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Author Topic: Why we need price crashes and panic selloffs  (Read 1017 times)
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February 12, 2018, 01:36:39 AM
 #21

We will see such crashes in bitcoin because bitcoin appreciated so much in so little time so it would be healthy to see some correction. Also, there will be traders would be love to lock in some profits. It's totally normal in crypto universe.

It’s normal and healthy to have some correction and I think a lot have expected for there to be a correction since the price got really high last money in just a very short period of time.

Yes it's pretty normal that we need some correction. So New comers will come and buy bitcoin at this price don't worry about the price dip but look it further it's future price. Bitcoin crashes is part of the Fuds spreading online.

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February 12, 2018, 03:36:21 AM
 #22

These were all about people does not contented the total benefits from bitcoin, but I am pretty much sure that the management of all cryptocurrencies are doing their best to make the operations will done in a good movement and balancing system. We cannot blame if price going down or going up, those people are complaining their losses are already got benifits and income from bitcoin. In business, we learn to accept several losses, because if we compare the equivalent between losses and profits the equal results are more higher on profits compared on your capital being lost.

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February 12, 2018, 03:56:58 AM
 #23

This is just a thought that occurred to me while reading some posts around here, feel free to discuss it or even criticize it. So if we want Bitcoin to rise in the future, we need it to crash first and many wannabe traders to sell off their coins at a loss when the price is low. If people don't close their positions in panic now and just wait out bad times, they simply won't let prices grow later because they will get out whenever the price rises just enough for them. But if they fix their losses, they will no longer have bitcoins to record minor profits and thus drag the price down in the future. As a consequence, the price can surge higher without a lot of selling pressure at bigger figures when the hype and buying frenzy begins anew.

The bottom line is that it is kinda required for Bitcoin to crash occasionally for the prices to rise higher eventually.
U[s and downs with regard to its prices is a normal occurrence with bitcoin based on the previous years. A lot are taking the opportunity of its downfall to buy because prices are low and they would expect to profit from it later on.

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February 12, 2018, 04:05:39 AM
 #24

      Most of us are quite happy if the price crashes because it is the right time and a chance to buy more and keep it for a long time. But it is considered as a panic selling for those who had fear that price will not go back to higher again. What happen is normal ,if there is a panic selling,the buyer and investors also panic buying at a lower price and when the supply  running out then the demand increasing,this is the time that price will go back to increase and give value to a certain products or coins.

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February 12, 2018, 05:33:20 AM
 #25

This is just a thought that occurred to me while reading some posts around here, feel free to discuss it or even criticize it. So if we want Bitcoin to rise in the future, we need it to crash first and many wannabe traders to sell off their coins at a loss when the price is low. If people don't close their positions in panic now and just wait out bad times, they simply won't let prices grow later because they will get out whenever the price rises just enough for them. But if they fix their losses, they will no longer have bitcoins to record minor profits and thus drag the price down in the future. As a consequence, the price can surge higher without a lot of selling pressure at bigger figures when the hype and buying frenzy begins anew.

The bottom line is that it is kinda required for Bitcoin to crash occasionally for the prices to rise higher eventually.

Well if you really are a big holder of BTC then you may find your self in dizzy or fell the pressure when dip happens. When many traders do hold and have faith in BTC but sometimes when they see the  big crashes sometimes panic more favorable decision for them. I agree the fact that when crashes happen it may be beneficial and make the market more healthier.

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February 12, 2018, 06:06:41 AM
 #26

Are you blaming the crash on newbies? The bigger issue are the people who control and are better able to manipulate Bitcoin. Assuming there are such entities, which I think there are. These are the people that dictate things.

Read the post properly, and you'll understand what OP is talking about. To cut a long story short, weak hands need to liquidate their positions (preferably below the point they got in) to allow the market to grow further afterwards, and for that to happen we need crashes and corrections every now and then. In other words, whether a crash has been initiated artificially, or due to the market being overbought, it is a very healthy occurrence helping the market forward in the long run. This way, the bottom after each next crash will always be higher than the previous bottom, and this trend is something we have experienced consistently throughout the years. Great and spot on observation by OP.

