Panic sellers are once again hating themselves - page 2.

so98nn

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Quote from: bohr on March 08, 2018, 09:26:06 PM

Quote from: 8Habits on March 05, 2018, 06:34:31 PM

I love the way you say it that no matter what price of bitcoin you bought it, eventually it will be worth millions in the future.
If we really want to hold and is up for a long-term investment, better not hear any news about bitcoin or learn the art of not being affected with any negative news against bitcoin because when you give in with your emotion, you will sell and regret later.

Well the prices are going down once again, but it does not matter what people need to understand is that the price of bitcoin will eventually recover it can be difficult to believe for those that are relatively new to this market but it will and once it does you better make sure that you are holding bitcoin or you are going to be left behind and you are not going to get any profits.

Yeah, only the beginners get panic after seeking the decline whereas he experienced ones won't even hesitate in making up the investment. Although bitcoin undergoes various inconstancies but the market ultimately recovers after some time. The only thing it requires is a great persistence till the things get settled and everything gets on track. But once that stretch of downfall is over, you no longer have wait for the desired profit...

bohr

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Activity: 994

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Quote from: 8Habits on March 05, 2018, 06:34:31 PM

I love the way you say it that no matter what price of bitcoin you bought it, eventually it will be worth millions in the future.
If we really want to hold and is up for a long-term investment, better not hear any news about bitcoin or learn the art of not being affected with any negative news against bitcoin because when you give in with your emotion, you will sell and regret later.

Well the prices are going down once again, but it does not matter what people need to understand is that the price of bitcoin will eventually recover it can be difficult to believe for those that are relatively new to this market but it will and once it does you better make sure that you are holding bitcoin or you are going to be left behind and you are not going to get any profits.

8Habits

sr. member

Activity: 756

Merit: 294

I love the way you say it that no matter what price of bitcoin you bought it, eventually it will be worth millions in the future.
If we really want to hold and is up for a long-term investment, better not hear any news about bitcoin or learn the art of not being affected with any negative news against bitcoin because when you give in with your emotion, you will sell and regret later.

Vannie12

full member

Activity: 630

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Panic selling is just like the fight or flight response of our body to a certain situation especially when in danger. It is normal.
Though it cut off your loses, it also cuts off your chance in getting it back.
It really brings no good for it is irreversible.
An advice to this is di not watch the market frequently or often, it triggers you psychologically. Leave your investments alone if your goal is to wait for a growth. Focus yourself in other ways to have a steady income.

bohr

sr. member

Activity: 994

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Quote from: pereira4 on February 15, 2018, 12:38:24 PM

$10k is broken and with this a lot of messages of people that sold at below $6000 trying to "cut their losses". Mostly because a lot of people was about to go bankrupt as their longs got liquidated. And with this, also came the super bears expecting $1000 a coin again, so they put really aggressive shorts, of course, only to get destroyed by the current recovery.

Lessons to learn for the noobs: Never panic sell, never margin trade, you can FOMO if you are here for the long term (5 to 10 years) since it doesn't matter if you bought at $20k or at $5k as BTC will be worth millions eventually.

And now 11k is broken, while the lesson you are giving to newbies is correct at the same time it is difficult to believe they are going to learn it after all it is likely they do not have too much money to invest in bitcoin right now and even if they had it, it is not likely they are going to have the courage to invest now thinking the price may crash again.

PalindromemordnilaP

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That is clearly because they made a very wrong decision of selling their bitcoin in fears that their investment will be a failure. And usually, most of these panic sellers are new to cryptos with less knowledge and experience.

Siren

sr. member

Activity: 826

Merit: 265

Quote from: Don Pedro Dinero on February 15, 2018, 01:14:18 PM

Not themselves. Some of them hate “the market”. A friend of mine is like that: he used to buy when there was a bubble out of MOFO and to sell when the first dip came, out of panic. Now he doesn’t buy any more, he just wastes all his money, as he thinks “the market” is corrupt.

market has nothing to do with them,because market only moves with our deposits and withdrawals,they should blame themselves by panicking and selling their coins to cut losses,this serves as learning to them that they must trust the coins in their hands,panicking only gives loss while patience is the key for succession.this must put in mind of every users here

Lieldoryn

sr. member

Activity: 630

Merit: 272

Panic in the market is always vaccination against panic in the future. People who sold bitcoin for $ 6,000 will hate themselves. But in the future they will be more patient. This will make the bitcoin market more stable in the future. Anything that doesn't kill us makes us stronger.

