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Topic: when you sell out of panic, you are contributing to the dump! - page 21. (Read 3899 times)

full member
Activity: 420
Merit: 101
In retrospect it is easy to say that but in a situation where your money is at stake its understandable to try to cut losses.
But for me bitcoin is for long term hold why don't you just relax and hold in the first place we know the risk on investing in bitcoin, So I think we need to control our self to become panic seller because if you believe in this technology you will trust it until it bounce back and generate a profit again put some guts.
newbie
Activity: 239
Merit: 0
Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that  when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!

yes it is true when you sell out of panic, you are contributing to the dump. Becaues the market demand will low, and the price is going down.
yes, indeed the market price will drop due to panic that happened. but if you believe in crypto you do not need to panic and sell your coins. you just need to hold as I do. because I'm sure not forever the market will continue to fall. and when the market stabilizes it will give you a huge profit.
full member
Activity: 448
Merit: 100
Im moving my BTC position from 50% into 30%, picking up attractive looking alts like ADA, ICX perhaps POWR possibly WAN. A lot of alts approaching my buy alerts at the moment
newbie
Activity: 61
Merit: 0
Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that  when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!

yes it is true when you sell out of panic, you are contributing to the dump. Becaues the market demand will low, and the price is going down.
full member
Activity: 364
Merit: 100
Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that  when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!

Yes you are contributing to the traders who wants to dump bitcoins because the price will just continue to decrease if everyone will just sell their coins and will believe the fud which is not true.
member
Activity: 350
Merit: 10
I always try to close my portfolio when the market starts to turn yellow, it's only in rare cases I force myself to sell at low prices ...
newbie
Activity: 27
Merit: 1
Truly yes! Panic sellers are the final actors why dump in the market become successful.
sr. member
Activity: 1568
Merit: 283
when the price drops we do not need to worry and panic so it will panic sell, but actually if we panic sell it will make the price more down because the fewer the demand then the price will continue to fall and if demand many or many who buy the price will rise
That is why this is often said that those who panic sell, they are also part of such downstream of price of bitcoins. When these people start losing their mind and become panicked and start selling everything at once, they are allowing others to do so. Because with this, demand becomes low and prices start losing. Seeing them, others start losing and selling so this chain let the price fell at ground.
member
Activity: 337
Merit: 10
Bet2dream.com
For any kind of investment you will have people who will have patience, have trust and will hold even if there is a major dip. Others will start panicking when their is a drop and will start selling. I believe I am part of the first group  Smiley.
Maybe they sell because they needed the money and if price of bitcoin still going to dump there's no other option that's why they sell there coins we can't actually blame them even though if i was in there position i can't still hold my coins anymore in terms of financial problem.
sr. member
Activity: 1358
Merit: 253
When there is a negative issue then bitcoin prices will go down, this is what makes a lot of users to panic so sell at any price, this is what makes the price continues to drop and hard to return above $ 10,000.
newbie
Activity: 59
Merit: 0
There was a saying trust your instinct. This trust your instinct is not applicable because it is just base on emotions and not base on the reality facts about crypto buy and sell time. We should decide to sell and buy with the relation to crypto market price.
member
Activity: 332
Merit: 12
Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that  when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
Well, maybe, but not when you’re not among the whales LOL. Whales are the ones who manipulate this market and when they make a withdrawal it usually affects the price and makes it go down. As of people who invest a little amount of money, our actions don’t. Have much impact on the price of any cryptocurrency. Well, it’s always good to advise anyone not to withdraw much.
member
Activity: 448
Merit: 10
Most people start panic if bitcoin price is start falling in big daily percentage, but not all people sell bitcoin in that time. Some people have a good monthly salary from regular job and they don't care if bitcoin price fall, so they just hold it for long term. But people who use bitcoin earning for paying daily needs , they panic sell when price start dropping and yes they participate in dump bitcoin.
I think there is no need to make any panic with selling because bitcoin is a digital currency and it need a full concentration on it if you will play here with close eyes so then it’s very hard to get profit and that’s what I’m doing it very carefully and I always get a profit from it last year one of my friend did a panic and as a result he lose a lot of money and he was near to quit bitcoin so that why it’s a request to everyone no need to make panic.
sr. member
Activity: 714
Merit: 251
We can say that sell out panic is contributing to the dump but we have to understand also that many people need money badly, we can not avoid to sell some of our coins. However we do our best to avoid dump.
if someone starts to panic and sells their coins at a cheap price, then you do not need to complain about a bad situation in the crypto currency market. The fact is that in this way many alarmists play into the hands of scammers who spread rumors of all kinds to provoke panic in the market and have the opportunity to buy cheap coins.
full member
Activity: 238
Merit: 100
We can say that sell out panic is contributing to the dump but we have to understand also that many people need money badly, we can not avoid to sell some of our coins. However we do our best to avoid dump.
sr. member
Activity: 672
Merit: 271
Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that  when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
Therefore many also say if there is a dump try not to panic, because panic selling will only make the market continues to decline rapidly. Remember, if you panic selling then you will not get a good profit and only regret that in the can, because after all the crypto market will surely increase again sometime in the future.
Yes, actually, this is one of the prime reasons that the price of Bitcoin is falling. But you cannot convince any investor to hold on as it is their way of managing their investments. It’s their own choice or rather I would say “stupidity”. But panic selling is quite expected whenever there is negative news coming out regarding a cryptocurrency. But what sensible investors can do is, not join them and wait for huge profits.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that  when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
Therefore many also say if there is a dump try not to panic, because panic selling will only make the market continues to decline rapidly. Remember, if you panic selling then you will not get a good profit and only regret that in the can, because after all the crypto market will surely increase again sometime in the future.
member
Activity: 203
Merit: 17
I will sell it when i need it for extra things, but i wanna hold it as long as possible, i have lot of patience, and i believe the price is so far from its real all time high that you couldnt imagine even
member
Activity: 294
Merit: 10
JOIN THE NEXT MEGATREND IN CRYPTO!
Many of us here are saying, why is the cryptocurrencies market is getting a dump these days. Some are saying is because of the FuD, others are saying it is because of regulations laws in south Korea and India which is also child of FUD. But did you know that  when ever you sell out of panic, you are contributing to the dump and you are also attacking the blockchain technology!
Panic selling is artificially created by those who want to use this situation for buying cheap coins.
Personally I don't ever panic when I see the market going down - I know that this is cyclical and the prices will again go up in a couple of days or weeks.
full member
Activity: 322
Merit: 100
Agree on it. Selling out of panic is very dangerous in the investment because of that you are getting loss instead of profit so better to think twice or even count your fingers before you sell your crypto or you will just loss the chance to get rich someday.
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