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Author Topic: DON'T DO PANIC SELLING !!!  (Read 8951 times)
mrjoy15
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January 11, 2018, 06:19:08 AM
 #661

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.
But, we couldn't stop panic selling, the newbie mostly manipulated by the volatile crypto world at their beginning. Learn  later, It's called correction and stabilizing until the next bull push. HODL and let's go shopping.
markk94
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January 11, 2018, 06:21:52 AM
 #662

yeah, your opinion in this topic kinda right to the spot. you should hold your coin for better prices in the future. but if you already satisfied with the amout of your profit that you already reach. it is up to you whenever you want to sell. but please, don't panic sell so you not being the one who loss.
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January 11, 2018, 06:39:51 AM
 #663

There is no good thing if we panic, this makes us must be realistic and must use a good analysis when selling or buying, panic selling will make us regret that whatever happens we never panicked.
merlyn22
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January 11, 2018, 06:41:45 AM
 #664

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...


  in my own opinion we cannot blame people who do panic selling their bitcoins. people have own head thats why they have different decisions to make. and i believed most of them do panic sell maybe that is there last money they affraid of being lose on bitcoins. it's really hard to predict price of bitcoins because of his volatility whether high or being down.
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January 11, 2018, 08:29:38 AM
 #665

Keep them all. Don't panic now. It is time to buy now also.
Not BTC will start to increase with ETH in a few hours so keep or buy.

If you don’t want to lose your money, then the only thing which you need to care is none other than that of avoiding yourself from doing panic selling. If you will go for panic selling, then it will only result in your disaster and nothing else.

In addiction to this, there is nothing profitable which you’ll be able to get by doing so. It is better to hold your crypto coins at such kind of situations to avoid loss.
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January 11, 2018, 01:05:52 PM
 #666

Panic selling will make us regret, the main thing we must understand in investment is to be patient and not panic, when the price drop then the best step is to buy not selling.
Most of us both regret after selling bitcoin. Because as far as you know that bitcoin cryto market is extremely volatile, it always fluctuates currently. Therefore, I advise you not to worry too much about its price, bitcoin’s price can go up or down and even stable immediately. Yep , keep calm and patient is one of the most important factors which helps you spend investing for a long term and earn big profits. If you once get failed through selling bitcoin, maybe you have a little experience. Therefore all you need to do is believe much in your coin and read information about it regularly to analyze in good way. Most importantly, keep in mind  that you must be careful before making decision.
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January 11, 2018, 07:52:59 PM
 #667

Keep them all. Don't panic now. It is time to buy now also.
Not BTC will start to increase with ETH in a few hours so keep or buy.

It’s true that no need to make panic because bitcoin is a digital currency and you have to be very careful about bitcoin because if you will do panic so you can lose here and I’m sure everyone will be careful but its doesn’t mean that you have to keep on hold bitcoin for a long time you have to check the price of bitcoin every day when you come to know that bitcoin price is very high then you can sell it out and can take your profit.
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January 11, 2018, 08:21:09 PM
 #668

Looks like there was fake Korea news that led to fudding in the market.

This seems to happen every few weeks. Causes market to dip. Then everything returns back to normal a couple days later.
supercanada1
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January 11, 2018, 08:25:04 PM
 #669

We can’t take away the possibility that they’re emotionally unstable than others,, it doesn’t mean it is wrong but it can be corrected,, not now but as experience would eventually lessen this panicking.. Op is right that it is us (users,, investors) that dictates the price of it.. So if we react badly it reflects on its price..

Well, yes we do not need to panic the price of bitcoin will still be getting high, if you panic your goal will not be achieve or will affect your plan. If you think the price is good you can sell some but it is better to keep some maybe the price will still increase much bigger than to its value when you sell the other.
Well of course everyone knows it is not good to sell at low price and panic selling. It is good to hold bitcoin until forks get vanish it is not wise to look down at bitcoin and sell it just for sake of some money. Try to hold as much as you can hold and try to control your needs and demands for bitcoin until bitcoin get high to40k. 2018 will be best year for bitcoin so those who will keep patience and will hold bitcoin they will be lucky to have best profit ever in their whole life.
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January 11, 2018, 08:26:50 PM
 #670

Specially now, it is full of panic selling on the market, well, it shows how weak-hands are a lot of people in here.Seriously, if you buy bitcoin, or whatever you bought, why are you selling it at a -10% of what you bought before? I can not understand that at all.

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January 11, 2018, 08:57:20 PM
 #671

Bitcoin prices were almost three times in a very short period of time.Bitcoin's price has slowed down for a few days.BTC should not be sold until the price is fixed.
Lupus Solitarius
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January 12, 2018, 11:20:04 AM
 #672

Well, don't do anything when you are in panic, as it's very unlikely that you take good decisions!
When something seems wrong, calm down, examine the facts and think rationally

ParallelSquid
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January 12, 2018, 11:23:00 AM
 #673

I wonder how many investors panicked and have clicked the sell button because of the recent event in South Korea? News, are very effective nowadays it can easily create FUD.
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January 12, 2018, 11:59:31 AM
 #674

Specially now, it is full of panic selling on the market, well, it shows how weak-hands are a lot of people in here.Seriously, if you buy bitcoin, or whatever you bought, why are you selling it at a -10% of what you bought before? I can not understand that at all.

There are many noob traders that keep saying "bitcoin is dead" even though it ia not dead. There is no reason for us to do panic selling because panicking can lead us to lose our money. I am sure that noob traders will regret that they sell their bitcoins due to panicking.
joebrook
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January 12, 2018, 12:54:39 PM
 #675

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.
This is mostly done by newbies and by those who have borrowed money to invest into cryptocurrencies, they are so afraid that they are going to lose money to the extent they are quick to sell short instead of waiting for the market to bounce back.

 
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beezare
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January 12, 2018, 01:14:38 PM
 #676

that's true, because if you do panic selling then we will actually lose and lose the opportunity to be able to get more profits, better to be patient and wait for bitcoin prices back up
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January 12, 2018, 01:58:36 PM
 #677

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...


it's true we really do not know what will happen in the future, do panic selling is a bad way, even if need to sell at least we have to leave some btc for long term
newgal2017
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January 12, 2018, 02:31:22 PM
 #678

Panic selling was never been and never will be a good practice. It is thinking about things, making judgements and deciding impulsively. It is true that the price of Bitcoin is very unstable, one moment its increasing then next it gets really low, sometimes the value of Bitcoin even jumps from top to bottom and vice versa that makes it hard to foresee what will going to happen. But, as what happened through the past years, Bitcoin is continuously moving and recovering from every situation so therefore we shouldn't make decisions impulsively based on what our eyes see. Panic selling may cause us the higher price or profit we should've earn.
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January 12, 2018, 02:36:33 PM
 #679

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...


Panic selling will never have a good effect. If you saw bitcoin fall then don't afraid and let it be because bitcoin will buy back, bitcoin is volatile. Just hold your bitcoin for your future and don't panic because every time passes bitcoin become more powerful and enormous.

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January 12, 2018, 02:39:47 PM
 #680

ill never do that but people doing it they selling the bitcoin when the price is decreasing thats why it decrease the price panic selling is a not good idea you need to hold it keep patience that is the good thing
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