Topic: panic selling - page 72. (Read 111179 times)
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,?
Of course, there is tendency like that. But you can't predict if people will sell with you if you dump large amount or trend will go up. Ignoring fact that you sold many many bitcoins at once. Its like gambling, you can win you can lose but in long term you will lose.
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 there's effect maybe some of hoders sell threir bitcoin and some make a panic selling. But i think some are holding their bitcoin because they know once bitcoin down the price thet will pump it again.Smart people will take advantage of that situation by buying more coins and holding their existing coins without selling them as they very well know that if price has gone down it will surely rise once again in future.
The best traders and investors make the most of their money by being contrarians. its only in situations when a few are right and most are wrong that generate the most profit. Think of it as a pie: if there are more people, then your share of the pie is smaller. if there are less, your share of the pie becomes much larger
As to me, that's mostly bullshit
Though I agree that most profits are generated when only a few are right while the rest of the pack is wrong. But this has nothing to do with being contrarian. Best traders are earning irrespective of whether the mob is right or wrong. Otherwise, you could just make trades opposite to what the majority does, but in practice that would only mean that you will lose in some other way than the rest of trading folk. You should always remember that by going against crowd you still submit to it
In this case if someone or a member of a cryptocurrency perform or do a panoc selling of bitcoin without a valid reason this might effect the own going process or progress of bitcoin cause it will easily spread out to all members about the activity of panic selling that might trigger to every possible member to do the same without no valid reason at all and that would be a problem.
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,?
Of course, there is tendency like that. But you can't predict if people will sell with you if you dump large amount or trend will go up. Ignoring fact that you sold many many bitcoins at once. Its like gambling, you can win you can lose but in long term you will lose.
People love to trade but there are a big volume of dumb money which will only give the whales getting richer.
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,?
Of course, there is tendency like that. But you can't predict if people will sell with you if you dump large amount or trend will go up. Ignoring fact that you sold many many bitcoins at once. Its like gambling, you can win you can lose but in long term you will lose.
Yes this is possible of dumping of huge bitcoin. This is done by the big whales, those investors who holds huge amount of bitcoin is an exchanges. Those entity have "influence" or cause some movement of price of bitcoin, like the sample you have mentioned above. Newbies will follow this because they would think that the price is going down, without thinking they will loss on their side if they do it.
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 there's effect maybe some of hoders sell threir bitcoin and some make a panic selling. But i think some are holding their bitcoin because they know once bitcoin down the price thet will pump it again.Smart people will take advantage of that situation by buying more coins and holding their existing coins without selling them as they very well know that if price has gone down it will surely rise once again in future.
The best traders and investors make the most of their money by being contrarians. its only in situations when a few are right and most are wrong that generate the most profit. Think of it as a pie: if there are more people, then your share of the pie is smaller. if there are less, your share of the pie becomes much larger
You have a point but you can't apply it to everthing. There are times when the majority of public opinions have predicted right and that also goes
from the opinions of the few. There is no method to guarantee your success in this kind of industry but there are more factors that should help you
determine the best option you have. Maybe the panic sellers didn't consider those factors.
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,?
Of course, there is tendency like that. But you can't predict if people will sell with you if you dump large amount or trend will go up. Ignoring fact that you sold many many bitcoins at once. Its like gambling, you can win you can lose but in long term you will lose.
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 there's effect maybe some of hoders sell threir bitcoin and some make a panic selling. But i think some are holding their bitcoin because they know once bitcoin down the price thet will pump it again.Smart people will take advantage of that situation by buying more coins and holding their existing coins without selling them as they very well know that if price has gone down it will surely rise once again in future.
The best traders and investors make the most of their money by being contrarians. its only in situations when a few are right and most are wrong that generate the most profit. Think of it as a pie: if there are more people, then your share of the pie is smaller. if there are less, your share of the pie becomes much larger
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 there's effect maybe some of hoders sell threir bitcoin and some make a panic selling. But i think some are holding their bitcoin because they know once bitcoin down the price thet will pump it again.Smart people will take advantage of that situation by buying more coins and holding their existing coins without selling them as they very well know that if price has gone down it will surely rise once again in future.
Panic selling is a good time to buy and to make profit in a short period of time. But if i am already in the position. I just watch the price and try to sell and rebuy at a lower price.
If we the situation of panic selling then without thinking twice we should engage ourselves in buying as much coins as possible as that would be the best time to buy cheap coins and wait for the price to go high so that we can sell them at some good profits.
Yeah. If for some people, panic selling will be their tragic and will plan to sell their Bitcoins too. I think we should grab that opportunity to buy large amount of Bitcoins once that happen and sell that once Bitcoin has recovered its price. Traders are often looking for a huge drop and stacking their coins, waiting for the right time to sell and BOOM ! It gives them at least 30%-50% profit. Or even double their money in case it is a really huge dump.
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 there's effect maybe some of hoders sell threir bitcoin and some make a panic selling. But i think some are holding their bitcoin because they know once bitcoin down the price thet will pump it again. 
