People are panic buying right now! - page 4.

carlisle1

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Quote from: rahmatrf331 on September 06, 2021, 10:22:31 AM

I've seen a lot of people like what you said, there are a lot of people who buy when the price goes up and sell when the price goes down, actually not a bad thing for all of us because we always need someone who will sell.
The main logic is always "buy low, sell high" and anyone who doesn't do that is a loser. i don't sell high either, i have to do that, i know but i don't like selling my crypto, i usually hold it, but at least i don't sell low either.

Anyone who failed to meet the right timing will lose their opportunities to earn from this type of business,

So easy to say that buying low and selling high is the best practice but the vast majorities are doing the opposite, instead of buying low selling high
they are buying at the peak thinking that the hypes will continue then sell it when dump is ongoing.

Bringing a huge amount of losses and forgetting the logic of this investment, before taking your ride make sure that you are
willing to risk your nerve volatile nature of this market would kill all your invested money.

rahmatrf331

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I've seen a lot of people like what you said, there are a lot of people who buy when the price goes up and sell when the price goes down, actually not a bad thing for all of us because we always need someone who will sell.
The main logic is always "buy low, sell high" and anyone who doesn't do that is a loser. i don't sell high either, i have to do that, i know but i don't like selling my crypto, i usually hold it, but at least i don't sell low either.

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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.

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Quote from: janggernaut on September 05, 2021, 08:34:21 PM

Quote from: newwest on September 05, 2021, 01:37:02 AM

Around 30-35k was the best price available to accumulate the btc and people had ample opportunities during that phase. But those who were skeptical are now buying at 50k price range. But for those who continued to hold or bought at that time are now enjoying their portfolio grow and will continue to grow in coming time as well. Those who are buying now, continue to do in phases rather than buying all at once.

Almost all people were afraid to buy bitcoin around that price. Many speculators also said btc will go down to $20k or even $15k but it didn't happen. Now around $50k, people are likely start to buy again which if it drop, you will buy on the peak. That's why always do DCA to buy any coin which you can think profitable

That is, during the phase of the lowest price, we only think about speculation about bad things so we are not brave enough to buy at the price of around $35k even though if we don't look at other news it won't happen but we think about fear because if there is a decline below $20k, after reaching $50k more people are now more confident buying even more now believing in speculation bitcoin could redeem 100k by the end of the year.
So it's true that DCA is very important and don't believe in something that isn't necessarily true.
But we have to be sure about bitcoin as a whole.

irsada

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Quote from: xmonkeyx on September 05, 2021, 01:16:40 AM

there is nothing wrong with buying at this time but if the reason for buying is because they see prices continue to increase and they buy with the hope that the positive trend will continue I think it will cause a lot of problems when reality does not match the wishes so the possibility of panic will lose assets to cause losses will occur because the bitcoin price market situation continues to experience very fast movements, both high and low price movements.

If the person is able to cope with the emotions and understand how this market works there is nothing to worry about. The problem is that most investing people don't understand what they're doing.

janggernaut

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Quote from: newwest on September 05, 2021, 01:37:02 AM

Around 30-35k was the best price available to accumulate the btc and people had ample opportunities during that phase. But those who were skeptical are now buying at 50k price range. But for those who continued to hold or bought at that time are now enjoying their portfolio grow and will continue to grow in coming time as well. Those who are buying now, continue to do in phases rather than buying all at once.

Almost all people were afraid to buy bitcoin around that price. Many speculators also said btc will go down to $20k or even $15k but it didn't happen. Now around $50k, people are likely start to buy again which if it drop, you will buy on the peak. That's why always do DCA to buy any coin which you can think profitable

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Around 30-35k was the best price available to accumulate the btc and people had ample opportunities during that phase. But those who were skeptical are now buying at 50k price range. But for those who continued to hold or bought at that time are now enjoying their portfolio grow and will continue to grow in coming time as well. Those who are buying now, continue to do in phases rather than buying all at once.

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there is nothing wrong with buying at this time but if the reason for buying is because they see prices continue to increase and they buy with the hope that the positive trend will continue I think it will cause a lot of problems when reality does not match the wishes so the possibility of panic will lose assets to cause losses will occur because the bitcoin price market situation continues to experience very fast movements, both high and low price movements.

Maheshkumar_Hrangkhawl

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I could see a sense of urgency form some of the experienced traders to accumulate as many coins as possible. In the recent weeks, there have been a number of rumors about big companies accepting Bitcoin. First it was Amazon (which was partially refuted by the company officials), and after that it was Walmart. And a couple of days ago, one Twitter official confirmed a data leak claiming that they are working on a Bitcoin tipping function for the users of the micro-blogging site. I will just say one thing. In the next 6-12 months, there is going to be huge leap in acceptability for Bitcoin. And who knows, this may be your last opportunity to accumulate coins at five-digit prices.

