Webberson
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February 06, 2018, 07:40:56 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!
The truth cannot be far-fetched from this - as there ought to be a psychological effect that sets-in at one point, to make an individual want to sell. To me, having a panic sale, is a measure of one's investment. The amount invested in a trade, is always in proportion to the amount of emotions released into that trade, which most of the times leads to panic sales. So, it is not actually the fault of those that embark on panic sales.
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AK47-
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February 06, 2018, 08:32:58 PM |
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This is true for any asset with speculative presence. Any news or development, and most of the time a dip for no reason accelerates the panic further worsening the slump. And in bitcoin lack of any regulatory authority makes it worse because it can't pump any money in or out of market to mediate the price. Moreover, the general distrust of public on crypto currency makes them behave this way. So, people need to increase their threshold to percentage movement of 30-40% in crypto which is a lot more then trading with equity or derivatives.
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goku1525
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February 06, 2018, 09:32:19 PM |
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This is true for any asset with speculative presence. Any news or development, and most of the time a dip for no reason accelerates the panic further worsening the slump. And in bitcoin lack of any regulatory authority makes it worse because it can't pump any money in or out of market to mediate the price. Moreover, the general distrust of public on crypto currency makes them behave this way. So, people need to increase their threshold to percentage movement of 30-40% in crypto which is a lot more then trading with equity or derivatives.
Definitely, That's the good reason why people not believe about bitcoin there's no equality in trading and other people scared about investing because bitcoin is volatility but for sure in few weeks bitcoin will increase rapidly.
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Kim Domingo
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February 06, 2018, 09:50:12 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. Those people who are into panic selling or buying cryptocurrencies at a low price do not even know that instead of helping the price to rise up is they are the one who contributes on the dumping of the price because they are rising the demand at the low price since they have bid on it and we all know that people buy those who are really affordable on the budget that is why the prices arw getting into a dump.
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Hirameki
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February 06, 2018, 10:51:10 PM |
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It is also one the factors affecting the dump of bitcoin value now, basically because the rule of supply and demand applies on it. decrease in demand will basically dump the price of it. So i suggest dont contribute for its dump now, instead just hold you bitcoin investment, Because everything will pay off just right for you. So dont panic. Sit back, and let bitcoin do its thing.
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crypt0heaven
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February 06, 2018, 11:08:05 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!
never sell due to panic. The media is a piece of crap and just cause fear, do never forget the long term vision. You are part of something great here.
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RedzoneASE
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February 06, 2018, 11:15:58 PM |
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The "panic" on dumping is beneficial to those who can buy large amount of btc (like whales, etc). They can easily accumulate large amount of it for very comfortable price. Those experts will hold on most of them, they can play the market and dictate the price. When the condition of the market is in their control they can now sell some and earn big bucks.
Yes indeed. Those who panic selling will be the one who will suffer big losses. If you are wise enough don't be drag with those who are playing safe without thinking what they loss. The best thing to do for now is to stay calm and wait. Holding can be risky but if you want to gain profit then go take it.
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Flickkk
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February 06, 2018, 11:41:52 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!
as far as i know they don't sell it because they are dropping. some issue about for Example . China Bans Cryptocurrency.
then People in china that holds Cryptocurrency they sell it even though it is low or they wont get any profit because. they better sell it fast than losing all or get nothing, before the Ban take over in china. that is why The Dropping/Dumping is still on going because there are too many People in china are using Cryptocurrency. so We just gonna wait until they sold all their coins.
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Fantastic33
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February 07, 2018, 12:07:00 AM |
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Bitcoin's price is affected by its supply and demand, and yes most of us here know that the supply of bitcoin is inversely proportional with its price. But we cannot control bitcoin holders from selling their coins. Some of them got panic because of the downfall, and some of them need money thats why they sell it. We holders have our own decision wether to sell or hold it. And everyone of us that are involve on bitcoin contributes to its price increase and its decline.
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PhucS
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February 07, 2018, 01:07:34 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!
