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

[matthewtherry]

In September a CEO from a big bank in the United States declared some bad things about bitcoin. Next day many people began to sell and guess who bought bitcoin at a lower price? Yep...the CEO from that bank

[MCVXYZ]

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 said the same and totally agree with you,But do you know what is the problem? People buy cryptos because they want to earn a lot of money just in a few weeks and they don't trust in blockchain,Only one thing is surprised,why they don't understand that this is a new,revolutionary technology when everyone ,even goverments or welfare funds(UNICEF for example,they create project known as Gamer Chaingers which will help poor kids by using cryptocurrencies) use it for their social,state interests and it have public function too,its unclear and egoistic what they do but its reality,I hope they will have enaugh experience after market recovers...

[crazyivan]

Ok, after a few days of panic and consequent dumping, I hope you newbies now understand how this market works.

CRYPTO ALWAYS RECOVERS so screaming how BTC s dead helps nobody. It makes even more panic and FUD so DO NOT DO THAT NEXT TIME.

Learn to be patient and take advantage of these dumps. Sell at the top, buy when prices are down.

I sincerely hope not many of you sold.

[iyanfoursix46]

Those who panic will soon sell their coins with low sell orders because they want to quickly get the money before the price goes down. I also advise everyone to take this dump as an excuse to stop checking prices every 5 minutes, it's not healthy.

[AjithBtc]

As Op stated whoever sells when thinking of the drop in price losses their profit. Because most users who sell in such a mentality is the newbies and the people who haven't experienced such a kind of price fluctuations in the past. Patience is a must to overcome any sort of situation prevailing in the cryptocurrency network as each and every move is uncertain.

[gurunanakji777]

I do agree with your words. Only those people are panicking who are here to get rich quickly. I would say crypto is not for those who want quick money sometime you need more patience for your trades to be in profit. Those who are impatient they should look for another industry its not their cup of tea. Even I never doubted crypto currencies I know it will bounce back with more aggressiveness.

[trickyriky]

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?

EDIT: This post was created on February 6, 2018 when BTC price reached $5920. After a few days, it recovered to $8k. Will keep this ledger so people know Bitcoin ALWAYS recovers!

Thank you for this message and for this support, man! Some of us really need it very much. I am an optmist and believe that the market will go up.

[crazyivan]

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?

EDIT: This post was created on February 6, 2018 when BTC price reached $5920. After a few days, it recovered to $8k. Will keep this ledger so people know Bitcoin ALWAYS recovers!

Thank you for this message and for this support, man! Some of us really need it very much. I am an optmist and believe that the market will go up.

Once more, I ve seen this happen almost 60 times. FUCKING 60 times.

Every time new users scream, cry and lose money. You need to have trust into crypto and patience. Once you survive your first or second dump without selling and without a loss, you simply do not care anymore.
Panic is you enemy, whenever there re red candles, simply move away from crypto for a few days, dont check the price, dont read the news. Once you get back, you ll again be in the green and you can move on.

[Kotone]

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?

EDIT: This post was created on February 6, 2018 when BTC price reached $5920. After a few days, it recovered to $8k. Will keep this ledger so people know Bitcoin ALWAYS recovers!

Its normal for people to panic once things start to go down the drain. Even in cryptocurrency where they might have gained a ton of profit from it they would start to panic once their comfort level goes down and then they become unsure of what they would further do. Cryptocurrency is a volatile stock but it is resilient and once it goes up it can reach values unheard of

[casternetwork]

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?

EDIT: This post was created on February 6, 2018 when BTC price reached $5920. After a few days, it recovered to $8k. Will keep this ledger so people know Bitcoin ALWAYS recovers!

Crypto's prices are going down dramatically, and these are bad for investors, as they invest heavily in Bitcoin and it is feared for them to restore Bitcoin prices. After it is swift but not as high as it is, it only fluctuates in small increments, the supply of Bitcoin is increasing. I think it will be sudden for Bitcoin to rebound.

[LuffyD.Monkey]

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?

What you are saying is true , if you trust in cryptocurrency then what ever rate you have bought it dont get afraid as you will see your buying price, only thing is that you have to wait but you will get your price and if you can buy some more on lower price so that your average buying price will go up.

I believe this is not about how someone earned or how someone used their strategies to sell at high or buy at low. Actually the main objective of not being a panic seller or buyer is to trust your coin. There must have a proper research on whatever coin you are going to invest in, the goods and bad and the nature. How they go up and how they behave when going down, so no need to panic.

[ariscan]

in my opinion you better hold your coin. do not sell your coin too quickly when the price of crypto goes down. be patient because the price in the exchange market in bitcoin will surely rise and do not panic too. pray that crypto prices will stabilize again.

[Crystacool]

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?

