panic selling

[pooya87]

I was also convinced that selling at $800 would be a good business, but I am realizing that it was actually a bad idea. However it is very usual in markets to wait for an expected correction after these eventual episodes of high volatility because of the people taking profits or motivated by panic to impulsively sell. But that also will be a new chance to enter the market in long for most realistic bitcoiners.

It BReaks the $1,000 barrier now and still going up. i was told to sell at $750 and sell my stash i should have earn an extra $250 if i waited 30 more days

it is your money and nobody cares about your money more than yourself. others don't care and in times they are even have some evil plans when they say sell or buy to others. you should start having your own mind instead of relying on others to tell you what to do or stay out of investing your money.

[Xester]

I was also convinced that selling at $800 would be a good business, but I am realizing that it was actually a bad idea. However it is very usual in markets to wait for an expected correction after these eventual episodes of high volatility because of the people taking profits or motivated by panic to impulsively sell. But that also will be a new chance to enter the market in long for most realistic bitcoiners.

Lessons learn, do not sell when the price is rising. Only do when the price is stable or dropping.

It is not even a problem to me and that is just as long as you think you already got profit out of the past price of bitcoins then that's fine. And let's just move on and wait for another chapter and wait again for the right time to sell it, just don't be greedy enough and you'll be fine at selling your bitcoins, don't feel sorry that you have sold it for lower way back then.

In my case I prefer buying bitcoins when the price is  dropping and never sell it if the price becomes more lower but wait for a significant increase, and just like you I'm selling my bitcoins if I can have profit but hold if there is none.

But since bitcoin just recently has never stopped increasing in value I changed my mind and I am planning to hold 1/2 of bitcoins in my wallet for a long run until December.

[mrbigmugs]

I was also convinced that selling at $800 would be a good business, but I am realizing that it was actually a bad idea. However it is very usual in markets to wait for an expected correction after these eventual episodes of high volatility because of the people taking profits or motivated by panic to impulsively sell. But that also will be a new chance to enter the market in long for most realistic bitcoiners.

Lessons learn, do not sell when the price is rising. Only do when the price is stable or dropping.

It is not even a problem to me and that is just as long as you think you already got profit out of the past price of bitcoins then that's fine. And let's just move on and wait for another chapter and wait again for the right time to sell it, just don't be greedy enough and you'll be fine at selling your bitcoins, don't feel sorry that you have sold it for lower way back then.

In my case I prefer buying bitcoins when the price is  dropping and never sell it if the price becomes more lower but wait for a significant increase, and just like you I'm selling my bitcoins if I can have profit but hold if there is none.

But since bitcoin just recently has never stopped increasing in value I changed my mind and I am planning to hold 1/2 of bitcoins in my wallet for a long run until December.

most of the people cannot receive any stress and having no well power, when people start selling their bitcoin they also start selling their bitcoin even with a low price and this really lead to panic selling.

[sportis]

This moment the preev price of bitcoin is about $1012 and the OPs question is more timely than ever. There are many people among them and I who I believe that a serious correction of btc is near to come. Moreover, there are people had as barrier to sell their coins at  $1000. Therefore are there any clues to think that maybe we have panic climate of the sellers

[crossabdd]

after buble bitcoin will be down again
lets make panic sell

[abel1337]

after buble bitcoin will be down again
lets make panic sell

it is depending on you if you want to sell now. Many of my friends sell their bitcoins today because they are waiting for the 1000$+ price of bitcoin. I did not sell my bitcoins not just like my friends because im hoping for a more higher price in the future.

[ufaiz50]

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,?

hug dump in bitcoin? You must have a lot of money (between 30%+- circulation bitcoin). has the effect of decreasing the price of bitcoin demand decreases

[agamasrori]

after buble bitcoin will be down again
lets make panic sell

it is depending on you if you want to sell now. Many of my friends sell their bitcoins today because they are waiting for the 1000$+ price of bitcoin. I did not sell my bitcoins not just like my friends because im hoping for a more higher price in the future.

Yes I am the same with you. I think panic selling in bitcoin/altcoin trading is so often. The trader really like to grow their amount of bitcoin there. That is why the fluctuation is really fast and significant.

[Omega Weapon]

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,?

It will only have an effect if someone with a significant number of coins did it, but at the current moment you can bet those coins are going to be bought immediately since the price keeps going up.

[pooya87]

after buble bitcoin will be down again
lets make panic sell

you are throwing random comments here without giving it any thought.
first educate yourself by learning what a bubble means in economics (www.investopedia.com/terms/b/bubble.asp) then look at some price charts for once and only after than start talking about bitcoin bubble and panic sell.

