Decision in panic!

[happy weblancer]

Yes, I made decisions in a panic, and always these were wrong decisions! A hundred times I promised myself not to panic. It is better not to do anything when you have stress, than to do something irreparable.
But learn from mistakes. Now you know that you don't need to make financial decisions in a panic.

[dearbesz1219]

Yes, I made decisions in a panic, and always these were wrong decisions! A hundred times I promised myself not to panic. It is better not to do anything when you have stress, than to do something irreparable.

Panic? That you sold in loss? You can always loose more especially when the situation is very negative now. People are selling everything and I am asking is the cryptocurrencies the future? When 92% of all altcoins are scam or dead?

[alient86]

Yes, when I first started, I made hasty decisions. Or bought coins early or sold early. Now I do not give in to panic and just waiting for stabilization

[elosi]

Yeah sure we always take wrong decision in panic, I once invested in an ICO and it did over 15X and panic and decide to hold more, now the coin is below the ICO because of the bear market condition and the team not giving any update at all.

[SixOfFive]

Yes, I had taken a decision in panic. I sold my holding when the prices we falling down heavily. I feared that it might fall more so I sold it out of panic. But after that the price of that cryptocurrency rose high and if I had not sold my investment I would have earned 10k USD. I guess panic selling is something which many or all investors experience once. This is a common experience but this has taught me how to have some patience and act smartly.

[HichemFetoui]

don't ever trade when you are emotionally instable this is not always the right decision you need to detach your self from emotion when you trade good luck

[megan57]

everyone would be panicked if they see the market and if they see the price of the coins they buy decreased.

[Ricowavy]

Yes, I have taken lots of unfavourable and wrong decisions in a bid to cut loss in panic but at the end ofeverything I do regret and wish I neva did.

[funnec]

Decision in panic are not always fruitful, only patient bring fruitful result

[Jizel]

It was a couple of times in my life when I acted under emotions. After that, I decided not to do this and now if something like this comes up, I first return to my sensible mind.

[Television123]

Panic is the worst enemy of traders and panicking comes as a result of uncontrolled emotion and greed. You do not react to news of the market by panicking otherwise you will make mistake and when a mistake is done then loss follows. I once lost my fund through panic and i have to refund the account to start trading again

[BeeDrill]

I caught the news about bitcoin cash and sold it right before the strongest growth, it was pretty scary, but then I realized how false news affects prices

[tannerchum]

Panic for what?

Since i trade on exchange, panic will be friend everyday. If price going low, and we think will going up again but price going down more, it will make you to sell you coin immediately. It is called PANIC SELLING.

If i in condition panic, i decide to hold around 2 week, and sell it whatever will be.

Maybe panic because of bitcoin flactuation. We can't blame those holder to panic selling their token because of bitcoin has so much big decreasing it's value. Maybe if I'm in their situation, I'm doing desame to.save my capital in that investment.

[criss ronaldo]

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.

[mmp95]

Investing in the encryption market, we must maintain a calm attitude, not too panic, because once the panic we will make something that is not very rational.

[hameshsmith]

At the beginning of my journey to the world of trading, I was wrong when I panicked, but I took the lesson and invested in the currency with the knowledge that there was no need to panic, and vice versa - to use the possibility of a market fall as well as at an attractive price.

[Renu kapoor]

A panic decision is always dangerous and give some shock to the bearer, as for example at the time of low market when prices goes down regularly we do the mistake of selling our coins on a more low price, and loose more money, at that time if we have patient than we can minimize our loss.

[Radio-Active]

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

As far as i joined till now, luckily i haven't make any decision when im on panic.
Usually panic will not bring any good, including panic selling and panic buying.
There will be a condition when crypto on the market start to hyping or dropping. At that time, many peoples get panic  FOMO when hype, or selling low when dips.

[andor.gellenhidi]

So we came with you to the most evil enemy of our forum. It's you, If you learn to control your emotions, then you will be able to earn a lot, but only if the patience really is on top. Remember this.

[Stradivarioos]

I started investing in cryptocurrencies this year, and after buying the first coin, the cryptocurrency market started going down and I decided to sell immediately. I lost some of my money during the fall, but I realized that my decision to sell was right, because now the market is gone garazdo lower.