The panic seller irony - page 4. | Bitcointalksearch.org

icecream sandwich

full member

Activity: 420

Merit: 101

Quote from: neurotypical on September 10, 2017, 07:27:16 AM

I know some coworkers that sold BTC today, they are real casuals, they got into BTC because they heard it went up a lot, they don't know even to set a local wallet so they store their coins on Coinbase or wherever the fuck they buy at.

Well, they sold today at at the dip near the $4000 double bottom.

The irony is, these casuals are the ones that are always complaining about how it's unfair that BTC is distributed in the hands of few whales, YET, they are the ones that constantly panicsell and give their cheap BTC back to these same hands they are complaining about, because guess who is profiting the most on these dumps: whales. They buy lots of cheap BTC.

If you want whales to stop having so much BTC, don't panic sell or you will keep feeding them. Just focus on your own portfolio and keep stacking BTC on the dips. In the long term, we will win.

Agree with you hahahahaha. These people always complain about the price of current bitcoin but they do not know that they are the one who also destroy it in terms of panic selling.

LyQaN

sr. member

Activity: 588

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I totally agree with you.Actually the thing is that everyone who enters this market has a little bit idea about what panic selling is.But still many of them are not able to control their emotions or we can say fear of loosing their money.Whenever they see a slight drop in the price,they start selling their BTC's which leads to a huge downfall in the price.So yes if we want that these whales do not get a chance to buy BTC's at lower price then we must stop panic selling.In this is difficult phase we must hold our BTC's and let it grow

indrakusumaindra

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The Standard Protocol - Solving Inflation

The sad truth is so many people that investing in cryptocurrency are in hope for fast profit and easy money. They lose their self and sell the coin cause they panic when see the market in bloody red. Its really wrong if you keep expecting green candle to coming out in investment, we are in stage of development which the market is still developing and still not mature, investing in cryptocurrency is good but i think it will takes time to be mature and when the market are mature the market will not be volatileas right now and also the price of the coin would not be cheap as right now.

Dolmar

newbie

Activity: 53

Merit: 0

I think that the inexperienced hands always fall pray to panics when the market is manipulated. People try to always manipulate the market to their advantage. So I say it all comes with experience.Once the person become experienced and learn to trade very well and understand the market well ,panic syndromes will not get them.

Nemhongonie

newbie

Activity: 71

Merit: 0

These kind of things usually happen for those people who are not firm enough to stand right there on their own feet when panic hits them a lot, they probably found selling it without having some kind of judgement if it they will lose or gain in the battle.

EddyGameta

hero member

Activity: 884

Merit: 500

This is a lesson for them in the future if they don’t give up playing in Bitcoin, then they will surely find out for themselves if they are smart and gather with the community, otherwise natural selection will prevail. Besides there is nothing to be afraid of casual trader, they’re only a small part of the market only.

crazymelons12

jr. member

Activity: 238

Merit: 4

I agree with your idea about whales having all the bitcoin distributed among them because the panic sellers are selling them at low price. Yet honestly you can't blame a person for doing so maybe because they need that money. Maybe they need it importantly during those times and had some panic that it might just go very low. Buying coins at the bottom is really safe for whales because it won't go even lower but because those panic sellers you call buy it at a higher price then their is always this emotion of selling it even at low price to prevent from losing too much.

chaoscoinz

sr. member

Activity: 1150

Merit: 260

☆Gaget-Pack☆

Quote from: neurotypical on September 10, 2017, 07:27:16 AM

I know some coworkers that sold BTC today, they are real casuals, they got into BTC because they heard it went up a lot, they don't know even to set a local wallet so they store their coins on Coinbase or wherever the fuck they buy at.

Well, they sold today at at the dip near the $4000 double bottom.

The irony is, these casuals are the ones that are always complaining about how it's unfair that BTC is distributed in the hands of few whales, YET, they are the ones that constantly panicsell and give their cheap BTC back to these same hands they are complaining about, because guess who is profiting the most on these dumps: whales. They buy lots of cheap BTC.

If you want whales to stop having so much BTC, don't panic sell or you will keep feeding them. Just focus on your own portfolio and keep stacking BTC on the dips. In the long term, we will win.

