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Topic: panic selling - page 101. (Read 111179 times)

hero member
Activity: 798
Merit: 506
December 02, 2016, 11:56:42 PM
What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?

you are describing panic selling yourself!

when such thing happens usually weak hands (newbies) start selling as soon as they see price going down then it starts a chain of events which leads to more sells.

but the effect depends on the cause of the panic sell and it is usually small and at worst case scenario it is only $50 reduction of price.

It's so pathetic to panic selling while bitcoin is strong cryptocurrency even there are some bad news about it.
Bitcoin always recover the price like 200 times when it falls due to many accidents.
The fact is, mostly people buy bitcoin with intended to sell it out when the price reach certain point.
hero member
Activity: 1190
Merit: 534
December 02, 2016, 11:21:08 PM
Im brand new to bitcoin as you can see. I atually got my first btc just yesterday and now im wondering if I should panic sell. Im having buyers regret. Is the price going to make new high or will it tumble and be replaced by zcash.

Please help me to decide what to do next.

Welcome to the great world of crypto currencies, I would like to advise you, not to take the advice of others including me (especially when it comes to investment). You should do your own research and act according to it because you are the only person who can invest your money in the best possible option.

I believe, bitcoin has a great potential at the same time I am aware that it might go wrong in the long term so I have my investments up to the limits of my loss-bearing capacity (the amount which I can afford to lose) so if you don’t have faith in bitcoin or you can’t afford to lose your investment then simply don’t invest.
member
Activity: 70
Merit: 10
December 02, 2016, 02:51:31 PM
Im brand new to bitcoin as you can see. I atually got my first btc just yesterday and now im wondering if I should panic sell. Im having buyers regret. Is the price going to make new high or will it tumble and be replaced by zcash.

Please help me to decide what to do next.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
December 02, 2016, 01:44:04 PM
With this current value 755 USD, I guess there are some people this time that were totally  panick selling, and of course as a cycle will buy again because it will dump for sure. But its really great that price now become stable than last months @700 Grin
People will sell but it's not going to be a panic selling, though the price is already high now it can still rise before the end of the year. It has been very stable so far and I can say there would be no more price fall back that's going to happen at least this year.

Investors should have a great christmas as it's profitable so far this year.
I agree on this. Many would surely sell at this levels, partly maybe because they have made profits already. That can't be considered panic selling, that is just profit taking. Panic selling is when you are forced to sell, even at a loss, as a knee jerk reaction to the prices that are going down quickly.
But when you are planning for huge profits and due to sudden drastic changes if you sell with the lesser profits, that also will be included under panic selling scenarios. When we are deviating from our predetermined plans and exiting market due to panic will be covered regardless of profits or losses incurred from that deal.

I guess it is not so straightforward

If you close your positions in panic, I think that should count as panic selling, even if you are closing it with profits (as you said yourself). Though I don't really see any reason why you might be in panic then. You might be disappointed and frustrated but certainly not panicking. On the other hand, if you are suffering losses and close your position cold-blooded and with a firm hand, that shouldn't count toward panic selling. In this way, panic selling is more about selling your coins when you are filled with horror, fear and shock, and most other players feel essentially the same
legendary
Activity: 1302
Merit: 1037
December 02, 2016, 12:34:47 PM
With this current value 755 USD, I guess there are some people this time that were totally  panick selling, and of course as a cycle will buy again because it will dump for sure. But its really great that price now become stable than last months @700 Grin
People will sell but it's not going to be a panic selling, though the price is already high now it can still rise before the end of the year. It has been very stable so far and I can say there would be no more price fall back that's going to happen at least this year.

Investors should have a great christmas as it's profitable so far this year.
I agree on this. Many would surely sell at this levels, partly maybe because they have made profits already. That can't be considered panic selling, that is just profit taking. Panic selling is when you are forced to sell, even at a loss, as a knee jerk reaction to the prices that are going down quickly.
But when you are planning for huge profits and due to sudden drastic changes if you sell with the lesser profits, that also will be included under panic selling scenarios. When we are deviating from our predetermined plans and exiting market due to panic will be covered regardless of profits or losses incurred from that deal.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
December 02, 2016, 11:02:58 AM
I hope there in no much panic on pumping and dumping the coin because only few people will be selling the coin many members are saving bitcoin for their future returns, the price of bitcoin will drop only when people are keep selling the bitcoin and also it will reduce the price when people stop buying the bitcoin.

Now a days many people keep buying the bitcoin when compared to selling so there is no need of any panic.

Panic selling creates a temporary impact and thus price decreases for short period of time. There are some investors who wait for such incidents (they usually place a high volume orders in case of mega price drop) and thus the panic selling brings opportunities for the investors who want to accumulate more coins so even if there is panic selling wave there are limit orders placed by investors to buy bitcoins at lower prices and thus it prevents a huge price drop.

That's true. Without those orders we'd be witnessing many significant drops almost to the very bottom but those orders prevent this from happening fortunately. Actually people who are buying when the price is going down rapidly are heroes IMO, they have so much trust in Bitcoin and in a way they are saving it from death so to speak.

These people are not heroes, they are profiteers, by any name

Or do you really think that when the price is going down fast, they are buying for the sake of making the Bitcoin system tick? For the most part, they are buying bitcoins in the hope of selling them later when the price reverts and they can book profits. There is nothing wrong with that since most people are here for profits, either directly, through Bitcoin price appreciation, or by using Bitcoin instead of fiat (i.e. bringing down their expenses)
full member
Activity: 238
Merit: 100
December 02, 2016, 10:22:01 AM
At the current situation, I would even call that a panic buying.

A big dump in the price happens usually when a big announcement that can affect that future of bitcoin goes out, so a large amount of people who believes that it can affect the price negatively, are selling their bitcoins, and their the dump begins.
It also can happen if someone who owns a large amount of bitcoins decides to sell all of his bitcoins which can make a price drop almost instantly, that are already few people who owns more then 20K bitcoins and can cause a dump to the market.
   
hero member
Activity: 1274
Merit: 622
December 02, 2016, 10:02:07 AM
I hope there in no much panic on pumping and dumping the coin because only few people will be selling the coin many members are saving bitcoin for their future returns, the price of bitcoin will drop only when people are keep selling the bitcoin and also it will reduce the price when people stop buying the bitcoin.

Now a days many people keep buying the bitcoin when compared to selling so there is no need of any panic.

Panic selling creates a temporary impact and thus price decreases for short period of time. There are some investors who wait for such incidents (they usually place a high volume orders in case of mega price drop) and thus the panic selling brings opportunities for the investors who want to accumulate more coins so even if there is panic selling wave there are limit orders placed by investors to buy bitcoins at lower prices and thus it prevents a huge price drop.

That's true. Without those orders we'd be witnessing many significant drops almost to the very bottom but those orders prevent this from happening fortunately. Actually people who are buying when the price is going down rapidly are heroes IMO, they have so much trust in Bitcoin and in a way they are saving it from death so to speak.
legendary
Activity: 3150
Merit: 1392
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December 02, 2016, 06:55:16 AM
What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
This is an interesting question. I have been thinking about it as well for some time already. I think that we can influence the price if we want to. And some freak with a lot of btc can spread the panic by selling them and then others would go and sell as well, so the price will fall. It is hard but not impossible. If somebody finds a good reason to sell btc immediately and we agree with this reason - it's nearly the end of all this.
hero member
Activity: 1190
Merit: 534
December 02, 2016, 06:51:47 AM
I hope there in no much panic on pumping and dumping the coin because only few people will be selling the coin many members are saving bitcoin for their future returns, the price of bitcoin will drop only when people are keep selling the bitcoin and also it will reduce the price when people stop buying the bitcoin.

Now a days many people keep buying the bitcoin when compared to selling so there is no need of any panic.

Panic selling creates a temporary impact and thus price decreases for short period of time. There are some investors who wait for such incidents (they usually place a high volume orders in case of mega price drop) and thus the panic selling brings opportunities for the investors who want to accumulate more coins so even if there is panic selling wave there are limit orders placed by investors to buy bitcoins at lower prices and thus it prevents a huge price drop.
sr. member
Activity: 658
Merit: 251
VIMee - Social Network
December 02, 2016, 06:03:21 AM
I hope there in no much panic on pumping and dumping the coin because only few people will be selling the coin many members are saving bitcoin for their future returns, the price of bitcoin will drop only when people are keep selling the bitcoin and also it will reduce the price when people stop buying the bitcoin.

Now a days many people keep buying the bitcoin when compared to selling so there is no need of any panic.
legendary
Activity: 2954
Merit: 1153
December 02, 2016, 05:11:17 AM
You can not panic. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.
I think the panic is a natural thing happens to every user, because all users know the inherent risks in bitcoin, fluctuations make everyone always alert when the price drops, of course patience must also be held so that no one panicked

It is natural to those who lack confidence with the holding they had.  If a person trust his trades, then he won't budge the moment he saw price going down.  Another case is, he will try to sell half of it then buy more when the price gone way lower (smart trading).  During the dips, we could hardly tell whether all sellers just panic sells or  it is mixed with wise trader taking advantage of the scenario.

