How to Stop New Trader from Panic Selling?

[waqarkahloon]

It is clearly seen in recent weeks that News channels, newspapers and social media create a big panic in crypto market. This is may because of New investors in crypto market who dont have connection with old traders of crypto. SO what is best way to connect them with cypto market epxperts so that they cannot be caught by Common media created FUD like recently every where news that BICOIN IS A BUBBLE.

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[OgNasty]

Casascius coins have been a great way to store BTC and disincentivize it's spending.

[waqarkahloon]

Casascius coins have been a great way to store BTC and disincentivize it's spending.

what are these coin?

[0930AM]

we could not

this is about the mentality and purpose of invest in Bitcoin

IF the new trader comes in the market as a short term opportunist, no matter how the mechanism be set up or the news spread out, it could not change anything

Buy and Sell is the nature of Trader

Therefore the key is attract new believer instead of trader

[waqarkahloon]

we could not

this is about the mentality and purpose of invest in Bitcoin

IF the new trader comes in the market as a short term opportunist, no matter how the mechanism be set up or the news spread out, it could not change anything

Buy and Sell is the nature of Trader

Therefore the key is attract new believer instead of trader

When somebody dont know anything about crypto market. They dont have interaction with old traders, then how can they not sell on all FUD created my our media.

[hajami]

we could not

this is about the mentality and purpose of invest in Bitcoin

IF the new trader comes in the market as a short term opportunist, no matter how the mechanism be set up or the news spread out, it could not change anything

Buy and Sell is the nature of Trader

Therefore the key is attract new believer instead of trader

I agree with you, new traders are usually looking at short term wins. Seeing a drop will make them scatter.

[waqarkahloon]

we could not

this is about the mentality and purpose of invest in Bitcoin

IF the new trader comes in the market as a short term opportunist, no matter how the mechanism be set up or the news spread out, it could not change anything

Buy and Sell is the nature of Trader

Therefore the key is attract new believer instead of trader

I agree with you, new traders are usually looking at short term wins. Seeing a drop will make them scatter.

A small FUD created by anybody makes them feared of loosing money because there is nobody to tell them the big profit ahead so they act what they listen.

[HabBear]

Casascius coins have been a great way to store BTC and disincentivize it's spending.

Are Casascius coins now going to have more appropriate valuations? Now's the time for Casascius coin trading to pick up again! The surging price of bitcoin was killing their market!


Don't worry about the new traders. Let them get out. There's always dumb money in any market. If you believe in Bitcoin long term and can devote more side cash to it, buy into the decline!

Everyone was amazed at the price growth and now they're shocked that it's bouncing back? This is how investment market works, people!

[waqarkahloon]

Casascius coins have been a great way to store BTC and disincentivize it's spending.

Are Casascius coins now going to have more appropriate valuations? Now's the time for Casascius coin trading to pick up again! The surging price of bitcoin was killing their market!


Don't worry about the new traders. Let them get out. There's always dumb money in any market. If you believe in Bitcoin long term and can devote more side cash to it, buy into the decline!

Everyone was amazed at the price growth and now they're shocked that it's bouncing back? This is how investment market works, people!

well said about new traders. they will learn from loosing money as we did in our early days

[Morchid]

Some people can't digest the fact that bitcoin's price might decrease any time, any day. So to avoid such a situation people just sell their bitcoin whenever price rises as they think "Something is better than nothing", so they get some profits which would help them only for a short run. They do not believe that if they don't sell it and wait for some more time the profit ratio will be higher along with higher risk involved.  

I personally think it's better to hold on to crypto currency and reap its benefits than to sell early and make little $$$.

[perla]

it depends from themself, we can't do anything about it because, not only new trader. some expert maybe will sell their asset to buy back in lower price, that can effect in price too

[iamTom123]

It is clearly seen in recent weeks that News channels, newspapers and social media create a big panic in crypto market. This is may because of New investors in crypto market who dont have connection with old traders of crypto. SO what is best way to connect them with cypto market epxperts so that they cannot be caught by Common media created FUD like recently every where news that BICOIN IS A BUBBLE.