Panic selling is a good time to buy and to make profit in a short period of time. But if i am already in the position. I just watch the price and try to sell and rebuy at a lower price.
If we the situation of panic selling then without thinking twice we should engage ourselves in buying as much coins as possible as that would be the best time to buy cheap coins and wait for the price to go high so that we can sell them at some good profits.
Panic selling is a good time to buy and to make profit in a short period of time. But if i am already in the position. I just watch the price and try to sell and rebuy at a lower price.
I dont agree that Whales determine market direction. That is not the case in normal businesses and markets. What should be correct is the whales with the most to lose individually do try to avoid the largest moves turning against them. But the biggest market force normally is the millions of people who use bitcoin, most of them are not rich. The people who are moving around less then 1 bitcoin are really the market force and a whale even while rich cannot combat this.
Its like fighting the tide, the vast majority of people are what make a price move in one direction or the other long term. Whale usually means speculator also, which is not a real user of bitcoin just someone attempting to benefit from flow of coins to or from dollars and so on. The real users and holders even while small amount to the strongest force.
This is why building up utility for bitcoin is important, we need people to go to bed while holding bitcoin. If a million people do this with a few hundred dollars, that value becomes embedded into the currency value and everyone benefits from a useful transaction system. The whales ultimately will migrate to wherever the easiest fishing grounds are, these are not the truest supporters just the most notable.
Im a big fan of natural effects in a market, Im just trying to point out that people even if rich and big individually cannot force something to be true that isnt otherwise. Exchange tricks and trading are really short term, obviously manipulation can occur but its not the big story for crypto imo. Bitcoin doesn't deviate far from 'real' markets imo, it is more volatile with large velocity of course so the amplitude or height on any graph is larger but the system of waves is comparable afaik
Its like fighting the tide, the vast majority of people are what make a price move in one direction or the other long term. Whale usually means speculator also, which is not a real user of bitcoin just someone attempting to benefit from flow of coins to or from dollars and so on. The real users and holders even while small amount to the strongest force.
This is why building up utility for bitcoin is important, we need people to go to bed while holding bitcoin. If a million people do this with a few hundred dollars, that value becomes embedded into the currency value and everyone benefits from a useful transaction system. The whales ultimately will migrate to wherever the easiest fishing grounds are, these are not the truest supporters just the most notable.
Im a big fan of natural effects in a market, Im just trying to point out that people even if rich and big individually cannot force something to be true that isnt otherwise. Exchange tricks and trading are really short term, obviously manipulation can occur but its not the big story for crypto imo. Bitcoin doesn't deviate far from 'real' markets imo, it is more volatile with large velocity of course so the amplitude or height on any graph is larger but the system of waves is comparable afaik
What do you want? Any panic in the market is lost money to the market participants and a large income for speculators. I think that such jumps the price of bitcoin will continue throughout the year, but the price will be about $ 1,300. To sell or buy for you to decide.
Usually,big whales know the potential of bitcoins that it is sure to rise and so they dump their huge volume of bitcoins to create a fall in its price.Immediately,newbies get panic and sell their bitcoins which create further fall in its price and now the big whales take advantage of this situation and start rebuying bitcoins at a much cheaper price.Its a common process used regularly in bitcoins and especially in altcoins by big whales.
You are right, Most people who are new to bitcoin will be afraid when the price drops then do panic selling. but now many people who are good by being contrarian. so people contrarian that just greedy when bitcoin prices down because they are aware that they are buying is something worthwhile.
Usually,big whales know the potential of bitcoins that it is sure to rise and so they dump their huge volume of bitcoins to create a fall in its price.Immediately,newbies get panic and sell their bitcoins which create further fall in its price and now the big whales take advantage of this situation and start rebuying bitcoins at a much cheaper price.Its a common process used regularly in bitcoins and especially in altcoins by big whales.
You are right, Most people who are new to bitcoin will be afraid when the price drops then do panic selling. but now many people who are good by being contrarian. so people contrarian that just greedy when bitcoin prices down because they are aware that they are buying is something worthwhile.
never panicked in trading because it will bring harm to you we have to be quiet in reading situsai because sometimes that price is going up and going down, if we panic losses will get, because in times like that we are still able to take advantage, by way of accommodating so do not come to sell it is called clever use of circumstances, in this case we get the right benefits
good luck
good luck
Usually,big whales know the potential of bitcoins that it is sure to rise and so they dump their huge volume of bitcoins to create a fall in its price.Immediately,newbies get panic and sell their bitcoins which create further fall in its price and now the big whales take advantage of this situation and start rebuying bitcoins at a much cheaper price.Its a common process used regularly in bitcoins and especially in altcoins by big whales.
You are right, Most people who are new to bitcoin will be afraid when the price drops then do panic selling. but now many people who are good by being contrarian. so people contrarian that just greedy when bitcoin prices down because they are aware that they are buying is something worthwhile.Jump to: