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Author Topic: The panic seller irony  (Read 5729 times)
icecream sandwich
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September 09, 2018, 10:25:35 AM
 #501

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.
Agree with you hahahahaha. These people always complain about the price of current bitcoin but they do not know that they are the one who also destroy it in terms of panic selling.
millionaireshs
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September 09, 2018, 11:15:24 AM
 #502

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.

That's a great strategy and should be our strategy so that we can be able to play with them. This isn't a myth and really existing so rather that always complaining about those big whales why not have strategy to stand still. Like what has always said, these panic just make the situation even worse.
nur rochid
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September 09, 2018, 11:23:52 AM
 #503

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.

That's a great strategy and should be our strategy so that we can be able to play with them. This isn't a myth and really existing so rather that always complaining about those big whales why not have strategy to stand still. Like what has always said, these panic just make the situation even worse.
in essence the popes are looking for food from panic sellers, those who sell cheap will be eaten by the pope, this gives us education that to remain calm and patient in dealing with the market, and sell panic will make a loss for themselves
Toraokun
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September 09, 2018, 12:43:14 PM
 #504

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.

Sadly something like is common thing in cryptocurrency especially Bitcoin. They only know success story about other people make they interest in here, but aware about how risky Bitcoin without knowledge about it.

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Monta3002
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September 09, 2018, 01:40:55 PM
 #505

Don't be surprised. All beginners on bitcoin make a lot of mistakes because they don't even do research they were believed it is an easy investment because of its popularity. Just do buying in dips and let noobs lost their investments

Gogosialver
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September 13, 2018, 08:08:40 AM
 #506

We know the price of bitcoin fell by more than %60 since the beginning of this year. And certainly there are many people who panic about this. Let alone the price has not been happen recover until now. It makes me even more panicked but I'm always convinced that the price going down will definitely come up someday. and I have to be patient to make a big profit.
ayesha703
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September 20, 2018, 04:51:01 PM
 #507

Quit agonizing over what the other person is doing and answer your own inquiries. There is no master out there who knows what's to come.

neurotypical, your model is a decent outline of why you shouldn't take after the group. I'm speculating your collaborators are not doltish. They might be awesome at what they do. Notwithstanding, when individuals are anxious and attempting to settle on choices without learning, they look to the gathering and duplicate that conduct. Which implies purchasing close to the best in a market craze and offering close to the base in a frenzy. Precisely the opposite you need.

I'm normally holding my bitcoin as far as might be feasible that why I consider as a financial specialist, however, there is a hazard underneath it

For instance being financial specialist may have an extraordinary benefit in the event that you hold it in long-haul however on the off chance that bitcoin vanish before let say 2019, we are in the misfortune!
Irviyandi
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September 20, 2018, 07:39:20 PM
 #508

It's a pity that panic sales because panic sales can cause the price of a coin to decrease even more so that many people lose because some people who make panic sales

aalborg
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September 20, 2018, 09:29:36 PM
 #509

I hope they didn't buy then for 20 k usd at the pick point
These panic sellers quit crypto at the wrong moments. Now btc is higher than 4000, but it seems that price is too low compared to ATH.

Nobody knows best price, but my vision is long term and future possible price of btc is more important for me. I believe it will reach 50-100 k in following 3 years.

Don'be panic seller, become a smart investor!
Invest money for a long term and don't be affected by manipulations
Harrisonimo
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September 20, 2018, 10:22:40 PM
 #510

I don't really blame the panic sellers in all as they don't really get a full picture of what they are doing wrongly. Also, for the few that do know, I believe that when great needs/expenses arises, they might or often left with no option than to sell off their bitcoin irrespective of the knowledge they have.
cr7
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September 20, 2018, 10:43:13 PM
 #511

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.
Any trader thinks that fighting with the whale of bitcoin, although he (the trader) can destroy the chain that the market can subsequently go up or down... So he's fighting himself, his fears. It's better to rest at this time!
samycoin
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September 20, 2018, 10:51:45 PM
 #512

Well panic selling will never gone in crypto world every down of price in the market many people immediately panic and sell their funds then after that when they see the price bounce back they feel regret. That's why it's important that we have a long patience if you want to earn a good profit.

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darefreads
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September 21, 2018, 03:14:10 AM
 #513

I don't want to blame any investors that gets panic when they see the market going down because I'm once a investors who gets panic before just messing with some other stuff. But know selling their currency in the market while it has a low value won't help them with selling it because they may lose the amount of they invest before they get into it si better to add some patience.
indog
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September 21, 2018, 03:17:10 AM
 #514

That's all that panickers can complain about. They make the wrong step, give their assets to the whales nation at a cheap price by saying "now is the day of whales", it's stupid!, if they don't sell then whales will starve

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Lexurdania
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September 21, 2018, 06:05:04 AM
 #515

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 is not good in any market. We should always be patients with our investment. Most people just want to make quick profits and i am believe its not healthy for market growth. If we want crypto market growing bigger, long term is best option and i am believe big profits is on long term

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laravuemaster
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September 21, 2018, 06:38:40 AM
 #516

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 will always happen for the people who are not well knowledgeable about how cryptocurrency works, that is the reason we should invest even more when the market prices are decreasing.

pelipurlara
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September 21, 2018, 07:52:41 AM
 #517

Guys, you need to see the whole picture and not to be limited to the short term. Unless you want to do daytrading, just buy your BTC, put them somewhere safe and forget about them for few years.

It is also valid for those buying in December.
People are most of the time very short sighted when it comes to investments and that is a very serious issue because whenever they see that their investments starts to go down, they are in a panic mode to start selling and they lose out of profits as a result.

that is what distinguishes experienced traders and beginners, because beginners always only take and want profits quickly without seeing the long term in crypto currency
sabarr
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September 21, 2018, 09:14:29 AM
 #518

true, panic will only make the situation worse and you will lose your money, it's better to stay calm and think positively, hold the bitcoin you have and wait because the price of bitcoin will definitely recover and will rise again
Valakqueen
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September 21, 2018, 10:37:35 AM
 #519

What are the rules for cryptocurrency sellers? Market prices really disturb the psychology of the buyers. Which solution for balance?
jun yamamo
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September 21, 2018, 01:22:11 PM
 #520

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 way in which institutional investors make profits by using the mass psychology of many individual investors is common in the exchange market.
There will be a bigger impact on the cryptocurrency market with high volatility.
Inexperienced individual investors are food for the whale.
Such a diagram will always get up.
Research is necessary to understand big risks and to trade by judging "selling", "buying" and "keeping" themselves without being distracted by surrounding opinions.
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