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Topic: panic selling - page 86. (Read 111217 times)

hero member
Activity: 490
Merit: 500
March 04, 2017, 11:11:27 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,?
Such dumps can be done only in altcoins in which marketcap is low.Bitcoin cannot be dumped easily as its market cap is very high.But the only people who could dump bitcoin now is chinese as they hold lots of bitcoins due to big mining farms.We just saw that effect two months before when chinese bitcoin holders sold their bitcoins due to PBOC actions.
sr. member
Activity: 364
Merit: 250
March 04, 2017, 10:58:56 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,?

Never panic in the trading of all there will be no time when prices fall too there are times when the price will go up again so do not ever panic in play bitcoin
enjoy
fluctuations in the price of bitcoin practically very extreme. I agree with you, we better enjoy it. if the price of bitcoin down, we should have to buy bitcoin, not sell it. I think it is a good strategy.
full member
Activity: 293
Merit: 100
March 04, 2017, 10:05:36 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,?

Never panic in the trading of all there will be no time when prices fall too there are times when the price will go up again so do not ever panic in play bitcoin
enjoy
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
March 04, 2017, 06:23:30 AM
This happens all days, people trade all day, all crypto currencies, bitcoin always has the biggest ammount, even with some altcoins showing up like dash. Im pretty sure on the next days a dump will come at bitcoin like what happened ad January, because at the moment there arent any news to impact the bitcoin price, besides the wish of people to see bitcoin breaking walls.

Yes, I also think that soon the price of Bitcoin decline slightly. That's when we all see a lot of hysterical people who will sell all of its assets
It's possible to decline because that is how the market behave, but the question is, does it cause a panic selling?
My opinion is not, people already given their trust with bitcoin and they know how strong it is, if the fact that it will fall we already expected it to rise again. Hence, if you sell and panic, you will not take the opportunity to grow your money.

every time there is a dip in price there is a panic selling at the same time without any exception. even if it is a small dip, it doesn't have to be massive or anything. just the price going down. it is because the market is still filled with weak hands and the orderbook is still not that thick to prevent these kinds of things.

but the number of panic sellers shrink as the time goes by. they become more experienced each time it happens and more people start to realize this and take advantage of the situation by buying when things like this happen!
newbie
Activity: 59
Merit: 0
March 04, 2017, 06:01:55 AM
This happens all days, people trade all day, all crypto currencies, bitcoin always has the biggest ammount, even with some altcoins showing up like dash. Im pretty sure on the next days a dump will come at bitcoin like what happened ad January, because at the moment there arent any news to impact the bitcoin price, besides the wish of people to see bitcoin breaking walls.

Yes, I also think that soon the price of Bitcoin decline slightly. That's when we all see a lot of hysterical people who will sell all of its assets
It's possible to decline because that is how the market behave, but the question is, does it cause a panic selling?
My opinion is not, people already given their trust with bitcoin and they know how strong it is, if the fact that it will fall we already expected it to rise again. Hence, if you sell and panic, you will not take the opportunity to grow your money.

Many people know about bitcoin now. They want to buy some. So even if there is some decline, that will not be too deep.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
March 01, 2017, 10:37:18 PM
This happens all days, people trade all day, all crypto currencies, bitcoin always has the biggest ammount, even with some altcoins showing up like dash. Im pretty sure on the next days a dump will come at bitcoin like what happened ad January, because at the moment there arent any news to impact the bitcoin price, besides the wish of people to see bitcoin breaking walls.

Yes, I also think that soon the price of Bitcoin decline slightly. That's when we all see a lot of hysterical people who will sell all of its assets
It's possible to decline because that is how the market behave, but the question is, does it cause a panic selling?
My opinion is not, people already given their trust with bitcoin and they know how strong it is, if the fact that it will fall we already expected it to rise again. Hence, if you sell and panic, you will not take the opportunity to grow your money.
sr. member
Activity: 289
Merit: 250
March 01, 2017, 03:34:26 PM
This happens all days, people trade all day, all crypto currencies, bitcoin always has the biggest ammount, even with some altcoins showing up like dash. Im pretty sure on the next days a dump will come at bitcoin like what happened ad January, because at the moment there arent any news to impact the bitcoin price, besides the wish of people to see bitcoin breaking walls.

Yes, I also think that soon the price of Bitcoin decline slightly. That's when we all see a lot of hysterical people who will sell all of its assets
legendary
Activity: 1232
Merit: 1091
March 01, 2017, 03:15:31 PM

Its normal especially to newbies in bitcoin and trading to panic when the price is going down. They tend to do that because they lack experience and enough knowledge about the nature of bitcoins and trading. But the longer they are in the business and their experience becomes wider then they will no longer panic and just do proper trading leaving strong emotion aside that impedes their judgment.
Well if you see most of the people who have invested are newbies itself. There are very less people who actually take the effort to
know more about the currency and how it works. Basically people see that bitcoin was 0.1$ some 7 years ago and now it is 900$ so
they invest in it. And when it reaches 1000$ and starts falling a bit they start selling.

