panic selling

[Doamader]

The bitcoin value at 1200 were already an invitation to spend or exchange it into fiat or other altcoin, the dump were expected long time ago, and the issue around bitcoin fork and market split were just one of the reasons that had made bitcoin crash almost instant, thats crypto world.

[dmamigo]

Panic Selling is one of the cause of this fall, though it was pretty obvious it would have fallen when it crossed $1200. Now those who haven't just hold on. It is kind of both predictable and unpredictable, peoples make it more difficult.

[Humanxlemming]

Panic Selling is one of the cause of this fall, though it was pretty obvious it would have fallen when it crossed $1200. Now those who haven't just hold on. It is kind of both predictable and unpredictable, peoples make it more difficult.

Yeah this is true that panic selling is the cause why bitcoin price dump, if all bitcoiners not sell his bitcoin i think the prices still in 1200$ if, but it os now 1010$ what the!.. Differences make in just a day it lost 200$, i think china also the reasong why bitcoin price dumps

[pinkpanther03]

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 had a point with that things, the only community usually get panic on selling are those people who are newbie in this industry. JUst like what you had just said if there is  dropping the price happen it will surely recover then in a couple days.

[pooya87]

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 had a point with that things, the only community usually get panic on selling are those people who are newbie in this industry. JUst like what you had just said if there is  dropping the price happen it will surely recover then in a couple days.

well rise and falls always happen, and they happen in all the markets without an exception. sometimes it is because there is a sell pressure that increases the supply sometimes it is some fear about losing value that people choose to cash out.
but in bitcoin the first step always leads to a mass panic because there are so many inexperienced people invested in bitcoin and they are "playing" around with trading bitcoin. and it actually is the reason why you keep hearing "trading is like gambling"

[batang_bitcoin]

Panic Selling is one of the cause of this fall, though it was pretty obvious it would have fallen when it crossed $1200. Now those who haven't just hold on. It is kind of both predictable and unpredictable, peoples make it more difficult.

Exactly, panic selling and as well those BU fud and politics on it. The sad thing is that I didn't sold a single coin of mine when it is still on $1,200 and I don't have choice right now but to keep on holding and waiting for the right time to sell. If I see the price to be on that amount again, I'll sell some of my coins but I will not panic.

[Erza]

If people sell now it's not for panic, a panic selling happens most of the time when the bitcoin price starts falling down and people are afraid that the bitcoin price is getting crashed and want to "recover" or avoid a huge loss. Bitcoin has it own pump and dump but whenever the price gets higher we expect that there could be a good way to hold for a longer time as we hope that bitcoin price will increase more, and if this doesn't happen we see a way to spend the bitcoin because we are facing with a loss soon, so people at this time spend them on altcoins or even in fiat.

i think now people have become mature and they are not going for panic selling, we have some good examples in previous days as the price of bitcoin get a good support after falling up to some points.

I think that we are in a time that the panic selling is already happening and we can conclude this from the bitcoin price, who wouldn't make any panic when the price for only 1 week has been dropped to $313 (until now at the moment of writing) so if people are holding 10BTC there is 3k lost, for 100BTC there is 30k lost and so on, this is really for panic, but I won't sell mines because I hope later this Q2 the price will get higher.

Yeah, I really agree on that, just because of people holding that much make they aware of this price, more over if they really use this profit for their daily usage. It will be really hard to not let them do sell quickly, rather than they lose much better they dont even get profit at all. Wondering how much you hold right now and not even panic when the price is drop this much

[Kemarit]

Yes, its really panic selling what we are seeing right now. But I'm holding mine and won't sell because I still believe we can rebound from all of this dumping. Its disappointing to see, but I guess FUD won that's why it cause so much uncontrollable behavior from some people. I know that I'm lossing more by the day, but I still believe that this sudden dumping will stop in a few days. People need to really digest the information and not sell, so that the price could be restore to some degree of normalcy to the bitcoin ecoystem.

[sekaiissobig]

Now, i don't think it is panic selling effect that cause the price to drop sharply.
As I stated on previous post, it is due to policy of interest rate of FED.
I stated early in march that the price of bitcion should be around 1000 - 1200 usd for the coming next 4 months.
And for those who are interested to buy bitcoin, it is time to enter the market as the value is low now.
However, you can't predict those value will go up or down after next 4 months as economy situation will have some effect on it.

[Mihaylovic]

I think its really risky keeping btcs right now. Because if it cant jump over 1000 next few days, it can even drop 700 or less. Everybody is in panic now.

[Mikellev]

Yes, its really panic selling what we are seeing right now. But I'm holding mine and won't sell because I still believe we can rebound from all of this dumping. Its disappointing to see, but I guess FUD won that's why it cause so much uncontrollable behavior from some people. I know that I'm lossing more by the day, but I still believe that this sudden dumping will stop in a few days. People need to really digest the information and not sell, so that the price could be restore to some degree of normalcy to the bitcoin ecoystem.

Yes, selling is not a good idea, ups and downs happen in business, what has to be done is to keep calm at this situation and wait for 2-3 months for sure the price will go high again as it had done sometime back. just we don't have to panic on this situation instead try to start buying because price is going down. just go through the chart of 2 years you will get to know how well bit coin has done good in market so similar thing will keep happening. Don't ever sell right now.

[grandy]

If people sell now it's not for panic, a panic selling happens most of the time when the bitcoin price starts falling down and people are afraid that the bitcoin price is getting crashed and want to "recover" or avoid a huge loss. Bitcoin has it own pump and dump but whenever the price gets higher we expect that there could be a good way to hold for a longer time as we hope that bitcoin price will increase more, and if this doesn't happen we see a way to spend the bitcoin because we are facing with a loss soon, so people at this time spend them on altcoins or even in fiat.

i think now people have become mature and they are not going for panic selling, we have some good examples in previous days as the price of bitcoin get a good support after falling up to some points.

I think that we are in a time that the panic selling is already happening and we can conclude this from the bitcoin price, who wouldn't make any panic when the price for only 1 week has been dropped to $313 (until now at the moment of writing) so if people are holding 10BTC there is 3k lost, for 100BTC there is 30k lost and so on, this is really for panic, but I won't sell mines because I hope later this Q2 the price will get higher.

yeah another panic selling days happening righ now ,
for a small example one of my colleagues here have sold the whole bitcoin he have few minutes ago ,
he decide to take a break after got good profit on altcoin like eth and dash ,
but a little bit dropped when talking about bitcoin .

this is the result of panic selling, direct bitcoin prices plummeted, because they fear getting lower prices when in fact that which causes the price drops are selling on a large scale, this happens because there altcoin prices rise so high that sales mebuat bitcoin getting up

and that is all because of the inexperienced people. those people who do not know about the importance of bitcoin, actually they they do not know the importance of bitcoin and when the price take a little correction then they start panic selling and the price fell down unexpectedly.

[CyberKuro]

I think its really risky keeping btcs right now. Because if it cant jump over 1000 next few days, it can even drop 700 or less. Everybody is in panic now.

What did you said? Well, it is wrong as bitcoin price hold on $1000 and become base floor for now.
It has started to increase again, even if it drops to $900, I consider it as normal fluctuate that could happen in this situation due to bitcoin disadvantage regarding consensus whether SegWit or BU. Moreover, we need a dip to buy more cheaper bitcoin and give chance for others to ride the bull.

[Reid]

Its a strategy followed by big whales to mislead newbies.Usually newbies become prey to these predator big whales and sell off all of their bitcoins.Whales buy all tose bitcoins at much cheaper price and when the market begins to recover after some time,bitcoin price once again rises and newbies have to regret for their decision.

Very true. Since they can make discussions that would make new bitcoin users to somehow think that it could be true.
Just a little pay there and that then spread the news which would make it look like a legitimate one.
They can make even more profit than what they pay for.
Just causing a little panic will be worth the pay

[Mikez]

I think its really risky keeping btcs right now. Because if it cant jump over 1000 next few days, it can even drop 700 or less. Everybody is in panic now.

