I Love To See People Panic Selling Of Bitcoin

[WatchMaker]

They say people always learn new things the hard way, but sometimes it is not easy to make it with cryptocurrency cause there is so much volatility. The market volatility is what makes the market unpredictable. Sometimes, I even ask myself why am I into cryptocurrency when the market takes a dive because it is very painful to see the market is going down with your money.

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[WorldBiz project]

Dan Morehead, the head of Pantera Capital, a company that deals with professional investment management, urged people not to panic during the last correction in the market. Dan also predicted the revival and the beginning of growth in the bitcoin market, referring to these events by the end of February (as we see, his forecast came true even with some anticipation):

"Yes, we are aware that the bitcoin market is speculative and highly volatile. The loss of a 64-percent share of the highest achieved bitcoin price is consistent with the average decline shown in previous bearish cycles <...>. It remains to wait about two weeks, and after stabilizing the market, bitcoin will start to grow. "

Morehead also spoke about the global future of crypto-currencies:

"Institutional investors are now showing great interest in buying crypto currency," Dan said. - As a matter of fact, кpиптoвaлюты represent almost "nobody" active with capitalization nearby 0.5 тpлн. dollars. This situation is very unusual, especially since the correlation with other financial assets does not exceed 0.1%. Investors' portfolios are filled with bitcoins is far from complete. "

[jaaeeeyyyy]

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.

Its funny how people would react to bitcoin's decreasing price. They are not thinking what would happen next if bitcoin is in the cheap price, they don't think the opportunity right after a deflation, but sometimes the dip on coins price is the whales and institutional investments that is being pulled off. Just sit and wait for bitcoin to boom again this year, it excites me.

[50ouncebrew]

  Me too. It just shows the weak handed investors are exiting the market and making way for the actual strong handed investors to remain and make profit from it. Most of the people panic selling are those who thought that bitcoin will make them millionaires overnight so now they are scared that they will lose all their money so they better get out while they can. It's not any loss to the market, the market will recover even stronger.

[semarmesem195]

To be honest it's interesting to watch, people who panic and sell bitcoin, they face will look confused and disappointed. It's just that it's for people who are not consistent with what they've started from the beginning. Many remain consistent on their principles and the evidence is that they succeed in getting profits. However this Dip does happen for quite a while, but look at how the economic conditions in your own country must have happened Dip that resembles what happened to bitcoin market.

[Osarman]

   I always wonder why people sell bitcoin at cheaper price then they bought, lose their funds right now. Is't it better to wait for a long time, to keep hope to get profit. Dont they think someone is buying coins they are selling, do they think they are smarter then buyer?

Yeah it is better to sell at highest price and controlling your mind in hard times when prices are not going up. But this isn’t much easy as to say.

Someone who bought bitcoins at any price would definitely has wish to get maximum yield for his investment but what if prices, instead of going up as expected, start devaluing with so much fast rate. What you would do if you would be at his place?

[raymondspeaks]

My very last lesson was selling off some a good coin at a tenth of the price because it was sloping down. Then it mooned, and I thought to myself, never again. Hah. I think it's the learning curve for all noobs to the sphere. I have friends that are too scared to invest, I've had others that have went all in and are now petrified at the price.

We all learn in some form or another

[matthewtherry]

Panic will always lead people to act before they think it through. I have also seen people selling when the prices drop but I am definitely not one of them

[V-t.Ester]

They say people always learn new things the hard way, but sometimes it is not easy to make it with cryptocurrency cause there is so much volatility. The market volatility is what makes the market unpredictable. Sometimes, I even ask myself why am I into cryptocurrency when the market takes a dive because it is very painful to see the market is going down with your money.

Actually this volatility provides the income. If Bitcoin was steady it wouldn't be so interesting for investments. Those who bought or mined BTC in the very beginning made the  best long term investment.
Nevertheless we live in the world where the main asset is fiat money. Once everyone would like to get his earned dollars.

[longwintershere]

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.

I feel the same way. I did the same mistakes before but now I learned my lesson and I'm holding my coins very hard, buying even more cheap coins thanks to the dumpers

[JoshuaBlack1]

I know the past doesn't always indicate the future but it can provide some indicators so with all of these drops that keep happening, they have happened before and will happen again. The phrase "if you can't handle the dips you don't deserve the gains" rings true in times likes these

[BettingTips]

I'm sure that the recent drop in Bitcoin's exchange rates, as well as the cryptocurrencies, has led many new investors to take panic sell action to cut losses. In this time of decreasing exchange rate, we know who is experienced and who is the newbie. Experienced people will continue to invest more in Bitcoin instead of selling to cut losses!

[Ranly123]

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.

That would be good for those who want to start to invest in Bitcoin in a smaller price. There are good benefits in that statement yet there are also bad effect to those who buy Bitcoin in $10-15k price because they are on the verge of losing their investment. Yes we could be happy when some people panic selling their stocks but we have to also think on others who has yet to gain from their investment.

[ToddDiaz]

It just shows that the market is simply removing and weeding out the weak handed investors who are not built for this market in the first place. At least once they are gone we'll know that only the real investors remain.

[jatin729]

Panic selling is happening because there is regulatory for cryptocoins, people are really insecure about crypto asset as we have seen recently google banned ads from its platform , due to that people got insecurity and they started selling their coins at lower price. one more example i wanna add there, recently Indian finance minister statement That " Crypto currency is not a legal tender in India, they govt. is liable to remove all bad impact from crypto asset like corruption and other misuse" There was also people started panic selling.

Just remember one thing in your mind Blockchain has potential to grow in future so don't sell your coins at lower price, because in future they can give you huge Rate of return.

[V-t.Ester]

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.

I feel the same way. I did the same mistakes before but now I learned my lesson and I'm holding my coins very hard, buying even more cheap coins thanks to the dumpers

Better late than never! It was good lesson for you not to panic.
But don't buy very cheap unknown coins. They can dump to the 0$.

[richmcrich]

Only those who are not business oriented engage in panick selling, if you can predict market very well,and business oriented, no need of predict selling, you  need to know the time to sell your bitcoin and time to buy bitcoin.

This is the issue, main issue. People planned to come in this world but they don’t set their mind according to business, rather they came here for earning money only. And when such strategies are implemented in any form, their emotions are more powerful than their business minds.

Results would always be losing their investments or getting so low profits. We must be business oriented when dealing with profits and losses.

[teddyppap]

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.

I don't agree there. You need to take into account the global feeling of buyers and sellers. If you gain 100% in value very fast in this volatile market, you will be tempted to cash out because you expect a correction. Wherease a steady growth is healthy and attracts smart money for long time investment.

[DAVETUN]

When people tend to panic it shows there level of knowledge about Bitcoin,  you do not need to panic, when investors  dump base on panic, it gives room for  us to invest, I love this too

[Dasha88fed]

It's just a myth that you bought bitcoin at a higher price and now you will get a loss i personally have found couple coins which can only be traded with bitcoin I'm not suggesting to trade with doge but i had bought at 20 sats and now i have easily doubled my bitcoin even if the price fell i could easily cover my loss and even make a profit instead of selling it for usd people should trade with these type of coins

I fully agree with this opinion. Trading pairs btc\doge, btc\zec, btc\eth practically did not change depending on btc\usd. Therefore, even now, when all is in a panic and the market is in the red zone there is an opportunity to earn, bitcoin trading them in the trading pairs btc\"altcoin." If you master the trade, then the experience of falling or rising prices for bitcoin will go away, you will simply constantly multiply your savings. Another plus is that fiat money will cease to affect bitcoin as much as it does now.