[raja2sumi]

No it will happen but it will be with 2 to 3 people and u know basically the price of bitcoins goes up and down .and chinese people will buy bitcoins to a lot extend and increase the price to the sky.

[Yesterdam]

No it will happen but it will be with 2 to 3 people and u know basically the price of bitcoins goes up and down .and chinese people will buy bitcoins to a lot extend and increase the price to the sky.

These Chinese are very rich.

[Mastsetad]

after buble bitcoin will be down again
lets make panic sell

Many people must have already done that after the price reached $1k, maybe not because they have panic but maybe because they have been waiting for a price like this from months and now when they got the chance they might did not want to lose it.
There can be people selling with panic, but they are less i guess as now a days everyone has faith in bitcoin.

[AUDREY23]

after buble bitcoin will be down again
lets make panic sell

Many people must have already done that after the price reached $1k, maybe not because they have panic but maybe because they have been waiting for a price like this from months and now when they got the chance they might did not want to lose it.
There can be people selling with panic, but they are less i guess as now a days everyone has faith in bitcoin.

likely occurrence of panic selling bitcoin because, while the selling price of bitcoin, high those who have bitcoin gang crowded sell bitcoin her, maybe they think if the price of bitcoin will go straight down, I think precisely because they trooped crowded directly sell bitcoin in large quantities that cause prices immediately dropped dramatically, understand the new system first marketnya can read bitcoin market so that we can know when it will rise and fall of prices

[just_Alice]

I was also convinced that selling at $800 would be a good business, but I am realizing that it was actually a bad idea. However it is very usual in markets to wait for an expected correction after these eventual episodes of high volatility because of the people taking profits or motivated by panic to impulsively sell. But that also will be a new chance to enter the market in long for most realistic bitcoiners.

It BReaks the $1,000 barrier now and still going up. i was told to sell at $750 and sell my stash i should have earn an extra $250 if i waited 30 more days

You don't need to regret what you've done but learn from it. there's no point of regretting something which was happened and you can't get back into that time. now if someone told you to sell on exact point of current rate then just believe what you will do because if you made a mistake because of that decision which was spoken by someone else the only one who get the effect is you not them

Especially now, when Bitcoin is around $800, which is far from $1,000. Nobody knows exactly when is the best time to buy BTC or when is the best time to sell. If you are going to regret such "mistakes" in the future you better say good bye to Bitcoin and switch to something else, less volatile.

[BossMacko]

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,?

Of course there is an effect in Bitcoin if someone do this. If someone dump a big amount of Bitcoin then price will surely go down, some will panic and will sell their Bitcoin also, Then another chance for the Whales to buy tons of Bitcoin then price will go up again. Repeat and Rinse Whales will always profit in Bitcoin.

[pealr12]

Whenever there is drop on the price of bitcoin they always think that this was made by a panic selling by holders..
Even they  dump huge amount of btc thats not a panic selling but a profit taking..

[jaysabi]

Whenever there is drop on the price of bitcoin they always think that this was made by a panic selling by holders..
Even they  dump huge amount of btc thats not a panic selling but a profit taking..

Panic selling and profit taking are not mutually exclusive. If you've already made a great deal of profit in the price run-up last year, and now you see the price dropping by 30% in two weeks since the recent highs, you can both panic sell and lock in your profits at the same time. Panic selling is certainly playing a role in the current price drop. I don't know of any asset that can withstand a 30% drop in short order and be immune from people dumping it in a panic, either to preserve profit that is still there or stop losses they've already suffered.

[Botnake]

Whenever there is drop on the price of bitcoin they always think that this was made by a panic selling by holders..
Even they  dump huge amount of btc thats not a panic selling but a profit taking..

Panic selling and profit taking are not mutually exclusive. If you've already made a great deal of profit in the price run-up last year, and now you see the price dropping by 30% in two weeks since the recent highs, you can both panic sell and lock in your profits at the same time. Panic selling is certainly playing a role in the current price drop. I don't know of any asset that can withstand a 30% drop in short order and be immune from people dumping it in a panic, either to preserve profit that is still there or stop losses they've already suffered.

That's expected given the recent skyrocket of price, it's not a good time to panic since the price will surely be back up. The percentage of drop is alarming if you are new in the crypto but with experience you can tell that it's normal and that normal thing can give you the opportunity to buy cheaper bitcoins.

[nasipadang]

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,?

I'm sure no one is brave enough to do this on bitcoin with bitcoin situation now high prices limited volume which will make offenders think twice about doing