While you are panicking over the decline in the price of bitcoin, the largest bitcoin holders will have an even more volume of bitcoins because of the panickers
I am sure that's why most people create FUD, which makes the panickers sell their bitcoins at very low prices and other buy it and see their purchases get profits within a space of a month or two. 
Topic: While you are panicking.... - page 13. (Read 1306 times)
It is an opportunity for large investors because small timers with weak hands sell their bitcoin because they panic now rich people buy it instead and keep it. If you are serious with bitcoin you should not be scared about the rise and fall of the price of bitcoin because it is natural to happen.
Yes, you are right their, risks taker take more risks when people panic like this and take the opportunity to build and earn some BTC, like a thief finding its way to grab things while everyone is running to a safe place during an unwanted incident.
How else? The market does not stop falling and it is not clear when it will end. Many countries limit crypto-currencies, interest in bitcoin has fallen three-fold! And how here not to panic?
While you are panicking over the decline in the price of bitcoin, the largest bitcoin holders will have an even more volume of bitcoins because of the panickers
Well panicking is the most bad decision though it can lead to different ways , panicking causes the marketplace to volatile and determined the price of bitcoin. I suggest to all though to stop the panicking because it can decrease or leads to dumping the bitcoin.
panic is always the thought of newcomers entering the cryptocurrency market. Try to be calm and steady in thought, to acknowledge and learn from the people here about holding advice. It is a good thing to overcome that panic.
I'm not too surprised to see a decrease in bitcoin value. I think that's a normal thing. And I also find it a good opportunity for me to buy. I want to invest in it for a long time. I believe that Bitcoin will quickly recover
Totally agree with you. In the market, you need to act in concert with the big players, sell when they sell and buy when they buy. Then you are more likely not to lose your money and always be with profit.
It is about creating money from your money, you have to go with the flow in the market and anlayze the price pump and dumps and make sure you just risk the money that you are afford to lose. Market trading is risky but you can get instant profit when have enough value to earn. Panicking is not good attitude, practice to control emotion and find things where can put more attention that watching for the unstable market chart.
It is normal human nature to panic whenever a steep fall comes in the cryptocurrency market. Everyone starts to get negative and begins cashing out to extract the most out of the fall.
Now that we have witnessed so many similar steep falls, the situation is no longer as panicky as it used to be before. People have started to understand the cryptocurrency market way better now.
Now that we have witnessed so many similar steep falls, the situation is no longer as panicky as it used to be before. People have started to understand the cryptocurrency market way better now.
I did not panic when the price fell. In fact I felt happy about it. Because I will then again have an opportunity to buy some bitcoins again in lower prices.
There is a lot of people panicking when price goes down. i was like that before but because I remain calm I began to have a clear mind that van provide logic answers
There is a lot of people panicking when price goes down. i was like that before but because I remain calm I began to have a clear mind that van provide logic answers
I still believe on bitcoin so that's why I still keep 0.5 and better to keep hold it rather than do panic sell.
Some group may have try to gain benefit of this advantage especially for new investor
Well it's normal things in crypto trading !
Some group may have try to gain benefit of this advantage especially for new investor
Well it's normal things in crypto trading !
While you are panicking over the decline in the price of bitcoin, the largest bitcoin holders will have an even more volume of bitcoins because of the panickers
that is what they looking for, cheap price from people who get panic and sell their coins immediately. after that they want new people to get panic buy and start to sell their asset
panic is a bad decision in trading. panic will only reduce your assets and will continue so until the assets run out. actually panic is sometimes caused by too often see the market try to play hold until you get a better profit because all the prices will surely rise just waiting time
Why should any one even panic just because of a slide fall in price of bitcoin and if you truly understand the technology behind bitcoin and how it works, bitcoin has it own rule which is decentralized and highly volatile and has no stable or fix price. So any thing can happened in bitcoin no fix price it can change at any time and operates on the economic laws of demands and supply.
While you are panicking over the decline in the price of bitcoin, the largest bitcoin holders will have an even more volume of bitcoins because of the panickers
While you are in panic never take a decision at once. First calm down and go through the news whether its real or fake. Eventhough if its true wait for a time period untill the value of bitcoin to rise. Patience is more important characteristics of the trader or else we will sell our coins in panic. Which gives an opportunity to other to fill their very own pocket.
The weak hands are the ones who are only new to crypto and the traders hoping to sell high and buy back on the dips.
This will not change but i hodl because i dont spend enough time trading to know when to sell
i just buy more at the dips.
This will not change but i hodl because i dont spend enough time trading to know when to sell
i just buy more at the dips.
What if we are all not panicking and Big Whales are using this knowledge to their advantage..
If one day I have open positions full of nothing I will call myself weak hands because I didn't have the courage to sell while I could.
Be rational about the situation and react appropriately, don't catch fire and panic sell or freeze in place and hold everything religiously. It's easy to do those 2 things.
Be smart and figure out what is the best solution in the current situation.
If one day I have open positions full of nothing I will call myself weak hands because I didn't have the courage to sell while I could.
Be rational about the situation and react appropriately, don't catch fire and panic sell or freeze in place and hold everything religiously. It's easy to do those 2 things.
Be smart and figure out what is the best solution in the current situation.
Ends Of The Spectrum
Panic selling ------------------------- Rational decisions ------------------------- Hodling
you dont understand holding paper is irational thinking.You want a paper with a value becasue some secret society members print it and give it to you and tell you this is what it is all about? Paper that is unlimited that is the conpiracy and the weak hands fall for the scam.Bitcoin is the future PERIOD
That sounds outright ridiculous. SolidCoins (or whatever his username pretends to be) gives an accurate description of what people should be doing. As long as your actions have a rational, non-emotional motivation behind them, you are unlikely to go wrong. On the other hand, if the reasons why you are buying/selling are emotionally motivated, you are probably doing something wrong. It is also ignorant at best to say that paper currency is "irrational thinking" and that Bitcoin is the future. Nothing is set in stone. I am a true believer in cryptocurrencies and Bitcoin itself, but that doesn't mean that I think it will be the only currency standing and I would hope no one else thinks so either.
Thanks btcton for the support, much appreciate that!
I didn't mean that you should hold instead of panic selling, I mean you should take choose positions and close them wisely. Right now I see the early cryptocurrency investor stages:
1. Panic sell. See that it doesn't work.
2. Hodl. Don't have enough patience.
3. Swing trade. Based on FUD and FOMO. Doesn't work.
4. Day trade. Don't know what the hell is happening.
...
n. Successfully taken profits because the trade wasn't based on hype or emotions.
We all live and learn, everyone goes thru the cycle more or less, you can do better if you know what you're doing and use your head, not your greedy heart.
I currently see paper as a better option because it tends to hold it's value and not be so volatile. It doesn't mean I'm anticrypto, not at all - I think this is a means of payment in like 10 years and it will change the banking industry once and for all. Only for now I feel more safe having some cash at the end of the day/week/month whatever. It is still used in every person's day to day life. I want to ask those people that bash dollar or another fiat currency because it's unregulated and unlimited - What do you use when you buy your apples at the grocery store, huh?
To this moment when there is panic in the market, I usually what I don't undertake, leave from the exchange, and I communicate in chats, at a forum, and I have noticed many people give in to panic, who doesn't understand those and doesn't feel the market of cryptocurrencies, to do not what, you won't understand an essence all yet
certainly. the strategy of whales and sharks are dumping the price and create the panic sell. After that, they will buy back at the bottom. they can get big profit
Yes, a good strategy is to buy assets that do not hodl weak hands. But for this you need experience, so if you do not have it, it's better to buy bitcoin and hodl.
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