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Topic: People panics because the price goes down. (Read 620 times)

legendary
Activity: 1218
Merit: 1000
April 19, 2018, 04:02:39 AM
#86
And nevertheless today is a very bad attitude to Bitcoin, because because of the price drop, its popularity has also fallen. Because of this, many new investors do not want to invest their money.
What are you talking about? Do you mean bitcoin will fall now because of being lack of demand and supply? , i think you're making false pal. If you don't mind please check the price now , 'cause it seems price is stable below 8k until now .
well, it seems that he thinks that bitcoin prices always decrease. but, now the price is going up. maybe some people have panicked when bitcoin prices are declining, but right now, I think they keep the coins they have in a long time.
full member
Activity: 1064
Merit: 112
And nevertheless today is a very bad attitude to Bitcoin, because because of the price drop, its popularity has also fallen. Because of this, many new investors do not want to invest their money.
What are you talking about? Do you mean bitcoin will fall now because of being lack of demand and supply? , i think you're making false pal. If you don't mind please check the price now , 'cause it seems price is stable below 8k until now .
full member
Activity: 1204
Merit: 104
Bitcoin price is not related with holidays or season. Its live 7/24 and all depends on market trust.
And looks like people start to trust crypto again and bitcoin price is holding 8000 usd.
This i snice cause if it continue to hold 8000 usd this will lead to 20k soon.

and nevertheless today is a very bad attitude to Bitcoin, because because of the price drop, its popularity has also fallen. Because of this, many new investors do not want to invest their money.
member
Activity: 406
Merit: 36
This fact is the real, new users are often frustrated when bad conditions have hit the market and they were confused over what to do while FUD's unrelentingly spreading bad news and successfully dragging new users to panic selling.
It is normal to see them frustrated and sometimes we just cannot blame them as no one would see their investment going down hugely without emotion kicking in a little bit, but for those who really understand the market or really just see the dip as an advantage to buy more, they will act based on that knowledge, so at the end, it all balls down to how knowledgeable or ignorant they are about the market, that would help them in their decision making rather than panic.
legendary
Activity: 1162
Merit: 1008
Bitcoin price is not related with holidays or season. Its live 7/24 and all depends on market trust.
And looks like people start to trust crypto again and bitcoin price is holding 8000 usd.
This i snice cause if it continue to hold 8000 usd this will lead to 20k soon.
newbie
Activity: 160
Merit: 0
In my opinion people sell their bitcoin because the summer time approaching. Summer time is all about vacation in some family. So if they are bitcoin holders and no more enough budget then probably they will sell their bitcoin. Yah, fake news and the stop of advertising in other social media have an impact to rush rapidly their bitcoin.
legendary
Activity: 2674
Merit: 1048
Whatever the reason for the panic and whatever it is that affects it, it will continue to happen over time and lead to many opinions or predictions that affect many people. Here it is of course only the true holders who will win and stick to their beliefs. This is the natural thing.., that the fact would be still lead to the trend of price movements that reach higher prices I think.
Actually, people who save money in cryptocurrency are not fully focused on their strategy. I mean if initially, they choose long-term investment, but then they find the price weakened and eventually they will sell back the investment he has. This is not a matter of panic selling or anything up to those who sell investments when there is a notice of bad news coming. But this is entirely to save their money to create new ways to earn more profit.
legendary
Activity: 1176
Merit: 1024
I think that i am never going to understand why most people is always panicking when they see a -5%  - -10% on their portfolios, it is a waste of time and energy.

I am in down by more than a forty percent since the beggining of the year, and i am not worried because i know that everything is going to recover in a near time, maybe in some months, or in some weeks from now.
A lot of people never got to understand how markets work in general (stocks, Forex and so on) as it has been kind of restricted to the bigger investors and institutions as well as traders.

Cryptocurrency changed a lot of things and that made us to start seeing new investors and most especially the inexperienced ones hitting the market and looking for quicker ways to make money since the crypto world is easily accessible without any regulations of some sort and in that case, what else would we have expected ?
full member
Activity: 392
Merit: 100
Whatever the reason for the panic and whatever it is that affects it, it will continue to happen over time and lead to many opinions or predictions that affect many people. Here it is of course only the true holders who will win and stick to their beliefs. This is the natural thing.., that the fact would be still lead to the trend of price movements that reach higher prices I think.
full member
Activity: 397
Merit: 100
I think the only thing why bitcoin goes down its because to all new holder, They panic after the heard or they watched the news about bitcoin. The lately holder sold their bitcoin at low price. What do you think more than this guys?

Example why lately holders sell their bitcoin and its panic.
1. Because the other country banned cryptocurrency.
2. Because the social media start banning the advertisement of crypto.
3. The other famous artist or most riches people spreading that crypto is bad to take a profit.

