DON'T DO PANIC SELLING !!!

[amaral1977]

Hey everyone

finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them...
Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way!
Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else...

Many people entering BTC at this highs is coming from traditional money. With a good percentual increase, even for 5 or 10% and some FUD the panic will begin. People are used to 1 or 2 % profit on stocks. If they have 10 and a bad news. Panic it is, and down we go. And that means a buy order on my side.

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[Lonsdayl]

Hey everyone

finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them...
Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way!
Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else...

Many people entering BTC at this highs is coming from traditional money. With a good percentual increase, even for 5 or 10% and some FUD the panic will begin. People are used to 1 or 2 % profit on stocks. If they have 10 and a bad news. Panic it is, and down we go. And that means a buy order on my side.

Right, people like be in panic. Nobody want to lose their money, but the crowd also do not want to lose any chance for "easy and quick money".

[btcjocan]

Hey everyone

finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them...
Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way!
Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else...

Many people entering BTC at this highs is coming from traditional money. With a good percentual increase, even for 5 or 10% and some FUD the panic will begin. People are used to 1 or 2 % profit on stocks. If they have 10 and a bad news. Panic it is, and down we go. And that means a buy order on my side.

Right, people like be in panic. Nobody want to lose their money, but the crowd also do not want to lose any chance for "easy and quick money".

That's right. If you will do panic selling, you might not get the chance of gaining a lot because you sell it already when there are so many people selling it. There's no need to panic when the bitcoin price will decrease because we all know that it will not last for a long period of time. Just like now, bitcoin price is constantly increasing. So, we just need to trust our instinct that there's no need to hurry for the money.

[Doell]

Many people entering BTC at this highs is coming from traditional money. With a good percentual increase, even for 5 or 10% and some FUD the panic will begin. People are used to 1 or 2 % profit on stocks. If they have 10 and a bad news. Panic it is, and down we go. And that means a buy order on my side.

panic is the worst nightmare for humans, panic selling to minimize a reasonable lose if the situation is not helpless, therefore smart people like me and you take advantage of this moment of panic

[Fantomas81]

My bag of alts costs almost the same in USD like before BTC rally. Of course FOMO is bothering me, but I'm still hodling. Last days relaxed already... To late for sell for me...

[Ronaldcoin2017]

My bag of alts costs almost the same in USD like before BTC rally. Of course FOMO is bothering me, but I'm still hodling. Last days relaxed already... To late for sell for me...

well i agree on dont do panoc selling because the result of that is looses i think we should provide a limits for our emotions  because sometimes emotion is really a big factor that can affect our self mode and by then we can loose.but i think if we are experienced enoughf to any kind of situation maybe we can handle this thing.

[okissabam]

I think most of the people who panic sell are the newbies because those traders who knew the price of bitcoin and other coins and know that it will increase back its prices will hold on to their coins and does not panic sell.

[chickenado]

Many people entering BTC at this highs is coming from traditional money. With a good percentual increase, even for 5 or 10% and some FUD the panic will begin. People are used to 1 or 2 % profit on stocks. If they have 10 and a bad news. Panic it is, and down we go. And that means a buy order on my side.

panic is the worst nightmare for humans, panic selling to minimize a reasonable lose if the situation is not helpless, therefore smart people like me and you take advantage of this moment of panic

I hate to hear panic selling especially those people who believe right away from the speculations that spread everywhere. There's no point if you allow negativity to yourself. You are in safe hands with bitcoin and stop panic buying. Make use of your time to secure even more of your bitcoin but don't do that again and again once you hear something bad about bitcoin. Always make sure that there are many reliable and fact information from the head itself to avoid panic buying.

[Kidmat]

I think most of the people who panic sell are the newbies because those traders who knew the price of bitcoin and other coins and know that it will increase back its prices will hold on to their coins and does not panic sell.

The worst case in trading is doing panic selling, definitely this will gives a big impact on your funds. A big possibility of suffering loses. For us to become successful in trading it should be control your emotions and I agree those newbies are most likely in this situation.

[TastyChillySauce00]

I think most of the people who panic sell are the newbies because those traders who knew the price of bitcoin and other coins and know that it will increase back its prices will hold on to their coins and does not panic sell.

The worst case in trading is doing panic selling, definitely this will gives a big impact on your funds. A big possibility of suffering loses. For us to become successful in trading it should be control your emotions and I agree those newbies are most likely in this situation.

Panic selling is not wrong, sometimes can save you from massive pump atleast cut lost, but as a trader we also need to use our logic to read the whole situation and read the chart aswell.
People often do panic selling when there's a bear trap because they don't use their logic instead, following the trend of trading.

