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Topic: panic selling - page 96. (Read 111217 times)

hero member
Activity: 868
Merit: 500
January 13, 2017, 07:43:11 AM
People must realize that bitcoin its very volatiil, and we havent any good news that made bitcoin crush the 800 dollars and went into 1100 besides someone wish, it were a question of time till someone dump, even when it looked that were stable, the risk at bitcoin its that a fake volume can be made and people get scared too easy, soo they try to minimize their loss.
hero member
Activity: 1246
Merit: 529
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January 13, 2017, 07:18:52 AM
Panic Selling because of the fast break down of its value.
But  then let us just relax everything will be okay and be back on rising thing.,

Most of those people that did panic selling are new to bitcoin. They are just scared that they are not going to get good profit when they saw the price was falling. So most of them did it one at a time and it was followed by other holders too that cause the price to keep on falling and look what happened now it was stable at $780+
Once Bitcoin price start to fall newbies start to follow that price trend than thus how they trade, they do not analyze reasons of price falling but they only see price moving up and down and sell their coins just for penny profit.

Indeed! Well you can't really blame people especially if they've known about bitcoin when the price is still conaistently surging. This happens all the time even last year and people should know that it's normal that the prices won't be going up all the time. You can read about bitcoin's ups and downs in a lot of thread here so there's really no need to panic or you'll just regret it when the price of btc skyrockets again
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
January 13, 2017, 05:02:25 AM
In an interview with Cointelegraph last week, Mycelium wallet’s  Dmitry Murashchik cast additional doubt on the “overestimation” the analyst mentions. A regulatory green light to a Bitcoin ETF would mean good things for the industry, he stated, but would hardly be a watershed moment
hero member
Activity: 868
Merit: 500
January 13, 2017, 06:59:24 AM
Panic Selling because of the fast break down of its value.
But  then let us just relax everything will be okay and be back on rising thing.,

Most of those people that did panic selling are new to bitcoin. They are just scared that they are not going to get good profit when they saw the price was falling. So most of them did it one at a time and it was followed by other holders too that cause the price to keep on falling and look what happened now it was stable at $780+
Once Bitcoin price start to fall newbies start to follow that price trend than thus how they trade, they do not analyze reasons of price falling but they only see price moving up and down and sell their coins just for penny profit.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
January 13, 2017, 04:57:31 AM
Panic Selling because of the fast break down of its value.
But  then let us just relax everything will be okay and be back on rising thing.,

Most of those people that did panic selling are new to bitcoin. They are just scared that they are not going to get good profit when they saw the price was falling. So most of them did it one at a time and it was followed by other holders too that cause the price to keep on falling and look what happened now it was stable at $780+
full member
Activity: 210
Merit: 100
January 13, 2017, 04:48:18 AM
Panic Selling because of the fast break down of its value.
But  then let us just relax everything will be okay and be back on rising thing.,
hero member
Activity: 1190
Merit: 500
January 13, 2017, 04:31:22 AM
What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Of course there is tendency like that. But u can't predict if people will sell with you if u dump large amount or trend will go up ignoring fact that u sold many many bitcoins at once.
Its like gambling, you can win you can loose but in long term you will loose.
I wouldn't play with market like that, too high risk.
Yes panic selling will be resulting in taking trading similar to gambling. Panic selling will definitely make us to deviate our trading plans. It is a kind of emotional failure, unfortunately every traders undergone to this. If we are good enough with our technical analysis, we can avoid panic selling.
therefore you must have patience and trust in nature when you use bitcoin bitcoin for trade. when the price falls you have to be patient and confident that the price will go up. it was to avoid panic
legendary
Activity: 1442
Merit: 1008
January 13, 2017, 04:29:58 AM
What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
People already panic and make a huge dump of bitcoin that's why bitcoin now is at 787$ dollars per 1 bitcoin i never expect that bitcoin will be down like before i never knew if i knew it i already sold my bitcoin and never hold them from my bitcoin wallet. Nope it will never affect traders and bitcoin this is the only way to make profit for them.
This is how cryptocurrency market works, completely unpredictable
Sometimes gives you a lot of profit but mostly ended up losing badly
Trading on cryptocurrency has very high risk more than any other kind trading
Required a lot of patience here.

