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Topic: People are panic buying right now! - page 9. (Read 2043 times)

member
Activity: 952
Merit: 27
August 11, 2021, 09:17:27 AM
#68


it has become the behavior of those who have a panicked soul. when the price starts to rise rush to buy and when the price fluctuates a little immediately panic again rush to sell again. they belong to the category of amateurs in the investment business and people do not dare to take risks in investing.
That's true they are the ones who are investing without the risk they want quick profit and they are going to take it, even if they made the wrong decision they are like a piece of dominoes just following what's trending and what the whales are doing, they are like pawn because they only go with the flow unfortunately there are so many of them in the community.
sr. member
Activity: 2338
Merit: 365
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August 12, 2021, 02:15:40 AM
#68
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 always do, buy when the market is green...

the crypto market is still filled with those who only follow fomo. the best time to buy is when the market is dip, but they don't do that because they don't have the knowledge and belief in Bitcoin. but those who buy btc at this time can be said to be quite lucky because the price of bitcoin has not reached $ 100k.
hero member
Activity: 2968
Merit: 687
August 11, 2021, 06:56:51 PM
#67
Well most of the people are really panic buying right now. I think it is a very late action, but it is better than nothing, I am also not buying that time, but for now I will buy few amounts and I really do hope that btc will continue to rise up high before this year end. It is a little bit risky right not but I believe that risk comes with a profit if we didn't take the risk we also didn't earn and that's what crypto is.
Why cant people do consider out on panic buying when market is already down or in red mode? People do really love to jump in when its gradually increasing without even thinking that they could really

make more profits if they had just able to get in earlier or when the price is still cheap compared to the current time.It isn't surprising though because majority would be having the same thoughts.

They cant really just dive in because the market could go down even more but if you are already having some experience then you would rather see this as an opportunity.
full member
Activity: 1140
Merit: 103
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August 11, 2021, 06:31:49 PM
#66
Well most of the people are really panic buying right now. I think it is a very late action, but it is better than nothing, I am also not buying that time, but for now I will buy few amounts and I really do hope that btc will continue to rise up high before this year end. It is a little bit risky right not but I believe that risk comes with a profit if we didn't take the risk we also didn't earn and that's what crypto is.
hero member
Activity: 3164
Merit: 675
www.Crypto.Games: Multiple coins, multiple games
August 11, 2021, 12:44:48 PM
#65
When the market is going down, people are panicking and they want to sell all of their holdings because they don't want to incur more losses.
When the market is going up, people are panicking and they want to buy whatever spare money that they have because they don't want to left by the wave.

For those investors who are doing those 2 things that I said above, I think it would be better if you will just not invest at all. Investing out of emotion is really a bad thing to do. Don't ever invest just because you feel that you need to and at the same time, don't cut losses because you are scared to see those portfolio of yours down double digit percentages. For those people who hold or at least bought at near $30,000 like me, I would say congratulations to all of us Smiley EZ profit Smiley.
The main logic has always been "buy low, sell high" and anyone who doesn't do that is a loser. I have seen many many people like what you said, there are tons of people who buy when it is going up and sell when it is going down, it is really not a bad thing for any of us because we always need people who will sell to us when we want to buy at low and buy from us when it is high. I have to be fair and say that I do not sell at high neither, I should do that I know but I just do not like selling my crypto, I usually hold it, but at least I am not selling at low neither, I am just not selling at all.

However that doesn't mean that we should not be focusing on those who make a mistake of buying/selling at wrong places. What we should however focus on is the fact that if we follow "buy low/sell high" method then we are going to out-profit all of those people.
legendary
Activity: 2758
Merit: 1228
August 11, 2021, 07:19:36 AM
#64
The real traders and investors won't have such a kind of mindset that is why they mostly succeed and are in profit. They keep themselves calm and acted seriously.

If they are not in profit they are in break even that's why we cannot see the experience trader crying on their losses in trading since they still manage their portfolio by doing something good decision regarding on how market turns at the moment.

Emotions are a great enemy that is hard to control, like panicking is mostly what we feel especially when we don't have trust in crypto and ourselves. Might these buyers are in a panic to miss the train but I'm going to feel how fast they will sell when the price will start to dump. 

