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Author Topic: People panics because the price goes down.  (Read 557 times)
markdario112616
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April 16, 2018, 10:39:30 PM
 #61

Given the scenario, It's part of our human nature to react in cases like this, out of panic and confusion. We cannot blame new comers if they do such thing, even those people who are already in the industry for a long time tend to have panic attacks from time to time. Also, based on what you have said, banning of cryptos in other countries contributes to a much more volatile Bitcoin's rate.
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April 16, 2018, 11:01:53 PM
 #62

People panic not just because the price of Bitcoin is going down but because they don't have faith in Bitcoin and maybe in crypto currency in general. And  to some other group people tjey panic because there investment capital is a borrowed or loan money and in such conditions one will need to panic but at the end of the day panic may end you selling at lost and you will regret doing such a thing.

Additionally, those who panic see their money going down the drain. When the price goes down, that's their hard earned money or even possibly their savings that they're losing. This is probably why people panic whenever the price goes down - because they have so much to lose. They end up selling in the hopes of recovering their investment even at a lost.
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April 16, 2018, 11:31:27 PM
 #63

In some instances that might be true,, but I have seen numbers of new investors who’ve not doing such reactions or panicking in any news.. Most of the time this hardly associated by big whales selling at high price and buying at dip.. Being new doesn’t mean ignorance because the one who panics are those who don’t have knowledge or even trying to study the history of cryptocurrency..

Don’t associate sellers as newbies because most of the time they’re the greedy investors who manipulate the market..

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April 17, 2018, 02:22:29 AM
 #64

I think the only thing why bitcoin goes down its because to all new holder, They panic after the heard or they watched the news about bitcoin. The lately holder sold their bitcoin at low price. What do you think more than this guys?

Example why lately holders sell their bitcoin and its panic.
1. Because the other country banned cryptocurrency.
2. Because the social media start banning the advertisement of crypto.
3. The other famous artist or most riches people spreading that crypto is bad to take a profit.

For you guys this is true? and why?
If they are new to Bitcoin then there are more chances that they will react to every news that they can read about Cryptocurrency regardless if its negative or positive news. Worst move they can do is to sell their coins in fear of price to go down further. If only they research further on the history of Bitcoin, it has always been a roller coaster ride so there's no need for panic.
It is just the normal way people react to things easily when things are not working out as they would have expected. A lot of people could have the mindset that the market is volatile and they still held, but it is normal for them to see things going awry and then trying to find answers everywhere as to what may be going on so they are not kept in the dark, and sometimes, the news may not even be helping due to the level of FUD, which may make them to react.

Except for the experienced investors or those who may really just have been able to understand the market very well, they are the ones who usually do not care and only focus on the future.
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April 17, 2018, 04:47:16 AM
 #65

I think the only thing why bitcoin goes down its because to all new holder, They panic after the heard or they watched the news about bitcoin. The lately holder sold their bitcoin at low price. What do you think more than this guys?

Example why lately holders sell their bitcoin and its panic.
1. Because the other country banned cryptocurrency.
2. Because the social media start banning the advertisement of crypto.
3. The other famous artist or most riches people spreading that crypto is bad to take a profit.

For you guys this is true? and why?
If they are new to Bitcoin then there are more chances that they will react to every news that they can read about Cryptocurrency regardless if its negative or positive news. Worst move they can do is to sell their coins in fear of price to go down further. If only they research further on the history of Bitcoin, it has always been a roller coaster ride so there's no need for panic.
It is just the normal way people react to things easily when things are not working out as they would have expected. A lot of people could have the mindset that the market is volatile and they still held, but it is normal for them to see things going awry and then trying to find answers everywhere as to what may be going on so they are not kept in the dark, and sometimes, the news may not even be helping due to the level of FUD, which may make them to react.

Except for the experienced investors or those who may really just have been able to understand the market very well, they are the ones who usually do not care and only focus on the future.

New investors and the ones who bought on top are panicking, its always like that. They are the ones who post so many threads with questions when will price recover, when will rise, are we at bottom, etc. You don't hear such things from early adopters and investors, we already have huge profit from bitcoin price rise and we don't worry like new investors do.
They didn't invest in bitcoin as technology that will conquer the world one day in the future, they invested with one agenda and that is fast profit and if possible big profit. That didn't happen, instead up price stared to to down and panic started, its how things are working.

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April 17, 2018, 05:09:42 AM
 #66

I think the only thing why bitcoin goes down its because to all new holder, They panic after the heard or they watched the news about bitcoin. The lately holder sold their bitcoin at low price. What do you think more than this guys?

Example why lately holders sell their bitcoin and its panic.
1. Because the other country banned cryptocurrency.
2. Because the social media start banning the advertisement of crypto.
3. The other famous artist or most riches people spreading that crypto is bad to take a profit.

