Panic selling vs Panic buying - page 4.

jamids

sr. member

Activity: 616

Merit: 252

Quote from: Beerwizzard on November 03, 2017, 01:09:06 AM

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.

Panic buying or what we call FOMO (Fear of Missing Out) will cause panic selling because there is a high probability that after the pump, a dump will happen and price would plummet and since those people who bought at the top would see the price decrease rapidly, they would then think of their money losing some value and then think of selling to avoid losing more. During this time when bitcoin is getting more popular, there would be more people joining the cryptoverse and most probably just invest without even knowing what bitcoin is all about and how volatile it is. Seeing it decrease rapidly for thousand of dollars in just one hour would cause a roller coaster ride of emotions that is enough to make them sell. I can see a lot of post in social media asking why the price is like that because they thought it would just keep on increasing. Oh well, welcome to the crypto world!

TravelBlock

jr. member

Activity: 65

Merit: 7

FOMO and FUD are produced by unhealthy emotional spikes when trading, and that's where most of the speculation unfortunately comes into play. But thanks to the majority, that's where the profits are being produced. Weird little balance.

Vanester2014

member

Activity: 236

Merit: 10

Borderless for People, Frictionless for Banks

Quote from: Herbert2020 on November 03, 2017, 01:37:03 AM

it is usually called FOMO (fear of missing out).

and in any market there will always be people who make irrational rushed decisions like this. these people think of trading as a form of gambling. they think all the profit and loss they are experiencing is purely based on their luck and nothing else. they know nothing of speculation and analysis and make rather random decisions.
in bitcoin and mostly altcoins these people have a bigger portion of the market but as the market grows like bitcoin's their portion becomes smaller and with it their effect on the price.

Panic selling thats always doing when some people was afraid specialy if they saw that the price of bitcoin was going down and they heard or read some bad news about bitcoin they are willing to sell there coins even they were lost there investment. Panic buying too is a bad decision specialy when the price was already peak in a new high value then after you buy it will go back down again.

sofi@

full member

Activity: 238

Merit: 108

Panic buying are done by those investors who believe that bitcoin value will recover after a serious drop in price it happens because the history repeat for so many times now and it's one of the reason why people instead of worrying when bitcoin price drops they invest on it and buy while the price is low so whenever the value recover they can have a good return from their investment.

datodota002

full member

Activity: 224

Merit: 101

one thing that is very important when trading is not make a purchase based on feelings or emotional sense of the trends that occur. In the world of trading analysis is a matter of great importance all the actions undertaken must be based on analysis. for a beginner is very difficult to make purchases based on emotions.

bololord

full member

Activity: 420

Merit: 101

Quote from: Beerwizzard on November 03, 2017, 01:09:06 AM

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 think its not bad even you bought bitcoin while the price is high but yes its more good if you buy bitcoin when it is low because you will gain more money /profit so i think we should need to do is think and don't get panic even its flactuating.

NyLymZbl

member

Activity: 210

Merit: 10

That kind of attitude is only applicable to the beginners in the world of trading, all their decisions are based solely on luck. But trading professionals, because of their well experience, they already know what rules and techniques they trade. They already know how to deal with situations like that. They are good examples. Because we are new to trading, we must be wise to consider each speculation and analysis so that we can be successful, just like them.

farhaan

sr. member

Activity: 392

Merit: 250

Quote from: Beerwizzard on November 03, 2017, 01:09:06 AM

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.

Yes.That's really a dangerous aspect in trading and i too have suffered a lot because of buying a pumped coin and losing out by selling it at very low rate when it immediately gets dumped.I happens frequently in altcoin trading where mostly altcoins get pumped and dumped.

plr

member

Activity: 1162

Merit: 24

Quote from: Beerwizzard on November 03, 2017, 01:09:06 AM

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.

