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Author Topic: The panic seller irony  (Read 5676 times)
Zachwolf
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June 30, 2018, 10:12:42 PM
 #321

Many people do not know that trading is a game of skills and most times jump into it without thinking that it takes them time to make money from their day job. Some even involved in hard labour and most times lose those money with a fantasy that there are going to make serious profit from buy coins at the wrong time. You should buy when bitcoin is low and sell when it is high but most traders do the opposite and lose their hard earned money.

Don't be panic especially for the prices today that is very low. Stay tuned and think what to do for the situation of the market of bitcoin crypto currency so that we will decide properly.
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ucingucingan
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July 01, 2018, 06:45:58 AM
 #322

Like domino effect, which will emerge new problem from new problem from new problem until the problem reaches saturation point, that is ironic selling panik, there will be many party yanh disadvantage, just imagine someone new datanh in bitcoin dinia see price tends to go down then he will be selling panic and it will also affect other investors to sell their bitcoin
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July 01, 2018, 07:32:58 AM
 #323

it's sad to see a lot of people who panic sell and I think they are people who are classified to panic easily and can not be confident, not only that it is also trading they do not see from the situation.

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Gramna
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July 01, 2018, 07:54:15 AM
 #324

I feel you brother, this is a real problem, these newbies who are easily swayed by false news or the slightest downtrend of the market. These people are the ones who are in the games just because they heard about the good profit they can get from it. They didn't really put in time and effort to learn and know more about Bitcoins, how it works, its implications, the market, the volatility and how their actions would affect the value of Bitcoin. It is not enough that you have the money to buy coins, you should at least equip yourself with the knowledge and skill sets necessary to be able to contribute to the growth of Bitcoin and its community.

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bitcoinisbest
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July 01, 2018, 08:47:28 AM
 #325

Listen to an intelligent man, he says things. Although this topic was created long ago, it still does not lose its relevance. Do not sell, now history repeats itself.

This topic will always have the relevance till the time people do not stop panic selling due to which the price falls more than the actually it was supposed to get corrected and as a result people holding the coins end up in a loss and have to hold more till it gets recovered fully.
embargo
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July 01, 2018, 09:14:20 AM
 #326

It sounds very optimistic that we will win. But as a rule, most of them lose their money on investments. Panic always does its job. And most people do not learn from mistakes. Those who have very concentrated capitals in their hands and who make the weather on the crypto-currency market are making money.
neliawesome
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July 01, 2018, 09:30:03 AM
 #327

Yes it is true that mostly people who keep on blabbering about the downtrend of bitcoin/cryptocurrency are the one who did a big mistake through panic selling.Panic selling will really affects the market thats why till now its the one main reason why bitcoin is still at the bottom.
genuin
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July 01, 2018, 09:53:05 AM
 #328

I advise people not to panic just because of the bitcoin price.
before bitcoin soar i experience bitcoin at the price of $ USD 300.
do you think investing in bitcoin will always be profitable? I do not think so.
As a bitcoin owner you should know that there is time to buy and sell, understand it.
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July 01, 2018, 11:58:54 AM
 #329

I know some coworkers that sold BTC today, they are real casuals, they got into BTC because they heard it went up a lot, they don't know even to set a local wallet so they store their coins on Coinbase or wherever the fuck they buy at.

Well, they sold today at at the dip near the $4000 double bottom.

The irony is, these casuals are the ones that are always complaining about how it's unfair that BTC is distributed in the hands of few whales, YET, they are the ones that constantly panicsell and give their cheap BTC back to these same hands they are complaining about, because guess who is profiting the most on these dumps: whales. They buy lots of cheap BTC.

If you want whales to stop having so much BTC, don't panic sell or you will keep feeding them. Just focus on your own portfolio and keep stacking BTC on the dips. In the long term, we will win.

The only way to overcome this fear of loss and panic selling is to first tell your heart that you will not sell at a loss no matter what happens. Secondly try to keep yourself away from your coins for sometime so that you wont get further sad

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July 01, 2018, 12:03:34 PM
 #330

I know some coworkers that sold BTC today, they are real casuals, they got into BTC because they heard it went up a lot, they don't know even to set a local wallet so they store their coins on Coinbase or wherever the fuck they buy at.

Well, they sold today at at the dip near the $4000 double bottom.

The irony is, these casuals are the ones that are always complaining about how it's unfair that BTC is distributed in the hands of few whales, YET, they are the ones that constantly panicsell and give their cheap BTC back to these same hands they are complaining about, because guess who is profiting the most on these dumps: whales. They buy lots of cheap BTC.

If you want whales to stop having so much BTC, don't panic sell or you will keep feeding them. Just focus on your own portfolio and keep stacking BTC on the dips. In the long term, we will win.

