dunfida
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November 18, 2021, 09:48:04 PM |
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What make people panic sell?
Because they're traders. Their main object is to try to accumulate fiat currencies. They're not really interested in Bitcoin. I would say 90% at least? People do mind off on making out some accumulation but in the end of the day they are still tending to accumulate fiat as much as they can but well we do have different targets and beliefs. Some might stick out on being supportive and some do really just target out on having more profits doesnt matter whether in fiat or in crypto. As long they do pertain that kind of motive.
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STT
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November 18, 2021, 10:41:22 PM |
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Panic sell often comes at the end of the move, they lose their stamina to hold BTC further. Its the one time forums should be useful in providing another perspective besides your own, plenty people here can remember BTC at 100 and really losing 10k now is a big red move but overall we havent really lost even then.
Ironically panic sell is a signal to buy but in a measured way, perhaps 1/10th of your budget for a year could go in on panic. Right now its nowhere near that, just a pullback dismal but can still recover in the same way. When people can no longer see the recovery it can turn to panic.
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Golftech
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November 19, 2021, 12:24:38 AM |
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Panic sell often comes at the end of the move, they lose their stamina to hold BTC further. Its the one time forums should be useful in providing another perspective besides your own, plenty people here can remember BTC at 100 and really losing 10k now is a big red move but overall we havent really lost even then.
Losing that value creates fears. Not everyone knows how the market works. Some are just here because of the previous hypes, They invested their money in hope of riding with the hypes and make a good amount of profits. We can't convince them that we are not losing from their understanding the value of fiat is more important. Ironically panic sell is a signal to buy but in a measured way, perhaps 1/10th of your budget for a year could go in on panic. Right now its nowhere near that, just a pullback dismal but can still recover in the same way. When people can no longer see the recovery it can turn to panic.
That is right, to those who can survive to these corrections. Adding more to your assets is still considerable, believing in your investment will lead you to a much better success.
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bitcoinblog
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November 19, 2021, 07:04:52 AM |
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I never panic sell , but every human have a limit to hold things after that they will surely sell it. I never bought Bitcoin but earned it from different sources and whenever i feel its time to sell and get some money for the daily use then i sell it. Every weekend or month end you can see 2-3 times bitcoin price dumped due to such holders too. After all Bitcoin is money and just holding it and not using it is of no use. Right ?
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dEjAvOU
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November 19, 2021, 07:44:01 AM |
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Panic sell because the price drop is significant, like today I panicked because many of my crypto assets dropped more than 10%, immediately exchanged to stable coins such as USDT and BUSD I often do to avoid bigger losses, besides the drop market panic sell occurs because many negative issues such as getting banned from big countries like China or South Korea.
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HUSTLER
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November 19, 2021, 03:59:49 PM |
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This is a normal situation. When people hear negative news about Bitcoin, they will choose to sell. They are newbies to cryptocurrency and they are afraid of failure. This is also the reason why most newcomers fail to invest. This will also be the experience accumulated for their future investment, and the wasted opportunity can only be missed. The potential of Bitcoin in the future is still worth long-term investment
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kotajikikox
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November 20, 2021, 08:21:16 AM |
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We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination. But why the hell people panic sell now after it reach this high amount? Do people really still think it goes to 0?
There soulnd't be any sale presure given the history that we see Bitcoin only going up in value
because most of them don't really understand market or much better to say that they are not giving trust in the crypto they are investing instead all they want is to seek easy money that is the same reason of why they become loser. You are pointing in long term investing and the reason why we are here but many of us don't wanna hold unto this and all they wanted to buy and sell and earn instantly .
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chikading2016
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November 20, 2021, 10:09:05 AM |
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The only thing that make people panic sell is that they are always afraid to loss or they are afraid to hold when they saw the bloody market they always do panic selling to prevent a big loss because of the dropping of the price of the coin that they are holding without knowing the fact that because of that greed they will always lose. We need to always remember that we cannot loss if we don't sell in at loss.
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Fritwakky
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November 20, 2021, 10:33:25 AM |
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What make people panic sell?
Because they're traders. Their main object is to try to accumulate fiat currencies. They're not really interested in Bitcoin. I agree, but often it's because someone has just been persuaded by someone else to invest and he don't really know in what he invested. It is these random investors who most often panic when there is a sharp change in the price.
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Mahanton
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November 21, 2021, 09:47:34 PM |
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What make people panic sell?
