DON'T DO PANIC SELLING !!! - page 52.

JeffBrad12

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Quote from: arbitrage on October 15, 2017, 05:58:38 AM

When you are spending a good portion of time here, you can realize that some patterns existing which if followed can bring you profit. Main idea is never sell BTC on bad news, nor believe in the news. Just wait and try to stay calm. Fork, China, Banks, there are plenty of reasons for selling and all of them looking really seriously. Wink

Main problem is fork, and uncertainty about what will happen, everything else is manipulation which uses human emotion.

Talking about the fork, it seem that the trend is positive toward the fork maybe people want to repeat the success of BCH so that they're grabbing bitcoin as much as they can while other bitcoin holders is holding aswell so the price could easily increase because of that.
seeing by that, the certainty of what will happen after the fork is obvious, will be a massive dump because they will move their money to altcoin again.

arbitrage

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When you are spending a good portion of time here, you can realize that some patterns existing which if followed can bring you profit. Main idea is never sell BTC on bad news, nor believe in the news. Just wait and try to stay calm. Fork, China, Banks, there are plenty of reasons for selling and all of them looking really seriously. Wink

Main problem is fork, and uncertainty about what will happen, everything else is manipulation which uses human emotion.

Heyyyrenz

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Actually you can't control the people since it's in the human nature why they're panicking. There are many reasons why the people panic selling

1. They're not ready for trading since they're scared that they might be losing their coins (Traders should know the risk when about bitcoin trading)
2. They want to cut the lose thinking bitcoin may not going to recover.
3. They're affected about the bitcoins news and other alt coins news.

So the best thing to do is be Patient and Believe in your coins.

ajochems

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Quote from: ?? on ??

Keep calm and HODL mate

Panic selling is like losing the chance.If you sell the bitcoin or any other altcoin at when the price reduce to low value means,you are going to loss the profit which you get when the price reaches high value.So avoid of panic selling and hold till the price reach it's original value.Don't do panic selling even when the price fluctuates.

Sled

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Quote from: Ariel11 on October 14, 2017, 04:31:21 AM

Dont worry if there comes a panic selling because it only means that there are more coins available to the market and more coins for the bigs to buy. Panic selling and the price drops? There's even more panic buying because they'll be thinking that the price would go up.

Panic selling is an opportunity and we should not worry for the panic selling because we all know what to do and that is not to do the panic selling and just wait for the dips to come up and buy at the dips and keep it in a safe bitcoin wallet for long term investing and that is how you will become a successful investor because you are thinking out of the box.

TTITA

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don't worries. value are going to raise in this week and some next weeks.

Ariel11

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Dont worry if there comes a panic selling because it only means that there are more coins available to the market and more coins for the bigs to buy. Panic selling and the price drops? There's even more panic buying because they'll be thinking that the price would go up.

sapusapu

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I'm never panic about bitcoin. I believe that if now bitcoin decreasing, it will be rising again for many time. So, why we must panic about it Wink

SirLancelot

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Quote from: Idrisu on October 11, 2017, 07:18:56 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...

This is what many traders does not understand that price must make correlation time to time because of trading activities. When price is going up or when we are witnessing upwards trend many days traders will like to take profits and that will couse the price to fell a little further and that most times create panic and amateur traders will sell at lose. When bitcoin went down last month to around $3,000 last month many people sell they coins at lose price but now bitcoin is above $4800.

This is very absurd to read that Russia is involved in the fluctuations of bitcoin prices. Bitcoin is the decentralized currency and no country is able to control it in anyway. The increase and decrease in values i041s because of the reason you have given not because of any specific country. We should enjoy the pumps and dumps because they make us have enormous profits with bitcoin.

stepwilli

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Quote from: Fireblade on October 12, 2017, 10:14:36 AM

Quote from: Ewinsane on October 12, 2017, 08:35:19 AM

Quote from: xSkylarx on October 11, 2017, 08:23:35 AM

Guess we couldn't really make other people calm when their is a new's about it,
Even if it's just a hoax there are some people that would panic since their money is involve in it.

Proper awareness to every investor must be given to stop panic selling and on top of it panic selling gives loss to investor as well as to bitcoin and then the who community suffer just because of dozen of new investor, so one should manage his nerves and hold his coin till prices go up selling in dump is always leading to the loss everyone should avoid it.

I think in additional with proper awareness one must have good knowledge of trading and investment skill. It is also too much importance that one must have a decision power, because some time we even realize to sell or buy but we do not take the right decision in right time. Mostly we have experienced that those people who are new in trading and having no experience start panic selling which also create uncertainty in market.

