panic selling - page 92. | Bitcointalksearch.org

KennyR

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Quote from: Ipwich on February 01, 2017, 08:42:10 PM

I guess what will happen now since the price is rising again will be panic buying, why not? The price movement will probably gonna hit to $1,000 again and I know some would love to sell at the current selling price to cash out a bit, but I tell you, if you don't badly need money you could hold longer for better profit.

As the price increase has been taking place several users could be in panic without knowing the reason behind the current increase. Possibly its better to hold as quoted to get more profit. Panic sellers too get a good profit as the price variation is experienced about more than $50.

just_Alice

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Quote from: Ipwich on February 01, 2017, 08:42:10 PM

I guess what will happen now since the price is rising again will be panic buying, why not? The price movement will probably gonna hit to $1,000 again and I know some would love to sell at the current selling price to cash out a bit, but I tell you, if you don't badly need money you could hold longer for better profit.

I agree. I only sell my coins when I'm in desperate need of money. Fortunately since I usually sell not more than $20 worth of Bitcoin when the price rises afterwards I'm not feeling too bad about what I lost due to selling at lower price.

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Quote from: carlisle1 on February 02, 2017, 10:23:47 AM

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,?

well that's expected that there will be someone who will make a huge dump and also there will be some people who do the same as we all know most people who are holding their bitcoins are usually aiming to get profit after a long hold . panic selling is normally happened nowadays and there will be a huge effect if there are a huge number people who will make a dump .

Agree with you since panic selling will surely happen no matter what because there are noobs out there that will surely sell off their coins believing that they could able to cut their further loss on sudden price dump of bitcoin without even knowing that they could able to wait to rise up again its price.

carlisle1

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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,?

well that's expected that there will be someone who will make a huge dump and also there will be some people who do the same as we all know most people who are holding their bitcoins are usually aiming to get profit after a long hold . panic selling is normally happened nowadays and there will be a huge effect if there are a huge number people who will make a dump .

Rahar02

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Quote from: 1Referee on February 02, 2017, 04:59:23 AM

Quote from: hurain on February 02, 2017, 12:40:29 AM

we are not expecting any panic selling in near future, i am hopeful that this time the price of bitcoin is going to increase smoothly, and hope that this time the price id going to cross the historical high price of bitcoin and after that we can expect a little bit correction in the market, but the market has to continue growing for next few months.

Bitcoin and people panic selling somehow are closely connected. Reasons being that they either invest with money they can't afford to miss in their personal life, or they simply invest with borrowed money. In both cases people already feel uncomfortable when looking at how volatile the price has been. If people would only stick to investing money they actually have and don't directly need in their personal lives, then it removes a massive amount of weight off people's shoulders. It allows them to trade more comfortably, allows them to (in most cases) avoid making irrational decisions, etc. That's why I am glad the major Chinese exchanges have kissed their margin activities goodbye.

Panic selling will always happen as the temptation of higher price and people don't wanna miss it to make profits if others start to sell out which affects the market price. We will see it as soon as the price hit $1000 level, but depends on how much trading volume in your local exchanges as in my place, the price is lower than the average exchanges rate outside such as Okcoin, coinbase, Itbit, coindesk, bitstamp, etc.

Denker

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Quote from: Doamader on February 02, 2017, 08:54:49 AM

Some altcoins were just made to steal bitcoin from newbies or people that saw ico as an way to make easy money with the pump and dump of those shitty coins, those nowadays is harder and well people are avoiding in the general those shitty coins and just some whales does bump the coin trying to bring new players inside soo they can dump their coins.

Not just some altcoins where made to steal precious BTC from unexperienced noobs!Most of the alts were launched only for this reason!!
A handful of alts may play a significant role in the future.However this doesn't mean they will be worth a lot.This just means they will continue to exist on a releveant level while the rest will be completely irrelevant and be forgotten.

Doamader

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Some altcoins were just made to steal bitcoin from newbies or people that saw ico as an way to make easy money with the pump and dump of those shitty coins, those nowadays is harder and well people are avoiding in the general those shitty coins and just some whales does bump the coin trying to bring new players inside soo they can dump their coins.

