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Author Topic: The panic seller irony  (Read 5676 times)
YinShuiSiYuan
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July 21, 2018, 03:18:45 PM
 #421

Panic is a big sin to have in cryptocurrency and the market.
The holy thing we need to do is be patient and have the guts to hold.
Make wise decision always

A large part of people make decisions under the influence of emotions. There is a simple path to failure on the financial markets. Instead of sitting down, calm down, think and make a wise decision they react emotionally. This usually leads to losses and subsequent regrets of making bad decisions.

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Kodok Bencot
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July 21, 2018, 04:02:27 PM
 #422

When the market is dropping more and more users are panicked and can not wait to wait, this is what makes bitcoin prices difficult to rise as last year and most speculators choose to get 1% profit rather than hundreds of percent by waiting.
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July 22, 2018, 02:22:43 PM
 #423

When sellers panic, this will push the market down more. And it seems that sharks are fond of this chaos.
yes true because of the panic the whales are happy because he will easily get bitcoin from bitcoin sellers in a state of panic. usually people who panic it is just people who do not have a strategy and beliefs are very sure to hold bitcoin at the moment see the price down they panic then sell it
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July 22, 2018, 07:28:38 PM
 #424

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 simple. There is lot of advices that it is the worse thing to sell when there is dip. Who want to listen, great. Who don't want to listen, it's their problem. They can cry later, it was their choice not mine. Smiley

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Ava Duvall
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July 23, 2018, 08:34:08 AM
 #425

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 which is surely higher than a lot of things to compare with. With the fud posted here and there, it can be understandable, some are gambling with a lot of money
Yes! and some people don't understand this!  people need time and they have different understanding about how they want to invest and when
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July 23, 2018, 10:50:43 AM
 #426

when the price drops we should not have to be panicked because if we sell when the price goes down it will only make us a loss and bitcoin prices will become increasingly down, better to stay calm and hold

Those guys that start to get rid of their tokens, spread the panic around. The other people begin to sell their alts, and the crypto market is falling.
Being an investor, the worst thing which you can do to yourself is none other than that of panic          selling and that too at time when every other investor is staying patient and that none of them is taking any such kind of decision which can then result in loss of his money. You have to hold your nerves and that you need to stay patient in every kind of situation in order to stay away from any such thing.
kidamazo
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July 23, 2018, 01:45:58 PM
 #427

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 actually a reasonable reason but I can say that every other particular seller in panic is not concerning himself as a part of big panic sellers community, so he doesn't think that something depends on him.
Jedie22
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July 23, 2018, 01:57:34 PM
 #428

When sellers panic, this will push the market down more. And it seems that sharks are fond of this chaos.
The panic selling is been attacking people for so long time. They sell immediately upon receiving news of low price coins. In yhe long run they will suddenly realized thatt hey made some unpleasant decisions that will be regretted in the future.
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July 24, 2018, 11:45:23 AM
 #429

we also have to understand it. because they are afraid that prices will go down, so they must be forced to sell panic. education that crypto is fluctuative is very important, to minimize the occurrence of panic seller.

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droptableguy2
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July 24, 2018, 12:56:02 PM
 #430

The number of negative news of course makes a lot of users to panic that makes the price drop and users also participate in panic, this is what makes bitcoin prices difficult to succeed like last year.
Exactly.
The news decides the market factor, the good news is okay. Bad influence greatly affects the market as well as the investor community. So consider joining and equiping yourself with escaping skills if any. News also affected the BTC is obvious.

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July 24, 2018, 06:20:13 PM
 #431

When I am transforming into a panic seller I can say that I don't give a damn about the price dumping and about different people struggling. I am just worrying about my losing money and tried to save them.
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July 24, 2018, 08:41:33 PM
 #432

yes be at you at least 10 bitcoins - you aren't interesting to the market as a whale. Just move on the market and trade in the pleasure from feet. It isn't necessary to think out anything any more, all these manipulations miscalculate with experience

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July 24, 2018, 08:53:00 PM
 #433

It's really an irony to see those panic sellers selling their digital assets in a losing price during crisis only to find out that it's getting high on the following weeks or months. But these ironies can be describe as stupidity when they are always doing it all the time.
The reason that happens is that many people invest in the market because they want to earn money fast, they are not here because they believe in the technology or because they are professional investors looking at the opportunity of their lifetimes, they are just a bunch of opportunistic people trying to earn money and while they may get lucky once or twice most of the time those people lose everything due to their lack of knowledge and the volatility of the market.
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July 24, 2018, 09:55:50 PM
 #434

what panic, if all who in the market understand long ago what sooner or later the bitcoin will cost very much and a lot of money?) Behind this technology and it is strange to hear the future that someone sells the assets

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July 25, 2018, 03:06:31 AM
 #435

Right. When I turn into a panicked seller, I can say that I am not giving a damn about dumping and about the different people who are in trouble.
I'm just worried about losing my money and trying to save them.
So do not be too anxious to calm down and solve the problem and get good results.
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July 25, 2018, 11:19:08 AM
 #436

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.
Those your colleagues will be regretting cause they sold that Bitcoin before the rush we had in 2017 which was around November – December. Same will be the fate of those that are panicking this year too, cause they will end up losing their opportunity. The price is already going up, and there are rumors about a Bull run coming soon but we are not yet sure of that. Would be better for anyone to invest now that there is time than when it is late. If you  don’t act fast, you might just end up in a Bull trap.

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July 26, 2018, 11:52:28 AM
 #437

Panic selling is typically driven by fear that the market for a particular industry, or in general, will decline, causing additional losses. Panic selling however, can have the effect of flooding the market with securities that are being sold at lower and lower prices, thereby driving the price down and causing more selling. Most market crashes have been caused by panic selling.
Emotions play a key role in everyone’s life and that there is no way that all of us can control our emotions in every possible situation as there comes certain situation when it becomes impossible to hold your nerves and there are so many different reasons behind that. The ones who sell at time of dump do this just because they find it difficult to stay patient and that they decide to sell everything they must avoid loss.

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July 26, 2018, 12:00:37 PM
 #438

It's not surprising that not everybody has the risk tolerance for such speculative markets. I'd be happier if crypto could be accessible to more people as a utility but sadly it's all tied to bitcoin's price a bit too much.
Fear that the market will decline causing additional losses, In event of panic selling, The market is flooded with securities properties or commodities that are being sold at lower prices in which further stumbles prices and induces more selling, Common causes of panic selling are: high speculation in the market, Economic instability and pollitical issues.
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July 26, 2018, 12:10:08 PM
 #439

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.
Dread that the market will decrease causing extra misfortunes, In occasion of frenzy offering, The market is overflowed with securities properties or items that are being sold at bring down costs in which additionally lurches costs and instigates all the more offering, Common reasons for freeze offering are: high hypothesis in the market, Economic unsteadiness and pollitical issues.
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July 28, 2018, 09:24:30 AM
 #440

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

Yes, they have concentrated almost all the cryptocurrency in their hands. Therefore, they can do whatever they wish - start to sell everything, for instance, and change the picture on the crypto market.
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