DON'T DO PANIC SELLING !!! - page 42.

nano77

full member

Activity: 392

Merit: 100

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...

yes it is a mistake in trading, if we panic and sell it will be a loss, if you want to trade we must be able to control emotions and patient, calm do not panic because the price will surely rise again

richkellj

hero member

Activity: 756

Merit: 500

Quote from: giarised on October 31, 2017, 01:49:21 AM

Quote from: Xetonica on October 23, 2017, 06:17:00 AM

Quote from: zurc on October 23, 2017, 05:22:34 AM

You can not control panic selling it was made because of bad events happening just like when china banned bitcoin, they dumped it because of the situation

Must better you know how to control your emotion, if you are not to know how to control it maybe when you going to trade some of your coins it well be make have mistake and you can have get only low price for your coins.

You’re right, it can’t be controlled. I even panic in some situations, cause I’m not the type that loves to take risks; although I do take courage sometimes. Sometimes I wonder what happened to Chinese guys that never sold theirs before I Co’s were banned.

There are so many things in your life which you keep on learning with the passage of time. With experience, you can learn this art of controlling your nerves. I only know one thing that if you are going to sell your bitcoins and that too at low rates, then this will only add more troubles for you and it will not bring any fruitful results. You keep on trying for remaining cool and calm at that time.

futile-resistance

hero member

Activity: 840

Merit: 516

Quote from: Vzae on October 30, 2017, 02:41:50 AM

I never panic sell, dont worry price bitcoin bitcoin prices will be stable again if it has been dumped.
So, dont do panic selling but hold guys..

Exactly all the traders have to understand this factor about bitcoin. And they must have trust and confidence in it. There will be defiantly some pumps and dumps coming in the life of bitcoins, but you don’t have to lose heart for such little dips. Like you said there must be one thing coming in your mind after seeing any dip, bitcoin will surely grow up again. Then be wise and hold.

redsun114

hero member

Activity: 2674

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: eann014 on October 28, 2017, 11:38:11 PM

Quote from: DrGuns4Hands on October 24, 2017, 08:54:56 AM

Guys don't do panic selling as the title says because panic selling can cause decrease of the price of bitcoin. If we can make it more stable that many people bought btc and invest on it we could reach the $10000 barrier soon. I already did panic selling before but right now I'm gonna hold because i know that bitcoin could go rocket before the end of the year.

Yeah that is true, panic selling makes the bitcoin price gets lower, when a lot of us sell our bitcoins at the same time then that is the time bitcoin price will dump. So, we really need to be more more patient since that is the key for us to get huge bitcoin price and gain more profit in the future and $10,000 is not impossible to hit.

Panic selling obviously leads to decrease in bitcoin prices moreover it takes away chances and opportunities form us of making grand money with bitcoin because bitcoin is evergreen investments and we all know that bitcoin keep on increasing in value over the time. You should not sell off the most expensive digital currencies just because it is going through dump phase at that moment.

giarised

full member

Activity: 357

Merit: 102

Quote from: Xetonica on October 23, 2017, 06:17:00 AM

Quote from: zurc on October 23, 2017, 05:22:34 AM

You can not control panic selling it was made because of bad events happening just like when china banned bitcoin, they dumped it because of the situation

Must better you know how to control your emotion, if you are not to know how to control it maybe when you going to trade some of your coins it well be make have mistake and you can have get only low price for your coins.

You’re right, it can’t be controlled. I even panic in some situations, cause I’m not the type that loves to take risks; although I do take courage sometimes. Sometimes I wonder what happened to Chinese guys that never sold theirs before I Co’s were banned.

Tamilson

hero member

Activity: 1022

Merit: 503

Quote from: Hasbro27 on October 30, 2017, 09:44:29 AM

I have experienced panic selling, maybe because I was afraid of big loss, but after selling it turns up, maybe it happened because I still study, for now I am more patient and more careful to determine when to sell and when to buy

You lack in trusting your coins that you're holding. If we put our 100% trust to our coins like whatever happens even it experienced a downfall we still believe that sooner it'll recover as so we still hold. It's ok to feel panic sometimes as we're humans but don't let this eat you and your brain, just breath in and out, pick up your thoughts and think logically like we all don't want to losing each day of our lives.

Activitycoin

full member

Activity: 476

Merit: 100

Quote from: XCANA on October 28, 2017, 08:39:38 AM

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...

