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Topic: Decision in panic! - page 62. (Read 5988 times)

newbie
Activity: 169
Merit: 0
June 19, 2018, 01:25:54 PM
Once. I have earned particular tokens from a bounty, and decided to hold. Now, that token flops at almost 0. I wish I sell all of those.
We cannot predict in advance what coin will increase. I do not think your decision is wrong because most likely one more time your coin will be pumped
full member
Activity: 1064
Merit: 101
June 19, 2018, 01:23:35 PM
Of course, this is one of the most common issue/mistake of people that have just came to the crypto sphere. Especially in the beginning, when I was trying to day trade and was entering my positions too early or too soon, man, I was a nervous wreck on some occasions.
jr. member
Activity: 154
Merit: 1
The revolutionary AI gaming ecosystem
June 19, 2018, 01:12:01 PM
Have you ever take wrong decision when you were panic. share your experience



When I was a newbie, I used to panic sell that is why I lost lots of mone during that time but I have learned a lot and use my failure in order to gain huge profit margin last December 2017. But now, every time I see the market falling down, I used to invest and buy coins for a cheap price. Instead of panic selling, I panic buy my favorite coin in the market at wait it to increase its value again.
member
Activity: 392
Merit: 12
June 19, 2018, 12:53:03 PM
So it happens unfortunately very often in my life, when I lose a lot of money, I have the wrong decisions in the desire to return more quickly your money!

how do you return the lost money in a short time ? because I think if we lose money in crypto then it will not come back again. unless only the price is temporarily dropped then holding is the answer, so we do not lose
jr. member
Activity: 140
Merit: 2
June 19, 2018, 12:27:17 PM
Have you ever take wrong decision when you were panic. share your experience

Luckily i haven't take any actions in cryptocurrency when i panic because i know that if you doing something with panic.
in crypto, it can be the panic buying, or panic selling. Those are bad because most of that will give your investment a bad effects.

It's not always that easy. Sometimes you gotta make that split second decision and it has a 50/50 chance to be good or bad. It's easy to be smart when all passes.
newbie
Activity: 79
Merit: 0
June 19, 2018, 11:35:27 AM
Once there was news that crypto might get banned in my country and at that time I sold in loss. Later I found that the news was not true.
newbie
Activity: 210
Merit: 0
June 19, 2018, 10:48:56 AM
So it happens unfortunately very often in my life, when I lose a lot of money, I have the wrong decisions in the desire to return more quickly your money!
member
Activity: 532
Merit: 17
June 19, 2018, 10:40:48 AM
Have you ever take wrong decision when you were panic. share your experience

Luckily i haven't take any actions in cryptocurrency when i panic because i know that if you doing something with panic.
in crypto, it can be the panic buying, or panic selling. Those are bad because most of that will give your investment a bad effects.
full member
Activity: 392
Merit: 100
June 19, 2018, 09:33:38 AM
At the beginning of my journey to the world of trading, I was wrong when I panicked, but I took the lesson and invested in the currency with the knowledge that there was no need to panic, and vice versa - to use the possibility of a market fall as well as at an attractive price.
sr. member
Activity: 2030
Merit: 269
June 19, 2018, 09:31:11 AM
Have you ever take wrong decision when you were panic. share your experience

We are all not immune to this, we sometimes panic and do the worst thing, even experienced, trader sometimes made a wrong decision when in panic because the scenario is something we are not prepare to take action and we need a lot of experienced to overcome this.
member
Activity: 385
Merit: 10
June 19, 2018, 09:26:31 AM
#99
Panic is normal, because we are all afraid of being damaged by property. Since this year's market is very unstable, I am basically trading every day. I have abandoned the strategy of long-term trading because short-term trading allows me to do when the market changes the fastest choice!
newbie
Activity: 49
Merit: 0
June 19, 2018, 09:23:50 AM
#98
Here if you have a depressed emotional state from the drawdown of the crypto currency, then this is normal, because it is caused more than once by the worked-out scheme. In this state for a long time is impossible, sooner or later you give up and sell in the negative. Shift the focus from the fact that the rate falls on the earning opportunities that the market now opens up for us. Smiley
jr. member
Activity: 210
Merit: 2
June 19, 2018, 09:21:29 AM
#97
   When i received my first reward in joining bounty then i see the price in exchange that slowly falling down i felt worried that's why i panic sell my tokens. Then after a month i saw the price of my token that keep on increasing i felt regret. If I didn't sold before maybe i earn too much from my hard work. What happened on my tokens is a lesson for me to learn not to panic selling when you see market down and coins price decreasing because after falling of market and all the coins it will rise and increase.
full member
Activity: 378
Merit: 100
June 19, 2018, 09:08:19 AM
#96
many times, once I had bought a coin and it price went up but I couldn`t sell it and droped below my entry point than I have sold it due to panic and after 2 days it went even higher than first time.
newbie
Activity: 155
Merit: 0
June 19, 2018, 09:03:19 AM
#95
My experience shows me that I did panic many times, I lost an opportunity and one that I can't forget was the DASH bull run that I've bought at 65 each and next was dump right away               
I usually not looking at the market during dump, for me not to panic easily because I know it can recover. If you panic so many times then learn to control your emotion, yeah its really hard to make decision during bear market because the prices are dumping so fast but you have to focus and don't make any decision that is baseless, don't depend your future on your emotion.
Yes, perhaps by always thinking positively about the market recovery can make a little sense of panic to be lost. In addition, by not always monitoring the market price will reduce the panic as well. Panic is natural because we are afraid of losing all the assets we have, but making a decision in a panic state is a big mistake. Decision-making should be based on normal emotions and on a solid foundation.
member
Activity: 448
Merit: 10
June 19, 2018, 08:52:55 AM
#94
For the newcomers, panic selling is most likely to happen on their investment since they were thinking that during bear market, it will continue to go down and feeling that no assurance for it to recover. In my case, I had experience several months ago where I really wanted to trade my token since market was not good during that time and later after several weeks it was traded, the price value of the token had risen. I then realized that we should have to be patient in dealing such case. The best thing to do rather is just to wait for the right opportunity and do not do any decision that is driven by our emotion which will led to a wrong decision.
copper member
Activity: 364
Merit: 0
June 19, 2018, 08:42:40 AM
#93
Have you ever take wrong decision when you were panic. share your experience

Actually the wrong decision i made was because i am new and lack of information then i become overwhelmed  sell my coins. The next two days was frustrating because it soar 2x the price.
newbie
Activity: 140
Merit: 0
June 19, 2018, 08:34:58 AM
#92
Yes I have have taken many wrong decision in a panic especially when i was still a newbie, one of them is selling off my coin when the price is dropping only for me to come back few days and see that the coin price has increased so much.
member
Activity: 490
Merit: 28
June 19, 2018, 08:23:57 AM
#91
My experience shows me that I did panic many times, I lost an opportunity and one that I can't forget was the DASH bull run that I've bought at 65 each and next was dump right away               
I usually not looking at the market during dump, for me not to panic easily because I know it can recover. If you panic so many times then learn to control your emotion, yeah its really hard to make decision during bear market because the prices are dumping so fast but you have to focus and don't make any decision that is baseless, don't depend your future on your emotion.
I really appreciate those people who used correct and logical thinking in decision making, because in making decisions you not make  it when in panic, deep sorrows, and excited because that's only a temporary feelings that will  just lost when time passes by and might would make you regret after.
jr. member
Activity: 336
Merit: 1
June 19, 2018, 08:08:08 AM
#90
You can not panic, because the coins will soon rise anyway, so it would not be worthwhile to do such drastic movements!
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