Message to all people who panic when crypto price goes down! - page 2.

LeonardoDiCrypto

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Quote from: crazyivan on February 08, 2018, 03:00:34 AM

Quote from: trickyriky on February 07, 2018, 10:41:59 AM

Quote from: crazyivan on February 06, 2018, 02:52:35 AM

Why do you panic? Why?

IF YOU DO NOT SELL, YOU DO NOT LOSE ANYTHING! YOU LOSE THE MOMENT YOU SELL, after you purchased high and buy low. It does not matter what is the price ATM, the only thing which matters is what is the price when you decide to sell. So, to shield yourself from losing money, DONT sell under the price you bought it.

If you trust in crypto and believe it ll bounce back, WHAT THE FUCK IS THE PROBLEM AND WHY PANIC?

If you do not trust in crypto and you have doubts whether it ll bounce back, well, in that case you are in the wrong industry and you shouldn't have invested in crypto in the first place.

So knowing this, what is the problem again?

EDIT: This post was created on February 6, 2018 when BTC price reached $5920. After a few days, it recovered to $8k. Will keep this ledger so people know Bitcoin ALWAYS recovers!

Thank you for this message and for this support, man! Some of us really need it very much. I am an optmist and believe that the market will go up.

Once more, I ve seen this happen almost 60 times. FUCKING 60 times.

Every time new users scream, cry and lose money. You need to have trust into crypto and patience. Once you survive your first or second dump without selling and without a loss, you simply do not care anymore.
Panic is you enemy, whenever there re red candles, simply move away from crypto for a few days, dont check the price, dont read the news. Once you get back, you ll again be in the green and you can move on.

Wow man, 60 times is really a lot. I saw it happen just a few times from 2014 when I have discovered cryptos but I am already starting to realize the same.

daarul50

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Quote from: crazyivan on February 06, 2018, 02:52:35 AM

Why do you panic? Why?

IF YOU DO NOT SELL, YOU DO NOT LOSE ANYTHING! YOU LOSE THE MOMENT YOU SELL, after you purchased high and buy low. It does not matter what is the price ATM, the only thing which matters is what is the price when you decide to sell. So, to shield yourself from losing money, DONT sell under the price you bought it.

If you trust in crypto and believe it ll bounce back, WHAT THE FUCK IS THE PROBLEM AND WHY PANIC?

If you do not trust in crypto and you have doubts whether it ll bounce back, well, in that case you are in the wrong industry and you shouldn't have invested in crypto in the first place.

So knowing this, what is the problem again?

EDIT: This post was created on February 6, 2018 when BTC price reached $5920. After a few days, it recovered to $8k. Will keep this ledger so people know Bitcoin ALWAYS recovers!

This dramatically reduced price of bitcoin is an important lesson for people experiencing panic in bitcoin investments. It seems that those who are experiencing the panic have not really understood the fluctuations and risks of bitcoin investment. The world of crypto has a price movement that is different from other digital assets such as the stock market. It is what keeps people interested in cryptocurrency as an investment choice. This message can help beginners decide what they will do to the crypto they have.

v0rtecxz

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there may be pressures that make them sell when prices are down, their lack of experience in trading or investing in crypto, of course it would be very easy to be affected by news related to crypto decline that caused them to panic by selling their crypto in order to prevent losses which is increasing, of course it is not a bad thing, but sometimes we have to be careful to see how the market goes, we should be able to take advantage of the situation as well as possible, rising and falling bitcoin prices is a normal thing and that is where we can get profit

swogerino

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Bitcoin Casino Est. 2013

New people in the crypto area tend to panic and start selling their crypto. The problem with these people is that they don't know the fundamentals backing crypto and mainly bitcoin. They think it is just an internet thing and confuse it with "thedotcom" bubble. This is why the whales are always making money from these people. Whales sell their coins from 18.000 to 5900 dollars and many of the people who panicked did sell their coins. What whales are doing, is buying them back for a really low price of 5900 dollars and up. This cannot be changed unfortunately as there will always be people who will panic. This message is a good reminder.

