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Digital_Lord
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February 10, 2018, 07:11:26 AM |
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When we make decision based on panic, we are pretty sure that they are bad decisions.
I don't think that - as individual investors - we give a contributions to the dump if we sell some currency.
But, for sure, we give a contribution to whales' profit...
Decisions made in hurry and out of panic don not have long lasting benefits and we regret for our decisions. You have to invest when the prices are just suitable and have to wait till the time the prices are good enough that you can make good profit from it, but during that process if the price falls, which is most cases do happen, no need to get panicked just have a little bit of confidence in yourself and be patient and wait for the right time. And the patience always repays you, and it is worth waiting than losing all you have, for nothing. |
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mi56374100
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Activity: 168
Merit: 0
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February 10, 2018, 07:26:34 AM |
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I agree. Don't be a panic selling person.
Now that the price of bitcoin is growing, I think people who sell it at a low price will regret it.
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Kim Ji Won
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February 10, 2018, 08:31:12 AM |
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Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
People know, some of them just can't control it, that's why it's called panic and govs are counting on that. Also not everyone can afford holding BTC, while it's dropping, even though they know it'll increase someday and they're losing the game by doing so, they need their money rn. It would only lead to regrets later on after they saw Bitcoin's price recovering and reaching new heights again. If they invested their money in cryptocurrencies, they should know for a fact that getting easily swayed by rumors and news resulting to panic selling is really a bad decision for them that in turn would just waste their investment that could potentially help them financially if they just hold. |
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Ewinsane
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February 13, 2018, 12:15:48 PM |
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The sale of everything during the downturn and your psychological uncertainty is that you are giving away your fortune and becoming the waiting bait for whales. Be really calm in this market if you want to succeed. You will not lose if you do not sell, remember that.
Panic selling is the worst thing which any of the investors can do not only to himself but also to the rest of the investors who are there in the market. At time when you plan to sell your crypto coins and that too at time when the market is at its worst condition, you’re this action is like a suicide for the ones who are still in a hope that the market value will go up. You need to stay calm and try to keep on holding your coins at such time. |
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upsidedown75
Legendary
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Activity: 1288
Merit: 1036
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February 13, 2018, 02:38:16 PM |
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I agree once a trader goes into panic selling mode, it is highly likely that he will make a huge loss on the trading market, some traders are always looking at the chart and when the price keeps going down, they will eventually lost their ability to think what to do next beside dumping all their bitcoins and altcoins.
Some of them believe that by dumping now, they can even get huge profit by trading at low point. If in this current time, I think you can profit easily, like the last drop around $6,000 and now it is raise again to $8,000 which is you get profit $2,000 right now. This is pretty easy to get back on your loss. Although you dumped it at low amount, you will get your bankroll back just in no time.I can say this because it happens to me once and of course not all the time you will get this moment I also used to say this, apart from the downfall, we can still make profits from the present time because bitcoin has a volatile nature due to which its value keeps on changing like every moment. Because of this fluctuating value, profits are possible. All that is required to accomplish this is some guts and trading skills. Not easy at all but digital market is all about taking risks. In case of bitcoin, the chances of losing money are zero for the present moment. |
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nightways
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February 14, 2018, 05:15:33 AM |
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One of the things that we need to face here is that it's human nature to react negatively in the face of adversity. More than anything else, negative events can also be considered as tests of character. In this case where the value of crypto currency is experiencing a dip, it would probably be safe to say that those who sell their currencies in panic would probably be due to their lack of experience in this field. Yes, they would probably be contributing to the dump but I don't think this is the first time it happened.
