Topic: panic selling - page 77. (Read 111217 times)

Quote from: Botnake on March 16, 2017, 07:11:48 AM

Its a strategy followed by big whales to mislead newbies.Usually newbies become prey to these predator big whales and sell off all of their bitcoins.Whales buy all tose bitcoins at much cheaper price and when the market begins to recover after some time,bitcoin price once again rises and newbies have to regret for their decision.

Yes the situation is disturbing but we don't have to lose faith and sell off. it is just a business which sees ups and downs. when more people start selling off then you can see again the price will raise and people will regret selling off to less.

true! this is just a game played by whales taking advantage to the weak hands => NEWBIES.

these whales dump the price so the newbies will panic and sell all of their coins. later, they will realize that the price will just rise in a bit. regretting of what they have done. i've been there too.. when im still new to bitcoin. that is why i have leaned my lesson. the price may pump or dump i will just hold my bitcoin.

giveen

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Quote from: giveen on March 16, 2017, 06:47:20 AM

Quote from: DoublerHunter on March 12, 2017, 04:04:37 AM

Quote from: giveen on March 12, 2017, 03:37:04 AM

Quote from: micher143 on March 11, 2017, 09:25:09 PM

In my experience, The panic selling is for not experience here in bitcoin or didn't know the market speculation. For me if the price drop down I will wait because I know that bitcoin price will pump again and for every year that is happening dump once pump twice. If you trust bitcoin you will not do the panic selling.

You could actually take the advantage of this panic selling which in other words is know as trading. I didn't really care of panic selling much as I even knew that the price will increase soon , I had taken advantage of panic selling only once and made a profit of 200$. But mostly panic selling occurs in china.

That is what a trader should think. Traders don't care for the panics that might be happening in the market because somehow they know that it will calm down and the price will be back at the normal. We can take advantage of that panic selling to get those dumps and be ready for the pump later, It is easy because a lot of us already know what to do in trading and that is buy low sell high so it's easy for us to make profit in those panic selling scenarios.

Not always it really sounds easy to trade the way you told but actually trading is really hard and sometimes we can even lose our money. I normally don't like panic selling because i sometimes get scared that what if the price doesn't grow again. I know that's nonsense but anything can happen.

That's normal to be scared as when the price is falling hard it's not good to see but you need to stay strong focus on the future, crisis may happen from time to time depending on the market situation but bitcoin does not fail us. When it falls, the next thing will happen is will rise, see what happen now, we are back in the very nice price again and I'm confident after the panic selling, it will be a continuous success.

I don't have problem with the price dropping at all as I'm 100% sure the price will come bacl high. The only thing that triggers me was the growth bitcoin had it was growing slowly slowly daily but that is now gone and to grow again like that it can take lot of time

whizter

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Quote from: Finestream on March 19, 2017, 09:25:59 PM

Quote from: The_Dark_Knight on March 19, 2017, 08:14:34 PM

Quote from: Doamader on March 18, 2017, 10:49:25 PM

The bitcoin value at 1200 were already an invitation to spend or exchange it into fiat or other altcoin, the dump were expected long time ago, and the issue around bitcoin fork and market split were just one of the reasons that had made bitcoin crash almost instant, thats crypto world.

It was difficult to maintain the price that high since we know every time there is a huge rise in price there are going to be people that will want to get out and cash out but the FUD of a possible hard fork really made the dump very abrupt.

The current price is already high if you we compare it with the previous years, of course the price will not only move in one direction only that is why bitcoin is volatile, it will always be like that but in the long run the price will rise. It's what traders like, to be able to take advantage of it's volatility and FUD is just normal in the market too but being matured enough, you will know what decisions you should make.

but to me i think the price of bitcoin is trading a little low now. but it is expected that the price of bitcoin will increase again and very soon it will cross all time high price very soon.

Finestream

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Quote from: The_Dark_Knight on March 19, 2017, 08:14:34 PM

Quote from: Doamader on March 18, 2017, 10:49:25 PM

The bitcoin value at 1200 were already an invitation to spend or exchange it into fiat or other altcoin, the dump were expected long time ago, and the issue around bitcoin fork and market split were just one of the reasons that had made bitcoin crash almost instant, thats crypto world.

It was difficult to maintain the price that high since we know every time there is a huge rise in price there are going to be people that will want to get out and cash out but the FUD of a possible hard fork really made the dump very abrupt.

The current price is already high if you we compare it with the previous years, of course the price will not only move in one direction only that is why bitcoin is volatile, it will always be like that but in the long run the price will rise. It's what traders like, to be able to take advantage of it's volatility and FUD is just normal in the market too but being matured enough, you will know what decisions you should make.

