DON'T DO PANIC SELLING !!!

[cuculatoeggekeenam]

I think the price drops in the cause by many who sell bitcoin simultaneously, it causes the demand to decrease and the price goes up. so when the price goes down try to stay calm and do not panic about it.

[BitcoinLoan]

Because investing in cryptocurrency requires a lot of patience and being calm, especially when we invest in popular coins. I agree with you

[Sled]

Because investing in cryptocurrency requires a lot of patience and being calm, especially when we invest in popular coins. I agree with you

Calm mind and a lot of patience is the best thing to have when investing or even trading cryptocurrencies because it will help us to do things better or even at our best. Panic selling is not good because it will only give you losses and bad experience which is not a good thing to have in our journey of cryptocurrency investment and we should just always stay positive, calm and patient.

[Dobmader]

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.

Yeah it is not good to sell the bitcoin because the demand of the bitcoin is now increasing more and more, buy more bitcoin and hold of the long time I am sure the bitcoin will help you in the future if you will hold the bitcoin for the long time and the price of the bitcoin will be more high with the passage of the time. So for sure the selling of the bitcoin at the low price is not the good decision at all and it is good to wait long.

[Ausgewielt]

I think the price drops in the cause by many who sell bitcoin simultaneously, it causes the demand to decrease and the price goes up. so when the price goes down try to stay calm and do not panic about it.

Many people make a wrong decision when panic selling happen, it is normal. Humans are love money, they will be afraid if their amount of money decrease. When panic selling happen on bitcoin it is the right time to buy.

[pocketfullofpoke]

They could not contain it anymore so they just push the panic button and earn a little profit instead of holding it for a better profit in the future. But of course, sometimes when Bitcoin's price sets a new high, it lures you much to dump your bitcoin for good. For the HODLers, they're making a smart move of being so patience to wait for a very convincing time to sell bitcoin.

[FIFA worldcup]

The price is higher than before and breaking the records.I am wonder how the price is increasing even the fork happens and tried best to destroy the bitcoin but the btc survive and the price goes UP.Anyways i had never Panic to selling my bitcoins.

[Activitycoin]

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.

Yes its true there is no doubt we need to play here carefully because its money and you must have a complete knowledge about bitcoin if you know the price of bitcoin on daily base so then you can buy or sell bitcoin because if don’t know about price and then you sell or buy bitcoin so you can lose your money here.

[FIFA worldcup]

I think the price drops in the cause by many who sell bitcoin simultaneously, it causes the demand to decrease and the price goes up. so when the price goes down try to stay calm and do not panic about it.

Many people make a wrong decision when panic selling happen, it is normal. Humans are love money, they will be afraid if their amount of money decrease. When panic selling happen on bitcoin it is the right time to buy.

I see many people gets panic when the price fall down they lose there interest and become emotional after that they do fast selling.Which isn't good. Bitcoin never works with your emotional. Some times need for it

[apvmoreira]

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.

I agree with almost everything you said.

But...

Sometimes you sell at a low price to cut loses but, mostly important, to invest into something that they see will pay the loses. It's not panic, its just a way to try to retake what you lost. You can state that it's more risky, i agree, but it's a way of gambling.

You also state that long term and waiting for the price to recover is the best option. What if it will not go up never again?

[hpmp]

panic selling is always risky
and not selling when you panic is risky too (cause there are reasons for panic, usually)
that is truly an intractable situation!

[Dudeperfect]

I do see panic selling waves as the golden opportunities to enter into the Bitcoin at the best possible level because it follows the principle of the great investor Warren Buffet, he says "Be fearful when others are greedy and be greedy when others are fearful".

While panic selling takes place, the market falls dramatically where most of the sellers are newbies and experienced traders/investors are on the buy wall so it's baseless to sell during such wave when returns on investments are concerned.

[charmaine08]

Yes absolutely don't do the panic selling .it is normal to bit on that sometimes its rate is falling so don't ever do the panic selling just hold it until it will make its rate normal again .

[Kemarit]

I do see panic selling waves as the golden opportunities to enter into the Bitcoin at the best possible level because it follows the principle of the great investor Warren Buffet, he says "Be fearful when others are greedy and be greedy when others are fearful".

While panic selling takes place, the market falls dramatically where most of the sellers are newbies and experienced traders/investors are on the buy wall so it's baseless to sell during such wave when returns on investments are concerned.

Panic sellers will always be here no matter how much we advise that its not the correct decision. The problem with them is that they react to FUD rather than seeing and trying to digest what is going on. The market crashes, price plummeted, however this is a perfect buying opportunity for most of us. The investors loves to buy in this kind of dips. They even buy in bulks and accumulated more bitcoin in their wallet. This is how most investors do and its one of the strategy why we have so may investors that have accumulated so much bitcoin overtime.

[domari]

I never panic if bitcoin is decreasing. I remain patient to wait for bitcoin to rise. The key is patience, because if bitcoin falls slightly there will be a big increase. that's my opinion.

[santiPOGI]

the down fall of bitcoin is not a bad sign , well people are used to bitcoin and once down people gather on the markete and keep buying bitcoin coz they know that this is just the start of good profit coz bitcoin will pump anytime .. panic selling are wasting their chance to earnn more from bitcoin

[wilberthh]

Kinda true, I think the term of "panic selling" doesn't works at all in bitcoin. Whenever the price of bitcoin dropped badly, for sure the next few days the price will up again even much more! I think no matter what we should keep our bitcoin no matter how hard it the price dropped (at least for now).

[miyong]

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...

Yes, panic selling is one of my regret. I sell my btc when I find that it it will be the highest price for me and find out that i was wrong when I've leàrn that btc price continue to increase.

[DonQuijote]

Because investing in cryptocurrency requires a lot of patience and being calm, especially when we invest in popular coins. I agree with you

Yep!
Cryptomarkets are insane, you need to know before invest.

[Yaunfitda]

I never panic if bitcoin is decreasing. I remain patient to wait for bitcoin to rise. The key is patience, because if bitcoin falls slightly there will be a big increase. that's my opinion.

That's a good mindset to begin with. Panic selling will bring more harm to you in the long run. So its much better to really just hold don't panic and stay calm. The market is really very unstable and a slight new will tip the price to the other side but it doesn't mean that it will continue to go down or the price will crash. Sometimes a correction needed so that get to the next level. Those that panic and push the sell button right away might regret their decision later.

Because investing in cryptocurrency requires a lot of patience and being calm, especially when we invest in popular coins. I agree with you

Yep!
Cryptomarkets are insane, you need to know before invest.

Specially in the last couple of weeks. Bitcoin Cash, Ethereum and Bitcoin have very wild swings. And all of them are hitting ATH. Understand how the market works and invest on the right time and you will be ok and can make profits.