Tapyaks72
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February 12, 2018, 01:51:35 PM |
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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.
Yeah patience is a virtue that would lead to success time like this will always pass by, in forcasting you should always considered the previous years price tracking for almost 3 years the tracking is almost identical. So there is no reason to panic and not advisable to sell your BTC at lower price than you bought it. That is a suicidal move.
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ccabz
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February 12, 2018, 01:57:31 PM |
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I really appreciate all the messages. This will really help us (newbies) boost our confidence and keep in mind that everything is gonna be alright! Thanks. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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joebrook
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February 12, 2018, 02:39:57 PM |
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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's always when you sell your bitcoins that you will know whether you have made or lost money but some people are so impatient that when it begins to dip even slightly they run off to sell.
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severaldetails
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February 12, 2018, 02:40:16 PM |
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It would be interesting to think about what would happen if nobody panics. Would the price go on and on? Or would the dips just take longer because they are carefully thought through selling actions? Or would the dips be not as intense and the ups not as high because everybody has a reasonable price for bitcoin in mind?
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ninabobo
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February 12, 2018, 02:58:15 PM |
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Yes, I agree. but not for beginners who buy bitcoin from the highest score. there was a lot of panic on yesterday. no one will know the market will go down and slip. the problem is, beginners who invest in bitcoin do not have much knowledge and experience. I think this is the basic problem,
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jzone23
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February 12, 2018, 04:05:40 PM |
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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!
I'm not that expert nor veteran type of enthusiast when it comes to crypto, ut been more than a year risking and earning though. I am also not one of those people who panic sell everytime crypto falls (but I've been - when I am a newbie) and I understand people who do panic sell and want to give reason why; (1) Volatility is given a hundred dollar value today might be zero value tomorrow, isn't this something to scare about? (yeah people who have no guts to risk shall not enter this kind of trade but they re still people who wanna seize every opportunity to improve lives financially) (2) Some of us risk almost all we have, not just an amount we afford to lose for the chance to be a hundred fold more intention, but if keep hodl and fall continue it would mean hunger for a mont so they move fast and recover anything left than lose everything (which is possible) (3) Not all times, hodling had been a good move just look how many alts already delisted in exchange and die. Note: I have no one against with just saying my own opinion being understanding to panic selling. I not sure if all of us here had been one of them before, but I'm sure most of us did.
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Destroyeroff98
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February 12, 2018, 04:13:51 PM |
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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!
I agree that you do not need to sell the crypto currency at the price for which you bought it. Especially since the price fell within a short period of time.
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makolz26
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February 12, 2018, 04:42:39 PM |
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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!
I agree that you do not need to sell the crypto currency at the price for which you bought it. Especially since the price fell within a short period of time. Well, for all those who are afraid just continue to be afraid whenever you are seeing that the price is going down, and regret afterwards when the price goes up, and then just continue what you are doing by making a panic selling all the time because that will make you rich and would change your life, so just keep it up if you don't want change.
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Geemy
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February 12, 2018, 07:46:03 PM |
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The message is to keep all your digital currency and do not sell because the first sale will not earn what you want from the profit and will also lead to a fall in the price of the currency
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swogerino
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February 12, 2018, 07:54:37 PM |
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New people in the crypto area tend to panic and start selling their crypto. The problem with these people is that they don't know the fundamentals backing crypto and mainly bitcoin. They think it is just an internet thing and confuse it with "thedotcom" bubble. This is why the whales are always making money from these people. Whales sell their coins from 18.000 to 5900 dollars and many of the people who panicked did sell their coins. What whales are doing, is buying them back for a really low price of 5900 dollars and up. This cannot be changed unfortunately as there will always be people who will panic. This message is a good reminder.
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v0rtecxz
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February 12, 2018, 07:56:55 PM |
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there may be pressures that make them sell when prices are down, their lack of experience in trading or investing in crypto, of course it would be very easy to be affected by news related to crypto decline that caused them to panic by selling their crypto in order to prevent losses which is increasing, of course it is not a bad thing, but sometimes we have to be careful to see how the market goes, we should be able to take advantage of the situation as well as possible, rising and falling bitcoin prices is a normal thing and that is where we can get profit
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daarul50
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February 12, 2018, 07:58:42 PM |
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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!
This dramatically reduced price of bitcoin is an important lesson for people experiencing panic in bitcoin investments. It seems that those who are experiencing the panic have not really understood the fluctuations and risks of bitcoin investment. The world of crypto has a price movement that is different from other digital assets such as the stock market. It is what keeps people interested in cryptocurrency as an investment choice. This message can help beginners decide what they will do to the crypto they have.
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LeonardoDiCrypto
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February 12, 2018, 07:58:57 PM |
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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. Wow man, 60 times is really a lot. I saw it happen just a few times from 2014 when I have discovered cryptos but I am already starting to realize the same.
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Washball
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February 12, 2018, 08:08:15 PM |
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That's right, why panic and sell if you only lose if you bought your crypto for a higher price. You must have been really scared, if you sell and even lose. If these people who sold for a price around 6-7K, had only holed, they would not have lost as the price is already increasing again. So, just keep the faith and hodl.
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Triple
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February 12, 2018, 08:21:19 PM |
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People are freaking out because most have never experienced this type of drop before. I mean it dropped 50% in value (along with most alt-coins) so obviously people would be panicked. I agree with you though, BTC has been consistent so far in gaining back all the value that its lost so all the losses that people take are paper losses until they sell. It's still going to be hard to convenience the massive amounts of people that bought in and are not used to the fluctuations though.
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marcuslong
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February 12, 2018, 08:41:28 PM |
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It would be interesting to think about what would happen if nobody panics. Would the price go on and on? Or would the dips just take longer because they are carefully thought through selling actions? Or would the dips be not as intense and the ups not as high because everybody has a reasonable price for bitcoin in mind?
I think more people now had their own deep reasons why the up of the price recently stabilized, that's why its slowly rising and fluctuates at minimal point. My advise to those people who had panicked for a few days in January is to hold their assets and avoid listening to fake news and FUD so that it may not give them stressful days. Sometimes too much being exposed to public can lead us to negative emotions, which can results us to emotional problems and your decisions can be affected in such ways. As we face our daily activities with cryptocurrency just think about the future profit that may come to us prior deciding of dumping your holdings in a quick glance.
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lillyann
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February 12, 2018, 08:48:56 PM |
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This is the reason for the inheritance. The South Korean government will ban digital currency trading through stock exchanges. It is one of the largest "virtual" money markets in the world. At the end of December, the Reuters agency reported that South Korea would ban the opening of anonymous accounts on cryptocurrency exchanges, and in exceptional cases it would be able to close them.
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jake zyrus
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February 12, 2018, 10:08:46 PM |
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Thanks for optimistic review ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Sometimes things like this are very helpful We need to be optimistic in bitcoin to rise again and soon we make high profit for our future. We know that value of bitcoin is unstable all we is dont panic, just hold our bitcoin and wait to rise again.
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promosn
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February 12, 2018, 10:11:53 PM |
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just sell your bitcoin i will buy them ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) HEY COME ON WE NEED SELLERS that other can buy low ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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copypaper5
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February 12, 2018, 10:22:49 PM |
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this is a good opportunity for bitcoin actors to invest, let alone a lot of panicked people hear the price will go down. this is our chance to buy as much as possible and after that a bit survive to wait for the price back high.
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