What believe is that most people who are involved in panic sell are people that cannot control there emotions or invested more than what they cannot afford to lose. There is for investment diversification in other to reduce the risk of losing or panic of losing your capital.

Yes its true we need to be very careful in selling some time the price will be high and some time the price will be low but its normal no need to male panic it’s a part of market trade and bitcoin is a digital currency it’s also related with market trade so always keep your eyes on price on daily base and then take next step according to the price.

Hasbro27

full member

Activity: 378

Merit: 100

I have experienced panic selling, maybe because I was afraid of big loss, but after selling it turns up, maybe it happened because I still study, for now I am more patient and more careful to determine when to sell and when to buy

farwellbit

full member

Activity: 287

Merit: 102

Quote from: Sled on October 25, 2017, 02:13:02 AM

Quote from: ?? on ??

Quote from: Theb on October 23, 2017, 07:54:14 AM

Well it is easier said than done. When you are put to a spot where the traders see that their portfolio is red your emotions will overshadow your thinking making you have wrong decisions and often lead to messing up your plan. When you are affected psychologically it really won't help you as you will see that Bitcoin is really going down fast and you will always think that it is a game over for Bitcoin making them cut their losses. For me when to avoid scenarios like this you must observe the charts in order to know where the trend will go.

Yes I agree with you there is no need to make any panic in selling of bitcoin always keep your eyes on market trade when you see the price is high then sell your bitcoins because bitcoin is now one of the stronger and good currency around the world and it change his price in a week fast so need to be careful about selling.

It is better to just hold your bitcoin and keep it on a safe place rather than selling it even the price is falling down. If you will do panic selling then you will lose your opportunity to make money in bitcoin and the chance for getting the benefits of bitcoin in the future will be gone. Bitcoin is still developing and the dumps are still common in bitcoin so just take advantage of those dumps and buy those dumps to get cheaper bitcoin for long term investment.

I do panic when price is falling no matter how much I try, and that’s due to the fact that I don’t want to lose any money or profits gained overtime. I’m not the type that can stand and watch my money fall, why taking nonsense courage, nope, I better withdraw immediately, I’m not putting 100% trust on anything.

iv4n

legendary

Activity: 3248

Merit: 1179

Quote from: jpoker272727 on October 30, 2017, 08:33:00 AM

Quote from: XCANA on October 28, 2017, 08:39:38 AM

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...

What believe is that most people who are involved in panic sell are people that cannot control there emotions or invested more than what they cannot afford to lose. There is for investment diversification in other to reduce the risk of losing or panic of losing your capital.

If someone feel panic while selling then he should sell out all his bitcoin and never buy again, because it is very strange why one should be panic in selling buying or spending his bitcoins. All these are the part of business and it also depends upon the need of a person.

I think there is nothing to be panic. One would increase his blood pressure with these simple things like trading, buying or spending his bitcoins.

Who ever panic will make some wrong decision, and every wrong decision in trading cost money, and more wrong decision is more money will you lose because of that mistake. But we were all young and making mistakes is natural process for learning, panicking is something that we all face with and to learn to stay cold headed is something that comes after a lot of practice.
It's easy to talk about this now, but when moment come when we are facing with big decisions we think differently and we forget everything we learned. There is no need for panic but in moment when your money depends from your decision is something we all panic about.

orions.belt19

full member

Activity: 686

Merit: 146

People tend to panic sell if they are doubtful or worry too much. When they think that a small price drop would mean doomsday for them, they lose their wits and fail to think properly. This makes them sell their coins prematurely, and surely regret right after especially when the price goes up. As an investor, we must remain firm with our investment because it is but normal to experience some price dips and corrections. One should be able to control emotions so as not to panic sell.

jpoker272727

legendary

Activity: 1137

Merit: 1000

Quote from: XCANA on October 28, 2017, 08:39:38 AM

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...

What believe is that most people who are involved in panic sell are people that cannot control there emotions or invested more than what they cannot afford to lose. There is for investment diversification in other to reduce the risk of losing or panic of losing your capital.

If someone feel panic while selling then he should sell out all his bitcoin and never buy again, because it is very strange why one should be panic in selling buying or spending his bitcoins. All these are the part of business and it also depends upon the need of a person.

I think there is nothing to be panic. One would increase his blood pressure with these simple things like trading, buying or spending his bitcoins.

