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Topic: People are panic buying right now! - page 2. (Read 2051 times)

hero member
Activity: 3066
Merit: 629
20BET - Premium Casino & Sportsbook
October 17, 2021, 05:44:34 PM
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It's the same in the past that we kept telling people that it's not late to buy. And then there's the sudden rise and they still think that it's too late and quite expensive already. There is nothing we can do about it already if they don't want to buy and they're done because they only look at the price but don't have a clear plan in the long term for having bitcoin. The long-term holders like me will always win at the end regardless of how much it is currently.
The cryptocurrency market gives everyone the opportunity to take their positions and there is no point in crying out that they missed the opportunity to invest when the price is down.
There is really no point in just crying about the situation but that's what's happening and they can't stop themselves doing so.

I will not invest when the market is rallying, even though i did not execute my plans like i wanted due to the pandemic i did not invest heavily after the market started rallying.
That's much better. You have some things to consider and you just can't keep on buying things that you're not in need of. But as for buying bitcoin, it's an asset that you can keep and whether you buy it now and just hold, there's so much value that will be seen for itself to grow year after year.

I am also a long term holder and hence i do not want to take position and invest further thinking about a quick profit.
You may add up if you want and just keep the chill while the market keeps on showing high volatility.
legendary
Activity: 1512
Merit: 1005
October 17, 2021, 05:38:23 PM
This is the mistake of most people, panic selling and panic buying so they get expensive prices when buying and lose when selling, investors must have a good analysis to determine when to buy so they don't get expensive prices, after panic buying at high prices now then hold and don't never sold at a loss.

Everything you wrote is true. However, you forgot that people usually invest too much in the expectation of big returns. When emotions are involved, mistakes are made. Therefore, you must not invest so much money that can affect your emotions and perceptions.
full member
Activity: 1162
Merit: 106
October 17, 2021, 05:11:41 PM
This is the mistake of most people, panic selling and panic buying so they get expensive prices when buying and lose when selling, investors must have a good analysis to determine when to buy so they don't get expensive prices, after panic buying at high prices now then hold and don't never sold at a loss.
hero member
Activity: 2996
Merit: 609
October 17, 2021, 04:55:17 PM
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It's the same in the past that we kept telling people that it's not late to buy. And then there's the sudden rise and they still think that it's too late and quite expensive already. There is nothing we can do about it already if they don't want to buy and they're done because they only look at the price but don't have a clear plan in the long term for having bitcoin. The long-term holders like me will always win at the end regardless of how much it is currently.
The cryptocurrency market gives everyone the opportunity to take their positions and there is no point in crying out that they missed the opportunity to invest when the price is down. I will not invest when the market is rallying, even though i did not execute my plans like i wanted due to the pandemic i did not invest heavily after the market started rallying. I am also a long term holder and hence i do not want to take position and invest further thinking about a quick profit.
Taking your position is something that cant really be just easily be done which it is really a normal thing and the hardest part of all when you do make out some investment and since this market is way too unpredictable

then its up to your own knowledge and awareness on how you do make your actions basing up on that one.Panic buying is a very common scenario specially when the market is really on running bullish.

People dont recognized or tend to buy when it is still on deep reds but somehow this is a common behavior since we would be always on doubts on making out some actions.
hero member
Activity: 2002
Merit: 535
October 17, 2021, 04:21:42 PM
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It's the same in the past that we kept telling people that it's not late to buy. And then there's the sudden rise and they still think that it's too late and quite expensive already. There is nothing we can do about it already if they don't want to buy and they're done because they only look at the price but don't have a clear plan in the long term for having bitcoin. The long-term holders like me will always win at the end regardless of how much it is currently.
The cryptocurrency market gives everyone the opportunity to take their positions and there is no point in crying out that they missed the opportunity to invest when the price is down. I will not invest when the market is rallying, even though i did not execute my plans like i wanted due to the pandemic i did not invest heavily after the market started rallying. I am also a long term holder and hence i do not want to take position and invest further thinking about a quick profit.
hero member
Activity: 3066
Merit: 629
20BET - Premium Casino & Sportsbook
October 17, 2021, 10:54:29 AM
It's still not too late if you want to buy bitcoin right now even though the price is already high. Bitcoin price will experience bullish throughout this year. Since the purchasing power of bitcoin will still be high for some time to come, there are several factors driving the demand for bitcoin. One of them is policies in developed countries that loosen cryptocurrency regulations as a stimulus measure to deal with the global crisis.
It's the same in the past that we kept telling people that it's not late to buy. And then there's the sudden rise and they still think that it's too late and quite expensive already. There is nothing we can do about it already if they don't want to buy and they're done because they only look at the price but don't have a clear plan in the long term for having bitcoin. The long-term holders like me will always win at the end regardless of how much it is currently.
full member
Activity: 1189
Merit: 107
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
October 17, 2021, 09:25:48 AM
It's still not too late if you want to buy bitcoin right now even though the price is already high. Bitcoin price will experience bullish throughout this year. Since the purchasing power of bitcoin will still be high for some time to come, there are several factors driving the demand for bitcoin. One of them is policies in developed countries that loosen cryptocurrency regulations as a stimulus measure to deal with the global crisis.
STT
legendary
Activity: 4102
Merit: 1454
October 15, 2021, 12:41:19 AM
Good volume on the rise, going through resistance with higher volume then previously helps confirm the move.   Still has to develop further then this and will take more time but on the first 4hr bar its above this possible ceiling from prior major price action in 2021
legendary
Activity: 3472
Merit: 10611
October 15, 2021, 12:05:06 AM
I remembered there were few people said they don't care about ETF anymore, but this is the huge FOMO right now because of that ETF.
That is your assumption and I disagree. SEC has rejected too many ETFs that if they accept one it would be surprising. Rejection is expected so it shouldn't affect anything. A small group of people starting to hype up yet another dumb news doesn't mean people suddenly started caring about it.

