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Topic: panic selling - page 89. (Read 111179 times)

legendary
Activity: 2744
Merit: 1174
February 09, 2017, 12:17:05 PM
People who panicked and sold today are dumb. That's all there is to say.
I understand selling to make a profit, or to protect yourself if you bought at high price, but selling just because you heard some rumors from China is as retarded as it can be.
hero member
Activity: 588
Merit: 500
February 09, 2017, 12:00:42 PM
It's very natural to panic sell, especially you don't have enough money to begin with anyway. This is most of the time counterproductive, since a crash would mean prices would be cheap enough for others to buy more, making price go up again. If they simply think of bitcoin as a profit-making tool, then they shouldn't have invested money they're not willing to lose in the first place!

If I actually have a lot of money, I'd probably be waiting for those crashes to happen so I can buy in.
may be some people comes in pressure and therefore it may be natural for them, but i think for most of the people it is not natural but they do not have good experience in investment and trading and when they pass from such kind of situation they come in pressure and start thinking that they have lost everything, and therefore they start panic selling.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
February 09, 2017, 10:23:20 AM
there's always panic selling, that will never change. It's the same as stocks, as soon as there's some rumour or bad news, people start panic selling. It's a defense mechanism just to prevent themselves from losing money. People should think wisely before selling their bitcoin.
When the price bitcoin came down from $1.100 to $800, many users including me panic to sell some stock of my bitcoin. that time I was worried that prices will continue to drop, but after the current price rise again then I began to understand that bitcoin is still alive.

i am sure many traders have this experience because they thought that the price is getting lower than they can imagine so they sold their bitcoin and take less profit. but if they can hold it for a moment, i am sure that now they will have a big smile in their face because now the price is really higher than they can think.

Nope, they're not patience to wait for the price will increase of again. I do not blame them but it seems like they're feeling too hurry or worry if the price will get a dump by the whale into the lower the price again. They're just trying to prevent it

I don't think they are impatient

Most likely, they are simply afraid of losing too much if the price falls too low. Basically, fear is just the other side of greed. If people weren't that greedy, they wouldn't at first pour too much money into Bitcoin only to sell off in fear and panic later. On the other hand, they pay for their greed (and with a vengeance at that), and their losses are someone else's profits
legendary
Activity: 1078
Merit: 1000
February 09, 2017, 09:57:59 AM
Panic sellings are good oportunity for buying some coins or shares at the low price. If you already have the coins which are selling it can be also an opportunity to buy for decrease the cost of your coins at total. But the prediction for the price at which you are going to buy isnot easy always.

Yes it is a good thing for buyers because the supplies is becoming more in the market. But for holders this is frustrating that are hoping the price to keep on moving to skyrocket. If your a trader just take the advantage of buying when people are panic selling.

what you are telling is true that if the coin is worthy then when ever their is any panic selling it is worthy to buy it as it will bounce back when their is any good news, recently in liqui i have seen GNT coin price crashed from 3500 to 2200 as GNT was not listed in polonix and everyone started to dump it but i had bought some coins in 2300 range and today the price is back to 3000 as the coin is good it got dump due to panic selling by the day traders due to news of not listed in poloneix exchange.

But there is no way that we can predict about the price of each coin. We really need to gsmble a lot too when do some trading. If price is down you really need to gsmble whether to get some decent profit by selling some of your coin or make some fortune by holding it. All is depends on ourselves too, but let me told you thst we never know the future so just act with your feeling
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
February 08, 2017, 12:31:36 AM
there's always panic selling, that will never change. It's the same as stocks, as soon as there's some rumour or bad news, people start panic selling. It's a defense mechanism just to prevent themselves from losing money. People should think wisely before selling their bitcoin.
When the price bitcoin came down from $1.100 to $800, many users including me panic to sell some stock of my bitcoin. that time I was worried that prices will continue to drop, but after the current price rise again then I began to understand that bitcoin is still alive.

i am sure many traders have this experience because they thought that the price is getting lower than they can imagine so they sold their bitcoin and take less profit. but if they can hold it for a moment, i am sure that now they will have a big smile in their face because now the price is really higher than they can think.

