I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing panic selling.
Yes panic selling can contribute to the bitcoin price dropping. So for now bitcoin is going rise again because many people buying bitcoin now so when many people is doing panic selling because bitcoin price is high there's a big possibility that bitcoin price is dropping badly. So don't do panic selling.
In the investment of course we have to run the strategy, and I think the best strategy is to be patient, many users who are impatient and panicked when looking at the price drop and this is certainly what want the bitcoin haters.