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Author Topic: DON'T DO PANIC SELLING !!!  (Read 8878 times)
reyblack
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March 24, 2018, 10:54:09 PM
 #1081

Im not panicking despite of bitcoin dips at the market. I trust bitcoin that's why i believe at bitcoin, we must consider fluctuation of cryptocurrency that price value at the market may go up and down. Panic selling will only leads us to trash, instead of panicking because of losing value think positve of what has been brought. Invest cheaper earn higher, when our invested cryptocoins starts gaining and dominates again at the market.
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The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
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March 24, 2018, 11:08:26 PM
 #1082

Wow. Being back in October last year and people were in this same mindset as we are in now 5 months later.
Sort of strange.

JohnWick_Bitcoin
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March 24, 2018, 11:11:14 PM
 #1083

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...



If people will keep on holding then obviously the price of bitcoins will really increase on a huge amount but still they need to use money for their daily life so they need to sell it eventually to cover up their financial needs.
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March 25, 2018, 07:46:19 AM
 #1084

Yes, I do agree on not panic selling.
Profit in investing on bitcoin is definitely kept to minimum by that way - always wait when the value peaks and then sell. Though, it still depends on the financial need of the person but profit-wise, do not.
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March 25, 2018, 05:04:11 PM
 #1085

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.
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March 25, 2018, 06:16:19 PM
 #1086

Yes, I do agree on not panic selling.
Profit in investing on bitcoin is definitely kept to minimum by that way - always wait when the value peaks and then sell. Though, it still depends on the financial need of the person but profit-wise, do not.
there are many options Why do people sell all their coins. Of course, this affects the market very badly and it becomes impossible to stabilize the prices for Bitcoin. But nevertheless, this can not be stopped, because the real art of market manipulation can be carried out only by large holders of crypto currency.
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March 25, 2018, 10:01:14 PM
 #1087

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...



The reason why most of the traders are loosing a huge amount of profit in the market is because of panic selling, if people will always think before selling their coins or investing then they will not lose a huge amount of profit that will leads them to quit trading or untrust cryptocurrency.

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March 25, 2018, 10:07:01 PM
 #1088

I think the panic selling effect that happen by some of you is not only giving you a loss but for the whole user. because of course mass panic will make the market becomes chaotic and the price will continue to decrease.

Recently a guy sold 20k bitcoins which cause the price to decrease a lot. from almost 12k --> 10k then panic sellers made the situation worse.
And now here we are. With btc price of between 8-9k
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March 25, 2018, 11:13:46 PM
 #1089

We must remain calm if the price of our assets is down, because every time the price of digital coin asset is always changing. do not panic because there will be a moment of price increase from every asset in the crypto world.
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March 25, 2018, 11:44:11 PM
 #1090

Im not panicking because i trust my crypto coins. I invest only to those coins that has potential to stay and grows at the market. I prefer to those cryptocurrency who are at the top 20 cryptocurrencies at the market because they are proven to rise at the market. Doubt's at our investments at bitcoin and top altcoins will only leads us to the ground.

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March 25, 2018, 11:51:07 PM
 #1091

I personally believe in this statement. Don't make a decision based on feelings, emotions or panic. Buy or sell based on research and experts'opinions about it. Maybe today it is low but it has high potential to grow based on research.

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March 25, 2018, 11:54:39 PM
 #1092

We must remain calm if the price of our assets is down, because every time the price of digital coin asset is always changing. do not panic because there will be a moment of price increase from every asset in the crypto world.

I agree that we should not do panic selling because doing panic seling is we will be the most stupid things we can do, and doing panic selling is we will lead us to a huge loss of money,  for we just need to hold when the prices was low before we shoukd sell it

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March 26, 2018, 03:52:57 AM
 #1093

Panic selling will only you regret, Be patient to sell and wait for the price to increase again. Prices are still holding in the 8k+ USD range, I think this price is still high because I live in a country that has a low economy. But I will still keep it until the price soaring again.
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March 26, 2018, 04:27:09 AM
 #1094

it's true, if the first person to play in cryptocurrency would be very easy also to incite to the falling price, then they would panic salling. whereas panic selling it only carries a loss, but it is also very profitable for investors who have large capital to buy again at a cheaper price. if the price down as it is now, better hold for the last time.

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March 26, 2018, 05:25:43 AM
 #1095

I agree on what you were saying. The reason why some of the HODLERS are panic selling is because they need to make up for those losses. Trading can be very tricky sometimes, and there are coins that really takes a while to increase that is why they are selling. If its BTC, I think they are hodling it until they can. Just like what happen last year. A lot of people were able to sell at a high price because they waited for the best opportunity to sell.  For me, if you really needed the money, its not wrong to sell your BTC, just make sure that you will leave something for the next price increase.

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March 26, 2018, 06:35:14 AM
 #1096

I personally believe in this statement. Don't make a decision based on feelings, emotions or panic. Buy or sell based on research and experts'opinions about it. Maybe today it is low but it has high potential to grow based on research.

Panic selling is just making the cryptomarket even bleed more. Instead of doing that, why can't just these people hold their cryptos for a better price in the future? Moreover, it's a very good time to invest while the price is cheap. Just remember what Warren Buffett said and i quote "Be fearful when others are greedy and be greedy when others are fearful.".

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March 26, 2018, 07:38:34 AM
 #1097

right. Bitcoin price fluctuates a lot, now it's better because it's at a fairly safe level. Not too high, not low. Compared with the rule of market and than the price of the past as high as before.
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March 26, 2018, 07:47:39 AM
 #1098

Yes dont cause the meaning of panic selling is A rapid increase in sales orders for a particular investment, which pushes down its stock price. This can cause a spiraling effect or "vicious cycle" in which investors see a rapidly decreasing price as a sign to get out of a particular investment, which further depresses the price and prompts more investors to sell their shares. This type of selling is often prompted by a fear of loss rather than an understanding of the issue at hand. A stock exchange may employ a circuit breaker strategy in order to halt panic selling.
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March 26, 2018, 08:33:16 AM
 #1099

I think the panic selling effect that happen by some of you is not only giving you a loss but for the whole user. because of course mass panic will make the market becomes chaotic and the price will continue to decrease.

And many people don't understand that because they're just on the panic mode, if you are invested in crypto currency you need to make sure that you have a knowledge before you start to buy and sell just to avoid losing money .
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March 26, 2018, 09:05:20 AM
 #1100

I personally believe in this statement. Don't make a decision based on feelings, emotions or panic. Buy or sell based on research and experts'opinions about it. Maybe today it is low but it has high potential to grow based on research.

Panic selling is just making the cryptomarket even bleed more. Instead of doing that, why can't just these people hold their cryptos for a better price in the future? Moreover, it's a very good time to invest while the price is cheap. Just remember what Warren Buffett said and i quote "Be fearful when others are greedy and be greedy when others are fearful.".

I agree with your opinion mate, but I guess we cannot force people to let just hold their coins for long term investment purposes, in fact, not just panic selling was the reason why some people dump their coins, but also because they were really needed it at that time and they don't care whatever how drop the market value of bitcoin.
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