Bitcoin Forum

I know we are currently seeing the fall of  coin prices, and many of us may think to get out while the getting is good. Well if you need the money, I guess that is understandable. However if your in it for the investment, and you can hold your ancie  pants together  during the drop. I don't need a chart to tell you that Bitcoin is on a continuing upward trend, in spite of coin price drops.
 Panicking and selling off not only hurts your longterm investment, but breaks the market down also. I know speculators that just made hefty purchases at high prices are losing,

 Don't panic there is a way to recover the loss

 You can sell your coin at 5% over Spot, take that money and repurchase coin at 5% under spot and resell. This way you do not lose your profit, you continue to accumulate coin and increase your holdings without purchasing more coin.

Because Bitcoin will continue to move upward in spite of a few downward spikes, you can't lose.

Try to convert business to accepting coin, inform them of BTC virtues, Security ( from Robbery ), Customers pay BTC fees, Goodbye to Credit, debit and Paypal fees for businesses, and it is quicker and easier than using plastic. Most important, this money will actually increase in value if saved, and can be used to generate even more income through the sale of the currency. You can't do that with American Dollars.

Look at these recent events

Japan accepts Bitcoin as legal tender

https://www.cryptocoinsnews.com/bitcoin-accepted-japanese-users-can-soon-pay-utility-bills/

Uganda First African Nation to Accept Bitcoin as Legal Tender

http://afkinsider.com/135498/uganda-become-first-african-nation-adopt-bitcoin-regulations/

Market panic can impact the price of bitcoin negatively but bitcoin has a strong foundation for recovering back. My experience in trading has thought me some lessons, one of the lesson is identified market trends and trade along the trends until the market is extremely over bought or over sold. Coin may be felling recently because of panic but market outlook for bitcoin is very positive and that is what matters.

I have made most of my money on the fear of others. It really is my main strategy. Buy when there is "blood in the streets", sell when everyone is celebrating a rally.  ;)

http://www.investopedia.com/articles/financial-theory/08/contrarian-investing.asp

Dude you are so right, if your a Bitcoin investor, then you should be trading and repurchasing and re-trading all of the time. It is the only way to profit in spite of price drops. You protect your investment by selling and re-buying, This way you continue to garner a profit, increase the value of your long term investment. The price drops don't mean much if your constantly rotating. your coin.

If you want to buy and just sit on the coin, you will have to be very patient, expect to wait around 2 years before it is really worth selling off. Buy and sell buy and sell that is how you win in this game.

Well if things have gotten that bad, an apocalyptic scenario is one where the Internet may not even be a functioning network any longer. On the other hand "IF" shit gets so bad, like you say then markets will collapse and coin value might plummet into the ground.  IT would be easy to hide, and hard to steal.


Here is some ammunition for your sales Pitch  in 2036 there is the likelihood that the earth could get hit by an asteroid that we share a path around the Sun with. The Asteroid Apophis crosses the Earths path twice a year, and comes close to the Earth every 6 years. It is expected to pass safely "JUST UNDER OUR ORBITING SATELLITES " in 2029 and the NASA near Earth Object Program has not calculated the possibility of impact, for 2036. They said it was calculated to be a safe pass in January 2013, then 3 months later recanted and said "WE DON"T KNOW"

 Recovery if any, is harder to calculate.

… but never try to catch a falling knife and don't try to be smarter as the market :)  SCNR.

//alex

I really dont care bout the price falling down. It will just recover quickly again anyway. We have been through this before and this is a normal for me. Everyone can buy and dump their bitcoin. We cant do anything bout that. We cant stop them to sell their btc.

It will recover but not for over $1000 again. At least it's will be back to the previous price before the bubble was happening.

Who the peoples are not selling his bitcoin @$1100++ They will need wait about some years later to see the price will be back over $1000.

I don't think if this is an effect by the massive adoption but more likely to call it manipulate the price.

I agree,but we can`t stop people to sell their coins when they panic.

The new year bitcoin price was a little speculation bubble caused by China traders.

This has nothing to do with bitcoin growth,development and mass acceptance.

