panic selling

[Doamader]

Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.

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[Zadicar]

We are long past the days of selling bitcoins in a panic, though the world has not yet adopted it, the relatively few adopters have come to trust the system.

i hope you are right but people are still panic selling their bitcoins form time to time in order not to lose their money if the price is going to be dumped

If you see prices are going down than it is good practice to sell any product which you already made some profit and can buy later at a lower price instead just keep looking at prices. I also usually follow this method and save I only small amount of BTC for long term appreciation. I sold most of my BTC above 670 level and waiting to start accumulate around 600.

It is difficult to get the timing right. So I do not trade the bitcoins. I just buy the bitcoins when the price is low and then hold.

well the timing is just about your luckyness and your talent to analyze the current trends whether it's buying or selling and news could affect the price very much,and your method seems just useful if the price rising so much than when you buy the bitcoins in low price

So I think it is better just to buy and hold the bitcoin for the price rise in the long term. We just have to be patient.

Yes let us just be patient and wait for its price to rise.  And if it hits our target price and contented with it we could sell it.  Panic selling is a no no if we want to have a high profit in btc. It is like we are not certain and doubting on what bitcoin can do.  I know that future of bitcoin can takes us to the place where we all want to be.

Having patience and waiting for the right time would give you definitely a good reward since as we all know  the bitcoins  potential to have a good future. There no need for panic selling since its normal for bitcoin to fluctuate its price because of some circumstances thats why the price had move a little bit low but after that you must expect a gradual increase.

[anthonydar]

Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.

That could be right. I think the price is kept low so that the whales can accumulate more bitcoin at present.

[pooya87]

Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.

That could be right. I think the price is kept low so that the whales can accumulate more bitcoin at present.

that is right, the price was kept low with all the big sell walls that whales put up back when it was rising, you could see it at big exchanges at the time. and now everybody seem to be happy about this price because they can buy at a low price and accumulate more.

[dunfida]

Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.

That could be right. I think the price is kept low so that the whales can accumulate more bitcoin at present.

that is right, the price was kept low with all the big sell walls that whales put up back when it was rising, you could see it at big exchanges at the time. and now everybody seem to be happy about this price because they can buy at a low price and accumulate more.

These things is expected to be happen, some may panic selling there coins because  they see the bitcoins price drop drastically but for sure whales  would put up back as you said. Moslt of the bitcoin earners or investors would see this pricedrop as an opportunity to buy more.

[torrentheaven]

Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.

That could be right. I think the price is kept low so that the whales can accumulate more bitcoin at present.

that is right, the price was kept low with all the big sell walls that whales put up back when it was rising, you could see it at big exchanges at the time. and now everybody seem to be happy about this price because they can buy at a low price and accumulate more.

These things is expected to be happen, some may panic selling there coins because  they see the bitcoins price drop drastically but for sure whales  would put up back as you said. Moslt of the bitcoin earners or investors would see this pricedrop as an opportunity to buy more.

People who don't have patience will start selling their coins when they see price dropping as they have feeling that it may go even lower in coming days.

[SmartIphone]

What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?

Since the 1st August crash I can say that the price hasn;t changed too much since that time but I would not count this as a panic selling as when this happen the price goes only down as it was in 29 July - 1 August but it didn't stay too long there and the price is more stable now but needs to be increased soon.

[doomloop]

Price is constantly ranging between $550 and 600. Panic selling is and will not happening.

What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?

Since the 1st August crash I can say that the price hasn;t changed too much since that time but I would not count this as a panic selling as when this happen the price goes only down as it was in 29 July - 1 August but it didn't stay too long there and the price is more stable now but needs to be increased soon.

[anthonydar]

What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?

Since the 1st August crash I can say that the price hasn;t changed too much since that time but I would not count this as a panic selling as when this happen the price goes only down as it was in 29 July - 1 August but it didn't stay too long there and the price is more stable now but needs to be increased soon.

The bitcoin price is actually dropping slowly after the Bitfinex restarted the trading. People are selling bitcoin to buy other coins.

[crossabdd]

when someone make a big dump and prices are falling. usually people take the opportunity when prices fall because it was cheaper and the price will be back to normal. This often happens when I make a trade. you can see the case lately about hackers bitfinex. when the price falls and prices recover slowly.

[universe_]

Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.

thats true, there is no more panic selling at the moment, i hope that the price is going to bounce back to 700 after people will see that the hack was just temporary and it is solved now

[iv4n]

When panic selling occur, price goes down cause supply become higher then demand. Recent example was with bitfinex exchanger, someone stole coins and started to dump them. Price fall for more then 100 $ down and that is how market works when panic selling is happening.
Even now we are not safe, who can say that all the coins are sold. And for what they are sold, for another alt currency, or some fiat, or someone bought real estate with that coins? People wish for anonymity, there you have anonymity good and bad people can hide behind anonymity.
We see that price is going up again, market is stable again and that is all what is important.

[mark coins]

Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.

thats true, there is no more panic selling at the moment, i hope that the price is going to bounce back to 700 after people will see that the hack was just temporary and it is solved now

Panic selling is still going on as price is going down so don't expect that people are buying at a moment as if that would be scenario then we would have crossed $600 by now.

[Crazygreek]

I think people saving bitcoins right now, cause when price is stable you will never know what will happen next, maybe price will increase and you selling will not be so profitable.

[oceanriver]

Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.

yeah, people get more and more confident with bitcoin at the moment so i think that panic selling is not happening any more, i hope that the price is going to bounce back soon

[Xester]

That is perhaps the reason why there is a sudden change of bitcoins price.  Many panicked that they want to sell their bitcoins while the price seems good for them and as a result price gets low.  If I am on their side, I also do not know what should I do. 

The bright side of this is, it is the best time for us to buy more bitcoins and wait for its time that its price will goes up again.

[passwordnow]

I am doing panic selling when I see the bitcoins price is going down that is why I am not getting good profit out of it. If you are going to wait a little bit longer you are going to earn better. Just don't panic like me, because I really feel sorry everytime I sell bitcoin on panic. You are going to earn better if you are not going to panic.

[relq]

I am doing panic selling when I see the bitcoins price is going down that is why I am not getting good profit out of it. If you are going to wait a little bit longer you are going to earn better. Just don't panic like me, because I really feel sorry everytime I sell bitcoin on panic. You are going to earn better if you are not going to panic.

I agree with you. When the price of bitcoin down, i also do the same like you, panic selling. Because i'm scare the price of bitcoin will decrease more, like the bitfinex hack tragedy.

[Mr. Big]

I am doing panic selling when I see the bitcoins price is going down that is why I am not getting good profit out of it. If you are going to wait a little bit longer you are going to earn better. Just don't panic like me, because I really feel sorry everytime I sell bitcoin on panic. You are going to earn better if you are not going to panic.

There is no wrong in what you are doing, that's just normal to come along with those who panic, but for sure, when you get age, the ups and downs of bitcoin price is not much of a problem... Besides, you will have big loss or bigger profit if you have big amount of bitcoin, that's the only time that you are going to feel it, but if it is small, nothing to worry... 

[Mauser]

Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.

I think so too. The bitcon Price is recovering from the $500 lows 2 weeks ago. As Long as Bitcoins remain above $500 we are good. No Point in Panic selling right now. Better to hold your coins and wait for higher Prices again.