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Topic: panic selling - page 59. (Read 111217 times)

sr. member
Activity: 840
Merit: 250
www.guestcrew.com
May 07, 2017, 11:00:35 AM
We doesn't seems need to panic selling why? Because why would you sell it if you will lose? Then HODL for it and be patience you will see it if you panic sell and the alts that panic sell is pump much more high. Then you should think of it why i sell it? I just want to say AIM FOR THE HIGH
If you need it quickly , you're okay to sell it right now because the price is really high this day. But, if you not you can keep it for a month till get the best price and make sure you don't get panic if the price were dumped.
hero member
Activity: 994
Merit: 515
Get'em boys
May 07, 2017, 10:38:29 AM
It's fine if they are going to sell only if they really need some extra cash for their own purpose but don't ever try to sell all the bitcoin that you had.

they will never stop its all part of trading, but there is a possibility of the habit minimizing should prices of bitcoin surge further making it expensive
to own a bitcoin should you choose to sell what you already have.

I really hate panic selling, there's no unity between the users and traders, when this panic selling will be stopped for sure we are going to see the price to fly up to the moon.

To be frank panic selling is usually among the small traders who do it for some pocket money not the whales who are the real price movers

sr. member
Activity: 364
Merit: 250
May 07, 2017, 10:30:30 AM
I wouldn't suggest anyone to sell any Bitcoins right now since the price of Bitcoin is going up. Since I like to watch the Altcoins go up in value when the price of Bitcoin goes up, there is a large chance that people could make more Bitcoins from participating in the price uptrend.

The only thing that I don't like about people panic selling is that they usually complain when the price of Bitcoin gets really expensive and they can't purchase Bitcoin cheaply.

It's fine if they are going to sell only if they really need some extra cash for their own purpose but don't ever try to sell all the bitcoin that you had. I really hate panic selling, there's no unity between the users and traders, when this panic selling will be stopped for sure we are going to see the price to fly up to the moon.
We doesn't seems need to panic selling why? Because why would you sell it if you will lose? Then HODL for it and be patience you will see it if you panic sell and the alts that panic sell is pump much more high. Then you should think of it why i sell it? I just want to say AIM FOR THE HIGH
legendary
Activity: 910
Merit: 1000
May 07, 2017, 10:29:15 AM
It's the thrill of the game!
Panic selling is part of that game. Usually from people that try to become rich very fast. Or the "new" players that are making their first steps in the world of crypto exchange game.
There is one golden rule: Do NOT invest more than you can afford to lose. There is always the chance to lose everything, especially when the price is going down (many times in the past, more times in the future). Remember that when you sell cheap there are always some others that buy cheaper.
hero member
Activity: 3080
Merit: 603
May 07, 2017, 09:47:27 AM
I wouldn't suggest anyone to sell any Bitcoins right now since the price of Bitcoin is going up. Since I like to watch the Altcoins go up in value when the price of Bitcoin goes up, there is a large chance that people could make more Bitcoins from participating in the price uptrend.

The only thing that I don't like about people panic selling is that they usually complain when the price of Bitcoin gets really expensive and they can't purchase Bitcoin cheaply.

It's fine if they are going to sell only if they really need some extra cash for their own purpose but don't ever try to sell all the bitcoin that you had. I really hate panic selling, there's no unity between the users and traders, when this panic selling will be stopped for sure we are going to see the price to fly up to the moon.
legendary
Activity: 1176
Merit: 1001
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May 07, 2017, 09:43:12 AM
Panic selling do only happens commonly when price of bitcoin sudden dips down again and for those newbie holder do panic sell in able to cut loss but in reality they lose always on negative thats why theres no point on panic selling.Instead of doing it better to hold it off than to sell just to cut loses,knowing bitcoin it do really drops it price but still it recovers.
I think not just at the price down course, panic selling happens. But when prices go up high though. Most users will panic selling so they can get a big profit

But they should not do such thing because thinking off on the price of bitcoin,it may crash anytime but still it do recover after that situation which means we do have still chance to earn profits but expected to wait a little bit more months or days depending on how the market moves because its really better to wait than to let your money to be reduced of because of cutting loses.
I wouldn't suggest anyone to sell any Bitcoins right now since the price of Bitcoin is going up. Since I like to watch the Altcoins go up in value when the price of Bitcoin goes up, there is a large chance that people could make more Bitcoins from participating in the price uptrend.

