People are panic buying right now!

[STT]

People who panic to buy, panic to sell also I figure so I'm waiting to see weakness tested.   Lows this week were about the 200 day average which is an indicator not support by itself, we'll see if that was enough to end any negativity going forward.



This is just an idea but if we are to close below the trend (weekly closing bars) and it proves significant then we should move down more then just a little.   Of course BTC always wants to prove me wrong or quite simply go sideways for extended periods of time which is about the same thing.
  I'm told markets can correct not only through price but also through time meaning a trade can just out last out all speculators and eventually go upwards anyway despite displaying weakness at some time previous.   Thats because many buyers deliberately spread out their buying to avoid spiking the market.   Anyhow I think we remain strong but I want to watch for this break scenario just in case.

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[Kong Hey Pakboy]

Panic buying sounds better than panic selling, sometimes price movements do make them out there feel regret and sometimes like getting the right predictions to get the results they want.
With price fluctuations that continue to occur as it is today, this is like a natural occurrence that makes Bitcoin more durable/long-lived and more in demand from various investors.

It's not better sounding because they're more likely FOMOing which is a bad thing because when they do that and bitcoin suddenly goes down, they'll be followed by panic selling which is definitely going to happen because I am sure that those people are easily influenced by short-term fluctuations of the market.

[freedomgo]

Panic buying sounds better than panic selling, sometimes price movements do make them out there feel regret and sometimes like getting the right predictions to get the results they want.
With price fluctuations that continue to occur as it is today, this is like a natural occurrence that makes Bitcoin more durable/long-lived and more in demand from various investors.

It's not better sounding because they're more likely FOMOing which is a bad thing because when they do that and bitcoin suddenly goes down, they'll be followed by panic selling which is definitely going to happen because I am sure that those people are easily influenced by short-term fluctuations of the market.

most who do that are greedy people who want a quick profit in the hope that the price of bitcoin continues to increase.
very true as you said the bad effect is when the market price is not as desired the price goes back down then they will panic sell and hold losses.
Trading is a matter that is full of consideration to achieve good results, not just following the market flow. Buying when prices are slowly high and selling when prices are falling is a big mistake that will cause a lot of losses.

Whatever we call other people, it does not matter anymore as most of us are greedy, we want to maximize our profit. At the end of the day, it boils down on how effective our strategy is, if it will result to a profit, then good, if not, then we have to accept and improve that strategy so we will survive being an investor or trader in the crypto world.

[coin-investor]

when the price starts to bull market, there must be panic buying in the market. and vice versa when the price starts to fall repeatedly, the fomo will also be on the market. in my opinion, it is this habit that makes people greedy in determining their trading style. if I myself because I have decided to invest and trade long term so stay relaxed looking at the market.

People especially newbies have a FOMO mindset they don't want to be left behind they are more confident in buying when the price is going up instead of buying when the price is going down when the best advice is to buy cheap and sell low, but they don't want to be positive when the market is going down, they don't want an opportunity to make a future profit and it will only happen when the market is in bear.

[pinggoki]

Panic buyers and sellers will always be a part of the cryptocurrency ecosystem. Although of course, just because it happens a lot doesn't mean it's normal. Then again this is mostly caused by FUD brought about by most cryptocurrencies' high volatility rate, which always acts as a double edged-sword that could either rake in thousands of dollars for the investors or leave them penniless in one sitting. Honestly I grew tired of these people because no matter what happens they would always be there, most of them investing money they can't afford to lose which is a big no-no in investing.

Panic buying sounds better than panic selling, sometimes price movements do make them out there feel regret and sometimes like getting the right predictions to get the results they want.
With price fluctuations that continue to occur as it is today, this is like a natural occurrence that makes Bitcoin more durable/long-lived and more in demand from various investors.

It's not better sounding because they're more likely FOMOing which is a bad thing because when they do that and bitcoin suddenly goes down, they'll be followed by panic selling which is definitely going to happen because I am sure that those people are easily influenced by short-term fluctuations of the market.

