Edraket31
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February 05, 2017, 02:22:42 PM |
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Never panic with in a hurry, look at market prices fall dramatically, if we directly sell large amounts of precisely that which would exacerbate the selling price, because that determines the rise and fall of its price it is the users themselves, we try to invest in term long if now can not sell the highest price when it yeah we just wait when it will come again just as in fact even be higher, because bitcoin its stock is limited, in a few years the price will be experiencing a trend that is different
Panic selling or in other aspect has nothing to do with our life, the successful person patiently wait for their right time to be rich or to earn, if we are afraid to hold our bitcoin for long and easy to sell just because the price goes down which is normal in any trading, then, nothing would happen in our life.
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MFahad
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February 05, 2017, 02:39:10 PM |
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I don't think it will happen panic selling cause of the current price for bitcoin. Just a few hours ago I saw it again hit 1000$. It happen on the new year. But there wasn't any panic selling, cause of the most people were calm and people expected bitcoin to rise even higher. I think this time it's gonna be repeated.
panic selling will occur when prices are high or prices drop very quickly and it makes users to panic. but when the price is stable as it is today. Panic seemed alternately will not happen The panic selling was when the price was 1000$ at start of this year. People thought it may not go further and drop considerably. It proof to be wrong. The bitcoin again above $1000 and this time people not selling as they believe now it will not drop. Next panic selling may be at 2000$.
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Red-Apple
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February 05, 2017, 02:40:51 PM |
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I think that many traders have set up stop-limit orders and in this kind of situation it starts the domino effect when one order tiggers another resulting in quick price drop and then panic selling
stop loss limit is one of the reasons but not all of it. because the stop loss percentage is always near the current price not so much deep. which means the rest of the panic sellings are manual and starts from whales dumping and then weak hands panic selling afterwards, fearing 0 price as always
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wildan88
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February 05, 2017, 03:06:54 PM |
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I don't think it will happen panic selling cause of the current price for bitcoin. Just a few hours ago I saw it again hit 1000$. It happen on the new year. But there wasn't any panic selling, cause of the most people were calm and people expected bitcoin to rise even higher. I think this time it's gonna be repeated.
panic selling will occur when prices are high or prices drop very quickly and it makes users to panic. but when the price is stable as it is today. Panic seemed alternately will not happen panic selling are people who don't have the knowledge or experience and did not know about the price movement by reading chart. like me who have no idea about anything and just go with the flow, therefore I always panic. but I have friends who are at least smart enough in analyzing, so I don't panic easily when buy or sell and currently I'm learning about it, so I do not depend to my friends and not easy to panic too.
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DocGTR
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February 05, 2017, 06:17:31 PM |
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I don't think it will happen panic selling cause of the current price for bitcoin. Just a few hours ago I saw it again hit 1000$. It happen on the new year. But there wasn't any panic selling, cause of the most people were calm and people expected bitcoin to rise even higher. I think this time it's gonna be repeated.
panic selling will occur when prices are high or prices drop very quickly and it makes users to panic. but when the price is stable as it is today. Panic seemed alternately will not happen panic selling are people who don't have the knowledge or experience and did not know about the price movement by reading chart. like me who have no idea about anything and just go with the flow, therefore I always panic. but I have friends who are at least smart enough in analyzing, so I don't panic easily when buy or sell and currently I'm learning about it, so I do not depend to my friends and not easy to panic too. You are very lucky that you have a good friend who can tell how to do. But there are people that do not have sales experience, so they start to panic if Bitcoin cheaper
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jaysabi
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February 05, 2017, 06:21:41 PM |
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Bitcoin is probably more susceptible to panic selling than stocks. In the stock market, you have many metrics from the company by which you can help determine what is an appropriate price, ranging from revenues to profits and everything in between. When the prices drop in stocks, you an mathematically determine if the price should be dropping based on changing fundementals or if the company has become less efficient so that the price should decline. With Bitcoin, large price drops always carry the risk that this is a new normal since there are no earnings or business underlying the price movements. This could lend to much more panicky investors since there's no way to judge whether the price movements are appropriate Panic selling may be a one-shot event and fatal at that For example, if it becomes known that the company whose stock is being traded is basically producing and selling air (like many "start-ups" of the DotCom era). I'm not engaged in trading stocks but I think there are 10(0) trash stocks per 1 worthy stock (if not more). Therefore, we can't just compare Bitcoin with stocks as such without specifying which stock specifically we are talking about. Indeed, IBM or Apple stocks are not as panicky as Bitcoin, but overall stocks are panicky as hell too. Really, if a company goes bust (which happens every other day), its stock becomes downright garbage, but what are the chances that Bitcoin is going to collapse beyond any hope? "Panic" selling in my mind has a value of irrationality to it. It's emotional, and not grounded in rational thought. The reasons you cited all wouldn't be panic selling to me because selling in each of those instances has a sound reasoning behind it. If a company were found to be "selling air" (which is fraud, mind you), it would not be panic selling to dump that stock immediately. That's rational to get out of a stock mired in fraudulent activity. Panic selling, at least when I use the term, is making a knee-jerk action to a limited amount of information. For example, you see a stock you own drop 20%, and you don't have any other information as to why. You immediately sell out of it. That's panic selling to me.
