DON'T DO PANIC SELLING !!! - page 30.

BeGoods

legendary

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Quote from: batang_bitcoin on December 22, 2017, 06:40:29 PM

Quote from: putriangel on December 22, 2017, 01:47:24 PM

I do not panic and keep my bitcoin. I think this is a tough time for a bitcoin hike. But I will be patient to not sell it now and will wait any longer.

Good for you! Before I was one of those people who are panicking when this is coming. I can't accept the fact that the price is falling down that quick but this is me before but now I learned from that thing and I just held all my bitcoins and did nothing wrong as for this major fall down of all crypto's.

I think panic is a natural thing from bitcoin investors. because of the fear of future losses when the price situation in the market does not match their expectations. I think all users should start to realize that bitcoin prices are very volatile and whenever prices will go up and down very extreme. so when the bitcoin price goes down you do not have to get too freaked out. you just need to calm yourself that all the current market conditions are normal and you should think positively that the price will soon rise so you do not panic and not sell your bitcoin at low price

drawoh14

full member

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Let them do that it is their option and just be glad that you are getting chance to buy at lower price and increase your profits, yet, you can not do anything with panic selling

Zertoshi

newbie

Activity: 67

Merit: 0

Quote from: Viscera on December 23, 2017, 05:24:34 PM

Noobs/New comers are in panic sellering. they dont deserve to hold bitcoin.. old investors/traders are holding on it until such time. Buy and hold at this moment we will see a good profitable in the future

Panic selling is not necessarily by noobs.

An old BTC holder may be tempted to cash out his BTC's, it looks like an unique opportunity given the size and buzz of the crypto boom. Someone with a small wallet (2012 standard) of 1000 BTC which cost say $1000 by then would be more than tempted to cash out for $14 million now... Just needs to find 1000 noobs ready to throw him $14,000 each. Apparently there are legions of them Grin

Reversely, a noob may tend to wait too much before taking a loss (known psychological bias).

laarni166

newbie

Activity: 28

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I myself are afraid of btc going low again especially that i bought it on a high price. Hope the price become stable.

Viscera

sr. member

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Noobs/New comers are in panic sellering. they dont deserve to hold bitcoin.. old investors/traders are holding on it until such time. Buy and hold at this moment we will see a good profitable in the future

KafkaFR

newbie

Activity: 40

Merit: 0

Stop panic selling normally good , But most off all persons can not resist pressure..

bhadnaufal

jr. member

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Quote from: reymartH on December 23, 2017, 04:17:32 PM

Quote from: fiulpro on October 11, 2017, 12:37:38 AM

Hey everyone

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...

Stop panic selling, do panic buying since its our opportunity to buy bitcoin while the value is low.

This guy is right, good times for buying

JerryJam

member

Activity: 238

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Some crypto-currency experts and financiers really believe that bitcoin cache has a future. They conduct the propaganda of altcoyins and advise them to others. Maybe this campaign and increased the rate of bitcoin cache.

Zertoshi

newbie

Activity: 67

Merit: 0

Quote from: reymartH on December 23, 2017, 04:17:32 PM

Stop panic selling, do panic buying since its our opportunity to buy bitcoin while the value is low.

For panic buying you need some $ left for that (or borrow from your neighbours if they are willing to) Grin

reymartH

member

Activity: 112

Merit: 11

Quote from: fiulpro on October 11, 2017, 12:37:38 AM

Hey everyone

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...

Stop panic selling, do panic buying since its our opportunity to buy bitcoin while the value is low.

deathwish

member

Activity: 123

Merit: 10

Enjoy the journey...Live in the now...Future will

Quote from: fiulpro on October 11, 2017, 12:37:38 AM

Hey everyone

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...

True that dumping when Prices go down for Bitcoin make it even worse. And in turn is good for the intial dumpers as they make profit when hey buy it back. They are the whales of bitcoin.
The other side of the coin. Th FUD and news of BTC Vs BCH or about the market corrections or of a imminent bubble burst is so huge that when such a downturn happens, most people who have put their hard earned money (obviously with a risk) into it will get panicked.. that's very natural to happen.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: Siren on December 22, 2017, 09:52:12 AM

Quote from: boyptc on December 22, 2017, 07:01:34 AM

Quote from: croptodic on December 22, 2017, 06:15:12 AM

bitcoin is now very strong and stable at this market situation. don't do panic sell. today or tomorrow bitcoin price increase so just buy and hold.

It's a good now although we did went through a big correction now but it looks stable and has a good support at $13,000. Sorry for those people that has weak hearts and can't take to see bitcoin's fall that quick, I guess it's ready to pump again now so just ride this increase.

Support levels also broken. Bitcoin is now almost $12K. However, its not only bitcoin but the whole crypto is suffering today. Its been the saddest day so far as more than $60B wipe out on bitcoins alone. I don't really don't understand what's the reason for all of what's happening.

