Post
Topic
Board Economics
Re: panic selling
by
Jonny_DD
on 18/04/2017, 07:34:10 UTC
What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Selling bitcoin is challenges to everyone. For the long time you save money there's a time that we need to trade because of unexpected time or emergency. Since we can't predict the prices of bitcoin, we have no idea when is the right time for selling.

Why can not we? We now see that the price is good. Some have already sold their bitcoins, because they recently bought coins for 900 dollars. They stayed at a profit.
The main thing is not to panic, but to follow the course and make the right decisions.