Decision in panic! - page 19. | Bitcointalksearch.org

leea-1334

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Quote from: oper802 on September 09, 2018, 08:54:04 AM

All of us, who are in this industry, I think we've ever made a wrong decision. Because we are in an investment business, the price of the token is unstable. I felt panic when the price of the token that I bought decrease, then I decided to sell it. And you know what, the price rises high enough after that. OMG, I'll never do the same tactic again.

Wrong decisions and right ones are all down to the luck of the market,,, if we feel that these are all decisions based purely on price. But if we decide with good reason that we will try a trade to go in 1 direction, but if it stops losses us out when it goes in the opposite direction, this is not a wrong decision to me, but the right one.

Wrong decision to me means you change your mind about a trade and do it different from where you started. Not because of anything but emotion/panic/whatever.

So you can still make losses all the time but these are not wrong decisions!

oper802

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All of us, who are in this industry, I think we've ever made a wrong decision. Because we are in an investment business, the price of the token is unstable. I felt panic when the price of the token that I bought decrease, then I decided to sell it. And you know what, the price rises high enough after that. OMG, I'll never do the same tactic again.

fcklife

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there are many times that i panic sold that is why now i will not be afraid to hodl and take the risk. most of my decisions when i was new is based on my emotions but i am wrong. there are lots of factors to consider and emotion is not one of them. i have tried to read the sentiments of the market and now i am positive to hodl!

Ostonian

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The worst and rash decisions are made in a panic. Under the panic, a person does not control himself and does unnecessary and unreasonable deeds, after which they regret the work done.

boberpuper

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Of course I was very scared when I saw the market fall.And sold coins at a low price, sorry now very much about it .

Leftneck

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Quote from: Vjatri on May 24, 2018, 11:17:09 PM

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

Everyone if feeling frantic will rush to take a step without thinking first. and it's natural for everyone who has just begun trading and losing their own assets and choosing to sell them in a loss.
all of these are learning if in panic it is better to overcome them with positive thinking and strive to be calm.

actimelfortelun

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Of course I regretted using my token too much, causing my tokens to drop in value.

Bas01

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If we are already panicking to face the existing market, better leave the market for a while first. Because if we keep paying attention to the market we will become more panic and make our decisions go wrong. Wink

YMaverik

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no need to panic, now is an interesting time for the crypt and everything will be even more interesting. Just forget about it for a couple of years and everyone will be happy

Salala1

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Making panic decisions is one of the worst things I have wanted not to do again. Not long ago,i had some Altoinswhich could worth $500 now but I sold it doe just $20. Imagine this huge loss.

kimjenglot

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Quote from: PutuPartoHarjo on September 08, 2018, 10:18:44 PM

Quote from: Vjatri on May 24, 2018, 11:17:09 PM

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

Of course everyone has done it, especially when we trade. And maybe panic will make mistakes after mistakes, because our calculations will be based on emotions. So staying calm will make a big difference when the market changes quickly.

why do you have to panic, if the nature of crypto is always fluctuating like this, indeed the current decline is in a very large amount, but if the market can come back up again I think everything can be normal again

danwanyd

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When I first started, I made a hasty decision. Now that I'm a cryptocurrency veteran, I'm not going to panic because the market is down. I know the market always fluctuates and the price will increase with time.

nytstalker

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I never make decision when I panic because I know it's going to be a worst decision. Just calm down yourself and wait for the right time.

SuiMikira

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You must not make decision when you panic, it can hurt your money. Everytime you feel panic, turn off your computer, go out for a walk or a coffee.

Mary89

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Quote from: Vjatri on May 24, 2018, 11:17:09 PM

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

Of course, everyone is familiar with this feeling of panic fear and it is very unpleasant when you realize that you can lose everything, but without risk it is impossible, and therefore there is only one way out, it is to understand and accept as it is, just get used to and no longer react on every occasion.

MarchToke

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Quote from: Vjatri on May 24, 2018, 11:17:09 PM

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

Not yet because i have learned before to not decide when you're in panic. What i only encounter when i was in crypto is that i panic buy when the market is down while seeing my favorite coins plunged their price so deep. Let's always focus with what we are doing and never let your panic control your decision.

Zaidaskin

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Quote from: Vjatri on May 24, 2018, 11:17:09 PM

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

Maybe we have a real example now. When a famous coin is pumped very hard, the whole world market is faltering, and a lot of emotion is involved in making decisions. And we have paid more than 5% of corrected market capitalization in half an hour.

PutuPartoHarjo

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Quote from: Vjatri on May 24, 2018, 11:17:09 PM

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

Of course everyone has done it, especially when we trade. And maybe panic will make mistakes after mistakes, because our calculations will be based on emotions. So staying calm will make a big difference when the market changes quickly.

Btcjoglyn

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Quote from: Vjatri on May 24, 2018, 11:17:09 PM

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

Most of it , when you are in panic mode all of your decision is wrong because you can never think how it is and how will it be. Making decisions should be very sure. Your emotions should be calm and at ease to think it very will. This also applicable in cryptocurrency, don't decide where to invest or when to invest if your panic or not in good condition. If you do so it can lead you to wrong investment.

gucci belt

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Quote from: Vjatri on May 24, 2018, 11:17:09 PM

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

Some people benefit from the panic of others to make a profit. And I think that is everyone's weakness when making decisions in a panic.
And I think experience is very important in dealing with situations like this, because I think the pattern is quite simple, we just need to get used to it.

Topic: Decision in panic! - page 19. (Read 6005 times)