The only thing that I don't like about people panic selling is that they usually complain when the price of Bitcoin gets really expensive and they can't purchase Bitcoin cheaply.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
May 07, 2017, 07:54:54 AM
Panic selling do only happens commonly when price of bitcoin sudden dips down again and for those newbie holder do panic sell in able to cut loss but in reality they lose always on negative thats why theres no point on panic selling.Instead of doing it better to hold it off than to sell just to cut loses,knowing bitcoin it do really drops it price but still it recovers.
I think not just at the price down course, panic selling happens. But when prices go up high though. Most users will panic selling so they can get a big profit

But they should not do such thing because thinking off on the price of bitcoin,it may crash anytime but still it do recover after that situation which means we do have still chance to earn profits but expected to wait a little bit more months or days depending on how the market moves because its really better to wait than to let your money to be reduced of because of cutting loses.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
May 07, 2017, 05:57:50 AM
You need a strong heart. Prices go up and down like a rollercoaster, there is a strong upward trend for bitcoin
You need to be smart and must have a strong heart, they both should work together because it's useless to be strong in resisting to sell when you have no idea what you are doing, panic selling will only happen to weak holders because they are under pressure that the price may not pick up.
Well, for us who have seen many instances like the pump and dump, it is already a normal situation for us and we will not panic of course.
sr. member
Activity: 490
Merit: 251
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May 07, 2017, 03:41:52 AM
You need a strong heart. Prices go up and down like a rollercoaster, there is a strong upward trend for bitcoin
sr. member
Activity: 882
Merit: 403
May 07, 2017, 12:54:17 AM
As for my own analogy only weak people would take losses, If you are strong enough why would you worry if the price dumps? Hold it and wait for the right time and don't sell it until you wont earn profit, as simple as that.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
May 06, 2017, 11:52:23 PM
I hope that this pump will happen for a longer time. And I hope also that those whales aren't going to start the selling so that panic sellers will not do the same. The movement of bitcoin's price right is very calm and it's in the favor to all of us if this is going to continue then everyone that is holding for a longer time will be happy.

i know this is just not a temporary pump.
as you can read the news, there are so many good news happening basically on the ETF, the big company and investors that are planning to invest on bitcoin. that is why we need to collect more bitcoin and hold it tight.

It is what I'm believing too. And if you will check the price of bitcoin right now. It looks like it will be stable and it's new floor price will be ranging from $1,400 - $1,500+ and it will become higher if the ETF will have a positive result. But I'm also expecting that there would be some dumping by the panic sellers although it's not going to have a big impact.

The price has been more stable in the last couple of weeks or so. Well dumping is inevitable, but I think the price will not be hit hard if ever there is one. Maybe just a hundred dollars below but it will not go down under $1000. If ETF is approved(which I doubt) then bitcoin will again sky rocketed its price. But that remains to be seen as the review and the subsequent result is not yet public.

We are not just noticing that there's some panic selling or dumping that's happening right now, why? Because the price is still too high for us and it really doesn't affect us though every pump and dump really matters for us who are holding bitcoins. ETF will be a good boost for the price of bitcoin but well we don't have to hope for it, if that will be approved then let's be thankful but if won't, there's nothing new.
but i am not expecting any panic selling even in future, because now people have become more mature and they will never like to sell their bitcoin in panic selling, hope that they will hold their bitcoin and will give good support to the price of bitcoin in time of panic selling.
It is just your thought right now because everything is going to be okay but soon if the whales or big investors get into selling mode then the weak people will follow also to secure their profit because we can't deny that there is a lot of people now keep holding their bitcoins that they bought from a very cheap price but they didn't want to sell or secure the profits because they want more but if the panic selling occurs then it will be a worse than you think.
legendary
Activity: 1120
Merit: 1000
May 06, 2017, 06:27:56 PM
I hope that this pump will happen for a longer time. And I hope also that those whales aren't going to start the selling so that panic sellers will not do the same. The movement of bitcoin's price right is very calm and it's in the favor to all of us if this is going to continue then everyone that is holding for a longer time will be happy.

i know this is just not a temporary pump.
as you can read the news, there are so many good news happening basically on the ETF, the big company and investors that are planning to invest on bitcoin. that is why we need to collect more bitcoin and hold it tight.

It is what I'm believing too. And if you will check the price of bitcoin right now. It looks like it will be stable and it's new floor price will be ranging from $1,400 - $1,500+ and it will become higher if the ETF will have a positive result. But I'm also expecting that there would be some dumping by the panic sellers although it's not going to have a big impact.

The price has been more stable in the last couple of weeks or so. Well dumping is inevitable, but I think the price will not be hit hard if ever there is one. Maybe just a hundred dollars below but it will not go down under $1000. If ETF is approved(which I doubt) then bitcoin will again sky rocketed its price. But that remains to be seen as the review and the subsequent result is not yet public.

We are not just noticing that there's some panic selling or dumping that's happening right now, why? Because the price is still too high for us and it really doesn't affect us though every pump and dump really matters for us who are holding bitcoins. ETF will be a good boost for the price of bitcoin but well we don't have to hope for it, if that will be approved then let's be thankful but if won't, there's nothing new.
but i am not expecting any panic selling even in future, because now people have become more mature and they will never like to sell their bitcoin in panic selling, hope that they will hold their bitcoin and will give good support to the price of bitcoin in time of panic selling.
sr. member
Activity: 378
Merit: 250
May 06, 2017, 05:45:24 PM
I had thinked the price at 1300 would come with anothe dump over bitcoin, and well since those bitcoin still flying away, even with a lot problems into it, its amazing to be present and able to follow bitcoin these days. Panic selling might come but well enjoy the ride while it last.
i think most of the people were thinking that bitcoin has to face strong barrier at that stage but we can see that bitcoin price has crossed the 1500 USD level and sill the price of bitcoin is increasing and now people are expecting that the price of bitcoin will cross 2000 USD level at the end of2017 while some people are thinking that the price of bitcoin certainly going to cross 2500 USD level.
sr. member
Activity: 448
Merit: 250
May 06, 2017, 05:02:40 PM
If it's a massive sum like a 1BTCM then maybe yes, it could cause a drop, which would cause a chain reaction. However, I wouldn't worry about that. We have more to worry from the Chinese government releasing stuff into the media, causing people to panic.

