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Author Topic: Decision in panic!  (Read 5962 times)
Yatsan
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September 05, 2018, 12:51:34 PM
 #881

The main feature of trader is patience. With own strategy it's not so important what happens on the market. Panic is a good chance to buy more coins that undervalued in that time. And it's a second what must have a good trader - own list of coins for purchase. And in this case panic don't make any influence  Wink
PATIENCE IS KEY. literally speaking patience will be more beneficial in the long run specially when it comes to cryptocurrecy. We cannot deny the fact that we do feel worry sometimes because of dips on our asset or in bitcoin generally but the thing with digital volatility will keep us alive. While some people are in panic, some are taking advantage of dumping keep that in mind.

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Blackhawk0125
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September 05, 2018, 12:56:32 PM
 #882

In any investment, decision taken in panic leads to loss. One must be patient and invest in cool mind.
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September 05, 2018, 12:56:41 PM
 #883

Yes, I had such an experience. And probably this was for every newcomer. The main thing in this situation is to learn a lesson and not make repeated mistakes. It's not a mistake that he does not do anything.
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September 05, 2018, 12:57:43 PM
 #884

Many times in the past I panicked and sold tokens or coins that later on went to make very big gains so now I am very careful. Unless the coin or project is rubbish, I will now never sell in a a panic or do anything like that. Now we are still in a bear market anyway so now the shorts are winning every time. As long as you can sell when high and then buy back in when low, that is the best thing to do at all times. Do not panic and relax when market is dumping, only sell at highs.
I also want to do what you are doing, do not decide in panic and relax but the general situation of the market does not allow me comfort, it constantly attacked me with the long red, every day and every day, I really can not stand it. My limits have come so close, I am only afraid of the coming time, if things do not have a good shift, I would probably sell all in a panic and boredom, you should understand your investment feeling is divided 5, it was terrible and caused a lot of pressure
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September 05, 2018, 12:58:16 PM
 #885

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

Not yet. I always make sure to have stop losses on my trades. By that way, I minimized the Panic and stressed cause by bear market.
REYVAN
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September 05, 2018, 12:58:25 PM
 #886

Yes, I had such an experience. And probably this was for every newcomer. The main thing in this situation is to learn a lesson and not make repeated mistakes. It's not a mistake that he does not do anything.
That's what needs to be learned, learning from other people's experiences for new users will be very helpful plus getting guidance from experts will be very helpful.
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September 05, 2018, 12:58:29 PM
 #887

Have you ever take wrong decision when you were panic. share your experience
yes, having ones decision when you were in panic might give you trouble in the end, because you cant actually make a right decision when you are in panic, you might be thinking the wrong way.

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September 05, 2018, 01:00:12 PM
 #888

Have you ever take wrong decision when you were panic. share your experience
yes, having ones decision when you were in panic might give you trouble in the end, because you cant actually make a right decision when you are in panic, you might be thinking the wrong way.
It has a greater chance of failing when panicking. On trading , Panicking to sell when you see that the price is getting low fast that it came to the point that you are being pressured to sell your token is a bad move. Just go chill and open your mind if you will sell your token or not.

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hanadaya
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September 05, 2018, 01:24:23 PM
 #889

In my opinion, there are many of us who use Bitcoin when prices go down. When other cryptocurrancy coins we cannot really avoid panic and sell them at low prices because they usually fall short and will not rise again. Not long enough the market recovered and multiplied, I was very sad if I waited a little longer.
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September 05, 2018, 01:31:45 PM
 #890

Personally, I think so many decisions will definitely be coming one's mind like selling all and leaving and all of those. However, for as many that have seen a future in crypto, I think what's best to do is to hold on and buy more.

With this, one will wait for the raining seasons to come to and gain bountifully from it.
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September 05, 2018, 02:44:18 PM
 #891

Do not make decisions in a state of stress or panic, because in this case you risk making the wrong choice. I think it is very important to learn to control emotions, this can play an important role for us.

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September 05, 2018, 02:45:36 PM
 #892

It's good that people understand that decisions that are taken during a panic are clearly not to be taken seriously, it's very right, because such decisions are clearly not right and lead to very bad consequences
Herostorm
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September 05, 2018, 02:48:11 PM
 #893

This is a time when many people are scared and they have dropped out of the market, so I think whoever sheds that we should buy and accept holds in time. long, we will be profitable
Haterstestbtc
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September 05, 2018, 02:51:01 PM
 #894

Panic won't benefit you any good most of the time since you are not in your good state of mind. Make sure to make decisions in a more relaxed environment in order to come up a more creative and profitble ideas.Just an opinion based from my experience especially in trading.
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September 05, 2018, 02:59:24 PM
 #895

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

When i was just new here i have a 0.80 bitcoin in my wallet and because of panic i sold them all and just a week after bitcoin grows,thats the saddest part of my life in crypto community and that serves a big lesson for me and for many of us who ones panicked
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September 05, 2018, 03:01:09 PM
 #896

of course i do, i have ever get fomo then sell immediately all my token when market goes red.

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September 05, 2018, 03:03:27 PM
 #897

In January I bought some Ripple for the money that I had. But it was a very little amount and I bought Ripple when the price was $1. At that time Ripple dropped to $1 from $4. So I thought that will be a good time to buy. Without thinking twice I bought some Ripple. But now the price is under $0.5 I think. That is the mistake I have done being panic.

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September 05, 2018, 03:10:14 PM
 #898

   Even when the etherium flies down by $ 200 this will be the beginning to buy it a little for trading tokens on the exchange.
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September 05, 2018, 03:11:12 PM
 #899

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

of course when we panic everything will become chaotic, we can't think clearly, and tend to make mistakes. the first time I joined Crypto I was hit by a panic attack, but at the moment everything was calm.
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September 05, 2018, 03:11:23 PM
 #900

Of course, many times I do not keep calm and make the wrong decisions. However, from the mistakes I have experienced to not repeat those mistakes. In Crypto too, there will be many mistakes, but gradually you will be wiser.

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