Market panic which trigger panic selling, FUDers, and another strange creatures could affect bitcoin and drive its price lower than it should be,but there's nothing we can do as we're actually just an ordinary bitcoin users whose wealth is not as much as those whales who's now already ruling the exchangers and could make a significant price changes by their appearance and activities.

Yes, probably there is a sentiment of bitcoin price levels like it will peak around $1150 alone. If we happen to see again $1000 or $1100, then we can  huge sell off unlike what we have seen by this new year.

first of all market panic can only last for long. it is not going to be like this forever, and not everyone is panicking by the way. those who are called weak hands panic and dump their hands so fast and get flushed out immediately.

second of all the method you are suggesting to sell at 5% and buy back at 5% is not as easy as you make it sound like, it actually is hard and the more volatile the market gets it becomes harder to do this because swings are not predictable and big.

Its is part of making money on bitcoin and if you are smart enough on trading it then you will surely gain profits but seeing the situation here mentioned by OP that in able to recover your losses because of panic selling then you will surely do hedging on bitcoin price movement getting small percentage profits on each movement.

It is true that market panic can make the price go down, because there will be a lot of people selling because they afraid the price will fall down lower again, but according to the expert in trading, when they see the panic sell it is the best time to buy, so yes market panic can make the price go down but you can also find a way to make profit even when the price go down

Definitely, smart traders always wanted  this thing to happen.  Weak hands will sell out because of the fear of losing the value of what they are holding.  Hedging is somehow a good strategy but actually very difficult to do.  It actually  takes much of the time unless we have bot to setup the setting of buying coins when the price goes down x percentage and selling it when price goes up at equivalent x percentage. I actually do this kind of stuff in altcoin trading and actually it works like a charm if you have lots of time or focus in trading.

So, you are not using any kind of signals, trend indicators or equivalent?  Just simple "price drop x% --> buy, price rise y% --> sell"?  Interesting that this works like a charm as a bot never knows the market around him.  But that reminds me on a MtGox bot I was using 2011.  Simple:  buy limit @current price - 0.5% and after that was settled, sell limit @buy price + 0.5%.  Had this running for 3 months and it gained me ~20%.

//alex

There is no reason for panic or panic selling. It's true that many Bitcoin holders have fear that the price would go down more deeply so they will sell which can lower a price for a bit more. But now isn't moment for selling, the head shor be kept cool and wait for this correction of price to be over because soon Bitcoin will be back on the way up.

Fear is one of the main factors i am making a living :D ,it was obvious that the price would come down after the rally and on what news was the big question and we have our answers,it is because of the chinese ,the price will ride in the current price for some time and after a while the rally again continues.Nothing surprising folks.

If one has invested some decent amount of money at let's say 1050 US$ and saw the movement after it bounced at the ATH, I totally understand that this guy was in fear and did panic selling.  If one loses 20% of his investment within 4 hours, I understand anybody selling off any asset in panic.

//alex

Anyone would worry if someone bought at $1100 in a huge volume and then after one day price goes down at around 20%.  It is not normal so the first thing in mind of this person would be selling at the next increase to cut the losses.  But people who are in for the long run really would not be bothered.

yesteday bitcoin price is crash
down price, because much people panic selling, until reach 800 dollar/bitcoin
but today market is normal bitcoin price is table in 900 dollar/bitcoin

This is a very educational advise especially for newbie Bitcoin holders like me. The market can sometimes be driven by fear when things can go down and greed when things are going up. Fear and greed...how we can manage both can help us be a good Bitcoin investor/holder/speculator.

And true to form, even with the downtrend that happened two days ago, Bitcoin is again on the rise and may even go down a little bit due to some cashing in but the trend for this cryptocurrency is set upswing. As they say, look for the long-term and not just the short-term problems.

If someone is here just make quick money then there is maximum risk for him but if someone is considering long-term picture then he must be buying bitcoins with some intervals even in falling price because we know the potential of bitcoin and in the long run $1K would be the basic price of it so anything below $1K is worth investing in my opinion if long term is considered. Nothing to panic even in decreasing price scenario.

