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Topic: Panic selling vs Panic buying - page 3. (Read 1788 times)

member
Activity: 952
Merit: 41
December 11, 2017, 06:39:40 AM
#67
Bitcoin is an asset and at that speculations are allowed, people tend to created panic by them self's as long as bitcoin price can rise it can also drop at any time. But the question is has the price ever dropped below the point it was within 48hours back. The answer is no. What should prompt you to sell your bitcoin should not be base on panic but base on your needs at that time, if not if you continue to do panic selling you tend to loose your asset which is bitcoin at any slide change in the market.
newbie
Activity: 83
Merit: 0
December 11, 2017, 06:30:32 AM
#66
If you had bought the lows and sold the highs your profit would have been unreal, its hard to do. Balls of steel are needed. Can it go higher, so should I sell? Is it going to drop further so should I buy. HODL is actually easier or at least it has been because BTC keeps rising. You don't have to worry or monitor the markets and digest all that info everyday. But ya, if your willing to put in the time and effort, buying lows /selling highs is extremely profitable !
member
Activity: 224
Merit: 11
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December 11, 2017, 06:20:02 AM
#65
Hey there!
A question of panic selling was already discussed on this forum a billion times. But whats bad here? If you are sure that the price will grow back then you can just buy some BTC in better rates. The more dangerous will be the situation when someone is buying BTC while being afraid of loosing some profits despite the fact that pump has already happened (I'm calling it a panic buying). Thats seems like a straight way to lose money and make a bubble.

Rules are simple and panic is out of the question. Buy when it goes down and sell when it goes up. Buy for long term is the safest thing you can do.
member
Activity: 167
Merit: 59
December 11, 2017, 06:18:51 AM
#64
Everyones advice in blockchain and bitcoin trading is to hold onto currency and not sell bitcoin - however other currencies are quite alright to sell off when you need the cash . When BTC is set to exponentially  grow in the next year or so it may be an idea to save your BTC for when t is expected to reach that 25k milestone.
full member
Activity: 1218
Merit: 105
December 11, 2017, 06:16:32 AM
#63
FUD makes people "Panic Selling" and FOMO makes people "Panic Buying" Some whales or maybe a lot of whales use this cheap and very simple tactic to buy bitcoin at low price and sell bitcoin at high price.  Grin
member
Activity: 133
Merit: 37
December 11, 2017, 06:10:44 AM
#62
Hey there!
A question of panic selling was already discussed on this forum a billion times. But whats bad here? If you are sure that the price will grow back then you can just buy some BTC in better rates. The more dangerous will be the situation when someone is buying BTC while being afraid of loosing some profits despite the fact that pump has already happened (I'm calling it a panic buying). Thats seems like a straight way to lose money and make a bubble.

Actually it's the other way around. Bitcoin panic buying will still make you money even if it's less than what you would make if you buy at the drop, but it will be profitable at the end.

On the other hand BTC panic selling is the stupidest way to lose money, even if bitcoin is a bubble what chances are there that it's going to burst at this certain drop?? why not the next one? or the one after it? or even after getting to 100k$ ten years ahead??? We just can't know.. What we do know that bitcoin had several drops and it recovered from them and most probably any drop we see won't be the last one.. So we just have to HODL and sell BTC only when we need to..
sr. member
Activity: 1736
Merit: 357
Peace be with you!
December 11, 2017, 05:54:37 AM
#61
Hey there!
A question of panic selling was already discussed on this forum a billion times. But whats bad here? If you are sure that the price will grow back then you can just buy some BTC in better rates. The more dangerous will be the situation when someone is buying BTC while being afraid of loosing some profits despite the fact that pump has already happened (I'm calling it a panic buying). Thats seems like a straight way to lose money and make a bubble.
I am not an expert in trading and I don't even try it with exchanges because most of the time I am into long term investments. For me panic selling and panic buying are most likely to happen to newbies and Altcoin traders. It had happened with me before when I was new to cryptocurrency I decided to sell all my Altcoins because I was afraid price would continously go down but I am not affected with my loss since I only have small amount of Altcoins. Those experiences serves as a lesson learned to me though a good try also in investing in Altcoins. In terms of Bitcoin investments, panic selling and panic buying are not likely to happen.
member
Activity: 188
Merit: 10
December 11, 2017, 05:36:47 AM
#60
these aituatuon happens alot in trading. When people think that the price will continue going down and have no chance of going back up! peoe start to panic selling inorder not to loose more. Panic buying is just the reciprocal of panic selling, these happens when the pruce of any coins suddenly goes up and all the people wanted to have a profit with it. so they all buy! These is just a simple concept of trading.
hero member
Activity: 1190
Merit: 504
December 11, 2017, 05:34:23 AM
#59
the name of the panic that I think is not good, because the decision taken it can harm why? because without going through the careful and quiet thinking, so the decision is very risky to be wrong if in trading you can experience the name of defeat for buying wrong prices in because panic so the decision is taken without thinking again
Panic selling is totally an unwise decision that you cant it any longer and you don't have choice for it so you just decide to sell in a panic mode. And those people who are usually panicking are the ones that are believing FUDs and fake news about bitcoin bubbles.