Coffee135

full member

Activity: 392

Merit: 137

Quote from: pereira4 on February 15, 2018, 12:38:24 PM

$10k is broken and with this a lot of messages of people that sold at below $6000 trying to "cut their losses". Mostly because a lot of people was about to go bankrupt as their longs got liquidated. And with this, also came the super bears expecting $1000 a coin again, so they put really aggressive shorts, of course, only to get destroyed by the current recovery.

Lessons to learn for the noobs: Never panic sell, never margin trade, you can FOMO if you are here for the long term (5 to 10 years) since it doesn't matter if you bought at $20k or at $5k as BTC will be worth millions eventually.

I agree with you. We need to separate our assets. Leave in the fridge. Another part is to use for trading in the market. I do that. Sometimes I buy and sell with less benefit to myself, but I never take my coins out of the fridge. This is my strategic reserve. I didn't sell it for $ 20,000 or sell it for $ 6,000. I'm not even gonna sell it for $ 50,000.

Ahiaba

full member

Activity: 447

Merit: 108

Panic has recently contributed to the downward movement of Bitcoin and other altcoins but all the same they themself have learn a hard lesson that they will never forget in a hurry for decision.

btc.xbt.btc

newbie

Activity: 51

Merit: 0

Panic sellers are never not hating themselves. Sometimes I really do not understand, they realise it's stupid the first time and then they continue doing it.

Jokes aside, when the market crash is the best time to hold and buy more, to make sure to exploit the low part of the wave and make sure to ride it to the top.

arseaboy

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Activity: 644

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Quote from: komjhq on March 04, 2018, 11:12:23 AM

Quote from: makolz26 on March 04, 2018, 11:08:58 AM

Quote from: HasHe on March 04, 2018, 10:30:36 AM

Yes once again bitcoin proves it to be unpredictable.This time many would have shorted their bitcoins with a prediction that bitcoin price would fall below $6,000 and they could enjoy by buying it at such a lower price.But once again bitcoin disappointed them by recovering in price and now its price is almost $11,120.

This should be taken as a lesson for those who want to short their bitcoins as it is dangerous to do so since it may lead even to ultimate loss.

It is true that regrets is at the end, realizing what you have done wrong at the end, and it really breaking your heart when you experience it just a lot of people who choose to withdraw their money when it is at bloody period and now that it is getting high again a lot of people are doing panic buying again.

just Bitcoin fluctuate in the area of 11,000 dollars, with a difference of 500 dollars plus or minus, does not yet say that this is a positive growth of bitcoin on the market.

It seems that it can be the beginning again of the healthy trade inside the exchanges, the value is really getting interest coming from new investors
believing that it will rise up since it's showing some good indications, though it's really early to say if this will continue but for sure this movements
already gain attentions, bitcoin will grow no one can deny that and if we are wiser then we should keep holding our coins and store more inside our
wallets.

komjhq

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Activity: 588

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Quote from: makolz26 on March 04, 2018, 11:08:58 AM

Quote from: HasHe on March 04, 2018, 10:30:36 AM

Yes once again bitcoin proves it to be unpredictable.This time many would have shorted their bitcoins with a prediction that bitcoin price would fall below $6,000 and they could enjoy by buying it at such a lower price.But once again bitcoin disappointed them by recovering in price and now its price is almost $11,120.

This should be taken as a lesson for those who want to short their bitcoins as it is dangerous to do so since it may lead even to ultimate loss.

It is true that regrets is at the end, realizing what you have done wrong at the end, and it really breaking your heart when you experience it just a lot of people who choose to withdraw their money when it is at bloody period and now that it is getting high again a lot of people are doing panic buying again.

just Bitcoin fluctuate in the area of 11,000 dollars, with a difference of 500 dollars plus or minus, does not yet say that this is a positive growth of bitcoin on the market.

makolz26

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Activity: 714

Merit: 254

Quote from: HasHe on March 04, 2018, 10:30:36 AM

Yes once again bitcoin proves it to be unpredictable.This time many would have shorted their bitcoins with a prediction that bitcoin price would fall below $6,000 and they could enjoy by buying it at such a lower price.But once again bitcoin disappointed them by recovering in price and now its price is almost $11,120.

