoin when the price drops.Okay other crypto coins you can not really avoid panic and sell it at a cheap price because usually a coin falls short of it and will not increase again in the past price.

[AoniOn]

There are also many people who use the bitcoin when the price drops.Okay other crypto coins you can not really avoid panic and sell it at a cheap price because usually a coin falls short of it and will not increase again in the past price.

Therefore, it is necessary to choose good tokens. In whose survival you are 100% sure. The fact that they ever, but will return to the same price, that would not even go into the minus.

[borjois56]

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

when i have bought ico coin lending, i got panicked, because the coin lending is a scam, my money is lost for being cheated, that's my experience

[taiwww]

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

Yeah once in while everyone makes such kind of mistake   and I have done it too. It was XRP which I sold in my ounce state. However I am not panicker now a days but back then I did the huge investment in the XRP and when XRP was login up all the way to 3.25 USD then I was pretty confident about this project and thought it will go even further than this so I kept holding everything. But as soon as the market reverted then I got panicked about it and sold everything when the XRP reached to prices of 1.2 USD.   However just after that there was one more spike whci led to XRP hit the price of 2.5 USD around and then I realised I made huge mistake about it.

[Sarcasm]

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

Yeah once in while everyone makes such kind of mistake   and I have done it too. It was XRP which I sold in my ounce state. However I am not panicker now a days but back then I did the huge investment in the XRP and when XRP was login up all the way to 3.25 USD then I was pretty confident about this project and thought it will go even further than this so I kept holding everything. But as soon as the market reverted then I got panicked about it and sold everything when the XRP reached to prices of 1.2 USD.   However just after that there was one more spike whci led to XRP hit the price of 2.5 USD around and then I realised I made huge mistake about it.

For that I have a case where I panic and do things I should not do, but I learn from it, and now I am more careful. Be patient with the trade and do not trust anyone who makes it your own.

[sadmaster]

There are times that we cannot control our emotions everytime the price goes down. And we panic because all that you invest turns to loss and panic to sell it even in a low price. But in all our decisions we make, we must think wisely and stay calm. We have to think positive.

[sjbi]

Panic is like dead game which will do nothing good in the crypto market. You cannot earn money if you resort to panic-sell. Crypto market is highly unstable. So it will go up and down in prices in no time. So keep patience.

[olenka.1988]

Yes, the effect of the crowd is a terrible weapon, panic makes a house, so if you do not have your own opinion and habit of checking any information, then you are also an alarmist, because you eat what you are given without getting yourself

[Innocant]

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

Actually i'm always experience on that when the prices in the market was in falling down so it is my first time in trading that's why they have a time i'm going to panic i'll sell some of my coins in the market.

[jingyu27]

Yes, I made the wrong decision to sell most of my coins when I panicked on September 4, 2017. However, in January 2018, the price had risen to a very high price, and later I found the deal. The secret is that it cannot be influenced by market sentiment

[sjdk]

Why panic? I panic every day. Bitcoin has been falling for months, and I'm used to it. Whenever prices start to collapse, we need to keep a good attitude and patience.

[Kettle255]

Panic sellers are all over the crypto market which is why it is so volatile. When mt gox moved a few thousand bitcoins, there was a massive dump due to panic sellers cashing out before a price drop. I have panic sold and learned from my mistakes, hodl good coins as they will always go up!

[zero714309]

A few months ago I made the wrong decision,some months hold xlm coins buy at the deep price wish will rising in a moment.Already often looking for news and technical of a person but hope was lost when the btg come out,I sell xlm and buy btg and a few weeks later xlm rising and btg price going down.A sense of regret still clinging until now

[Bitmore]

I think that in the past, absolutely everyone gave in to panic and made the wrong decisions. There's nothing wrong with that. The main thing is to get the right lesson and never sell your altcoins during a panic. In the long run, there will still be profits. As scary as it was not to sell.

[Btcirene88]

I think that in the past, absolutely everyone gave in to panic and made the wrong decisions. There's nothing wrong with that. The main thing is to get the right lesson and never sell your altcoins during a panic. In the long run, there will still be profits. As scary as it was not to sell.

That is correct, that is just a first experience you get in and the feelings of troubles making your decision made wrong  but it was okay because in the end it was suceed in selling. Furthermore it was a lesson learned and great experience for the next time around.

[kostagr33k]

Panic for the weak)) do not worry if you want to sell something first a few times think before you do something.