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Author Topic: Decision in panic!  (Read 5957 times)
energodar2019
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July 17, 2018, 07:23:08 PM
 #541

Unfortunately, I often make wrong decisions in the cryptocurrency market. Just let's say he entered the bitcoin short, and he continued the rally up! I think errors are inevitable, we need to minimize the risks!
yetiripper
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July 18, 2018, 02:14:03 PM
 #542

Have you ever take wrong decision when you were panic. share your experience
I've done two different opposite decisions in one day from panic, I have spotted 1 airdrop reaching $3,000 and sold 1/2 of it, instead of selling it fully, and 2nd - I bought Waves for all that money for $5 and it gone to $2.53 today.
Tim Murray
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July 18, 2018, 02:18:32 PM
 #543

I advise everyone before dealing with crypto currency. Learn to eliminate panic, fear and indecision. These qualities will never let you work well and earn. You must never give in to panic. That was not. Know, there are no problems that can not be solved.
ukw
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July 18, 2018, 02:24:19 PM
 #544

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

Yes, there are a lot of wrong decisions that are taken during a panic experience. But in my opinion, a greater number of wrong decisions are taken by greed. This is in the nature of humans, they wants more and more. I personally have a bad experience from both types of mistakes.

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bajindul88
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July 18, 2018, 02:44:34 PM
 #545

Have you ever take wrong decision when you were panic. share your experience
Some members here must have experienced a panic and make wrong decision on his coins when trading. reason is simple enough for fear of losing a lot. Such fear is very human because it is still new to the world of crypto. but after learning to understand with discussion in this forum and based on news from this forum we finally matured with world of crypto.
Note: We recommend that for newbies who are new to crypto, don't be too affected by uncertain issues, it will make you more frustrated, you should ask and discuss here
puremage111
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July 18, 2018, 02:46:12 PM
 #546

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

Of course, despite trading for years
Emotional is still the weakest point of me

I actually lost almost total worth of 80 ETH in margin trading because of panic decision
That is just painful to watch

Took me almost 2 year to earn that amount, just lost it within weeks because of margin trading without following the trend but emotions
Drakula
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July 18, 2018, 02:47:44 PM
 #547

Dont panic. Analization requires calmness because panicking doesnt help you at all. It's better to expect every worse circumstances since volatility is not something new here. We gots ups and downs at everything. Be calm.
itssawai
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July 18, 2018, 02:53:55 PM
 #548

Yes it's a recent event, I had some tokens which were priced decent, I thought the price might dip so I sold them. But within a week later, token value increased about 80% .that was kinda panic decision otherwise i would have made a lot more profit.

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mynamehere
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July 18, 2018, 02:55:23 PM
 #549

Have you ever take wrong decision when you were panic. share your experience
it is sk wrong to make decisions in panic, you can lose anl9t of money and time due to 8t, sk it is better to learn hoe to control your emotions
mynamehere
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July 18, 2018, 02:56:06 PM
 #550

Yes it's a recent event, I had some tokens which were priced decent, I thought the price might dip so I sold them. But within a week later, token value increased about 80% .that was kinda panic decision otherwise i would have made a lot more profit.
i think you nred to train yourself in order not to anic in some casesa nd to stay really cool with cold mind ready to het wise thoughts out
mynamehere
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July 18, 2018, 02:56:46 PM
 #551

Dont panic. Analization requires calmness because panicking doesnt help you at all. It's better to expect every worse circumstances since volatility is not something new here. We gots ups and downs at everything. Be calm.
there are a l0t of people, well, at least i know a lor of people whi failed to control their emotion and then learned, so you can do it too
ispodzemli
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July 18, 2018, 02:57:52 PM
 #552

Follow the information . Be vigilant .If you find out that the coin is a fraud, at the same moment sell . But do not forget that panic can lead you to not logical actions .
liivii
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July 18, 2018, 02:58:30 PM
 #553

One of the basic rules here in crypto currency is don't panic because it will only lead you to a bad decision that you'll surely regret in the future and instead calm yourself and try to make a plan on how to deal with it. Try to relax and don't think too much so that you'll not end up losing your money, I've seen a lot of people doing panic selling because of a normal price drop and instead of helping the market to recover fast the result is the opposite which they make thearket more worst.
rosycrypto12
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July 18, 2018, 05:01:55 PM
 #554

Its not good when we take decisions in panic, because we always take wrong decisions in panic and might regret in the future. if we take decisions in panic may be we lose alot of money, so we have to be careful about it and Don't need to be panic. The solution can be correct only one - to remain calm! Of course, not everyone is able to remain calm but they try at their best.
amitkumratra
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July 18, 2018, 08:03:55 PM
 #555

I don't take any decision in panic mood and if i become panic at any situation, then i take a break from my work and gone to refresh my mood, so that i do not make a mistake, because of which i have to regrets later. 
And who become panic at particular moments then, they will never success in crypto industry as well as in any other field.
So always have patience and wait for the right time.
Lovecrafter
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July 18, 2018, 08:46:40 PM
 #556

When I started investing in crypto currency, I often made stupid decisions that would lead me to a panic. Earlier I was afraid of the market drop by 10-15%, but now I'm taking it easy)
Dblue
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July 19, 2018, 09:08:53 AM
 #557

I have read on how a lot of people often sell when the market isn't going in their favor and how after selling, the market goes back up, and they end up regretting their decision. Luckily for me, I have never had to be in that situation, as I have never made a bad decision as a result of panic that I later regretted. Reason being that, before I got myself invested in the business, I knew for a fact that it wasn't always going to be a sweet ride and selling my coins when the prices are down are never always the best option.
5stringer
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July 19, 2018, 09:10:57 AM
 #558

I settled on a wrong choices previously when I got freeze so I offer what I have that it turns out a losing my cash by any means. When you have a coin make an opportunity to think it over again of not freeze since when feelings happen you will lose.
yetiripper
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July 19, 2018, 09:13:41 AM
 #559

Yes of course I'm Only Human After All,  I think that 100% of guys who would answer on that question need to say it confirming, because panic is so natural you just cannot get rid of it.
minlirto
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July 19, 2018, 09:14:52 AM
 #560

never need to make a decision in panic, this is one of the main mistakes for traders and investors
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