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Author Topic: Decision in panic!  (Read 5950 times)
Classica35
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October 02, 2018, 11:39:22 PM
 #1141

Taking decisions during panic is one of the worse things to do in the crypto space, because after doing what you had in mind, most times you would blame yourself. So, why not take it easy and not be in haste and not allow fear to take over.
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jcarlo
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October 03, 2018, 12:11:41 AM
 #1142

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.

When we are panic, i think we dont realize with what we doing and we do random thing. Panic make us lossing our mind and not think with rational. And i am believe we should avoid that.
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October 03, 2018, 12:56:26 AM
 #1143

It is very much obvious that selling out of panic in most cases are detrimental to futuristic profit in the Crypto world. The one that applied to me based on my contingency anyway, but still regretted it that my contingent could have been sorted elsewhere. 

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October 03, 2018, 01:05:18 AM
 #1144

It's embarassing, but I have to admit I made some terrible decisions because of panicking.

This was all when I first started out.
I was following youtube crypto channels and following their advice.
Obviously, I ended up buying some pretty terrible coins.

Also, I wasn't used to the volatility of the market.
I was so hyped about crypto that I would watch coinmarketcap constantly and get stressed out over everything.
When I saw my first market correction, I panicked.

I ended up selling all of my alts at a substantial loss and converted them back to btc.
Of course, the market rose up again a couple days later, then shot up significantly after that...

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October 03, 2018, 01:09:23 AM
 #1145

Of course I have, that's my experience when I just got to know Crypto and just got the results from the bounty. crypto prices are indeed very volatile especially the new coins that enter the market are just a little you feel a loss. panic when prices are still rising relatively small and thinking if the price later dropped far but not the other way around when I sold all the coins actually increased by 10x so I could just surrender and make lessons for me.

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October 03, 2018, 03:19:55 AM
 #1146

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

I think i haven't doing anything in crypto world when panicking because i know everything doing with panic will not be a good thing.
We know that cryptocurrency market can be manipulated by some pump and dump group, so we cannot let they make us panic selling our coins.

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October 03, 2018, 03:28:46 AM
 #1147

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

I think i haven't doing anything in crypto world when panicking because i know everything doing with panic will not be a good thing.
We know that cryptocurrency market can be manipulated by some pump and dump group, so we cannot let they make us panic selling our coins.
when panic can really make us make wrong decisions, because we are afraid and worried so we don't think normally. if you panic, it's better to hold your coin so you don't let it go, if you release it, you will lose. You don't want to lose big rights? yes the solution is that you stay on your coin and wait for the market to stabilize to avoid losses.
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October 03, 2018, 06:40:58 PM
 #1148

Most of people make the wrong decisions when are in panic, it is heavy to get it together and to analyse a situation. I gave in to panic too and then lost money. But I try to work and not to make over myself serious decisions in a stressful situation.

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October 03, 2018, 06:46:23 PM
 #1149

yes very often and after that I regret it very much, so from now on I never panic anymore, because the price of coins in the market is only temporary, because it does not take long the market will rise and recover again

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October 03, 2018, 06:56:57 PM
 #1150

in panic most of the people cannot move. like a rabbit who see car light people going to be freeze. but this is not a good thing most of the times.
for example; if you are a trader and your hold start to be down. you should definitely sell this coin. if you wait for correction, you gonna lose much more. of course there is a chance you were right first place and coin take the bounce. don't be sorry. not to lose more important then not to gain.
Moshi Moshi
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October 03, 2018, 07:03:12 PM
 #1151

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

I think i haven't doing anything in crypto world when panicking because i know everything doing with panic will not be a good thing.
We know that cryptocurrency market can be manipulated by some pump and dump group, so we cannot let they make us panic selling our coins.
that's right, so when the deteriorating market conditions will definitely make all traders panic because it has become a natural thing, but when we panic we must be patient and wait because the market conditions will recover in a while.

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October 03, 2018, 07:06:33 PM
 #1152

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

I think i haven't doing anything in crypto world when panicking because i know everything doing with panic will not be a good thing.
We know that cryptocurrency market can be manipulated by some pump and dump group, so we cannot let they make us panic selling our coins.
that's right, so when the deteriorating market conditions will definitely make all traders panic because it has become a natural thing, but when we panic we must be patient and wait because the market conditions will recover in a while.
Even under such market conditions, you should not panic, because it will not bring anything good into your life, only failures. You need to be emotionally stable and patient.

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October 03, 2018, 07:08:59 PM
 #1153

Have you ever take wrong decision when you were panic. share your experience
yes i ever sold when on dips because i was panic, i thought my coin would go down and more down
but i was wrong, the coin went up and i am dissapointed

Billg4t3r
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October 03, 2018, 07:15:35 PM
 #1154

I did not feel panic just a wrong step if there was a drastic market decline because from the beginning I was ready with the risk that would occur. if the market goes down I have sold at a low price because the coin that I invest is less potential, so it's better for me to sell to buy more quality coins.
prihojantsev
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October 03, 2018, 08:54:17 PM
 #1155

There was a situation with an exchange token. I sold a coin as soon as it was available for buying because a lot of people noticed some disadvantages in the ready product and the whole project in general. I panicked and sold all the coins in the first hours but the price doubled next day. It was definitely my mistake. Since then I try to not be influenced by opinion of other, especially negitive statements.
SaracenRomero213
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October 03, 2018, 08:58:45 PM
 #1156

I think that each of us has ever made a decision about which he later regretted. It seems to me that it is impossible to earn in the world of cryptocurrencies without errors. The main thing is not to make these mistakes twice.
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October 03, 2018, 09:19:25 PM
 #1157

to keep on moderating returns of market as the drawing to shows with notable value on supports as trader to manage with less on waste as managing plan to lasts as referring difference with the finest on terms of the investment plan.




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October 03, 2018, 09:25:10 PM
 #1158

to keep on moderating returns of market as the drawing to shows with notable value on supports as trader to manage with less on waste as managing plan to lasts as referring difference with the finest on terms of the investment plan.




for beginners, it will not say anything at all, and it is they who are most susceptible to panic. We must understand that today the market situation is very influential and provoke inadequate actions of many users of cryptocurrency and first of all traders.
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October 03, 2018, 09:40:03 PM
 #1159

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

Honestly, I have experienced panic, when the price of bitcoin reached a low price, because of the panic, I sold the coins I had, but when the price began to rise, I was sorry, why I had to panic. even though I can control my panic.

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October 03, 2018, 09:53:21 PM
 #1160

I think that each of us has ever made a decision about which he later regretted. It seems to me that it is impossible to earn in the world of cryptocurrencies without errors. The main thing is not to make these mistakes twice.
Definitely, there are people who entered into the crypto with sufficient knowledge in this area and I do not think they could do something because of panic attacks. Panic inherent in newbies. Those who knows more and have confidence in themselves more then others act accurately and without mistakes.
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