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Gameroid
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February 05, 2017, 06:34:04 PM |
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I don't think it will happen panic selling cause of the current price for bitcoin. Just a few hours ago I saw it again hit 1000$. It happen on the new year. But there wasn't any panic selling, cause of the most people were calm and people expected bitcoin to rise even higher. I think this time it's gonna be repeated.
panic selling will occur when prices are high or prices drop very quickly and it makes users to panic. but when the price is stable as it is today. Panic seemed alternately will not happen panic selling are people who don't have the knowledge or experience and did not know about the price movement by reading chart. like me who have no idea about anything and just go with the flow, therefore I always panic. but I have friends who are at least smart enough in analyzing, so I don't panic easily when buy or sell and currently I'm learning about it, so I do not depend to my friends and not easy to panic too. yes experienced people and professional traders do not take care of panic selling. they sticky follow their strategy and planing. they even remain farm on their decisions. and that is the reason that such people always succeeded.
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lusinda
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February 05, 2017, 07:18:30 PM |
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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,?
You described panic selling. The price will go down, but there are still a lot of experienced traders that use the situation and are able to raise the price via their buying power.
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deisik
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February 05, 2017, 07:27:07 PM Last edit: February 05, 2017, 08:33:05 PM by deisik |
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Bitcoin is probably more susceptible to panic selling than stocks. In the stock market, you have many metrics from the company by which you can help determine what is an appropriate price, ranging from revenues to profits and everything in between. When the prices drop in stocks, you an mathematically determine if the price should be dropping based on changing fundementals or if the company has become less efficient so that the price should decline. With Bitcoin, large price drops always carry the risk that this is a new normal since there are no earnings or business underlying the price movements. This could lend to much more panicky investors since there's no way to judge whether the price movements are appropriate Panic selling may be a one-shot event and fatal at that For example, if it becomes known that the company whose stock is being traded is basically producing and selling air (like many "start-ups" of the DotCom era). I'm not engaged in trading stocks but I think there are 10(0) trash stocks per 1 worthy stock (if not more). Therefore, we can't just compare Bitcoin with stocks as such without specifying which stock specifically we are talking about. Indeed, IBM or Apple stocks are not as panicky as Bitcoin, but overall stocks are panicky as hell too. Really, if a company goes bust (which happens every other day), its stock becomes downright garbage, but what are the chances that Bitcoin is going to collapse beyond any hope? "Panic" selling in my mind has a value of irrationality to it. It's emotional, and not grounded in rational thought. The reasons you cited all wouldn't be panic selling to me because selling in each of those instances has a sound reasoning behind it. If a company were found to be "selling air" (which is fraud, mind you), it would not be panic selling to dump that stock immediately. That's rational to get out of a stock mired in fraudulent activity. Panic selling, at least when I use the term, is making a knee-jerk action to a limited amount of information. For example, you see a stock you own drop 20%, and you don't have any other information as to why. You immediately sell out of it. That's panic selling to me And what does it change in practice? Some folks may freak out even if the stock goes down just a few percentages (why they are buying stocks in the first place is another question, though). I guess the very fact of buying trash stocks has already plenty of irrationality built in. If you were rational, you would most likely stay away from such stocks altogether (unless you have insider information, of course). People are eager to hope for something out of nothing (just look at ICOs), and when the stocks they have bought in mostly futile hopes of future hefty profits invariably crash, they panic sell them
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jaysabi
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February 05, 2017, 08:04:49 PM |
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Bitcoin is probably more susceptible to panic selling than stocks. In the stock market, you have many metrics from the company by which you can help determine what is an appropriate price, ranging from revenues to profits and everything in between. When the prices drop in stocks, you an mathematically determine if the price should be dropping based on changing fundementals or if the company has become less efficient so that the price should decline. With Bitcoin, large price drops always carry the risk that this is a new normal since there are no earnings or business underlying the price movements. This could lend to much more panicky investors since there's no way to judge whether the price movements are appropriate Panic selling may be a one-shot event and fatal at that For example, if it becomes known that the company whose stock is being traded is basically producing and selling air (like many "start-ups" of the DotCom era). I'm not engaged in trading stocks but I think there are 10(0) trash stocks per 1 worthy stock (if not more). Therefore, we can't just compare Bitcoin with stocks as such without specifying which stock specifically we are talking about. Indeed, IBM or Apple stocks are not as panicky as Bitcoin, but overall stocks are panicky as hell too. Really, if a company goes bust (which happens every other day), its stock becomes downright garbage, but what are the chances that Bitcoin is going to collapse beyond any hope? "Panic" selling in my