Are we going to see another PANIC - page 3.

smyslov

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Quote from: royalfestus on July 29, 2020, 02:38:42 PM

I saw a very interesting data that describe the mode of decline in fear of the pandemic over the months. Although this has not reduced the infection but had reduced the reaction of fear to it. Other political situations around the world especially in USA defer all the rules for the disease prevention and yet we dont see people fall on the street and die. Palliative went a long way and some of the fund find its way into cryptocurrency. The economy is not stable but there are hope it will get better soon.

This is very dangerous reaction because of less reduction of fear many people do not wear mask do not do social distancing so many are infected the infection has doubled, people are getting used to it they are not in panic anymore, they are not afraid of the virus they are more concerned on their job and bringing food to their table.

Silberman

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Quote from: Mahanton on July 27, 2020, 02:17:24 PM

Quote from: Silberman on July 27, 2020, 12:23:17 PM

Quote from: Entei on July 20, 2020, 11:38:23 AM

The panic up to a certain point in history has hurt the market but over the years this crucial factor has shown that it can help in maintaining and developing the market. However, the figures can be reliable up to a point, but a political movement by a government can change the market value affecting all investors.

The question is: Should we worry or surf the wave?

And after just a week you have gotten your answer, bitcoin has finally began to move and today is moving as it has not moved in months, this could be the opportunity you have been waiting for to make money in the markets but before you do anything make sure that you have a well defined strategy and that whatever money you are thinking of investing in the market is money you can afford to lose otherwise you are going to go terrible problems if you happen to lose that money as it happen to so many traders.

Losing is inevitable and its part of this market on where investors would really definitely experience such stuff because we know that this field is only composed of sellers and buyers.
Be smart and be wise as much as possible if you do like to sustain.Its good to see that the market had start to move out after several months.As far as i remember where btc do able to hit
up 10400 and it is indeed been a while before we do able to almost reach up that high as of this day.Yeah it took long months and its always been like that.If you arent that patient
enough then you might able to sell off.

The market has been really wild after surpassing 12k yesterday we saw a crash all the way to 10500 and now we are trading once again at 11400, I do not know but it seems we are reaching the climax stage of a movement so will not be surprised if the price begins to slowing go down during the week, as always I could be mistaken but that does not mean we will see a crash maybe we could see a consolidation at 10500 and then the market will cool down for a few months only to heat up again at the end of the year.

royalfestus

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I saw a very interesting data that describe the mode of decline in fear of the pandemic over the months. Although this has not reduced the infection but had reduced the reaction of fear to it. Other political situations around the world especially in USA defer all the rules for the disease prevention and yet we dont see people fall on the street and die. Palliative went a long way and some of the fund find its way into cryptocurrency. The economy is not stable but there are hope it will get better soon.

bitbunnny

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Quote from: ?? on ??

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?

Seeing/reading this right now makes me relly proud of myself. Why proud? Because I know that I make a right decision that I did not sold my bitcoin during it was low. Because I trust bitcoin enough that will increase its price again all I have to do is to wait and earn bitcoin as much as I can will it is low.

Important learning that you can pull out of your experience is that Bitcoin is the most profitable on long term and that you need to be patient
Even though the price is in upward now there is no guarantee that it will stay so however you always need to have in mind that Bitcoin price will always go up and down but you need to stick to your strategy and your goal. And panic selling in never a good decision.

STT

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^^ The smartest decision there would be to anticipate the weakness, do actually sell but only temporally while the negative sentiment and sell orders overwhelm the order book and cause the price to more then half. One of the trading accounts I have gives a reversal arrow so you flip the position from bull to short and back again, might have to try that in small part when judging these bigger moves. When you observe the lull in selling buy in knowing you are only rebuying what you already had, set a mark for support to then watch as it bounces back with your now lower price point then you have prior. That'd be perfect but how do you stay calm and buy in the middle of the storm knowing it will pass, thats what makes the profit. About 100x easier to write down then actually do, I did close some shorts (in effect a form of buying) in the March sell but I could have done alot better especially I had it matching some charts I had drawn but chaos is hard to overcome and act decisively.

Mahanton

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Quote from: Silberman on July 27, 2020, 12:23:17 PM

Quote from: Entei on July 20, 2020, 11:38:23 AM

The panic up to a certain point in history has hurt the market but over the years this crucial factor has shown that it can help in maintaining and developing the market. However, the figures can be reliable up to a point, but a political movement by a government can change the market value affecting all investors.

The question is: Should we worry or surf the wave?

And after just a week you have gotten your answer, bitcoin has finally began to move and today is moving as it has not moved in months, this could be the opportunity you have been waiting for to make money in the markets but before you do anything make sure that you have a well defined strategy and that whatever money you are thinking of investing in the market is money you can afford to lose otherwise you are going to go terrible problems if you happen to lose that money as it happen to so many traders.

