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Author Topic: Decision in panic!  (Read 5955 times)
langaw2018
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July 17, 2018, 01:33:59 AM
 #501

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

Not yet experience in crypto, but in general panic is always the cause of being making wrong move and in appropriate action the make other people in trouble or your even trouble to your own self. If we relate this kind of behavior in crypto I say you will not exist  because crypto is need to be serious and to be prepared specificalky during fiat matters.
Gerandoong
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July 17, 2018, 01:44:54 AM
 #502

I want to say, if lately, I can be patient and not panic because all my altcoin is everything as I expected, but I never experience any panic when my friends say if altcoin I hold is Shitcoin, I think that's them just want to frighten me, but if that happens I must be ready to deal with it patiently and smiling.
mrspumpkin
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July 17, 2018, 01:54:32 AM
 #503

I do not see the point of panic at all. I think that many people sell their coins because of the time of year because of this the prices are falling. I think everything stabilizes by the winter
Vuleamwi
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July 17, 2018, 10:50:42 AM
 #504

I dis not yet experienced it here in crypto anyway in true frenzy isn't great time to choose. When you are in freeze minute your reasoning is the thing that will be will be or regardless of what happen I will acknowledge in light of the fact that I can't do anything or I do this no make a difference imagine a scenario in which I kick the bucket I passed on if not then let it be. Irvine not fitting to choose in the event that you are in freeze perhaps you will most presumably lose everything.
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July 17, 2018, 10:56:04 AM
 #505

Once I noticed that the market goes down I sold my MTC tokens for 0.08$ per MTC, after 2 weeks the highest price was 0.40$ per MTC (x5) so I lost around 1500$ by selling it earlier

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pharaon
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July 17, 2018, 10:56:49 AM
 #506

I do not see the point of panic at all. I think that many people sell their coins because of the time of year because of this the prices are falling. I think everything stabilizes by the winter

I wonder how you determine for what reason people sell their coins??? In any case, the market is affected by many factors, and when the market is restored no one knows.
odranoel
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July 17, 2018, 11:03:01 AM
 #507

In my experience i did the decision in panic way back when i am a new in crypto. Since those were my first income i sell it immediately with a reason of doubting, but after a week price will grow up high immediately, so regret comes in. But now i can control myself to hold and not panic selling anymore.

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Nivelir
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July 17, 2018, 11:08:57 AM
 #508

Panic is the most important enemy of a person, you have to understand this, because if you panic then you can lose everything that you have, you can do wrong actions that can eventually lead to serious consequences.
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July 17, 2018, 11:12:05 AM
 #509

Yes.  And more than once.  I think panic and fear are not the best helpers in making the right decision!
jamesdean35
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July 17, 2018, 11:13:53 AM
 #510

I think panic is the biggest enemy for investors in crypto currencies market. If you do panic, you must be experienced to make the right decision. otherwise, panic will cause you to make mistakes and lose money.

thenameisjay
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July 17, 2018, 11:14:36 AM
 #511

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

When I was a newbie investor, I did a couple of mistakes as well. I sold when the market was red and bought when the hype was dying. I also bought unpopular or low potential tokens. That's by far the most helpful experience I got during my investment adventures with cryptocurrency.

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July 17, 2018, 11:15:12 AM
 #512

I prefer not to make decisions in the panic, but that does not mean that I don't make mistakes. I never sold coins when there was a panic in the market, but still I was selling them too cheap.
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July 17, 2018, 11:23:38 AM
 #513

When i was newbie i always sell all my coins from bounty campaign immedetialy. I remember i sold my token it was 0.6 after a month the price is 1.2. Till now i regret my decision and i dont wanna do stupid moves like that anymore. For now i just hold all my bounty coins and wait for a while wish the price go to moon.

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July 17, 2018, 11:31:06 AM
 #514

The decision in panic is not always wrong. Just like a new coin you bought, you sold it in the process of falling down. At last it disappeared. You'll be lucky.
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July 17, 2018, 11:41:34 AM
 #515

I took only one decision in panic and after that I decided to stay clear of small coins. I mostly want to grow using ICO and investing, no need to panic.

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July 17, 2018, 11:47:08 AM
 #516

I think when I get scared, I'll think about whether to sell tokens.
Most of the time, however, it proved to be a foolish decision.

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July 17, 2018, 11:59:19 AM
 #517

I'm sure absolutely everyone was selling their tokens and coins in a panic. It's human psychology. Only real holders are less panic prone))


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Kartika1
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July 17, 2018, 12:05:19 PM
 #518

nope as far in my trading experience, i never cutloss or panic sell. because in bear market cutloss is the worst thing you can do. patience is a key, just remember that
dommerty
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July 17, 2018, 12:13:49 PM
 #519

After the fairy tales about cryptospring, I do not really believe any predictors. Growth will begin when no one waits for him and when all finally lose the hope for growth. The market lives its own life. And do not think that he is "recovering", because it is possible that today the market demonstrates fair prices.
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July 17, 2018, 12:23:02 PM
 #520

Panic is the worst enemy on the market. You should have a strategy that could save you from thoughtless decisions. Once I bought a coin when it started growing. I had panic because I was afraid to lose an opportunity but that coin fell very quickly Grin



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