yanlap
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November 01, 2017, 05:22:09 PM |
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Well If someone sell all of his/her coins in panic way at low rates then market goes down and the price of Bitcoins, I don't think someone is dumb that much to sell there Bitcoins at low rates. That is why Panic selling is not good for Bitcoin market and always end up with loss.
Yeah the price of the bitcoin can never go so much down so if someone is really in the need of the money then he or she will sell the bitcoin but the price and the value of the bitcoin will not be so much low, now as much as the people buying the bitcoin they are holding the coin and they are enjoying the high profit so I think even in the case of the selling the bitcoin price and the value will not the very much low.
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Lynchfondu
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November 01, 2017, 05:53:17 PM |
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Absolutely. Emotion is the crux of the unreasonable investor, and speculators will seek to evoke that emotion in the average Joe frequently to encourage selloffs, especially in a highly speculative market like what we are seeing with cryptocurrencies right now.
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Diamondfx
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November 01, 2017, 06:00:35 PM |
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this has happened to me so many times... I sell when i see a coin dumping
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jack05
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November 01, 2017, 06:10:38 PM |
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this has happened to me so many times... I sell when i see a coin dumping
You always must be patient, without it you can not invest your money in coin. It is basic feature everyone who want invest
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bitgolden
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November 02, 2017, 01:15:57 PM |
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I'm sure today many regret users for selling bitcoins some time ago, they panicked because they think that bitcoin prices continue to drop so sell bitcoin at any price.
Getting panic and that at the time when you see yourself getting in loss is quite a normal thing. Everyone has different level of patience. Some keep on controlling their nerves no matter what the conditions are, while other get panic in the very early stages. We actually need to develop this habit of remaining cool and calm almost all the time so that we may be able to control our nerves at hard times. As right as it could be. When someone is getting into this business then they must need to work on this habit. There must be a balance and self-control over your emotions and you must be able to work better under hard times. This is one of the best trait of successful persons. Keep trying it work cool and calm when situations are not under your desires. It happens always, just relax.
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waynechong1995
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November 02, 2017, 02:05:47 PM |
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Today we seen exactly what you mentioned, Bitcoin price grow so unnaturally fast till 7k and once the selling pressure comes out it got dumped so hard for few hundreds, that's exactly how is it and it's terrifying and stupid to buy on these stage if you are not sensitive. Those early buyers are just waiting for the crash and bring away their profits, although it's unknown whenever the true rally would continue, bitcoins was already been exploited as a pumping tool for extra cash where the real motive was even close to cryptocurrency, nobody was using it excepting buy and selling from exchange, bad reputation for bitcoin after a few crash course and FUD/regulation comes in.
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topse
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November 02, 2017, 02:13:14 PM |
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unfortunately i will not do it. just hold it for moment or for long time, why not? if we can do it, it will be great for the next year. it's like investing but still unclear. before we hold we can see and understand first project of the bounty, if holding is great idea, i will do it. i had experience that at the time i sold my token because i see the price is high, then a minute later it was higher and higher :/ dear ! my regret can not be described ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) all my friends danced for my hurry action.
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lordquanta
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November 02, 2017, 03:02:01 PM |
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Those who will dump can lower the value of bitcoin since the price of something depends on the one who sells it. If many have participate the selling on low price, the price will continue to go down. I think this would have no effect on bitcoin so I don't worry if someone panic sells bitcoin in low price. Bitcoin is the mother of all digital coins so no need to worry about it.
When prices go tremendously high then it is known that once it hits a peak it will get some correction. Something like couple of hundreds which will make correction point clear. After that price of bitcoin in last few weeks are continuously going higher and higher. it is not only panic selling that is causing the dump in the price it is also the traders who are cashing out the profit that who have bought at low point on rising and when their target of profit is met start the selling. If you see that this way of the earning profit looks more like dump cycle if people are not aware of trading being done in large scale. There are players who have huge stash of the bitcoin with them. Thus for them earning more bitcoins with high price cycle is not uncommon. It is profitable for them as they will be trading in bulk.
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Gheka
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November 02, 2017, 03:12:05 PM |
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I'm sure today many regret users for selling bitcoins some time ago, they panicked because they think that bitcoin prices continue to drop so sell bitcoin at any price.
Getting panic and that at the time when you see yourself getting in loss is quite a normal thing. Everyone has different level of patience. Some keep on controlling their nerves no matter what the conditions are, while other get panic in the very early stages. We actually need to develop this habit of remaining cool and calm almost all the time so that we may be able to control our nerves at hard times. As right as it could be. When someone is getting into this business then they must need to work on this habit. There must be a balance and self-control over your emotions and you must be able to work better under hard times. This is one of the best trait of successful persons. Keep trying it work cool and calm when situations are not under your desires. It happens always, just relax. Well, calm and emotional control are things that every trader needs to learn, if they succeed in managing and controlling their emotions, they will be able to make more accurate decisions, they will not be influenced by emotional factors to their decisions. Trading is a psychological game, if our psychology fluctuates, we lose more than half, so we need to stabilize our psyche as quickly as possible when we face situations we do not want to happen, personally, I always research and analyze all relevant factors when the bad situation occurs, I never let emotions intervene in my decision. Panic selling is something that can not happen when I invest in Bitcoin because I always believed bitcoin
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Webetcoins
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November 04, 2017, 06:12:15 AM |
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Investment is an asset that will definitely be kept and monitored, if there is a big dump there will certainly be a selling panic that makes them lose if it sells when a dump occurs. If they're used to bitcoin, I think they do not need to panic anymore, because investing in bitcoin is definitely profitable in the future, bitcoin characters will always go and up and there is no doubt that bitcoin prices will recover soon after a dump. So no one needs to panic selling I guess.