This should be taken as a lesson for those who want to short their bitcoins as it is dangerous to do so since it may lead even to ultimate loss.

It is true that regrets is at the end, realizing what you have done wrong at the end, and it really breaking your heart when you experience it just a lot of people who choose to withdraw their money when it is at bloody period and now that it is getting high again a lot of people are doing panic buying again.

HasHe

hero member

Activity: 952

Merit: 500

Yes once again bitcoin proves it to be unpredictable.This time many would have shorted their bitcoins with a prediction that bitcoin price would fall below $6,000 and they could enjoy by buying it at such a lower price.But once again bitcoin disappointed them by recovering in price and now its price is almost $11,120.

This should be taken as a lesson for those who want to short their bitcoins as it is dangerous to do so since it may lead even to ultimate loss.

poplolnman

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Activity: 1442

Merit: 1008

Quote from: Rooster101 on February 22, 2018, 01:20:59 AM

They are mostly newbies who panics at the earliest sign of bitcoin price correction. These panic sellers includes traders that never learns and still overtaken by panic even they have been trading for some years. They should fully educate themselves first before investing in cryptocurrencies and maybe learn how to manage and overcome fear and panic. Managing your emotions is one of the important factors in trader's success.

It's normal to feel in panic attack but you shouldn't overreacting on it , be calm even you can't accept the losses , collect information as many as you can and make decisions based on the data not based on your fear of loss , the decision could be to cut the loss or keep holding, it's conditional. Sometimes panic selling needed in certain circumstances.

darkangel11

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Don't let others control your BTC -> self custody

Quote from: deepcoreotc on February 22, 2018, 10:58:45 AM

Believe it or not the people that sold @ the $7k range are mostly bots. Panic sellers not that much, although they sure did help the dip as well!

Bots are set up by people, same as stop loses. If the price hits your stop loss level you'll sell automatically. It's a function of the API, not a bot. I also know some panic sellers in person and they were really sad about the prices going down and possibly having to wait months for another opportunity to sell close to the ATH. It doesn't matter though. All panic sellers have learned their lesson and are either gone from the crypto scene forever or waiting to buy the dip and get more coins with the fiat that they now have. Next dips will be much shallower and we're getting ready to go up again big time.

deepcoreotc

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Believe it or not the people that sold @ the $7k range are mostly bots. Panic sellers not that much, although they sure did help the dip as well!

chocolah29

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Quote from: Rooster101 on February 22, 2018, 01:20:59 AM

They are mostly newbies who panics at the earliest sign of bitcoin price correction. These panic sellers includes traders that never learns and still overtaken by panic even they have been trading for some years. They should fully educate themselves first before investing in cryptocurrencies and maybe learn how to manage and overcome fear and panic. Managing your emotions is one of the important factors in trader's success.

I agree because even some experienced traders still gets affected by the fuds and never learn the history. I mean by all of these experiences we should be numb as well and just treat this as another day in trading and just eventually subside after some days. We should be all used to these as volatility gives us good profit at the same time.

PizzaBTC

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Quote from: hisslyness on February 15, 2018, 01:16:49 PM

Quote from: Don Pedro Dinero on February 15, 2018, 01:14:18 PM

Not themselves. Some of them hate “the market”. A friend of mine is like that: he used to buy when there was a bubble out of MOFO and to sell when the first dip came, out of panic. Now he doesn’t buy any more, he just wastes all his money, as he thinks “the market” is corrupt.

Classic Buy High, Sell Low strategy, great way to make others richer!

Oh yeah! And they are so dumb enough they do not even know that. It is crazy though, because people like this are just naturally greedy and looking for the fastest route out, which is why they get burned mostly. Why will anyone ever buy into FOMO and declare the market corrupt at dip when that should even be the best time buying. Ignorance though is the greatest of all diseases, so I usually do not blame them. Probably, he should even say the stock market and Forex market is corrupt since they experience downtrends too.

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