Antoshka
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November 29, 2016, 09:23:50 PM |
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You can not panic. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.
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StarofBTC
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December 01, 2016, 08:17:33 AM |
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You can not panic. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.
Yes, panic selling of your assets at unfavorable prices may lead to huge losses example when the bitfinex hacked my friends started panic selling even I suggested not to do so but they sold for the loss of some $50 to $100 with the intention of preventing further losses but bitcoin prices not slipped below $500 levels. Hope we will never face such kind of situation again.
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madwica
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December 01, 2016, 08:46:05 AM |
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You can not panic. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.
Agree that you do not need to be panic in your investment because this is not healthy if you do panic selling it will result to depression if the price would go back higher but you sell it in lower price. Much better to set a time for your investment and price if the price reach it already that's the right time to sell.
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Pursuer
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Where is my ring of blades...
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December 01, 2016, 09:38:53 AM |
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You can not panic. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.
Yes, panic selling of your assets at unfavorable prices may lead to huge losses example when the bitfinex hacked my friends started panic selling even I suggested not to do so but they sold for the loss of some $50 to $100 with the intention of preventing further losses but bitcoin prices not slipped below $500 levels. Hope we will never face such kind of situation again. there are two different types of selling in situations like that. - one is when you sell while price is going down in order to buy back more at the bottom. and for this you need to predict an upcoming panic sell and act quickly to sell while price is still high. in your example it would be selling at $600 - the other is when price has already gone down and idiots who sell after the drop and when everything settles. these people are always late and panic late also. they sell (in your example) at bottom $550 and then buy at $600 when the price goes back up again because they panic again this time fear of missing out.
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Only Bitcoin
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diodio5
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December 01, 2016, 09:47:22 AM |
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You can not panic. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.
I think the panic is a natural thing happens to every user, because all users know the inherent risks in bitcoin, fluctuations make everyone always alert when the price drops, of course patience must also be held so that no one panicked
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X-ray
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December 01, 2016, 09:54:02 AM |
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You can not panic. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.
I think the panic is a natural thing happens to every user, because all users know the inherent risks in bitcoin, fluctuations make everyone always alert when the price drops, of course patience must also be held so that no one panicked definitely natural thing and human's nature but, if they can control their psychologist and not just selling when the price falling immediately and a little bit then they will could maximize their opportunity to make higher profit than usual. the panic selling also one factors amongst many that make some price of altcoin dropped so fast whilst it actually don't need to
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1Referee
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December 01, 2016, 09:59:13 AM |
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I think the panic is a natural thing happens to every user, because all users know the inherent risks in bitcoin, fluctuations make everyone always alert when the price drops, of course patience must also be held so that no one panicked
Definitely not to everyone. If you look at how solid traders are performing, then you'll know how happy they are with panic selling from weak hands. Panic selling doesn't mean the price only goes down in one straight line. At the time the price is being dumped down, you'll see short price increases created by people buying themselves into Bitcoin, where after that this whole cycle repeats itself several times a day. It means money in the bank for traders. If you don't know how to use the panic of others in your advantage, then the best option for you would be to wait on the side line till the market calms down again. Otherwise you'll end up selling in panic, and buying back your coins at a premium at the time the price goes up again.
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blackmachinegun
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December 01, 2016, 10:39:22 AM |
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You can not panic. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.
Agree that you do not need to be panic in your investment because this is not healthy if you do panic selling it will result to depression if the price would go back higher but you sell it in lower price. Much better to set a time for your investment and price if the price reach it already that's the right time to sell. you should know that the price fluctuations in the bitcoin is a natural thing, when the price of bitcoin down you do not need to panic you should know that it is a natural thing and certainly that bitcoin prices will surely rise and fall
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Dr.Osh
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www.licx.io
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December 01, 2016, 01:02:12 PM |
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Well, the price of bitcoin in preev.com currently reaches $ 750, even this will probably continue to grow. This bitcoin price increases continue to occur, although the increase is very slow. Well, because of this, many bitcoin users who think that the price of bitcoin might actually be $ 800 or more at the end of the year. so, it makes people into panic selling
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deisik
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December 01, 2016, 01:12:23 PM |
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Well, the price of bitcoin in preev.com currently reaches $ 750, even this will probably continue to grow. This bitcoin price increases continue to occur, although the increase is very slow. Well, because of this, many bitcoin users who think that the price of bitcoin might actually be $ 800 or more at the end of the year. so, it makes people into panic selling
In fact, the $750 mark is a strong resistance level with high selling pressure. Price has touched it a few times in previous weeks and even went a little above that for a short time, but it still couldn't consolidate at this level and then went down. If it breaks through, the next strong resistance would obviously be at $800 per coin. But if it fails to get past $750 now, people may get disappointed... And Bitcoin price might drop to or even below $700 by the end of the year
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pitham1
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December 01, 2016, 04:12:23 PM |