Geemy

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The message is to keep all your digital currency and do not sell because the first sale will not earn what you want from the profit and will also lead to a fall in the price of the currency

makolz26

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Quote from: Destroyeroff98 on February 12, 2018, 11:13:51 AM

Quote from: crazyivan on February 06, 2018, 02:52:35 AM

Why do you panic? Why?

IF YOU DO NOT SELL, YOU DO NOT LOSE ANYTHING! YOU LOSE THE MOMENT YOU SELL, after you purchased high and buy low. It does not matter what is the price ATM, the only thing which matters is what is the price when you decide to sell. So, to shield yourself from losing money, DONT sell under the price you bought it.

If you trust in crypto and believe it ll bounce back, WHAT THE FUCK IS THE PROBLEM AND WHY PANIC?

If you do not trust in crypto and you have doubts whether it ll bounce back, well, in that case you are in the wrong industry and you shouldn't have invested in crypto in the first place.

So knowing this, what is the problem again?

EDIT: This post was created on February 6, 2018 when BTC price reached $5920. After a few days, it recovered to $8k. Will keep this ledger so people know Bitcoin ALWAYS recovers!

I agree that you do not need to sell the crypto currency at the price for which you bought it. Especially since the price fell within a short period of time.

Well, for all those who are afraid just continue to be afraid whenever you are seeing that the price is going down, and regret afterwards when the price goes up, and then just continue what you are doing by making a panic selling all the time because that will make you rich and would change your life, so just keep it up if you don't want change.

Destroyeroff98

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Quote from: crazyivan on February 06, 2018, 02:52:35 AM

Why do you panic? Why?

IF YOU DO NOT SELL, YOU DO NOT LOSE ANYTHING! YOU LOSE THE MOMENT YOU SELL, after you purchased high and buy low. It does not matter what is the price ATM, the only thing which matters is what is the price when you decide to sell. So, to shield yourself from losing money, DONT sell under the price you bought it.

If you trust in crypto and believe it ll bounce back, WHAT THE FUCK IS THE PROBLEM AND WHY PANIC?

If you do not trust in crypto and you have doubts whether it ll bounce back, well, in that case you are in the wrong industry and you shouldn't have invested in crypto in the first place.

So knowing this, what is the problem again?

EDIT: This post was created on February 6, 2018 when BTC price reached $5920. After a few days, it recovered to $8k. Will keep this ledger so people know Bitcoin ALWAYS recovers!

I agree that you do not need to sell the crypto currency at the price for which you bought it. Especially since the price fell within a short period of time.

jzone23

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Quote from: crazyivan on February 06, 2018, 02:52:35 AM

Why do you panic? Why?

IF YOU DO NOT SELL, YOU DO NOT LOSE ANYTHING! YOU LOSE THE MOMENT YOU SELL, after you purchased high and buy low. It does not matter what is the price ATM, the only thing which matters is what is the price when you decide to sell. So, to shield yourself from losing money, DONT sell under the price you bought it.

If you trust in crypto and believe it ll bounce back, WHAT THE FUCK IS THE PROBLEM AND WHY PANIC?

If you do not trust in crypto and you have doubts whether it ll bounce back, well, in that case you are in the wrong industry and you shouldn't have invested in crypto in the first place.

So knowing this, what is the problem again?

EDIT: This post was created on February 6, 2018 when BTC price reached $5920. After a few days, it recovered to $8k. Will keep this ledger so people know Bitcoin ALWAYS recovers!

I'm not that expert nor veteran type of enthusiast when it comes to crypto, ut been more than a year risking and earning though. I am also not one of those people who panic sell everytime crypto falls (but I've been - when I am a newbie) and I understand people who do panic sell and want to give reason why;

(1) Volatility is given a hundred dollar value today might be zero value tomorrow, isn't this something to scare about? (yeah people who have no guts to risk shall not enter this kind of trade but they re still people who wanna seize every opportunity to improve lives financially)
(2) Some of us risk almost all we have, not just an amount we afford to lose for the chance to be a hundred fold more intention, but if keep hodl and fall continue it would mean hunger for a mont so they move fast and recover anything left than lose everything (which is possible)
(3) Not all times, hodling had been a good move just look how many alts already delisted in exchange and die.

