PANIC BUYING !!!!!!! - page 31. | Bitcointalksearch.org

NorrisK

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Quote from: richardsNY on January 20, 2016, 12:02:51 PM

Quote from: Newcoins2020 on January 20, 2016, 11:28:31 AM

People that have said that is dropping and dropping guess what?
Now the price of bitcoin is now going up and now i not cheap to buy anymore.
At the range of 350 dollars maybe that was the cheapest coin of this year.

I also think that the $350 level was the lowest price of this year. It can be seen as a nice gift before the price really takes off. I managed to buy at $388 as my fiat deposit finally posted today. Otherwise I had missed a great chance to buy at sub $400 prices. Perfect moment.

You're lucky that your money came in in time! I wish the rise would've been a week later, missed the chance to buy a nice fraction of a coin again at sub 400.

Nice to see that the stupid sell off for no reason is mostly undone by now. Guess the selling whales decided their investments were safe after all.

richardsNY

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Quote from: Newcoins2020 on January 20, 2016, 11:28:31 AM

People that have said that is dropping and dropping guess what?
Now the price of bitcoin is now going up and now i not cheap to buy anymore.
At the range of 350 dollars maybe that was the cheapest coin of this year.

I also think that the $350 level was the lowest price of this year. It can be seen as a nice gift before the price really takes off. I managed to buy at $388 as my fiat deposit finally posted today. Otherwise I had missed a great chance to buy at sub $400 prices. Perfect moment.

LuckyYOU

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Quote from: Newcoins2020 on January 20, 2016, 11:28:31 AM

People that have said that is dropping and dropping guess what?
Now the price of bitcoin is now going up and now i not cheap to buy anymore.
At the range of 350 dollars maybe that was the cheapest coin of this year.

Ahh, I was just imagining that you were right.
This is quite possible. Who knows if this was indeed the lowest price of 2016
It's still early in the year, I would rather wait and see what will happen, this is very exciting to see though

mtnsaa

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Yes the ship has already sailed my friends, I don't think we'll see it below $400 anytime soon because if it drops people will want to get in and support will soon be established. The floor was $350-360 but it wasn't easy to buy last week, we didn't know how much more the drop would last, it was freefalling and it could've reached $300 or even less. Now it's very easy to see that it was just panic selling and not really something bigger.

Newcoins2020

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People that have said that is dropping and dropping guess what?
Now the price of bitcoin is now going up and now i not cheap to buy anymore.
At the range of 350 dollars maybe that was the cheapest coin of this year.

kheein

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Turn your financial ideas into reality

Quote from: Farma on January 19, 2016, 11:14:02 AM

Quote from: kheein on January 19, 2016, 09:57:10 AM

Do not panic if trading, it's not good . The most important focus , and patience .

hahaha, you're right, but if the price has dropped so far sold immediately, it is also one of the trading strategy, because panic in need at certain moments Grin

what I say is true, we just wait , you can see now bitcoin prices began to rise

Farma

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Quote from: kheein on January 19, 2016, 09:57:10 AM

Do not panic if trading, it's not good . The most important focus , and patience .

hahaha, you're right, but if the price has dropped so far sold immediately, it is also one of the trading strategy, because panic in need at certain moments Grin

Supercrypt

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Quote from: Kakmakr on January 19, 2016, 02:38:21 AM

I always look for the positive side of a situation and then I work on that. I think it was Warren Buffet that said something in the line of " If others run away, I buy " I have had some success in doing the same with Bitcoin. I look at the long term and I buy when it is low and people are running.

Since 2009 the price has gone up steadily, with a few bumps in the road. The general trend is upwards and I believe that it will continue with this, even if we need to take some blows in between. The opportunity for new investors are the same and they should be buying, when these prices are dropping.

The secret is not to panic sell, when there is a slight bump in the road. Ride it out and buy when it is cheap. ^smile^

Totally agree with you and yes we have to look for positive aspects like lower price of bitcoins. There is no risk on investing into bitcoins now. Because it is much cheaper now, best for short term investment also. If you are planning for long term holding then do not panic keep patience and you will get definite good results.

elizabethqueen

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Quote from: calkob on January 16, 2016, 09:11:19 AM

Give me cheap Bitcoin....... Grin

never mind panic selling at what price will we be panic buying....lol below $200 would be nice to see again.

yes i know,the easy way to get profit is buy in lowest price,and hope the price will continue raise,but its need big amount if you want big profit,i am sure about that.

kheein

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Turn your financial ideas into reality

Do not panic if trading, it's not good . The most important focus , and patience .

coolcoinz

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Quote from: crazywack on January 19, 2016, 07:07:23 AM

I'm kicking myself everyday that I didn't pull the trigger on 200 range BTC... If it drops again to treat lvl, I'll buy as much as I can.

People always say this when price is going up and then never buy when it starts crashing again.

pereira4

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All those idiots that sold will get back when Bitcoin is back to 450 dollars in a couple of weeks or next, they are the idiots that always lose money, they sell high and buy low, because they buy in all the FUD. This time was Mike Hearn, next time will be the Bitcoin Classic cancerous shit, it never ends, all of those events shake the idiots holding Bitcoin.

crazywack

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I'm kicking myself everyday that I didn't pull the trigger on 200 range BTC... If it drops again to treat lvl, I'll buy as much as I can.

okae

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Quote from: calkob on January 16, 2016, 09:11:19 AM

Give me cheap Bitcoin....... Grin

never mind panic selling at what price will we be panic buying....lol below $200 would be nice to see again.

dunno if this is because of panic selling/buying, but as you said this is a great opportunity to buy more bitcoins, someday we will look back and notice that people was able to buy bitcoins for 1000$ dollars only Wink

enhu

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If I have to money to invest, I wouldn't wait for the price to go down $250 for it may not happen. And good investor by now should have already bought more as the price didn't go $400 yet. IF will be a profit still when it reach $500+. You'll be chasing sellers once it go up.

Amph

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Quote from: DimensionZ on January 19, 2016, 06:19:59 AM

Doesn't panic buying increase the price of bitcoins because there is a greater demand for them? And on the other hand panic selling lowers the price because the volume is greater than the demand? I think OP needs panic selling instead.

not really a panic buy, the price is stuck there again, i think it was just that the panic sell ended, with a tiny recover

the real panic buy will be prior the halving, still some months to go

DimensionZ

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Shit, did I leave the stove on?

Doesn't panic buying increase the price of bitcoins because there is a greater demand for them? And on the other hand panic selling lowers the price because the volume is greater than the demand? I think OP needs panic selling instead.

Heartilly

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Quote from: calkob on January 16, 2016, 09:11:19 AM

Give me cheap Bitcoin....... Grin

never mind panic selling at what price will we be panic buying....lol below $200 would be nice to see again.

2 bad news happen and it's major! Lots of bitcoins dump but the price only decrease around $40-$50 with the current price rate today.

For $200 expectation, we must have at least really 5 BAD NEWS. So say goodbye to your $200 floor because it won't happen.

Patatas

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I have no idea what you're talking about and surprised to see you actually have 4 page of replies with those absurd comments .
P.S. This is a good time to buy.

kpitti

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PANIC is not good at all. I try to avoid it in the trading. You can`t win this situation when you are in PANIC. Wink

Keep calm.

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