panic selling - page 22. | Bitcointalksearch.org

STT

legendary

Activity: 4102

Merit: 1454

Quote from: Rhaizan on December 12, 2017, 09:37:37 AM

Quote from: jinx029 on December 08, 2017, 08:51:29 PM

Panic selling is just an act that is detrimental to itself. Due to the fact, bitcoin to this day is still rising, and still seems to continue to rise until the end of this month. Very pleasant price

I guess you are right, im still waiting for the dump of bitcoin so i can buy but i think this is impossible to happen for now, so im just focus now to altcoin that i can buy in low price.

I dont know about dump exactly but there are downswings to match the peaks in the BTC price. Its quite a regular market in that way, the appreciation is rapid for sure but its not quite straight up.
So heres a chart and I've marked places of support and boundaries to its upwards climb. If you imagine a kind of staircase at a more slight angle and the jagged up and down that staircase takes while still going upwards, this is how graphs while bullish allow you to buy in:

There is no certainity, but at points its worth more of a gamble then other times. Some people can tell when its due to sell off but thats harder to do when the overall trend has been up for a while now, much safer to try for a regular buy after something of a pullback.
This graph is the last fortnight roughly

watchbay30

member

Activity: 70

Merit: 10

Quote from: Flame- on December 15, 2017, 09:38:52 AM

Dumps and pumps are part of all crypto currencies, the same way as others currencies and markets assets. At Bitcoin we do have a lot whales that make all the magic happens, while with others markets are banks and big fortunes that make pression in the price, but both markets are week against bad news.

Bitcoin as i had said before is finding its new value, some people expected to it reach the 700 dollars or above ammounts, some people said 500 -600 dollars would be the new value of bitcoin has nothing that could affect the price last year of 250-300 dollars to make such change. Soo bitcoin will for sure being test new values and the community support over the next months.

markk94

full member

Activity: 308

Merit: 100

when there's huge dumps and there's panic sell chain. then, there's people that wait for the prices down to the point the rally end. and that people will buy in some good amount of bitcoin because that's chance for that person

Flame-

newbie

Activity: 56

Merit: 0

Dumps and pumps are part of all crypto currencies, the same way as others currencies and markets assets. At Bitcoin we do have a lot whales that make all the magic happens, while with others markets are banks and big fortunes that make pression in the price, but both markets are week against bad news.

christina30

member

Activity: 364

Merit: 10

Quote from: pearl11 on June 01, 2016, 06:56:59 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,?

Mostly people believes bitcoin will back with the good price now.Everything was just a FUD and those who are selling their bitcoins at a very low price are not regretting,people may not having a patience when it come on waiting.but Panic sale is not a big problem.

andrei56

sr. member

Activity: 840

Merit: 254

Quote from: Ipwich on December 05, 2017, 11:18:10 PM

Quote from: elpsycongree on December 05, 2017, 06:56:04 PM

If a huge amount of people sells their bitcoin due to panic caused by the news or rumours, it's possible that the price of bitcoin will drop down, depending if the amount of bitcoin they've sell will be significant enough to make a huge impact with the current prices.

Now that the price are climbing I think it will create a big panic when there will be a hard dump.
I like to see how much it will dip as for sure I will not pass this opportunity to buy, just hold more because the price has no plan of stopping the rise.

This was bound to happen, people get very optimistic when the price is going up but people tend to get very pessimistic when things are not going right, it is obvious the pumpers are taking into account this reaction, not only they earn money when bitcoin rises they also earn money when bitcoin goes down.

Rhaizan

full member

Activity: 518

Merit: 100

Quote from: jinx029 on December 08, 2017, 08:51:29 PM

Panic selling is just an act that is detrimental to itself. Due to the fact, bitcoin to this day is still rising, and still seems to continue to rise until the end of this month. Very pleasant price

I guess you are right, im still waiting for the dump of bitcoin so i can buy but i think this is impossible to happen for now, so im just focus now to altcoin that i can buy in low price.

Harrisonimo

full member

Activity: 490

Merit: 101

There are a various reasons for a panic sell and mostly attributed to wrong or a very strong and reliable information. Individuals can also have personal reasons to do away with their coins in other to get the fiat. In all, the immediate need is met and a moment contentment of goal achieved. I for one will do a due diligence in affirming my strong reason for selling off or part-selling and not easily swayed away by every information heard. On the long run, one doesn't have to feel bad in the future for a wrong sell.

markers

full member

Activity: 350

Merit: 106

Dramatic price drop on the back of huge sells it is the real risk that you have to bear in mind when decide to make any investments. As already said, you have to be ready to lose the whole invested amount. Possible solutions are prudent approach and diversification.

