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Author Topic: The panic seller irony  (Read 5729 times)
Elkafi
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April 29, 2018, 04:11:01 AM
 #181

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.

yes, it is true. the bitcoin is long term investment, we can get alot benefit from it. by seeing this fluctuations today, I see, prefer hold and wait the price will rise. day to day trading you will get lesser of profit.
themughni
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April 29, 2018, 05:18:45 AM
 #182

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.

be patient. you prefer to hold , dont panic. if you are panic and sell , you will lose alot . the best way is hold and wait.it is the term investment.
loraalbert
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April 29, 2018, 09:04:44 AM
 #183

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.
We live in an uncontrolled and legalized crypto ecosystem with certification or verification. That would be unlikely to change, as it is a cycle of market volatility. Pumping processes are unlikely to capture and predict until they actually explode and spread fear and panic in large numbers from investors and users. Optimistic thinking and experience, patience of each person can overcome that FUDs. But you will not be able to change this process. It is characterized by "decentralized supply". It is also characteristic of "wealth".
rizqillah
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April 29, 2018, 09:31:16 AM
 #184

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 is true   , you must be patient. If you panic and sell the bitcoin , you will lose alot. keep calm and hold until the price go up.
horrifiedx1
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April 29, 2018, 09:58:03 AM
 #185

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.

yes, it is true. the bitcoin is long term investment, we can get alot benefit from it. by seeing this fluctuations today, I see, prefer hold and wait the price will rise. day to day trading you will get lesser of profit.
bitcoin is a long-term investment because its existence has not been recognized by many countries in the world. by seeing that technological developments can not be avoided, then btc will be used by many people, so that price will go up, therefore it is now suitable for investment

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ethereumhunter
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April 30, 2018, 04:43:05 AM
 #186

so I guess we can learn from their mistake and we don't have to do the same thing like they did because at least, we still calm and not become panic even the price reaches the low price. I think if they can learn more about patience, I am sure that right now, they can make a lot of profit but unfortunately, they never learn from their mistake and they only do the same mistake over and over. that is irony especially if that person is only want to make a big profit without know that everything has a process to reach what we want.

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CASTIEL05
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April 30, 2018, 06:06:42 AM
 #187

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 Sellers complain about the manipulation of whales yet, they did not notice that they are the reason why does the market is manipulated. They emphasize what others doing but they did not see how they really dumped the price. Some whales are holding their coin when there is a crash and for me, they are the reason why does the crypto market did not decline.
In my opinion, we should put all the blame in whales because all of us are part of the market and each mistakes and failure will affect much the others.

elkafee79
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April 30, 2018, 07:06:17 AM
 #188

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 is true ,Dont panic. you will lose alot if you are panic. keep calm, wait and believe the bitcoin price will rise.
Apes
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April 30, 2018, 07:18:16 AM
 #189

The reason they panic may be because they are new to the world of crypto and I am sure if they are people who have long known what they should do when the market situation decreases .. and because they do not want to learn or find information when the market situation decreases or there is a problem others .. panic just make trouble or make wrong decision, but after that they will realize that it is wrong and start to understand and gradually they will understand the world of crypto ..
gambitcoin53
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April 30, 2018, 07:35:05 AM
 #190

The reason they panic may be because they are new to the world of crypto and I am sure if they are people who have long known what they should do when the market situation decreases .. and because they do not want to learn or find information when the market situation decreases or there is a problem others .. panic just make trouble or make wrong decision, but after that they will realize that it is wrong and start to understand and gradually they will understand the world of crypto ..

yeah, we can say that they are impulsive sellers, who panics every downtrend occur, usually they have lack of interest to further analyze the volatility of bitcoin, they don't know how to read the graphs, if they see a down trend, they sell quickly resulting of loss and eventually put bitcoin system as a failure. and then the complaining starts. but let us admit, we are also once like them, let us help them by informative topics in trading dos and dont's.

