People are panic buying right now!

[Kelvinid]

Then we're going to see $100k.
But honestly, this is just another typical day for bitcoin that we're seeing. People are only buying when bitcoin is going up but when it's down, many of them don't feel that they should buy at that price because they think of the negative side. In result, they're in fomo and feel that there's a need to rush but the best strategy is to feel that every single price increase, you're part of it and when it's down, you knew what you have to do.

it has become the behavior of those who have a panicked soul. when the price starts to rise rush to buy and when the price fluctuates a little immediately panic again rush to sell again. they belong to the category of amateurs in the investment business and people do not dare to take risks in investing.

The real traders and investors won't have such a kind of mindset that is why they mostly succeed and are in profit. They keep themselves calm and acted seriously.

Emotions are a great enemy that is hard to control, like panicking is mostly what we feel especially when we don't have trust in crypto and ourselves. Might these buyers are in a panic to miss the train but I'm going to feel how fast they will sell when the price will start to dump. 

[LogitechMouse]

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

When the market is going down, people are panicking and they want to sell all of their holdings because they don't want to incur more losses.
When the market is going up, people are panicking and they want to buy whatever spare money that they have because they don't want to left by the wave.

For those investors who are doing those 2 things that I said above, I think it would be better if you will just not invest at all. Investing out of emotion is really a bad thing to do. Don't ever invest just because you feel that you need to and at the same time, don't cut losses because you are scared to see those portfolio of yours down double digit percentages. For those people who hold or at least bought at near $30,000 like me, I would say congratulations to all of us EZ profit .

[Kittygalore]

That's because of the mixture of hype and FOMO, now they want to get in hopefully not the halfway of the market, I just hope that the people that are panic buying right now have the patience to wait for the big profit even if the current pprices are going down. I am tired of hearing stories about buying at high price and panic selling at lower prices.

[ultrloa]

The real traders and investors won't have such a kind of mindset that is why they mostly succeed and are in profit. They keep themselves calm and acted seriously.

If they are not in profit they are in break even that's why we cannot see the experience trader crying on their losses in trading since they still manage their portfolio by doing something good decision regarding on how market turns at the moment.

Emotions are a great enemy that is hard to control, like panicking is mostly what we feel especially when we don't have trust in crypto and ourselves. Might these buyers are in a panic to miss the train but I'm going to feel how fast they will sell when the price will start to dump. 

Its hard to defeat our emotion especially we see a huge market price fall and I can't blame to others to get panic since we know we have different capacity on how we hold things towards our portfolios.

[justdimin]

When the market is going down, people are panicking and they want to sell all of their holdings because they don't want to incur more losses.
When the market is going up, people are panicking and they want to buy whatever spare money that they have because they don't want to left by the wave.

For those investors who are doing those 2 things that I said above, I think it would be better if you will just not invest at all. Investing out of emotion is really a bad thing to do. Don't ever invest just because you feel that you need to and at the same time, don't cut losses because you are scared to see those portfolio of yours down double digit percentages. For those people who hold or at least bought at near $30,000 like me, I would say congratulations to all of us EZ profit .

The main logic has always been "buy low, sell high" and anyone who doesn't do that is a loser. I have seen many many people like what you said, there are tons of people who buy when it is going up and sell when it is going down, it is really not a bad thing for any of us because we always need people who will sell to us when we want to buy at low and buy from us when it is high. I have to be fair and say that I do not sell at high neither, I should do that I know but I just do not like selling my crypto, I usually hold it, but at least I am not selling at low neither, I am just not selling at all.

However that doesn't mean that we should not be focusing on those who make a mistake of buying/selling at wrong places. What we should however focus on is the fact that if we follow "buy low/sell high" method then we are going to out-profit all of those people.

[rhodelmabanal]

Well most of the people are really panic buying right now. I think it is a very late action, but it is better than nothing, I am also not buying that time, but for now I will buy few amounts and I really do hope that btc will continue to rise up high before this year end. It is a little bit risky right not but I believe that risk comes with a profit if we didn't take the risk we also didn't earn and that's what crypto is.

[Lanatsa]

Well most of the people are really panic buying right now. I think it is a very late action, but it is better than nothing, I am also not buying that time, but for now I will buy few amounts and I really do hope that btc will continue to rise up high before this year end. It is a little bit risky right not but I believe that risk comes with a profit if we didn't take the risk we also didn't earn and that's what crypto is.

