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Topic: panic selling - page 108. (Read 111179 times)

hero member
Activity: 658
Merit: 505
November 04, 2016, 04:13:07 AM
Panic never works, it can only make damage. Any experienced Bitcoin user should now by now that pums and dumps are normal and that it isn't good to react suddenly and emotionaly on every price movement.
sr. member
Activity: 405
Merit: 250
November 04, 2016, 03:59:16 AM
If the price of bitcoins will go down better not panic and sell coins for a non profitable price. I've just experienced it and what I did I calmed down and put my patient to it because I know the bitcoin price may go up again and that what happens. Just put your trust to it  Grin

The bitcoin price dropped about 8% in the last few days. It is a good opportunity to buy some at low price.
hero member
Activity: 644
Merit: 500
October 20, 2016, 09:18:06 AM
If the price of bitcoins will go down better not panic and sell coins for a non profitable price. I've just experienced it and what I did I calmed down and put my patient to it because I know the bitcoin price may go up again and that what happens. Just put your trust to it  Grin
hero member
Activity: 1428
Merit: 506
October 17, 2016, 01:09:54 AM
This was already happen in me, panic selling on the
coins that I bought. That time, I thought the price
may dump if I wont sell the coins. But, my instinct
was wrong. This was so called decision-making in
trading should keep in mind.
hero member
Activity: 2842
Merit: 625
October 16, 2016, 10:15:29 PM
Panic selling is just something inexperienced human traders do. I am by far not a professional but I do now when to sell or not to panic sell. Most of the time that the price takes a major hit, i transfer more bitcoin so I can buy more coins. Be it bitcoin or an altcoin.

Yeah they are afraid when they see the price of bitcoin when it is falling. Me either, I am not a professional trader but I won't do panic selling.

And instead I am just calm when I see the price is falling down but I never did panic selling, I just sell when the price is good and stable enough.

But not all my bitcoins only few.
sr. member
Activity: 420
Merit: 250
October 16, 2016, 01:54:47 PM
Panic selling is just something inexperienced human traders do. I am by far not a professional but I do now when to sell or not to panic sell. Most of the time that the price takes a major hit, i transfer more bitcoin so I can buy more coins. Be it bitcoin or an altcoin.
newbie
Activity: 59
Merit: 0
October 16, 2016, 12:56:00 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,?
That is called panic selling so the bitcoin is droping if that happen maybe bitcoin can drop the price and start again the price from the beginning of bitcoin. So its big effect in bitcoin if they are panic selling.
But i think this could not happen because bitcoin is too much strong to drop the price unless theres a big desaster coming in all over the world.

Even if price falls in future then we can consider it as an buying opportunity and if everyone starts buying them then again it will take price higher in future, so I don't think there is anything to worry about.

The bitcoin price will only rise when more people use it. But the transaction confirmation is too long at the moment. It will deter adoption.

It is true. But I heard that the SegWit will come out quite soon. That could increase the block size from 1MB to 1.7 MB.
full member
Activity: 203
Merit: 100
★CryptoGamesFX.com★
October 13, 2016, 08:19:13 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,?
That is called panic selling so the bitcoin is droping if that happen maybe bitcoin can drop the price and start again the price from the beginning of bitcoin. So its big effect in bitcoin if they are panic selling.
But i think this could not happen because bitcoin is too much strong to drop the price unless theres a big desaster coming in all over the world.

Even if price falls in future then we can consider it as an buying opportunity and if everyone starts buying them then again it will take price higher in future, so I don't think there is anything to worry about.

The bitcoin price will only rise when more people use it. But the transaction confirmation is too long at the moment. It will deter adoption.
hero member
Activity: 812
Merit: 1000
October 13, 2016, 04:11:44 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,?
That is called panic selling so the bitcoin is droping if that happen maybe bitcoin can drop the price and start again the price from the beginning of bitcoin. So its big effect in bitcoin if they are panic selling.
But i think this could not happen because bitcoin is too much strong to drop the price unless theres a big desaster coming in all over the world.

Even if price falls in future then we can consider it as an buying opportunity and if everyone starts buying them then again it will take price higher in future, so I don't think there is anything to worry about.
hero member
Activity: 924
Merit: 505
October 13, 2016, 04:03:08 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,?
That is called panic selling so the bitcoin is droping if that happen maybe bitcoin can drop the price and start again the price from the beginning of bitcoin. So its big effect in bitcoin if they are panic selling.
But i think this could not happen because bitcoin is too much strong to drop the price unless theres a big desaster coming in all over the world.
hero member
Activity: 658
Merit: 505
October 12, 2016, 11:57:55 PM
All same stories all the time. Big crash is coming or big price boost is coming. Almost like stories about the end of the world. But nothing of this will not happen so suddenly and dramaticaly.
hero member
Activity: 714
Merit: 500
October 12, 2016, 10:21:08 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,?
i also have panic sold before in my life because I was to greedy, the price was rising but I wanted the money back but I did not make a huge profit.
After that day the price was still going up, if I had sold back then I would make allot more money.