Not only patience, you need intuition and believe it. dont greedy
but still need luck. Yes, cryptocurrency very hard to make a profit. But it can give a profit, which does not give trade other currencies.

it's like there is random factors that could make bitcoin price move up or down, feel like there's no clear factor causing the changes. well it's just the feeling. the fact that there a lot of things lead bitcoin dropped right now like it's indeed the game of market, some group make it happen also the panic selling that nexpectedly continued etc.
sr. member
Activity: 270
Merit: 250
January 13, 2017, 03:59:55 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,?
People already panic and make a huge dump of bitcoin that's why bitcoin now is at 787$ dollars per 1 bitcoin i never expect that bitcoin will be down like before i never knew if i knew it i already sold my bitcoin and never hold them from my bitcoin wallet. Nope it will never affect traders and bitcoin this is the only way to make profit for them.
This is how cryptocurrency market works, completely unpredictable
Sometimes gives you a lot of profit but mostly ended up losing badly
Trading on cryptocurrency has very high risk more than any other kind trading
Required a lot of patience here.

Not only patience, you need intuition and believe it. dont greedy
but still need luck. Yes, cryptocurrency very hard to make a profit. But it can give a profit, which does not give trade other currencies.
sr. member
Activity: 462
Merit: 250
January 12, 2017, 03:47:38 PM
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,?
People already panic and make a huge dump of bitcoin that's why bitcoin now is at 787$ dollars per 1 bitcoin i never expect that bitcoin will be down like before i never knew if i knew it i already sold my bitcoin and never hold them from my bitcoin wallet. Nope it will never affect traders and bitcoin this is the only way to make profit for them.
This is how cryptocurrency market works, completely unpredictable
Sometimes gives you a lot of profit but mostly ended up losing badly
Trading on cryptocurrency has very high risk more than any other kind trading
Required a lot of patience here.

Not only patience, you need intuition and believe it. dont greedy
legendary
Activity: 1484
Merit: 1004
January 12, 2017, 01:59:23 PM
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,?
People already panic and make a huge dump of bitcoin that's why bitcoin now is at 787$ dollars per 1 bitcoin i never expect that bitcoin will be down like before i never knew if i knew it i already sold my bitcoin and never hold them from my bitcoin wallet. Nope it will never affect traders and bitcoin this is the only way to make profit for them.
This is how cryptocurrency market works, completely unpredictable
Sometimes gives you a lot of profit but mostly ended up losing badly
Trading on cryptocurrency has very high risk more than any other kind trading
Required a lot of patience here.
hero member
Activity: 910
Merit: 502
January 12, 2017, 01:22:37 PM
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,?
Of course there is tendency like that. But u can't predict if people will sell with you if u dump large amount or trend will go up ignoring fact that u sold many many bitcoins at once.
Its like gambling, you can win you can loose but in long term you will loose.
I wouldn't play with market like that, too high risk.
Yes panic selling will be resulting in taking trading similar to gambling. Panic selling will definitely make us to deviate our trading plans. It is a kind of emotional failure, unfortunately every traders undergone to this. If we are good enough with our technical analysis, we can avoid panic selling.
sr. member
Activity: 672
Merit: 250
January 12, 2017, 12:49:08 PM
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,?
People already panic and make a huge dump of bitcoin that's why bitcoin now is at 787$ dollars per 1 bitcoin i never expect that bitcoin will be down like before i never knew if i knew it i already sold my bitcoin and never hold them from my bitcoin wallet. Nope it will never affect traders and bitcoin this is the only way to make profit for them.

Not everyone sells their coins when they see a price like that. There are also people like me who does not sell their coins even if the price touches $1100 because i don't needed to do that, i did not need any money nor i do panic that the price might drop again because i don't care, i know the price will go higher then that eventually.
legendary
Activity: 2296
Merit: 1014
January 12, 2017, 12:33:05 PM
What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Of course there is tendency like that. But u can't predict if people will sell with you if u dump large amount or trend will go up ignoring fact that u sold many many bitcoins at once.
Its like gambling, you can win you can loose but in long term you will loose.
I wouldn't play with market like that, too high risk.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
January 12, 2017, 12:28:56 PM
What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
People already panic and make a huge dump of bitcoin that's why bitcoin now is at 787$ dollars per 1 bitcoin i never expect that bitcoin will be down like before i never knew if i knew it i already sold my bitcoin and never hold them from my bitcoin wallet. Nope it will never affect traders and bitcoin this is the only way to make profit for them.

