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Topic: Decision in panic! - page 20. (Read 5988 times)

newbie
Activity: 75
Merit: 0
September 08, 2018, 10:27:03 PM
Obviously. Frenzy regularly happens exceptionally noteworthy cost changes, either increment or abatement. I frequently terrified and delayed when costs started to increment, at times I offer it too quick when the cost is as yet rising. At last I buyback, some of the time the more gainful, some of the time even lose cash. So we should be astute and constantly appreciative, don't be avaricious.
newbie
Activity: 119
Merit: 0
September 07, 2018, 09:43:14 AM
Indeed, I had taken a choice in freeze. I sold my holding when the costs we tumbling down intensely. I expected that it may fall all the more so I sold it out of frenzy. However, after that the cost of that digital currency ascended high and in the event that I had not sold my venture I would have earned 10k USD. I figure freeze offering is something which numerous or all financial specialists encounter once. This is a typical affair however this has instructed me how to have some tolerance and act sagaciously.
newbie
Activity: 31
Merit: 0
September 07, 2018, 05:56:43 AM
i think that if you understand how this market works, then you don't have to panic about anything at all. It's a risky market, but you have to live with it.
jr. member
Activity: 95
Merit: 1
September 07, 2018, 05:51:57 AM
Yeah I will tell you about my experience in making decisions when I experienced panic. So at that time I was panicking because I saw the price fluctuations of the crypto currency coins that I had and the urgent need I needed money. In this panic, I sold my crypto currency coins and two days later I saw that the price of my coins on the market had doubled. But what is the power because I already sold my coins two days ago so I have to accept the fact that I only made a profit in that amount. I should be more patient and not panic so I can analyze the price in the future correctly.
newbie
Activity: 24
Merit: 0
September 07, 2018, 05:47:20 AM
Have you ever take wrong decision when you were panic. share your experience
Has determined to enter this market, the psychology must be firm! Just a message outside the stream also makes them wrong hands! I have also had many times when I started participating in the market and I advise you to be ready, it is hard to avoid!
newbie
Activity: 82
Merit: 0
September 07, 2018, 05:43:52 AM
I lost a lot because of the panic. Especially when I traded for the first time .  Decision-making is in a panic, and it could end in death .
newbie
Activity: 40
Merit: 0
September 07, 2018, 04:28:05 AM
When I started investing in crypto currency, I often made stupid decisions that would lead me to a panic. Earlier I was afraid of the market drop by 10-15%, but now I'm taking it easy)
full member
Activity: 322
Merit: 100
September 07, 2018, 04:22:43 AM
Most of the time when I see market continously dropping down I panic, but this not mean that I panic selling. Infact I always think of the future and always decide to hold and patiently wait.
full member
Activity: 378
Merit: 100
September 07, 2018, 04:22:10 AM
Once I saw the fall of the Kora token during the first days of going public and sold my tokens. After that, after 1 week, tokens began to cost twice as much. Panic did not make me a good deal.
full member
Activity: 350
Merit: 100
September 07, 2018, 04:19:39 AM
Sure, and not only in panic Smiley
I am lazy person, I'm admitting it. And most of the people as lazy as me or even more. Because of that, a lot of actions are taken not from a position of a balanced and well thought decision, but impulsively by giving in to emotions. With some of these actions I was lucky, but most of them weren't good.
Now I am trying to spend more effort to analyze the situation first and only then take appropriate actions. But still, my laziness quite often takes control over me Smiley
newbie
Activity: 98
Merit: 0
September 07, 2018, 03:28:04 AM
panic arose when we lacked knowledge about the world of cryptocurrency especially regarding trading, when I first joined the trading I was panicked when the $ 100 deposit bought ethereum, a few weeks later drastically dropped but I still waited to hold, finally walked one month the price went up then it could profit
newbie
Activity: 71
Merit: 0
September 07, 2018, 03:08:32 AM
Definitely we all have. Selling coins this minute and the next minute they are pumped. Hydro for example. but the thing is , we learn from these mistakes and it helps build as as better decision makers when it comes to things crypto currency.
newbie
Activity: 210
Merit: 0
September 07, 2018, 03:05:21 AM
Panic is not good for us because decisions are made when panic then the decision makes us regret the next day.
I think we should always be calm.
I have experience that when the price of a coin has decreased in price and a lot of it goes down I make a decision because I feel panicked I sell all my coins.
Then after a few days, my coin rose so high and I felt very sorry at that time.
sr. member
Activity: 644
Merit: 255
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September 07, 2018, 03:03:13 AM
Panic selling is for noobs, before i was like that but now i can control my emotions. Panic sellers is traders that is watching the chart everytime.. Roll Eyes Roll Eyes

For lack of patience the panic selling always occur. But for me before I choose to enter in this cryptocurrency I remind my self that it is normal to experience ups and downs.  Part of the bitcoin is fluctuation of the value so if I were you,  dont make any decision out of panic because it will never produce a positive result.

If the thread of our business is not on top we can take a break,  divert your attention on other things and wait til the market come back to its normal price and pump gain.
member
Activity: 532
Merit: 10
September 07, 2018, 02:57:18 AM
Have you ever take wrong decision when you were panic. share your experience
I never had such a decision. Because I have read a lot of books about smart investing and I think I have the ability to resist many losses. I usually make the sale orders are anti-losses reasonable and I never get much risk.
full member
Activity: 462
Merit: 114
September 07, 2018, 02:55:40 AM
Yes, I lost money many times because of lack of patience. Now I just try to take my mind off the market at the time of the fall, I take it as a vacation or a weekend and spend time with my family.
full member
Activity: 812
Merit: 106
September 07, 2018, 02:45:09 AM
I have not panicked for a long time and have reconciled to the idea that I can lose all the savings in the cryptocurrency. Venture investment is a big risk.
newbie
Activity: 266
Merit: 0
September 07, 2018, 02:41:38 AM
Panic selling is for noobs, before i was like that but now i can control my emotions. Panic sellers is traders that is watching the chart everytime.. Roll Eyes Roll Eyes
full member
Activity: 336
Merit: 100
September 07, 2018, 01:20:08 AM
I do not panic when there is a correction in the market. I just keep the coins because I know that the market will soon recover and will go up and then the profit is waiting for me. Grin

If everybody would have the same strong nerves as you have, the market should not fall so critical. When the investors and traders start selling their cryptos, the prices of BTC and alts are falling.
newbie
Activity: 26
Merit: 0
September 07, 2018, 12:34:25 AM
Yeah i do these days when ETH marketplace rate fall that tons. I never concept that a market charge like now for ETH would fall past 300 USD. As i had take a look at before on those essential fluctuations ETH marketplace price does not fall under 300 USD and that changed into the time I do panic as a result i decided to sell my ETH holdings.
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