The_Dark_Knight

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Quote from: Doamader on March 18, 2017, 10:49:25 PM

The bitcoin value at 1200 were already an invitation to spend or exchange it into fiat or other altcoin, the dump were expected long time ago, and the issue around bitcoin fork and market split were just one of the reasons that had made bitcoin crash almost instant, thats crypto world.

It was difficult to maintain the price that high since we know every time there is a huge rise in price there are going to be people that will want to get out and cash out but the FUD of a possible hard fork really made the dump very abrupt.

ArnoldChippy

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Quote from: szpalata on March 19, 2017, 06:11:59 PM

Quote from: pearl11 on June 01, 2016, 06:56:59 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,?

The net effect is what can create artificial supply in the system and hence the prices of Bitcoin will dwindle down. Bitcoin can only die if we all decide to quit and abandon the project so the net effect of people leaving and selling their stake means a downward turn for the cryptocurrency.

in fact panic selling is the only reason which is causing the huge decrease in the price of bitcoin. as some time the market of bitcoin take a little correction but they consider it as bitcoin is going to the bottom and so they also start selling bitcoin which create more panic.

Skarner21

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Massive price drop coming...

Quote from: Potato Chips on March 19, 2017, 06:13:56 PM

Quote from: pseexh on March 19, 2017, 02:33:18 PM

Quote from: n691309 on March 19, 2017, 01:51:53 PM

Quote from: Gameroid on March 15, 2017, 11:07:56 AM

Quote from: pseexh on March 19, 2017, 02:33:18 PM

If people sell now it's not for panic, a panic selling happens most of the time when the bitcoin price starts falling down and people are afraid that the bitcoin price is getting crashed and want to "recover" or avoid a huge loss. Bitcoin has it own pump and dump but whenever the price gets higher we expect that there could be a good way to hold for a longer time as we hope that bitcoin price will increase more, and if this doesn't happen we see a way to spend the bitcoin because we are facing with a loss soon, so people at this time spend them on altcoins or even in fiat.

i think now people have become mature and they are not going for panic selling, we have some good examples in previous days as the price of bitcoin get a good support after falling up to some points.

I think that we are in a time that the panic selling is already happening and we can conclude this from the bitcoin price, who wouldn't make any panic when the price for only 1 week has been dropped to $313 (until now at the moment of writing) so if people are holding 10BTC there is 3k lost, for 100BTC there is 30k lost and so on, this is really for panic, but I won't sell mines because I hope later this Q2 the price will get higher.

yeah another panic selling days happening righ now ,
for a small example one of my colleagues here have sold the whole bitcoin he have few minutes ago ,
he decide to take a break after got good profit on altcoin like eth and dash ,
but a little bit dropped when talking about bitcoin .

Hopefully the price isn't going down too much but still it is for making panic, the profit on ETH and other altcoins has come after the bitcoin price crash which is the perfect situation for traders, even though the value of bitcoin earned is not as before but still it is good if these people hold these bitcoin for a longer time and not sell not because I don't see as a good/perfect time to sell bitcoins right now as I hope that the price will be better in upcoming weeks/months.

I am confident that the price of bitcoin will stabilize in the coming days.
Bitcoin is already strong enough. I do not understand why the price of bitcoin so strongly reacted to the trifling news. For me it was an unpleasant surprise.
But I did not succumb to panic and kept my coins

If you have observed carefully, You will not be shocked again if bitcoins price falls like what is happenng now. We all know that in the past few week,

The price got higher and higher so there will come a situation inversely which is price getting lower and lower but you shouldn't worry and resorting

to panic selling, As long as there is no big news going on the price shouldn't be lower than $900.

Its not a problem the price of bitcoin right now i think is just a normal.. just like last year and the past year.. the price will increase back look preev the price back $1k and i think the price of bitcoin will increase back soon if they heard any good news about bitcoin..
The good thing to do right now is to buy more bitcoins because more chance to see more above $1,400 above..

Potato Chips

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yesssir! 🫡

Quote from: n691309 on March 19, 2017, 01:51:53 PM

Quote from: Gameroid on March 15, 2017, 11:07:56 AM

Quote from: pearl11 on June 01, 2016, 06:56:59 AM

If people sell now it's not for panic, a panic selling happens most of the time when the bitcoin price starts falling down and people are afraid that the bitcoin price is getting crashed and want to "recover" or avoid a huge loss. Bitcoin has it own pump and dump but whenever the price gets higher we expect that there could be a good way to hold for a longer time as we hope that bitcoin price will increase more, and if this doesn't happen we see a way to spend the bitcoin because we are facing with a loss soon, so people at this time spend them on altcoins or even in fiat.

i think now people have become mature and they are not going for panic selling, we have some good examples in previous days as the price of bitcoin get a good support after falling up to some points.

