Quote from: NEWGOODOUBLE on March 01, 2017, 11:31:23 AM

Quote from: btvlGainer on March 01, 2017, 09:40:14 AM

Quote from: ufaiz50 on March 01, 2017, 02:14:27 AM

Quote from: South Park on February 28, 2017, 09:21:22 PM

Quote from: richardsNY on February 26, 2017, 05:47:35 PM

Quote from: hamiltonik on February 26, 2017, 05:38:10 PM

Some newcomers such price drop is taken very seriously. After Bitcoin will become cheaper by $ 100, they begin to hysteria and sell everything

It's a common practice in basically every market. They panic sell at a loss when the price goes down, and they buy back their coins at a premium at the time the price goes up again. Point is that they after a while figure out what they did wrong, so they won't make the same mistake again. And there are always people that never learn as they continue to make rookie mistakes. These people should just quit trading.

There are people that are natural trades and there are people that are not, so for those that cannot stomach seeing the price of bitcoin going down then it is better for them to get out of trading for the rest of their lives.

for those who just came in and did not have much experience against their trading Akak tend to panic on price changes and tend to sell everything that does not apply to people who have more experience against trading

you are right, if people are prone to hysterics, then it is better not to engage in trade. They may succumb to panic and sell all of its assets at the wrong time. And then all my life regret and complain about cryptocurrency

therefore if you make trades or hold many bitcoin. stay calm despite the panic occurred. because if you come with a panic maybe it will count against you. which is important to remain calm and do the analysis before selling or buying

Yes that is true. Before doing any kind of decision even it is buying or selling we still need to do analysis to make sure that we are doing right because if we are greedy and we just let our emotions to win over our mind then it will result for even worse than we thought.