Yeah a lot of the people use to sell at the low price and the low price so I think it is not good to sell your bitcoin at the low price and the not waiting for the long time will not make you earn money, it is very important to have the patience and the holding of the bitcoin will make you earn the huge profit I think all the people are now selling because of the dump but it is not good for sure.
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Viscore
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November 04, 2017, 07:45:19 AM |
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Investment is an asset that will definitely be kept and monitored, if there is a big dump there will certainly be a selling panic that makes them lose if it sells when a dump occurs. If they're used to bitcoin, I think they do not need to panic anymore, because investing in bitcoin is definitely profitable in the future, bitcoin characters will always go and up and there is no doubt that bitcoin prices will recover soon after a dump. So no one needs to panic selling I guess.
Yeah a lot of the people use to sell at the low price and the low price so I think it is not good to sell your bitcoin at the low price and the not waiting for the long time will not make you earn money, it is very important to have the patience and the holding of the bitcoin will make you earn the huge profit I think all the people are now selling because of the dump but it is not good for sure. They just panic that is what they sold their bitcoins at a low price, eventually if they are not afraid of taking risk they will learn and will not panic again. Bitcoin is very successful and it has rewarded the long term holders already but you cannot stop those people who will spread FUD for them to buy cheap bitcoins when people panic.
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fishbonez11
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November 04, 2017, 08:15:06 AM |
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You would get a clearer answer if you specify the amount of bitcoin which are going to be sold. "Huge" can be anywhere from 1000BTC to 1MBTC. The former won't even move the market while the latter will likely result in a substantial drop on the price.
This. There are way too many people investing in bitcoin all over the globe. We cannot say how two persons' action in selling off all of their bitcoin affect the global market as a whole because we do not know how much their bitcoin is. While a certain amount would probably just move the price a bit, it can also be counterbalanced by others buying of bitcoin. What would cause a huge dip in the market would be selling of a lot of bitcoin.
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AngeIGirI
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November 05, 2017, 07:00:13 PM |
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In an interview with Cointelegraph a week ago, Mycelium wallet’s Dmitry Murashchik cast extra doubt around the “overestimation†the analyst mentions. A regulating green light to a Bitcoin ETF means good stuff for the industry, he stated, but would barely be considered a watershed second
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bitgov
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November 05, 2017, 08:13:24 PM |
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This is the most improtant rule, if you are impatient dont get into coins... The most improtant thing is to be patient and not to impetuous.
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ElatedWanted
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November 07, 2017, 12:21:56 AM |
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following buble bitcoin will be down again allows make panic market
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BunnyRabbit
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November 07, 2017, 03:32:55 AM |
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Anytime there is decrease on the price of bitcoin they always think that it was made by a panic promoting by holders..Even they get rid of huge amount of btc it is not a panic or anxiety selling however a revenue getting..
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freedomgo
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November 07, 2017, 05:37:36 AM |
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Anytime there is decrease on the price of bitcoin they always think that it was made by a panic promoting by holders..Even they get rid of huge amount of btc it is not a panic or anxiety selling however a revenue getting..
Revenue getting for the smart people, there are a lot of dumb money in crypto so it's easy to use if we will not panic. There is always this kind of opportunity, people got hype so much with the price of bitcoin and they keep buying but when the price starts to dump they also follow, that is not a good way of making money, instead they are just giving us free money because we always know what to do in this certain situation.
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Taqodus
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November 07, 2017, 10:24:47 PM |
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Not recommended at all and one of the most mistakes made by new incomers i would suggest to never lose hope because panic selling is just losing your money for a lower price then you had got it or could sell it.
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Devile
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November 07, 2017, 10:26:14 PM |
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I think individuals are just mostly lazu to learn about bitcoin, especially if teget havel steady income. I was one od them until i jad mu job. However i do not and i hope bitcoin will ne mu mild on tge darkish.
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batang_bitcoin
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November 07, 2017, 10:27:53 PM |
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Whenever there's drop on the price of bitcoin they usually think that it was made by a panic or anxiety promoting by holders..Even they get rid of countless number of btc thats not a panic promoting however a revenue getting..
It was made by panic sellers but the initiative was done by those whales. Taking up some revenue on that time is what everyone has been doing. And those panic sellers mostly are still new in crypto so they don't mind if they are selling as long as they aren't able to sell with that continuous dip. I did that before and it makes me think that what if I never did panic selling, how many bitcoins I do have now.
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Rent this sig space so that BTC goes to $100k.
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