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Author Topic: The panic seller irony  (Read 5303 times)
erikoy
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August 03, 2018, 02:40:25 PM
 #481

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.
As of this moment i guess that there are many panic seller because bitcoin market price gone strong a while ago but then it does fall so fast and now were heading back to the baseline of bitcoin market price. I do not really know if this is because of panic seller of there is manipulating the market price for bitcoin in preparation for the upcoming months for bitcoin market price to soar high.

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Henry Sy
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August 03, 2018, 04:24:30 PM
 #482

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.
Actually, if we want to have a big profit. Let's try to control the supply of the coin so that it will increase the price if the investors demand on that specific coin. Please don't panic sell. Try to wait and hold your coin first.
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August 03, 2018, 04:44:27 PM
 #483

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.
Actually, if we want to have a big profit. Let's try to control the supply of the coin so that it will increase the price if the investors demand on that specific coin. Please don't panic sell. Try to wait and hold your coin first.

Yeah all you need is to keep calm and wait until your coin will pump, it can really happen if you invest your money at a potential coin. That is the reason why need to check first the platform and the roadmap of the coin, to know if it's potential .

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August 03, 2018, 04:56:10 PM
 #484

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 current buyers are mostly new people and not very understanding about the world of Cryptocurency, where they are very afraid if the price of BTC down,It could be that when the Bitcoin is going down, these new buyers will panic and continue to sell their BTC, the cheap price and cause the weakening of the price of Bitcoin.

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August 03, 2018, 05:03:25 PM
 #485

This is an irony, they can not wait to sell with a loss condition, this is what makes bitcoin prices continue to drop and difficult to achieve big increase like last year.

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August 08, 2018, 03:01:52 PM
 #486


It is ironic, when bitcoin prices fall, small investors fear that the money will disappear and be sold immediately, on the other hand speculators hold bitcoin comfortably even though prices fall because they believe that the price of bitcoin will rise. Ironic but real. When prices go down, big investors buy in large quantities, because there is a large purchase of bitcoin prices moving up. While small investors are already profitable to sell again, finally when bitcoin prices soar, large investors enjoy.
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August 12, 2018, 06:48:26 PM
 #487

Panic selling will only regret and it is very ironic, if they can be patient and still trust the bitcoin market then they will still hold when the dump occurs, they should keep thinking about profit that have been planned at the beginning in order to be able to be patient to sell.
Such actions are only for newcomers and those with no knowledge of electronic money. To be honest, there are a lot of people who are successful in electronics because they have a good spirit. Financial balance and clear strategies rarely fail. Those who panic, should learn more.
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August 12, 2018, 07:33:01 PM
 #488

Actually, at that moment it was more right than it is now. The crypto market is falling sharply, causing short-term investors to panic. But I think this is the right time to start investing in this market, I think today the penny has bottomed out and this is a good time to invest. This risky market is there and it is for those who take risks.

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August 12, 2018, 07:56:46 PM
 #489

Going through the RSI Chart it is clear that the market is in the oversold state. This confirms the increased selling on fear of losing as the price of bitcoin as well altcoins continue to fall low without any specific reason or issues leading to the lack in growth of cryptocurrency market capital. Here long term investors just make use of the available opportunities.

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junglist.massive
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September 01, 2018, 01:58:04 PM
 #490

I think that especially with bitcoins, people are constantly under pressure.
Every stock exchange opens and closes each day. And they have weekends as well.
Those are times when you can not trade and you have time to think about your investments.
The cryptocurrencies don't have that. Every time you turn on your computer you can see movements in the charts. There is no break.
No break for the market to cool off either, by the way.
Sometimes this is all just too much, and the people sell.

I would say that if somebody plans to hold coins over a longer period of time, it would be a smart move to avoid the charts.
You can't feed the whales that way.
But it seems the trader we discuss is a novice trader who entered the trading world because of Bitcoin. Not only see the price, it’s possible when they see the news of their hands immediately tremble. This is a good move for them if they continue to pursue it and as friends we should help them through the difficult times together.

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September 01, 2018, 02:04:00 PM
 #491

People like this usually don’t do enough research into cryptos and that’s why they lose more often than win. It’s not a good stategy.we have to patient and wait a positive news from market.
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September 01, 2018, 02:57:54 PM
 #492

a good strategy and input, I think also like that, the price drops does not mean the losses that come and also does not mean this is the right time to sell but on the contrary this is the right time to buy as much as you can, keep thinking positive don't get negative issues and markets the down is making you panic, otherwise you will regret it
 
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September 01, 2018, 03:45:18 PM
 #493

On the merits of the question I can say the following:
You can not buy cryptocurrency on the second consecutive pamp, if the rate has already grown by 20%. You can not merge on a rebound after a small pamp, because it is likely to be followed by further growth. However, you need to be prepared to sell the crypto currency at a loss, for the sake of purchasing at a lower price in case there is a global drain, which always ends with any large-scale pamps.
It is impossible to evaluate the sayings of burnt hamsters as a serious analyst and listen to their words. Since, as a rule, those who have already purchased at peak prices are advised and it is not the first day waiting for "when the course returns to its former heights."

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September 01, 2018, 03:49:51 PM
 #494

panic sellers are stupid sellers because they are affected by a slightly lower price even though he can get a lot of profit if he waits a little
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September 01, 2018, 05:15:40 PM
 #495

Yeah, the topic that seems to never die just because people'll never learn. The first thing to do when you enter crypto society is to do your research into that and try to understand at least a little how it works, but people still tend to sell everything in panic and contributing to the situation.

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September 01, 2018, 10:38:19 PM
 #496

People panic when bitcoin values decrease. So it is a bloody experience for those who have lost their money. We need to overcome fear.

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September 01, 2018, 10:51:54 PM
 #497

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.
It's a relatively new market, that hasn't even been regulated yet. Generally speaking, unless you understand the innovation, or were here since the beginning, chances are you wouldn't understand Bitcoins true worth, regardless of being a casual investor or veteran. If you don't have a clue, Bitcoin becomes just another get rich quick scheme some are looming to cash out on.
    Casuals are a necessary evil, because without curiosity, there would never be any real growth. The name of the game is supply and demand my friend and she takes no prisoners.
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September 01, 2018, 11:14:05 PM
 #498

I agree with your idea about whales having all the bitcoin distributed among them because the panic sellers are selling them at low price. Yet honestly you can't blame a person for doing so maybe because they need that money. Maybe they need it importantly during those times and had some panic that it might just go very low. Buying coins at the bottom is really safe for whales because it won't go even lower but because those panic sellers you call buy it at a higher price then their is always this emotion of selling it even at low price to prevent from losing too much.
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September 07, 2018, 03:35:08 PM
 #499

This is a lesson for them in the future if they don’t give up playing in Bitcoin, then they will surely find out for themselves if they are smart and gather with the community, otherwise natural selection will prevail. Besides there is nothing to be afraid of casual trader, they’re only a small part of the market only.
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September 09, 2018, 08:10:16 AM
 #500

These kind of things usually happen for those people who are not firm enough to stand right there on their own feet when panic hits them a lot, they probably found selling it without having some kind of judgement if it they will lose or gain in the battle.
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