Quote from: Golftech on December 24, 2017, 03:11:03 AM

Quote from: andrei56 on December 24, 2017, 03:06:53 AM

Quote from: BitcoinBlack on December 17, 2017, 07:58:03 PM

Panic sell is big loss for the ones who own lots of bitcoin or other currency, it's much logical to sell little by little with sell walls. Instead of dumping the market and selling half of the coins for half price, also crashing the market..

What it happens is that people do not have a strategy when it comes to their bitcoin, having lots of money does not mean that you know how to manage it, selling for a price lower than the one you bought is a terrible mistake, it is better to hold, even if you have to do it for years since losing time is better than to lose money.

Sometimes you need to sacrifice in order for you to bounce back, those who understand how trading works are able to justified there decisions not because you sell your holdings to a much lower value means that you won't be able to recover sometimes buying back is also another set of strategy to gain back and start to earn again.

I don't think any of the experience person in trading sell their bitcoin or altcoin in the condition of panic. if you will see that the price of bitcoin is dropping rapidly then that's a sign that many are doing panic selling altogether. But it seems that the price of bitcoin is being stable and all of us who are holding bitcoins are being calm. For sure that is going to last long until Feb, I hope so that this scenario is going to be continuous.