People are panic buying right now! - page 11.

crzy

full member

Activity: 2128

Merit: 180

Quote from: janggernaut on August 09, 2021, 06:11:24 AM

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

They are not panic buying, they are just buying because they see an opportunity to make money, if there’s a panic buying then we should be on the price of $50k already. This is normal, every time the market recovers people will come and buy again because they believe the bull can happen and the correction was done already.

cryptoknightt

sr. member

Activity: 1188

Merit: 251

This cannot be said to be a panic buy. Indeed it is time for Btc to rise again. Maybe because Fud has been reduced from influential people. And for me this is still a bullish year for Btc, until the end of the year I really believe it will continue to rise.

sunsilk

hero member

Activity: 3038

Merit: 634

It is going to stabilize it again just as the usual that we always see after seeing some quite good pumps.

If people are in FOMO, it's scarier than the usual run that we want to see so that every gain that bitcoin reaches, it's going to be sustainable for a longer time.

And it's going to stay at those better prices longer.

YuginKadoya

legendary

Activity: 3038

Merit: 1169

Well Bitcoin is not totally back in its current position, but I guess we can not call it a bull market yet, but the price is increasing slowly but surely, and the FOMO is buying while the price is increasing if this keeps up, the price will increase in a premature manner, but maybe the price is increasing because of the hype of the NFT games, and Defi games, right now we are in the age of the crypto game era, last time I check even though Bitcoin price is in the stasis, crypto games are doing well and increasing smoothly because of its own economy, and you guess it right when there a hype there is FOMO every where.

tygeade

legendary

Activity: 2086

Merit: 1058

This is not "panic" buying, this is just a hype, it happens all the time in the crypto world, we see these kind of increases at all times. I have seen it a million times before when the price of a coin goes up, people end up buying even more of it and it continues to go up. However do not believe for one second that this will be forever, it will eventually be going down again, we have seen 4k in march of 2020 and seen 64k in may of 2021, nearly a year difference and 16x increase, did that kept going up? Of course not, eventually it started to go down and the price was under 30k just a few weeks ago.

This is basically what we should be looking at, just the fact that bitcoin price is going up right now should not make us happy and forget about the falls, we should be focusing on what could happen. I personally hope for the best, but I am getting ready for the worst as well.

jakdanyel

sr. member

Activity: 1666

Merit: 304

kycfree

This is called FOMO and it is not a good thing actually. Because people will always continue to buy until the price stops climbing. And if the price dumps again, people will make a huge loss. Instead of doing this, people should have a roadmap for themselves. They should plan all of their investments and abide by the rules or goals they set. This is the best way to manage our investments I think.

Review Master

sr. member

Activity: 1456

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BitByte Crypto: https://link3.to/bitbytecrypto

Starting of a correction, every users be like: "It's the end of bitcoin and no more rebouding or bullish rally" When correction is done and bitcoin started to surge back to it's previous position, every users than: "Buy more as bull run, still on the way" . Grin

Those users who get into fomo, can't be satisfied whether it's bullish rally or correction time. So be a diamond hand hodlers and don't fall for any traps even it sounds like an another bullish rally or not. In the long run, panic users won't get anything except losses. Wink

7788bitcoin

legendary

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Quote from: janggernaut on August 09, 2021, 06:11:24 AM

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.
LONG LIVE BITCOIN! TO THE MOON!

When the market goes down the sentence will be polar opposite and everyone starts crying about the market, the market will move in either directions and even if the market went down anyone with a common sense will know that the market will rebound in the future, it might not happen immediately but eventually the market will move up and i wont be surprised if we see any minor correction yet again.

Frengki_cisco

member

Activity: 790

Merit: 44

Quote from: janggernaut on August 09, 2021, 06:11:24 AM

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

Negative news that makes them panic-supposedly-think crypto has risks and challenges-a way for someone to be patient in investing-trading.

Only brave and thinking people can produce the highest profile of Bitcoin-the rest are timid, doubtful and don't believe in themselves, what they are doing.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: janggernaut on August 09, 2021, 06:11:24 AM

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

What can I say those people never learn, a great deal of those that have been here for a long time are always recommending people to buy the dip and tell them that bitcoin has the tendency to go down in value from time to time but it always recovers and you can make profits as long as you hold your coins, but they never listen, they sold their coins at the lowest possible point and now they are buying at a high point, now I will not have a problem if they held their coins as they will still make profits if they buy at the current levels, but someone making those kind of movements has a very low chance of doing something like that.

sana54210

legendary

Activity: 3346

Merit: 1128

Quote from: janggernaut on August 09, 2021, 06:11:24 AM

Haha now people are panic buying now as you can see bitcoin price already bounce back from $43,000 and back to $45,000 now just within a day. Those who saying bitcoin already end when it was fallen to $30,000 will regret it to didn't buy on that time.

