Are we going to see another PANIC | Bitcointalksearch.org

peter0425

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Quote from: Little Mouse on March 08, 2020, 11:48:36 PM

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?

Not in the near future because observing the market now it seems like Bullrun has finally started and what we are seemingly having is some Correction and small selling while majority now are on hold and focusing in the coming movement of each coins specially the top 3 coins.

Zemomtum

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I think this should now be a mere speculation as people are more confident in BTC than any other tokens/coins and there is no any form of panic. It is the best thing that can happen to us at this era where we are not a custodial of our own bank.

blckhawk

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Quote from: Little Mouse on March 08, 2020, 11:48:36 PM

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?

Well look at it now Bitcoin is drastically increasing hitting the mark of $19k which is the highest price we have seen so far since the 2017 bull run. I can't imagine the emotions of those people who had panic and sell their holdings at an early stage.

Quote from: kentrolla on November 23, 2020, 10:09:22 AM

If you are trading just enjoy each and every moment at this point of time short term investors are taking the credibility than long term investors.

Trust me you can earn even in day trading as the fluctuations are extremely good that's the thing you need in day trading buy/sell for small profits and make as money as much as you can, BTC is giving multiple options now the choice is yours.

Yeah, I'd say you got a point there. After all, it will always where we are comfortable with whether you are into day trade or long-term trade, both can be profitable but they will only vary on the risk exposure. Of course, day trading requires more experience coz you gotta make your own TA.

Russlenat

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Quote from: sayaya17 on November 23, 2020, 10:39:19 AM

I think regarding the market right now that is bullish, especially by looking at the rising price of bitcoin, there are some groups that are looking for a temporary profit by selling bitcoin.

The market is compose of different group, those who sell or buy in short term or long term, and those who short or long the market.
It's a different interest therefore don't expect that because it's bullish now, it will be forever bullish, I'm sure the past has already teach us how to make a smart decision this time.

Quote from: sayaya17 on November 23, 2020, 10:39:19 AM

The case for panic at this bullish moment was when the announcement of the winner of the U.S. presidential election Biden. Bitcoin briefly dropped, but rose again quickly. Perhaps there are some groups that sell their bitcoins and some who panic sell. But quickly the price of bitcoin recovered again, as many bought back. Now even the price of bitcoin exceeds $18K.
I don’t know what will happen now at the time of bitcoin correction. whether to be accompanied by panic sell or not

I don't know the reason why the presidential announcement of the US president has something big to do with bitcoin, these people dictating the market movement now may easily dump it, so be careful with that, always be alert, don't get caught and forget about HODL for a while.

Time to make profit now.

Lorokan

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Quote from: kapalmabur on November 20, 2020, 07:42:53 AM

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.

I do not agree with you on this; as a trader you have no business fighting or balancing your emotions when trading or investing. As a trader you need to take charge of your emotions; you need to take charge of your mental health; figure out when you are fit or unfit to trade; and always ensure that you understand the emotions on play at the market before investment.

sayaya17

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I think regarding the market right now that is bullish, especially by looking at the rising price of bitcoin, there are some groups that are looking for a temporary profit by selling bitcoin.
The case for panic at this bullish moment was when the announcement of the winner of the U.S. presidential election Biden. Bitcoin briefly dropped, but rose again quickly. Perhaps there are some groups that sell their bitcoins and some who panic sell. But quickly the price of bitcoin recovered again, as many bought back. Now even the price of bitcoin exceeds $18K.
I don’t know what will happen now at the time of bitcoin correction. whether to be accompanied by panic sell or not

kentrolla

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Quote from: kapalmabur on November 20, 2020, 07:42:53 AM

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.

If you are trading just enjoy each and every moment at this point of time short term investors are taking the credibility than long term investors.

Trust me you can earn even in day trading as the fluctuations are extremely good that's the thing you need in day trading buy/sell for small profits and make as money as much as you can, BTC is giving multiple options now the choice is yours.

Japinat

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Quote from: carlisle1 on November 23, 2020, 04:04:44 AM

Quote from: Little Mouse on March 08, 2020, 11:48:36 PM

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?

Seems like that was the last panicking happen this whole year because as we can see in market we are entering the Bull market once again and if ever there is a fall maybe just a little comparing to what we have last March.
And also People here now are learning from their past mistakes that Panicking will bring them nothing but losses and bitterness.
And also it is not Only Bitcoin who has been sold in the last pandemic instead almost every coin that has been in hands of holders being withdrawn and just converted to bitcoin before fiat.

Panic always happens in the market, whether panic buying or selling, manipulators are still dominant here.

What we have witnessed in the past days was just a small dump, bitcoin is back in action again but always expect the possibility of bitcoin going back to $17k and even lower, it's normal as it has pumped so much in just a short period of time, correction really is needed.

carlisle1

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Quote from: Little Mouse on March 08, 2020, 11:48:36 PM

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?

Seems like that was the last panicking happen this whole year because as we can see in market we are entering the Bull market once again and if ever there is a fall maybe just a little comparing to what we have last March.
And also People here now are learning from their past mistakes that Panicking will bring them nothing but losses and bitterness.
And also it is not Only Bitcoin who has been sold in the last pandemic instead almost every coin that has been in hands of holders being withdrawn and just converted to bitcoin before fiat.

KTChampions

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Quote from: Ayiranorea on November 21, 2020, 06:26:12 PM

Quote from: KTChampions on November 20, 2020, 12:49:56 PM

It is likely that the current growth will attract many micro-investors who will try to get easy and quick money on the growth of bitcoin. In the event that a serious correction occurs, they will sell bitcoin at any price since they do not understand the crypto market. Therefore, an option with a panic sale is very likely.

