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Topic: DON'T DO PANIC SELLING !!! - page 51. (Read 8953 times)

full member
Activity: 468
Merit: 100
Experience the Future of DeFi
October 17, 2017, 04:27:19 AM
You know that there will be an upcoming hard fork this November. And there will be a new coin which is Bitcoin Gold. That's a free money guys. So don't think that Bitcoin will dump its price again because it will reach its ATH because of the upcoming hard fork. Those who have their BTC with them will have a free BTC Gold. Just search for those exchanges that will support this fork.
member
Activity: 576
Merit: 43
October 17, 2017, 04:24:17 AM
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...



yes do not sell your bitcoin panic, because bitcoin is currently still too cheap, try you let bitcoin up to 10 years to come then you will get profit very much and profitable.
sr. member
Activity: 630
Merit: 251
October 17, 2017, 04:21:57 AM
Yes agree, when panic of course we will sell any price, I always use long-term analysis so that never loses because of panic. I suggest not to panic and hold because the price will continue to rise.
hero member
Activity: 840
Merit: 516
October 17, 2017, 03:03:06 AM
Yeah it's good if we do not rush to selling bitcoin that we have so as not to feel regret at the end. I think the bitcoin price can still keep moving towards the higher direction again, stay calm and do the best so it can driving a better profit later on.
There is one thing which you can get in return of panic selling and that is a huge amount of loss. There is no point of getting panic and making such kind of decisions which can lead you to loss. Time does not remain like the same, it keeps on changing. So you need to believe in bitcoin and keep on holding your bitcoins for having profit instead of loss.
hero member
Activity: 882
Merit: 506
October 15, 2017, 06:34:13 PM
Keep calm and HODL mate Smiley
Holding is something far better option than that of panic selling. There is no pint of selling your coins at less price which will result in nothing else but huge loss. The one who is going for panic selling is going to lose his very own money with his very own hands. Patience is the only key which can help you in such kind of situation.
Yes holding bitcoin is always is a  good decision, through holding habit you can prevent yourself from a big long, In fact when panic selling started in the market we see that there become uncertainty in the market.

Not really. It's good if it does go up, but what if you bought at a pretty high price like $5,700? Then holding will mean you might be holding on to a bitcoin that was priced pretty high until there is another all time high. Another thought is that just by holding will mean you are not getting anything from it. The best strategy is always to buy low and sell high, make more out of what you currently have and not just wait for it to go up.
hero member
Activity: 840
Merit: 500
October 15, 2017, 06:24:15 PM
Keep calm and HODL mate Smiley
Holding is something far better option than that of panic selling. There is no pint of selling your coins at less price which will result in nothing else but huge loss. The one who is going for panic selling is going to lose his very own money with his very own hands. Patience is the only key which can help you in such kind of situation.
Yes holding bitcoin is always is a  good decision, through holding habit you can prevent yourself from a big long, In fact when panic selling started in the market we see that there become uncertainty in the market.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
October 15, 2017, 05:25:48 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...



What distinguishes selling from "panic selling" to you? The gist of your post seems to be that only panic selling is bad. Perhaps what you've identified as panic selling is merely people taking profit off the table or reducing risk by selling out of a speculative asset. That seems completely rational to me, and a rational selling decision is one I wouldn't characterize as one made out of "panic." It seems you're upset that Bitcoin doesn't do anything but always go up, and that expectation is irrational.
full member
Activity: 285
Merit: 100
October 15, 2017, 04:26:14 PM
Exactly, that will be something you regret for the rest of your life because FIAT money is worthless and bitcoins are so worth saving it's not even funny. Whatever you sell you're gonna kill yourself in like 10-20 years.
full member
Activity: 238
Merit: 100
Medichain: The Medical Big-Data Platform
October 15, 2017, 04:12:20 PM
I agree with holding it. Bitcoin has a lot of the marks of a bubble, and if everyone start panicking it can definitely pop. So just hodl all the way to the bank.
hero member
Activity: 798
Merit: 500
October 15, 2017, 04:03:36 PM
Keep calm and HODL mate Smiley
Holding is something far better option than that of panic selling. There is no pint of selling your coins at less price which will result in nothing else but huge loss. The one who is going for panic selling is going to lose his very own money with his very own hands. Patience is the only key which can help you in such kind of situation.
full member
Activity: 196
Merit: 100
October 15, 2017, 02:47:17 PM
I think that it is not just panic selling, in my opinion it is trading. When bitcoin pump it is quite obvious that after the pump will be dump, later or earlier but dump will come. And after that people will again buy bitcoin and price will be higher..
So you say stop selling but this is an earning, so don't wast your keboard nobody who actually earns will stop doing it if it is profitable.
sr. member
Activity: 1106
Merit: 255
Betking.io - Best Bitcoin Casino
October 15, 2017, 01:42:16 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...


