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Topic: when you sell out of panic, you are contributing to the dump! - page 29. (Read 3925 times)

full member
Activity: 560
Merit: 100
that's right, I also think that way. but when we do panic selling, we can only lose because at that time definitely the market price is down. and if we go sell when the price is still cheap, surely the price could be more down again because no one is buying but continue to sell.
should we keep hold when the price drops, do not participate in panic selling because it could lead to more severe market again.
newbie
Activity: 168
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!
Absolutely yes,we cannot control the situation especially the stability of the crypto price when if it is getting into dump people panic selling their coins,ans it
hasss  normal but the things is your ,contributing into the dump conditions and the worse things is there lossing their potential gaining
newbie
Activity: 26
Merit: 0
People cannot control it and therefore they panic which creates a ruckus.
hero member
Activity: 658
Merit: 505
So true but so many users simply don't understand that. Sometime I think they are new and unexperineced but some users who are dealing with crptocurrencies for long time often make the same mistake.
Not they are just making mess on the market but very often they also make the loss for themsleves selling at unfavourable price. But I'm afraid this is something we can't control and can't influence much except maybe with more education of people.
 
PIR
member
Activity: 322
Merit: 10
CRYPTOBLADES Octoblades 10.10
If this is so we should not be carried away by our whim and disappointment due to panic instead let's be calm and remind ourselves that everything's will going to be alright because  we are only contributing negative effect -dump.. and those who take advance of our weakness during that time are the ones who will profit.
newbie
Activity: 65
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!

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.
legendary
Activity: 2996
Merit: 1132
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!
Exactly. Every time that the price of btc is falling the best way is to hold, because onece the there are large of number of sellers of btc during the dump moment, the price will more falling. Doing so makes every investors who bought bitcoin at the highest price upset, and when it does they will share the fud and and the effect would become more great. Also we as bitcoin community helping not each other. That is why when everyone will stay honest, we are helping each other make btc more stronger and the dump would not stay longer.
We people are continuously blaming bitcoins that they aren’t getting up and all that stuff. But I think many of the people don’t know the reason behind it. Panic selling, yes this is the only reasons for which many people encounter loss in their lives of trading. when one person start selling, and one another and one more and so on just because of getting panic, they end up with demolishing the price of bitcoins.
It is very easy to put blame on others for own doings. You have pointed out a very common behavior of humans. We will never bother checking out our decisions and always are looking for victimizing someone else. Whenever bitcoin or any asset is embraced hugely by investors, they boost and as BTC is the most volatile one, it grows at amazing rate. Similarly, the falling rate is also very large one even if small amount is sold out.
full member
Activity: 448
Merit: 100
Sometimes I think there are no weak hands and no FUD and all this is just an explanation for market manipulation. All are saying weak hands to others but I cant believe that peeps are so stupid... even well known sites are saying „because of SEC“ but at the SEC homepage there are many meetings but nothing about crypto... at the moment someone noticed, another guy says: ah ok then its because of Japan regulation.
newbie
Activity: 56
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!

Of course, If you sell out of panic , you are contributing to the dump,  the market will down. So, dont panic. The volatility is normal.
full member
Activity: 798
Merit: 104
That's exactly what happens when you sell out of panic, it's part of cryptocurrency. so good to do is do not panic ..


Sometimes you will be carried by your emotions due to the FUD has been flooding outside the area of crypto. More of this things are initiated with biggest share holder of bitcoin to down grade the value in the market. So mostly it depends on the holders if want to sell or not but in total if they are not mean't needed purely decided to hold for a moment to prevent from contributing of markwt down.
full member
Activity: 462
Merit: 100
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True without a shred of a doubt. I guess there will be a dump if a country actually bans the use of crypto currency. Of course the people from that country will dump all their shares because they can't use it. So price drops and people panic. Now, others who panic does the same. They sell theirs coins andnit actually creates more supply in the market. More supply the lower the price. 
jr. member
Activity: 210
Merit: 1
dApps Development Automation Platform
That's true..supply in the market increases thus making it's value decrease. On the other hand, it gives others to purchase btc at lower price thus helping btc price recover.

The fluctuations in the market is normal and healthy, but due to more frequent decline of price a lot has lose their faith. Smiley
member
Activity: 224
Merit: 10
I think many people here are really not holders of bitcoin, majority are using bitcoin to support their finances, this is why many keeps complaining when suddenly bitcoin value drops.
member
Activity: 128
Merit: 10
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!

I agree with you that every holder decides to sell their possession they are contributing the price dump. Panic is one of the big contributors to price fall in the market cap. If the holders of once coin decide to dump or sell their possession to the coin they hold it cause price fall because of bulky supply of coin in the market but less demand or buyer of the coin because they fear to buy due to the price falling.
sr. member
Activity: 462
Merit: 250
Some people may not have a choice, they are forced to sell their bitcoins at a lower price, when they really are needed, and this is the only way to make money. To do this, I think you need a constant job with a stable salary that would support your daily life before you start earning income from bitcoin.
if we only rely on bitcoin income and have no other jobs that have a steady income, urgent economic needs can cause panic. everything can be done to meet their daily needs, by selling the bitcoin they own despite being forced to sell when the price is low in order to meet their needs.


Exactly! Preparedness and being efficient in bitcoin and a formal job are both very important. It is good to know that there are some who choose to work full time in the cryptocurrnecy, but then, the assurance of the sustainability is not present. I trust bitcoin very well, indeed. But we have to be secured and rest assured that we bitcoin price is volatile and we have to get ready of what may possible happen.
On the otherhand, I must agree that panic selling is really a hindrance for bitcoin to have a continuous price increase because people will think negatively about bitcoin.
sr. member
Activity: 588
Merit: 256
Some people may not have a choice, they are forced to sell their bitcoins at a lower price, when they really are needed, and this is the only way to make money. To do this, I think you need a constant job with a stable salary that would support your daily life before you start earning income from bitcoin.
if we only rely on bitcoin income and have no other jobs that have a steady income, urgent economic needs can cause panic. everything can be done to meet their daily needs, by selling the bitcoin they own despite being forced to sell when the price is low in order to meet their needs.
newbie
Activity: 224
Merit: 0
The encryption currency fell sharply when the panic selling is very normal, but in some people panic selling, there are some people very happy to buy, because they see a profit, this is encryption monetary market.
member
Activity: 294
Merit: 10
That's exactly what happens when you sell out of panic, it's part of cryptocurrency. so good to do is do not panic ..
hero member
Activity: 1022
Merit: 503
I totally agree with you. Whatever happens let us remain calm and patient. Because if we panic and lead to panic selling, it will further aggravate the situation.

Yes it will but there's some people who really love to see people gets panic so they'll spread fuds and troll everywhere that's why those weak hands got shaken. They say when you sell you actually losing in every moment so if it's unnecessary to sell just hold it until it skyrocket.
newbie
Activity: 182
Merit: 0
I totally agree with you. Whatever happens let us remain calm and patient. Because if we panic and lead to panic selling, it will further aggravate the situation.
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