Even I did panic selling once but that was a profitable decision for me, I sold all my coins when price was at $750 before the halving as I bought when the price was $250 last year, so it was giving me profit of $500 per coin and I think that was an right move as price crashed after that.

Well me either when I made panic selling it made me profitable and I did that before the bitfinex incident. And I don't feel sorry about that and I think I am just holding 0.5 bitcoins by that time and the timing is that I need fiat money on that day so when I did panic selling, I did get profit on that time and as of now I am just waiting for the price increase again.
I think you made an right decision to sell them as price was too good at that time and after the bitfinex hack price crashed so if you would have sold at that point then you would have made lower profits.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
October 12, 2016, 10:12:54 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,?
i also have panic sold before in my life because I was to greedy, the price was rising but I wanted the money back but I did not make a huge profit.
After that day the price was still going up, if I had sold back then I would make allot more money.

Even I did panic selling once but that was a profitable decision for me, I sold all my coins when price was at $750 before the halving as I bought when the price was $250 last year, so it was giving me profit of $500 per coin and I think that was an right move as price crashed after that.

Well me either when I made panic selling it made me profitable and I did that before the bitfinex incident. And I don't feel sorry about that and I think I am just holding 0.5 bitcoins by that time and the timing is that I need fiat money on that day so when I did panic selling, I did get profit on that time and as of now I am just waiting for the price increase again.
full member
Activity: 238
Merit: 100
October 12, 2016, 12:32:03 PM
Of course we are going to be in a problem.
This also calls as "dump".
It usually happens when something happens to a big bitcoin related service, such as the fall of mt.gox.
Everybody entered into a panic mode and sold all most of their bitcoins, so we ended up losing hundreds of percents of value.
But because bitcoin is more stable now, this is less likely to happen.
 
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
October 12, 2016, 12:28:29 PM
I wonder what will be the final price before the flash crash starts again. What do you think? Is it 700?

688?

flash crash?!! in your dreams Cheesy

i have been hearing people like you for over 2 years saying the same thing about bitcoin and flash crashes the only thing that changes is the price.

it started from 200 ish and the crash was 100 and then when price was 400 the crash was to 200 and so on. and these crashes never happen!
sr. member
Activity: 266
Merit: 250
October 12, 2016, 12:19:04 PM
I wonder what will be the final price before the flash crash starts again. What do you think? Is it 700?

688?
hero member
Activity: 938
Merit: 1000
October 12, 2016, 11:06:17 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,?
i also have panic sold before in my life because I was to greedy, the price was rising but I wanted the money back but I did not make a huge profit.
After that day the price was still going up, if I had sold back then I would make allot more money.

Even I did panic selling once but that was a profitable decision for me, I sold all my coins when price was at $750 before the halving as I bought when the price was $250 last year, so it was giving me profit of $500 per coin and I think that was an right move as price crashed after that.
sr. member
Activity: 256
Merit: 250
October 12, 2016, 10:44:29 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,?
i also have panic sold before in my life because I was to greedy, the price was rising but I wanted the money back but I did not make a huge profit.
After that day the price was still going up, if I had sold back then I would make allot more money.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
October 04, 2016, 04:50:13 AM
 Smiley
Panic selling has alot of effect on the price of bitcoin. What makes the price is selling and buying so whenever these events happen the prices tend to swing.
The best is for people to spend their bitc in a normal way this way we will only have price increases as more investors start to show interest.
I think when prices rise at bitcoin you can not tell someone to keep quiet and do things as usual. I'm sure they are automatically going to panic and sell as much as possible their bitcoin. because I'm sure they will think that this is the right time to sell


Thats newbies mindset or shall we say contented people but i don't actually call it panic selling since many people do that everyday and it is part of transaction with bitcoins, but if something bad rumors are scattered and a mass of people are starting to sell their coins is actually a panic selling since they are afraid from losing in some bad info regarding to bitcoins breakdown of price, and also i think if panic selling is temporarily to be happened and they will be back and stake again with bitcoins.
hero member
Activity: 490
Merit: 500
October 03, 2016, 07:04:02 PM
Panic selling has alot of effect on the price of bitcoin. What makes the price is selling and buying so whenever these events happen the prices tend to swing.
The best is for people to spend their bitc in a normal way this way we will only have price increases as more investors start to show interest.
I think when prices rise at bitcoin you can not tell someone to keep quiet and do things as usual. I'm sure they are automatically going to panic and sell as much as possible their bitcoin. because I'm sure they will think that this is the right time to sell
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