Why cant people do consider out on panic buying when market is already down or in red mode? People do really love to jump in when its gradually increasing without even thinking that they could really

make more profits if they had just able to get in earlier or when the price is still cheap compared to the current time.It isn't surprising though because majority would be having the same thoughts.

They cant really just dive in because the market could go down even more but if you are already having some experience then you would rather see this as an opportunity.

[Renampun]

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

people always do, buy when the market is green...

the crypto market is still filled with those who only follow fomo. the best time to buy is when the market is dip, but they don't do that because they don't have the knowledge and belief in Bitcoin. but those who buy btc at this time can be said to be quite lucky because the price of bitcoin has not reached $ 100k.

[rahmatrf331]

Well most of the people are really panic buying right now. I think it is a very late action, but it is better than nothing, I am also not buying that time, but for now I will buy few amounts and I really do hope that btc will continue to rise up high before this year end. It is a little bit risky right not but I believe that risk comes with a profit if we didn't take the risk we also didn't earn and that's what crypto is.

he's right bro, it's better to buy now than to have to wait for another price correction to the price of $30,000. because it's risky for sure if the price of bitcoin goes down again. but I think the price of bitcoin will continue to rise, as the rumors behind it are very convincing that bitcoin will break at the price of $ 60,000 after yesterday was dumped at the price of $ 30,000.

[n0ne]

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

people always do, buy when the market is green...

the crypto market is still filled with those who only follow fomo. the best time to buy is when the market is dip, but they don't do that because they don't have the knowledge and belief in Bitcoin. but those who buy btc at this time can be said to be quite lucky because the price of bitcoin has not reached $ 100k.

This is how the common mind of people work. When the market is at the bottom we fear it might go down and we won't be buying. When the market is on the bullish side people buy feeling we might miss the opportunity to buy low anymore. There were more predictions about the market reaching $100k this year, and the market now is growing in a much stabilized manner. The next update with bitcoin is said to be a game-changer. Better to invest before that takes place.

[bryant.coleman]

I was expecting this. When the prices went down as a result of the mining ban in China, there was a lot of panic and FUD. After the ATH was attained ($64,000 per coin), the prices fell steeply to $28,000. Those who kept the purchase target at $30,000 were able to accumulate BTC at cheap rates. On the other hand, those who waited for further lower rates were disappointed. And the recovery was very quick. The prices rose from $28,000 to $45,000 in a matter of days. Those who were waiting to purchase coins didn't even got time to modify their buy orders.

[rincoeng1986]

If this is true, we are probably going to see a lot of people that will come to this forum and rant about the dump in prices and how they regret buying at X price point because they're the people that OP here is talking about. I hope that they're not panic sellers too because if a rug pull happens, shit will hit the fan for the market and for those panic buyers.

now the bitcoin chart shows a downward flow, seems to be undergoing a price correction. Is this caused by their panic selling, if it is. it becomes a countercurrent, one sharp current vying to buy and another vying to sell. we are a little confused who will be the winner. let's see tomorrow the price of bitcoin is back in the pump or back in the dump!

[LUCKMCFLY]

There will always be people who buy in a panic, this is something that cannot be stopped, however there are many who are taking advantage to buy in the dip, many analysts see that BTC can even fall to $40k and the maximum they put it at $ 55k, this is relative, according to this analysis they show the following:

“Either we’re going to smack through it, and we’re running towards $55,000, or we’re going to not hit it and just reverse from here towards the low $40,000s, maybe high $30,000s.”

Source: https://cointelegraph.com/news/bitcoin-loses-4-in-challenge-to-bulls-push-for-50k-watch-these-btc-price-support-levels

Some whales hope that many more will panic, in fact, the whales are able to see the price and have it at $ 30k just to buy cheaper, however everything is in those who can withstand this fall, which is normal for it to occur.

[bakasabo]

If this is true, we are probably going to see a lot of people that will come to this forum and rant about the dump in prices and how they regret buying at X price point because they're the people that OP here is talking about. I hope that they're not panic sellers too because if a rug pull happens, shit will hit the fan for the market and for those panic buyers.