Honestly both are bad and wouldn't cause bitcoin any good in the long run, but both exist for a reason. They are there because they either can't afford to lose the money they invested on, or flat-out just FOMOing and FUDing their brains out causing them to do these things. Whichever it is, it is to be expected that once bitcoin reaches a much more stable state, they'd slowly lose traction on the market and would eventually fade out completely.

[South Park]

Exactly that is what is happening right now. The market is on the rise at a high pace. People who see this don't want to miss the opportunity of investing into cryptocurrencies and making a good profit. They are just FOMOing now. And FOMO is not a very good thing. It can make someone lose a lot of money in some situations. People should be aware of this before making an investment. Panic-buying is not your friend.

But you know what is the worst thing? I think they are going to get profits out of this FOMO which means that the next time this happens they are going to do the same thing again thinking they are going to get profits and may even use leverage and when that happens then they are going to face huge consequences as they will lose a great deal of that money, this is why it is important to buy when there is a dip and not when the price is going up, but people like that will probably never get this.

Many people just come into crypto and started investing when the market is hot and it is hyped. I'm so doubtful about this idea but it looks like it was been a practice my most. And this could be the reason for many people are suffering losses and they just blame Bitcoin instead of blaming themselves as that was obviously their fault.
I don't know why, but this FOMO,  panic buying are the things that we need to stop otherwise, we can never see good on us but just a losing ends.

It is going to be incredible difficult for people to stop this kind of behavior because as we know the markets are driven by emotions, so while in theory every single decision that you take in the market should be based on the information you have, the knowledge you have accumulated and the experience that you have as a trader or investor the truth is that most of the decisions that are taken in the market do not take into consideration any of those three factors and people only use their emotions, which is a clear mistake, but that is what people do.

[stadus]

when the price starts to bull market, there must be panic buying in the market. and vice versa when the price starts to fall repeatedly, the fomo will also be on the market. in my opinion, it is this habit that makes people greedy in determining their trading style. if I myself because I have decided to invest and trade long term so stay relaxed looking at the market.

People especially newbies have a FOMO mindset they don't want to be left behind they are more confident in buying when the price is going up instead of buying when the price is going down when the best advice is to buy cheap and sell low, but they don't want to be positive when the market is going down, they don't want an opportunity to make a future profit and it will only happen when the market is in bear.

That usually results in a loss based on my experience, I also once was a newbie that has no idea the real situation inside the market, and just learn to be more patient and play the game right because I learn from my experience, so maybe they will learn from their mistakes not to be too emotional when it comes to investing, always use the mind as FOMO is always a great opportunity to sell, not to buy.

[Hamphser]

when the price starts to bull market, there must be panic buying in the market. and vice versa when the price starts to fall repeatedly, the fomo will also be on the market. in my opinion, it is this habit that makes people greedy in determining their trading style. if I myself because I have decided to invest and trade long term so stay relaxed looking at the market.

People especially newbies have a FOMO mindset they don't want to be left behind they are more confident in buying when the price is going up instead of buying when the price is going down when the best advice is to buy cheap and sell low, but they don't want to be positive when the market is going down, they don't want an opportunity to make a future profit and it will only happen when the market is in bear.

That usually results in a loss based on my experience, I also once was a newbie that has no idea the real situation inside the market, and just learn to be more patient and play the game right because I learn from my experience, so maybe they will learn from their mistakes not to be too emotional when it comes to investing, always use the mind as FOMO is always a great opportunity to sell, not to buy.

The more you do engage with the market the more learning you would get and this is where people do really make even more better as the days comes on.We dont start up on being a pro
directly on dealing up with new things.

There are really just people do make out actions due on being a noob but those would later change out as you do gain knowledge along the way.

When it comes to panic buying which is simply a FOMO then this is something that nothing rare on this market.

