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Topic: panic selling - page 18. (Read 111217 times)

full member
Activity: 504
Merit: 105
January 01, 2018, 05:56:12 PM
Investors took advantage of the coin to make the entire crypto market drop sharply, prompting investors to sell off all their assets in the crypto market. You should remember that whale investors are very happy when you do so because they are waiting to buy your coin at a very low price and they have achieved their purpose. Be truly calm in all your decisions.
member
Activity: 103
Merit: 10
January 01, 2018, 05:12:00 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,?
When bitcoin suddenly will have a huge drop maybe i would selll my bitcoin to as to others. Because i dont know if what will happen next. I dont know either if bitcoin will continue or not.
member
Activity: 296
Merit: 13
January 01, 2018, 03:09:50 PM
If the value of bitcoin suddenly dropped down, panic selling attact is the next thing to take place which happened just recently.  This is due to the mind set of the volatility of bitcoin which resulted to lack of trust on the foundation of bitcoin. Yes it will have impact if huge amount will be sold dramatically  as it mean lesser demand. However,  it cannot be denied that still a lot of traders hold on to the belief that bitcoin is still on the top and more people are investing on this powerful digital currency.
sr. member
Activity: 1111
Merit: 255
January 01, 2018, 02:39:44 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,?

Bitcoin price will go deep down because bitcoin price depends on market demand. If a huge amount of bitcoin is sold, a huge amount of decrease in it's price is expected to follow. The reason why bitcoin price is going up because more and more people are investing on bitcoin.
hero member
Activity: 686
Merit: 502
January 01, 2018, 02:11:49 PM
Very effective attack on bitcoin.
Before the new year, limiting the entry of fresh money into the crypto-economy.
The sale of panic showed itself very well.
newbie
Activity: 41
Merit: 0
January 01, 2018, 01:51:29 PM
It's a volatile market so while there are quick lows, there are quick highs as well and things can change rather quickly. If you weed out the spam coins, its mostly based on speculation similar to Forex.
member
Activity: 322
Merit: 10
January 01, 2018, 01:44:54 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,?

the sale of bitcoin in large amount causes the price of bitcoin to fall. but when many traders will buy bitcoin at the lower price sold then  the bitcoin price will be normal in the following periods.

Mostly people when purchase a Bitcoin they want to earn maximum profit on it. This is the general thinking to earn profit but in the market there is lot of ups and downs according to time. And traders are know this very well, when the price of Bitcoin is getting low they don’t show any reaction but as compare of those people who are lay man they are so worried to see the market situation and ready to sale out their Bitcoin even at low price. This trend is not right just hold you’re Bitcoin, as the price again rise and touches its peak, then you sale and earn good profit.
I think no need to make panic about bitcoin because it’s a money and it should be use carefully because if you will make panic so it can give you lose because one of my friend he lose in bitcoin because he sold his bitcoin without going to check its price and now he is also very careful about it so bitcoin don’t accept panic when you want to start bitcoin so always be careful about bitcoin price then you can get your profit.
legendary
Activity: 2044
Merit: 1115
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December 30, 2017, 03:44:33 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 buy bitcoin then one day goes down my money gets wrecked

This is the reason why you need to look in the price since bitcoin is so volatile and it is all depend on the law of demand and supply, since a lot of people sold their bitcoin at the price of $19K, the price is now having a dip and now at $13.5K. But as far as I know, the price usually goes up after this kind of dump, maybe there are other things that the price is staying at this price.

The danger in expecting this as a rule is that when it doesn't happen, everyone who thought Bitcoin always had to go up after a fall will lose a lot of money for their foolish expectations. Nothing in the world is guaranteed to go up in value, so why people think Bitcoin is a special exception continues to baffle me. People are so wrapped up in their emotional attachment to Bitcoin that they ignore how poorly the coin actually functions these days. The mempool is overflowing with unconfirmed transactions and fees are averaging $35 now to get your transactions through. How on Earth is this an improvement from fiat, or an economical way to transfer value? Perhaps Bitcoin never recovers to a new high at this point because the coin is not competitive to all the alts that do a better job at being Bitcoin than Bitcoin itself. I believe 2018 has a decent change of a flippening. As to what coin that will be, I don't know. Ethereum and Ripple are good guesses, and Bitcoin Cash is a good third alternative. But I will be surprised if one year from now Bitcoin is still the largest crypto by market cap.
full member
Activity: 241
Merit: 100
December 30, 2017, 04:40:50 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 buy bitcoin then one day goes down my money gets wrecked

