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Topic: panic selling - page 105. (Read 111217 times)

hero member
Activity: 952
Merit: 500
November 16, 2016, 08:37:09 AM
When bitcoin price reach $685 after halving day or about 4 months ago, I was sell 3 btc. I fear because in a week bitcoin price was down more than 10% only in 3 days.


Bitcoin is unstable, if you can not handle his ups and downs then you should not stay here.
Also you should make sure that you are not holding in bitcoins more then you can afford to lose, as bitcoin is not covered by any government and can be failed or lose his value and you may stay down without anything.

Selling at a profit is a good thing as long as you follow the those rules.
 

Bitcoin is always searching for a new value, thats what makes bitcoin soo unstable, as long you able to sell into profit i would make same way, but there is no way to predict what will happen with bitcoin.
But it's our job to predict the price movement of bitcoin so we will make money from our investment or if we are a trader, the fact that bitcoin is volatile and it's news driven we know already how to predict but some people are not just too risk takers, they wanted to play safe all the time.
hero member
Activity: 756
Merit: 501
November 15, 2016, 11:18:17 AM
When bitcoin price reach $685 after halving day or about 4 months ago, I was sell 3 btc. I fear because in a week bitcoin price was down more than 10% only in 3 days.


Bitcoin is unstable, if you can not handle his ups and downs then you should not stay here.
Also you should make sure that you are not holding in bitcoins more then you can afford to lose, as bitcoin is not covered by any government and can be failed or lose his value and you may stay down without anything.

Selling at a profit is a good thing as long as you follow the those rules.
 

Bitcoin is always searching for a new value, thats what makes bitcoin soo unstable, as long you able to sell into profit i would make same way, but there is no way to predict what will happen with bitcoin.
sr. member
Activity: 882
Merit: 297
November 15, 2016, 10:45:47 AM
When bitcoin price reach $685 after halving day or about 4 months ago, I was sell 3 btc. I fear because in a week bitcoin price was down more than 10% only in 3 days.


Bitcoin is unstable, if you can not handle his ups and downs then you should not stay here.
Also you should make sure that you are not holding in bitcoins more then you can afford to lose, as bitcoin is not covered by any government and can be failed or lose his value and you may stay down without anything.

Selling at a profit is a good thing as long as you follow the those rules.
 

What price you sold is ok but the rate came more down so you should have bought back, the rule of trading is if have sold and the price is going down then after some percentage of down price you should start to accumulate buying back if you wanted to trade back, so that next price hike will give you profit to sell back
full member
Activity: 238
Merit: 100
November 15, 2016, 10:03:50 AM
When bitcoin price reach $685 after halving day or about 4 months ago, I was sell 3 btc. I fear because in a week bitcoin price was down more than 10% only in 3 days.


Bitcoin is unstable, if you can not handle his ups and downs then you should not stay here.
Also you should make sure that you are not holding in bitcoins more then you can afford to lose, as bitcoin is not covered by any government and can be failed or lose his value and you may stay down without anything.

Selling at a profit is a good thing as long as you follow the those rules.
 