This time the chance of panic sell is low. Previously the market jumped high and dropped low in high margin. This really creates panic among the traders and investors who are new to the market. This time the market is quite stable and growing without much of hype and much of sideway deviation. Panic wave won't happen unless a major crash happens, and if something unexpected happens suddenly the market gets pulled down drastically as people tend to take back the profit which directly affect the marketcap.

Why do you think that nothing unexpected can happen now? Right now, this is very likely - I see great instability in all important areas: politics, economics, medicine. In addition, unforeseen crashes of exchanges always happen, the reasons for which we learn only from the news.

Furious 7

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Quote from: Russlenat on November 22, 2020, 07:04:51 AM

It has started, and I think this is it, the correction that we are expecting and I don't know how low it will dump.
From $18k+, bitcoin is now only traded at $17600, makes bitcoin dropped 5% in less than 24 hours, and it's not done yet for sure.

Brace yourselves for a possible big dump to come!

No, bitcoin remains intact trading $ 18k + and see with that base drop back quickly so I think this is just the start to go up to $ 20k in the near future.
Still, we will correct what happens in the future, but in my opinion the trash will not come, but history will repeat itself this year and we must prepare when it soars.
I've been speculating that this will soon come in the not too distant future.

redsun114

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I doubt that people would ever panic the way they did during 2018. Nowadays there are people who sell 100+ million dollars worth of bitcoin during this period and it was all eaten up by the order book and the price kept going up, or had a small fall but went back up very quickly.

I have seen it with my own eyes, the price was around $17k or a bit higher and it went down under $17k to levels like $16.8k for a while because of a HUGE sell pressure, and order books just took that all dropped a bit and kept moving forward easily without ever crashing. Nobody acted with panic, nobody got scared, everyone just kept on chugging without stopping and kept on buying. That means panic is something real in crypto world but not looking like a big deal right now.

pucunghul

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have you prepared yourself to see the increase that will occur?
Bitcoin has not undergone a correction, and it is clear that a correction will come and make panic selling occur.

Russlenat

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It has started, and I think this is it, the correction that we are expecting and I don't know how low it will dump.
From $18k+, bitcoin is now only traded at $17600, makes bitcoin dropped 5% in less than 24 hours, and it's not done yet for sure.

Brace yourselves for a possible big dump to come!

virasog

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Quote from: plr on November 22, 2020, 03:56:47 AM

We will only see that after we hit another all-time high and investors did not panic after a month, if there is no panic Bitcoin will continue to create more all time high, I guess we are not yet ready in 2017 that is why the market crashes, but now investors have already matured and they are more enlightened compared 2017.

I think we are already witness another panic as bitcoin is dumping fast and is below 18000$. The big question is how far will this dump today before being rebound. I think it will test the support now and the short term investors will be out of the trade.

Question123

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There is possibility now that people are panic if they saw only a some decrease but I hope crypto user will be relax once the price dump but Im very happy right now of what is price of the bitcoin because 20k dollars is really possible so we need to be ready this year a high possibility to hit this price. Panic will not help to us it can cause only a trouble for us because we are affected if the big dump happen.

plr

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We will only see that after we hit another all-time high and investors did not panic after a month, if there is no panic Bitcoin will continue to create more all time high, I guess we are not yet ready in 2017 that is why the market crashes, but now investors have already matured and they are more enlightened compared 2017.

Zemomtum

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I hope we have pass that stage as BTC about to begin its bull run that will attract institutional investors into the arena. Many surprises lies ahead of the year 2021.

Ayiranorea

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Quote from: KTChampions on November 20, 2020, 12:49:56 PM

Quote from: n0ne on November 20, 2020, 10:48:53 AM

Panic sell will be done by most of the users who invest from their living expenses expecting good return in a short. This is quite risky, because with cryptocurrency we can't make perfect prediction of the market moves. This is where the panic gets initiated, the market fluctuation makes them into a dilemma whether to sell or not. This finally ends with a sell when the price drops.

It is likely that the current growth will attract many micro-investors who will try to get easy and quick money on the growth of bitcoin. In the event that a serious correction occurs, they will sell bitcoin at any price since they do not understand the crypto market. Therefore, an option with a panic sale is very likely.

This time the chance of panic sell is low. Previously the market jumped high and dropped low in high margin. This really creates panic among the traders and investors who are new to the market. This time the market is quite stable and growing without much of hype and much of sideway deviation. Panic wave won't happen unless a major crash happens, and if something unexpected happens suddenly the market gets pulled down drastically as people tend to take back the profit which directly affect the marketcap.

KTChampions

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Quote from: Fatunad on November 20, 2020, 01:16:40 PM

Quote from: KTChampions on November 20, 2020, 12:49:56 PM

It is likely that the current growth will attract many micro-investors who will try to get easy and quick money on the growth of bitcoin. In the event that a serious correction occurs, they will sell bitcoin at any price since they do not understand the crypto market. Therefore, an option with a panic sale is very likely.

They would likely to experience such stuff and its no surprise that when bitcoin hit up again its ATH then it will create some buzz which similar happened in 2017
which will driven off the price even way more higher and when it do correct or have some price crash then everyone will surely panic specially to those who bought on peak.
We cant be sure if 20k will be the level on where we do wait for some huge correction.For now lets see if it do able to held up or not
and im anticipating that panic will surely be there when the time comes that bitcoin price will go down in a fast manner.

Apart from this obvious scenario, we must not forget the miners yet. When the price starts to rise, they will start to bring new capacities into operation like an avalanche. This will gradually reduce the profitability of mining and at some point miners will be forced to sell most of the mined bitcoins. This will have an additional impact on the market.

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