People panics because the price goes down. - page 4.

Coin-1

legendary

Activity: 2618

Merit: 2304

Quote from: SabrinaBianka on April 15, 2018, 10:25:18 PM

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 think you forgot about the "whales". They like to shake the crypto exchange markets in order to pick up some coins from the weak hands of the too nervous "hamsters". I seems that a few days ago some large investor has bought pretty big amount of Bitcoin and other crypto currencies, therefore I am not seeing that the price of BTC goes down. Now the global crypto exchange market is waiting for the news and trading signals.

Johnlz

newbie

Activity: 92

Merit: 0

if the price goes down people should not panic rather take it as opportunity to buy more coins ... for bitcoin BEAR Strategy is better because bitcoin will surely goes up.

BlossomSp

newbie

Activity: 94

Merit: 0

Yes, I think they panic because they have invested heavily in bitcoin. When the price drops they lose a great deal of money, I suppose they have no knowledge of this market and are knowledgeable about the bitcoin value. I think at this point we should keep and wait until the market stabilizes and the value of the bitcoin increase will be profitable for us.

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

yeah well, these things happen. you can not expect news not to affect people. in any market such as the big markets like gold,... the news always affects the price. a good news helps the rise of it and a bad one leads to a drop. this is not just specific to bitcoin.
the panic sells are also not specific to bitcoin! they do exist in any other market. the difference however is that when you panic sell bitcoin on exchanges the price will go down a lot more than if you panic sell gold because of the small size of bitcoin market.
hopefully as bitcoin adoption increases and the market grows this will be reduced.

plaintiff77

full member

Activity: 224

Merit: 100

They panic because they are scared that bitcoin might goes down and they will lose a huge amount of money the reason why they do panic selling.If they will just believe in bitcoin they will never get panic because bitcoin investment maybe risky but if you will just believe on it you can be able to earn big profit.You must be patient if you want to earn big.Bitcoin price is volatile so it may rise or fall but dont get panic just be calm and also be patient.

Kulafu

jr. member

Activity: 140

Merit: 2

Quote from: SabrinaBianka on April 15, 2018, 10:25:18 PM

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 don't think so that's the real reason why there is a dip in the market. If we think on the supply and demand panic is not really and issue. Investors there no panic on their vocabulary. It simply works that the supply is much higher than the demand.
Other thing that could be possibly happened whales are playing on the market so that the holders will force to sell their BTC on the lower price.

Roukawa

member

Activity: 546

Merit: 10

Quote from: SabrinaBianka on April 15, 2018, 10:25:18 PM

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.

Kolly

member

Activity: 208

Merit: 10

Quote from: SabrinaBianka on April 15, 2018, 10:25:18 PM

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?

Well i think it is normal for people to feel emotional when prices go down but the most important thing is how you control your emotions when crisis occurs. Whether you let your emotions take the best of you or you just relax and let bad days fly by is really your choice.

ahmad21

sr. member

Activity: 672

Merit: 271

Quote from: SabrinaBianka on April 15, 2018, 10:25:18 PM

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?

Every little news on this forum is enough to scare the newbies and out of the panic created they sell their coins. This results into a continuous loop of an untangled mystery that I think is never gonna come to end.

And what you say is:
1. Because the other country banned cryptocurrency: Other country banned crypto is the news that comes up the media channels every second day and that probably has become like a prayer for the news channels without which they cannot go any further.

2. Because the social media start banning the advertisement of crypto: Social media started banning crypto ads way back and now please tell us something new to talk about!!

3. The other famous artist or most riches people spreading that crypto is bad to take a profit: We have hell lot of artists and riches who have alot to say abot the bitcoin, so tell me whom to listen and whom to beleive!!

pimkobai

jr. member

Activity: 196

Merit: 1

Quote from: Kotone on April 15, 2018, 11:30:01 PM

Quote from: SabrinaBianka on April 15, 2018, 10:25:18 PM

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 they would be panicking especially when bitcoin has its price dropped with how volatile the cryptocurrency market is, having price drops can soell doom towards a cryptocurrency. However I still do think that with bitcoin a lot of people are failing to see its decentralization which also contributes to how steep its prices drop and on how long which is affected by the external factors such ad public reception and the governments closing its doors on it

I think that there is no need to panic if bitcoin makes another bear market as this is usually what happens in the crypto market from time to time. These people that are in panic mode were those that are just new with cryptocurrency where they aren't familiar of how bitcoin really works in the market. I would suggest that these people should have to learn and familiarize bitcoin's price history record so that they maybe able to understand how bitcoin market is all about. Lack of knowledge is prone to panic mode because they are afraid to lose their investment without knowing that it will recover back or even get higher than the previous price where it started to dip.

