panic selling

[pacifista]

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,?

Thats not enough to make bitcoin fall,if someone dumps the price will only go down just little and make bitcoin go strong and make the price go higher.

[Caladonian]

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,?

Thats not enough to make bitcoin fall,if someone dumps the price will only go down just little and make bitcoin go strong and make the price go higher.

It will create big panic for sure but it will not harm the price totally it will just give other investors to hold much bigger bag holdings i still believe that those who will hold longer will surely profits from this investment no need to panic.

[Positid]

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,?

Thats not enough to make bitcoin fall,if someone dumps the price will only go down just little and make bitcoin go strong and make the price go higher.

The dump that we can witness depends on the certain situation, if the dump has no good reason it could be a manipulated price and most likely the price will back up after a certain period, we have to wait for that opportunity if we trust bitcoin and buy cheap bitcoins that we can sell in a short term for easy profit.

[blackmagician]

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,?

Thats not enough to make bitcoin fall,if someone dumps the price will only go down just little and make bitcoin go strong and make the price go higher.

It will create big panic for sure but it will not harm the price totally it will just give other investors to hold much bigger bag holdings i still believe that those who will hold longer will surely profits from this investment no need to panic.

I think the only way for bitcoin to go down ,is when exchanger colllapse or being hacked and all the btc were stolen. But dumping will not make bitcoin price to go down.

[deisik]

I've seen a lot of people talk about investing in bitcoin alts and I even read about it in forbes and fortune magazine online so im sure they'll be plenty of oppertuinitiees coming for me. I think the trick is finding the good ones and hopefully over time i'll get a knack for it. How long did it take you to become a great trader?

If you ask me, I'm not a great trader at all. Moreover, I'm strongly inclined to think that it is impossible to earn decent profits on a regular basis unless you have access to insider information, can front-run other traders' orders or otherwise milk the market. But you still can be more or less successful if you make a safe bet on the direction the market is going long term. For example, it is almost dead certain that most currencies are losing purchasing power faster than the US dollar. They are gradually devaluing every night and day, but exchange rates more often than not move in huge swings (many percentages within a few days) and then stick around some average value for months. You can use that to your advantage. So if you are not a US citizen, you can buy dollars with your local currency and just wait till the trend reveals itself. In the interim, you can do cost averaging by buying and selling part your stash...

The same is fully applicable to Bitcoin, by the way

[X-ray]

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,?

Thats not enough to make bitcoin fall,if someone dumps the price will only go down just little and make bitcoin go strong and make the price go higher.

The dump that we can witness depends on the certain situation, if the dump has no good reason it could be a manipulated price and most likely the price will back up after a certain period, we have to wait for that opportunity if we trust bitcoin and buy cheap bitcoins that we can sell in a short term for easy profit.

In altcoin dumping doesn't need reason, when the coins price seems to fall people will also follow the current trends and whether the price can recover or not it's all depend on the traders. if they seek potential on it after price falling then they might buy it expecting price rising. most of coin which can recover is the one which having quite big trading volume whilst the rest hardly to recover

[OrangeII]

I think this time, panic selling stopped again. Well, it was characterized by stable prices bitcoin today. perhaps, the 15th of December or the passing of that date, there will be panic selling and making bitcoin price becomes $ 800. the current price increase bitcoin happen quite slowly, so, I feel that bitcoin prices will be stable in a little time, before panic selling occurs

[freedomgo]

I think this time, panic selling stopped again. Well, it was characterized by stable prices bitcoin today. perhaps, the 15th of December or the passing of that date, there will be panic selling and making bitcoin price becomes $ 800. the current price increase bitcoin happen quite slowly, so, I feel that bitcoin prices will be stable in a little time, before panic selling occurs

There will be no panic selling yet since the price movement of bitcoin is increasing, time now to buy and hold more as who knows if the the price increase will continue then we will gain more profit when the right time will come to sell our bitcoins.

[BTCnoobTard]

I've seen a lot of people talk about investing in bitcoin alts and I even read about it in forbes and fortune magazine online so im sure they'll be plenty of oppertuinitiees coming for me. I think the trick is finding the good ones and hopefully over time i'll get a knack for it. How long did it take you to become a great trader?

