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Author Topic: when you sell out of panic, you are contributing to the dump!  (Read 3913 times)
bluered
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May 31, 2018, 02:42:12 AM
 #581

There are a lot of users who get panic because of the price of bitcoin and I too I am worried about It also.

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Jessica1234
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May 31, 2018, 07:24:01 AM
 #582

I've seen a lot of dumpers in my previous program. I think they really need money. Seems like it's the only savings they have. I don't know what I will feel about them, either to feel bad or get mad at them because they're only wasting their time, effort and token. I don't know if the FUD has the fault of this, but cryptocurrency today is getting dumped. I hope this will not last longer.
DragonCoinZ
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May 31, 2018, 07:31:14 AM
 #583

I think the most people do not care about this fact. Because they just want to save their own money, they do not care about the community. So thats why we have such huge dumps in cryptocurrencies. They are to many weak hands with no knowledge about investing and trading, and they react always like this! But maybe its better when all those people are getting out of the crypto business!
Diced90
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May 31, 2018, 07:37:05 AM
 #584

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!
In football they say the best defence is to attack and maybe instead of panic selling people need to counter-attack and buy more coins from this dump for to prices to climb up and not down, by doing this FUD or any price diming news will just become ordinary news with no effect on price as people will become immune to such and help reduce crypto volatility..
Meowth05
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May 31, 2018, 07:44:54 AM
 #585

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!
Well, even you pursue or tell them what to do still this panic will still be there because it is embeded upon us, and I guess this is unavoidable. No matter what we do there will be still people who will panic hence, those folks who know what the right to do should just keep up that way. For now all we can do is to hold, and I guess you have still have some coins ain't in dip then money is not a problem.

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May 31, 2018, 08:08:15 AM
 #586

This is true, however, some are resorting to cutting their losses instead of holding. I really think that the best way to avoid losses, if you are not really in need of instant cash, is just to hold and wait for the market recovery. Cutting losses, and investing in to some altcoin can also be a good way to avoid further loss, however, this is a risky move.
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May 31, 2018, 08:39:11 AM
 #587

correctly, the more we reduce our losses by selling the more we remove the dump itself during this period it is better to wait this moment while holding
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May 31, 2018, 01:30:29 PM
 #588

That is true that panic selling can be negative for the market but as for now the crypto market is recovering so I hope nobody is in a rush to get rid of their coins because that does not make sense in today's circumstances.
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May 31, 2018, 01:54:13 PM
 #589

Panic selling is caused by inexperienced traders or people who simply don't believe in their own judgement in what they have invested, or the fact could be that a project is going down, so it all depends on the circumstances. Personally I would say to newbies and oldies alike in this crypto hustle, that you should find a few good projects that you have studied well and really believe in and sit in them long term for a year or two or more, until you reach your designated target, then exit or semi exit that project. Looking always for just the quick gains isn't easy and can put you in a bind instead sometimes.


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May 31, 2018, 03:57:54 PM
 #590

Most sellers in panic are because they have not really experienced bitcoin investment. When reading a few hackers, they immediately sold the bitcoin they had.
This makes the dump as much as possible. So before investing in bitcoin we should learn bitcoin knowledge, how to trade and how to hold or sell bitcoin in a timely manner to maximize profits.
mersal
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May 31, 2018, 04:22:31 PM
 #591

That is true that panic selling can be negative for the market but as for now the crypto market is recovering so I hope nobody is in a rush to get rid of their coins because that does not make sense in today's circumstances.
Yes when a investor is not in the panic stage the decision making is quite simple you can sell anytime because the values are stable so he cannot worry for that and also make easier decision.
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May 31, 2018, 04:30:21 PM
 #592

Yes, I agree with your point that panic selling is also contributing the dumb in some way. There are many reasons for price getting down or dump for crypto and the panic selling also is a real problem for this, people panic if they hear some false news about crypto without understanding and knowing whether it is correct or not do sell in panic. This should be avoided.
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May 31, 2018, 04:35:19 PM
 #593

That is true that panic selling can be negative for the market but as for now the crypto market is recovering so I hope nobody is in a rush to get rid of their coins because that does not make sense in today's circumstances.
Yes when a investor is not in the panic stage the decision making is quite simple you can sell anytime because the values are stable so he cannot worry for that and also make easier decision.

I think it differs on the situations and the perspective of the traders. We can't do anything if they panic sold but let's makeup and make a buy wall for their dumping so we can gain more coins and tokens. They are just afraid to lose more money and profit it isn't bad they just think that they make a good decision.
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June 01, 2018, 03:52:04 AM
 #594

Yes indeed when you sell out of panic, you are really contributing to the dump. This is one of the hardest skill or attribute which a crypto currency or a bitcoiner must have. The control of emotions which causes of panic is a hard thing to do especially your future is in the line. That is why people who are asking me if they can start bitcoin because they have the capital to invest were turn down by me. Because for me it is not only the capital or the money which is needed to start here but also the emotional capabilities or preparedness is also a must. 
Kuhaku2696
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June 01, 2018, 06:08:33 AM
 #595

yes that's right when I panic when selling I feel a loss, it's never happened to me when I just entered this world, I quickly sell when green, and now I am sorry
Dextroboy
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June 01, 2018, 06:24:13 AM
 #596

i think people know...
but there are some they sell their assets and wait for a cheaper price because of the fud effect

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June 01, 2018, 08:18:27 AM
 #597

I think that you are right when prices start to decrease at this time, many experience mixed feelings about the sale, but those who do not doubt they contribute to this
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June 01, 2018, 12:14:03 PM
 #598

Yes right. Thinking how the people react now in markets they are just following the trends and not even thinking what will the effect of it after they buy or sell. They are just thinking that if the value gets higher they will sell and if the value decreases more they will sell too and the only result of that is its either increase or decrease. They must know all of these so that they will not contribute in the going down of value after the market down a little bit.

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linh_thuy
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June 01, 2018, 12:23:00 PM
 #599

This is valid for any advantage with theoretical nearness. Any news or advancement, and more often than not a plunge for reasons unknown quickens the frenzy additionally compounding the droop. Also, in bitcoin absence of any administrative expert aggravates it since it can't draw any cash in or out of market to intercede the cost. In addition, the general doubt of open on cryptographic money influences them to act thusly. Along these lines, individuals need to build their edge to rate development of 30-40% in crypto which is significantly more at that point exchanging with value or subordinates.
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June 01, 2018, 12:43:23 PM
 #600

Yes right. Thinking how the people react now in markets they are just following the trends and not even thinking what will the effect of it after they buy or sell. They are just thinking that if the value gets higher they will sell and if the value decreases more they will sell too and the only result of that is its either increase or decrease. They must know all of these so that they will not contribute in the going down of value after the market down a little bit.
Certainly, panic selling contributes to dump but not actually the cause of dump. Those people who are easily affected by negative story about crypto is mainly the new to this field and that is why they will feel uncertainty and doubt and if they will not understands the trend anymore then they have no options but to sell.

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