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

gerasimo

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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-

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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

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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

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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

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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 ?

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

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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

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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

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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

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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

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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

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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

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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

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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 ?

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

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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

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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

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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

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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

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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

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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)

aileenc

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There are so many people trading bitcoin every day. They will not get panicked just because some peoples sold due to their panic.

bp124

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Very true bruh i don't know why some people do it anyway because if you bought something at a higher price and would decide to sell it a cheaper price then that sounds a bit uncalculative. I think those who do that don't know much about the volatility of bitcoin that is why they engage in panic sales.

Kotone

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Quote from: Sir Cross on July 03, 2018, 10:52:43 PM

This is true but the effects of price drop to panic selling is kind of minimal, but affects all the market so bad. There are a lot of fatcors that should also be considered when people panic sell, such as bad publicity, which causes people to speculate and then sell their coins because they are afraid that their coin’s value would drop even more.

yeah, I agree on qhay you said friend. panic qill cause mich teouble in the time of dropping low of the price of the cryptocurrency in the market. because in the panic we can infused other people with have an negative feedback eith the cryptocurrency. the best way is to ready for what might come happen and also chill and relax.

Sir Cross

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This is true but the effects of price drop to panic selling is kind of minimal, but affects all the market so bad. There are a lot of fatcors that should also be considered when people panic sell, such as bad publicity, which causes people to speculate and then sell their coins because they are afraid that their coin’s value would drop even more.

NEERAJ ANAND

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Yes it is very true that when you do panic selling it always makes the ting worse. people do panic selling because of negative rumors in the market. every time there is a negative news in return market goes down because of panic selling. in my opinion you should always think different than others instead of selling you should buy at this point of time. that will help you to reduce your buying price average.

coinwizard_

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If we all hodl together then we can maintain a good price for bitcoin, which will then maintain the prices for other altcoins. The market is pumping now so lets hope it hits the $7000 mark

bololord

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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 ?

Well panic is normal in bitcoin industries and if we sell our bitcoin for sure we also contributed to the dump, but we need to endure the situation if bitcoin price is on dip because patience is the key to become successful and bitcoin is not a pump and dump coin so long term plan is the best for it.

Saritelli

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This is the right tactic to which everyone should adhere. We must be a strong community and not allow fear to control us. We all believe in bitcoin. So we just have to wait for its development.

Greenkarki

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If the price down dont get panic and sell your bitcoin because it would gives you a great loss to you. And another thing it would makes the market more in downtrend only. So if the price is low you can use that chance to buy more bitcoins and hold it for future. Bitcoin always first low then only increase. This time it will take long time to recover. Today the market starts with green hope it will continue in near future.

Nnedaddy1

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When the price is on downward trend....that's the best time to buy.
Few days ago bitcoin was selling for 5k plus...now imagined if you had bought, you could have gained nothing less than 1k in just few days investment.

.

felipe04

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yes buy again in again when drops come here in crypto

always take chance bitcoin is so low in past history so this will rise again in again

in order to succeed you must believe that you can so believe in crypto that it will grow more in the future

nellakarisma

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I also totally agree. If the price of bitcoin down do not easily Panic. because there will be time for bitcoin prices to rise again. keep investing as there are no obstacles whatsoever. Keep calm. and smart in facing the situation of the situation .

Eureka_07

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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 ?

That's right but the real things is we do not really have great impact when it comes to market compare to the whales who invests too much money for bitcoin. If we compare ourselves to these whales, they can manipulate the market better than us. They affect the market if they sell their bitcoin and vice versa.

Karisma Black

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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 ?

Did you really have to create a thread for this ?
Wow, so much wisdom.

gasparyu

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Quote from: absurde on July 03, 2018, 05:43:55 AM

There is a rule for trading which is not written, if you do not sell you will not lose. Cause if you keep your funds, currently you are not in loss.
Please remind it, try to be patient and watch the market closely.

These rule dos not exist for this panic sellers. Im pretty sure these are the pople that got into bitcoin that thought there will gain easy money

absurde

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There is a rule for trading which is not written, if you do not sell you will not lose. Cause if you keep your funds, currently you are not in loss.
Please remind it, try to be patient and watch the market closely.

btcluisdiki

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Yes, panic selling of btc may lead to have an impact on the fluctuations since more supply of btc will be on the market and these investors are in doubt to this kind of situation. People need to hold their btc's and make that as an opportunity in buying more btc while waiting for it to stabilize and increase the market value. I think traders do sell even for a minimal profit for as long as they will not lose with their investment.

charlotte04

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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 ?

If the price drops then I would try to cut my losses and not wait for something to go back. I just have to buy in again if things went okay and bullish. That is the proper way of trading it.

silviyako

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these panic sellers are the ones that jumped the hype train when bitcoin was making noise and getting popular thinking they could get rich real quick. then when the price they show their weak hands and sell everything. fake investors

bitcoinking11

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As i have been involved with cryptocurrency for more than two years and quite aware about price drop, so i don't panic. Newbie investors do get panic and start selling which hurt the market.

JovhanHermias

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When you panic sell when price chart is going down and red well you will loss half if your investment, and you will miss the chance of selling it in high prices so you loss double of amount. So dont panic

Jundel2018

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Quote from: redtrus55 on July 03, 2018, 02:37:24 AM

The bitcoin price is unlikely to survive at that price alone, the price is bound to change as bitcoin prices depend only on the market, so if someone sells the bitcoin in large quantities, it will definitely affect the bitcoin price reduction.

Bitcoin price will decrease and increase for it is volatile there no need to be panic for it only create chaos in the market. If you will to invest in bitcoin you should know the risk that will happen for its price is unstable. So if you will invest don't rush and take time to understand full what will happen if you invest in any cryptocurrency.

Underlord

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This is about consistency, if you plunge into the world of cryptocurrency you must know the risk, all things can happen, because cryptocurrency especially bitcoin is unpredictable. Panic just makes things worse, so think further before selling or buying bitcoins

[email protected]

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I think price dropping is not as result of people selling off their bitcoin but it could be because of negative news surrounding bitcoin which are not true. People sell their bitcoin to meet up with some of their need which is inevitable but not always because the price rate is dropping.The last time I sold some of my bitcoin was as a result of my immediate needs and nothing more.

CrytopiaRaRa

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Totally agree,when investors or holders of bitcoin with large number of their wallet and want to sell and dump the price in the market,this affect the market and people start to panic and makes the bear market win.

hugeblack

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I do not think an investor who knows the digital currency market is ignorant of this rule, except to be a beginner trying to make a quick profit through a short-term investment. Which makes it worse is not investors but trading bots.
Trading bots do not panic but often programmed to reduce losses when the price reaches a certain level, which makes things worse.
When losses continue, they may be satisfied with a small loss other than gambling "keep holding." Grin

redtrus55

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The bitcoin price is unlikely to survive at that price alone, the price is bound to change as bitcoin prices depend only on the market, so if someone sells the bitcoin in large quantities, it will definitely affect the bitcoin price reduction.

Kakmakr

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The people who usually panic are the ones that are into Bitcoin for the quick profits and the people who thought that this was a "Get rich quick" scheme. These speculators are also the ones that cause most of the volatility, because they are continuously buying and selling when there is a drop in the price.

The long-term hoarders are the people who are buying those cheap coins, when these people panic. Grin

cpoer2011

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Sometimes people get panic when bitcoin price goes down and they sell their bitcoin because they don't want to get the loss too much. They're the weak hand. It will affect eventually and making bitcoin price down again. Just hold your bitcoin and don't cut loss your trade.

spain cool

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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 ?

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.

Levin23

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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 ?

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