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Author Topic: Decision in panic!  (Read 5950 times)
baus
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July 22, 2018, 08:31:01 PM
 #601

Yes, sold a bunch of coins that are low cap coins for peannuts, and now they are x3 of the price in where i sold, i am more than sorry about doing that on the past, i really regret about all that crap that i did when i was afraid of the market
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Cocoincos
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July 22, 2018, 08:32:04 PM
 #602

of course! one day I sell coins on 1500 $, but after 10 days they become in 20000$ ) also it hard to sell because all time thinking that it will be increasing!
socksserver3
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July 22, 2018, 08:32:10 PM
 #603

I think that it is no need to panic because everything is under control. To my mind, this market will be always risky but who knows what will happen in the future. i hope the btc price will rise
louisBSAS
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July 22, 2018, 08:33:13 PM
 #604

The best solution during the panic in the markets and the general fall is to stay calm and wait. Believe me for every fall follows growth!

DabsPoorVersion
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July 22, 2018, 08:33:29 PM
 #605

Have you ever take wrong decision when you were panic. share your experience
yes, I do have one before, it was a year ago when I'm still a newbie, I invested in some altcoin which is really cheap, its price goes down rapidly even if its price is really low, then I dont know what to do, I suddenly sell them all, without getting any profit.


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PIR
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July 22, 2018, 08:38:21 PM
 #606

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

Yah! I do, but not out of panic but in great need that I sell my token or coins in very low price, I have no choice then during that time but to let of of my treasure coins only to find out that after a day it increase doubled what a painful and sad experienced.

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bitmybit
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July 22, 2018, 08:40:57 PM
 #607

I sure have.  I was fortunate enough to participate in the Nexo ico, and I held until the market peaked at about .005 Eth each, and I felt that it was the top, so I sold, but it kept going up to .0055 and I was afraid I was going to miss out on more profit, so I bought back in.  Ended up falling to .004 again, and I managed to get out at .0045, but it was a good lesson anyway.  When you make a plan, stick to it.
Marlyn1
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July 22, 2018, 08:44:27 PM
 #608

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

Panicking make us the wrong turn. This is normal because we don't want to lose our money. I don't want a situations like this. I better think it twice than deciding right away.
baeva2
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July 22, 2018, 08:48:33 PM
 #609

Of course, a decision in a state of panic will always be wrong. You need to restrain yourself and learn patience, everything is well thought out. I also had the wrong decisions in a state of panic. What then very sorry.
Torps1
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July 22, 2018, 08:49:06 PM
 #610

It is not good to panic, it has huge negative impact especially if aren't experienced in the crypto space. I have  heard some persons regretting after panic selling their crypto assets.
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July 22, 2018, 08:57:11 PM
 #611

Of course. Panic often occurs very significant price changes, either increase or decrease. I often panicked and hesitated when prices began to increase, sometimes I sell it too fast when the price is still rising. Finally I buyback, sometimes the more profitable, sometimes even lose money. So we must be wise and always grateful, do not be greedy.

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July 22, 2018, 09:01:59 PM
 #612

when I started trading in a panic, I sold on the drawdown, but after a day the coin was growing strongly
zero4five
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July 22, 2018, 09:36:26 PM
 #613

Many investors who became rich thanks to crypto currency, in the period of their sharp growth, kept their savings in coins as far from quick access, thus keeping themselves from the temptation to succumb to the general euphoria of rapid enrichment and sell coins.
They were able to wait for a really powerful growth and make a fortune on it. Those who consider the crypto currency as an investment asset, should be reserved for a lot of patience.
yetiripper
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July 23, 2018, 06:24:11 AM
 #614

Have you ever take wrong decision when you were panic. share your experience
I am not so long in this market, about few years only, lol. While trading I have done many mistakes, but I cannot name any of those that I can not cover with a good decisions instead.
trucksrsud
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July 23, 2018, 06:30:16 AM
 #615

Panic is typical, in light of the fact that we are generally anxious of being harmed by property. Since the current year's market is extremely shaky, I am fundamentally exchanging each day. I have surrendered the system of long term exchanging in light of the fact that fleeting exchanging enables me to do when the market changes the speediest decision!
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July 23, 2018, 06:32:13 AM
 #616

Yes, when people panic, they make some unreasonable choices. The encryption market is risky, and we must keep enough calm in the encryption market. This year's encryption market is not very good, we should wait patiently for our profits.
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July 23, 2018, 06:33:17 AM
 #617

Been in a panicking mode itself vis negative state of mind and whatever decision you take at that moment is not going to ve logical and best of decisions. So not panicking in the first place is the right approach .

mustafayigittt
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July 23, 2018, 06:43:03 AM
 #618

panic is often happening in the digital currency market. The decision to panic is the most difficult decision. in this case the factor of experience is very important. you may need to stay calm and be patient.
PeriKecilkitty
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July 23, 2018, 07:46:54 AM
 #619

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

Yah! I do, but not out of panic but in great need that I sell my token or coins in very low price, I have no choice then during that time but to let of of my treasure coins only to find out that after a day it increase doubled what a painful and sad experienced.

if I am personally, also the same what you have ever experienced. but at that time I did not panic because I desperately needed money for my personal gain. at that time I sold it when the price was still low. but what to do again because I really need the money. which of course there is a sense of deep disappointment and I also want to cry because the next day the market price soared dramatically. so, in my opinion, this is my experience and I will not repeat the next one.
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July 23, 2018, 07:52:29 AM
 #620

When I panic, I choose to calm down and do nothing. Because I always make mistakes when I panic. So I have to choose to overcome it
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