Message to all people who panic when crypto price goes down!

[Gintron]

Why do you panic? Why?

IF YOU DO NOT SELL, YOU DO NOT LOSE ANYTHING! YOU LOSE THE MOMENT YOU SELL, after you purchased high and buy low. It does not matter what is the price ATM, the only thing which matters is what is the price when you decide to sell. So, to shield yourself from losing money, DONT sell under the price you bought it.

If you trust in crypto and believe it ll bounce back, WHAT THE FUCK IS THE PROBLEM AND WHY PANIC?

If you do not trust in crypto and you have doubts whether it ll bounce back, well, in that case you are in the wrong industry and you shouldn't have invested in crypto in the first place.

So knowing this, what is the problem again?

I think we should more listen to people like you who have more experience and have trained themselves to stay calm when hard times come.
No one of us had expect this but here we are. Where the majority of people see the end of crypto I see opportunity to buy more. When all the panic
people sell then there will be left only the true believers in btc and btc will then rise again.

[Ahimoth]

Why do you panic? Why?

IF YOU DO NOT SELL, YOU DO NOT LOSE ANYTHING! YOU LOSE THE MOMENT YOU SELL, after you purchased high and buy low. It does not matter what is the price ATM, the only thing which matters is what is the price when you decide to sell. So, to shield yourself from losing money, DONT sell under the price you bought it.

If you trust in crypto and believe it ll bounce back, WHAT THE FUCK IS THE PROBLEM AND WHY PANIC?

If you do not trust in crypto and you have doubts whether it ll bounce back, well, in that case you are in the wrong industry and you shouldn't have invested in crypto in the first place.

So knowing this, what is the problem again?

I agree with you,but why you open new thread with same topic instead of continuing the discussion here?  https://bitcointalk.org/index.php?topic=2885068.msg29647969#msg29647969

Also as I say yesterday I understand people who are in panic now,especially those who buy at high price.They only look at numbers and see that BTC is loses its value in fiat,and this is most important thing for most of them.If majority of users decide to not sell and hold, then price would not be what is it today.

This is something that we can associate with the human mind and the perception of reality,if you have strong public opinion that something is how it is presented, then even the biggest lie can become true.So now we are actually trying to stop the snowball that rolls at a high speed down the hill from the top of the hill,impossible...That snowball is panic and it will stop only when it comes to the bottom and breaks down.

Problem is that people do not understand how things work,and a large percentage of them very poorly understands english.

It may be a natural response to be bothered as the value of bitcoin goes down.  But if more people will lose the trust in cryptocurrency, the more it will go down. So if someone firmly believes in cryptocurrency, then just relax and see how things will go. If you lose the trust in cryptocurrency too quickly, there's a possibility you might regret it one day.

[LeGaulois]

Lesson learned for people who are considering cryptocurrencies as an investment. Listening to the mainstream media words by words. Instead to consider and to use cryptos as what it is supposed to be, without giving a sh*t to the cryptocurrencies purposes.

I too couldn't agree more with @crazyivan and @OmegaStarScream. Oh well, you know the adage: don't invest what you can't afford to loose.
Keep panicking as long as you want, people who really believe in cryptocurrencies know what to do

[sommii]

People don't panic. It's just about some people actually HAVING A BRAIN. Why would anyone with IQ higher than monkey's oone to hold BTC when it will go down to 0$ soon? It was just a toy for speculations, now this shiit will be worth a shit. Time for new, better cryptos, not old shits.

[anjaydut]

I really agree, now everyone is starting to panic
they buy at a high price, but due to this unclear panic, they are selling their current coins at the lowest price
they are not ready with this, they should have held it for longer
and now it is proven, who is weak hand and who is strong hand

[Jaya912]

Why do you panic? Why?

IF YOU DO NOT SELL, YOU DO NOT LOSE ANYTHING! YOU LOSE THE MOMENT YOU SELL, after you purchased high and buy low. It does not matter what is the price ATM, the only thing which matters is what is the price when you decide to sell. So, to shield yourself from losing money, DONT sell under the price you bought it.

