Wyndesam
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Activity: 392
Merit: 10
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August 26, 2018, 08:13:38 PM |
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Yes of course when bitcoin fell from 9000 to 6000 I sold hastily and without thinking I would have time to buy below but did not have time, now in the red
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HichemFetoui
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August 26, 2018, 09:15:36 PM |
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personally i don't ever trade when you are emotionally instable this is not always the right decision you need to detach your self from emotion when you trade good luck
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catapult
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August 26, 2018, 10:30:24 PM |
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Have you ever take wrong decision when you were panic. share your experience
Don't being panic is a very strong rule for me. In the past, I had a lot of different hesitations about the world of crypto, and I have decided that it is impossible to be successful with hesitations. So, I think patience and doing a lot of researches are perfect ways in crypto.
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Rammygold
Newbie
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Activity: 202
Merit: 0
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August 26, 2018, 10:35:21 PM |
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Making decisions in a panic situation is not a easy task or something that is easy to do because you won't be able to put your mind in one place, because I would be scared maybe to still hold my tokens or sell them off in order to cut my loss. That's why I said making decisions in this situation is not easy.
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/GeertJohan
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August 26, 2018, 10:40:55 PM |
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Trade is that i learn new things every day, learning doesn't end and i can't say that everything works perfectly in the market. So sometimes i make a mistake, in this case panic is a natural behavior, i try to calm down quickly and try to reschedule what i can do.
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Raidal
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August 26, 2018, 10:48:36 PM |
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Obviously I would have made the wrong decision when I made the decision in a panic. In a state of panic, the decision that I considered right turned out to be wrong. I suggest that when you become a victim of panic, you should not take any decision. You should calm yourself until your psychological condition is stable. After you are calm then you can think clearly to make the right decision. Other than that you can ask for consideration of the person you trust so that you don't make the wrong decision. This consideration is necessary so that you are more confident in the decisions that you will take. However you must ask for consideration from someone who is more experienced and professional than you.
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karramov
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Activity: 448
Merit: 10
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August 26, 2018, 10:53:13 PM |
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At the very beginning of my first trading on the stock exchange, I made a lot of mistakes. I did not understand how the market works and I was just interested
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Specctrall
Newbie
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Activity: 224
Merit: 0
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August 26, 2018, 10:54:51 PM |
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Yes, there were several times when I panicked and made the wrong decisions.
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skiorf
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August 26, 2018, 10:58:48 PM |
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When a situation of heart and mind is panic due to seeing the development of the crypto market that continues to decline often results in inappropriate decisions and then brings regret. Many experienced by beginners because their knowledge is still minimal to crypto. They are too fast in making decisions because of their fear of crypto that cannot grow anymore. In addition, they are also in the wrong position by being on a coin that cannot develop properly and continues to decline. In investing, choose a coin that is at least in the top 50 coins.
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ovbokhan
Newbie
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Activity: 95
Merit: 0
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August 26, 2018, 11:01:39 PM |
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If you want to lose money, make your decisions when you are emotionally unstable. It should be avoided because it clouds your sense of sound judgements.emotions and trading do not mix well
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the rise
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August 26, 2018, 11:07:46 PM |
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Obviously I would have made the wrong decision when I made the decision in a panic. In a state of panic, the decision that I considered right turned out to be wrong. I suggest that when you become a victim of panic, you should not take any decision. You should calm yourself until your psychological condition is stable. After you are calm then you can think clearly to make the right decision. Other than that you can ask for consideration of the person you trust so that you don't make the wrong decision. This consideration is necessary so that you are more confident in the decisions that you will take. However you must ask for consideration from someone who is more experienced and professional than you.
Panic in the market there are two things that panic first when prices fall and the second panic when prices go up, so a good attitude in responding to panic is only by analyzing with various sources for example if prices go up either prices rise because of development projects or something that makes high prices for example Hardfork and pumping from the community, it is best to sell quickly when prices are high because if we keep quiet then it will be a loss. and if you panic when prices go down, of course we will re-analyze why prices can go down if because of the decreasing BTC prices and the impact on the coins we have, it is best to hold the coins and prepare more funds to buy at the lowest price.
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masterchief001
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August 26, 2018, 11:11:55 PM |
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Have you ever take wrong decision when you were panic. share your experience
Yes of course! I have repeatedly made my mistakes and made me panic and anxious. When entering the e-money market, what is the purpose of me is to make a lot of money. I bought the coins and waited for high prices. Last year I did not sell the bitcoin when the high price is now heavy losses.
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becak mesin
Jr. Member
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Activity: 163
Merit: 1
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August 26, 2018, 11:33:48 PM |
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If you want to lose money, make your decisions when you are emotionally unstable. It should be avoided because it clouds your sense of sound judgements.emotions and trading do not mix well
making a decision in a panic situation is not good way, even it is the worst. And it has ever happened to me when I was trading. I lost much profit. for the beginners, it usually happened since they are panic with the price of the market. it is like a trap whether you can pass it easily or vice versa.
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Crypto-Court Universal Cryptocurrency Platform https://cryptocourt.online/
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dropper01
Newbie
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Activity: 98
Merit: 0
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August 26, 2018, 11:34:26 PM |
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Have you ever take wrong decision when you were panic. share your experience
of course, because I'm also a human. until now after years of joining Crypto, I was still hit by panic attacks. but now it's better, because I'm too panicked, I've sold all of my tokens and coins at really cheap prices. and after that I was very sorry for selling everything. what I have done? oh hell.
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AVAMONEY
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August 27, 2018, 11:23:48 AM |
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Of course, I once made the wrong decision by selling in panic. Finally, the profit I got was not much, I had regretted it, but then I thought again, why I regret it, and make this lesson for the future not to repeat. It is a message for me personally to be more patient in this market.
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Valpekh
Newbie
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Activity: 70
Merit: 0
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August 27, 2018, 03:58:41 PM |
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Each merchant should confront crash of market. However, some of them are truly accept on cryoto market despite everything they hold their coins. In any case, some of them getting frenzy and they need offer out their coin at loss.I don't care for this choice, I genuinely trust that market will begin moving. That is the reason I didn't get freeze on my exchanging.
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ynclksnr321
Member
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Activity: 280
Merit: 10
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August 27, 2018, 04:00:26 PM |
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The biggest trouble you can bring your own in the crypto market is trading with panic. Any mistakes made at this point will come back to you as harm. But if you make reasonable decisions and trade without haste, you will get the success.
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santiPOGI
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August 27, 2018, 04:02:14 PM |
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Have you ever take wrong decision when you were panic. share your experience
I ended up like an idiot, it was my newbie trading and with the panic i made to myself i did buy high sell low. this is not a good start, i feel frustrated, But that serve as a lesson to me. i read many post on how to make a good trade and i learn alot. now i think i am good but not a pro.
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MrBAU
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August 27, 2018, 04:09:59 PM |
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Have you ever take wrong decision when you were panic. share your experience
I ended up like an idiot, it was my newbie trading and with the panic i made to myself i did buy high sell low. this is not a good start, i feel frustrated, But that serve as a lesson to me. i read many post on how to make a good trade and i learn alot. now i think i am good but not a pro. You have realized your mistake and gained experience. New knowledge will help you find a path to profit and success. The most important thing is that you did not give up, and everyone realized and continued their undertakings ,when you are more smarter and experienced.
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Zemytha
Jr. Member
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Activity: 85
Merit: 1
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August 27, 2018, 04:11:56 PM |
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I ever. the first time I trade. for me, seeing the prices go down so fast that is very panic. and I immediately sold my coins. a week later, the price of the coin rose beyond my expectations. and I really regret that.
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