It's a case of there always needing to be a fresh supply of people who are willing to buy at a higher price and less people who are willing to sell at a higher price. If we still had the majority of people who got in to bitcoin at under 1 cent then they would almost certainly be willing to sell at the current price, at least a large portion of their holding. We need those bitcoin to be moved to someone who is willing to pay a higher price and will want more before they sell.

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February 12, 2018, 06:14:19 AM
 #27

This crypto world is like every man for themselves.

What I mean is that OP you're looking at it on how it will best benefit you, and in a way dismissing those who sell at a loss. They certainly do not want to sell at a loss.

I guess what I'm saying is that if you had the power to affect the market, and ran a scenario that made people sell at a loss, in a sense it's like breaking into somebody else house and taking their money. When somebody breaks into another person's house, since people value their life, they shouldn't be surprise if the home owner shoot them dead.
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February 12, 2018, 06:41:01 AM
Last edit: February 12, 2018, 06:52:36 AM by Carmen01
 #28

There's no need to crash btc price because the price are base on users,traders and investors if they still sell their coins in high or the investors invest big then the price continue to grow,we can see the price in different exchanger like binance that the price of many coins drop down and go high,the more popular crypto become the price of digital currency go high also and for me crypto create for a good transaction with our own online wallet so if this will continue to grow and all country acknowledge crypto already then the price will go really high in that time.

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February 12, 2018, 06:46:43 AM
 #29

Who would actually love to see price crashes if you are investing on cryptos? It's only the people who love to invest needs price crashes so they can buy cryptocurrencies at a lower price. And who needs panic selloffs by the way? It's only those who want to buy needs a panic selloffs so that they can buy cryptos at a very low price.

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February 12, 2018, 08:57:23 AM
 #30

We need it for correction and to give chance for others to get it cheaper but I think we have too much right now. It's becoming unhealthy and it should stabilize or else, we are either going back to the start or resume this revolution on the next few years.
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February 12, 2018, 09:30:11 AM
 #31

Agree on principle, but that's just the principle of the market. If you don't have makers, you don't have takers. If you don't have sellers, you don't have buyers. It's actually as simple as that. And yes, by virtue of choice, people can have "strong hands" and "weak hands" but I feel it's a disservice to use these labels so easily. We can't do without the "weak hands", we know this. And we won't have a market if we all held. Look at stronghand coin as a matter of joking reference and we have super thin orderbooks with nowhere in sight.

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February 12, 2018, 12:07:45 PM
 #32

I agree that after a certain price corrections, a price pump follows next. That it the effect of price dump, this is due to people who panic sell their coins and when the market started to recover demand for btc will increase that makes the price go up.
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February 12, 2018, 12:16:30 PM
 #33

This is just a thought that occurred to me while reading some posts around here, feel free to discuss it or even criticize it. So if we want Bitcoin to rise in the future, we need it to crash first and many wannabe traders to sell off their coins at a loss when the price is low. If people don't close their positions in panic now and just wait out bad times, they simply won't let prices grow later because they will get out whenever the price rises just enough for them. But if they fix their losses, they will no longer have bitcoins to record minor profits and thus drag the price down in the future. As a consequence, the price can surge higher without a lot of selling pressure at bigger figures when the hype and buying frenzy begins anew.

The bottom line is that it is kinda required for Bitcoin to crash occasionally for the prices to rise higher eventually.

You are referring to weak hands. You have your point, market crashes shakes off weak hands and empatient hodlers and traders. However, if bitcoin price will go up in the future, it is inevitable for someone to sell during the peak. Even some good traders and good holders will even sell when price recovers.
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February 12, 2018, 12:24:04 PM
 #34

To my opinion price dumps and crashes are normal but panic selling isn't. I always think that by now people should have already learned how Bitcoin and cryptocurrencies market is functioning and what are the basic rules and according to that also adjust their behaviour.
But the same story is repeating over and over again and doesn't help but only makes things worse.