You could easily say that because you do have a good self control and limiting your temper but we all know we are not the same and people do have different perspective and targets thats why panic selling would normally happen in bitcoins price movement.People would surely panic because they are afraid to lose money and those people are those who are newbie on trading industry.

Well the real scenario is when people see some massive price breakdown they will intend to sell their coins since they arr afraid to lose some money from its downward movements, and i admit that i am the one of those seller, im securing my money and i don't want to get minus of profits so thats why i can say that others sells it to surely, but let the faith tells on when would the price drop since we can't stop people to dump their coins.

That is why psychology plays an important role in all financial issues. Trying to foresee the future market moves is always a hard work, but only with a strong control of our mind and emotions we can stop our impulsive decisions to stay away from markets and wait patiently the right time to buy or sell, without influence of emotions or panic.

Emotion do play a major share in all the markets because you really do not want to see your hard earning money to be shredded in value and so everyone hops into the market to decrease the amount of loss occurred and buy back leveling the position at a lower rate.This is quite normal and expect these sort of panic sells which drives the market .

There are currently two forces which are driving bitcoin market price levels lower : one is profit booking from long term bitcoin holders and the second is obviously panic selling from both short term and long term holders.

I am afraid as long as we are not getting new investors and new bitcoin adopters, this trend may persist. Because no one will be buying when they are seeing continuously falling prices. Moreover we now need a strong pump to gain back the trust on bitcoin price level among all types of investors.

there is also another force, and that is the fact that some traders have turned bitcoin into their plaything and are enjoying the volatility. for the past couple of days I keep seeing 800ish then 900ish price over and over!

and about new investors, they will come and they are coming. these periods like this where prices are very volatile and things look bad to our eyes are only temporary and they will end. besides when you want to invest you don't look at the past days or even weeks, you check out the whole thing and see how it was performing through the time it existed.

Information is what the market feed on, so if there is a perceived negative news about BTC it is going to affect its price. Look at what happened to Pound after Brexit vote.

it is all about the holders and investors who afraid to lose at least piece of there richness they know that there are something will affect bitcoin prices im not happy for what happned to pound i hope it will be okay they panic because of there compititora are starts selling their coins.

and as i know that those traders are only following the trends to make their own profit regardless to the rate of bitcoin as long as they can just make profit out of it then they don't care, also i think that the point of people expecting the price to be that high is to sell when times comes and not going to hold it forever, price bumping is really normal from that perspective

you can't really compare Pound and how it is affected with bitcoin and the news circling it. the size of the market alone makes them completely different.
and also what happens with bitcoin is that there are so many novice traders around with rather big amounts of money at their disposal but little to no experience. and then there are whales with experience and the know how of things like creating panic of FOMO

to me  i think those people who purchse bitcoin in 1100 USD have take a right decsision. although the price is now trading uder 900 USD but the price is not going to stay  here for a long time and very soon the price has to boost again and this time it is going to reach to 1500 USD so very soon hey will happy with their secession of buying bitcoins.

Emotions and aims does really matter on trading bitcoin and it does surely affect you on your actions and you are right for those people who bought on $1100 would somehow think to sell off their coins to cut the loss but for me they are just doing mistakes because 20% sudden price decrease isnt worrying since price does move soo fast and unstable which could possibly reach that amount on a particular time.

Actually I agree with that. When the panic sellers sell they're bitcoin and the bitcoin price will manipulate and it will be dump some of the buyer of the bitcoin will take that as a advantage so they will buy that with that price and the bitcoin price will go up again so I can suggest to keep it but I think it will be a gamble if many person sell bitcoins and no one will buy a bitcoin. To sell it or to keep it is a big decision right now but If you will talk about in the future months after now I can say that bitcoin will be stable but I think the best decision now is to keep it or sell it. I sell some of my bitcoins and keep some that way I will no regrets if the bitcoin will dump or pump. So good luck to all bitcoin holders :)

It has to?  Did anything fundamentally changed in the architecture of BTC?  Is SegWit accepted now?  Did the devs come over and released a plan for the future how to fix the transaction size thing?  No.  It might be the price is going down again to lets say 700 and then again rise and break the ATH and then rise higher and higher … to the moon.  Maybe.  But maybe BTC is just a commodity like other commodities.  Then the market has ups and downs, sell offs and buy offs.  As long as nothing fundamentally changed, there is no such thing as "it has to".

