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Topic: I Love To See People Panic Selling Of Bitcoin - page 8. (Read 1177 times)

sr. member
Activity: 504
Merit: 251
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There is a massive problem with people panic selling usually because they bought way more than they could afford and trying to claw back any losses. They will more than likely be the ones sorry when value is returned to all time highs.
newbie
Activity: 102
Merit: 0
I think you will buy when everybode sell Grin
newbie
Activity: 168
Merit: 0
I agree, and will say once again that this market panic shows that buying at an all-time high is a bad idea. While I feel for the newbs who did that, they really needed to learn their lesson.
full member
Activity: 434
Merit: 104
I think this is normal because every bitcoin users has a different strategies, As we see bitcoin is dumping because of the FUD so better to ignore it to prevent being a panic seller.
member
Activity: 770
Merit: 10
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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.

Yes, this can be an important lesson to new investors. and I know you are not a beginner like your rank.
at this time, the situation is difficult to guess with the many rumors that continue to be removed from various directions. yes, we can work around this by buying bitcoin from the lowest price.
I agree with your point. Often the market goes down only 2-3 weeks. And only a few days away from the second week, perhaps the price of bitcoin at the moment is the bottom price. We should buy them now or you can invest in NEO or Vechain. NEO will reach $ 120 within the next 2 weeks. Those are my judgments and you should refer to them.
member
Activity: 798
Merit: 10
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.

With panic selling right now, many peoples think its good price to buy. If we are holding bitcoin for long term, we will not affected with this panic sell. I am better holding all my coin because right now market dropping and not good for me to sell

Its good decision if we are holding bitcoin for long time but right now many people panic because bitcoin price drop below $8000. If I have more fund to invest, I will buy now because bitcoin price cheaper
full member
Activity: 532
Merit: 170
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.

Yes, this can be an important lesson to new investors. and I know you are not a beginner like your rank.
at this time, the situation is difficult to guess with the many rumors that continue to be removed from various directions. yes, we can work around this by buying bitcoin from the lowest price.
full member
Activity: 854
Merit: 101
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It's a bit embarrassing when I saw people getting panic, I actually panicked as well. I thought that after knowing a bit of bitcoin for some times, my worries would slightly reduce little by little. I suddenly became unconscious. So when panic selling happens, I quickly contact my friend, waiting for his comment about this. If he is calm, then I think all is well.
full member
Activity: 658
Merit: 100
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
indeed not all coins depend on bitcoin prices, people who have a lot of coin in his wallet will be able to cover losses on trading coins that depend on bitcoin. but some coins depend on fiat currencies such as USD coins are still safe to sell and will not experience losses like other traders who depend on bitcoin
member
Activity: 350
Merit: 10
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 should be the mindset for the newcomers in Bitcoin. Many have benefited from the previous rise of Bitcoin and the next wave would be even bigger and hopefully people will continue to support and patronize crypto currency for the growth of all investors.
sr. member
Activity: 602
Merit: 262
   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?

Some people selling their bitcoin right now because they afraid and stressed to see the whole market in red line they think bitcoin will going to crash and result to zero value why other people are happy to see bitcoin going down they can buy more btc in a low price and when the market going up again it resulting to huge profit thats a circle of crypto world xD
sr. member
Activity: 490
Merit: 262
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The title of your thread suddenly caught my attention snd pissed me of because you're too rude to say that you love seeing othere do panic selling which also means losing money. But now I understand what you really mean by that after reading your post so I'm calm now.

Well, I believe that "Experience" is good teacher. Whatever you are facing right now, whether a triumph or a misery, all of these mold us to become a better version of ourselves. Commiting mistakes is inevitable, you can't run away from it but you can do something to make it favorable to your side. Learn from its lessons and use it to become a wiser crypto holder. If you lose money then it is okay to feel bad but never let sadness eats you, stand up because life goes on and the least you can do is to try your best to avoid committing the same mistake again.
newbie
Activity: 120
Merit: 0
You're very sinister
sr. member
Activity: 980
Merit: 294
Yes, me too. I love to see them panic selling their holdings especially when the dump gets very low that they afraid to loose their investment's value and they're doing the loss cutting by selling their Bitcoin even in a very low price for it is the right time to buy more and wait for the perfect timing to sell for greater income or profits.
full member
Activity: 462
Merit: 100
Totally agree with this one. Even though it sounds awful that I am happy about bitcoin traders that panic sell due to fear, but this kind of slumps give me the opportunity to buy more bitcoins for myself. I don't neglect my bitcoins nor panic sell, I do exactly the opposite and panic buy.
full member
Activity: 364
Merit: 107
Sometimes we need to learn the hard way. With the hype that we saw last quarter of the year enticed many people to invest in bitcoin withou them knowing what really bitcoin and blockchain does. In the end one they only saw a price declined which forced them to sell at a loss. They should learn that before investing they should know what they are getting in to,including the risk factor.
jr. member
Activity: 224
Merit: 3
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.

Not really panic of selling their BTC.  They just want to have a portion of their money than nothing.  Crises on market cannot cause panic a real investors. They already aware of it.
sr. member
Activity: 594
Merit: 250
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.

It's a common scenario for newbies to buy at high price then sell at low. When i was newbie too. I bought bitcoin in a high price then suddenly it goes pump and i was happy but after a couple of weeks. The price went super dump then because i panic. I suddenly sell all my bitcoins and that was my big mistake in the past considering the price after a months recover.
hero member
Activity: 994
Merit: 544
The value of bitcoin is moving down but it is not yet the time to buy bitcoins. Many are saying that the value will still go down below 7k$ and it will eventually hit 5k$. But those predictions are very obscure so I suggest that when BTC will hit at 7k$ to 7100$ value then that is the time to buy. Saying bitcoin will go down to 6k$ and below is a funny thing to hear right now.
full member
Activity: 406
Merit: 100
There is nothing to be getting panicked. I always said this type of market exists in the first quarter every year and its only a major correction happening. We have to wait and also make some liistkosn at this time to get some long term benefit in the future. This is all I can say, I myself has done the same thing and I got results. Panic only creates fear and fear creates losses.
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