Panic selling vs Panic buying

[Beerwizzard]

Hey there!
A question of panic selling was already discussed on this forum a billion times. But whats bad here? If you are sure that the price will grow back then you can just buy some BTC in better rates. The more dangerous will be the situation when someone is buying BTC while being afraid of loosing some profits despite the fact that pump has already happened (I'm calling it a panic buying). Thats seems like a straight way to lose money and make a bubble.

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[davis196]

Hey there!
A question of panic selling was already discussed on this forum a billion times. But whats bad here? If you are sure that the price will grow back then you can just buy some BTC in better rates. The more dangerous will be the situation when someone is buying BTC while being afraid of loosing some profits despite the fact that pump has already happened (I'm calling it a panic buying). Thats seems like a straight way to lose money and make a bubble.

We should forget about any emotion when we trade.
I would say that both panic selling and panic buying are wrong actions,because people are driven by emotions when they execute such actions.All the buying and selling decisions must be done after proper tachnical and fundamental analysis of the market.
Anyway,all the panic selling and buying made by the newbie traders is good for the experienced traders,because they make profits from other traders mistakes.

[Herbert2020]

it is usually called FOMO (fear of missing out).

and in any market there will always be people who make irrational rushed decisions like this. these people think of trading as a form of gambling. they think all the profit and loss they are experiencing is purely based on their luck and nothing else. they know nothing of speculation and analysis and make rather random decisions.
in bitcoin and mostly altcoins these people have a bigger portion of the market but as the market grows like bitcoin's their portion becomes smaller and with it their effect on the price.

[Za1n]

it is usually called FOMO (fear of missing out).

and in any market there will always be people who make irrational rushed decisions like this. these people think of trading as a form of gambling. they think all the profit and loss they are experiencing is purely based on their luck and nothing else. they know nothing of speculation and analysis and make rather random decisions.
in bitcoin and mostly altcoins these people have a bigger portion of the market but as the market grows like bitcoin's their portion becomes smaller and with it their effect on the price.

I was also going to point out the fact that it is normally called FOMO and not really panic buying, although I suppose it can be considered as such.

Anyway, just remember that so far no one has lost money by buying the "top" in Bitcoin, although they may have had to wait some time to breakeven again. Case in point, people who bought at the absolute peak back in late 2013 probably felt pretty bummed out in 2014 and 2015, assuming they didn't sell at a loss. However, right about now anyone that managed to hold their 2013 peak purchase is probably feeling pretty good about themselves.

I am not saying this will always be the case, but so far Bitcoin has been a pretty safe bet even for those who are inclined to FOMO (panic buyers) occasionally.

Panic sellers on the other hand, it is a different story. Those who may have panic sold after the 2013-2014 crash at sub $200 levels would have had to buy back in at a loss. Same thing earlier this year when bitcoin rose above $1000 and under again, people who sold at sub $800 again had to buy in higher. No telling how high it will eventually get, and taking some profits off once in awhile is a good idea, but I wouldn't recommend playing the shorting game as in the long run it seems risky.

[mobnepal]

Panic buying is term used when people get in peak price like right now bitcoin is considerably at peak price but trend shows there is still room for some rise so the one who are buying right now might not loss anything.

The important point that made difference between profit and loss in panic buying is what point you will make exit. Like some will sell for just 5-10% profit while others get greedy and keep buying at different peak prices hoping for over 50% profit, they will eventually make panic selling for loss.

[Herbert2020]

it is usually called FOMO (fear of missing out).

and in any market there will always be people who make irrational rushed decisions like this. these people think of trading as a form of gambling. they think all the profit and loss they are experiencing is purely based on their luck and nothing else. they know nothing of speculation and analysis and make rather random decisions.
in bitcoin and mostly altcoins these people have a bigger portion of the market but as the market grows like bitcoin's their portion becomes smaller and with it their effect on the price.

I was also going to point out the fact that it is normally called FOMO and not really panic buying, although I suppose it can be considered as such.

Anyway, just remember that so far no one has lost money by buying the "top" in Bitcoin, although they may have had to wait some time to breakeven again. Case in point, people who bought at the absolute peak back in late 2013 probably felt pretty bummed out in 2014 and 2015, assuming they didn't sell at a loss. However, right about now anyone that managed to hold their 2013 peak purchase is probably feeling pretty good about themselves.

I am not saying this will always be the case, but so far Bitcoin has been a pretty safe bet even for those who are inclined to FOMO (panic buyers) occasionally.

