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Topic: Are we going to see another PANIC - page 4. (Read 2169 times)

full member
Activity: 714
Merit: 104
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.
full member
Activity: 1330
Merit: 147
July 16, 2020, 07:24:50 AM
      Well, if it happens it happens. Been here quite long and have been seeing almost the same things happen almost every time in bitcoin. Even in other coins this thing happens a lot but not as big as how it happens to bitcoin. I just try to brush it off and sell whenever I feel like it and buy later. The only thing that saves me every time is the profits that I save up every time. Although going all in is quite tempting, I've learned my lesson already several times. So just don't worry too much about it if you haven't invested life savings on bitcoins. Because times like these always come and go. In fact, I am quite optimistic for the price of bitcoins this coming months near year end and the very first months next year because these are the times when bitcoin moves a lot which is quite thrilling.
I am also here for three years, and it is quite normal for bitcoin and other cryptocurrencies to make an unpredictable movement to its market price. That is why I always keep in mind to don't panic and not to worry, even bitcoin's price makes a sudden downfall or goes to bear market because I always believe bitcoin could get back up soon, and there is always a perfect time to sell our bitcoins.
I like your confident here and I thought you are long term investment right? It will be different for those investor who invest their money into bitcoin. For those investor who use money that they can afford to lose they will always confident whatever bitcoin price move especially when bitcoin price down. But for those investor who invest their money using money that can be use as their daily life I bet they will nog comfortable with bitcoin price movement. They will be afraid when bitcoin price down and they will sell immidietely when bitcoin price up.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
July 16, 2020, 04:58:36 AM
I do not think so, panic has already happened and it is already over, we are talking about a period where the price was going down so much but also there was a pandemic going around that made everyone stay at home. The virus is still out there but at least we are back to living like a bit normal, we are outside, we go to work, we go to school (well we will when it starts) and so forth, which means life is basically back on track once again, and that is how we will figure the world will be better economically since we are not all staying at home anymore. That means there should not be any panic anymore, we should be living probably a bit decent life. It is not going to be like it used to be obviously but I think we will be fine and that should mean no extra panic.

