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Author Topic: DON'T DO PANIC SELLING !!!  (Read 8951 times)
player514
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October 15, 2017, 06:29:04 PM
 #141

Panic is a state of mind when you can't control your emotions and you start to do everything based on the instinct. Yes, he fluctuation of bitcoin it is something normal, considering the volatility of it and the advise not to sell because you may not be able to do the same amount of bitcoin when the price will start to rise again. So be smart, don't panic.
HOLD HOLD HOLD is the most important word used in trading alts. The more patience you have, the more profit you will make. Even panic selling is most harmfull as it can give you a huge loss if you are trading in huge amounts. In trading bitcoins, just keep buying and storing or investing for your bright future.

Even with alts? I think bitcoin makes more sense to hold. But for most altcoins, they're so low priced that you can lose a lot of money (if not all) if you don't end up selling. I guess if you're talking about bigger altcoins, then it makes sense to hold, but if you're looking at ICOs and such, I think it's too much of a risky move to hold hold hold.

This area is up for grabs! PM me if you're interested.
stomachgrowls
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October 15, 2017, 06:32:29 PM
 #142

Panic is a state of mind when you can't control your emotions and you start to do everything based on the instinct. Yes, he fluctuation of bitcoin it is something normal, considering the volatility of it and the advise not to sell because you may not be able to do the same amount of bitcoin when the price will start to rise again. So be smart, don't panic.
HOLD HOLD HOLD is the most important word used in trading alts. The more patience you have, the more profit you will make. Even panic selling is most harmfull as it can give you a huge loss if you are trading in huge amounts. In trading bitcoins, just keep buying and storing or investing for your bright future.

Even with alts? I think bitcoin makes more sense to hold. But for most altcoins, they're so low priced that you can lose a lot of money (if not all) if you don't end up selling. I guess if you're talking about bigger altcoins, then it makes sense to hold, but if you're looking at ICOs and such, I think it's too much of a risky move to hold hold hold.
I wont even risk on newly launched coins as you said its really a risky thing to do and hold them knowing that if a new coin launch on exchange it would really normally dump.We dont even know if it would still pump or not but well this is the risk as an investor but its not really bad to hold even on these coins as long we do see that it does really have the potential to grow.

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October 15, 2017, 06:42:16 PM
 #143

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 basis of all "fun" is trust in your investment and patience, because you will never be sure how and when you will earn. Best luck.

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October 15, 2017, 07:47:17 PM
 #144

I think that it is not just panic selling, in my opinion it is trading. When bitcoin pump it is quite obvious that after the pump will be dump, later or earlier but dump will come. And after that people will again buy bitcoin and price will be higher..
So you say stop selling but this is an earning, so don't wast your keboard nobody who actually earns will stop doing it if it is profitable.
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October 15, 2017, 09:03:36 PM
 #145

Keep calm and HODL mate Smiley
Holding is something far better option than that of panic selling. There is no pint of selling your coins at less price which will result in nothing else but huge loss. The one who is going for panic selling is going to lose his very own money with his very own hands. Patience is the only key which can help you in such kind of situation.
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October 15, 2017, 09:12:20 PM
 #146

I agree with holding it. Bitcoin has a lot of the marks of a bubble, and if everyone start panicking it can definitely pop. So just hodl all the way to the bank.

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October 15, 2017, 09:26:14 PM
 #147

Exactly, that will be something you regret for the rest of your life because FIAT money is worthless and bitcoins are so worth saving it's not even funny. Whatever you sell you're gonna kill yourself in like 10-20 years.
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October 15, 2017, 10:25:48 PM
 #148

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...



What distinguishes selling from "panic selling" to you? The gist of your post seems to be that only panic selling is bad. Perhaps what you've identified as panic selling is merely people taking profit off the table or reducing risk by selling out of a speculative asset. That seems completely rational to me, and a rational selling decision is one I wouldn't characterize as one made out of "panic." It seems you're upset that Bitcoin doesn't do anything but always go up, and that expectation is irrational.

bncbnc
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October 15, 2017, 11:24:15 PM
 #149

Keep calm and HODL mate Smiley
Holding is something far better option than that of panic selling. There is no pint of selling your coins at less price which will result in nothing else but huge loss. The one who is going for panic selling is going to lose his very own money with his very own hands. Patience is the only key which can help you in such kind of situation.
Yes holding bitcoin is always is a  good decision, through holding habit you can prevent yourself from a big long, In fact when panic selling started in the market we see that there become uncertainty in the market.

