Panic sellers got flushed fast - page 3.

raven7886

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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.

Caladonian

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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.

jimbobway

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$680 is a strong base. It will hold and go up.

error08

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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.

bigfryguy

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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.

you want to see a bubble popping look at monero, or at BTC in 2013.... this looks much more like a prebubble and a return to confidence than a bubble.

RoommateAgreement

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Bazinga!

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

kwukduck

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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.

ivanst776

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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.

I think that panic selling is becoming a normal think because it happens too often maybe within a month or few months.

Usually when the price changes I don't make panic because I believe that the price will get back very soon.

So a price change of +-$100-$150 isn't to make panic even though it is huge change but if price changes for 40%-50% then there should be a panic.

Shiroslullaby

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Quote from: CoinCidental on November 12, 2016, 03:16:44 PM

Check this calculator to see how much you lose by hoarding cash :

http://data.bls.gov/cgi-bin/cpicalc.pl

The US dollar has about 250% inflation since the year I was born.
That is really scary, actually.
This makes a 30 or 40 year retirement fund look a lot less attractive. Tongue

CoinCidental

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Si vis pacem, para bellum

Quote from: arbitrage001 on November 12, 2016, 03:04:32 PM

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.

Hence it is important not to risk money one can not afford to lose.

Hence it is also important to get your money out of Fiat ASAP if you want to preserve your wealth

If you have cash savings you want to get it into something like btc sooner rather than later...

Check this calculator to see how much you lose by hoarding cash :

http://data.bls.gov/cgi-bin/cpicalc.pl

Shiroslullaby

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Price dropping back to just about $700.
Is now a good time to buy some coins?
If we don't get some movement to the 750-800 range I fear price could possibly drop back to around $650.
(Probably not much lower though. I see some people saying it could drop to 450-500 but that seems far to low to me.)

arbitrage001

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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.

Hence it is important not to risk money one can not afford to lose.

CyberKuro

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Quote from: Zadicar on November 06, 2016, 02:42:52 AM

Panic selling is just normal for those who have idea on a certain dump of bitcoin price. FOr those newbies out there expecially on trading they would surely sell out their bitcoins because they are afraid to loose even more money and as OP mentioned we are now holding on $700 mark and hopefully it would not stay below that price.

Yeah, so many people get involved in bitcoin world just looking for what time to sell again my coin before the price go down.
That's why the price get decrease in earlier days and today, don't know how much it will be on tomorrow.
Bitcoin has a good foundation as first digital currency and its already perfect coin as well.
so many potential of bitcoin and could be stronger medium of exchange if 'the buy and seller' think it properly.

Ayers

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Leading Crypto Sports Betting & Casino Platform

Quote from: kwukduck on November 12, 2016, 09:19:36 AM

You talk like it's a thing of the past... The price is still tanking as predicted. And will continue to do so for the forseeable future.

I thought you were all so sure bitcoin could only go up up up with Trump being the winner. LOL

why you say it tanking i only see a good increase there, price is strong and growing steady, if we can continue this pattern i'm sure $800 will be a memory in no time

InvoKing

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✋(▀Ĺ̯ ▀-͠ )

Quote from: kwukduck on November 12, 2016, 09:19:36 AM

You talk like it's a thing of the past... The price is still tanking as predicted. And will continue to do so for the forseeable future.

I thought you were all so sure bitcoin could only go up up up with Trump being the winner. LOL

oO since when kwukduck say something optimistic about the bitcoin price Roll Eyes

Back to the main subject, there is always a loss risk when trading bitcoin, personally I am happy that the rise happened before I sell my coins

CoinCidental

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Si vis pacem, para bellum

Quote from: kwukduck on November 12, 2016, 09:19:36 AM

You talk like it's a thing of the past... The price is still tanking as predicted. And will continue to do so for the forseeable future.

I thought you were all so sure bitcoin could only go up up up with Trump being the winner. LOL

I am up several thousand percent on my investment since 2011 so I am pretty satisfied with that

Up 21% in the last 3 months alone.....thank you btc Wink

kwukduck

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You talk like it's a thing of the past... The price is still tanking as predicted. And will continue to do so for the forseeable future.

I thought you were all so sure bitcoin could only go up up up with Trump being the winner. LOL

ultrloa

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Quote from: PokerFace3 on November 12, 2016, 03:28:18 AM

Quote from: deadsilent on November 12, 2016, 03:00:14 AM

Quote from: bamboylee on November 05, 2016, 01:45:09 PM

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.

I cannot say I am sorry for them because the price at the time they dump was quite high. So even if they dumped their bitcoin, they still made a lot of profit. Now they can reenter bitcoin and start making some money again.

We cant blame them because thats the way it is. They cant just keep it forever. They cant wait even more if the price goes down again because of big crash. They just dont want to lose any of their earnings thats why they are dumping bitcoin and dont wanna risk everything. They just playing game wise.

Yes, they must be right with respect to their decisions on uncertain market conditions. I too will take such decisions instead of facing huge losses by continuing holding bitcoins. In my experience panic selling is most common for any trader that might safeguard them and sometimes make regret them for missing out big opportunities.

It may be bad for those who buy on the top price and suddenly hit by a fuds then dumps since people can lose huge money if that really happens on bitcoins price rise, but also it maybe a good oppurtunity to those dump waiters for, and we can't really say when we might gonna lose since bitcoins are not predictable at all, so to only safegaurd our money is to monitor the flaws so if big pumps will came we surely not missed the oppurtunity of some temporary pump

1Referee

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Quote from: piloder on November 12, 2016, 07:06:13 AM

But majority who dumps can't be elite traders as they atleast know price will be pumping even more in coming days. So they can't just short their holdings for this types of smaller price dump. May be they will buy more in small dumps.

The majority of the dumpers are either people who secure profits every now and then, or noobs dumping their coins in panic to prevent further losses. Whale traders aren't playing around with 5-10 coins... If you are talking about the real elite of traders, then you are talking about people having tens of thousands of coins for trading purposes, combined with millions in fiat.

Not only that, but they also team up with each other to rule the entire market with iron fist from several major exchanges. If they cash out a certain part of their profits, they know what they are doing. They will either let the market fall back down in order to buy back, as happens all the time when the price goes up nicely, or they keep the market stagnant for a while, where people will dump their coins out of boredom. Either way, dumps are inevitable.

piloder

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Quote from: a7mos on November 08, 2016, 09:29:03 AM

It is not panic selling. Some people bought cheep and they wanted to collect their profit

But majority who dumps can't be elite traders as they atleast know price will be pumping even more in coming days. So they can't just short their holdings for this types of smaller price dump. May be they will buy more in small dumps.

Topic: Panic sellers got flushed fast - page 3. (Read 3829 times)