   Jostorres panic is not something that happens once and never again. Crypto-market is vulnerable like all other markets, and
I think we will have many more ups, same as we will have many more downs. It's inevitable in every process, nothing works
fine all the time, new problems emerge and strong projects will survive the test of the time, all upcoming problems. It's not
that we should run away soon as we see problems.
hero member
Activity: 2562
Merit: 586
July 15, 2020, 05:33:07 PM
I do not think so, panic has already happened and it is already over, we are talking about a period where the price was going down so much but also there was a pandemic going around that made everyone stay at home. The virus is still out there but at least we are back to living like a bit normal, we are outside, we go to work, we go to school (well we will when it starts) and so forth, which means life is basically back on track once again, and that is how we will figure the world will be better economically since we are not all staying at home anymore. That means there should not be any panic anymore, we should be living probably a bit decent life. It is not going to be like it used to be obviously but I think we will be fine and that should mean no extra panic.
STT
legendary
Activity: 4102
Merit: 1454
July 15, 2020, 02:35:30 PM
When people say its impossible, it takes a step towards becoming more possible always seems like that way.    5k is on the edges but I've heard that recently as a projected price, the difference for actual damage would be for what duration.   As part of a spike, 5k is definitely going to be possible as sells exceed available buyers it can register prices and its a form of shock.   The market will recover sharp spikes, the bigger damage is when the price stays in the region of 6k or below and descends and unwinds itself until 5k and lower becomes a reality and people fear lower and so on.   
   We have got lax recently with going sideways but this happened before and it did go down so maybe or not but its possible imo.
member
Activity: 672
Merit: 29
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
member
Activity: 1120
Merit: 68
July 15, 2020, 08:30:25 AM
      Well, if it happens it happens. Been here quite long and have been seeing almost the same things happen almost every time in bitcoin. Even in other coins this thing happens a lot but not as big as how it happens to bitcoin. I just try to brush it off and sell whenever I feel like it and buy later. The only thing that saves me every time is the profits that I save up every time. Although going all in is quite tempting, I've learned my lesson already several times. So just don't worry too much about it if you haven't invested life savings on bitcoins. Because times like these always come and go. In fact, I am quite optimistic for the price of bitcoins this coming months near year end and the very first months next year because these are the times when bitcoin moves a lot which is quite thrilling.
I am also here for three years, and it is quite normal for bitcoin and other cryptocurrencies to make an unpredictable movement to its market price. That is why I always keep in mind to don't panic and not to worry, even bitcoin's price makes a sudden downfall or goes to bear market because I always believe bitcoin could get back up soon, and there is always a perfect time to sell our bitcoins.
sr. member
Activity: 987
Merit: 289
Blue0x.com
July 15, 2020, 06:42:17 AM
      Well, if it happens it happens. Been here quite long and have been seeing almost the same things happen almost every time in bitcoin. Even in other coins this thing happens a lot but not as big as how it happens to bitcoin. I just try to brush it off and sell whenever I feel like it and buy later. The only thing that saves me every time is the profits that I save up every time. Although going all in is quite tempting, I've learned my lesson already several times. So just don't worry too much about it if you haven't invested life savings on bitcoins. Because times like these always come and go. In fact, I am quite optimistic for the price of bitcoins this coming months near year end and the very first months next year because these are the times when bitcoin moves a lot which is quite thrilling.
STT
legendary
Activity: 4102
Merit: 1454
July 15, 2020, 06:25:55 AM
Panic is the right word but we have a rising trend of volatility, the current events dont make me think we've seen the end of that despite the recovery in BTC much is left to answer.     10k is perfectly rate for BTC, we dont have to be negative to then say if 10k is full some might have over speculated and sell which leads into shorter term weakness and that can be the story for most of this year.     Dollar itself is becoming unstable I think, we have the election this year and again the events with this virus make a change of administration more probable which is volatility.
sr. member
Activity: 952
Merit: 274
July 15, 2020, 04:25:49 AM
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?
I recommend using trading bots for trading on cryptocurrency exchanges, since it is almost impossible to predict the BTC rate.

Impossible to predict but if you are careful with your trades then provably you will earn with it but if you trade with no proper thinking or lets just say you are greedy then I think you will lose the capital for your trade and although trading bots is helpful in short term still doesn't give any guarantee to you to continuously earn and I prefer to do manual since I can study the market on what path it will go today.
Manual trading is much more preferable but when on times like these where market is somewhat stagnant then automate trading isnt really that a bad idea.

Price is indeed impossible to predict thats had been always the question since from the beginning.Lots of factors that would really affect price movement
neither news or technical stuffs.Panic is just a casual thing thats why as a trader or investor you should really be careful on doing trading decisions
and never ever make greedy decisions basing up on rumors or false calls.
Trading with ourselves or what they called Manual trading is more good to use than any types of bots. For me the other traders have a mindset of getting rich quickly and it is the reason why they prefer to use bots than to trade with their selves. There are now lot of past studies saying that bots are not profitable.

Do not also expect that professional traders are using bots because all of them are doing manual trading and they are constantly earning and making profit from it. We can handle panic in the market if we will do manual trading with proper risk management.
legendary
Activity: 2758
Merit: 1228
July 14, 2020, 07:01:05 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?
I recommend using trading bots for trading on cryptocurrency exchanges, since it is almost impossible to predict the BTC rate.

Impossible to predict but if you are careful with your trades then provably you will earn with it but if you trade with no proper thinking or lets just say you are greedy then I think you will lose the capital for your trade and although trading bots is helpful in short term still doesn't give any guarantee to you to continuously earn and I prefer to do manual since I can study the market on what path it will go today.
Manual trading is much more preferable but when on times like these where market is somewhat stagnant then automate trading isnt really that a bad idea.

Price is indeed impossible to predict thats had been always the question since from the beginning.Lots of factors that would really affect price movement
neither news or technical stuffs.Panic is just a casual thing thats why as a trader or investor you should really be careful on doing trading decisions
and never ever make greedy decisions basing up on rumors or false calls.