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Gotottack
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October 15, 2017, 11:34:13 PM
 #150

Keep calm and HODL mate Smiley
Holding is something far better option than that of panic selling. There is no pint of selling your coins at less price which will result in nothing else but huge loss. The one who is going for panic selling is going to lose his very own money with his very own hands. Patience is the only key which can help you in such kind of situation.
Yes holding bitcoin is always is a  good decision, through holding habit you can prevent yourself from a big long, In fact when panic selling started in the market we see that there become uncertainty in the market.

Not really. It's good if it does go up, but what if you bought at a pretty high price like $5,700? Then holding will mean you might be holding on to a bitcoin that was priced pretty high until there is another all time high. Another thought is that just by holding will mean you are not getting anything from it. The best strategy is always to buy low and sell high, make more out of what you currently have and not just wait for it to go up.
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October 17, 2017, 08:03:06 AM
 #151

Yeah it's good if we do not rush to selling bitcoin that we have so as not to feel regret at the end. I think the bitcoin price can still keep moving towards the higher direction again, stay calm and do the best so it can driving a better profit later on.
There is one thing which you can get in return of panic selling and that is a huge amount of loss. There is no point of getting panic and making such kind of decisions which can lead you to loss. Time does not remain like the same, it keeps on changing. So you need to believe in bitcoin and keep on holding your bitcoins for having profit instead of loss.
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October 17, 2017, 09:21:57 AM
 #152

Yes agree, when panic of course we will sell any price, I always use long-term analysis so that never loses because of panic. I suggest not to panic and hold because the price will continue to rise.


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October 17, 2017, 09:24:17 AM
 #153

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 sell your bitcoin panic, because bitcoin is currently still too cheap, try you let bitcoin up to 10 years to come then you will get profit very much and profitable.
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October 17, 2017, 09:27:19 AM
 #154

You know that there will be an upcoming hard fork this November. And there will be a new coin which is Bitcoin Gold. That's a free money guys. So don't think that Bitcoin will dump its price again because it will reach its ATH because of the upcoming hard fork. Those who have their BTC with them will have a free BTC Gold. Just search for those exchanges that will support this fork.

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October 17, 2017, 10:25:00 AM
 #155

I'm never panic about bitcoin. I believe that if now bitcoin decreasing, it will be rising again for many time. So, why we must panic about it  Wink
In spite of the fact that bitcoin will rise even if it is decreasing, there will be so many who will not be able to control their emotions and will decide for selling their bitcoins at less price. This is something which you learn with the passage of time. Most the newbies just can’t control their nerves when they see the prices going down which result in loss of their own money.

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October 17, 2017, 03:54:02 PM
 #156

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, this is a profound and proven point when it comes to the bitcoin. Buy, buy and HODL for long time. Those who have ability to move the market can benefit from pump and dump. However people who have minor stakes compared to the big players, don't need a involve in current market situation. Instead of buying or selling when markets swings quickly, one should keep remain tranquil and keep going on. If you have purchased coins previously and not in mood of buying more then chill out. If you are regular investor of bitcoin then just keep on buying regular installments. Panic selling is not going help irrespective of your selling on high point or low point. If you sell on current ATH then Sooner that ATH will be crossed shortly and new ATH will be set.
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October 17, 2017, 04:07:20 PM
 #157

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 should not experience panic when the price drops or drops, we just wait for the price will definitely go back up and back to be expensive, many new players who sell coin when prices fall or crumble.
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October 17, 2017, 04:07:59 PM
Last edit: October 17, 2017, 04:49:26 PM by Duogembrot
 #158

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 should not experience panic when the price drops or drops, we just wait for the price will definitely go back up and back to be expensive, many new players who sell coin when prices fall or crumble.

I agree with these statements do not get to panic and sell it because if you know it is a chance to buy coin that is falling and reach new resistance point buy coin it again. take advantage of opportunities.
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October 17, 2017, 05:08:00 PM
 #159

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...


do not be a panicky person because the price plummets, the price drops is the right time to buy the coin again because the price is not always cheap and not always expensive, all can be expensive to be cheap and cheap to be expensive, I suggest you hold your assets .
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October 17, 2017, 05:22:35 PM
 #160

Keep calm and HODL mate Smiley
Holding is something far better option than that of panic selling. There is no pint of selling your coins at less price which will result in nothing else but huge loss. The one who is going for panic selling is going to lose his very own money with his very own hands. Patience is the only key which can help you in such kind of situation.
Yes holding bitcoin is always is a  good decision, through holding habit you can prevent yourself from a big long, In fact when panic selling started in the market we see that there become uncertainty in the market.
It won't always be a good decision, especially if you've bought at $5000 and the price starts falling rapidly from $5400 for instance. It's a great investment for long term holding, but most people panic in fear of losing their funds without thinking that in a few weeks or months, the price could be a lot higher. We've all been in that position.

 
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