The rise also started a long time before the news about this new ETF started circulating the internet so you can't say it is because of it!

Quote
GREED
Actually greed was when they sold their bitcoins at the bottom thinking price would fall lower and they could buy a lot more!


P.S. I'd argue that the actual FOMO hasn't started yet. Let price surpass $60k and then there is a good chance that we start seeing real FOMO then.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
October 14, 2021, 11:44:36 PM
People are really panic buying right now as SEC might be likely approve bitcoin ETF.

I remembered there were few people said they don't care about ETF anymore, but this is the huge FOMO right now because of that ETF.

https://alternative.me/crypto/?daily_hash=087d6c83664f7ff1ba1bebdd1b780ccb0ce1e691

GREED

They don't care about the ETF anymore, but they cared and panicked buying when Bitcoin starts rising, and that's mainly because of the ETF approval from the SEC. Well, that's kinda ironic to hear.
I'm not gonna be surprise If Fear and Greed index will climb to 75 or more in the next coming days.
Bitcoin could as well breakout to another ATH just before October ends.


Very possible if the same momentum continue, this rise is not just because of ETF approval but there are other influenced that creates this fomos, people who don't want to lose their chance are rushing to buy in hope that the market will favor them, greed or an instinct following the experience each time Bitcoin start to pump.

Be very furious not to allow yourself fomoing and lose your money, there are other possible sides that this market will go, be careful.
hero member
Activity: 2814
Merit: 553
October 14, 2021, 11:28:56 PM
People are really panic buying right now as SEC might be likely approve bitcoin ETF.

I remembered there were few people said they don't care about ETF anymore, but this is the huge FOMO right now because of that ETF.

https://alternative.me/crypto/?daily_hash=087d6c83664f7ff1ba1bebdd1b780ccb0ce1e691

GREED

They don't care about the ETF anymore, but they cared and panicked buying when Bitcoin starts rising, and that's mainly because of the ETF approval from the SEC. Well, that's kinda ironic to hear.
I'm not gonna be surprise If Fear and Greed index will climb to 75 or more in the next coming days.
Bitcoin could as well breakout to another ATH just before October ends.
legendary
Activity: 2394
Merit: 1131
October 14, 2021, 10:33:15 PM
People are really panic buying right now as SEC might be likely approve bitcoin ETF.

I remembered there were few people said they don't care about ETF anymore, but this is the huge FOMO right now because of that ETF.

https://alternative.me/crypto/?daily_hash=087d6c83664f7ff1ba1bebdd1b780ccb0ce1e691

GREED
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
October 13, 2021, 12:36:40 PM
Well, seeing the market as it is behaving, the price may be increasing, however for now in the short term an acceptable price level can be established to protect itself, between $ 53k- $ 55k, it is what they recommend the most, it is known that when reaching a level of almost $ 58k if it does not go up more, the offer would be higher, which can bring a wide retracement, I think this is the fear of many, however this analysis is very good:

Bitcoin Price Analysis: BTC Enters Near-Term Pullback, Is Local Bottom Found?



