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Author Topic: Decision in panic!  (Read 6005 times)
babycorner17
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July 05, 2018, 04:26:30 PM
 #321

Yes,its common. Once I earnd some token from bounty and tried to hold.But after one week it lost its 50% price.Then I just sold them.
Orsen
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July 05, 2018, 04:33:40 PM
 #322

Of course, I did not have time, and in a crypt it happened when I decided to keep the coin for a long time, but I had very big difficulties with money and I decided to sell this coin and in a month it grew 3 times!
Tahdayi
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July 05, 2018, 04:39:08 PM
 #323

Yes, it was recently sold in a panic bitcoin 6 thousand and he bounced from the support up was certainly a shame ) but what can you do )

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Joyawan13
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July 05, 2018, 04:41:32 PM
 #324

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.
everyone must have had an experience like you've ever experienced, and I've done it too, and I'm afraid I'll lose more when I panic and sell some altcoins I buy at a high price, but I do not want to do it again, I will try to think smart and I will try to hold my emotions and train my patience to not do panic when the coins that I have the price down, because long or briefly everything will be able to grow again.

Bolabi
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July 05, 2018, 04:42:33 PM
 #325

In investing in cryptocurrencies it takes tremendous patience. I'm pretty sure that all merchants have a similar experience. Do not rush and panic when making important decisions or you will regret.
Sanderion
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July 05, 2018, 04:45:54 PM
 #326

I bought my first bitcoins at a price of $ 2500, after which the market went down sharply. I was in a panic because I did not have a plan for this scenario and this was my main mistake. Before you make a deal you need to have a plan for all the variants of the development of events: growth, fall, stagnation. You also need to decide for how long you are going to invest. Now my purchase of 2500 seems incredibly profitable, but at that time it was a failure. Grin

Mig-23
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July 05, 2018, 04:49:34 PM
 #327

If we want to invest in cryptocurrency we must dont panic if the price is going down, because it is normal, and its because the volatile characteristic in crytpocurrency, we must wait again until the price is right to sell your token so you can trade into fiat with more profit than when you invest
Sandal222
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July 05, 2018, 04:59:36 PM
 #328

I have experienced it, I have received a token from a gift, and have sold it because I panic the price will go down. but my hunch was wrong and what happened? Now the token price is up, and I'm very sorry to have sold it first
chelle5
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July 05, 2018, 05:06:24 PM
 #329

Sometimes we do some decisions that at the end we will regret, we always say don't panic, as long as we have something in our hand we can not control ourselves.

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lutfor
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July 05, 2018, 05:13:59 PM
 #330

Panic is everywhere, if you don't control your patience then you will definitely take any wrong decision. I can share one of my experience.  Almost 6 months ago I got 222222 Hydro tokens from airdrop & waiting for a good price. After waiting 2 months or more days prices are not increase according to my demand. Then I done my biggest mistake in my life. I take a decision in panic to sell all of my Hydro tokens just for 10 satoshi. After few days Hydro price reached almost 200 satoshi, what a mistake  Cry Cry Cry.
ivanleon
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July 05, 2018, 05:15:53 PM
 #331

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

It is quite unpleasant to remember, but when I started trading on the stock exchange, I poured at a minimum and bought at a maximum price. So here is a real hamster.
Jongos123
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July 05, 2018, 05:16:33 PM
 #332

indeed all have made some wrong decisions, and in the end we are very regretful. so my experience, I ever got token of the gift, and I also hold the token in the long run, but at that time the price went up and I still do not sell it, and now the token price is going down drastically
Kupid002
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July 05, 2018, 05:18:44 PM
 #333

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.
just always think all the negative that may happen while you are making decision while you are panicking well this is may not to control easily try to make some analysis based on what you observe for those made this already and what are the result of it then try to take your self on that situation.

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fumblingperch
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July 05, 2018, 05:21:21 PM
 #334

We all make the wrong decisions because of panic, I'm sure almost 100 percent. The main thing is to draw the right conclusions and move on.

lehnelora
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July 05, 2018, 05:33:00 PM
 #335

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

A few times I experience a failure when performing trade crypto because I sell when prices are condition red. This I did because I need the cash to buy basic necessities. Although it happened I kept trying and eventually, I can get a benefit and at least it has been restoring my losses.
isen
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July 05, 2018, 05:36:00 PM
 #336

Decisions made in a panic are always wrong. In a panic, the brain does not work as efficiently as usual, always try to avoid panic and do not make decisions in this state.
Thefrolly
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July 05, 2018, 05:46:06 PM
 #337

If someone in the crypto market makes a decision in panic mode than he has invested more than he could afford to lose. If you have trust in the project of the coin you are invested in then there is nothing that you should get panicked over and especially you shouldn't panic over its price.

 
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ugur2222
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July 05, 2018, 05:54:03 PM
 #338

 I might sell most and wait to re-buy on the ensuing tank before riding another wave up.  Easier said than done but I'm holding until profit no questions asked.
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July 05, 2018, 06:17:57 PM
 #339

I made many mistakes when I was not experienced and did not know how to cope with my emotions. I sold in panic every time ...
djgtr
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July 05, 2018, 06:21:57 PM
 #340

They are many cases I can share, but I'd rather not.
My conclusion is that it is almost certain that decision made in panic is always wrong.

If you are going to share your ideas will be a gratitude it means we can learn from you, and you are noble because of that. In decision making their is no rush at all. We should be able to know how to balance the situations so that the result will come up into a good realistic output.
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