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Topic: DON'T DO PANIC SELLING !!! - page 58. (Read 8930 times)

legendary
Activity: 3038
Merit: 2166
Playgram - The Telegram Casino
October 11, 2017, 03:05:58 AM
#14
Looking at the chart it doesn't seem like anyone was panic selling. The market is fairly resilient right now. The critical point will be whether we manage to break through USD 5k,- -- once we manage that a huge psychological barrier will be torn down. Even if the next attack on USD 5k,- fails I don't see the market dipping any time soon either. Maybe some sideways action, at worst.
hero member
Activity: 1372
Merit: 503
October 11, 2017, 03:03:23 AM
#13
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...



Panic selling is really not very right as the name suggests. Panic selling means that you are mindlessly selling off stocks without thinking about its effect on the market and yo you most especially. If a lot of people sell their bitcoin while on panic mode it can have adverse effects on its prices.
newbie
Activity: 4
Merit: 0
October 11, 2017, 02:59:57 AM
#12
I think it's reasonable to assume that unless some major sweeping legislation is passed in a prominent country, selling is ill-advised.

Even if another bloodbath happens, buy the dip.
  Wink

hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
October 11, 2017, 02:48:21 AM
#11
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...


we see many people gets panic when they see the price is down and they do fast selling without thinking much. i think they do this is because they buy bitcoin when the price is at high price so if they don't sell now, they can make profit and they will only loss their money. but for me, although the price is down, i will keep my bitcoin because the price will be back increase later. and if i still have money in my account, then i will buy more bitcoin just in case to prepare when the price is increase again so i can make more profit.
full member
Activity: 154
Merit: 100
October 11, 2017, 02:06:01 AM
#10
ill be panic buying soon - ridiculous amounts too.

If it can dip under 4500$ that would be great - though i dont see this happening SadSad
full member
Activity: 490
Merit: 136
October 11, 2017, 02:00:08 AM
#9
I will not be panic selling either. A quick analysis on coinmarketcap will tell us that the risesnand falls in the market is normal, so there really should be no panic
newbie
Activity: 45
Merit: 0
October 11, 2017, 01:52:10 AM
#8
You are right all I came to know is that bitcoin is that its value increases with the passage of time as more and more (new) people are investing in bitcoin so the demand is increasing but the supply is constant.
full member
Activity: 462
Merit: 102
October 11, 2017, 01:46:27 AM
#7
We can’t take away the possibility that they’re emotionally unstable than others,, it doesn’t mean it is wrong but it can be corrected,, not now but as experience would eventually lessen this panicking.. Op is right that it is us (users,, investors) that dictates the price of it.. So if we react badly it reflects on its price..
sr. member
Activity: 728
Merit: 266
October 11, 2017, 01:36:51 AM
#6



              It doesn't mean the price wont change forever or it will go up or down as long as it wants, the most important trait for you is to control your emotion, over excitement can sometimes lead to a big loss, how much more those who feel down when the price starts to drop low? let's be patient for a while and wait  a little longer.
member
Activity: 98
Merit: 10
October 11, 2017, 01:26:50 AM
#5
It went up because of the upcoming fork and down due to russian News  Roll Eyes
So true, no Need to panic; get yourself some cheap alts!
newbie
Activity: 54
Merit: 0
October 11, 2017, 01:18:51 AM
#4
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.
full member
Activity: 266
Merit: 100
October 11, 2017, 01:11:46 AM
#3
I never panic sell bitcoin. after the March crash.
full member
Activity: 476
Merit: 100
October 11, 2017, 12:40:07 AM
#2
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...


That is true although its price now is already higher than before, we will not sell all our bitcoins. Lets hold some and if we need money sell some.
hero member
Activity: 1862
Merit: 830
October 11, 2017, 12:37:38 AM
#1
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...

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