Its hard to defeat our emotion especially we see a huge market price fall and I can't blame to others to get panic since we know we have different capacity on how we hold things towards our portfolios.
member
Activity: 868
Merit: 63
August 11, 2021, 06:56:19 AM
#63
That's because of the mixture of hype and FOMO, now they want to get in hopefully not the halfway of the market, I just hope that the people that are panic buying right now have the patience to wait for the big profit even if the current pprices are going down. I am tired of hearing stories about buying at high price and panic selling at lower prices.
sr. member
Activity: 2254
Merit: 258
August 11, 2021, 02:27:53 AM
#62
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 always love to be on FOMO or fear of missing out, we will never run out of these kinds of people who always want to get in while the price is moving up when the right decision should be is you should be buying when the market is down, only people who take the risk are investing when the market is down, I hope the market can keep up and people keep buying we'll go on $50k this month.
legendary
Activity: 2576
Merit: 1043
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August 11, 2021, 06:13:22 AM
#62
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 is going down, people are panicking and they want to sell all of their holdings because they don't want to incur more losses.
When the market is going up, people are panicking and they want to buy whatever spare money that they have because they don't want to left by the wave.

For those investors who are doing those 2 things that I said above, I think it would be better if you will just not invest at all. Investing out of emotion is really a bad thing to do. Don't ever invest just because you feel that you need to and at the same time, don't cut losses because you are scared to see those portfolio of yours down double digit percentages. For those people who hold or at least bought at near $30,000 like me, I would say congratulations to all of us Smiley EZ profit Smiley.
sr. member
Activity: 2828
Merit: 344
win lambo...
August 11, 2021, 04:29:59 AM
#61
Then we're going to see $100k. Roll Eyes
But honestly, this is just another typical day for bitcoin that we're seeing. People are only buying when bitcoin is going up but when it's down, many of them don't feel that they should buy at that price because they think of the negative side. In result, they're in fomo and feel that there's a need to rush but the best strategy is to feel that every single price increase, you're part of it and when it's down, you knew what you have to do.

it has become the behavior of those who have a panicked soul. when the price starts to rise rush to buy and when the price fluctuates a little immediately panic again rush to sell again. they belong to the category of amateurs in the investment business and people do not dare to take risks in investing.
The real traders and investors won't have such a kind of mindset that is why they mostly succeed and are in profit. They keep themselves calm and acted seriously.

Emotions are a great enemy that is hard to control, like panicking is mostly what we feel especially when we don't have trust in crypto and ourselves. Might these buyers are in a panic to miss the train but I'm going to feel how fast they will sell when the price will start to dump. 
sr. member
Activity: 1876
Merit: 318
August 11, 2021, 03:21:36 AM
#60
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 always love to be on FOMO or fear of missing out, we will never run out of these kinds of people who always want to get in while the price is moving up when the right decision should be is you should be buying when the market is down, only people who take the risk are investing when the market is down, I hope the market can keep up and people keep buying we'll go on $50k this month.

Why did Bitcoin in 2017 get hype, then this year Bitcoin surprisingly rose to a price above $60k. It can all happen because of FOMO, these people
are always there every time Bitcoin enters a bullish trend. If we see that Bitcoin has gone up in price these days,  it is possible that FOMO has started
and there is a possibility that Bitcoin will return to $50k this month. We really have to be optimistic about the future of Bitcoin, moreover Bitcoin is
also starting to gain the trust of several institutions. Bitcoin's target price of $100k should be achievable this year.
legendary
Activity: 2394
Merit: 1131
August 11, 2021, 02:19:53 AM
#59
Didn't you all see people are still panic buying right now? Bitcoin back to $46,000 and almost all altcoin even on green because of bitcoin price pumped up.

Those who have bought bitcoin when it was above $50,000 or even on last ATH at $64,000, don't worry, it will be back and would even reach new ATH later


Those who saying this is not panic buy, f*ck off
member
Activity: 588
Merit: 12
https://i.imgur.com/3fXQC4m.png
August 10, 2021, 08:04:59 PM
#58
Then we're going to see $100k. Roll Eyes
But honestly, this is just another typical day for bitcoin that we're seeing. People are only buying when bitcoin is going up but when it's down, many of them don't feel that they should buy at that price because they think of the negative side. In result, they're in fomo and feel that there's a need to rush but the best strategy is to feel that every single price increase, you're part of it and when it's down, you knew what you have to do.

it has become the behavior of those who have a panicked soul. when the price starts to rise rush to buy and when the price fluctuates a little immediately panic again rush to sell again. they belong to the category of amateurs in the investment business and people do not dare to take risks in investing.
legendary
Activity: 3122
Merit: 1102
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August 10, 2021, 05:32:22 PM
#57
Then we're going to see $100k. Roll Eyes
But honestly, this is just another typical day for bitcoin that we're seeing. People are only buying when bitcoin is going up but when it's down, many of them don't feel that they should buy at that price because they think of the negative side. In result, they're in fomo and feel that there's a need to rush but the best strategy is to feel that every single price increase, you're part of it and when it's down, you knew what you have to do.

