The panic seller irony

[Starving_Marvin]

It is very wise system, But the problem is you can never know which deep would be the last one in bitcoins life, so you need to have good level of confidence.

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[xandra]

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.

Correct mate, lets not feed the whales by selling our bitcoins to them if we want to have great profit first we should learn how to wait when the bitcoin will go to the moon again so no regret feelings at the end.

[InvestICO2L]

that's what happens when the only knows of fortunately bitcoin but could not understand the risks and analyze what happened. panic became a thing that many people concluding when their investments fall. This is not a cruel market, however wrong they are not yet ready to enter the crypto.

i think that we all know panic selling while investing is just a normal and natural thing in crypto market. and all of us even know that panic selling is really not a useful decision which may help us to reach a good income.  but rarely do i see that most people can reinvent theirself to change this sort of this bad habit. i wonder people prefer hearing positive result than negative result, so why they don’t think in positive way foremost so that they can act positively. just pay attention on your way of investing, trading , let keep learning and change our strategy if you find a little bit irritation in your strategy and don’t leave anything affect to your decision. That would lead you to not selling panic.

[Silberman]

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.

Having money does not make you an investor, many people around the world had the advantage of being born in a family with money and in less than two generations most of those persons become poor and the reason is simple they do not know what to do with their money, a qualified investor even if he has a small amount of money will outperform a person with money in this or any other market all the time.

[reinielle26]

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.

Having money does not make you an investor, many people around the world had the advantage of being born in a family with money and in less than two generations most of those persons become poor and the reason is simple they do not know what to do with their money, a qualified investor even if he has a small amount of money will outperform a person with money in this or any other market all the time.

Very well said. Investing requires knowledge and experience in able to make a wise decisions for your investments. It is not just the money, if you do not possessed any skills you will just lose your money like the others.

[petronus]

Who wants the loss? I know everybody is confused to see the price of crypto which decreased greatly this year. whether they can not wait until the market recovers? Selling at a low price means to reduce the price of crypto continuously.

[KorakPawon]

yes obviously when it comes down in the business world, must be ready for any risks yag will face, one of them when the price is falling, but try not to panic because it is a common thing, if you panic ya get ready to lose money

[STT]

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.

I think panic sell might add into distribution of Bitcoin.   It creates liquidity excess that means the coin supply can exceed normal demand, we see that in a lower price but also it allows greater availability to more participants.   It must be why Bitcoin has the best distribution of any crypto, I think it was like a 18% figure vs 80% for some crypto types residing with just the top 100 holders.
We're had alot of selling often in the past, so the news that China is communist is not the greatest reason to sell.   BTC is global and I hope never in orbit to 1 nation

Dont ever look at Ripple if you dont want a nasty shock, most of that coin supply resides with the people who invented it.   They suspended some supply to make it appear rarer then it is.   Opposite to BTC where our creator just disappeared and never used his initial control of a large part of the monetary base.

I believe capitalism in general is an ironic system.   The panic has a benefit to other parts of the market.   Your friends get back their value and maybe they have to pay bills now and cant wait.  Thats fine, liquidity is a good thing and provides assurance to holders.   Also it keeps trading loose, a spike is actually a negative and can show the opposite even as price goes up alot the overall growth of the market capitalisation is not as great.   Slow and steady wins the day is basically what Im trying to say.

This applies to 2018 and throughout the summer, theres nothing really wrong with BTC trading in this area.   The main point is really that it must keep developing and improving in usage and capabilities and imo ease of use is essential however fine it might be performed in technical terms the effective usage is most relevant to success.   Lots of ideas can happen and lots of growth

[Casdinyard]

This happen when someone get his self here without proper knowledge and just following the trend. And it's psychological effect of hype because people gets more attractive when something is on trend and even it's now a high value they still buy it. But when they see it falling they quickly jump into conclusion that they scammed. And I'm sure that when bitcoin recovers again many will put their eyes again and buy. It's very ironic tho, buy high and sell low.

[Starving_Marvin]

Everybody who sells from panic are contributing in the general dump of the price. I for sure can understand those people who sell, but you just need to confirm that nothing's gonna change if you would continue selling what you have.

[BitcoinMarketer39]

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 selling is a very bad idea because most of the people who are losing a huge amount of their investments are due to panic selling , always try to study the market before making a decision.

[tepakpak]

Panic selling is a traders disease, they sell because they think the price will drop again. We must be calm and let the market always flow. But the panic is also useful to the public.

[dinar99]

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 its tru, panic seller will affect the bitcon price.

[Emitdama]

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.

This is a dilemma that people aren’t understanding. They must know what the reason behind drop and hike of bitcoin is. Majority cases have same reason and that is when people start panic selling, they let increase the number of bitcoin in the international market. So this just increase the supply of bitcoin while demand is still the same, so this unsaturation gets the prices down.

[gareng1468]

panic sales are often to find, this habit is common when many people dump their funds. I think it is normal that more people joining business on trading and struggling. I rarely meet people who really save to investment. price changes are more influential than the trader is not a serious user to invest in a long time.

[paynercash]

Panic selling is a traders disease, they sell because they think the price will drop again. We must be calm and let the market always flow. But the panic is also useful to the public.

The panic of many retail investors also affects market prices as it makes the value of some of the short-term plummeting, but this is a very good opportunity for investors to be able to. Buy yourself good coins at very low prices. I think this is the time when the cryptocurrency market is creating the lowest level this year.

[Panpan66L]

It is so true, everyone who is selling during overall panic sell, he contributes into a global fud and into dump. Because the more peple are selling, the lower goes the price at that moment.

[ballerin and giroud]

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.

Surely, that's the your way who will not sell bitcoin or eth at the lower price. But everyone will have different desires, we never know people who sell assets when the price decreases will lose, that's the fact. And it is very hypocritical to blame people who have not made a mistake, but if you see from the rights as a user of cryptocurrency who do panic selling is not wrong, everyone is entitled to do as you say you will keep hold even though the price continues to decline.

[Dikpora77]

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.

because they don't want to lost more money so they sell their coin, it's very normal when you put much money in there and see that news in month by month about cryptocurrency not getting better make you doing the act. But if you still keep some of your money for facing the condition like this you will not being panic and still calm wait a good news in cryptocurrency. So don't spend all your money in cryptocurrency so you can make a good decision in cryptocurrency next day.

[Dukjila]

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.

I think panic sell might add into distribution of Bitcoin.   It creates liquidity excess that means the coin supply can exceed normal demand, we see that in a lower price but also it allows greater availability to more participants.   It must be why Bitcoin has the best distribution of any crypto, I think it was like a 18% figure vs 80% for some crypto types residing with just the top 100 holders.
We're had alot of selling often in the past, so the news that China is communist is not the greatest reason to sell.   BTC is global and I hope never in orbit to 1 nation

I fully agree with everything, I even met the investors' recommendations somewhere, that they made purchases during the panic and from this they got a good profit.
It is worth mentioning that such investments require steel nerves and confidence, otherwise nerves can not stand and sell at the bottoms.