If you trust in crypto and believe it ll bounce back, WHAT THE FUCK IS THE PROBLEM AND WHY PANIC?

If you do not trust in crypto and you have doubts whether it ll bounce back, well, in that case you are in the wrong industry and you shouldn't have invested in crypto in the first place.

So knowing this, what is the problem again?

good message to people who panic and make this price run. and not me
i am here so i am not panic at all. i am ready to loss with what i am investing. i dont want to be panic now i want just wait longer for the price goes up.

[datodota002]

Totally agree, for all the panic people who buy bitcoin at high price and sell it at low price. stop make market crash by doing that. if you still hold your coin the market won't crash more than this. bitcoin price have a lot of down at the first mont of this years stop make it more down. this time is discount time better buy it again than sell it, make your profit double by not selling at the low price.

[Karakyli]

I think that now is a very good opportunity for new investors to enter the crypto currency market. Of course, now you do not need to panic, a competent investor buys, when it's cheap, but sells when it's expensive. To sell is cheaper than the crypto currency was bought - this is not very reasonable from the economic point of view. I believe that it is necessary at least wait until the end of the Chinese New Year, wait for the spring. I believe that the price for the Crypto currency will stabilize and will increase in 2018.

[mOgliE]

Why do you panic? Why?

IF YOU DO NOT SELL, YOU DO NOT LOSE ANYTHING! YOU LOSE THE MOMENT YOU SELL, after you purchased high and buy low. It does not matter what is the price ATM, the only thing which matters is what is the price when you decide to sell. So, to shield yourself from losing money, DONT sell under the price you bought it.

If you trust in crypto and believe it ll bounce back, WHAT THE FUCK IS THE PROBLEM AND WHY PANIC?

If you do not trust in crypto and you have doubts whether it ll bounce back, well, in that case you are in the wrong industry and you shouldn't have invested in crypto in the first place.

So knowing this, what is the problem again?

This. This is exactly what I should answer everytime people are asking if they should sell to avoid "losing more money".

It makes no sense to me to sell when you are sure to make a loss. I can't understand, especially when dealing with BITCOIN. This currency won't disappear in the blink of an eye. It is not a small altcoin only used on a single webste. It is the historical concept. The very begining of the community.

Thank you for this post.

[fishball]

Why do you panic? Why?

IF YOU DO NOT SELL, YOU DO NOT LOSE ANYTHING! YOU LOSE THE MOMENT YOU SELL, after you purchased high and buy low. It does not matter what is the price ATM, the only thing which matters is what is the price when you decide to sell. So, to shield yourself from losing money, DONT sell under the price you bought it.

If you trust in crypto and believe it ll bounce back, WHAT THE FUCK IS THE PROBLEM AND WHY PANIC?

If you do not trust in crypto and you have doubts whether it ll bounce back, well, in that case you are in the wrong industry and you shouldn't have invested in crypto in the first place.

So knowing this, what is the problem again?

Sometimes people here tend to think that buying or getting involve in bitcoin or any cryptocurrency is gambling. It is a bit of a gble in way that you should take the risk of when to sell your bitcoin because it does not have a fixed value on it. It is still better to sell and get lower value other than getting zero.

[adriaymati58]

I trust crypto and I believe in its droppings and going ups. Right now the right thing to do is wait. Wait and hold

[Maryverycool]

Many people buy the COINS, not because they believe the currency, even they do not know the COINS, they are holding the currency because they saw many COINS people earn a lot of money, they think that as long as holding the currency will become rich, no thought of the risks
So when the price of bitcoin goes down, they don't see the hope of making a profit, their principal is shrinking, they're panicking, they want to sell bitcoin to reduce their losses.

[spngebob]

) nice said, It is a bit wrong, but yeah, if you do not trust crypto - what are you doing here!?!?
But about the investing and not losing until you sell... - you are wrong.
You will lose even more if you do not sell and it crashes to 0...

