Topic: Decision in panic! - page 26. (Read 6020 times)
So far iam never panic when the price keep going down because i always using stop loss so my open potition automatcly close when the price going down. My mistake in trading is less patient when buy any coin to get best price, sometimes i was panic buy when the price pumping and with stop loss i can reduce the risk incase the price reversal.
Have you ever take wrong decision when you were panic. share your experience
Panic is bad. 70% of success in trading is due to emotion control. Technique, education and skills are all secondary. If you start to panic, you do, then what then regret
All of us made wrong decisions being in hurry. When I was new in crypto and started trading and was not
used to price volatility of this market were doing some silly panic sellings I have regretted later.
used to price volatility of this market were doing some silly panic sellings I have regretted later.
Always. I have this tendency of making bad decisions whenever i panic and i usually panic alot. So doing the simple maths you can guess that i make alot of panic based decisions, and i have fked my life because of my bad decisions.
Have you ever take wrong decision when you were panic. share your experience
Yes I have panic experience, it is the most stupid thing to do is work, when you are in panic. You could lose everything in panic trading, you start to get addicted to wrong decision making and losing your money! Best thing to do is to stop working and leave it where it is, come back to the problem (minus positions) in one or even two weeks, you should always control your mind! I have lost 3000 dollars, because of panic trading 
decisions made in a panic or rush is never the best because the right analysis is not often done about the situation and I think bad market news can make people take a decision in a panic which they will later regret it. Decisions made in a panic are not the best at all and can make you lose a lot of money
I ever. the first time I trade. for me, seeing the prices go down so fast that is very panic. and I immediately sold my coins. a week later, the price of the coin rose beyond my expectations. and I really regret that.
Have you ever take wrong decision when you were panic. share your experience
I ended up like an idiot, it was my newbie trading and with the panic i made to myself i did buy high sell low.
this is not a good start, i feel frustrated, But that serve as a lesson to me.
i read many post on how to make a good trade and i learn alot. now i think i am good but not a pro.
Have you ever take wrong decision when you were panic. share your experience
I ended up like an idiot, it was my newbie trading and with the panic i made to myself i did buy high sell low.
this is not a good start, i feel frustrated, But that serve as a lesson to me.
i read many post on how to make a good trade and i learn alot. now i think i am good but not a pro.
The biggest trouble you can bring your own in the crypto market is trading with panic. Any mistakes made at this point will come back to you as harm. But if you make reasonable decisions and trade without haste, you will get the success.
Each merchant should confront crash of market. However, some of them are truly accept on cryoto market despite everything they hold their coins. In any case, some of them getting frenzy and they need offer out their coin at loss.I don't care for this choice, I genuinely trust that market will begin moving. That is the reason I didn't get freeze on my exchanging.
Of course, I once made the wrong decision by selling in panic. Finally, the profit I got was not much, I had regretted it, but then I thought again, why I regret it, and make this lesson for the future not to repeat. It is a message for me personally to be more patient in this market.
Have you ever take wrong decision when you were panic. share your experience
of course, because I'm also a human. until now after years of joining Crypto, I was still hit by panic attacks. but now it's better, because I'm too panicked, I've sold all of my tokens and coins at really cheap prices. and after that I was very sorry for selling everything. what I have done? oh hell.
If you want to lose money, make your decisions when you are emotionally unstable. It should be avoided because it clouds your sense of sound judgements.emotions and trading do not mix well
making a decision in a panic situation is not good way, even it is the worst. And it has ever happened to me when I was trading. I lost much profit.
for the beginners, it usually happened since they are panic with the price of the market. it is like a trap whether you can pass it easily or vice versa.
Have you ever take wrong decision when you were panic. share your experience
Yes of course! I have repeatedly made my mistakes and made me panic and anxious. When entering the e-money market, what is the purpose of me is to make a lot of money. I bought the coins and waited for high prices. Last year I did not sell the bitcoin when the high price is now heavy losses. 
Obviously I would have made the wrong decision when I made the decision in a panic. In a state of panic, the decision that I considered right turned out to be wrong. I suggest that when you become a victim of panic, you should not take any decision. You should calm yourself until your psychological condition is stable. After you are calm then you can think clearly to make the right decision. Other than that you can ask for consideration of the person you trust so that you don't make the wrong decision. This consideration is necessary so that you are more confident in the decisions that you will take. However you must ask for consideration from someone who is more experienced and professional than you.
Panic in the market there are two things that panic first when prices fall and the second panic when prices go up, so a good attitude in responding to panic is only by analyzing with various sources for example if prices go up either prices rise because of development projects or something that makes high prices for example Hardfork and pumping from the community, it is best to sell quickly when prices are high because if we keep quiet then it will be a loss.
and if you panic when prices go down, of course we will re-analyze why prices can go down if because of the decreasing BTC prices and the impact on the coins we have, it is best to hold the coins and prepare more funds to buy at the lowest price.
If you want to lose money, make your decisions when you are emotionally unstable. It should be avoided because it clouds your sense of sound judgements.emotions and trading do not mix well
When a situation of heart and mind is panic due to seeing the development of the crypto market that continues to decline often results in inappropriate decisions and then brings regret. Many experienced by beginners because their knowledge is still minimal to crypto. They are too fast in making decisions because of their fear of crypto that cannot grow anymore. In addition, they are also in the wrong position by being on a coin that cannot develop properly and continues to decline. In investing, choose a coin that is at least in the top 50 coins.
Yes, there were several times when I panicked and made the wrong decisions.
At the very beginning of my first trading on the stock exchange, I made a lot of mistakes. I did not understand how the market works and I was just interested
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