Topic: Decision in panic! - page 14. (Read 5988 times)
In fact, many participants of the crypto market faced this situation in their work. After a period of a sharp drop in prices and the loss of their money, it is really difficult to cope with their emotions. But I'm sure - you need to be patient and cope with emotions to make the right decision.
In fact, most people only know about bitcoin, considering it almost the leader among the crypto currency, but there are other coins worth knowing about and worth exploring. For example, Ethereum differs in excellent indicators and can give a good income.
This is when emotions take the place of reason in trading, sometimes it could be a good escape but sometimes when I have exited a trade out of panic have always come back to regret it. The idea is as long as one is sure of his TA and market movement, sometimes a little patience is good, applying a stop loss in the market negative is also wise
Probably by experience you already understood that all decisions that are taken in panic situations are in most cases not correct and can not be considered correct, since you are under the influence of panic, and this does not stop thinking properly.
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.
It makes the deepest memories for you in my opinion because you sell the price of Bitcoin cheaply and prices go up a few days later.
Decisions taken in panic always lead to bad decisions, so it is always advised to take decisions when you are in good mood, and the main thing to keep in mind is keep your emotions away while taking some major decisions, otherwise these decisions would further lead to a big realisation.
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.
Ahahaha. Recently I read a very different subject. What good is panic? It also leads to rash sales and losses that you could avoid.
in panic we can be affected and eventually sell when market conditions are bad. it's better if you panic calm your mind so you can think, panic just makes him lose. If you panic, the most important thing is that you still hold your coin and survive in this condition, be patient until the price is stable and always optimistic that the future will be fine. Everyone has made a mistake when they panic in the crypto market conditions continue to fall, and I personally sold crypto assets below the purchase price and made me lose a lot of capital at that time and from that incident made me continue to struggle so as not to experience the same thing.
In the period of the fall of the market, it is best to take a break in trading. It must be understood that the fall is temporary and that after it growth will necessarily follow. Do not panic, you must wait.
Ahahaha. Recently I read a very different subject. What good is panic? It also leads to rash sales and losses that you could avoid.
Yes, of course 
When I sold my BTC in panic on the huge red candle (it was some bad news about hardfork) and in a few seconds BTC price rised back again. It was a good lesson for me.
When I sold my BTC in panic on the huge red candle (it was some bad news about hardfork) and in a few seconds BTC price rised back again. It was a good lesson for me.
I too have experienced the panic selling and this caused due to price BTC has decreased. And then I was forced to sell it and I suffered losses. And after a while, the price of BTC back rise higher. Of course, I was disappointed with the sales of the coins are in a panic. And this became my experience.
In my own experience is this, it is something that happen to me everyday when I look at the market, Either FOMO or Fear of the Unknown. But however I have been able to contain the situation. The long term investment mindset won't let me sell even if the price is going down and down.
I agree, I also panicked a lot, now I try to treat the market more coldly , and the Bo market is waiting for us to sell in a panic, I think now we need to expect when there will be a bullish market, we have all the same experienced almost a bearish trend and sell I would not advise
While inexperienced, I made many wrong decisions with panic. but then I learned something very important. we need to act contrary to our feelings. if we are afraid, that means they want us to be afraid. if we think very well they want us to think well. That's why the trading boots are senseless.
The fact is that the negative mood has never positively influenced the business. Therefore, any bad emotions need to be thrown out, or during this period nothing to do. 
While inexperienced, I made many wrong decisions with panic. but then I learned something very important. we need to act contrary to our feelings. if we are afraid, that means they want us to be afraid. if we think very well they want us to think well. That's why the trading boots are senseless.
I made the wrong decisions and it was a lesson for me for the future. When I was only interested in cryptocurrencies the market was going up very quickly and I decided to buy some coins. I won in price, but after the new year I decided to wait and see what would happen and it cost me money.
I think because crypto market is volatile and unpredictable, we can't tell that we made a wrong decision until we came up with other situation which is the bearest market now. So if we have buy from the green day then we should have not to panic that the market was never be good again just wait for the right time and you will see the profit you have ever wait.
I made the wrong decisions and it was a lesson for me for the future. When I was only interested in cryptocurrencies the market was going up very quickly and I decided to buy some coins. I won in price, but after the new year I decided to wait and see what would happen and it cost me money.
In my opinion, the most wise decision in case of panic is not taking hasty decisions and waiting for the recovery of the situation.
I also read at the forum that I should wait and have patience all the time, as a result, many coins fell heavily in price, and now I just have to wait ... I regret that I did not immediately sell it ..
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