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.
Panic selling is obviously the reaction of some people when there's a dropping value of bitcoin. If I only have enough bitcoin then probably I will do the same thing because it is really scary ending up with an empty wallet just because of the falling value of bitcoin.
Topic: I Love To See People Panic Selling Of Bitcoin - page 6. (Read 1173 times)
Thats true, you always learn from mistakes so sometimes it is better and inevitable to make mistakes because we are humans and we cant be perfect at everything. Of course I dont like when someone looses money same as I dont like when I lose money but we cannot help a newbie that is not going to listen to those that already have some experience and he is going to do all the things just as he knows and feels. There are some newbies that just dont understand what you are telling to them and they are to afraid of losing all their money so they sell immediately after the price dropped 10%
I agree, it looks really funny, but there are also problems, people stop trusting bitcoin because of such situations. And just like many people who have a weak psyche, they lost money
Panic selling is the normal reaction that a lot of people choose, a wise investor takes advantage from those sellings and buy for the future. That's how I'm moving now
Panic selling do more harm than good to the price of bitcoin however whenever the price drops it is always a good opportunity for buyers to capitalize in the drop to buy more and hodl, personally from my own close observation this year the price always rises and pullback after some times.
Yes, I agree with you. Because experience is the best teacher! Experience will make us learn from the mistakes and misunderstanding about bitcoin. Though, some newbies are too scared to hold their bitcoin. They want to cut their losses by selling them. Little did they know that they are making their own loss by panic selling them.
of course this is where the right time for us to hunt collect as much bitcoin as possible in the middle of this condition where there is a lot of panic caused by the drop in value of bitcoin and others. however, it's a shame here I have an obstacle to buy it, due to lack of initial funding that I have.
yes indeed regret to take the wrong step is very painful. and I do not think I'm so happy with the look of regret. and we do not have to worry about the slump of bitcoin prices. because we never know what kind of bitcoin is in the future. we just need to wait
Yes, I prefer to see lower bitcoin prices because that's the beat time to buy
selling in a panic may be a natural thing for beginner traders. although it would make matters worse for themselves because they sell in a losing state.
besides that behavior will also harm many people because more and more people who panic and sell his coin cheaply will automatically drop the price of coin in the market.
besides that behavior will also harm many people because more and more people who panic and sell his coin cheaply will automatically drop the price of coin in the market.
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.
For me, it is strange thinking, but when you said, it is welcome for newbies then i agreed with you. But good trader never feel panic, and it is a quality of trader when we do trade without panic and deal with patienter. But majority of newbies trader are doing it, they feel panic in a day and then they sell their coins and sometime they sell their coins in a loss. So it is also strange that we are welcome for newbie in trading and usually newbie are selling their bitcoins because of panic feeling.
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.
For me, it is strange thinking, but when you said, it is welcome for newbies then i agreed with you. But good trader never feel panic, and it is a quality of trader when we do trade without panic and deal with patienter. But majority of newbies trader are doing it, they feel panic in a day and then they sell their coins and sometime they sell their coins in a loss. So it is also strange that we are welcome for newbie in trading and usually newbie are selling their bitcoins because of panic feeling.
not quite like the panic sell situation you should take advantage of this situation to invest, when abnyak people ang sell you must buy more
Panic selling is a phenomena, just that it happens every time the price slumps. I think this is still the effect of the Mt. Gox situation. We cannot expect the price to surpass borders immediately after such. You know, what happened to Mt. Gox is a classic example of why financial market halts growth in value and development. What is just so wrong is what the investors have been doing. You know, every investor, no matter how little they invested on Bitcoin, when considered in volume, really greatly affects the market performance. I just hope there will come a time that people will not get too overwrought about a situation. The more investors unite, the stronger the performance of the market.
Yes! bitcoin is a good opportunity to make a profit, but not now and not with such a market.
Agreed, now is the time to buy, and profits will be waiting in the future. Bitcoin is the best way to make a profit, provided we do not panic with negative news about bitcoin.
I'm always curious why people panic so much. If they invested in Bitcoin then they were definitely aware of the risk unless someone told them that Bitcoin is easy profit without doing anything. They weren't told two things: They should try to understand Bitcoin to know why many people say that it has a big potential and that they have to be patient. Many people regret selling their BTC. It would be an interesting idea to create multisig wallet and give someone you trust the second key.
they panic sell because they are afraid to loose big therfor they choose to sell and only loose a small amount or percent of their holdings but still they still loose at the end, that is why i woudnt really recomend to panic sell not unless you will be needing the money imediately for a verry important occasions and valid purposes but other than that , much better if we can just hodl our coins a little longer so that we can make a good return in the future.
Present market conditions is not good for all crypto lover. Bitcoin goes down a lot & some people also lost their patience. I know it's very very hard time to keep our mind calm. But we need to do this hard work, because all is not over at all. Bitcoin price will be up again within certain period of time. However it's best time to buy bitcoin with cheap price.
Panic selling.
Panic buying or fear of missing out.
I dont think that anyone should care.
Any individual will do w/e they think "right".
Its a circle in the end.
Panic buying or fear of missing out.
I dont think that anyone should care.
Any individual will do w/e they think "right".
Its a circle in the end.
I'm always curious why people panic so much. If they invested in Bitcoin then they were definitely aware of the risk unless someone told them that Bitcoin is easy profit without doing anything. They weren't told two things: They should try to understand Bitcoin to know why many people say that it has a big potential and that they have to be patient. Many people regret selling their BTC. It would be an interesting idea to create multisig wallet and give someone you trust the second key.
People panic selling BTC caused BTC price to fall!
Some people buy a lot of BTC and sell it at a high price!
Wait for the next BTC drop, and do this!
That's how they make money!
Some people buy a lot of BTC and sell it at a high price!
Wait for the next BTC drop, and do this!
That's how they make money!
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