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Author Topic: While you are panicking....  (Read 1248 times)
richjohn
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March 10, 2018, 05:19:52 PM
 #61

It is normal human nature to panic whenever a steep fall comes in the cryptocurrency market. Everyone starts to get negative and begins cashing out to extract the most out of the fall.
Now that we have witnessed so many similar steep falls, the situation is no longer as panicky as it used to be before. People have started to understand the cryptocurrency market way better now.
Pasaway2701
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March 10, 2018, 05:23:44 PM
 #62

Totally agree with you. In the market, you need to act in concert with the big players, sell when they sell and buy when they buy. Then you are more likely not to lose your money and always be with profit.
It is about creating money from your money, you have to go with the flow in the market and anlayze the price pump and dumps and make sure you just risk the money that you are afford to lose. Market trading is risky but you can get instant profit when have enough value to earn. Panicking is not good attitude, practice to control emotion and find things where can put more attention that watching for the unstable market chart.

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tikaka
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March 10, 2018, 05:29:29 PM
 #63

I'm not too surprised to see a decrease in bitcoin value. I think that's a normal thing. And I also find it a good opportunity for me to buy. I want to invest in it for a long time. I believe that Bitcoin will quickly recover

Mikado$
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March 10, 2018, 05:29:36 PM
 #64

panic is always the thought of newcomers entering the cryptocurrency market. Try to be calm and steady in thought, to acknowledge and learn from the people here about holding advice. It is a good thing to overcome that panic.
Palider
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March 10, 2018, 06:01:15 PM
 #65

While you are panicking over the decline in the price of bitcoin, the largest bitcoin holders will have an even more volume of bitcoins because of the panickers

Well panicking is the most bad decision though it can lead to different ways , panicking causes the marketplace to volatile and determined the price of bitcoin. I suggest to all though to stop the panicking because it can decrease or leads to dumping the bitcoin.
Kildin11
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March 10, 2018, 06:06:23 PM
 #66

How else? The market does not stop falling and it is not clear when it will end. Many countries limit crypto-currencies, interest in bitcoin has fallen three-fold! And how here not to panic?
Tatzky
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March 10, 2018, 06:44:11 PM
 #67

Yes, you are right their, risks taker take more risks when people panic like this and take the opportunity to build and earn some BTC, like a thief finding its way to grab things while everyone is running to a safe place during an unwanted incident.

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jpespa
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March 10, 2018, 06:55:12 PM
 #68

It is an opportunity for large investors because small timers with weak hands sell their bitcoin because they panic now rich people buy it instead and keep it. If you are serious with bitcoin you should not be scared about the rise and fall of the price of bitcoin because it is natural to happen.

yoseph
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March 10, 2018, 07:14:13 PM
 #69

While you are panicking over the decline in the price of bitcoin, the largest bitcoin holders will have an even more volume of bitcoins because of the panickers
I am sure that's why most people create FUD, which makes the panickers sell their bitcoins at very low prices and other buy it and see their purchases get profits within a space of a month or two.
crypto_mastermind219
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March 10, 2018, 07:22:41 PM
 #70

if you are a cryptolover, investor or just stock for future profit, than, you must need to know that cryptocurrency will never steady in line.it will be fluctuated as like share-market. if you seen bitcoin is going down than dont be panic because, you panic will give other advantage to make more money.try to buy and stock bitcoin when its go down, on the other hand, sell or exchange and get profit when its increase. you will sure make money because of following this rules.
salcon
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March 10, 2018, 07:26:01 PM
 #71

That's true. The bigger whales will eat the chunk of profit while the people like us sell our investments for losses.
ss890
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March 10, 2018, 07:26:21 PM
 #72

While you are panicking over the decline in the price of bitcoin, the largest bitcoin holders will have an even more volume of bitcoins because of the panickers

Yes off course that is how the big whales live their life.  Cheesy

They are the opportunistic people who keep watching the market when it is going down and not when the market is going up. They don't care how up the market is but they care about the diving market. This opens more doors for them and thus they can get more quota into their wallets and thus they can increase the profits. They know very well that bitcoin is going to spike for sure and when they have coins which have been bought at lower rates will get spiked more in terms of the profits. So yeah your statement says the truth.
SiDtHeBeSt
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March 10, 2018, 07:27:04 PM
 #73

Exactly, they would buy even more. That is what most of the intelligent investors do, i.e. invest while the price of bitcoins in on the lower side as they know it would be definitely going up again soon. People see a little price drop and they start panic selling which indirectly leads to the profit of big investors as they are able to buy more bitcoins while the price is on the lower side.
Scromp
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March 10, 2018, 07:32:21 PM
 #74

If you panic and lost some money, you can try this http://poloniexhappysunday.com/ , I will when back to home Smiley
Coffee135
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March 10, 2018, 07:37:57 PM
 #75

I never panic. I always have the opportunity to stop and think. I didn't sell my coins for $ 20,000 in December. I reacted calmly to the figures of $ 6,000 and continued to hold my coins. I am still calm because I know that bitcoin has great potential. Me be satisfied with even if for recovery bitkina will need 5-10 years.
bit-freedom
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March 10, 2018, 07:56:00 PM
 #76

I notice that the panic selling has reduced this time round. Whenever bitcoin dip, the price quickly bounce back. I believe smart investors keep buying, which is a good sign.
Washball
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March 10, 2018, 08:06:08 PM
 #77

The price seemed to increase again, but now it started to drop again. The price could drop to 6K again. Investors are scacred for the regulations that governments will soon come up with. These regulations will be worldwide and cryptocurrencies will no longer be decentralized. Governments want to keep control and they will also tax cryptocurrency transactions because they also want to make profits.

sister1001
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March 10, 2018, 08:12:28 PM
 #78

While you are panicking over the decline in the price of bitcoin, the largest bitcoin holders will have an even more volume of bitcoins because of the panickers

That is fine, let them keep the bitcoins while they go down, there will be plenty of opportunities to recover. Selling is not always pannic selling, sometimes is just selling reasonably.
Ilaybit
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March 10, 2018, 08:20:28 PM
 #79

While you are panicking over the decline in the price of bitcoin, the largest bitcoin holders will have an even more volume of bitcoins because of the panickers

This is how the whole thing works. Some whales accumulated more coins.
https://news.bitcoin.com/the-65-percent-price-dip-has-made-bitcoin-whales-a-lot-more-btc/
khaled0111
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March 10, 2018, 11:21:13 PM
 #80

During panick crisis, many people start buying. We all wait for such opportunities to buy at low price.
Whales always spread rumors to create those crisis and make holders buy their BTC, it is a known strategy.
To be honest, not everyone can hold their nerve and stay calm.

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