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Topic: PRICE DOWN???DONT PANIC SELL....!!! - page 7. (Read 897 times)

member
Activity: 280
Merit: 10
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March 10, 2018, 09:42:24 PM
#35
Panic sell is not bad idea actually. The reason is if price falls down more (it will), you can buy it cheaper. Eventually you will end up with more coins.
So, selling coins at right moment and purchasing it back can be very profitable.

The reason why the price of bitcoin deflating.  Because of some big players people. Like the MT GOX trustee has sold half a billion worth of bitcoin.They can easily afford to monopolize the price of bitcoin. Its their game and strategies to buy more coins in a very low price. Especially this time many coins holders panic selling thier coins no matter how low the price is. Without even think the consequences that they lost their profits. So the price market of bitcoin is very affected in a very low price. At this time it is better to hold our coins. And wait for the right time when the price of bitcoin going back to inflate the price value of bitcoin.
full member
Activity: 798
Merit: 104
March 10, 2018, 09:41:27 PM
#34
Yes. Don't panic and sell immediately. It's just normal. Bitcoin price is volatile and variable. If you sell urgently to cut your losses, then you are a loser too. Its a gamble. If the bitcoin price goes down, stay calm and just think.


Bitcoin price may be cheaper compared to last months but this is just part of its volatility. No need to panic because compared to other coins bitcoin is still leading.Instead grab this opportunity to buy more coins and enjoy the profit once bitcoin goes up again which surely happen.
newbie
Activity: 88
Merit: 0
March 10, 2018, 09:34:22 PM
#33
Yes. Don't panic and sell immediately. It's just normal. Bitcoin price is volatile and variable. If you sell urgently to cut your losses, then you are a loser too. Its a gamble. If the bitcoin price goes down, stay calm and just think.
sr. member
Activity: 644
Merit: 250
March 10, 2018, 09:29:52 PM
#32
Bitcoin and altcoint fluctuate where market prices go up and down at any time, but you can prevent price reductions by holding prices down! Do not get involved in the wrong problem and make you sell below your purchase price and obviously hurt yourself and the other coin owner ,, keep enduring and the price is definitely going up !!
Yes you got that one right but there are so many people that they can hold their coins much longer because of the sudden dip which it result panic selling if people are knowledgeable enough that btc and alts will go higher than usual from the dips this "panic selling" thing will not be present
hero member
Activity: 570
Merit: 504
March 10, 2018, 09:29:40 PM
#31
Great time to buy cheap bitcoin before it goes up.
member
Activity: 448
Merit: 10
March 10, 2018, 09:28:27 PM
#30
keep calm this normal friend the price should indeed go down first before going up more patiently do not panic. panic will only make you panic sell keep it quiet the best . hold it until you get the profit that's the trading principle  Grin
sr. member
Activity: 574
Merit: 250
March 10, 2018, 09:25:08 PM
#29
Price down is the right time to buy and hold, panic sell can cause psychological trauma so be patient as the price goes to normal soon.
full member
Activity: 952
Merit: 104
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March 10, 2018, 09:23:38 PM
#28
Bitcoin and altcoint fluctuate where market prices go up and down at any time, but you can prevent price reductions by holding prices down! Do not get involved in the wrong problem and make you sell below your purchase price and obviously hurt yourself and the other coin owner ,, keep enduring and the price is definitely going up !!

Absolutely that is what we have to do to fight those negativity on cryptocurrency. There is no other way to prevent this drastic drop on cryptocurrency than to neglect thos negative news which brings down their price. We have to endure what we have experienced right now in order to have gains for the future and to avoid being broke on our investment.
newbie
Activity: 130
Merit: 0
March 10, 2018, 09:21:30 PM
#27

Crypto market has taken a dip in value, but i think its way too early to panic, it will regain value soon.therefore hold your crypto for a little longer, the prices will be up again just a matter of time
full member
Activity: 256
Merit: 100
March 10, 2018, 08:46:20 PM
#26
It's normal that price in the market goes up and down. I think we all need to have is patience also need to check if we are going to buy or sell or hold. But the best move is to buy if the price value is low.
hero member
Activity: 1008
Merit: 510
March 10, 2018, 08:40:44 PM
#25
Bitcoin and altcoint fluctuate where market prices go up and down at any time, but you can prevent price reductions by holding prices down! Do not get involved in the wrong problem and make you sell below your purchase price and obviously hurt yourself and the other coin owner ,, keep enduring and the price is definitely going up !!

Buying during the price drop not only lets us get cheap coins, but it also helps create a support level. Buying will drive the price up as long as there are enough people buying.

At the very least, we shouldn’t sell when the price is low. Unfortunately many of the newbies will buy high and sell low and while that is bad for them, it actually gives us a chance to sell high and buy low.
sr. member
Activity: 1918
Merit: 256
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March 10, 2018, 08:07:48 PM
#24
Gox seems like a big issue, the fear is getting widespread so they panic.
this is natural and I think it will not last long.
several weeks the market will get better again.   Smiley
sr. member
Activity: 546
Merit: 261
March 10, 2018, 08:04:26 PM
#23
Maybe bitcoin will go down to $6000 again,looking at the situation,it's possible because bitcoin didn't break the resistance in $12000 and it keeps going lower.Those whales will start to dump again and buy in the lowest price as possible,so small player like us will get squashed.Just wait and see,don't be involved in that high risk chance.
full member
Activity: 936
Merit: 100
March 10, 2018, 08:03:14 PM
#22
hold coin is a consideration and a good choice because after all the current price reduction is only temporary and will not happen for a long time. you can use that moment to buy or hold.
legendary
Activity: 2576
Merit: 1043
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March 10, 2018, 08:00:37 PM
#21
Say this to newbies who doesn't have enough knowledge about the movements of bitcoin. This is the time that we are being tested on how much patience do we really have. This is like a "survival challenge" that weak hands will be out of the game and the strong hands will prevail and will become a rich one  Cheesy Cheesy. Just hold your bitcoins or maybe buy at low to increase your portfolio or do some trading.
newbie
Activity: 34
Merit: 0
March 10, 2018, 07:56:33 PM
#20
Actually for the short term i would sell and rebuy lower.

Tomorrow is Sunday when prices usually drop. ..
newbie
Activity: 133
Merit: 0
March 10, 2018, 06:47:16 PM
#19
I don't think people realize that the more they panic sell the further down the price goes. Just hold people and the price will go back up. Don't ruin the market. Your coins are worth alot
jr. member
Activity: 176
Merit: 1
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March 10, 2018, 06:41:19 PM
#18
I strongly agree with your opinion that we should always hold our coin until the coin price is higher above our purchase price, and we can buy again with our money when the coin price all goes down.
legendary
Activity: 2100
Merit: 1167
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March 10, 2018, 06:34:34 PM
#17
You may be right. We have no influence and many whales are reading here. Posts like these can boost their trust even if they think about selling.

whales like the gox scabs are the ones crushing the markets

other whales love pushing it up and down so they can make bank from weak hands
sr. member
Activity: 616
Merit: 263
March 10, 2018, 06:28:55 PM
#16
If you sell now, in a few days you'll probably be making a thread saying "Why did I panic sell". This tends to be the case for newbies around here.

Just hold on, if the low price is disturbing you, don't look at it. Bitcoin will recover, it always does and this will be no different. HODL like a boss, we're all going to make it.
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