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Author Topic: when you sell out of panic, you are contributing to the dump!  (Read 3852 times)
weblouartisan
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May 25, 2018, 08:46:06 PM
 #461

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!

Obviously you are really contributing for the price to dump, fud or fake news shouldn't affect you because will all know that the prices in the market are all based on supply and demand so you can always expect for the drastic changes and do not worry for the price drop.

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Sum24
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May 25, 2018, 11:50:33 PM
 #462

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.

That’s a good point because I my self-observed that there are a lot of newbie who are doing panic in selling which is not good before going to join bitcoin we need to understand first bitcoin that what we need to do because it’s a money and here we have to play carefully if you lose here once so then it’s very difficult to come back we need to check the price first and bitcoin is such a currency which increased its price very fast.
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May 25, 2018, 11:54:55 PM
 #463

The worst thing is that there are still lots of people who invested in bitcoin when it got big down and nowadays they are just selling those coins which make btc going down again...
Well i definitely agree that when we sell our bitcoin when the market is not in good condition we are surely contributing to dump so my advice is we should just hold our bitcoin and wait for the pump before we sell it.

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Dansamiv
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May 26, 2018, 12:49:01 AM
 #464

It is certainly not good for maintaining the value of the coin on the market and not good for the crypto community. How can we restrict or prevent them in their consciousness? For many, they viewed crypto as their main occupation and income. Panic always increases as the market goes down. It is the reality of being crypto world that everyone faces.
Ampong2121
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May 26, 2018, 02:34:15 AM
 #465

For any kind of investment you will have people who will have patience, have trust and will hold even if there is a major dip. Others will start panicking when their is a drop and will start selling. I believe I am part of the first group  Smiley.

In investing there will be a people who have nervous, especially when the price is not good because if you see that your investment is below the price you invest, ofcourse you will panic because we are talking about MONEY, so we cannot force them to hold because they dont want lose all their investment. But your one of the great investors because you have in mind the positive feedback of holding bitcoin in long time and you have the patience to wait, and thats a good example of good investors.
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May 26, 2018, 03:01:41 AM
 #466

Most users can not wait to wait, they feel when the price drop then bitcoin never goes up again so they sell in panic condition, this is what makes the price hard to go up and keep drop, I hope that the user must be sure with the future bitcoin so it can hold for a long time.
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May 26, 2018, 05:41:20 AM
 #467

Very true. And guilty as charged. This was me way back early days I have invested in bitcoin. I am easily flustered by what i see, by FUDs,i rode with the waves and never against it. Only to find out that in the end, i am at the losing side. Now, i have known better and I am telling you guys that there is a gain when you hold. Let us not drag down each other's investments by panic selling. there is more to this currency than useless pumps and dumps.
Tamilson
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May 26, 2018, 06:22:23 AM
 #468

Most users can not wait to wait, they feel when the price drop then bitcoin never goes up again so they sell in panic condition, this is what makes the price hard to go up and keep drop, I hope that the user must be sure with the future bitcoin so it can hold for a long time.

Well those who do that are all just new in crypto world and don't know exactly what's happening and they afraid that their investment will turn to nothing. We can't blame them because their money is on stake here though at the first place they should know the risk of what their doing. We always in a win or lose situation here so better be used and embrace all the risk and fuds here.

Happy Coding Life Smiley
fishball
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May 26, 2018, 06:38:36 AM
 #469

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!

