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Topic: Panic leads to profit - page 2. (Read 918 times)

member
Activity: 224
Merit: 11
February 02, 2018, 08:29:20 PM
Everytime I wake up on a day like today and see the red on the board I think "sweet its money making time".  This is a profit oppurtunity day for some Alt's that are down like Tron Stellar & Verge who have good bounce back days, charting RSI trends and likely movers is what I really love to do.  (who else in here sings the Beatles song Daytripper as Daytrader) I can't be the only one.


Bitcoin rebalance will soon begin and it will march inevitably towards 30k
Ethereum will continue its approach before almost reaching 1500 and then reallocation will begin and settle it around 1250
Ripple is going to 1.50 soon
Bitcoin Cash is just to skitzo to read I stay away from even considering buying more
Cardano is a good project but it ran too hard to fast (like iota) expect draw downs into March
(Disclosure I have stakes in all the above even BCH, it was free)

Coin that baffles me it isn't doing better
NXT I love this coin I can't believe some of the coins that have larger valuations than it, confusing.

Coins Ill comment on I don't have stakes in (yet)
Groestlcoin love this project, could make big strides but the name...  Tongue Hopefully the rebrand vote can make it more appealing Ill jump in then
0x sold it at 2.20 waiting until sub 2 probably jump back in.. 5x before 2019

Alt's I'm long on that I expect good things from because solid teams and good ideas
Golem I expect Brass to 10x this coin maybe 20x (Q2-Q3 2018)
Substratum & Maidsafe one of these two are going 50x or more when complete I don't know which so I hedge them both

Scary things ahead for the following
Bitconnect has made people money, I fear 2018 is the year most investors going to get rocked on this one
Dentacoin I just don't have much more to say about this coin I don't understand how it has a billion dollar valuation, the industry has a 30 billion dollar value, this is crazy talk.
Ethos took my profit and split, I am worried about the price valuation and the youtube pumping love the wallet idea but not worth the price

Alt's that are less-well known that I love the project
Vericoin 115mill marketcap binary blockchain to create store of value and an effective currency with speed, 10x by 2019
Curecoin folding @ home platform 25mil cap genome decoding, humanitarian (I have a heart) 20-50x by 2020
Coval ambitious, huge potential, emblem vault, Prism project and Verb project if successful (I stress if it could die) this 100x by 2019 500x by 2020



Just my thoughts... I am nobody
This is just an idea or a theory that doesnt have any proofs to be valid,bitcoin might collapse before your april,most of the investors are sick and tired of these market manipulations thats why they will surely search more stable coin to support like ethereum.If bitcoin will come to its end i want to see ethereum to replace bitcoin,leading most of the shitcoins because ethereum deserves to be at the top over these shitcoins.
full member
Activity: 434
Merit: 103
Thinking on the higher plane of existence.
February 02, 2018, 08:26:45 PM
I like the idea and it’s totally true and sometimes ignored by many.. It’s an open opportunity that comes with a risk but the price is worth it when you know how or what coins to choose.. This is done with confidence and good timing that may last only for a couple of minutes or hour in most scenario..
Coming to think of it, bitcoin and other altcoin suffer from huge price drop last year after the chinese government attempt to ban bitcoin but bitcoin survive after all. I believe that this is just temporary and the price will recover soon because many investors will think of this as opportunity to make profits out if this situation. I suggest to those who have still altcoin right now to hold a little longer to see what I mean.
member
Activity: 364
Merit: 10
February 02, 2018, 08:16:31 PM
such a day can give a good chance, The decline usually lasts only a few days. I strongly believe that btc will return to 20k by the end of this month.
Yes, bitcoin will bounce back. You may buy now while it is still dipping and others are panicking. Just chose the coins that has potential to rise and yes bitcoin will rise again and we will see 20K again in March-April.
member
Activity: 336
Merit: 10
February 02, 2018, 08:06:34 PM
such a day can give a good chance, The decline usually lasts only a few days. I strongly believe that btc will return to 20k by the end of this month.
jr. member
Activity: 238
Merit: 7
February 02, 2018, 07:43:01 PM
Most often stupid people sell on FUD. The drop is usually only last for few days. I strongly believe that btc will go back to 20k by this month end.           

It didn't. It went even lower.
member
Activity: 406
Merit: 11
February 02, 2018, 07:38:02 PM
What else can i say  Smiley. Agree with you with this one. Panic always leads to profit to some of the traders. This is not the first time that bitcoin is experiencing a setback but why people always panic. History will repeat itself. Bitcoin has died a thousand times but it is still here. Just HODL.
full member
Activity: 308
Merit: 101
February 02, 2018, 07:06:48 PM
Panicking will lead to your loss. Always remember that stocks market always go ups an down. Once it goes down it will definitely go up again, false information will lead to your loss and you definitely you will regret after. I am not a trader but on my own opinion, if you can still hold on to it whether it is stocks or ICO earnings. Hold and wait for it to double or triple the value. Don't be panic it will only gives you stress. 
full member
Activity: 284
Merit: 112
February 02, 2018, 05:40:55 PM
panic causes profit for ourselves because with panic sell we can get the coin with a cheap price and if the coin is up in the near future it is our own profit in making profit.