The only way to overcome this fear of loss and panic selling is to first tell your heart that you will not sell at a loss no matter what happens. Secondly try to keep yourself away from your coins for sometime so that you wont get further sad

and we have another option to cover our loss and panic selling by close the computer, take a deep breath and go out for a while. don't think about the market in a day and do another thing that makes you busy. but if you cannot do this and only stay in your computer then I guess you will become more panic and you cannot control your emotion. never thinking that this is the end of the cryptocurrency because there will be a time for all coins to get increase again and you need to be patient.

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Abu Shadow
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July 01, 2018, 12:08:28 PM
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 #331

Everyone of us has the panic tolerance and we can't deny that we will be worried even if we know that it will bounce back in a few months. Our mind will give a question of "what if scenario that will end into panic". Yeah this is a risky investment, we need to control our emotions to avoid panic. For me as long as I believe in this technology then no need to worry or panic if the price will be in downfall as I know that this will recover soon.

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July 01, 2018, 12:24:03 PM
 #332

No doubt if panic sale are just making the price of bitcoin getting more downstream. And why those people agree to choice getting the cut losses if they still calm they will get more jackpot
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July 01, 2018, 12:51:30 PM
 #333

I know some coworkers that sold BTC today, they are real casuals, they got into BTC because they heard it went up a lot, they don't know even to set a local wallet so they store their coins on Coinbase or wherever the fuck they buy at.

Well, they sold today at at the dip near the $4000 double bottom.

The irony is, these casuals are the ones that are always complaining about how it's unfair that BTC is distributed in the hands of few whales, YET, they are the ones that constantly panicsell and give their cheap BTC back to these same hands they are complaining about, because guess who is profiting the most on these dumps: whales. They buy lots of cheap BTC.

If you want whales to stop having so much BTC, don't panic sell or you will keep feeding them. Just focus on your own portfolio and keep stacking BTC on the dips. In the long term, we will win.

Indeed, people who are strong to advice yet they are the who got to be panic first when the market price crashed. They can't even stick to what we call planned or mindset of a true holder. Personally, I haven't experienced such things because I grew up having weekly money, this would be my first time engagement from a different perspective of life of a crypto. I firmly believe that I won't be the one who sell due to panic.
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July 01, 2018, 12:53:37 PM
 #334

I know some coworkers that sold BTC today, they are real casuals, they got into BTC because they heard it went up a lot, they don't know even to set a local wallet so they store their coins on Coinbase or wherever the fuck they buy at.

Well, they sold today at at the dip near the $4000 double bottom.

The irony is, these casuals are the ones that are always complaining about how it's unfair that BTC is distributed in the hands of few whales, YET, they are the ones that constantly panicsell and give their cheap BTC back to these same hands they are complaining about, because guess who is profiting the most on these dumps: whales. They buy lots of cheap BTC.

If you want whales to stop having so much BTC, don't panic sell or you will keep feeding them. Just focus on your own portfolio and keep stacking BTC on the dips. In the long term, we will win.

Panic sales are the most important price reduction activity that should be feared in this market. These sales, which have become more dangerous than whale movements, are often helping to attract bottom-line prices. The first point to avoid from this psychology is to learn to patience and to act with caution. All the sales made at the time of panic will be reflected as extra profit to the capital invested by small investors while damaging small investors.
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July 01, 2018, 04:25:07 PM
 #335

If you are panicking about your bags, you have already lost.
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July 01, 2018, 04:34:32 PM
 #336

of course there will be panic because of the fall and everyone think that all of that will go off and nothing will reamin and this is pretty normal but i think the opposite of that.
I think it is normal too because bitcoin is very volatile and to those people who became panic they need to control their emotions for not to become a panic seller, We need to trust the process because in time bitcoin will surely recover and it become profitable, so we need to put more patience.
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July 01, 2018, 04:35:23 PM
 #337

Quote
If you want whales to stop having so much BTC, don't panic sell or you will keep feeding them. Just focus on your own portfolio and keep stacking BTC on the dips. In the long term, we will win
Exactly! Many people in crypto currency world know that one of the reason why there is a big dip in the market place is because of the will of whales but still they give into panic and started selling their bitcoin. The more the that the whales are getting bitcoin to fill in their bag the more that they can control the market.
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July 01, 2018, 06:49:37 PM
 #338

panic sellers are those who look the graph and the movement of bitcoin in smaller timeframes where they fallback first when they see the market is in a dire situation they act fast and they forget the possibility that the market can be brought back to the last higher candle again sellers like this is the victim of the whales and they are the ones who lose the money first.
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July 02, 2018, 12:42:07 AM
 #339

I am believe there is no benefits being panic with market condition. Panic seller will always loss their investment and patients investor will take benefits from them. Long term investment make us more relax and enjoy not matter bitcoin price have high volatile.
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July 02, 2018, 02:21:33 AM
 #340

I do not understand why everyone sells good assets like bitcoin and ethereum cheaply this year. are they affected by issues and bad news about crypto this year? I as a holder of crypto will not sell my assets and I believe crypto will be good for the long term.
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