Panic sellers got flushed fast - page 2.

bncbnc

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Quote from: pitham1 on October 08, 2017, 02:50:34 PM

Quote from: wareen on October 08, 2017, 05:54:36 AM

Quote from: cramcram21 on October 08, 2017, 03:53:01 AM

Quote from: AtheistAKASaneBrain on November 05, 2016, 11:30:47 AM

I feel bad for all the noobs that panic selled at the controlled dump of the other day with the china ban news. Its obvious whales wanted to get more cheap btc and shaked all the idiots out with panic, now we are back to 700+ and looking strong. Hold.

Well that's what happen when the weak hands heard some rumors ,
They couldn't really control their emotion and let's it drive them down.

But I like them, if the market has not some noob traders or traders can not keep calm as them, I will have many troubles to make money from trade cryptocurrency. Of course, they will be loser and their money will trasnfer to others.

As the saying goes, a fool and his money are soon parted. Somebody who doesn't have the stomach to hold Bitcoin through the ups and downs will sell it and make losses. The others who are true believers will see their portfolio appreciate.

But i think that people are now too much mature and that is the reason that they are not going to sell their bitcoin, In past we experienced a lot of panic selling when there were some bad news in bitcoin, but this time people were too much mature and they were not ready to come in panic selling and therefore they were holding bitcoin and were not selling in panic like situation, so they give a farm support to bitcoin.

pitham1

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Quote from: wareen on October 08, 2017, 05:54:36 AM

Quote from: cramcram21 on October 08, 2017, 03:53:01 AM

Quote from: AtheistAKASaneBrain on November 05, 2016, 11:30:47 AM

I feel bad for all the noobs that panic selled at the controlled dump of the other day with the china ban news. Its obvious whales wanted to get more cheap btc and shaked all the idiots out with panic, now we are back to 700+ and looking strong. Hold.

Well that's what happen when the weak hands heard some rumors ,
They couldn't really control their emotion and let's it drive them down.

But I like them, if the market has not some noob traders or traders can not keep calm as them, I will have many troubles to make money from trade cryptocurrency. Of course, they will be loser and their money will trasnfer to others.

As the saying goes, a fool and his money are soon parted. Somebody who doesn't have the stomach to hold Bitcoin through the ups and downs will sell it and make losses. The others who are true believers will see their portfolio appreciate.

tenakha

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Quote from: teilwalL05 on October 08, 2017, 06:57:20 AM

Quote from: sapnu on October 08, 2017, 06:05:08 AM

Quote from: AtheistAKASaneBrain on November 05, 2016, 11:30:47 AM

I feel bad for all the noobs that panic selled at the controlled dump of the other day with the china ban news. Its obvious whales wanted to get more cheap btc and shaked all the idiots out with panic, now we are back to 700+ and looking strong. Hold.

They were just afraid that it will be coninuous without knowing that Bitcoin still, has a large community that will make the market demand of Bitcoin that positively affects its value. Its market demand remained high after what happened that make Bitcoin to recover from the backdrop that you've mentioned. Those who sold lose the profit and those who held and are still holding will earn huge profit in the future as its value continue rising.

There is no need to be afraid if the price goes down because the value would still rise significantly in the future, all you need to do is buy bitcoin hold into it and just wait for about a year or two I think you can have a great investment by doing this, particularly there is no need to panic after all, but I think you will need a private key if you are holding for a very long time do not let your bitcoin stay in a web wallet.

Best way to keep safe bitcoins is hardware wallets like Trezor.The security level is highest compared to other web based wallets.IMO current uptrend will continue and hit 6000$ till next month.But for long term investing better to buy deep levels and hold.

teilwalL05

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Quote from: sapnu on October 08, 2017, 06:05:08 AM

Quote from: AtheistAKASaneBrain on November 05, 2016, 11:30:47 AM

I feel bad for all the noobs that panic selled at the controlled dump of the other day with the china ban news. Its obvious whales wanted to get more cheap btc and shaked all the idiots out with panic, now we are back to 700+ and looking strong. Hold.

They were just afraid that it will be coninuous without knowing that Bitcoin still, has a large community that will make the market demand of Bitcoin that positively affects its value. Its market demand remained high after what happened that make Bitcoin to recover from the backdrop that you've mentioned. Those who sold lose the profit and those who held and are still holding will earn huge profit in the future as its value continue rising.

There is no need to be afraid if the price goes down because the value would still rise significantly in the future, all you need to do is buy bitcoin hold into it and just wait for about a year or two I think you can have a great investment by doing this, particularly there is no need to panic after all, but I think you will need a private key if you are holding for a very long time do not let your bitcoin stay in a web wallet.

sapnu

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Quote from: AtheistAKASaneBrain on November 05, 2016, 11:30:47 AM

I feel bad for all the noobs that panic selled at the controlled dump of the other day with the china ban news. Its obvious whales wanted to get more cheap btc and shaked all the idiots out with panic, now we are back to 700+ and looking strong. Hold.

