Topic: I Love To See People Panic Selling Of Bitcoin (Read 1188 times)
Why it is very difficult for beginners to convey the idea that panic is useless when prices fall... Moreover, it may aggravate the situation, when you start mass selling of bitcoin...
I know there are people get their profit now, they bought their bitcoin on very cheap price and as the bitcoin's price go high there are many dumping their bitcoins. However new investors of bitcoin or should I say newbie on cryptocurrency are panic selling their bitcoin in the mere fact that they bought on ATH all time high price, I love to see that they learn and this is how we welcome all the newbies. Welcome to the cryptocurrency!!! Always learn from the mistake, that's the best strength we can get after losing, that's where we all started.
Well, that was really the initial action that most newbies are doing once they have experience a real dump in their holdings because of the Bitcoin's price dump. Although it was real fun to buy Bitcoin price at a low price but knowing that this was mostly influenced by those who do panic selling, it is sad that they are loosing their own and giving good benefits and opportunities for others. So if we know someone who hesitantly deciding if he will sell or hold into his Bitcoins better to tell him to hold because that was a normal scenario we have in this cryptocurrency world in which change is inevitable and always open for opportunity and coming of losses.
We should be more lenient towards newcomers, many of us were afraid of falling prices at the beginning of their activities. But it's all in the past, empirically realized that to be afraid of drawdowns is not worth it.
I am also glad that there are still ignorant people who sold at a very low price.They are now exactly in the incredible loss and frustration haha
in fact, I do not really like to panic people, because I can also be panicked because of it. well, sometimes humans will panic if they see other people panicked. besides, the price will probably be faster down on the rise.
In reality, many people who were attracted in previous months and bought bitcoin in very high price were now in panic due to suddenly drop of price. They were now worried how they can recover from their losses. Some of them immediately sold it for them to avoid losses or to minimize their losses. But still, there people remain on their investment and willing to take the risk on holding as they hoped that the trend will reversed.
The general population freeze offering bitcoins now will think twice about it really terrible once they understand that this instability is typical in the bitcoin world and that bitcoin is staying put and isn't going anyplace. Its achieved its All time high once and it will break it within the near future. One simply should be quiet and have confide in bitcoin.What I really despise is that they are driving down the estimation of bitcoins and it's really aggravating on the off chance that I had the assets to purchase right now I would be glad however tragically, I don't and that bugs me a great deal yet hello you gotta cherish the amateurs who are so bustling offering their bitcoins.
BitCoin has really changed the face of investing though. People who had previous never dabbled on the stock exchange have had a go at crypto currencies.
I am guessing there are a lot of nervous people out there who have put money into BitCoin!
I am guessing there are a lot of nervous people out there who have put money into BitCoin!
I disagree on the part that you love them to see panic selling their own bitcoin but yeah, experience is the best teacher and they have to experience it first before they learn that bitcoin is an investment that you should put your patience on. Not just because you hear bitcoin gives off a good rate of profit doesn't mean that you always get that high profit. Cryptocurrencies have their own fluctuations in terms of value and it is normal for every one of it. Maybe now the price drops and many newbies panic sell and I hope they learn so in the future they can gain to bitcoin not just lost profit because they didn't trust it.
I agree. Because seeing them panic selling their Bitcoins also make us who hold to suffer because they are rising the demand at low price which makes the price dump into a larger value. With this action done by those people who panic sell their holdings make it a big deal that they do not find Bitcoin to be worth holding on since it was just easy for them to sell it just to save their own from an expected loss which is just brought by the fluctuation of Bitcoin's price value due to such changes in the virtual market. Although this actions makes a better opportunity for us who seeks Bitcoin at a low price, still we suffer in the action they are doing.
It costs a lot to learn specially when you talk about crypto investing. It is in these investment types that you'd rather learn from the mistakes of others rather than from your own.
I know there are people get their profit now, they bought their bitcoin on very cheap price and as the bitcoin's price go high there are many dumping their bitcoins. However new investors of bitcoin or should I say newbie on cryptocurrency are panic selling their bitcoin in the mere fact that they bought on ATH all time high price, I love to see that they learn and this is how we welcome all the newbies. Welcome to the cryptocurrency!!! Always learn from the mistake, that's the best strength we can get after losing, that's where we all started.
I agree to you sir, it is good for them to experience this kind of phenomena so that they will not stay as a spoonfeed here in cryptocurrency world. A lot of newbies or new investors, like you've said, wanted a million in their hands in just a short time. They are disregarding the stage that they can are supposedly learn new things. I don't think that learning from the mistake of others is always a good way to learn new things.
I know there are people get their profit now, they bought their bitcoin on very cheap price and as the bitcoin's price go high there are many dumping their bitcoins. However new investors of bitcoin or should I say newbie on cryptocurrency are panic selling their bitcoin in the mere fact that they bought on ATH all time high price, I love to see that they learn and this is how we welcome all the newbies. Welcome to the cryptocurrency!!! Always learn from the mistake, that's the best strength we can get after losing, that's where we all started.
I agree with you, we all need to learn from mistakes and draw conclusions so as not to repeat them. But not everyone can analyze their mistakes and move on, many people fall in panic, lose money and do not return to it.
I think now is the opportunity to buy more bitcoin because of it's low value. Panic is only for newbie, need to advice them to relax and hold their bitcoin.
Yes, this is our opportunity to buy more bitcoins cause the value is decrease. But panic to sell my coins not now cause I waited the right time to sell it. My friend is a newbie in bitcoin I advice him hold his bitcoin now and be calm and patiently waited the perfect time to sell it. 
Of course everybody likes to start buying new bitcoin traders and by panic sellers and selling their bitcoins on that time , but the important thing is that the action done here is the fact that the selling of the people is losts and you learn from it some lessons . after trade's will be great for them if they still live
bitcoin is trash ((
Yes! bitcoin is a good opportunity to make a profit, but not now and not with such a market.
Yes your right, because the value of bitcoin is still low, although bitcoin is good for earning profit, we must learn how to do it stagically for it to be real. Wait for the right time.
Someone bought Bitcoin at $7K and panicked when the price dropped to $6K last week, that panic guy sold all the bitcoins in stock and some whale bought it - today Bitcoin is near $8.5K - that's the reality.
i love to see people panic sell their coin too, when they do panic sell we can get the cheap price of that coin, its mean that when the panic seller sell their coin we can start to buy more and more, because the panic sell will happen just a while and i think the price will going up again after they do panc sell
I think people should buy bitcoin now and not panic sell it because its price can increase 4 times anyday and people can earn good amount of profit. 
This is the right time to buy bitcoin cause the value is down, but be calm and don't panic to sell your bitcoin now cause we know the value is unpredictable it increases so much 4 times in your investment just wait the perfect time to sell it and earn high profit.
If you are just patient and have enough faith, you will really be happy seeing a lot of people selling their coins because this is also a great chance for us beginners to invest in cheap coins even though we are late in this system.
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