What did you said? Well, it is wrong as bitcoin price hold on $1000 and become base floor for now.
It has started to increase again, even if it drops to $900, I consider it as normal fluctuate that could happen in this situation due to bitcoin disadvantage regarding consensus whether SegWit or BU. Moreover, we need a dip to buy more cheaper bitcoin and give chance for others to ride the bull.

The current dip has given us an opportunity to buy more coins at cheaper rate and people who will sell their coins right now will regret in future when they will see again rise in the price of bitcoins so this is not the time to sell but to buy more bitcoins.

[Trongersoll]

Its a strategy followed by big whales to mislead newbies.Usually newbies become prey to these predator big whales and sell off all of their bitcoins.Whales buy all tose bitcoins at much cheaper price and when the market begins to recover after some time,bitcoin price once again rises and newbies have to regret for their decision.

Yes the situation is disturbing but we don't have to lose faith and sell off.  it is just a business which sees ups and downs. when more people start selling off then you can see again the price will raise and people will regret selling off to less.

[richardsNY]

Its a strategy followed by big whales to mislead newbies.Usually newbies become prey to these predator big whales and sell off all of their bitcoins.Whales buy all tose bitcoins at much cheaper price and when the market begins to recover after some time,bitcoin price once again rises and newbies have to regret for their decision.

Yes the situation is disturbing but we don't have to lose faith and sell off.  it is just a business which sees ups and downs. when more people start selling off then you can see again the price will raise and people will regret selling off to less.

It's different for a lot less experienced Bitcoiners/traders. If you browse through the speculation section at the time the price goes down heavily, then you'll see threads pop up asking for the reason of why things happen. These people are insecure and that's exactly the danger (for them). If you know how Bitcoin works and how the network is basically indestructible, then you'll ignore all fud coming from trolls and news articles. That's why it's important to at least explain them properly what's happening and that there is no reason to panic. Education is key.

[sunsilk]

I think its really risky keeping btcs right now. Because if it cant jump over 1000 next few days, it can even drop 700 or less. Everybody is in panic now.

No it isn't risky at all just because you saw the price is dropping you are thinking now that the price is going to keep on dropping.

Then you better look of what is the price of bitcoin now. The price seems to be good at $1,000 now and I guess it can increase again.

That's why just don't do panic selling and you'll be fine.

[n691309]

If people sell now it's not for panic, a panic selling happens most of the time when the bitcoin price starts falling down and people are afraid that the bitcoin price is getting crashed and want to "recover" or avoid a huge loss. Bitcoin has it own pump and dump but whenever the price gets higher we expect that there could be a good way to hold for a longer time as we hope that bitcoin price will increase more, and if this doesn't happen we see a way to spend the bitcoin because we are facing with a loss soon, so people at this time spend them on altcoins or even in fiat.

i think now people have become mature and they are not going for panic selling, we have some good examples in previous days as the price of bitcoin get a good support after falling up to some points.

I think that we are in a time that the panic selling is already happening and we can conclude this from the bitcoin price, who wouldn't make any panic when the price for only 1 week has been dropped to $313 (until now at the moment of writing) so if people are holding 10BTC there is 3k lost, for 100BTC there is 30k lost and so on, this is really for panic, but I won't sell mines because I hope later this Q2 the price will get higher.

yeah another panic selling days happening righ now ,
for a small example one of my colleagues here have sold the whole bitcoin he have few minutes ago ,
he decide to take a break after got good profit on altcoin like eth and dash ,
but a little bit dropped when talking about bitcoin .

Hopefully the price isn't going down too much but still it is for making panic, the profit on ETH and other altcoins has come after the bitcoin price crash which is the perfect situation for traders, even though the value of bitcoin earned is not as before but still it is good if these people hold these bitcoin for a longer time and not sell not because I don't see as a good/perfect time to sell bitcoins right now as I hope that the price will be better in upcoming weeks/months.

[dothebeats]

A classy approach or term for panic selling is "stimulated market reaction" since there had been some happenings in terms of BU and SegWit and investors are still not certain how will it do good for them in the long run. There would still be a lot of dumps in the next coming weeks so might as well keep your eyes open for such changes in the overall market flow and opportunity to gain more coins.