The panic seller irony

[lelangsabun]

panic sale are really made price more even worse and the awful it can make the holder who sale didn't wana trust to investing to it again so this is just a worse chain scheme

[inooll00]

That's why an investor should always prepare a backup plan for their needs so that when their needs are pressed they do not panic enough to sell crypto assets. Because if already panicked, will no longer think of profit and loss.

[jovs]

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.

Do not be a panic seller, in a way you will not contribute to the price dump. Let the system undergo to normal correction and not by allowing the whales manipulate the price by having the majority of bitcoin in the market. Stop listening to negative speculations and fake news because it narrows your options and chances of achieving success from the full potential of bitcoin.

[BulbaLord]

I think because of lack of understanding and knoledge about  bitcoin markets makes many people panic.and people want to sell their coins rush because the price of btc falling down. For me Thats not good idea you lose your profit.

[sepeda karat]

The crypto market speculators started to panic in the last twenty-four hours. Crypto's price rebound in the global bourse suffered its biggest decline after earlier in December, and was repeated again in mid-January. Bitcoin prices even fell by more than twenty percent.

[agentx44]

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, 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. And what really annoys me is that, they complained a lot like why is that, why is it, how come... Some kind of itchy words for those people who take bitcoin/crypto not so serious.

[The Sceptical Chymist]

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

Ouch!  Man, if they'd just held on they'd have doubled their money (depending on how close to $4000 they bought).

While I agree with the OP, not everyone can handle the risk to lose money, or not everyone has the stomach to handle the volatility of the crypto market

Especially not the casual investors who are risk-averse and are just looking to make a quick profit--and there are many of those types, I'm sure.

I was thinking about this today. Of how whales can manipulate the market, and so essentially it's perpetual free money.

It's not just whales, but the combined market effect of many traders.  And I would say that if the market cap keeps increasing, it'll be much harder for any one person (or even a few people) to make the price of bitcoin move.  Think about how hard it would be for a whale to move the price of Apple stock on his own--it would be near impossible to do so, because you'd have to be trading billions of dollars worth at once.

In either case, I'm not sure what to think about where we're at now in bitcoin.  I was expecting a break higher, but it looks like we've gone lower.  Not much lower, but we're in a pretty good dip right now.  Probably a good time to buy for those with money.  I am not one of those, but I'll be watching from the sidelines.

[ethereumhunter]

I think because of lack of understanding and knoledge about  bitcoin markets makes many people panic.and people want to sell their coins rush because the price of btc falling down. For me Thats not good idea you lose your profit.

yes, this is irony for people which getting panic because they see the price is getting down. but if they want to learn that this will always happen in the cryptocurrency, they can be patient and they can hold the bitcoin and not do fast selling because they only getting more losses. but it depends on that person because I think not all people can handle their emotion with good and how long they can hold their bitcoin and not selling their bitcoin until the price increase back.

[resty]

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.

Wonderful indeed. They keep complaining to the fault they made. That's why we really need to understand how these system of Crypto currency goes before making any move so that we can ensure or success in the near future. It is really true that those empty cans create more noise. Guess what internet is very easy to access and still many newbies wanted to be a spoon feed here in Crypto world. So frustrating.

[AnisahSiti]

a very inspiring story. these are great tips. I read this thread on the same conditions that I'm looking at right now. even some friends I talked about, see me commenting at the moment. they are experiencing panic seeing bitcoin the price is down at this time. and sell it, when he just bought last night at price 8.xxx.

[ChConcept]

Any actions done without throughly thinking about it, the consequesnces and the possible outcome more often than not, would be contributing more to the problem than the intention solution. The irony is that, they think they are solving the problem by panic selling when in fact they are adding to the dump meaning, adding to the reasons why the price will go down further. These are just some of the things that the newbies should be aware about, most of the time our intentions are good but the outcome of our actions states otherwise, so we have to be careful on them.

[Qungis]

This is the right decision, you have to buy cheap and sell expensive. Then we get profit, not loss.

[DisWhale]

I call them the "experienced killers", they buy at prices which are quite high and sell when they see two or three consecutive dips. They lack coaching and are always prey for the crypto market manipulations. These people are the ones who circulate most of the fake news around due to their suffered losses.
It is always advisable to seek counsel in areas you wish to enter and yet without any experience or skills.

[Ulfatron]

The key thing is to never invest more than you can afford to loose. Then you will never end up in a situation were you are forced to panic sell.

[trickyriky]

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

I do agree with you here. Nevertheless, I cannot stop hoping that this year will be a breakthrough for Bitcoin. It will be recognized in many countries.

[cloudproject]

yeah panic sell really just making this thing making worse then before, and even worser. the people who panic about the falling didnt know if they are just a food for the whale it self

[ourepts]

Maybe almost all investors are experiencing it. Like I've experienced the same thing a panicked seller. Maybe they are still just joining in bitcoin investments with thinkers fearing their initial capital is all gone so that the panic sells. But within 1 month ahead the price rises and regret that will come. My advice only be patient for success in investing.

[Nyenyepogi]

Maybe almost all investors are experiencing it. Like I've experienced the same thing a panicked seller. Maybe they are still just joining in bitcoin investments with thinkers fearing their initial capital is all gone so that the panic sells. But within 1 month ahead the price rises and regret that will come. My advice only be patient for success in investing.

Well it is normal in crypto world I'm sure all of the investor are fear to lose their investment but always trust the process because the price will not always keep rising so always be ready in this kind of situation, just hold and used this chance to buy more.

[Paul Pogba]

This is a fact that is happening, the number of users who panic and sell bitcoin at a cheap price will make the price continue to fall, as a true investor we must always be optimistic that the future of bitcoin will continue to improve

[aso118]

Maybe almost all investors are experiencing it. Like I've experienced the same thing a panicked seller. Maybe they are still just joining in bitcoin investments with thinkers fearing their initial capital is all gone so that the panic sells. But within 1 month ahead the price rises and regret that will come. My advice only be patient for success in investing.

The key difference is the amount you have invested. If you invested a little amount of money, so that even if the price dips you are not worried, you will be safe. There is a possibility that Bitcoin may lose 90% of its value and that should not give you sleepless nights. Then you can afford to sit back and enjoy the rollercoaster ride, getting ready to cash out when the price of Bitcoin really takes off.