When the price drops Do not panic, It will only make things worse

gerasimo

newbie

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Quote from: -Sinner- on July 04, 2018, 12:53:48 AM

Why sould someone panic? i never understood that.. panic of what? Years of bitcoin told us that probably price will go always higher, so panic of what exactly? I could understand the ones who use margin trading so they have fear of liquidation, but the others? If price goes down, the only thing to do is buy so you can avarage down.

he's talking about the panic sellers lol. the ones that invested thinking they can get rich and double their investment. the bandwagoners probably just last year.they don't have the patience to see that bitcoin will have more value in the future andjust panic sells everything they have

-Sinner-

jr. member

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Why sould someone panic? i never understood that.. panic of what? Years of bitcoin told us that probably price will go always higher, so panic of what exactly? I could understand the ones who use margin trading so they have fear of liquidation, but the others? If price goes down, the only thing to do is buy so you can avarage down.

St4yInTh3D4rk

sr. member

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"STAY IN THE DARK"

Quote from: pushups44 on July 04, 2018, 12:30:14 AM

I agree that there's no need to panic when the bitcoin price drops. As bitcoin matures and gets more widely accepted, its price will begin to stabilize. Until then there will be many volatile swings, but the overall trajectory is likely up for the next few years.

We no need to worry but it is hard to control our emotions while the prices are falling and many will try to save their remaining capital before it is getting too late but the fact is the price will recover sooner or later but many don't accept the price will recover.

ngamuk tok

newbie

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Only a fool would sell bitcoin when the price drops. Selling in panic can save our capital, but out there are still many people who want to buy bitcoin for a bargain price and this means the same as us wasting our time and money on things that are in vain.

Pursuer

legendary

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Where is my ring of blades...

Quote from: Levin23 on July 03, 2018, 02:13:18 AM

If you panic and sell your bitcoin, it will only make the market worse and the bitcoin price will go down. So when bitcoin prices are down don't panic and don't go sell your bitcoin. Although it does not have much impact on bitcoin, at least if you do not panic and do not sell Bitcoin, the price will not continue to drop. What do you think ?

a couple of things you need to know is that those who panic sell aren't going to just change their mind and not panic sell during a FUD season just because you told them to. they will continue their irrational behavior until they either go broke and leave the market or learn from their idiocy and make better decisions in the future.

also selling when price goes down is not a bad thing but only as long as you are doing it with a little bit of thought. meaning you should analyze where on the drop you are selling. if it is in the initial stage while price has not gone down and has not reached the bottom then it is a good thing, but if it is in the final stage like selling at the bottom that obviously is idiotic.

pushups44

sr. member

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I agree that there's no need to panic when the bitcoin price drops. As bitcoin matures and gets more widely accepted, its price will begin to stabilize. Until then there will be many volatile swings, but the overall trajectory is likely up for the next few years.

Exeus

jr. member

Activity: 165

Merit: 1

Quote from: spain cool on July 03, 2018, 02:25:51 AM

Quote from: Levin23 on July 03, 2018, 02:13:18 AM

If you panic and sell your bitcoin, it will only make the market worse and the bitcoin price will go down. So when bitcoin prices are down don't panic and don't go sell your bitcoin. Although it does not have much impact on bitcoin, at least if you do not panic and do not sell Bitcoin, the price will not continue to drop. What do you think ?

Panic won't affect the bitcoin price since there are so many people using and trading bitcoin every day and they won't get panicked just by some peoples sold due to their panic.

You`re right and besides people actually need money so we cannot hold them from what we actually wanted even if it affects the bitcoin price it does not mean we also sell our bitcoin it depends on you because it is your own earning not ours.

Rapidgator

sr. member

Activity: 509

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When the price drops you have not actually lost your money, your portfolio has just dropped in value. You lose your money when you sell.
By selling now, you are giving up your chance to let your funds recover

enwi

full member

Activity: 602

Merit: 101

yes that's right, when bitcoin prices fall better to keep calm and do not panic by panic sell because it will only make the bitcoin prices go down and get worse, hold the bitcoin you have and wait till the price goes up again

lablab03

full member

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Yes it could be worse and you will regrets after for sure , so much better to stay on it which is keep holding and control your emotion always to avoid doing mistake decision 'cause actually emotion is the main reason why holders nowadays always panicking , which is it seems like there's a devil whispering SELL!. Lol.

