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Topic: DON'T DO PANIC SELLING !!! - page 11. (Read 8930 times)

full member
Activity: 246
Merit: 100
March 01, 2018, 09:51:34 AM
We can;t do anything about it as when BTC prices go down accompanied with FUD, survival instinct kicks in overdrive for most people and they tend to go the route of "for each his own" motto. There's also FOMO or Fear of missing out.
sr. member
Activity: 588
Merit: 250
March 01, 2018, 09:49:00 AM
Panic selling will never ends until newbies coming working with bitcoin. It's obivous that price will not droping forever to zero and better to wait but people don't know about it.
full member
Activity: 462
Merit: 100
March 01, 2018, 09:24:04 AM
I agree to give way to panic and do not have to sell everything in a hurry, the price of bitcoin will be restored with time so get ready for patience
Well for me doinv panic selling is not good to do because it we will not result a good profit, so for me just be patience on holding and dont stop trusting the coins we are holding, and my advice is to bug more coins when the price was low incase on doing panic selling.
newbie
Activity: 112
Merit: 0
March 01, 2018, 09:07:47 AM
Here is why you shouldnt do panic selling... After the last price crash in 2014, value of Bitcoin rose by four times. A simple look at the Bitcoin value-chart shows that after short-term fluctuations, Bitcoin prices always surge dramatically. Crashes actually allow long-term investors to invest in profitable and growing currency during dip and make profits during price surges.
member
Activity: 196
Merit: 10
March 01, 2018, 06:52:15 AM
Hey everyone Smiley

finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them...
Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way!
Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else...


yeah thats right we can sell some of our bitcoin now after the price rising but we sell some not all to maintain the bitcoin price higher.
newbie
Activity: 217
Merit: 0
March 01, 2018, 06:48:37 AM
I agree with you.if we can be patient, we will win. if we sell cheap, we never win..
newbie
Activity: 123
Merit: 0
March 01, 2018, 06:37:17 AM
Panic selling can definitely lead you to nowhere. Just because the price are falling doesn't neccessarily mean to sell, holding can be a best way plus waiting for it to gets higher price again, unlike when you sell out of panic, you will have nothing when it return to its normal price or even higher.
sr. member
Activity: 1274
Merit: 263
March 01, 2018, 06:34:07 AM
To those people who panic if they see bitcoin price decrease better to be calm.  Because decreasing price it's a normal because it's part of the process if the coin dump it will increase more than the highest current price so you can gain more profit.  The better you gonna do is to buy more bitcoin so can get more profit.  Listent to the expert in bitcoin because they know what is possible to happen.
member
Activity: 74
Merit: 10
March 01, 2018, 06:28:50 AM
Agreed. I don't really understand people who sell when prices start dropping, I mean when prices drop you technically don't lose anything unless you start selling.
jr. member
Activity: 164
Merit: 2
March 01, 2018, 04:09:56 AM
Easy to say and hard to do. It's just human nature! Most of us are emotional creatures haha.
hero member
Activity: 952
Merit: 500
March 01, 2018, 04:06:58 AM
Well, the panic sell makes the price decreasing in 2017. However, it also gives people who had not bought bitcoin a chance to buy some.  Grin
Weak hands will sell because they are easily affected with FUD, we end the year 2017 with a good price but look at the price
now, in fact it has fall hard but we slowly recover so it's really important to buy at dip and sell on peak.
full member
Activity: 432
Merit: 126
March 01, 2018, 01:13:34 AM
 I think we cant control that kind of emotion. As of now the bitcoin price is declining (and one of the people who are the state of panic is me.). I really dont know how to control myself in this situation. But i still not selling my bitcoin, because i still believe in the potential of biycoin to increase more value more than the highest we known. Even though sometimes i have this thinking that i should sell my bitcoin because i have this fear that it might go up again. (and im losing money here, just so sad). I just hope that it will increase again cause if not, well big loss is coming our way.
full member
Activity: 420
Merit: 100
February 28, 2018, 05:55:44 AM
those people do panic selling  they are people that lack of knowledge about bitcoin because if they know everything about bitcoin and how to earn big profit from it they dont do panic selling we know that the price are volatile and real believers of bitcoin know that those you part of growing econony of bitcoin that hold btc longer they are people that want to earn big profit. 
jr. member
Activity: 43
Merit: 1
February 28, 2018, 05:46:06 AM
Well, the panic sell makes the price decreasing in 2017. However, it also gives people who had not bought bitcoin a chance to buy some.  Grin
sr. member
Activity: 434
Merit: 251
February 22, 2018, 07:33:00 AM
I agree to give way to panic and do not have to sell everything in a hurry, the price of bitcoin will be restored with time so get ready for patience
newbie
Activity: 36
Merit: 0
February 22, 2018, 06:26:56 AM
Dont worry, btc price will always recover and go beyond
hero member
Activity: 681
Merit: 507
February 22, 2018, 06:21:46 AM
Yes, the title says it all. Plan your trades ahead of time and stick to them. Do not under any circumstance panic sell. This is just stupid. If you panic sell you are also included to panic buy back, making matters overall worse.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
February 18, 2018, 05:32:06 AM
Hey everyone Smiley

finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them...
Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way!
Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else...



Yes to be honest don't do the panic selling even though you are a first timer , and I know we can't deny the feeling of nervous breakdown , panic , and suddenly do at any cost , and despite the risk that you would encounter. Always have a set of mind , a positive mind set so you can have positive result too. No panic , no regret , and especially no disappointments.
That is not an excuse but most likely first timer do panic especially when they are not educated enough and has a little experience
on trading or investing. When I was new, I did panic but I just listened to the experts so I was able to survive in holding my investment and I notice
that holders are the real winners here.
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
February 18, 2018, 05:24:44 AM
Hey everyone Smiley

finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them...
Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way!
Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else...



Yes to be honest don't do the panic selling even though you are a first timer , and I know we can't deny the feeling of nervous breakdown , panic , and suddenly do at any cost , and despite the risk that you would encounter. Always have a set of mind , a positive mind set so you can have positive result too. No panic , no regret , and especially no disappointments.
full member
Activity: 686
Merit: 100
February 18, 2018, 05:09:34 AM
Hey everyone Smiley

finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them...
Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way!
Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else...


No I don't ever do panic selling because  I keep believing  that bitcoin  is amazing it can not give me a problem  but it can help me more so on
If people do not have enough money to live, they will choose to sell their bitcoin. Still others see bitcoin falling rapidly in price and selling it. This is normal human psychology. We should have a belief in ourselves ,set a Bitcoin price target, do not sell it if it is not reached, and thus avoid panic selling.

This is a normal thing for everyone if the price decrease will feel panic to get big loss. It's just that some people set up a good strategy to minimize the losses they get. I agree with you because everyone has a different target for the future Bitcoin price.
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