Decision in panic!

[tommy48]

Don’t be the weak hands that panic sell at the worst moment. It’s easy to freak out and feel like you’d better cut your losses before they become even deeper. But what you usually wind up doing is depriving yourself of future gains instead.

[ambeo]

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

yes with crypto it was rejecting to invest in btc; in life it was when i've nearly missed my plane because i've messed up the dates of departure

[NoRiskNoSuccess]

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.

[Bearks71]

it is a totally unwise movement to make any choice underneath panic. for my part i've now not make any choice underneath panic in crypto because it will truly cause regrets. each time the market condition is unpredictable, it's far better to preserve calm so that it will decipher how things will pass in other to make the proper selection.

[room237]

Most of my panic comes from the FOMO side of things vs panicking because of falling markets.  I fomo'ed into NEO at high 100's prices.  Very bad.  I have now averaged down to $75 and hoping to continue to average down until I get myself even.  Buying  good coins gives you opportunities to average down and help yourself out. 

[hingter3]

So just relax and do what you want to do. It is better to have a calm mind when deciding what you want to do.

[Alogme23]

Yeah i do these days when ETH marketplace rate fall that tons. I never concept that a market charge like now for ETH would fall past 300 USD. As i had take a look at before on those essential fluctuations ETH marketplace price does not fall under 300 USD and that changed into the time I do panic as a result i decided to sell my ETH holdings.

[p i e c e]

I do not panic when there is a correction in the market. I just keep the coins because I know that the market will soon recover and will go up and then the profit is waiting for me.

If everybody would have the same strong nerves as you have, the market should not fall so critical. When the investors and traders start selling their cryptos, the prices of BTC and alts are falling.

[Boyong02]

Panic selling is for noobs, before i was like that but now i can control my emotions. Panic sellers is traders that is watching the chart everytime..

[jouns]

I have not panicked for a long time and have reconciled to the idea that I can lose all the savings in the cryptocurrency. Venture investment is a big risk.

[axiline]

Yes, I lost money many times because of lack of patience. Now I just try to take my mind off the market at the time of the fall, I take it as a vacation or a weekend and spend time with my family.

[tonyja2017]

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

I never had such a decision. Because I have read a lot of books about smart investing and I think I have the ability to resist many losses. I usually make the sale orders are anti-losses reasonable and I never get much risk.

[finzyoj]

Panic selling is for noobs, before i was like that but now i can control my emotions. Panic sellers is traders that is watching the chart everytime..

For lack of patience the panic selling always occur. But for me before I choose to enter in this cryptocurrency I remind my self that it is normal to experience ups and downs.  Part of the bitcoin is fluctuation of the value so if I were you,  dont make any decision out of panic because it will never produce a positive result.

If the thread of our business is not on top we can take a break,  divert your attention on other things and wait til the market come back to its normal price and pump gain.

[Lamborgini]

Panic is not good for us because decisions are made when panic then the decision makes us regret the next day.
I think we should always be calm.
I have experience that when the price of a coin has decreased in price and a lot of it goes down I make a decision because I feel panicked I sell all my coins.
Then after a few days, my coin rose so high and I felt very sorry at that time.

[raphyt]

Definitely we all have. Selling coins this minute and the next minute they are pumped. Hydro for example. but the thing is , we learn from these mistakes and it helps build as as better decision makers when it comes to things crypto currency.

[Mazzary]

panic arose when we lacked knowledge about the world of cryptocurrency especially regarding trading, when I first joined the trading I was panicked when the $ 100 deposit bought ethereum, a few weeks later drastically dropped but I still waited to hold, finally walked one month the price went up then it could profit

[ifirina]

Sure, and not only in panic
I am lazy person, I'm admitting it. And most of the people as lazy as me or even more. Because of that, a lot of actions are taken not from a position of a balanced and well thought decision, but impulsively by giving in to emotions. With some of these actions I was lucky, but most of them weren't good.
Now I am trying to spend more effort to analyze the situation first and only then take appropriate actions. But still, my laziness quite often takes control over me

[ElizaZX]

Once I saw the fall of the Kora token during the first days of going public and sold my tokens. After that, after 1 week, tokens began to cost twice as much. Panic did not make me a good deal.

[Leetukyang]

Most of the time when I see market continously dropping down I panic, but this not mean that I panic selling. Infact I always think of the future and always decide to hold and patiently wait.

[prometra]

When I started investing in crypto currency, I often made stupid decisions that would lead me to a panic. Earlier I was afraid of the market drop by 10-15%, but now I'm taking it easy)