[BuNga_cute]

~

~

Sometimes we don't appreciate what Bitcoin has achieved this year, I agree don't be too obsessed with the $100k price. Even if the $100K goal failed
to reach this year, it will someday be achieved. And it doesn't mean Bitcoin is bad if it doesn't reach the target we want. Because as long as we can
make a profit from investing in Bitcoin, that's something to be grateful for. As long as Bitcoin is still on the right track as it is now, I believe holding
Bitcoin is a profitable thing to do.

Normal for people do have this kind of common impression which we arent really that grateful on things that we had achieved now.If we do really compare those past prices then we could really
tell that we have reached too far but im not surprised that people wont really be that contented into those numbers that we are seeing as of this moment. Reactions and actions would be
made will be basing into their own perception and views towards things and this is where people do have different takings towards their investment
Some do panic buy and some doesnt really care at all.

The fact is that humans are creatures who are never satisfied, so no matter how high the achievement of Bitcoin is, there will be many people who
want the price of Bitcoin to rise even higher. I agree with you, if we compare the price of Bitcoin the previous year, it is very far from the price of
Bitcoin today. But many people are not grateful for the profits they make now, they want to make even bigger profits. In fact, I have found that
some people risk everything to invest in Bitcoin, without them thinking about the risks they will face. Finally, when the price of Bitcoin started to
rise near the price of $50k, I saw panic buying occurred, therefore the price is now stable above $45k. This is actually a positive thing to buy Bitcoin,
but it's best to invest in Bitcoin only using the extra money we have. Because we will never know whether Bitcoin will continue to rise or correction first.

[STT]

I believe BTC has some trend failure and now also momentum failure over the last few days.  I'm wondering if it can resolve itself without price correction just over time going sideways but really i think we do need to settle lower and find volume buying to challenge this amount of (potential) speculative profit taking.  Its not a serious sell but quite normal to occur, I put in some Fib retracement levels as a guide and it fits previous possible support areas also

[Ibrahim60]

Panic buying and selling is bad. People who haven't enough knowledge about investing or trading, they see the bull run and used to panic sell and panic buy. Its the cause of lose money. Sometime people don't judge anything, because of greediness they buy some coin and after the market down they lost their money and going to be mad. Who have enough knowledge about investing and trading, they never used panic buy or sell.

[Raflesia]

Panic buying and selling is bad. People who haven't enough knowledge about investing or trading, they see the bull run and used to panic sell and panic buy. Its the cause of lose money. Sometime people don't judge anything, because of greediness they buy some coin and after the market down they lost their money and going to be mad. Who have enough knowledge about investing and trading, they never used panic buy or sell.

This means that they never want to be patient by waiting for something right in the market, sometimes panic occurs due to FOMO or being dumped, that's people who have no ability with themselves in the market so that when there is a slight movement their hands will click on it to sell and panic at the same time. pumping occurs.

I don't know what should happen but we have to get used to the market situation that is moving then that will be the way of our experience in trading, I never deny whether it will be like this or not.
But there is a saying that if you hold back you can get rich, maybe that's a solution for those who like to panic.

[EdenHazard]

People who panic to buy, panic to sell also I figure so I'm waiting to see weakness tested.   Lows this week were about the 200 day average which is an indicator not support by itself, we'll see if that was enough to end any negativity going forward.



This is just an idea but if we are to close below the trend (weekly closing bars) and it proves significant then we should move down more then just a little.   Of course BTC always wants to prove me wrong or quite simply go sideways for extended periods of time which is about the same thing.
  I'm told markets can correct not only through price but also through time meaning a trade can just out last out all speculators and eventually go upwards anyway despite displaying weakness at some time previous.   Thats because many buyers deliberately spread out their buying to avoid spiking the market.   Anyhow I think we remain strong but I want to watch for this break scenario just in case.

