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Emem29
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December 24, 2017, 12:01:13 AM |
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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... That is true although its price now is already higher than before, we will not sell all our bitcoins. Lets hold some and if we need money sell some. Dont be a pannic seller, becuase if you a pannic seller you loss all of you fund. And you have no profit, be a wise if you are a trader. Dont be afraid, Price of bitcoin is up again at $15k so that's a good one to buy more, becuase bitcoin reach 30k dollors. |
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GloriousDonkey52
Newbie
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Activity: 68
Merit: 0
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December 24, 2017, 12:05:38 AM |
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If you are really wise, Try to hold until bitcoin reaches a certain amount where you will have a big profit. Once the BTC is dumping better to buy coins than to do panic selling.
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Deimos030
Member
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Activity: 71
Merit: 12
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December 24, 2017, 12:16:48 AM |
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yeah dont worry plz the end is far away...
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Fantastic33
Member
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Activity: 308
Merit: 12
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December 24, 2017, 01:00:07 AM |
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There was a decline of bitcoin price this week, and because of that i converted some on my bitcoins into money because i was afraid that the decline will continue. But after reading on forums, i regret what i did because they said the decline is normal and the price will increase again. So what i did is i converted again the money to bitcoin.. i wont do it anymore... Instead i will hold my bitcoin and wait.. i wont panic again. That was the biggest mistake that i did.
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CookieGums
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December 24, 2017, 01:36:56 AM |
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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... yup until now some of the holder makes panic selling because the price of the bitcoin become more higher but i think the right thing to do is to hold the bitcoin until the end of the year because the price now is dumping but it will be back. the strategy of the market of bitcoin is good because they know that many of the holders will sell their bitcoin because some people needs money for the upcoming christmas and new year. |
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avia
Member
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Activity: 224
Merit: 11
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December 24, 2017, 01:47:18 AM |
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We can never stop worrying everytime bitcoin value drops especially to those who invested too much and those who depends on bitcoin as their source of main income. Though there will always be a possibility for bitcoin to rise after dropping but we can never tell when it will pump and upto how high it will pump.
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vegethegreat
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December 24, 2017, 01:54:29 AM |
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Bitcoin is also like usual market, it goes up and down. Thats why i dont panic even the price drop rapidly, because I know it will goes up again just hold and wait.
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vv181
Legendary
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Activity: 1932
Merit: 1273
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December 24, 2017, 02:06:05 AM |
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We can never stop worrying everytime bitcoin value drops especially to those who invested too much and those who depends on bitcoin as their source of main income. Though there will always be a possibility for bitcoin to rise after dropping but we can never tell when it will pump and upto how high it will pump.
Those investors who bought Bitcoin at the cheap price actually don't care about the little correction on Bitcoin because they already well-understand the technology and potential of Bitcoin. They have faith in Bitcoin, so they do not get easily FUD which it could help the Bitcoin market price tanking. The problems are the newcomers' traders/investors who didn't understand well about the coin they invest, they still not have a foundation, so they usually get panicking when Bitcoin has a dip. |
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Bitcotalk
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December 26, 2017, 05:50:50 AM |
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I think panicing is unhealthy when you are in crypto currency. When you are investing or trading don't panic too much because you will loose your focus on what you are doing. You will sell your crypto even at a lower price.
Panicking is not only bad in crypto market but also in real life. It has very serious negative effects on your life. You really need to practice staying calm and cool no matter what the circumstances are because this is the only way you are going to make some decent money by trading and investments. To live a successful and happy life, you need to stay as cool as cucumber under unfavorable circumstances. A good businessman never feel panic because lose and earn is the part of business and bitcoin is a business. If you want to sell or buy don’t panic and hesitate because life gives us very little chances to earn money and be successful. So it is a chance to get rich and fulfill all your dreams of life. There is nothing to be panic. It needs dare to invest in bitcoin and once you invest then there should no problem either you buy or sell. |
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dvillier
Member
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Activity: 238
Merit: 57
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December 26, 2017, 06:00:45 AM |
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I think panicing is unhealthy when you are in crypto currency. When you are investing or trading don't panic too much because you will loose your focus on what you are doing. You will sell your crypto even at a lower price.
