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Author Topic: DON'T DO PANIC SELLING !!!  (Read 8879 times)
Morgann
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February 09, 2018, 11:18:31 AM
 #861

yeah why people sell their bitcoin now dont panic its natural for a currency. They are the cause why bitcoin now is very low they sell lot of their assets and buy other coins. but some people sells their coins because they already got profit or they need money .
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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February 09, 2018, 11:34:39 AM
 #862

I never panic sell bitcoin. after the March crash.

Well thats a goid thing, cause if every exchanger do this kind of habit, I think lose will count on us, what I am trying to say is, if people will set their token on smaller price the effect will occur to those people ho hold the same tokens which is reality nowadays, people tend to hold because of the people who has this kind of habit.

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February 09, 2018, 11:36:46 AM
 #863

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...


The value of bitcoin has been falling a lot lately and many people are already starting to worry about their profit since it is going down together with bitcoin too. Panic selling is not an appropriate thing to do right now although the value is decreasing, if you really believe in bitcoin, you would trust and wait until it recovers back again which is possible still as long as we keep on supporting it.
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February 09, 2018, 12:09:15 PM
 #864

I really can't understand panic sellers , how you can sell something under the price you bought and deep inside you know it will be fix its price sooner or later.
We can't blame them, just like what I also thought last time, I thought I will lose all my bitcoin and bitcoin will make lower than $3k, and I understand that feeling of the people who make panic selling, than to lose all then better to have some of it.
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February 09, 2018, 12:25:25 PM
 #865

Exactly, the price is going to come back to what it was eventually. Thats how I make money from other people.
I find that in fact, trading less often would have let me earn more money than i would've if I was just keeping my money in the coin.
Bitcoin and alts are highly violatile but they are on a strong uptrend.
Bitcoin is highly volatile, you really never know when the price will shoot up or goes down drastically. That was the scenario for almost a decade. So , why would you ever panic and sell all your bitcoin? That will make you miss the opportunity to gain profit from the price bounce back of bitcoin. Bitcoin is so far form a major crash. Patience is important in all kind of investment.
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February 09, 2018, 12:50:24 PM
 #866

Do not do something in a state of panic. Because panic will cause regret.kita not have to worry if the price of bitcoin is down when the price rises we do not have to hurry to sell it. We do not have to fear loss.Because the longer it will increase our profits.
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February 09, 2018, 01:10:39 PM
 #867

Exactly, the price is going to come back to what it was eventually. Thats how I make money from other people.
I find that in fact, trading less often would have let me earn more money than i would've if I was just keeping my money in the coin.
Bitcoin and alts are highly violatile but they are on a strong uptrend.
Bitcoin is highly volatile, you really never know when the price will shoot up or goes down drastically. That was the scenario for almost a decade. So , why would you ever panic and sell all your bitcoin? That will make you miss the opportunity to gain profit from the price bounce back of bitcoin. Bitcoin is so far form a major crash. Patience is important in all kind of investment.
Yeah BTC is highly volatile, we really never know when the price will shoot up or goes down drastically. The important  things to do is wait the right time, and be patience. Think positive, put in your mind that the bitcoin well recover in times of struggle.
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February 09, 2018, 01:20:55 PM
 #868

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...


We know that a lot of people has panicly sold out all their bitcoin just because the bitcoin price had just increased a little. There are two kind of people:
+ People who don't want to lose much, they had bought bitcoin at the higher price so they are trying to cut their lost.
+ People who are making profit by selling and buying as their thought.

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February 09, 2018, 04:02:50 PM
 #869

Bitcoin is only for those who invest for long term.Never sell in panic and always do patience trading, and its a right time to hold and applying some patience and not selling in panic. Bitcoin start losing its price after the new year. This theater is good for newbies who want to invest now. They should read this, Many newbies lose their money and sell there coins. Mostly they do panic selling.

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February 09, 2018, 04:10:20 PM
 #870

Bitcoin is only for those who invest for long term.Never sell in panic and always do patience trading, and its a right time to hold and applying some patience and not selling in panic. Bitcoin start losing its price after the new year. This theater is good for newbies who want to invest now. They should read this, Many newbies lose their money and sell there coins. Mostly they do panic selling.

That is something Warren Buffett said about stocks, and he did very well with that method for decades. Although Buffett does not like cryptocurrencies and they do not give interests, I still think that people should not look on the charts too often. Most of us aren't traders, and with our little knowledge of the markets we make our situation worse than it needs to be when we make imprudent and impulsive moves.
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February 09, 2018, 04:32:00 PM
 #871

to be honest, that's not a good idea if we are selling in a panic situation, it will only make a regret in the end. bitcoin is a long term and prices kept moving, so don't think prices will continue down, surely the price will rise and rise even higher. don't panic when prices down, the better we buy more when prices down. before you panic, you could see a chart of bitcoin prices from year to year.
 

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February 09, 2018, 04:47:27 PM
 #872

Panic selling is a bad thing, if often we do then we will regret, the price of bitcoin drop is the usual thing so we panicked, exactly when the price drop then becomes an opportunity to buy because we are sure that the price immediately rose, and I'm sure after valentine day price bitcoin will reach more than $ 10k.


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February 09, 2018, 04:52:44 PM
 #873

to be honest, that's not a good idea if we are selling in a panic situation, it will only make a regret in the end. bitcoin is a long term and prices kept moving, so don't think prices will continue down, surely the price will rise and rise even higher. don't panic when prices down, the better we buy more when prices down. before you panic, you could see a chart of bitcoin prices from year to year.
 

 I agree with you.  I have been in to that situation and I know how it feels to regret such a big mistake.  I did not want to do that again as it is really unbearable.  But the best thing about that is that I learned a lesson.  I did not do that when bitcoin price goes down.  I am holding my bitcoin till I reach the price I want.
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February 09, 2018, 04:53:31 PM
 #874

Never tried panic selling because i believe in digital currencies that i have most especially bitcoin. Why should i sell at a losing price? Corrections is inevitable and that's one of the reasons why crypomarkets are bleeding and it will surely bleed more when people are panic selling.

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February 09, 2018, 05:33:43 PM
 #875

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 you are right you should hold the coin you have do not panic then sell all coin when the price down it is the action that will make you very loss, it is ironical many new players like that.
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February 09, 2018, 06:05:42 PM
 #876

The chances of the profit decreasing or worse not gaining any profit will only be when you panic sell and leave a golden opportunity by killing a hen that lays golden eggs. People need to understand that if they're in crypto for fast money then that's just not the right approach towards the crypto world. INVEST only when you truly BELIEVE. By panic selling, you're just accepting your loss and destroying an asset.
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February 09, 2018, 08:53:09 PM
 #877

Yes I agree, should we as investors bitcoin not panic in the face of the situation as it's now. But many people say this bitcoin price reduction is a ban on bitcoin in some countries. If you are an investor please don't panic in a situation now, we must be sure future bitcoin prices will recover.
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February 09, 2018, 08:55:50 PM
 #878

The topic is from october 2017,but it stands xP
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February 09, 2018, 08:59:50 PM
 #879

Panic selling is one of the worst things that we can do in this market. Especially the new investors do panic selling, but hey you’re here to read and learn others experiences..
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February 09, 2018, 09:34:13 PM
 #880

Don't do panic selling because if you panic you loose control on everything specially your emotion.And you will loose all what you have,you need to patiently wait a litle bit time.
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