jayveerastrullo
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August 14, 2018, 01:48:09 PM |
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Indeed, most of the small time investors of bitcoin really do that. Maybe because they are scared of what may happen to their money. They just showing there real emotion toward the drops. I am also one of them when I was new in bitcoin everytime the value drops I always panic and now that i learned how the market runs this scenario merely happen to me.
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saaux
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August 14, 2018, 01:51:27 PM |
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That's it. why do you have to panic.? There are many ways to keep pace with this crisis we are experiencing. Just hold coins, invest coins once hold. you're just simple.
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gabmen
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August 14, 2018, 02:05:00 PM |
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That's it. why do you have to panic.? There are many ways to keep pace with this crisis we are experiencing. Just hold coins, invest coins once hold. you're just simple.
The thing is, there's a huge influx of newbie traders and investors coming in to the market today and you can't just tell them to be steady in a market like this since they don't have the experience yet to back it up. We all learn, sometimes at the expense of others but if you're looking at a long term investment, you also have to understand that it take time for newbies to get a good grip on what they're doing.
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chaddive
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August 14, 2018, 02:05:55 PM |
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People here in crypto market, often become the victim of FUD and manipulation which causes their frustration and then they abandon the space. But, that is just a few percentage of the total community. People like us, who have been seeing the market changing for so long will never lose their hope and hold on to whatever coin they have as long as they don't find a legit reason to sell.
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BartholomewBTC
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August 14, 2018, 02:16:58 PM |
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I totally agree with you. We must have faith on the coin on which we are investing on. The cryptocurrency market is all about pump and dump. We must not panic if the price starts falling. We must hold our coins and concentrate on long term Investments.
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Romeotom
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August 14, 2018, 02:22:10 PM |
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Actually many investor quickly want to profit then their quickly do that sell and control profit.but now Cryptocurrency market always go to up or down ,so we have to want and panic because of the real profit.
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princesspoppy
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August 14, 2018, 02:40:33 PM |
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I think the reason why some people are doing panic selling whenever they see dump in the market is because they do not really believe in this technology and that they are only here because they think bitcoin is just another rich quick scheme which is not true. The real thing about bitcoin is that, those people who has lot of patience to wait for the right time to come before they sell their bitcoins. These people are the ones who become successful in this field.
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SK funky
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August 14, 2018, 02:55:16 PM |
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You have a point , even I dont know why n people get panic when the price go down , for every raise there is fall . Dont worry it is a good platform to learn something new , if you believe in this technology then buy some coin hold it dont panic for rise and fall in price , better days are ahead ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Slow death
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August 14, 2018, 03:05:03 PM |
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[...] There are several reasons why people sell with losses. Most people buy bitcoin with money from lending or even buy bitcoin with money from things they sell and these people do not have the patience to hold for many years because they need money to pay their debts or their needs. People who have a lot of money benefit a lot when they buy bitcoin, because for those who have a lot of money they do not have to worry about losses in case of a price drop because that person has more sources of income that guarantee a comfortable life. That is why the phrase "invest only money that you can afford to lose" becomes a golden rule.
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Yelosita
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August 14, 2018, 03:15:59 PM |
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I completely agree with you, many people start to panic when the price of bitcoin starts to decrease gradually. But we must be able to wait and it is then that success will come to everyone.
When prices go down and the fear of losing money gets bigger, it takes a strong mentality and courage to decide, hold or sell. There is no certainty that prices will continue to decline or immediately rise. At this point the instincts of traders, investors, gamblers are one, that is, people who risk their money in bitcoin trading. But business is business, nothing is absolute, so enjoy when you profit or be patient when you lose.
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taylorsara
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August 14, 2018, 03:35:54 PM |
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Panicking in the bearish market price time is not a solution, and I must assume, a wise investor will not panic as he knows the right time will come. In need of market balance, the price going down is an important factor as well.
