Decision in panic!

[bololord]

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

Most of the time its hard to control the emotions every time when we see that our coins is falling down and this is the reason why many people end up losing their money because they sold their coin in a low price but if we learn how to handle the situations by putting more patience, stay calm, wait for the recovery and until it become profitable for sure we will not lose our money again.

[VeeraS]

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

of course, everyone involved in the crypto industry is no more the same. there are many wrong decisions even more so if you do not have extensive experience and knowledge in every speculation. I think it could be a scourge and experience for the future

[atorle]

Much of the decisions we make during a panic crisis are garbage. We end up losing money. I bought some SNT with the intention of holding for a long term, sold after a while, then I got the hint that prices are moving upward,not lose out I push in all my cash (including previous profits) and bought close to an all-time-high because I was sure it is gonna hit the roof. Now I have my portfolio  with about 18 percent  of their purchase value.the lesson is, if you lose a trade, let it go, don't buy or sell in panic

[sodiik]

Yes i've done it. I bought a new altcoin that was very cheap then a few moments later the price went down, then I sold it immediately in the hope of not having any bigger losses. A few moments later the value came back up and higher.

[Ewox]

Yes when I dirst started trading, I panic when one of the coins dropped suddenly from the sudden increase so I set them on sell and eventually ate the sell option. Of course I sold everything and then the next day it increased back again. That was the biggest mistake I’ve ever experienced.

[djscreem01]

In a panic , it is impossible to make the right decision very often you need to cool your mind, not act.
Do not panic selling coins if you don't have a good reason , you may regret this decision.

[percent]

One of the most difficult things to master in trading is also one of the most crucial:
your emotions!
You must plan with emotional detachment, be aware of your entry and desired exit whether where to take profit or where to place your stop that shows your trade has been invalidated.
Buying and holding is one way of investing, but to trade you need to master your emotions, for your own human nature will betray you.

[tng811]

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

Yeah, quite a few times, as soon as I sold my altcoin at a loss during a crisis of that coin, it went up to double the price, and I kept kicking myself for that.

[Hua cuong]

I'm ready now for everything, this such a thing what happened to me was so emotionally hard, I can't explain it. We are panic because our asset get loss and hopely not all people panic to sell their asset. Decision also will be very bad if we make decision during panic. Try to be calm before making decision.

[mycomike12345]

Yes i've done it. I bought a new altcoin that was very cheap then a few moments later the price went down, then I sold it immediately in the hope of not having any bigger losses. A few moments later the value came back up and higher.

Regrets always comes after but you will learn with it. Move on it's not the end, opportunities are always there. Learning those mistakes will makes you a good trader. To prevent from getting loss at crypto investment best to invest at those altcoins that has good technology and strong foundation preferably at ethereum and neo. 

[ParveZ219]

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

Yes ofcourse we usually take wrong decision when we panic..I was given a chance to get more money but in a condition which I can do...but its risky...being safe I rejected and today I suffer that why had I rejected that.

[Anita1873]

Decision in panic always gives us losses,when market goes down suddenly everyone become panic and trying to sell their holding soon even in low price too.But that time if we will be calm and patience and take right decision then we can avoid the coming losses.

[rmoto]

Yes it was once. When my friend taught me how to trade on stock exchanges. With nachala when a friend told me everything was okay.Na next day I traded myself and in a hurry nechayno bought more expensive and missed the moment the coin began to fall and I sold everything because I thought that I would lose everything the next day this coin grew 3 times. That's how I lost his money.

[JackMan125]

i panic bought back in january and regretted it

[Dmitry_K]

When panic in the market, it is very difficult to make the right decisions, but these are the most important moments when you can earn a lot and you can lose a lot.

[DeepChipolino]

When I see another price collapse, I close all the pages and try to distract myself. This didn't save me from bad decisions in the market, but not because of the panic.

[Mezze]

When panic in the market, it is very difficult to make the right decisions, but these are the most important moments when you can earn a lot and you can lose a lot.

Those are the moments that can make you into a millionaire. Welcome them and risk, that's why you're into this right? We all are.

[Lauff]

I try to avoid serious decisions when I panic. because it is a common thing to make the wrong decision when panicked and finally only regret you get

[huycute10]

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

[coinic]

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

It's not a good idea to decide when you are in panic due to the market is encountered dump because you can gain losses, you are already in emotional decision and that the time you are too greedy for everything.