Bitcoin Forum

Don't you think this is a trick?
Maybe they are just trying to buy cheaper. Collecting them slowly.
When they pump them again will you be able to buy them back cheaper than now?
What is going to happen in august? will bearish trend go on?
Are you sure that you ll not have to buy more expensive than now?
Isn't it what they want? They want to buy cheap and sell expensive. That is why some people must buy expensive and sell cheap.

Im Pretty confused now about the cryptocurrency market.
is this trick or something? i still have no Idea.

Trick or not, some people are forced to sell in matter to maintain their life's.

But IMO we will see bigger and bigger drop. And a real fall down in case of BTC split. The split will drag all the alts with it.

By definition the person you are describing is not a panic seller, the person you are describing is a trader, someone that is making a calculated move now in order to try to profit from said move in the future, in my opinion is a gamble, it may work or not, but the panic seller is someone that is not thinking about that, they are just afraid of losing money and have decide to sell regardless of the consequences.

That is possible.  The whole market cap of crypto currency is at 70 billion right now.  It has lost over 30% of its value in a month.  I think this will go down to 50 billion before August 1st.  After the split, I think it will rise slowly again to 100 billion market cap.

That's what's on my mind right now. They only make trouble but will also accommodate the panicked traders' coins. When it has passed a critical period and the price is high again, then that is the highest advantage for those who plan all this

It is something like this, for example you are playing poker. You have a nice hand so you bet. Your opponent is raising the bet. So you are just scaring and folding.
You dont know your opponents hand. When you fold you will need another good hand in the future to win. Will you have this again?

That hard earned cash selling with loss.
That must hurt.

Keep in mind that u are going to be hurt twice once it goes back up and u are to late!

Not to mention the big fees to fiat and vice versa! :x

Ouuach! 

It's no need to panic sell , especially if you have invested an amount of money you don't need to spend during the next 2-3 years and you believe that the tokens you have purchased are from a trusted team and you think they will be useful in future.

Uptrends and corrections are normal in markets and means they are healthy.

Panic sellers usually don't understand what they have purchased and feed the whales to make good money.

Troubled waters, fisherman's gain.

Well said. Panic sellers think extremely short term. If they really needed that money so bad that they would have to sell it during a time of uncertainty, well they shouldn't have been gambling it in the first place.

indeed

if it wont start recovering after 1 august ill sell all my rigs and "invest" it at the casino

The market is too big if current condition is a trick.
I even think this os not a trick, it is too big.

All of FUD now is normal if we check the condition,
Segwit or forking a backbone,... can you accept it wihout fear?
Everyone is in doubt, I am too.

They collected BTC from sub-600's and they started selling from 3k. What should you expect? When they finish selling they'll start buying cheaper. This may be the new dip or not, we can't be sure about that. One thing I know is, this won't happen forever. They'll collect again and we'll see better prices in the future.

The decline is rapid. But I'm hoping that Ascension will be faster .

Not all the people are believing in block chain , when price dropping , it's normal for people to sell their coins to avoid loss .
To some of them , they have had  profit to earn , why not selling?

I start investing when btc was lower than 1000 usd. And i ve never paid more than 1000 usd for a bitcoin. And i still consider myself as newbie cause i am in for only about 6 7 month. There is no reason for me to panic. But there are people that are more newbie paid around 2500 3000 usd for each btc and invested on altcoins with that btc.
It is quite normal if they are panicing.
Questions are quite fair, i agree that they should think more before selling.

you are overthinking it, trying to come up with a complicated explanation for something very simple!

when prices start to fall the first group to sell are those good traders with experience who have a brain and have clear plans without letting their emotions get in the way.

the second group are newbies who have no idea what they are doing and only came in because they saw a big green number (1000% rise) somewhere on the internet and now they want in.
when price goes down they don't sell when it is up, they sell then price is at the bottom and everyone else is trying to buy. they are considered food in the market.

#simpleAsThat

Major reason why many professional and experience traders are making it big in cryptocurrency is because of panicking. This few days that price movement is not strength forward because of the August1, many amateurs traders has lost alot of bitcoin because of panicking. We should hold now that thing see had and buying now instead of selling.

Actually my bag is not filled yet. I want some of my listed coins  cheaper.

I already started buying altcoins slowly even if market still looks unpredictable until we know the final decision on bitcoin. I just want to make sure I am not too late buying cheaper top coins. They may do dipper but I still have balances to buy more. I have a feeling that altcoins gonna be flying soon.