Sled

hero member

Activity: 1680

Merit: 535

Bitcoin- in bullish time

Quote from: BlackRock on December 08, 2017, 08:59:01 PM

Panic selling is a grave mistake that traders often make.Happens mostly when people invest what they can not afford lose...so these traders get panic and sell to minimize loses ..but they forget that the curve will go up.Patience is the key.Use panic selling as buying opportunity and buy as much as you can ,when the price is low

That is the reason why we should only invest the amount of money that we can afford to lose because if you will invest the money that you are not afraid to lose then you will be prone in panicking and also selling for wrong prices and that is all because of greediness so the buyers should think twice first before putting their money if they can afford it to lose or not.

BlackRock

sr. member

Activity: 294

Merit: 252

Panic selling is a grave mistake that traders often make.Happens mostly when people invest what they can not afford lose...so these traders get panic and sell to minimize loses ..but they forget that the curve will go up.Patience is the key.Use panic selling as buying opportunity and buy as much as you can ,when the price is low

jinx029

member

Activity: 126

Merit: 10

Panic selling is just an act that is detrimental to itself. Due to the fact, bitcoin to this day is still rising, and still seems to continue to rise until the end of this month. Very pleasant price

andrei56

sr. member

Activity: 840

Merit: 254

Quote from: anhhung409 on December 03, 2017, 01:39:14 PM

That made Bitcoin's price drop dramatically. Although you know it, you do not sell but there will be a lot of people scared and they will sell. This made many people dumping, and the price of Bitcoin was falling. At that time, for fear of losing money, you also have to sell. That's the crowd effect and it's hard to avoid when someone wants to make a dump

You cannot stop people from panic selling what you can do is to avoid yourself from panic selling, it can be hard but for the person that is really convinced about the future of bitcoin, selling is not really an option, the price may be high but many of us are waiting for even bigger prices to sell.

deppil

hero member

Activity: 1008

Merit: 501

Quote from: Bosx1ne on December 06, 2017, 10:01:17 PM

Quote from: pearl11 on June 01, 2016, 06:56:59 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,?

Do you think panicking is good for us? One of the problem of the trader is they are panicking if they saw that the value of their coin is decreasing. I am also a trader and I do not let my emotions be carried away.

I think panic is not only when the price goes down, but also when the price rises there are some users are also panicking selling. sometimes panic selling is also useful but it is just gambling, the most precise of course remain calm and do not get carried away emotion. do the calculation before making a choice dude!

bittybits

newbie

Activity: 47

Merit: 0

It is really unavoidable if you are just a starter when it comes to trading but it's also possible that even those that are long-time traders are also prone to panic selling. it's because of the value of bitcoin that makes people panic especially if the value consistently drops down consecutively.

jakoylantern

full member

Activity: 560

Merit: 107

For me, some people are panic selling because of the price of bitcoin right now. Yes, bitcoin price right now is high that you can gain plenty of money. But bitcoin is still increasing, and you can always earn more money. Panic selling your bitcoin can lead you to lose plenty of money in the end. Just continuously analyze the situation why you would sell or trade your bitcoin and what will happen if you sell it.

Pakboy

full member

Activity: 195

Merit: 100

"Proof-of-Asset Protocol"

Quote from: pearl11 on June 01, 2016, 06:56:59 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,?

Panic selling can lead us to lose our money. When I am a beginner in the trading world, I always got panicked when I saw the price of my altcoins. It is also the reason why I lose some of my money. We should not panic if we are doing trading.

crocozino

sr. member

Activity: 420

Merit: 250

there are always a lot of weak hands, they sell their bags in panic every time they see a dump!
they drop all their coins no matter if they will be at high or low loss at all! sure there is whales which can manipulate coins, the volatility at bitcoin is attracting more and more investors.. so think well before fall into panic. analyse, then act!

nightfury

full member

Activity: 392

Merit: 100

They panic selling due to the fact that their altcoins that they HODLed for a while starting to fall down because of bitcoin's price hike. But instead of pushing the panic selling button, why not continue to HODL and buy more when price is getting low?

Jupeter

full member

Activity: 378

Merit: 100

Quote from: ?? on ??

definitely bicoin mae. Idividuals are purchasing bitcoin because the most reliable gold coin.Dogecoin is lt,tnrong than bitoincssste

Panic selling is the worst decision of people or users of bitcoin we will made, panic selling is not the best decision to make when tha value of your coins will dump or will decrease, dont do the panic selling, just trust your coins and wait until the coin you are holding will pump or increase at very high price.

Topic: panic selling - page 22. (Read 111217 times)