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Author Topic: Panic Sell ? / Chance  (Read 6963 times)
apitico
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May 20, 2018, 10:57:40 AM
 #761

Specifically, I do not have Bitcoin right now, but as for the altcoins - I keep them, since selling them now is not an option.

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May 20, 2018, 08:44:40 PM
 #762

Selling BTC now seems a bad choice because its price is too low. Maybe in short time its price still reduces but everything can happen. you will be very regret if BTC increase after selling
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May 21, 2018, 04:35:21 PM
 #763

Specifically, I do not have Bitcoin right now, but as for the altcoins - I keep them, since selling them now is not an option.


There are too many bad alts. Stick to bitcoin, it's safest.
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May 21, 2018, 04:38:21 PM
 #764

According to you . if in the current time, what do you do when bitcoin decreases current price? do you sell or hold and buy bitcoin again?
and do you think that bitcoin prices will rise in the near future? give your opinion and your reasons whether bitcoin will rise or even drop drastically?

There are six kinds of altcoins that I bought with high price, but the declines have not yet impressed me because I could not make a sale. I prefer to do the hodl because I know that I will be hurt if I make any sales. Besides, when I realize these sales, I will be selling panic and my serious loss will be a good profit for someone else.
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May 21, 2018, 04:40:37 PM
 #765

Use technical and fundamental analysis will help you to decide that should be buy or sell it. But when the price drop more than 50% from highest price there are will be chance to get profit, just patient to wait for bullish trend. So the key of getting profit is patient and always learn about fundamental and technical analysis and money management.
rodney0404
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May 21, 2018, 04:51:12 PM
 #766

According to you . if in the current time, what do you do when bitcoin decreases current price? do you sell or hold and buy bitcoin again?
and do you think that bitcoin prices will rise in the near future? give your opinion and your reasons whether bitcoin will rise or even drop drastically?

Don't sell it man, hold it for years. If the price goes down don't panic, buy bitcoin from the dip if you have some money. Bitcoin is the best coin to hold for years for me, you may become rich in just holding BTCBTC. I guess Bitcoin will multiple its current price in the next 10 years. Wink
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May 21, 2018, 06:46:58 PM
 #767

there are many books out there about panic sell and most of them say people being panicked so easily. because of that i literally ignore them.
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May 21, 2018, 06:49:31 PM
 #768

Panic sales is one of the worst things that can happen to anyone,this time you sell not because you want, But because you fear further dip or losing more value on the coin that you own, However it doesn't mean that these coins dip forever, they recover at some point and regain the lost value, During this time, a chance to buy presents itself for those who are keen enough to seize it, The coins at this time is cheap and affordable therefore those willing to buy5takes this chance to get the precious coin
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May 22, 2018, 08:32:15 AM
 #769

There are six kinds of altcoins that I bought with high price, but the declines have not yet impressed me because I could not make a sale. I prefer to do the hodl because I know that I will be hurt if I make any sales. Besides, when I realize these sales, I will be selling panic and my serious loss will be a good profit for someone else.

Somebody has to lose in order for somebody else to profit.
We can't all be rich and you are very right about that.
The smartest thing to do is hold and wait for alts to return (and risk losing more, but hey that's the deal with trading) or convert to BTC and wait for BTC to rise and cover the loses (and make you some profit along the way).
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May 22, 2018, 08:48:05 AM
 #770

If the down I think you can buy it. Because it's your chance to profit if the price goes up. And you can save your Bitcoin in a long time. I am sure that this will experience growth of Bitcoin and you just have to be patient. And you can learn to analyze Altcoin because by buying Altcoin you will also benefit.
andriw
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May 22, 2018, 08:48:25 AM
 #771

depending on the observation and analysis of the graph, also you belong to what type of trader
if you are a short-time trader and market indicator analysis indicates a reversal towards bearish then it is time to sell
if a long-term trader, stay hold if you believe in future prospects
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May 22, 2018, 08:52:13 AM
 #772

Better to buy back when the price goes down and you have to think about selling when the price goes down. you should be assured that the year-end price will increase. just need to be patient if you invest long-term.
soname12
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May 22, 2018, 08:56:00 AM
 #773

According to you . if in the current time, what do you do when bitcoin decreases current price? do you sell or hold and buy bitcoin again?
and do you think that bitcoin prices will rise in the near future? give your opinion and your reasons whether bitcoin will rise or even drop drastically?
After rising sharply the market will fall after a few days of price increase. Many people will panic and sell Bitcoin when they buy Bitcoin at high prices. That is the opportunity to buy Bitcoin cheap for us

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ordeath
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May 22, 2018, 08:58:52 AM
 #774

I know some guys who woud preffer to buy more of coin when its price is going down, but as for me I`m always afraid that it will never recover Smiley
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May 22, 2018, 09:13:05 AM
 #775

Most of the time we will book losses only in panic. Before buying or selling just think once is it correct entry or exit, then you can trade.
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May 22, 2018, 09:14:45 AM
 #776

hmm, if bitcoin goes down then i will never sell but i will buy more because bitcoin is the best investment for long term and i am very sure if i hold bitcoin for 2-3 years then i will get many profit
gegewojinnian18
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May 22, 2018, 09:36:43 AM
 #777

Yes, I think that when people panic, you should stay calm. Maybe this is a very good opportunity because the price fall caused by people panic selling is short-lived. When the panic is eliminated, the price will soon rise.

CoinCollect
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May 22, 2018, 11:35:45 AM
 #778

It's silly to sell coins when they start to go for correction. Although the market fell very much this year, it is not necessary to panic. Just wait.
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May 22, 2018, 12:08:05 PM
 #779

rising and falling the price of crypto in the market has become commonplace, I think this is actually a golden opportunity to buy, because based on year-over year crypto statistics, market conditions will surely increase again

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May 22, 2018, 12:14:17 PM
 #780

Bitcoin growth will continue, but there will be no sharp jumps in growth, for this purpose global events in the world have to happen. Everything is closely interrelated
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