full member
Activity: 238
Merit: 100
November 15, 2016, 08:42:27 AM
When bitcoin price reach $685 after halving day or about 4 months ago, I was sell 3 btc. I fear because in a week bitcoin price was down more than 10% only in 3 days.
hero member
Activity: 2128
Merit: 520
November 15, 2016, 08:30:01 AM
If all traders will be in panic selling definitely btc will hit a big dump.
When btc dump altcoins pump, thats the good thing will happen also.
So its good to invest your other btc in altcoin, and never put all
your money in just one basket.
Why would all do that? It will only happen if there is a bad news about bitcoin and it was confirm that bitcoin will become worthless, though majority will panic selling but if the whales are here to stay bitcoin will still rise, that is how the game is being played here.
That is right. Panic selling only occurs when there is a confirmed bad news about bitcoin and most of the traders or holders want to escape from that bad news and secure their profits so the panic selling will appear and make a huge dump for the price. Even though the panic selling is happening it is still good for investors or long term traders to buy a lot of bitcoin by just grabbing that dumped price that is made by the panic sellers.
Panic selling mostly occur with those who just new to this investment as they dont know how the play works and the whale keep on bullying them shaking the market by selling most of their coin and wait for those weak investors to moved and sell their holdings as  time past by most of us who understand the drill we patiently wait and continue to believe and earn good in return.
hero member
Activity: 2590
Merit: 644
November 15, 2016, 08:20:00 AM
If all traders will be in panic selling definitely btc will hit a big dump.
When btc dump altcoins pump, thats the good thing will happen also.
So its good to invest your other btc in altcoin, and never put all
your money in just one basket.
Why would all do that? It will only happen if there is a bad news about bitcoin and it was confirm that bitcoin will become worthless, though majority will panic selling but if the whales are here to stay bitcoin will still rise, that is how the game is being played here.
That is right. Panic selling only occurs when there is a confirmed bad news about bitcoin and most of the traders or holders want to escape from that bad news and secure their profits so the panic selling will appear and make a huge dump for the price. Even though the panic selling is happening it is still good for investors or long term traders to buy a lot of bitcoin by just grabbing that dumped price that is made by the panic sellers.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
November 15, 2016, 08:16:23 AM
If all traders will be in panic selling definitely btc will hit a big dump.
When btc dump altcoins pump, thats the good thing will happen also.
So its good to invest your other btc in altcoin, and never put all
your money in just one basket.
Why would all do that? It will only happen if there is a bad news about bitcoin and it was confirm that bitcoin will become worthless, though majority will panic selling but if the whales are here to stay bitcoin will still rise, that is how the game is being played here.
hero member
Activity: 1428
Merit: 506
November 15, 2016, 02:50:23 AM
If all traders will be in panic selling definitely btc will hit a big dump.
When btc dump altcoins pump, thats the good thing will happen also.
So its good to invest your other btc in altcoin, and never put all
your money in just one basket.
hero member
Activity: 910
Merit: 550
November 15, 2016, 02:38:07 AM
if this happen the price of bitcoin right now will begin to drop again. less btc users the more btc price will drop. that's why im encouraging all my office mates to invest their money in bitcoin to grow the bitcoin price. with the help of investors bitcoin will stand out in all currency but im still afraid to lose the fiat system. i don't know why i guess our economy can be imbalance if we lose fiat system?
legendary
Activity: 2954
Merit: 1153
November 15, 2016, 12:58:52 AM

I agree. Panic selling wouldn't make any profit out of your btc. And it's not really advisable for some traders who really want to make a good investment. Patience is the key and controlling yourself on how long you have to wait for the value to go up.

The solution for this is never put your money on the item that you are half hearted with.  If you don't have faith in bitcoin, better forget about it.  But there is also a possibility that most of the dumps are people cashing out with their profit.  So we can't blame them about it.  It is their holdings and it is their decision whether they want to book a profit at the current price or wait a bit longer to have more profit.
hero member
Activity: 644
Merit: 500
November 15, 2016, 12:45:19 AM
I think that yesterday was a panic selling by some people because the china government has tried (or did) affected the bitcoin by tried to control it, but the price again went a little up.

I do not think that yesterday's events and fluctuations in the price of Bitcoin is just a panic. Surely there are some hidden reasons

The reason behing the panic is that there are rumors that the chinese government will implement some strict rules against bitcoin and they would start taxing them heavily in order to reduce the amount of money flowing out of the country and this news had a big impact in the price
I think if panic seling the case then I think it would make to lower prices, but today you can see that the price rise is very fast, and of course it's because of panic buying occurred. I do not know the reason why panic buying this happened but the important thing is panic buying will always give a nice effect for the price of bitcoin

panic selling would not help, some of bitcoin users was selling their satoshi in low price while they can en cash it on the right price. Do you think China taking over the Bitcoin market is a good thing?Bitcoin was designed to be a part of the future of money. And now China is definitely a part of Bitcoin’s future. Only time will tell if it is for better or worse.
Not for all of us maybe, if someone is doing panic selling then obviously it would not help him at all and those whales are just gonna buy cheap bitcoins.It's actually normal in the crypto world that panic selling and buying will happen as we are news driven, and any bad news will negatively affect the price.

I agree. Panic selling wouldn't make any profit out of your btc. And it's not really advisable for some traders who really want to make a good investment. Patience is the key and controlling yourself on how long you have to wait for the value to go up.
hero member
Activity: 3052
Merit: 685
November 14, 2016, 11:24:51 PM
I think that yesterday was a panic selling by some people because the china government has tried (or did) affected the bitcoin by tried to control it, but the price again went a little up.

