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zaisha
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January 09, 2018, 11:21:31 AM |
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I agree with this once my friend sold in panic all his bitcoin when they were 5k and now tit is 14k he could have made a lot of profit and now he regrets his choice he should have never sold it.
Every bit of Bitcoin's fall, someone will surely have to sell their bitcoin, which is the normal trader's mentality, and sometimes someone can hold it for a long time.  |
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Nyenyepogi
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January 09, 2018, 11:23:37 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... Dont panic ! Everything will go back to the normal but i think you will regret if you sell your bitcoin hehe just believe in bitcoin and just hold because bitcoin now is more good and more potential than before. |
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PizzaBTC
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January 09, 2018, 11:41:49 AM |
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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.
Most times it is just stupidity to buy in at peaks and then sell for loss. Most people are holding for long and except for traders who are selling now for profit, panic selling is just an absurd thing to ever do. At this stage, it is normal for every investor to even know better but we cannot rule out the new investors who came in with some idea of getting rich overnight not making some mistakes out of panic. Over time, they always get to learn their lessons anyway. |
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shaun98
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Activity: 238
Merit: 10
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January 10, 2018, 06:16:38 AM |
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People who panic sell, are the ones who lose the most amount of money. Money always shift from the ones with weak hands to the ones with strong hands, especially in the crypto market. Best to just hodl our Bitcoin holdings.
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TheGreatPython
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January 10, 2018, 07:37:49 AM |
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i did this once, i sold my btc because i taught that the value will crash down but it stopped going down and started again to go up. the next day I converted back to btc then after a while it goes down again and again, i converted back my money. I lost almost half after doing this, it only happened for 3 days   You will find number of similar cases which happened in the past and will keep on happening in the coming days as well. The main reason behind all this is that it gets difficult for the investors especially the newbies to take control over the situation at the time when the market price starts falling down and soon they lose control over their emotions. Panic selling can only help them in suffering of huge loss and nothing else. |
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PalindromemordnilaP
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January 10, 2018, 08:41:46 AM |
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Panic selling could be catastrophic when you are selling most of your Bitcoin (BTC). Bitcion is known for its volatility so it is just normal that its market value will plummet down but it is proven too that it will always come back. Just relax, HODL all your coins and wait for the proper time to sell it.
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Xclusive5
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January 10, 2018, 08:57:27 AM |
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Panic selling is the worst thing in crypto trading because sometimes after the panic sell the coin jumps and there will be a price surge.
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sonali2015
Jr. Member
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Activity: 101
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January 10, 2018, 10:41:40 AM |
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I agree with this once my friend sold in panic all his bitcoin when they were 5k and now tit is 14k he could have made a lot of profit and now he regrets his choice he should have never sold it.
people always learn when they fail or losses and i am also learn when sell bitcoin 5k usd.I think every altcoin will be pump if this project was real so now i love only hold |
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MAXE
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Activity: 434
Merit: 17
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January 10, 2018, 09:26:08 PM |
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Panic only hamsters. Already, growth has started again, so be calm!
Each dump of the crypto-currency should be taken as a moment to invest your fiat in the world of crypto currency!
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Generator124
Newbie
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Activity: 8
Merit: 0
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January 10, 2018, 10:01:44 PM |
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Never try to speak with the market. The only thing that you can do - analyse the movement of the market, draw a conclusion and don't remain at a loss. Never go against stampede. Else you will be crushed. Its truth  |
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-avp
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January 10, 2018, 10:15:56 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... some people are just panicking because they think bitcoin is gonna go straight down. though the price is not stable it is somewhat a good sign because it also has a big chance of increasing  |
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podrick17
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January 10, 2018, 11:00:41 PM |
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I see most people here regretting selling their coins when there is a dump, i suggest that we should just believe on its flow and you'll notice in just a few time it will pump again just like what happens all the time.
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maaydin
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January 10, 2018, 11:08:19 PM |
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By dumping the btc in the slightest decrease makes the whales collect it with a discounted price and when the value of it increases you will have to buy it again in higher price.
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NelJohn
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January 10, 2018, 11:13:06 PM |
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yeah. you are all right dont panic and still hold if you want to earn big profits because bitcoin is still big chance to pump up
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hudas10
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January 10, 2018, 11:18:46 PM |
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being scared on dumping bitcoin that's normal but im not panic on that still holding bitcoin till grow again the price of bitcoin
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The Alchemlst
Full Member
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Merit: 100
BITDEPOSITARY - Make ICO's , More Secure
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January 10, 2018, 11:49:55 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... True, panic selling will get you nothing and it is not very good to accept and just cut your loss. Bitcoin will always have a point where its price is high and low and every year it manages to increase its worth more than its previous highest value which makes it very ideal to just wait and hold instead of panic selling and cutting your loss. |
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Wylie330
Full Member
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Activity: 258
Merit: 101
New Era of Freelancing
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January 10, 2018, 11:57:48 PM |
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That is right. Do not panic sell. Specially if you are confident enough that you are holding a good coin. I suggest to buy the dip when you think it will take off already. Just buy when it dips.
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jiangsuren
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January 11, 2018, 12:17:50 AM |
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now bitcoin have been come back 15k and i think 20k is not a dream this year
i just hold my coin and waiting.
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qtypatuty
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Activity: 144
Merit: 10
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January 11, 2018, 04:42:44 AM |
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Never sell Bitcoin for no reason but panic. I agree. In doing so, the Bitcoin's value will only decrease, and fall especially if a huge number of people will sell it due to panic. Hold onto it because it is typical to decrease, but after a period of time and of changes in demand, it will rise back up and you will gain great profit.
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goldcoinminer
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January 11, 2018, 06:10:36 AM |
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Never sell Bitcoin for no reason but panic. I agree. In doing so, the Bitcoin's value will only decrease, and fall especially if a huge number of people will sell it due to panic. Hold onto it because it is typical to decrease, but after a period of time and of changes in demand, it will rise back up and you will gain great profit.
Panic selling is what weak hands do, most of them are afraid of losing and maybe they spend money that they cannot afford to lose. That is not good if you are investing in the crypto world because the value is very volatile here and that is its nature. If you panic you loss the opportunity for the future good price of bitcoin and that will make you an unsuccessful investor. |
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