panic selling - page 41. | Bitcointalksearch.org

twicezeroiszero

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Quote from: radjie on August 18, 2017, 09:26:08 AM

I think the panic happens to people who are in dire need of money, as we know the current btc price is $ 4000, if anyone sells their btc at current prices, it is not a panic in my opinion, because it is a regular thing

You can understand panic selling is the time most trader want take profit or withdraw their money for avoid Bitcoin before the price of it breakdown.
Then, the situation a huge order selling Bitcoin random happening by the mentality of trader in this time.

deisik

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Quote from: jaysabi on August 17, 2017, 07:23:00 PM

Quote from: deisik on May 27, 2017, 04:14:31 AM

Quote from: jaysabi on May 26, 2017, 04:26:58 PM

Quote from: just_Alice on May 26, 2017, 08:50:39 AM

Quote from: Croin on May 25, 2017, 09:11:37 PM

^ Most idiotic comment ever

Why would anyone hold stuff which will fall? Huh

?

I diasagree. He means the falling is a temporary thing, so why to sell at low price and thus making it to drop even more? Remember 2014 when people who bought at $1,200 were panic selling at $800. They should have hold their coins and now they would be in profit.

Or they could have sold them at $800 and bought back in at $200, which is what bitcoin ended up dropping to. People who were selling at $800 in 2014 were ultimately right for a long time, and had plenty of time to buy in at far lower prices. The point is nobody knows the falling price is a temporary thing. Bitcoin is not guaranteed to go back up, not now and not ever

That's why trading purely financial assets is a sort of gambling

I have explained it many times, namely, that whatever strategy you may follow, you are set to lose in the long run unless you can milk the market somehow (i.e. you are an insider, arbitrageur or exchange itself). Moreover, I also often repeat that Bitcoin as such is poor investment for long term (though it is still a nice vehicle for short term speculations) since it is too risky on a long enough timeframe

This viewpoint violates a very widely accepted concept that markets get more valuable over time. All the great wealth generated via equity holdings has come from long time horizons. Even in Bitcoin, the greatest gains have come from sitting on coins you own, not actively trading them where you open yourself to daily volatilit risk. Holding since 2012 would have made you far richer than trying to trade your coins on a daily basis (in all likelihood).

I can say that I agree with this concept in general

But it is only applicable to markets which are not (entirely) speculative. For example, if we are talking about equity (stock) markets, we deal with companies which produce real goods and offer services, i.e. create real wealth since there is real economy which is backing up these markets. What does Bitcoin produce apart from speculative value? Basically, it is a zero-sum game whichever you look at it, so it can get more valuable over time only via people pouring more money into it from outside. This is entirely different from equity markets where value is generated or created from inside the market itself, i.e. by companies whose stocks get traded. Such a market reflects this process of creating new value, but what reflects a zero-sum market?

radjie

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I think the panic happens to people who are in dire need of money, as we know the current btc price is $ 4000, if anyone sells their btc at current prices, it is not a panic in my opinion, because it is a regular thing

snowdropfore

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selling bitcoin is not a good chioce i think ,bitcoin will be more and more valuable

Youghoor

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Quote from: iMark on August 17, 2017, 07:49:49 PM

Quote from: ivanst776 on August 14, 2017, 04:46:26 PM

Quote from: NS-Soul on August 14, 2017, 10:46:35 AM

Quote from: mundang on August 14, 2017, 09:46:43 AM

I dont see any chance that there will be panic selling before this year ends. Im guessing that bitcoin will reach 5000$ or even higher. As you can see at the current price of bitcoin is at $4000 and the demand is still increasing and might reached 5000$ the next month.

There will be a panic selling who does want to have a slight profit when bitcoins dumps then to sell but if it pumps or dumps more they are going to be panic selling. This is what i observe to the bitcoins holders.

Yep, bitcoin holders do panic selling when they show some dumping. Especially the new traders get panicked and decide to give up on their coins to safe their investments. They should believe in bitcoins whether bitcoins are dumping or pumping. Bitcoins are having potential of creating new rich people.

I think to invest in bitcoin not only requires patience to wait for the price to go up. But it takes full trust in bitcoin so when the price is dump. They will not panic and still believe in bitcoin that the price will definitely go back up. But most users do not have full trust in bitcoin. So they panic when prices go down and sell their bitcoin for fear of losing more lol

That is probably the most fair answer, bitcoin is always going up, so it doesnt matter if the price goes back to $2k or $3k again, it will go up again as it always did, you people might look at the charts if you do not believe this.

chichigirl

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I also believe that there will be no panic selling of bitcoin since bitcoin's price right now is doing well.

Quote from: mundang on August 14, 2017, 09:46:43 AM

I dont see any chance that there will be panic selling before this year ends. Im guessing that bitcoin will reach 5000$ or even higher. As you can see at the current price of bitcoin is at $4000 and the demand is still increasing and might reached 5000$ the next month.

bentong talong

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Quote from: pearl11 on June 01, 2016, 07:56:59 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,?