I do not think that yesterday's events and fluctuations in the price of Bitcoin is just a panic. Surely there are some hidden reasons

The reason behing the panic is that there are rumors that the chinese government will implement some strict rules against bitcoin and they would start taxing them heavily in order to reduce the amount of money flowing out of the country and this news had a big impact in the price
I think if panic seling the case then I think it would make to lower prices, but today you can see that the price rise is very fast, and of course it's because of panic buying occurred. I do not know the reason why panic buying this happened but the important thing is panic buying will always give a nice effect for the price of bitcoin

panic selling would not help, some of bitcoin users was selling their satoshi in low price while they can en cash it on the right price. Do you think China taking over the Bitcoin market is a good thing?Bitcoin was designed to be a part of the future of money. And now China is definitely a part of Bitcoin’s future. Only time will tell if it is for better or worse.
Not for all of us maybe, if someone is doing panic selling then obviously it would not help him at all and those whales are just gonna buy cheap bitcoins.It's actually normal in the crypto world that panic selling and buying will happen as we are news driven, and any bad news will negatively affect the price.
hero member
Activity: 672
Merit: 500
November 14, 2016, 11:24:01 PM
Not all of bitcoin in exchange is useable, there some of users lost their password. Bitcoin circulation is too low so if some one buy many bitcoin in high price the price will move extremely . If bitcoin users increase and the bitcoin spreading is better than now, bitcoin price will more stable. This day panic selling and panic buying is obviously usual. The hoarder take the part of bitcoin price fluctuation factors.
hero member
Activity: 994
Merit: 544
November 14, 2016, 09:13:42 PM
I think that yesterday was a panic selling by some people because the china government has tried (or did) affected the bitcoin by tried to control it, but the price again went a little up.

I do not think that yesterday's events and fluctuations in the price of Bitcoin is just a panic. Surely there are some hidden reasons

The reason behing the panic is that there are rumors that the chinese government will implement some strict rules against bitcoin and they would start taxing them heavily in order to reduce the amount of money flowing out of the country and this news had a big impact in the price
I think if panic seling the case then I think it would make to lower prices, but today you can see that the price rise is very fast, and of course it's because of panic buying occurred. I do not know the reason why panic buying this happened but the important thing is panic buying will always give a nice effect for the price of bitcoin

panic selling would not help, some of bitcoin users was selling their satoshi in low price while they can en cash it on the right price. Do you think China taking over the Bitcoin market is a good thing?Bitcoin was designed to be a part of the future of money. And now China is definitely a part of Bitcoin’s future. Only time will tell if it is for better or worse.
hero member
Activity: 910
Merit: 500
November 14, 2016, 10:04:09 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,?
If this happen that somebody will going to huge dump to get dump the coins im not going to sell my coins and i will wait for someone who going to pump it again and i will make a good profit when that's happen bitcoin is not only for selling all the time you need to have patience also when you are in trading.
newbie
Activity: 56
Merit: 0
November 14, 2016, 09:12:09 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,?
The bitcoin price will be lower and lower.
Everybody lose their mind.
However, if that really happen, there will be a new investor come to buy a lot of bitcoin.
After that, the bitcoin price extremely rise up and back stable.
The investor become rich.
Just my thought.
hero member
Activity: 714
Merit: 531
November 14, 2016, 08:14:37 AM
Panic selling is not good to the users who are having huge amount of investment but this is good for bitcoin because after selling the hord bitcoin the demand will increase when the users choose to reinveat their money and the price of bitcoin will increase.
hero member
Activity: 1372
Merit: 503
November 14, 2016, 08:12:56 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,?
Chinese are really good when it comes in dumping and puming altcoins and earning profits are good when you are waiting for the right time to buy and sell and for me im going to the same thing when others and if somebody dumping the coins im going to wait till it will pump again.
hero member
Activity: 1414
Merit: 505
Backed.Finance
November 14, 2016, 07:45:21 AM

This is for sure IF bitcoin price hit $600 again. But I think $600 is a history of bitcoin now.  I think the new floor is $700.  With the implementation of Segwit, if it is proven helpful and proven that those benefits listed are true then $1000 will be easily reached then.  You can try to read Segwit benefits here: https://bitcoincore.org/en/2016/01/26/segwit-benefits/

That was what I am pointing out before,bitcoin will continue to rise and possibly reach $1000 by next year.Though last day,bitcoin price has some setbacks but now it fully recover. I think its a dump by some bitcoin players.
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