Losing is inevitable and its part of this market on where investors would really definitely experience such stuff because we know that this field is only composed of sellers and buyers.
Be smart and be wise as much as possible if you do like to sustain.Its good to see that the market had start to move out after several months.As far as i remember where btc do able to hit
up 10400 and it is indeed been a while before we do able to almost reach up that high as of this day.Yeah it took long months and its always been like that.If you arent that patient
enough then you might able to sell off.

Silberman

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Quote from: Entei on July 20, 2020, 11:38:23 AM

The panic up to a certain point in history has hurt the market but over the years this crucial factor has shown that it can help in maintaining and developing the market. However, the figures can be reliable up to a point, but a political movement by a government can change the market value affecting all investors.

The question is: Should we worry or surf the wave?

And after just a week you have gotten your answer, bitcoin has finally began to move and today is moving as it has not moved in months, this could be the opportunity you have been waiting for to make money in the markets but before you do anything make sure that you have a well defined strategy and that whatever money you are thinking of investing in the market is money you can afford to lose otherwise you are going to go terrible problems if you happen to lose that money as it happen to so many traders.

Raflesia

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Quote from: Questat on July 24, 2020, 06:19:47 AM

Quote from: Republikcoin.com on July 22, 2020, 10:50:41 PM

however, there is currently no reason whatsoever to see people panicking to sell, even prices are currently stable amid a pandemic.

That's the good thing about crypto, it move differently compared to the stocks movement. If the pandemic remains this year, I think we can expect that bitcoin will also remain to be stable this year, and with my years of stay in crypto, this will be the first time I will see bitcoin so stable.

I really believe that bitcoin will be more stable in the future, even though the pandemic still exists, the crypto market will not collapse anymore. Investors already believe that bitcoin will be more stable looking at the current movement, we already know this is the best way to invest in the long run. .

If you have known bitcoin for a long time, you will believe in the price that will recover like the year before, because true trust brings us good opportunities.

Questat

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Quote from: Republikcoin.com on July 22, 2020, 10:50:41 PM

however, there is currently no reason whatsoever to see people panicking to sell, even prices are currently stable amid a pandemic.

That's the good thing about crypto, it move differently compared to the stocks movement. If the pandemic remains this year, I think we can expect that bitcoin will also remain to be stable this year, and with my years of stay in crypto, this will be the first time I will see bitcoin so stable.

Republikcoin.com

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Quote from: bitbunnny on July 20, 2020, 03:17:25 PM

I don't see any reason for panic. Price is for a longer period of time staying in more or less same range and at the moment I don't see signs for bigger price dump. Some minor corrections will probably happen but I don't think thdt will cause some bigger range panic selling. Although for some price going under 9000$ might be the alarm.

Well, I didn't see that signal either. but I still hope that at the end of this month there will be panic buying that makes the price of bitcoin and ethereum go up. this will trigger an increase in other cryptocurrencies. however, there is currently no reason whatsoever to see people panicking to sell, even prices are currently stable amid a pandemic.

bitbunnny

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I don't see any reason for panic. Price is for a longer period of time staying in more or less same range and at the moment I don't see signs for bigger price dump. Some minor corrections will probably happen but I don't think thdt will cause some bigger range panic selling. Although for some price going under 9000$ might be the alarm.

Entei

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The panic up to a certain point in history has hurt the market but over the years this crucial factor has shown that it can help in maintaining and developing the market. However, the figures can be reliable up to a point, but a political movement by a government can change the market value affecting all investors.

The question is: Should we worry or surf the wave?

Silberman

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Quote from: Onuohakk on July 15, 2020, 09:41:19 AM

If it is impossible for bitcoin price to decrease to $5k, I will love it so that the weak hands can sell off their bitcoin. We that already has strong hands will acquire more of bitcoin.
This is a global challenge, only those that has strong resilient will make it hugely from crypto. Investing in bitcoin is like investing for the future. No amount of panic should arise to make you sell of your bitcoin assets for penny gains. Sell off when there's much profits

Most likely the reason we are not going to see another panic is that after the crash we saw in March most of the weak hands got out of the market and now those that remain are strong hands that are very comfortable with their bitcoin holdings, this is why the price seems to be trapped and does nothing, it cannot go up because the circumstances do not allow it but it does not go down because no one si going to sell their bitcoin now.

coinfinger

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After having solid holding above $9000 levels, I believe there will be very less chances for any investor/holder of bitcoin to get panic against pandemic by considering the times of halving happened within the time frame of two months. I mean even those hesitating people might have gained confident on bitcoin market to continue their holding regardless of bitcoin market's failure to break its biggest psychological resistance level around $10,500.

I believe market will be getting ready for another strong rally which will be testing $9800 level in short-term and then $10,300 levels if it is able to hold around $9800 levels. It means there are less to no possibilities for another round of panic selling to be happening with respect to current world economy scenarios.