LONG LIVE BITCOIN! TO THE MOON!

Panic buying is not usual term we do have for this kind of behavior of markets which is usually termed as FOMO.
But, I guess it would be too early to assume about the phase of FOMO in bitcoin markets because we just recovered from more than 50% correction and slowly entering into stronger bullish mode and only after market jumps all resistance levels usually FOMO will get into actions.

When everyone is looking to get in at possible cheaper prices then obviously it would be right to assume always FOMO is in action. In that sense, we can say that right now bitcoiners are trying to catch lower prices which takes markets to new high in short period of time itself.

stadus

legendary

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Hhampuz for Campaign management

When there's positive news, it makes the market bullish, and definitely people will buy.

With the big percentage of increase in 1 week, I can tell that there's a bullishness happening now, and bitcoin could easily jump up to $50k we already witness it happen before. Let's ride with the flow, who knows in just a very short period of time, a new ATH will be witness again.

Raflesia

hero member

Activity: 2282

Merit: 560

_""""Duelbits""""_

Some panic will definitely follow FOMO.

I think if people are sorry for always delaying buying when the price is low and when the price is pumped again then it will be confusing whether it's right to buy or just waiting for it to go down again so this will be nervous if they still can't buy at the price that fits.

Never mind I will enjoy how bitcoin will soon reach ATH in the near future.

bitzizzix

sr. member

Activity: 2590

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Enjoy 500% bonus + 70 FS

Incidents like that will not just go away because there will always be new investors or beginners who buy when prices tend to rise and this happens because they are afraid that it will be too late to make a profit.
and actually it has become commonplace, and such actions are wrong and the risk is big because they can't think far if the price suddenly drops drastically, and if they believe the price will reach 100k it's okay they just miss the opportunity the price is still 30k

onecall123

sr. member

Activity: 2156

Merit: 323

In terms of buying it or selling it, people are always in panic mode. It looks like these things will never change. BTC has passed over $45K and is still performing well. Looks like BTC is about to break $50k and take the entire crypto market with it. At the moment, BTC is experiencing a massive buy. Anyway, Bitcoin needs to hold above $45K, yet $48K resistance is coming. I am a little FOMO to make a purchase, since the overall market scenario is bullish.

Furious 7

hero member

Activity: 2856

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https://duelbits.com/

Calm enough to have bought under $35k and now how to feel quite a big bullish now it has reached $46k wow really impressive after seeing the market the price immediately jumped, the market is so friendly guys

There must be panic about FOMO being pursued, there must be confusion whether it is necessary to buy now or correct it again?
A confusing choice but I think it's time to be bullish and enjoy the results.
$50k in the next few believe me on that.

Kusman

member

Activity: 756

Merit: 17

People are in a rush to buy Bitcoin as there has been a huge increase in the price lately. They don't want to miss the opportunity to make a nice profit. Of course, we don't know until when this rise will continue. But to me, it doesn't seem like this great run will end very soon. And it wouldn't be surprising to see a new all-time-high level in this year.

rahmatrf331

member

Activity: 588

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https://i.imgur.com/3fXQC4m.png

We have said before that there is no more bearish period, now there is a bullish period. we are now at $45,000, maybe in a few days we will break $50,000. hurry up and buy it before you miss it and regret it later. Don't ever talk about $30,000 again, because we're already at $45,000. the whales have departed, the bear market is already packed with stakeholders, so you may be at the end of the corridor.

STT

legendary

Activity: 4102

Merit: 1454

We didnt reach extreme panic, that counter is a bit off. That was always a normal decline and pullback relative to the rise. I dont really trust when people feel obliged to buy because of a price, it'll sell off when they are pressed in any way similarly by price again. I'm way more for the gradual more certain regular rise of people who buy to utilize BTC in some way, the ways of speculation might be more spectacular but its also not the true backbone to what makes the market.
I dont think we reached the bottom price on the recent lows, it was negative but dont think it went so far as reaching the bottom price of just regular users rather then speculators. Not too surprising, we have excessive amounts of dollars from politics spending out of control, it wont always be this easy.

janggernaut

legendary

Activity: 2394

Merit: 1131

Hahaha panic buy panic buy....

$46,000 now, regretting because didn't buy when $30,000???

Topic: People are panic buying right now! - page 11. (Read 2051 times)