Because they're traders. Their main object is to try to accumulate fiat currencies. They're not really interested in Bitcoin. I agree, but often it's because someone has just been persuaded by someone else to invest and he don't really know in what he invested. It is these random investors who most often panic when there is a sharp change in the price. And this is where learning comes from on where you would really be losing up money if you dont know on what you are into specially on investing matters which would really be a reason for you on losing money and thats the time you would really be making your steps on learning further more and panic sell is a very common kind of act because we dont like on losing money which we would normally making such action on cutting loss and thats why we panic sell.We dont really mind if we sell on loss or below on our buying point.
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Fritwakky
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November 21, 2021, 10:21:00 PM |
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What make people panic sell?
Because they're traders. Their main object is to try to accumulate fiat currencies. They're not really interested in Bitcoin. I agree, but often it's because someone has just been persuaded by someone else to invest and he don't really know in what he invested. It is these random investors who most often panic when there is a sharp change in the price. And this is where learning comes from on where you would really be losing up money if you dont know on what you are into specially on investing matters which would really be a reason for you on losing money and thats the time you would really be making your steps on learning further more and panic sell is a very common kind of act because we dont like on losing money which we would normally making such action on cutting loss and thats why we panic sell.We dont really mind if we sell on loss or below on our buying point. In my opinion, it is not good that someone is investing in something they have no idea, and when the price drops quickly for a while, they start to panic. Learning should come from observing the market first. The fact that panic arises in the market is due to the mistake of people who did not research the cryptocurrency market before.
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Kadal Ijo
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November 22, 2021, 07:41:15 AM |
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What make people panic sell?
Because they're traders. Their main object is to try to accumulate fiat currencies. They're not really interested in Bitcoin. I agree, but often it's because someone has just been persuaded by someone else to invest and he don't really know in what he invested. It is these random investors who most often panic when there is a sharp change in the price. And this is where learning comes from on where you would really be losing up money if you dont know on what you are into specially on investing matters which would really be a reason for you on losing money and thats the time you would really be making your steps on learning further more and panic sell is a very common kind of act because we dont like on losing money which we would normally making such action on cutting loss and thats why we panic sell.We dont really mind if we sell on loss or below on our buying point. In my opinion, it is not good that someone is investing in something they have no idea, and when the price drops quickly for a while, they start to panic. Learning should come from observing the market first. The fact that panic arises in the market is due to the mistake of people who did not research the cryptocurrency market before. Right, if we don't know about cryptocurrencies and only rely on instinct then we will panic, it's better to learn and look for the right information about crypto, because many discussions on facebook or other social media only tell us to invest by providing evidence that he has made big profits,
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KennyR
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November 22, 2021, 11:08:38 AM |
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What make people panic sell?
Because they're traders. Their main object is to try to accumulate fiat currencies. They're not really interested in Bitcoin. I agree, but often it's because someone has just been persuaded by someone else to invest and he don't really know in what he invested. It is these random investors who most often panic when there is a sharp change in the price. And this is where learning comes from on where you would really be losing up money if you dont know on what you are into specially on investing matters which would really be a reason for you on losing money and thats the time you would really be making your steps on learning further more and panic sell is a very common kind of act because we dont like on losing money which we would normally making such action on cutting loss and thats why we panic sell.We dont really mind if we sell on loss or below on our buying point. In my opinion, it is not good that someone is investing in something they have no idea, and when the price drops quickly for a while, they start to panic. Learning should come from observing the market first. The fact that panic arises in the market is due to the mistake of people who did not research the cryptocurrency market before. Right, if we don't know about cryptocurrencies and only rely on instinct then we will panic, it's better to learn and look for the right information about crypto, because many discussions on facebook or other social media only tell us to invest by providing evidence that he has made big profits, Through social media right things about the market too is getting shared. We should have the Knowledge to find out which is the truth and which is a mesmerizing investment. Years back the panic waves were created by the whales in the market. Nowadays this has changed a lot as people are mature and has got better learning about the market. These days the price correction used to create some panic among the common people who aren't a big holder of cryptocurrencies, whereas the whales and day traders try to make good profit by the time.
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Sirait
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November 22, 2021, 08:37:01 PM |
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We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination. But why the hell people panic sell now after it reach this high amount? Do people really still think it goes to 0?
There soulnd't be any sale presure given the history that we see Bitcoin only going up in value
those who panic sell have no other reason than to think the asset they hold will continue to experience price declines, have problems or go to zero. while those who stay afloat are those who are optimistic about the future of the assets they hold and think that the current price will not last forever. Changing the mindset is the best way to profit from crypto in the future.
