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Topic: DON'T DO PANIC SELLING !!! - page 27. (Read 8931 times)

member
Activity: 130
Merit: 10
January 08, 2018, 04:05:14 AM
Most of the investor sold off their bitcoins before the price crossed 20K most of them started selling off their btc when the price crossed 6K USD as they thought that the price might go down and started selling off their coins thinking that they won't go any high and finally the price crossed 10K USD and lot of investors started flocking in as it became more popular than before and it crossed 20K usd and thus turned out to be a sensational talk of the media and lot of investors started withdrawing their investment once the price crossed 20K and it resulted in creating a panic situation for the new investors which resulted in the price deflation of the market value.
jr. member
Activity: 84
Merit: 3
January 08, 2018, 03:45:25 AM
I've experienced it, panic selling when the price dropped dramatically, I think it was the best decision before my losses more and more. it did not take long, the price went up beyond what I imagined and I regretted my decision
newbie
Activity: 17
Merit: 0
January 07, 2018, 11:48:28 PM
Yeah, I agree with you. Don't panic sell. If the price falling down, this is time to buy back
hero member
Activity: 1273
Merit: 507
January 07, 2018, 11:40:39 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...


Yeah. If many people will get affected by a sudden price hike and do panic selling at once, this will affect bitcoin's price in a bad way. Let us continue holding on to them because it might get 100% higher or more than what we expect. And if that time comes, we might not be able to afford to buy btc. So we will be losing a lot of profits.
full member
Activity: 378
Merit: 100
January 07, 2018, 09:43:58 PM
Indeed bitcoin can be interpreted as a place of investment for someone in the future but they are able or not in the face of all odds.For example there is a news that appears that bitcoin will decrease.So make them panic and immediately sell the asset without thinking about the price increase back.That factor is often cause harm to someone if not have the establishment in earnings.
sr. member
Activity: 1162
Merit: 251
January 07, 2018, 08:52:23 PM
True, we must be confident with the future of bitcoin and cryptocurrency and when there is a decrease in price then the best step is immediately recreation to the place we like because after the holiday then we will see the price go up again.

   This clearly is something that is literally easier said than done. Specially when you have invested great amounts of momey. And although it has been adviced that People should only invest money that they can afford to lose, a lot still invests amoints that they sure cannot afford to lose. Which is why we see a lot of panic sellers. Also, lock of knowledge on how things work gere play a big part on the number of panic sellers. But there are some that really knows a lot and some that doesn't but have strong hearts. That is what i think.
thats true, say it is easier than the reality, sometimes many users say lucky not to panic but after the coins they buy down very deep make them scared and panicky (as happened to me) lol, I think the amount of money you invest in a coin will also greatly affect the level of panic that you will feel, the more money you make invested in that coin and when the price of the coin falls, I can make sure that you feel afraid at least,,
member
Activity: 227
Merit: 10
January 07, 2018, 08:38:30 PM
i did this once, i sold my btc because i taught that the value will crash down but it stopped going down and started again to go up. the next day I converted back to btc then after a while it goes down again and again, i converted back my money. I lost almost half after doing this, it only happened for 3 days  Angry Sad
member
Activity: 156
Merit: 13
January 07, 2018, 08:06:27 PM
Thorough traders are tracking the charts all the time and they won't allow themselves to sell the Bitcoin when a little fall happens. The once that are selling on the slightest fall can be called bad traders because with each false move in the market a share of your coin holdings is being lost.
sr. member
Activity: 507
Merit: 250
Adoption Blockchain e-Commerce to World
January 07, 2018, 07:56:33 PM
Panic selling will make us regret, the main thing we must understand in investment is to be patient and not panic, when the price drop then the best step is to buy not selling.
sr. member
Activity: 987
Merit: 289
Blue0x.com
January 07, 2018, 07:32:04 PM
True, we must be confident with the future of bitcoin and cryptocurrency and when there is a decrease in price then the best step is immediately recreation to the place we like because after the holiday then we will see the price go up again.