Oilacris

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Quote from: Jeremy Franklin on March 09, 2020, 12:11:58 PM

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?

If you look back on this in the long run, you won't even notice this little dip. Bitcoin won't die, there won't be a capitulation now and we will see 15K BTC after the halving pretty soon.

There are already lots of scenarios that looks like this and people do keep telling that it would gonna die.
https://bitcointalksearch.org/topic/did-bitcoin-actually-died-yes-more-than-320-times-already-5077739
https://bitcointalksearch.org/topic/how-many-times-you-heard-the-bitcoin-gonna-die-5084185
https://bitcointalksearch.org/topic/bitcoin-has-died-100-times-1329871

lienfaye

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Quote from: Arkann on July 16, 2020, 07:44:32 AM

In my opinion, all financial markets are influenced by emotions and panic, and it happens all the time. And the cryptocurrency market is even more influenced by these factors due to its volatility. In addition, a large number of cryptocurrency users show fear and greed, to which the entire cryptocurrency market reacts very strongly. Therefore, you should not think that everything has already stopped and you can only expect a positive development of events in the cryptocurrency market. There are still many different situations awaiting us.

I agree, the market is reacting based on our decision. If we panic and sell our assets it will reflect to the market, thats why when the virus became a worldwide problem many investors panic sell maybe because they think the market will crash and to prevent losing further, they sell. On other side some sell because of lack of savings to spend, though its not their own will, but no choice is left during this trying times. Nevertheless we already surpassed those months of struggling market so lets look forward for whats ahead.

ReiMomo

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Quote from: Sebas.tian on July 16, 2020, 10:38:23 AM

Quote from: ?? on ??

I recommend using trading bots for trading on cryptocurrency exchanges, since it is almost impossible to predict the BTC rate.

If only it were as simple as you say. Trading bots do not always bring you profit. Cheesy

You are correct, many individuals thought the bot to be some good god for hunting the cryptocurrency trading platforms, this doesn't give anyone any assurance of making profits but it's likely to make anyone lost in some cases. Doing your own trading will be better than using the programmable bots to trade. Trade yourself and don't use bot to trade for profits, this is unrealistic sometimes.

Call me unrealistic but I still prefer using a trading bot. But of course, I won't rely on my trading activity on trading bot only.
A trading bot is good if you know how to set up the stop-loss strategy and most especially placing your order without monitoring the market, a trading bot would be helpful in this way.

Speaking of the panic sellers, we can't blame them if they will easily get panic selling. One thing for sure, they will regret when they'd panic and sell bitcoin at a lower price they purchase.

Natalim

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Quote from: bitgolden on July 16, 2020, 03:36:11 PM

Panic could happen at any time in bitcoin world, we are going to live through panic probably a hundred times in the next 10 years, that is just a natural part of bitcoin world and that is not something we can stop. People just see the price go down a bit and suddenly they all start selling their coins. I would say that panic is not a problem and I think the smartest decision would be and that is why there is no need to get angst about all the potential panic that will happen in the future.

The price of the crypto (decentralized coins) are volatile but it doesn't need it will cause a panic every time it will dropped, over time as adoption increase, I believe people will be smarter and they'll mature, so they will understand the nature of the market and they will know how to handle themselves and make the right decision.

Quote from: bitgolden on July 16, 2020, 03:36:11 PM

Just focus on what we can do during those panic times and you would actually make a profit. If you see price going down 50% lower or anything similar (anything under 30% would be fine) and you could just buy up as much as you can and in the end you will just wait for it to go back up and make a ton of profit.

Like I said, if they'll mature, they would do the right thing, so most probably that 50% dropped would not happen most of the time, it could be a rare occasion only.

bitgolden

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Panic could happen at any time in bitcoin world, we are going to live through panic probably a hundred times in the next 10 years, that is just a natural part of bitcoin world and that is not something we can stop. People just see the price go down a bit and suddenly they all start selling their coins. I would say that panic is not a problem and I think the smartest decision would be and that is why there is no need to get angst about all the potential panic that will happen in the future.

Just focus on what we can do during those panic times and you would actually make a profit. If you see price going down 50% lower or anything similar (anything under 30% would be fine) and you could just buy up as much as you can and in the end you will just wait for it to go back up and make a ton of profit.

Sebas.tian

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Quote from: ?? on ??

I recommend using trading bots for trading on cryptocurrency exchanges, since it is almost impossible to predict the BTC rate.

If only it were as simple as you say. Trading bots do not always bring you profit. Cheesy

You are correct, many individuals thought the bot to be some good god for hunting the cryptocurrency trading platforms, this doesn't give anyone any assurance of making profits but it's likely to make anyone lost in some cases. Doing your own trading will be better than using the programmable bots to trade. Trade yourself and don't use bot to trade for profits, this is unrealistic sometimes.

Topic: Are we going to see another PANIC - page 3. (Read 2168 times)