Topic: when you sell out of panic, you are contributing to the dump! - page 27. (Read 3925 times)
Every time the price goes down significantly so many new user start to panic sell which is not smart at all. We need to get more educated to avoid these mistakes and stop loosing money bacause of that.
I hope everyone gets the idea that every time you decide to dump your coins or in other words to panic sell you make it worse for the bitcoin and prevent it from stabilization. We should be more focused on holding and waiting for the value to go up.
This is one of the most important thing which almost all the investors especially the newbies need to know. It is because they don’t know much about the crypto currencies and the crypto market and that because of which, they start making such kind of foolish decisions and then at the end, they suffer a huge loss and that along with it, they also result in more downfall in the market value of that coin. I agree and that maybe one of the reasons why some would create fake news or fuds so people who have just joined in will sell their coins out of panic thus leading to the contribution of making the market more red and bearish. I have observed quite a few times that most of these panic sellers are newbies, that don't have that much knowledge about the coin they are holding and just joined in this forum or trading because they have "heard" bitcoin or other cryptocurrencies from a friend or something like that.
I never contribute this dump. I always get new information about what's going on and I take my coffe and check my coins one by one. If everything is fine, I don't join a dump.
Almost all of us are complaining why bitcoin dumps, when it will rise again, is it dead now without realizing that we are the one making the price of bitcoin, so it is us who are making those prices and if we are not trusting this one, then how could it become successful? We should all unite together to create things based on our expectations/predictions by simply holding what we do have.
This is true, but it seems to me that such people will always be. Often these are new users who blindly invest in crypto-currencies.
I agree and that maybe one of the reasons why some would create fake news or fuds so people who have just joined in will sell their coins out of panic thus leading to the contribution of making the market more red and bearish. I have observed quite a few times that most of these panic sellers are newbies, that don't have that much knowledge about the coin they are holding and just joined in this forum or trading because they have "heard" bitcoin or other cryptocurrencies from a friend or something like that.
Yes, this is so true, you even get merrited couple times, so true it is, so we shoud not depend on price and make it even less.
Yea you are contributing to the dump when you sell your coins ,
And not just that you also give your opportunity to earn with it.
Exactly is it true as doing this will make price down because bitcoin price has real connection with the demand and the supply so when we will sell our bitcoin at panic we will increases the supply as compare to the demand and people will ask for bitcoin at cheap price as they will have more options to buy, bitcoin is good to hold for the long time then selling at panic and contributing the price to get it down. And not just that you also give your opportunity to earn with it.
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!
You are right.People that sell out of panic are contributing to the dump, I think they already know that but they have no enough courage to hold their coins when they saw the price decreasing. Instead the price increase it will decrease because the supply increasing through the people panic selling.
Your patience should become bigger because if you throw away the price of the coin then it will only get a loss. I think you do not have to and do not have to be afraid then throw in the price of bitcoin or other coins, I think you should be able to control your emotional state
I think that this is a true observation, at the moment when we start to do this, we really do not contribute to price increases, but everything is just the opposite
I hope everyone gets the idea that every time you decide to dump your coins or in other words to panic sell you make it worse for the bitcoin and prevent it from stabilization. We should be more focused on holding and waiting for the value to go up.
You can't control the minds of the people who owns different cryptocurrencies in the market because it is their own way of making moves in the market and the way that they believed is the best for them and we don't have anything to do but to just let them do what they are gonna do with their coins and just make also our own move.Well out of all the factors contributing to the dumps, some of us contribute heavily to the dumps in the market by panic selling except those that are external factors like government regulation.
I think they need to analyze the situation and be quiet and hodl to benefit. exactly people contribute more to the situation and make it worse and that's what we call panic because they know it will increase but still not able to lose their money today and more than half of investors to do so in the world which in turn causes dip price or you can say crash.
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!
Of course, If many peoples sell out of panic, they are contributing to the dump. The supply will high but the demand low. The market will go down.
when prices suddenly fall and everyone panic sell, it will make a big dump. when prices fall, try to stay hold, or if you still have the capital, buy again to be able to pump prices in the market.
Of course, if know that the price will fall even below, then it is better to sell even at the price below that on which now has bought then to redeem at lower price again. 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!
True, the number of negative news about bitcoin, it will make people panic, they become afraid if the news they hear will happen and of course they will be afraid of losses, and in the end they sell the bitcoin they have. With so many panicky sellers it will make the bitcoin price fall because supply is higher than the demand for bitcoin.
when prices suddenly fall and everyone panic sell, it will make a big dump. when prices fall, try to stay hold, or if you still have the capital, buy again to be able to pump prices in the market.
yes it is true when we are panic towards the market and makes a urgent call to sell call then we are contributing to whales rather keeping the coins for ourselves
Yea you are contributing to the dump when you sell your coins ,
And not just that you also give your opportunity to earn with it.
And not just that you also give your opportunity to earn with it.
OP. Yes, that is a very old system. However, people never seem to learn from history. I really cannot tell why, are they uneducated, ignorant, self-absorbed, too scared?
Do you know what "a bank rush" is? That is when people rush to the bank to clear out their deposits because of some negative news. Since banks only hold partial deposits, they are not able to pay out and inevitably lose their license (go bankrupt). This is pretty much the same as your point and always very interesting to watch (except if your money is in there too) from the point of the behavioristic science... And who makes the profit from this? Only those people who most of those same bank rushers like to criticize so much - experienced investors who already have a lot of money in their pockets...
Do you know what "a bank rush" is? That is when people rush to the bank to clear out their deposits because of some negative news. Since banks only hold partial deposits, they are not able to pay out and inevitably lose their license (go bankrupt). This is pretty much the same as your point and always very interesting to watch (except if your money is in there too) from the point of the behavioristic science... And who makes the profit from this? Only those people who most of those same bank rushers like to criticize so much - experienced investors who already have a lot of money in their pockets...
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