There are big company's and banks trying to push the entire market down. They pay trolls to post fud on forums, bloggers and media to write articles creating panick in the market place. They predict low prices such as 1500 btc and 50 billion crypto market cap and are extremely successful at manipulating the market. There predictions come true because they made it happen exactly as planned. Now they can buy. The reality is that Bitcoin is getting an upgrade and 90% miners are already signaling for Segwit, there is no way devs and miners will let it split. This of course is all positive news and people should be buying as much as they can.

For me, I just buy and hold altcoins because I believe it will rise in the future. Yes price may go dipper and its a chance by anyone to grab just buy at a lower price.

That is right. I bought some recently. Good bargain.

That's always been the adage here. "Buy low, sell high". The last couple of days was a good bargain for most of us. Did you guys get some? The current trend has been all green now, I hope that everybody gets the chance to get while they are cheap. Still segwit2x is still at the back of all our minds so we really don't know what's the trend will be. Hoping that the price will go crazy once everything has settled down.

It started to get green now but it will still go down again as we are still approaching near bitcoin miners decision date. Did some some of you really believe there is a coming split? I am still positive that there won't be any split.

if you stare into the abyss, the abyss stares back at you

Bought right at the bottoms. Glad i did!  Thx to the sellers.

We are in a strong bullish trend. I doubt we will see 60b again. Whales collected already. Bitcoin segwit is going to be smooth, in august we will reach a new ATH.   Amen.






Antshares going be a rocketeer.

See the trend. Everything is changed in 1 day.  maybe they are again in panic now. they are trying to buy them back)
Dont forget to buy waves ) they are very cheap price.

Being a trader from long time both commodity , Equity recently crypto currency its common huge pump and dump Now a days market runs based on speculation like any good news gain bullish trend bad news gain bearish trend. Confusion also most of the time lead to bearish . THats what happening now.

A very expected thing for traders who have experience.
They found a way to collect more bitcoin. Even a few days ago segwit was very close and they dumped once more.
The price increased very fast. And many panic sellers could not have enough time to buy back.

Then they should not panic sells in the first place. The game has completely changed in the last 24 hours. Now, we are seeing a green. Bitcoin has bounce back again to ~$2800 and that was very quick. The BIP91 news triggered this panic buying and maybe those who sells at around ~1890 didn't think that bitcoin could recover this fast and now lost. Not enough time to buy back and can't buy because the price has dramatically changes. Myself was completely shock on how bitcoin and other altcoins recovered, that's why is better to hold on our coins and not panic sells.

The recovery is is faster than i imagined. We are just at the beginning of mass-adoption. We are the future. We hold and get rich.

The impact of their panic throw their coins, today they regret it. But will there be another dump until the end of July? If that happens again, set aside funds to buy a trusted altcoin. If you hesitate to exchange with bitcoin, do exchange with USD.

Remind me..

I am succesfull at buy in. But not that good at selling at the top.

It was one of the fastest jumps. So most people sold low could not buy lower.
Same story always. Tricking the ones that are scared.
They decided the trend. They made rumours and they pumped.

because you can't know the top, buying is cheaper after you see the dump because if you don't hit the bottom unless the coin is dying you can still do good at the next pump, and the bottom in the worst case i see is the one before the pump started, most of the time it's the price of a long stagnation phase

BTC is ready to start it's interstellar rally. The road to $4000 is ready. Soon we going to see our portfolios grow and altcoins coming back at place. panic sellers they will regret

4k bitcoin soon or later, it will happen.

Yes, it could be a trick, and ofcourse they will try to buy it cheaper but sometimes you have to play allong. I was able to buy back most of the altcoins i (panic)selled at a lower price.  


No one knows. You'll need a magic crystal ball to see whats going to happen in august.


As is stated, i was able to buy most of the altcoins i (panic)selled back for a much cheaper price. NO i was not sure i would be able to buy it cheaper, but it's a risk i was willing to take. This whole cryptocurrency trading thing is a huge risk.


Yes, EVERYONE including "THEY" want to buy cheap and sell expensive. Sometime you'll have luck and sometimes you'll lose.

most altcoins are recovering after dramatic loss. It will take weeks for some coins to be back at place. So, don't you dare to sell them while you in loss. Wait till the next crypto rally.

Depends which kind of trader are you. Day and swing traders most probably either take profits or take a cut loss as fast as they can. I would rather choose a long trade though as it don't need me to monitor every hour, less hassle and stress.

Actually i cant stop myself from checking so often. Even sometimes i check blockfolio at nights. But it is better not to touch them in loss. If you didnt buy a shit scam coin, they come back sooner or later.

