Quote from: Bitcoinjheta on November 24, 2017, 10:46:09 AM

Quote from: Sled on November 24, 2017, 10:40:07 AM

Quote from: Pattart on November 24, 2017, 08:51:57 AM

Quote from: btcminer6212 on November 21, 2017, 01:56:05 PM

Quote from: DarkIT on November 21, 2017, 01:08:24 PM

bitcoin prices fly high to the moon, may be affected year-end. well, buying bitcoin now would be a good thing. most likely the bitcoin price will rise again. and of course pass the $ 8500 price in the near future. but, in addition, many people are afraid of the dump of bitcoin prices, so many people are selling panickedly. but, for the time being, it has not been too self-conscious.

Panic selling or in other aspect has nothing to do with our life, the successful person patiently wait for their right time to be rich or to earn, if we are afraid to hold our bitcoin for long and easy to sell just because the price goes down which is normal in any trading, then, nothing would happen in our life.

Sometimes panic is the biggest scourge for a trader right ? we all know that the key in getting profit in the trade is patient and not panic but sometimes in real trouble we sometimes panic and harming ourselves, a few days ago I bought ETH at the price 0.046 btc and unfortunately after that the price drops to 0.043 and does not go up in a few days and that's what makes me panic and then sell it and you see the price of ETH is currently up and I lose much money, sometimes we know to not do panic but sometimes circumstances forcing us to panic, isnt it ?

Panic selling is just normal in this kind of market but once you done it then don't do it again because it will just lead for the same result and that is losing money and opportunity. Take all your mistakes as a lesson to make better decision in the future. If you will not do panic selling again and only sell your coin in the right price or on the price that you want to sell then you will earn more money or profit than before.

In whatever situation, panic decission is often leads to misfortune, so always compose yourself and keep an alert and vigilant mind. In selling btc for example, do not just sell but always update yourself with the latest trend and price in the market. Analyze charts and always safeguard your decissions with knowledge and cleverness.

I agree with you panic decisions are always a bad choice to go for because it is very hard to know and understand when something goes down what to do then you think you lost everything because it went down but you forget it can go up.

Darkrulerx

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