Post
Topic
Board Economics
Re: DON'T DO PANIC SELLING !!!
by
logicgate
on 26/10/2017, 16:00:37 UTC
Hey everyone Smiley

finally the price of bitcoins is increasing and was becoming more stable but ! Its price is again decreasing now... You know it will be very nice if you guys instead of dumping them hold on to them...
Dumping the bitcoins in panic because of the fear of the price never reaching this high value in future.. does affects the price of bitcoins in a very bad way!
Yes some people get profit form it but!!!it decrease your future chances of earning even more higher profit... And so does for everyone else...


Nothing good will happen if someone do something when in panic. It is because they cant think critically and also theyre nervous about what they are doing. So dont do panic buying as well as panic selling. Know the time when to buy and sell bitcoin. You can do that by continuosly monitoring its unstable price.
Panic selling gives unbearable loss to investor as well as to bitcoin because bitcoin never let down anyone’s money and who do panic selling are mostly newbies they are not well aware of the up and downs it the bitcoin prices and when price go down they start selling and in result this give loss to bitcoin and it take time to recover the previous prices also so control nerves in such situations.