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Author Topic: DON'T DO PANIC SELLING !!!  (Read 8879 times)
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October 11, 2017, 11:23:28 AM
 #41

Holders wont do it but they will be pushed to the edge if someone is creating a FUD to making them panic.
It is natural with the new ones and they might be trying the buy and sell method.
There will always be a panic if ever a price drop come.

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October 11, 2017, 11:55:23 AM
Last edit: October 11, 2017, 02:26:42 PM by Ararbermas
 #42

No worries, btc price will always recover and go beyond
Yes that's right its always recover  even it's always keep crashing. Cause this scenario always happen even before. But it will not continue to fall it will climb again as the predictions of community on this year end.  Lets just wait or hold instead of eagerly sell
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October 11, 2017, 12:07:43 PM
 #43

Until now people should know that even if Bitcoin values go down they will again go up in a short period of time. I have still seen many people who start panicking and start selling their bitcoins as the prices go down. Even I don't panic sell during the prices are low I just wait till the prices go up again and only then I would use my Bitcoins fir buying something.
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October 11, 2017, 12:18:54 PM
 #44

If you are sure, you will never panic. bitcoin several times up and down. but in the end bitcoin back to rising, even now it's almost reached the highest price.
so you have to be sure and have a target. If not, you will be easy to panic because it has no purpose

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October 11, 2017, 12:23:35 PM
 #45

Guess we couldn't really make other people calm when their is a new's about it,
Even if it's just a hoax there are some people that would panic since their money is involve in it.
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October 11, 2017, 04:08:33 PM
 #46

Looking at the chart it doesn't seem like anyone was panic selling. The market is fairly resilient right now. The critical point will be whether we manage to break through USD 5k,- -- once we manage that a huge psychological barrier will be torn down. Even if the next attack on USD 5k,- fails I don't see the market dipping any time soon either. Maybe some sideways action, at worst.

I only got in here for the profit, you think it would suffer a crash before the end of the year? I've noticed recently that my subs on YT are talking about bitcoins more often and they keep saying that the "infighting" could ruin it. Well I suppose that wouldn't be enough to stop people who want to come in for a quick profit.
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October 11, 2017, 04:19:45 PM
 #47

This is the hardest thing to do because almost everybody wants to make money. So they will sell that when their bitcoins have grown. But we can not avoid it because when one sells and others see that the price of bitcoins is falling, it definitely follows the sale order so they can save the amount of their bitcoins. And buy again when bitcoins crash
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October 11, 2017, 04:22:13 PM
 #48

There are no reasons for panic selling now, the price is looking good. But in periods when the price starts to dump it's very hard to convince some users, epecialy those with lack of experience, not to sell and to accept the volatility as normal process. But I guess that comes with experience on the Bitcoin market and controll of emotions.
Some people just can't understand that Bitcoin price can't rise forever.

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October 11, 2017, 04:23:13 PM
 #49

Hey everyone Smiley

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...


I agree with you mate! We should not do Panic selling instead pump more bitcoins for the future. If the demand is high, the price will rise up too. So if people keep on dumping bitcoins due to panic selling, the demand goes low and so is the price. Just hold and use it well!
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October 11, 2017, 04:25:04 PM
 #50

Hey everyone Smiley

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...



Yes, do not panic selling because the price of bitcoins is likely to decline when people are selling. So we should have the cooperation to increase bitcoins. But it has a small chansa because many people day by day need the bitcoins. So its price is flactuating
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October 11, 2017, 04:34:34 PM
 #51

When I've reach my target, I sold for profit and I keep the rest , hold it as long as possible no matter what will happen
Seeing bitcoin keep increasing every year is a prove that bitcoin will stay strong for next few years ahead
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October 11, 2017, 04:44:36 PM
 #52

Such nice attempt to convince others.  Cheesy

It's good and really people shouldn't be worried about the prices now because if they start panicking then it could create the chaos situation again. If the chain of selling starts then it starts dam crazy and people go all crazy about it. Hope so this time prices surges all through 5K and then hit the bottom rock of 6K. That's now seemingly possible I believe as long as people keep it tight investment.
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October 11, 2017, 04:58:52 PM
 #53

If people are not dumping there BTC just trying to play with the exchange rate,if you sell your bitcoin now for any rate you may buy this later for a good rate then again if the  price will go down to this level,then they will make some easy a lot of almost nothing and I don't panic in selling btc.
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October 11, 2017, 05:02:15 PM
 #54

When I've reach my target, I sold for profit and I keep the rest , hold it as long as possible no matter what will happen
Seeing bitcoin keep increasing every year is a prove that bitcoin will stay strong for next few years ahead

Well that what would I do.  But since I never reached yet my target, I will just keep my bitcoin.  In times I need to withdraw some of it, I will withdraw them.  I will never do panic selling again.  That is the worst thing I ever did with my bitcoin before.
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October 11, 2017, 05:06:41 PM
 #55

Well, BTC price hasn't decreased that much, and it is fluctuating very near $5000. Maybe it can decrease because of the Forks that will be happening till end of year, and that yes, out of panic could make a impact in BTC value. But selling and buying, is also natural for a market, so it's needed.
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October 11, 2017, 05:29:08 PM
 #56

Hey everyone Smiley

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...



It has been always an advice to other not to panic sell. However, some people just won't listen. Many are weak about seeing Bitcoin go down so they tend to panic sell in order to lessen the casualty. The whales might get some moves also. Dumping some of their coins so that the price will decrease and then panic selling comes after. This is an incurable disease for cryptocurrency community.

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October 11, 2017, 05:32:48 PM
 #57

Hey everyone Smiley

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...


I know on what are the things on your mind that you would need to see bitcoins price to continue its rising price but we cant really deny the fact that there are people who do make short trades.Its not actually panic selling but rather be called as profit taking.Just like we do see recently the price is almost hitting up on 5k but suddenly going back down.Well this thing isnt really surprising anymore but hopefully soon we would able to break that barrier.

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October 11, 2017, 06:43:40 PM
 #58

Holders wont do it but they will be pushed to the edge if someone is creating a FUD to making them panic.
It is natural with the new ones and they might be trying the buy and sell method.
There will always be a panic if ever a price drop come.

I've never really seen the buy and sell method work. Does it work for people in the US that already have fiat in an exchange? It's incredibly hard to do in my country because of the spread. It usually have a $200 difference between the buy and sell price. So me, I just tend to just hold.
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October 11, 2017, 06:48:49 PM
 #59

Hey everyone Smiley

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...


I know on what are the things on your mind that you would need to see bitcoins price to continue its rising price but we cant really deny the fact that there are people who do make short trades.Its not actually panic selling but rather be called as profit taking.Just like we do see recently the price is almost hitting up on 5k but suddenly going back down.Well this thing isnt really surprising anymore but hopefully soon we would able to break that barrier.

The panic selling is the worst thing that a bitcoin holder can do ever. It makes you lose money, plus it makes you miss great opportunities in the market. Just awful honestly. I never sell in case of loss.
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October 11, 2017, 06:49:36 PM
 #60

The actual price is good, but it will be higher in the future most likely. So if you plan to hold for long term you can earn good profit after some months/years. But there is some people look only for short term profit, so they sell rapidly with the first rising of the price.
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