meldrio1
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November 24, 2018, 10:23:01 AM |
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I think you are right as you can see the price of bitcoin was big dump because of these newbies panic sellers, well there is nothing we can do with them let them sell and we buy the cheapest price then hold to earn profit in the future.
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Tarion
Member
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Activity: 224
Merit: 12
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November 24, 2018, 10:25:03 AM |
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They are already crying when a coin drops by 5 percent and saying that everything is a scam and long term investment brings you nothing. Come on guys, be serious and if you are not ready to wait, you should quit this market.
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umar22pk
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November 24, 2018, 10:30:29 AM |
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Its correct most of crypto participants are very new & they bought bitcoin in a dip like 6K or 5K & they are hoping to take profit in bull run. But unfournatly price didn’t go up but went down, that’s they are in panic & that is natural. I will suggest them to be patience & don’t sell their coin in a loss.
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various
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November 24, 2018, 10:43:26 AM |
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In every aspect of life, the people who are panic always loses. If you look at previous periods, this is the same case in crypto. So it is worth to be patient and not be weak hand. In fact, it's good that the weak hands go away.
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frost_wind
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November 24, 2018, 11:00:43 AM |
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Crypto newcomers do not have enough trading experience, and therefore often become long-term investors, or as they are called "hodlers" . Most of them would like to avoid hodling, but because of their inexperience, they incur losses and have to wait and hope that the price will recover someday. As you know , when everything happen not according to your plan, we usually you start to get nervous, or even panic. This is a normal human reaction and only experience can help us to get rid of it.
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EdenHazard
Legendary
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Activity: 2674
Merit: 1048
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November 24, 2018, 11:15:08 AM |
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Actually being a holder is a choice, not a necessity for every investor. Had better he has a strategy and not being a holder because he follows what other people do. There is not impossible when he becomes a panic seller and he has the best way to predict the price of bitcoin or altcoin and then buy at a low price and sell it at a high price. For those who choose to be a holder, they don't want to bother to think about anything else, they are patient enough and wait for the cryptocurrency price to rise and they sell it.
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Caladonian
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November 24, 2018, 11:19:28 AM |
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Making an investment without proper knowledge can lead you to make more wrong decisions, as we seen people around which is new to this industry happens to just to believe with others understanding without making really good research and deeper skills to fully manage how to act properly each time market moves not favoring your position.
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nicster551
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November 24, 2018, 11:22:13 AM |
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Hello, I saw a lot of holders today a new generations of holders. Like, Bought 6k$ to 7k$ amount or price of bitcoin. And they panic because they afraid to lose them more money on the crpyto so of course they will sell it immediately at the lower so that's why many of them always lose their money. What do you think?
They are right to do that because they are thinking that the market is in a bearish market and would go down more. It is right to cut some losses before it would go down more.
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NikNikKomarov
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November 24, 2018, 11:22:27 AM |
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Many, buying Bitcoin for $ 6000, wanted to make a profit in a short time. But instead lost 30%. However, if they manage not to panic and wait in the future, they will get what they expected.
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kidbounty
Full Member
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Merit: 101
HELENA
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November 24, 2018, 11:38:07 AM |
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I think panic sell doesn't happen to investors just now. many people who have long been in cryptocurrency sometimes experience it. basically the fear of losing money triggers it all.
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Red-Apple
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November 24, 2018, 12:15:13 PM |
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i think you are wrong. there aren't that many new investors these days to begin with so there aren't any "holders" as you call them. and if a new investor invests right now they are NOT doing it for the hype but they are buying bitcoin because they see the true potential in it. that means they won't sell just because some idiots spread some FUD and manipulated the price.
what you see in bitcoin is 95% manipulation and 5% panic sellers.
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stomerliren
Newbie
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Activity: 14
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November 24, 2018, 12:16:39 PM |
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I don't see any reason for invest into altcoins ...
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pitedsarat
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Activity: 14
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November 24, 2018, 01:05:47 PM |
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Just Hold, friends
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treatWy
Jr. Member
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Merit: 5
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November 24, 2018, 01:19:52 PM |
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New comers who doesn't want to know the or who didn't know crypto system can fall easily into the panic trap. Those who are veterans in crypto will not be shaken no matter what is going in the market as long as the end will not come. Hold is the word that describe the old members so they are not weak to get into panic.
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vntuoitre
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November 24, 2018, 01:23:23 PM |
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I think it is common sense. I used to do that too and as a result I lost a lot
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Avri Susanto
Jr. Member
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Activity: 252
Merit: 6
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November 24, 2018, 01:24:34 PM |
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Hello, I saw a lot of holders today a new generations of holders. Like, Bought 6k$ to 7k$ amount or price of bitcoin. And they panic because they afraid to lose them more money on the crpyto so of course they will sell it immediately at the lower so that's why many of them always lose their money. What do you think?
I think everyone will surely panic, if they see their money burning in just a few days. so not only are new holders experiencing this, most investors experience it
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SamboNZ
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November 24, 2018, 01:28:50 PM |
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Investors who panic are the ones who started crypto when last year's hype occured. Many were hooked and they immediately tried their fortune in crypto. Sad to say but they entered crypto without knowing anything about crypto. They just joined because of hype.
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opv321
Member
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Activity: 490
Merit: 11
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November 24, 2018, 01:29:01 PM |
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The majority are not investing but rather running from the market. Although this is a good time to purchase as for me.
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bassbity
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November 24, 2018, 01:29:50 PM |
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because new bitcoin holders have no experience in cryptocurrency, they buy bitcoin at a price of $ 6k and above and when bitcoin falls very low which makes them take their money and sell it, you must be strong in maintaining coins because at one time bitcoin is sure to the moon
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Utyg
Jr. Member
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Activity: 266
Merit: 1
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November 24, 2018, 01:31:46 PM |
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I think the people who invest in the crypt are now. This is done more or less consciously. Since investing in new projects is very risky. And this is a very long investment and investment. Since everything will be sad until bitcoin starts to grow.
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