Topic: Learned so far, never sell Bitcoins out of panic in a dip! (Read 382 times)
Most of the experienced users have realized this. They will stay away from the FUD-spreading mainstream media. But can't say the same about the new users. They are more likely to dump their coins, under the influence of negative propaganda. But I would like to make clear about one thing. If you are investing in BTC, don't expect profits over-night. Be prepared to hold on to your coins for at least 2-3 years.
Your emotional capability to handle news about bitcoin will be a great factor that will help you to avoid this common mistakes of a newbie. We should always stay calm no matter what we might heard from other people about bitcoin. But this mistake of yours is okay, because you learned an important lesson in making decisions about bitcoin.
making mistakes like this don't matter. mistakes like selling in the dip or mistakes like buying on top and then experiencing a big drop and big losses.
what matters is what you do when you make those mistakes. because making them is inevitable. for example if you sold in the dip out of panic and price started recovering what did you do? most people stand around and watch the price go up wishing it would come back! but the successful investors buy back.
the same goes for buying on top and when price drops. you sell to prevent further loss and buy back after the drop was finished to recover the small initial loss and make profit on the recovery.
an excellent remark...even if the mistake is already committed, you need to instantly draw conclusions and move on, and don't continue to be in a panicwhat matters is what you do when you make those mistakes. because making them is inevitable. for example if you sold in the dip out of panic and price started recovering what did you do? most people stand around and watch the price go up wishing it would come back! but the successful investors buy back.
the same goes for buying on top and when price drops. you sell to prevent further loss and buy back after the drop was finished to recover the small initial loss and make profit on the recovery.
Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond! 
Some sell it out of panic some sell it out of need. But yes, saving it right now is more profitable than selling it. It's price is rising spontaneously and the peek is nowhere near. That means more rise in price, more profit is expected.
I learnt this a long time ago. BTC works like magic, you can't always predict the next move.
Most people who just started in crypto currencies have had this.
If you're buying for the long term, then it might be a good idea to withdrawal them to a wallet instead of the exchange,
so it's not that easy and tempting to sell it as soon as it's value is going down.
But you learned from your mistake, so that you won't make it another time.
That's worth something as well.
If you're buying for the long term, then it might be a good idea to withdrawal them to a wallet instead of the exchange,
so it's not that easy and tempting to sell it as soon as it's value is going down.
But you learned from your mistake, so that you won't make it another time.
That's worth something as well.
Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!
The scariest thing to happen is you bought at the top and the price starts to drop immediately. For a newbie in bitcoin, that is really scary. It is a good thing you learned to become a holder early. Just do not get caught with FUD and even if the price corrects, you will be fine. Even better, forget about your bitcoin for a while and get surprised with the price after a year.
making mistakes like this don't matter. mistakes like selling in the dip or mistakes like buying on top and then experiencing a big drop and big losses.
what matters is what you do when you make those mistakes. because making them is inevitable. for example if you sold in the dip out of panic and price started recovering what did you do? most people stand around and watch the price go up wishing it would come back! but the successful investors buy back.
the same goes for buying on top and when price drops. you sell to prevent further loss and buy back after the drop was finished to recover the small initial loss and make profit on the recovery.
what matters is what you do when you make those mistakes. because making them is inevitable. for example if you sold in the dip out of panic and price started recovering what did you do? most people stand around and watch the price go up wishing it would come back! but the successful investors buy back.
the same goes for buying on top and when price drops. you sell to prevent further loss and buy back after the drop was finished to recover the small initial loss and make profit on the recovery.
Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!
Understood but most has to,, not because they are afraid or not believing bitcoin but because they have to on financial reason.. Cultures and tradition differ a lot even on investment behaviour but that doesn’t it is generalized on one country but it matters a lot on financial status of an investors.. I always respect everyone choices and must accept the consequences after then no need to regret..
Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!
Don't worry, it happens to a lot of people who are new and not familiar with how bitcoin's price really works. The important thing is, you learned a very special lesson that could help you in your future bitcoin career. There will be a lot of dips and pumps that will happen along the way so you should not get carried away easily by the looks of it. Just be wise with how you use your bitcoin. 
Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!
Bitcoin should get over twenty thousand dollars soon and then it will continue to get more pricey. Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!
you can think like that but still it's no assurance here in crypto because we don't know what will can happen here in crypto in the future so for better you need to think all of the possibility so start to save btc,do buy and sell in trading,do join campaign,do faucet all the things that we can do here in crypto is better so the assurance of losing here is so low than to think negative like to lose or bitcoin will be gone.Moreover save also money in real life for the safe and wise future.
Bitcoin is very volatile, the value is capable of changing from time to time. Whenever there is a price dip for sure it will get back on track and will rise again. So there's no need to panic about every price dip, just hold your btc.
Lesson learned. Never to panic in anything don't believe in people saying that bitcoins is just a bubble waiting to burst.
Provided you can afford to hold them anyway, and ride it out!
honestly for me personally, at the time of starting to make an investment, I often feel panicked when I see the coins that I bought suddenly decreased, and at that time I panicked and sold it all, not long after the price back to normal even more increased than before , and after the experience I have experienced, I begin to understand where the market is running and so volatile, where its prices are very unstable, but if you can take advantage of the instability you can gain many benefits
Who knows, you might have done the right thing if it happened to be a real crash. We can never really predict the direction of BTC, what you can manage are your losses.
Yes, you're correct somehow. But there might be a hint or signs before the real crash will happen. Anything can happen within just a short period of time like what we have witnessed in the bitcoin's price this year, we should know the risk and expect to lose once we started to invest here.
Well, one should never buy or invest in the first place if he is not comfortable in holding in the possible worst cases. In the wild market like cryptocurrencies, 20% to 50% fall is normal and especially when you see that price is trailing at more than 800% level than that of a few months ago, it is likely to fall soon and if someone is not comfortable to hold in such situation then it's better to cash out instead of blaming the situation.
Learned so far, never sell Bitcoins out of panic in a dip! She keeps bouncing back and beyond!
Yes i also learned that because bitcoins are just a roller coaster they jusy go up and go down so whenever they go down just stay calm and do not panic because it is just a temporary drop bitcoins will not permanently drop no not this time because this is the perfect year for bitcoins they are successful very successful this period of time sp itbis impossible for them to lose their value because a lot of people are investing in them and more and more people are putting their money intp this so just take advantage to that thing.
why it can happen to you? if you feel panic that makes you doubt, then I suggest you better hold it. until you see a greater advantage approaching you.
Jump to: