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Author Topic: Decision in panic!  (Read 5950 times)
Jamesdila1
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September 27, 2018, 08:53:59 AM
 #1081

never. no need to be panic. thats a big mistake. most of are talking about selling in panic situations. best thing to do is wait for profit and sell it. so decision making is so important in that situations

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September 27, 2018, 09:02:27 AM
 #1082

never. no need to be panic. thats a big mistake. most of are talking about selling in panic situations. best thing to do is wait for profit and sell it. so decision making is so important in that situations
Panic conditions will make the wrong decision because when you panic you can't think well only emotions. You have to deal with patience and stay calm, the main solution when conditions like this hold your coins. if you release a coin when market conditions like this you will lose everything, you have to wait until prices stabilize and rise high, believing the future will grow beautifully.
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September 27, 2018, 09:27:49 AM
 #1083

I often made the wrong decisions at the time when I was a beginner in crypto. I was subject to emotions and did not make money in crypto. Once I sold bitcoin at a price of 2000 dollars, and then the price went up sharply.

I was not immune to panic selling as a beginner on crypto market. Luckily, I've drawn out a lesson from my panic-caused losses and now I do my best to keep calm (but it's sooo difficult sometimes). Panic is the worst adviser, but I think we all have to fall into panic and lose money once to prevent bigger losses in future.
erushin.antony
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September 27, 2018, 09:31:58 AM
 #1084

The best reshy in such situation it not to panic. You have to calm down and make reasonable decisions. It will help you to understand the market  Cool

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September 27, 2018, 09:43:25 AM
 #1085

When I am feeling panic, so I often do things that simple. for example do not often see market. go out to have fun with friends. so I will be a bit of a forgotten sense of worry that I feel.
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September 27, 2018, 09:46:29 AM
 #1086

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

I had a bunch of crypterium tokens I had earned with a little bounty. Not much, but I just held on them. About 2 months ago they started rising after almost 1 year of constant dropping in value. I thought it was a one time pump and I took the chance to sell them and swap them for another token I started to like (elastos). Well, little did I know, if only waited 2 more days I could have sold those crypterium for twice the value....

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September 27, 2018, 10:08:08 AM
 #1087

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

I experience that before and I learn from it,that making panic has no good benefits and only leads us to make a wrong decision and we need to be ready all the time and accept all the consequences,because we cannot speculate every token prices in the market that's why we need to be Patience always so that we can avoid losses.


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leonix007
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September 27, 2018, 10:37:55 AM
 #1088

Once. I have earned particular tokens from a bounty, and decided to hold. Now, that token flops at almost 0. I wish I sell all of those.

Often times when I get caught in situation like you, I rather wait than sell at almost zero sats

I will just set my sell trigger on a reasonable price amount and leave it there and forget it for awhile Cheesy

Just in case a bull run, still your sell will be triggered

leaving it ready while unattended

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September 27, 2018, 10:47:19 AM
 #1089

Have you ever take wrong decision when you were panic. share your experience
Of course, it happened a long time because I was just a beginner at that time. at that time I had assets in one of the altcoins, the price had dropped for more than a month but after that it showed a significant increase but sometimes dropped again. at that time I was afraid the price would come back down again and I decided to immediately sell it. but after I sold it, it turned out that after 3 weeks it increased 3x from the first I sold. there I wrongly predict and make the wrong decision and in a hurry because I am afraid and panic when the price goes back down again. from that experience I realized that panic would make wrong decisions and lead to regret.
Cloud_miner
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September 27, 2018, 11:18:39 AM
 #1090

Panic solutions are very rarely true. Because, as a rule, a person in such a state is not capable of soberly thinking and is ready to do anything. And after he commits such acts to him later comes the understanding that he did absolute stupidity.
gigusico
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September 27, 2018, 01:13:28 PM
 #1091

at the beginning of my journey in the crypto world, I ran into this when the coins that I purchased were falling in price and I sold them in a hurry, but a few days later they recovered
jekainvestor
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September 27, 2018, 02:44:28 PM
 #1092

As a rule fast and not correct decisions are made by newbies, that appeared on the market recently, I remember that personally made too fast decisions without any analysis, and this led to the minus balance on my wallet.
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September 27, 2018, 02:49:29 PM
 #1093

Everyone comes in panic when market made a sudden big drop but i never make any wrong decision in panic because i know that panic always do wrong decisions which we want to regret after some time
topkhai
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September 27, 2018, 02:52:20 PM
 #1094

Almost everyone who trades in the crypto market has done it. Price changes are very fast. Sometimes we are wrong in determining the price when buying, yeah there is a mess after that, panic buy or panic sell
Rogkim1
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September 27, 2018, 03:39:20 PM
 #1095

The best solution during the panic will be to stop and calm down. Understand your further actions. Do not give in to emotions at all.
yhieniehy
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September 27, 2018, 03:41:50 PM
 #1096

I had a bitter experience of trade under the influence of panic mood. I try to learn lessons from the mistakes and not to repeat them more.

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September 27, 2018, 04:55:07 PM
 #1097

When we usually panic we took wrong decision in haste one must avoid panicking. It can cause a huge loss. I also booked loss when I was a newbie as a trader I sold my coins very early at very less price after that I repent if I would have hold it some more days I would definitely made handsome profit.

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September 27, 2018, 04:59:02 PM
 #1098

I had a bitter experience of trade under the influence of panic mood. I try to learn lessons from the mistakes and not to repeat them more.
Most importantly, you could learn from this lesson, despite the losses and in the future do not repeat your mistake and will be weighed to make decisions.

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September 27, 2018, 05:00:52 PM
 #1099

Experienced people don't panic. Usually there is a panic when whales are moving the market. For example some fake news can be a cause of a panic. Verify the source of the news before run as everyone. Don't be fooled.

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bibka33
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September 27, 2018, 05:01:51 PM
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Yes, I never took the wrong decision while in a panic, at least I do not remember this, although everything could be of course.

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