Panic sellers on the other hand, it is a different story. Those who may have panic sold after the 2013-2014 crash at sub $200 levels would have had to buy back in at a loss. Same thing earlier this year when bitcoin rose above $1000 and under again, people who sold at sub $800 again had to buy in higher. No telling how high it will eventually get, and taking some profits off once in awhile is a good idea, but I wouldn't recommend playing the shorting game as in the long run it seems risky.

well buying in a bubble, at the peak or whatever is not a bad thing at all. for example people were calling bitcoin a bubble ever since it passed $1200 (the first ATH) and you can see that them calling it bubble was completely wrong.
even if you buy at the peak of the price (lets say at $1200 back in 2013) it is not the end of the world. what you do afterwards determines your fate. for example you could have held bitcoin and said it is too valuable for me to sell at this pong and i don't mind holding it for a long time. or you could have cut your losses, sold and waited for the bottom to buy back. although 2013 was an exception that will never be repeated because of how small market was back then and how MtGox was controlling all of it.

[monkeydominicorobin]

Hey there!
A question of panic selling was already discussed on this forum a billion times. But whats bad here? If you are sure that the price will grow back then you can just buy some BTC in better rates. The more dangerous will be the situation when someone is buying BTC while being afraid of loosing some profits despite the fact that pump has already happened (I'm calling it a panic buying). Thats seems like a straight way to lose money and make a bubble.

You never think about the receiving end which is why you are asking this question. When you are in a panic buying mode you need sellers to make it work. When you are in a panic selling mode, you need buyers to make it work. But in cryptocurrency there is no such thing as end of the trading day. Since it will always be open for transactions. And applying stock market terminology in this case is worthless.

[rjbtc2017]

Panic Buying is really bad for Long term investment. In my opinion if you really want to "Panic Buying" Make sure that you know that the price flow is in the middle or start up of Uptrend which could help you to gain profit easily with much a lesser risk.
Panic Selling is also risky but Panic Buying is more riskier than Panic Selling.

[RMXg1025829]

Damn, i used to trade stock, been out the game so long...the panic sell caught me hahaha

[Bastime]

Panic selling is when you hold something that has value in the past but then suddenly the value were dropped and demands will become low and you don't know what to do and you heard people they're also dropping before it's too late and while it has small value in it.
Panic buying on the other hand is when the demand is very high and while it is still available and you're thinking in due time you can sell or trade it with higher value and you'll have your profit.
Bitcoin is just like this way, before people were selling their Bitcoin because they thought they're nothing to do with it but today people are buying because this is one of the most profitable investment that offers huge return of investment.

[BingoDog]

Panic is wrong word in every of these combinations. Panic motivated seeling or panic motivated buying are both bad because they are ran by emotions and not by rational decisions. If you don't keep your cool head it's very likely that you will make some mistakes and probably lose money. But contoling emotions could be trained and if you have plans for serious trading business this is something you should do.

[mycryptobiz]

Hey there!
A question of panic selling was already discussed on this forum a billion times. But whats bad here? If you are sure that the price will grow back then you can just buy some BTC in better rates. The more dangerous will be the situation when someone is buying BTC while being afraid of loosing some profits despite the fact that pump has already happened (I'm calling it a panic buying). Thats seems like a straight way to lose money and make a bubble.

I beg to differ, I have stated trading when btc was 5000 i buy that rate.
Then jp sucks and make it 3000.
That period was over and now i am at profit.
In btc one thing i learn,if you hold you will not instantly but eventually.and thats the beauty.

[bitjoin]

If you panic you rely on luck since your emotions block your rationality.  Does mean you cant make good trade though, i panic sold all my ltc for btc back a month ago and it worked out pretty good.

[teilwalL05]

Hey there!
A question of panic selling was already discussed on this forum a billion times. But whats bad here? If you are sure that the price will grow back then you can just buy some BTC in better rates. The more dangerous will be the situation when someone is buying BTC while being afraid of loosing some profits despite the fact that pump has already happened (I'm calling it a panic buying). Thats seems like a straight way to lose money and make a bubble.

We should forget about any emotion when we trade.
I would say that both panic selling and panic buying are wrong actions,because people are driven by emotions when they execute such actions.All the buying and selling decisions must be done after proper tachnical and fundamental analysis of the market.
Anyway,all the panic selling and buying made by the newbie traders is good for the experienced traders,because they make profits from other traders mistakes.

