Topic: panic selling - page 109. (Read 111217 times)
After the bitfinex issue, bitcoin is now recovering its value, and returning to the place were it were around 630-650 dollars, till end the year i do believe it will hit 700 dollars, atleast last year the price jumped a bit at those period. Isnt time to sell and yes to buy.
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,?
It would depend if those "somebody" holds a lot of Bitcoins. Just remember what the Bitfinex hack has caused us. We were slowly increasing and then it stopped and dropped really hard. Right now, we're still recovering from that. Its better not to get panic when price drops, we need to have faith in the ability of bitcoins, as it has fallen many times in the past but again we saw major rise in the price of bitcoin.
Panic time is actually a good time to buy the bitcoin. The bitcoin price will rise in the long term as it is developed continuously.
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,?
It would depend if those "somebody" holds a lot of Bitcoins. Just remember what the Bitfinex hack has caused us. We were slowly increasing and then it stopped and dropped really hard. Right now, we're still recovering from that. Its better not to get panic when price drops, we need to have faith in the ability of bitcoins, as it has fallen many times in the past but again we saw major rise in the price of bitcoin.
whenever there is a fall you have to look for the reasons of that fall and see the size of it too. for example there are always a lot of small drops in bitcoin ($20 or so) and all these are normal for bitcoin and then again there are bigger drops that for example there was the hack drop which caused a panic.
if you find the reason for the drop then you can decide to go in or not.
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,?
It would depend if those "somebody" holds a lot of Bitcoins. Just remember what the Bitfinex hack has caused us. We were slowly increasing and then it stopped and dropped really hard. Right now, we're still recovering from that. Its better not to get panic when price drops, we need to have faith in the ability of bitcoins, as it has fallen many times in the past but again we saw major rise in the price of bitcoin.
Yeah it just go back up over and over again. Some people are being added and as they buy the price will keep rising until to the point that there is a litle to sell and that means more price to go up.
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,?
It would depend if those "somebody" holds a lot of Bitcoins. Just remember what the Bitfinex hack has caused us. We were slowly increasing and then it stopped and dropped really hard. Right now, we're still recovering from that. Its better not to get panic when price drops, we need to have faith in the ability of bitcoins, as it has fallen many times in the past but again we saw major rise in the price of bitcoin.
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,?
It would depend if those "somebody" holds a lot of Bitcoins. Just remember what the Bitfinex hack has caused us. We were slowly increasing and then it stopped and dropped really hard. Right now, we're still recovering from that. In fact, we were right in the middle of the correction after hitting sub-$800 highs earlier in June before the halving. The Bitfinex hack happened on August 2, when the price had already been plunging down since July 30. I would hardly call that leg down as "slowly increasing". In any case, the price is now where it had been just before the hack...
And we are essentially back to square one
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,?
It would depend if those "somebody" holds a lot of Bitcoins. Just remember what the Bitfinex hack has caused us. We were slowly increasing and then it stopped and dropped really hard. Right now, we're still recovering from that. 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.
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.
That is not going to happen. People who bought in large amounts because they were greedy, will tend to dump if they feel that Bitcoin's value is decreasing. You can't ask them to sit still and spend slowly.
Right now it's actually better to start buying more BTC.
It's always the right time to buy BTC-remember that.
It's always the right time to buy BTC-remember that.
Maybe in general it is the right time to buy but saying the truth it isn't always the time to buy bitcoin.
Sometimes it is an ideal price to sell and sometimes buying, but at the moment for those that are not in hurry it's not time to sell especially when the price has been dropped a bit.
At least those that have invested in $200s - $600s the ideal time to make a good profit is to sell them at $1k or $2k.
But if you are going to hold money for a long time (cash or in a bank) then why not invest a part of them in bitcoin and hold.
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.
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.
Panic selling couldn't really affect the bitcoin's price, the market price is already stable, and even the price dropp down the last period, i think it will increase again soon
Panic selling does effect the price of bitcoin if people with a tons of bitcoin do it. You are returning alot of bitcoin causing prices to down.
This creates a chain cause more people will sell cause its crashing etc etc.
Right now it's actually better to start buying more BTC.
It's always the right time to buy BTC-remember that.
It's always the right time to buy BTC-remember that.
Maybe in general it is the right time to buy but saying the truth it isn't always the time to buy bitcoin.
Sometimes it is an ideal price to sell and sometimes buying, but at the moment for those that are not in hurry it's not time to sell especially when the price has been dropped a bit.
If you believe in bitcoin you know that the current price doesn't reflects the true potential of bitcoin.
