Through some experiences I have had and ones from friends all around, I have actually come to the conclusion that panicking is actually a cankerworm that can destroy a whole lot of works been done for months or year.
One of my experience is selling off quickly a coin called cube which I got through bounty espionage. After selling off, few days later, this coin tripled up more than the ICO price. It was so painful, but the deed's already done. Hence, I have been taught a lesson not to be too hasty about things.
Topic: Decision in panic! - page 2. (Read 6005 times)
panic is something that is very difficult to avoid, everyone will feel it and we will be faced with various difficult conditions. Only good emotional control can make panic situations better.
Almost everyone in the industry has done that before. I can say that in one time or more, everyone has made a wrong decision in this industry as we all know that nothing can be predict in this space.
I wish I had panic last January I could have lots of money today while I could also buy the tokens I like wit the money, now I just have to hold for a long period of time before I can gain once again. So I promise myself to panic when prices of these coins sky rocket to its ATH so that I can brag I have profited and buy back. I wouldn't suffer this loss again, This bear market had cause me my life savings.
Experience is the best teacher. Panic in the world of trading is a natural thing. Like the question you shared my experience of panic sell, it was very sad when the price dropped dramatically, which caused us to fear loss and immediately sell it. But the next day the price went up (Pump). That might be my regret about panic. If you are a beginner, my advice is that you are patient for success.
Have you ever take wrong decision when you were panic. share your experience
So many investors as if holders are making decision so wrong because of panic maybe these are new people who dont actually know the nature of crypto market. They are actually afraid of losing money. But they dont know it is in the nature of crypto it is the matter of pumping and dumping or maybe in stable. But we all know that the price is volatile. 
Have you ever take wrong decision when you were panic. share your experience
So many investors as if holders are making decision so wrong because of panic maybe these are new people who dont actually know the nature of crypto market. They are actually afraid of losing money. But they dont know it is in the nature of crypto it is the matter of pumping and dumping or maybe in stable. But we all know that the price is volatile. 
I think each of us made the wrong decision when we panicked. Someone said that the panic on the contrary saved him and he lost a lot of money, but I think that this applies only to those people who withdrew their money after after the winter drawdown this year.
You do not have any reason to panic at all. 2018 was a hard year for everybody, but I am still hodling all me coins and do not panic. Because if you panic, you will make a false decision and lose a lot of money. Stay calm and hodl your savings till the next green months.
Have you ever take wrong decision when you were panic. share your experience
So many investors as if holders are making decision so wrong because of panic maybe these are new people who dont actually know the nature of crypto market. They are actually afraid of losing money. But they dont know it is in the nature of crypto it is the matter of pumping and dumping or maybe in stable. But we all know that the price is volatile.
I used to make the wrong decision when the price went down. The panic made me unable to think well, because panic with extraordinary circumstances made me wrong in making decisions, but I realized that something was wrong. We have to wait for the storm to finish if we want to become a rainbow
I have been thinking of investing money in coin project. Do you think it is a good idea or I should just continue trading cryptocurrencies? What is the main keys what I have to look on? I am making research by finding coin projects on rating agencies and listings. What should I also look on? Thank you in advance for your answers.
Have you ever take wrong decision when you were panic. share your experience
Hodling is always panic. You are scared that price may become higher so you afraid to sell and you are scared that price can go lower, so you are afraid to hold.
Have you ever take wrong decision when you were panic. share your experience
We all need to learn something good from such descisions and move on. If topic creator want to hear some great stories, he shoud visit blogs of people, who bought BTC for 13k per coin.
If you see a falling market, and suddenly the coin that you are holding is placed on the exchange, you do not need to immediately sell it. You need to wait 1-2 days, usually after this time, the price of coins rises partially, after a sharp fall on the first day of sales.
The whole market have been in panic for almost year, but some people are able to make profits, while others loose money only. Thus, it is not about panic, it is about person.
how people live and make decisions, everything is in their hands. if you use this opportunity well, it will definitely be profitable, but if you panic always worry that it will cause bad thoughts so you will make the wrong decision. patiently the key after that must calmly deal with it so you can think well and avoid losses. Have you ever take wrong decision when you were panic. share your experience
No, did not accept. Because this panic is bad. I learned this from my friends who played poker professionally. The main rule is that if you start to mess up, stand up from the computer and get some fresh air.
Mind must stay cold.
The whole market have been in panic for almost year, but some people are able to make profits, while others loose money only. Thus, it is not about panic, it is about person.
Of course there were experiences I think everyone who trade were sad moments, I had bitcoin I traded bought about 8 thousand and when he went down I sold it at 6100 then lost a lot of money and panicked very much
Have you ever take wrong decision when you were panic. share your experience
When the panic tries to catch me, I do not listen to it. Because every decision in panic will definitely make you to loose something. And when you will find out this fact, it will be the strong regret. So I have no such examples, lucky I am, but it does not mean that I am ideal. Of course, like other humans I have feelins and emotions, but I try to keep my heart hot and my mind to be cold, especially when it is the financial or crypto currency direction. No emotions, only analisys and logic.
Jump to: