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Author Topic: Why panic buying and panc selling?  (Read 1828 times)

Offline jet

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Re: Why panic buying and panc selling?
« Reply #15 on: August 18, 2018, 03:25:07 AM »
New investors always experience this kind of things, i would see it an afraid to loss their capital in selling and an excitement to buy coin when price is moving up. Forum is good avenue to get yourself educated on the normal movement of the market and to avoid you of getting loss in space.
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Re: Why panic buying and panc selling?
« Reply #15 on: August 18, 2018, 03:25:07 AM »

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Offline arifrey77

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Re: Why panic buying and panc selling?
« Reply #16 on: August 18, 2018, 03:31:47 AM »
I think selling panic is because the market continues to decline, so that new users in bitcoin will sell at low prices because of the panic.

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Re: Why panic buying and panc selling?
« Reply #17 on: August 18, 2018, 04:51:29 AM »
All the panic sell we see are as a result of inexperienced holders of Bitcoin. Instead of seizing the opportunity of the market dip and buying more coins, they do the otherwise by selling at cheap prices.
Panic buying which we normally refer to as FOMO also works good for Bitcoin as Bitcoin experience a huge influx of investors but in the end these people who are controlled by FOMO are easily controlled by FUD, hence a dump in the end.

Panic buying and panic selling will affect the value of bitcoin. Be patient if the price of crypto is going down. It is normal.
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Offline bhm45

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Re: Why panic buying and panc selling?
« Reply #18 on: August 18, 2018, 05:09:40 AM »
I think there will always be fomo to buy a coin and fud to sell. When ever there is panic everywhere just study the market to make a good decision.

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Re: Why panic buying and panc selling?
« Reply #19 on: August 18, 2018, 05:20:38 AM »
Great informations, I agree with it because base on what I noticed last december 2017 many people are jumping on crypto because of the price increase then after they saw the price is dropping they just panicking to sell their bitcoin or altcoin and other currencies. I guess those or if some people want to jump on crypto industry just make sure to read first so they will not going to be like those who loss alot because of riding on FOMO.
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Offline Prime

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Re: Why panic buying and panc selling?
« Reply #20 on: August 18, 2018, 08:14:12 AM »
This situation should be used properly by investors, especially new investors. This is an opportunity to buy, when the price of coins is down to get a profit. And for old coin holders, don't sell your coins when prices are low. Hold the coins you have for profit.
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Offline Black ID

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Re: Why panic buying and panc selling?
« Reply #21 on: August 18, 2018, 09:01:18 AM »
Yes indeed that is the main cause of the decline in the current Bitcoin price. many users still don't understand and actually sell their coins at cheap prices. when when Bitcoin Dump. it's an opportunity for everyone to buy Bitcoin at a low price and sell it when prices rise.
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Re: Why panic buying and panc selling?
« Reply #21 on: August 18, 2018, 09:01:18 AM »


Offline Ryanpogz

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Re: Why panic buying and panc selling?
« Reply #22 on: August 19, 2018, 03:33:48 PM »
So are other newbie investors or long-term investors. They do panic because of continue low value, it will increase but will not last long. Can make the panic buy high sell low. That's what happens.

Offline Arybes

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Re: Why panic buying and panc selling?
« Reply #23 on: August 19, 2018, 04:00:19 PM »
new users in bitcoin will sell at low prices because of panic. I think selling panic is because the market continues to decline, because they are too afraid of their assets will disappear all.

Offline sturec22

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Re: Why panic buying and panc selling?
« Reply #24 on: August 19, 2018, 04:20:30 PM »
the market goes through psychological phases. That's the exact reason why we have FOMO and FUD.

Offline Master107

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Re: Why panic buying and panc selling?
« Reply #25 on: August 19, 2018, 04:51:01 PM »
The reason of this matter is unstable mindset of hold system no matter what is happening in crypto. Fomo helps to effect massively the people. Very easy to make someone worried specially the person without proper foundation in crypto.

 

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