Guys avoid panic sell...

[TitanGEL]

Currently the market is recovering even the world problem is not yet over, its good to see btc slowly increasing especially now that halving is a month away.

And let's hope that bitcoin will continue to be bullish going to the halving so this hype will continue post halving.
Bitcoin dump at $4K when there was a big panic, and if people buy at that price, they will make an easy 100% once bitcoin will reach over $8000.

Bitcoin will rise in future for sure. Those who have been this market and has seen fall from 20k would known that the rise is also quick and then fall is also quick . Also when it falls later on it will rise and we have seen many times it has fallen badly and later on  rose well . So panic selling will only lead to loss.

For people who have been in this market for how many years will surely have that kind of impression or views towards bitcoin.We have seen the worst and any dumps just like what happened
recently then theres nothing new with that and as you said, we cant just see a falling market like forever, there would always a recovery but i cant really blame up people on not to panic
since we are just humans after all but its part of investment risk with these kind of situations and you should really be wise and emotionless when it comes to these kind of scenarios
if you do like to succeed on this market.

Those who have many experiences in this type of market are now have guts in order to not panic, only those people are new in the market are the people who mostly panicking especially when there are crashes. Panicking can be avoided if we know what we are doing, of course if we do not have any plan; for sure that there is a doubt that we keep feeling where it can lead to panicking. It can be avoided through right knowledge and right mindset.

[HardFacts]

For people who have been in this market for how many years will surely have that kind of impression or views towards bitcoin.We have seen the worst and any dumps just like what happened

EVERYTHING IS DIFFERENT NOW...

Whatever happened in the past, those days are GONE...  If you expect BitCoin to behave normally in an Economic Crisis, you are delusional.   BitCoin's reaction to the crisis was not good, and I expect it might happen again at the next really bad economic news   

Hard Facts

[btc78]

Currently the market is recovering even the world problem is not yet over, its good to see btc slowly increasing especially now that halving is a month away.

And let's hope that bitcoin will continue to be bullish going to the halving so this hype will continue post halving.
Bitcoin dump at $4K when there was a big panic, and if people buy at that price, they will make an easy 100% once bitcoin will reach over $8000.

Bitcoin will rise in future for sure. Those who have been this market and has seen fall from 20k would known that the rise is also quick and then fall is also quick . Also when it falls later on it will rise and we have seen many times it has fallen badly and later on  rose well . So panic selling will only lead to loss.

Because this market is for Rise and Fall,and like you said the Prices always comes Up and down in which nothing new for us.
let those opposing have their own facts but lets see what will happen when the value Reach another Hype again.
i did remember in 2018 when the value starts to fall badly,there are so many accounts that spreading FUD but when 2019 Hype happens?their Keyboard stops typing and keeps in silence and now starting to cry again lol.

[TravelMug]

For people who have been in this market for how many years will surely have that kind of impression or views towards bitcoin.We have seen the worst and any dumps just like what happened

EVERYTHING IS DIFFERENT NOW...

Whatever happened in the past, those days are GONE...  If you expect BitCoin to behave normally in an Economic Crisis, you are delusional.   BitCoin's reaction to the crisis was not good, and I expect it might happen again at the next really bad economic news   

Hard Facts

But it recovered from $3800 to $7k right? So how can you say that it reacted in a bad way?

Every traditional markets also didn't react that good, but in so far as bitcoin is concern, it had a good run after that epic March 12 flash crashes and then it move forward pushing the price above $7k. Of course if there will be a looming economic crisis, every market will react differently. It might not look good in the beginning, but chances are bitcoin will also recovered just like what we witnessed during the Covid-19 pandemic.

[Republikcoin.com]

For people who have been in this market for how many years will surely have that kind of impression or views towards bitcoin.We have seen the worst and any dumps just like what happened

EVERYTHING IS DIFFERENT NOW...

Whatever happened in the past, those days are GONE...  If you expect BitCoin to behave normally in an Economic Crisis, you are delusional.   BitCoin's reaction to the crisis was not good, and I expect it might happen again at the next really bad economic news   

Hard Facts

you are right. bitcoin has a bad effect on the current crisis, that is the fact. however, recovery also occurs when the crisis becomes more widespread, and that is also a fact. which means, there is potential that can make the price of bitcoin higher when the crisis is over. Well, the decision to sell or hold is on each of us. but, personally, I will hold back. I think that at least the price of bitcoin can reach $ 10,000 this year.

[HardFacts]

But it recovered from $3800 to $7k right? So how can you say that it reacted in a bad way?

BitCoin crashed by 50 % on March 12, when the economic crisis became appearant.    THAT is how BitCoin reacted in a bad way.


The fact that you REJECT REALITY in order to fit what you WANT to believe tells me you are just stupid...  Anyone that ever listens to a fool like you is going to get a very bad result.

Hard Facts

[Ronyx]

Yes, I agree with you to wait for the condition to recover, stay patient and stay calm and don't be a panic sell.

[HardFacts]

Yes, I agree with you to wait for the condition to recover, stay patient and stay calm and don't be a panic sell.

Not all selling is PANIC SELLING.   Rational investors sometimes see that an asset is not going higher, and sell, and take profits before the price goes down.   

That is just BEING SMART.

Will bitcoin go higher, I have no idea, but to dismiss all those that sell as " panic sellers " is just plain STUIPD.

Hard Facts

[bitbunnny]

Unfortunately, panic selling can't be avoided completely, there will always be some users who are afraid of loss, don't have enough patience and think thus they can save at least some of their money.
Panic selling is usualy connected with unexperienced users so I think that sharing.information, education and positive experience can help to prevent panic selling.