It will surely affect Bitcoin's price , especially if many people will do the same thing. And if that happen,continuous dumps will take place. But I doubt if it will last for a long, I think, there are more holders than sellers, which means there are only few people who will sell their Bitcoin in that sutuation. That will make the effect temporary.

Saichoukyushin

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Quote from: iMark on August 17, 2017, 07:49:49 PM

Quote from: ivanst776 on August 14, 2017, 04:46:26 PM

Quote from: NS-Soul on August 14, 2017, 10:46:35 AM

Quote from: mundang on August 14, 2017, 09:46:43 AM

I dont see any chance that there will be panic selling before this year ends. Im guessing that bitcoin will reach 5000$ or even higher. As you can see at the current price of bitcoin is at $4000 and the demand is still increasing and might reached 5000$ the next month.

There will be a panic selling who does want to have a slight profit when bitcoins dumps then to sell but if it pumps or dumps more they are going to be panic selling. This is what i observe to the bitcoins holders.

Yep, bitcoin holders do panic selling when they show some dumping. Especially the new traders get panicked and decide to give up on their coins to safe their investments. They should believe in bitcoins whether bitcoins are dumping or pumping. Bitcoins are having potential of creating new rich people.

I think to invest in bitcoin not only requires patience to wait for the price to go up. But it takes full trust in bitcoin so when the price is dump. They will not panic and still believe in bitcoin that the price will definitely go back up. But most users do not have full trust in bitcoin. So they panic when prices go down and sell their bitcoin for fear of losing more lol

Patience and good knowledge to overcome this situation or even ignore this becauae you already know whats going to happen if the price dump or you can take that chance to buy more bitcoins in cheap price something like that. What others don't know and in this simple dumps that creates a panic to them because they dont have enough believe in their mind in bitcoins.

RedditMaster

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Panic selling will start soon when this bubble crashes going to be a bloodbath. Shocked

iMark

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Quote from: ivanst776 on August 14, 2017, 04:46:26 PM

Quote from: NS-Soul on August 14, 2017, 10:46:35 AM

Quote from: mundang on August 14, 2017, 09:46:43 AM

I dont see any chance that there will be panic selling before this year ends. Im guessing that bitcoin will reach 5000$ or even higher. As you can see at the current price of bitcoin is at $4000 and the demand is still increasing and might reached 5000$ the next month.

There will be a panic selling who does want to have a slight profit when bitcoins dumps then to sell but if it pumps or dumps more they are going to be panic selling. This is what i observe to the bitcoins holders.

Yep, bitcoin holders do panic selling when they show some dumping. Especially the new traders get panicked and decide to give up on their coins to safe their investments. They should believe in bitcoins whether bitcoins are dumping or pumping. Bitcoins are having potential of creating new rich people.

I think to invest in bitcoin not only requires patience to wait for the price to go up. But it takes full trust in bitcoin so when the price is dump. They will not panic and still believe in bitcoin that the price will definitely go back up. But most users do not have full trust in bitcoin. So they panic when prices go down and sell their bitcoin for fear of losing more lol

marcuslong

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Quote from: setupbounds on August 17, 2017, 01:53:58 PM

Quote from: TrumpD on August 16, 2017, 12:26:40 PM

Panic selling is part and parcel of cryptotrading and investment. Wait until the correction starts, it will be fun reading about how bitcoin is dying and "now" is the time to sell or die. I hope people don't throw themselves from high rise buildings.

LOL! What is this? I think you are the victim of panic selling and are out of words to express your feelings. If you are one of those, then I will suggest you not to take anything on heart. Learn from your mistakes and try to be patient with your worthy coins. Good luck!

It is true those people who actually sell their coins are not actually a fool where we dont really know the reason behind their sellings. And then if they do need money im preferred to sell my coins to than losing my profit once the fall is coming patient is always there ofcoursw from tradings and other things

jaysabi

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Quote from: panju1 on August 13, 2017, 01:37:59 AM

Quote from: matanglawin on August 12, 2017, 07:28:49 PM

Quote from: pearl11 on June 01, 2016, 07:56:59 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,?

It will somehow affect the demand IF there'll more to do the same. Demand is important to Bitcoin because Bitcoin's value depends on its market's demand. And if the demand is low , the price will dump. But in that case, I'm sure no one will do the same thing. Or it won't be tolerated by others, especially those who invested a huge amount of money.

Ha ha... If people were thinking about selling after the rally in June, I wonder what they will do now. Profit booking is one thing, in this rally everybody is massively in the green. People who bought at $3000 have made 30%+ profits. Grin

In the world of Bitcoin, this stretch of upward momentum is quite unprecedented when taking into account the amount of overall dollars this price appreciation represents. I rather suspect that downward pressure for any length of time will cause all manner of doomsday prognosticators to start telling us all how smart they were to predict it.

