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Author Topic: when you sell out of panic, you are contributing to the dump!  (Read 3861 times)
diickydbo
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May 29, 2018, 02:56:17 PM
 #541

Strongly agree this, when many people panic it just makes the price of bitcoin decreased, and other effects are many people who contracted to the panic and do not believe in bitcoin again. This can make the bitcoin will fall deeper and harder to bounce back.
BeGoods
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May 29, 2018, 03:05:38 PM
 #542

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 contributing to the traders who wants to dump bitcoins because the price will just continue to decrease if everyone will just sell their coins and will believe the fud which is not true.
That's why the price is getting worse until now because many people are constantly experiencing panic because fud and fake news continues to spin. let alone no significant price changes make users more panic. I knew that it would contribute to a dump, so I was as much as possible not to be tempted to sell out of panic..
Btcepoy11
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May 29, 2018, 03:13:26 PM
 #543

That's right when people start panic selling it will contribute to dump. We connot control those people who panicking due to the unstable price of bitcoin and other alternative coins. Remember that the more tokens selling, it will cause low price and the more tokens brought it will cause high value. The more the demand the higher the price, we need patience in this world of cryptocurrecy because we are dealing with high volatile asset.
shield132
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May 29, 2018, 06:22:39 PM
 #544

The reaaon I am posting here now is following: What the hell do you some guys want from bitcoin and why?
Bitcoin has to fall and rise, both of them. You guys are looking for nonstop rise and that's impossible + mustn't be possible.
People have to panic sometimes and that makes trading somehow exciting too + imagine but stablizes everything. Anything that's profitable has it's risks.

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Bitexpert2017
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May 29, 2018, 06:57:03 PM
 #545

Yes we shouldn’t sell out of panic, but don’t forget that buying and selling are two things that must take place for a market to be complete. You can’t say this is a market when there is no buying and selling involved.
kwabeedat
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May 29, 2018, 07:01:03 PM
 #546

Perfectly said. We are the cause of our own problems. In fact we cause our own doom. We shout and cry aloud everything is falling and at the end of te day we are the same people selling the coins. What saddens me is when I hear someone saying "leave with minimal loss." That statement really boils blood
khafimisha
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May 29, 2018, 08:47:18 PM
 #547

You don't have to worry if you have believe the tech itself. I thought about it before that it would be the end of bitcoin and blockchain base on the price but I was wrong after panic selling is not a good practice that we exhibit to other cause patience is a virtue continue to paly fair not only for yourself.
SergeYak
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May 29, 2018, 08:56:46 PM
 #548

It's absolutly true , every dump in past was just becuse of people who selling crypto because of panic. I think that those people are just mad and can't learn from mistakes.
trand
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May 29, 2018, 09:34:59 PM
 #549

I always try to close my portfolio when the market starts to turn yellow, it's only in rare cases I force myself to sell at low prices ...
Somehow, selling and buying both during the dump can make you earn some extra money. For example, when the price of bitcoin drop from $9000 to $8000, combine with some trading skills, you can sell it around 8500-8700 and buy back around $8000-$8200

nurbay
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May 29, 2018, 09:42:22 PM
 #550

I agree with you.
It's true, making sales in large quantities of Cryptocurrency could cause the price of coins in the Cryptocurrency market to fall in price.
Therefore, when you know the price of Cryptocurrency has decreased then you should be calm and do not panic, let alone sell your coins in large quantities when you panic.
Actually, in the Cryptocurrency market, there will always be a decline and a rise in prices. Only we are dealing with the condition wisely or not.
alkiw21
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May 29, 2018, 10:36:23 PM
 #551

I agree with you. People who become panic sellers very clearly contribute to the dump. Why this happened ? because panic sellers are less confident or hear other people's chatter than believe in themselves. They became part of a panic seller. But if they are patient, they will definitely get a better thing.
joebrook
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May 29, 2018, 11:13:34 PM
 #552

I agree with you. People who become panic sellers very clearly contribute to the dump. Why this happened ? because panic sellers are less confident or hear other people's chatter than believe in themselves. They became part of a panic seller. But if they are patient, they will definitely get a better thing.
That's why i continually say that if Bitcoin is to die or to survive then it is going to depend solely on it's investors and sometimes you can't really blame them because they don't want to lose money and they panic to sell.

 
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Choyor
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May 30, 2018, 12:36:53 AM
 #553

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, this is true, when people sell their coins then the supply of coins in the market will increase, as the supply in the market increases then the price of Bitcoin will drop and will result in its dump, therefore we must remind each other to the people so that not panicked by issues or unfavorable situations that occur with Bitcoin.
fourpiece
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May 30, 2018, 01:01:07 AM
 #554

Only the weak hands are contributing to the panic ,in this situation the best way to do is to let those weak hands sell all thier coins, and youre one who will buy those coins .

Lonthe
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May 30, 2018, 02:06:27 AM
 #555

I agree with you. People who become panic sellers very clearly contribute to the dump. Why this happened ? because panic sellers are less confident or hear other people's chatter than believe in themselves. They became part of a panic seller. But if they are patient, they will definitely get a better thing.
If many users panic it will make the price continue to drop, this is certainly not going to make us lucky so I suggest to be patient, and on all types of investment would need patience.

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chengyinoing
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May 30, 2018, 02:15:41 AM
 #556

If the holder is affected by negative events related to bitcoin or any encrypted currency, the selling trend is high. (e.g. Government regulation).

Selling at low interest rates can also lead to huge capital losses, which is not entirely desirable. We need to have our own views on the market.
Ngewex Yuk
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May 30, 2018, 02:37:57 AM
 #557

I'm sure that the main reason users panic because of the many false news, we all know that the haters spend big money to pay for all media to preach negative things about bitcoin.

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KalaiBTC
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May 30, 2018, 04:59:48 AM
 #558


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.
One of the worst thing which any of the investor who has invested his money into any of the crypto coin can do not only to himself as well as the crypto market is that to go for selling of the coins which he has in his wallet and that too at time when the market value of the crypto coins is falling. By doing so, he also contributes in bringing the market value of the coin lower and that results in the decrease in the demand rate of the crypto coins.
TiffanyLien23
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May 30, 2018, 05:14:42 AM
 #559

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 of it, every individual who are selling out of panic contribute to continuous downtrend in the market. In this scenario the winner are those people buy their coins at low price while those individual who buy their coins at high price are the loser. This is the sad reality of trading in the market. The key message here is to become wise trader or investor. Do not go to the ocean where you do not know how much is the deep of the water or else you it will be a big loss.
Janation
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May 30, 2018, 05:20:42 AM
 #560

Only the weak hands are contributing to the panic ,in this situation the best way to do is to let those weak hands sell all thier coins, and youre one who will buy those coins .

And I don't think that not all of the investors of digital currencies are these weak. Being an investor and user of digital currencies, we know that Bitcoin and the others are very volatile, that means the price changes very quickly and if they are still affected by these changes, they are still not used on how the price changes. I think the reason why the price is continuing to dump is not because people are selling off their Bitcoin in panic but because the circulation of Bitcoin is low since people tend to hold it rather than on using it.
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