dharnamonitor
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January 04, 2018, 12:40:52 PM |
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Yes op, it might affect the price of bitcoins, especially if those bitcoin users who sell are whales though they did not panic sell but they just want to get their profit it could still affect if they sell a huge amounts of bitcoins and some btc users did the same thing but it might be short term decrease of price.
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bocahrawalo1996
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January 04, 2018, 02:30:12 PM |
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If the price of BTC and other securities/commodities is set by the most paranoid person, willing to sell the most.
Because they assume if they don't sell, some other paranoid person will beat them to it.
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Kodok Bencot
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January 04, 2018, 03:33:03 PM |
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The wrong thing in investing especially bitcoin is that we are impatient to look panicked, many people will sell when felt the price goes up or down more than 10% so this makes them lose the opportunity to get bigger profit.
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Biggapp
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January 05, 2018, 06:42:13 AM |
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I think some of the newcomers are just afraid of losing their money. They thought when in bitcoin they will just make profit and not getting a loss.
This is an extremely accurate statement. Many people invest in crypto because they are introduced and they think that it will not be risky, so when the fluctuations happen they are very bewildered and sold off all to get back their capital. I am agree with you almost all of our new users are making this kind of mistakes so they should know about it that selling of bitcoin will be good or not I mean people must know about their decision with bitcoin today. It is most bad time when people think about selling of bitcoin because if they will not think about bitcoin selling they will not suffer lose and will invest more in future.
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haster100
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January 06, 2018, 10:05:10 AM |
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Panic and other exaggerated emotions are not good for any business, especialy not the one with bitcoin and finances. You need to be cool. I know after such price pump many are expecting some big dump and they are prepared to sell but I don't think there is no reason for this, big dumps are not on the way.
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Agaton
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January 06, 2018, 10:20:45 AM |
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Panic selling will result price of bitcoin goes to the lower level. Panic selling happens particularlly month of december.
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Kevondo
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January 08, 2018, 07:04:35 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,?
Of course it will affect all Bitcoin users cause almost of them would get loss of their profit. But if you are in trading section the most important things is, stay calm don't panic if you see some movement of different coins just go on to the flow cause I'm assure you it will pump up again for the next day. If the price will dump we should not worry because believers will buy it, it will only create a temporary dump but eventually the market will recover because bitcoin is a legit coin that has a good future potential, think of what is has already achieve and focus on the more success to come in the future. Yes it is not good to take step like this because price of bitcoin is a thing that will never stop at one place. If it is low today then will grow tomorrow at this kind of situation I think only wise people use to keep patience and they hold it for long time. Most of time new users lose patience and they prefer selling bitcoin at time of decrease but mate just being patient is important thing in bitcoin today to make good profit for tomorrow.
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Shikaina
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January 08, 2018, 08:36:26 PM |
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If the value of bitcoin suddenly dropped down, panic selling attact is the next thing to take place which happened just recently. This is due to the mind set of the volatility of bitcoin which resulted to lack of trust on the foundation of bitcoin. Yes it will have impact if huge amount will be sold dramatically as it mean lesser demand. However, it cannot be denied that still a lot of traders hold on to the belief that bitcoin is still on the top and more people are investing on this powerful digital currency.
I think it is a natural reaction of everyone who has put out a lot of money in an investment and seeing their investment is in danger. Well, we cannot blame them it is being human. But for those who are experienced enough in this field maybe they dont feel the same.
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Bobthethird
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January 08, 2018, 08:39:50 PM |
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Just keep calm and hold if you believe in the future of bitcoin. If you are a shortterm investor, do whatever you want ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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hunterWood
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January 08, 2018, 08:46:49 PM |
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I think the liquidity of bitcoin is too high for such a scenario to happen, and too many people looking to buy. So one person panic selling will have no effect.
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Mandanai
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January 08, 2018, 08:51:07 PM |
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that's how the whale investors look for profits when he does a big dump must have many people who follow to sell the alt then the investors will buy all and they will get a big profit I think it is common.
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Barcode_
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January 08, 2018, 09:49:21 PM |
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There will always be some people spreading negative news about bitcoin at some point of time, one of the main reason is to make some traders lose confidence in the bitcoin trading market and made them sell their bitcoins at a bad rate, and they can buy some cheap bitcoin during the panic selling.
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alfs75
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January 08, 2018, 10:35:03 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 thinks this would not effect this into bitcoin when someone doing this,because the foundation of bitcoin is so hard,fixed and stabilize.bitcoin would not ruined into this simple kind of misery like panic selling and make huge dump happen,to make the profits because all of this kind of problem they experience it for the past few many years,and they are still there standing in front of us survive and continue to grow day by day to continue the bitcoin legacy to the next generation.maybe this kind of marketing strategy of panic selling wont buy in the market.
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shalnark
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January 08, 2018, 10:56:24 PM |
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There will always be some people spreading negative news about bitcoin at some point of time, one of the main reason is to make some traders lose confidence in the bitcoin trading market and made them sell their bitcoins at a bad rate, and they can buy some cheap bitcoin during the panic selling.
Yes you have a point when it comes in panic selling usually some people bought bitcoin & then they keep it and just wait increase the value. In additional for me panic selling is not good decision of people or users of bitcoin we will made, because is not the best decision to make when the value of your coins will fall down dont do the panic selling.
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MathGame
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January 08, 2018, 11:22:50 PM |
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Never sell your bitcoin when the price is falling those that do that will live to regret it.
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Bondho Kompeni
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January 08, 2018, 11:25:06 PM |
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If we do panic selling then the losses we get, we better do a good analysis and consideration before selling, and we should not ambition to get a profit that is too big so if the price falls then we do not panic.
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January 09, 2018, 12:39:23 AM |
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that's how the whale investors look for profits when he does a big dump must have many people who follow to sell the alt then the investors will buy all and they will get a big profit I think it is common.
Which is why it's best not to sell when the price drops, and actually buy more. I see a lot of noobs (as in brand new to Bitcoins, not that I'm any better), I see a lot of noobs buying, the selling as soon as they see some red, then buying, and selling due to panic. Lose money.
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The Alchemlst
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January 09, 2018, 03:48:20 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,?
Yes there would be one good example is what happens this early 2018 where bitcoin's price drops so much compared to how it soared high december 2017 because a lot of investors were satisfied because of the price and decided to sold their holdings thus resulting to a huge price drops.
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Kisanaq
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January 09, 2018, 03:53:42 AM |
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Do not ever sell when we panic, this will affect regret, there is much evidence that when panicked then everything becomes chaotic so I suggest to be patient and our soul calm when selling or buying.
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RedzoneASE
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January 09, 2018, 08:09:38 AM |
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Panic selling? It's not a good practice in Bitcoin field. You must be patient and have a strong heart if you join bitcoin. You cant gain a lot if you are too scared to bet. It this kind of market you need to gamble and wait for the right time.
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