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Author Topic: when you sell out of panic, you are contributing to the dump!  (Read 3861 times)
Nasty23
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April 26, 2018, 01:29:39 PM
 #321

When price is falling wating for a miracle is not smart at my opinion. Newbies with bitcoins always selling everything because of lack of experience. At my opinion people still have huge lack of education.
Yes many of the newbies now in bitcoins are making the price dump because of lack in experience and also in knowledge. While entering bitcoin make sure that we've been enough knowledge to know the risk and make a techniques for it so that we can minimize it and can help us to hold the bitcoin and support it.

rudito
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April 26, 2018, 01:36:55 PM
 #322

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!

Yes you are right, panic sellers greatly contribute to the decline in bitcoin prices, panicked sellers will make bitcoin inventories increase and very low demand will make bitcoin prices fall.
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April 26, 2018, 01:38:47 PM
 #323

YES! That's what I've been saying! Selling your coins is counter productive. We want a stable and strong coin. Panic selling because the price took a dip is not helping anyone. This even though we've told you guys that the dip is normal plus the news from other countries really made a huge dip. Plus all the panic selling makes the dip even larger. Again, we need to hold on to our coins or better yet buy more when the market is down. Believe me once it picks up, like now, it's pure profit on your end.

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April 26, 2018, 03:36:21 PM
 #324

Don't caught by clumps saturations. This is usually advice to go to buy when cryptos at low rice. Also if you have a lot of money to spend on even at high price,  better just to wait for a  prices get lower before to do that.
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April 26, 2018, 04:22:06 PM
 #325

I think panic sellers are sometimes newbie in the world of crypto,  when they dump price will go down then those holders will have the chance to buy more of that coin.
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April 26, 2018, 04:37:58 PM
 #326

Straight to the point, yes and we can't control or convince them from to stop from panic selling.
Though, they are the ones responsible for their own actions. Maybe they are the ones who are new to this community.
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April 26, 2018, 04:50:20 PM
 #327

People selling out of panic will absolutely result to price drops since there were many people willing to sell bitcoins than those people willing to buy it. People might consider why they will buy it if price is unfortunately unfavorable.
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April 26, 2018, 10:07:23 PM
 #328

Definitely yes but we cant control people who want to sell their coins maybe they have reasons to do that maybe they need money or afraid of what will happen to bitcoin in the future but there are also people who wants to buy and hold coins and wait for increase in price of bitcoin.
BUK2016
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April 26, 2018, 10:35:44 PM
 #329

I completely agree with you that selling Bitcoin at the time its value in on the decline trends encourages further decline in its market value.  But we should do is to keep holding our Bitcoin instead of selling at lost for what ever goes down must one day come up. Just like the saying that what goes up must come down one day.
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April 26, 2018, 11:24:30 PM
 #330

Sure we dont need any regulations, but i'm feel like it was truly necessary. Some people using it to avoid taxes or even crimes, and goverments to see that.
I agree that when we sell out of panic, we are also contributing to the dump, my advice is to just hold our coin and have a long patience on waiting for the pump rather than selling it with a lower price, and dont do pancking when the value of our coin will dump, we just need to trust our bitcoin.

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April 26, 2018, 11:34:08 PM
 #331

Yes it is true and very sad to see it because many people panic even make the market worse and let the whale to take advantage of the condition, should not need to panic because the panic will only make us all losses, not necessarily also can buy d cheap price.

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Lomberjack
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April 27, 2018, 10:30:15 PM
 #332

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!
Indeed. When most people are always into complaining that they are just suffering into the Bitcoin price dump, and decided to sell it even al low price just to save their own from the loss they are into, they do not know that they make other Bitcoin holders to suffer even more because panic selling is really making a hike in the price demand at the low price which turns out for the other users to take advantage of the scenario because it is the much awaited time to grab the opportunity of purchasing Bitcoin and other crypto at an affordable low price.
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April 28, 2018, 03:14:47 AM
 #333

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!

Yes you heard it right, it is true that when you panic sell you are just gonna ruined the cryptocurrency you have because that means the demands of that coins will go down because you sell yours and the result the price of them is gonna fall down too. Because as you look at the scenario that the cryptocurrency rises because of the buyers and a lot of investors the opposite of it is of course can make them fall. So if they are falling no more panic selling as much as possible because you will just lose your money and other people's money
Birin016
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April 28, 2018, 03:27:52 AM
 #334

Never trust FUD and control your emotion and do not do panic sell, because panic sell just give we loss .better than patience if price going down and wait until price going up again. Because bitcoin or cryptoccurency price is not stable.
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April 28, 2018, 05:01:12 PM
 #335

Exactly! When the investor is under the fear of missing out he loses his mind and takes the decision based on the situation without giving a second thought of it considering the consequences of that decision. In most of the cases, panic sellers are newbies and they sell their investment due to the media reports and it results in price fall, on the other hand, experienced investors grab that opportunity and buy more at the lower price considering the long-term growth.
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April 28, 2018, 05:38:24 PM
 #336

of course, when you contribute your share to this dump, then you do not make a very good contribution, the panic to good never led
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April 28, 2018, 05:42:29 PM
 #337

Apparently, if you dump, you contribute to the easy market - where people can buy at cheap prices and that's a good for some people too...
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April 28, 2018, 06:04:48 PM
 #338

That's right that you contribute to it. But we must put this into perspective, if you are not a whale, your impact is also limite. The real problem is the domino effect

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reyblack
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April 28, 2018, 10:42:50 PM
 #339

If we sell our cryptocoins at a lower price then we contribute the price falls at the market. For me the best thing to do is to be strategic, price at the market may go up and down so we must consider volatility. In my experiences i earn a lot when i buy bitcoin at the time of dips and it rocks my whole world when bitcoin rises so high especially at last year ends. Price falls gives us chances to buy at a lower price, the lower we spent the higher of earnings we can get if it will rise high again.
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April 28, 2018, 10:46:17 PM
 #340

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!

Yes you heard it right, it is true that when you panic sell you are just gonna ruined the cryptocurrency you have because that means the demands of that coins will go down because you sell yours and the result the price of them is gonna fall down too. Because as you look at the scenario that the cryptocurrency rises because of the buyers and a lot of investors the opposite of it is of course can make them fall. So if they are falling no more panic selling as much as possible because you will just lose your money and other people's money
Individual selling their cryptocurrency at the bottom is fine, but mass panic selling is what making the price falling, the real thing that could destroy cryptocurrency is how the community could be affected by FUD and then selling their cryptocurrency at the bottom which is ridiculous. No need to blame those who selling at the bottom  or panic selling because the root of the problem is FUD

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