MiF
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Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
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November 07, 2017, 10:46:34 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. Only whales can appreciate those panic seller because they eventually add additional investnent by the time value fluctuates in an unpredictable situations. That's why most of those new one investora lose their profit immediately because of those speculations circulated online. Their initiative really have affected a lot of people and that's happening already previous two months ago.
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djablom1
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November 07, 2017, 11:07:22 PM |
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It is not suggested at all because you can make a lot of loss with panic selling i would suggest to just wait till it grows again and hold your coins if it goes down because it will go back up in fact i would even buy more bitcoins then.
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hpmp
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November 07, 2017, 11:17:55 PM |
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It is not suggested at all because you can make a lot of loss with panic selling i would suggest to just wait till it grows again and hold your coins if it goes down because it will go back up in fact i would even buy more bitcoins then.
OK, it's always about HODL if you do not control your money in a smart way. But panic selling is about panic. Panic is time when you're no more rational. When you panic you act impulsive. You just can't fight it with logic.
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francedeni
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November 07, 2017, 11:19:27 PM |
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It is not suggested at all because you can make a lot of loss with panic selling i would suggest to just wait till it grows again and hold your coins if it goes down because it will go back up in fact i would even buy more bitcoins then.
Yes, panic selling will gives you loses. It is best to think twice or more before selling of your coins. When price drops wait for the price to grow and atleast you can earn when selling. Yes eventually price will recover and it is normal that fluctuates daily.
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Nana21
Newbie
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Activity: 56
Merit: 0
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November 07, 2017, 11:20:08 PM |
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not all bitcoin in exchange website are useable there are altcoins that the purpose is to just gain profit to investors and most of altcoins are really high or beging dump thats why there are some users who are in panic and selling there coins because of dumping happen.
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Japinat
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November 08, 2017, 04:39:53 AM |
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not all bitcoin in exchange website are useable there are altcoins that the purpose is to just gain profit to investors and most of altcoins are really high or beging dump thats why there are some users who are in panic and selling there coins because of dumping happen.
That's normal been here in the crypto world for years already and I have seen a lot of altcoins which has a good price before but almost no value now. As an investor it's your job to study well and evaluate carefully to ensure you will not invest in shitcoins, sometimes dump happens even to those good altcoins and we will be tested that time if we will panic or we will still trust and hold.
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Dreamchaser21
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November 08, 2017, 04:49:03 AM |
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It is not suggested at all because you can make a lot of loss with panic selling i would suggest to just wait till it grows again and hold your coins if it goes down because it will go back up in fact i would even buy more bitcoins then.
I experienced this before yes i loose big money because of panic selling and now i learned from that mistake. So people if you don't need much that money don't sell it believe on it because cryptocurrency is our future. People should understand the value of holding, bitcoin is really good for long term believe me.
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batang_bitcoin
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November 08, 2017, 05:51:12 AM |
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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. Only whales can appreciate those panic seller because they eventually add additional investnent by the time value fluctuates in an unpredictable situations. That's why most of those new one investora lose their profit immediately because of those speculations circulated online. Their initiative really have affected a lot of people and that's happening already previous two months ago. So true, those whales are pushing these panic sellers to add some selling power to make the price lower. And when they are successful with their initiative then that's the time that they have to relax for a while and wait for some timing to do the buying order increase again. Just like what's happening now, the price is starting to pump again the price got backed at $7,400.
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Viscore
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November 08, 2017, 06:42:58 AM |
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It is not suggested at all because you can make a lot of loss with panic selling i would suggest to just wait till it grows again and hold your coins if it goes down because it will go back up in fact i would even buy more bitcoins then.
I experienced this before yes i loose big money because of panic selling and now i learned from that mistake. So people if you don't need much that money don't sell it believe on it because cryptocurrency is our future. People should understand the value of holding, bitcoin is really good for long term believe me. That's great, what is important is that we learn from our mistakes, we will encounter a lot of problems in the long run but that will be solve if we keep accepting our loses and we learn from our mistakes. Trading and investing is a risky activity but when you panic you are making a decision based on your emotion which is a recipe for failure.
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Botnake
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November 09, 2017, 01:35:13 AM |
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Panic selling might begin soon because the segwit was cancelled and those who are chasing for free money will sell it now. Put your money in altcoins so you can make money with the movement, bitcoin will dump and altcoins will rise, that is the trend to follow.
