The solution to that is to be aware of factors in bitcoin. Growth and reasons for why price goes down. Also with each country you should know how much debt does your government have, what percentage of GDP is this debt. Does your nation suffer a trade deficit and also is there a budget gap too, meaning even more debt.
All these factors add upto a weak national currency. We all know the effects, every year prices keep rising and the money you earnt becomes worth less. These are reasons why to favour Bitcoin not be scared of its rough trajectory upwards. Also of course take an interest in its developments and progress globally in trade and currency movements as you enter that stage and leave just your own nation when selling FIAT to buy bitcoin.
People get scared when they deny themselves the facts of what they are involved with and are in the dark on what could happen. Most western nations now are in quite serious danger of currency failure, either from debt troubles like Greece for example really stumbled at once point. Or even just gradually, every year your government prints even more money to stop itself from going broke. The money they print is taken from the public.
If you live in a rich country with good business and no government debt then you could mostly focus on the speculation of Bitcoin growth. Most of us are not so fortunate and have to be wary of holding paper cash also. Always hold enough to pay your bills for months in advance, less scary
Topic: panic selling - page 73. (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,?
If that thing will happen and if someone would do it,that will affect bitcoins price,supply and demand.Dont panic selling.you need to know when you need to sell your coins and i can tell you the time is not yet here.Many people are now holding it for a long time because they see that the value of the Bitcoin is rising slowly.Patience in Bitcoin is really important otherwise you will be not to be able to earn profit.
Panic selling is only to those who are weak hearted. Bitcoins price is very volatile so it is normal for its price to pump or dump in an instant. Whales are grabbing this opportunity in order to gain profit from new traders. They will dump the coin from the price they want and then it will create a chain reaction and the new traders will panic sell. After they reach the price they want. They will then pump the coin and from that margin, they are gaining profit from it.
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.Exactly a newbie still don't what is the lowest limit and the highest limit of bitcoin price, what is the potential and why the price is falling down, so when the price fall down they become panic and sell all of their coin, while an experience trader see falling price as an opportunity to earn more, experience is really important to know when to sell and when to hold and when to buy
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. 
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.
There is nothing wrong in selling when they are making profits from it as that is the main purpose to invest money in bitcoins but generally people get panic and start selling their coins when they see price going down and result in loss and that should be avoided.
agree with you mate. are long as you still have profit then whats the matter? but if one panic sell just because the price is falling and you just to choose to sell it in a lost way, then that is the big problem. we all know that bitcoin is not for weak hands because the price is volatile. the only victim in this panic selling is the newbies in this crypto community.
There is nothing wrong in selling when they are making profits from it as that is the main purpose to invest money in bitcoins but generally people get panic and start selling their coins when they see price going down and result in loss and that should be avoided.
agree with you mate. are long as you still have profit then whats the matter? but if one panic sell just because the price is falling and you just to choose to sell it in a lost way, then that is the big problem. we all know that bitcoin is not for weak hands because the price is volatile. the only victim in this panic selling is the newbies in this crypto community.
Dumps and pumps are part of all crypto currencies, the same way as others currencies and markets assets. At bitcoin we do have a lot whales that make all the magic happens, while with others markets are banks and big fortunes that make pression in the price, but both markets are week against bad news.
And once those whales started to make a dump, people that are in the same level to us will do panic selling. They are scared to lose a lot of profit believing that it will be dumped for real and it isn't going to pump again. But we already saw the charts of bitcoin, always after those people do panic selling, they are regretting 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,?
Bitcoin needs to be calm when trading. We have to be very careful especially in dump and pump situations.
You do not have to worry if the price of bitcoin drops. Anyway the price will rise again. But it may not rise again when altcoins fall in price. Many people are losing money in altcoins.
The market cap is too small. When it become $10000 billion, it will be more stable.
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,?
Bitcoin needs to be calm when trading. We have to be very careful especially in dump and pump situations.
