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Topic: when you sell out of panic, you are contributing to the dump! - page 36. (Read 3926 times)

full member
Activity: 658
Merit: 117
Without huge dumps, there cannot be huge pumps, they are both sides of a coin, the only question is which coin is being dumped, is it valuable in the long-term or is the dump as a result of a problem?
jr. member
Activity: 87
Merit: 4
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!
People know, some of them just can't control it, that's why it's called panic and govs are counting on that. Also not everyone can afford holding BTC, while it's dropping, even though they know it'll increase someday and they're losing the game by doing so, they need their money rn.
Some people do not have choice but to sell their bitcoin in low price specially when they really need it and it is their only way to have money. This situation taught that you also need a job where give you stable salary that can support your daily living because not all the time the price is profitable. You need lot of time to wait for bitcoin to recover its value and gain profit.

the choices are before buying or investing. it is not wise to do trading in crypto with a fund for living, that's why they are in no choice situation. panic is more like situation for traders because they buy to gain profit fast for living cost and buy again, they would be panicking when the price is down. this is less incident in investment, because they use extra fund to invest.

maybe some people are not aware if selling a coin when panic or dumb price that could lead to negative things against blockchain technology, I also don't know, what if I sell when the price of dumb other than harming myself. but most people sell coins at dump prices because they don't have any other options because they need money for unannounced purposes. and we can't blame such people.
member
Activity: 314
Merit: 20
I agree with this, dumping on a panic because of the news, the trend of the price and other negative factors is contributing to the dump of the price of any coins. All coins have their ups and downs and it is important to be steady and not selling your coins on the panic state. Learning to be patient is the best way to go.
member
Activity: 144
Merit: 10
Lacking of knowledge about bitcoin is definitely the main cause. Most of the panic sellers are those to invest during the time of high price. They already loss a thousand of bucks and they might trying to cut more the losses. This is not how crypto works. Be patience at least and do some research before contributing to dumping. Now prices are getting good again, I bet those who panic sell are kinda regretful right now.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
We cannot blame them selling their coins when they are seeing the market so down and its not normal for them to see it,
We should get used to it. When the market is fine and bitcoin's price is quite high, we can't here any single complain from them. But when the price starts to decline, you'll expect them to show themselves and whining and blame bitcoin.
However its a good thing for us since we will be able to buy lower price Bitcoin and the profit that we can accumulate for trusting and believing Bitcoin are huge.
They will not understand this, they are only holders but they don't want to take note that it's also a good time to buy when prices are low.
member
Activity: 630
Merit: 24
We cannot blame them selling their coins when they are seeing the market so down and its not normal for them to see it, However its a good thing for us since we will be able to buy lower price Bitcoin and the profit that we can accumulate for trusting and believing Bitcoin are huge.

True,This is a one positive moment from this situation and I,personally waiting this to buy much more than today.This process more like a stream of water,We always say to not sell but if people sell it we will get more there will be no tradegy.Anyway we can do nothing,People are doing everything possible for their own well-being and may this way be more profitable,Some of us look at this processes differently and its so hard to agree at such a basic level...
hero member
Activity: 1134
Merit: 502
We cannot blame them selling their coins when they are seeing the market so down and its not normal for them to see it, However its a good thing for us since we will be able to buy lower price Bitcoin and the profit that we can accumulate for trusting and believing Bitcoin are huge.
full member
Activity: 372
Merit: 100
The Organic Growth Token
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 do agree with the statement. Selling won't be a solution at times like this. But also, we can't blame those who choose to sell than to hold because that is their money in the first place and they are just doing what they think is right in order to still have some profit or to have only lose a little of their profit than to lose all. Be patient, the market will soon recover given that dumps in the market is temporary.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
they are not attacking to the technology actually. they are only participating to cowards side  Cheesy sometimes they get advantage of buying more coins from deeper price. sometimes they can not. but i dont think any pump or dump effects to development of blockchain technology.
Even if I do not like the methods I think they are being very smart, attacking the technology of bitcoin will be a great mistake since there is no way to destroy it or to beat it so those that are creating these artificial crashes are hitting people where it hurts the most in their pockets and even if the market recovers many people that lost money will probably never invest in bitcoin again.
hero member
Activity: 2128
Merit: 520
they are not attacking to the technology actually. they are only participating to cowards side  Cheesy sometimes they get advantage of buying more coins from deeper price. sometimes they can not. but i dont think any pump or dump effects to development of blockchain technology.
yes, they can take advantage by disseminating bad information to cryptocurrency holders or by damaging the reputation of this blockchain technology, in order to get everyone to panic so as to drop the value in the market by taking the opportunity to buy large quantities of coins at the lowest price.
It's been a practice to get more coins to hold, those who are selling out of knowledge are the victims of this strategy, dumping coins which have a better development is just wasting your money and giving it to those who really understand the market, I'm sure no one wants to be eaten alive
inside the exchange, so better to learn more about your investment, study much deeper and never to fall into panic when situations are not favoring
your side, keep holding and don't allow whales to eat you.
sr. member
Activity: 1792
Merit: 264
they are not attacking to the technology actually. they are only participating to cowards side  Cheesy sometimes they get advantage of buying more coins from deeper price. sometimes they can not. but i dont think any pump or dump effects to development of blockchain technology.
yes, they can take advantage by disseminating bad information to cryptocurrency holders or by damaging the reputation of this blockchain technology, in order to get everyone to panic so as to drop the value in the market by taking the opportunity to buy large quantities of coins at the lowest price.
full member
Activity: 295
Merit: 104
I think that nowadays many people's are panicked to sell bitcoin, especially big investors who sell all bitcoin to make the price down sharply. They sell it without thinking they will lose, they have no confidence bitcoin price will rise again. Panicked investors are making bitcoin prices down so that poor people who only use bitcoin for their daily needs are quite difficult to get a profit and hard to meet the needs of his life. If this happens continuously can make bitcoin price becomes very low.
full member
Activity: 476
Merit: 108
I think in way of looking at the situation, when people do choose to sell out due to panic
and with severe and declining market prices and conditions. They are making things a lot
worse for themselves. It may not be the entire market but when this situation does occur
and other investors tend to be influenced or taunted to sell with the mindset of cutting loses
out of sheer panic and despair. Making that mistake and influence has a short lasting impact
on the deflating market. I surmise when this happens, it makes the market bleed more and
since there really isn't much people can do to reverse dumps and dips. I believe it disarms,
impairs and further weakens the market a bit more, leading to more dips and lesser price
climbs in the process.
sr. member
Activity: 1204
Merit: 250
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!
People know, some of them just can't control it, that's why it's called panic and govs are counting on that. Also not everyone can afford holding BTC, while it's dropping, even though they know it'll increase someday and they're losing the game by doing so, they need their money rn.
Some people do not have choice but to sell their bitcoin in low price specially when they really need it and it is their only way to have money. This situation taught that you also need a job where give you stable salary that can support your daily living because not all the time the price is profitable. You need lot of time to wait for bitcoin to recover its value and gain profit.