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April 30, 2018, 07:36:52 AM
 #191

Regardless of our effort to inform panic sellers that they aren't making a rational decision, they will always exist. They just can't let their minds control their emotions.
julzcoinbit
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April 30, 2018, 07:47:04 AM
 #192

The reason they panic may be because they are new to the world of crypto and I am sure if they are people who have long known what they should do when the market situation decreases .. and because they do not want to learn or find information when the market situation decreases or there is a problem others .. panic just make trouble or make wrong decision, but after that they will realize that it is wrong and start to understand and gradually they will understand the world of crypto ..

That is one of the reason why some investors easily panic and sell all of a sudden their bitcoin or whatever they had because they don't enough  knowledge on crypto world. But there was some reason why some people dump their coins because they need it on that day and unfortunately coincidence the bitcoin was fall its market value.
BagzMM
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April 30, 2018, 08:36:46 AM
 #193

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.

yes, it is true. the bitcoin is long term investment, we can get alot benefit from it. by seeing this fluctuations today, I see, prefer hold and wait the price will rise. day to day trading you will get lesser of profit.
Panic sellers are always a losers as this technology is not appropriate for them. Maybe they need to shift to conventional investments that's not a volatile behavior. They just give the whales to do more manipulations as they can get easy money from those panic investors.
genixye
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April 30, 2018, 08:44:41 AM
 #194

Everyone's ability to withstand the market is different, especially when it comes to encrypting currencies.

If you panic when you run into a drop, you lose more money.
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April 30, 2018, 09:16:53 AM
 #195

This is something that is uncontrollable when the holder is a newbie. By lack of research, understanding and setting goals on how a certain holder will profit in his/her investment. What happen is total loss and negative comments about Bitcoin that investment here is sucks and they are been deceived. For me as a investor better to set goals that this is long term investment, always put in mind that this is not something by the flick of our hand we get rich in an instant. As a investor I have to complacent in my investment. I think this basic will help to success in Bitcoin.

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April 30, 2018, 09:29:39 AM
 #196

Isn't BTC went down last september because of normal correction and Jamie the FUD Dimon? I have read an article before that whales keep getting their stash bigger and bigger. Because they don't panic. That's what happens when you don't panic, you end up getting more buy strategically purchasing it cheaper to the one you sold it higher.
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April 30, 2018, 10:01:11 AM
 #197

I always feel Panic selling is somehow an ABSURDITY to this field if actually one is a very serious minded Trader who is very focused and knowledgeable about his Business transactions. The Big Boys or Whales are forever ready to purchase cheap BTC during Dip sales, not minding any effect that may generate from this idea to either the sellers or the industry, so far they are doing fine. Should we now continue this Diabolic process to continue merigorounding where the poor becomes poorer and the rich becomes more richer which are of course shortfall of fair distribution or negative egalitarian. Please keep hold of your BTC during Cheap Dip periods and take wise decision during Stability periods.

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April 30, 2018, 10:45:05 AM
 #198

Yes, I think that the people who keeps on complaining about the downtrend of Bitcoin's price are the same people who  sells their coins and contributes to the dump. They don't understand the consequences of the actions they are taking because of fear, panic and impatience would actually put them in a more bad situation meaning, the price would go lower because of the dump.

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April 30, 2018, 10:47:25 AM
 #199

Panic selling is normal for investors who really don't believe in what they invested on, I know a lot of people who are still lanic selling even though they have years of experience in investing, this is not something that we must do habitually, since it will decrease out earnings and capital. To avoid panic selling make to target an exit point, once the value reaches that high or low, simply withdraw, at least you have a plan, what I notice from panic sellers, is that they do not have a solid proof plan, it is like they just invested for the sake of investing, thus the reason they are always investing in both bull trap and bear trap periods, then just an hour of research, they believe in FUDs already, and that strategy will just make you loose everytime.
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April 30, 2018, 10:57:38 AM
 #200

Yes I truly don't like panic selling people. They always make my investment worst whenever I think my investment will go skyrocket then people start panic selling leading to dropped prices of bitcoin.
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