jiandong
Jr. Member
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Activity: 98
Merit: 1
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July 19, 2018, 09:19:53 AM |
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I was never in that situation, because I never made bad decisions due to panic that I later regretted. The reason is, before I invested in this business, I know for sure that it will not always be a sweet journey and sell my coins when the price drops is not always the best option. I have calculated before
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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pinkliar
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July 19, 2018, 09:37:59 AM |
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I settled on a wrong choices previously when I got freeze so I offer what I have that it turns out a losing my cash by any means. When you have a coin make an opportunity to think it over again of not freeze since when feelings happen you will lose.
Panic selling will regret you soon, when you have a bad experience learned from it, never ever do that again especially If you know that you will lost a lot if you do a panic selling decision. |
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djgtr
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July 19, 2018, 09:46:37 AM |
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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.
Same here, I wanted to hold some of my tokens it is because their are times it is flactuated that is the reason why I wanted to build a strong configurations of figure so that I can be able to established a strong value of amount. |
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catsmile
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July 19, 2018, 10:05:58 AM |
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Have you ever take wrong decision when you were panic. share your experience
Sure. I had a stupid decision when I first joined the market. It was the first storm I encountered, I was scared and sold all my coins. Then its price x4... Thanks to that time it helped me to be stronger every time the bear market come |
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RoooooR
Legendary
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Activity: 1008
Merit: 1000
GigTricks.io | A CRYPTO ECOSYSTEM FOR ON-DEMAND EC
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July 20, 2018, 06:51:00 AM |
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I am not the kind of this person here, when i am buying a coin i am betting all i have there whatever it happens as long as i see progress. But a little FUD or fake speculation won't shake me. That's how to be a certified hodler, except if there will be emergency reasons but as long as i have remedies for it i remain to hodl.
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yyui
Newbie
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Activity: 126
Merit: 0
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July 20, 2018, 06:52:41 AM |
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Panic can make people go wrong. People will make some unreasonable choices when they panic. Therefore, we must have enough patience in investing in the encryption market, and we must keep the market calm.
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BlackMoon25
Newbie
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Activity: 107
Merit: 0
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July 20, 2018, 06:56:13 AM |
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I made a panic sell when BTC dropped to $1k8 in 2017, then I have to buy them back at $2k2, the worst experience!
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Gambit02
Newbie
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Activity: 8
Merit: 0
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July 20, 2018, 07:14:52 AM |
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I call I'm in a panic attack when the price suddenly going up and going down. And sometimes I made wrong decisions as well as lost a lot of money.  |
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vmklq
Newbie
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Activity: 126
Merit: 0
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July 20, 2018, 07:20:49 AM |
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Panic can paralyze oneself and will make us make some wrong choices. Therefore, we must invest in the encryption market, we must keep a certain degree of sobriety, try not to make some decisions when panic.
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WiiD
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July 20, 2018, 07:21:59 AM |
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I call I'm in a panic attack when the price suddenly going up and going down. And sometimes I made wrong decisions as well as lost a lot of money. I lost a lot of money. If I knew that the market will fall for 7 months, it would record in the etherium. If I knew that in January there would be no more growth, I would record profits. Here is the most important thing-IF YOU KNEW! |
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briton
Member
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Activity: 504
Merit: 10
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July 20, 2018, 07:25:38 AM |
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I never felt so panic. I bought the coins of that time with high prices. These coins are the first listing on the market the price is quite high. So when the price goes down, I am very keen to buy at the rate which is still relatively high. Then, prices continue to move down, even to this day continues to fall. I was freaking out. But then I reduced the sense of panic in a way I am not so ignore the market. I finally leave and do things more benefits.
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iiiiiiiu9
Newbie
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Activity: 46
Merit: 0
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July 20, 2018, 07:27:13 AM |
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When I first joined the cryptocurrency market, I saw a sharp drop in the market. I was scared. I sold it right away, but the next day he recovered his original value, and the third and fourth day currency prices soared and I missed it. My current practice is to observe the market. Calmly handle every transaction.
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cryptodrumz
Newbie
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Activity: 86
Merit: 0
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July 20, 2018, 07:28:38 AM |
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I once panicked that I sold all my Electroneum for a peanut that was very early this year. But I think now I have learnt my lesson, I now know what Crypto is all about, it is for a strong mind and no matter what the market is saying about any particular coin am holding, I HODL on to it as far as my motive for holding is for long term.
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digiadven
Newbie
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Activity: 117
Merit: 0
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July 20, 2018, 07:29:20 AM |
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Never made a decision if you got panic and cannot make a calm decision, it would lead you to disaster and you might losing your money. Better to overcome your panic.
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zhengqiurong2@163.com
Newbie
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Activity: 82
Merit: 0
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July 20, 2018, 07:30:55 AM |
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Panic is the biggest enemy when people invest. When you panic, you often make wrong decisions. You sell coins that you should not sell, and you lose money that you should have earned.
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asudja89
Newbie
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Activity: 101
Merit: 0
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July 20, 2018, 07:32:33 AM |
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When bitcoin started falling, the biggest mistake I made was that I didn't sell my COINS. I lost 80% of my money. I really regret that I should have sold my coin earlier. So after I went through this, I suggested you sell your COINS. Don't choose to keep it.
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Abigail Asi
Jr. Member
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Activity: 182
Merit: 2
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July 20, 2018, 07:40:20 AM |
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Well being panicked in cryptocurrency is quite normal especially when bitcoin prices starts to fall. You selling coins which should have been held and this results in loss.
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onesalt
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July 20, 2018, 07:42:51 AM |
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I do not do anything at panic times. My father gave me this recommendation when I first started to invest in stoke markets with a small amount of money. Keep still at the panic times, he said, you cannot lose more than you do sth. at these times in the long term.
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Q1Z7Y
Newbie
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Activity: 30
Merit: 0
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July 20, 2018, 07:44:43 AM |
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When a person is in a panic the decision may be impractical. Better calm down and think about it. I understand you sold the coins on the fall?! panic is not necessary, everything will soon grow
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gabmen
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July 20, 2018, 07:45:06 AM |
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I call I'm in a panic attack when the price suddenly going up and going down. And sometimes I made wrong decisions as well as lost a lot of money. I lost a lot of money. If I knew that the market will fall for 7 months, it would record in the etherium. If I knew that in January there would be no more growth, I would record profits. Here is the most important thing-IF YOU KNEW! Problem is you don't know. So probably best to take some precautions like controlling your capital and using stop loss. Very few decisions made in panic end up well, and the few times they do can very well be because of luck. |
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