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Author Topic: DON'T DO PANIC SELLING !!!  (Read 8888 times)
madushanperis11
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December 01, 2017, 02:21:07 PM
 #421

Very true. I believe that the reason of sudden price drop soon after it reaches a significant higher value is this panic selling.
And again people starts panic buying after drop.
sumangs
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December 01, 2017, 04:00:49 PM
 #422

I think this is a strategy. Once they sell all bitcoins, there is a possibility for bitcoin to collapse a little bit. Once it collapse, they will buy again and the cycle continues.
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December 01, 2017, 04:25:15 PM
 #423

We are looking at extreme volatility over the last few days. This is not the first time BTC has witnessed this, and it won't be the last.

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December 01, 2017, 04:52:21 PM
Last edit: December 04, 2017, 06:35:55 AM by Galahad111
 #424

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.
I think it’s true that it is a natural reaction but I think when you want to sell bitcoins so you must know about bitcoin price on daily base because it’s very important for selling to know about bitcoin price otherwise you can be in trouble or you can lose your bitcoin. you cannot stop that fluctuation and you just do that to not panic while large dump or large crash. I think both pump and dump are the part of the game so, you just have to hold your nerves.
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December 01, 2017, 05:05:49 PM
 #425

It went up because of the upcoming fork and down due to russian News  Roll Eyes
So true, no Need to panic; get yourself some cheap alts!
It is advisable to always be updated to news or information about Bitcoin becasue it is the only way we could predict or somehow manage our Bitcoin with a right decision. We should always remember that there is always a reason why a specific scenario happen just how bitcoin price changes throughout the time, we just need to be always updated and be ready for great opportunities for us to grab and to earn in the future.
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December 01, 2017, 05:09:53 PM
 #426

Very true. I believe that the reason of sudden price drop soon after it reaches a significant higher value is this panic selling.
And again people starts panic buying after drop.

Yes its all about panic i suppose, especially with newbies  Grin when the price is falling it is panic and sell just in case.
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December 01, 2017, 06:39:40 PM
 #427

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.
Yes I agree with you because bitcoin is a digital currency and its related with market trade some time its price will be high and sometime its price will be low so always check the price before going to take any step because price is very important here if you are doing trade or investment here so you must be very care full if you ignore the price so you can be in trouble so that’s why no need to make any panic need to wait for a right time.

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December 01, 2017, 07:17:46 PM
 #428

Today as i have seen bitcoin price goes down so people were thinking that 10000$ was the peak point now it will not go high, no it will not happen it is just a starting of bitcoin and do not sell make sure you purchase more because in future it is definitely going to rise.
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December 01, 2017, 08:48:49 PM
 #429

I don't see any Panic selling while looking on Bitcoin candlesticks, Bitcoin is here to survive and I'm sure every Bitcoin holder is aware of this fact.
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December 01, 2017, 09:35:04 PM
 #430

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...


That's the only we need to do if the price of bitcoin was decreasing. Indeed bitcoin can easily recover and pass the previous highest price, it is always happened. If we are looking for extra profit just hold the bitcoin but if we need a money to be use in unexpected problem just trade a exact amount because days only the bitcoin increase.

bitcoinmaniac52
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December 01, 2017, 10:53:28 PM
 #431

I would like to commend you for posting this because everyone needs to be warned about the risk of panic selling and how it can make you lose all of your money. I have done panice selling before and the only thing that comes from it is a lower bankroll and making someone else's day beciase they get your money instead of you making money. hahaha



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Vaskiy
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December 01, 2017, 11:02:00 PM
 #432

Being panic is real nature of human, when we've invested $10000 expecting a huge outcome of $20000 and in the mean time if the price reaches down the value of the investment surely the user will get into panic. Some keeps hope that the price will recover, but everyone doesn't have the same thinking.

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Nevis
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December 01, 2017, 11:30:37 PM
 #433

You cant blame those people who are panic selling when they see some huge price drops due to volatility and read some news about bitcoins fud news fake publishing or whatever shit.they  are just ensuring the money they invested in
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December 02, 2017, 12:00:22 AM
 #434

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.
Of course I am agree with you being panic is not good not only for health but also for the business I means investment in bitcoin, we need to be calm every time and wait for the right time to get a good point that make you  feels panic, in bitcoin be patience works a lot instead of panic.
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December 02, 2017, 12:45:57 AM
 #435

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.
Of course I am agree with you being panic is not good not only for health but also for the business I means investment in bitcoin, we need to be calm every time and wait for the right time to get a good point that make you  feels panic, in bitcoin be patience works a lot instead of panic.
I personally feel that panic can be bad for yourself and others, resulting in the body and also the performance
so every thing done should be calm and also the concentration of waiting for the right moment to do its

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December 02, 2017, 12:48:23 AM
 #436

I see it as an opportunity to buy more, the only problem is i don't have any more money to put in. BTC

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December 02, 2017, 01:08:36 AM
 #437

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.
Of course I am agree with you being panic is not good not only for health but also for the business I means investment in bitcoin, we need to be calm every time and wait for the right time to get a good point that make you  feels panic, in bitcoin be patience works a lot instead of panic.
I personally feel that panic can be bad for yourself and others, resulting in the body and also the performance
so every thing done should be calm and also the concentration of waiting for the right moment to do its

Everyone feel the same as you because of the high price of bitcoin everyone who earn a good profit can perform a panic selling like what happen when the price of bitcoin pump up. Yes this is really shocked that the price reach $11k but personally you dont need to be crazy just be calm your mind and be happy on what happen to bitcoin this just the beginning more and more will happen to bitcoin in the future.

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December 04, 2017, 10:11:28 AM
 #438

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...



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.
I think you are willing to buy that’s why you are supporting panic selling we can get benefit form that time but panic selling is not good at all form this situation whole community suffers and yeah that’s true that after panic selling there will be some high pump in the price it has advantages but the main thing is it make us suffer.
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December 13, 2017, 06:15:14 PM
 #439

Very important to not be selling due to panic,the aim is to wait and watch,be passive and not take any decision in a haste since it might lead you to making a loss
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December 13, 2017, 06:58:17 PM
 #440

Panic selling is unfortunately very common among cryptocurrencies holders because they simply doubt that the coin will gain back the value it has lost after each dump and they rush to sell their coins thinking that they need to cut off their losses . Even tho this might be a good measure in some cases , but it turns to be a very harmful one with others especially with bitcoin ! So it's the people decision and they should assume it .
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