Decision in panic!

[Azuliand]

Yes, there were a lot of mistakes from me, I often bought very late because of this and lost money, now there were still a lot of mistakes not buying the coin correctly and again in the minus left but I think you need to be cold-blooded in the market

[1715211463]

1715211463

[lornadane]

Yes, This is a common mistake what maximum people do in real life and even in the crypto life! I am a strong crypto holder, I don't care about market downtrend, because I believe the market will be okay soon or later. But I wasn't ready to see ETH at 168 USD! When I saw that Price, My minds fell into the panic! I sold 5 ETH instantly! Though after sometimes I felt bad that I did a mistake by selling! Yes, That was my huge mistake and that decision came from the panic!

[Sonaile]

I’m at the “I don’t give a shit stage” I invested what I could lose. So, I’m not worried either way. I have no Illusionary expectations, I love my life now and only now.

[AliMan]

I’m at the “I don’t give a shit stage” I invested what I could lose. So, I’m not worried either way. I have no Illusionary expectations, I love my life now and only now.

Decision in panic is cannot help you to think clearly so thatyou have to be calm first and make yourself have clearly mind before you decide. Also panicking won't help you and make you decide that possible you might regret. The best thing you can do is be optimistic because once you have clearly mind and you never be affected to the news about crypto, just be positive all the time.

[icex999]

i prefer not to make a decision when i'm panic.
because it will bring you profit at all.
decision in panic will make you wrong decision.
all you have to do is calm down.

[matico]

Panic leads to taking wrong decision, the question should have been: Have you taking good decision when you panic! The best thing to do in a market that induce panic is to first check on the fundermentals of coin you are holding, if the fundermental underneth your coin is solid, just ignore negative price actons!

[ChaoChibai]

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

Sure i'm panic when btc drop below than 6000$ (the end of june), i just sell all of my coins because i think market will bleeding more than that. Now, i'm very sad because that decision.

[jouns]

I think all newcomers know this well, only experience will help to get rid of such mistakes. All trading is based on the psychology and deception of people, earn those who have stronger nerves.

[Panteleymon]

I never make hasty conclusions and decisions. In most cases, this can save you from mistakes, but sometimes it’s just slowness in decision making that can lead to losses. Sometimes the most important is time. So I often suffered from slowness in decisions than from hasty ones.

[Senja Kemuning]

Yes, there were a lot of mistakes from me, I often bought very late because of this and lost money, now there were still a lot of mistakes not buying the coin correctly and again in the minus left but I think you need to be cold-blooded in the market

When panic then we cannot make good and profitable decisions, this is what makes the market difficult to recover so that we cannot get profits according with the purpose.

[thinkright]

It does happen once in a while. After getting screw I learn for my mistake. Recently I try to control my emotions as much as I can and I am excited about the outcome.

[clipman77]

Several times I also took wrong decisions when there was a panic on the market, but then I realized that I shouldn’t do that and after analyzing the mistakes made, my trading strategy was revised. Over time, everyone will have similar situations and have to look for a way out.

[Lintel]

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

Yes I did. When I was in panic I sold my holdings right away then after 5 days the price was so high that I regret selling my coins then next time I hold my coins because I don't want that to happen again and little did I know the market went down drastically so I lost almost 80% in my folio. So I think it is really good to think and study before selling your coins or don't just panic because this is crypto works everything is changing everyday.

[malah]

panic can occur when prices rise so we panic to buy immediately and can happen when prices go down and we panic to sell immediately, I have experienced both because I am a beginner in trading so I don't really understand about analyzing the market, I panic when prices rise and continue to rise so I immediately buy when prices are high because I think prices will continue to rise, but I'm wrong, the price then falls and I can only hold it at the time, while my experience in panic selling is when prices suddenly go down I panic and sell immediately because I'm afraid it will become more and more loss if I don't sell immediately, and once again I'm wrong because after I sell the price to rise again it's very high, so it's a lesson for me, in trading we have to be patient and calm, don't panic because that will only make us wrong in making decisions

[fammy]

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

Yes, I have ever take a very wrong decision once because I panic and that is when I saw that the bitcoin value bearish so deeply that gives me an idea to sell my hold bitcoin but after several days bitcoin price once pump and have a bull run. That is one of the very wrong I've ever made.

[erox]

Of course! I think everyone made mistakes when they were in a panic. Personally, I lost a lot of money selling when the price dropped.

[mejalipat]

I think, everyone must have experience of panic because everyone must have been a beginner, where as a beginner, of course they have to learn a lot and sometimes making mistakes and being panicked may be a natural thing but we have to learn afterwards that panic won't make things better it will even make us make mistakes and get worse

[Yshakov.v]

I recently sold tokens for $ 1000 during a panic. Now the price is $ 1,700. Very zadeyu. Two days later the price increased.

[daenarys_stormborn]

this must be a problem for almost everyone, when the market has decreased, surely people have the mind to sell in order to cut losses, and this also happened to me, I did it several times and finally regretted, because it turned out that the market condition returned

[WiiD]

When people come to the cryptocurrency market everyone does not have the right decisions, everything comes with experience, as in any other investment.