   This clearly is something that is literally easier said than done. Specially when you have invested great amounts of momey. And although it has been adviced that People should only invest money that they can afford to lose, a lot still invests amoints that they sure cannot afford to lose. Which is why we see a lot of panic sellers. Also, lock of knowledge on how things work gere play a big part on the number of panic sellers. But there are some that really knows a lot and some that doesn't but have strong hearts. That is what i think.
sr. member
Activity: 586
Merit: 250
January 07, 2018, 07:17:49 PM
True, we must be confident with the future of bitcoin and cryptocurrency and when there is a decrease in price then the best step is immediately recreation to the place we like because after the holiday then we will see the price go up again.
full member
Activity: 354
Merit: 100
January 07, 2018, 03:25:54 PM
Exactly, the price is going to come back to what it was eventually. Thats how I make money from other people.
I find that in fact, trading less often would have let me earn more money than i would've if I was just keeping my money in the coin.
Bitcoin and alts are highly violatile but they are on a strong uptrend.
Yes! I tell you! Dont do panic selling. Learn to wait and have patience on what you are wanted to happen. Because ghere is really a perfect time to sell or to buy bitcoin or any other cryptocurrency. Learn to wait especially to those bitcoin holders and traders.
hero member
Activity: 1190
Merit: 541
January 06, 2018, 07:27:24 AM
Panic sales will never disappear. That's just how things works - there will always be newbies with a bunch of mistakes and sharks always will earn great profit on this.

I have been in that situation and also done that.  I learned my lesson to just hold on to save your bitcoin.  I sold my bitcoin before when I continuously saw that bitcoin price started to goes down.  To cut my loss I sold them and regret it in a few hours.  Bitcoin price started to goes up and never goes down.  Newbies will always like that especially if they do not know anything about it.
At the end, except for those who did a lot of research before investing and never made a mistake of selling out of panic, usually, most people who do always get to learn their lessons and while some are lucky to bump into threads like this, some may not and before they know, they end up selling at a huge loss and when they realize their mistakes, buying back at a higher price again.

It is best for new investors to see it like this, anytime you are panicking, you end up giving the whales and those who have been stealing from you right from the onset more chance to steal from you again.
sr. member
Activity: 728
Merit: 265
January 04, 2018, 12:24:57 AM
It once been downward this past weeks but just the other day it bounce backed again to $15k and even this day too. Hope that it could climb up more and other alts too. Being disciplined not to sell low but sell high really give you some rewards by the market, I think bitcoin will surge up again and I would love to see it coming. Don't really do panic selling and don't be carried away by your emotions the market only just test your faith on trading or holding cryptos.
full member
Activity: 845
Merit: 100
January 03, 2018, 11:58:05 PM
Based on the experience that happened some time ago many people panicked when the price dropped and they sell though cheaply, now I make sure they regret that the present price and tomorrow will be expensive.
member
Activity: 182
Merit: 10
January 03, 2018, 08:33:54 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...


why you should do panic...do not be afraid if you have a lot bitcoin just keep your bitcoin and you will find or look for the good price,then thats the time you can sell your bitcoin.dont do panic selling just calm down.
jr. member
Activity: 32
Merit: 4
January 03, 2018, 05:04:19 PM
it is not about PANIC SELLING  it is about earning good from bitcoin.
we all now 19,000$ was so high price so that why i keep holding it is better to sell my bitcoins
hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
January 03, 2018, 03:56:00 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...


That is true although its price now is already higher than before, we will not sell all our bitcoins. Lets hold some and if we need money sell some.
Yes! Dont do panic selling. Its a big mistake when you so that. Just hold your bitcoins or any other cryptotokens because it a matter of dump and pump wherein when the price falls down it is not the end for the holders or users because it is actually the best time for buyers to buy bitcoin token and when that happened the demand of bitcoin will rise up and it has the possibility that the price will rise up again.
This only applied on bitcoin and on some other alts because hodling some coins wont really be worth it because some of them are just total pump and dump this is why we should really make some decisions to get out because not all the times they are really worth to hold on. This is why as a trader we should really be keen and wise on when to get out this is why research and investigating on updates is always advisable.
full member
Activity: 268
Merit: 100
January 03, 2018, 03:49:58 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...


That is true although its price now is already higher than before, we will not sell all our bitcoins. Lets hold some and if we need money sell some.
Yes! Dont do panic selling. Its a big mistake when you so that. Just hold your bitcoins or any other cryptotokens because it a matter of dump and pump wherein when the price falls down it is not the end for the holders or users because it is actually the best time for buyers to buy bitcoin token and when that happened the demand of bitcoin will rise up and it has the possibility that the price will rise up again.
full member
Activity: 1008
Merit: 101
January 03, 2018, 03:19:00 PM
Well, I guess everybody just did a panic sell after the price of bitcoins reached an all time high around $19,000. I did expect it though, as the price has risen quite fast and very high for no reason at all. I would say that prices should always be growing steadily or exponentially (but not at the level we've just experienced). Though I guess the recent drop was indeed due to the correction of the price but that also includes the effect of people that panic sold their holdings.
It happen with me seven months before because at that time I was just buying bitcoin with low price and then I was keeping them on hold and one day I did not check the price of bitcoin because day before I check the price and that was very high so I thought that its price will be also high today and then I sell all my bitcoins and I lose on that day so no need to make panic because it’s a currency and always play here carefully.
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