Re: panic selling

I wouldn't suggest anyone to sell any Bitcoins right now since the price of Bitcoin is going up. Since I like to watch the Altcoins go up in value when the price of Bitcoin goes up, there is a large chance that people could make more Bitcoins from participating in the price uptrend.

The only thing that I don't like about people panic selling is that they usually complain when the price of Bitcoin gets really expensive and they can't purchase Bitcoin cheaply.

It's fine if they are going to sell only if they really need some extra cash for their own purpose but don't ever try to sell all the bitcoin that you had. I really hate panic selling, there's no unity between the users and traders, when this panic selling will be stopped for sure we are going to see the price to fly up to the moon.

We doesn't seems need to panic selling why? Because why would you sell it if you will lose? Then HODL for it and be patience you will see it if you panic sell and the alts that panic sell is pump much more high. Then you should think of it why i sell it? I just want to say AIM FOR THE HIGH

it is the nature of the bitcoin that when its price start decreasing then it can dump more that 100 points in few minutes although it can also recover its position very fast than its decreasing, but still people think that it is better to book a little lost instead of losing everything, they forget the recovery of the price of bitcoin again. i think they should try to hold their bitcoin specially in panic like situation.

Expert people do not sell their coins when the price start to drop as they know that the price of bitcoin will not drop permanently or for long term but it will fall down only for a short term and will recover to its original value very sooner while those are are new to the bitcoin they often lose their heart and immediately sell their bitcoin when they see the price at down.