For you guys this is true? and why?
Of course yes, people are encourage to buy and sell bitcoins depend upon the latter news they got. Sometimes, we based our action with the opinion of others. The first gossip that comes to our ears are the first thing we obey. FUD news is made to create involuntary action by hodlers. Those who are tough to hold their coins are those who have strong faith in crypto and has a deeper understanding about the bear and bull run.
That is what investors should avoid. Listening to others is pretty fine but thinking that they are honest with you and every word that we hear is truth, that is not the way of world. People do what is best for them. Therefore, one should go with his intuitions and talent. Always verify the information and then take any decision. Without knowledge, it is hard to live in crypto world.
sr. member
Activity: 882
Merit: 269
Bitcoin will always up or down depends on what actually happened. We should have this at the back of our minds that bitcoin cannot continue going up and we can not see continuously downward trend. This are impossible state. If we look at how things happen in cryptocurrency world we would understand that FUD,  panic and fear is what is actually driving price.
sr. member
Activity: 644
Merit: 253
I think the only thing why bitcoin goes down its because to all new holder, They panic after the heard or they watched the news about bitcoin. The lately holder sold their bitcoin at low price. What do you think more than this guys?

Example why lately holders sell their bitcoin and its panic.
1. Because the other country banned cryptocurrency.
2. Because the social media start banning the advertisement of crypto.
3. The other famous artist or most riches people spreading that crypto is bad to take a profit.

For you guys this is true? and why?
I do agree. Also,we really can't blame those who are panic selling and rather, we should share the information in order for them to be awared of the things to do during such situations whereas the market value of a crypto is falling. They do panic because they can see how fast and big are their possible loss when the market is falling not knowing that their amount of holdings are still the same.
I knew that everyone of us here does panicking all the time we are seeing a downtrend in the price, that is why we should always keep in our mind that if we believe we should also learn to control our emotion, let us set things as a normal and not worrying all the time with the price if when it will going to rise again.
legendary
Activity: 2576
Merit: 1252
Leading Crypto Sports Betting & Casino Platform
I think the only thing why bitcoin goes down its because to all new holder, They panic after the heard or they watched the news about bitcoin. The lately holder sold their bitcoin at low price. What do you think more than this guys?

Example why lately holders sell their bitcoin and its panic.
1. Because the other country banned cryptocurrency.
2. Because the social media start banning the advertisement of crypto.
3. The other famous artist or most riches people spreading that crypto is bad to take a profit.

For you guys this is true? and why?
I do agree. Also,we really can't blame those who are panic selling and rather, we should share the information in order for them to be awared of the things to do during such situations whereas the market value of a crypto is falling. They do panic because they can see how fast and big are their possible loss when the market is falling not knowing that their amount of holdings are still the same.
hero member
Activity: 700
Merit: 500
It will happen many times.When the new comers in cryptocurrency, see the fluctuations of price they surely will get panic and sell the valuable bitcoin at low price. Why don't you hold the valuable bitcoin.?
Panic selling always make some loss.Just hold the bitcoin till the price is rised more than a invested amount.We had invested in bitcoin to get some profit from it.
Inexperience people always get panic when then see the price felling down, as they are not familiar with the nature of bitcoin and when the see such a big fluctuation in bitcoin price it create disturbance to them and they even sell their bitcoin in panic. I think that before start trading they should first get some experience must study the market and after that they should start trading. In fact trading is not such an easy job as we consider it.
member
Activity: 350
Merit: 10
quite natural appearance, many begin to worry when their money is invested in something that was on the same level and is now declining
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
Some new investors will always respond to the market that way because they were not able to give themselves much information before even deciding to get into the market and that makes them to panic easily once the market is behaving in a erratic way that is not favoring them which if they had done their investigations well, they would have seen it as an opportunity rather than seeing it as a problem.

What we need to notice here , it is the way the whole market has always been, no matter how old they have been, so we just have to get used to it. I guess getting used to fluctuation requires lots of hard drills and that is the reason new investors are getting heart attack like panic. Over time, bitcoin market itself will settle down to make us feeling comfortable regardless of much risk we are taking with bitcoins.
legendary
Activity: 1218
Merit: 1000
well, that is a common thing, even I also often experience it. but, when I do not really need the money, sometimes I hold it, and do not panic. but for now, I think almost everyone is very excited to hold the bitcoin.
full member
Activity: 644
Merit: 107
clear! new entrepreneurs will panic if hearing negative news, we all know, at the end of last week many people who sell because of news like, twitter forbid crypto, facebook forbid crypto and many more news that make people panicked. the last holder who sells seems sorry to see the current situation, as slowly bitcoin begins to recover and rise from adversity.
hero member
Activity: 1305
Merit: 511
It will happen many times.When the new comers in cryptocurrency, see the fluctuations of price they surely will get panic and sell the valuable bitcoin at low price. Why don't you hold the valuable bitcoin.?
Panic selling always make some loss.Just hold the bitcoin till the price is rised more than a invested amount.We had invested in bitcoin to get some profit from it.
sr. member
Activity: 344
Merit: 250
In some instances that might be true,, but I have seen numbers of new investors who’ve not doing such reactions or panicking in any news.. Most of the time this hardly associated by big whales selling at high price and buying at dip.. Being new doesn’t mean ignorance because the one who panics are those who don’t have knowledge or even trying to study the history of cryptocurrency..

Don’t associate sellers as newbies because most of the time they’re the greedy investors who manipulate the market..
To me i think that it is true for those people who do not have experience in bitcoin market, or who are very new in bitcoin world and they do not have any idea about the nature of bitcoin, bitcoin has in fact too much potential and its price can increase too much therefore i do not think that we should feel panic and should not sell our bitcoin in panic like situation, but should wait patiently for the price increase.
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