StarofBTC
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November 11, 2017, 05:48:37 AM |
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i was thinking to buy btc when it was 3000, now it is above 7000, i am still thinking.. That's why it is smart to do dollar cost averaging!! You don't need to trade and speculate and if you can't or lack the knowledge. That's ok. Instead just buy each month a bit of Bitcoin. For about 50-100 bucks maybe if you can afford. Smoke less, drink less or eat less junkfood. It's good for your health and will probably make you some nice profit in the future. So whatever the price is, buy regularly small portions. Do this for 2-3 years and in 5 years you may get a pretty nice return! Think long-term;) So it seems that you have not done anything except of just thinking and making castles in the air. Now as we all know that the price is beyond the reach of a common man and it is not easy to buy bitcoins at present because of high prices and also due to the reason that on one is going to sell their assets as price is expected to increase up to dollar 8k at the end of this year. All I can say to you is that be more practical and implement your plans instead of just drawing them in your mind.
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Malaya
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November 11, 2017, 06:08:44 AM |
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Eventhough Bitcoin is getting lower in it's value at times, it is not good to do panic selling. In every investment, time is important. Risk is there and this should be embraced well. Though it goes down a bit, bitcoin's price is still high and we can believe that this will continue to go up because the market and even many countries are accepting bitcoin as one of their currency. Believing in bitcoin instead and it's capacity to grow is essential. We may not know what the future holds, we have to continuously believe in bitcoin for the opportunities we can see on it lately.
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Digital_Lord
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November 14, 2017, 12:25:50 PM |
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It is easy to say but some newbie in crypto currency couldn't really resist it they will fall into the trap and for sure after they sold their coin they would feel bad for giving up so easily, We should have to learn to control our emotion when it comes to crypto currencies .
Those to be said newbie in crypto currency trading should read many biographies of profesional trader who succesfully gaining their wealth through trading. There's so many experiences that can be learnt especially about these bear trap and many things. If those newbies keep falling on that trap even if already read so many tips and experiences from expert. They're plain dumb and can't learn from the past Panic selling is bad but we need also some coins so if they are selling their coins i would buy it xD. To look at a proffesional seller is a very good idea so they can learn how it works. If they can stop panic selling maybe they will actually gain something than nothing. Panic selling is the worst thing a investor do he himself is getting loss though it as well as giving loss to the bitcoin. And in past people believed in the rumors and start selling their coins blindly and this give loss to them and now the things had changed a bit, investors are now well aware of this thing that after every dump there is pump and never put ears on the rumors stick to your aim and get the maximum from btc.
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gadimbrut
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November 14, 2017, 12:29:23 PM |
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panic is human nature that should be avoided if you do trading, because it will make us experience losses and not get a profit. so I think we should be calm if trading and always think of all the actions that will be done.
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superman184
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November 14, 2017, 12:33:06 PM |
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panic is a very human thing because everyone does not want to lose, but it all depends on their patience if they are patient and not panic will definitely benefit its fore, it is difficult to say I do not panic if you are a trader
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Kurokonobasuke
Full Member
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Activity: 546
Merit: 122
★777Coin.com★ Fun BTC Casino!
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November 14, 2017, 12:50:26 PM |
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Bitcoin's market value is now falling from its value recently that is more than 7400$ to its price at this moment which is 6300$. But as you've mentioned, it will be able to recover and panic selling won't be a good choice especially if an investor is wanting to have huge profit in the future. So the best thing todo is HOLD and invest while its balue is low.
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skyline247
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November 14, 2017, 01:12:29 PM |
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Absolutely do not do panic selling, especially with BTC. This will be the worst possible thing you can do because the BTC price always bounces back. That is because it's supply is limited. Over half have already been distributed and now more and more people are wanting to buy it so this is making the price start to finally reach it's full potential in the markets.
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hispout
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November 18, 2017, 08:58:42 AM |
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Well i did sell some coins and waited into usd, i had purchased bitcoin back, and well i made some nice profit, i were able to grow my coins with those, bitcoin will always up and down and its something that keeps atracting more and more investors, if you lucky and fast enought you can make easy money into those up and down, sure there are risks, but the reward is good as well.
Panicking always lead to the unbearable losses and I have gone through a lot through this situation and after doing so much loss of myself I learn only one thing cutting of loss is not beneficial simply hold coins in the time of dump always bring good days soon and the one who is good at holding his coin is the best investor of all the time and the rule of successful investor is avoid panicking and that is right thing to do.
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connesa
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November 18, 2017, 09:23:14 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... panic selling never been a good choice for me....i always believe in bitcoin, frm the start up to now,saw it frm up to down and i can say its normal. only those big whales will profit if we do panic..they can buy more and sell it in high price. so its a big lose for dumpers right?waiting and holding sometimes is the key... while holding try to increase your savings that way you can gain more in the future.
