Decision in panic!

[Devawnm367]

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

Yes, many times we make wrong decisions when we panic because it create fear in our body system that becloud our thinking process. For instance whenever we observe that the price of one of ours altcoins is dipping so badly we tend to panic which might lead us to sell. I remember selling my Docademic tokens to regret later due to panic.

[1715292754]

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[Devawnm367]

Yeah every time I buy verge i can hold it 6 months give up and trade it for trx and that same day xvg pump 300%, so then i hold and hold my trx sell it back for verge when it drops and trx pumps....

[gwerunm]

Indeed ofcourse I got freeze when the Bitcoin was down and the Bitcoin Cash is uptrend. So I choose to exchange my Bitcoin assets to trade to purchase Bitcoin Cash, however after I exchange my Bitcoin reserves, the Bitcoin Cash is down, and the Bitcoin will rise a tad, so I'm frenzy to drop my continuous purchasing Bitcoin Cash. The drop was sucessful lol. So my recommendation to the general population who freeze dependably, don't see the market value since it's begin to freeze you. Simply hold and make the most of your life.

[Rocktop044]

Panic is a human emotion, and we all know it can cloud your cognitive reasoning and lead you to take a wrong decision, but it's something that's hard to control, when your investments is at stake.
With time and experience most traders learn to control their emotions and make the best decisions.

[djprobsbd]

I never panic sell before and after. Because whale rules the market, I will hold it market down but attach with technical analysis to sell and buy decision  good luck.

[dmerrifield9844]

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!!!!

[supahlovah]

I once panicked, and panic makes me lose because I have to sell assets when the price is cheap. Though a few days later the coin prices rise again.

not everyone can immediately invest in the crypto currency - I'm talking about the psychological perception, namely, the readiness of every person and society as a whole to accept the novelty. that is, to begin to trust, freely use and understand at least the very minimum of how it works.

[tesla80]

Indeed ofcourse I got freeze when the Bitcoin was down and the Bitcoin Cash is uptrend. So I choose to exchange my Bitcoin assets to trade to purchase Bitcoin Cash, however after I exchange my Bitcoin reserves, the Bitcoin Cash is down, and the Bitcoin will rise a tad, so I'm frenzy to drop my continuous purchasing Bitcoin Cash. The drop was sucessful lol. So my recommendation to the general population who freeze dependably, don't see the market value since it's begin to freeze you. Simply hold and make the most of your life.

When you are in with a money you already agreed to lose, there is no reason you to panic in any situation. But if you entered with a money which is valuable to you, then panic is always with you, you cannot even sleep. The key is don't use needed money in trading never!

[Ilekoyafemi]

Though i'm new in the crypto market but i've never had any reason to panic because checking what has been happening in the past few years, shows that the market is still going to boom. So i just wait till i get my profit

[Trishiabtc]

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

Definitely Yes if your in panic you can make a wrong decision. Like when your panic about the red market, you can sell your coins in a low price.

[Rodeo02]

Indeed ofcourse I got freeze when the Bitcoin was down and the Bitcoin Cash is uptrend. So I choose to exchange my Bitcoin assets to trade to purchase Bitcoin Cash, however after I exchange my Bitcoin reserves, the Bitcoin Cash is down, and the Bitcoin will rise a tad, so I'm frenzy to drop my continuous purchasing Bitcoin Cash. The drop was sucessful lol. So my recommendation to the general population who freeze dependably, don't see the market value since it's begin to freeze you. Simply hold and make the most of your life.

When you are in with a money you already agreed to lose, there is no reason you to panic in any situation. But if you entered with a money which is valuable to you, then panic is always with you, you cannot even sleep. The key is don't use needed money in trading never!

Well that was so right cause even that there is such thing that you may ever have to think is the way on how are you able to be ineed money that is why we can have to be more wise and think for the better option that it can be.

[Love1989]

I think, we should not panic in the crypto world because it will only make us lose a lot. if we panic when prices go down, we will not be able to think clearly and will make wrong decisions.

[Financemy7]

You never need to make decisions while in a panic. You can make the wrong decision and then regret very. Especially in investing in crypto currency.

[MilaNOV]

people are emotional creatures, and I am not the exception. When I see some situation and emotions are going to overwelm me, I try to think logically what it may give me after my spontaneous actions, what the result may be. And the desire to act just at once and rapidly melts like the snow in summer. It is better just to try block your emotions when something troubling you. May be it is better to shift attention to something another,  do something another, it may save the futher situation.

[Adeyod]

We are all guilty of this because of the uncertainty. Atimes you sell because of a slight reduction in price because you fear that the price might fall more than it has fallen. When at the end the price now goes up after selling, you now keep regretting that you would have waited a little bit. This has happened to virtually everybody in the cryptocurrency trading world and this is as a result of the uncertainty in the crypto world and also the level of its volatility is a matter of concern to all traders.

[Lerikaweb]

I sure that everyone had made some decisions they regretted. I not the exception. Panic sells is not my story,  but in real life I'm an impulsive person

[Fear]

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

95% of those decisions in that mode are wrong and lead you to loss of money in bad case and just time and effort in a good one. So the reason is that you can never think enough, when panic.

[slightmoon]

Just today I made decision in the panic. Almost all the tokens I cash out in the other single coin. Was holding since many months but no change except down and even ETH also not doing good. So, I decided to sell whatever I got. Yet it's good or bad decision only with time I get to know.

[pencilforceful]

when is started trading i sold my tokens too early cause they started to drop, but now i know that it doesn't mean everything at all

[guillot1ne]

currencies minimize corruption that arose from intermediaries, and also influences the egoism of the participants in the system, but the incentives of all the participants of the network are not sufficiently coordinated yet.