But then again, if they all started to sell, the cheaper it gets. Their loss, our gain.
Those days are long gone,the Chinese government cannot put pressure on the price of bitcoin any more as you can see that the majority of volume is not from China and so these sort of follow up news wont see a huge dump in the price of bitcoin as we used to see in the past. People usually panics when they hear any bad news ,it is natural but if you are a trader you must consider the long term aspects too.
sr. member
Activity: 1190
Merit: 253
May 06, 2017, 04:50:34 PM
the price riser more,the Chinese buyer more,it's a very strange behavior,not any rational consider
but some one still earn some money and the others lose a lots of their money

It is not a strange behavior, it is actually normal in trading world, if there is panic selling, the counterpart of it is panic buying due to FOMO (fear of missing out)



Some huge dumps are orchestrated by whales or group of people who wanted to crash bitcoin price for their own profitability.  They spread FUD, make a fake dump and these people who have weak faith or knowledge about Bitcoin will certainly  shaken and will sell their holdings in an instant.
sr. member
Activity: 994
Merit: 302
May 06, 2017, 04:27:15 PM
If it's a massive sum like a 1BTCM then maybe yes, it could cause a drop, which would cause a chain reaction. However, I wouldn't worry about that. We have more to worry from the Chinese government releasing stuff into the media, causing people to panic.

But then again, if they all started to sell, the cheaper it gets. Their loss, our gain.
Yep there is nothing to worry about because the price of bitcoin is getting stabled and if the price drops then we should not be in panic because we will just loss if we choose to join the panic selling and that will cut the possibility for us to earn a lot of money in the future because we already sell our bitcoins. It will never be our loss until we sell our bitcoin.

Yup, I've seen charts and even during steep plunges, the price recover and then exceed the last peak price. Now my only problem is how to take advantage of those plunges. I don't always have cash at hand so it would be nice if it's possible to convert my bitcoins in an exchange to fiat, and then use it to buy more btc when it does plunge.
hero member
Activity: 490
Merit: 500
May 06, 2017, 06:24:02 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,?
Its a technique usually used by big whales and chinese gamblers to make bitcoin price drop and buy it at cheaper price.It worked for them very well when more people were unaware of bitcoin's potential.but now situation has changed and more people all over the world have realized about bitcoin's potential.Only newbies who are new to trading become victims of such situations and get panic and sell their bitcoins immediately.
full member
Activity: 165
Merit: 100
May 06, 2017, 05:07:58 AM
the price riser more,the Chinese buyer more,it's a very strange behavior,not any rational consider
but some one still earn some money and the others lose a lots of their money
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
May 06, 2017, 04:38:59 AM
I hope that this pump will happen for a longer time. And I hope also that those whales aren't going to start the selling so that panic sellers will not do the same. The movement of bitcoin's price right is very calm and it's in the favor to all of us if this is going to continue then everyone that is holding for a longer time will be happy.

i know this is just not a temporary pump.
as you can read the news, there are so many good news happening basically on the ETF, the big company and investors that are planning to invest on bitcoin. that is why we need to collect more bitcoin and hold it tight.

It is what I'm believing too. And if you will check the price of bitcoin right now. It looks like it will be stable and it's new floor price will be ranging from $1,400 - $1,500+ and it will become higher if the ETF will have a positive result. But I'm also expecting that there would be some dumping by the panic sellers although it's not going to have a big impact.

The price has been more stable in the last couple of weeks or so. Well dumping is inevitable, but I think the price will not be hit hard if ever there is one. Maybe just a hundred dollars below but it will not go down under $1000. If ETF is approved(which I doubt) then bitcoin will again sky rocketed its price. But that remains to be seen as the review and the subsequent result is not yet public.

We are not just noticing that there's some panic selling or dumping that's happening right now, why? Because the price is still too high for us and it really doesn't affect us though every pump and dump really matters for us who are holding bitcoins. ETF will be a good boost for the price of bitcoin but well we don't have to hope for it, if that will be approved then let's be thankful but if won't, there's nothing new.
sr. member
Activity: 272
Merit: 250
May 05, 2017, 11:05:29 PM
Panic selling do only happens commonly when price of bitcoin sudden dips down again and for those newbie holder do panic sell in able to cut loss but in reality they lose always on negative thats why theres no point on panic selling.Instead of doing it better to hold it off than to sell just to cut loses,knowing bitcoin it do really drops it price but still it recovers.
Yeah most people panic selling when they see the prices are falling so fast that users experience fear to get bigger losses, so they do cut loss
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