Yes, you are right, I totally agree with this view of you. The impact of legal regulations from Korea and India probably only affected a small part, mainly due to the psychological panic, can't keep calm, fear losing profits so some people have quickly sold out, especially those new to invest in Bitcoin. That causes spillover effect and more people panic. During this time, I think we should hold
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marcbitcoins
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February 07, 2018, 01:16:23 AM Last edit: February 07, 2018, 01:34:16 AM by marcbitcoins |
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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!
Indeed, panicking will not do anything good but it just make things worst in the market but not all selling their coins in the market because they have panic but some are using a very smart strategy to sell high as $19,000 and buy it again as low as $6,000. You could already see a big profit in there but it could really contribute to panic the people but that is the risk of joining investments therefore we should know how to deal with it specially that the big whales are expert in this buy low and sell high strategy.
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markk94
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February 07, 2018, 01:19:03 AM |
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your topic is right to the point where much of us still selling some coin because of this panic attack everywhere. we must stay with some basic principle if i may say, sell at green bar and buy at red bar. that will make the market better looking than right now because of dumper.
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pendekar cinta
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February 07, 2018, 05:00:01 AM |
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It is true that someone who panics makes the market decrease so to keep the price the traders have to stay patient and look for big capital to buy coins when it goes down.For the sake of bringing new opportunities in gaining profit in the future.
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phr0stbyt3
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February 07, 2018, 05:45:33 AM |
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That is true but thats how the market always worked people always complain about the price being high and bitcoin isnt a good investment anymore but at the same time sell at a loss when price is low , unfortunately nothing can he done by us in this situation as its their money we should either hold or buy more
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carlisle1
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February 07, 2018, 05:58:10 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!
some sellers have their valid reason,but most of them are panic people and much better to call WEAK HANDED users.those people that if theres a dip because of fud,becomes an automachine that sells coins instantly.those are non contributors.what they only want is easy money andnothing more
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Rufsilf
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February 07, 2018, 06:26:40 AM |
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The panic sellers are just newbies and they are really contributing to the dump and i think that it is their fault since they are just dumping because they are listening to the FUDs and manipulators but they didn't realize that the real people behind the FUDs are just buying their cheap bitcoins to replace their position.
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carodupuis
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February 07, 2018, 06:52:12 AM |
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The author of the first post said about FUD. This means fear, uncertainty and doubt. Such a state occurs in a person under the influence of a large amount of negative information that is used for the purpose of manipulation, including in the market of crypto-currencies. But every trader should understand that the "market" specifically uses such tools for the necessary correction when the weak sell their assets, and the strong ones will acquire them. Be strong, stick to your strategy. The market will necessarily go up and you will be on top.
Fear, uncertainty and doubt are the leading cause to destroy anything whether it is a relationship, any business or some other important matter. One should not just sell his shares out of panic. And if that panic is because of the low prices, it will be considered very unprofessional to sell out everything you have, whenever you see that the prices are not up to the mark. Patience always pays us in the form of benefit, when we have invested in some fruitful business just like bitcoin.
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DaddyMonsi
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February 07, 2018, 06:56:09 AM |
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The panic sellers are just newbies and they are really contributing to the dump and i think that it is their fault since they are just dumping because they are listening to the FUDs and manipulators but they didn't realize that the real people behind the FUDs are just buying their cheap bitcoins to replace their position.
Yep they are newbies who bought Bitcoins last September 2017 to October 2017 when there's a Bitcoin bull run until December 2017. They are the ones who invested without thinking of what they are going into. They are in for fast money only and not for long term. They are dumping now out of panic thinking that Bitcoin cant recover anymore.
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Kotone
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February 07, 2018, 08:07:38 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!
The more that people actually go and do panic selling then the more that more people can join in and maybe even make cryptocurrency relevant again. Actually looking for more opportunities to buy in means that a price drop will happen and people actually panic selling which means other people can use this opportunity to go in the bitcoin stock column and make a name
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JoshMart
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February 07, 2018, 08:29:22 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.
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