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Topic: Panic sellers, please head for the exit (and don't come back) - page 15. (Read 2580 times)

full member
Activity: 350
Merit: 100
we all know that the cause of price of bitcoin dropping is because the panic seller sell their bictoin or other coin, but we need to respect them because they afraid of their asset if the are of that coin is always drop and they will get the lost money, and maybe panic seller is not always bad because maybe they sell it in a right time, before the price of that coin is drop into the deep
member
Activity: 336
Merit: 12
That is a very startling speech I believe.  Cheesy For the investors who are cry baby and who get panicked out of the dumped prices. Yes it is true that people must control their emotions in long term holding because if they don't then they will surely end up loosing money that they invested and also it can have adverse effect on the investors who have no intentions to sell. The panic sellers can initiate chain reaction which will cause them to hamper the rest of the market badly and thus making it move to downside. I agree to OP completely as he has put forth the actual situation that happens all the time in crypto market. Due to decentralisation the market becomes completely unstable with small moves also thus making it viable to go down.
hero member
Activity: 2660
Merit: 551

The impact of the panic player is that it can affect the other players mentality. Most of them are new players who do not know exactly the twists and turns of trade and they are not ready to receive bad news from trading.

So I guess we will give them the free pass. Because I'm sure that its going to be a expensive lesson for most of them. Clicking the sell button when there's always a downtrend without really understand what is causing the price to go down.

Everyone here is guilty of it for sure, but the main thing is that we have learn from past mistakes making us not to be affected by the negative news and not pushing the sell button.
newbie
Activity: 196
Merit: 0

The impact of the panic player is that it can affect the other players mentality. Most of them are new players who do not know exactly the twists and turns of trade and they are not ready to receive bad news from trading.
sr. member
Activity: 826
Merit: 256
Panic sellers are also like us who want to earn profits in trading and their only mistake is they invested in bitcoin without educating themselves first in cryptocurrency trading. Mostly they are newbies who are excited to earn their first profit in a quick way and others are some traders that still act like a newbie that never learn. Some of us committed this kind of mistake also but this mistake guided us to be one of successful traders today so it if you have the chance to meet a newbie tell them to learn first on how the cryptocurrency works and the basic trading.
full member
Activity: 728
Merit: 101
Bitcoin is the currency of this age
Panic sellers are individual that has not understand the detailes about the cryptocurrency space,sure several people will feel the pain of there loss, ones the bullish season commence.
sr. member
Activity: 462
Merit: 250
DONATION SENPAI PLEASE <3 <3
Those people "Panic Seller" are people who are inexperienced and never understand cryptocurrency, they are just joining the trend especially when the market price of bitcoin skyrocket into 20K but then those "Panic Seller" never understood what is happening that is why they are immediately selling their coin and not attaching themselves with bitcoin. As they don't have any idea what is happening it is good that many people got interested in bitcoin but then proper understanding, having the knowledge, and eager to learn will help those people.  It is not hard to learn when you are really interested in learning.
jr. member
Activity: 126
Merit: 1
But such people quickly weed out, selling their coins at the first drop in prices. Over time, they will still understand that they were wrong and in vain sold their crypto-currencies, but it will be too late.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
Oh, Yes, such people-panic creates a very negative situation on the exchange and in the bitcoin communities. But this is more common for beginners.
What if we help them to understand the characteristics of bitcoin and the process on the market so that next time they know what to do if this situation happens again. Helping others to understand bitcoin and it will make bitcoin to gain more popularity and gain more users, and when than happen the value of bitcoin will be bigger, and we will earn big profit. Its like cycle of helping and then be get helped.
full member
Activity: 364
Merit: 100
Oh, Yes, such people-panic creates a very negative situation on the exchange and in the bitcoin communities. But this is more common for beginners.
legendary
Activity: 1582
Merit: 1059
nutildah-III / NFT2021-04-01
I don’t think we have the right to impose our idealism on others, moreover prohibit others from using Bitcoin, very childish. Let the believers be selected by themselves, but we also need to educate them.

Putting words into people's mouths is quite childish too.

I don't prohibit anything to anyone. I politely (mind the "please" in the subject) suggested panic sellers to get out.

BTW, what is the difference between "imposing idealism" and "educating" people? It's exactly the same thing, but you prefer using Newspeak.
full member
Activity: 753
Merit: 100
Your sentence is too harsh and can offend any Bitcoin holder, or can even drop the mental of hodlers. I don’t think it's wise to drive them away like this. They are just like us who fight for Bitcoin, they’re just not understand how to control their emotions and thoughts, plus the surrounding conditions that could be the triggers of unstable thoughts and emotions. Therefore we should keep encouraging and educating others.
You are absolutely right, and what you need to teach and share your experience is great, but there are people who invest in bitcoin, only for profit, without knowing what it is, and not everyone wants to understand the essence of crypto currency and how they are arranged.
hero member
Activity: 658
Merit: 500
I think its a bit harsh to tell them to go away, I understand the frustration when people just so consumed with the news and dont used their clear judgement and end up causing the price to fall down, but they are doing panic sell because they don't understand the situation, nobody want to sell their coin in low price, we should teach them how to handle the situations better, not asked them to quit investing

90% of the people will never understand that this coin was created to liberate them. It's a concept. It has a spirit. Not just a way of getting rich (or trying to).
Not all HODLers understand and have the same concept as yours, they also have different goals as well, not everyone HODL Bitcoin because they happy with the concept, some don’t care or prioritize the potential benefits obtained from Bitcoin. I don’t think we have the right to impose our idealism on others, moreover prohibit others from using Bitcoin, very childish. Let the believers be selected by themselves, but we also need to educate them.
hero member
Activity: 884
Merit: 500
Your sentence is too harsh and can offend any Bitcoin holder, or can even drop the mental of hodlers. I don’t think it's wise to drive them away like this. They are just like us who fight for Bitcoin, they’re just not understand how to control their emotions and thoughts, plus the surrounding conditions that could be the triggers of unstable thoughts and emotions. Therefore we should keep encouraging and educating others.
legendary
Activity: 1526
Merit: 1000
This is the cycle, every people leave this venture with panic sell, there must be other people will come in. then we should break this cycle by educating each Bitcoin holder, especially those we know. Even I think FUD and panic selling can also attack the stronger HODLers, maybe also us.
hero member
Activity: 1190
Merit: 534
It is true that panic sellers try to eliminate their loss by selling their investment when they notice unrest in the market but in fact, that is the worst thing they do while trading. The big whales and institutional investors try to create chaos in the market and they wait till the panic sellers selling their funds. This results in a dip and that's the entry point for the big whales with bigger volume. However, I am sure panic sellers learn the lesson soon after they sell their investments.
newbie
Activity: 54
Merit: 0
lol. as you can see the panic seller that was sell their coins last months may regret it now.
because bitcoin value now is keep increasing. only the real holder will gain their profit later.
I'm one of the people you're talking about. At present I can not find the point can go to the market as today. But it is good practice to control my greed for this market.
member
Activity: 523
Merit: 10
YOUC - https://www.youengine.io/
lol. as you can see the panic seller that was sell their coins last months may regret it now.
because bitcoin value now is keep increasing. only the real holder will gain their profit later.
full member
Activity: 490
Merit: 105
In crypto there a lot of different people who camed here to make fsat profit and don't understand and believe in that technology blockchain will change the world as a next industrial revolution. I sold some my coins on bottom in panic too, but after the regular recovering of market I see that progress can't be stopped.
full member
Activity: 387
Merit: 106
I guess there are no panic sellers any more, now the sellers are just speculators who are hoping to crash the price and buy BTC cheaper.
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