//alex

Actually -- if I would have bought near ATH -- even for the long run -- I would have sold my coins as quick as possible.  Why?  Money management.

1. If I would be interested in BTC in the long run, I could think it might be better to buy back cheaper to (a) cover my loses and (b) have more coins which means higher profit if it really rises again.
2. I would just be scarred to bind a lot of money for too long in that loss of 20%.  Better to realize the the loss asap than to hold a lossy asset for too long until you even get in the near again of getting out without loss.
3. Even long run investors do have feelings.  I know -- either market or feelings.  But in the light of a 20% draw back I understand anybody fearing of losing too much money.
4 …

//alex

I have a big doubt of bitcoin pricing coz its been rising too much i know it will be drop soon many of investors who take advantage of bitcoin price and they don't wait too long they sold their tones of bitcoin if i were there too i will do the same way. I will not take any chances but i sold my half bitcoin that they i just follow the flow.

Of course it can take some influence on bitcoin but panic selling or buying can't make any radical changes. But when price is becoming lower and lower, in that time panic buying can speed up this process but it can't make beggar more than 40%, if that happened, than there are many other important factors also with panic buying and selling.

This is why we should stop it. If bitcoins price goes down. You just have to buy more. It goes down so

there is a huge dump and you don't need to add something to it by panic selling. It is sad that when it goes down.

The number of negative opinions are increasing which I think influences the others. We should support all the way

to the top and not to pull it down.

That's something I don't understand -- maybe somebody can shed a light for me on this.  But on regular currency markets nobody ever talks about pump and dump.  Indeed in the altcoin market there is a big pump and dump, especially by the devs of the particular coin.  But BTC to USD or EUR is a regular currency market with enough market value and volume.  Currency exchange ratios go up and go down.  Sometimes on fundamental news, sometimes just because of market movements and signal triggered.

Today it was news.  I don't believe in a pump and dump game in BTC exchanges.  Not by this volume.

//alex

The buy wall will useless right now. The demand wants to sell the bitcoin.  The panic trend will still continue until the next time.

But it seems like a scenario If the price of bitcoin was touching in higher value and the Chinese bank try to decrease it with any bad news.

the current situation will not run forever , the panic selling that makes the price keep dropping will not run forever too.
it is just the matter of time for the market to bounce back, so make sure you are there whe it happened.
i see this as a normal thing , nothing new .

Have it seen it jump over it's price just to go back down. It has been doing this all day since I went to work until I just got home.
If it is from all the selling off thats been going on all we can do is just wait until it stops.

after years of watching bitcoin movements i'm immune with this so for sure panic selling would not a be good for those who's holding it right now since that chances of bouncing back to its price will still possible just really needed a lots of patience and waiting period but for sure it will go back time and time again, just keep believing and think about your investment.

it is indeed you have be patient , especially if you are on lost situation.
i know that feeling , really hard to stop this fingers to push the selling button and cut loss.
but just back to the main purpose why you holding bitcoin then? just keep holding and enjoy the profit later in the future.

Yes market panic weakens the bitcoin progress, but at each and every time, bitcoin recovers from it. Mostly, panic selling occurs due to traders who are new to bitcoin.Big whales sell huge volume of bitcoins to make price fall and new traders get panic that price would drop more and start selling their holdings. Whales use this opportunity to rebuy btc at much less price and gain huge profits.

Sometimes this scenario happens, the pump/dump scene. Weaker hands tends to sell when price is diving and this is an opportunity for season trader to buy one.If more people are in panic mode, it will really  pull the price down.

i am agree that if market got panic then it can make btc prices is going to lower than before and this is happen for now. i see that people is getting panic when they see the price is getting down and they think that its hard to gets up again, but i think its normal to see the down and up for the price and i am sure that the price will be back soon, its just a matter of time for us to wait.

