Decision in panic!

[reality18]

Panicking in crypto is very common among crypto users due to the frequent up and down movement of the market. However, every crypto user must learn how to cope and manage these panic very well in order to avoid taking bad decisions. Panic can lead to the selling of a valuable coin for cheap prices. Remember, the market always recovers, hence there is no need to panic sell.

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[SaveOurSea]

Panicking in crypto is very common among crypto users due to the frequent up and down movement of the market. However, every crypto user must learn how to cope and manage these panic very well in order to avoid taking bad decisions. Panic can lead to the selling of a valuable coin for cheap prices. Remember, the market always recovers, hence there is no need to panic sell.

that's right, market conditions that always move up and down naturally make us all panic, but we must be able to hold back not to cutloss because it will worsen the situation and harm everyone, patience is the key to success in cryptocurrency.

[austinsku]

many investors are guessing what is the fair value of ETH, but it is impossible to make a forecast in this case because despite the fluctuations, I believe that the ETH will return its lost cost

[RomertL]

The most wrong decision was not to sell my altcoins last winter. Price was good and I could get nice profit. But I decided to wait.

[maxim000]

When there is an involvement of money, emotions come naturally. It requires practice and patience to trade without patience. You need to be sure about your trading skills. Else you will be trading under emotions and there is a higher probability of panic selling or getting caught in a FUD.
For becoming confident of your trading skills, try to learn technical analysis.

[Gryphet]

Totally agree , I think to wait for the moment when will be sold at a good price, sell at the bottom when the price has fallen very low and not the best solution

[Best Coin8]

Once in a panic, I sell almost all of my coins. But it turned out that the market fell even lower. My feeling did not let me down.

[manuelgar]

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

I think that many forum users made the wrong decision to HOLD the coins last winter. I'm sure most of us regretted that decision. I want to make the right decision this winter.

[Neredex]

Since you invest in crypto you will surely get panic everyday when you keep looking at chart. But when my coin get really loss so much I really don't panic that much I do review when if I can still win the loss I get or maybe keep losing more then do the what I think is much better.

[superscommessebitcoin]

I am confident that any a participant this forum sooner or later committed mistakes and perhaps this was from-for panic or for other reasons, but this not avoid.

[Delinquency]

I have a few stories about this, I'll share the worst. In December 2017 I was trading short term with serious number like 1 BTC. For example I was buying monetha for 1 btc and was selling when i made 2-3 percent profit. I won 0,6 btc (which it was worth about 10k dollars) only in 20 days. Then I've tried to  practice same strategy in NXT coin. After I've bought NXT for 1 btc price went down in ten minutes. I have lost 0,2 btc when I had shower. Then I bought 1 btc more to decrease cost (this has worked before). Then Nxt price kept going down and down and finally I've sold them for 1,45 btc. I've lost 0,55 btc (almost 10k dollars) in a couple of hours. It was the saddest experience that I have.

[rahul7timt]

At starting stage i took wrong decision and made wrong decisions of selling my coins or buying at high rate. now i do not do panic selling or buying . Always do research , see the prices , charts befor making any decision.

[Bay_Harbour_Butcher]

I used to experience panic like that before, because I still didn't really understand and understand the crypto world, but now I am quite familiar with the crypto world, and fluctuating conditions have become commonplace

[zanzibar]

At starting stage i took wrong decision and made wrong decisions of selling my coins or buying at high rate. now i do not do panic selling or buying . Always do research , see the prices , charts befor making any decision.

And I was too greedy, believing that the market continued to grow. I lost so many opportunities that my life could be better 

[happy weblancer]

I know that panic is a condition that everyone feels, but not everyone knows how to control it. If you are alarmist, then you have no place in the crypto market. I know this, and I often repeat to myself: don't panic! However, I often panic, especially when the coin, which I trade, jumps sharply or falls. And I make rash decisions. It only hurts me! I always regret later.

[yingfeng]

Yes, many people are prone to panic. Therefore, many traders make big money on the exchanges. I bought some coins at a very expensive price. I thought they would continue to grow.

[TCTDev]

You can not make decisions at a time when you have an unstable emotional state. Most likely you will make the wrong decision about which you will regret.

[NakiRR]

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

usually when i feel that i'm starting to panic i'm shuting down computer and going away of it to prevent stupid actions or decisions. try it too, it works

[Norihiro]

Of course I did...it is called panic, so everyone make strange decisions in such conditions, panic means that everybody don't understand what is happening, so everyone is in the same conditions.

[dolcefarniente]

Many people participating in risky events have a state of panic. Experience shows that in such cases it is better to do nothing at all. There will be less losses.