People prefer in different methods but what most important there is they just make sure that they will stick their heads on the computer so that they will not lose once market go crash. Monitoring still the key for everything in trading so people should not be calm and rely to much since they might lose in their trade if they will really on automation or either waiting for high pumps.
hero member
Activity: 2730
Merit: 632
July 14, 2020, 06:51:39 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?
I recommend using trading bots for trading on cryptocurrency exchanges, since it is almost impossible to predict the BTC rate.

Impossible to predict but if you are careful with your trades then provably you will earn with it but if you trade with no proper thinking or lets just say you are greedy then I think you will lose the capital for your trade and although trading bots is helpful in short term still doesn't give any guarantee to you to continuously earn and I prefer to do manual since I can study the market on what path it will go today.
Manual trading is much more preferable but when on times like these where market is somewhat stagnant then automate trading isnt really that a bad idea.

Price is indeed impossible to predict thats had been always the question since from the beginning.Lots of factors that would really affect price movement
neither news or technical stuffs.Panic is just a casual thing thats why as a trader or investor you should really be careful on doing trading decisions
and never ever make greedy decisions basing up on rumors or false calls.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
July 14, 2020, 06:38:03 PM
Embarrassedseems it's not starting at least not this half a year

We have already passed the first half of the year with flying colors.
Bitcoin had its dip in the first half of the year but we were able to see some good recovery and bitcoin is quite stable now.

The first half is more crucial and I think we can expect some good news in the next half that could make bitcoin bullish, however, if there's a panic, it could happen but I'm sure the market will survive as we have been in many situations like that already.

We can also read some bullish predictions from experts.

https://news.bitcoin.com/popular-analyst-reveals-new-bitcoin-pricing-model-prediction-suggests-bullish-run-a-month-away/

https://www.cnbc.com/2020/02/03/strategists-stick-with-their-bullish-2020-target-despite-coronavirus.html

I am also bullish in the 2nd half of the year, well, the fist half was really challenging, but we were able to surpass that challenge and crypto now is just sitting at the right spot since it's already stable, but this should not last long as the market is bound to move due to its volatility in nature.

What surprised me this time was there are some altcoins already pumping, for example dogecoin, so let's see if we would see more to follow.
hero member
Activity: 2856
Merit: 667
July 14, 2020, 08:54:21 AM
Embarrassedseems it's not starting at least not this half a year

We have already passed the first half of the year with flying colors.
Bitcoin had its dip in the first half of the year but we were able to see some good recovery and bitcoin is quite stable now.

The first half is more crucial and I think we can expect some good news in the next half that could make bitcoin bullish, however, if there's a panic, it could happen but I'm sure the market will survive as we have been in many situations like that already.

We can also read some bullish predictions from experts.

https://news.bitcoin.com/popular-analyst-reveals-new-bitcoin-pricing-model-prediction-suggests-bullish-run-a-month-away/

https://www.cnbc.com/2020/02/03/strategists-stick-with-their-bullish-2020-target-despite-coronavirus.html
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
July 14, 2020, 08:11:21 AM
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?
I recommend using trading bots for trading on cryptocurrency exchanges, since it is almost impossible to predict the BTC rate.

Impossible to predict but if you are careful with your trades then provably you will earn with it but if you trade with no proper thinking or lets just say you are greedy then I think you will lose the capital for your trade and although trading bots is helpful in short term still doesn't give any guarantee to you to continuously earn and I prefer to do manual since I can study the market on what path it will go today.
full member
Activity: 2548
Merit: 217
July 14, 2020, 07:57:11 AM
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?
I recommend using trading bots for trading on cryptocurrency exchanges, since it is almost impossible to predict the BTC rate.
So what is this?Trading Bot when the question is about panicking?nice try lol.

Embarrassedseems it's not starting at least not this half a year
It already happens last march lol.

