panic selling

[mega]

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,?

Never panic in the trading of all there will be no time when prices fall too there are times when the price will go up again so do not ever panic in play bitcoin
enjoy

it depend if the panic selling is legit because of a internal problem of bitcoin and not because of a bad news, if bitcoin go out with a flaw or whatever, following a panic selling might save your money otherwise not, it all depend on the condition

Well let's state first that panic selling is normal human behaviour, and while most of the time it may be a bad decision to panic selling, having worked with stop loss orders saved me quite some money. Because you can enter at a lower level.

When price went down in the past people got panic and started to sell their coins at lower price and big whales took an advantage of buying them at cheaper rate but now I don't think that people will get panic even if the price goes down as people are well aware that bitcoin has potential to bounce back and that has been proved by bitcoins many times so people should have patience to hold their bitcoins tight and if people lack patience then they are at a wrong place.

[Coinonat]

yes of course there will be very bad effect in form of price drop.

[ophyrim]

This happens all days, people trade all day, all crypto currencies, bitcoin always has the biggest ammount, even with some altcoins showing up like dash. Im pretty sure on the next days a dump will come at bitcoin like what happened ad January, because at the moment there arent any news to impact the bitcoin price, besides the wish of people to see bitcoin breaking walls.

Yes, I also think that soon the price of Bitcoin decline slightly. That's when we all see a lot of hysterical people who will sell all of its assets

It's possible to decline because that is how the market behave, but the question is, does it cause a panic selling?
My opinion is not, people already given their trust with bitcoin and they know how strong it is, if the fact that it will fall we already expected it to rise again. Hence, if you sell and panic, you will not take the opportunity to grow your money.

Many people know about bitcoin now. They want to buy some. So even if there is some decline, that will not be too deep.

You are right man, the panic sell is the opportunity to buy some cheap bitcoin. We will see at the 11 march. If the decision on bitcoin ETF is negative there will be a panic sell. To buy or not to buy is your decision.

[tripplewarz]

This happens all days, people trade all day, all crypto currencies, bitcoin always has the biggest ammount, even with some altcoins showing up like dash. Im pretty sure on the next days a dump will come at bitcoin like what happened ad January, because at the moment there arent any news to impact the bitcoin price, besides the wish of people to see bitcoin breaking walls.

Yes, I also think that soon the price of Bitcoin decline slightly. That's when we all see a lot of hysterical people who will sell all of its assets

It's possible to decline because that is how the market behave, but the question is, does it cause a panic selling?
My opinion is not, people already given their trust with bitcoin and they know how strong it is, if the fact that it will fall we already expected it to rise again. Hence, if you sell and panic, you will not take the opportunity to grow your money.

Many people know about bitcoin now. They want to buy some. So even if there is some decline, that will not be too deep.

You are right man, the panic sell is the opportunity to buy some cheap bitcoin. We will see at the 11 march. If the decision on bitcoin ETF is negative there will be a panic sell. To buy or not to buy is your decision.

There are people that are specifically provoke panic but you need time, and do not need to wait for a specific date. The first thing to ignore and believe in bitcoin.

[cryp24x]

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,?

Such dumps can be done only in altcoins in which marketcap is low.Bitcoin cannot be dumped easily as its market cap is very high.But the only people who could dump bitcoin now is chinese as they hold lots of bitcoins due to big mining farms.We just saw that effect two months before when chinese bitcoin holders sold their bitcoins due to PBOC actions.

If you look at bitcoin history maybe you need to think again.  Dumps can happen to any market.  Especially when a whale wanted to exit.  We cannot remove the fact that in every trading market, there is always whales who have influence and have a huge holdings that whenever he planned to exit can cause a massive dump to the market.  Bitcoin is no exemption.  When weak hand saw this, they are quickly shaken and thus resulting for further dump.

[ophyrim]

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,?

Such dumps can be done only in altcoins in which marketcap is low.Bitcoin cannot be dumped easily as its market cap is very high.But the only people who could dump bitcoin now is chinese as they hold lots of bitcoins due to big mining farms.We just saw that effect two months before when chinese bitcoin holders sold their bitcoins due to PBOC actions.

If you look at bitcoin history maybe you need to think again.  Dumps can happen to any market.  Especially when a whale wanted to exit.  We cannot remove the fact that in every trading market, there is always whales who have influence and have a huge holdings that whenever he planned to exit can cause a massive dump to the market.  Bitcoin is no exemption.  When weak hand saw this, they are quickly shaken and thus resulting for further dump.

You are right the patience and cold bloodiness will always win. People who try to trade in the markets have to learn these two abilities. Sometimes is not easy, but it is necessary.