1Referee

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Quote from: hurain on February 02, 2017, 12:40:29 AM

we are not expecting any panic selling in near future, i am hopeful that this time the price of bitcoin is going to increase smoothly, and hope that this time the price id going to cross the historical high price of bitcoin and after that we can expect a little bit correction in the market, but the market has to continue growing for next few months.

Bitcoin and people panic selling somehow are closely connected. Reasons being that they either invest with money they can't afford to miss in their personal life, or they simply invest with borrowed money. In both cases people already feel uncomfortable when looking at how volatile the price has been. If people would only stick to investing money they actually have and don't directly need in their personal lives, then it removes a massive amount of weight off people's shoulders. It allows them to trade more comfortably, allows them to (in most cases) avoid making irrational decisions, etc. That's why I am glad the major Chinese exchanges have kissed their margin activities goodbye.

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Quote from: wildan88 on February 02, 2017, 04:45:22 AM

Quote from: hurain on February 02, 2017, 12:40:29 AM

Quote from: Ipwich on February 01, 2017, 08:42:10 PM

I guess what will happen now since the price is rising again will be panic buying, why not? The price movement will probably gonna hit to $1,000 again and I know some would love to sell at the current selling price to cash out a bit, but I tell you, if you don't badly need money you could hold longer for better profit.

we are not expecting any panic selling in near future, i am hopeful that this time the price of bitcoin is going to increase smoothly, and hope that this time the price id going to cross the historical high price of bitcoin and after that we can expect a little bit correction in the market, but the market has to continue growing for next few months.

anyone currently may be panic buying because they think prices will going to $1000, I also think like that and I also become fomo. but never thought this moment to panic selling before prices go over $1000.

maybe but the rising speed doesn't show this, we are still at $980 after nearly two days. if there was a panic buying (fear of missing out or FOMO) we would have seen $1000+ already.
i think most of them will join in and start buying after the $1000 is broken, right now they are still afraid Cheesy

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Quote from: hurain on February 02, 2017, 12:40:29 AM

Quote from: Ipwich on February 01, 2017, 08:42:10 PM

I guess what will happen now since the price is rising again will be panic buying, why not? The price movement will probably gonna hit to $1,000 again and I know some would love to sell at the current selling price to cash out a bit, but I tell you, if you don't badly need money you could hold longer for better profit.

we are not expecting any panic selling in near future, i am hopeful that this time the price of bitcoin is going to increase smoothly, and hope that this time the price id going to cross the historical high price of bitcoin and after that we can expect a little bit correction in the market, but the market has to continue growing for next few months.

anyone currently may be panic buying because they think prices will going to $1000, I also think like that and I also become fomo. but never thought this moment to panic selling before prices go over $1000.

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i think if there is a panic selling from the trader is because many trader see there is the price is increase, then the price will not going to go up because many trader will sell their bitcoin and thinking that maybe its just correction for the price and the price can suddenly getting down. so we should think wise before we sell our bitcoin and only hope that we sell it with higher price than we buy.

hurain

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Quote from: Ipwich on February 01, 2017, 08:42:10 PM

I guess what will happen now since the price is rising again will be panic buying, why not? The price movement will probably gonna hit to $1,000 again and I know some would love to sell at the current selling price to cash out a bit, but I tell you, if you don't badly need money you could hold longer for better profit.

we are not expecting any panic selling in near future, i am hopeful that this time the price of bitcoin is going to increase smoothly, and hope that this time the price id going to cross the historical high price of bitcoin and after that we can expect a little bit correction in the market, but the market has to continue growing for next few months.

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Quote from: GreenBits on February 01, 2017, 11:08:05 PM

Quote from: rajasumi3 on February 01, 2017, 10:57:36 PM

People are nowadays not so stupid that they l sell alway their bitcoins when they see others selling it .one person might do that as he fears that bitcoin might go down sharply and he will loose all his bitcoin value and it might be that he needs little prof so its okay to sell his bitcoins .