the choices are before buying or investing. it is not wise to do trading in crypto with a fund for living, that's why they are in no choice situation. panic is more like situation for traders because they buy to gain profit fast for living cost and buy again, they would be panicking when the price is down. this is less incident in investment, because they use extra fund to invest.
full member
Activity: 392
Merit: 100
I agree to this. Many of us are keep whining and nagging about the price dumping. Which also make some of us feel alarmed and make wrong decisions. That’s why most of us panic selling their coin at a wrong time. We just have to understand and accept that this is how the volatile nature of digital currency really goes.
That is simply right mate,panicking is one of the contributor of price dumps but we can't totally blame if they have fears of lossing their money.Even if we try to look so courageous most especially nowadays when bitcoin has facing tough times,some of us prefer to cut losses than to lose everything they have.They were just protecting their wealth.Some of us wanted only for short term investments,inorder not to get victimize on the votality of price.Its somehow their strategy i guess because they already know that in the first place.History recalls and a repeated scenario of rise and fall of bitcoins price and we must have patience and be more vigilant.
That is right, so panic will have nothing to contribute to the price, if we are doing panic selling when price dumps then we are just like saying that bitcoin is not so worth to invest at and that we are just investing on it because of the current price and not the future price.
hero member
Activity: 826
Merit: 501
I agree to this. Many of us are keep whining and nagging about the price dumping. Which also make some of us feel alarmed and make wrong decisions. That’s why most of us panic selling their coin at a wrong time. We just have to understand and accept that this is how the volatile nature of digital currency really goes.
That is simply right mate,panicking is one of the contributor of price dumps but we can't totally blame if they have fears of lossing their money.Even if we try to look so courageous most especially nowadays when bitcoin has facing tough times,some of us prefer to cut losses than to lose everything they have.They were just protecting their wealth.Some of us wanted only for short term investments,inorder not to get victimize on the votality of price.Its somehow their strategy i guess because they already know that in the first place.History recalls and a repeated scenario of rise and fall of bitcoins price and we must have patience and be more vigilant.
sr. member
Activity: 910
Merit: 255
they are not attacking to the technology actually. they are only participating to cowards side  Cheesy sometimes they get advantage of buying more coins from deeper price. sometimes they can not. but i dont think any pump or dump effects to development of blockchain technology.
member
Activity: 308
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 am not sure what the problem really is but i have an assumption that it is because of the japan's market crashing down, i read a news where japan's cryptocurrency market has lose $500m worth of coins and there are a lot of holders who are afraid of losing their coins as well that's why they sell all their coins.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
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!
That is very obvious but at the same time it is impossible to avoid, those that were in panic were going to sell their coins, it was going to be impossible for them to keep them and at the same time we need to be direct there are very few people that will not panic with the huge crash we got, and most of those that panicked were new investors that have not been here for a long time.
jr. member
Activity: 217
Merit: 1
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 I agree with this, mostly who gave in to panic selling is contributing in making the situation worst
than it already is. This brings down the prices more, others cuts their loses and sells out even with
low prices in the market. It's a hysterical situation. Maybe that's the reason why we encounter dips
after dips, leaving less time and room for coins to recover. The hard part is that it all comes down to
personal choices, people have different views on declining market prices, some hold and wait, others
sell and some buy. The best thing is to really hold and wait for better opportunities, since market
deflation and fall are not gonna last all the time. We need to ride them out cleverly and patiently.
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