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Author Topic: DON'T DO PANIC SELLING !!!  (Read 8951 times)
paparexon0414
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March 01, 2018, 05:13:34 AM
 #941

 I think we cant control that kind of emotion. As of now the bitcoin price is declining (and one of the people who are the state of panic is me.). I really dont know how to control myself in this situation. But i still not selling my bitcoin, because i still believe in the potential of biycoin to increase more value more than the highest we known. Even though sometimes i have this thinking that i should sell my bitcoin because i have this fear that it might go up again. (and im losing money here, just so sad). I just hope that it will increase again cause if not, well big loss is coming our way.
goldcoinminer
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March 01, 2018, 08:06:58 AM
 #942

Well, the panic sell makes the price decreasing in 2017. However, it also gives people who had not bought bitcoin a chance to buy some.  Grin
Weak hands will sell because they are easily affected with FUD, we end the year 2017 with a good price but look at the price
now, in fact it has fall hard but we slowly recover so it's really important to buy at dip and sell on peak.
Trcream
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March 01, 2018, 08:09:56 AM
 #943

Easy to say and hard to do. It's just human nature! Most of us are emotional creatures haha.

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chocomartin
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March 01, 2018, 10:28:50 AM
 #944

Agreed. I don't really understand people who sell when prices start dropping, I mean when prices drop you technically don't lose anything unless you start selling.
Clark05
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March 01, 2018, 10:34:07 AM
 #945

To those people who panic if they see bitcoin price decrease better to be calm.  Because decreasing price it's a normal because it's part of the process if the coin dump it will increase more than the highest current price so you can gain more profit.  The better you gonna do is to buy more bitcoin so can get more profit.  Listent to the expert in bitcoin because they know what is possible to happen.
Destnhel
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March 01, 2018, 10:37:17 AM
 #946

Panic selling can definitely lead you to nowhere. Just because the price are falling doesn't neccessarily mean to sell, holding can be a best way plus waiting for it to gets higher price again, unlike when you sell out of panic, you will have nothing when it return to its normal price or even higher.
whitecaramel1
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March 01, 2018, 10:48:37 AM
 #947

I agree with you.if we can be patient, we will win. if we sell cheap, we never win..
jaylhynne018
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March 01, 2018, 10:52:15 AM
 #948

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...


yeah thats right we can sell some of our bitcoin now after the price rising but we sell some not all to maintain the bitcoin price higher.

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Izalcomax
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March 01, 2018, 01:07:47 PM
 #949

Here is why you shouldnt do panic selling... After the last price crash in 2014, value of Bitcoin rose by four times. A simple look at the Bitcoin value-chart shows that after short-term fluctuations, Bitcoin prices always surge dramatically. Crashes actually allow long-term investors to invest in profitable and growing currency during dip and make profits during price surges.
Sand King
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March 01, 2018, 01:24:04 PM
 #950

I agree to give way to panic and do not have to sell everything in a hurry, the price of bitcoin will be restored with time so get ready for patience
Well for me doinv panic selling is not good to do because it we will not result a good profit, so for me just be patience on holding and dont stop trusting the coins we are holding, and my advice is to bug more coins when the price was low incase on doing panic selling.

BitcoinPaw
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March 01, 2018, 01:49:00 PM
 #951

Panic selling will never ends until newbies coming working with bitcoin. It's obivous that price will not droping forever to zero and better to wait but people don't know about it.

Toden1379
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March 01, 2018, 01:51:34 PM
 #952

We can;t do anything about it as when BTC prices go down accompanied with FUD, survival instinct kicks in overdrive for most people and they tend to go the route of "for each his own" motto. There's also FOMO or Fear of missing out.

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Happyniall
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March 01, 2018, 09:25:03 PM
 #953

Bitcoin will always be the stable crypto currency
mak lessoh
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March 01, 2018, 10:29:40 PM
 #954

Lucky I did not do it because if I do I must regret it now, it's true that emotion is not good in trading
Gabash
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March 01, 2018, 11:29:08 PM
 #955

You are right all I came to know is that bitcoin is that its value increases with the passage of time as more and more (new) people are investing in bitcoin so the demand is increasing but the supply is constant.
... Yes exactly when the supply is constant while the demand is increasing  So this is the more has  possibility that the value is going to bump up. Mostly of successful investors  are always setting their minds that no need to be panic selling because crypto is an electronic currency it would not become spoilage like foods. Just wait with patience and holding it for the right time.
freedomgo
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March 02, 2018, 05:04:32 AM
 #956

Lucky I did not do it because if I do I must regret it now, it's true that emotion is not good in trading
Well, you will not panic if you learn how to control your emotion because it's useless when investing and in trading.
You will have to understand that everything can happen in the crypto world, we are still new and the adoption still continues, trials may happen
to investors and we will be tested on how long we can hold, if we panic, we loss.

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Ondongeric18
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March 02, 2018, 05:39:42 AM
 #957

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...



For those who have done panic selling,  it is not quite good for them because they could incur loses but on the other hand the action could create an opportunity for the experts to do trading  of bitcoins.

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elvirecam430
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March 02, 2018, 06:57:42 AM
 #958

yep, dont do panic selling.
we should buy in low price and just wait for the raising!
s2sallbygrace
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March 02, 2018, 03:54:50 PM
 #959

You will just lose your profit if your get panic. We all know that bitcoin will still recover and regain its value again. So better to hold your bitcoin and wait for it to increase. Instead, buy more bitcoins for a more profitable income.

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March 02, 2018, 04:01:43 PM
 #960

Better if you hodl a little bit longer, and sell it if you need it. Do not hesitate to keep your crypto and have a strong hand.
Only sell a bit of your coins only when you need it the most.
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