Have you ever take wrong decision when you were panic. share your experience
If you panic, then you better not make a decision, because while panic will make you confused in making decisions.
Topic: Decision in panic! - page 44. (Read 6021 times)
If you panic, then you better not make a decision, because while panic will make you confused in making decisions.
for us the sense of panic is also there to see prices fall, but I think that this bitcoin price reduction is only temporary, so I believe that bitcoin prices in the future will be higher. so we will also get many benefits.
Personally, I try not to panic, no matter what the situation is, therefore the solution under emotions will often be erroneous and not correct. For this, it is always necessary to think everything over and analyze everything.
My experience during trading i am the one that exprience panic silling my tips for you is dont sell if your profit is loss and control emotion and dont panic if the price is giong down it is a normal when the price is fallaing down and your key to succes is wait to pump a price.
No I have never taken any decision in panic especially when it comes to cryptocurrency. Patience is the key in crypto market. As crypto market is always volatile, its prices go up and down in cycle. So keep patience. But you need to have tricks alongside patience. Only then you can play in the crypto market.
panic can ruin everything you have build, so , please, be careful with your emotions and with your actions Have you ever take wrong decision when you were panic. share your experience
panicwill never help you , so please, learn to control your emotions, this willnhekp you in the crypricurrency world
No I have never taken any decision in panic especially when it comes to cryptocurrency. Patience is the key in crypto market. As crypto market is always volatile, its prices go up and down in cycle. So keep patience. But you need to have tricks alongside patience. Only then you can play in the crypto market.
If someone in the crypto market makes a decision in panic mode than he has invested more than he could afford to lose. If you have trust in the project of the coin you are invested in then there is nothing that you should get panicked over and especially you shouldn't panic over its price.
Have you ever take wrong decision when you were panic. share your experience
I don’t think that we can depend of our emotions. Otherwise we must avoid emotions at the time of making business deals. Cryptocurrencies require concentration and power to conquer stress sometimes.
Almost always, when I was panicked, I have made the wrong decisions. For example, I saw that the price began to grow on one of my coins. I decided to sell it. But the next day she grew even bigger. And then more. It seemed to me then that this could happen only with me. But I see that many people have similar incidents.
Once I made a hasty decision and sold good tokens on the fall, a few weeks later they grew several times. So it will be a lesson for me
When making decisions, one should always remain rational, avoiding haste and panic in making decisions. It is panic that often causes the main losses.
The main rule is never to make serious decisions in a state of panic. It is necessary to calm down and carefully think through a specific question.
Yes, I already faced such a situation. I was told that this coin is a fraud, so I immediately sold it. And literally in an hour its cost has increased rapidly.
I have never really done something I regretted as a result of panicking, maybe because I have always had people around who I discussed my Crypto experiences with and we just talk and shake it off when the market isn't going in our favour. Most people tend to panic and then sell when the market is spitting blood because they get scared that the prices will go further down, not knowing that when they do that, it causes a further dip in the market, and they will only lose out of the greens when it finally comes.
It's good that you have with whom you can consult and not take rash hasty decisions. In any case, you can always discuss the issue on this forum, and get useful answers and recommendations to make less mistakes.
Yes, I often made such decisions before. Especially at a time when I was a beginner and did not understand the full scale of the crypto currency. Very often I sold all my bitcoins during the market crash. It seemed to me that bitcoin would never recover and I tried to save at least some money. I hope I've become a little bit smarter from that moment))
Have you ever take wrong decision when you were panic. share your experience
I got the first coin in early January this year. It used to cost $ 2000. But I think to hold it until the end of the year. But soon the price went down drastically until now it did not go up. At that time I was very panicked, the price drops so sharply that my coins are worthless. I have never really done something I regretted as a result of panicking, maybe because I have always had people around who I discussed my Crypto experiences with and we just talk and shake it off when the market isn't going in our favour. Most people tend to panic and then sell when the market is spitting blood because they get scared that the prices will go further down, not knowing that when they do that, it causes a further dip in the market, and they will only lose out of the greens when it finally comes.
It's good that you have with whom you can consult and not take rash hasty decisions. In any case, you can always discuss the issue on this forum, and get useful answers and recommendations to make less mistakes.
I have never really done something I regretted as a result of panicking, maybe because I have always had people around who I discussed my Crypto experiences with and we just talk and shake it off when the market isn't going in our favour. Most people tend to panic and then sell when the market is spitting blood because they get scared that the prices will go further down, not knowing that when they do that, it causes a further dip in the market, and they will only lose out of the greens when it finally comes.
Everyone comes in panic when market made a sudden big drop but i never make any wrong decision in panic because i know that panic always do wrong decisions which we want to regret after some time.
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