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Topic: Panic selling vs Panic buying - page 5. (Read 1788 times)

trk
full member
Activity: 228
Merit: 100
December 10, 2017, 10:02:00 AM
#27
Definitely true, panic buying as well as panic selling is two things to avoid in crypto trading
Most beginners do the same mistake, like I did before. Beginners still cant control their emotion while trading which lead them to huge loss for sure.

Buy the red, sell the green
member
Activity: 227
Merit: 10
December 10, 2017, 09:37:23 AM
#26
personally, i experienced this when i was just starting to invest on bitcoin. The moment I saw the bitcoin price is growing I invested my money but the next day, it's going down relly fast so i panicked and quickly converted my btc. i lost around 40% of my money 
sr. member
Activity: 734
Merit: 250
December 09, 2017, 05:13:18 PM
#25
With the price of Bitcoin going up, it is much wiser to hodl than to buy, I think there is a panic selling that had happened, with the fear of missing out, people think if they buy Bitcoin at this time, the trend is still going up, they can have a lot of profit, but that's not the case, there seems to be a lot of new investors that are buying Bitcoin at a high price, I think they need to study more about investments since Bitcoin is volatile, a negative news might cause the price to down because of weak hands and people who are investing without a plan, the same goes with panic selling, they sell bitcoins due to negative news, without even researching, still investing on knowledge will help you gain more profits when it comes to Bitcoin, and hopefully they understand even one of the basic fundamentals in investing, buying low and selling high.
Your thinking is wise that with the price up you must be hold Bitcoin else to buy. I think that the panic in sell or panic in buy in both cases is not good. Bitcoin is the future money. But we must be take decisions with cool mind and wisely about Bitcoin that which is the best time I sell Bitcoin when I buy Bitcoin. Mostly people are panic when price of Bitcoin go down and they are hurry to sell Bitcoin. But in my opinion it is totally wrong. When the price of Bitcoin goes down that is a golden time for buy Bitcoin.
full member
Activity: 316
Merit: 101
The Winner Stands Alone
November 03, 2017, 09:07:53 AM
#24
nothing ever certain in market, ok this volatility sometimes will cause headache, but its ok that's how market works,make us worried and confused buy or sell, back to your mind and evalutaion whether you buy or you sell when the rate up so high and down for awhile. don't regret after what you did, you can learn from your buying selling experience based on market, good luck, CMIIW Smiley by the way what u called of missing opportunity  "FOMO" thank you for this word guys Smiley
member
Activity: 107
Merit: 100
November 03, 2017, 07:27:23 AM
#23
I believe the market currently is a bit in panick buying. Though the rise of the price im sure was initiated by new money from institutions coming in. When market is in such a state as now it can easily go up or down by few thousands in very short period of time
full member
Activity: 391
Merit: 100
November 03, 2017, 07:03:01 AM
#22
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.

I think Panic Selling are the only problem why the price of bitcoin drop, we can say that panic buying are a good thing for the price of bitcoin but sometimes bad for the one that is buying for example when the price plummets down that is the time when so many people wants to buy bitcoin but if the buyer would use all of his money in buying bitcoin that is a bad thing for him, you should invest your extra money and not all of it in bitcoin. but it will sure benefit bitcoin.

Well obviously, it's because of people's fear of missing out or being left out. Either panic buying nor panic selling wouldn't be a good idea. Panic buying could lead you to buy bitcoin at a high price, 'causing you to lose money than those who waited and got it at a lower price. While Panic selling causes you to lose profit rather than waiting for the mooning. Panicking is never a good idea in any circumstances, it would always cause unwanted results that could lead to dismay.
full member
Activity: 518
Merit: 103
November 03, 2017, 06:59:23 AM
#21
With the price of Bitcoin going up, it is much wiser to hodl than to buy, I think there is a panic selling that had happened, with the fear of missing out, people think if they buy Bitcoin at this time, the trend is still going up, they can have a lot of profit, but that's not the case, there seems to be a lot of new investors that are buying Bitcoin at a high price, I think they need to study more about investments since Bitcoin is volatile, a negative news might cause the price to down because of weak hands and people who are investing without a plan, the same goes with panic selling, they sell bitcoins due to negative news, without even researching, still investing on knowledge will help you gain more profits when it comes to Bitcoin, and hopefully they understand even one of the basic fundamentals in investing, buying low and selling high.
hero member
Activity: 2660
Merit: 551
November 03, 2017, 05:42:33 AM
#20
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 is really called FOMO (Fear of Missing Out). I think if you don't really want to missed the opportunity, you don't need to be nervous, just get out when you fell you have profited already.

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 beg to differ, I have stated trading when btc was 5000 i buy that rate.
Then jp sucks and make it 3000.
That period was over and now i am at profit.
In btc one thing i learn,if you hold you will not instantly but eventually.and thats the beauty.

it is 100% true but sometimes it is best to buy in the dips.
for example the JP Morgan thing was an obvious FUD for them to buy bitcoin, and the market reacted on a completely expected manner. you could have sold what you had or waited for the bottom if you had money to buy back and enjoy their FUD and the panic dump that came afterwards.

