It happens every day due to human emotion which is inbuilt. Panicking will cause you loss and regret. I had MTC 3000 coins and there was this news that the coins is being dumped and i panicked and sold off my 3000MTC only for the coin to move from $0.035 to $0.45 within the next 3 weeks after i sold off.
But I guess it's not too much regret. Many thus lost tens of thousands. The most important thing is not to panic. And treat tokens as if you don't have them. You have nothing to sell. But when the price will suit you, sell. Set a clear goal, not a "get rich".
Topic: Decision in panic! - page 55. (Read 6005 times)
Have you ever take wrong decision when you were panic. share your experience
when i have bought ico coin lending, i got panicked, because the coin lending is a scam, my money is lost for being cheated, that's my experience
There are also many people who use the bitcoin when the price drops.Okay other crypto coins you can not really avoid panic and sell it at a cheap price because usually a coin falls short of it and will not increase again in the past price.
Therefore, it is necessary to choose good tokens. In whose survival you are 100% sure. The fact that they ever, but will return to the same price, that would not even go into the minus.
There are also many people who use the bitcoin when the price drops.Okay other crypto coins you can not really avoid panic and sell it at a cheap price because usually a coin falls short of it and will not increase again in the past price.
Have you ever take wrong decision when you were panic. share your experience
This thing will happen usually in this market. I think everyone when participate in this market has all experienced that feeling. With me, the begining time, I used to follow the price and it made me depend on it and felt panic when the market go down, so I bought at the top and sold at the bottom many times in panic
Have you ever take wrong decision when you were panic. share your experience
It's normal that we will encounter panic as we are dealing with money but we must control our emotions to decide it correctly. It happens every day due to human emotion which is inbuilt. Panicking will cause you loss and regret. I had MTC 3000 coins and there was this news that the coins is being dumped and i panicked and sold off my 3000MTC only for the coin to move from $0.035 to $0.45 within the next 3 weeks after i sold off.
But I guess it's not too much regret. Many thus lost tens of thousands. The most important thing is not to panic. And treat tokens as if you don't have them. You have nothing to sell. But when the price will suit you, sell. Set a clear goal, not a "get rich".
It happens every day due to human emotion which is inbuilt. Panicking will cause you loss and regret. I had MTC 3000 coins and there was this news that the coins is being dumped and i panicked and sold off my 3000MTC only for the coin to move from $0.035 to $0.45 within the next 3 weeks after i sold off.
Just as any newbie in this space, I have made some crucial mistakes when I was the "big boy" who was investing his money in various questionable projects and unstable coins. I joined P and D groups and lost money there (yeah, I was THAT stupid). It took me a while to understand that "I am not the most intelligent and experienced person here" and I knew that I should rethink my strategy. Well, I am still there and I even recovered a bit even during this period of last six months, so I am happy in general. And what should I advise to newbies? "Get your shit together and don't do things that I have done ". Like seriously, you are not going to make money without any kind of activity, it might be really difficult sometimes, but eventually, after many failures, you have a chance of being successful 
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". Like seriously, you are not going to make money without any kind of activity, it might be really difficult sometimes, but eventually, after many failures, you have a chance of being successful .
I really do panic a lot when I am about selling my coins. Not long ago, I got some coins from one campaign I participated and decided not to sell. I am always in the state of panic and fear thinking the price will not spike again as there is a great dip in the market price of the coin. This is a normal feeling from every hodler of tokens. Wish we get hold of this panic case.
I made the wrong decision about entering the cryptocurrency on their pump and a little sorry about it, but as I was able to buy a large amount on their day quickly came out in +.You shouldn't do anything on emotions.
For me, to keep clear of dumping stupidly many times demands a strategy plus a mindset of discipline that is achieved by extensive due diligence.
Have you ever take wrong decision when you were panic. share your experience
I have suffered many times. It was fomo, the market soared I was very panicked and I was selling, right after that I intended to buy it at a lower price but it rose very fast. Then I bought at a high price and since then the price started going down. That was my loss and now I'm scared to look at the chart
Have you ever take wrong decision when you were panic. share your experience
In panic time mostly we do mistake and i have learned from my panic period than left it and stop to sell anything. In trading when i feel panic situation then i left to sell my coins and felt to see the price of coins. Sometime we should left things on time.
Have you ever take wrong decision when you were panic. share your experience
I have made wrong decision because of panicking. I had an altcoin trader and sold my altcoin at a good price but this altcoin`s price continued to increase that is why I panicked and buy at higher price than the price I sold it, but what happened was the value of the altcoin suddenly go down and slowly dumping, I panicked again and sold my alt at low price and I waited for it to dump more to buy at lower but it did not go lower anymore. I made a wrong decision because of panic and end up having loss. A trader must not truly an emotional one.
Dont decision when you are in panic try to be bold and be straight to your decision.
To be honest, I did a lot of things wrong, and I sold all the TRX for $0.01. I regret it very much. Because all the COINS were going up, only TRX didn't go up, so I sold TRX.
The best solution during a panic is to take a break from business. Give yourself the maximum possible length of rest. I try to do this always.
When I bring money to invest, in my mind never have two words panic. Once I made the investment, I accepted what I did. Investing in this market that panic then I think will soon fail.
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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