You do not have to worry if the price of bitcoin drops. Anyway the price will rise again. But it may not rise again when altcoins fall in price. Many people are losing money in altcoins.
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,?
Bitcoin needs to be calm when trading. We have to be very careful especially in dump and pump situations.
You do not have to worry if the price of bitcoin drops. Anyway the price will rise again. But it may not rise again when altcoins fall in price. Many people are losing money in altcoins.
As the market becomes bigger it becomes less manipulated or possible to cause such an attack. MUST HAVE LIQUIDITY.
Dumps and pumps are part of all crypto currencies, the same way as others currencies and markets assets. At bitcoin we do have a lot whales that make all the magic happens, while with others markets are banks and big fortunes that make pression in the price, but both markets are week against bad news.
yes that is the nature of bitcoin that it s price increase and decrease from time to time. i am hopeful that in future we will never see any downfall in the rice of bitcoin .
Every market in the world experiences certain periods of decline, Bitcoin is definitely not an exception. Another thing is that the Bitcoin market is still a free market. If a large trader is looking to cash out a huge load of coins, where he happens to chain-trigger stop loss orders, it will result in a sharp red candle to the South. The intensity of this dump will depend on how liquid the market is. If the market is lacking serious liquidity as is the case right now, whale traders need to take the price down with 10-15% in order to cash out like 5000 BTC at once. That's not a joke.
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,?
Bitcoin needs to be calm when trading. We have to be very careful especially in dump and pump situations.
You do not have to worry if the price of bitcoin drops. Anyway the price will rise again. But it may not rise again when altcoins fall in price. Many people are losing money in altcoins.
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,?
Bitcoin needs to be calm when trading. We have to be very careful especially in dump and pump situations.
You do not have to worry if the price of bitcoin drops. Anyway the price will rise again. But it may not rise again when altcoins fall in price. Many people are losing money in altcoins.
no matter what happens bitcoin price will surely increase in the future no matter what happens
Not everyone has that much faith in bitcoin though. Some are shortsighted and those who trade frequently are more likely to panic sell.
Yes, it seems that some users have lost their faith in Bitcoin any many of them are prone to panic selling. But I think there is no solid reason for panic and experienced traders should know better then that. But it's easy to react on current issues on the market although is always better to keep the cool head and think twice about every decision
I think they must be new to bitcoin community and are not used to price fluctuations involve in bitcoins so looking at price going down they easily get panic thinking that bitcoins will not bounce back again and start selling their coins at cheap price.
no matter what happens bitcoin price will surely increase in the future no matter what happens
Not everyone has that much faith in bitcoin though. Some are shortsighted and those who trade frequently are more likely to panic sell.
Yes, it seems that some users have lost their faith in Bitcoin any many of them are prone to panic selling. But I think there is no solid reason for panic and experienced traders should know better then that. But it's easy to react on current issues on the market although is always better to keep the cool head and think twice about every decision
I think they must be new to bitcoin community and are not used to price fluctuations involve in bitcoins so looking at price going down they easily get panic thinking that bitcoins will not bounce back again and start selling their coins at cheap price.
I'm not into buying bitcoin at the moment. But as I read here in the community, newbies are most vulnerable to panic selling specially if they see the market price of bitcoin going down. So I hope rumors here should be stop as well so that we will not affected by those spreading lies around here.
no matter what happens bitcoin price will surely increase in the future no matter what happens
Not everyone has that much faith in bitcoin though. Some are shortsighted and those who trade frequently are more likely to panic sell.
Yes, it seems that some users have lost their faith in Bitcoin any many of them are prone to panic selling. But I think there is no solid reason for panic and experienced traders should know better then that. But it's easy to react on current issues on the market although is always better to keep the cool head and think twice about every decision
I think they must be new to bitcoin community and are not used to price fluctuations involve in bitcoins so looking at price going down they easily get panic thinking that bitcoins will not bounce back again and start selling their coins at cheap price.
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