[davit putra]

That's right, panic is indeed an enemy in ourselves that makes us unable to think clearly in making decisions. The market will be able to recover, and be patient to obtain better profits.

[Cootie]

Yep, but that's not unavoidable. People will naturally panic in times like this. But for those who have planned to hodl, this event is just another from before. Things like will not shake them off, so you don't have to worry. That's life, some will sell and some will hodl. Even you warn them or not. This advice from you will be followed or not, balanced on both sides. Coins have two sides, and that's also applicable here.

[Kong Hey Pakboy]

Panic selling is unavoidable, especially during the pandemic of COVID-19 because most of us temporarily don't have any jobs and we need money to provide our everyday needs, that is why it is hard for some people to hold bitcoin and to maintain their long term investment.

[FanEagle]

I for one think that you should all sell, be afraid that bitcoin will go down, there is a huge chance that you are going to lose all your money because of it, this satoshi guy will steal all your money. Get out as quickly as possible and never look back, this bitcoin thing is a scam and its the foreigners who are doing this to make your country smaller and weaker, you should not be part of it. If you have read thus far and agree with me, please get out of the crypto market. If you read thus far and disagree with me, good, so do I.

I am a big bull on bitcoin, I just want people who have weak hands to get out so the people like me and you who love bitcoin for bitcoin and not for my profits could stay and make this into something much bigger without them.

[Jating]

Panic selling is unavoidable, especially during the pandemic of COVID-19 because most of us temporarily don't have any jobs and we need money to provide our everyday needs, that is why it is hard for some people to hold bitcoin and to maintain their long term investment.

We are not talking about  the pandemic now, the drop was due to the 50 BTC being moved today.

And the market really reacted negatively, as we are not bordering on the $8k barrier again. As for those who have sold during the pandemic, I think most of them have liquidated already. It's been more than 2 months since the pandemic scare. And for those who have cash out today because of the news? Just taking profits strategy, and I'm sure that they will buy-back when the price goes on the < $9k.

[STT]

There is some natural contraction from the virus disruption but also most currencies are showing inflation from a great supply of new currency.     Its hard to call BTC especially bearish despite all this, its risen so much from the March bottom its back to where it was before any trouble so if anything its overly positive.
   We've passed through a weekly average and now trade below, that was represented in a large part of the selling today.   Its still could pull back to the 50 or 200 day average (both of which are rising now) and be reasonably intact medium term.

[BrewMaster]

There is some natural contraction from the virus disruption but also most currencies are showing inflation from a great supply of new currency.     Its hard to call BTC especially bearish despite all this, its risen so much from the March bottom its back to where it was before any trouble so if anything its overly positive.
   We've passed through a weekly average and now trade below, that was represented in a large part of the selling today.   Its still could pull back to the 50 or 200 day average (both of which are rising now) and be reasonably intact medium term.

i wouldn't say bitcoin is back to where it was before since there is still at least $1-$2.5k left to get to where it actually was before the virus ruined the world and the markets all around the world. but it is positive even with all the drama going around.
the recent small drop was also because of the "Satoshi sold his coins" FUD that were all over the internet trying to scare newbies into panic selling.

[OrangeII]

Unfortunately, panic selling can't be avoided completely, there will always be some users who are afraid of loss, don't have enough patience and think thus they can save at least some of their money.
Panic selling is usualy connected with unexperienced users so I think that sharing.information, education and positive experience can help to prevent panic selling.

panic in the crypto world sometimes leads to new investors or people who are afraid of losing their assets. Well, I see so many people writing negative comments when the price of bitcoin dropped from $ 9k to $ 5k in the past few months. Well, but, when they look at the current situation, it seems like they have regretted selling their assets. however, avoid panic sell when price developments are still potential.

[Mahanton]

Unfortunately, panic selling can't be avoided completely, there will always be some users who are afraid of loss, don't have enough patience and think thus they can save at least some of their money.
Panic selling is usualy connected with unexperienced users so I think that sharing.information, education and positive experience can help to prevent panic selling.

panic in the crypto world sometimes leads to new investors or people who are afraid of losing their assets. Well, I see so many people writing negative comments when the price of bitcoin dropped from $ 9k to $ 5k in the past few months. Well, but, when they look at the current situation, it seems like they have regretted selling their assets. however, avoid panic sell when price developments are still potential.

Panic sell is normal since we do know that we are just human beings where we do normally react into things specially when we do talk
about money and we know on how valuable to us and losing a portion of it will really give out that kind of emotion or panic into ones self.
Panic selling will surely give out negative impact most of the time but there are panic sells that do benefit out or saving up your ass
from crash and i have experienced this for several times which i can say that i'd somehow thankful into those circumstances.

[ningrum]

panic sell need not be avoided if the market situation is indeed downtrend, then all we have to do is sell it, or maybe you can hold.
but if you decide to hold, then you have to be patient if the price doesn't return to normal

[KTChampions]

i wouldn't say bitcoin is back to where it was before since there is still at least $1-$2.5k left to get to where it actually was before the virus ruined the world and the markets all around the world. but it is positive even with all the drama going around.
the recent small drop was also because of the "Satoshi sold his coins" FUD that were all over the internet trying to scare newbies into panic selling.

Perhaps you are right and the reasons for the fall are precisely in this. In this case, it is rather sad - I would not say that these are super significant events (for a protective asset), but they very much influenced its price. At the same time, a positive event occurred - halving, but it did not have a strong impact on the price of bitcoin. Apparently the negative situation in the global economy remains the main factor for all investors in all markets.