Exactly, if we see that the market is red and still going down, its a perfect buying opportunity because those who are selling didn't know that they should hold in time of crisis and not to panic and keep calm and wait till everything settles down.

Yes, because often appear some false information to mislead people, caused people to panic, panic will put the coin in her hand is sold, which may lead to a slump in the price of the coin, and people there would be no profit can be gained, and can also be a loss

That's what you call FUD. There are really members here who loves to do that because they either want to cause uncertainly by creating false information and shake the market, or they are being paid by someone to do that so that they can buy bitcoin at cheap price once again. So its better not to listen specially newcomers in the market. Usually they are the target of such malice attack so don't believe anything you read, its better to validate first before you make your decision.

Lately it has become evident to me that you just have to avoid the dominant hyped mindset and become a contrarian. When everyone is led to panic-dump - buy. When everyone is led to enthusiasm-moon - sell.
member
Activity: 176
Merit: 10
January 18, 2018, 06:25:45 PM
It will depend on the point of view, usually beginners err in this moment of panic, in followed the veterans have the right time to act and to profit, unfortunately this is how it happens in practice, everything will depend on the strength of your goals and not shake in times of downfall.
full member
Activity: 336
Merit: 111
Bitcore (BTX) - The Future is Now
January 17, 2018, 11:03:17 AM
#99
The fear grows when the market is red for consecutive sessions. Stay strong and take a break from crypto in the events like these.
sr. member
Activity: 2422
Merit: 357
January 16, 2018, 07:20:38 PM
#98
Its a really clever idea that skilled and wise trader uses. When all of the people busy selling their coins because of the panic, smart traders takes it as advantage and buy some coins on a low cost. It seems like a great opportunity to them. The only risk is that if the price become much lower and never go up.
full member
Activity: 197
Merit: 190
January 16, 2018, 07:10:34 PM
#97
When everyone is panicing you buy, when everyone is high fiving and saying how great everything is, you sell.
member
Activity: 373
Merit: 11
CryptoRex
January 16, 2018, 07:08:18 PM
#96
I totally agree with your position on the topic. Days like this are the best time to go shopping. I usually look at the top10 whose further growth is justified and rest my idle money there. Enjoy the sales folks!!
member
Activity: 210
Merit: 12
January 16, 2018, 06:29:36 PM
#95
It very much depends on your luck. Glad to hear your panic leads you to profit. As for me I know that panic will make me loose something that's why I never make desicions while panicing. Well I make them but do not act immeadelitely. Prefer to calm down and analize

I can't get the point why you all panic so much? High volatility is a usual thing for crypto currency, when the price is falling you buy, when it rise -- sell. It's not a stocks and bods market to go panic every time that happens. I think the aces of trades panic really rarely.

High volatility in crypto has reasons, such as external factors including government regulations and prohibitions, but also the lack of regulations and shock breakers on the exchanges. Today we have seen both play out.
sr. member
Activity: 574
Merit: 253
January 16, 2018, 02:08:24 AM
#94
It very much depends on your luck. Glad to hear your panic leads you to profit. As for me I know that panic will make me loose something that's why I never make desicions while panicing. Well I make them but do not act immeadelitely. Prefer to calm down and analize

I can't get the point why you all panic so much? High volatility is a usual thing for crypto currency, when the price is falling you buy, when it rise -- sell. It's not a stocks and bods market to go panic every time that happens. I think the aces of trades panic really rarely.
sr. member
Activity: 1036
Merit: 329
January 16, 2018, 01:50:13 AM
#93
I think it is not being panic can't lead you to a good profit I'm also not good in trading but I can say that the good way of being profit is not being panic it will lead you to a risky way of earning your goal in earning your profit as I read the article observing and patience s the good way to earn more profit.
Yeah panic sometimes gives you an advantage/profit but it is just a luck dude. profit will be generated with the eye calculation of a knowledge and skill you have on the trade. panic will lead you to the fear of loss that you will get if you do not do certain actions. panic will only make you less focused. so I do not think that panic will definitely bring an advantage. it is usually panic will only give you a loss..
exactly this is most common happen that a lot of people that are panicking while seeing their coin going down so they may take some action and this action sometime lead to have their profit that they want but not all. so agree that panic leads to profit but it may depends.
hero member
Activity: 812
Merit: 501
January 16, 2018, 01:39:12 AM
#92
Depends on your Luck.More often it'll sure lead you to Lost Cry
i HOLD bch now, IF I sell now, I lost a lot. I think I hold until the price 0.24 again. I made mistake to buy bch. I think I should be careful to trADE IN THE situation where crypto has pressure from regulation.
member
Activity: 84
Merit: 10
January 16, 2018, 01:34:26 AM
#91
member
Activity: 135
Merit: 10
January 16, 2018, 01:03:59 AM
#90
I agree at the right time and when people are desperate, there is time to buy, but for you who are on the losing side, expect to return to the previous figure.
full member
Activity: 126
Merit: 100
January 16, 2018, 12:59:35 AM
#89
It very much depends on your luck. Glad to hear your panic leads you to profit. As for me I know that panic will make me loose something that's why I never make desicions while panicing. Well I make them but do not act immeadelitely. Prefer to calm down and analize
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