Siren

sr. member

Activity: 826

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Quote from: Levin23 on July 03, 2018, 02:13:18 AM

If you panic and sell your bitcoin, it will only make the market worse and the bitcoin price will go down. So when bitcoin prices are down don't panic and don't go sell your bitcoin. Although it does not have much impact on bitcoin, at least if you do not panic and do not sell Bitcoin, the price will not continue to drop. What do you think ?

Youre right there,if we hold our coins together we can atleast lessen the chance that the manipulators will succeed in their bad habits,because even though we only have small amount of bitcoin each of everyone but if we combined them all,are big enough to help the market stay in good prices and bitcoin will not have burden for recovery

btc-facebook

legendary

Activity: 1862

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That's what I'm always saying also I try to commit myself as investor so I try to hold as long as possible.
And by holding you will obtain some profit as it's proven , almost all crypto increase about 10%

HOLD = PROFIT !

binhvo1505

member

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https://streamies.io/

Quote from: Levin23 on July 03, 2018, 02:13:18 AM

If you panic and sell your bitcoin, it will only make the market worse and the bitcoin price will go down. So when bitcoin prices are down don't panic and don't go sell your bitcoin. Although it does not have much impact on bitcoin, at least if you do not panic and do not sell Bitcoin, the price will not continue to drop. What do you think ?

I agree with you. Panic will not solve anything. We need to calm down and look at the world economic market. I realized that the Crypto market was always affected by the stock market.
So we do not panic, because the true value of the altcoins is still there. The recession is going on and this is a good time to buy low and sell high.

Rapidgator

sr. member

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Games are won by players who focus on the playing field, not by those whose eyes are glued to the scoreboard. Wink

candra raditya

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Quote from: Levin23 on July 03, 2018, 02:13:18 AM

If you panic and sell your bitcoin, it will only make the market worse and the bitcoin price will go down. So when bitcoin prices are down don't panic and don't go sell your bitcoin. Although it does not have much impact on bitcoin, at least if you do not panic and do not sell Bitcoin, the price will not continue to drop. What do you think ?

You are right, do not panic when the price goes down. The down market is normal and will improve again, and if panic then it can make us sell at a low price and the losses to be earned.

CHENIEN

member

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Decentralized Ascending Auctions on Blockchain

When cryptocurrency price dropping especially bitcoin, the good idea that being good to do are still hold our crypto coin like bitcoin or any other cryptocurrency coin, because many times that happens when bitcoin price dropping it will back again for the next coming months, so in order to avoid losses just stay calm and strongly hold until price coming back to the higher level.

Baofeng

legendary

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Quote from: Levin23 on July 03, 2018, 02:13:18 AM

If you panic and sell your bitcoin, it will only make the market worse and the bitcoin price will go down. So when bitcoin prices are down don't panic and don't go sell your bitcoin. Although it does not have much impact on bitcoin, at least if you do not panic and do not sell Bitcoin, the price will not continue to drop. What do you think ?

Its been universally preached here in the forum since I joined here. But you know what, you can really control people panics in times of crisis. Specially newbies who doesn't know what's going on and the rush to push the sell button thinking that is the right way to do in situation like that. Panic is one of the worst emotions or enemies a trader can have and it takes years of experience before you can overcome it and be like cool as ice when the price is going down.

Aqcizromencez

member

Activity: 486

Merit: 10

many people are panicking and selling their bitcoin for a bargain and go with a loss I think that often happens maybe it's just some beginner to trade,there are many people trading every day so panic may not have such a big effect on the decline of bitcoin prices.

fabskie21

member

Activity: 280

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Quote from: Stavr1992 on July 03, 2018, 11:34:40 PM

The main thing is not to panic during a large and prolonged fall, but also not to be greedy with good growth and everything will be fine)

So true. Its best to set your goals/ limits and act accordingly when these limits are met. Sometimes we tend to seek for more (being greedy) when we already have much which sometimes results to a downfall.

Stavr1992

jr. member

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The main thing is not to panic during a large and prolonged fall, but also not to be greedy with good growth and everything will be fine)

Topic: When the price drops Do not panic, It will only make things worse (Read 342 times)