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Topic: panic selling - page 102. (Read 111217 times)

sr. member
Activity: 434
Merit: 250
December 01, 2016, 07:55:26 PM
panic sell on the contrary it is necessary to buy and sell at least on the rebound, or to keep for a long time
sr. member
Activity: 285
Merit: 250
December 01, 2016, 02:55:55 PM
Sometimes panic very negative effect on the general course cryptocurrency. So if you decide to engage in investment activity, it is necessary to have patience and nerves of steel
hero member
Activity: 938
Merit: 500
December 01, 2016, 12:52:37 PM
Usually the panic selling does happens at the altcoins or bitcoin when the price does change too fast, in the middle of the pump several people dump their coins, those is nothing else then some people getting back their investment with profit. Bitcoin wont cross the 750 dollars this year, there is nothing to make such pression into the value, bitcoin were supost to be traded at 600 dollars max, currently we are very above those, soo a dump should occur.
legendary
Activity: 3514
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December 01, 2016, 11:44:49 AM
Well, the price of bitcoin in preev.com currently reaches $ 750, even this will probably continue to grow. This bitcoin price increases continue to occur, although the increase is very slow. Well, because of this, many bitcoin users who think that the price of bitcoin might actually be $ 800 or more at the end of the year. so, it makes people into panic selling

In fact, the $750 mark is a strong resistance level with high selling pressure. Price has touched it a few times in previous weeks and even went a little above that for a short time, but it still couldn't consolidate at this level and then went down. If it breaks through, the next strong resistance would obviously be at $800 per coin. But if it fails to get past $750 now, people may get disappointed...

And Bitcoin price might drop to or even below $700 by the end of the year

We seem to have crossed $750 and stayed over there for the better part of a day now. If it stays here for a bit longer, we might see solid support developing at this level (similar to what we have at $730). And then, we just have to wait for further appreciation.  Smiley

I use the Coinbase chart, and we are at $751.20 at the moment. But we have been at around 753 just ten days ago and then went down to about $725. Just in case, at BTC-e the price right now is sticking around $743.77. So it is still unclear if we are going to trend higher than $750 in the longer term. It is already the forth attempt during the last 30 days to break above $750...

The next few days will be crucial
legendary
Activity: 1232
Merit: 1000
December 01, 2016, 11:12:23 AM
Well, the price of bitcoin in preev.com currently reaches $ 750, even this will probably continue to grow. This bitcoin price increases continue to occur, although the increase is very slow. Well, because of this, many bitcoin users who think that the price of bitcoin might actually be $ 800 or more at the end of the year. so, it makes people into panic selling

In fact, the $750 mark is a strong resistance level with high selling pressure. Price has touched it a few times in previous weeks and even went a little above that for a short time, but it still couldn't consolidate at this level and then went down. If it breaks through, the next strong resistance would obviously be at $800 per coin. But if it fails to get past $750 now, people may get disappointed...

And Bitcoin price might drop to or even below $700 by the end of the year

We seem to have crossed $750 and stayed over there for the better part of a day now. If it stays here for a bit longer, we might see solid support developing at this level (similar to what we have at $730). And then, we just have to wait for further appreciation.  Smiley
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
December 01, 2016, 08:12:23 AM
Well, the price of bitcoin in preev.com currently reaches $ 750, even this will probably continue to grow. This bitcoin price increases continue to occur, although the increase is very slow. Well, because of this, many bitcoin users who think that the price of bitcoin might actually be $ 800 or more at the end of the year. so, it makes people into panic selling

In fact, the $750 mark is a strong resistance level with high selling pressure. Price has touched it a few times in previous weeks and even went a little above that for a short time, but it still couldn't consolidate at this level and then went down. If it breaks through, the next strong resistance would obviously be at $800 per coin. But if it fails to get past $750 now, people may get disappointed...

And Bitcoin price might drop to or even below $700 by the end of the year
legendary
Activity: 2758
Merit: 1004
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December 01, 2016, 08:02:12 AM
Well, the price of bitcoin in preev.com currently reaches $ 750, even this will probably continue to grow. This bitcoin price increases continue to occur, although the increase is very slow. Well, because of this, many bitcoin users who think that the price of bitcoin might actually be $ 800 or more at the end of the year. so, it makes people into panic selling
hero member
Activity: 532
Merit: 500
December 01, 2016, 05:39:22 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.
Agree that you do not need to be panic in your investment because this is not healthy if you do panic selling it will result to depression if the price would go back higher but you sell it in lower price. Much better to set a time for your investment and price if the price reach it already that's the right time to sell.
you should know that the price fluctuations in the bitcoin is a natural thing, when the price of bitcoin down you do not need to panic you should know that it is a natural thing and certainly that bitcoin prices will surely rise and fall
legendary
Activity: 2170
Merit: 1427
December 01, 2016, 04:59:13 AM
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

Definitely not to everyone. If you look at how solid traders are performing, then you'll know how happy they are with panic selling from weak hands. Panic selling doesn't mean the price only goes down in one straight line. At the time the price is being dumped down, you'll see short price increases created by people buying themselves into Bitcoin, where after that this whole cycle repeats itself several times a day. It means money in the bank for traders. If you don't know how to use the panic of others in your advantage, then the best option for you would be to wait on the side line till the market calms down again. Otherwise you'll end up selling in panic, and buying back your coins at a premium at the time the price goes up again.
hero member
Activity: 3066
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December 01, 2016, 04:54:02 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
definitely natural thing and human's nature but, if they can control their psychologist and not just selling when the price falling immediately and a little bit then they will could maximize their opportunity to make higher profit than usual. the panic selling also one factors amongst many that make some price of altcoin dropped so fast whilst it actually don't need to
hero member
Activity: 490
Merit: 500
December 01, 2016, 04:47:22 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
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
December 01, 2016, 04:38:53 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.
Yes, panic selling of your assets at unfavorable prices may lead to huge losses example when the bitfinex hacked my friends started panic selling even I suggested not to do so but they sold for the loss of some $50 to $100 with the intention of preventing further losses but bitcoin prices not slipped below $500 levels. Hope we will never face such kind of situation again.