Panic selling is the thing that gives loss to investor as well as it effects badly to bitcoin and majorly newbies are panic seller, as they heard about any rumor on the very next moment they start selling and start giving blow to the price of bitcoin the thing one can do easily is to hold bitcoins in such situation that will not give you loss and when it recovers back will bless you,

chickenfried12

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Everyone is in harm now and can not afford to cover so much damage in one's mind can we meet what is right to do What we would do if we thought a sale could really be something that the market wants esspecially altcoins ..

darkangel11

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Don't let others control your BTC -> self custody

It's not only panic selling. There are many names for it depending on who you are and what your plans for the money were. For traders it's either taking a profit (if they sell early on in the dump) or cutting the losses (if they sell in the middle of it). The worst thing you can do is sell when the dumpers are becoming exhausted, but most of us did it at some point. It's a common mistake that you have to make to learn from it.

xbl1008

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yes this is really right why because the paper loss will be realized when you panic sell and if you're going to sell you should decide fast before it hits the bottom a planned trade is always the best, always think the reverse way of what the market is showing to the public if they are creating fear hold and when its euphoric sold..

Akash1243

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Bitcoins price is highly unpredictable and also very volatile which makes bitcoins drop something and rise.Whenever there is a drop i see some people getting panicked and cashing out their bitcoins which they always regret later as bitcoins price rises again.I think holding for as long as possible and believing in bitcoins that it will rise even after drop is the way to profit in future.This rise is mainly due the fork coming soon which could be profitable.

wRex

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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 don't sell it, wait till end of this month, probably Bitcoin will increase again more than $ 6,000/BTC.
Analyst first before you make decision, or you will regret.
Read the history in this month how the Bitcoin trands, you will get good decision. When you Sell it at Highest Price, and buy the lowest price. That for long term trading in Bitcoin.

wuvdoll

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Quote from: Gaaara on October 11, 2017, 05:01:07 AM

Quote from: Somz1 on October 11, 2017, 04:00:49 AM

No worries, btc price will always recover and go beyond

As always, it always been like that since it was created. There is no way of knowing when will bitcoin go over $10k but it will happen as soon as we keep supporting it nothing can go wrong, many tries to deny it but as always it only gets stronger, panic selling is just normal.

No need to worry about people who panic sell because as that person sells the other person can get the benefit from it, basically panic selling cannot affect bitcoin directly, the only on who lose is them.

It was even worse than this when the support was not much back then with every little negative news causing a huge downward trend in value. The thing is as we keep moving on and adoption keeps increasing, the support will keep increasing and we will end up having less reaction to news which usually result to huge dump.

thinkdifferent

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Quote from: andycarrol on October 13, 2017, 03:05:26 AM

When we don't have a lot of experience and knowledge, we will be easy to panic, I very often panic selling and the end always regret. but after having a lot of experience and knowledge I so not easy to panic.

If you believe bitcoin prices can go even higher than current prices in future then no meaning to get panic for short-term fluctuations.

andycarrol

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When we don't have a lot of experience and knowledge, we will be easy to panic, I very often panic selling and the end always regret. but after having a lot of experience and knowledge I so not easy to panic.

TravelMug

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Quote from: Bluestreet on October 13, 2017, 01:39:26 AM

I think price is increasing because of the upcoming forks and no one want to miss this opportunity so they are buying bitcoins leading to this surge in price. But the main thing is what happens after the fork, will bitcoin price go down or will it still stay at this price, what I think is that it will come down due to mass selling.

Fomo is real no doubt about it. They are all anticipating that the upcoming forks will give them free coins from Bitcoin gold. So everyone is jumping onboard and don't want to be left out because the steam has started to roll and we don't know when the train will stop.

As far as sustainability is concern, we can't say it for certain. If they are willing to stay on, or will they go back to altcoins. (specially those who have sold their altcoins and bought bitcoins), remains to be seen. But based on experienced with the Aug. 1 split. After the dust have been cleared, the price remains steady and didn't go down as one will suspect. So I believe this will repeat with the current situation. No major dip, but the price moves on side way. Let's see though it we are going duplicate everything after Oct. 25.

kpcian

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I also suggest people around me don't do that when the panic situation is going on. I believe that that type of situation has been created by intentionally just because of panic selling. Many Bitcoin holders are getting afraid of that situation and sell their reserve at a low price and other people get the opportunity to buy at a low price.

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