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Sate Jamu
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November 09, 2017, 10:20:28 PM |
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People do panic selling because they see an indication that the price will not rise again, I suggest to re-think if we sell bitcoin because users continue to increase and future day we will get more profit than we sell now.
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tn211
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November 09, 2017, 10:24:21 PM |
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Panic selling might begin soon because the segwit was cancelled and those who are chasing for free money will sell it now. Put your money in altcoins so you can make money with the movement, bitcoin will dump and altcoins will rise, that is the trend to follow.
I expect some selling too but it will happen the coming weeks. The price may rise back to 7800 and then after the fork retreat to mid 5000 or 6000. Let's hope it don't retract too much because it will or we will lose investors. Bitcoin price should be strong and upwards since it's new and growing.
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kodtycoon
Legendary
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Merit: 1002
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November 09, 2017, 10:26:15 PM |
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People do panic selling because they see an indication that the price will not rise again, I suggest to re-think if we sell bitcoin because users continue to increase and future day we will get more profit than we sell now.
But some people do the right thing if they do panic selling, because I think they are in need of urgent funding for something, so before the price falls further, then sell it when he still can to get profit even if only slightly.
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anelenaniku
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November 09, 2017, 10:28:26 PM |
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Don't fear of this, no one can affect the price of bitcoin like this, nobody has so many coins to do something like this. Be afraid of miners, those are few these days and probably can control the blockchain ..
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loreykyutt05
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Free Crypto in Stake.com Telegram t.me/StakeCasino
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November 11, 2017, 11:37:08 AM |
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Don't fear of this, no one can affect the price of bitcoin like this, nobody has so many coins to do something like this. Be afraid of miners, those are few these days and probably can control the blockchain ..
I don't think that your statement was correct actually there was many factors that affect bitcoin price , number one is the demand if no one want to buy bitcoin then bitcoin will die however today that's not the case so I don't think bitcoin will die that easily , however I agree on your second statement that nobody has this huge supply of coins , bitcoin was already widely spread through out the world so I don't think it will cause to bitcoin to die since someone is dumping his coins.
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CryptoTrip
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November 11, 2017, 11:43:14 AM |
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We have already observed panic from people. The most important thing is to be calm like a boa. Because everything is wavy and returns to its place. The last panic of the market volume fell from 177 billion to 115, then the shaved hamsters were not bad. And now there are more than 200 billion market and bitcoin already with 3000 deals more than 7500. And now a small temporary rollback
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crypto4lambo
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Large scale, green crypto mining ICO
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November 12, 2017, 08:29:41 AM |
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Actually panic selling occurs merely affected by emotions. Whenever they see their holding dips, they panicked and dont they know what to do. I think stocks/coins that dips deeply is just a normal thing that happens in a market, but I think what is not normal is when emotions are attached to investors and let them affect your trading. I think the best way to do this is when it dips just close your broker’s site and get back to them after few days/ weeks. At least in this way, you will not be tempted to sell. Just always remember before entering your trade you must have a trading plan and execute it no matter what. Whether you have to wait for your target profit of just cut loss and buy back at the bottom.
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mifanmuzny
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Activity: 294
Merit: 16
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November 12, 2017, 08:31:37 AM |
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Accumulate when people are scared and sell them while they accumulate thats my theory of profiting
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margarete11
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November 12, 2017, 08:34:33 AM |
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Actually panic selling occurs merely affected by emotions. Whenever they see their holding dips, they panicked and dont they know what to do. I think stocks/coins that dips deeply is just a normal thing that happens in a market, but I think what is not normal is when emotions are attached to investors and let them affect your trading. I think the best way to do this is when it dips just close your broker’s site and get back to them after few days/ weeks. At least in this way, you will not be tempted to sell. Just always remember before entering your trade you must have a trading plan and execute it no matter what. Whether you have to wait for your target profit of just cut loss and buy back at the bottom.
agree that's why many new investors has always losing money because they really don't understand yet how the market goes ! they expect that bitcoin will go always up without considering it may fall sometimes , and when it happened they just don't know what to do and panic sell that make them lose money instead of gaining profit.
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crzy
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November 12, 2017, 08:36:08 AM |
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Accumulate when people are scared and sell them while they accumulate thats my theory of profiting Really great, take that opportunity to buy more bitcoin when everyone is scared. Bitcoin is our future, so dont panic and sell your bitcoin at loss always be profitable no matter what hold more.
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