The basis of all "fun" is trust in your investment and patience, because you will never be sure how and when you will earn. Best luck.
hero member
Activity: 3010
Merit: 794
October 15, 2017, 01:32:29 PM
Panic is a state of mind when you can't control your emotions and you start to do everything based on the instinct. Yes, he fluctuation of bitcoin it is something normal, considering the volatility of it and the advise not to sell because you may not be able to do the same amount of bitcoin when the price will start to rise again. So be smart, don't panic.
HOLD HOLD HOLD is the most important word used in trading alts. The more patience you have, the more profit you will make. Even panic selling is most harmfull as it can give you a huge loss if you are trading in huge amounts. In trading bitcoins, just keep buying and storing or investing for your bright future.

Even with alts? I think bitcoin makes more sense to hold. But for most altcoins, they're so low priced that you can lose a lot of money (if not all) if you don't end up selling. I guess if you're talking about bigger altcoins, then it makes sense to hold, but if you're looking at ICOs and such, I think it's too much of a risky move to hold hold hold.
I wont even risk on newly launched coins as you said its really a risky thing to do and hold them knowing that if a new coin launch on exchange it would really normally dump.We dont even know if it would still pump or not but well this is the risk as an investor but its not really bad to hold even on these coins as long we do see that it does really have the potential to grow.
legendary
Activity: 1414
Merit: 1039
October 15, 2017, 01:29:04 PM
Panic is a state of mind when you can't control your emotions and you start to do everything based on the instinct. Yes, he fluctuation of bitcoin it is something normal, considering the volatility of it and the advise not to sell because you may not be able to do the same amount of bitcoin when the price will start to rise again. So be smart, don't panic.
HOLD HOLD HOLD is the most important word used in trading alts. The more patience you have, the more profit you will make. Even panic selling is most harmfull as it can give you a huge loss if you are trading in huge amounts. In trading bitcoins, just keep buying and storing or investing for your bright future.

Even with alts? I think bitcoin makes more sense to hold. But for most altcoins, they're so low priced that you can lose a lot of money (if not all) if you don't end up selling. I guess if you're talking about bigger altcoins, then it makes sense to hold, but if you're looking at ICOs and such, I think it's too much of a risky move to hold hold hold.
newbie
Activity: 43
Merit: 0
October 15, 2017, 01:26:03 PM
Panic is a state of mind when you can't control your emotions and you start to do everything based on the instinct. Yes, he fluctuation of bitcoin it is something normal, considering the volatility of it and the advise not to sell because you may not be able to do the same amount of bitcoin when the price will start to rise again. So be smart, don't panic.
HOLD HOLD HOLD is the most important word used in trading alts. The more patience you have, the more profit you will make. Even panic selling is most harmfull as it can give you a huge loss if you are trading in huge amounts. In trading bitcoins, just keep buying and storing or investing for your bright future.
hero member
Activity: 1134
Merit: 500
October 15, 2017, 01:23:30 PM
Panic is a state of mind when you can't control your emotions and you start to do everything based on the instinct. Yes, he fluctuation of bitcoin it is something normal, considering the volatility of it and the advise not to sell because you may not be able to do the same amount of bitcoin when the price will start to rise again. So be smart, don't panic.
sr. member
Activity: 612
Merit: 250
October 15, 2017, 12:49:30 PM
don't worries. value are going to raise in this week and some next weeks.
Yes waiting is the best thing so wait till the price of the bitcoin is increasing and then you will be able to sell your bitcoin, in the future the income with the bitcoin will be high so it is not the time to sell your bitcoin and then get the loss but tell the people who are having the bitcoin and they are getting the highest profit just in the short time so wait and then be patient for the huge profit with the bitcoin.
full member
Activity: 269
Merit: 100
October 15, 2017, 06:05:44 AM
Yeah, you are right. If people don't sell at panics and wait till the price recovers then they won't lose anything but people have emotions and these emotions force them to sell when there is a panic happening so they don't lose much money than they have lost now. If you look back at charts wgere there were panic drops it always manages to recover to its previous price but despite this peoe will still sell because of emotions.
hero member
Activity: 1134
Merit: 502
October 15, 2017, 05:23:13 AM
I wish everyone are like this, if no one is panic selling and panic dumping then I believe we may hit $10k mark in a short time. These newbies investor are having a weak hand, they are afraid that they will lose their investment because of dropping Bitcoin price. WAKE UP! Bitcoin is designed to be deflationary which means over long term, it is going to increase in value. Keep HODLING.

We cannot blame them if they panic and sell their investment when they see price drop they are just making sure that they only lose some and not all of their investment . I was once do a panic sell when i still new in Bitcoin and it serve as a lesson for me that Bitcoin is stronger than i am expecting. Just an advice sell if you need money if not just hold your coins until you can.
jr. member
Activity: 56
Merit: 10
October 15, 2017, 05:11:38 AM
I wish everyone are like this, if no one is panic selling and panic dumping then I believe we may hit $10k mark in a short time. These newbies investor are having a weak hand, they are afraid that they will lose their investment because of dropping Bitcoin price. WAKE UP! Bitcoin is designed to be deflationary which means over long term, it is going to increase in value. Keep HODLING.
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