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Topic: While you are panicking.... - page 15. (Read 1320 times)

member
Activity: 243
Merit: 10
March 10, 2018, 01:47:27 AM
#29
No, I do not panic with the current bitcoin price conditions. And I'm sure that bitcoin will return to normal, just a game that keeps the bitcoin price down. do not panic
sr. member
Activity: 567
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
March 10, 2018, 01:41:27 AM
#28
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

How it is so great to become a large whale because of these weak hands! Buy the dip! This is so commonly advised all around here but it seems that some people cannot stand seeing their Bitcoins loss some value and ended up selling during the dip. What a joke! And then by the time the dip is over and Bitcoin is already starting to climb the charts once again, they also start to regret and buy Bitcoins once again with a much higher price.
full member
Activity: 308
Merit: 100
March 10, 2018, 01:38:56 AM
#27
many newcomer in this cryptocurrencies world tend to do a panic sell when the prices goes down a lot. when that happened, i used to think it is sale day when we could get more coins by the prices. totally fine with this phenomenon of prices, though this will not down forever. happy sale day!
member
Activity: 434
Merit: 10
March 10, 2018, 01:38:47 AM
#26
It's like always when the price starts falling people start freaking out and selling and then we see the biggest account holders buying more and more bitcoin. You can't be wrong on the fact that through every one of these crashes the rich seem to be getting richer and the regulars aren't getting anything. I think it's time to turn the tables on that, HODL and sell when you've made enough for yourself. Don't run away at FUD, bs news, etc.

All of this FUD is scary, but you have to verify their sources and ensure that they're not trying to trick you into doing something with your money.
Crashes is always present especially cryptocurrencies and we already know this. People can't control their emotions especially when they are new to crypto. It's better sometimes to have crashes so that we can have the opportunity to buy some coins but others tend to dump their coins which is helping the value to go down. We should try to practice ourselves to be always positive in times of crashes.
member
Activity: 224
Merit: 19
March 10, 2018, 01:26:40 AM
#25
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

This is absolutely true. This is what I am waiting for an opportunity to buy more coins and I did buy a few coins yesterday and as you said people who really understand the market did to.  Well look at the price now it around $9400 a clear $1000 profit in just one day but this is not yet the time to sell price will rise still. We just need to be patient.
newbie
Activity: 89
Merit: 0
March 10, 2018, 01:17:15 AM
#24
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

We don't need to be panic, actually if the value goes dip it is the chance to buy a large amount of bitcoin then hold again for another turn of the price to rise again. So there is nothing to worry about just stay calm.
sr. member
Activity: 770
Merit: 253
March 10, 2018, 01:15:31 AM
#23
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.

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.
That is the truth here, but if you just have a limited source of income and you are just a beginner then the tendency when the price falls down you tend to panic all the time regardless of they are saying not to, well, it is fine for as long as you will find out one day that you should not panic because you will lose the show.
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
March 10, 2018, 01:07:06 AM
#22
It's like always when the price starts falling people start freaking out and selling and then we see the biggest account holders buying more and more bitcoin. You can't be wrong on the fact that through every one of these crashes the rich seem to be getting richer and the regulars aren't getting anything. I think it's time to turn the tables on that, HODL and sell when you've made enough for yourself. Don't run away at FUD, bs news, etc.

All of this FUD is scary, but you have to verify their sources and ensure that they're not trying to trick you into doing something with your money.
legendary
Activity: 1302
Merit: 1007
March 10, 2018, 12:58:05 AM
#21
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.

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.
newbie
Activity: 112
Merit: 0
March 10, 2018, 12:51:13 AM
#20
calm down when you see the price going down. Patience is the right step while waiting for the price to be more stable. with you panic precisely causes you to misstep in making decisions.
member
Activity: 196
Merit: 15
March 09, 2018, 04:58:50 PM
#19
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.

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
member
Activity: 238
Merit: 38
March 09, 2018, 04:57:44 PM
#18
To many people entered hearing some dudes go rich out of this crazy thing called bitcoin so they decided to jump in but wait now it is dumping so they sell. We have to many new investors that don't know how to play this game. Patience is one of the key features no matter what you do in life and it is a how to say skill that we all have to develop.
member
Activity: 196
Merit: 15
March 09, 2018, 04:55:35 PM
#17
Bitcoin is not having problems, it hit a bottom of 6k some weeks ago and now it is making another bottom, it is a double bottom.The new bottom at 8400 is 40% higher (if 8400 is the bottom for this movement) than the first bottom.It is going up just moving around alot
newbie
Activity: 219
Merit: 0
March 09, 2018, 04:52:50 PM
#16
And the bitcoin market has a common law of capitalism - the rich and the brave become richer and the poor and cowardly-even poorer
member
Activity: 210
Merit: 26
High fees = low BTC price
March 09, 2018, 04:29:56 PM
#15
No, panic at all. I am waiting patiently for the purge.....weak hand need to give up

My weak hand gave up when fees were at about $55 per transaction and I sold almost completely out at
$18,000 and for you to feel so confident then clearly you have not been reading the news about the
lightning network where they have tried to hide the banker by calling them hubs.

Anyway get all the sleep you can, restless nights ahead if your left holding the baby  Cheesy Cheesy Cheesy

member
Activity: 280
Merit: 20
March 09, 2018, 03:54:45 PM
#14
No, panic at all. I am waiting patiently for the purge.....weak hand need to give up
legendary
Activity: 2380
Merit: 5213
March 09, 2018, 03:53:05 PM
#13
Completely right.
And that's why whales try to spread rumors and bad news to panic people. They want to fill their pocket. And sadly they are always successful.
member
Activity: 182
Merit: 14
March 09, 2018, 03:52:00 PM
#12
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

There will be always the ones who are panicking and the others which are taking the opportunity of others panic. This is the neverending cycle which keeps going and going.

I thought that after few correction phases some of the investors will realize the fact that they will regain their fail profit if they wait a little longer but there is no point in educating the no believers.

Those who are smart enough will grab the investment opportunity on behalf of the others.
member
Activity: 210
Merit: 26
High fees = low BTC price
March 09, 2018, 03:51:33 PM
#11
1k this time last year to put things in perspective (never forget big picture).

never forget that tulips reached $200,000 in today's money or that Bitcoin has competition that are not rushing to
go off-block so I guess that the big picture is that the writing is on the wall and fees here went up a lot more than
2000% or that this peek won't be forgotten any time soon.
jr. member
Activity: 104
Merit: 1
March 09, 2018, 03:49:20 PM
#10
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.

Ends Of The Spectrum

Panic selling ------------------------- Rational decisions ------------------------- Hodling
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