Panic buying? Never heard of this one in crypto market but it's likely when something good is happening, new comers are the people who are doing this.
member
Activity: 168
Merit: 10
December 11, 2017, 05:21:02 AM
#58
I do both all the time Grin And sometimes even gain profit. This is my strategy: Panicbuy and then prey all the Gods Cheesy
hero member
Activity: 1400
Merit: 536
December 11, 2017, 04:56:53 AM
#57
I know about panic sales, but for the first time I get used to panic. Now users are not selling panic, so there is no sudden change in the price of Bitcoin. The big panic that happened last week was hacking NiceHash. In unusual circumstances Bitcoin has an immediate effect.
sr. member
Activity: 546
Merit: 255
December 11, 2017, 04:34:04 AM
#56
Hey there!
A question of panic selling was already discussed on this forum a billion times. But whats bad here? If you are sure that the price will grow back then you can just buy some BTC in better rates. The more dangerous will be the situation when someone is buying BTC while being afraid of loosing some profits despite the fact that pump has already happened (I'm calling it a panic buying). Thats seems like a straight way to lose money and make a bubble.

We should forget about any emotion when we trade.
I would say that both panic selling and panic buying are wrong actions,because people are driven by emotions when they execute such actions.All the buying and selling decisions must be done after proper tachnical and fundamental analysis of the market.
Anyway,all the panic selling and buying made by the newbie traders is good for the experienced traders,because they make profits from other traders mistakes.
But how can those newbie traders avoid these wrong decisions in their first trading attempts? I know that they are oblige to do some extensive research about trading first to mitigate the risk that comes along with it but we also know that not all newbies do these beforehand. They  just depend on all the rumors and speculations that a lot of us here in the forum makes.
jr. member
Activity: 159
Merit: 1
December 11, 2017, 04:14:52 AM
#55
Hey there!
A question of panic selling was already discussed on this forum a billion times. But whats bad here? If you are sure that the price will grow back then you can just buy some BTC in better rates. The more dangerous will be the situation when someone is buying BTC while being afraid of loosing some profits despite the fact that pump has already happened (I'm calling it a panic buying). Thats seems like a straight way to lose money and make a bubble.

We should forget about any emotion when we trade.
I would say that both panic selling and panic buying are wrong actions,because people are driven by emotions when they execute such actions.All the buying and selling decisions must be done after proper tachnical and fundamental analysis of the market.
Anyway,all the panic selling and buying made by the newbie traders is good for the experienced traders,because they make profits from other traders mistakes.

for me its about analyzing when to trade to to gain some profit to it.., its about gaining and losing money in  decision making , 
full member
Activity: 378
Merit: 100
December 11, 2017, 03:16:26 AM
#54
There are both wrong moves, the word panic means negative and ofcourse negative results. Many traders(especially newbies) have loss thier profits because they cant control thier emotions. Controling the emotions have a positive results and all you gonna do is study the technical and fundemental analysis. Knowledge is the way to control your emotion when making decissions to buy or sell.
hero member
Activity: 2604
Merit: 816
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December 11, 2017, 02:53:49 AM
#53
but mostly, traders can be difficult to control their emotion when the price is down or up so they can get panic. the panic selling is when the price is suddenly getting down without delays and panic buying is when the price is up and we cannot buy at the right time. sometimes controlling our emotion is really difficult but we need to practice so we can handle by easy if something happening in the market.
hero member
Activity: 1190
Merit: 534
December 11, 2017, 12:08:18 AM
#52
This is a tricky situation when you decide to hold some funds and if there is any negative news in the market then you immediately sell your holdings irrespective of your research. Panic selling is nothing to do with the market environment, you sell the holdings just because the next guy is doing it. However, if someone has his research to back his investment decision then there should be no reason to worry about market fluctuations as far as things are moving in his expected range.
newbie
Activity: 61
Merit: 0
December 10, 2017, 11:45:56 PM
#51
Hey there!
A question of panic selling was already discussed on this forum a billion times. But whats bad here? If you are sure that the price will grow back then you can just buy some BTC in better rates. The more dangerous will be the situation when someone is buying BTC while being afraid of loosing some profits despite the fact that pump has already happened (I'm calling it a panic buying). Thats seems like a straight way to lose money and make a bubble.
Don't let emotion lead you, learn and think everything concerned to BTC before selling or buying
newbie
Activity: 13
Merit: 0
December 10, 2017, 11:09:23 PM
#50
well panic buying and selling is made by newbies....and it gives profit to other trader..
other people gain and other people loses, that is trading right....
experienced trader has rules when dealing situation like that.
full member
Activity: 246
Merit: 100
December 10, 2017, 11:04:18 PM
#49
the name of the panic that I think is not good, because the decision taken it can harm why? because without going through the careful and quiet thinking, so the decision is very risky to be wrong if in trading you can experience the name of defeat for buying wrong prices in because panic so the decision is taken without thinking again
member
Activity: 350
Merit: 30
December 10, 2017, 10:55:05 PM
#48
Hey there!
A question of panic selling was already discussed on this forum a billion times. But whats bad here? If you are sure that the price will grow back then you can just buy some BTC in better rates. The more dangerous will be the situation when someone is buying BTC while being afraid of loosing some profits despite the fact that pump has already happened (I'm calling it a panic buying). Thats seems like a straight way to lose money and make a bubble.

I dont think its a good idea. Once i was joining the panic selling i only lose my profit due to big difference in buyimg and selling price. Right now i just only hold my coin.
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