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hh4mmm
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August 14, 2018, 03:44:04 PM |
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I dont really get you guy's whenever you encounter situation like this you panic because the price goes down. If you really trust this technology why are you losing your hope everytime there is a small storm coming on bitcoin? Panicking makes you blind on what you really need to do, Instead of investing more because it is a good opportunity to buy you are selling your bitcoin's and taking your loss. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) This is what those whales really want to happen wait for the price dump and take that opportunity to invest more while you are selling your bitcoin on cheaper prices. I hope this post will enlighten your mind. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) To me what I m seeing is that most investors have sold out there bitcoin and ethereum So the market is filled up with much btc and eth so no one to buy everyone afraid to buy so that is why the market has been in such way. It will take 2 years for bitcoin price to pump again so hold your btc.
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vendorLazy
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August 14, 2018, 03:56:25 PM |
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I dont really get you guy's whenever you encounter situation like this you panic because the price goes down. If you really trust this technology why are you losing your hope everytime there is a small storm coming on bitcoin? Panicking makes you blind on what you really need to do, Instead of investing more because it is a good opportunity to buy you are selling your bitcoin's and taking your loss. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) This is what those whales really want to happen wait for the price dump and take that opportunity to invest more while you are selling your bitcoin on cheaper prices. I hope this post will enlighten your mind. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thank you for enlightening us, well, I agree that big capital investors have a strategy to get their profits. one of the ways that I usually apply is to become a follower of where the whales go, in this simple way I can feel benefits like them. because I'm sure the Pope also has a community to do a big dump, so try thinking smart before selling. i don't think that guy opened an America with that statements. Everybody understand what's going on
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Bellator
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August 14, 2018, 04:04:25 PM |
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Because many investors in the cryptospace are only in it for fast money. If it starts to dip, they sell to maintain their profits.
Right,alot of people look at crypto as an easy way money.This creation are very useful to each one of us that is why majority to those who invested wants huge profits at an early stage of their investments and i think we can't control the rising and falling of bitcoins value due to dumpers who are panicking in times of bearish market,without even knowing that their act already contributed the continous falling of BTC value.
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Jorosss
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August 14, 2018, 04:05:50 PM |
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Panicking in the bearish market price time is not a solution, and I must assume, a wise investor will not panic as he knows the right time will come. In need of market balance, the price going down is an important factor as well.
Exactly most panic selling when the bear market happens. There are other options to decide on our bitcoin that we could hold for the meantime. This enlighten us the current situation is not good but we have to be patient.
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Mountain Humans
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August 14, 2018, 05:33:21 PM |
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We actually forget what we should do each time the price increases or goes down. During the time of bearish trend the only thing we should do is to be patient, observe the market and make our own decision of when to buy the coins at a cheaper rate rather than falling for manipulation and FUDs.
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alex_gr_cc
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August 14, 2018, 05:45:57 PM |
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People sell bitcoin, because there is no positive news. Everyone knows that there will be growth, but when it will be - is unknown. Therefore, they do not want to freeze their money.
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datetry2222
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August 14, 2018, 05:53:59 PM |
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The most essential thing in this market is patient. If you are a good at analyse you can earn huge profit. Everywhere there is risk. Use the brain.Then anyone can be a whale think huge. Be patient and get your profit. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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salink
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August 14, 2018, 05:56:49 PM |
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On the forum I see a lot of people are still optimistic about the current market. But the number of people worried about the collapse of the market and the sale of everything they have in the code is not, I think that such a big market is not easy to fall, the present time too good to the house New investment owns bitcoin
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Sutters Mill
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August 14, 2018, 06:11:20 PM |
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I dont really get you guy's whenever you encounter situation like this you panic because the price goes down. If you really trust this technology why are you losing your hope everytime there is a small storm coming on bitcoin? Panicking makes you blind on what you really need to do, Instead of investing more because it is a good opportunity to buy you are selling your bitcoin's and taking your loss. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Who are you talking to here? Not everyone does this, but nobody is going to listen to you. Weak hands just have weak hands, but everyone has a point where they need to get out or cut their loses. What's yours? Are you going to hold your bags forever? I doubt it. Some people just don't have the balls to keep hoding whilst their investment hemorrhages value and cash out to minimize losses, whilst others don't care or keep hodling because they see the bigger Picture. You can still make money during these turbulent times also by buying and selling during the dips and I guess this is what a lot of people do. Let people do what they're going to do but you're never going to be able to convince people to stop selling and it's futile to even do so.
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