Note: I have no one against with just saying my own opinion being understanding to panic selling. I not sure if all of us here had been one of them before, but I'm sure most of us did.

ninabobo

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Yes, I agree. but not for beginners who buy bitcoin from the highest score. there was a lot of panic on yesterday. no one will know the market will go down and slip. the problem is, beginners who invest in bitcoin do not have much knowledge and experience. I think this is the basic problem,

severaldetails

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It would be interesting to think about what would happen if nobody panics. Would the price go on and on? Or would the dips just take longer because they are carefully thought through selling actions? Or would the dips be not as intense and the ups not as high because everybody has a reasonable price for bitcoin in mind?

joebrook

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Quote from: crazyivan on February 06, 2018, 02:52:35 AM

Why do you panic? Why?

IF YOU DO NOT SELL, YOU DO NOT LOSE ANYTHING! YOU LOSE THE MOMENT YOU SELL, after you purchased high and buy low. It does not matter what is the price ATM, the only thing which matters is what is the price when you decide to sell. So, to shield yourself from losing money, DONT sell under the price you bought it.

If you trust in crypto and believe it ll bounce back, WHAT THE FUCK IS THE PROBLEM AND WHY PANIC?

If you do not trust in crypto and you have doubts whether it ll bounce back, well, in that case you are in the wrong industry and you shouldn't have invested in crypto in the first place.

So knowing this, what is the problem again?

EDIT: This post was created on February 6, 2018 when BTC price reached $5920. After a few days, it recovered to $8k. Will keep this ledger so people know Bitcoin ALWAYS recovers!

Its's always when you sell your bitcoins that you will know whether you have made or lost money but some people are so impatient that when it begins to dip even slightly they run off to sell.

ccabz

newbie

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I really appreciate all the messages. This will really help us (newbies) boost our confidence and keep in mind that everything is gonna be alright! Thanks. Cheesy

Tapyaks72

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Quote from: macchiato on February 12, 2018, 08:20:08 AM

The decrease of price in bitcoin has greatly affected other cryptocoins. This occurence led people to panic sell which in return gave them nothing but losses. Long term investors know that coins take time to boost in price and amidst events like this, patience is the only tool. Bitcoin will recover, and I believe that it will, and together with its recovery is the rise of price of other altcoins! Let us hold and wait.

Yeah patience is a virtue that would lead to success time like this will always pass by, in forcasting you should always considered the previous years price tracking for almost 3 years the tracking is almost identical. So there is no reason to panic and not advisable to sell your BTC at lower price than you bought it. That is a suicidal move.

Xester

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Quote from: macchiato on February 12, 2018, 08:20:08 AM

The decrease of price in bitcoin has greatly affected other cryptocoins. This occurence led people to panic sell which in return gave them nothing but losses. Long term investors know that coins take time to boost in price and amidst events like this, patience is the only tool. Bitcoin will recover, and I believe that it will, and together with its recovery is the rise of price of other altcoins! Let us hold and wait.

When my boyfriend got mad at me because I encouraged him to invest in bitcoin, he panicked. He was in the moment of selling his bitcoins and really wishes to not invest in it. I told him that bitcoin is like that and it was part of it. The dump was caused by people who panicked and sold their bitcoins. I will just hold my bitcoin till it come back to a high price.

zngit

newbie

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People whom easily panic can easily affected with bad moods. Those people struggling almost every hour, couldn't sleep at night thinking bitcoin price drown. You're right why panic.? The matter is what the price when you decide to sell. This is the main point I think.

lhea056

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Honestly speaking i am not really good at trading but people around me always advice me not to panic because panicking will make you lose profit and income and also these people called them as weak hands who just sell away their coins drop the price . Just a piece of advice dont panic just stay calm wait for the updates , news or just sit back and relax wait for the final dip because at the end the coin will pump once there is something good to happen , panicking won't do good but it will cut your capital instead of earning just watch and wait .

Kelvinid

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win lambo...