Panic sells are making price to go down. Why market is crashing? Because people are selling. So if no one do panic sell price won't go down.

The question is why you got in when it was that high and if you did and now you panic, you deserve to lose your money, as you have trowed them away the moment you buy something you have no idea what it is and what is happening with it...

People are greedy, they've heard bitcoin will go to moon and they've bought very expensive rocket ticket. Stupid in my opinion because crypto wasn't created for people who only see profit. Those people probably never invested in stock market so why crypto? Because they saw it as a EASY money.

Never invest in something you do not understand...

I agree. What is your bottom target?

[mmhaimhai]

Lots of people choose to engaged in the cryptocurrency because they had witness lots of people who made decent profit from it and they want to be like them so they decided to invest even their savings which allotted to a near expenses coming without knowing the risk they enter so once they see prices are going down then they panic and sell to avoid losing all their invested amount.

[Dontme]

We can't avoid panicked, especially to those who buy around $15,000-$18,500 this is big lose now. Yes we don't sell but we can't avoid the fact that we feel so disappointed sometimes, like it feels like where in the big depression and nightmares every night. We can't avoid if. But Yes! We do Hodl! This is what we only need and no natter what we can't do anything about the great dumped now, just Hodl.

[Digitalbitcoin]

Hey Folks,

I am bit more fascinated about cryptocurrency and in the means time I get information of formulation of cryptocurrencies. Its basically production of tokens done with any of algorithm with PoW/PoS of cryptography with blockchain. I dive little more and got information that Cryptocurrencies are combination of blockchain and cryptography, which are based on quantum physics and electronics.

Now if we see deeply, blockchain is a real innovation with decentralized and open ledger platform. Implementation of blockchain technology will really bring revolution in humans living by offering more decentralized, scalable, transparent and open source business solutions for everyone.

And my honest suggestion is spend time to learn what is bitcoin rather that investing on bitcoins, because knowledge is the power.

Many services as economics and finance already on the way of decentralization along with this advertising, content delivery, social media and few other platforms are also created their own existence, importance and value stand alone in crypto market.

So considering these facts if we look towards future then, price of Bitcoin will be at sky height as this is the first and only cryptocurrency which is also know as master or prime cryptocurrency. And many new ideas will born.

[ben-iyieke]

A lot of people bought crypto without knowing exactly what it was. I convinced my friends to get Bitcoin. they did, but they had no idea what it is. I think a lot of people are doing just that. They've bought in without knowing what they are buying and now those same people are exiting. we know that life is all about taking risk, but for this crypto price no cause for alarm.

[LegendX]

I learnt to not panic when crypto goes down. Having patience is much more better in time like these

[HasHe]

Yes.You are right.Either if they believe in cryptos,they should be here or if they don't trust they should not invest in cryptos.But what is the disturbing thing is most of the crypto investors are just half boiled.they know only a little about cryptos and with their known little knowledge,they do assumptions by their own and get panic resulting selling their coins much lesser than the purchasing price.

[Jessy Mediola]

Why do you panic? Why?

IF YOU DO NOT SELL, YOU DO NOT LOSE ANYTHING! YOU LOSE THE MOMENT YOU SELL, after you purchased high and buy low. It does not matter what is the price ATM, the only thing which matters is what is the price when you decide to sell. So, to shield yourself from losing money, DONT sell under the price you bought it.

If you trust in crypto and believe it ll bounce back, WHAT THE FUCK IS THE PROBLEM AND WHY PANIC?

If you do not trust in crypto and you have doubts whether it ll bounce back, well, in that case you are in the wrong industry and you shouldn't have invested in crypto in the first place.

So knowing this, what is the problem again?

Yes, we all afraid to get loss on our account it only means that we should trust more in bitcoin so that the bad things might happen will be contrast into a positive one. And also, when you enter the business world you need to expect loss and risk that you may encounter anytime. And aside from it since the bitcoin is volatile the value is not always in minimum but it will rise up again. And those loss will not be loss anymore. Trust bitcoin, trust yourself.