Are we going to see another PANIC

[Mahanton]

The panic up to a certain point in history has hurt the market but over the years this crucial factor has shown that it can help in maintaining and developing the market. However, the figures can be reliable up to a point, but a political movement by a government can change the market value affecting all investors.

The question is: Should we worry or surf the wave?

And after just a week you have gotten your answer, bitcoin has finally began to move and today is moving as it has not moved in months, this could be the opportunity you have been waiting for to make money in the markets but before you do anything make sure that you have a well defined strategy and that whatever money you are thinking of investing in the market is money you can afford to lose otherwise you are going to go terrible problems if you happen to lose that money as it happen to so many traders.

Losing is inevitable and its part of this market on where investors would really definitely experience such stuff because we know that this field is only composed of sellers and buyers.
Be smart and be wise as much as possible if you do like to sustain.Its good to see that the market had start to move out after several months.As far as i remember where btc do able to hit
up 10400 and it is indeed been a while before we do able to almost reach up that high as of this day.Yeah it took long months and its always been like that.If you arent that patient
enough then you might able to sell off.

[STT]

^^ The smartest decision there would be to anticipate the weakness, do actually sell but only temporally while the negative sentiment and sell orders overwhelm the order book and cause the price to more then half.   One of the trading accounts I have gives a reversal arrow so you flip the position from bull to short and back again, might have to try that in small part when judging these bigger moves.   When you observe the lull in selling buy in knowing you are only rebuying what you already had, set a mark for support to then watch as it bounces back with your now lower price point then you have prior.   That'd be perfect but how do you stay calm and buy in the middle of the storm knowing it will pass, thats what makes the profit.   About 100x easier to write down then actually do, I did close some shorts (in effect a form of buying) in the March sell but I could have done alot better especially I had it matching some charts I had drawn but chaos is hard to overcome and act decisively.

[bitbunnny]

Bitcoin has decreased significantly within last days. In some of the local group I am active, some people are trying to sell their Bitcoin, some are looking for what's happening and it seems to be little panic here.
If the price continue to decrease, I think it will create more panic which will bring capitulation, will not it?

Seeing/reading this right now makes me relly proud of myself. Why proud? Because I know that I make a right decision that I did not sold my bitcoin during it was low. Because I trust bitcoin enough that will increase its price again all I have to do is to wait and earn bitcoin as much as I can will it is low.

Important learning that you can pull out of your experience is that Bitcoin is the most profitable on long term and that you need to be patient
Even though the price is in upward now there is no guarantee that it will stay so however you always need to have in mind that Bitcoin price will always go up and down but you need to stick to your strategy and your goal. And panic selling in never a good decision.

[royalfestus]

I saw a very interesting data that describe the mode of decline in fear of the pandemic over the months. Although this has not reduced the infection but had reduced the reaction of fear to it. Other political situations around the world especially in USA defer all the rules for the disease prevention and yet we dont see people fall on the street and die. Palliative went a long way and some of the fund find its way into cryptocurrency. The economy is not stable but there are hope it will get better soon.

[Silberman]

The panic up to a certain point in history has hurt the market but over the years this crucial factor has shown that it can help in maintaining and developing the market. However, the figures can be reliable up to a point, but a political movement by a government can change the market value affecting all investors.

The question is: Should we worry or surf the wave?

And after just a week you have gotten your answer, bitcoin has finally began to move and today is moving as it has not moved in months, this could be the opportunity you have been waiting for to make money in the markets but before you do anything make sure that you have a well defined strategy and that whatever money you are thinking of investing in the market is money you can afford to lose otherwise you are going to go terrible problems if you happen to lose that money as it happen to so many traders.

Losing is inevitable and its part of this market on where investors would really definitely experience such stuff because we know that this field is only composed of sellers and buyers.
Be smart and be wise as much as possible if you do like to sustain.Its good to see that the market had start to move out after several months.As far as i remember where btc do able to hit
up 10400 and it is indeed been a while before we do able to almost reach up that high as of this day.Yeah it took long months and its always been like that.If you arent that patient
enough then you might able to sell off.

The market has been really wild after surpassing 12k yesterday we saw a crash all the way to 10500 and now we are trading once again at 11400, I do not know but it seems we are reaching the climax stage of a movement so will not be surprised if the price begins to slowing go down during the week, as always I could be mistaken but that does not mean we will see a crash maybe we could see a consolidation at 10500 and then the market will cool down for a few months only to heat up again at the end of the year.

[smyslov]

I saw a very interesting data that describe the mode of decline in fear of the pandemic over the months. Although this has not reduced the infection but had reduced the reaction of fear to it. Other political situations around the world especially in USA defer all the rules for the disease prevention and yet we dont see people fall on the street and die. Palliative went a long way and some of the fund find its way into cryptocurrency. The economy is not stable but there are hope it will get better soon.

This is very dangerous reaction because of less reduction of fear many people do not wear mask do not do social distancing so many are infected  the infection has doubled, people are getting used to it they are not in panic anymore, they are not afraid of the virus they are more concerned on their job and bringing food to their table.

[btctalk123]

another crypto panic let's sell our crypto

[Smitty Werben Man Jensen]

This level is where people will sell Bitcoin, especially people who buy it during March-April,
be careful with corrections, it might drop below $ 17k again, in my opinion like that,
because there is still no sign that Bitcoin this year will go to All time high, even though it has crossed $ 18,000.

[Fatunad]

This level is where people will sell Bitcoin, especially people who buy it during March-April,
be careful with corrections, it might drop below $ 17k again, in my opinion like that,
because there is still no sign that Bitcoin this year will go to All time high, even though it has crossed $ 18,000.

