the best thing to do in case of crash is not to look at the graphics!
Yeah that's a interesting way to look at this situation. People tend to get more panicked after seeing the downward graph in red color, that's common, even I feel a little tensed looking the downward graph. 
Topic: when you sell out of panic, you are contributing to the dump! - page 41. (Read 3899 times)
February 08, 2018, 10:08:02 AM
February 08, 2018, 01:08:53 AM
The reason for bitcoin rate down is the action taken by the Indian Government there is 10,000 Bitcoin users are given notice from the government regarding the bitcoin use which make a very big impact as all the members under estimated the Indian bitcoin investors who are very smart and invested their black money in bitcoin and also the Korean government fake new also the reason. So no need to panic once again bitcoin will be on track very easily and its going to be very big bounce back or sure.
February 08, 2018, 01:02:34 AM
Well, panic is usually a bad adviser, and when you take decisions under influence of strong emotions you can be pretty sure that they are bad decisions.
But I understand that in these days it's very difficult to remain cool and detached.
What helped me very much is to think about bitcoin as just some "points in a videogame", and not as real money.
(if I start to think about money losses, there is the risk tu cut my veins. :-) )
Yeah you are telling the truth that the people who sell their coins in time of dump they are responsible of prices falling and this fall sometime go very hard and a lot of people take out their money in time of dump and if people don’t do this for while prices will automatically starts to rise because they will be no panicking situation at all so avoid selling in time of dump if its urgent then wait for some time and then sell. But I understand that in these days it's very difficult to remain cool and detached.
What helped me very much is to think about bitcoin as just some "points in a videogame", and not as real money.
(if I start to think about money losses, there is the risk tu cut my veins. :-) )
February 07, 2018, 05:47:16 PM
Hahaha. Those people asking why it is dumping surely are the ones who got left out on selling first that is why many are angry because they can't pull out their many at the time it was being low.
They wanted to sell and some think twice about doing that. So more dumping happens.
With prices that low and many are getting angry tat iswhen FUDs are created and many are being scared---- more dumping as a result.
People should know to trust their guts on this.
They wanted to sell and some think twice about doing that. So more dumping happens.
With prices that low and many are getting angry tat iswhen FUDs are created and many are being scared---- more dumping as a result.
People should know to trust their guts on this.
February 07, 2018, 03:13:30 PM
There are many factors that are contributing to the dump and one of it is panic selling. Panic selling is the expected result of FUD, together with big price drops made by whales and bad news will create an ripple effect that will start all the weak hands to sell their position. Panic selling won't even start if there are no price drops or bad news or even if all of the holders are knowledgeable traders as they will know what to do.
February 07, 2018, 02:54:10 PM
i agree too with sold all of our bitcoin while the price dropped automatically we also would be parts of the dump but the situation is not so simple such as that because many traders out there has starting to panic when the price gradually dropped even we here still holding because we believe the price will high again but some of people has taking the risk wiith sold their bitcoin because they thought this is can avoid them to suffers deep loss
February 07, 2018, 09:52:47 AM
I agree once a trader goes into panic selling mode, it is highly likely that he will make a huge loss on the trading market, some traders are always looking at the chart and when the price keeps going down, they will eventually lost their ability to think what to do next beside dumping all their bitcoins and altcoins.
Some of them believe that by dumping now, they can even get huge profit by trading at low point. If in this current time, I think you can profit easily, like the last drop around $6,000 and now it is raise again to $8,000 which is you get profit $2,000 right now. This is pretty easy to get back on your loss. Although you dumped it at low amount, you will get your bankroll back just in no time.I can say this because it happens to me once and of course not all the time you will get this moment
February 07, 2018, 08:19:57 AM
I agree once a trader goes into panic selling mode, it is highly likely that he will make a huge loss on the trading market, some traders are always looking at the chart and when the price keeps going down, they will eventually lost their ability to think what to do next beside dumping all their bitcoins and altcoins.
February 07, 2018, 08:14:41 AM
@TS you can't blame the investors for exiting since they are the ones responsible for their money and not anyone else.
February 07, 2018, 08:12:46 AM
Whatever laws the states of different countries of the world accept, the price of bitcoin is more influenced by the demand for bitcoin and if many sell their bitcoin succumbing to panic, then we will continue to see the price drop. It should be borne in mind that bitcoin has a strong volatility, so do not panic and do not sell bitcoin, all be alright!