Panic to buy and suddenly... things get worse to fall even more than what most people anticipated.
there is a lot of institution with huge cash recently and thats a huge concern for me , the sudden freefall could possibly happened soon ... i pretty curious about this as when people expecting a quick and high hopes in bitcoin .. sometimes its a golden times for those who have been in green area  profiting from the last dip to sell at tops and that time is now.

beware just beware it's a trap!

[South Park]

Panic buying and selling is bad. People who haven't enough knowledge about investing or trading, they see the bull run and used to panic sell and panic buy. Its the cause of lose money. Sometime people don't judge anything, because of greediness they buy some coin and after the market down they lost their money and going to be mad. Who have enough knowledge about investing and trading, they never used panic buy or sell.

Unfortunately things are never so straightforward, even if you have great knowledge about trading and you know everything that you must do that does not necessarily means that when the time comes you are going to do what your strategy wants you to do, this is why it is called panic selling and panic buying, people let their emotions to take control of them and then act on them, and as a result they buy or sell at terrible levels and regret their decision but if faced with those circumstances yet again they will make the same mistakes.

[Roidz]

Panic buying and selling is bad. People who haven't enough knowledge about investing or trading, they see the bull run and used to panic sell and panic buy. Its the cause of lose money. Sometime people don't judge anything, because of greediness they buy some coin and after the market down they lost their money and going to be mad. Who have enough knowledge about investing and trading, they never used panic buy or sell.

usually beginners who are new to cryptocurrencies who experience things like that, because they usually only follow instinct and also the hype that occurs in the market without analyzing price movements before making a decision to buy or sell crypto, so that without them realizing they start to get caught between the possibilities in the event of a loss, I think as a trader we should be able to analyze market conditions and also some factors that might affect the crypto we buy so that at least we can make the right decision to enter or not on the market.

[Dhaniii]

Panic buying sounds better than panic selling, sometimes price movements do make them out there feel regret and sometimes like getting the right predictions to get the results they want.
With price fluctuations that continue to occur as it is today, this is like a natural occurrence that makes Bitcoin more durable/long-lived and more in demand from various investors.

yes that's right, buying sell is better than panic selling. the higher the demand for bitcoin, the more pump the market price. a lot of future information benefits when people rush to invest when the market price begins to soar, so that the market price bubble is getting stronger again. don't ever think that other people regret those who fail to buy when the market price drops $30k, because always expect the market price to fall to $20k.

[Pulsar77]

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!

We actually see this scenario whenever Bitcoin price starts increasing at a decent or high rate. There are so many people who FOMO. They just can't help about buying Bitcoin when they see many people starting to buy Bitcoin and making profit. This is some kind of a chain actually. With the help of this also, the demand increases very highly. And it helps the price increase even easier than before as it becomes easier to break resistance levels.

[Maheshkumar_Hrangkhawl]

I could see a sense of urgency form some of the experienced traders to accumulate as many coins as possible. In the recent weeks, there have been a number of rumors about big companies accepting Bitcoin. First it was Amazon (which was partially refuted by the company officials), and after that it was Walmart. And a couple of days ago, one Twitter official confirmed a data leak claiming that they are working on a Bitcoin tipping function for the users of the micro-blogging site. I will just say one thing. In the next 6-12 months, there is going to be huge leap in acceptability for Bitcoin. And who knows, this may be your last opportunity to accumulate coins at five-digit prices.

[xmonkeyx]

there is nothing wrong with buying at this time but if the reason for buying is because they see prices continue to increase and they buy with the hope that the positive trend will continue I think it will cause a lot of problems when reality does not match the wishes so the possibility of panic will lose assets to cause losses will occur because the bitcoin price market situation continues to experience very fast movements, both high and low price movements.

[newwest]

Around 30-35k was the best price available to accumulate the btc and people had ample opportunities during that phase. But those who were skeptical are now buying at 50k price range. But for those who continued to hold or bought at that time are now enjoying their portfolio grow and will continue to grow in coming time as well. Those who are buying now, continue to do in phases rather than buying all at once.