Couldn't have said it any better sir. Only people who bought bitcoins in expectation of easy profit would be bothered with a sudden plunge. If you're someone who started cutting out on expensive coffee and used the money saved monthly to buy bits you really wouldn't be panicking since it's money you would have lost anyway. Selling out after the initial recovery from a plunge IMHO is foolish... it's already rising, why take it out? Might as well just leave it in there.

People actually think to take opportunity before it's gone so it's natural behaviour. as i see most of people were buying bitcoin expecting for profit not just like buying bitcoin with dust and if they're going to lose what they have they just let it away. if you think that better holding than doing cut lose then you must be very rich then to not afraid of losing

Actually one more think they can do is split buying if you split your investment portfolio and have bought like only 20% of your investment on high price then on all down fall you could have bought more in 20% split like this your buying price will also come down and if their is any uptrend then you can sell your investment in profit on bounce back of bitcoin price.

This panic selling caused by the traders who have bought in one shot of their investment and now seeing the 20% and more loss they are felling afraid.

But quick bouncing back is the scenario we can see so often with bitcoin prices and it is happening this time too.

I guess the panic selling got over once Chinese market's new regulations on bitcoin trading. If we are not having heavy manipulating then we can expect prices to stay stable.
Even panic selling is also part of trading, it will not sustain for long and with bitcoin trading too it is true.

the market is too influenced by some of the behavior of traders who sell bitcoin in number very much.
they scare others and advised to sell bitcoin at that time. whereas if we are more patient we could get better results.

I agree that many users have paniced recently and that their behaviour could influence the market. But it seems that this panic has stopped a bit and that their overall share in the market behaviour is not that big they could influence it significantly. But I'm a little afraid how big players on the market will behave in the next period, that could be crucial.

some times when the price of bitcoin goes high, and after that when the market take a little correction, people start selling as they consider it as a big crash and panic like situation accure, and the price of bitcoin fell down in minutes. i think the  trader should now become mature and they should try to hold their bitcoin in suck kind of situation so that the price of bitcoin do not fell down so much.

Yes, after seeing sudden fall from $1150 to $760 levels, bitcoin whales may start think about booking profit when they will be getting $1000+ price levels next time.

Fortunately we still could have faith on them as they usually do not want to collapse image of entire bitcoin systems. I mean to say they have not got panic as they would have come across many down fall bigger than what we had in first few days of 2017.

I agree with you . whereas we can set their own prices for bitcoin in a way not easily influenced by people who sell bitcoin in very much. Most traders feel that the price of bitcoin have been declining rapidly, they fear will experience a great loss if it does not sell bitcoin at the time.

Fluctuation in the market is healthy and we cannot get afraid of it, this daily fluctuations are caused by day traders who wants to clear the position on the same day whether it is profit or loss and on that basis some weak hands seeing the selling high just get panic and they also jump on selling side. But even then the market jumps back. for long term it is very good to hold it as very soon we are going to see the next high price of bitcoin

There are always sheeples in Bitcoin economy.  If they saw some huge volume is selling, they also sell theirs making the volume more bigger and then suffer a crash.  And when people are buying and saw that the price is rising they will have this FOMO and buy bitcoin making it form a bubble driving bitcoin price goes up rapidly.  This is the normal flow of market.   And yes Market Panic is always dangerous because it can get the price lower creating more panic until it won't go down anymore.  And left are those who are brilliantly trading taking advantage of this panic selling.

That's the whole point, we don't know what they plan to do. That's why you should be preparing for whatever happens in the way that you have enough coins for when the price goes up, and enough fiat for when the price goes down. If that's all set up well, then you're ready for whatever is going to happen. For now I don't expect much difference with how the price has behaving last days as the market seems calm now. I like this "stability".

It's stability price now indicates only 1 thing that the bitcion is as stable as we expect for, yes, there are lots of btc user who panicly sells bitcoin when price is rises but a lot of investors out there who are just waiting for the price to go down and buy it. And now the flow is good to see and is stable as compare to other year.

