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Author Topic: Decision in panic!  (Read 5962 times)
Leftneck
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September 09, 2018, 08:32:31 AM
 #961

Have you ever take wrong decision when you were panic. share your experience
Everyone if feeling frantic will rush to take a step without thinking first. and it's natural for everyone who has just begun trading and losing their own assets and choosing to sell them in a loss.
all of these are learning if in panic it is better to overcome them with positive thinking and strive to be calm.

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September 09, 2018, 12:47:12 PM
 #962

Of course I was very scared when I saw the market fall.And sold coins at a low price, sorry now very much about it .
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September 09, 2018, 01:00:25 PM
 #963

The worst and rash decisions are made in a panic. Under the panic, a person does not control himself and does unnecessary and unreasonable deeds, after which they regret the work done.
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September 09, 2018, 01:05:17 PM
 #964

there are many times that i panic sold that is why now i will not be afraid to hodl and take the risk. most of my decisions when i was new is based on my emotions but i am wrong. there are lots of factors to consider and emotion is not one of them. i have tried to read the sentiments of the market and now i am positive to hodl!

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September 09, 2018, 01:54:04 PM
 #965

All of us, who are in this industry, I think we've ever made a wrong decision. Because we are in an investment business, the price of the token is unstable. I felt panic when the price of the token that I bought decrease, then I decided to sell it. And you know what, the price rises high enough after that. OMG, I'll never do the same tactic again.

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September 09, 2018, 01:56:16 PM
 #966

All of us, who are in this industry, I think we've ever made a wrong decision. Because we are in an investment business, the price of the token is unstable. I felt panic when the price of the token that I bought decrease, then I decided to sell it. And you know what, the price rises high enough after that. OMG, I'll never do the same tactic again.

Wrong decisions and right ones are all down to the luck of the market,,, if we feel that these are all decisions based purely on price. But if we decide with good reason that we will try a trade to go in 1 direction, but if it stops losses us out when it goes in the opposite direction, this is not a wrong decision to me, but the right one.

Wrong decision to me means you change your mind about a trade and do it different from where you started. Not because of anything but emotion/panic/whatever.

So you can still make losses all the time but these are not wrong decisions!

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September 09, 2018, 02:00:06 PM
 #967

The word panic make investor to loose when ever they invest because they will loose faith and make them to engage in sales they ought not to which make loss, break even or minimal profit
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September 09, 2018, 08:27:56 PM
 #968

who though races looked at the course and had a coin, I think in any case makes a decision on emotions)
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September 09, 2018, 09:51:16 PM
 #969

I do not make decisions on a hot head and that is what has allowed me to still not make any serious and stupid decisions.

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September 09, 2018, 09:52:31 PM
 #970

Who is experienced in trading never sells in a panic, he always has a fresh mind, now do not sell and panic suffer !

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September 09, 2018, 09:54:54 PM
 #971

Yes, I often made the wrong decisions in a panic. therefore it is necessary not to panic and carefully consider their decisions

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September 09, 2018, 09:55:48 PM
 #972

I have made countless bad decisions, especially in times of high tension or panic, the important thing is to learn from it and keet it cool the next time, the good thing is that we are gaining experience in certain situations and now it is very difficult to let my emotions cloud my judgment.
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September 09, 2018, 09:56:30 PM
 #973

I fully agree with the author, himself a novice and trying to hold back from sales minus the kept long !

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September 10, 2018, 12:33:54 AM
 #974

Have you ever take wrong decision when you were panic. share your experience
Actually i'm experience on that also to take a wrong decision and so panic so much on when my coins that ill have dropping. Ill sell them to a low of price since then the price was fast increasing the price so ill just worried about that time because the coins ill sell in low price are back to high price.
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September 10, 2018, 12:49:31 AM
 #975

For me, everyone in the cryptocurrency sector is facing it. Because of large market fluctuations, it's not like something in their hands because when you buy something and it's lower you will panic thinking it might be deeper. Panic decisions will only bring losses.
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September 10, 2018, 02:58:31 AM
 #976

I made those decisions in a panic. the coin started to fall in price and I sold it, and then it grew in price and I suffered losses. Cheesy Cheesy
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September 10, 2018, 03:07:16 AM
 #977

Of course everyone has experienced panic, let alone seen the market as it is today, maybe many people sell their coint even though the purchase price is cheap and they will lose money because they can't wait to wait for the coint to go up

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September 10, 2018, 05:01:36 PM
 #978


Wrong decisions and right ones are all down to the luck of the market,,, if we feel that these are all decisions based purely on price. But if we decide with good reason that we will try a trade to go in 1 direction, but if it stops losses us out when it goes in the opposite direction, this is not a wrong decision to me, but the right one.

Wrong decision to me means you change your mind about a trade and do it different from where you started. Not because of anything but emotion/panic/whatever.

So you can still make losses all the time but these are not wrong decisions!

Yeah, maybe the word "wrong" here has different meaning with "wrong" in your opinion. And you're right, all of our decisions (whether it's profitable or not) are all down to the luck of the market. Then we can learn "something" from our decisions in the past, whether it's right or wrong; right?

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September 10, 2018, 05:06:42 PM
 #979

The worst thing when working with crypto currency is a decision that is taken in a panic. I in a panic sold 0.5 bitcoin, and after 3 weeks, this coin began to grow rapidly in price. But the main thing in this, is to draw the right conclusions and not make such mistakes again.
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September 10, 2018, 07:07:36 PM
 #980

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.

Never take fast decisions, especially when you are in a panic. The probability that you will make a mistake, reaches here 90%. It means - you will lose. Think everything over well before  - it will help.
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