Im think they're are panicking selling their Bitcoin because they think that after a big move of price of Bitcoin its a big dump also.Like happen last time its down over 10% of Bitcoin price I hope not happen again.

Investing in Bitcoin is good when you have free money which can be a time to think and wait a year or two as needed for the desired course, most people do not have such a possibility in the case of a sharp decline prices immediately sell their Bitcoins to regain at least part of the money spent .

GreenBits

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Quote from: rajasumi3 on February 01, 2017, 10:57:36 PM

People are nowadays not so stupid that they l sell alway their bitcoins when they see others selling it .one person might do that as he fears that bitcoin might go down sharply and he will loose all his bitcoin value and it might be that he needs little prof so its okay to sell his bitcoins .

Im think they're are panicking selling their Bitcoin because they think that after a big move of price of Bitcoin its a big dump also.Like happen last time its down over 10% of Bitcoin price I hope not happen again.

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People are nowadays not so stupid that they l sell alway their bitcoins when they see others selling it .one person might do that as he fears that bitcoin might go down sharply and he will loose all his bitcoin value and it might be that he needs little prof so its okay to sell his bitcoins .

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Quote from: Ipwich on February 01, 2017, 08:42:10 PM

I guess what will happen now since the price is rising again will be panic buying, why not? The price movement will probably gonna hit to $1,000 again and I know some would love to sell at the current selling price to cash out a bit, but I tell you, if you don't badly need money you could hold longer for better profit.

It seems that every time the price touches the four digit mark, panic sets in some holders, thinking that it will not be able to last before the price plummets again. As a result, some sell as soon as they can, causing an avalanche of selling which then sends the price by a huge percentage drop. This happens very often and I am sure that many have taken advantage of such occurence.

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Quote from: Ipwich on February 01, 2017, 08:42:10 PM

I guess what will happen now since the price is rising again will be panic buying, why not? The price movement will probably gonna hit to $1,000 again and I know some would love to sell at the current selling price to cash out a bit, but I tell you, if you don't badly need money you could hold longer for better profit.

I think, it would countinue rising up as it attracts invetors to invest bitcoun after it survived votality. Hence, we should hold our bitcoin more as to earn profit. Hoping that votality in China won't occured again and continue rising up of bitcoin. As bitcoin is being introduced by some famous websites and blogs, it really helps to widespread its market. Let's just support bitcoin, a future main mode of payment online.

Ipwich

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I guess what will happen now since the price is rising again will be panic buying, why not? The price movement will probably gonna hit to $1,000 again and I know some would love to sell at the current selling price to cash out a bit, but I tell you, if you don't badly need money you could hold longer for better profit.

meemiinii

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Quote from: Idrisu on February 01, 2017, 02:08:47 PM

Quote from: LEEMEEGO on February 01, 2017, 10:20:38 AM

Thats exactly what panic selling is. You already answering your own question mate. Panic selling is caused by a huge dump by the big bag holders and manipulators. And the one who are caught in this kinda trap is the newbies. They think that they will already lose their money if the dump will continue so they will sell it at a lower price. They are ruled by thinking that the coin they bought will become dead. Well emotions are to be blame in panic selling.

The same thing happened early this year. After okcoin and bitcc meeting with people bank of china created uncertainty and bitcoin fell from near $1175 to $750 within three days. Panic selling is the beauty of margin trading as if there is no panic there will be no money to make. The wise one analysis both the technical and fundamental reasons why price is going down and take their decision based on the outcome of they analysis.

yes you were right. panic selling is somewhat good for we are able to buy a certain coin in a much lower price (this is for pros in trading). unfortunately, this is a great lose for newbies especially if these newbies buy these coins in an average price then suddenly price dumped. as what leemgoo said they were the first victims of panic selling and their emotions that they may lose more if they will still wait for the price to pump and what happens is the contrary. these newbies now think that "sell it in a lower price then gain even half of the investment or lose it all"

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