Post
Topic
Board Economics
Re: DON'T DO PANIC SELLING !!!
by
Pattart
on 21/01/2018, 00:55:13 UTC
I never panic sell bitcoin. after the March crash.
People also need to know what is the reason for them to remain the faith on bitcoin specially on having an investment and trading out of bitcoin. For me it is a good thing to hold bitcoin specially when it doesn't require you to used much money to start an investment and trading out of bitcoin.
Panic selling is not the right thing to do at this time because if people will sell out more bitcoins prices will surely go down and panicking is the thing that can bring huge loss to the investor and I am sure those who are planning future by using bitcoin they are taking sensible decision of holding ups and down comes in every investment and the true believer never cut off he goes for the bigger value so at this time simply hold.
I think the panic selling effect that happen by some of you is not only giving you a loss but for the whole user. because of course mass panic will make the market becomes chaotic and the price will continue to decrease. so I think do not be short-minded that you will lose. because it will lead you to panic selling and doing cutlose. You're right that it's better to believe in the future of this coin. and hold your bitcoin and you'll see prices will go up slowly but surely will surpass the price some time ago. be patient dude..