Nope, they're not patience to wait for the price will increase of again. I do not blame them but it seems like they're feeling too hurry or worry if the price will get a dump by the whale into the lower the price again. They're just trying to prevent it.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
February 07, 2017, 11:27:47 PM
there's always panic selling, that will never change. It's the same as stocks, as soon as there's some rumour or bad news, people start panic selling. It's a defense mechanism just to prevent themselves from losing money. People should think wisely before selling their bitcoin.
When the price bitcoin came down from $1.100 to $800, many users including me panic to sell some stock of my bitcoin. that time I was worried that prices will continue to drop, but after the current price rise again then I began to understand that bitcoin is still alive.

i am sure many traders have this experience because they thought that the price is getting lower than they can imagine so they sold their bitcoin and take less profit. but if they can hold it for a moment, i am sure that now they will have a big smile in their face because now the price is really higher than they can think.
hero member
Activity: 3052
Merit: 685
February 07, 2017, 10:21:25 PM
there's always panic selling, that will never change. It's the same as stocks, as soon as there's some rumour or bad news, people start panic selling. It's a defense mechanism just to prevent themselves from losing money. People should think wisely before selling their bitcoin.
When the price bitcoin came down from $1.100 to $800, many users including me panic to sell some stock of my bitcoin. that time I was worried that prices will continue to drop, but after the current price rise again then I began to understand that bitcoin is still alive.
Well for me I didn't do the panic selling things because I have trust in bitcoin, But sometimes my fear overcome me I sell my bitcoins when the price down that is happen to me only one time and I regret that so after that I never sell my bitcoins when it's at dump stage but before dumping I sell that and buy in extreme dump. So for me the dumping and pumping is normal I learn from my mistake so I will never do that again.
The basis of our trust here is when we have a deep knowledge about bitcoin. If we see the price will drop, we should know the reason behind and not just hold or do panic selling. Trust means nothing if you do not know what you are trusting, bitcoin is very strong right now as we can see with the good price pump, but it will not stay this time, there are times if will fall, so we have to ensure our knowledge can back our faith on this.
hero member
Activity: 826
Merit: 501
February 07, 2017, 10:13:55 PM
there's always panic selling, that will never change. It's the same as stocks, as soon as there's some rumour or bad news, people start panic selling. It's a defense mechanism just to prevent themselves from losing money. People should think wisely before selling their bitcoin.
When the price bitcoin came down from $1.100 to $800, many users including me panic to sell some stock of my bitcoin. that time I was worried that prices will continue to drop, but after the current price rise again then I began to understand that bitcoin is still alive.
Well for me I didn't do the panic selling things because I have trust in bitcoin, But sometimes my fear overcome me I sell my bitcoins when the price down that is happen to me only one time and I regret that so after that I never sell my bitcoins when it's at dump stage but before dumping I sell that and buy in extreme dump. So for me the dumping and pumping is normal I learn from my mistake so I will never do that again.
full member
Activity: 224
Merit: 100
February 07, 2017, 09:26:00 PM
there's always panic selling, that will never change. It's the same as stocks, as soon as there's some rumour or bad news, people start panic selling. It's a defense mechanism just to prevent themselves from losing money. People should think wisely before selling their bitcoin.
When the price bitcoin came down from $1.100 to $800, many users including me panic to sell some stock of my bitcoin. that time I was worried that prices will continue to drop, but after the current price rise again then I began to understand that bitcoin is still alive.
full member
Activity: 158
Merit: 100
February 07, 2017, 01:29:41 PM
I had thinked the panic selling were some people that wanna to take advantage of the big value of bitcoin at some period, but with the last drop at bitcoin i were sure that whales are the main people under the panic selling, making a lot extra money as well bitcoins with that pump. Bitcoin is a healty currencie it has dropped to 800 dollar and now its back to 1000 dollars, soo expect soon another dump after the pump.

Or it is going to be another pump?
We can not predict anything unless we have some inside info, that's the beauty of bitcoin, if you could predict something then everybody would be rich from that.
I think that bitcoin is going to hit 2K this year, but it is just my opinion Cheesy

it's not just your opinion. I think so too. It seems to me that Bitcoin has all the prerequisites for the price reached 2,000 by the end of this year.
The main thing is not to panic at lower prices, but just wait quietly
full member
Activity: 238
Merit: 100
February 07, 2017, 09:25:26 AM
I had thinked the panic selling were some people that wanna to take advantage of the big value of bitcoin at some period, but with the last drop at bitcoin i were sure that whales are the main people under the panic selling, making a lot extra money as well bitcoins with that pump. Bitcoin is a healty currencie it has dropped to 800 dollar and now its back to 1000 dollars, soo expect soon another dump after the pump.

