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Author Topic: When the price drops Do not panic, It will only make things worse  (Read 164 times)
felipe04
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July 03, 2018, 05:08:23 PM
 #21

yes buy again in again when drops come here in crypto

always take chance bitcoin is so low in past history so this will rise again in again

in order to succeed you must believe that you can so believe in crypto that it will grow more in the future

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July 03, 2018, 05:51:16 PM
 #22

When the price is on downward trend....that's the best time to buy.
Few days ago bitcoin was selling for 5k plus...now imagined if you had bought, you could have gained nothing less than 1k in just few days investment.

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July 03, 2018, 06:01:42 PM
 #23

If the price down dont get panic and sell your bitcoin because it would gives you a great loss to you. And another thing it would makes the market more in downtrend only. So if the price is low you can use that chance to buy more bitcoins and hold it for future. Bitcoin always first low then only increase. This time it will take long time to recover. Today the market starts with green hope it will continue in near future.

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July 03, 2018, 06:08:39 PM
 #24

This is the right tactic to which everyone should adhere. We must be a strong community and not allow fear to control us. We all believe in bitcoin. So we just have to wait for its development.
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July 03, 2018, 06:11:04 PM
 #25

If you panic and sell your bitcoin, it will only make the market worse and the bitcoin price will go down. So when bitcoin prices are down don't panic and don't go sell your bitcoin. Although it does not have much impact on bitcoin, at least if you do not panic and do not sell Bitcoin, the price will not continue to drop. What do you think ?
Well panic is normal in bitcoin industries and if we sell our bitcoin for sure we also contributed to the dump, but we need to endure the situation if bitcoin price is on dip because patience is the key to become successful and bitcoin is not a pump and dump coin so long term plan is the best for it.

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July 03, 2018, 06:18:34 PM
 #26

If we all hodl together then we can maintain a good price for bitcoin, which will then maintain the prices for other altcoins. The market is pumping now so lets hope it hits the $7000 mark
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July 04, 2018, 03:40:57 AM
 #27

Yes it is very true that when you do panic selling it always makes the ting worse. people do panic selling because of negative rumors in the market. every time there is a negative news in return market goes down because of panic selling. in my opinion you should always think different than others instead of selling you should buy at this point of time. that will help you to reduce your buying price average.

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July 04, 2018, 03:52:43 AM
 #28

This is true but the effects of price drop to panic selling is kind of minimal, but affects all the market so bad. There are a lot of fatcors that should also be considered when people panic sell, such as bad publicity, which causes people to speculate and then sell their coins because they are afraid that their coin’s value would drop even more.

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July 04, 2018, 03:56:09 AM
 #29

This is true but the effects of price drop to panic selling is kind of minimal, but affects all the market so bad. There are a lot of fatcors that should also be considered when people panic sell, such as bad publicity, which causes people to speculate and then sell their coins because they are afraid that their coin’s value would drop even more.
yeah, I agree on qhay you said friend. panic qill cause mich teouble in the time of dropping low of the price of the cryptocurrency in the market. because in the panic we can infused other people with have an negative feedback eith the cryptocurrency. the best way is to ready for what might come happen and also chill and relax.


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July 04, 2018, 03:59:59 AM
 #30

Very true bruh i don't know why some people do it anyway because if you bought something at a higher price and would decide to sell it a cheaper price then that sounds a bit uncalculative. I think those who do that don't know much about the volatility of bitcoin that is why they engage in panic sales.
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July 04, 2018, 04:31:17 AM
 #31

There are so many people trading bitcoin every day. They will not get panicked just because some peoples sold due to their panic.
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July 04, 2018, 04:34:40 AM
 #32

The main thing is not to panic during a large and prolonged fall, but also not to be greedy with good growth and everything will be fine)

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July 04, 2018, 04:45:57 AM
 #33

The main thing is not to panic during a large and prolonged fall, but also not to be greedy with good growth and everything will be fine)
So true. Its best to set your goals/ limits and act accordingly when these limits are met. Sometimes we tend to seek for more (being greedy) when we already have much which sometimes results to a downfall.

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July 04, 2018, 04:48:35 AM
 #34

many people are panicking and selling their bitcoin for a bargain and go with a loss I think that often happens maybe it's just some beginner to trade,there are many people trading every day so panic may not have such a big effect on the decline of bitcoin prices.

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July 04, 2018, 04:50:13 AM
 #35

If you panic and sell your bitcoin, it will only make the market worse and the bitcoin price will go down. So when bitcoin prices are down don't panic and don't go sell your bitcoin. Although it does not have much impact on bitcoin, at least if you do not panic and do not sell Bitcoin, the price will not continue to drop. What do you think ?

Its been universally preached here in the forum since I joined here. But you know what, you can really control people panics in times of crisis. Specially newbies who doesn't know what's going on and the rush to push the sell button thinking that is the right way to do in situation like that. Panic is one of the worst emotions or enemies a trader can have and it takes years of experience before you can overcome it and be like cool as ice when the price is going down.

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July 04, 2018, 04:59:30 AM
 #36

When cryptocurrency price dropping especially bitcoin, the good idea that being good to do are still hold our crypto coin like bitcoin or any other cryptocurrency coin, because many times that happens when bitcoin price dropping it will back again for the next coming months, so in order to avoid losses just stay calm and strongly hold until price coming back to the higher level.

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July 04, 2018, 05:04:23 AM
 #37

If you panic and sell your bitcoin, it will only make the market worse and the bitcoin price will go down. So when bitcoin prices are down don't panic and don't go sell your bitcoin. Although it does not have much impact on bitcoin, at least if you do not panic and do not sell Bitcoin, the price will not continue to drop. What do you think ?

You are right, do not panic when the price goes down. The down market is normal and will improve again, and if panic then it can make us sell at a low price and the losses to be earned.

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July 04, 2018, 05:09:46 AM
 #38

Games are won by players who focus on the playing field, not by those whose eyes are glued to the scoreboard.  Wink




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July 04, 2018, 05:10:09 AM
 #39

If you panic and sell your bitcoin, it will only make the market worse and the bitcoin price will go down. So when bitcoin prices are down don't panic and don't go sell your bitcoin. Although it does not have much impact on bitcoin, at least if you do not panic and do not sell Bitcoin, the price will not continue to drop. What do you think ?
I agree with you. Panic will not solve anything. We need to calm down and look at the world economic market. I realized that the Crypto market was always affected by the stock market.
So we do not panic, because the true value of the altcoins is still there. The recession is going on and this is a good time to buy low and sell high.

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July 04, 2018, 05:12:14 AM
 #40

That's what I'm always saying also I try to commit myself as investor so I try to hold as long as possible.
And by holding you will obtain some profit as it's proven , almost all crypto increase about 10%

HOLD = PROFIT !

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