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dhas
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December 28, 2017, 11:21:46 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... Yes you have a point, they exchanging it immediately because of the fear that it could not go up again. But come to think this way, if you are a real trader Its not a panic selling because if the price of the bitcoin was quite high , it really nice to sell. And if fall down again , then it will be right time to buy again. That's way of their earning in bitcoin. |
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MathGame
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Activity: 168
Merit: 10
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December 28, 2017, 11:47:42 PM |
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Panic selling is very regrettable, 75% of people who sells bitcoins during panic time regret it later.
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intoy_victor
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Activity: 266
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December 29, 2017, 12:43:35 AM |
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Oh yes sometimes you have to be panic sell especially if your contented of the price then you see its going down then you have to sell it right away before you regret it that you didn't sell it. But if ever you didn't and its going down, will just the right time bitcoin will comeback up high.
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gamalzour
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December 29, 2017, 01:12:49 PM |
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BTC falling hard... I can't believe we won't see a bump by the end of 2017 hitting $19.000 again. I still have faith it will happen, panic selling is inevitable, but the good part is that its duration is usually short. Panic sellers are just the little fishes following whales movements in the ocean. For now I won't follow these whales and I will keep holding, people are recharging their forces to make the last year's profit buying BTC cheap.
Mostly in cases, emotions are compromised when prices are not being stable. Especially when prices gets low, you think and definitely it comes in mind of every person that whether these prices recover or not. Probably this prices goes down and you will be losing much more money. But that is actually a moment of controlling emotions. Decide wisely and try to ignore presence of emotions in decision making. |
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gentlebaguette
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Activity: 200
Merit: 10
Be myselt
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December 31, 2017, 04:24:22 AM |
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Panic selling only could lead you to the big loss . There is nothing good . Why people let it happen all the time ?
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mejalipat
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December 31, 2017, 04:28:32 AM |
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Exactly. do not panic seeling because it will only make you big loss, better to be patient and hold it until the price back up
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Kittygalore
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Activity: 868
Merit: 63
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December 31, 2017, 04:39:59 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... Yes. I have a friend who are actually a bounty hunter here and also a trader. He himself feels disappointment when he did panic selling, when the bitcoin value really falls down it makes him afraid of losing all of his money so he sell it to convert into fiat and a few weeks ago, the price of bitcoin goes back to its high price. |
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athanz88
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December 31, 2017, 06:01:40 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... They cant be blamed on this activity, panic selling will happen everytime the price goes down. It is natural, because not all people are strong, and not all people invest only money they can afford to lose ( some spend their life saving and maybe their salary) into bitcoin. What we can do now is to encourage them, like you did, do not panic selling your bitcoin guys. There are ways to decrease the chances of panic selling : 1. Invest only what you can afford to lose 2. Make commitment on how long you will invest. 3. If you can, exchange to fiat for your ROI then just hold or use your extra coins for trading. 4. Try to analyze the market. 5. Learn to read which a valid news and which a FUD. 6. Manage your emotions After all this time, these 6 ways help me not to do panic selling and still hold my coins right now. |
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Ann Impas
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December 31, 2017, 06:07:50 AM |
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Panic selling only could lead you to the big loss . There is nothing good . Why people let it happen all the time ?
Yes correct, I think it's better to be in between. Have some converted to fiat and some hold it. I'm sure bitcoin will still have more to offer. Good luck. don't do any panic action. It is always result to something negative. |
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Bitcotalk
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January 02, 2018, 12:23:23 PM |
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And somebody can explain why all the cryptocurrencies are getting cheaper now? Is it really influenced by the holidays, because there are no other reasons?