It's normal for a human being to act like that because you are investing money that you have worked for but before investing you need to get a lot of advice and research and of course experience so you can combat stress and trade effectively it would take some time to become a very good trader.

petrov trevor

newbie

Activity: 64

Merit: 0

the panic seller will always be stronger than the FOMO (panic buyer)

bright4mech

member

Activity: 588

Merit: 18

Real trader that knows what his/her goods quality don't panic in the market, the mostly thing is to know when market demand is high for selling point. as long Cryptocurrency concerned, you need to know or learn market analysis when is good to sell or buy as the case may be, at any point in time. Finally a good trader does not be hurry to sell out, because mister A, has sell and you want to sell at any time of your choice, that is where panic start, after selling and ask the person that first sell before, now difference. I mean lower prize.

senne

hero member

Activity: 1078

Merit: 507

Indeed when price jumps suddenly, panic increases in the market which lead to both Panic selling and Panic Buying. Holders often can't determine the highest value that Bitcoin can reach in the pump and often sell before the max. value, on the other hand such surge in price attracts global attention towards Bitcoin hence making many newbies to invest in Bitcoin despite price being skyrocketed. Due to which I think price bracket helps to remained pumped up as if many users are selling at the same time many new users are also investing without waiting for any correction or dump.

audrey12

full member

Activity: 210

Merit: 108

BSP a regulatory bodies in my country warned people about investing so much with virtual currencies especially now that the value is really high they say that there is higher risk that when bitcoin value suddenly drops people will lose everything they put into this digital currency but they cannot help because people are really looking for the opportunity to invest and that is when the price of bitcoin drops they panic buying and believing after quite some time the value will recover and have much higher one.

xBitHodler

member

Activity: 112

Merit: 10

Panic selling is big problem among people who are inexperienced in both trading and investing. New people are usually impatient and want to earn a lot in a short period of time. I would say that panic buy is good but only in Bitcoin case. Bitcoin was the first cryptocurrency at it is highly possible that it will continue to grow and eventually become adopted as a national currency in some country. You will eventually profit but you will have to wait a bit longer.

posi

hero member

Activity: 2268

Merit: 579

DGbet.fun - Crypto Sportsbook

Quote from: Beerwizzard on November 03, 2017, 01:09:06 AM

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.

Only people or bitcoin trader who are new in the game will panic buy or panic because bitcoin volatility in nature always bring good tiding at the end of the day only if the bitcoin trader could be patient.

Valentina Ambassador

member

Activity: 420

Merit: 11

REPUBLIA PRE-SALE : Aug 23rd

Hello author! I am in another group "Panic watchers" and "Panic beggar without any bitcoins" so its quite interesting to me be here on this forum in 2017 hope all we keep smiling when we will find our messages in 2041 and without any regret about our today's decisions. Good luck to all of us today and all time)

grumpy619

sr. member

Activity: 546

Merit: 255

If you came to the market - you must change your mind! Here you can make big money or end up losing your shirt. Panic selling is a really bad idea.
Or you have nerves of steel and can cut off the emotions by trading or don't trade! Best strategy for me is to buy and hold. Im not the newbie, but it is more comfortable for me . Short trading is not for my nerves.

nagatraju

hero member

Activity: 672

Merit: 500

I don't think that there is a place for emotions in this business...you need to calculate everything well and be confident in your decisions

Superzpay

hero member

Activity: 672

Merit: 500

Quote from: RMXg1025829 on November 03, 2017, 03:34:09 AM

Damn, i used to trade stock, been out the game so long...the panic sell caught me hahaha

This is also good because as the time is passing the value and the price of the bitcoin is increasing so stocking the bitcoin to the long time is the best thing for sure. I hope if you will hold the big amount of the bitcoin you will see how fast the bitcoin value and the price will increase and all the people will be aware of the best price and the high status of the bitcoin in the future I hope this will increase the bitcoin price as well

jhongzjhong

full member

Activity: 798

Merit: 109

https://bmy.guide

Quote from: Beerwizzard on November 03, 2017, 01:09:06 AM

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.

At this situation you must control your self in panicking don't sell immediately as what you see the cart was moving down the price of bitcoin. Its just a part of crypto currency and bitcoin is the one, because it is volatile the price was moving like what up and down. Therefore don't be panic or quick sell your bitcoin because of going down price you should not follow your emotion.
Timing is need of investing or trading bitcoin or if your not maybe it lost your money. Make wisely decision in buying coins to earn more money not turn to wasted money.

Topic: Panic selling vs Panic buying - page 4. (Read 1788 times)