February 07, 2018, 08:04:42 AM
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!
Yeah sad reality about cryptocurrency since there were two different kinds of people a dumper and a hodler and they are the factors affecting the flow of market and most of all they gave life to the blockchain technology. If all people are hodlers the word "late" is something that we should never do because going early does make more sense and is also a big deal but through these dumpers we can play with the market and the word "late" doesn't matter. We can never stop these dumpers because we don't know their story behind. Either they dump because of an emergency or they are just playing the market just like what day traders do. 
February 07, 2018, 07:50:11 AM
There are many speculations about the root cause of bitcoin dumps. Those factors can be true and have an impact on bitcoin volatility. However, if the majority panic sells at the slightest decline, the impact would be catastrophic. This is where patience comes in for it simply needs time to recover. Panic selling would just do more damage.
February 07, 2018, 07:44:32 AM
There are still a lot of people are selling their bitcoin because they want to get out from this crisis and a lot of people are now selling because they bought at the bottom and since the price of bitcoin goes up a little bit, they are selling. I don't think that they will succeed because they are not having a step toward success because as long as they are dumping for this price of bitcoin their own ship of success is sinking.
February 07, 2018, 07:14:09 AM
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. However, the sad truth is that nobody is thinking about the market and the crypto society when selling his alts. People just think about their profit and the chance not to lose their money.
That's the problem. People easily get too excited when they hear about easy money. Back in december when btc was heavily pumping, many tried to get on the train blindly. Its only about the profit. They didn't consider that they're putting their money in a very volatile market. They probably don't know or don't care about the effects of what they're doing.
February 07, 2018, 07:10:07 AM
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!
The more that people actually go and do panic selling then the more that more people can join in and maybe even make cryptocurrency relevant again. Actually looking for more opportunities to buy in means that a price drop will happen and people actually panic selling which means other people can use this opportunity to go in the bitcoin stock column and make a name
February 07, 2018, 06:01:59 AM
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. However, the sad truth is that nobody is thinking about the market and the crypto society when selling his alts. People just think about their profit and the chance not to lose their money.
February 07, 2018, 04:29:22 AM
One of the things that we need to face here is that it's human nature to react negatively in the face of adversity. More than anything else, negative events can also be considered as tests of character. In this case where the value of crypto currency is experiencing a dip, it would probably be safe to say that those who sell their currencies in panic would probably be due to their lack of experience in this field. Yes, they would probably be contributing to the dump but I don't think this is the first time it happened.
February 07, 2018, 04:07:38 AM
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!
The more that people actually go and do panic selling then the more that more people can join in and maybe even make cryptocurrency relevant again. Actually looking for more opportunities to buy in means that a price drop will happen and people actually panic selling which means other people can use this opportunity to go in the bitcoin stock column and make a name
February 07, 2018, 02:56:09 AM
The panic sellers are just newbies and they are really contributing to the dump and i think that it is their fault since they are just dumping because they are listening to the FUDs and manipulators but they didn't realize that the real people behind the FUDs are just buying their cheap bitcoins to replace their position.
Yep they are newbies who bought Bitcoins last September 2017 to October 2017 when there's a Bitcoin bull run until December 2017. They are the ones who invested without thinking of what they are going into. They are in for fast money only and not for long term. They are dumping now out of panic thinking that Bitcoin cant recover anymore. February 07, 2018, 02:52:12 AM
The author of the first post said about FUD. This means fear, uncertainty and doubt. Such a state occurs in a person under the influence of a large amount of negative information that is used for the purpose of manipulation, including in the market of crypto-currencies. But every trader should understand that the "market" specifically uses such tools for the necessary correction when the weak sell their assets, and the strong ones will acquire them. Be strong, stick to your strategy. The market will necessarily go up and you will be on top.
Fear, uncertainty and doubt are the leading cause to destroy anything whether it is a relationship, any business or some other important matter. One should not just sell his shares out of panic. And if that panic is because of the low prices, it will be considered very unprofessional to sell out everything you have, whenever you see that the prices are not up to the mark. Patience always pays us in the form of benefit, when we have invested in some fruitful business just like bitcoin. Jump to: