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Topic: Decision in panic! - page 42. (Read 5988 times)

full member
Activity: 753
Merit: 100
July 17, 2018, 06:56:49 AM
I do not see the point of panic at all. I think that many people sell their coins because of the time of year because of this the prices are falling. I think everything stabilizes by the winter

I wonder how you determine for what reason people sell their coins??? In any case, the market is affected by many factors, and when the market is restored no one knows.
member
Activity: 434
Merit: 10
July 17, 2018, 06:56:04 AM
Once I noticed that the market goes down I sold my MTC tokens for 0.08$ per MTC, after 2 weeks the highest price was 0.40$ per MTC (x5) so I lost around 1500$ by selling it earlier
newbie
Activity: 39
Merit: 0
July 17, 2018, 06:50:42 AM
I dis not yet experienced it here in crypto anyway in true frenzy isn't great time to choose. When you are in freeze minute your reasoning is the thing that will be will be or regardless of what happen I will acknowledge in light of the fact that I can't do anything or I do this no make a difference imagine a scenario in which I kick the bucket I passed on if not then let it be. Irvine not fitting to choose in the event that you are in freeze perhaps you will most presumably lose everything.
member
Activity: 266
Merit: 11
July 16, 2018, 09:54:32 PM
I do not see the point of panic at all. I think that many people sell their coins because of the time of year because of this the prices are falling. I think everything stabilizes by the winter
newbie
Activity: 165
Merit: 0
July 16, 2018, 09:44:54 PM
I want to say, if lately, I can be patient and not panic because all my altcoin is everything as I expected, but I never experience any panic when my friends say if altcoin I hold is Shitcoin, I think that's them just want to frighten me, but if that happens I must be ready to deal with it patiently and smiling.
copper member
Activity: 210
Merit: 1
July 16, 2018, 09:33:59 PM
Have you ever take wrong decision when you were panic. share your experience

Not yet experience in crypto, but in general panic is always the cause of being making wrong move and in appropriate action the make other people in trouble or your even trouble to your own self. If we relate this kind of behavior in crypto I say you will not exist  because crypto is need to be serious and to be prepared specificalky during fiat matters.
newbie
Activity: 57
Merit: 0
July 16, 2018, 09:19:47 PM
Have you ever take wrong decision when you were panic. share your experience


Yes, just hours ago, it was impatient and sold some bitcoin. As you all know it popped right after, sigh.

Honestly making decisions in panic is liking doing groceries when you are hungry. You don't even control what you are doing anymore.
member
Activity: 112
Merit: 10
July 16, 2018, 09:15:38 PM
selection in panic is a common mistake this is characteristic particularly of newbies. With experience, every folks starts to remember the fact that after decrease, there might be an growth, and so it happens cyclically. i'm certain that quickly the decline in the cryptocurrency market will quit and will begin new length of its upward thrust.
newbie
Activity: 72
Merit: 0
July 15, 2018, 11:45:39 PM
Obviously everybody consistently being alarm mode, when you simply begin, don't have a clue about the circumstance and all of a sudden you heard the terrible news then you will be think to counteract more lost, and you can offer without deduction any longer, when you just apprentice you has a tendency to committed that error since regardless you don't know where to locate the solid wellspring of data despite everything you don't have any involvement to manage the sudden circumstance
sr. member
Activity: 938
Merit: 251
July 15, 2018, 10:55:56 AM
Panic moment is unavoidable if you trade cryptocurrency on a continuous basis! Many times with the uncertainty and turbulence that is experienced on daily badis, you may have to second guess your decision constantly and that could lead to panic and irrational decision!
member
Activity: 215
Merit: 10
July 15, 2018, 10:49:23 AM
When NXT makes an ignis airdrop project. Where I am including people affected by FOMO. I buy at a high price. And then my ignis is just like dirt.
member
Activity: 154
Merit: 10
July 15, 2018, 10:46:40 AM
The very last thing, I think, is to solve something in a panic state. Panic does not lead people to success at all. And even in this state to resolve issues. It's a collapse, a business started.
jr. member
Activity: 210
Merit: 1
July 15, 2018, 10:37:33 AM
if I think when someone will make some unreasonable decisions when they panic, but I have never experienced any panic in my decision here, May I be constant with my feelings. I believe in the crypto world and I know if there will be a decline in the value of coins there will also be an increase.
full member
Activity: 253
Merit: 100
July 15, 2018, 10:36:08 AM
I made a few wrong decisions is sell all, then a while, the market began to grow again, I felt very regret for that decision. At that time, I was a newbie in the cryptocurrency market, everything was unfamiliar to me. At the moment, I have had a bit of experience after experiencing a lot of difficulties.

To be able to survive longer in this market I think patience is a very important factor, we should not be too panicked, should be calm in every situation.
jr. member
Activity: 238
Merit: 1
July 15, 2018, 10:32:53 AM
if I think when we feel panic, then of course there will be no thought that I should immediately sell before more damage to the future, because any panic or hasty decision will never be the best, because the analysis it's really not often done about the situation and I think bad market news can make people take decisions in the panic that they will regret later.
jr. member
Activity: 573
Merit: 1
July 15, 2018, 10:27:20 AM
sure, i was trading on Binance, i entered a trade around FEb, bought  some ripples, immediately after buying, the coin price went upto 20% lower that the rate i bought , i managed to hold it for a few weeks, then the  price started picking up , out of panic i sold when i saw about  3% profit for fear of the price going  down  again, unfortunately for me the following day i woke up to see the coin at about 80% high. it was not funny at all.
hero member
Activity: 596
Merit: 500
July 15, 2018, 10:08:41 AM
 you can never make a decision In a panic, This is the first rule of any investor.so  you should always remember that if you are worried or you are just tired, it is best not to make decisions on encrypted currencies or financial markets.
jr. member
Activity: 135
Merit: 1
July 15, 2018, 10:07:01 AM
Yes, it really happened. When I was engaged in trading in the Forex market and knew nothing about the influence of emotions on trade, I many times panicked and lost money. Do not put too much at stake, then you will not panic.
member
Activity: 448
Merit: 12
July 15, 2018, 10:03:07 AM
This reminds me of the time i just started in this space. There were some decisions i made amidst uncertainties that lead to loss of fund, loss of opportunities and waste of time.
I were times, most especially on two different occasions that i can remember, i thought those coins had reached their ATH, not knowing that they would pump more.
I also missed buying some coins at the right time due to fear.
full member
Activity: 518
Merit: 101
July 15, 2018, 09:56:05 AM
Have you ever take wrong decision when you were panic. share your experience

When I first started investing in crypto currency I sold the coins for nothing in a panic. The whole market began to blush and I thought that I could lose all the money, but after a while the prices went up.
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