mind has a value of irrationality to it. It's emotional, and not grounded in rational thought. The reasons you cited all wouldn't be panic selling to me because selling in each of those instances has a sound reasoning behind it. If a company were found to be "selling air" (which is fraud, mind you), it would not be panic selling to dump that stock immediately. That's rational to get out of a stock mired in fraudulent activity. Panic selling, at least when I use the term, is making a knee-jerk action to a limited amount of information. For example, you see a stock you own drop 20%, and you don't have any other information as to why. You immediately sell out of it. That's panic selling to me And what does it change in practice? Some folks may freak out even if the stock goes down just a few percentages (why they are buying stocks in the first place is another question, though). I guess the very fact of buying trash stocks has already plenty of irrationality in it built in. If you were rational, you would most likely stay away from such stocks altogether (unless you have insider information, of course). People are eager to hope for something out of nothing (just look at ICOs), and when the stocks they have bought in mostly futile hopes of future hefty profits invariably crash, they panic sell them High risk stocks carry the opportunity for high reward. That's not irrational; it's a question of your appetite for risk. If you're looking to take on a lot of risk in hopes of high gains, that's rational. But I am saying that my definition of panic selling necessitates an element of irrationality of thought. The things you listed, (selling out of a company that was found to be fraudulent, for example) would not be an irrational selling, so it would not be panic selling. For me, fast selling and panic selling are not synonymous. The differentiatior is whether or not there is a degree of rationality. Selling out of ICOs (or IPOs, or any stock holding for that matter) because the price is dropping (and solely without consideration of anything else) would fit my definition of panic selling. But selling out of an ICO (or anything else) because the price is dropping and you have no expectation that the coin or company serves any market function and the economic prospects are therefore impaired, would not be, because it's based on a rational investment thesis.
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ophyrim
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February 05, 2017, 08:51:01 PM |
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Panic sellings are good oportunity for buying some coins or shares at the low price. If you already have the coins which are selling it can be also an opportunity to buy for decrease the cost of your coins at total. But the prediction for the price at which you are going to buy isnot easy always.
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tabas
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February 05, 2017, 10:57:33 PM |
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Panic sellings are good oportunity for buying some coins or shares at the low price. If you already have the coins which are selling it can be also an opportunity to buy for decrease the cost of your coins at total. But the prediction for the price at which you are going to buy isnot easy always.
Yes it is a good thing for buyers because the supplies is becoming more in the market. But for holders this is frustrating that are hoping the price to keep on moving to skyrocket. If your a trader just take the advantage of buying when people are panic selling.
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deisik
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February 06, 2017, 08:38:41 AM |
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And what does it change in practice?
Some folks may freak out even if the stock goes down just a few percentages (why they are buying stocks in the first place is another question, though). I guess the very fact of buying trash stocks has already plenty of irrationality in it built in. If you were rational, you would most likely stay away from such stocks altogether (unless you have insider information, of course). People are eager to hope for something out of nothing (just look at ICOs), and when the stocks they have bought in mostly futile hopes of future hefty profits invariably crash, they panic sell them
High risk stocks carry the opportunity for high reward. That's not irrational; it's a question of your appetite for risk. If you're looking to take on a lot of risk in hopes of high gains, that's rational. But I am saying that my definition of panic selling necessitates an element of irrationality of thought. The things you listed, (selling out of a company that was found to be fraudulent, for example) would not be an irrational selling, so it would not be panic selling. For me, fast selling and panic selling are not synonymous. The differentiatior is whether or not there is a degree of rationality. Selling out of ICOs (or IPOs, or any stock holding for that matter) because the price is dropping (and solely without consideration of anything else) would fit my definition of panic selling. But selling out of an ICO (or anything else) because the price is dropping and you have no expectation that the coin or company serves any market function and the economic prospects are therefore impaired, would not be, because it's based on a rational investment thesis This seems to be a moot point But my point is that you can't easily tell the first from the second, while trash stocks (as well as most ICOs, for that matter) generally have more irrationality in them. It is so simply because expecting higher returns for higher risks is not rational itself (unless you are an insider). It is more like gambling, though unlike the latter when you (start to) lose you have a chance of constraining your losses by quickly selling out failing stocks in your portfolio
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Zadicar
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February 06, 2017, 08:55:48 AM |
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Panic sellings are good oportunity for buying some coins or shares at the low price. If you already have the coins which are selling it can be also an opportunity to buy for decrease the cost of your coins at total. But the prediction for the price at which you are going to buy isnot easy always.