We are in an open market...freely they come freely they go. When the whole market is in panic there is nothing we can do to stop it and just ride it out or wait when things would cool off and the potency of those news would subside. Reaching out to those in panic will not do anything to stop the carnage...the more they will panic when they are requested not to. This is all about that fear of losing everything. Will the future of Bitcoin still rosy after this gloomy incident happening right now?

[ivrynx]

For new traders,what they need to do is to educate theirselves first, it seems that most new traders don't have any clue on what thry got themselves into, it is not like a walk in the park, this is investment, the higher the risk, the higher the volatility, the higher the reward and it comes with a double edge sword, it can also give you a great loss of income, they should realize by now that it is not easy investing, you need to be technical sometimes and not just go with the flow of things, like, when then value is going down, you sell due to panic, when the value is going high, you start to buy, that's just craziness, if they have done their studies, by reading more about investments, speculations and not just listen to personalities, whom they think are all knowing, they will also realize that their ignorance is very expensive. This temporary downfall has a positve side, we will see that bitcoin will still recover from this, and especially, for us, who have trusted bitcoin, we know that bitcoin will rise to the occassion and again give us additional hope, and funny thing that i've read on the threas which is true, times like this, we would see a clean up of investors, but not newbies, but we will see those who have weak hands, those people that sell out of panic, and the real investors, those people that knows the flow of the market and what to do on times like this, that usually takes years of experience and a lot of books that have been read, which is sad to say, new investors today are lacking.

[pooya87]

why would you want to do that? there are always going to be newbies who will have weak hands and because they want to believe what they read on shit-posting websites and will never believe anything else.
besides nobody in this market wants them gone. do you know how much money people made in the past few days that those newbies were panic selling at a loss? not to mention the hungry whales that will buy at the bottom and become bigger.

just take their coins and let "them" buy back at a higher price later. it is not like we are going to have more bitcoin than it was planned! the cap is fixed

Casascius coins have been a great way to store BTC and disincentivize it's spending.

what are these coin?

physical bitcoins

https://en.bitcoin.it/wiki/Casascius_physical_bitcoins

[waqarkahloon]

Some people can't digest the fact that bitcoin's price might decrease any time, any day. So to avoid such a situation people just sell their bitcoin whenever price rises as they think "Something is better than nothing", so they get some profits which would help them only for a short run. They do not believe that if they don't sell it and wait for some more time the profit ratio will be higher along with higher risk involved.  

I personally think it's better to hold on to crypto currency and reap its benefits than to sell early and make little $$$.

yes because they dont know much about crypto at earlier stage.

[red4slash]

If he was an old trader he would understand crypto games but if a new trader just did from the information he got on some web. And when want to make traders stop panic sell is to convince them that crypto is high potential (if they are new traders) Make sure they do not always believe in an uncertain news

[Eternu]

I guess there is no way of stopping news from spreading, and with that stopping a panic sale. Even people who know what bitcoin is and how it works would sell if they see they will lose from investment, and return if everything calm down after sometime. People who know what bitcoin is and how it works, they will know what to do, and which situation is which. They will understand what is going on, and from there they will decide what to do.

[waqarkahloon]

I guess there is no way of stopping news from spreading, and with that stopping a panic sale. Even people who know what bitcoin is and how it works would sell if they see they will lose from investment, and return if everything calm down after sometime. People who know what bitcoin is and how it works, they will know what to do, and which situation is which. They will understand what is going on, and from there they will decide what to do.

with time they will learn their loss and then they will not do that again in next panic

[affandi]

all will end when the issue that destroys the bitcoin price is lost. because I think the person who made the issue is smiling while accommodating the bitcoin price at the low price. the panic will be over soon after the issue is gone, all we have to do is calm down and nothing else.

[Intersan]

Honestly this time, most of the bitcoin user is packing cause of dumping of bitcoin price. China is one supplier of bitcoin and now bitcoin is banned in china, this will the reason why we are panicking, and for me to avoid that emotions we need to think. Think that the price now is high compare when it started. And I will advice that much better to earn a bitcoin to avoid losing some money/capital. Like others that wants to earn a bitcoin instead of buying bitcoin to avoid panicking for our money.