[edynolan]

You are right, a beginner in terms of trading is now an average of panic when you see the price dropped dramatically when going back to the previous higher price again. But of course for all of us for beginners including myself almost every time I make a mistake trading at the first time. following someone's words in return so the price would get worse so I sold it when it was very dangerous.
my only advice is not to listen to other people's words but follow your heart because you start and it all starts from your choice not on them

[ivrynx]

This is true, do not to panic selling, we all see now that the price of Bitcoin is around 6000 USD, we should be careful by this time and keep watch on the news, times like this, are when people who do not like bitcoins come out, and wants the price of Bitcoin to lower down or to destroy Bitcoin itself, if ever a negative news comes out, we should keep our cool and do research, in any case the news is false, we still have our Bitcoin, but if we sell it, just by hearing about a fake news and not investigating, it will be our loss, we should make a plan as well, in whether what to do if the news we receive is real or not, but panicn selling is never an option, it will just tuin your investment and your experience. We should also study the movement of Bitcoin and the market, since there are a lot of factors affecting the value of Bitcoin, one negative news, will not make an impact, unless we do not make our diligence in studying and making up a plan on how we can have situation, be it bearish or bullish, be on our side.

[peter0425]

This is true, do not to panic selling, we all see now that the price of Bitcoin is around 6000 USD, we should be careful by this time and keep watch on the news, times like this, are when people who do not like bitcoins come out, and wants the price of Bitcoin to lower down or to destroy Bitcoin itself, if ever a negative news comes out, we should keep our cool and do research, in any case the news is false, we still have our Bitcoin, but if we sell it, just by hearing about a fake news and not investigating, it will be our loss, we should make a plan as well, in whether what to do if the news we receive is real or not, but panicn selling is never an option, it will just tuin your investment and your experience. We should also study the movement of Bitcoin and the market, since there are a lot of factors affecting the value of Bitcoin, one negative news, will not make an impact, unless we do not make our diligence in studying and making up a plan on how we can have situation, be it bearish or bullish, be on our side.

As much as we really want to think and believed that investors really researched for any news that impact the price of bitcoin, its not the case, specially those newcomers in the market because they think that bitcoin is a quick rich scheme. That's why when the price crash, they don't hodl because they know understand what hits them, and the first instinct is to really push that sell button. And then they go out and never comes back because they didn't meet their expectations and probably go back to altcoins which for me is much trickier than bitcoin. If they would just stay and hodl and not panic sell, I think they will really understand how the market works. Unfortunately, its too late for them and most regrets their decision to panic sell and exit early.

[Emitdama]

My badluck. I always sell my bitcoins and other coins in panic. I try to hold those coin but I can't. 

Everyone will face the situation but you need to risk your money and you can't get profits anymore if you can't wait. Many people are holding Bitcoin by not selling them in the market only because they patience in order to make more money.

Patience is the basic foundation for every bitcoin investor because that is how they will make profit because the longer they wait then the bigger of profit that they can get in bitcoin investment or other form of investment. In investing, it is all about the patience and if you already have a lot of patience then you can easily become a winner in investing.

For future it is not a good sign that you always use or sell your bitcoin because you need some money for day to day life. Think about the past when you do not have any bitcoin and you were able to save some money and invest it in some business and was able to spend your time without withdrawing money from your business. The same is here with your bitcoin wallet. If you don’t plan you will never succeed.

[miltonpogi]

Panic selling is most common occurs when a investor has on emergency or in a hard situations. But regarding to this topic there is another meaning of panic selling, it tells on the other side that it is the felling when everyone want to sell all their bitcoins because of the high exchange price, but this attitude will be bad for me, because as I see bitcoin price is not permanent it's price goes up and down so we will never predict how high it can be the value of bitcoin.

[zidanw]

Holders get more profits because of the panic sell, actually bitcoin has proven it from a similar incident like this, where there was a decrease and then bitcoin prices rose higher, I think this is a familiar thing.

[Xester]

Panic selling is most common occurs when a investor has on emergency or in a hard situations. But regarding to this topic there is another meaning of panic selling, it tells on the other side that it is the felling when everyone want to sell all their bitcoins because of the high exchange price, but this attitude will be bad for me, because as I see bitcoin price is not permanent it's price goes up and down so we will never predict how high it can be the value of bitcoin.

I did panic selling before because I was afraid to lose.  That time was because bitcoin price continuously goes down.  I was new to bitcoin then so I sold everything.  I regret it so much because just after a night bitcoin is back and much higher.

[miyong]

Hey everyone

finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them...
Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way!
Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else...

Your right, i will hold my bitcoin because i want to gain more profit and i find it good to have a bitcoin for a long term of investment and consider it as my savings also.

[mega_carnation]

Some exchanges have a automatic system to sell their coins if it reached a certain trading value, better make sure you inactive yours, if there are.

It depends to the trader if he's going to activate that feature of that exchange but if I were you, sometimes it can be helpful if you are trying to ask for a good price. And whenever you have reach the price you have set then it will be selling it automatically which is good if you are away and you can't check your trades, so sometimes this is good but not all the time.

[RedX]

People who are emotional or a newbie in trading always panic when FUD spreads and lack of information push them to sell their btc. It's just a natural reaction for starters because I've also done this before but they will be able to sort this out when they gain more knowledge on crypto.