[lilit]

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,?

Such dumps can be done only in altcoins in which marketcap is low.Bitcoin cannot be dumped easily as its market cap is very high.But the only people who could dump bitcoin now is chinese as they hold lots of bitcoins due to big mining farms.We just saw that effect two months before when chinese bitcoin holders sold their bitcoins due to PBOC actions.

If you look at bitcoin history maybe you need to think again.  Dumps can happen to any market.  Especially when a whale wanted to exit.  We cannot remove the fact that in every trading market, there is always whales who have influence and have a huge holdings that whenever he planned to exit can cause a massive dump to the market.  Bitcoin is no exemption.  When weak hand saw this, they are quickly shaken and thus resulting for further dump.

You are right the patience and cold bloodiness will always win. People who try to trade in the markets have to learn these two abilities. Sometimes is not easy, but it is necessary.

In the first place, conducting financial transactions, you need to have self-confidence and firmness of their intentions. Personal knowledge of the business can be silent, because they have to be one hundred protsentovye. A panic is the lot of beginners and those who have little interest in this matter.

[lordquanta]

Looks like bitcoin is stagnated around 1270$ . Minor dump is observed but it was quickly recovered with the another pump. 

[jaysabi]

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

Whether you can tell easily or not whether something is panic selling has no effect on whether it's actually panic selling

Higher reward for higher risk is the cornerstone of capitalism. It's not only rational, it's beyond question. Why do risky borrowers have to pay higher interest rates? Because the higher risk demands a higher potential return on the investment by the lender. Expecting higher returns for higher risk is exactly why people invest in riskier assets. It's the epitome of rationalism. You can sell out of a risky investment to pare losses, and it can be either a panic sell or it could not be a panic sell. The determinant is whether you're doing so emotionally (irrationally) or with a clear head (rationally). Just because something is irrational doesn't make it ultimately wrong. You could save yourself money by acting irrationally and still have the action be irrational because of the motivation that drove it. I suppose that's how my definition of panic selling differs from yours. The sole qualifier is the motivation for the sell, not the degree or risk of the investment.

You are contradicting your own claims

At first, you say that it is entirely determined by your attitude in respect to how you are selling, i.e. whether you are selling in panic or not, and then you basically proceed to claim that this is irrelevant since this cannot be used as yardstick (or determinant, in your speak). But what can then be? Maybe, I'm missing something in your logic. Regarding higher rewards for higher risk being the cornerstone of capitalism, that has nothing to do with capitalism as such. If you are gambling and getting just that (i.e. higher rewards for higher risks) does it mean that it is capitalism too? Apart from that, irrational simply cannot be judged in terms of wrong and right. It is just irrational. In fact, I just say that higher rewards coupled with higher risk have more irrationality built in. I don't say that anyone can't actually get these rewards in the end

The point on reward:risk was only that expecting higher return on a riskier investment is by definition not irrational, as that is 1) logical and 2) the underpinning of capitalism. Expecting a lower return on a riskier investment would be irrational. The degree of risk solely does not determine rationality; rationality can only be determined as a function of risk and reward (in this specific context).

Any contradiction in regards to my other point on panic selling is a function of evolving my own definition on the matter as you've given me new points to consider.

[lionheart78]

This happens all days, people trade all day, all crypto currencies, bitcoin always has the biggest ammount, even with some altcoins showing up like dash. Im pretty sure on the next days a dump will come at bitcoin like what happened ad January, because at the moment there arent any news to impact the bitcoin price, besides the wish of people to see bitcoin breaking walls.

Yes, I also think that soon the price of Bitcoin decline slightly. That's when we all see a lot of hysterical people who will sell all of its assets

It's possible to decline because that is how the market behave, but the question is, does it cause a panic selling?
My opinion is not, people already given their trust with bitcoin and they know how strong it is, if the fact that it will fall we already expected it to rise again. Hence, if you sell and panic, you will not take the opportunity to grow your money.

Many people know about bitcoin now. They want to buy some. So even if there is some decline, that will not be too deep.

Honestly buyers want to get cheap bitcoin, maybe they should gamble and wait after the ETF  approval.  If it is disapproved then they can buy Bitcoin from holders that will dump their Bitcoin and hope that whales will take advantage of it to pull the price further down .  And if it is approved they can start panick buying since price will start to soar after the approval.  I believe even buying after the decision , approved or disapproved is still the best timing.

[Snorek]

Honestly buyers want to get cheap bitcoin, maybe they should gamble and wait after the ETF  approval.  If it is disapproved then they can buy Bitcoin from holders that will dump their Bitcoin and hope that whales will take advantage of it to pull the price further down .  And if it is approved they can start panick buying since price will start to soar after the approval.  I believe even buying after the decision , approved or disapproved is still the best timing.

