Don’t Panic II - page 3. | Bitcointalksearch.org

proudhon

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Quote from: sgbett on February 23, 2021, 12:14:52 PM

Quote from: proudhon on February 23, 2021, 12:08:51 PM

Quote from: sgbett on February 23, 2021, 12:06:26 PM

Quote from: proudhon on February 23, 2021, 11:56:38 AM

Panic. Better yet, strongly and aggressively short. The price will never exceed the ATH and by the end of the year will be closer to $10k. It's pure science and math economic fact.

My dude! Good to see you round these parts Cheesy

Just doing my part to save people from a future of financial catastrophe. Gold looks like a solid investment.

I can confirm this, and have reliable sources in China that can also confirm it too.

This guy confirms.

sgbett

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Activity: 2576

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Quote from: proudhon on February 23, 2021, 12:08:51 PM

Quote from: sgbett on February 23, 2021, 12:06:26 PM

Quote from: proudhon on February 23, 2021, 11:56:38 AM

Panic. Better yet, strongly and aggressively short. The price will never exceed the ATH and by the end of the year will be closer to $10k. It's pure science and math economic fact.

My dude! Good to see you round these parts Cheesy

Just doing my part to save people from a future of financial catastrophe. Gold looks like a solid investment.

I can confirm this, and have reliable sources in China that can also confirm it too.

proudhon

legendary

Activity: 2198

Merit: 1311

Quote from: sgbett on February 23, 2021, 12:06:26 PM

Quote from: proudhon on February 23, 2021, 11:56:38 AM

Panic. Better yet, strongly and aggressively short. The price will never exceed the ATH and by the end of the year will be closer to $10k. It's pure science and math economic fact.

My dude! Good to see you round these parts Cheesy

Just doing my part to save people from a future of financial catastrophe. Gold looks like a solid investment.

sgbett

legendary

Activity: 2576

Merit: 1087

Quote from: proudhon on February 23, 2021, 11:56:38 AM

Panic. Better yet, strongly and aggressively short. The price will never exceed the ATH and by the end of the year will be closer to $10k. It's pure science and math economic fact.

My dude! Good to see you round these parts Cheesy

proudhon

legendary

Activity: 2198

Merit: 1311

Panic. Better yet, strongly and aggressively short. The price will never exceed the ATH and by the end of the year will be closer to $10k. It's pure science and math economic fact.

tokeweed

legendary

Activity: 3976

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Life, Love and Laughter...

Quote from: lablab03 on February 22, 2021, 09:33:28 PM

Quote from: tokeweed on February 16, 2021, 09:23:47 AM

So BTC broke 50k USD twice then dropped back below it twice in a span of a couple of hours or so. And with the way it happened, dunno.. I’m getting a vibe like there’s gonna be a huge sell down back to 40k coming. So yeah, don’t panic. That’s it. Lol.

lol make a specific speculation bro. Don't just make a predictions without making a TA through the graph it self.. Its not good.. Follow the rules when it comes on that situation wherein in order also to get the real information and potential direction of graph, instead of jumping on something such panicking which is not necessarily to do.

But I suck at it bro. And it’s just a vibe I got that time. You know bro... The feelz! It’s like an energy thing. Cheesy

Anyway, I haven’t looked at a single chart since the huge sell down. I sh*t you not. And I wouldn’t be a bit surprised if BTC is at the lower 50’s or a tad lower.

Edit: Took a peek. Ugh.. it’s even worse. It went as low as 45k?!?

Edit: Now I can’t stop looking...

bakasabo

legendary

Activity: 2492

Merit: 1215

See no reasons to panic today, because by looking on 7days change graph, the market is in its natural condition. Some alts gained, some lost their value. Top cryptocurrencies shows growth. Of course it is hard to see red number on the coinmarketcap or coingecko, and have passion to sell immediately. But if people would look more general, they would see that they havent lost much and more likely would recover their losses soon.

el kaka22

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www.Crypto.Games: Multiple coins, multiple games

Quote from: STT on February 21, 2021, 04:55:13 AM

Panic is admirable if timed perfect and in transition counter balanced by an equal amount of excessive greed just as the price finishes its fairly brief sell, which is normally the pattern of a market rising fast but with profit taking by speculators.

Action I have recently is within bounds and reasonable overall, my main regret is I look away for a minute and its mostly finished. Right now its doing the normal deal of wavering around a 12hr average, rapid bullish momentum still would be fair assessment.
So below is the 2 day average rapidly rising, I was going to say if it holds 55750 but really I'd expect it to have to deal with this lower average again. It marked the lows yesterday, its moved fast to converge with the 12hr as of course they are both fast momentum parallels and we'll see if it can hold that amount of energy to close out this weekly bar. For a trade, downside target of 53k would be attractive to some traders perhaps but its not indicated thats reasonable prospect especially.

Panic is laughable when timed badly though, that is very important aspect. Think about it this way, people who saw bitcoin having hard time breaking 20k all sold because it was already too high, and I am not joking anyone who remembers here bitcointalk on the period where it took us nearly a whole month to break over 20k will remember that everyone was talking about reaching another ATH and that was it, not going to be anything more, the price reached 19.6k or whatever and dropped under 18k about 4 or 5 times as well, when you combine a whole month of failing to break over 20k and 4-5 tries and fails there were ton of people who thought it will not go up in return. What happened?

