when you sell out of panic, you are contributing to the dump!

[ocid]

Some people may not have a choice, they are forced to sell their bitcoins at a lower price, when they really are needed, and this is the only way to make money. To do this, I think you need a constant job with a stable salary that would support your daily life before you start earning income from bitcoin.

if we only rely on bitcoin income and have no other jobs that have a steady income, urgent economic needs can cause panic. everything can be done to meet their daily needs, by selling the bitcoin they own despite being forced to sell when the price is low in order to meet their needs.

[1714730656]

1714730656

[1714730656]

1714730656

[MiXxe]

Some people may not have a choice, they are forced to sell their bitcoins at a lower price, when they really are needed, and this is the only way to make money. To do this, I think you need a constant job with a stable salary that would support your daily life before you start earning income from bitcoin.

if we only rely on bitcoin income and have no other jobs that have a steady income, urgent economic needs can cause panic. everything can be done to meet their daily needs, by selling the bitcoin they own despite being forced to sell when the price is low in order to meet their needs.

Exactly! Preparedness and being efficient in bitcoin and a formal job are both very important. It is good to know that there are some who choose to work full time in the cryptocurrnecy, but then, the assurance of the sustainability is not present. I trust bitcoin very well, indeed. But we have to be secured and rest assured that we bitcoin price is volatile and we have to get ready of what may possible happen.
On the otherhand, I must agree that panic selling is really a hindrance for bitcoin to have a continuous price increase because people will think negatively about bitcoin.

[tianok21]

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 you that every holder decides to sell their possession they are contributing the price dump. Panic is one of the big contributors to price fall in the market cap. If the holders of once coin decide to dump or sell their possession to the coin they hold it cause price fall because of bulky supply of coin in the market but less demand or buyer of the coin because they fear to buy due to the price falling.

[AntonGrishko]

I think many people here are really not holders of bitcoin, majority are using bitcoin to support their finances, this is why many keeps complaining when suddenly bitcoin value drops.

[7Dyoknga5]

That's true..supply in the market increases thus making it's value decrease. On the other hand, it gives others to purchase btc at lower price thus helping btc price recover.

The fluctuations in the market is normal and healthy, but due to more frequent decline of price a lot has lose their faith.

[squog]

True without a shred of a doubt. I guess there will be a dump if a country actually bans the use of crypto currency. Of course the people from that country will dump all their shares because they can't use it. So price drops and people panic. Now, others who panic does the same. They sell theirs coins andnit actually creates more supply in the market. More supply the lower the price. 

[Bitcoinjheta]

That's exactly what happens when you sell out of panic, it's part of cryptocurrency. so good to do is do not panic ..

Sometimes you will be carried by your emotions due to the FUD has been flooding outside the area of crypto. More of this things are initiated with biggest share holder of bitcoin to down grade the value in the market. So mostly it depends on the holders if want to sell or not but in total if they are not mean't needed purely decided to hold for a moment to prevent from contributing of markwt down.

[yaghoniyu]

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!

Of course, If you sell out of panic , you are contributing to the dump,  the market will down. So, dont panic. The volatility is normal.

[tothanhtuan]

Sometimes I think there are no weak hands and no FUD and all this is just an explanation for market manipulation. All are saying weak hands to others but I cant believe that peeps are so stupid... even well known sites are saying „because of SEC“ but at the SEC homepage there are many meetings but nothing about crypto... at the moment someone noticed, another guy says: ah ok then its because of Japan regulation.

[bitgolden]

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!

Exactly. Every time that the price of btc is falling the best way is to hold, because onece the there are large of number of sellers of btc during the dump moment, the price will more falling. Doing so makes every investors who bought bitcoin at the highest price upset, and when it does they will share the fud and and the effect would become more great. Also we as bitcoin community helping not each other. That is why when everyone will stay honest, we are helping each other make btc more stronger and the dump would not stay longer.

We people are continuously blaming bitcoins that they aren’t getting up and all that stuff. But I think many of the people don’t know the reason behind it. Panic selling, yes this is the only reasons for which many people encounter loss in their lives of trading. when one person start selling, and one another and one more and so on just because of getting panic, they end up with demolishing the price of bitcoins.

It is very easy to put blame on others for own doings. You have pointed out a very common behavior of humans. We will never bother checking out our decisions and always are looking for victimizing someone else. Whenever bitcoin or any asset is embraced hugely by investors, they boost and as BTC is the most volatile one, it grows at amazing rate. Similarly, the falling rate is also very large one even if small amount is sold out.

[rejekitiban]

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!

Of course, If many peoples sell out of panic, they are contributing to the dump. The supply will high but the demand low. The market will go down.

[PIR]

If this is so we should not be carried away by our whim and disappointment due to panic instead let's be calm and remind ourselves that everything's will going to be alright because  we are only contributing negative effect -dump.. and those who take advance of our weakness during that time are the ones who will profit.

[BingoDog]

So true but so many users simply don't understand that. Sometime I think they are new and unexperineced but some users who are dealing with crptocurrencies for long time often make the same mistake.
Not they are just making mess on the market but very often they also make the loss for themsleves selling at unfavourable price. But I'm afraid this is something we can't control and can't influence much except maybe with more education of people.
 

[mashedtasks4]

People cannot control it and therefore they panic which creates a ruckus.

[sharnel18]

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!

Absolutely yes,we cannot control the situation especially the stability of the crypto price when if it is getting into dump people panic selling their coins,ans it
hasss  normal but the things is your ,contributing into the dump conditions and the worse things is there lossing their potential gaining

[Sofiyah]

that's right, I also think that way. but when we do panic selling, we can only lose because at that time definitely the market price is down. and if we go sell when the price is still cheap, surely the price could be more down again because no one is buying but continue to sell.
should we keep hold when the price drops, do not participate in panic selling because it could lead to more severe market again.

[SchiefelbeinBTC]

The only thing to do in situations as such is - not panic at all.

[LienTHETRADER]

It is not easy for a lot of people to control it and that creates panic.

[Stephen1989]

Exactly the people are contributing more to the situation and making it more worse and that is what we call panic because they know the thing it will rise but still can't afford to loose their money at current and more than half of the investors are doing so around the globe which in turn leads to price dip or you can say crash.They need to analyse the situation and be calm and hodl in order to gain profits.

[alexsandria]

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!

Of course, If many peoples sell out of panic, they are contributing to the dump. The supply will high but the demand low. The market will go down.

Panic doesn’t give you  a benefit but patience and trustworthiness does especially when it comes to investment. This way your money could grow higher. And yes selling  out of panic could just contibute to price deflation of bitcoin because it would results to a high supply due to other users selling.