flyingcat
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September 01, 2017, 07:14:42 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,?
Its demand will surely decrease. Since it is being sold in a low price and in the situation that you've said, there'll be more people that will do the same. It will negatively affect Bitcoin but maybe it won't be permanent. There'll still be people that won't sell their bitcoin even on situations like that, it will help to eventually Bitcoin rise again. Another dumper will be following it. Since someone dump a lot of coin and take away the profit it means there will no buy back and that doesn't give the comeback to the price. But it depends on the trend. A lot of people are holding the bitcoin will make the bitcoin rarely. We cannot take away the people who are always panicking selling in times of dump it is what volatility and pro traders earn sounds unfair right? but it is how it works and time will come they are the ones who will benefit from others. People who keeps holding have their own plans or target and they stick to it. Panic selling is tempting no matter how good of a trader you are. The reality of trading is you never know what is going to happen. No matter how good you are, you will always be put into a position that you need to stop yourself from panic selling or buying no matter how badly you want to or think you should. Real trader is not doing any panic selling because they already place a sell order that generate an income even the bitcoin value will fall and we all know that every dump there is a pump. Depends you are trader normal or margin trader. For me, selling with panic market very interesting, because I can short altcoin have panic seller and take small profit from that, of course the risk higher than bullish market or stable.
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han emily
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September 01, 2017, 07:33:46 PM |
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I dont see any chance that there will be panic selling before this year ends. Im guessing that bitcoin will reach 5000$ or even higher. As you can see at the current price of bitcoin is at $4000 and the demand is still increasing and might reached 5000$ the next month.
There will be a panic selling who does want to have a slight profit when bitcoins dumps then to sell but if it pumps or dumps more they are going to be panic selling. This is what i observe to the bitcoins holders. Yep, bitcoin holders do panic selling when they show some dumping. Especially the new traders get panicked and decide to give up on their coins to safe their investments. They should believe in bitcoins whether bitcoins are dumping or pumping. Bitcoins are having potential of creating new rich people. I think panic selling does not happen only on when dump? But when the price of pump also usually occur panic selling. Maybe you can advise users not to panic selling when the price is dump. Namely by trust and patience. But what about panic selling when the price of pump? what will you advise for them ? usually who feels panic is a new person in the world of trading he was shocked to see an uncertain market situation, but if the old players then he will seting to the targeted price, at least he can take quick steps to sell if when the target number pump is not touched
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Kemarit
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September 01, 2017, 07:45:04 PM |
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The topic was created a long time ago, but I can't resist not to leave a comment. I imagine how I now regret those who panicked and sold their bitcoins. I hope this will be an example for everyone else. Panic is always the worst time for responsible decision-making. It is always better to pause and to follow the development of events.
Yes, the topic was created a long time ago but it is still relevant today because there are a lot of newbies everyday trying to get in the crypto trading specially right now that the price is going strong. So its really nice to give them some points regarding our experience in panic selling. I must admit that I usually do panic before selling and would just sell all-in. But as I mature, I stay away from the sell button and I just think that bitcoin will recover soon and I don't need to panic sell. Actually you should buy when there is a time, its a perfect time to accumulate more bitcoin. Its really up to the individual, but I suggest that don't be emotional like me before, key stay cool and think of your future profits if you are going to sell because others are doing so.
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knightmairesaint
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September 01, 2017, 09:23:37 PM Last edit: September 01, 2017, 11:53:43 PM by knightmairesaint |
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The topic was created a long time ago, but I can't resist not to leave a comment. I imagine how I now regret those who panicked and sold their bitcoins. I hope this will be an example for everyone else. Panic is always the worst time for responsible decision-making. It is always better to pause and to follow the development of events.
To be honest, I was one of those who panicked when the market price of bitcoin starts dumping. I really do regret selling and withdrawing at that time because after that dump the price of bitcoin recovers and eventually got high doubling the price. Looking at the current market price, I already loss more than half of possible profit from that money I have withdrawn which is very sad. How I wish that I have controlled my emotions back then and avoid making bad market decisions.
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viewly
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September 02, 2017, 01:04:48 AM |
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All markets behave the same way. If the rally goes too high it can definitely drop but its not going to 0.
Just look at all the support its made in the 2000-3000 area. There would have to be some big disaster to bust threw that.
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stepwilli
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September 02, 2017, 08:25:00 AM |
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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,?
Any one investing in bitcoin or any other crypto should not be a panic seller(that’s if you’ve done your research on the matter) but should rather be rigid an be on his feet to be ready to make the right move at the right second in other not to lose money
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batang_bitcoin
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September 02, 2017, 08:38:27 AM |
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Experienced investors do not panic because they know they can lose a lot of money because of their emotions. At first I lost money in this way and now I feel calm about panic.