Panicking is not only bad in crypto market but also in real life. It has very serious negative effects on your life. You really need to practice staying calm and cool no matter what the circumstances are because this is the only way you are going to make some decent money by trading and investments. To live a successful and happy life, you need to stay as cool as cucumber under unfavorable circumstances. A good businessman never feel panic because lose and earn is the part of business and bitcoin is a business. If you want to sell or buy don’t panic and hesitate because life gives us very little chances to earn money and be successful. So it is a chance to get rich and fulfill all your dreams of life. There is nothing to be panic. It needs dare to invest in bitcoin and once you invest then there should no problem either you buy or sell. The panic selling of the bitcoin is very harmful becasue the hard workof you with bitcoin you make is lost. Don't make panic selling hold your bitcoin even the price go low than 10,000$. The value will raise up soon and you will get enough before it was. If you make panic selling you will lost your bitcoin and also your hard work with bitcoin. |
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TheGreatPython
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December 26, 2017, 12:05:07 PM |
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Yeah. Dont do panic selling. Its a good sign that bitcoin price is decreasing because the result of is a bigger price/Higher price.
Panic selling is not a solution at all of any problem whether the coin is increasing in value or dumping hard. You should never ever sell your coin at a prices which is less than the price at which you bought it. The panic selling with bitcoin is so childish and absurd because this coin is all the time increasing in value and if it dumps for some time, you should stay patient as much as you can because patience is a virtue. |
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Wong Gendheng
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December 26, 2017, 01:42:56 PM |
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Yes, most of us when we see prices rise or fall 10% per day it will panic and sell bitcoin, this is certainly very harm us in one day because the next day the price goes up again.
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supercanada1
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December 28, 2017, 07:38:16 PM |
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yes panic selling of bitcoin will give lose and will make you cry when you will see bitcoin just next after you sell your bitcoin. I know price of bitcoin is good and will give an opportunity to all of us to have high profit. It is not good and wise decision to sell bitcoin when you are having an opportunity to sell bitcoin at high price and can make good per month income just with bitcoin holding so just be patient and hold your bitcoin.
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GPU5970
Member
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Activity: 70
Merit: 10
"Highest ROI crypto infrastructure"
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December 28, 2017, 10:07:39 PM |
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It is ironic because the forum is full of weak hands at the moment, they are selling out all their bitcoins because they think that the price will go to zero, i am scared too, but i wont sell my bitcoins for a tiny price.
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arrivabazza
Jr. Member
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Activity: 50
Merit: 10
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December 28, 2017, 10:09:47 PM |
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People who panic don't should be messing with the crypto deals unless that panic is making them on profit.
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Zertoshi
Newbie
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Activity: 67
Merit: 0
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December 28, 2017, 10:19:43 PM |
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Panic is bad.
I prefer to sell quietly a small stack of 500BTC just for my present needs (a yacht).
I am also happy to see all those newcomers buying them at $10,000+/BTC.
So welcome, and thank you for your money!
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erichall
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December 28, 2017, 10:33:17 PM |
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There's really nothing you can say to convince people not to panic sell. This market is different and very volatile and there's a lot of players that will buy or sell at the blink of an eye
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Bloomie
Newbie
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Activity: 84
Merit: 0
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December 28, 2017, 10:33:43 PM |
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The way I see it is I'm not selling at a loss no matter what, and from there it becomes an easy decision to just hold on to it. The price won't remain 14 or 15k forever, it's bound to go up sooner or later. Just a matter of time.
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michkima
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December 28, 2017, 10:43:44 PM |
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Well, I guess everybody just did a panic sell after the price of bitcoins reached an all time high around $19,000. I did expect it though, as the price has risen quite fast and very high for no reason at all. I would say that prices should always be growing steadily or exponentially (but not at the level we've just experienced). Though I guess the recent drop was indeed due to the correction of the price but that also includes the effect of people that panic sold their holdings.
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ClaraLuV
Full Member
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Activity: 236
Merit: 100
Presale is live!
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December 28, 2017, 11:00:58 PM |
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It's not about selling or money, it's about anything: don't take decisions when you are in panic!
Try to calm down, regain lucidity, and only then make the move.
What do you suggest when you see your investment value goes down,you panic and sell off to stop further damages,but in the case of crypto currency the market is volatile and the market will recover after some time and may be with a few months,so holding on to your coins is a good idea,but it wont be the case with other form of investment. |
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