when you sell out of panic, you are contributing to the dump! - page 45.

Xester

hero member

Activity: 994

Merit: 544

Quote from: omonuyak on February 03, 2018, 06:42:17 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!

Yes I totally agree on you. If we sell our bitcoins just like other people we contribute to itsnprce to goes down. It is making it weak and many people especially who are just new with bitcoin will lost their hope with btc and likewose sold their bitcoins. As for me, I will just keep my bitcoins until its price goes up again.

Sir Cross

full member

Activity: 336

Merit: 106

Quote from: Altero on February 04, 2018, 04:05:22 AM

Most probably it could be the result, because it happens that sellers may compete in the market which one would be first to sold their tokens even in cheaper price than of the others. It seems to be in realization that it could only lead by dumping more price instead of weakening it up to grow. It is sad that some members won't be able to think it for many times before doing such foolish things.

It’s a domino effect. Once investors or traders (most of the time those who are new) start to panic once they see the price go down and this would result to a dump. It’s hard for one to control their emotions especially when they’re not used to the frequent price fluctuations. Once other panic sellers follow suit, then the price will go down even more and more dumps will be made and the cycle just keeps on continuing.

Vasilisochka

member

Activity: 297

Merit: 10

🤖UBEX.COM 🤖

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.

Semosuchi Tesongrato

member

Activity: 546

Merit: 33

Rasputin Party Mansion

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. :-) )

di.ako.toh

full member

Activity: 154

Merit: 121

I think selling out in a rush, is quite not good enough for us. Because not because sudden dump of price we should all sell all our coins, the reason of being afraid that it will get lower. I believe it really contributes, because of being panic, but we should be first aware why is it price is falling, with this we could not take action immediately of selling.

yamortsac

full member

Activity: 154

Merit: 111

Yes I agree everytime people panic sell, it contributes to the dump of price of crypto, but I think some people sell it before the price gets very low for them to earn some profit and they will buy again when it reach the very low price.

CryptoBry

sr. member

Activity: 1008

Merit: 355

Quote from: omonuyak on February 03, 2018, 06:42:17 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!

Yes, of course, when we are joining the rest of the world in selling or converting our Bitcoin to cash or another coin we are contributing to the dump bandwagon which creates more pressure to Bitcoin to go down its prices because the supply to sell is much higher than the demand to buy. This is already a given fact. But then again, it is just part of the human nature to be afraid as we don't know if one day we will wake up with Bitcoin at only $1000 in value. Hodling on is just an idea for people who are already panicking.

reisuke24

full member

Activity: 358

Merit: 100

but, if in there are no people panic, and sell their bitcoin, its not exciting. bitcoin price is always expensive, so none to buy it. they just sell, just develop of some ico maybe will buy bitcoin.
bump is good for all player that want to invest in here. and many ppl happy about it. cause it mean they will get more profit from dump

connesa

full member

Activity: 216

Merit: 100

Quote from: omonuyak on February 03, 2018, 06:42:17 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 really depends on how you manage to control and believe in bitcoin when this dumping is happening...fud is part of those dirty tactics,intentionally for dumping a certain crypto coin.so if you got weak hands,and believe on what ever negative news they say.you alreadt belong to those panic seller making the dumping of the coin faster.
i always think this way...in life its like gambling,its your choice if you want to fight the battle or just surrender.not every day is a red day....so dont lose hope and hodl hodl hodl! for a better future.

pocketfullofpoke

full member

Activity: 476

Merit: 101

www.daxico.com

As these weak minds gave in and pushed them to panic sell their cryptos, they are of course making the cryptocurrency/crypto market bleed more. So the more you sell, the cheaper it gets since it is understood that there is less demand of that coin already.

Altero

full member

Activity: 784

Merit: 123

Most probably it could be the result, because it happens that sellers may compete in the market which one would be first to sold their tokens even in cheaper price than of the others. It seems to be in realization that it could only lead by dumping more price instead of weakening it up to grow. It is sad that some members won't be able to think it for many times before doing such foolish things.

Ilegendph

full member

Activity: 434

Merit: 103

Thinking on the higher plane of existence.

Quote from: just_Alice on February 03, 2018, 08:03:07 AM

Quote from: omonuyak on February 03, 2018, 06:42:17 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!

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.

This is exactly the reason why Im suggesting that before you invest make sure that the money you will use is the amount you can lose. Dont ever trade the money that you will use to survive everyday or payment for something else that is more important than trading. Time like this is just normal for traders but if the money you put into is that important then it will be a losing strategy.

Dragon5

member

Activity: 266

Merit: 10

Quote from: markalis on February 04, 2018, 03:33:11 AM

I agree with this, do not contribute to be someone who panic sell and make the market become bump. just hold because of all the digital assets you have now, the value will surely rise someday, wait for me the progress of their project according to the roadmap

I agree as well, because it's market's principle - the more is sold, the less it costs. We have to be patient and strategic about it. Still, there are also other factors that have an impact on prices, for examle governments and giant companies' policies

markalis

full member

Activity: 467

Merit: 100

I agree with this, do not contribute to be someone who panic sell and make the market become bump. just hold because of all the digital assets you have now, the value will surely rise someday, wait for me the progress of their project according to the roadmap

Seeker#9

full member

Activity: 658

Merit: 102

The tendency to sell is high if the holder is affected by some events that are related to bitcoin or any cryptocurrencies. If the holder is overtaken by his/her emotion, that will resulted to panic selling in an attempt to avoid further losses. This is unintentional dumping and the deliberate dumping is usually done by the whales in effort to bring down the price of the coin at their desired level.

jtipt

hero member

Activity: 1050

Merit: 529

Quote from: Paul stuart on February 03, 2018, 05:00:28 PM

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.

Notcalculator

member

Activity: 196

Merit: 12

★Bitvest.io★ Play Plinko or Invest!

You can't blame them. Maybe they have a huge stake in them. The truth is the risk we have varies person to person. If circumstances dictates you panic sell, you should. It's not so bad though because misfortune of others is potentially opportunity of some. Those who have weak hands sell and those with strong hands hold. One of these days, if a true crash comes, those who sell will have the strong hands. Let's hope we'll always be the one with the strong hands!

markdario112616

full member

Activity: 816

Merit: 133

It's normal for an individual to sell if they knew or they've noticed that a huge drop happens. I think some might not call it panic selling but instead, a preventive measure, to avoid incurring a much more loses in the future that's why they sell. These type of case is quite unavoidable some people are really afraid or just security conscious they prefer to secure everything, they don't want to risk.

kalawang

full member

Activity: 350

Merit: 100

Quote from: omonuyak on February 03, 2018, 06:42:17 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!

Yes we should need to panic sell our bitcoins because if we sell it bitcoin will dump more so it called weak hands you so if you believe in bitcoin we should need to know that bitcoin is the best cryptocurrency so dont sell guys just hold it .

Fulmand

sr. member

Activity: 568

Merit: 250

Quote from: ajmapalo22 on February 03, 2018, 06:35:59 PM

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. Regular seller or converter of bitcoin do not contribute to the dump but those who are holder for a long period but got panic and sell their coins makes the market suffer and contribute to the dump in bitcoin price.

Well i agree on that that was really true some people here in the bitcoin field really didnt want to hold for a long term specially they need really a profit to provide things that are really needed on thier deally life of living.I agree that the panic selling has a big effect on the movement of price in the market.

Topic: when you sell out of panic, you are contributing to the dump! - page 45. (Read 3899 times)