I think that we are in a time that the panic selling is already happening and we can conclude this from the bitcoin price, who wouldn't make any panic when the price for only 1 week has been dropped to $313 (until now at the moment of writing) so if people are holding 10BTC there is 3k lost, for 100BTC there is 30k lost and so on, this is really for panic, but I won't sell mines because I hope later this Q2 the price will get higher.

yeah another panic selling days happening righ now ,
for a small example one of my colleagues here have sold the whole bitcoin he have few minutes ago ,
he decide to take a break after got good profit on altcoin like eth and dash ,
but a little bit dropped when talking about bitcoin .

Hopefully the price isn't going down too much but still it is for making panic, the profit on ETH and other altcoins has come after the bitcoin price crash which is the perfect situation for traders, even though the value of bitcoin earned is not as before but still it is good if these people hold these bitcoin for a longer time and not sell not because I don't see as a good/perfect time to sell bitcoins right now as I hope that the price will be better in upcoming weeks/months.

I am confident that the price of bitcoin will stabilize in the coming days.
Bitcoin is already strong enough. I do not understand why the price of bitcoin so strongly reacted to the trifling news. For me it was an unpleasant surprise.
But I did not succumb to panic and kept my coins

If you have observed carefully, You will not be shocked again if bitcoins price falls like what is happenng now. We all know that in the past few week,

The price got higher and higher so there will come a situation inversely which is price getting lower and lower but you shouldn't worry and resorting

to panic selling, As long as there is no big news going on the price shouldn't be lower than $900.

szpalata

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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,?

The net effect is what can create artificial supply in the system and hence the prices of Bitcoin will dwindle down. Bitcoin can only die if we all decide to quit and abandon the project so the net effect of people leaving and selling their stake means a downward turn for the cryptocurrency.

megynacuna

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Quote from: Mihaylovic on March 19, 2017, 08:15:47 AM

I think its really risky keeping btcs right now. Because if it cant jump over 1000 next few days, it can even drop 700 or less. Everybody is in panic now.

No, you are. There are a lot going on and the recent dumps have actually proven the strength of Bitcoin as it is making its way gradually back up. There are a lot Bitcoin has to offer and so I urge all and sundry to keep faith and kl hold the little that you have so that those fighting decentralization would not manipulate the system for you to sell to them.

pseexh

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Quote from: n691309 on March 19, 2017, 01:51:53 PM

Quote from: Gameroid on March 15, 2017, 11:07:56 AM

If people sell now it's not for panic, a panic selling happens most of the time when the bitcoin price starts falling down and people are afraid that the bitcoin price is getting crashed and want to "recover" or avoid a huge loss. Bitcoin has it own pump and dump but whenever the price gets higher we expect that there could be a good way to hold for a longer time as we hope that bitcoin price will increase more, and if this doesn't happen we see a way to spend the bitcoin because we are facing with a loss soon, so people at this time spend them on altcoins or even in fiat.

i think now people have become mature and they are not going for panic selling, we have some good examples in previous days as the price of bitcoin get a good support after falling up to some points.

I think that we are in a time that the panic selling is already happening and we can conclude this from the bitcoin price, who wouldn't make any panic when the price for only 1 week has been dropped to $313 (until now at the moment of writing) so if people are holding 10BTC there is 3k lost, for 100BTC there is 30k lost and so on, this is really for panic, but I won't sell mines because I hope later this Q2 the price will get higher.

yeah another panic selling days happening righ now ,
for a small example one of my colleagues here have sold the whole bitcoin he have few minutes ago ,
he decide to take a break after got good profit on altcoin like eth and dash ,
but a little bit dropped when talking about bitcoin .

Hopefully the price isn't going down too much but still it is for making panic, the profit on ETH and other altcoins has come after the bitcoin price crash which is the perfect situation for traders, even though the value of bitcoin earned is not as before but still it is good if these people hold these bitcoin for a longer time and not sell not because I don't see as a good/perfect time to sell bitcoins right now as I hope that the price will be better in upcoming weeks/months.

