Topic: panic selling - page 68. (Read 111217 times)

Quote from: pacifista on April 17, 2017, 07:59:59 AM

Theres a little panic selling thats happened this week thats why bitcoin price go down. But its not enough to make bitcoin price to go down deep. A normal strategy to make profit in a short period of time.

We should not get panic and at that stage we should try to buy as many coins as possible by taking an advantage of price dip so that it can give us an opportunity to accumulate more number of coins at lower price and sell them when price goes higher in future.

For the bitcoin, when there is panic selling and the price drop a lot, I will buy more and have made some profits since.

There is a lot of whale that just waiting for the big dump so that they can bag more of it. There is no need to panic selling if you are just a small volume order because they are many backup out there that willing to support bitcoin. Don't treat bitcoin as regular cryto currency out there that has a very volatile price.

i am hopeful that their tricks will never be successful any more as people have no become more and more mature. they are now not going to sell their bitcoin in panic selling, i am sure that they will wait for the right time and will take the right decision about their bitcoins.

Many can not make the right decision. Especially beginners. They quickly succumb to panic. And they often make this mistake and sell bitcoins at a low price

jaysabi

legendary

Activity: 2044

Merit: 1115

★777Coin.com★ Fun BTC Casino!

Panic selling has an element to irrationality to it. Market irrationality creates the opportunity for value to be realized by another investor. But irrationality works both ways. Some hedge funds made billions by determining that housing was in a bubble (bubbles are be definition irrational). Panic selling is just irrational in the opposite direction, like an inverse bubble.

bncbnc

hero member

Activity: 840

Merit: 500

Quote from: pacifista on April 17, 2017, 07:59:59 AM

Theres a little panic selling thats happened this week thats why bitcoin price go down. But its not enough to make bitcoin price to go down deep. A normal strategy to make profit in a short period of time.

We should not get panic and at that stage we should try to buy as many coins as possible by taking an advantage of price dip so that it can give us an opportunity to accumulate more number of coins at lower price and sell them when price goes higher in future.

For the bitcoin, when there is panic selling and the price drop a lot, I will buy more and have made some profits since.

There is a lot of whale that just waiting for the big dump so that they can bag more of it. There is no need to panic selling if you are just a small volume order because they are many backup out there that willing to support bitcoin. Don't treat bitcoin as regular cryto currency out there that has a very volatile price.

i am hopeful that their tricks will never be successful any more as people have no become more and more mature. they are now not going to sell their bitcoin in panic selling, i am sure that they will wait for the right time and will take the right decision about their bitcoins.

tango99

newbie

Activity: 42

Merit: 0

Quote from: abstractednerve on April 17, 2017, 12:09:01 PM

Quote from: daxiake on April 17, 2017, 10:07:55 AM

Quote from: pacifista on April 17, 2017, 07:59:59 AM

Theres a little panic selling thats happened this week thats why bitcoin price go down. But its not enough to make bitcoin price to go down deep. A normal strategy to make profit in a short period of time.

We should not get panic and at that stage we should try to buy as many coins as possible by taking an advantage of price dip so that it can give us an opportunity to accumulate more number of coins at lower price and sell them when price goes higher in future.

For the bitcoin, when there is panic selling and the price drop a lot, I will buy more and have made some profits since.

There is a lot of whale that just waiting for the big dump so that they can bag more of it. There is no need to panic selling if you are just a small volume order because they are many backup out there that willing to support bitcoin. Don't treat bitcoin as regular cryto currency out there that has a very volatile price.

Short term fluctuations should not make you worry of loosing your money as its a common practice in bitcoins so even if price starts going you should hold your coins and wait for the price to bounce back instead of getting panic and selling at lower price.

New investors will easily get panic when they will see price going down and will start selling their coins but those who are familiar with bitcoin and using it since long time will never get panic and will hold their bitcoins and wait for the price to rise again.

You are right - some newcomers very easily fall into a panic. They are not used to seeing such price fluctuations. This is the old crypto currency users already know that the difference of $ 100 for 24 hours is normal

abstractednerve

hero member

Activity: 752

Merit: 500

Bcnex - The Ultimate Blockchain Trading Platform

Quote from: daxiake on April 17, 2017, 10:07:55 AM

Quote from: pacifista on April 17, 2017, 07:59:59 AM

Theres a little panic selling thats happened this week thats why bitcoin price go down. But its not enough to make bitcoin price to go down deep. A normal strategy to make profit in a short period of time.

We should not get panic and at that stage we should try to buy as many coins as possible by taking an advantage of price dip so that it can give us an opportunity to accumulate more number of coins at lower price and sell them when price goes higher in future.

For the bitcoin, when there is panic selling and the price drop a lot, I will buy more and have made some profits since.

There is a lot of whale that just waiting for the big dump so that they can bag more of it. There is no need to panic selling if you are just a small volume order because they are many backup out there that willing to support bitcoin. Don't treat bitcoin as regular cryto currency out there that has a very volatile price.

Short term fluctuations should not make you worry of loosing your money as its a common practice in bitcoins so even if price starts going you should hold your coins and wait for the price to bounce back instead of getting panic and selling at lower price.

New investors will easily get panic when they will see price going down and will start selling their coins but those who are familiar with bitcoin and using it since long time will never get panic and will hold their bitcoins and wait for the price to rise again.

daxiake

hero member

Activity: 688

Merit: 500

Quote from: pacifista on April 17, 2017, 07:59:59 AM

Theres a little panic selling thats happened this week thats why bitcoin price go down. But its not enough to make bitcoin price to go down deep. A normal strategy to make profit in a short period of time.

We should not get panic and at that stage we should try to buy as many coins as possible by taking an advantage of price dip so that it can give us an opportunity to accumulate more number of coins at lower price and sell them when price goes higher in future.

For the bitcoin, when there is panic selling and the price drop a lot, I will buy more and have made some profits since.

There is a lot of whale that just waiting for the big dump so that they can bag more of it. There is no need to panic selling if you are just a small volume order because they are many backup out there that willing to support bitcoin. Don't treat bitcoin as regular cryto currency out there that has a very volatile price.

Short term fluctuations should not make you worry of loosing your money as its a common practice in bitcoins so even if price starts going you should hold your coins and wait for the price to bounce back instead of getting panic and selling at lower price.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: pacifista on April 17, 2017, 07:59:59 AM

Theres a little panic selling thats happened this week thats why bitcoin price go down. But its not enough to make bitcoin price to go down deep. A normal strategy to make profit in a short period of time.

I guess some of the whales wants to make some movement. It's either the current price for this week is already enough for them to make profit, because that is $1,200+ and we know that it's already good enough. And that's they did sold some but I don't think that is panic selling, because if that is panic selling we are seeing the price now back lower at $1,100.

Wandika

sr. member

Activity: 508

Merit: 250

In CryptoEnergy we trust

Quote from: pacifista on April 17, 2017, 07:59:59 AM

Theres a little panic selling thats happened this week thats why bitcoin price go down. But its not enough to make bitcoin price to go down deep. A normal strategy to make profit in a short period of time.

We should not get panic and at that stage we should try to buy as many coins as possible by taking an advantage of price dip so that it can give us an opportunity to accumulate more number of coins at lower price and sell them when price goes higher in future.

For the bitcoin, when there is panic selling and the price drop a lot, I will buy more and have made some profits since.

There is a lot of whale that just waiting for the big dump so that they can bag more of it. There is no need to panic selling if you are just a small volume order because they are many backup out there that willing to support bitcoin. Don't treat bitcoin as regular cryto currency out there that has a very volatile price.

Paritor

sr. member

Activity: 405

Merit: 250