there are two different types of selling in situations like that.
- one is when you sell while price is going down in order to buy back more at the bottom. and for this you need to predict an upcoming panic sell and act quickly to sell while price is still high. in your example it would be selling at $600

- the other is when price has already gone down and idiots who sell after the drop and when everything settles. these people are always late and panic late also. they sell (in your example) at bottom $550 and then buy at $600 when the price goes back up again because they panic again this time fear of missing out.
hero member
Activity: 714
Merit: 531
December 01, 2016, 03:46:05 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.
Agree that you do not need to be panic in your investment because this is not healthy if you do panic selling it will result to depression if the price would go back higher but you sell it in lower price. Much better to set a time for your investment and price if the price reach it already that's the right time to sell.
hero member
Activity: 1148
Merit: 528
December 01, 2016, 03:17:33 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.
Yes, panic selling of your assets at unfavorable prices may lead to huge losses example when the bitfinex hacked my friends started panic selling even I suggested not to do so but they sold for the loss of some $50 to $100 with the intention of preventing further losses but bitcoin prices not slipped below $500 levels. Hope we will never face such kind of situation again.
sr. member
Activity: 270
Merit: 250
November 29, 2016, 04:23:50 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.
legendary
Activity: 1442
Merit: 1025
November 29, 2016, 06:28:28 AM
Panic selling means theres no tomorrow for bitcoin to up again.panic selling makes bitcoin price down day after day,and no chance to rise up again.
Panic selling isn't some "everything ends" event, it is a recurring or series of events where investors get psychologically nervous and everyone starts to sell because they get worried the price is going to go down, and you end up with a self-fulfilling prophecy.

A trickle of lessening value constantly kills something; and event where people sell because of nervousness does not.
Some time it happen that some false news about the market o product spread in the market and people start sell bitcoin at low price and the trend continue for some long tie.

As we can see in previous months about bitcoin market that the price of bitcoin feill down as people start selling bitcoin as in previous months when the news about bitfinex spread people start selling bitcoin and the price fell down to 500 USD.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
November 29, 2016, 03:08:01 AM


Altcoins were created to support Bitcoin? I always thought they were actually created to substitute it. At least, that's what they usually claim. If there were no Bitcoin, there would be another altcoin which would be thought of as Bitcoin. In my view, there is hardly any conceptual difference between all cryptocurrencies. Bitcoin just happened to be the first among them.
altcoins are actually was made to take over bitcoin place but unfortunately so far no one can. their base cryptocurrencies is indeed bitcoin but doesn't mean they're supporting bitcoin at all. they're just use it to know the current value of the coin. though someone who are willing to use some specific altcoins mostly buying bitcoin first and then exchanging it to the altcoins.it's increasing the demand to bitcoin
hero member
Activity: 742
Merit: 526
November 29, 2016, 02:45:42 AM
i think now its panic selling, i see on the poloniex market, there is a new trend to go down, i am not sure it is just correction or for sure, but i hope this is just correction and after this, the price is increase.
poloniex is altcoins exchange indeed since bitcoin price reach to $700 above market trend has been change for altcoins became an down trend but for bitcoin price from other exchange  i think there is no problem
as most of the people invest their bitcoins in alt coins as investment, but when the price of bitcoin start increasing they try to convert them in to bitcoin and hold bitcoin for the price increase, and that is the reason that the price of altcoin fell down.
Thats the way it goes,if bitcoin price goes down ,altcoins prices goes up ,and when bitcoin goes up altcoin price goes down until they will end up dead.
It happens because trust was on Bitcoins, altcoins are created to support bitcoin but without bitcoin they will not progress. If you see an altcoins that goes panic selling, you have to think very wise as it could not rise up again.

It's a different scenario for bitcoin as it's a strong coins.

Altcoins were created to support Bitcoin? I always thought they were actually created to substitute it. At least, that's what they usually claim. If there were no Bitcoin, there would be another altcoin which would be thought of as Bitcoin. In my view, there is hardly any conceptual difference between all cryptocurrencies. Bitcoin just happened to be the first among them.
hero member
Activity: 630
Merit: 500
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November 28, 2016, 04:12:10 PM
only whale can make us do the panic selling which is good to them if we do that they will earn lots of money to our selling because the demand and price will increase after more users do panic selling. That is why if you are investor you can not do panic selling if there's a big dump of the value of bitcoin just keep calm.
I agree.. so that's why patience is really important for some investors because if they keep selling these dump coins it will not be profitable for them in the long run. So that's why it's really important to hold these coins and wait for the right time to sell it in a better price.. it's worth the wait.

This will happen if you are lack of knowledge in trading panic will result when price falls down for a long period of time and you think you won't gain profit at all. Its so important to wait for exact time to sell and must have a deep analysis with your chart everytime you monitor the trend graph. Btc price will increase its value from time to time so you don't need to panic and sell your coins and loss it all and you falls you to regrets afterall.
full member
Activity: 238
Merit: 100
November 28, 2016, 03:57:00 AM
One of the things that can make bitcoin price dump down is that a person who owns a large amount of bitcoins will sell them instantly on a big market,this thing can make bitcoin price dump down in even 20-30 USD at a moment of seconds.

Panic selling usually happens if a country ot an organization announce a thing that can hurt the bitcoin market and most of the people sell their bitcoins because of it.
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