EDIT: This post was created on February 6, 2018 when BTC price reached $5920. After a few days, it recovered to $8k. Will keep this ledger so people know Bitcoin ALWAYS recovers!

You guessed it, and now the price of bitcoin is back to $8,000, which is exciting, and now that bitcoin has stopped falling, it's recovering, and that's great.
I'm glad I didn't sell my bitcoin. I chose to hold it patiently and wait for it to return to normal.
I think bitcoin will return to $10,000 in February, and in the next three months, it will return to $20,000, which I think is absolutely right, and let's wait for the results.

[Wall-ET]

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?

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...
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...


In other news: the price will be going down for few months to come, at least, so maybe it is a good idea to think how you can benefit from all this movement.
But again be careful and DO YOUR HOMEWORK!!
NEVER INVEST MORE THEN YOU CAN LOSE!!!
Never invest in something you do not understand...
and so on

Good luck and happy to see my expectation of downtrend in jan 2018 was correct...

Let's see if / when it will hit my target for bottom...

What are you talking about? If BTC crashes to 0? In my mind, THIS IS NOT POSSIBLE. Ever.

If you really even contemplate the possibility of BTC being 0 one day, well, I can guarantee you re in the wrong industry. You know who rambles about BTC going to 0. Roubini and similar so called expert who have never turned on PC in their lives, not to mention understanding crypto mechanics.

Have some faith my friend, this is a beautiful new industry in its infant stage but it WILL prevail. I have been in crypto since 2012 and I know a think or two about crypto. Crypto will continue to grow, we ll have these red periods from time to time but it will continue growing and developing.

0 is not an option.

I feel sad for you!
You are doing something that you do not understand and it will hurt you a lot one day!

Just to give you example: Tulips => they are different then stocks or Crypto, but can show you what I mean.

They where expensive and never hit 0 (they still exist) Yet people who did not sell when they where crashing have lost a fortune, as they are cheap now.
Same happens to GM and Lehman Brothers.

They where big and nobody believed they will crash, yet they cost 0 now.

So yeah things that have big fail too!

If you invest and not gamble, then you should know that and never keep something that is dyeing, thinking it will go up, as it did in the past...

As I told you do not merry your positions (crypto,stocks,commodities) or you risk loosing a lot more then people who panic...

Do your research and be careful!

[darkywis]

Exactly. The main goal here is to hold and sell when you gain profit not to buy high and sell it when it falls. This means that they are not suitable for this kind of investment. You can cut your losses if you can afford to gain it back in time.

[macchiato]

The decrease of price in bitcoin has greatly affected other cryptocoins. This occurence led people to panic sell which in return gave them nothing but losses. Long term investors know that coins take time to boost in price and amidst events like this, patience is the only tool. Bitcoin will recover, and I believe that it will, and together with its recovery is the rise of price of other altcoins! Let us hold and wait.

[Kelvinid]

The decrease of price in bitcoin has greatly affected other cryptocoins. This occurence led people to panic sell which in return gave them nothing but losses. Long term investors know that coins take time to boost in price and amidst events like this, patience is the only tool. Bitcoin will recover, and I believe that it will, and together with its recovery is the rise of price of other altcoins! Let us hold and wait.

Right.Not only bitcoin had been affected by this dips but also some good altcoins.In times like this,yes patience is the best key to avoid losses and just focus on your goal to make good profits.So i suggest to invest only in cryptos what you can afford to save and hold so you won't get panic if prices go down in a sudden.Studying the previous price charts would also a big help in making decisions in tough situations like this.

[lhea056]

Honestly speaking i am not really good at trading but people around me always advice me not to panic because panicking will make you lose profit and income and also these people called them as weak hands who just sell away their coins drop the price  . Just a piece of advice dont panic just stay calm wait for the updates , news or just sit back and relax wait for the final dip because at the end the coin will pump once there is something good to happen , panicking won't do good but it will cut your capital instead of earning  just watch and wait .

[zngit]

People whom easily panic can easily affected with bad moods. Those people struggling almost every hour, couldn't sleep at night thinking bitcoin price drown. You're right why panic.? The matter is what the price when you decide to sell. This is the main point I think.

[Xester]

The decrease of price in bitcoin has greatly affected other cryptocoins. This occurence led people to panic sell which in return gave them nothing but losses. Long term investors know that coins take time to boost in price and amidst events like this, patience is the only tool. Bitcoin will recover, and I believe that it will, and together with its recovery is the rise of price of other altcoins! Let us hold and wait.

When my boyfriend got mad at me because I encouraged him to invest in bitcoin, he panicked.  He was in the moment of selling his bitcoins and really wishes to not invest in it.  I told him that bitcoin is like that and it was part of it.  The dump was caused by people who panicked and sold their bitcoins.  I will just hold my bitcoin till it come back to a high price.