Topic: DON'T DO PANIC SELLING !!! - page 31. (Read 8931 times)
For me, i basically done panic selling. Because i know that bitcoin always recovers. If it goes down there is always ups. Also, i dont panic selling because at that it is the end, the end of the beginning of the full capacity. So no need to worry and stay calm.
Panic sellers will just cause Bitcoin price to continue to go down. This is not only correction but also a whales game, they will dump, then others will follow to sell at lower price than whales, then whales will have the advantage to buy what was dumped at lower price. Hold it and keep it, dont worry about what others are saying about crash.
charlie lee should be in jail
If someone feels panic while selling then he should sell out all his bitcoin and never buy again,cos crypto currencies is not for you.Price fluctuations (higher or lower) is very common in cryptos. Use the crash as buying opportunity and accumulate more
I never panic sell bitcoin.
It is because the price will back again after the correction of price. I will never panic to sell my bitcoin for the price is coming pump again I wait for it. 
By panic selling, you will only lose more.
If someone starts a panic selling, others that have weak hands are going to join the panic selling party which will drive the price lower. But by holding, you will be able to get out as soon as the price increase again.
If someone starts a panic selling, others that have weak hands are going to join the panic selling party which will drive the price lower. But by holding, you will be able to get out as soon as the price increase again.
I don't think it's time to panic and sell. Like the three days of the market, although it has fallen by more than 30%. But we believe it will come back after Christmas, and it's a good time to buy bitcoin.
Finally came the long-awaited (at least for me) correction! You can think that this is a Christmas sale for the cryptocurrency 
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Waiting for bitcoin to 10,000 to make a major purchase
.Waiting for bitcoin to 10,000 to make a major purchase
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.
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.
It may well comeback; however, you can't blame those who are panic selling as well because they may have gained those coins with the higher price point. If you have invested in it during the times when it was just around 7-10k, then you wouldn't mind the drop that happened now because it is still around 13k dollars at the moment. However, if you would consider that it was around 16-18k before, and you got the coins for 12-13k, you can say that you are starting to lose profit now, moreover you are entering the losing stage of your investment, so to mitigate the loses, many who have invested just recently and bought their coins at a higher price would binge sell their holdings to get even a little profit.
Everyone selling now is feeding the trolls, the anti-bitcoiners, the bubble mania...
Don't give them anything. HODL.
Don't give them anything. HODL.
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.
Volatile, we must understand that with decentralization, especially Bitcoin, prices are determined by markets with demand-supply indicators. Today many people are selling bitcoins, not because of the need for cash, but because of unfounded issues. Two weeks ago, we were so sure bitcoin would be up to $20k even $25k.
There are some people who panic when prices start to fall even though $ 1k-2 $, i'm not suprise
We must be sure that Bitcoin is supported by a strong community and ready to recovery.
There are some people who panic when prices start to fall even though $ 1k-2 $, i'm not suprise
We must be sure that Bitcoin is supported by a strong community and ready to recovery.
I dont panic sell. I know the price will go up again. In bitcoin we trust.
And somebody can explain why all the cryptocurrencies are getting cheaper now? Is it really influenced by the holidays, because there are no other reasons?
If whales are cashing out their coins (like the LTC founder just did), it must crowd the sell side with thousands or millions of coins. This pushes prices down. 
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.
At the current I want Bitcoin to fall back to $500-$1,000. At least we would have faster transactions, be able to actually send a couple dollars without having to pay double the amount in fees, etc. Plus the band wagoners would be long gone.
Those were the times :/
Those were the times :/
I wouldn't like such big price drop, this wouldn't bring anything good to Bitcoin and the users. Besides price crash wouldn't solve the problems except maybe temporary. And the sense of Bitcoin is not to be able to send few dollars transaction, on the global level that cryptocurrencies pretend that doesn't mean anything.
Like panic selling at the moment would not help.
However, when the financial markets are down, many of us forget this sage advice and instead react with the kind of frantic urgency that you might see during the early days of a zombie apocalypse. Being rash and exiting the stock market or selling shares in response to a drop is not the best way to react. Rather than panic.
At the current I want Bitcoin to fall back to $500-$1,000. At least we would have faster transactions, be able to actually send a couple dollars without having to pay double the amount in fees, etc. Plus the band wagoners would be long gone.
Those were the times :/
Those were the times :/
Consolidations is a part of any cryptocurrencies, even if they are stable they will going to experience many price dip. Panic selling will only lead to some more price dips. Many investors are also looking for cheap bitcoins so it is their time to buy while it is undergoing correction. Maybe bitcoin has it own kind of holiday before bouncing back again.
Unless there's a substantial number of people willing to buy at present levels, this correction will still go deeper until bears get exhausted or have finished selling.
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