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Topic: Decision in panic! - page 63. (Read 5988 times)

member
Activity: 280
Merit: 10
June 19, 2018, 08:01:50 AM
#89
Have you ever take wrong decision when you were panic. share your experience

When you feel that you begin to worry and panic - turn off the computer and go for a walk on the street, and stay there until you calm down. Better yet, exercise.
full member
Activity: 2128
Merit: 180
June 19, 2018, 07:59:27 AM
#88
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.
legendary
Activity: 1596
Merit: 1034
June 19, 2018, 07:55:11 AM
#87
Decisions that made in panic mostly always are wrong, when I was younger I made many of them, now I think that morning is smarter than evening         

All crypto users who are active in the market to make trades have been ascertained to have experienced a panic may even be heavier than that is loss. Panic is a natural thing when we enter the market and make an investment, the panic is present due to price movements that are far from the previous estimate.
sr. member
Activity: 602
Merit: 250
June 19, 2018, 07:53:30 AM
#86
Decisions that made in panic mostly always are wrong, when I was younger I made many of them, now I think that morning is smarter than evening         
full member
Activity: 448
Merit: 100
June 19, 2018, 07:29:06 AM
#85
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               
newbie
Activity: 30
Merit: 0
June 18, 2018, 03:05:48 PM
#84
Yes,

I wouldn't say i panicked, but i totally made the wrong call. This was a month or so back when the OCN (Odyssey) airdrop that was supposed to be 1:1, but it turned out it was some utility token that would be used in the future when they broke away from Tron block-chain. I believed no one would shoot themselves in the foot by not living up the hype and rumors (or at least they would set the record straight and shut down the rumor mill). I was 2x up by the time the announcement was made, and instead of selling my profit before/keeping my principle i, i decided to HODL because i thought I may need a minimum for snapshot. So, the announcement drops, and it was not what the community expected.  I panicked and instead of selling when the whales repumped after it dumped, i sold after it dropped back down again because my timing was totally off, and i was running on panic and fear. I lost lots of money, but i learned a valuable lesson always sell the news and always try to think with a clear head. Do not gamble. Always have a set number where you sell and always take profit at 1.5x to 2x.
hero member
Activity: 2268
Merit: 507
Catalog Websites
June 18, 2018, 02:33:31 PM
#83
It isn't sound weird if someone has panicking with the market. It's a phenomenal feeling that everyone who's new in the market.
Even the old ones are also feeling in panicked when they can't take the dips any longer.
There's no good decision if someone is in panic and it can only bring bad decision, I've been into it can't say if its many or few times but I say I've been there.
member
Activity: 548
Merit: 12
June 18, 2018, 02:32:07 PM
#82
In trading I often experience panic because it is natural and I do not want to wait until the price returns from the purchase price, often the panic leads to losses for me, the first time trading, because panic I sell my preferred coin and not too long the price soared and it I assume a loss does not try to keep it from a very cheap price, the panic is very dangerous for the assets we have, will lead to losses, everything must be a loss then it is a lesson to be better again in trading. Grin
sr. member
Activity: 1722
Merit: 261
Vave.com - Crypto Casino
June 18, 2018, 02:31:43 PM
#81
I will take another option to reduce losses and I've experienced it panicked when the market is falling but not following others selling it cheap and buying at a high price it is obviously very wrong, so I prefer taking another option of buying some very strong altcoins when the market grows up
newbie
Activity: 182
Merit: 0
June 18, 2018, 02:28:59 PM
#80
the panic will make everything damaged and even destroyed.
  I am convinced that everyone has made the wrong decision and it is like regret. panic when the price drops drastically then we sell coins that are owned at a cheap price. while some time later the price goes up again. but if we do not panic and can be calm in taking decisions then we can avoid the risk of losing.
sr. member
Activity: 700
Merit: 275
June 18, 2018, 02:26:47 PM
#79
Have you ever take wrong decision when you were panic. share your experience

yes, i have panic selling when I'm the first time to do a trade especially when the market is fall. and it's really a big mistake which i do. cause i almost lose all my money from that. then after a few months, the market recover even have a fantastic rise, i really regret at that time.
jr. member
Activity: 140
Merit: 2
June 18, 2018, 02:21:58 PM
#78
Well there were few very bad ones but I learned to take a deep breath and count to 10 before doing anything.
newbie
Activity: 126
Merit: 0
June 18, 2018, 02:21:06 PM
#77
It's common to take wrong decision while panic. But you didn't mention here the reason for being panic. I try to avoid serious decision when I am panic.
hero member
Activity: 1273
Merit: 507
June 18, 2018, 02:19:22 PM
#76
Have you ever take wrong decision when you were panic. share your experience

No, since the beginning of my crypto career i didn't panic a single moment, because i already know the risk of cryptocurrency this is why i choose to enter it. If the market crash i didn't panic because i know it wont do good to be. The only thing I do during market crash is to buy cheap tokens that have a potential in the future so that once it recovers then ill be having decent profit for my portfolio.
newbie
Activity: 27
Merit: 0
June 18, 2018, 02:14:49 PM
#75
I'm not selling until we reach a top closer to the ATH.  Once all my buys are green I might sell most and wait to re-buy on the ensuing tank before riding another wave up.  Easier said than done but I'm holding until profit no questions asked.  Buying a little each week.
full member
Activity: 714
Merit: 101
June 18, 2018, 02:07:23 PM
#74
Have you ever take wrong decision when you were panic. share your experience

Everyone has ever had wrong decisions because of panic. The main thing is whether you have made conclusions from this situation in order to prevent such a thing in the future.
newbie
Activity: 98
Merit: 0
June 18, 2018, 02:00:42 PM
#73
Have you ever take wrong decision when you were panic. share your experience

Yes! my biggest mistake is that I sold pundi x to 26 satoshi (bought for 11) and then it grew to 180. For some reason I did not see the prospect of this coin and hurried.
full member
Activity: 574
Merit: 102
June 18, 2018, 01:54:19 PM
#72
Have you ever take wrong decision when you were panic. share your experience
About cryptocurrency little this was. That's only once sold tokens after the Bounty campaign for $150, a couple of days they stood already for $600. I was offended.
newbie
Activity: 118
Merit: 0
June 18, 2018, 01:29:59 PM
#71
Panic is what you get when you sign up with cryptocurrency world. From investment to trading is all about panic. When the price goes down one will be unstable when there are fake ICOs that i did invest in there is still panic, so in conclusion; in crypto world panic is just your friend or your second name..... Cool
newbie
Activity: 56
Merit: 0
June 18, 2018, 01:24:48 PM
#70
one day the coin began to fall, I was afraid of losing everything, and started selling, eventually I lost a lot, and the coin after that grew
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