panic selling

[tabas]

I saw some panic selling with this recent correction. Like every time in similar situations like thi some Bitcoin users realy start to panic and think they will lose their all their funds if they don't sell. I hardly convinced some of them not to do something they could regrett very soon and that they have to wait for a while for price to get on the way up again.

What  can you say? It's a very normal movement that after those whales cashed out, the small ones will follow. They are scared of losing more profit but as I observed with the movement of bitcoin's price this is very normal. After this dumping incident, we will see the price of bitcoin will soon increase again.

[HatakeKakashi]

There was is a thread where someone is saying that these is a big crash coming very soon to bitcoins, this speculation is sure to cause panic and make lots of people sell even though the person had no proof low lp to back up his claims questions

Thats thread is common or similar I see many topic that bitcoin die  , bitcoins big dump or crash. Yes that is possible to happen because everything is possible but I dont think the bitcoin price will big crash down because if the price down many investor for sure want to invest in bitcoin  and this coin will recover again . And I believe after halving the price will become double. Dont panic just hold your bitcoin and you will be hapoy for the result because you earn a lot of profit.

[madwica]

I think theres a lot of users do panic selling that is why bitcoin value non stop to increase due to increase of demand. But this is good for those investor who put lot of capital and keep it for a long period of time and not make any panic selling.

[VanDeinsberg12]

I think theres a lot of users do panic selling that is why bitcoin value non stop to increase due to increase of demand. But this is good for those investor who put lot of capital and keep it for a long period of time and not make any panic selling.

That's right, but looks buy on dip was a right decision yesterday. My guess a lot of the new traders get fooled by the whale.
this retweet will proves it
https://twitter.com/whalepool/status/868427802026156036

We are already taken a lot of profit from buy in the dip.

[pacifista]

Panic selling are only done by profit takers, if they already seen that they get profit even if its too small they will sell thier bitcoins, profit takers are the traders sometimes.

[Sled]

Panic selling are only done by profit takers, if they already seen that they get profit even if its too small they will sell thier bitcoins, profit takers are the traders sometimes.

That is the cycle of the market if there is dumpers then they are profit takers and the one who are catching the dumps are the future profit takers but not all the times, profit takers are the dumpers or panic sellers because most of them are newbie of trading and they are just got hyped and they want to get out from the loss but overall, panic selling is not applicable for good coins because they are more like long term investment.

[tosmartak]

A whole lot of people have done this in the past and have regretted it today. Except for newbies, I don't expect someone who already understands the system to just rush to sell their bitcoin as a result of panic. In one of the topics on this forum, the worst regret of people is selling their bitcoin when the price was dropping and now, they wish they didn't. I don't really see panic selling happening that much, but such happenings will definitely affect the price of bitcoin to drop but all the same,  the cycle continues (hand to hand).

[cotton ball]

I feel that this is two days ago where bitcoin had an unreasonable increase and then experienced a very sharp decline. I was panicked because I bought at a high price, but bitcoin instead ran in the opposite direction. But I do not sell everything, mostly I still hope bitcoin will rise again.

[bravehearth0319]

Selling will be now not the best thing that you can do and that is because the value is not even that high now and that have to change because the value of Bitcoin is now rising slowly.
And many people are now holding it for a long time because they see that the value of the Bitcoin is rising slowly and that the halving is also coming.

True, many community now in bitcoin world are holding their coins so far, actually this time the flow of trading in the exchange market
are doing good and many altcoins are also helping me because they are now increasing the value.

[just_Alice]

Selling will be now not the best thing that you can do and that is because the value is not even that high now and that have to change because the value of Bitcoin is now rising slowly.
And many people are now holding it for a long time because they see that the value of the Bitcoin is rising slowly and that the halving is also coming.

True, many community now in bitcoin world are holding their coins so far, actually this time the flow of trading in the exchange market
are doing good and many altcoins are also helping me because they are now increasing the value.

One should not be deceived by the fact that some altcoins are now increasing the value. The increase should be compared to the bitcoin increase, and increase in USD doesn't mean this coin is good for investment, because if BTC increases more then you'd better invested in BTC, right? If a coin increases in BTC, that's a real increasing, like Ethereum lately, for example.

[batang_bitcoin]

I feel that this is two days ago where bitcoin had an unreasonable increase and then experienced a very sharp decline. I was panicked because I bought at a high price, but bitcoin instead ran in the opposite direction. But I do not sell everything, mostly I still hope bitcoin will rise again.

Good thing that you didn't brought up by your feeling. Because if you bought bitcoin at higher price, what's the sense of selling it at lower price? You are trading and the one that will stay in the end will be the strongest. There are a lot of beautiful news that bitcoin is now ready to increase again and now with $3k.

[AK47-]

I feel that this is two days ago where bitcoin had an unreasonable increase and then experienced a very sharp decline. I was panicked because I bought at a high price, but bitcoin instead ran in the opposite direction. But I do not sell everything, mostly I still hope bitcoin will rise again.

Good thing that you didn't brought up by your feeling. Because if you bought bitcoin at higher price, what's the sense of selling it at lower price? You are trading and the one that will stay in the end will be the strongest. There are a lot of beautiful news that bitcoin is now ready to increase again and now with $3k.

Generally people who don't have faith in bitcoin who do panic selling. Bitcoin being volatile asset will go up and down a lot. So if it goes down once, that never means it will never recover. Bitcoin at present is the best cryptocurrency. People know about it and people are investing. Due to drop in the price, there was an increase in investment activity. This sure takes bitcoin price up. So, people should have faith in bitcoin instead of doing panic selling.