Or it is going to be another pump?
We can not predict anything unless we have some inside info, that's the beauty of bitcoin, if you could predict something then everybody would be rich from that.
I think that bitcoin is going to hit 2K this year, but it is just my opinion Cheesy
hero member
Activity: 868
Merit: 500
February 07, 2017, 07:58:38 AM
I had thinked the panic selling were some people that wanna to take advantage of the big value of bitcoin at some period, but with the last drop at bitcoin i were sure that whales are the main people under the panic selling, making a lot extra money as well bitcoins with that pump. Bitcoin is a healty currencie it has dropped to 800 dollar and now its back to 1000 dollars, soo expect soon another dump after the pump.
hero member
Activity: 910
Merit: 500
February 06, 2017, 09:24:47 AM
there's always panic selling, that will never change. It's the same as stocks, as soon as there's some rumour or bad news, people start panic selling. It's a defense mechanism just to prevent themselves from losing money. People should think wisely before selling their bitcoin.
Panic selling is when the price of bitcoin start to decrease that the start of panic of people that they will start selling their bitcoins too from market they don't want to lose piece of their coins every piece of coins counts they think that they will be bankrupt because of kids heads lmao . If i were them i will still stock my coins from market or exchange.
full member
Activity: 154
Merit: 100
February 06, 2017, 08:58:30 AM
Whatever his name is certainly not panic either, I'm sure if we want to be patient then everything will look good. Take a look at it now, the price of the bitcoin is already more than $1.000 and I'm sure it will be stable and ride again.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
February 06, 2017, 08:58:12 AM
there's always panic selling, that will never change. It's the same as stocks, as soon as there's some rumour or bad news, people start panic selling. It's a defense mechanism just to prevent themselves from losing money. People should think wisely before selling their bitcoin.

That makes the economy of bitcoin balance and that is not just happening in bitcoin because even in real life that's happening. When someone starts a false news about bitcoin's will be replaced by another coin or its price will never go up that can lead to panic selling. And it's not new, that people that are doing that are newbies.
legendary
Activity: 1526
Merit: 1179
February 06, 2017, 06:28:35 AM
There were people shaking their legs as they saw the bitcoin price drops and the fluctuation is very unstable, so that made them decide to sell and resulted to panic selling. They made a decision as to get back their invested profit so that they could make up their future loses, but its a wrong idea instead of selling the must wait for the big boom for bitcoim price which could be more profitable than selling it in panic.
Basically everyone is waiting for that 'big boom' to happen, but the thing is that not many people can resist holding their coins without securing profits. It's simply too tempting to not sell for them.

That's why it's important to have coins for short term investment purposes, and also for long term purposes. In case the price shoots up and you get tempted to sell some, then you can use a part of your short term coins.

I do it like that as well. I get to benefit from the current price by securing profits, and I get to benefit as my long term investment grows in value. And if the price goes down again, I simply buy back.
hero member
Activity: 1764
Merit: 584
February 06, 2017, 06:25:16 AM
It's very natural to panic sell, especially you don't have enough money to begin with anyway. This is most of the time counterproductive, since a crash would mean prices would be cheap enough for others to buy more, making price go up again. If they simply think of bitcoin as a profit-making tool, then they shouldn't have invested money they're not willing to lose in the first place!

If I actually have a lot of money, I'd probably be waiting for those crashes to happen so I can buy in.
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
February 06, 2017, 06:09:59 AM
There were people shaking their legs as they saw the bitcoin price drops and the fluctuation is very unstable, so that made them decide to sell and resulted to panic selling. They made a decision as to get back their invested profit so that they could make up their future loses, but its a wrong idea instead of selling the must wait for the big boom for bitcoim price which could be more profitable than selling it in panic.
sr. member
Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
February 06, 2017, 05:55:14 AM
there's always panic selling, that will never change. It's the same as stocks, as soon as there's some rumour or bad news, people start panic selling. It's a defense mechanism just to prevent themselves from losing money. People should think wisely before selling their bitcoin.
hero member
Activity: 504
Merit: 500
February 06, 2017, 04:57:33 AM
Panic sellings are good oportunity for buying some coins or shares at the low price. If you already have the coins which are selling it can be also an opportunity to buy for decrease the cost of your coins at total. But the prediction for the price at which you are going to buy isnot easy always.

Yes it is a good thing for buyers because the supplies is becoming more in the market. But for holders this is frustrating that are hoping the price to keep on moving to skyrocket. If your a trader just take the advantage of buying when people are panic selling.

what you are telling is true that if the coin is worthy then when ever their is any panic selling it is worthy to buy it as it will bounce back when their is any good news, recently in liqui i have seen GNT coin price crashed from 3500 to 2200 as GNT was not listed in polonix and everyone started to dump it but i had bought some coins in 2300 range and today the price is back to 3000 as the coin is good it got dump due to panic selling by the day traders due to news of not listed in poloneix exchange.
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