Ninjastic
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Board Economics
Re: panic selling
by
ArnoldChippy
on 09/05/2017, 23:24:23 UTC
Quote from: goldcoinminer on May 08, 2017, 05:47:00 AM
Quote from: Zenithar on May 08, 2017, 04:18:39 AM
Quote from: Humanxlemming on May 07, 2017, 03:30:30 PM
Quote from: batang_bitcoin on May 07, 2017, 02:47:27 PM
Quote from: stripykitteh on May 07, 2017, 02:43:12 PM
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. 
100 points or 100 percent? Please make some clarify of your statement, I know bitcoin could dump but I'm
not seeing it to dump at that level, that is pretty much alarming and will probably cause panic.
i am hopeful that we are not going to experience any other panic selling like situation. although the market can take some correction which will cause a little dump but we cannot consider it as panic selling. because people are not going to sell their bitcoin in panic like condition and will prefer to hold it.