Patience is they key so that you won't be doing the same mistake like panic selling. I've been with this attitude all of the sudden and even until now. It's not totally panic selling but needs are into our investments in bitcoin. When we have to make sure that we need to have cash, I'm going to sell. Just be focus for long term plans in crypto so that you won't panic sell.
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iMark
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September 02, 2017, 09:15:44 AM |
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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,?
Any one investing in bitcoin or any other crypto should not be a panic seller(that’s if you’ve done your research on the matter) but should rather be rigid an be on his feet to be ready to make the right move at the right second in other not to lose money Everyone knows that investing in cryptocurrency is risky because of fluctuations in the market. like I did this morning. bitcoin prices had dropped a few percent in just a few hours and it freaked me out. because I was afraid of losing too much, then I cutlose (sell it) and the price came back up and I was disappointed, I should be more patient. and it will be a lesson for all users to be patient in order not to panic
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Kemarit
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September 02, 2017, 09:43:43 AM |
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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,?
Any one investing in bitcoin or any other crypto should not be a panic seller(that’s if you’ve done your research on the matter) but should rather be rigid an be on his feet to be ready to make the right move at the right second in other not to lose money Everyone knows that investing in cryptocurrency is risky because of fluctuations in the market. like I did this morning. bitcoin prices had dropped a few percent in just a few hours and it freaked me out. because I was afraid of losing too much, then I cutlose (sell it) and the price came back up and I was disappointed, I should be more patient. and it will be a lesson for all users to be patient in order not to panic Yes, its kinda freaky and nervous moment because upon reaching as high as $5000, we are not seeing like panic sells that pull the price to $4600 and could probably go even lower. For the newbies out there, you don't need to panic and just would simply sell. Of course its gonna be nervous and thinking that you should have sell a while ago when the price is still at $5000, but I'm pretty sure that it will recover soon. We all know that bitcoin has this ability to recover and even go even higher as previous price. I must admit I'm a little bit worried, but no, I won't sell. I'm seeing the price to go along the line of $6000-$7000 so I'm just wait have patience and not to be affected by the sudden price going down.
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Rhum142
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September 02, 2017, 09:59:44 AM |
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Haha, sell all your bitcoin please, i'll take care of it. Trust me !
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wearepoor
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September 02, 2017, 11:24:42 AM |
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I dont see any chance that there will be panic selling before this year ends. Im guessing that bitcoin will reach 5000$ or even higher. As you can see at the current price of bitcoin is at $4000 and the demand is still increasing and might reached 5000$ the next month.
There will be a panic selling who does want to have a slight profit when bitcoins dumps then to sell but if it pumps or dumps more they are going to be panic selling. This is what i observe to the bitcoins holders. Yep, bitcoin holders do panic selling when they show some dumping. Especially the new traders get panicked and decide to give up on their coins to safe their investments. They should believe in bitcoins whether bitcoins are dumping or pumping. Bitcoins are having potential of creating new rich people. I think panic selling does not happen only on when dump? But when the price of pump also usually occur panic selling. Maybe you can advise users not to panic selling when the price is dump. Namely by trust and patience. But what about panic selling when the price of pump? what will you advise for them ? usually who feels panic is a new person in the world of trading he was shocked to see an uncertain market situation, but if the old players then he will seting to the targeted price, at least he can take quick steps to sell if when the target number pump is not touched I think people should not follow the trend, they should trust the bitcoins. Though the price are falling, there will be a recovery in future so there is no need to panic.
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prtty2gal2
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September 05, 2017, 08:04:12 AM Last edit: September 11, 2017, 06:30:02 PM by prtty2gal2 |
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Experienced investors do not panic because they know they can lose a lot of money because of their emotions. At first I lost money in this way and now I feel calm about panic.
Patience is they key so that you won't be doing the same mistake like panic selling. I've been with this attitude all of the sudden and even until now. It's not totally panic selling but needs are into our investments in bitcoin. When we have to make sure that we need to have cash, I'm going to sell. Just be focus for long term plans in crypto so that you won't panic sell. We need to be really patient with digital currencies to have profits especially bitcoins. There is no need to listen to false speculations about the hard dumping of the bitcoins or end of bitcoins. These are the vain attempts of haters to spoil the bitcoin community. Panic selling with bitcoins is silly mistake.
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mirakal
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September 05, 2017, 10:02:50 AM |
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Experienced investors do not panic because they know they can lose a lot of money because of their emotions. At first I lost money in this way and now I feel calm about panic.
Patience is they key so that you won't be doing the same mistake like panic selling. I've been with this attitude all of the sudden and even until now. It's not totally panic selling but needs are into our investments in bitcoin. When we have to make sure that we need to have cash, I'm going to sell. Just be focus for long term plans in crypto so that you won't panic sell. We need to be really patient with digital currencies to have profits especially bitcoins. There is no need to listen to false speculations about the hard dumping of the bitcoins or end of bitcoins. These are the vain attempts of haters to spoil the bitcoin community. Panic selling with bitcoins is silly mistake. They can do whatever they want, they will sell it even if it is for a loss because they are panic. I think that is normal especially when you are not updated with the recent news and most likely you will be easily tempted to sell, overtime we will grow and understand that selling is only good if you are making profit, we learn from our mistakes.