Yes, I agree. Its really better to buy in dips instead of buying when the price is going up. Nevertheless, those FOMO's are for real and will go and beyond their budget to get bitcoins because they are greedy and thinking of getting profits at the end of day.
hero member
Activity: 1078
Merit: 501
November 03, 2017, 05:35:01 AM
#19
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 and selling are both not good, because that action is not thinking first before they do it, they just buying and selling if they just want. Because we all know the reason is that they just want to gain more profit using bitcoin.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
November 03, 2017, 05:11:07 AM
#18
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 beg to differ, I have stated trading when btc was 5000 i buy that rate.
Then jp sucks and make it 3000.
That period was over and now i am at profit.
In btc one thing i learn,if you hold you will not instantly but eventually.and thats the beauty.

it is 100% true but sometimes it is best to buy in the dips.
for example the JP Morgan thing was an obvious FUD for them to buy bitcoin, and the market reacted on a completely expected manner. you could have sold what you had or waited for the bottom if you had money to buy back and enjoy their FUD and the panic dump that came afterwards.
hero member
Activity: 1834
Merit: 759
November 03, 2017, 04:41:44 AM
#17
I can understand panic selling, but what the hell is panic buying? Lol. I mean, I guess that can happen in real life when a shortage is expected and people just buy up as much supply as they can. I don't think that scenario is applicable for Bitcoin though.

Would buying dips, like the recent one to $3000 count? Either way, Bitcoin is not a necessity and there's no reason to buy haphazardly.
legendary
Activity: 3542
Merit: 1352
November 03, 2017, 04:37:05 AM
#16
Or to simply put, FOMO or fear of missing out. It's pretty much the same to the core of panic buying thinking that you might miss out a once in a lifetime opportunity. This is bad for an asset that rises gradually since a massive sellout might follow from people who've already profited and leave others holding the bag. But for bitcoin, so far no matter how many massive sellouts happen, there hadn't been a time that the price haven't recovered, mainly because it's not existing on the investment books of average techie Joe's but can also be found on some few businessmen's log book. Idk why or how but apparently bitcoin has been breaking records and the norms of typical stock investments since it always tend to go the opposite of what's been observed on normal investments i.e. gold, penny stocks, etc.
member
Activity: 336
Merit: 14
November 03, 2017, 04:30:03 AM
#15
That is why extensive research is require before investing. To avoid panic mode, one must have the discipline to ride out the storm and emerge unscathed. It takes 24/7 monitoring of the trends and issues that affects this new currency.
hero member
Activity: 980
Merit: 500
November 03, 2017, 04:08:36 AM
#14
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.

I think Panic Selling are the only problem why the price of bitcoin drop, we can say that panic buying are a good thing for the price of bitcoin but sometimes bad for the one that is buying for example when the price plummets down that is the time when so many people wants to buy bitcoin but if the buyer would use all of his money in buying bitcoin that is a bad thing for him, you should invest your extra money and not all of it in bitcoin. but it will sure benefit bitcoin.
hero member
Activity: 1372
Merit: 500
November 03, 2017, 04:04:34 AM
#13

If you panic you rely on luck since your emotions block your rationality.  Does mean you cant make good trade though, i panic sold all my ltc for btc back a month ago and it worked out pretty good.
newbie
Activity: 15
Merit: 0
November 03, 2017, 03:59:31 AM
#12
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 beg to differ, I have stated trading when btc was 5000 i buy that rate.
Then jp sucks and make it 3000.
That period was over and now i am at profit.
In btc one thing i learn,if you hold you will not instantly but eventually.and thats the beauty.
hero member
Activity: 658
Merit: 505
November 03, 2017, 03:55:27 AM
#11
Panic is wrong word in every of these combinations. Panic motivated seeling or panic motivated buying are both bad because they are ran by emotions and not by rational decisions. If you don't keep your cool head it's very likely that you will make some mistakes and probably lose money. But contoling emotions could be trained and if you have plans for serious trading business this is something you should do.
sr. member
Activity: 519
Merit: 250
November 03, 2017, 03:50:33 AM
#10
Panic selling is when you hold something that has value in the past but then suddenly the value were dropped and demands will become low and you don't know what to do and you heard people they're also dropping before it's too late and while it has small value in it.
Panic buying on the other hand is when the demand is very high and while it is still available and you're thinking in due time you can sell or trade it with higher value and you'll have your profit.
Bitcoin is just like this way, before people were selling their Bitcoin because they thought they're nothing to do with it but today people are buying because this is one of the most profitable investment that offers huge return of investment.
newbie
Activity: 10
Merit: 0
November 03, 2017, 03:34:09 AM
#9
Damn, i used to trade stock, been out the game so long...the panic sell caught me hahaha
sr. member
Activity: 322
Merit: 252
November 03, 2017, 03:32:20 AM
#8
Panic Buying is really bad for Long term investment. In my opinion if you really want to "Panic Buying" Make sure that you know that the price flow is in the middle or start up of Uptrend which could help you to gain profit easily with much a lesser risk.
Panic Selling is also risky but Panic Buying is more riskier than Panic Selling.
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