Quote
Despite light distribution near term, the overall trend in fundamental and on-chain remain firmly bullish as the majority of cohorts remain in accumulation. The bulls must hold the $50k to $55.3k support zone to help BTC form a higher low and continue the technical breakout.
Source: https://cryptopotato.com/bitcoin-price-analysis-btc-enters-near-term-pullback-is-local-bottom-found/

In case the price goes down, I would not despair, it has already given indications of continuing to rise, it is likely that we can expect a good rally, otherwise I think the most reasonable thing is to do Hodl ..
member
Activity: 434
Merit: 10
October 13, 2021, 09:19:27 AM
Bitcoin again refueled from $57k down to $55k. many investors are rushing to buy and not waiting for a price correction again, because bitcoin will break through a big price within the next two months or more precisely in early December this year. Investors had panicked to buy bitcoin, because they previously expected bitcoin to correct again below $40k, but bitcoin was pumping higher.
member
Activity: 588
Merit: 12
https://i.imgur.com/3fXQC4m.png
October 13, 2021, 09:02:22 AM
It is always happening, if the price of btc starts to rise most of the investors are doing panic buying because they want to earn a big profit in a short period of time, so it is not new to us. Bitcoin is now rising so people will surely do panic buying but for me I will wait for the next correction before buying because it is not risky if we buy on dip than buying on bullish market.

if you buy bitcoin at the next price correction, you will most likely have to buy at the current high. bitcoin is on a bull run and will probably break the $70k market price in the not too distant future. when the market price is corrected again, it might go down to $65k instead of going down to $38k like last month.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
October 12, 2021, 10:12:56 PM
It is always happening, if the price of btc starts to rise most of the investors are doing panic buying because they want to earn a big profit in a short period of time, so it is not new to us. Bitcoin is now rising so people will surely do panic buying but for me I will wait for the next correction before buying because it is not risky if we buy on dip than buying on bullish market.
for some reason, when prices go up, or down, people will panic. whether it's because of panic buying, or selling. however, I personally do not recommend this. because, something done in a panic or in a hurry has a result that is not optimal. Well, I understand why they're panicking, but it needs to be controlled. so when you buy, or sell it can match your target.
Well, if you don't want to panic too much, then the coins you don't need to worry about holding on to are bitcoin, etherum, bnb, and other popular coins. in fact, yesterday the price of BNB was in the range below $400, and now the price has gone up even higher.
MiF
sr. member
Activity: 1442
Merit: 258
Reward: 10M Shen (Approx. 5000 BNB) Bounty
October 12, 2021, 09:32:32 PM
It is always happening, if the price of btc starts to rise most of the investors are doing panic buying because they want to earn a big profit in a short period of time, so it is not new to us. Bitcoin is now rising so people will surely do panic buying but for me I will wait for the next correction before buying because it is not risky if we buy on dip than buying on bullish market.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
October 11, 2021, 01:00:39 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!
people who are panic buying now have already made a profit, Bitcoin is growing very rapidly at the beginning of October, when the bitcoin price is slowly rising again I see a lot of people buying it I think it's not panic but a belief that bitcoin will rise again.

You noticed very well! Bitcoin is back in an uptrend. Of course, there will still be corrections, but I think that a positive upward trend is starting and it will last at least until the end of the year. I wouldn't say what we see now was panic buy. I think we still have to wait a month or two for the real panic of purchases.
Well I also saw the movement of the Bitcoin price and I think it is all because of the news from U.S that they never ban cryptocurrency together with some institutional investors that is now panic buying and this is maybe the factors that make the price continue rising.
It's not rising continuously, the movement is just positive because if bitcoin will remain bullish, we might see it break its current ATH and that's the real movement of a new bull run that could continue until next year. The good news does not automatically result in a pump, the market will still be weight by smart investors if it's already overvalued or not, and if it's overvalued, correction will eventually happen.
sr. member
Activity: 951
Merit: 250
October 11, 2021, 12:54:20 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!
people who are panic buying now have already made a profit, Bitcoin is growing very rapidly at the beginning of October, when the bitcoin price is slowly rising again I see a lot of people buying it I think it's not panic but a belief that bitcoin will rise again.

You noticed very well! Bitcoin is back in an uptrend. Of course, there will still be corrections, but I think that a positive upward trend is starting and it will last at least until the end of the year. I wouldn't say what we see now was panic buy. I think we still have to wait a month or two for the real panic of purchases.
Well I also saw the movement of the Bitcoin price and I think it is all because of the news from U.S that they never ban cryptocurrency together with some institutional investors that is now panic buying and this is maybe the factors that make the price continue rising.
legendary
Activity: 1512
Merit: 1005
October 10, 2021, 07:00:11 PM
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!
people who are panic buying now have already made a profit, Bitcoin is growing very rapidly at the beginning of October, when the bitcoin price is slowly rising again I see a lot of people buying it I think it's not panic but a belief that bitcoin will rise again.

You noticed very well! Bitcoin is back in an uptrend. Of course, there will still be corrections, but I think that a positive upward trend is starting and it will last at least until the end of the year. I wouldn't say what we see now was panic buy. I think we still have to wait a month or two for the real panic of purchases.
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