It's a relatively new market, that hasn't even been regulated yet. Generally speaking, unless you understand the innovation, or were here since the beginning, chances are you wouldn't understand Bitcoins true worth, regardless of being a casual investor or veteran. If you don't have a clue, Bitcoin becomes just another get rich quick scheme some are looming to cash out on.
Casuals are a necessary evil, because without curiosity, there would never be any real growth. The name of the game is supply and demand my friend and she takes no prisoners.

quochung

member

Activity: 118

Merit: 10

People panic when bitcoin values decrease. So it is a bloody experience for those who have lost their money. We need to overcome fear.

romantic007

member

Activity: 224

Merit: 10

Yeah, the topic that seems to never die just because people'll never learn. The first thing to do when you enter crypto society is to do your research into that and try to understand at least a little how it works, but people still tend to sell everything in panic and contributing to the situation.

Watukali

newbie

Activity: 5

Merit: 0

panic sellers are stupid sellers because they are affected by a slightly lower price even though he can get a lot of profit if he waits a little

Samolet

member

Activity: 350

Merit: 12

On the merits of the question I can say the following:
You can not buy cryptocurrency on the second consecutive pamp, if the rate has already grown by 20%. You can not merge on a rebound after a small pamp, because it is likely to be followed by further growth. However, you need to be prepared to sell the crypto currency at a loss, for the sake of purchasing at a lower price in case there is a global drain, which always ends with any large-scale pamps.
It is impossible to evaluate the sayings of burnt hamsters as a serious analyst and listen to their words. Since, as a rule, those who have already purchased at peak prices are advised and it is not the first day waiting for "when the course returns to its former heights."

ayambawang

newbie

Activity: 72

Merit: 0

a good strategy and input, I think also like that, the price drops does not mean the losses that come and also does not mean this is the right time to sell but on the contrary this is the right time to buy as much as you can, keep thinking positive don't get negative issues and markets the down is making you panic, otherwise you will regret it

kniheant

newbie

Activity: 182

Merit: 0

People like this usually don’t do enough research into cryptos and that’s why they lose more often than win. It’s not a good stategy.we have to patient and wait a positive news from market.

junglist.massive

hero member

Activity: 759

Merit: 500

Quote from: Carlsen on September 10, 2017, 08:34:34 AM

I think that especially with bitcoins, people are constantly under pressure.
Every stock exchange opens and closes each day. And they have weekends as well.
Those are times when you can not trade and you have time to think about your investments.
The cryptocurrencies don't have that. Every time you turn on your computer you can see movements in the charts. There is no break.
No break for the market to cool off either, by the way.
Sometimes this is all just too much, and the people sell.

I would say that if somebody plans to hold coins over a longer period of time, it would be a smart move to avoid the charts.
You can't feed the whales that way.

But it seems the trader we discuss is a novice trader who entered the trading world because of Bitcoin. Not only see the price, it’s possible when they see the news of their hands immediately tremble. This is a good move for them if they continue to pursue it and as friends we should help them through the difficult times together.

n0ne

hero member

Activity: 2618

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DGbet.fun - Crypto Sportsbook

Going through the RSI Chart it is clear that the market is in the oversold state. This confirms the increased selling on fear of losing as the price of bitcoin as well altcoins continue to fall low without any specific reason or issues leading to the lack in growth of cryptocurrency market capital. Here long term investors just make use of the available opportunities.

BCTalkaccountforsale

full member

Activity: 308

Merit: 101

Actually, at that moment it was more right than it is now. The crypto market is falling sharply, causing short-term investors to panic. But I think this is the right time to start investing in this market, I think today the penny has bottomed out and this is a good time to invest. This risky market is there and it is for those who take risks.

Deubila

member

Activity: 252

Merit: 10

Quote from: kodtycoon on August 03, 2018, 08:52:49 AM

Panic selling will only regret and it is very ironic, if they can be patient and still trust the bitcoin market then they will still hold when the dump occurs, they should keep thinking about profit that have been planned at the beginning in order to be able to be patient to sell.

Such actions are only for newcomers and those with no knowledge of electronic money. To be honest, there are a lot of people who are successful in electronics because they have a good spirit. Financial balance and clear strategies rarely fail. Those who panic, should learn more.

Carlos Caprio

newbie

Activity: 30

Merit: 0

It is ironic, when bitcoin prices fall, small investors fear that the money will disappear and be sold immediately, on the other hand speculators hold bitcoin comfortably even though prices fall because they believe that the price of bitcoin will rise. Ironic but real. When prices go down, big investors buy in large quantities, because there is a large purchase of bitcoin prices moving up. While small investors are already profitable to sell again, finally when bitcoin prices soar, large investors enjoy.

Wong Goblog

member

Activity: 310

Merit: 10

This is an irony, they can not wait to sell with a loss condition, this is what makes bitcoin prices continue to drop and difficult to achieve big increase like last year.

Topic: The panic seller irony - page 4. (Read 5733 times)