For you guys this is true? and why?
If they are new to Bitcoin then there are more chances that they will react to every news that they can read about Cryptocurrency regardless if its negative or positive news. Worst move they can do is to sell their coins in fear of price to go down further. If only they research further on the history of Bitcoin, it has always been a roller coaster ride so there's no need for panic.
It is just the normal way people react to things easily when things are not working out as they would have expected. A lot of people could have the mindset that the market is volatile and they still held, but it is normal for them to see things going awry and then trying to find answers everywhere as to what may be going on so they are not kept in the dark, and sometimes, the news may not even be helping due to the level of FUD, which may make them to react.

Except for the experienced investors or those who may really just have been able to understand the market very well, they are the ones who usually do not care and only focus on the future.

New investors and the ones who bought on top are panicking, its always like that. They are the ones who post so many threads with questions when will price recover, when will rise, are we at bottom, etc. You don't hear such things from early adopters and investors, we already have huge profit from bitcoin price rise and we don't worry like new investors do.
They didn't invest in bitcoin as technology that will conquer the world one day in the future, they invested with one agenda and that is fast profit and if possible big profit. That didn't happen, instead up price stared to to down and panic started, its how things are working.
Panicking is part of human nature, but I think sometimes we have to learn how to control our emotion and stay strong. The ups and downs in price is a normal trend due to some factors and I believe it is something that we have to know before joining crypto and condition our mind that being hopeful is a good thing to always remember. Don't lose hope, keep the faith alive.

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April 17, 2018, 05:36:54 AM
 #67

In some instances that might be true,, but I have seen numbers of new investors who’ve not doing such reactions or panicking in any news.. Most of the time this hardly associated by big whales selling at high price and buying at dip.. Being new doesn’t mean ignorance because the one who panics are those who don’t have knowledge or even trying to study the history of cryptocurrency..

Don’t associate sellers as newbies because most of the time they’re the greedy investors who manipulate the market..
To me i think that it is true for those people who do not have experience in bitcoin market, or who are very new in bitcoin world and they do not have any idea about the nature of bitcoin, bitcoin has in fact too much potential and its price can increase too much therefore i do not think that we should feel panic and should not sell our bitcoin in panic like situation, but should wait patiently for the price increase.

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April 17, 2018, 05:59:40 AM
Last edit: April 17, 2018, 06:26:34 AM by ajochems
 #68

It will happen many times.When the new comers in cryptocurrency, see the fluctuations of price they surely will get panic and sell the valuable bitcoin at low price. Why don't you hold the valuable bitcoin.?
Panic selling always make some loss.Just hold the bitcoin till the price is rised more than a invested amount.We had invested in bitcoin to get some profit from it.



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April 17, 2018, 08:06:08 AM
 #69

clear! new entrepreneurs will panic if hearing negative news, we all know, at the end of last week many people who sell because of news like, twitter forbid crypto, facebook forbid crypto and many more news that make people panicked. the last holder who sells seems sorry to see the current situation, as slowly bitcoin begins to recover and rise from adversity.
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April 17, 2018, 08:22:03 AM
 #70

well, that is a common thing, even I also often experience it. but, when I do not really need the money, sometimes I hold it, and do not panic. but for now, I think almost everyone is very excited to hold the bitcoin.
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April 17, 2018, 08:23:02 AM
 #71

Some new investors will always respond to the market that way because they were not able to give themselves much information before even deciding to get into the market and that makes them to panic easily once the market is behaving in a erratic way that is not favoring them which if they had done their investigations well, they would have seen it as an opportunity rather than seeing it as a problem.

What we need to notice here , it is the way the whole market has always been, no matter how old they have been, so we just have to get used to it. I guess getting used to fluctuation requires lots of hard drills and that is the reason new investors are getting heart attack like panic. Over time, bitcoin market itself will settle down to make us feeling comfortable regardless of much risk we are taking with bitcoins.

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April 17, 2018, 09:31:13 AM
 #72

quite natural appearance, many begin to worry when their money is invested in something that was on the same level and is now declining
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April 17, 2018, 06:55:54 PM
 #73

It will happen many times.When the new comers in cryptocurrency, see the fluctuations of price they surely will get panic and sell the valuable bitcoin at low price. Why don't you hold the valuable bitcoin.?
Panic selling always make some loss.Just hold the bitcoin till the price is rised more than a invested amount.We had invested in bitcoin to get some profit from it.
Inexperience people always get panic when then see the price felling down, as they are not familiar with the nature of bitcoin and when the see such a big fluctuation in bitcoin price it create disturbance to them and they even sell their bitcoin in panic. I think that before start trading they should first get some experience must study the market and after that they should start trading. In fact trading is not such an easy job as we consider it.

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Yatsan
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April 17, 2018, 07:21:01 PM
 #74

I think the only thing why bitcoin goes down its because to all new holder, They panic after the heard or they watched the news about bitcoin. The lately holder sold their bitcoin at low price. What do you think more than this guys?

