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Author Topic: Decision in panic!  (Read 6005 times)
yaelahwall
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May 25, 2018, 07:58:47 AM
 #41

Yes, one day,  I experience making the wrong decision when in a state of panic. At that time, I had been about a month monitoring the market price to sell my tokens. At that time, I needed of money and the deadline already urgent. I monitor the market price for about a month is a small movement, even always moving downwards. I am very sad to see that. One day, I see the market price a little better then I sell all of my tokens. In a state of panic, I just sold it all. After two days, I monitor prices in the market rose dramatically, two times higher than my price yesterday. How sorry I can not wait a little more time.

efeyigit399
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May 25, 2018, 08:06:36 AM
 #42

Panic is the biggest enemies of investors in my opinion in the currency markets. decisions made in panic always lose money to investors. In these situations you should be a little more calm.
Temmy007
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May 25, 2018, 08:10:01 AM
 #43

During the March dump I made another of decision due to panic that I can't  forgive my self till date. You need to learn when to sell,  if you get hook just baghold for a very long term.  That the best
Sandra999
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May 25, 2018, 08:10:15 AM
 #44

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.
mimienamphine
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May 25, 2018, 08:11:31 AM
 #45

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.

GucciGangClub
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May 25, 2018, 08:14:29 AM
 #46

The very first thing which you shouldn’t do at all is to hurry sell your coins, because in moments of panic when nobody understands what’s going on you should try to stay calm ang look after the market
boller
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May 25, 2018, 08:18:15 AM
 #47

I really don't think that decision in panic will result in a good point. Here, we can pull the point where we are in the panic feeling, what we will do sometimes only based on our emotions. It is not good to do. Moreover, in crypto, this fluctuating situation may make somebody be more panic and emotional. Of course, they may sell the coins immediately when being panic at once. It is worse to them and to the crypto. Therefore, we must learn to be more patient and wise in taking any kind of decision.
nikola22
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May 25, 2018, 08:50:28 AM
 #48

I try not to make any decisions in panic because they are usually wrong. it's better not to make any decisions at all and wait some time before you calm down.

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oscarrsm
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May 25, 2018, 08:51:45 AM
 #49

Yes, I make the wrong decisions. But it wasn't because I was panicking. In fact, we are making incorrect sales or purchases because we are dealing with a small amount of information.
We read everything we can find on the Internet, but this is not always true. Insider information is outlawed. But it is those who are richest investors to it. They are not mistaken. They own information and own the world.
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May 25, 2018, 08:57:13 AM
 #50

Have you ever take wrong decision when you were panic. share your experience
Panic have made me lost thousands of dollars.  Earlier this said I sold of my siacoin and burst because I was scared that btc will dump hard. Less than 24hrs after I sold both coin pumped hard I missed $40,000 because of panic in less than 24hrs
9tails
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May 25, 2018, 09:09:23 AM
 #51

I don't panic I stay calm, Don't need to panic when you see the market is down it's better way to buy more altcoins in low price and sell it when know you earn a profit from it.
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May 25, 2018, 09:11:56 AM
 #52

Simple answer is NO, for a start I don't panic with investments I retain a calm and logical approach to events unfolding. Making a quick decision should be part of your arsenal but it should still be thought out before acting. Often when values are dropping quickly it is a good chance to pick up some quality for lower prices.

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May 25, 2018, 09:14:42 AM
 #53

When I joined crypto for the first time and invested in bitcoin, there was a time the price was fluctuating and I could not really understand what was going on and thought I will lose all my money so I sold out all the coin I had in it then at a low price. Not quite long from when I sold the coin, the market recovered and multiplied, I was very pained that if I had waited a little longer, I would have made profit, but now, no matter how the market flows, I will be calm and watch it recover.
yigitcoin
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May 25, 2018, 09:20:41 AM
 #54

decisions made by people in panic often have negative consequences. in the case of crypto-currencies this leads to a loss of money.
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May 25, 2018, 09:23:05 AM
 #55

In a panic, only bad decisions are made. To make decisions, you need only peace of mind. Otherwise you will be constantly mistaken and will not be able to do anything good for yourself.
Oniko
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May 25, 2018, 09:25:39 AM
 #56

When in January the market began to fall, I sold all my aelf (ELF) cryptocurrency, while it proved to be the most stable and only grown.

I consider this a mistake. Sell a cryptocurrency that has not fallen like everyone else, but has even grown
Zonero12
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May 25, 2018, 09:30:24 AM
 #57

that's a big mistake for people who are too panicky. people panic must take the wrong decision because in his heart there is a big loss,
for I do not experience panic because if my panic will bring a mistake and cause regrets, you must make decisions calmly and patiently because of the calm and patience will bring people into success

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May 25, 2018, 09:31:52 AM
 #58

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

That's the one thing you need to avoid when trading crypto at all costs. If you panic when trading then ideally you would be better off just holding your bitcoins.

In most cases people panic because they have invested to much of money into crypto, or to much of their portfolio into one coin,or are not confident enough on the long term fundamental value of a particular coin.

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May 25, 2018, 09:32:08 AM
 #59

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

of course, and it can be the most rewarding experience.
that's why you have to find a lot of knowledge and insights related to crypto. everyone has ever regretted his decision on crypto speculation including me.

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LowBrain
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May 25, 2018, 09:38:00 AM
 #60

My major mistake is sell before high price. Every time i am afraid to lose best price and sell. Then i watch how my coin growing more and more. Don't panic and hold.  Smiley
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