Having said this, I for one would not sell at this moment, nor buy. Since I do expect a small dip from where I will make sure to buy some more coins.
because the potential price of bitcoin is not $600 and it can go a lot higher than this. meaning the current price is not the real potential of bitcoin.
halving has nothing to do with anything. the halving made some hype that helped speed up the process of rising but the whales are mostly keeping it down to accumulate more.
Right now it's actually better to start buying more BTC.
It's always the right time to buy BTC-remember that.
It's always the right time to buy BTC-remember that.
Maybe in general it is the right time to buy but saying the truth it isn't always the time to buy bitcoin.
Sometimes it is an ideal price to sell and sometimes buying, but at the moment for those that are not in hurry it's not time to sell especially when the price has been dropped a bit.
If you believe in bitcoin you know that the current price doesn't reflects the true potential of bitcoin.
Having said this, I for one would not sell at this moment, nor buy. Since I do expect a small dip from where I will make sure to buy some more coins.
Right now it's actually better to start buying more BTC.
It's always the right time to buy BTC-remember that.
It's always the right time to buy BTC-remember that.
Maybe in general it is the right time to buy but saying the truth it isn't always the time to buy bitcoin.
Sometimes it is an ideal price to sell and sometimes buying, but at the moment for those that are not in hurry it's not time to sell especially when the price has been dropped a bit.
If you believe in bitcoin you know that the current price doesn't reflects the true potential of bitcoin.
Having said this, I for one would not sell at this moment, nor buy. Since I do expect a small dip from where I will make sure to buy some more coins.
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,?
Yes its going to impact the bitcoin price, bitcoin is depend on the demand and supply chain, if the supply suddenly increase its going to cause the price to go down, and if a lot of user do this bitcoin can become worthless, so panic buying is dangerous for bitcoin priceif there won't be any buyer then no one can sell their coins.
It seems to me that you are confusing placing sell orders with their filling (executing), technically speaking. The former reflects just the desire to sell while the latter the actual fulfillment of this desire. The difference is that not all sell orders may and will get executed at all times due to the lack of buyers at the desired sell price. Then the competition between the sellers kicks in which draws the price down. And this is the real deal since the price, potentially, could hit the ground in the absence of buyers. There will always be someone who would want to sell at any price (for various reasons), while the opposite is not always true. For example, no one in their sober mind is going to buy shares of a company that has just gone belly up (when its shares are still listed on the exchange).
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,?
Yes its going to impact the bitcoin price, bitcoin is depend on the demand and supply chain, if the supply suddenly increase its going to cause the price to go down, and if a lot of user do this bitcoin can become worthless, so panic buying is dangerous for bitcoin priceif there won't be any buyer then no one can sell their coins.
That's not exactly correct. At any given time, exchanges have tons of buy orders waiting to be filled and most of those are not actively monitored by the account owners. So if lots of people start selling, it doesn't necessarily mean that there are people out there buying willingly into the panic, it's just those orders that are getting filled.
Right now it's actually better to start buying more BTC.
It's always the right time to buy BTC-remember that.
It's always the right time to buy BTC-remember that.
Maybe in general it is the right time to buy but saying the truth it isn't always the time to buy bitcoin.
Sometimes it is an ideal price to sell and sometimes buying, but at the moment for those that are not in hurry it's not time to sell especially when the price has been dropped a bit.
Right now it's actually better to start buying more BTC.
It's always the right time to buy BTC-remember that.
It's always the right time to buy BTC-remember that.
Maybe in general it is the right time to buy but saying the truth it isn't always the time to buy bitcoin.
Sometimes it is an ideal price to sell and sometimes buying, but at the moment for those that are not in hurry it's not time to sell especially when the price has been dropped a bit.
Right now it's actually better to start buying more BTC.
It's always the right time to buy BTC-remember that.
It's always the right time to buy BTC-remember that.
Maybe in general it is the right time to buy but saying the truth it isn't always the time to buy bitcoin.
Sometimes it is an ideal price to sell and sometimes buying, but at the moment for those that are not in hurry it's not time to sell especially when the price has been dropped a bit.
If you think the bitcoin price will rise in the long term. It is better not to sell. So there is no ideal price to sell.
Right now it's actually better to start buying more BTC.
It's always the right time to buy BTC-remember that.
It's always the right time to buy BTC-remember that.
Maybe in general it is the right time to buy but saying the truth it isn't always the time to buy bitcoin.
Sometimes it is an ideal price to sell and sometimes buying, but at the moment for those that are not in hurry it's not time to sell especially when the price has been dropped a bit.
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