If they only look at how the price has performed in last years, and take for granted that it will happen again, then they are just blindly buying (also known as gambling) themselves into Bitcoin. If you take into consideration that the price tanks heavily every now and then, then it's just a matter of time before these people get shaken out of the market with heavy losses as result. They either learn from it, or simply remove themselves entirely from investing in Bitcoin.
What makes you say that bitcoin is gonna disappoint it's investors. I agree there are ups and lows but if you see in long run it is profitable. The limited supply is one of the reason that makes me trust on the currency that it won't end up like gold. Even though most of the investor do blindly invest but I don't think they will ever regret about this in the future.

I nowhere stated that Bitcoin is going to disappoint investors. I was talking about how newbies get shaken out of the market as they completely ignore the recent market situation because they base their decisions on how the market has performed in the past. People (newbie or senior investor) if they blindly buy they need a lot of luck to leave with profits, or they (most likely) sell in panic due to their expectations not being met.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
March 01, 2017, 02:49:27 PM
Panic selling is a psychological process.
It usually affects the inexperienced with too high hopes.
I must admit that right now it's a relatively unfortunate time to start with bitcoin.
Right now after the big rise and the all time high, there is a chance that the price will drop a bit.
For newbies that might be frustrating, so I can imagine they start selling in bigger numbers to cut their losses

The emphasized part is also a psychological process

Just three (or so) months ago people were telling absolutely the same words, but the price had been almost half a thousand dollars lower than it is now (i.e. below 800 dollars per coin). Folks had been telling that Bitcoin was too expensive to buy it right now (i.e. then). And I told them basically the same, that the prices only looked high and if Bitcoin would spike a hundred dollars (in fact, I didn't expect it to hit the 1,200 mark that fast myself), these prices would look really cheap. So if Bitcoin goes over 2,000 dollars in a matter of a few months from now, today's prices will also start looking rather pale
hero member
Activity: 756
Merit: 501
March 01, 2017, 02:43:17 PM
This happens all days, people trade all day, all crypto currencies, bitcoin always has the biggest ammount, even with some altcoins showing up like dash. Im pretty sure on the next days a dump will come at bitcoin like what happened ad January, because at the moment there arent any news to impact the bitcoin price, besides the wish of people to see bitcoin breaking walls.
hero member
Activity: 959
Merit: 500
March 01, 2017, 02:18:34 PM
Panic selling is a psychological process.
It usually affects the inexperienced with too high hopes.
I must admit that right now it's a relatively unfortunate time to start with bitcoin.
Right now after the big rise and the all time high, there is a chance that the price will drop a bit.
For newbies that might be frustrating, so I can imagine they start selling in bigger numbers to cut their losses.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
March 01, 2017, 02:02:18 PM
The value of btc will drop if this happens like a regular stock market crash
 

Even bitcoin will drop for sure many of the members here would buy more of it, or it will be a huge volume of buyers of bitcoin will take that opportunity to buy lots of bitcoin. You know the basic rules in trading buy at small price,lol...
Panic selling always happen. Usually it starts when a person or group of persons shorted anything from one price at a big volume, from that point other people will start to think that there is something bad that happened and they will follow shorting the asset. It is a normal phenomenon that happens when people want to take profit because they think the price is high enough and then when the price starts to fall they will buy again at a discounted price

You would need to short a really desperate amount of Bitcoin to affect prices today

But that might still be a suicidal enterprise given the current trends (i.e. unrestricted runaway growth). Someone had actually tried that and ended up suffering massive losses in early January. Even the almighty and omnipotent Chinese government tried to "short" Bitcoin (and even twice at that) but still failed miserably in the end. There is a trading wisdom that says that you should never catch falling knives, and it seems to work in reverse order too, i.e. don't try to seize jumping daggers, either
hero member
Activity: 1680
Merit: 655
March 01, 2017, 12:31:28 PM
The value of btc will drop if this happens like a regular stock market crash
 

Even bitcoin will drop for sure many of the members here would buy more of it, or it will be a huge volume of buyers of bitcoin will take that opportunity to buy lots of bitcoin. You know the basic rules in trading buy at small price,lol...
Panic selling always happen. Usually it starts when a person or group of persons shorted anything from one price at a big volume, from that point other people will start to think that there is something bad that happened and they will follow shorting the asset. It is a normal phenomenon that happens when people want to take profit because they think the price is high enough and then when the price starts to fall they will buy again at a discounted price.
hero member
Activity: 924
Merit: 500
February 28, 2017, 10:34:55 PM
The value of btc will drop if this happens like a regular stock market crash
 