If you ask me, I'm not a great trader at all. Moreover, I'm strongly inclined to think that it is impossible to earn decent profits on a regular basis unless you have access to insider information, can front-run other traders' orders or otherwise milk the market. But you still can be more or less successful if you make a safe bet on the direction the market is going long term. For example, it is almost dead certain that most currencies are losing purchasing power faster than the US dollar. They are gradually devaluing every night and day, but exchange rates more often than not move in huge swings (many percentages within a few days) and then stick around some average value for months. You can use that to your advantage. So if you are not a US citizen, you can buy dollars with your local currency and just wait till the trend reveals itself. In the interim, you can do cost averaging by buying and selling part your stash...

The same is fully applicable to Bitcoin, by the way

Well Deisik. I think if I buckle down and focus on learning I can be one of the professional traders that make a living doing this. I just need to find the right text books aka right threads. I want to invest in many btc altcoins because they seem to have the biggest growth. Look at eth and xmr as examples.
If I can just find 1 or 2 investments like that each year it could make for a very profitable trading year.

Do you have any sources you use regularly that may be of assistance to a new trader like me?

[BellaBitBit]

There are too many people and different organizations in Bitcoin now for a large dump of coins to affect it, IMO.  Maybe a couple years ago this would happen but I do not see that now.  I foresee panic buying in the future, rather than selling.

[richmcrich]

There are too many people and different organizations in Bitcoin now for a large dump of coins to affect it, IMO.  Maybe a couple years ago this would happen but I do not see that now.  I foresee panic buying in the future, rather than selling.

I wish you must be wrong.
In past when bitcoin has few number of adopters, panic selling must have brought big impacts.
Fortunately now we are having more number of bitcoin adopters, there will not be any possibilities for big dumb even with panic selling. Yes there will be no chances for more number of bitcoin user to get panic and to sell bitcoins at a time.

[deisik]

Do you have any sources you use regularly that may be of assistance to a new trader like me?

It doesn't work the way you think it should. I perfectly understand what you are feeling, and believe me, if you have spare money which you want to invest and it amounts to a few thousand dollars (or even more than that), you'd better put 99% (well, let it be 90%) of it on a deposit account in a decent bank so that you won't regret losing it later. With the remainder you can start trading or investing...

There is a great wisdom in the saying that you should never invest what you can't lay to rest

[BTCnoobTard]

Is there a thread also for panic buying. I see people calling it foumo.

[pealr12]

Is there a thread also for panic buying. I see people calling it foumo.

Yes there is,you check this in this section about that thread you are looking for.
It seems there no panic selling even though the bitcoin price is high.  I think they will hold thier bitcoins until next year for much higher profit.

[BlokF4No27]

With the trend of the price of the bitcoin always up, never in a hurry to sell bitcoin. a simple example is the year 2016, after halving day price bitcoin dropped, but now it has gone up again.

[Japinat]

With the trend of the price of the bitcoin always up, never in a hurry to sell bitcoin. a simple example is the year 2016, after halving day price bitcoin dropped, but now it has gone up again.

The price is very consistent when it started to increase the previous month, I really feel we will be closing this year with a nice price for the long term investors. Panic selling will not happen at least with the present market movement, there's more room to grow for success so instead of thinking to sell just control your emotion and be discipline to wait for a greater price.

[BTCnoobTard]

Is there a thread also for panic buying. I see people calling it foumo.

Yes there is,you check this in this section about that thread you are looking for.
It seems there no panic selling even though the bitcoin price is high.  I think they will hold thier bitcoins until next year for much higher profit.

kk thanks dude. checking that out now. and yeah. no one selling bitcoin this year not when this is happening.

[BTCnoobTard]

Is there a thread also for panic buying. I see people calling it foumo.

Yes there is,you check this in this section about that thread you are looking for.
It seems there no panic selling even though the bitcoin price is high.  I think they will hold thier bitcoins until next year for much higher profit.

I found it but its locked  im going back to read it now but a good thread like that needs to be unlocked for good conversation and fun times.

[Shenzou]

If people start seeing the price drooping and start selling this will lead to a huge drop in the bitcoin price , and this might be a strategy for many people and it is to convince people that the bitcoin is dying and try to make them sell so the price might go down so they can buy it at a lower price than it is today, and this shows you how much of a risky thing to have bitcoin.

[agamasrori]

If people start seeing the price drooping and start selling this will lead to a huge drop in the bitcoin price , and this might be a strategy for many people and it is to convince people that the bitcoin is dying and try to make them sell so the price might go down so they can buy it at a lower price than it is today, and this shows you how much of a risky thing to have bitcoin.

Bitcoin spreading and circulation is not good enough, so I think when the hoarder do panic selling, people have to follow. Becouse you are right, this is such as strategy that you have to follow, so you will suffer financial lost.