Yes, they are panic of selling their coins because of the fast crashing of bitcoin but then for sure this will be back then.
Just sit back and relax and bitcoin will rise because of its growing population and once the bitcoin population increase the demand of  coin will rise so the value will be increasing again.
 
sr. member
Activity: 490
Merit: 250
January 12, 2017, 11:02:10 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,?
People already panic and make a huge dump of bitcoin that's why bitcoin now is at 787$ dollars per 1 bitcoin i never expect that bitcoin will be down like before i never knew if i knew it i already sold my bitcoin and never hold them from my bitcoin wallet. Nope it will never affect traders and bitcoin this is the only way to make profit for them.
I'm not afraid and I'm still holding my bitcoins. Panic selling is always happening at some part of price levels regardless of how strong bitcoin price levels are showing. Yes, some traders do always get panic.

I'm very much confident that bitcoin prices are moving toward $2000 price levels and hopefully it may test those levels by end of March.

relax rise and fall of the price of bitcoin for now it is still a matter that is not how, is still relatively low, now we do not panic to sell bitcoin us, should we sell but just sufficient for only the remainder is stored for later 5 years the price bitcoin will craze that's when the right time to sell is slowly but surely
hero member
Activity: 700
Merit: 500
January 12, 2017, 10:57:11 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,?
People already panic and make a huge dump of bitcoin that's why bitcoin now is at 787$ dollars per 1 bitcoin i never expect that bitcoin will be down like before i never knew if i knew it i already sold my bitcoin and never hold them from my bitcoin wallet. Nope it will never affect traders and bitcoin this is the only way to make profit for them.
I'm not afraid and I'm still holding my bitcoins. Panic selling is always happening at some part of price levels regardless of how strong bitcoin price levels are showing. Yes, some traders do always get panic.

I'm very much confident that bitcoin prices are moving toward $2000 price levels and hopefully it may test those levels by end of March.
hero member
Activity: 924
Merit: 500
January 12, 2017, 10:16:09 AM
What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
People already panic and make a huge dump of bitcoin that's why bitcoin now is at 787$ dollars per 1 bitcoin i never expect that bitcoin will be down like before i never knew if i knew it i already sold my bitcoin and never hold them from my bitcoin wallet. Nope it will never affect traders and bitcoin this is the only way to make profit for them.
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
January 12, 2017, 09:43:49 AM
I know this is a minority view, but nothing changed in bitcoin world last 48 hours. There was neither a fork in bitcoin nor a hack of big exchange. Miners were working like any other day, bitcoin nodes were validating and relaying blocks and so on. That is, there was not any shocking event in bitcoin world. What happened last day I don't name it as panic selling. I see it as "Black Friday day" or like another member told a discount day. Folks it's a global free market; so if you can afford some fiat money seize the opportunity to buy more coins.  
legendary
Activity: 896
Merit: 1000
January 12, 2017, 09:14:46 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 price will continue to dump if more people sell their coin  it will be deep depends on how many will counter it Or more people  buying than selling BTC it's a good time to buy when the price is so low and wait for it to pump again for easy profit like what happen now,

I don't know the reasons of such fast drop. And many people are on panic now cause of the price. But I think that it's correct to not panic in this moment and hold your bitcoins, cause of this panic selling just will move the price down, and I doubt that we all want it  Wink

If you have poured your lifetime saving into Bitcoin when the price was over 1,100 dollars per coin, it may be a good idea after all to panic sell all your coins as fast as possible. Yes, the price can massively rebound later and continue rising past the recent highs, but it could as well continue sliding down to lower lows devaluing your whole investment...

The bottom line is that don't invest with amounts which could potentially put you in a panic sell environment

no matter what you say, people will constantly put their savings, and thus themselves into great danger. it's sad to see that some people are willing to gamble their entire savings into bitcoin. what's even worse is that after they buy at peaks, they expect the price to pump even further. it's pure greed. another trend is that people nowadays more and more trade/buy bitcoin with borrowed money. that's where all these panic dumps come from.
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