Even bitcoin will drop for sure many of the members here would buy more of it, or it will be a huge volume of buyers of bitcoin will take that opportunity to buy lots of bitcoin. You know the basic rules in trading buy at small price,lol...
hero member
Activity: 672
Merit: 500
February 21, 2017, 02:25:39 PM

Its normal especially to newbies in bitcoin and trading to panic when the price is going down. They tend to do that because they lack experience and enough knowledge about the nature of bitcoins and trading. But the longer they are in the business and their experience becomes wider then they will no longer panic and just do proper trading leaving strong emotion aside that impedes their judgment.
Well if you see most of the people who have invested are newbies itself. There are very less people who actually take the effort to
know more about the currency and how it works. Basically people see that bitcoin was 0.1$ some 7 years ago and now it is 900$ so
they invest in it. And when it reaches 1000$ and starts falling a bit they start selling.

If they only look at how the price has performed in last years, and take for granted that it will happen again, then they are just blindly buying (also known as gambling) themselves into Bitcoin. If you take into consideration that the price tanks heavily every now and then, then it's just a matter of time before these people get shaken out of the market with heavy losses as result. They either learn from it, or simply remove themselves entirely from investing in Bitcoin.
What makes you say that bitcoin is gonna disappoint it's investors. I agree there are ups and lows but if you see in long run it is profitable. The limited supply is one of the reason that makes me trust on the currency that it won't end up like gold. Even though most of the investor do blindly invest but I don't think they will ever regret about this in the future.
newbie
Activity: 59
Merit: 0
February 21, 2017, 10:47:05 AM
Come on, babies, stop your speculations. We are watching a new pump and dump business emerging these days. We all should learn this new rule: sell all your coins around the $1,100 mark, and buy at $900-950. Do it again and again to make good money all this 2017.
$1200 it looks like real in some weeks later. But I did it I sell my coin at $1069 and buy on $940. My day will be much better after it. We are on the right way to go to $1100.
Just supporting bitcoin and i hope it will reach over $1200 ASAP.

$1200 price is surely possible to achieve in next couple of months and it will also depend on the demand of bitcoins if demand goes higher in coming months then we can expect much higher price of bitcoins and $1200 seems to be realistic price and it can be surely achieve if every goes smooth and fine in coming months.

The price now is around $1109. So it is less than 10% away from $1200.
sr. member
Activity: 266
Merit: 250
February 11, 2017, 07:34:59 AM
Come on, babies, stop your speculations. We are watching a new pump and dump business emerging these days. We all should learn this new rule: sell all your coins around the $1,100 mark, and buy at $900-950. Do it again and again to make good money all this 2017.
$1200 it looks like real in some weeks later. But I did it I sell my coin at $1069 and buy on $940. My day will be much better after it. We are on the right way to go to $1100.
Just supporting bitcoin and i hope it will reach over $1200 ASAP.

$1200 price is surely possible to achieve in next couple of months and it will also depend on the demand of bitcoins if demand goes higher in coming months then we can expect much higher price of bitcoins and $1200 seems to be realistic price and it can be surely achieve if every goes smooth and fine in coming months.
sr. member
Activity: 1512
Merit: 316
February 11, 2017, 07:09:32 AM
2 days before around 1000+ btc it was trading in almost in a day it fell to 900$. People would have sold it and now again its back to 1000+ in another in around 50 hours or so
hero member
Activity: 2282
Merit: 505
February 11, 2017, 12:57:13 AM
Come on, babies, stop your speculations. We are watching a new pump and dump business emerging these days. We all should learn this new rule: sell all your coins around the $1,100 mark, and buy at $900-950. Do it again and again to make good money all this 2017.
$1200 it looks like real in some weeks later. But I did it I sell my coin at $1069 and buy on $940. My day will be much better after it. We are on the right way to go to $1100.
Just supporting bitcoin and i hope it will reach over $1200 ASAP.
sr. member
Activity: 462
Merit: 250
February 11, 2017, 12:30:20 AM
Come on, babies, stop your speculations. We are watching a new pump and dump business emerging these days. We all should learn this new rule: sell all your coins around the $1,100 mark, and buy at $900-950. Do it again and again to make good money all this 2017.
I wish the trend will always be like that, the price is our main concern now, it's dropping but we should not be panic, we have been seeing this most of the time. Buy now, I am pretty sure it will start to pump again, take advantage on a short term profit for this one.
yes people are now giving good support to bitcoin. they are now not trapping in panic selling. the price of bitcoin once again trading above 1000 USD and i think that it is  very good sign for the price of bitcoin. i think this time the trend of increasing bitcoin will not be interrupt any more and hope that it will continue increasing for a long time. so we can expect that we are very close to cross all time high price of bitcoin.
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