We do have the signs but not really a solid one because anything could really happen in an instant.We almost breaking now the 18k barrier but doesnt mean that we will be heading directly to 20k as of this year.
For sure theres a strong resistance between those levels yet this had been the place on where lots had been caught by the fomo. If you arent that prepared or do let yourself left behind on possible updates
or movement then you would really commit the same mistakes all over again.People should be aware that history might or might not happen for this year.

[kapalmabur]

panic that creates itself, that's why trading is not just reading charts or candles,
controlling thoughts and emotions is also one aspect that traders must do,
I know 70% traders will experience this, and that's why another panic happens,
don't know when will happen, must be prepared.

[Chrystora123]

This level is where people will sell Bitcoin, especially people who buy it during March-April,
be careful with corrections, it might drop below $ 17k again, in my opinion like that,
because there is still no sign that Bitcoin this year will go to All time high, even though it has crossed $ 18,000.

The chances for Bitcoin correction are huge but won't fall below $ 15k.  when the Bitcoin market corrects at $ 17k it will bounce back and go past $ 18k, soon we will see Bitcoin hitting ATH ($ 20k) and possibly passing it.  let's tighten your seatbelts..

[Botnake]

This level is where people will sell Bitcoin, especially people who buy it during March-April,
be careful with corrections, it might drop below $ 17k again, in my opinion like that,
because there is still no sign that Bitcoin this year will go to All time high, even though it has crossed $ 18,000.

The chances for Bitcoin correction are huge but won't fall below $ 15k.  when the Bitcoin market corrects at $ 17k it will bounce back and go past $ 18k, soon we will see Bitcoin hitting ATH ($ 20k) and possibly passing it.  let's tighten your seatbelts..

No one can ascertain what price bitcoin will fall or rise, but the momentum not is really bullish so it could reach a new ATH but it's expected to fall after than, but like I said, we never know what would be a new ATH before the price will start to correct.

[DevilSlayer]

The panic that you are talking about will not yet happen because the view point of all traders and investors are still bullish wherein the price can become more expensive. The panic is usually happening when the market is in bearish where a lot of investors are pulling out their money because they know that cash is also a position and they know when not to invest or trade. But during a bull run like this, the emotion in the market is pure greed where a lot of investors and traders want to get position because they are aware that the price can still have momentum and its price can achieve higher. We are now near in the ATH and it is so good because we are now going to see an all-time high breakout again maybe it will happen before the month of November ends or in the 1st week of December.

[matchi2011]

The panic that you are talking about will not yet happen because the view point of all traders and investors are still bullish wherein the price can become more expensive. The panic is usually happening when the market is in bearish where a lot of investors are pulling out their money because they know that cash is also a position and they know when not to invest or trade. But during a bull run like this, the emotion in the market is pure greed where a lot of investors and traders want to get position because they are aware that the price can still have momentum and its price can achieve higher. We are now near in the ATH and it is so good because we are now going to see an all-time high breakout again maybe it will happen before the month of November ends or in the 1st week of December.

The sentiments seems still in strong bull, investors are buying and not buying the fuds. It's a good sign that gives the market
to continue forming and pumped back.

It's tough to fully predict the next trned but if you are aiming for long term let the dumpers to sell out there are still lots of
promising  movements for those who'll be able to patiently wait, might be a new ATH  to show before this year ends.

[coin-investor]

It's tough to fully predict the next trned but if you are aiming for long term let the dumpers to sell out there are still lots of
promising movements for those who'll be able to patiently wait, might be a new ATH  to show before this year ends.

I changed direction after I saw the big pump a few days ago, there's a big possibility of an all-time high anytime now could be this month could be next month, after that 10% jump, I believe there will be a repeat, and the next pump will be another all-time high, maybe there's a possibility of 15% pump this year, who knows, several days ago the price is struggling until that big pump, so the possibility is not remote.    

[Reatim]

Bitcoin has decreased significantly within last days. In some of the local group I am active, some people are trying to sell their Bitcoin, some are looking for what's happening and it seems to be little panic here.
If the price continue to decrease, I think it will create more panic which will bring capitulation, will not it?

There is no panicking happens since that March bear market in which every currency Fell down to Their lowest value.
Nowadays all we can see is sign of bullishness and also checking with the prices is really possitivities   

https://coinmarketcap.com/

Bitcoin Valuing more than $18,000 the very high price Bitcoin achieved after the Bullrun of 2017.

[fortunecrypto]

Bitcoin Valuing more than $18,000 the very high price Bitcoin achieved after the Bullrun of 2017.

It cemented our belief that we are in a bull and all time high is very imminent Bitcoin is now at $18k and we are in November imagine if the movement of price continues to be like this, we will have an early all time high and who knows next month we have a lot of new records in the all the time high.
The only thing that we have to watch out now, is what happen after the all time high, where the price crash after recording the highest price, I hope it's different from the time high that we experienced in 2017.

[Questat]

The only thing that we have to watch out now, is what happen after the all time high, where the price crash after recording the highest price, I hope it's different from the time high that we experienced in 2017.

What will expect, after the bull run there's always a correction that will come automatic, when the price corrects, don't even try to continue holding as we don't know how deep it will fall, better convert it to stable coins to preserve the value and just accumulate when it well start to rise again.

Don't get fooled my friend, this is just a cycle, and we've seen this before already, so let's make the right decision this time.

[bitbunnny]

If some bigger price corrections will follow we will definitely see panic spelling. From past experience in similar situation we can conclude that majority of people never learn anything and most of them are not experienced investors who have enough patience and can bare the pressure. Many people involved in Bitcoin are not ready for long term investment.
So, history will repeat, I'm sure of it.

[kapalmabur]

we have to fight our emotions when trading and investing,
don't follow panic sell if you want the target to be reached,
if investors and traders hold then we will see more Demand than sell orders,
this will certainly make bitcoin go up and there is no another panic.