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Topic: DON'T DO PANIC SELLING !!! - page 2. (Read 8930 times)

full member
Activity: 378
Merit: 100
April 04, 2018, 01:08:44 PM
Yes do not panic selling especially when the bitcoins are down because you are just ruining the bitcoins and also the money that you should've have. Because if you panic sell you are just cutting the lose you made in the bitcoins downfall and that can affect you financially and you will never gonna win back that money you took.
hero member
Activity: 854
Merit: 500
April 04, 2018, 12:29:59 PM
Panic selling was always the problem of newbies only. Mature users know that bitcoin will recover anyway and it's very stupid to lose money by selling per low price.
full member
Activity: 518
Merit: 101
April 04, 2018, 12:02:24 PM
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...


If the price of bitcoin will get crashing down, I will not sell my holds instead if I have money I will buy for more bitcoins since I believe this will gives us huge profit in the future. Being panic will make you lose your money so stay calm.
full member
Activity: 378
Merit: 100
April 04, 2018, 11:50:06 AM
Yes to anticipate the occurrence of our big losses as traders should be able to withstand anger with the current conditions In addition,holding an asset is one of the most powerful ways to continue creating opportunities for profit.When we can be patient there will be a straight path for us in the future.
member
Activity: 196
Merit: 11
April 04, 2018, 11:26:22 AM
Patience and remain confident is the key to me so you do not become a panic selling, if yesterday you became a panic selling when the price of $9k then you will regret it now, the price of crypto will definitely recover, I am very confident with it. So do not panic selling when prices fall.
jr. member
Activity: 168
Merit: 1
April 04, 2018, 11:21:49 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...



It is true because panic selling creates a chain reaction specially to those people who panic whenever price goes down. Just imagine if everytime people sell as they see bitcoin price go down, more and more people would sell because price would keep going down.

By holding, you will be able to exit as soon as the price goes up again. But with panic sales, you will only lose more. If someone starts to panic selling, others who have weak hands will join a panic selling party that will push prices lower
newbie
Activity: 19
Merit: 0
April 04, 2018, 10:37:15 AM
What a shame, btc dropped in a single candle today... Btc is under heavy manipulation...
member
Activity: 420
Merit: 10
April 02, 2018, 03:52:32 PM
Don't panic if bitcoin price gets a dip, or getting low of its value because it is normal, bitcoin always gets a dip in month of january, and its volatile that's why. So don't panic to sell your bitcoin just wait for the right time to sell it with a high value.

Some people are getting panic about bitcoin's low price because they invest their huge amount in bitcoin and that's why they are don't want to lose their money, so they be patience and wait for its high price because sometime bitcoin price is decrease but its not mean that it will lose their rather they will get a lot of profit after some months because its price will more high and thay's why their money will more double.
newbie
Activity: 19
Merit: 0
March 31, 2018, 02:38:41 AM
Yes don't panic sell, if you plan to buy lower, sell when you see green candles
member
Activity: 210
Merit: 10
March 31, 2018, 02:29:22 AM
I couldn't agree more. Panic sellinig is a very bad situation, enthusiasts will sell their coins in a lower value, Bitcoin value will go done further due to the massive selling. FUD will always be there, but you have to be more patient and put some trust in Bitcoin, it has proved it self already so just hang in there and chill.
legendary
Activity: 3276
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
March 31, 2018, 12:56:22 AM
There is another side to it. If someone is desperate for money and he doesn't have the time for Bitcoins to recover, then the only way forward is to sell the coins at whatever the price he can get. It has happened to me in the past as well.
MMA
legendary
Activity: 1134
Merit: 1000
March 31, 2018, 12:52:51 AM
it's true that sometimes I panic with the price of coin and I will sell it to reduce the risk even more but sometimes sorry to sell the coin when the price drops after selling the coin in 1 day then the coin price goes up and I lose my money
Ups and down is always there even if you are trading a good coin, you need to study the coin from the core, and if you realize the the coin has the potential to recover its position even if the price is goes down too much, then you should try to hold and do not sell your coin, but if you realize the it can got depth and chance are to become dead the you should try to minimize your risk by sell your coin even in a little risk.
newbie
Activity: 124
Merit: 0
March 30, 2018, 10:36:15 PM
Yes because panic selling will make your strategy damage and make your investment lost in the coin that you selling.
sr. member
Activity: 1009
Merit: 328
March 30, 2018, 09:52:50 PM
panic sell will make people get losses, if the price goes down then try to hodl as much as possible because in the next few weeks or several months ahead the price will grow again, so be patient if the price drops do not panic sell ..

Panic sell make our loss become real. I am believe that cryptomarket will always grow and market cap will grow too, its happen because many people right now aware about cryptomarket. Beside that, many financial institution interesting to investing their money on crypto too.
Panic selling has a big effect on the present price and in the market volume. I believe that it will effect the volume of the market because the supply may become bigger becaus rid the panic selling. Maybe this panic selling is happening today because bitcoin market is drop down low.
member
Activity: 756
Merit: 12
March 30, 2018, 08:05:38 PM
panic sell will make people get losses, if the price goes down then try to hodl as much as possible because in the next few weeks or several months ahead the price will grow again, so be patient if the price drops do not panic sell ..

Panic sell make our loss become real. I am believe that cryptomarket will always grow and market cap will grow too, its happen because many people right now aware about cryptomarket. Beside that, many financial institution interesting to investing their money on crypto too.
sr. member
Activity: 1330
Merit: 370
March 30, 2018, 08:00:12 PM
even bitcoin ever down 10 % within 1 hour, do not panic when there is demand and good supply they will go back and increase again

Maybe if this your first time to doing in cryptocurrency and the bitcoin was falling down maybe you sell you bitcoin early in a low price.
So if the bitcoin falling down must be calm and wait the rise again.
newbie
Activity: 33
Merit: 0
March 30, 2018, 05:20:27 PM
it's true that sometimes I panic with the price of coin and I will sell it to reduce the risk even more but sometimes sorry to sell the coin when the price drops after selling the coin in 1 day then the coin price goes up and I lose my money
full member
Activity: 476
Merit: 100
March 30, 2018, 04:35:56 PM
I think the panic selling effect that happen by some of you is not only giving you a loss but for the whole user. because of course mass panic will make the market becomes chaotic and the price will continue to decrease.

Those ones, who panic, support the rumours that alts and BTC will fall very soon, and cryptocurrency really go down. That is why I never jump to fast conclusions and do not sell my crypto when the market is red.
Yeah  price of bitcoin is getting high again so hold with high patience because now in market price and demand is increasing, so no need to sell your bitcoin at panic price let the market be stable so you will not lose anything but you will earn a lot. Panic selling made several people lose high lose, so I never suggest anyone to sell bitcoin when price in market price is at increasing phase, let it be high so you will get some output of your investment.
newbie
Activity: 159
Merit: 0
March 29, 2018, 09:43:18 AM
panic sell will make people get losses, if the price goes down then try to hodl as much as possible because in the next few weeks or several months ahead the price will grow again, so be patient if the price drops do not panic sell ..
newbie
Activity: 196
Merit: 0
March 29, 2018, 09:31:00 AM
To those panic sellers, please do your own research don't get easily swayed by fake news.
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