Re: panic selling

Theres a little panic selling thats happened this week thats why bitcoin price go down. But its not enough to make bitcoin price to go down deep. A normal strategy to make profit in a short period of time.

We should not get panic and at that stage we should try to buy as many coins as possible by taking an advantage of price dip so that it can give us an opportunity to accumulate more number of coins at lower price and sell them when price goes higher in future.

For the bitcoin, when there is panic selling and the price drop a lot, I will buy more and have made some profits since.

There is a lot of whale that just waiting for the big dump so that they can bag more of it. There is no need to panic selling if you are just a small volume order because they are many backup out there that willing to support bitcoin. Don't treat bitcoin as regular cryto currency out there that has a very volatile price.

i am hopeful that their tricks will never be successful any more as people have no become more and more mature. they are now not going to sell their bitcoin in panic selling, i am sure that they will wait for the right time and will take the right decision about their bitcoins.

Many can not make the right decision. Especially beginners. They quickly succumb to panic. And they often make this mistake and sell bitcoins at a low price

in fact those people who do not have good experience in trading bitcoin, so when the price of bitcoin start a little market correction people consider it as panic like situation and they start selling their bitcoin.. to me i think such people need to get some experience about trading and after that if they will invest their bitcoin so it will be in their favour, and will surely prevent them from panic selling.