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February 12, 2018, 02:23:30 PM
 #35

This is just a thought that occurred to me while reading some posts around here, feel free to discuss it or even criticize it. So if we want Bitcoin to rise in the future, we need it to crash first and many wannabe traders to sell off their coins at a loss when the price is low. If people don't close their positions in panic now and just wait out bad times, they simply won't let prices grow later because they will get out whenever the price rises just enough for them. But if they fix their losses, they will no longer have bitcoins to record minor profits and thus drag the price down in the future. As a consequence, the price can surge higher without a lot of selling pressure at bigger figures when the hype and buying frenzy begins anew.

The bottom line is that it is kinda required for Bitcoin to crash occasionally for the prices to rise higher eventually.

Of course, this is so. Not only does bitkoyin need a crash, but altcoyins too. There can not be constant growth, and there must be a drop, although it is very difficult to foresee and know exactly when there will be fluctuations in the market, as the crypto-currency market is relatively young.

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February 12, 2018, 02:51:40 PM
 #36

This is just a thought that occurred to me while reading some posts around here, feel free to discuss it or even criticize it. So if we want Bitcoin to rise in the future, we need it to crash first and many wannabe traders to sell off their coins at a loss when the price is low. If people don't close their positions in panic now and just wait out bad times, they simply won't let prices grow later because they will get out whenever the price rises just enough for them. But if they fix their losses, they will no longer have bitcoins to record minor profits and thus drag the price down in the future. As a consequence, the price can surge higher without a lot of selling pressure at bigger figures when the hype and buying frenzy begins anew.

The bottom line is that it is kinda required for Bitcoin to crash occasionally for the prices to rise higher eventually.

These crashes occurs because the market is immature and there is plenty of money coming into crypto from the regular joe on the street that would not even consider investing, for example, in high tech publicly traded companies.

So, yes there are necessary and they are welcome. I don´t particularly like to see my portfolio loose so much value in a week, but if that´s what´s needed... so be it.
if you dont want to see loose in your portfolio so meaning you had sell all your coins when the dip last week when the market is filled with blood and no ones seeing a green?lol  op has a great sight on the issues and such a brightful mind to see that logic.salute on this one OP

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February 12, 2018, 02:54:06 PM
 #37

You got a point, and is true. Everytime the support lines are at a higher value so this is why we can say Bitcoin grows, but definitely it needs to crash to be lifted.
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February 12, 2018, 02:59:12 PM
 #38



Maybe.  And it will give more opportunities to people who have a little money to buy and invest with bitcoin.  When bitcoin price goes down, it will help bitcoin to be bought by many people.  And when many bought it, its price will definitely goes up.  I agree that bitcoin price falling is needed.
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February 12, 2018, 03:04:09 PM
 #39

This is just a thought that occurred to me while reading some posts around here, feel free to discuss it or even criticize it. So if we want Bitcoin to rise in the future, we need it to crash first and many wannabe traders to sell off their coins at a loss when the price is low. If people don't close their positions in panic now and just wait out bad times, they simply won't let prices grow later because they will get out whenever the price rises just enough for them. But if they fix their losses, they will no longer have bitcoins to record minor profits and thus drag the price down in the future. As a consequence, the price can surge higher without a lot of selling pressure at bigger figures when the hype and buying frenzy begins anew.

The bottom line is that it is kinda required for Bitcoin to crash occasionally for the prices to rise higher eventually.
You should expect and having these price corrections do signifies a healthy market which i do really love to see on these kind of market where there is really a price correction because if we do talk only on moving up prices it do signifies a manipulated type of market which isnt really good for any investors or people who do engage with it. Everything would really settle down and as a wise investor or trader we should really know on how to ride the waves.

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orions.belt19
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February 12, 2018, 03:28:37 PM
 #40

Actually even if we don't need it, it will always come around and that is only natural because cryptocurrency works like stocks that there are certain period or time that market crashes because demand will not always be high and besides change is inevitable whether the price will go pump or dump.

A crash won't always happen - not like how corrections or price drops normally come around. Cryptocurrency is very much different from stocks however in the same way they are similar as to how demand affects their price.

Price crashes only come when there a huge dump is made or when many sold their coins. When negative news or FUDs come about, people choose to sell because of their fear and this makes the price go down drastically. Most traders take advantage of these price crashes and are able to buy coins at a low price when this happens. This is what OP may have been trying to point out as a need.
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