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Author Topic: Decision in panic!  (Read 5955 times)
Marlyn1
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August 11, 2018, 03:05:09 AM
 #701

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

Desicions are being think twice. It should be weigh according to your goal and expectations. It is better to list down the pros and cons then think about it you can ask opinions if you want. It is bad to make decisions if you are in a panic and stress mode.
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August 11, 2018, 03:39:36 AM
 #702

in the crypto world we are already very familiar with what is called panic sell, and this is what made the crypto market condition worse, but when the crypto began to improve, and everyone would mumble because they were too hasty to sell

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August 11, 2018, 03:43:15 AM
 #703

I think all of us have expereinced something like this. Probably sold some of our coins because we felt the panic and thought that the price will just continue to go down. And ofcourse there will be regret
Minh maluco
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August 11, 2018, 05:01:15 AM
 #704

I try to avoid serious decisions when I panic. because it is a common thing to make the wrong decision when panicked and finally only regret you get
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August 11, 2018, 05:05:10 AM
 #705

This is one of the worst momments to make decisions in the cryptocurrency arena,. When panicking your decision making ability is quite clouded by fear hence there. Are chances of you making avoidable mistakes, you'd rather just hold on and decide when more confident instead if rushing to it
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August 11, 2018, 05:05:50 AM
 #706

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.
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August 11, 2018, 05:17:16 AM
 #707

One of the main reasons people make mistakes is panic . Never need to make decisions in panic
humber1
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August 11, 2018, 05:18:12 AM
 #708

Everyone has experienced this. Many times people will panic or even panic for something. Once people will make wrong judgments and eventually cause heavy losses, we need to stay calm at all times.
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August 11, 2018, 05:39:04 AM
 #709

In the first months when ii start to invest in crypto i make mistake rushing and take few panic decision,l lost some money , but i learn from that experience and now i will not make any panic decision.
SmartMetro54
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August 11, 2018, 06:57:07 AM
 #710

The first thing not to do in crypto world is never to make decisions in panic or hasty mind. The market may be unstable, the price may be low, you may have faced extreme loss but keep patience and wait until the market goes stables.
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August 11, 2018, 08:41:51 AM
 #711

panic when the price drops drastically and then we sell coins that are owned at a cheap price. whereas some time later the price increases again.
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August 11, 2018, 08:44:06 AM
 #712

When I panic, I always do not see market. That way, I would not be tempted or affected to sell coins I had. Because to be honest it is very prone to. When we panicked, we will be more easily influenced by our emotions.
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August 11, 2018, 08:45:55 AM
 #713

The current market is a manifestation of panic, which has fallen more than 10% for three consecutive days. Bitcoin has broken the key $6,800. It seems that the market will continue to fall.
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August 11, 2018, 08:52:07 AM
 #714

making decisions when panicking won't be true not only in the crypto world, in the real world is the same, if you want to make a decision you have to be calm not when you panic because it will only make regret later Wink

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August 11, 2018, 09:04:21 AM
 #715

The decision was very hard I think because selling at low prices in the market conditions are very bad. I lost money but it doesn't matter to me because I think there is still another chance to earn money. When taking the wrong decision is something a good experience for me. Because the future can make us always to be cautious before taking a decision.

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gaponya
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August 11, 2018, 09:12:58 AM
 #716

Of course, this happened to me more than once, but now I do not regret it, in panic when the price jumped a little, I sold everything, and then this coin has grown twice as much, and I was upset but in a few days it instantly fell to almost zero and it has raised my mood!
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August 11, 2018, 09:17:31 AM
 #717

Everyone has had a bad experience from his life's journey. I think that also happened in Crypto. I have the wrong experience in making decisions to follow a project that requires me to give my dedication every day. However, at one point I got information that the project I was following was a scam. I felt that they had made me very disappointed because they did not appreciate the slightest effort that I had given. For that, do not panic in choosing a project, investigate first with details.

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August 11, 2018, 09:19:41 AM
 #718

I make one wrong decision and sell my holding coins when the market was dropping significantly and I sell immediately in the panic that it will drop further but now I regret my decision as after some time market revive and my all sell coins were at huge gains.

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August 11, 2018, 09:28:46 AM
 #719

i did, and i have a lot experiences with taking decision when i was panic after seeing market situation or price situation. this is what i need to fix, starting to invest with my spare money and hold it as long as i can, so i will never get attacked by panic anymore. i will prefer long term investment since now, and will never to get back to do daily trading to earn profit from my investment. especially with current market situatiin which was very risky.

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August 11, 2018, 09:31:55 AM
 #720

I once sold Neo when the price was dropping drastically at that time I was panicking, because I was afraid the price would decrease even more, finally I sold it then I regretted that the coin that I sold it a month later rose very dramatically.
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