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Author Topic: Decision in panic!  (Read 5950 times)
Banger42
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August 28, 2018, 06:48:10 PM
 #821

decisions made in a panic or rush is never the best because the right analysis is not often done about the situation and I think bad market news can make people take a decision in a panic which they will later regret it. Decisions made in a panic are not the best at all and can make you lose a lot of money
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Gelesko
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August 28, 2018, 06:51:37 PM
 #822

Have you ever take wrong decision when you were panic. share your experience
Yes I have panic experience, it is the most stupid thing to do is work, when you are in panic. You could lose everything in panic trading, you start to get addicted to wrong decision making and losing your money! Best thing to do is to stop working and leave it where it is, come back to the problem (minus positions) in one or even two weeks, you should always control your mind! I have lost 3000 dollars, because of panic trading

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August 28, 2018, 06:55:39 PM
 #823

Always. I have this tendency of making bad decisions whenever i panic and i usually panic alot. So doing the simple maths you can guess that i make alot of panic based decisions, and i have fked my life because of my bad decisions.

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August 28, 2018, 09:33:02 PM
 #824

All of us made wrong decisions being in hurry. When I was new in crypto and started trading and was not
used to price volatility of this market were doing some silly panic sellings I have regretted later.

Athanasios Motok
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August 30, 2018, 07:27:36 AM
 #825

Have you ever take wrong decision when you were panic. share your experience
Panic is bad. 70% of success in trading is due to emotion control. Technique, education and skills are all secondary. If you start to panic, you do, then what then regret
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August 30, 2018, 07:28:30 AM
 #826

So far iam never panic when the price keep going down because i always using stop loss so my open potition automatcly close when the price going down. My mistake in trading is less patient when buy any coin to get best price, sometimes i was panic buy when the price pumping and with stop loss i can reduce the risk incase the price reversal.

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August 30, 2018, 07:37:19 AM
 #827

I have experienced it when the price went down and I immediately sold all tokens or coins in my wallet. It was a fatal mistake for me because in a few months everything went up and I continued to regret it. I have to learn from the experiences and mistakes I have done.
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August 30, 2018, 07:37:47 AM
 #828

It a very sad experience I don't like sharing but I will try share it with you, it happened that I got a token whischbis worth $3000 buy as weeks pass it keep falling in value and within two weeks it got down as low as $900 at first I was thinking it will soon get back up but it keeps falling each blessed days and it got to a point it fell down to $400 and at this point Iowa's already panicking but I still hold on to my token a day came that it went up again as high as $1900 at this point I was happy and I said to myself I will leave it for it to increase the more but look and behold it started falling again around $1700 this time,for me not to get back to the horrible $400 again I sold off and I was happy with myself but look and behold four weeks later I went to check for the same token and the worth of the token I had then was now at $6000. I was so mad at myself and it pain me till today.
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August 30, 2018, 07:54:53 AM
 #829

Have you ever take wrong decision when you were panic. share your experience
When I started to deal with cryptocurrency I made a mistake in panic. When the coin fell in price I was afraid of further fall and sold it, but after a couple of days it grew by 33%. I was upset. Now I'm not panicking, it's very difficult but I'm holding on
andrej.safronov.1990
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August 30, 2018, 07:56:40 AM
 #830

Yes, I took a lot of wrong decisions when engaged in active trade. But in the past I've confessed my error and not anymore, only invest. Was not a good investment and a bad decision, I sold the EOS before its rapid growth, bought NEO and he started to fall, in General in this market without mistakes is impossible, the main thing to take for granted.

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August 30, 2018, 08:13:36 AM
 #831

It is so hard to predict the exact fashion of the crypto market due to its being so unstable. In only some pump or sell off, the market actions significantly and this makes crypto an interesting asset to make investments and exchange.
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August 30, 2018, 08:16:29 AM
 #832

I did my Decision wrong when I panic sometimes, but now I used to control my feelings even I check the market price of the coins still goes down.
Valzador
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August 30, 2018, 08:17:42 AM
 #833

It is so hard to predict the exact fashion of the crypto market due to its being so unstable. In only some pump or sell off, the market actions significantly and this makes crypto an interesting asset to make investments and exchange.
isn't it like that before? Crypto is speculation, more and more people are speculating that we will benefit and vice versa if no one speculates there will be a situation like this.
Ar.harry
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August 30, 2018, 08:20:49 AM
 #834

Guys dont make such a decision  in panic when the price of your tokens gets down because  when its the nature of crypto market,  ups and downs will be there. I think you should wait for some days so that you can gain profit when the market goes up.  So Don't  make decision when in panic, just chill and wait for the market upflows. You will definitely  gain such a profit.
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August 30, 2018, 10:29:44 AM
 #835

I made myself sure to not to decide when in panic or any emotional feelings, because when you are in panic, you tend to decide on things that you dont usually decide when you are on your normal emotional state. So dont ever decide to do panic selling because maybe you will regret it when things go normal again few days or weeks later.
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August 31, 2018, 08:02:27 PM
 #836

Have you ever take wrong decision when you were panic. share your experience
Yes, I needed money urgently and I sold 17 cents in a panic, and then it grew to $ 1. I did not suffer any loss. But this can be considered a shortage

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August 31, 2018, 08:26:03 PM
 #837

Panic is always bad. Very rarely good decisions are taken during a panic. Cool down, then make decisions!

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August 31, 2018, 08:37:48 PM
 #838

Panic is always bad. Very rarely good decisions are taken during a panic. Cool down, then make decisions!
It's not a good idea, to decide in panic mood that's a big mistake for you it can causes loss of coin. Have a presence of mind and not committing panic because there will be more days to come. You must wise in terms of that and you must plan first in order not to regrets.

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August 31, 2018, 08:47:22 PM
 #839

Constant study of information and making independent decisions is the best advice. So do not pay attention to someone else's panic. Grin
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August 31, 2018, 08:48:33 PM
 #840

Only inexperienced and overly trusting people fall into a panic. Moreover, now nothing particularly terrible with the market is happening. Everything can not be all easy. And the more time is needed
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