Quote from: NEWGOODOUBLE on May 11, 2017, 01:11:17 PM

Quote from: LEEMEEGO on May 10, 2017, 09:04:51 AM

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Quote from: Teraboy on May 10, 2017, 03:40:40 AM

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Quote from: tabas on May 08, 2017, 09:03:12 PM

Quote from: Core.BUSTER on May 08, 2017, 02:35:48 AM

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.

I don't think so, The patience will be usefull for the long-term investment or trade. If you try to short and it will be useless. In these days a lot of the panic selling was hurting the price of coin caused by the bullish of bitcoin.

Correct panic selling is not good for the investor, doing short term investment in bitcoin is not good for an investor because Value of bitcoin is volatile its hard to predict when it will rising or dump.
But panic selling is good for the bitcoin it self and there is also benefits for those users who keep their bitcoin for a long term.

correct mate. panic selling will do you nothing. you may get profitbut it is still good to mmake more profit if you will hold bitcoin in a long term. and not sell it just because you think you have enough profit. do it with alts but not in bitcoin. bitcoin is intended for long term investment. so hold and triple or quadruple your profit.

I think not always panic selling gives a bad effect. When you've gotten lucky maybe panic selling will help. Because not always the price will continue to rise?

Panic selling would give bad effect to the user itself who sell his coins not on the right time and the one would really benefits is those person who do wait for the price to decrease after panic selling. This ting do normally happens specially to those newbies who don't like to lose money that's why they decide to cut loses when price tends to decrease believing that it would lose soo much more money.