strategic investors would buy when it is at dip. because if you truly believe the capability of btc, you know that it will rise its price again and again. it may suffer correction from time to time but that's what normal market supposed to do. though you don't know when but the market is already established and as adoption grows stronger, it will be a very good basis why it will continue to make history in the market. don't know what is the reaction of those spectators who are aiming for btc to go below 20k. i suppose that's far from happening atm.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
August 10, 2021, 05:23:10 PM
#56
Then we're going to see $100k. Roll Eyes
But honestly, this is just another typical day for bitcoin that we're seeing. People are only buying when bitcoin is going up but when it's down, many of them don't feel that they should buy at that price because they think of the negative side. In result, they're in fomo and feel that there's a need to rush but the best strategy is to feel that every single price increase, you're part of it and when it's down, you knew what you have to do.
sr. member
Activity: 1484
Merit: 277
August 10, 2021, 05:17:55 PM
#55
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!

The frustrated buyers are now ranting to own btc, and what I analyze further was because of predictions that started to state about $100k target this year. Technically this was gaining more interest and I guess everybody really bound to be more positive this time after 50% downfall, then eventually goes back to $45k which is so amazing to see.
hero member
Activity: 2660
Merit: 651
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August 10, 2021, 04:24:27 PM
#54
A lot of naive investors will always have the FOMO whenever the market uptrend momentum is strengthening whereas they ought to have accumulated when the market is in the downtrend condition but despite the positive trend of the market I believe we're in the last appearance of this year bullish market.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
August 10, 2021, 02:41:18 PM
#53
Let people do whatever they want to do, it has been an insane past 1.5 years, with pandemic and an increase in crypto that is surreal, we should not really judge anyone doing anything. Sure it looks like there is an overbuying going on right now and the price is having a bit hard time keep going up, but look at altcoins they are doing fine for example.

I am not really worried about doing anything excessive, I feel like we should be doing quite fine for now and I am not worried about anything in the future just because some people bought a bit more than they should. I understand that we are not really seeing those 60k+ just yet, but the path for that goes through from these prices and standing here as long as we can, who could say that we can't really see those prices or can't say here? Sure we may go down, that is always an option, but we may go up as well.
hero member
Activity: 2730
Merit: 632
August 10, 2021, 02:38:38 PM
#52
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!

I regret that the FOMO phase/bull run started so soon.I wish I could hoard more Bitcoins at a price below 40K USD.I wish the stagnant market could continue for at least several weeks. Sad
Those who were saying that Bitcoin will end are most likely bulls,who wanted the BTC price to drop way below 30K USD,so they could buy cheap BTC.Many "bull" traders were secretly spreading FUD during the spring.
I hope that this price increase won't be another bubble.

 

To hard to enter right now as many people are getting hype with current market condition so maybe I will try to spot the best time to enter and just watch the chart for a while since I don't want to get FOMO on certain situations, also I don't want to bag hold for long time since doing this is not ideal as I'm not a whale. I also hope that this is not a bubble and we can see more price stretch on next couple of months.
Same words that we do really hear off often on where people do mention on buying on the right time or when the market is already on red or dip but when that time happens then uncertainty and doubts
is there and still having that decision to wait even more for possible lower prices which its just a normal reaction to have and either way neither some fud or fomo people do have that common reaction
where they do tend to dive in and tend to wait for the right time because humans are most of the time perfectionist when it comes to things without even realizing that the market is way too unpredictable
for you to guess on whats the perfect bottom and whats the perfect peak spot.
legendary
Activity: 1932
Merit: 1757
August 10, 2021, 01:03:04 PM
#51
This is another FOMO for people, not a different thing than that. People see that Bitcoin price is increasing like hell and the other people buy Bitcoin more and more. So, they start to feel like they will miss out a golden opportunity if they don't buy immediately. This feeling affects these people so much that they also start to accumulate Bitcoin suddenly also.

But I must say that FOMO is absolutely not a good thing to do. It might cause you to lose incredible amount of money after some time. People who FOMO are mostly panic-sellers as well according to my observations. They don't destroy only themselves. They harm the other investors also. Because when they start to sell a very high amount of money, it just destroys the market also. And the price starts to have difficulty in staying at its current level as the resistance is weakening. This leads to even a big dump sometimes.
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