Quote from: macchiato on February 12, 2018, 08:20:08 AM

The decrease of price in bitcoin has greatly affected other cryptocoins. This occurence led people to panic sell which in return gave them nothing but losses. Long term investors know that coins take time to boost in price and amidst events like this, patience is the only tool. Bitcoin will recover, and I believe that it will, and together with its recovery is the rise of price of other altcoins! Let us hold and wait.

Right.Not only bitcoin had been affected by this dips but also some good altcoins.In times like this,yes patience is the best key to avoid losses and just focus on your goal to make good profits.So i suggest to invest only in cryptos what you can afford to save and hold so you won't get panic if prices go down in a sudden.Studying the previous price charts would also a big help in making decisions in tough situations like this.

macchiato

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The decrease of price in bitcoin has greatly affected other cryptocoins. This occurence led people to panic sell which in return gave them nothing but losses. Long term investors know that coins take time to boost in price and amidst events like this, patience is the only tool. Bitcoin will recover, and I believe that it will, and together with its recovery is the rise of price of other altcoins! Let us hold and wait.

darkywis

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Exactly. The main goal here is to hold and sell when you gain profit not to buy high and sell it when it falls. This means that they are not suitable for this kind of investment. You can cut your losses if you can afford to gain it back in time.

Wall-ET

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Quote from: crazyivan on February 06, 2018, 04:51:56 AM

Quote from: Wall-ET on February 06, 2018, 03:01:06 AM

Quote from: crazyivan on February 06, 2018, 02:52:35 AM

Why do you panic? Why?

IF YOU DO NOT SELL, YOU DO NOT LOSE ANYTHING! YOU LOSE THE MOMENT YOU SELL, after you purchased high and buy low. It does not matter what is the price ATM, the only thing which matters is what is the price when you decide to sell. So, to shield yourself from losing money, DONT sell under the price you bought it.

If you trust in crypto and believe it ll bounce back, WHAT THE FUCK IS THE PROBLEM AND WHY PANIC?

If you do not trust in crypto and you have doubts whether it ll bounce back, well, in that case you are in the wrong industry and you shouldn't have invested in crypto in the first place.

So knowing this, what is the problem again?

nice said, It is a bit wrong, but yeah, if you do not trust crypto - what are you doing here!?!?
But about the investing and not losing until you sell... - you are wrong.
You will lose even more if you do not sell and it crashes to 0...
The question is why you got in when it was that high and if you did and now you panic, you deserve to lose your money, as you have trowed them away the moment you buy something you have no idea what it is and what is happening with it...

In other news: the price will be going down for few months to come, at least, so maybe it is a good idea to think how you can benefit from all this movement.
But again be careful and DO YOUR HOMEWORK!!
NEVER INVEST MORE THEN YOU CAN LOSE!!!
Never invest in something you do not understand...
and so on Wink

Good luck and happy to see my expectation of downtrend in jan 2018 was correct...

Let's see if / when it will hit my target for bottom...

What are you talking about? If BTC crashes to 0? In my mind, THIS IS NOT POSSIBLE. Ever.

If you really even contemplate the possibility of BTC being 0 one day, well, I can guarantee you re in the wrong industry. You know who rambles about BTC going to 0. Roubini and similar so called expert who have never turned on PC in their lives, not to mention understanding crypto mechanics.

Have some faith my friend, this is a beautiful new industry in its infant stage but it WILL prevail. I have been in crypto since 2012 and I know a think or two about crypto. Crypto will continue to grow, we ll have these red periods from time to time but it will continue growing and developing.

0 is not an option.

I feel sad for you!
You are doing something that you do not understand and it will hurt you a lot one day!

Just to give you example: Tulips => they are different then stocks or Crypto, but can show you what I mean.

They where expensive and never hit 0 (they still exist) Yet people who did not sell when they where crashing have lost a fortune, as they are cheap now.
Same happens to GM and Lehman Brothers.

They where big and nobody believed they will crash, yet they cost 0 now.

So yeah things that have big fail too!

If you invest and not gamble, then you should know that and never keep something that is dyeing, thinking it will go up, as it did in the past...

As I told you do not merry your positions (crypto,stocks,commodities) or you risk loosing a lot more then people who panic...

Do your research and be careful!

Topic: Message to all people who panic when crypto price goes down! - page 2. (Read 884 times)