If whales are cashing out their coins (like the LTC founder just did), it must crowd the sell side with thousands or millions of coins. This pushes prices down. While doing trade or investment one must be very patient and should know how to control his emotions because as popular proverbs haste make waste and greed is curse, nothing can be done in life with greed or without patience. The same case is here for bitcoin; if someone is the owner of bitcoin then he should wait for his moment and should let the bitcoin price to be increased instead of selling them. |
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100kk
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January 02, 2018, 01:44:06 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... This is very good advice. But sometimes you need to be able to fix losses. |
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Mr.Junker
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Merit: 250
Bitcoin ATOM FORK 1 BTC = 1 BCA
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January 02, 2018, 02:31:42 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... why should panic, the price rise or down instead of the ordinary things right ?? do we have the soul of the investor ... if I will hold for a long time, 1-2 years. unless you have a certain need maybe you can sell some, but that would still keep the rest hold for our children, our grandchildren later. it can be an investment for our successor in the future. maybe we will not know the price in the future but I have confidence that bitcoin price will be higher. |
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queenhallmark
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Activity: 196
Merit: 10
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January 03, 2018, 08:38:46 AM |
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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. Yes. here I will share an advise also that hold your bitcoin when the rates are falling down and buy some more if you have enough money , because if you buy this time and rates begins going upward you will the lucky one and also rates go upward mostly and down sometime. If you make panic selling, it mean you give your benefit to other that buy your bitcoins. |
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Best Dreams
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January 03, 2018, 07:19:00 PM |
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Well, I guess everybody just did a panic sell after the price of bitcoins reached an all time high around $19,000. I did expect it though, as the price has risen quite fast and very high for no reason at all. I would say that prices should always be growing steadily or exponentially (but not at the level we've just experienced). Though I guess the recent drop was indeed due to the correction of the price but that also includes the effect of people that panic sold their holdings.
It happen with me seven months before because at that time I was just buying bitcoin with low price and then I was keeping them on hold and one day I did not check the price of bitcoin because day before I check the price and that was very high so I thought that its price will be also high today and then I sell all my bitcoins and I lose on that day so no need to make panic because it’s a currency and always play here carefully. |
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Bitcoinbitcoin0909
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January 03, 2018, 07:49:58 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... That is true although its price now is already higher than before, we will not sell all our bitcoins. Lets hold some and if we need money sell some. Yes! Dont do panic selling. Its a big mistake when you so that. Just hold your bitcoins or any other cryptotokens because it a matter of dump and pump wherein when the price falls down it is not the end for the holders or users because it is actually the best time for buyers to buy bitcoin token and when that happened the demand of bitcoin will rise up and it has the possibility that the price will rise up again. |
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Quidat
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January 03, 2018, 07:56:00 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... That is true although its price now is already higher than before, we will not sell all our bitcoins. Lets hold some and if we need money sell some. Yes! Dont do panic selling. Its a big mistake when you so that. Just hold your bitcoins or any other cryptotokens because it a matter of dump and pump wherein when the price falls down it is not the end for the holders or users because it is actually the best time for buyers to buy bitcoin token and when that happened the demand of bitcoin will rise up and it has the possibility that the price will rise up again. This only applied on bitcoin and on some other alts because hodling some coins wont really be worth it because some of them are just total pump and dump this is why we should really make some decisions to get out because not all the times they are really worth to hold on. This is why as a trader we should really be keen and wise on when to get out this is why research and investigating on updates is always advisable. |
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Butmayselche
Jr. Member
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January 03, 2018, 09:04:19 PM |
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it is not about PANIC SELLING it is about earning good from bitcoin.
we all now 19,000$ was so high price so that why i keep holding it is better to sell my bitcoins
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leonora galvan
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Activity: 182
Merit: 10
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January 04, 2018, 12:33:54 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... why you should do panic...do not be afraid if you have a lot bitcoin just keep your bitcoin and you will find or look for the good price,then thats the time you can sell your bitcoin.dont do panic selling just calm down. |
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Gudhal Untu
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January 04, 2018, 03:58:05 AM |
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Based on the experience that happened some time ago many people panicked when the price dropped and they sell though cheaply, now I make sure they regret that the present price and tomorrow will be expensive.
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Hexah
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January 04, 2018, 04:24:57 AM |
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It once been downward this past weeks but just the other day it bounce backed again to $15k and even this day too. Hope that it could climb up more and other alts too. Being disciplined not to sell low but sell high really give you some rewards by the market, I think bitcoin will surge up again and I would love to see it coming. Don't really do panic selling and don't be carried away by your emotions the market only just test your faith on trading or holding cryptos.
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