I am confident that the price of bitcoin will stabilize in the coming days.
Bitcoin is already strong enough. I do not understand why the price of bitcoin so strongly reacted to the trifling news. For me it was an unpleasant surprise.
But I did not succumb to panic and kept my coins

dothebeats

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Cashback 15%

A classy approach or term for panic selling is "stimulated market reaction" since there had been some happenings in terms of BU and SegWit and investors are still not certain how will it do good for them in the long run. There would still be a lot of dumps in the next coming weeks so might as well keep your eyes open for such changes in the overall market flow and opportunity to gain more coins.

n691309

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Quote from: Gameroid on March 15, 2017, 11:07:56 AM

Quote from: Mihaylovic on March 19, 2017, 08:15:47 AM

If people sell now it's not for panic, a panic selling happens most of the time when the bitcoin price starts falling down and people are afraid that the bitcoin price is getting crashed and want to "recover" or avoid a huge loss. Bitcoin has it own pump and dump but whenever the price gets higher we expect that there could be a good way to hold for a longer time as we hope that bitcoin price will increase more, and if this doesn't happen we see a way to spend the bitcoin because we are facing with a loss soon, so people at this time spend them on altcoins or even in fiat.

i think now people have become mature and they are not going for panic selling, we have some good examples in previous days as the price of bitcoin get a good support after falling up to some points.

I think that we are in a time that the panic selling is already happening and we can conclude this from the bitcoin price, who wouldn't make any panic when the price for only 1 week has been dropped to $313 (until now at the moment of writing) so if people are holding 10BTC there is 3k lost, for 100BTC there is 30k lost and so on, this is really for panic, but I won't sell mines because I hope later this Q2 the price will get higher.

yeah another panic selling days happening righ now ,
for a small example one of my colleagues here have sold the whole bitcoin he have few minutes ago ,
he decide to take a break after got good profit on altcoin like eth and dash ,
but a little bit dropped when talking about bitcoin .

Hopefully the price isn't going down too much but still it is for making panic, the profit on ETH and other altcoins has come after the bitcoin price crash which is the perfect situation for traders, even though the value of bitcoin earned is not as before but still it is good if these people hold these bitcoin for a longer time and not sell not because I don't see as a good/perfect time to sell bitcoins right now as I hope that the price will be better in upcoming weeks/months.

sunsilk

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I think its really risky keeping btcs right now. Because if it cant jump over 1000 next few days, it can even drop 700 or less. Everybody is in panic now.

No it isn't risky at all just because you saw the price is dropping you are thinking now that the price is going to keep on dropping.

Then you better look of what is the price of bitcoin now. The price seems to be good at $1,000 now and I guess it can increase again.

That's why just don't do panic selling and you'll be fine.

richardsNY

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Quote from: Trongersoll on March 19, 2017, 12:34:18 PM

Its a strategy followed by big whales to mislead newbies.Usually newbies become prey to these predator big whales and sell off all of their bitcoins.Whales buy all tose bitcoins at much cheaper price and when the market begins to recover after some time,bitcoin price once again rises and newbies have to regret for their decision.

Yes the situation is disturbing but we don't have to lose faith and sell off. it is just a business which sees ups and downs. when more people start selling off then you can see again the price will raise and people will regret selling off to less.

It's different for a lot less experienced Bitcoiners/traders. If you browse through the speculation section at the time the price goes down heavily, then you'll see threads pop up asking for the reason of why things happen. These people are insecure and that's exactly the danger (for them). If you know how Bitcoin works and how the network is basically indestructible, then you'll ignore all fud coming from trolls and news articles. That's why it's important to at least explain them properly what's happening and that there is no reason to panic. Education is key.

Trongersoll

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Quote from: CyberKuro on March 19, 2017, 11:38:46 AM

Its a strategy followed by big whales to mislead newbies.Usually newbies become prey to these predator big whales and sell off all of their bitcoins.Whales buy all tose bitcoins at much cheaper price and when the market begins to recover after some time,bitcoin price once again rises and newbies have to regret for their decision.

Yes the situation is disturbing but we don't have to lose faith and sell off. it is just a business which sees ups and downs. when more people start selling off then you can see again the price will raise and people will regret selling off to less.

Mikez

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Quote from: Mihaylovic on March 19, 2017, 08:15:47 AM

I think its really risky keeping btcs right now. Because if it cant jump over 1000 next few days, it can even drop 700 or less. Everybody is in panic now.

What did you said? Well, it is wrong as bitcoin price hold on $1000 and become base floor for now.
It has started to increase again, even if it drops to $900, I consider it as normal fluctuate that could happen in this situation due to bitcoin disadvantage regarding consensus whether SegWit or BU. Moreover, we need a dip to buy more cheaper bitcoin and give chance for others to ride the bull.

The current dip has given us an opportunity to buy more coins at cheaper rate and people who will sell their coins right now will regret in future when they will see again rise in the price of bitcoins so this is not the time to sell but to buy more bitcoins.

Reid

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