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Author Topic: when you sell out of panic, you are contributing to the dump!  (Read 3852 times)
Bellator
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March 25, 2018, 08:22:50 PM
 #221

I agree to this. Many of us are keep whining and nagging about the price dumping. Which also make some of us feel alarmed and make wrong decisions. That’s why most of us panic selling their coin at a wrong time. We just have to understand and accept that this is how the volatile nature of digital currency really goes.
That is simply right mate,panicking is one of the contributor of price dumps but we can't totally blame if they have fears of lossing their money.Even if we try to look so courageous most especially nowadays when bitcoin has facing tough times,some of us prefer to cut losses than to lose everything they have.They were just protecting their wealth.Some of us wanted only for short term investments,inorder not to get victimize on the votality of price.Its somehow their strategy i guess because they already know that in the first place.History recalls and a repeated scenario of rise and fall of bitcoins price and we must have patience and be more vigilant.

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March 25, 2018, 08:29:19 PM
 #222

I agree to this. Many of us are keep whining and nagging about the price dumping. Which also make some of us feel alarmed and make wrong decisions. That’s why most of us panic selling their coin at a wrong time. We just have to understand and accept that this is how the volatile nature of digital currency really goes.
That is simply right mate,panicking is one of the contributor of price dumps but we can't totally blame if they have fears of lossing their money.Even if we try to look so courageous most especially nowadays when bitcoin has facing tough times,some of us prefer to cut losses than to lose everything they have.They were just protecting their wealth.Some of us wanted only for short term investments,inorder not to get victimize on the votality of price.Its somehow their strategy i guess because they already know that in the first place.History recalls and a repeated scenario of rise and fall of bitcoins price and we must have patience and be more vigilant.
That is right, so panic will have nothing to contribute to the price, if we are doing panic selling when price dumps then we are just like saying that bitcoin is not so worth to invest at and that we are just investing on it because of the current price and not the future price.
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March 25, 2018, 10:18:26 PM
 #223

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.
Some people do not have choice but to sell their bitcoin in low price specially when they really need it and it is their only way to have money. This situation taught that you also need a job where give you stable salary that can support your daily living because not all the time the price is profitable. You need lot of time to wait for bitcoin to recover its value and gain profit.

the choices are before buying or investing. it is not wise to do trading in crypto with a fund for living, that's why they are in no choice situation. panic is more like situation for traders because they buy to gain profit fast for living cost and buy again, they would be panicking when the price is down. this is less incident in investment, because they use extra fund to invest.
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March 26, 2018, 04:51:47 PM
Last edit: March 26, 2018, 07:00:04 PM by beej
 #224

I think in way of looking at the situation, when people do choose to sell out due to panic
and with severe and declining market prices and conditions. They are making things a lot
worse for themselves. It may not be the entire market but when this situation does occur
and other investors tend to be influenced or taunted to sell with the mindset of cutting loses
out of sheer panic and despair. Making that mistake and influence has a short lasting impact
on the deflating market. I surmise when this happens, it makes the market bleed more and
since there really isn't much people can do to reverse dumps and dips. I believe it disarms,
impairs and further weakens the market a bit more, leading to more dips and lesser price
climbs in the process.
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March 26, 2018, 05:14:31 PM
 #225

I think that nowadays many people's are panicked to sell bitcoin, especially big investors who sell all bitcoin to make the price down sharply. They sell it without thinking they will lose, they have no confidence bitcoin price will rise again. Panicked investors are making bitcoin prices down so that poor people who only use bitcoin for their daily needs are quite difficult to get a profit and hard to meet the needs of his life. If this happens continuously can make bitcoin price becomes very low.
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March 26, 2018, 05:20:02 PM
 #226

they are not attacking to the technology actually. they are only participating to cowards side  Cheesy sometimes they get advantage of buying more coins from deeper price. sometimes they can not. but i dont think any pump or dump effects to development of blockchain technology.
yes, they can take advantage by disseminating bad information to cryptocurrency holders or by damaging the reputation of this blockchain technology, in order to get everyone to panic so as to drop the value in the market by taking the opportunity to buy large quantities of coins at the lowest price.

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March 26, 2018, 05:44:04 PM
 #227

they are not attacking to the technology actually. they are only participating to cowards side  Cheesy sometimes they get advantage of buying more coins from deeper price. sometimes they can not. but i dont think any pump or dump effects to development of blockchain technology.
yes, they can take advantage by disseminating bad information to cryptocurrency holders or by damaging the reputation of this blockchain technology, in order to get everyone to panic so as to drop the value in the market by taking the opportunity to buy large quantities of coins at the lowest price.
It's been a practice to get more coins to hold, those who are selling out of knowledge are the victims of this strategy, dumping coins which have a better development is just wasting your money and giving it to those who really understand the market, I'm sure no one wants to be eaten alive
inside the exchange, so better to learn more about your investment, study much deeper and never to fall into panic when situations are not favoring
your side, keep holding and don't allow whales to eat you.
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March 29, 2018, 09:51:28 PM
 #228

they are not attacking to the technology actually. they are only participating to cowards side  Cheesy sometimes they get advantage of buying more coins from deeper price. sometimes they can not. but i dont think any pump or dump effects to development of blockchain technology.
Even if I do not like the methods I think they are being very smart, attacking the technology of bitcoin will be a great mistake since there is no way to destroy it or to beat it so those that are creating these artificial crashes are hitting people where it hurts the most in their pockets and even if the market recovers many people that lost money will probably never invest in bitcoin again.

