Quote from: transabox on April 25, 2017, 12:26:43 PM

Quote from: moonya on April 25, 2017, 12:21:00 PM

Quote from: Ipwich on April 21, 2017, 05:24:50 AM

Quote from: Victorycoin on April 20, 2017, 08:44:24 PM

Quote from: batang_bitcoin on April 17, 2017, 03:05:32 PM

Quote from: pacifista on April 17, 2017, 12:59:59 PM

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.

I guess some of the whales wants to make some movement. It's either the current price for this week is already enough for them to make profit, because that is $1,200+ and we know that it's already good enough. And that's they did sold some but I don't think that is panic selling, because if that is panic selling we are seeing the price now back lower at $1,100.

The price pf Bitcoin have remained impressive since 2016 leaving most speculators in profits, so it is not unlikely to see a sizable number of sells every time new high is made and that is entirely a different ball game from panic sell off. Nevertheless, panic selling most probably out of fear, uncertainty and doubt (FUD) is indispensable in any speculative market.

That is completely correct, but we can avoid panic selling if we keep updating with the news and analyze what is happening in the
market. Bitcoin will rise accordingly in the future as it is back by volume of adoption, if you fear the temporary price dip, you don't belong here.

Not everyone can constantly analyze. Many just look at the price of bitcoin and make a decision. Not always this decision is correct. Especially many beginners make mistakes, because they do not understand that this is the norm

Well, on these newcomers who are guided by emotions and built all the trade. There must be someone to lose so that the other can earn.

Yeah, that is also true. There are always people who with their behaviour facilitate others to make more money. Cool head and rational thinking comes with experience and also with some losses caused by too quick, panic and irrational decisions.
Now it's definetely not the time fo panic selling and bad decisions when price looks so well.