This is the reason why you need to look in the price since bitcoin is so volatile and it is all depend on the law of demand and supply, since a lot of people sold their bitcoin at the price of $19K, the price is now having a dip and now at $13.5K. But as far as I know, the price usually goes up after this kind of dump, maybe there are other things that the price is staying at this price.
full member
Activity: 168
Merit: 101
December 30, 2017, 04:37:37 AM
I do not think there will be a big difference because there is a big demand that is not enough to fall
Roll Eyes
I think it is against the human nature. every one gets panic in a huge loss or in the condition of loss. I think you can only pick 2 or 3 coin if you are not a huge investor so, just hold your nerves while picking coins and then stay of your investment. Panic can lead to very unpleasant consequences, when carelessly to sell its assets at an unfavorable price. By investing should be approached wisely.
full member
Activity: 364
Merit: 100
December 30, 2017, 04:30:03 AM
in trading should be able to control the emotions and do not panic if the price suddenly dropped and then decided to sell because of panic, you should hold first until the price back up, should have patience in the face
full member
Activity: 406
Merit: 100
December 30, 2017, 04:09:42 AM
I think people saving bitcoins right now .but  it is the best time for us to buy more bitcoins and wait for its time that its price will goes up again.Its the exact time to buy bitcoins and hold it as Bitcoin prices are expected to rise high and now we can also see bitcoin price is steadily rising.
Be attentive, many analytics, says that now for big capital, futures good idea to go down price for few month. But you right its goes up again.
hero member
Activity: 616
Merit: 502
December 30, 2017, 03:43:12 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 buy bitcoin then one day goes down my money gets wrecked

It is not the end of the world, bitcoin's price is going down everyday, it is natural to panic since I guess it is your first time on buying bitcoin or first time here in the cryptocurrency world. Bitcoin is a decentralized network so its price is volatile causing it DUMPS and PUMPS from time to time, but trust me, there is no reason to panic because DUMPS is just for temporary and it will rise again in no time.
member
Activity: 308
Merit: 10
December 30, 2017, 03:06:43 AM
I think people saving bitcoins right now .but  it is the best time for us to buy more bitcoins and wait for its time that its price will goes up again.Its the exact time to buy bitcoins and hold it as Bitcoin prices are expected to rise high and now we can also see bitcoin price is steadily rising.
member
Activity: 105
Merit: 10
December 30, 2017, 02:48:10 AM
The effect of panic selling the decrease of the bitcoins price.
hero member
Activity: 3080
Merit: 603
December 30, 2017, 02:26:18 AM
I buy bitcoin then one day goes down my money gets wrecked
Chill down man, this is the bitcoin market when did bought your bitcoin? Don't panic yet it's too early to sell and get your profit or should I say that you still don't have profit since the price of bitcoin starts to decline. Your money isn't wrecked it is just on the state of decreasing because the price of bitcoin is decreasing too. You need to calm down and just wait for more time until bitcoin recovers again.
newbie
Activity: 67
Merit: 0
December 30, 2017, 02:09:40 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,?
There are techniques & algos to slice a huge dump into small ones. Who knows, it's perhaps already happenning...
newbie
Activity: 35
Merit: 0
December 30, 2017, 12:53:24 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 buy bitcoin then one day goes down my money gets wrecked
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
December 30, 2017, 12:40:33 AM
Yeah i'm really panic for now because of a big dump on NXT which made it loss 40~50% in only 3 days ? WTF is happening with NXT, i think this is the time for me to be chilled and don't panic selling.
With the expectation of the people that NXT will pump, the opposite just happen and it looks like it will be back to its old price.
Still, not a time to panic because if it has rise that big for sure in time it will be back up, always believe in crypto as patience is very important.
jr. member
Activity: 224
Merit: 3
December 30, 2017, 12:35:06 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 there os a panic selling of btc its good in the market. Definitely the price will drop. Buy some few then wait a few weeks the price will rise again then earn some few penny then.
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