But I didn't dump my coins. I still believed that we can still recover by the incident. I'm thinking that people are just cashing it out for the holiday seasons. There's no manipulation, there is panic selling. I hope we can see a clear day tomorrow.

It has been broken but it recovered immediately. Price of bitcoin is up again at $15k so that's a good one to consider. Everyone did suffered for a while and for those that wasn't shaken, congratulations for surviving the test trial of who are those really worth to receive the reward of bitcoin when it pumped $20k+.

RavenHood

full member

Activity: 294

Merit: 105

Yes, don’t panic selling because of the reason bitcoin price is getting very low. If you are panic selling to make sure that your money or investment will not lose, I’m sure at the end of the year you will be a pity because you sell all your bitcoin at the lowest price and don’t just hold you bitcoin. Just keep your bitcoin and chill, I’m sure that bitcoin price will be back in the range of 18,000$. But if you want to sell your bitcoin, it's up to you and good luck.

MMA

legendary

Activity: 1134

Merit: 1000

Quote from: ssuchy on December 22, 2017, 06:27:03 PM

Quote from: sheamus10 on December 22, 2017, 05:01:38 PM

In the trading world of assets like as bitcoin, panic sell is a common thing. But you don't have to worry, because if the current price bitcoin is down.
You just need to be patient and wait for the price to rise or return to the starting price.

I would like to know the opinion, what influenced today to drop the price of Bitcoin? In my opinion, very many factors affect pricing. First of all, if you create a panic in the market, then the lack of demand will reduce the price. But I thought that because of the active price growth last month, demand should only increase, but it turned out quite the opposite.

We are already expecting a little correction in current situation. As the price was almost touching 20000$ which is really a very huge achievement and at that level there is a little psychological barrier can also be involve, therefore i think that the price will very soon recover its previous position after taking a little correction. I do not think that there can be any reason for panic selling as the market is running very smoothly and there is no such bad news about bitcoin or any other crypto world.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: putriangel on December 22, 2017, 01:47:24 PM

I do not panic and keep my bitcoin. I think this is a tough time for a bitcoin hike. But I will be patient to not sell it now and will wait any longer.

Good for you! Before I was one of those people who are panicking when this is coming. I can't accept the fact that the price is falling down that quick but this is me before but now I learned from that thing and I just held all my bitcoins and did nothing wrong as for this major fall down of all crypto's.

ssuchy

full member

Activity: 490

Merit: 100

Quote from: sheamus10 on December 22, 2017, 05:01:38 PM

In the trading world of assets like as bitcoin, panic sell is a common thing. But you don't have to worry, because if the current price bitcoin is down.
You just need to be patient and wait for the price to rise or return to the starting price.

I would like to know the opinion, what influenced today to drop the price of Bitcoin? In my opinion, very many factors affect pricing. First of all, if you create a panic in the market, then the lack of demand will reduce the price. But I thought that because of the active price growth last month, demand should only increase, but it turned out quite the opposite.

sheamus10

full member

Activity: 560

Merit: 100

In the trading world of assets like as bitcoin, panic sell is a common thing. But you don't have to worry, because if the current price bitcoin is down.
You just need to be patient and wait for the price to rise or return to the starting price.

Harley29

full member

Activity: 490

Merit: 100

Quote from: zarados on December 21, 2017, 09:56:32 PM

we cannot change people's habits for the declining state of bitcoin market. From ATH about $ 20k, and now back to the point $ 14k. unconfirmed transaction stack and transaction fee becomes very high. Miners are moving to BCH (as usual). For people who understand, they only see this condition as the politics of miners and also the opportunity to get bitcoin at a cheaper price. While others see this condition as a disaster that can only be stopped with a cut loss or panic sell.

Yes its true there is no need to make any panic because it’s something about money and every one must play here careful your small mistake can out you in trouble if you want to buy or sell bitcoin so you must be careful because if you are investor and you want to get profit so you must be careful about bitcoin price its price matter here and four months before I lose here just because of panic so be careful while selling.

putriangel

member

Activity: 111

Merit: 10

I do not panic and keep my bitcoin. I think this is a tough time for a bitcoin hike. But I will be patient to not sell it now and will wait any longer.

Zertoshi

newbie

Activity: 67

Merit: 0

Quote from: DaddyMonsi on December 22, 2017, 01:25:39 PM

Panic sellers will just cause Bitcoin price to continue to go down.

There are certainly other reasons:

The pool of buyers is exhausting (small investors: most are full in, and reluctant to take their losses)
Figure out a small whale who acquired 1000 BTC (at say 1$) and a pool of small investors with 10,000$ each: the whale needs to find 1000 small investors to cash out (i.e. ready to give him their money) at an exchange rate of say 10,000$/BTC each...

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