At this time we all are facing panic situation and dump and this is just because of bunch of people who are not emotionally strong and didn’t control their nerves and sold out their whole coins at this time and now whole community is suffering this is just because of lack of knowledge the sharp investor will never ever cut off his profit in panic time by selling he is well aware of nature of bitcoin that it get pump after every dump and due to some dumb ass people we all are seeing that bitcoin prices have come down fast. |
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neonshium
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February 14, 2018, 10:14:54 AM |
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When we sell out of panic, we are not helping instead we are contributing confusion and negative thoughts to others, the more they sell the lower the price it bring and the more it creates bad impression, its like pulling out what they invest instead of holding on and wait for couple of time for the currency to recover...we can't blame those who panic and sell its that we hope we think positive instead and hope for the best.
Any sort of business works on the principle to wait for the right time to cash out your shares that normally takes some time rather enough time to test your patience. The time when the prices are low, no need to get panicked, just show some patience and wait for the prices to rise again and then you can get the profit for your investments. If you are planning to hold on the bitcoin for some time long, then u need to practice patience more than ordinary people and just believe that things are going to work out for you. |
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gabmen
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February 15, 2018, 12:55:30 PM |
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When we sell out of panic, we are not helping instead we are contributing confusion and negative thoughts to others, the more they sell the lower the price it bring and the more it creates bad impression, its like pulling out what they invest instead of holding on and wait for couple of time for the currency to recover...we can't blame those who panic and sell its that we hope we think positive instead and hope for the best.
Any sort of business works on the principle to wait for the right time to cash out your shares that normally takes some time rather enough time to test your patience. The time when the prices are low, no need to get panicked, just show some patience and wait for the prices to rise again and then you can get the profit for your investments. If you are planning to hold on the bitcoin for some time long, then u need to practice patience more than ordinary people and just believe that things are going to work out for you. Yeah that's why its really important to get people informed first about crypto and what can happen when they invest in btc. It wpuld greatly help if people actually know what's really happenning and they know how to act accordingly instead of giving way to panic. |
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cryptotenoy
Newbie
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Activity: 134
Merit: 0
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February 15, 2018, 01:24:02 PM |
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Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
I agree with that we always looking for some reasons why it dumps so hard when previously it almost reaches to 20k..maybe some crypto traders panic for the last few weeks and sell their coins without even thinking that selling their coins contributed alot in the dip that was happening.Good thing it starts recovering nowadays. |
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tophe15
Newbie
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Activity: 280
Merit: 0
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February 15, 2018, 01:36:54 PM |
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Even myself can't control my decision when I'm panicking about the current value of cryptocurrency is going down. I know that I'm contributing but due to some fear of losing money that's why me and others are selling out of panic. But, my advise would be, hold until you can, you may not know what tomorrow's value is, maybe 40% higher than yesterday  |
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GREATLOVE
Member
Offline
Activity: 252
Merit: 10
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February 15, 2018, 01:59:17 PM |
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Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
I dont think so because just like in the market last time about December we know that bitcoin is about $15k to $20k and we know that almost holders has no doubt to sell their btc in around $19k to $20k. So, I dont think the dumpers will be blame but we need to know that there are also like that in market. |
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yrreg ger
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February 15, 2018, 02:47:07 PM |
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The sale of everything during the downturn and your psychological uncertainty is that you are giving away your fortune and becoming the waiting bait for whales. Be really calm in this market if you want to succeed. You will not lose if you do not sell, remember that.
Panic selling is the worst thing which any of the investors can do not only to himself but also to the rest of the investors who are there in the market. At time when you plan to sell your crypto coins and that too at time when the market is at its worst condition, you’re this action is like a suicide for the ones who are still in a hope that the market value will go up. You need to stay calm and try to keep on holding your coins at such time. But there are people who can't just get hold of their emotions and will decide to sell at dump price even if they know that it is not good and is not profitable. New traders and those who is not used to the fast-changing price of the bitcoin are mostly the one who participates in the panic selling. Many people are saying to stay calm at this kind of situation and to be patient for the recovery but of course, there are people who will still follow what they want and what they think is right and just. |
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Andrej Peiboski
Member
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Activity: 350
Merit: 12
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February 15, 2018, 04:18:57 PM |
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I don't think that individual sellers have any effect on the price (actually, they are just victims of bigger decisions taken by big players)
But, of course, any decision taken when you are in panic is usually very bad, so.... slow down, calm yourself and do a rational evaluation.