We peaked nearly 3x that price with last ATH, which shows you that those people were wrong. Sure they seemed like logical at the time but the end result became wrong in the end.

UnDerDoG81

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Activity: 2179

Merit: 1201

Quote from: ?? on ??

Quote from: lablab03 on February 22, 2021, 09:33:28 PM

Quote from: tokeweed on February 16, 2021, 09:23:47 AM

So BTC broke 50k USD twice then dropped back below it twice in a span of a couple of hours or so. And with the way it happened, dunno.. I’m getting a vibe like there’s gonna be a huge sell down back to 40k coming. So yeah, don’t panic. That’s it. Lol.

lol make a specific speculation bro. Don't just make a predictions without making a TA through the graph it self.. Its not good.. Follow the rules when it comes on that situation wherein in order also to get the real information and potential direction of graph, instead of jumping on something such panicking which is not necessarily to do.

Bitcoin has broken its highest record so there is nothing to panic about even if the price goes down. It's new time to invest if prices go up those who will invest now will have a new chance to make a profit due to some bad news in the market, is going down but if it continues to go u the current price may go up it's a good time to invest and not panic.

What bad news? I did not hear about it but its perfectly timed as always.

KryptoKings

hero member

Activity: 854

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Quote from: tokeweed on February 16, 2021, 09:23:47 AM

So BTC broke 50k USD twice then dropped back below it twice in a span of a couple of hours or so. And with the way it happened, dunno.. I’m getting a vibe like there’s gonna be a huge sell down back to 40k coming. So yeah, don’t panic. That’s it. Lol.

Up and down is the part of crypto market. While it is not advised for someone to enter during bull phase but if someone has bought at ATH, he should wait for next bull Run.
It may take a year or two but it will happen for sure.

lablab03

full member

Activity: 1064

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Quote from: tokeweed on February 16, 2021, 09:23:47 AM

So BTC broke 50k USD twice then dropped back below it twice in a span of a couple of hours or so. And with the way it happened, dunno.. I’m getting a vibe like there’s gonna be a huge sell down back to 40k coming. So yeah, don’t panic. That’s it. Lol.

lol make a specific speculation bro. Don't just make a predictions without making a TA through the graph it self.. Its not good.. Follow the rules when it comes on that situation wherein in order also to get the real information and potential direction of graph, instead of jumping on something such panicking which is not necessarily to do.

ningrum

full member

Activity: 1610

Merit: 103

The OGz Club

Quote from: tokeweed on February 16, 2021, 09:23:47 AM

So BTC broke 50k USD twice then dropped back below it twice in a span of a couple of hours or so. And with the way it happened, dunno.. I’m getting a vibe like there’s gonna be a huge sell down back to 40k coming. So yeah, don’t panic. That’s it. Lol.

Bitcoin had touched $ 50K and experienced a bounce there, now it is trading at a crucial price of $ 53k,
maybe it will test support again, especially when the RSI indicator on big tf appears bearish divergence,
becareful to buy Bitcoin and altcoins, oh yes of course don't panic .

just_Alice

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Activity: 1274

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Quote from: MCobian on February 21, 2021, 09:33:15 AM

Since I already sold part of my Bitcoin at $ 57k, if the Bitcoin eventually corrects to $ 40k I won't panic. But I will be happy, because I can get
a chance to buy Bitcoin again. Actually, for those who have long invested in Bitcoin, already used to the ups and downs of the Bitcoin price.
The real panic is actually a newbie, who is new to investing in Bitcoin.

I panic when I see txn fees lately Cheesy

When I saw BTC reaching $56-57k I felt like it's about time to sell, but the fees were just skyrocketing, so I thought that maybe it would be wise to swap BTC for ETH and then sell (this used to work some time ago), but fees for ETH are even worse! So I decided to sell BTC as it is and paid a decent txn fee (or so I thought), based on transactions in mempool, but it still got hung up. Now I regret not paying the max txn fee, because I ended up losing more due to the recent BTC price drop.
I guess buy nice or buy twice, in times like this it's better to overpay Cry

tygeade

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Quote from: LogitechMouse on February 19, 2021, 04:35:33 AM

Quote from: tokeweed on February 16, 2021, 09:23:47 AM

So BTC broke 50k USD twice then dropped back below it twice in a span of a couple of hours or so. And with the way it happened, dunno.. I’m getting a vibe like there’s gonna be a huge sell down back to 40k coming. So yeah, don’t panic. That’s it. Lol.

Say this to those newbie investors who have weak hands and can be easily tricked by these negative articles that are spreading on the internet.

As for my part, I've seen it went down from $8,000 down to $4,000 last March 2020 in a span of a day or 2 and I didn't feel any panic but regret because I don't have any money at that time. That is the last time that I will see Bitcoin at that price again Cry

. Huge sell down?? Let it happen so we can buy more at a lower price

I love how WSB brought "weak hands" "diamond hands" and many other lingo into our world as well. Anyone who gets out and runs from the slightest fall is a weak hand for sure, why would you go out right now if you haven't bought bitcoin like for the first time a day ago? It should be obvious that 99%+ of the crypto people are in profit right now, if you bought at ANYTIME before last week you should be in a huge huge profit already, which is why I think there should be no reason to fear.