They wont go here. Usually people dont go to forums to complain how they have sold their assets for a price lower than they've bought. They will keep that their loss in private. Part of people come to this forum just to complain how they got scammed or seek for a miracle advice that will make them rich.

[Fortify]

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

I wish anyone who holds Bitcoin well, but it the value in it is already very saturated compared to many altcoins out there. It is much easier to move 1000% starting from a very low base in another cryptocurrency, than it is for Bitcoin to move every 5% upwards with its total market capitalization in the trillions already. There will always be a strong demand for all these assets while money is cheap - every government is printing money like crazy right now due to the pandemic, however one the monetary belt starts to tighten we might see cryptocurrency being one of the bigger victim as people flee back towards the traditional safe havens. Will Bitcoin prove itself as one of those safe havens in future? Who knows.

[Golftech]

If this is true, we are probably going to see a lot of people that will come to this forum and rant about the dump in prices and how they regret buying at X price point because they're the people that OP here is talking about. I hope that they're not panic sellers too because if a rug pull happens, shit will hit the fan for the market and for those panic buyers.

now the bitcoin chart shows a downward flow, seems to be undergoing a price correction. Is this caused by their panic selling, if it is. it becomes a countercurrent, one sharp current vying to buy and another vying to sell. we are a little confused who will be the winner. let's see tomorrow the price of bitcoin is back in the pump or back in the dump!

It happened when weekends were almost there, those who earned are now securing their profits. Plus those that

 fears to lose more are also cashing out for much lesser losses. It's difficult to conclude if what directions.

the market will go, all depends on how you understand the situation.

[EdenHazard]

If this is true, we are probably going to see a lot of people that will come to this forum and rant about the dump in prices and how they regret buying at X price point because they're the people that OP here is talking about. I hope that they're not panic sellers too because if a rug pull happens, shit will hit the fan for the market and for those panic buyers.

that is very normal to witness the ups and downs of investor / trader confidence especially when it comes to a huge world sentiment..
facebook to accept crypto/create their own cryptocurrency for instance > the market reacted well towards greenline,
and now amazon planning to accept bitcoin / crypto by the end this year ...a huge boosting! market reacted very well so far and the bull run is justt get started before its going to have a quite big correction, a hard one.

mostly, a newcomer didint see this coming,  they didnt anticipated it and the panic buying are inevitable.

[Mahanton]

If this is true, we are probably going to see a lot of people that will come to this forum and rant about the dump in prices and how they regret buying at X price point because they're the people that OP here is talking about. I hope that they're not panic sellers too because if a rug pull happens, shit will hit the fan for the market and for those panic buyers.

now the bitcoin chart shows a downward flow, seems to be undergoing a price correction. Is this caused by their panic selling, if it is. it becomes a countercurrent, one sharp current vying to buy and another vying to sell. we are a little confused who will be the winner. let's see tomorrow the price of bitcoin is back in the pump or back in the dump!

It happened when weekends were almost there, those who earned are now securing their profits. Plus those that

 fears to lose more are also cashing out for much lesser losses. It's difficult to conclude if what directions.

the market will go, all depends on how you understand the situation.

And we do have our own decisions towards our investment and not just really relying upon others ideas and sentiments because no matter how good it is still all random and no one could ever predict on where it would be going and this is why it is much better if you do make your own decision and would follow it because targetting the bottom is always been a question on where anyone couldnt really able to guess on where it would be heading.When there's time of FOMO then it turns out that people are really that in a hurry on not to miss out profits without even realizing that possible bull fakeouts could be there.
So we should be still be careful.

[Clavulanic]

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

It's just a temporary spikes that we encountered few hours ago, that doesn't actually a 100% panic buying, and I think those were just day traders trying to grasp the opportunity but eventually price went down to $44k.
On this stage, the correction happened that's why we're hoping that price would immediately recover after that scenario. During this fall I must say accumulation should be a good options to do now.

[Roidz]

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

I think only novice traders are panicking in the current price conditions, while for experienced traders who also strongly believe in bitcoin, of course they are currently enjoying the benefits of daring to buy bitcoin prices when they were down some time ago, of course when bitcoin prices in a stagnant position like now, of course it will be risky for us to buy it because the price of bitcoin can move in any direction suddenly either up or down.