Post
Topic
Board Economics
Re: panic selling
by
pyata4ok
on 09/05/2017, 21:47:13 UTC
Panic selling is just for inexperience holder of the bitcoin because if you are have enough knowledge you will not do a panic selling.

I am one of those inexperience holders that started to panic when I'm seeing the price of bitcoin to fall but I learned from my mistake and started to focus with the charts. And right now, I strongly believe that the price of bitcoin is going to become higher and I don't need to panic right now, the market of btc is strong.

Yes, to make good money using bitcoin you need to get a lot of patience, because emotions can only be lost.

And if you are going to become more patient as the price of bitcoin is going to increase for some more and I think this is unstoppable right now. Those panic sellers are also happy right now and they don't intend to sell some of their holdings because they are seeing that it will give them big profit when the price starts to increase more.
You know, this excitement in the market and panic is created specifically, because even at the forum there are enough topics with relevant questions.