[saenko]

I feel that this is two days ago where bitcoin had an unreasonable increase and then experienced a very sharp decline. I was panicked because I bought at a high price, but bitcoin instead ran in the opposite direction. But I do not sell everything, mostly I still hope bitcoin will rise again.

Good thing that you didn't brought up by your feeling. Because if you bought bitcoin at higher price, what's the sense of selling it at lower price? You are trading and the one that will stay in the end will be the strongest. There are a lot of beautiful news that bitcoin is now ready to increase again and now with $3k.

I heard this forecast and believe in it. Now the price is recovering again and this indicates that in the future we will see growth. If we buy bitcoins today, we will win in the future

[legarde23]

I feel that this is two days ago where bitcoin had an unreasonable increase and then experienced a very sharp decline. I was panicked because I bought at a high price, but bitcoin instead ran in the opposite direction. But I do not sell everything, mostly I still hope bitcoin will rise again.

Good thing that you didn't brought up by your feeling. Because if you bought bitcoin at higher price, what's the sense of selling it at lower price? You are trading and the one that will stay in the end will be the strongest. There are a lot of beautiful news that bitcoin is now ready to increase again and now with $3k.

I heard this forecast and believe in it. Now the price is recovering again and this indicates that in the future we will see growth. If we buy bitcoins today, we will win in the future

Yes bitcoin will rise again after the downtime it is just a sign of sucess again, we should buy bitcoins today we can sell it in high value in the future and after that buy bitcoins again repeat.

[virasog]

Panic selling are only done by profit takers, if they already seen that they get profit even if its too small they will sell thier bitcoins, profit takers are the traders sometimes.

I am of the view that Panic selling are not traders. Traders are experienced persons and they know where the market will move beforehand, so there will be no panic buying or selling from traders. Good Traders always buy and sell with proper calculations .Panic sellers are the normal people who have bought bitcoin only to get profit and seeing a dump in the market they sell,  gaining whatever profit they can or sometimes even they fear of loss make them less in loss also.

[moviebuff777]

Panic selling are only done by profit takers, if they already seen that they get profit even if its too small they will sell thier bitcoins, profit takers are the traders sometimes.

I am of the view that Panic selling are not traders. Traders are experienced persons and they know where the market will move beforehand, so there will be no panic buying or selling from traders. Good Traders always buy and sell with proper calculations .Panic sellers are the normal people who have bought bitcoin only to get profit and seeing a dump in the market they sell,  gaining whatever profit they can or sometimes even they fear of loss make them less in loss also.

I think of panic selling as when a person buys at a price and the the price drops and they sell to cut their losses but still take a loss. If someone sells for a profit I wouldn't consider that to be panic selling.

[lllaqpt]

Panic selling are only done by profit takers, if they already seen that they get profit even if its too small they will sell thier bitcoins, profit takers are the traders sometimes.

I am of the view that Panic selling are not traders. Traders are experienced persons and they know where the market will move beforehand, so there will be no panic buying or selling from traders. Good Traders always buy and sell with proper calculations .Panic sellers are the normal people who have bought bitcoin only to get profit and seeing a dump in the market they sell,  gaining whatever profit they can or sometimes even they fear of loss make them less in loss also.

I think of panic selling as when a person buys at a price and the the price drops and they sell to cut their losses but still take a loss. If someone sells for a profit I wouldn't consider that to be panic selling.

Steadily sell those who do this constantly and systematically. These people have their own sales pattern. They know when to buy, and when to sell. Beginners usually make mistakes and sell at a time when you need to buy

[deisik]

Panic selling are only done by profit takers, if they already seen that they get profit even if its too small they will sell thier bitcoins, profit takers are the traders sometimes.

I am of the view that Panic selling are not traders. Traders are experienced persons and they know where the market will move beforehand, so there will be no panic buying or selling from traders. Good Traders always buy and sell with proper calculations .Panic sellers are the normal people who have bought bitcoin only to get profit and seeing a dump in the market they sell,  gaining whatever profit they can or sometimes even they fear of loss make them less in loss also.

I think of panic selling as when a person buys at a price and the the price drops and they sell to cut their losses but still take a loss. If someone sells for a profit I wouldn't consider that to be panic selling.

I basically agree that you shouldn't be panic selling when you are in profit

But since the notion of panic selling refers mostly to psychological aspects of trading behavior, you can still feel essentially the same when you are selling for profit as when you are irrationally trying to cut your losses. On the other hand, you can cut your losses cold-blooded and with a firm hand. I guess that can't be called panic selling in any way possible. Therefore, panic selling should refer to thoughtless and mindless selling rather than to your current net position when you close it, i.e. whether you are booking profits or cutting losses

[singularityisnear]

Panic selling are only done by profit takers, if they already seen that they get profit even if its too small they will sell thier bitcoins, profit takers are the traders sometimes.

Not only profit takers, but also losses takers. Remember, some will sell too early, because not everyone really knows the long term potential that Bitcoin has, and thus it becomes difficult to develop some long term thinking.

[zeze18]

Panic selling are only done by profit takers, if they already seen that they get profit even if its too small they will sell thier bitcoins, profit takers are the traders sometimes.

Not only profit takers, but also losses takers. Remember, some will sell too early, because not everyone really knows the long term potential that Bitcoin has, and thus it becomes difficult to develop some long term thinking.

Maybe we do not have data coming from exact source of bitcoin progress for the future, although we all expect bitcoin prices to continue rising to high levels,
And most of them use bitcoin for trading and investment activities, of course, hoping to profit from their trading and investment business, and I think it's enough to keep bictoin and wait until the maximum price becomes a good investment for the future.