Example why lately holders sell their bitcoin and its panic.
1. Because the other country banned cryptocurrency.
2. Because the social media start banning the advertisement of crypto.
3. The other famous artist or most riches people spreading that crypto is bad to take a profit.

For you guys this is true? and why?
I do agree. Also,we really can't blame those who are panic selling and rather, we should share the information in order for them to be awared of the things to do during such situations whereas the market value of a crypto is falling. They do panic because they can see how fast and big are their possible loss when the market is falling not knowing that their amount of holdings are still the same.

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crisanto01
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April 17, 2018, 07:46:07 PM
 #75

I think the only thing why bitcoin goes down its because to all new holder, They panic after the heard or they watched the news about bitcoin. The lately holder sold their bitcoin at low price. What do you think more than this guys?

Example why lately holders sell their bitcoin and its panic.
1. Because the other country banned cryptocurrency.
2. Because the social media start banning the advertisement of crypto.
3. The other famous artist or most riches people spreading that crypto is bad to take a profit.

For you guys this is true? and why?
I do agree. Also,we really can't blame those who are panic selling and rather, we should share the information in order for them to be awared of the things to do during such situations whereas the market value of a crypto is falling. They do panic because they can see how fast and big are their possible loss when the market is falling not knowing that their amount of holdings are still the same.
I knew that everyone of us here does panicking all the time we are seeing a downtrend in the price, that is why we should always keep in our mind that if we believe we should also learn to control our emotion, let us set things as a normal and not worrying all the time with the price if when it will going to rise again.
omonuyak
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April 17, 2018, 08:07:09 PM
 #76

Bitcoin will always up or down depends on what actually happened. We should have this at the back of our minds that bitcoin cannot continue going up and we can not see continuously downward trend. This are impossible state. If we look at how things happen in cryptocurrency world we would understand that FUD,  panic and fear is what is actually driving price.
Daimon88
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April 18, 2018, 08:14:55 AM
 #77

I think the only thing why bitcoin goes down its because to all new holder, They panic after the heard or they watched the news about bitcoin. The lately holder sold their bitcoin at low price. What do you think more than this guys?

Example why lately holders sell their bitcoin and its panic.
1. Because the other country banned cryptocurrency.
2. Because the social media start banning the advertisement of crypto.
3. The other famous artist or most riches people spreading that crypto is bad to take a profit.

For you guys this is true? and why?
Of course yes, people are encourage to buy and sell bitcoins depend upon the latter news they got. Sometimes, we based our action with the opinion of others. The first gossip that comes to our ears are the first thing we obey. FUD news is made to create involuntary action by hodlers. Those who are tough to hold their coins are those who have strong faith in crypto and has a deeper understanding about the bear and bull run.
That is what investors should avoid. Listening to others is pretty fine but thinking that they are honest with you and every word that we hear is truth, that is not the way of world. People do what is best for them. Therefore, one should go with his intuitions and talent. Always verify the information and then take any decision. Without knowledge, it is hard to live in crypto world.
Budugbass
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April 18, 2018, 08:33:09 AM
 #78

Whatever the reason for the panic and whatever it is that affects it, it will continue to happen over time and lead to many opinions or predictions that affect many people. Here it is of course only the true holders who will win and stick to their beliefs. This is the natural thing.., that the fact would be still lead to the trend of price movements that reach higher prices I think.
rickadone
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April 18, 2018, 09:44:55 AM
 #79

I think that i am never going to understand why most people is always panicking when they see a -5%  - -10% on their portfolios, it is a waste of time and energy.

I am in down by more than a forty percent since the beggining of the year, and i am not worried because i know that everything is going to recover in a near time, maybe in some months, or in some weeks from now.
A lot of people never got to understand how markets work in general (stocks, Forex and so on) as it has been kind of restricted to the bigger investors and institutions as well as traders.

Cryptocurrency changed a lot of things and that made us to start seeing new investors and most especially the inexperienced ones hitting the market and looking for quicker ways to make money since the crypto world is easily accessible without any regulations of some sort and in that case, what else would we have expected ?
EdenHazard
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April 18, 2018, 10:06:50 AM
 #80

Whatever the reason for the panic and whatever it is that affects it, it will continue to happen over time and lead to many opinions or predictions that affect many people. Here it is of course only the true holders who will win and stick to their beliefs. This is the natural thing.., that the fact would be still lead to the trend of price movements that reach higher prices I think.
Actually, people who save money in cryptocurrency are not fully focused on their strategy. I mean if initially, they choose long-term investment, but then they find the price weakened and eventually they will sell back the investment he has. This is not a matter of panic selling or anything up to those who sell investments when there is a notice of bad news coming. But this is entirely to save their money to create new ways to earn more profit.

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