DON'T DO PANIC SELLING !!! - page 44.

sabarr

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Quote from: fiulpro on October 10, 2017, 11:37:38 PM

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...

in trading we must be able to control the emotions do not need to panic if the price down, better be patient and wait for the price will surely rise again

ClementManuel

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Quote from: fiulpro on October 10, 2017, 11:37:38 PM

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.

justspare

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Quote from: Manchumichael on October 26, 2017, 09:36:14 AM

Quote from: gesdan on October 26, 2017, 09:16:35 AM

yes its true dont do panil sell, if bitcoin going down yyou need patient to get bitcoin goung up again, look 2 days ago bitcoin price is under $560 but right now bitcoin price is goung to $6000 its mean that bitcoin will going up, they just need a time to recover

Bitcoin price is unpredictable so don't get panic if the price drops suddenly.

Simple and steady advice that make the crust of business success. You will not be going to a successful person until you don’t learn how to deal better with loss and risk factor. And these both are tremendously attached with panic and emotions.

Your decision of profit or loss are attached with emotions. So don’t be panic, prices are always fluctuation. Make it your daily routine.

blackhawkeye1912

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Quote from: fiulpro on October 10, 2017, 11:37:38 PM

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...

So far, bitcoin now was 5900$ something, a weeks from now it is surely will become more than 6000$ when month of November comes up. So even the value was dumped just still hold your coin and don't get panic in it due to it will rise up again and again, just be patience and don't be impatience.

hacker1001101001

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Quote from: fiulpro on October 10, 2017, 11:37:38 PM

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...

I agree what you say some people will think that buying or holding more bitcoin will lead them to loss but i will personally save my bitcoin hold it for some days as i trust that its price will reach heights in coming times. Many experts have already predicted that bitcoin will grow to 10000$ in coming years

supine

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Quote from: fiulpro on October 10, 2017, 11:37:38 PM

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...

Only people who are new on bitcoin panic when price go down. Just, a little info for those who are new and panic when price go down, bitcoin price costed with less than a dollar when it first started, and now it costs more than $5000. Imagine the increment of $1000 a year even if it goes down sometimes. If you can't endure the decrease in price, remember that bitcoin is a long-term investment.

atc1-REAL

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This is what happens when the price of btc goes up, only a few will profit. Have seen it time and again from 2013-4. Alts are in the red because holders wants to turn their Alts to btc and take advantage of the fork. Its not panic selling really, this will not last for long once the people with the alts realize that with money bneing drained from btc will flow into alts.

elghoniya

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Quote from: fiulpro on October 10, 2017, 11:37:38 PM

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...

no... i will save my bitcoin untill have alot coin

Xester

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Quote from: akablackhat on October 26, 2017, 11:09:33 AM

in 2013 BTC become half just because of PANIC SELLING .
i dont think its possible now but if PANIC SELLING continue price will obviously go down.

I did not heard about it. In case it happened again, I will be very happy because that would be a great time a big opportunity for me to buy bitcoins. And I am sure many who believes in bitcoin will do the same. Panic selling is made by people who do not knew bitcoin very well.

usekevin

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Quote from: logicgate on October 26, 2017, 11:00:37 AM

Quote from: lazaruseffect11 on October 25, 2017, 08:59:44 AM

Quote from: fiulpro on October 10, 2017, 11:37:38 PM

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...

Nothing good will happen if someone do something when in panic. It is because they cant think critically and also theyre nervous about what they are doing. So dont do panic buying as well as panic selling. Know the time when to buy and sell bitcoin. You can do that by continuosly monitoring its unstable price.

Panic selling gives unbearable loss to investor as well as to bitcoin because bitcoin never let down anyone’s money and who do panic selling are mostly newbies they are not well aware of the up and downs it the bitcoin prices and when price go down they start selling and in result this give loss to bitcoin and it take time to recover the previous prices also so control nerves in such situations.