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March 29, 2018, 10:41:25 PM
 #229

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 do agree with the statement. Selling won't be a solution at times like this. But also, we can't blame those who choose to sell than to hold because that is their money in the first place and they are just doing what they think is right in order to still have some profit or to have only lose a little of their profit than to lose all. Be patient, the market will soon recover given that dumps in the market is temporary.

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March 29, 2018, 11:02:15 PM
 #230

We cannot blame them selling their coins when they are seeing the market so down and its not normal for them to see it, However its a good thing for us since we will be able to buy lower price Bitcoin and the profit that we can accumulate for trusting and believing Bitcoin are huge.
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March 31, 2018, 02:29:24 PM
 #231

We cannot blame them selling their coins when they are seeing the market so down and its not normal for them to see it, However its a good thing for us since we will be able to buy lower price Bitcoin and the profit that we can accumulate for trusting and believing Bitcoin are huge.

True,This is a one positive moment from this situation and I,personally waiting this to buy much more than today.This process more like a stream of water,We always say to not sell but if people sell it we will get more there will be no tradegy.Anyway we can do nothing,People are doing everything possible for their own well-being and may this way be more profitable,Some of us look at this processes differently and its so hard to agree at such a basic level...
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April 13, 2018, 10:33:47 PM
 #232

We cannot blame them selling their coins when they are seeing the market so down and its not normal for them to see it,
We should get used to it. When the market is fine and bitcoin's price is quite high, we can't here any single complain from them. But when the price starts to decline, you'll expect them to show themselves and whining and blame bitcoin.
However its a good thing for us since we will be able to buy lower price Bitcoin and the profit that we can accumulate for trusting and believing Bitcoin are huge.
They will not understand this, they are only holders but they don't want to take note that it's also a good time to buy when prices are low.

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April 13, 2018, 11:04:47 PM
 #233

Lacking of knowledge about bitcoin is definitely the main cause. Most of the panic sellers are those to invest during the time of high price. They already loss a thousand of bucks and they might trying to cut more the losses. This is not how crypto works. Be patience at least and do some research before contributing to dumping. Now prices are getting good again, I bet those who panic sell are kinda regretful right now.

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April 13, 2018, 11:38:38 PM
 #234

I agree with this, dumping on a panic because of the news, the trend of the price and other negative factors is contributing to the dump of the price of any coins. All coins have their ups and downs and it is important to be steady and not selling your coins on the panic state. Learning to be patient is the best way to go.
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April 14, 2018, 02:34:41 AM
 #235

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.
Some people do not have choice but to sell their bitcoin in low price specially when they really need it and it is their only way to have money. This situation taught that you also need a job where give you stable salary that can support your daily living because not all the time the price is profitable. You need lot of time to wait for bitcoin to recover its value and gain profit.

the choices are before buying or investing. it is not wise to do trading in crypto with a fund for living, that's why they are in no choice situation. panic is more like situation for traders because they buy to gain profit fast for living cost and buy again, they would be panicking when the price is down. this is less incident in investment, because they use extra fund to invest.

maybe some people are not aware if selling a coin when panic or dumb price that could lead to negative things against blockchain technology, I also don't know, what if I sell when the price of dumb other than harming myself. but most people sell coins at dump prices because they don't have any other options because they need money for unannounced purposes. and we can't blame such people.
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April 14, 2018, 03:27:14 AM
 #236

Without huge dumps, there cannot be huge pumps, they are both sides of a coin, the only question is which coin is being dumped, is it valuable in the long-term or is the dump as a result of a problem?
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April 14, 2018, 04:01:53 AM
 #237

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 you do not have to and do not have to be frightened then dump the price of bitcoin or other coin, I think you should be able to control your emotional condition and patience you have to be bigger because if you dump coin price then will only get loss.
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April 14, 2018, 04:34:43 AM
 #238

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 if we are selling because panic we contributing on market drop. Its important to verifying negative news because many negative news around cryptomarket. Many whales just sit and waiting panic sell and they will buying at lower price. Long term is good choice because we can ignore any negative news and FUD on cryptomarket

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April 14, 2018, 05:18:54 AM
 #239

Even if people didn't know yet why the price drop, there would be others who would immediately panic because they don't want to sold when price is already dipping lower. If you just enter the crypto scene, it would better to observe the price and be oriented with how volatile the market is but sometimes people should experience panic selling so that they would learn. I think most if not all experience being in panic. I, myself when I am just a newbie in crypto, I am overwhelmed by its volatility that's why a price drop would make me panic sell and I panic buy as well when the price went up. I learned later on that patience is important so no need to panic.

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April 17, 2018, 08:03:07 AM
 #240

Even if people didn't know yet why the price drop, there would be others who would immediately panic because they don't want to sold when price is already dipping lower. If you just enter the crypto scene, it would better to observe the price and be oriented with how volatile the market is but sometimes people should experience panic selling so that they would learn. I think most if not all experience being in panic. I, myself when I am just a newbie in crypto, I am overwhelmed by its volatility that's why a price drop would make me panic sell and I panic buy as well when the price went up. I learned later on that patience is important so no need to panic.
This is the biggest dilemma of the crypto market as the ones who are newbies and those who don’t know much about the crypto market commits such kind of mistakes in the early years of their investment and that they find it very much difficult to keep their nerves under their control at such time. they go for selling of their coins even at lower rates which makes them feel regret as well as results in the dump.

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