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Quote from: micher143 on March 12, 2017, 02:25:09 AM

In my experience, The panic selling is for not experience here in bitcoin or didn't know the market speculation. For me if the price drop down I will wait because I know that bitcoin price will pump again and for every year that is happening dump once pump twice. If you trust bitcoin you will not do the panic selling.

You could actually take the advantage of this panic selling which in other words is know as trading. I didn't really care of panic selling much as I even knew that the price will increase soon , I had taken advantage of panic selling only once and made a profit of 200$. But mostly panic selling occurs in china.

That is what a trader should think. Traders don't care for the panics that might be happening in the market because somehow they know that it will calm down and the price will be back at the normal. We can take advantage of that panic selling to get those dumps and be ready for the pump later, It is easy because a lot of us already know what to do in trading and that is buy low sell high so it's easy for us to make profit in those panic selling scenarios.

Not always it really sounds easy to trade the way you told but actually trading is really hard and sometimes we can even lose our money. I normally don't like panic selling because i sometimes get scared that what if the price doesn't grow again. I know that's nonsense but anything can happen.

That's normal to be scared as when the price is falling hard it's not good to see but you need to stay strong focus on the future, crisis may happen from time to time depending on the market situation but bitcoin does not fail us. When it falls, the next thing will happen is will rise, see what happen now, we are back in the very nice price again and I'm confident after the panic selling, it will be a continuous success.

I don't have problem with the price dropping at all as I'm 100% sure the price will come bacl high. The only thing that triggers me was the growth bitcoin had it was growing slowly slowly daily but that is now gone and to grow again like that it can take lot of time

yes, for sure it will take a long time to climb back, but we should think about maybe other alt coins which are having not a bad value also. Today I've watched news and saw that a lot of goverment people also buying bitcoins like money invest or for saving, they sniffed out what privileges they will get after they save some of there capitals at digital currency

Investments in bitcoin occur daily but from this year it has surely brought many amount of investors. The only thing that I'm now scared of is that the price of bitcoin is barely growing. I just hope this pump altcoin thing stops otherwise it will take lot of time for bitcoin to grow.

If Bitcoin wants to grow sustainably and legitimately, the rate it's growing at right now is great. It could even take years for it to grow and that would be fine.