Post
Topic
Board Trading Discussion
Re: How do you Panic?
by
knightmairesaint
on 08/09/2017, 22:29:13 UTC
I find that for the most part I tend to panic once the price of my coins is crashing but has recovered slightly and I do not know if it will crash again or recover fully. I find it is best to just remain clear headed and think with clarity but I know that my fear inhibits that slightly. I am however very good at forgetting about a trade once i have made a decision.

Right, it is very important to be able to think clearly while trading. Monitoring the market price is somehow an can be very stressful and if we get emotional in monitoring, it can lead decisions that we are going to regret.

I have panic sell during the hard fork. I have lost more than 50% profit that I could have earned. I really do regret it and I wish that I could go back time to stop myself from selling. But of course, I cannot and what I can only do is to accept what happened.