I think Panic Selling are the only problem why the price of bitcoin drop, we can say that panic buying are a good thing for the price of bitcoin but sometimes bad for the one that is buying for example when the price plummets down that is the time when so many people wants to buy bitcoin but if the buyer would use all of his money in buying bitcoin that is a bad thing for him, you should invest your extra money and not all of it in bitcoin. but it will sure benefit bitcoin.

[Nilda]

That is why extensive research is require before investing. To avoid panic mode, one must have the discipline to ride out the storm and emerge unscathed. It takes 24/7 monitoring of the trends and issues that affects this new currency.

[dothebeats]

Or to simply put, FOMO or fear of missing out. It's pretty much the same to the core of panic buying thinking that you might miss out a once in a lifetime opportunity. This is bad for an asset that rises gradually since a massive sellout might follow from people who've already profited and leave others holding the bag. But for bitcoin, so far no matter how many massive sellouts happen, there hadn't been a time that the price haven't recovered, mainly because it's not existing on the investment books of average techie Joe's but can also be found on some few businessmen's log book. Idk why or how but apparently bitcoin has been breaking records and the norms of typical stock investments since it always tend to go the opposite of what's been observed on normal investments i.e. gold, penny stocks, etc.

[jseverson]

I can understand panic selling, but what the hell is panic buying? Lol. I mean, I guess that can happen in real life when a shortage is expected and people just buy up as much supply as they can. I don't think that scenario is applicable for Bitcoin though.

Would buying dips, like the recent one to $3000 count? Either way, Bitcoin is not a necessity and there's no reason to buy haphazardly.

[talkbitcoin]

Hey there!
A question of panic selling was already discussed on this forum a billion times. But whats bad here? If you are sure that the price will grow back then you can just buy some BTC in better rates. The more dangerous will be the situation when someone is buying BTC while being afraid of loosing some profits despite the fact that pump has already happened (I'm calling it a panic buying). Thats seems like a straight way to lose money and make a bubble.

I beg to differ, I have stated trading when btc was 5000 i buy that rate.
Then jp sucks and make it 3000.
That period was over and now i am at profit.
In btc one thing i learn,if you hold you will not instantly but eventually.and thats the beauty.

it is 100% true but sometimes it is best to buy in the dips.
for example the JP Morgan thing was an obvious FUD for them to buy bitcoin, and the market reacted on a completely expected manner. you could have sold what you had or waited for the bottom if you had money to buy back and enjoy their FUD and the panic dump that came afterwards.

[eann014]

Hey there!
A question of panic selling was already discussed on this forum a billion times. But whats bad here? If you are sure that the price will grow back then you can just buy some BTC in better rates. The more dangerous will be the situation when someone is buying BTC while being afraid of loosing some profits despite the fact that pump has already happened (I'm calling it a panic buying). Thats seems like a straight way to lose money and make a bubble.

Panic buying and selling are both not good, because that action is not thinking first before they do it, they just buying and selling if they just want. Because we all know the reason is that they just want to gain more profit using bitcoin.

[btc_angela]

Hey there!
A question of panic selling was already discussed on this forum a billion times. But whats bad here? If you are sure that the price will grow back then you can just buy some BTC in better rates. The more dangerous will be the situation when someone is buying BTC while being afraid of loosing some profits despite the fact that pump has already happened (I'm calling it a panic buying). Thats seems like a straight way to lose money and make a bubble.

Panic buying is really called FOMO (Fear of Missing Out). I think if you don't really want to missed the opportunity, you don't need to be nervous, just get out when you fell you have profited already.

Hey there!
A question of panic selling was already discussed on this forum a billion times. But whats bad here? If you are sure that the price will grow back then you can just buy some BTC in better rates. The more dangerous will be the situation when someone is buying BTC while being afraid of loosing some profits despite the fact that pump has already happened (I'm calling it a panic buying). Thats seems like a straight way to lose money and make a bubble.

I beg to differ, I have stated trading when btc was 5000 i buy that rate.
Then jp sucks and make it 3000.
That period was over and now i am at profit.
In btc one thing i learn,if you hold you will not instantly but eventually.and thats the beauty.

it is 100% true but sometimes it is best to buy in the dips.
for example the JP Morgan thing was an obvious FUD for them to buy bitcoin, and the market reacted on a completely expected manner. you could have sold what you had or waited for the bottom if you had money to buy back and enjoy their FUD and the panic dump that came afterwards.

Yes, I agree. Its really better to buy in dips instead of buying when the price is going up. Nevertheless, those FOMO's are for real and will go and beyond their budget to get bitcoins because they are greedy and thinking of getting profits at the end of day.