I could consider those who getting trolled by fudders and blindly trust it without even doing some analyzation to prove their words and end up selling their coins were also panic sellers. though sometimes being panic is needed when the price is just about to fall and may increase the selling trends

I can describe them as people who does not have full confidence (probably lack of knowledge) on what they are doing (panic seller).
hero member
Activity: 2996
Merit: 524
Leading Crypto Sports Betting & Casino Platform
December 02, 2016, 04:29:35 AM
With this current value 755 USD, I guess there are some people this time that were totally  panick selling, and of course as a cycle will buy again because it will dump for sure. But its really great that price now become stable than last months @700 Grin
People will sell but it's not going to be a panic selling, though the price is already high now it can still rise before the end of the year. It has been very stable so far and I can say there would be no more price fall back that's going to happen at least this year.

Investors should have a great christmas as it's profitable so far this year.
I agree on this. Many would surely sell at this levels, partly maybe because they have made profits already. That can't be considered panic selling, that is just profit taking. Panic selling is when you are forced to sell, even at a loss, as a knee jerk reaction to the prices that are going down quickly.
I could consider those who getting trolled by fudders and blindly trust it without even doing some analyzation to prove their words and end up selling their coins were also panic sellers. though sometimes being panic is needed when the price is just about to fall and may increase the selling trends
hero member
Activity: 714
Merit: 500
December 02, 2016, 04:10:34 AM
With this current value 755 USD, I guess there are some people this time that were totally  panick selling, and of course as a cycle will buy again because it will dump for sure. But its really great that price now become stable than last months @700 Grin
People will sell but it's not going to be a panic selling, though the price is already high now it can still rise before the end of the year. It has been very stable so far and I can say there would be no more price fall back that's going to happen at least this year.

Investors should have a great christmas as it's profitable so far this year.
I agree on this. Many would surely sell at this levels, partly maybe because they have made profits already. That can't be considered panic selling, that is just profit taking. Panic selling is when you are forced to sell, even at a loss, as a knee jerk reaction to the prices that are going down quickly.
sr. member
Activity: 405
Merit: 250
December 02, 2016, 03:56:57 AM
You can not panic. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.

but this is really happen in market when many traders see that the price is going down or going up. many of us can not controlled our feeling of panic so its giving a bad effect for our trading and we can not make profit but only get loss because we make cut loss fast before we realize that is just down for a second and then the price is going up for sure.

Panic selling happens often with bitcoin, most of the time users make selling when continuous price increase starts after a short time price staggering within limited range. Possibly every panic selling gets a sudden increase in price.

do you think it is a panic selling time now?
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
December 02, 2016, 01:26:26 AM
You can not panic. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.

but this is really happen in market when many traders see that the price is going down or going up. many of us can not controlled our feeling of panic so its giving a bad effect for our trading and we can not make profit but only get loss because we make cut loss fast before we realize that is just down for a second and then the price is going up for sure.

Panic selling happens often with bitcoin, most of the time users make selling when continuous price increase starts after a short time price staggering within limited range. Possibly every panic selling gets a sudden increase in price.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
December 02, 2016, 01:24:12 AM
You can not panic. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.

but this is really happen in market when many traders see that the price is going down or going up. many of us can not controlled our feeling of panic so its giving a bad effect for our trading and we can not make profit but only get loss because we make cut loss fast before we realize that is just down for a second and then the price is going up for sure.
That's why many of us fell to hold our assets in the long as we do panic when the price fall badly, but it's a different scenario for bitcoin as it is its nature to pump and dump, just hold tight when you see that because it will just measure how deep your trust with bitcoin. Remember, most of the successful are those who are holding in the long run.
hero member
Activity: 1610
Merit: 507
December 01, 2016, 11:17:16 PM
You can not panic. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.

but this is really happen in market when many traders see that the price is going down or going up. many of us can not controlled our feeling of panic so its giving a bad effect for our trading and we can not make profit but only get loss because we make cut loss fast before we realize that is just down for a second and then the price is going up for sure.
hero member
Activity: 3052
Merit: 685
December 01, 2016, 10:19:48 PM
With this current value 755 USD, I guess there are some people this time that were totally  panick selling, and of course as a cycle will buy again because it will dump for sure. But its really great that price now become stable than last months @700 Grin
People will sell but it's not going to be a panic selling, though the price is already high now it can still rise before the end of the year. It has been very stable so far and I can say there would be no more price fall back that's going to happen at least this year.

Investors should have a great christmas as it's profitable so far this year.
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
December 01, 2016, 09:00:45 PM
With this current value 755 USD, I guess there are some people this time that were totally  panick selling, and of course as a cycle will buy again because it will dump for sure. But its really great that price now become stable than last months @700 Grin
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