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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!

We actually see this scenario whenever Bitcoin price starts increasing at a decent or high rate. There are so many people who FOMO. They just can't help about buying Bitcoin when they see many people starting to buy Bitcoin and making profit. This is some kind of a chain actually. With the help of this also, the demand increases very highly. And it helps the price increase even easier than before as it becomes easier to break resistance levels.

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Quote from: Rajamuda on August 26, 2021, 10:30:58 PM

Panic buying sounds better than panic selling, sometimes price movements do make them out there feel regret and sometimes like getting the right predictions to get the results they want.
With price fluctuations that continue to occur as it is today, this is like a natural occurrence that makes Bitcoin more durable/long-lived and more in demand from various investors.

yes that's right, buying sell is better than panic selling. the higher the demand for bitcoin, the more pump the market price. a lot of future information benefits when people rush to invest when the market price begins to soar, so that the market price bubble is getting stronger again. don't ever think that other people regret those who fail to buy when the market price drops $30k, because always expect the market price to fall to $20k.

Pejoh Asu

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Good investors must have clear targets, buying and selling are important things to be able to determine profit targets, of course we have to buy low prices and sell high prices, on Huobii I set the selling price of bitcoin is $ 55k because I have a profit target $1500, I don't care when the price of $55k is reached the most important thing is that I don't panic when I see the price of bitcoin go up or floor.

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Quote from: Ibrahim60 on September 02, 2021, 10:29:17 AM

Panic buying and selling is bad. People who haven't enough knowledge about investing or trading, they see the bull run and used to panic sell and panic buy. Its the cause of lose money. Sometime people don't judge anything, because of greediness they buy some coin and after the market down they lost their money and going to be mad. Who have enough knowledge about investing and trading, they never used panic buy or sell.

usually beginners who are new to cryptocurrencies who experience things like that, because they usually only follow instinct and also the hype that occurs in the market without analyzing price movements before making a decision to buy or sell crypto, so that without them realizing they start to get caught between the possibilities in the event of a loss, I think as a trader we should be able to analyze market conditions and also some factors that might affect the crypto we buy so that at least we can make the right decision to enter or not on the market.

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Quote from: Ibrahim60 on September 02, 2021, 10:29:17 AM

Panic buying and selling is bad. People who haven't enough knowledge about investing or trading, they see the bull run and used to panic sell and panic buy. Its the cause of lose money. Sometime people don't judge anything, because of greediness they buy some coin and after the market down they lost their money and going to be mad. Who have enough knowledge about investing and trading, they never used panic buy or sell.

Unfortunately things are never so straightforward, even if you have great knowledge about trading and you know everything that you must do that does not necessarily means that when the time comes you are going to do what your strategy wants you to do, this is why it is called panic selling and panic buying, people let their emotions to take control of them and then act on them, and as a result they buy or sell at terrible levels and regret their decision but if faced with those circumstances yet again they will make the same mistakes.

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Quote from: STT on August 27, 2021, 06:59:20 PM

People who panic to buy, panic to sell also I figure so I'm waiting to see weakness tested. Lows this week were about the 200 day average which is an indicator not support by itself, we'll see if that was enough to end any negativity going forward.

This is just an idea but if we are to close below the trend (weekly closing bars) and it proves significant then we should move down more then just a little. Of course BTC always wants to prove me wrong or quite simply go sideways for extended periods of time which is about the same thing.
I'm told markets can correct not only through price but also through time meaning a trade can just out last out all speculators and eventually go upwards anyway despite displaying weakness at some time previous. Thats because many buyers deliberately spread out their buying to avoid spiking the market. Anyhow I think we remain strong but I want to watch for this break scenario just in case.

Panic to buy and suddenly... things get worse to fall even more than what most people anticipated.
there is a lot of institution with huge cash recently and thats a huge concern for me , the sudden freefall could possibly happened soon ... i pretty curious about this as when people expecting a quick and high hopes in bitcoin .. sometimes its a golden times for those who have been in green area profiting from the last dip to sell at tops and that time is now.

beware just beware it's a trap!

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Quote from: Ibrahim60 on September 02, 2021, 10:29:17 AM

Panic buying and selling is bad. People who haven't enough knowledge about investing or trading, they see the bull run and used to panic sell and panic buy. Its the cause of lose money. Sometime people don't judge anything, because of greediness they buy some coin and after the market down they lost their money and going to be mad. Who have enough knowledge about investing and trading, they never used panic buy or sell.

