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Topic: panic selling - page 50. (Read 111217 times)

sr. member
Activity: 644
Merit: 250
May 28, 2017, 06:44:55 AM
I feel that this is two days ago where bitcoin had an unreasonable increase and then experienced a very sharp decline. I was panicked because I bought at a high price, but bitcoin instead ran in the opposite direction. But I do not sell everything, mostly I still hope bitcoin will rise again.

Good thing that you didn't brought up by your feeling. Because if you bought bitcoin at higher price, what's the sense of selling it at lower price? You are trading and the one that will stay in the end will be the strongest. There are a lot of beautiful news that bitcoin is now ready to increase again and now with $3k.
Generally people who don't have faith in bitcoin who do panic selling. Bitcoin being volatile asset will go up and down a lot. So if it goes down once, that never means it will never recover. Bitcoin at present is the best cryptocurrency. People know about it and people are investing. Due to drop in the price, there was an increase in investment activity. This sure takes bitcoin price up. So, people should have faith in bitcoin instead of doing panic selling.
hero member
Activity: 3080
Merit: 603
May 28, 2017, 06:14:07 AM
I feel that this is two days ago where bitcoin had an unreasonable increase and then experienced a very sharp decline. I was panicked because I bought at a high price, but bitcoin instead ran in the opposite direction. But I do not sell everything, mostly I still hope bitcoin will rise again.

Good thing that you didn't brought up by your feeling. Because if you bought bitcoin at higher price, what's the sense of selling it at lower price? You are trading and the one that will stay in the end will be the strongest. There are a lot of beautiful news that bitcoin is now ready to increase again and now with $3k.
hero member
Activity: 1274
Merit: 622
May 28, 2017, 04:34:49 AM
Selling will be now not the best thing that you can do and that is because the value is not even that high now and that have to change because the value of Bitcoin is now rising slowly.
And many people are now holding it for a long time because they see that the value of the Bitcoin is rising slowly and that the halving is also coming.
True, many community now in bitcoin world are holding their coins so far, actually this time the flow of trading in the exchange market
are doing good and many altcoins are also helping me because they are now increasing the value.

One should not be deceived by the fact that some altcoins are now increasing the value. The increase should be compared to the bitcoin increase, and increase in USD doesn't mean this coin is good for investment, because if BTC increases more then you'd better invested in BTC, right? If a coin increases in BTC, that's a real increasing, like Ethereum lately, for example.
hero member
Activity: 1022
Merit: 500
May 28, 2017, 03:20:27 AM
Selling will be now not the best thing that you can do and that is because the value is not even that high now and that have to change because the value of Bitcoin is now rising slowly.
And many people are now holding it for a long time because they see that the value of the Bitcoin is rising slowly and that the halving is also coming.
True, many community now in bitcoin world are holding their coins so far, actually this time the flow of trading in the exchange market
are doing good and many altcoins are also helping me because they are now increasing the value.
sr. member
Activity: 1288
Merit: 253
May 28, 2017, 02:48:58 AM
I feel that this is two days ago where bitcoin had an unreasonable increase and then experienced a very sharp decline. I was panicked because I bought at a high price, but bitcoin instead ran in the opposite direction. But I do not sell everything, mostly I still hope bitcoin will rise again.
sr. member
Activity: 630
Merit: 250
May 28, 2017, 01:22:50 AM
A whole lot of people have done this in the past and have regretted it today. Except for newbies, I don't expect someone who already understands the system to just rush to sell their bitcoin as a result of panic. In one of the topics on this forum, the worst regret of people is selling their bitcoin when the price was dropping and now, they wish they didn't. I don't really see panic selling happening that much, but such happenings will definitely affect the price of bitcoin to drop but all the same,  the cycle continues (hand to hand).
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
May 28, 2017, 01:15:42 AM
Panic selling are only done by profit takers, if they already seen that they get profit even if its too small they will sell thier bitcoins, profit takers are the traders sometimes.
That is the cycle of the market if there is dumpers then they are profit takers and the one who are catching the dumps are the future profit takers but not all the times, profit takers are the dumpers or panic sellers because most of them are newbie of trading and they are just got hyped and they want to get out from the loss but overall, panic selling is not applicable for good coins because they are more like long term investment.
hero member
Activity: 812
Merit: 500
May 28, 2017, 12:40:29 AM
Panic selling are only done by profit takers, if they already seen that they get profit even if its too small they will sell thier bitcoins, profit takers are the traders sometimes.
hero member
Activity: 1540
Merit: 507
May 28, 2017, 12:26:45 AM
I think theres a lot of users do panic selling that is why bitcoin value non stop to increase due to increase of demand. But this is good for those investor who put lot of capital and keep it for a long period of time and not make any panic selling.
That's right, but looks buy on dip was a right decision yesterday. My guess a lot of the new traders get fooled by the whale.
this retweet will proves it
https://twitter.com/whalepool/status/868427802026156036

