Have you ever take wrong decision when you were panic. share your experience
Yes’s ofcourse I already experience this very wrong move and decisions, I lost a lot of money yes because trading but when time comes that I already learned it’s very true that “patience is a virtue”. 
Topic: Decision in panic! - page 56. (Read 6005 times)
Yes, when the market falls sharply, it is easy to cause panic. The consequences are wrong judgments and operations. This will bring serious losses. In fact, there is no experience and I will save when the market falls. My own coin, after a long wait, in which I will travel, read books, do other things, not to check the price every day
Have you ever take wrong decision when you were panic. share your experience
I often make decisions when I panic, when the crypto that I bought his price decreased I immediately panicked and sold it, so I lost a lot while trading
Have you ever take wrong decision when you were panic. share your experience
I often make decisions when I panic, when the crypto that I bought his price decreased I immediately panicked and sold it, so I lost a lot while trading
maybe everyone has experienced a panic when the price of coins they buy has decreased so they make the wrong decision.
If u decision while in panic u can regret your decision when u calm down there is an possiblity that u will loss your budget.
Panic is the worst enemy of traders and panicking comes as a result of uncontrolled emotion and greed. You do not react to news of the market by panicking otherwise you will make mistake and when a mistake is done then loss follows. I once lost my fund through panic and i have to refund the account to start trading again.
Have you ever take wrong decision when you were panic. share your experience
panic for? selling? buying? what do you mean by wrong decision, be more specific.if you are talking about selling an altcoin due to panicking, I do have that kind of experience before. when I was a newbie.
the most important thing with the passage of time our experience will be more and more and surely we are not easy to panic
Have you ever take wrong decision when you were panic. share your experience
panic for? selling? buying? what do you mean by wrong decision, be more specific.if you are talking about selling an altcoin due to panicking, I do have that kind of experience before. when I was a newbie.
Have you ever take wrong decision when you were panic. share your experience
No I did not experience and before entering crypto market i already anticipate that sometime fall down may happened in our investment what i was doing when times like this happen is to hold and wait for the market to recover.
In my view, desist from bartering with panic mostly involves a procedure plus a mindset of personal strength that is built upon profound groundwork.
I think every one of us present here can share the similar experience as mine, but in April 2018 I had many of alternative cryptocurrencies, and seeing all the prices falling I`ve sold many of good perspective coins for BTC.
I try to control my actions and not panic when making important decisions. We must believe that everything will be fine. The state of panic does not guarantee success.
While in panic, we cannot get rid of the loss if we are with plans to sell. If we need to recover from loss or earn back the missed profit only way is to hold without any time target.
I doubt you will get any personal experiences here because panic is a part of human nature and with the volatility of crypto, hard to enumerate the number of such incidents, except that you learn to deal with it eventually.
Panic selling is not good for an investors to adopt during the time when market is dropping. Some traders do this Panic Selling to cut losses from their investment, some are just a reaction from the down stream movement of the market. This decision is either good for traders since they only into trading for short time, some hourly trading. Yet, Panic Decision is never good to make because the possible result of wrong decision given a instant reaction to a situation in the trading market.
This ever happened to me way back in March when Ithought the market was down and that crypto was dying so I withdrew all my money. Then in April, the market started booming and things went up so much and I really regretted. U have told myself never to make that mistake again. I'm still here in the dip because I trust in crypto.
Have you ever take wrong decision when you were panic. share your experience
I made a lot of mistakes since i started trading, mainly coz I panic. I used to sell coins when i see it dropping or when i see bitcoin price dropping. I learned that you always have to stay calm and collected so you can think better and do what's best for your trades.
I've had cases where I've panicked and done things that I shouldn't have done, but I've learned from that, and now I'm being more careful. Be patient with respect to trade and don't trust anyone creeme yourself!
In case of panic , just remember one qoute , patience is the key to success. So just have some patience and hold your coins. Market fluctuates regularly , if it is low today, tomorrow it will definitely rise.
The best solution when the market falls is not to panic. Wait for a good price, when everything starts to grow again. I hope I can wait.
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