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STT
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November 22, 2021, 10:35:47 PM |
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I relate panic sell to a bull whip in that its a chain reaction effect and the last point of the whip accumulates so much momentum that it can break the sound barrier, just a simple leather whip can do this. The crack sound of the whip is so loud as its the same as the boom of an aircraft passing the speed of sound, this relates to the natural dynamic in a market that somehow impossible things start to occur. The blatant obvious facts we knew at start of the day become secondary to the hype or in this case panic fear to drop everything and run, it is surprising but every part of the market can end up wanting to sell at once and we get vastly inaccurate pricing. This is human instinct, its nature and its thousands of years old in history and still true now with this latest technology. The extremes of price are often incorrect but they happen anyway as market demands a price; the buyer of last resort to a seller who wants rid of their fears may be offered a very low price & the seller at the top of the market demands a silly price but both can happen in that moment.
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sovie
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November 22, 2021, 10:45:31 PM |
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We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination. But why the hell people panic sell now after it reach this high amount? Do people really still think it goes to 0?
There soulnd't be any sale presure given the history that we see Bitcoin only going up in value
those who panic sell have no other reason than to think the asset they hold will continue to experience price declines, have problems or go to zero. while those who stay afloat are those who are optimistic about the future of the assets they hold and think that the current price will not last forever. Changing the mindset is the best way to profit from crypto in the future. This is not exactly how you write. In my opinion, there are two reasons why panic sell occurs. 1. Speculators sell Bitcoins in order to make panic sell and buy back Bitcoin cheaper. And they do it because they know that: 2. New and inexperienced investors (weak hands) who are not immune to sharp movements in Bitcoin price will sell everything out of fear. It's just a game that goes on all the time between sharks and little fish.
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dunfida
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November 22, 2021, 11:42:58 PM |
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We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination. But why the hell people panic sell now after it reach this high amount? Do people really still think it goes to 0?
There soulnd't be any sale presure given the history that we see Bitcoin only going up in value
those who panic sell have no other reason than to think the asset they hold will continue to experience price declines, have problems or go to zero. while those who stay afloat are those who are optimistic about the future of the assets they hold and think that the current price will not last forever. Changing the mindset is the best way to profit from crypto in the future. If you invested on the money that you cant afford to lose then you would really be thinking off on cutting losses which you would really be panicking whenever these things happen. Even if you are experienced or not you would really be still have this kind of feeling whenever we do see some declines which cant really be avoided and i cant really blame out people on having these kind of reactions. Panic sell is common but with having due experience you could at least able to control yourself.
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arufox
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December 01, 2021, 03:46:27 PM |
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We saw the past from $10 to 60k is going up and up. So it sure it will reach $500k next destination. But why the hell people panic sell now after it reach this high amount? Do people really still think it goes to 0?
There soulnd't be any sale presure given the history that we see Bitcoin only going up in value
Sometimes people who are new to investing in crypto are afraid of missing out on something and tend to make mistakes or panic selling, especially when the market trend is in a downturn because they think the price of bitcoin will not rise again after falling. Therefore, in investing or trading in cryptocurrencies managing your feelings of panic becomes very important. Especially after seeing the Bitcoin price drop after scoring an all-time high. The best thing you can do is think of an investment strategy and fundamental technical analysis in an effort to improve your financial condition and achieve the goals you have set before.
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ReiMomo
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Duelbits - $100k Bonus/week
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December 01, 2021, 06:56:51 PM |
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Everyone has a target/aim of certain profit. If that's achieved then yes they sell their Btc and wait until they do see a low price to buy. And yes the panic sell and buy usually happens when there is a sudden news heard on social medias and often it happens to the new traders. They see their friends getting profits and invest without much knowledge and experience. The get shaken when they see either price going high suddenly up or down. This move only can be eradicated only when they slowly get experienced with losses.
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rahmatrf331
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Activity: 588
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December 02, 2021, 09:22:09 AM |
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Everyone has a target/aim of certain profit. If that's achieved then yes they sell their Btc and wait until they do see a low price to buy. And yes the panic sell and buy usually happens when there is a sudden news heard on social medias and often it happens to the new traders. They see their friends getting profits and invest without much knowledge and experience. The get shaken when they see either price going high suddenly up or down. This move only can be eradicated only when they slowly get experienced with losses.
a lot of people like that and I also experienced like that. Panic can result in a lot of losses. but all will be under control over time. The incident of panic selling assets has become a culture for beginners in investing in the crypto world and continues to do so, so as an investor you need to control yourself when negative issues occur.
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