DON'T DO PANIC SELLING !!!

[Harrisonimo]

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...

Part of the secrets of trading is never to sell at a loss. No matter what, you try and HODL till the coin picks up again then you can take profit. For those who have Bitcoins at the moment, I will also advise not to do panic sell. If you are still certain of the 10,000$ mark, then you can still HODL to have an opportunity to make an extra 1,500$ on each. Well, it is an actively exciting market, so, when dump it is also an opportunity for someone else to buy and key into the future if Bitcoins. But really, if everybody HODL, there won't be a market.

[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.

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.

Agree and to be honest, most of us have gone through this phase. Probably, the loss is what teach us about it and experience helps us to keep calm during next panic selling wave. Experienced traders accumulate their capital all the time and when they see an opportunity, they grab it with their maximum potential. Whereas, newbies do it in the exact opposite way and hence suffer loss. One should always remember and follow Warren Buffet's principle while trading in my opinion.

[ruzel13]

Panic selling or dumping is normal thing with bitcoin it was made by newbies and manipulators to dump it and we can not do anything about it

[nagatraju]

yes, it's a good experience...you can learn from your mistakes and you can learn on others people mistakes) in this case there is no place for emotions...you need a cold calculation and you will do the right thing

[Getmon]

Panic selling is not really a good move. However, this is highly understandable to beginners and newbies in crypto because the movements in prices are sometimes very bullish or negative that people cannot easily control their reactions. But as soon as they are fully integrated to the crypto community, they will soon realize that such spikes and dips and pumps and dumps are very normal.

[danjonbit]

 I can expect now that there is a much volume in selling bitcoin, because on its grow in this past weeks, it is remarkable but expected, still bitcoin is growing and I have faith that it will grow much more soon.

[01asd]

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.

Usually the panicked person is a person who does not understand or yet knows about the true value of Bitcoin. There are people who invest into Bitcoin but want profit with a short time. And to be able to profit a lot from Bitcoin, we must wait until several years. The man sells Bitcoin when the price of Bitcoin drops dramatically when he can not profit so he just wait for 6 months. That's unfortunate because maybe a lot of beginners like that. We can not sell anything that happens if we can not profit. The increase and decrease in the price of cryptocurrency is a natural thing.

[Urbanbypas]

Yesterday, when the cost of bitcoin exceeded 10,000, I was afraid that many would start selling it and the rate would drop. But this did not happen, on the contrary, the value of the crypto currency rose to 10500. Simply fantastic dynamics of growth.

[sclmte]

I will not be panic selling either. A quick analysis on coinmarketcap will tell us that the risesnand falls in the market is normal, so there really should be no panic

I feel precisely the same way as you do. Bitcoin's characteristics  is very volatile.  It is subject to change its price at any given time. But there is no need to be afraid or to be panic. Everything will back to normal after all. But honestly, i just want to say thank you for those who sell their bitcoins during its price was collapsed. They sell, then I buy. This is a big opportunity for me. Though this is not a good move for them but Thanks to those panic sellers out there. Hope you will learn from your mistakes. Keep hold, stay calm because its normal.

[gabmen]

Yesterday, when the cost of bitcoin exceeded 10,000, I was afraid that many would start selling it and the rate would drop. But this did not happen, on the contrary, the value of the crypto currency rose to 10500. Simply fantastic dynamics of growth.

Well yesterday it rose from 10k to 11k in a span of a few hours and today it plunged to 9k with the same quickness. But i don't see any panic there. People are now even hoping for these kinds of dip and corrections. You're probably a newbie if this rattles you

[applenap]

This is something that people in the BTC industry should always be reminded of, although you can strike gold with panic selling the outcomes aren't always favorable. Keeping calm provides more stable results.

[hheight]

Panic sales will never disappear. That's just how things works - there will always be newbies with a bunch of mistakes and sharks always will earn great profit on this.

[Xester]

Panic sales will never disappear. That's just how things works - there will always be newbies with a bunch of mistakes and sharks always will earn great profit on this.

I have been in that situation and also done that.  I learned my lesson to just hold on to save your bitcoin.  I sold my bitcoin before when I continuously saw that bitcoin price started to goes down.  To cut my loss I sold them and regret it in a few hours.  Bitcoin price started to goes up and never goes down.  Newbies will always like that especially if they do not know anything about it.

[butcherme]

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 really think that panic selling is somehow good if you know how to take advantage of it. If a lot of people sell their bitcoin during dump, bitcoin price will keep on going dump, and I think it is a good time to buy. Bitcoin price goes up and down, and sometimes it recovers fast and even surpasses it's previous price before the dump.

[lol1yatme]

There's no more space for panic sellers at the moment. People that will sell now are the ones that shall be fine with the current price.

I feel panic sell when trading every time  But that was just a dream 

Don't drink too much coffee or you will always feel that way..ohhh you've almost got me there.

Whenever a newbie start into the bitcoin he must get some counseling about the getting rid of panicking and by this way he will be able to acquire more profit and I have seen a lot of newbies who come without zero knowledge and they are just patient and manage their nerves in critical situations and now they are the successful investors and so doing homework before starting and managing nerves is best way to profit.

[A Feeder]

Dont panic always. The perfect timing for selling coins is a unique skill which also includes luck. The longer you hold, the better the profit.
 

[Ethminer2x]

Many people say that but they can't win their fear!, lol

[natalie99mon]

im not panic will be sell my BTC,i always monitor the price in the marketplace.If the BTC price drop im just still wait for the price back stable.
And remember guys Dont be a panic if u want to sell your BTC
The usual thing i do just sell and forget guys

[ArnoldChippy]

Panic selling is not really a good move. However, this is highly understandable to beginners and newbies in crypto because the movements in prices are sometimes very bullish or negative that people cannot easily control their reactions. But as soon as they are fully integrated to the crypto community, they will soon realize that such spikes and dips and pumps and dumps are very normal.

Yes panic selling is not consider as good, but we can only expect panic selling by inexperienced trader, while the mature bitcoin seller always give good support to bitcoin. They always try to hold their bitcoin while there is panic selling in the market. In fact they also know the importance of bitcoin and therefore they alwasy try to hold bitcoin for a good time so as to get good profit from it.

[Lhaine]

Dont panic always. The perfect timing for selling coins is a unique skill which also includes luck. The longer you hold, the better the profit.
 

We all have luck, but in trading the perfect timing is being calm. When you get panic you will be able to lose your money. So to avoid that we need to stay calm.