Yes it is a good thing for buyers because the supplies is becoming more in the market. But for holders this is frustrating that are hoping the price to keep on moving to skyrocket. If your a trader just take the advantage of buying when people are panic selling. Wise traders would really do that thing and seeing the price of bitcoins to its lowest is really a great opportunity to them to make more money thats why they are just waiting for those who panic sell when others saw that bitcoins price is suddenly decreasing but they dont know that there are people are happy on those times.
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tech_solutions
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February 06, 2017, 08:57:33 AM |
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Panic sellings are good oportunity for buying some coins or shares at the low price. If you already have the coins which are selling it can be also an opportunity to buy for decrease the cost of your coins at total. But the prediction for the price at which you are going to buy isnot easy always.
Yes it is a good thing for buyers because the supplies is becoming more in the market. But for holders this is frustrating that are hoping the price to keep on moving to skyrocket. If your a trader just take the advantage of buying when people are panic selling. what you are telling is true that if the coin is worthy then when ever their is any panic selling it is worthy to buy it as it will bounce back when their is any good news, recently in liqui i have seen GNT coin price crashed from 3500 to 2200 as GNT was not listed in polonix and everyone started to dump it but i had bought some coins in 2300 range and today the price is back to 3000 as the coin is good it got dump due to panic selling by the day traders due to news of not listed in poloneix exchange.
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KuromaYoichi
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February 06, 2017, 09:55:14 AM |
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there's always panic selling, that will never change. It's the same as stocks, as soon as there's some rumour or bad news, people start panic selling. It's a defense mechanism just to prevent themselves from losing money. People should think wisely before selling their bitcoin.
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Babayega31
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February 06, 2017, 10:09:59 AM |
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There were people shaking their legs as they saw the bitcoin price drops and the fluctuation is very unstable, so that made them decide to sell and resulted to panic selling. They made a decision as to get back their invested profit so that they could make up their future loses, but its a wrong idea instead of selling the must wait for the big boom for bitcoim price which could be more profitable than selling it in panic.
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Mometaskers
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February 06, 2017, 10:25:16 AM |
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It's very natural to panic sell, especially you don't have enough money to begin with anyway. This is most of the time counterproductive, since a crash would mean prices would be cheap enough for others to buy more, making price go up again. If they simply think of bitcoin as a profit-making tool, then they shouldn't have invested money they're not willing to lose in the first place!
If I actually have a lot of money, I'd probably be waiting for those crashes to happen so I can buy in.
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BitHodler
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February 06, 2017, 10:28:35 AM |
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There were people shaking their legs as they saw the bitcoin price drops and the fluctuation is very unstable, so that made them decide to sell and resulted to panic selling. They made a decision as to get back their invested profit so that they could make up their future loses, but its a wrong idea instead of selling the must wait for the big boom for bitcoim price which could be more profitable than selling it in panic.
Basically everyone is waiting for that 'big boom' to happen, but the thing is that not many people can resist holding their coins without securing profits. It's simply too tempting to not sell for them. That's why it's important to have coins for short term investment purposes, and also for long term purposes. In case the price shoots up and you get tempted to sell some, then you can use a part of your short term coins. I do it like that as well. I get to benefit from the current price by securing profits, and I get to benefit as my long term investment grows in value. And if the price goes down again, I simply buy back.
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BSV is not the real Bcash. Bcash is the real Bcash.
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boyptc
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February 06, 2017, 12:58:12 PM |
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there's always panic selling, that will never change. It's the same as stocks, as soon as there's some rumour or bad news, people start panic selling. It's a defense mechanism just to prevent themselves from losing money. People should think wisely before selling their bitcoin.
That makes the economy of bitcoin balance and that is not just happening in bitcoin because even in real life that's happening. When someone starts a false news about bitcoin's will be replaced by another coin or its price will never go up that can lead to panic selling. And it's not new, that people that are doing that are newbies.
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