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September 05, 2017, 10:21:33 PM |
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I dont see any chance that there will be panic selling before this year ends. Im guessing that bitcoin will reach 5000$ or even higher. As you can see at the current price of bitcoin is at $4000 and the demand is still increasing and might reached 5000$ the next month.
There will be a panic selling who does want to have a slight profit when bitcoins dumps then to sell but if it pumps or dumps more they are going to be panic selling. This is what i observe to the bitcoins holders. Yep, bitcoin holders do panic selling when they show some dumping. Especially the new traders get panicked and decide to give up on their coins to safe their investments. They should believe in bitcoins whether bitcoins are dumping or pumping. Bitcoins are having potential of creating new rich people. I think panic selling does not happen only on when dump? But when the price of pump also usually occur panic selling. Maybe you can advise users not to panic selling when the price is dump. Namely by trust and patience. But what about panic selling when the price of pump? what will you advise for them ? usually who feels panic is a new person in the world of trading he was shocked to see an uncertain market situation, but if the old players then he will seting to the targeted price, at least he can take quick steps to sell if when the target number pump is not touched I think people should not follow the trend, they should trust the bitcoins. Though the price are falling, there will be a recovery in future so there is no need to panic. Blind faith gets lots of people in trouble. I'm sure during the deflating Tulip bubble, there was some guy thinking exactly the same thing, and what do you suppose all his faith got him? Any asset bubble is prone to pop without warning and for no specific reason other than it ran out of steam and everyone ran for the exits. At times, bitcoin resembles too much of a bubble for me to consider it not to be a foregone conclusion.
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Uberzugzug
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September 06, 2017, 01:35:12 AM |
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Yup it will affect it and it will affect it badly. The demand might fall which will also drag down the fall of the price of Bitcoin.
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BarbieCasino
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September 09, 2017, 03:43:33 AM |
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Yup it will affect it and it will affect it badly. The demand might fall which will also drag down the fall of the price of Bitcoin.
Yes you are right because the panic selling is not good for the investors because the short term investment will not make them earn huge profit and in bitcoin you need to keep patience it is the most important factor the price of the bitcoin is not predictable now it can increase any time so it is not good to sell your bitcoin in the low price until you have a very serious problem to get your money so keep it with you for more profit.
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Theb
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September 09, 2017, 04:00:53 AM |
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Yup it will affect it and it will affect it badly. The demand might fall which will also drag down the fall of the price of Bitcoin.
Yes you are right because the panic selling is not good for the investors because the short term investment will not make them earn huge profit and in bitcoin you need to keep patience it is the most important factor the price of the bitcoin is not predictable now it can increase any time so it is not good to sell your bitcoin in the low price until you have a very serious problem to get your money so keep it with you for more profit. Panic selling does not automatically equal to the demand falling. Most panic selling occurs when a big player unload a hefty amount of shares for profit taking which will start a chain of other people selling. The selling will create the price of Bitcoin to push downwards, but it does not mean all people are not interested in Bitcoin anymore. Maybe the factor to look at if Bitcoin really does lose its demand is the daily average trading volume of it which is really a good indicator to look at the demand.
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hajimasan
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September 09, 2017, 04:19:25 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,?
Yeah , this is the stupid truth in the world of cryptocurrency because most of the people usually sold thier coins when many other people sell . This is really a negetive point for those newbie traders to have patience . Here i myself was involved in these panic selling problems , when i bought any coin and suddenly anyone sold in bulk and made the price of the coin down , then i get in scared because i was thinking that if it will happen speedily one by one then i will have only 0$ with 100% loss . So here i think we should have patience because if we will see at another person then we cannot figured ourself that how we are getting in panic , Always follow tye basic concept of the trading that never sell your coin at low price ( regardless of the market of the coin ) .
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lecongnhan123
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September 09, 2017, 07:19:28 PM |
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panic and sell as two words go together, with traders may have more experience they will keep, but young investors they will sell for a loss. Cunning trader they will choose the right time. Panic attacks do price Bitcoin vs Atlcoin decreased, at which the trader tactful will buy into cheap, they make a profit very easy in panic. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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esatceza
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September 09, 2017, 07:53:30 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,?
I think this is very unlikely. Bitcoin is currently scarce in the market because of its limited availability, so it is unlikely that it will be a dump. Besides, its value is very high, I think it is difficult to have enough capital to buy it. If Bitcoin is so bought, it can make Bitcoin prices soar and quantity is scarce. After a shortage of time, the price is peak, the seller will earn a huge profit from the hoarding. This makes the market unstable\
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