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Granxis
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November 18, 2017, 12:14:03 PM |
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It's sometimes very difficult not to panic, in fact when we panic, we break down and we make more mistakes. For this reason, we should not panic, but panic natural thing.
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finlandais
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November 18, 2017, 12:58:29 PM |
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Yes it is not right to do panic selling.Just have trust on Bitcoin. Don't get panic after watching the falling price of bitcoin .Hold your coins because the price will surely rise.
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ucingucingan
Member
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Activity: 322
Merit: 10
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November 18, 2017, 01:23:13 PM |
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Do not panic when bitcoin prices go down and you rush to sell without any other consideration. Rise down the price is common in the world of the market it is all a correction to arrive at a price or a certain point, did you know that if the price is decreased or correction it is a sign that the commodity price will be higher than the previous price, the point is we do not take a decision in a state of panic, it will only make you regret. consider some things that really affect the price movement of a commodity.
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biboy
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November 18, 2017, 01:24:15 PM |
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Yes it is not right to do panic selling.Just have trust on Bitcoin. Don't get panic after watching the falling price of bitcoin .Hold your coins because the price will surely rise.
If we do so then we will lost a lot of money, almost all of the people are doing investment and if we will all fail and do panic selling what do you think it can cause to us and to cryptocurrency right? Maybe if that happens that we don't trust bitcoin or we do panic selling all the time that we see bitcon price failing then the tendency is that price of bitcoin will not rise as it is where right now.
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carodupuis
Full Member
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Activity: 382
Merit: 100
Live cams shows pimped with cryptocurrency on Sexy
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November 18, 2017, 02:02:09 PM |
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Eventhough Bitcoin is getting lower in it's value at times, it is not good to do panic selling. In every investment, time is important. Risk is there and this should be embraced well. Though it goes down a bit, bitcoin's price is still high and we can believe that this will continue to go up because the market and even many countries are accepting bitcoin as one of their currency. Believing in bitcoin instead and it's capacity to grow is essential. We may not know what the future holds, we have to continuously believe in bitcoin for the opportunities we can see on it lately.
In the world of crypto currency, the only thing which can result in your disaster is panic selling. There is no point of getting panic and deciding for selling of your coins which you are holding and that too at lower prices. The most important thing which can help you in this matter is having patience on yourself. Panic selling will give you nothing but regret of selling your coins at lower price.
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HatakeKakashi
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November 18, 2017, 02:51:47 PM |
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The price of bitcoin last few days decrease the price and I think those people who pani selling because forn is cancelled. But after few days the price increade agin and now the price is 7600 dollars and for sure it will reach again 8k dollars in the next few days. More bitcoin that you have more money to come with you. If you see the price decrease better if you buy more not panic selling.
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JCO05
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November 18, 2017, 03:17:26 PM |
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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... I absolutely agree. Investors and users should be awared and used to Bitcoin's VOLATILITY. Bitcoin is volatile.in nature and decrease and increase on its value are just normal since its market value is just depending on the demand that it is having on the market. And since the demand changes everytime, same thing happens with its value. But the thing that matter is that we should not worried about the backdrops because it will eventually increase so we should HOLD.
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BlueStackz
Legendary
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Activity: 1204
Merit: 1028
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November 21, 2017, 08:20:45 AM |
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panic is a very human thing because everyone does not want to lose, but it all depends on their patience if they are patient and not panic will definitely benefit its fore, it is difficult to say I do not panic if you are a trader
Exactly! In the world of trading, the worst thing which you can ever do is none other than selling your coins and that too at the time when the market price is falling down. Emotions play a very vital role in this thing, you actually need to have patience and you need to control your nerves so that you may not decide anything like this. Panic selling will only result in suffering of huge amount of loss.
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hpmp
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November 21, 2017, 08:44:14 AM |
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Panic selling will only result in suffering of huge amount of loss.
sometimes it's the only way to prevent bigger losses
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GeniusAko
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November 21, 2017, 09:36:03 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... It is true that we should not do panic selling because it is really bad for us. I really regret when I got panic because I lose many money. That is my mistakes and I will never do that again!
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eugene30
Sr. Member
Offline
Activity: 338
Merit: 250
What have you done. meh meh
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November 21, 2017, 10:00:37 AM |
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Do not panic when bitcoin prices go down and you rush to sell without any other consideration. Rise down the price is common in the world of the market it is all a correction to arrive at a price or a certain point, did you know that if the price is decreased or correction it is a sign that the commodity price will be higher than the previous price, the point is we do not take a decision in a state of panic, it will only make you regret. consider some things that really affect the price movement of a commodity.
Only people who don't have faith in their investment will sell at low price even if they know that they will lose a portion of their investment. Some people sell just to cut their loses to prevent big loses but if they are aiming for the long term i think they must not sell at low price and only wait for the price to recover. It's not a problem if you are for the long term because you will just keep on holding rather than selling.
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