This means that they never want to be patient by waiting for something right in the market, sometimes panic occurs due to FOMO or being dumped, that's people who have no ability with themselves in the market so that when there is a slight movement their hands will click on it to sell and panic at the same time. pumping occurs.

I don't know what should happen but we have to get used to the market situation that is moving then that will be the way of our experience in trading, I never deny whether it will be like this or not.
But there is a saying that if you hold back you can get rich, maybe that's a solution for those who like to panic.

Ibrahim60

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Panic buying and selling is bad. People who haven't enough knowledge about investing or trading, they see the bull run and used to panic sell and panic buy. Its the cause of lose money. Sometime people don't judge anything, because of greediness they buy some coin and after the market down they lost their money and going to be mad. Who have enough knowledge about investing and trading, they never used panic buy or sell.

STT

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I believe BTC has some trend failure and now also momentum failure over the last few days. I'm wondering if it can resolve itself without price correction just over time going sideways but really i think we do need to settle lower and find volume buying to challenge this amount of (potential) speculative profit taking. Its not a serious sell but quite normal to occur, I put in some Fib retracement levels as a guide and it fits previous possible support areas also

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Quote from: Fatunad on August 27, 2021, 06:49:27 PM

Quote from: BuNga_cute on August 27, 2021, 06:39:29 PM

Quote from: TheGreatPython on August 25, 2021, 01:33:45 PM

Quote from: BuNga_cute on August 24, 2021, 03:28:32 AM

~

Sometimes we don't appreciate what Bitcoin has achieved this year, I agree don't be too obsessed with the $100k price. Even if the $100K goal failed
to reach this year, it will someday be achieved. And it doesn't mean Bitcoin is bad if it doesn't reach the target we want. Because as long as we can
make a profit from investing in Bitcoin, that's something to be grateful for. As long as Bitcoin is still on the right track as it is now, I believe holding
Bitcoin is a profitable thing to do.

Normal for people do have this kind of common impression which we arent really that grateful on things that we had achieved now.If we do really compare those past prices then we could really
tell that we have reached too far but im not surprised that people wont really be that contented into those numbers that we are seeing as of this moment. Reactions and actions would be
made will be basing into their own perception and views towards things and this is where people do have different takings towards their investment
Some do panic buy and some doesnt really care at all.

The fact is that humans are creatures who are never satisfied, so no matter how high the achievement of Bitcoin is, there will be many people who
want the price of Bitcoin to rise even higher. I agree with you, if we compare the price of Bitcoin the previous year, it is very far from the price of
Bitcoin today. But many people are not grateful for the profits they make now, they want to make even bigger profits. In fact, I have found that
some people risk everything to invest in Bitcoin, without them thinking about the risks they will face. Finally, when the price of Bitcoin started to
rise near the price of $50k, I saw panic buying occurred, therefore the price is now stable above $45k. This is actually a positive thing to buy Bitcoin,
but it's best to invest in Bitcoin only using the extra money we have. Because we will never know whether Bitcoin will continue to rise or correction first.

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Quote from: stadus on August 30, 2021, 02:45:09 PM

Quote from: coin-investor on August 29, 2021, 04:38:17 PM

Quote from: Dread Pirate Roberts on August 26, 2021, 05:09:48 AM

when the price starts to bull market, there must be panic buying in the market. and vice versa when the price starts to fall repeatedly, the fomo will also be on the market. in my opinion, it is this habit that makes people greedy in determining their trading style. if I myself because I have decided to invest and trade long term so stay relaxed looking at the market.

People especially newbies have a FOMO mindset they don't want to be left behind they are more confident in buying when the price is going up instead of buying when the price is going down when the best advice is to buy cheap and sell low, but they don't want to be positive when the market is going down, they don't want an opportunity to make a future profit and it will only happen when the market is in bear.

That usually results in a loss based on my experience, I also once was a newbie that has no idea the real situation inside the market, and just learn to be more patient and play the game right because I learn from my experience, so maybe they will learn from their mistakes not to be too emotional when it comes to investing, always use the mind as FOMO is always a great opportunity to sell, not to buy.

The more you do engage with the market the more learning you would get and this is where people do really make even more better as the days comes on.We dont start up on being a pro
directly on dealing up with new things.

There are really just people do make out actions due on being a noob but those would later change out as you do gain knowledge along the way.

When it comes to panic buying which is simply a FOMO then this is something that nothing rare on this market.

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