Hk009

jr. member

Activity: 55

Merit: 10

I believe the same thing. My friends thought that its over, btc is done 6 gran is OK and sold their btc s out. It will go beyond that, I believe.

Vzae

full member

Activity: 431

Merit: 100

I never panic sell, dont worry price bitcoin bitcoin prices will be stable again if it has been dumped.
So, dont do panic selling but hold guys..

zergenyt09

full member

Activity: 297

Merit: 100

Quote from: Dodoymabs on October 28, 2017, 08:46:45 AM

That's what we must do if this is happening.Panic buying can lead us to wrong decision.Patience is a must to be able to achieve a good results.Other people can't handle this kind of situation because maybe their lack of trusting the potential increase of a crypto.

Being panicked at most of the crucial times, is the reason majority of traders indulged in. they didn’t knew how to make themselves controlled over emotions.

When the hard times came in market, they just got panicked and they definitely ending up with huge losses. So, patience is one of the most vital and important key for success. All you need is be patient and be wise.

bearexin

full member

Activity: 1162

Merit: 168

Quote from: ClementManuel on October 28, 2017, 02:22:15 AM

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...

Panic selling is a practice not only in bitcoin, it is a human nature to dispose things once the value goes down, hoping to cut the loss. But it is in fact a wrong practice.

If you are into the world of bitcoin, then the worst thing which you can ever do with yourself is getting panic and losing control over your nerves. There is nothing fruitful which you can get in result by doing panic selling. You will only lose your money if you decide something like this at the time when the prices are falling down. You actually need to remain cool and calm and try to remain patient and hold your coins.

sirslayer

hero member

Activity: 540

Merit: 501

chickens and cryptos

Quote from: n691309 on October 25, 2017, 10:30:16 AM

Quote from: haroldtee on October 23, 2017, 05:19:12 AM

Quote from: ?? on ??

Sometimes it's hard not to panic and keep calm. But when the price falls it's a good chance to buy Bitcoin but not to sell it. Because in a few days the price will increase again and you will be very sorry. You have to be patient.

Honestly, for someone who is going to be holding for long, I do not see any reason why they should panic. Most people are just in this ride looking for the fastest ways to double their money and have no idea what bitcoin is even all about. Ask some people today to tell you what they understand about the blockchain technology, they will blab rubbish.
However, if you understand the value of bitcoin and also understand the volatility after monitoring and studying the movement since the beginning, then you will see dips as blessings instead.

This is just pretty right. Bitcoin is totally still undervalued, so what any hypocrite wants to say won't stop the value from increasing the more. As the adoption keeps increasing we will keep seeing the value rising the more and at this stage, compare the adoption to when we will have mass adoption.

Just as you have said as well, the fact that we are still early adopters is why we are experiencing this high volatility, a time will come when the volatility will reduce and we will end up seeing the light volatility seen by other currencies which is normal and not worry too much about it.

Yes I agree with you trade and investment not accept any panic and pressure so we need to be very open minded while doing trade or investment here because price up and down is a part of market trade some time it will be high and some time it will be low so we need to be relax and no need to make panic thane you can take profit.

yanlap

hero member

Activity: 672

Merit: 500

Quote from: sheldonnnn on October 28, 2017, 07:39:36 AM

Yes, panic selling is one of the most stupid things you can do with bitcoin. It's sometimes hard to keep calm. Вut you need to remember that the instability of the Bitcoin's price is normal and it will grow again. You can get a much bigger profit if you wait.

Yeah all the people are now aware of it because the bitcoin price and the value will get more and more space so buy the value of the bitcoin, it is very important to have the bitcoin for the long time and the price will increase more and more, as much as you buy because if you will buy the bitcoin and will hold for the long time you will be able to get the profit indeed, so selling price is not good for the small time.

PokerStein1

full member

Activity: 392

Merit: 100

I really can't understand panic sellers , how you can sell something under the price you bought and deep inside you know it will be fix its price sooner or later.

Quietman

sr. member

Activity: 292

Merit: 250

I've learned my lesson well in the past fork that happened last november. That time I panicked and sold my bitcoin and after that, the price of bitcoin skyrocket. It's really natural but I think if you are confident with bitcoin, you wont panic and wait until bitcoin has recover. Panic wont help you profit. That will only make you lose the opportunity to gain.

Topic: DON'T DO PANIC SELLING !!! - page 42. (Read 8930 times)