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Author Topic: I Love To See People Panic Selling Of Bitcoin  (Read 1097 times)
Mr.grin
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April 19, 2018, 12:11:42 PM
 #241

in fact, I do not really like to panic people, because I can also be panicked because of it. well, sometimes humans will panic if they see other people panicked. besides, the price will probably be faster down on the rise.
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April 19, 2018, 12:28:47 PM
 #242

I am also glad that there are still ignorant people who sold at a very low price.They are now exactly in the incredible loss and frustration haha

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April 19, 2018, 10:52:42 PM
 #243

We should be more lenient towards newcomers, many of us were afraid of falling prices at the beginning of their activities. But it's all in the past, empirically realized that to be afraid of drawdowns is not worth it.
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April 19, 2018, 10:58:24 PM
 #244

I know there are people get their profit now, they bought their bitcoin on very cheap price and as the bitcoin's price go high there are many dumping their bitcoins. However new investors of bitcoin or should I say newbie on cryptocurrency are panic selling their bitcoin in the mere fact that they bought on ATH all time high price, I love to see that they learn and this is how we welcome all the newbies. Welcome to the cryptocurrency!!! Always learn from the mistake, that's the best strength we can get after losing, that's where we all started.
Well, that was really the initial action that most newbies are doing once they have experience a real dump in their holdings because of the Bitcoin's price dump. Although it was real fun to buy Bitcoin price at a low price but knowing that this was mostly influenced by those who do panic selling, it is sad that they are loosing their own and giving good benefits and opportunities for others. So if we know someone who hesitantly deciding if he will sell or hold into his Bitcoins better to tell him to hold because that was a normal scenario we have in this cryptocurrency world in which change is inevitable and always open for opportunity and coming of losses.

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April 19, 2018, 11:25:24 PM
 #245

Why it is very difficult for beginners to convey the idea that panic is useless when prices fall... Moreover, it may aggravate the situation, when you start mass selling of bitcoin...
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