Roaid

jr. member

Activity: 42

Merit: 3

This is normal. The timing of entering the market is very important, you enter at the price of 3,000 or 19,000, the difference is great. Unfortunately, most people will choose high points for entering.

Nick Abimanyu

member

Activity: 406

Merit: 19

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.

Guryon_master

member

Activity: 384

Merit: 12

Student Coin

Quote from: SabrinaBianka on April 15, 2018, 10:25:18 PM

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?

This is a normal a normal cycle of bitcoin in the market and panic response of every individual of bitcoin community is also a normal situition. We can't avoid this and majority that has negative response is newly enrolled in bitcoin world.

Kotone

hero member

Activity: 1372

Merit: 503

Quote from: SabrinaBianka on April 15, 2018, 10:25:18 PM

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 they would be panicking especially when bitcoin has its price dropped with how volatile the cryptocurrency market is, having price drops can soell doom towards a cryptocurrency. However I still do think that with bitcoin a lot of people are failing to see its decentralization which also contributes to how steep its prices drop and on how long which is affected by the external factors such ad public reception and the governments closing its doors on it

pooya87

legendary

Activity: 3472

Merit: 10611

you are witnessing two different things, try not to confuse them together.
first one is the speculation of a price drop so traders sell their coins with that in mind. for example when you see signs of a drop and catch a big dump in its early stages with the huge amount of FUD in the media, as a trader you want to sell fast to be able to buy the bottom with the money and make a profit.
the second one is the panic sellers who see the drop late and after they hear the FUD in the news. they always come in late and "sell at the bottom" this second type is the wrong one.

Virtual miner

sr. member

Activity: 728

Merit: 275

Now we have become experienced members on this forum and we have got the nerves of the market. Like we know the differentiation between what is real and what is fake. I have developed that sense of understanding of how does the market react and what kind of reaction that is, whether temporary or permanent. And trust me, this kind of supernatural power is possessed by every experienced member in the bitcoin community. But the people who are new to this world ought to react and overthink on every FUD that media creates. In the anxiety of prices getting lower, they sell their coins and further spread the negativity all around. The cycle continues and the price of the bitcoin falls down because of its low demand. Newbies tend to react this way because they do not know that tact and cannot understand the market nature unless they go through its past analysis. And the reasons like government banning cryptos or social media banning crypto ads or whatsoever are all temporary and in fact majorly a FUD creating mechanism used by the media. Because media has a habit of exaggerating every thing.

DilBro256

newbie

Activity: 15

Merit: 0

Many investors panic when they lost their money because of they invested at the wrong time. So when BTC price went down. they start to worry more and more.

Jonsnowstark

full member

Activity: 364

Merit: 101

Yea, most of the ones that bought dueing the price hike between $18,000- $20,000 are the ones who sold their coins when the dip started. Most of them have already heard bitcoin's abrupt increase so immediately, in the hopes of getting rich fast, they bought bitcoins even if it was already high. When it reached $20,000 because of greed they didnt sell their coins because they wanted more. Now bitcoin went down drastically, they sold all their coins even if theire losing in the fear of losing even more. These weak hands attitude has pulled down the price even more.

Wexnident

hero member

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I don't request loans~

Quote from: SabrinaBianka on April 15, 2018, 10:25:18 PM

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?

There is a fact that those people who are easily panic and nervous are the people who's new in this field they haven't enough knowledge and experience to the flow of this system that's why they are lack of trust and believe into this. They even don't know what will be the positive things that can really gives by crypto into their lives. But not the less before we start involving in this field we are aware and know that in this system has full of risk that we need to takeover therefore we can be successful in the near future. So no matter how long that we encountered the downfall we need to be strong and have trust and faith because the surely benefits and opportunity are always in the end of the track.

JoshKulot

newbie

Activity: 112

Merit: 0

Normally the bitcoins price goes down. If you where new in this industry, you might be paniced and discouraged if the the price goes down. You risk your own money so why you became afraid of this. Business is always business.

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