Japan's accepting Bitcoin as legal tender is a great step in the Bitcoin market. But it is true that due to the panic the rate of Bitcoin will be fluctuating more than normal.

This makes sense. We should be patience of the rising value of it, because when we sell the bitcoin the demand goes down and the people behind bitcoin will make it more lower the value or price of it. So let us think wise on making this thing to happen, we are the one who is truly affected by this scenario.

I buy low and stay invested, keep buying whatever I can on every significant fall. BTC has a solid foundation and long term prospects are good. My volumes are low though, due to lac of capital at the moment.

It seems that the news about japan accepting bitcoin as legal tender doesn't spread that much thus people don't get informed about it and not really affecting the market that much. Although we can't expect anything from this news and it's just a good news about bitcoin. And the panic selling was actually a cut lose which were done by so many traders and always occur in every significant price decrease, nothing new here.

These things are common in trading when it comes bitcoin happend many times, even many people will afraid with sudden fall but the people who good knowledge in trading will keep their bitcoin holding and make some decent profit when their price increases. The main thing when ever there is fall in the price people will start selling their bitcoin it makes market fluctuation.

Today i hear the news regarding that japan is accepting bitcoin that very good to hear for bitcoin community where it can drive to increase the price of bitcoin. Panic will may change people mind and drive them to sell their bitcoin it makes fluctuating bitcoin market. But in trading market there is no space for stagnet price it keep move up and down it very common and normal.

The information was very nice, friend. I really agree with the way that you give. It is true that the market panic could make bitcoin prices down, because if users bitcoin panic after knowing the release of economic news, it is usually the user will choose to sell their bitcoin. Here is the basic law of economy of force that is supply and demand. This condition will usually lead to selling pressure is high enough. Surely if the selling pressure is high then the price will fall significantly.

Good read, and no harm to repeat points as a way of constantly urging each of us to continuously promote and advocate for bitcoin.

To be honest, I don't quite understand why there would be market panic - the price surge was a bit sudden and it was bound for a correction.

I bit, therefore I am.

i don't quite understand the reason for a market panic either, but generally it is because there are too many weak hands in the market and whenever there is a price change they all start thinking things are over and get scared so they start selling to not lose money and when it starts it can not be stopped until they are flushed out.

Op, you are completly right, but there is fundamental problem with bad vs. good news effect on everything, bitcoin market included.
We need 4x, 5x more positive news or some HUGE bomb dropped to diminish even slight negative news. Look what happened in China - they just started to use AML/KYC, no big deal right?
But it caused whole Chinese market to go crazy.

The reason for this, whales does not see this helpful in their current plan.  And rather see the China statement more appealing and will benefit them.  They ride it with an action of fake dump so they can accumulate much more cheaper Bitcoin.  Then when accumulation is done, they will use the news about Japan on Bitcoin and other good press that will make bitcoin looks good to uptrend bitcoin price.  

In fact, after the recent price increase followed by a slight drop, people started that the price was going down really so they started selling which made the price go down even further, but luckily it stabilized around $800, the thing is you don’t have to follow any one when it comes to the right time to sell, you have to be the who determine if the price is good enough for you or not.

Markets have a tendency to overreact when there is a rise in price there is also the possibility that it becomes a bubble an when the price gets lower there is the possibility the price gets a lot lower than it should but it will eventually bounce back.

You know, traders are very fragile or sensitive. Once they see bad news, they quickly panic and sell their holdings and its a chain reaction. Once panic sell occur, they also follow. And for that the price will fall drastically. This situation is normal. Everyone can pump and dump. We cant stop them. FUDsters are responsible for this. Spreading bad news to all traders.

That's right folks, when trader see negative news against bitcoin, then traders will panic, sell or not. But most of them chose to sell their coins. It can make a market panic and then bitcoin price is down.

Panic selling is something that occurs in any market, and the Bitcoin market is not an exception. This is mainly caused by traders who are not knowledgeable enough to identify the right time to buy and the right time to sell. This is certainly not a recommended market for amateurs.