It seems to me that the probability of panic in the traditional sector is very high next week: we see too disastrous figures for the rate of spread of the coronavirus. Sooner or later, the authorities admit that they are not able to defeat the epidemic and it remains to wait for it to end naturally (while doing great damage to humanity). At this point, panic will be in all areas, including in the crypto.
But it doesn't happen ?because in April Bitcoin and other cryptocurrencies take their Move up again and until now there is no coming panic.
sr. member
Activity: 924
Merit: 275
April 04, 2020, 10:47:25 PM
It seems to me that the probability of panic in the traditional sector is very high next week: we see too disastrous figures for the rate of spread of the coronavirus. Sooner or later, the authorities admit that they are not able to defeat the epidemic and it remains to wait for it to end naturally (while doing great damage to humanity). At this point, panic will be in all areas, including in the crypto.
That's another scary thing, what would they announce then, when big the world declared that covid-19 has become a pandemic, bitcoin dump for awhile but it has then slowly recovered, so if the world would say they give up, it's like the end of humianity, I don't think there will be another announce like that.
They're gonna be losing their hopes and forget about crypto. They are much looking how to survive and so they have to sacrifice their crypto-asset at this time. Panic selling can't be stopped nor to encourage people not to sell either. The war against COVID-19 gets stronger in the other country and that it pushes people to make an unwanted decision even they have to lose.

Anyway, this is not the ending scheme for crypto. They could still have it back once the market cleared and when the spread of coronavirus flattened.
There will be another panic selling if there will be another bad news but panic selling can be avoid specially if we have good risk and management. How do I say so? Those professional traders are not panicking because they know what they are doing, they have strategies and set of skills that they are using to avoid panicking and to make money in this bearish trend. Everything will go back to normal if the virus will stop spreading and it is the time where the market will start recovering.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
April 04, 2020, 09:54:05 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?
we really did just right after 3 days of posting this mate,in March 12 the market drastically fall into a record breaking dump.

more than 50% within nearly a day?this is really not normal and no one expected this,actually even me hesitates to believe until the value of Bitcoin falls 4k level lol.
legendary
Activity: 3122
Merit: 1140
April 04, 2020, 06:53:11 PM
It seems to me that the probability of panic in the traditional sector is very high next week: we see too disastrous figures for the rate of spread of the coronavirus. Sooner or later, the authorities admit that they are not able to defeat the epidemic and it remains to wait for it to end naturally (while doing great damage to humanity). At this point, panic will be in all areas, including in the crypto.
That's another scary thing, what would they announce then, when big the world declared that covid-19 has become a pandemic, bitcoin dump for awhile but it has then slowly recovered, so if the world would say they give up, it's like the end of humianity, I don't think there will be another announce like that.
They're gonna be losing their hopes and forget about crypto. They are much looking how to survive and so they have to sacrifice their crypto-asset at this time. Panic selling can't be stopped nor to encourage people not to sell either. The war against COVID-19 gets stronger in the other country and that it pushes people to make an unwanted decision even they have to lose.

Anyway, this is not the ending scheme for crypto. They could still have it back once the market cleared and when the spread of coronavirus flattened.
When everything goes back to normal then its just natural for people to go back into their normal lives which includes investing.
For now btc price is still tanking somewhat in spite on the current condition of the world.Its true that most people now are prioritizing on how
to survive thats why it isnt surprising that they would do things even selling on loss or panic sell would happen because living is what most
important or the priority and we wont surely bother if we are on loss or profits in terms of investment.
sr. member
Activity: 2436
Merit: 343
April 04, 2020, 06:44:57 PM
It seems to me that the probability of panic in the traditional sector is very high next week: we see too disastrous figures for the rate of spread of the coronavirus. Sooner or later, the authorities admit that they are not able to defeat the epidemic and it remains to wait for it to end naturally (while doing great damage to humanity). At this point, panic will be in all areas, including in the crypto.
That's another scary thing, what would they announce then, when big the world declared that covid-19 has become a pandemic, bitcoin dump for awhile but it has then slowly recovered, so if the world would say they give up, it's like the end of humianity, I don't think there will be another announce like that.
They're gonna be losing their hopes and forget about crypto. They are much looking how to survive and so they have to sacrifice their crypto-asset at this time. Panic selling can't be stopped nor to encourage people not to sell either. The war against COVID-19 gets stronger in the other country and that it pushes people to make an unwanted decision even they have to lose.

Anyway, this is not the ending scheme for crypto. They could still have it back once the market cleared and when the spread of coronavirus flattened.
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