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Topic: when you sell out of panic, you are contributing to the dump! - page 4. (Read 3946 times)

full member
Activity: 336
Merit: 100
the panic that happens is very normal where they have the limits to do CL and some do not want to lose more money because of the value of their assets, but if the number of people who do hodl bigger then panic will be a disaster for beginners. from what I learned when a bearish release of assets is quickly the best option and buy back at the lowest price with a larger purchase amount. but this only applies if we know the moment precisely  Grin (just my personal opinion)
newbie
Activity: 60
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!

I think people realize that they are contributing to the dump, but they also have to consider that they should not be the one sacrificing themselves for the sake of the technology. It's losing for being the nice guy. The a-hole dumper gets out, possibly buys back at cheaper price, while the nice guy is left with like 20% of what they initially put it.
jr. member
Activity: 44
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!

This OP has been written in February - it was true. But it is even more true now, six months later. Those who sold in February now probably rejoyce.
newbie
Activity: 196
Merit: 0
When you are one of the panic seller in the trading sites or in the narket, then naybe you are o e of the contributor of the dumping of tokens or coins in the market and can cause the sudden change in price value of the market, because of a lot of supply will cause a low value of price for coin.
member
Activity: 350
Merit: 12
I do not think that we can influence the market at our micro level.
Simply, if we can guess a trend we can earn some change.
But influence the market, not really.
full member
Activity: 378
Merit: 100
I LOVE ADABS
When the crowd loses its sense of reality, it is prone to irrational behavior.
People who tend to panic are weak people.
I think such people have no place in such a volatile market!

People who tend to panic are those investors who are not well knowledgeable about the market because volatility is consistent and that is the reason why you should hold your coins and wait for the highest price to come out before trading.
newbie
Activity: 89
Merit: 0
Well as we know there are still many people who sell panic when bad news spreads. Though they are helping more severe dump for fear of facing losses. They do not know that it's just a misleading issue, and when they realize it they start bemoaning their regret contributing to selling panic. Grin Grin
legendary
Activity: 3514
Merit: 2246
🌀 Cosmic Casino
Something that we have to look here is that it's human instinct to respond contrarily notwithstanding misfortune. More than whatever else, negative occasions can likewise be considered as trial of character. For this situation where the estimation of cryptographic money is encountering a plunge, it would most likely be protected to state that the individuals who offer their monetary forms in frenzy would presumably be because of their absence of involvement in this field. Truly, they would likely contribute the landfill yet I don't think this is the first occasion when it happened.
I already did panic selling and that was biggest thing i regret in my life. I know panic selling is not good to the market but dont judge me. I do that because need money for my daily needs and important needs like in fiancial. Some says i am weak, well i dont care what do you want to say but i have my reason why i did that.

I don't blame you. If you were in need of money, you did the right thing. Yes, we know that Bitcoin will be over $20k at some point in the future, because BTC always surpasses its ATHs eventually, but we can't say when exactly it will happen. It can be December 2018(most like imo), but it can take much more time too, and if you  need money right now, you can't wait so long.

On a side note, I don't think that by selling $200-$300 worth of BTC, you are contributing to the dump. Whales are selling dozens of million USD worth of BTC in a single day, and they are contributing, not people like you and me.
full member
Activity: 468
Merit: 100
maybe some think like you, but in my opinion they sell when the panic has a reason, maybe they panic not because prices continue to fall, but because of other reason that require them to sell their coins, they don't want to sell their coins at low prices. what do you mean by selling because panic includes attacking blockchain technology looks like?
newbie
Activity: 111
Merit: 0
it will not affect globally because the capital I use is not so much, maybe I can influence the mentality of crypto friends around me, but my contribution in this case is very small, the problem of small investors is how I can separate assets for business needs and finance that can allocate living needs separately.
full member
Activity: 308
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!
It is true indeed, but I can never stop that process even if I'm alone would not be selling from the panic there will be 100000 people who will do that instead of me, so practically it is true but it is unavoidable.
newbie
Activity: 41
Merit: 0
Yes, that is a very big issue with the investor who are coming without any research. A major price crash and they start selling even in loss.
jr. member
Activity: 90
Merit: 5
That is what the new investors need to not realize.. They need to understand that someone is making use of their weak emotions.
newbie
Activity: 126
Merit: 0
That might be true that when you are on the panic selling, you might be able to contribute the to the dump of coin in the maket cap, so if you dump your coin be sure to look at the coin market cap, before dumping you coin.
full member
Activity: 420
Merit: 101
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 true that when you are panic selling it means that you are a part of those people who just make the bitcoins much worst so in order not to make the bitcoins in their worst of course as much as possible prevent the panic selling. And in order to do that of course do not over react when the bitcoins are falling because that is normal
hero member
Activity: 1218
Merit: 534
There will always be people selling, fearing of the price dump. As long as there are people purchasing it, there is nothing to worry about. Bull market can not last forever, there must be some storm too, if we want to see rainbow Smiley
But there are some possitive connected to those sellings, prices are getting lower and new investors are made to invest, so it could be even profitable when most of the people are scared to hodl their coins for a little bit more.

That's a great attitude to have, think of this as an opportunity to buy cheap bitcoins instead of being negative.  Unfortunately for a lot of people they have already invested all their money into crypto and are unable to buy anymore.  These markets can really play games with your mind and really test your patience.  This space is not for the weak minded.
member
Activity: 378
Merit: 10
Panic cause not only to dump but loss for investors. Those panic hodlers will sell their cryptos below its cost then the tendency on the supply of the cryptos in the market will increase that is why their value becomes lower and lower.
full member
Activity: 325
Merit: 136
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!

Somewhat it is true but of course we do not know the reason why people sell their investment. Other sells it because they had already earned from their investment and others sell it out of panic.
member
Activity: 182
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!
Also the interesting part is that when you are buying from panic your country buting to the pump, so it is highly important to know and be able to catch those two streams on the market to be profitable.
full member
Activity: 432
Merit: 126
Sometimes we cant blame their play. Many of the investors tend to panic sometimes especially if they are noticing the abruptly decrease in the market price. It is somehow their own strategy to lessen their lost. But it doesnt mean that they want to contribute to the downfall of the blockchain industry. Like a chess, they have sometimes to step backward and think to another strategy to move forward to win this investment game. So i guess, its still up to someone to do the right choice.
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