Decision in panic!

[seanjoseph]

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

I will not makes any decision when i'm panic.
if i'm panic, i can't think clear.
i better wait, cause panic is no use.
you can make bad decision if you're in panic.

[takenprot]

When i first came into this space, i was not that confident of my self. The fear of loosing was always on my mind, not until i lost some money out of fear. Instead of this breaking me down, it gave me more courage. Panic can result into loss, but courage can bring great gain.

in this case, I also have a great fear. for fear of losing everything and I've also experienced panic, let alone of course everyone has been wrong in making decisions. So I think from now on I do not need to panic anymore, to be patient and calm in taking the decision not to regret continuously.

[yetiripper]

Yes, being panic in cases like this will not earn you any good. I know this is usual to us but we can avoid this if we will set target for ourselves. Make a good limit on the possible profit you will take as well as the limit for lost so you will not have bad decision and will not have any regrets.

When you see the situation in the market when the price is going down you must be patient and still be waiting for better time. Because market is crazy scene, and it always grows up after the falling down.

[Allenz]

When you are panic, it is impossible to make the right decisions. I understood this at the beginning and it's helped me to safe my money.

[Docbee]

The result of panic always result into failure especially anything that has to do with cryptocurrency, when taking decision, emotions must be put aside, if not mistake will be made, my bad experience was selling cheap my coins and tokens.

[micle222]

Everyone has done it that way because it is human nature when trading in cryptocurrency.
So no one can deny that such a thing exists in every trader.

I've felt it when buying OK Cash in Bittrex, buy at 5500 satoshi and stoploss at 4000 price and now its price is 1000 satoshi. LOL

[GWS My Boy]

must have felt a bitter experience and afterwards feel sorry, because with the market situation long enough down, then I sold all tokens that I have and do not leave half of it, then in just a few weeks the price of the tokens rose up to 10x. for that when you have the need to sell only half and stay patient waiting for the price to rise.

[Bexomol]

Indeed, I am settling on those choices frequently, never the less, that I think about the outcomes, I realize that I am fouling up, however I can't take care of myself in freeze, I think this is normal for some, individuals, not just for me.

[bidbud]

sell tokens at the time the price goes up ,, whereas there is still the possibility of the price going up again ,, and I am disappointed ,,

[dashcollector]

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

Yes I did it once when there was some news of bitcoin ban in my country. I regret that decision but learnt a lesson.

[Egenen]

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

Yes I did it once when there was some news of bitcoin ban in my country. I regret that decision but learnt a lesson.

I don't like to use Bitcoin if people know about it. I don't care if the Governments ban it or not, they cannot stop all transactions.

[likketil]

Is just me but,  to keep clear of dumping foolishly often calls for a project and  some self-discipline which is generated by careful research.

[thedarksun]

I think that most of us made decision like this but there are also possitive aspects of that, for example you could earn some knowledge how you can't react on changes in this market.

[judaspriest]

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

of course everyone has done it, even more so in terms of crypto trading. I do not think you have much experience about this industry.
so, if you make a mistake you should have another option to fix it into a fight although it will be very difficult.

[Sarcasm]

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

of course everyone has done it, even more so in terms of crypto trading. I do not think you have much experience about this industry.
so, if you make a mistake you should have another option to fix it into a fight although it will be very difficult.

We should not come quickly to conclusions without our own analysis. I made the wrong choice and ended up losing my money in any way. When you have a coin, give it a chance to think it over again not to freeze since when the feeling will happen you will lose.

[fxcryptotrader]

Panic users always losers in trading.A good trader should be emotionless.I always to tried to keep my emotions set aside.Never got panic.

[Xcode7]

I think Stop-Loss may be as long as you can restore the initial capital losses. and I think this is one trick in trading because than you keep hold but the market conditions are down that happens you will experience an enormous loss

[Ankush2108]

In the beginning whenever market goes down I always become panic and thinking about to sell. Then my uncle guided me have some patience this is common don't be so panic and wait for at least one week definitely market will recover. And it works, after that i never think for panic sell.

[ptolimeus]

Panic users always losers in trading.A good trader should be emotionless.I always to tried to keep my emotions set aside.Never got panic.

I also try to stay calm in any situation. Panic can not help make the right decision. I came across situations where, because of the panic, I lost some money. Well that was a very small amount, but it was a lesson for me.

[trade2winnn]

Not one decision that is taken in a panic can not give a normal result, as all the decisions that are in a panic, usually lead to chaos and disorder,etc., you should always weigh everything and act correctly!