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nethan1btc
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February 15, 2018, 05:13:25 PM |
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Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
I dont think so because just like in the market last time about December we know that bitcoin is about $15k to $20k and we know that almost holders has no doubt to sell their btc in around $19k to $20k. So, I dont think the dumpers will be blame but we need to know that there are also like that in market. Well, I think it still contributing the value if bitcoin down as most of us sell the bitcoin that we have. I would say its a huge possibility that that the bitcoin down since many huge amount of investors sell their bitcoins to avoid huge amount of losses. As of this moment bitcoin is increasing which means many investors as well as users benefit this kind of good news which can have a profit to sustain our financial aspects day by day. |
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Zadicar
Legendary
Offline
Activity: 1330
Merit: 1020
Seabet.io | Crypto-Casino
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February 15, 2018, 05:32:41 PM |
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Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
I dont think so because just like in the market last time about December we know that bitcoin is about $15k to $20k and we know that almost holders has no doubt to sell their btc in around $19k to $20k. So, I dont think the dumpers will be blame but we need to know that there are also like that in market. Well, I think it still contributing the value if bitcoin down as most of us sell the bitcoin that we have. I would say its a huge possibility that that the bitcoin down since many huge amount of investors sell their bitcoins to avoid huge amount of losses. As of this moment bitcoin is increasing which means many investors as well as users benefit this kind of good news which can have a profit to sustain our financial aspects day by day. No one to be blamed but us sellers who do really contribute that dump which is a normal thing to think of. Price would really dump if profit takers and panic sellers are on combine then deep dips will really be seen. If we are on those wise traders side or investors side then this kind of situation is indeed an opportunity to buy even more cheaper bitcoins.Panicking out would only make more loses for us. |
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YoungMaster
Full Member
Offline
Activity: 462
Merit: 100
MYCRYPTOBANK.IO
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February 15, 2018, 07:43:36 PM |
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Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
I think the reason why people were panic and decided to cut-loss their bitcoin is because they want to secure the value of their assets when bitcoin was down. But what you said is true if their decision to panic-sell indirectly contributed to the dump in the market.  |
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Cryptophorus Columbus
Newbie
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Activity: 154
Merit: 0
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February 15, 2018, 11:00:56 PM |
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The real problem is that the vast majority of "traders" here have no experience of trading, so at the first difficulty they panic and make bad decisions.
Trading is a difficult job, you need strong competences and a specific mindset.
If you don't have it, when you see that your money seems to disappear, it's inevitable that you panic.
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Victorycoin
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February 16, 2018, 01:09:17 AM |
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Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
You also make the whales richer as they buy cheap coins. What these weak hands don't understand is that these regulation laws are just old news-- in different form--escalated by fudders. In retrospect, we have china ICO regulations last year. Still, bitcoin's price, including the whole cryprocurrency market valuation has done well until now. These things take some getting used to but unfortunately most bitcoinkers especially the newbies are usually too far gone in erecting sky scrappers without first checking out the foundations and all can tell, what to expect from that. As the bullish pressure is beginning to mount again, I know it won't be long before the ATH is tested again, subsequently people's confidence would wax stronger and the rate of panicking reduced. |
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Lupus Solitarius
Member
Offline
Activity: 273
Merit: 11
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February 16, 2018, 10:01:59 AM |
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I don't know how much people that sold everything in January contributed to the dump, but I think that they will regret: just today BTC is again over 10.000$, very likely it will continue to grow.
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BountyX
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February 16, 2018, 10:56:49 AM |
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Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
There are two sorts of panic selling: those who just panic and sell, and those who have no choice but sell, because they cannot afford to lose what they have invested. Of course, this second category is even more in panic, but they simply have no choice, since they have violated the first rule of crypto: don't invest what you cannot afford to lose. |
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