If you already bought under 40k price, that means you could wait until it goes under 40k a bit (I understand if you sell at around 20k) and if you are not capable of waiting that long, I think it is obvious that you are not going to be profiting from it considering it is going to be higher and higher while people are scared and running away, those people will lose money while we will make a profit.

MCobian

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Activity: 1190

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Since I already sold part of my Bitcoin at $ 57k, if the Bitcoin eventually corrects to $ 40k I won't panic. But I will be happy, because I can get
a chance to buy Bitcoin again. Actually, for those who have long invested in Bitcoin, already used to the ups and downs of the Bitcoin price.
The real panic is actually a newbie, who is new to investing in Bitcoin.

LUCKMCFLY

legendary

Activity: 2590

Merit: 1882

Leading Crypto Sports Betting & Casino Platform

Quote from: tokeweed on February 16, 2021, 09:23:47 AM

So BTC broke 50k USD twice then dropped back below it twice in a span of a couple of hours or so. And with the way it happened, dunno.. I’m getting a vibe like there’s gonna be a huge sell down back to 40k coming. So yeah, don’t panic. That’s it. Lol.

This is not the time to panic, you just have to be restrained in your negotiations, although it is not advisable to buy at new highs or highs, I think the price will continue to rise.

Although I am not a fan of following advice according to the news, this time the greats are very eager to obtain bitcoin, both Microstrategy, Apple, among others that are very influential in the world, but let's ask Elon Musk ..

Apart from emotions are the ones that at this moment are moving the market, I still do not think it is time to wait for a strong correction, perhaps one is pending, but not with strong intensity, at least as I see it, this when seeing the volume of talks.

BrewMaster

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There is trouble abrewing

Quote from: plr on February 20, 2021, 10:59:49 PM

Quote from: tokeweed on February 16, 2021, 09:23:47 AM

So BTC broke 50k USD twice then dropped back below it twice in a span of a couple of hours or so. And with the way it happened, dunno.. I’m getting a vibe like there’s gonna be a huge sell down back to 40k coming. So yeah, don’t panic. That’s it. Lol.

Why panic people are used to it we are have just gone through three years of the bear trend, it's nothing new to us, even the pandemic did not stop the market to go to one dollar, we have through a lot of worse thing in the past, the dip is something that we should always welcome because it's an opportunity open for many of us, get used to it, it's part of the market ever since.

from $57k to $40k is a 30% dump even though this kind of drop is not unheard of in bitcoin history but it doesn't just happen out of nowhere and right at the beginning of the rise. don't forget that we just had one recently and these big drops aren't happening every day.
in my experience the next 30% drop would happen at below $70k when it fails to break.

coin-investor

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Leading Crypto Sports Betting & Casino Platform

Quote from: tokeweed on February 16, 2021, 09:23:47 AM

So BTC broke 50k USD twice then dropped back below it twice in a span of a couple of hours or so. And with the way it happened, dunno.. I’m getting a vibe like there’s gonna be a huge sell down back to 40k coming. So yeah, don’t panic. That’s it. Lol.

You will only panic when you buy at its all-time high then market crash, I don't see this happening sooner, but taking a precaution is always recommended the memory of 2017 is still fresh and many investors lose their investment or sold at a loss, it's something we should consider when looking at the market and planning to buy.

STT

legendary

Activity: 4102

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Panic is admirable if timed perfect and in transition counter balanced by an equal amount of excessive greed just as the price finishes its fairly brief sell, which is normally the pattern of a market rising fast but with profit taking by speculators.

Action I have recently is within bounds and reasonable overall, my main regret is I look away for a minute and its mostly finished. Right now its doing the normal deal of wavering around a 12hr average, rapid bullish momentum still would be fair assessment.
So below is the 2 day average rapidly rising, I was going to say if it holds 55750 but really I'd expect it to have to deal with this lower average again. It marked the lows yesterday, its moved fast to converge with the 12hr as of course they are both fast momentum parallels and we'll see if it can hold that amount of energy to close out this weekly bar. For a trade, downside target of 53k would be attractive to some traders perhaps but its not indicated thats reasonable prospect especially.

Hippocrypto

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Quote from: tokeweed on February 16, 2021, 09:23:47 AM

So BTC broke 50k USD twice then dropped back below it twice in a span of a couple of hours or so. And with the way it happened, dunno.. I’m getting a vibe like there’s gonna be a huge sell down back to 40k coming. So yeah, don’t panic. That’s it. Lol.

This is our right time to enjoy that profit that we dreamed of, and if $40k is possible I think it would recover so fast. Unlike the days that we're striving harder to see $20k that time of 2018 up to 2020. Bearishness of the market made us learned several lessons, and I believed traders won't allow failure to pull their asset badly.

Topic: Don’t Panic II - page 3. (Read 778 times)