They were just afraid that it will be coninuous without knowing that Bitcoin still, has a large community that will make the market demand of Bitcoin that positively affects its value. Its market demand remained high after what happened that make Bitcoin to recover from the backdrop that you've mentioned. Those who sold lose the profit and those who held and are still holding will earn huge profit in the future as its value continue rising.

wareen

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Quote from: cramcram21 on October 08, 2017, 03:53:01 AM

Quote from: AtheistAKASaneBrain on November 05, 2016, 11:30:47 AM

I feel bad for all the noobs that panic selled at the controlled dump of the other day with the china ban news. Its obvious whales wanted to get more cheap btc and shaked all the idiots out with panic, now we are back to 700+ and looking strong. Hold.

Well that's what happen when the weak hands heard some rumors ,
They couldn't really control their emotion and let's it drive them down.

But I like them, if the market has not some noob traders or traders can not keep calm as them, I will have many troubles to make money from trade cryptocurrency. Of course, they will be loser and their money will trasnfer to others.

YuginKadoya

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Quote from: cramcram21 on October 08, 2017, 03:53:01 AM

Quote from: AtheistAKASaneBrain on November 05, 2016, 11:30:47 AM

I feel bad for all the noobs that panic selled at the controlled dump of the other day with the china ban news. Its obvious whales wanted to get more cheap btc and shaked all the idiots out with panic, now we are back to 700+ and looking strong. Hold.

Well that's what happen when the weak hands heard some rumors ,
They couldn't really control their emotion and let's it drive them down.

This is not really new, there would always be something like a panic seller or like what have you said weak hands, and anytime in the forum there would be newbies that would be interested with bitcoin technology and how to earn with bitcoin, and I really think people that are panic selling with bitcoin would surely change their prospective over bitcoin after they have read and learn here in the forum so always teach our newbies.

cramcram21

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Quote from: AtheistAKASaneBrain on November 05, 2016, 11:30:47 AM

I feel bad for all the noobs that panic selled at the controlled dump of the other day with the china ban news. Its obvious whales wanted to get more cheap btc and shaked all the idiots out with panic, now we are back to 700+ and looking strong. Hold.

Well that's what happen when the weak hands heard some rumors ,
They couldn't really control their emotion and let's it drive them down.

otundebis

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It's quite uneasy when you have half of your fortune in this wonderful bitcoin.

Siren

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Quote from: ivrynx on October 08, 2017, 02:51:38 AM

i think the reason behind this is that, a lot of the who sold their bitcoins are new to investing, it seems that they do not know what to do in times we there are bad news going around, and i believe they also lack trust on bitcoins, since just a word from jpmorgan's jamie dimon, a lot already sold their bitcoins and instead of holding them and looking at the gains that they could possibly have by now, i think they might be regretting that decision they had made, but all is for the better, i hope they already learned their lessons and if they want to invest in bitcoin they may do so, but they should really come up with a plan, not just selling their bitcoins. it is also a good thing, since now we know, what percentage of bitcoin users are actually knowledgeable in what they are doing and not jut going with the flow or following the trend since bitcoin's value is going up.

That is what you called weak hands. There are countless advises here in the forum telling newbies not to sell because it won't covered their losses. But still they immediately panic reading a lot of FUD here. And it will hurt them. Hard lessons to swallow. All you have to do is just be patience and stay calm and don't be nervous or disappointed when you see that the price is plummeting. I hope they already learn this painful lesson not to panic otherwise they will just lose their hard earn investments.

ivrynx

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i think the reason behind this is that, a lot of the who sold their bitcoins are new to investing, it seems that they do not know what to do in times we there are bad news going around, and i believe they also lack trust on bitcoins, since just a word from jpmorgan's jamie dimon, a lot already sold their bitcoins and instead of holding them and looking at the gains that they could possibly have by now, i think they might be regretting that decision they had made, but all is for the better, i hope they already learned their lessons and if they want to invest in bitcoin they may do so, but they should really come up with a plan, not just selling their bitcoins. it is also a good thing, since now we know, what percentage of bitcoin users are actually knowledgeable in what they are doing and not jut going with the flow or following the trend since bitcoin's value is going up.

Rajamuda

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It's true, some people who have said a few days ago that bitcoin will go down more because of the some news in China was panic to decide sell it will be very sorry with this reality, bitcoin price movement just the opposite and continue lead to the heights on its price. From that, it's good that we really do instill a sense of optimism and aren't so affected by some things / news that tries to shake our beliefs, that's better than till being easily influenced and in a hurrying to decide something, already proven clearly the holders is the winner.

maydna

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Quote from: centralbanksequalsbombs on October 07, 2017, 07:44:37 PM

Weak hands being flushed will always be the case through past history, today, and into the future. Same thing will happen when Bitcoin is $10,000, and $15,000, and $20,000.

i am waiting for that time sir and i hope i can see the price in the rest of my life before i give my bitcoin to my kids. i see there is more and more weak hands in the market when they see the price is dump hard and they will still exist in the market. but if they already know that this is just correction price before its increase again, they will be sadly if they know that the price will bounce up later. its better to wait another weak hands show their action so we can buy again.

