Topic: Decision in panic! - page 5. (Read 6005 times)
You can not make decisions in a panic. Often, such decisions lead to large losses. I think an investor should always be calm and have a cold mind.
You mean panic sell?
Yes recently I was sold my tokens for $550 because I'm panic when I see the market is down.
And if I'm sell now I get $1200, I'm very sad now.
Selling ETH at $ 500 is a blessing, I've been holding ETH since $ 1000, and now it's worth $ 200, which is a huge loss for me. I will never dare to buy this coin anymore Yes recently I was sold my tokens for $550 because I'm panic when I see the market is down.
And if I'm sell now I get $1200, I'm very sad now.
Yes, I myself sometimes panic , but I think the market should not be this and we must endure when the market turns
You mean panic sell?
Yes recently I was sold my tokens for $550 because I'm panic when I see the market is down.
And if I'm sell now I get $1200, I'm very sad now.
Yes recently I was sold my tokens for $550 because I'm panic when I see the market is down.
And if I'm sell now I get $1200, I'm very sad now.
Making decisions all the same would be best for a cold head, because in any other case it will not be normal, since panic or fear or greed in any case will not bring anything good that has been tested many times.
There is a problem when many people come up with the same idea that either myself or anyone else will be influenced more or less by that information. If too much information makes me feel what they say will happen
for us, our panic decision also exists, but I don't think we need to panic, because we believe that the price of bitcoin will soon increase again in the near future, because seeing the current market price also starts to rise again, so I'm sure in the next few days prices will rise again.
When people come to the cryptocurrency market everyone does not have the right decisions, everything comes with experience, as in any other investment.
this must be a problem for almost everyone, when the market has decreased, surely people have the mind to sell in order to cut losses, and this also happened to me, I did it several times and finally regretted, because it turned out that the market condition returned
I recently sold tokens for $ 1000 during a panic. Now the price is $ 1,700. Very zadeyu. Two days later the price increased.
I think, everyone must have experience of panic because everyone must have been a beginner, where as a beginner, of course they have to learn a lot and sometimes making mistakes and being panicked may be a natural thing but we have to learn afterwards that panic won't make things better it will even make us make mistakes and get worse
Of course! I think everyone made mistakes when they were in a panic. Personally, I lost a lot of money selling when the price dropped.
Have you ever take wrong decision when you were panic. share your experience
Yes, I have ever take a very wrong decision once because I panic and that is when I saw that the bitcoin value bearish so deeply that gives me an idea to sell my hold bitcoin but after several days bitcoin price once pump and have a bull run. That is one of the very wrong I've ever made.
panic can occur when prices rise so we panic to buy immediately and can happen when prices go down and we panic to sell immediately, I have experienced both because I am a beginner in trading so I don't really understand about analyzing the market, I panic when prices rise and continue to rise so I immediately buy when prices are high because I think prices will continue to rise, but I'm wrong, the price then falls and I can only hold it at the time, while my experience in panic selling is when prices suddenly go down I panic and sell immediately because I'm afraid it will become more and more loss if I don't sell immediately, and once again I'm wrong because after I sell the price to rise again it's very high, so it's a lesson for me, in trading we have to be patient and calm, don't panic because that will only make us wrong in making decisions
Have you ever take wrong decision when you were panic. share your experience
Yes I did. When I was in panic I sold my holdings right away then after 5 days the price was so high that I regret selling my coins then next time I hold my coins because I don't want that to happen again and little did I know the market went down drastically so I lost almost 80% in my folio. So I think it is really good to think and study before selling your coins or don't just panic because this is crypto works everything is changing everyday.
Several times I also took wrong decisions when there was a panic on the market, but then I realized that I shouldn’t do that and after analyzing the mistakes made, my trading strategy was revised. Over time, everyone will have similar situations and have to look for a way out.
It does happen once in a while. After getting screw I learn for my mistake. Recently I try to control my emotions as much as I can and I am excited about the outcome.
Yes, there were a lot of mistakes from me, I often bought very late because of this and lost money, now there were still a lot of mistakes not buying the coin correctly and again in the minus left but I think you need to be cold-blooded in the market
When panic then we cannot make good and profitable decisions, this is what makes the market difficult to recover so that we cannot get profits according with the purpose.
I never make hasty conclusions and decisions. In most cases, this can save you from mistakes, but sometimes it’s just slowness in decision making that can lead to losses. Sometimes the most important is time. So I often suffered from slowness in decisions than from hasty ones.
I think all newcomers know this well, only experience will help to get rid of such mistakes. All trading is based on the psychology and deception of people, earn those who have stronger nerves.
Have you ever take wrong decision when you were panic. share your experience
Sure i'm panic when btc drop below than 6000$ (the end of june), i just sell all of my coins because i think market will bleeding more than that. Now, i'm very sad because that decision. Jump to: