Decision in panic!

[Lindazz]

Don't make a decision in a panic, you may make a very wrong decision.
Because it's hard to stay rational when you're in a panic, you should choose to hold.

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[Joriecoinbit]

Don't make a decision in a panic, you may make a very wrong decision.
Because it's hard to stay rational when you're in a panic, you should choose to hold.

Yes, a lot of time to decide with your own perception in the market. When you decide in a panic it is possible to make mistakes and fortunately it, can gains losses of coins.So to be ensured all your earnings make it sure you're not greedy or in bad emotions.

[Mezze]

Of course, this is one of the most common issue/mistake of people that have just came to the crypto sphere. Especially in the beginning, when I was trying to day trade and was entering my positions too early or too soon, man, I was a nervous wreck on some occasions.

It all depends on the amount invested. I made some stupid decisions but the amounts were small so I wasn't stressed at all.

[bestprofi]

Decisions in panic are dangerous ! If you do not sell at the right moment, wait, it's all cyclical.

[bitylon29]

Yes of course! I've take a wrong decision in panic sell, everyone does that by the time the price of coin is going to low beyond one expectation, now I've came to learn to hold when price are going down.

[bohboh]

There's no way you wouldn't make bad decisions when we're panic.
Most time I got panic because I'm going through loss in Some of my investment, I'll just forget about the market and face something else to ease my panicking mind. Later when the market is healthy, I'll start fully my work. Lol

[nitin8263]

Some time it happen when we earn token and we sell immediately then after some time the price of tokens get twice then our decision are wrong so our decision comes in a panic that how should we take decision.

[Alry]

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

The most interesting thing is that such a decision during panic, if we talk about trading crypto, is not always wrong, as it turned out, to panic and sell the crypto during the collapse that happened this winter was very smart decision.

[petir.bay]

We make wrong decisions when we panic because it create fear in our body system that becloud our thinking process. For instance whenever we observe that the price of one of ours altcoins is dipping so badly we tend to panic which might lead us to sell.

[greenpath]

Maybe I will sell immediately when that time that I am one of them who got panic because of the price decreases. I don't know what will be the actual things to happen when it will be done in crypto.

[gatholocco]

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

I was in that position when I decided to sell my cardano. But not in a long time the price goes up, and there I feel if taking a decision in a panic condition will cause us to suffer losses. Must read many references as a basis for decision making.

[jacee]

We make wrong decisions when we panic because it create fear in our body system that becloud our thinking process. For instance whenever we observe that the price of one of ours altcoins is dipping so badly we tend to panic which might lead us to sell.

It's normal to panick when it comes to a money that you can not afford to loose. Professional traders learn how to control their emotions and along with that they get to know when to risk their money and what to put to risk. As an orfinary day to day trader, one must remember to risk only that which he/she can afford to loose. That can help lessen the panick.

[Nahl]

being panic when the price gradually fall is normal because even if i'm attempts to not being panic but decreasing price sometimes makes me frustrate and decide to sold all of my bitcoin and i think for those who involved in bitcoin has been made wrong decission including me that several month ago i didn't sell all of my bitcoin when the price already reach all time high that if i decide to sold it i think i have already get pretty much profit but very unfortunate i didn't it

[dakiev]

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

[PhucS]

I experienced a panic when the market fluctuated, I made a few wrong decisions is sell all, then a while, the market began to grow again, I felt very regret for that decision. At that time, I was a newbie in the cryptocurrency market, everything was unfamiliar to me. At the moment, I have had a bit of experience after experiencing a lot of difficulties. To be able to survive longer in this market I think patience is a very important factor, we should not be too panicked, should be calm in every situation.

[cliber]

So far I have never experienced a panic that made me wrong in making decisions. But in the course of my activities in this forum, I have experienced doubts in working on project reports between I have submitted or not even though I have set it in work management.

[artisarr]

It's common to take wrong decision while panic. But you didn't mention here the reason for being panic. I try to avoid serious decision when I am panic.

[PancherBitCoin]

I experienced a panic when the market fluctuated, I made a few wrong decisions is sell all, then a while, the market began to grow again, I felt very regret for that decision. At that time, I was a newbie in the cryptocurrency market, everything was unfamiliar to me. At the moment, I have had a bit of experience after experiencing a lot of difficulties. To be able to survive longer in this market I think patience is a very important factor, we should not be too panicked, should be calm in every situation.

the first thing a panic in the market is caused by a very sharp decline in the crypto-currency market. Of course, this is directly related to the drop in demand for bitcoin, but its popularity is already falling in the society, so you need to look for other ways to get out of this situation.

[ItsZeroLimit]

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

Panic is an integral part of everyday work of any trader. The question is, do you know how to manage it. Personally, I never made panic sales, I have a problem that I do not want to wait, I always want to trade, and since the trade balance is small, I often sell in a minus, to trade what I'm interested in, and can say , which in 80% of cases, so far, it was right decision to sell.

[ervanikan]

so far i can be patient and not panic because all my altcoin is everything as i expected, but i never experience the panic when my friends say if altcoin that i hold is shitcoin, but that is only rumor and hitherto did not happen