We are already taken a lot of profit from buy in the dip.
hero member
Activity: 714
Merit: 531
May 27, 2017, 11:40:02 PM
I think theres a lot of users do panic selling that is why bitcoin value non stop to increase due to increase of demand. But this is good for those investor who put lot of capital and keep it for a long period of time and not make any panic selling.
hero member
Activity: 1274
Merit: 513
May 27, 2017, 05:27:46 PM
There was is a thread where someone is saying that these is a big crash coming very soon to bitcoins, this speculation is sure to cause panic and make lots of people sell even though the person had no proof low lp to back up his claims questions
Thats thread is common or similar I see many topic that bitcoin die  , bitcoins big dump or crash. Yes that is possible to happen because everything is possible but I dont think the bitcoin price will big crash down because if the price down many investor for sure want to invest in bitcoin  and this coin will recover again . And I believe after halving the price will become double. Dont panic just hold your bitcoin and you will be hapoy for the result because you earn a lot of profit.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
May 27, 2017, 04:55:57 PM
I saw some panic selling with this recent correction. Like every time in similar situations like thi some Bitcoin users realy start to panic and think they will lose their all their funds if they don't sell. I hardly convinced some of them not to do something they could regrett very soon and that they have to wait for a while for price to get on the way up again.

What  can you say? It's a very normal movement that after those whales cashed out, the small ones will follow. They are scared of losing more profit but as I observed with the movement of bitcoin's price this is very normal. After this dumping incident, we will see the price of bitcoin will soon increase again.
sr. member
Activity: 272
Merit: 250
May 27, 2017, 04:52:12 PM
Selling will be now not the best thing that you can do and that is because the value is not even that high now and that have to change because the value of Bitcoin is now rising slowly.
And many people are now holding it for a long time because they see that the value of the Bitcoin is rising slowly and that the halving is also coming.
Exactly, its better to hold your bitcoin right now than to sell it. The fact that bitcoin price is continuously increasing, you can get some profit when you hold it. Panic selling is not a good idea because if the price of bitcoin fall instead of getting a profit you'll lose some of it.
I was very surprised to see the price of bitcoin rising very high. Reached $ 2500 more. I'm confused to sell or hold it. Is this really confusing me?
sr. member
Activity: 259
Merit: 250
May 27, 2017, 04:31:07 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,?


Do not ever feel panic in the trade because it will be fatal consequence will be a loss for you, it's just a matter of time there are times when there is also a price rise going down all depends on market demand

Many panic because they consider bitcoin a bubble. Therefore, every fall in price they take as if it were the death of bitcoin. This is often done by inexperienced people who recently in the bitcoin community
sr. member
Activity: 252
Merit: 250
May 27, 2017, 04:27:15 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,?


Do not ever feel panic in the trade because it will be fatal consequence will be a loss for you, it's just a matter of time there are times when there is also a price rise going down all depends on market demand
legendary
Activity: 2912
Merit: 1068
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May 27, 2017, 01:15:06 PM
I saw some panic selling with this recent correction. Like every time in similar situations like thi some Bitcoin users realy start to panic and think they will lose their all their funds if they don't sell. I hardly convinced some of them not to do something they could regrett very soon and that they have to wait for a while for price to get on the way up again.
legendary
Activity: 3514
Merit: 1280
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May 27, 2017, 01:05:24 PM
Don't be ridiculous. Nobody cares what a few people who hold less than five bitcoin say about upcoming market moves. It was CLEAR AS DAY that this price wouldn't last. $2000 was absurd, and will be wiped out. $2700 was a joke, and anyone who didn't clear out their holdings at the top there missed a once in a lifetime chance with this bitcoin thing. There is nothing of value to keep bitcoin high. If something is coming along to replace fiat currency, or be the backbone of an international payment system, it won't be run by hobbyists and gamblers

Yeah, we all know that

That the Ark was built (and run) by a hobbyist while Titanic was built by professionals, though some say that she was just unlucky with the officer on watch (anyway, he should have been a professional sailor, so she was still run by professionals). A student created Linux while Microsoft® created Windows™ (I hope we are all familiar what's come out of that). I don't know about gamblers, but you may certainly want to rethink your attitude toward hobbyists
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
May 27, 2017, 10:58:36 AM
i see on the market not take too long to make traders panic selling and i think its only take less than 6 hours the bitcoin price is going down until now. the price is moving so fast from $25xx and its going into $22xx so fast and finally reach $20xx and after that the price is moving into deep until reach $19xx. the panic selling is happen in every market and affect with bitcoin price that suddenly flying down.
hero member
Activity: 2548
Merit: 950
fly or die
May 27, 2017, 10:52:58 AM
I was barbecuing with family Wednesday and was excited with the crazy upswing of BTC. 2 of my cousins started talking about buying some, I said that the price was insane and volatility bonkers, I hope I convinced them !
legendary
Activity: 1708
Merit: 1006
May 27, 2017, 10:33:09 AM
There was is a thread where someone is saying that these is a big crash coming very soon to bitcoins, this speculation is sure to cause panic and make lots of people sell even though the person had no proof low lp to back up his claims questions
That speculation is just a speculation if ever for some reason his prediction was somewhat correct, its just a coinsidence. Nobody can exactly predict the movement of Bitcoin, but one thing is certain, anything that goes up, can go down, price is not always upward and we should get used to it.
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