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Quote from: pooya87 on November 13, 2016, 11:27:55 PM

yesterday this happened one more time. a small price manipulation that lead to price drop and panic sellers unloading their bitcoins on exchanges.

i still can't find anything that i can associate with that drop apart from pure manipulation but as we can see now, price is back above $700

Sure thing that the big whales are playing and wants to take profit ans weak hands got easily swayed.
However, we can't blame them for selling and we didn't know what's really is going on. We're just like small fishes and the big whales are the one's who's responsible.

centralbanksequalsbombs

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Weak hands being flushed will always be the case through past history, today, and into the future. Same thing will happen when Bitcoin is $10,000, and $15,000, and $20,000.

jondeen707

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Quote from: RoommateAgreement on November 12, 2016, 10:58:29 PM

Quote from: kwukduck on November 12, 2016, 10:08:15 PM

Ahhh yez, that $800 (that never was) surely is starting to look like a memory indeed.

Lol what a joke. Crypto 2.0 is the future.

If you look at the 3 month chart the only thing anyone with eyes and a brain can see is this bubble popping.

instead of the 3 month chart i am more interested in looking at your 3 month post history Cheesy

or better yet older history.

and the only thing i can see is you saying bitcoin price will fall to $100 and die but the only thing that happened was a $100 rise each time you said it Wink

Indeed

pooya87

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yesterday this happened one more time. a small price manipulation that lead to price drop and panic sellers unloading their bitcoins on exchanges.

i still can't find anything that i can associate with that drop apart from pure manipulation but as we can see now, price is back above $700

shintosai

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Quote from: unknown04 on November 13, 2016, 10:31:11 PM

Quote from: ?? on ??

Quote from: AtheistAKASaneBrain on November 05, 2016, 11:30:47 AM

I feel bad for all the noobs that panic selled at the controlled dump of the other day with the china ban news. Its obvious whales wanted to get more cheap btc and shaked all the idiots out with panic, now we are back to 700+ and looking strong. Hold.

Who knows, maybe in a few days the noobs that panic selled will feel bad for you for hodling Grin

So you could consider me a noob for selling my bitcoins because I have two reason maybe I panicked but in reality I need to have some funds for my daily expenses so some of my holding bitcoins are partly sold but still I'm sure that the remaining bitcoins I have will able to make me recover from the sold ones.

You should only invest in bitcoin with your extra money. That's what I do. You won't know when will it drops or increase. What happens if it drops and never increase back ? You don't wanna bet with your daily expenses.

that's right never stake your life with bitcoin investment i know its really good if you make good assessment regarding to the price hype but if you failed its hard to regain loses so much better to have spare money to play with it so no matter what you will able to wait until the price jump high again and it will avoid you to lose your money.

unknown04

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Quote from: ?? on ??

Quote from: AtheistAKASaneBrain on November 05, 2016, 11:30:47 AM

I feel bad for all the noobs that panic selled at the controlled dump of the other day with the china ban news. Its obvious whales wanted to get more cheap btc and shaked all the idiots out with panic, now we are back to 700+ and looking strong. Hold.

Who knows, maybe in a few days the noobs that panic selled will feel bad for you for hodling Grin

So you could consider me a noob for selling my bitcoins because I have two reason maybe I panicked but in reality I need to have some funds for my daily expenses so some of my holding bitcoins are partly sold but still I'm sure that the remaining bitcoins I have will able to make me recover from the sold ones.

You should only invest in bitcoin with your extra money. That's what I do. You won't know when will it drops or increase. What happens if it drops and never increase back ? You don't wanna bet with your daily expenses.

serjent05

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Quote from: raven7886 on November 13, 2016, 08:13:37 AM

Quote from: Caladonian on November 13, 2016, 04:14:43 AM

Quote from: error08 on November 13, 2016, 01:16:38 AM

The price drops is a common problem that always happen to bitcoin and any other currency.
That's up to them who panic or not and sell their coin, it doesn't really matter, we just need to calm down and wait until the price get back to the right path into $1000, hold on.

Thats not good because for sure it will flushed our investment if we make some panic when seeing the price is falling big investors are taking advantage waiting for this they know how btc works and have good profits in return.

Yes, those who are getting panic and quitting their bitcoin holding are simply falling into the traps of high volume traders who are generating false dumps time to time.

The hedge traders and intraday traders are usually planning for quick profits and they do trigger any short term trend in market movements. Those who are not having strong technical analysis will get panic and fall into traps and losing their opportunities and obviously profits.

This was been the game of whales, price manipulation and does not care about small traders. Technical Analysis may help but still the prediction belongs to speculation. Those who have less faith in BTC will surely panic no matter how strong they technical analysis is. And those who were blind supporter of Bitcoin will never sell their bitcoin even if they don't have that TA capability.

Topic: Panic sellers got flushed fast - page 2. (Read 3829 times)