Topic: I Love To See People Panic Selling Of Bitcoin - page 4. (Read 1189 times)
It's basically any trader mentality to get the profit booked as fast as possible. That's how the human tendency is, I suggest many to stay long as soon as they take appropriate positions and wait for the price to reach their targets, with this the patience level also increases and also more profit can be booked in the long run. This is my experience .
I'm hoping you will not be one of them who got unlucky in times of that scenario. I will give you all and teach all my knowledge about all cryptocurrency. It's a good start that you're here with bitcointalk.org where you can get great opportunity when it comes to profit and holding for future. good that you're active here. Stay active in this community 
Because some of newbies why they are always panicking to sell their bitcoin was thry are lacking of knowledge in term of cryptocurrency and trading so that is why they buy when the value was high and when they fluctate the value and make it lowall the newbies was panicking even they lose because the didn't really understand so i advice that give them an advice that panicking is not help for them but holding and more research for more additional knowledge.
Don't love it too much. One of the panic sells could end all crypto! Even blockchain could be affected if BTC crash occurs. The market could think of blockchain as a pariah, refusing to deal with technology associated with a crash. Hopefully, BTC withstands and gains in value. But the amount of weak hands in the current market is just worrisome. Jeez, Binance fud, Korean fud, Chinese fud...can not see the end! All this FUD are only affecting immature market like crypto today.
i'd love that too, Money didn't change, just change owner!
It's just a myth that you bought bitcoin at a higher price and now you will get a loss i personally have found couple coins which can only be traded with bitcoin I'm not suggesting to trade with doge but i had bought at 20 sats and now i have easily doubled my bitcoin even if the price fell i could easily cover my loss and even make a profit instead of selling it for usd people should trade with these type of coins
I fully agree with this opinion. Trading pairs btc\doge, btc\zec, btc\eth practically did not change depending on btc\usd. Therefore, even now, when all is in a panic and the market is in the red zone there is an opportunity to earn, bitcoin trading them in the trading pairs btc\"altcoin." If you master the trade, then the experience of falling or rising prices for bitcoin will go away, you will simply constantly multiply your savings. Another plus is that fiat money will cease to affect bitcoin as much as it does now.
When people tend to panic it shows there level of knowledge about Bitcoin, you do not need to panic, when investors dump base on panic, it gives room for us to invest, I love this too
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 don't agree there. You need to take into account the global feeling of buyers and sellers. If you gain 100% in value very fast in this volatile market, you will be tempted to cash out because you expect a correction. Wherease a steady growth is healthy and attracts smart money for long time investment. 
Only those who are not business oriented engage in panick selling, if you can predict market very well,and business oriented, no need of predict selling, you need to know the time to sell your bitcoin and time to buy bitcoin.
This is the issue, main issue. People planned to come in this world but they don’t set their mind according to business, rather they came here for earning money only. And when such strategies are implemented in any form, their emotions are more powerful than their business minds. Results would always be losing their investments or getting so low profits. We must be business oriented when dealing with profits and losses.
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 feel the same way. I did the same mistakes before but now I learned my lesson and I'm holding my coins very hard, buying even more cheap coins thanks to the dumpers
Better late than never! It was good lesson for you not to panic.
But don't buy very cheap unknown coins. They can dump to the 0$.
Panic selling is happening because there is regulatory for cryptocoins, people are really insecure about crypto asset as we have seen recently google banned ads from its platform , due to that people got insecurity and they started selling their coins at lower price. one more example i wanna add there, recently Indian finance minister statement That " Crypto currency is not a legal tender in India, they govt. is liable to remove all bad impact from crypto asset like corruption and other misuse" There was also people started panic selling.
Just remember one thing in your mind Blockchain has potential to grow in future so don't sell your coins at lower price, because in future they can give you huge Rate of return.
Just remember one thing in your mind Blockchain has potential to grow in future so don't sell your coins at lower price, because in future they can give you huge Rate of return.
It just shows that the market is simply removing and weeding out the weak handed investors who are not built for this market in the first place. At least once they are gone we'll know that only the real investors remain.
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.
That would be good for those who want to start to invest in Bitcoin in a smaller price. There are good benefits in that statement yet there are also bad effect to those who buy Bitcoin in $10-15k price because they are on the verge of losing their investment. Yes we could be happy when some people panic selling their stocks but we have to also think on others who has yet to gain from their investment.
I'm sure that the recent drop in Bitcoin's exchange rates, as well as the cryptocurrencies, has led many new investors to take panic sell action to cut losses. In this time of decreasing exchange rate, we know who is experienced and who is the newbie. Experienced people will continue to invest more in Bitcoin instead of selling to cut losses!
I know the past doesn't always indicate the future but it can provide some indicators so with all of these drops that keep happening, they have happened before and will happen again. The phrase "if you can't handle the dips you don't deserve the gains" rings true in times likes these
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 feel the same way. I did the same mistakes before but now I learned my lesson and I'm holding my coins very hard, buying even more cheap coins thanks to the dumpers
They say people always learn new things the hard way, but sometimes it is not easy to make it with cryptocurrency cause there is so much volatility. The market volatility is what makes the market unpredictable. Sometimes, I even ask myself why am I into cryptocurrency when the market takes a dive because it is very painful to see the market is going down with your money.
Actually this volatility provides the income. If Bitcoin was steady it wouldn't be so interesting for investments. Those who bought or mined BTC in the very beginning made the best long term investment.
Nevertheless we live in the world where the main asset is fiat money. Once everyone would like to get his earned dollars.
Panic will always lead people to act before they think it through. I have also seen people selling when the prices drop but I am definitely not one of them
My very last lesson was selling off some a good coin at a tenth of the price because it was sloping down. Then it mooned, and I thought to myself, never again. Hah. I think it's the learning curve for all noobs to the sphere. I have friends that are too scared to invest, I've had others that have went all in and are now petrified at the price.
We all learn in some form or another
We all learn in some form or another
I always wonder why people sell bitcoin at cheaper price then they bought, lose their funds right now. Is't it better to wait for a long time, to keep hope to get profit. Dont they think someone is buying coins they are selling, do they think they are smarter then buyer?
Yeah it is better to sell at highest price and controlling your mind in hard times when prices are not going up. But this isn’t much easy as to say.Someone who bought bitcoins at any price would definitely has wish to get maximum yield for his investment but what if prices, instead of going up as expected, start devaluing with so much fast rate. What you would do if you would be at his place?
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