Lancelot04

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Well, many of us hold the Bitcoins. It's kinda impossible that'll happen. If someone sees anything that is Huge on selling, many of them would just ignore it and keep on Holding.

jaysabi

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Quote from: deisik on May 27, 2017, 04:14:31 AM

Quote from: jaysabi on May 26, 2017, 04:26:58 PM

Quote from: just_Alice on May 26, 2017, 08:50:39 AM

Quote from: Croin on May 25, 2017, 09:11:37 PM

^ Most idiotic comment ever

Why would anyone hold stuff which will fall? Huh

?

I diasagree. He means the falling is a temporary thing, so why to sell at low price and thus making it to drop even more? Remember 2014 when people who bought at $1,200 were panic selling at $800. They should have hold their coins and now they would be in profit.

Or they could have sold them at $800 and bought back in at $200, which is what bitcoin ended up dropping to. People who were selling at $800 in 2014 were ultimately right for a long time, and had plenty of time to buy in at far lower prices. The point is nobody knows the falling price is a temporary thing. Bitcoin is not guaranteed to go back up, not now and not ever

That's why trading purely financial assets is a sort of gambling

I have explained it many times, namely, that whatever strategy you may follow, you are set to lose in the long run unless you can milk the market somehow (i.e. you are an insider, arbitrageur or exchange itself). Moreover, I also often repeat that Bitcoin as such is poor investment for long term (though it is still a nice vehicle for short term speculations) since it is too risky on a long enough timeframe

This viewpoint violates a very widely accepted concept that markets get more valuable over time. All the great wealth generated via equity holdings has come from long time horizons. Even in Bitcoin, the greatest gains have come from sitting on coins you own, not actively trading them where you open yourself to daily volatilit risk. Holding since 2012 would have made you far richer than trying to trade your coins on a daily basis (in all likelihood).

sapnu

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Quote from: pearl11 on June 01, 2016, 07:56:59 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,?

Ofcourse it will surely affect Bitcoin, negatively. But I highly doubt that the negative effect would last for a long period of time. If the dump takes place, investors and miners won't surely allow it to happen for a long period of time. And for sure, most of the people here in Bitcoin community won't do the same, because there are more holders than sellers.

setupbounds

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Quote from: TrumpD on August 16, 2017, 12:26:40 PM

Panic selling is part and parcel of cryptotrading and investment. Wait until the correction starts, it will be fun reading about how bitcoin is dying and "now" is the time to sell or die. I hope people don't throw themselves from high rise buildings.

LOL! What is this? I think you are the victim of panic selling and are out of words to express your feelings. If you are one of those, then I will suggest you not to take anything on heart. Learn from your mistakes and try to be patient with your worthy coins. Good luck!

aishyoo17

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Quote from: no0dlepunk on August 16, 2017, 12:35:10 PM

Quote from: sbtctalk on June 01, 2016, 08:03:54 AM

You can trust the Chinese in China to continue buying up the coins and driving up demand.

Yes homie! every time there is a dump I am seeing a huge support. I guess when Americans are taking profits, the Asians are catching that dump. I love it that way, dude... it seems like the Americans doesn't really care how much the entry price is, they are looking at it as a short term investment (i guess).

Whenever someone is dumping we should expect that someone is waiting for that dump and those are the only wise people who does that and I guess you are correct Asians especially Chinese are trying to hoard bitcoin.

no0dlepunk

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Quote from: sbtctalk on June 01, 2016, 08:03:54 AM

You can trust the Chinese in China to continue buying up the coins and driving up demand.

Yes homie! every time there is a dump I am seeing a huge support. I guess when Americans are taking profits, the Asians are catching that dump. I love it that way, dude... it seems like the Americans doesn't really care how much the entry price is, they are looking at it as a short term investment (i guess).

TrumpD

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Panic selling is part and parcel of cryptotrading and investment. Wait until the correction starts, it will be fun reading about how bitcoin is dying and "now" is the time to sell or die. I hope people don't throw themselves from high rise buildings.

Fatunad

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Quote from: dobladi on August 16, 2017, 10:13:25 AM

Quote from: pearl11 on June 01, 2016, 07:56:59 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,?

Yes it will have an effect to Bitcoin but for sure, it will only be temporary. Negatively, the price of Bitcoin will decrease if it will happen, and if many people will do the same thing. But it won't be permanent. There are more people who invests in Bitcoin and surely, they'll maje a move to stop the problem.

The cycle would just continue as it was on which if the price dumps those people who earn profits on selling their coins are buying back and at the same time those people who are holding they will surely buy cheaper coins on which it would make the price again to rise up as simple as that. Panic selling would only happen if theres fuds or news related to bitcoin on which weak hands would really be affected and would definitely sold up their coins in no time.

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