Definitely. Japan have quite low bitcoin users and demands compared to what china have had and china also owning the majority of mining powers.
But I disagree that using the method of pumping with spreading good news about bitcoin regarding Japan accepting bitcoin will success, making news popular for twice is really hard and I think majority of people who's a traders, updated into the latest information, and really serious into this job will have big chance of knowing this news, it will not helping that much in the price pump

how do you know Japan has low number of bitcoin users? because there is no way we can say anything about how many bitcoin users exist in each countries, it is impossible.
what you are saying about China is based on trade volume and the hash rate distribution report and these two factors have nothing to do with how many bitcoin users exist in one country specially since volumes from China are 90% fake.
and besides Japanese government wouldn't have talked about bitcoin and announce it as a legal real currency if there weren't many users in their country.

Well, I compare japan to china based on volume of trading, mining power, and demands regardless of the fake data or anything similar, there's no method to calculate the exact amount of bitcoin users in every country but you can determine whether the bitcoin users in specific country is pretty high by seeing how much bitcoin-based company have been founded there, events, the activity in forum, and many more. It's pure based on my opinion on how I determine every country.

Yes, the thing is they do not know that they are the reason of its crash down of it, so we the bitcoin holder must know its advantages and disadvantages since we are responsible of it, we must be care of this and be aware of these.

No matter how hard or we say that we should hold off our bitcoin for longer runs there are really people would really panic especially they saw that bitcoins price is getting down on the amount that they last bought it thats why they would decide to sell of and preventing further loss.I dont know why some do have these mentality.

No matter what is happening with Bitcoin price these days. Panic sell off is going to an end, in my opinion. 
Just as Bitcoin is getting more popularity in a whole world we should expect a lot of FUD against it. Within the community and outside it. Do not expect BTC to conquer world economic system in a few years.

When there is stability, I always think of that as the best moment to buy some bitcoin to hold for some time and wait for the next bubble and get some nice profits in a short amount of time.

all i can do is buy some bitcoin in stable price and ofcourse in low price. I dont think i will buy coin when it price more than $1000

I noticed that once Bitcoin prices lower because of dump scheme and panic selling. Once bitcoin price lower, many of traders have been selling their bitcoin. I buy bitcoin when its too stable price and sold them when I earn profit already.

I think it is all depends how you analyze the market.. i think many people also are buying when the price was hit $1000 before but it doesn't mean that you will you can be still hold it your bitcoin when you buy $1000 and buy new bitcoins and separate it from below $1000 so that you can know if what bitcoin is you bought with the $1000 and bought bitcoin with below $1000 so that you can sell bitcoin if the price was hit high price.. set the margin of every separated bitcoin so that you can not lose. we all don't know what will happen but we should always do some wise decision before we sell or buy..

 Buy when there is "blood in the streets", sell when everyone is celebrating a rally.  What do you mean by this quote? sorry if I don't understand, for me its so deep. Maybe only a little bit of it I got the point, but not so sure. Can you briefly specify on this, if is it okay with you.

These are all about "possible U turn" in trading sentiment.
At the end of every heavy sell off, prices will bounce back. Similarly when traders start celebrating their profits they will start profit booking, it means prices start falling down.

This is one of basic trading strategy which will work on extreme market conditions.

That's why you need to plan one step further apart from any other traders out there because you don't want to be left holding the bag for yourself when everyone else threw theirs away. For crazy price rises like the one we had for some weeks ago, you should be observant of every single detail you see in the market because that might be a hint or an indication that prices would soon start falling down.

Also, another rule in trading: don't daydream and don't get too greedy.

It has been rising for the last 24 hours and finally broke $900 which I found it never would for the last week. Just teedering along that line but once it broke it has been rising.
Just saw it at 911 :o after the president elect got into office which is a weird sign in it's self from bitcoin to where it is sitting at now at 914.
So all is looking good for the time being for the march of bitcoin.
Like the rally of women against the tyrant trump that took place yesterday. :D

Yes,thats what happened two weeks before due to BU issue and fear of hard fork.But now, price has recovered.Panic selling is mostly done by newbies.