This is totally true. No good thing will happen if you choose to panic rather than be calm and collected during problems. You are just making yourself much more irrelevant in this cryptoworld by losing a significant coin. But nevertheless, learn from your mistakes and from other people's mistakes too.
campica
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May 26, 2018, 06:51:45 AM
 #470

Most people start panic if bitcoin price is start falling in big daily percentage, but not all people sell bitcoin in that time. Some people have a good monthly salary from regular job and they don't care if bitcoin price fall, so they just hold it for long term. But people who use bitcoin earning for paying daily needs , they panic sell when price start dropping and yes they participate in dump bitcoin.
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May 26, 2018, 06:53:39 AM
 #471


It's true, making decisions in a state of emotion or panic, will only add new problems.
Just like if you do altcoin selling in the state of selling in the market is going down. You can certainly suffer losses, not profits.
Of course that is the thing people are unable to understand. One should never sell the coins when the market is red and rather should hold them. There are people who own huge stock of Bitcoin and choose to sleep when the market is red because they know the red market cannot affect them until they sell. The patience and sleep pays off eventually and the worth of their portfolio rise many times.
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May 26, 2018, 07:13:23 AM
 #472

panic selling often occurs not only in the trading of altcoin and bitcoin, in stock trading also happens panic selling and also profit taking, it is common in a stock either stock exchange or altcoin / cryptocurrency exchanges. and many people feel a loss in the event of panic selling, usually panic selling without any issues or news that will only last a moment, fundamental factors such as performance altcoin or the existence of a large program that is being launched can make altcoin prices to climb up
bristlefront
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May 26, 2018, 07:47:17 AM
 #473

some those who panic sells need some money and we can't blame those who did dumping. some bounties have to blame the dump since those who need money goes to join bounties and of course they dump the reward altcoins. but bounties is a good way to advertise their product so we shouldn't fully blame bounties and it really depends on the holders choice if he/she joins the panic selling (dumping).

Batask
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May 26, 2018, 09:15:35 AM
 #474

some those who panic sells need some money and we can't blame those who did dumping. some bounties have to blame the dump since those who need money goes to join bounties and of course they dump the reward altcoins. but bounties is a good way to advertise their product so we shouldn't fully blame bounties and it really depends on the holders choice if he/she joins the panic selling (dumping).

This is true, if you are an panicking person and in terms of crisis you  panic its like you dump your money, you panic and you ruah selling your cryptocurrencies. Eliminate that bad habit of yours and stay cool, stay calm relax, dont let your panic win. Just be patient and wait if it goes down relax because it will recover soon.
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May 26, 2018, 09:26:25 AM
 #475

when the price drops we do not need to worry and panic so it will panic sell, but actually if we panic sell it will make the price more down because the fewer the demand then the price will continue to fall and if demand many or many who buy the price will rise
Kakawate
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May 26, 2018, 09:35:04 AM
 #476

What you are saying here is actually possible and mainly the reason why the fall is too sudden, people tend to sell of their coins when a fud or panic is at sight, now when this happen, we are contributing to the rapid fall of any coin, but Im not saying that holding when everyone is panicking is wrong, selling might be a nice option.

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May 26, 2018, 09:59:27 AM
 #477

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 basically if there is bad news about bitcoin and altcoin then bitcoin and altcoin prices will decrease it happens because investors are worried about the future of the coin they hold and they sell it simultaneously
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May 26, 2018, 10:18:22 AM
 #478

That's right there are people who give negative news on  bitcoins and other crypto currencies which results in selling out bitcoins and crypto currencies which contributes in the dump in the crypto currency market. Once Jamie CEO of JP morgan said that the bitcoins and block chain technology is a fraud which resulted in panic selling the market started to plunge but Jamie was a good and active investor in bitcoins. Most of the investors are giving negative news on the greatest invention may be with a thought to buy good set of bitcoins as there is good potential for bitcoins to increase its price and which will help to earn good returns from the investment when the price shoots up.

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May 26, 2018, 10:36:50 AM
 #479

That is why it is very important also to be emotionally stable and prepared before entering to any crypto investment because anytime the market price dip you won’t get panic and sell anytime in bad timing. So make sure to study everything about crypto before starting so that you won’t belong to panic seller.
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May 26, 2018, 10:38:49 AM
 #480

but I think the panicked also provide a good opportunity because it provides an opportunity to buy at a low price, of course, this will be very profitable if we can take advantage of the moment as possible to profit as much as possible from the difference in price buy and sell
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