I don't think we will see price collapse or price will return to sub $1000 level. Traders know that COIN ETF is likely to not pass this time so the effect on the price won't be significant.
Another thing is that we need to get used to expensive bitcoin, we wanted it, so we got it. Hoping for the dumps just so you can buy cheap coins is silly.

[strunberg]

Honestly buyers want to get cheap bitcoin, maybe they should gamble and wait after the ETF  approval.  If it is disapproved then they can buy Bitcoin from holders that will dump their Bitcoin and hope that whales will take advantage of it to pull the price further down .  And if it is approved they can start panick buying since price will start to soar after the approval.  I believe even buying after the decision , approved or disapproved is still the best timing.

I don't think we will see price collapse or price will return to sub $1000 level. Traders know that COIN ETF is likely to not pass this time so the effect on the price won't be significant.
Another thing is that we need to get used to expensive bitcoin, we wanted it, so we got it. Hoping for the dumps just so you can buy cheap coins is silly.

Now the days are gone where you could buy them at cheaper price as we are continuously seeing increase in the price of bitcoins and it will continue to go higher in future too, and even if ETF doesn't gets approved I don't think it will have major impact on the price of bitcoins and its always a good time to buy bitcoins as price will be definitely higher in long run.

[Rinder]

There is no way to bictoin to keep at this rates, there isnt any significant news to make the price be at where it is, soo be sure a heavily dump will happen sooner or later. Considering halving price 500-600dollars, 2020 halving should be 1000-1200 dollars, and without any change at bitcoin this price is just manipulated again.

[stevano]

There is no way to bictoin to keep at this rates, there isnt any significant news to make the price be at where it is, soo be sure a heavily dump will happen sooner or later. Considering halving price 500-600dollars, 2020 halving should be 1000-1200 dollars, and without any change at bitcoin this price is just manipulated again.

bitcoin really is not able to keep prices stable, because bitcoin prices are always influenced by the power of buying and selling in the market, in this case we should never panic, because if you panic then we will be harmed.
My advice prices would always go up and down so smart and patient in reading the market price if you have this then we are in disadvantage.

[valta4065]

In fact what's a bit strange is that price is rising in anticipation.

It's all about ETF going through or not :/
And if it doesn't... Yeah big crash coming.

[mornabo]

There is no way to bictoin to keep at this rates, there isnt any significant news to make the price be at where it is, soo be sure a heavily dump will happen sooner or later. Considering halving price 500-600dollars, 2020 halving should be 1000-1200 dollars, and without any change at bitcoin this price is just manipulated again.

I think it's just your mere speculation. I knew dump will happen but I think it would not go down too deep. may in around price of $800-$1,000 and then the price will rise again

[valta4065]

There is no way to bictoin to keep at this rates, there isnt any significant news to make the price be at where it is, soo be sure a heavily dump will happen sooner or later. Considering halving price 500-600dollars, 2020 halving should be 1000-1200 dollars, and without any change at bitcoin this price is just manipulated again.

I think it's just your mere speculation. I knew dump will happen but I think it would not go down too deep. may in around price of $800-$1,000 and then the price will rise again

Well it's not JUST speculation.
It's speculation around an even and a decision that must be taken rather soon.
We'll know before 13 march what is the result ^^

[X-ray]

Looks like bitcoin is stagnated around 1270$ . Minor dump is observed but it was quickly recovered with the another pump. 

Yeah that's right, we will see the another pump and i guess We will break $1300 wall as soon as possible. But the main concern is about 11 march. Does it become the big dump for bitcoin? This just like a gambling about the ETF approval.

[AjithBtc]

Looks like bitcoin is stagnated around 1270$ . Minor dump is observed but it was quickly recovered with the another pump. 

The dump took the price low to $1250. Once again in a short time it went back crossing $1275. Now this looks to be the time to stabilize. We might stay around $1270-$1300 for a longer time period.

[mirakal]

Looks like bitcoin is stagnated around 1270$ . Minor dump is observed but it was quickly recovered with the another pump. 

The dump took the price low to $1250. Once again in a short time it went back crossing $1275. Now this looks to be the time to stabilize. We might stay around $1270-$1300 for a longer time period.

I'm not quite sure about that, staying in the long time with that range is good but it would better if we will continue to rise. It will only be stable once people will stop the hype but since we have started it already, this price increase will continue to rise especially now that we are reaching in the big day this coming May 11 on the ETF's decision by the SEC.