Day traders make employee money and work employee hours. Holders make business owner money.

the only mistakes i made where emotional, im not rly a panic guy, but i tend to get bored or annoyed with projects and then i sell (never with loss) but sometimes with minimum profit, after i sell it goes 100-200% almost always.

so if you sell, dont let it be a mistake but a calculated choice

Bitcoin price was around 2250 USD when they paniced.
Now it is 4k+ USD and if they want to invest again they can buy only half bitcoin with the money they get.

And that's the thing that anyone should keep in mind. Yeah, altcoin market is pretty often and easily manipulated. There are numerous pump and dumps every day. But the important thing is that if you invested in an altcoin that you truly believe is worth it, then it won't die just like it if you'd done at least some brief research and decided it has a future. I mean there are many ICOs and stuff popping out everyday, there is no chance all of them survive out there on the exchanges and in our wallets. But some of them have that idea and particular goals, so it's not like all altcoins will disappear one day over night. Buy only the one that you feel are worth it and have any reason to exist and survive. And don't cry if you bought an easily speculated coin that has no real value, but is used by whales to make profit of it and runaway from this coin for good.

Actually its around $1900 when people panicked. But it gained around $2900 in matter of hours or days then now we are seeing it around $4000+ and I'm sure that those who panicked is now regretting for selling this bitcoin.

Of course I got worried but didn't panicked and just sell all my bitcoin. I just hold and if ever I wanted to dump, I will just let go of few and not all of my stash. Bitcoin now is too valuable and I don't want to miss the opportunity to make huge profit in the future that is why I don't panic sells.

It was also similar in previous summer. I dunno why but summer times are so hard to operate your crypto investments. And summer plus fork rumours caused this shit. I hope they could get their coins back.

People just selling their alts, cause they are scared of BTC. I think when btc is going to correct in the next days, we see some alt pretty hard pumping

Bitcoin would not be correcting too much at the given moment. Its only going to rise from here and all the altcoins which are really going is going to rise much more faster. So selling is not the solution its only the opportunity lose for them to make some money. Instead one should be investing in btc and altcoin from now to get some quick gains.

You are right they are regretting probably. Actually the ones who exchanged their alrcoins to bitcoin were the luckiest ones. Altcoins are still very low. And they got some BCC also. 
But the ones that exchanged their all cryptomoney to fiat, they lost really so much...

No, people wants to get the fast money, some times they trying to move to the bitcoin to trade for the short term. and you can see now a lot of the people already moved to the altcoin again, some coin gets pumped very hard right now such as adex and Monaco.

Remember about 3 4 months ago. There were a few cryptocurrencies that pumped harder than them everyday. I hope that bullish trend comes back so we all earn more money  ;D

Just stay positive! Anything is possible in the crypto world. Just believe in your coins and don’t give up on them just under panic or negative emotions. That time will return soon and we will be again enjoying grand profits. I wish too that soon all the coins again go in dumping phases.

I think that there's a lot of tricks in crypto trading that whales use to lure cheap coins from weak hands.

I'm a panic seller myself. Always sell too early and get less profit :(

I think it is better not to link your trading account with a bank. So that you can hold for the long term and do not sell for fiat.

A plan long trade does not mean you are holding some altcoins and wait the price of them reaches to your target, it is holder, not is trader! If you really want to start long trade, try start 1 demand order/week first, then continue with one month or three months (monthly and quarterly). Final, if you are big boy, 1 demand order/year still enough for give you good profit.  ;)

OP obviously youre right about the thoughts youre throwing at allthe panic sellers out there.. But still, the FOMO gets most of them.. and if its not the FOMO, its the "easy" way to jump aboard and get back in when the ship almost sank ...

But often people fail with the latter, so they just panic early to minimize their losses and exit

It is just a nature of trading after a huge dump, there is aways a new pump. I think people should stop panic when price falls them and be patient a little bit to wait and hold a little.

It is so strange, either it is weak hands or a really smart strategy! No-one knows, might be some whales into it

Peoples were selling both BTC and alts due to the events in the most populated country in the world,was certainly a dramatic fall in some sense,the news dropped as a tsunami over crypto.

I also sell 50% of my bitcoin for the securing my investment and the remaining 50% were still holding into my wallet for the reasons of believing into bitcoin ability to survive. Moreover, I cannot sell my altcoins because I assume that after this banning of ICO's in China it will increase again and if my speculation happen that is my chance to sell all of my altcoins.