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Well, the price of bitcoin in preev.com currently reaches $ 750, even this will probably continue to grow. This bitcoin price increases continue to occur, although the increase is very slow. Well, because of this, many bitcoin users who think that the price of bitcoin might actually be $ 800 or more at the end of the year. so, it makes people into panic selling
In fact, the $750 mark is a strong resistance level with high selling pressure. Price has touched it a few times in previous weeks and even went a little above that for a short time, but it still couldn't consolidate at this level and then went down. If it breaks through, the next strong resistance would obviously be at $800 per coin. But if it fails to get past $750 now, people may get disappointed... And Bitcoin price might drop to or even below $700 by the end of the year We seem to have crossed $750 and stayed over there for the better part of a day now. If it stays here for a bit longer, we might see solid support developing at this level (similar to what we have at $730). And then, we just have to wait for further appreciation. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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deisik
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December 01, 2016, 04:44:49 PM |
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Well, the price of bitcoin in preev.com currently reaches $ 750, even this will probably continue to grow. This bitcoin price increases continue to occur, although the increase is very slow. Well, because of this, many bitcoin users who think that the price of bitcoin might actually be $ 800 or more at the end of the year. so, it makes people into panic selling
In fact, the $750 mark is a strong resistance level with high selling pressure. Price has touched it a few times in previous weeks and even went a little above that for a short time, but it still couldn't consolidate at this level and then went down. If it breaks through, the next strong resistance would obviously be at $800 per coin. But if it fails to get past $750 now, people may get disappointed... And Bitcoin price might drop to or even below $700 by the end of the year We seem to have crossed $750 and stayed over there for the better part of a day now. If it stays here for a bit longer, we might see solid support developing at this level (similar to what we have at $730). And then, we just have to wait for further appreciation. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I use the Coinbase chart, and we are at $751.20 at the moment. But we have been at around 753 just ten days ago and then went down to about $725. Just in case, at BTC-e the price right now is sticking around $743.77. So it is still unclear if we are going to trend higher than $750 in the longer term. It is already the forth attempt during the last 30 days to break above $750... The next few days will be crucial
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mastica
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December 01, 2016, 05:52:37 PM |
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Usually the panic selling does happens at the altcoins or bitcoin when the price does change too fast, in the middle of the pump several people dump their coins, those is nothing else then some people getting back their investment with profit. Bitcoin wont cross the 750 dollars this year, there is nothing to make such pression into the value, bitcoin were supost to be traded at 600 dollars max, currently we are very above those, soo a dump should occur.
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Sanekavg13
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December 01, 2016, 07:55:55 PM |
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Sometimes panic very negative effect on the general course cryptocurrency. So if you decide to engage in investment activity, it is necessary to have patience and nerves of steel
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juras54
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December 02, 2016, 12:55:26 AM |
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panic sell on the contrary it is necessary to buy and sell at least on the rebound, or to keep for a long time
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bL4nkcode
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December 02, 2016, 01:00:45 AM |
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With this current value 755 USD, I guess there are some people this time that were totally panick selling, and of course as a cycle will buy again because it will dump for sure. But its really great that price now become stable than last months @700 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Japinat
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December 02, 2016, 02:19:48 AM |
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With this current value 755 USD, I guess there are some people this time that were totally panick selling, and of course as a cycle will buy again because it will dump for sure. But its really great that price now become stable than last months @700 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) People will sell but it's not going to be a panic selling, though the price is already high now it can still rise before the end of the year. It has been very stable so far and I can say there would be no more price fall back that's going to happen at least this year. Investors should have a great christmas as it's profitable so far this year.
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ipanks
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December 02, 2016, 03:17:16 AM |
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You can not panic. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.
but this is really happen in market when many traders see that the price is going down or going up. many of us can not controlled our feeling of panic so its giving a bad effect for our trading and we can not make profit but only get loss because we make cut loss fast before we realize that is just down for a second and then the price is going up for sure.
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Positid
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December 02, 2016, 05:24:12 AM |
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You can not panic. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.
but this is really happen in market when many traders see that the price is going down or going up. many of us can not controlled our feeling of panic so its giving a bad effect for our trading and we can not make profit but only get loss because we make cut loss fast before we realize that is just down for a second and then the price is going up for sure. That's why many of us fell to hold our assets in the long as we do panic when the price fall badly, but it's a different scenario for bitcoin as it is its nature to pump and dump, just hold tight when you see that because it will just measure how deep your trust with bitcoin. Remember, most of the successful are those who are holding in the long run.
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n0ne
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December 02, 2016, 05:26:26 AM |
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You can not panic. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.
but this is really happen in market when many traders see that the price is going down or going up. many of us can not controlled our feeling of panic so its giving a bad effect for our trading and we can not make profit but only get loss because we make cut loss fast before we realize that is just down for a second and then the price is going up for sure. Panic selling happens often with bitcoin, most of the time users make selling when continuous price increase starts after a short time price staggering within limited range. Possibly every panic selling gets a sudden increase in price.
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