Panic loss is based on your wrong decision at the Correct time.If the price of bitcoin is reduced means,it's the correct time to inverse your money.Not to lose your money.So just plan to brought /inverse your money if the price of bitcoin is reduced.Even you can sell the holding Altcoin and inverse in the BTC.This is the best way to react when the price of Bitcoin price is decrease.

akablackhat

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in 2013 BTC become half just because of PANIC SELLING .
i dont think its possible now but if PANIC SELLING continue price will obviously go down.

logicgate

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Quote from: lazaruseffect11 on October 25, 2017, 08:59:44 AM

Quote from: fiulpro on October 10, 2017, 11:37:38 PM

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...

Nothing good will happen if someone do something when in panic. It is because they cant think critically and also theyre nervous about what they are doing. So dont do panic buying as well as panic selling. Know the time when to buy and sell bitcoin. You can do that by continuosly monitoring its unstable price.

Panic selling gives unbearable loss to investor as well as to bitcoin because bitcoin never let down anyone’s money and who do panic selling are mostly newbies they are not well aware of the up and downs it the bitcoin prices and when price go down they start selling and in result this give loss to bitcoin and it take time to recover the previous prices also so control nerves in such situations.

Manchumichael

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Quote from: gesdan on October 26, 2017, 09:16:35 AM

yes its true dont do panil sell, if bitcoin going down yyou need patient to get bitcoin goung up again, look 2 days ago bitcoin price is under $560 but right now bitcoin price is goung to $6000 its mean that bitcoin will going up, they just need a time to recover

Bitcoin price is unpredictable so don't get panic if the price drops suddenly.

gesdan

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yes its true dont do panil sell, if bitcoin going down yyou need patient to get bitcoin goung up again, look 2 days ago bitcoin price is under $560 but right now bitcoin price is goung to $6000 its mean that bitcoin will going up, they just need a time to recover

geopolisch

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Quote from: alisafidel58 on October 25, 2017, 01:32:35 AM

Quote from: karmakeddon on October 25, 2017, 01:08:35 AM

I have a very bad experience with panic selling and it stung me a lot. It happened a few months before halving about two years ago. The price dipped to somewhere around $300 or $400, and I sold a small bulk of my coins. A few days later, the price went up then when the halving came, the price doubled. Nowadays, I hold on to my coins like a barnacle holding on to a rock. Grin

I have the same experience like you do,I didnt notice that the halving of bitcoin was coming i sold about 10 bitcoin.
I did panic when i saw the market was kinda low and read some online news,the lose on that time still in my memories.

This loss of 10 bitcoins have in fact taught you a very good lesson. You will not go for panic selling from no onwards. This is really a common issue especially for the ones who are new to this business. They get panic at the time when they see the prices of the coins going down and instead of just remaining patient, they go for selling which in return results in huge loss. Patience is the key.

n691309

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Quote from: haroldtee on October 23, 2017, 04:19:12 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.

GreenStox

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I have experienced is when panic selling, I regret and loss due to panic selling. so don't ever sell when the panic, because the price will always move up and down, so the panic is not the right time to sell if you don't want to regret it.

Sidiq SP

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ready, sometimes I panic, especially when the value of coin down, especially if it fell too deep, sometimes until it has a thought in the sale loss

lazaruseffect11

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Quote from: fiulpro on October 10, 2017, 11:37:38 PM

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...

Nothing good will happen if someone do something when in panic. It is because they cant think critically and also theyre nervous about what they are doing. So dont do panic buying as well as panic selling. Know the time when to buy and sell bitcoin. You can do that by continuosly monitoring its unstable price.

nelsledma

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Quote from: Lasvista on October 24, 2017, 02:06:35 AM

We can not do this because the bitcoins are also needed by its users.

So when there's a panic selling we expect that the bitcoins will actually fall down. Especially if we can not stop it, we know that when it goes, then we can return to $ 200 a bitcoins.

The ones who used to do such kind of things at the time when the prices are falling down are the ones who are suffering a lot than any other person. At the time when the prices are falling down, getting panic cannot help you in getting anything fruitful. In fact this will add up more troubles for you. You need to remain patient at that time and keep on holding your bitcoins for having profit.

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