It does for certain, however it is rather an opportunity for smart traders since they know for a fact that bitcoin will bounce back up again in terms of prices. This has happened many times now for bitcoin but it still managed to come back and gain even more.

Panic traders are the driver of bitcoin pricing!

The Bitcoin price seems to be going higher and the altcoin prices are dropping. Investors appear to be moving money from altcoins back to Bitcoin at least for now.

Actually, as bitcoin's price is currently increasing, traders would actually tend to hold their bitcoin to sell or sell now for altcoins. If bitcoin  drops down, that's the time they are more likely to sell their altcoins in order to get more quantity of bitcoin.

Market panic or panic selling is one of the most common reason why the prices of bitcoin is falling down, Example is the threat of having another bitcoin which is bitcoin unlimited, a lot of people talks bad rumors to bitcoin when the hard fork is going on and it makes the market of bitcoin fall down and have a low price but now it is start to pump because of the good news which is the adoption of Japan to bitcoin.

Certainly panic selling affects bitcoin price. However, there should nothing to worry since the foundation of bitcoin is strong enough for it to survive in volitality. Remember the price of bitcoin way back 2015 wherein it drops into $230. Everybody thinks that bitcoin could not survive that time but bitcoin proves that they are wrong. Currently, bitcoin's rate is $1200 which can increase anytime rapidly.

Yes i have a same thought like both of you. Dropping bitcoin price can be lead by the market panic of the community. Because the demand and the stock of bitcoin will change in a high or rapid increased so it may hard for its price to increase. But like as you said bitcoin is has a strong foundation or what other people say as the support of the community of bitcoin which uses bitcoin as form of their daily basis. So it depends on how the bitcoin itself manage the problem for the price to not drop.

Panic is always bad for any market, it doesnt matter at all if it is gold, or currency pair, or even cryptocurrency.
In the times when events are unpredictable, trading is always a harded task than usual.
News can make panic too and also big price surges- upside or down, that depends what events we witness.

I can compare it to the medieval times.
Back then, merchants were in danger of losing their funds or part of them during regular working day, just because of the war, and soldiers confiscating their goods.

During the war, traveling  is a risk too, every simple task is much harder to finish.

The same is with panic or important events. In most cases you cannot predict what will happen.

Market panic is sometime triggered by speculation and FUD or Fear Uncertainty and Doubt. Definitely it can affect the the trading price. Some are misinformed or having no time to verify such reports and just follow  what others are doing like herd mentality.

But for an informed trader they might see an opportunity in this situation.  ;D

Certainly, as you have known already how does a market goes through, you wouldn't take the negative situation in market but you would take it as an opportunity itself. Being uncertain always end up with regrets hence a trader must really understand how does the market flow so that in every decision he is going to make, he wouldn't doubt of it anymore which are more likely to end up positively.

Those negative situations in the market can be a opportunity for those traders know how the market works. If you are a trader that knows how the market works then you probably take advantage of that negative situation to spread it and help the market price to go down a little bit and then you will go in and buys a lot and just wait for the price to pump again. That is how the game works and if you don't get used to that you will be a loser with full of regrets.

Yes market will always get us opportunities to make use of. But we need to be clear how we are going to exactly availing those opportunities. One simple click here everyone must need to follow is not going "all" at one time.

When market shows negative situations we should invest only 10% and keep the rest for another situation. Market may bounce back from that situation or go for another negative situation, we need to invest there again so that we will get better average buying prices. This will ensure you will not get struck with big losses at any time, but profits will be same or even better in many scenarios.

Yes when we saw a market that is falling down or having experience of a low price or dumping stage then it is safe to just invest a few of our money to test the market if it is going to go further or it will pump again and recover its price. In my opinion, buying regularly even the price is low is a good idea like buying altcoins or bitcoins stock every week is a good idea because it will enable us to buy at an average weekly price and not on just one time buy.

I choose to buy when the price drops which goes along with the philosophy of "buy low sell high". Some people sell when the price drops. This could be a panic sell or they could be trying to time a buy back in at the bottom. Either way, if someone is selling low then it gives me the opportunity to buy low.