panic selling

[BitGenerator]

What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?

Yes makes price to fluctuate and that's when traders came in game and earn by this.

[tuanvie]

I hate when this happens around me. This is the time that we shouldn't do panic selling. It really amazes me that those who haven't learned this yet. First we all need to learn how to be more patient then everything will be fine.

[Batang Hambog]

What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?

you are describing panic selling yourself!

when such thing happens usually weak hands (newbies) start selling as soon as they see price going down then it starts a chain of events which leads to more sells.

but the effect depends on the cause of the panic sell and it is usually small and at worst case scenario it is only $50 reduction of price.

I did it one time when the bitcoin value really dump into lower price and it makes me afraid to lose my bitcoin so i converted my bitcoin into fiat for me to make sure that it will not lose all. And weeks ago after that the bitcoin price recovers and it really maked me feel so bad loosing few of my money.

[elpsycongree]

If a huge amount of people sells their bitcoin due to panic caused by the news or rumours, it's possible that the price of bitcoin will drop down, depending if the amount of bitcoin they've sell will be significant enough to make a huge impact with the current prices.

[Ipwich]

If a huge amount of people sells their bitcoin due to panic caused by the news or rumours, it's possible that the price of bitcoin will drop down, depending if the amount of bitcoin they've sell will be significant enough to make a huge impact with the current prices.

Now that the price are climbing I think it will create a big panic when there will be a hard dump.
I like to see how much it will dip as for sure I will not pass this opportunity to buy, just hold more because the price has no plan of stopping the rise.

[pauuui]

There are a lot of people that are very volatile to the dropping price of bitcoin that leads them to think that the price will pop down big time making themselves a paranoid by selling all their bitcoin when the prices go down.

[Bosx1ne]

What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?

Do you think panicking is good for us? One of the problem of the trader is they are panicking if they saw that the value of their coin is decreasing. I am also a trader and I do not let my emotions be carried away.

[siopaotsin]

It is really not good when people are affected by the news and price drops from time to time and then they tend to panic sell their bitcoins thinking that the prices will drop down bottom making their investments to a loss.

[bit.pawy]

Many traders, especially those that are new and not yet really familiar with trading are the ones very likely to fall for panic selling. Thinking that they're going to lose their investments in no time, they then to sell when the prices go down rather than to hold and wait for the prices to go back up. They're vulnerable to rumours or news with no real basis which affects their ability to determine what to really do in such situations.

[crustez00]

What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?

If that imagery of your became real/ happend, then it could bring some bad bad news to the bitcoin prices. Huge stock will pour in the market, the demands got loss. Then followed by prices that will surely drop, many people will join this rally of dumping because of scared to loss more. maybe that'll be bitcoin bad times. but i don't hope that will became true 

[BeGoods]

I hate when this happens around me. This is the time that we shouldn't do panic selling. It really amazes me that those who haven't learned this yet. First we all need to learn how to be more patient then everything will be fine.

should we have to change our mindset against price reduction. because many users think that price dropping is a bad thing that makes them panic and then sell their bitcoins and losses? I think we should change our mindset that this is a good opportunity to buy again

[Sidiq SP]

I think it's natural for now, because public confidence about bitcoin is higher, we see the pattern of bitcoin movement in this week's week, soaring height, dump or rally problem even if the impact is very small impact to this bitcoin,

[Jupeter]

definitely bicoin mae. Idividuals are purchasing bitcoin because the most reliable gold coin.Dogecoin is lt,tnrong than bitoincssste

Panic selling is the worst decision of people or users of bitcoin we will made, panic selling is not the best decision to make when tha value of your coins will dump or will decrease, dont do the panic selling, just trust your coins and wait until the coin you are holding will pump or increase at very high price.

[nightfury]

They panic selling due to the fact that their altcoins that they HODLed for a while starting to fall down because of bitcoin's price hike. But instead of pushing the panic selling button, why not continue to HODL and buy more when price is getting low?

[crocozino]

there are always a lot of weak hands, they sell their bags in panic every time they see a dump!
they drop all their coins no matter if they will be at high or low loss at all! sure there is whales which can manipulate coins, the volatility at bitcoin is attracting more and more investors.. so think well before fall into panic. analyse, then act!

[Pakboy]

What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?

Panic selling can lead us to lose our money. When I am a beginner in the trading world, I always got panicked when I saw the price of my altcoins. It is also the reason why I lose some of my money. We should not panic if we are doing trading.

[jakoylantern]

For me, some people are panic selling because of the price of bitcoin right now. Yes, bitcoin price right now is high that you can gain plenty of money. But bitcoin is still increasing, and you can always earn more money. Panic selling your bitcoin can lead you to lose plenty of money in the end. Just continuously analyze the situation why you would sell or trade your bitcoin and what will happen if you sell it.

[bittybits]

It is really unavoidable if you are just a starter when it comes to trading but it's also possible that even those that are long-time traders are also prone to panic selling. it's because of the value of bitcoin that makes people panic especially if the value consistently drops down consecutively.

[deppil]

What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?

Do you think panicking is good for us? One of the problem of the trader is they are panicking if they saw that the value of their coin is decreasing. I am also a trader and I do not let my emotions be carried away.

I think panic is not only when the price goes down, but also when the price rises there are some users are also panicking selling. sometimes panic selling is also useful but it is just gambling, the most precise of course remain calm and do not get carried away emotion. do the calculation before making a choice dude!

[andrei56]

That made Bitcoin's price drop dramatically. Although you know it, you do not sell but there will be a lot of people scared and they will sell. This made many people dumping, and the price of Bitcoin was falling. At that time, for fear of losing money, you also have to sell. That's the crowd effect and it's hard to avoid when someone wants to make a dump

You cannot stop people from panic selling what you can do is to avoid yourself from panic selling, it can be hard but for the person that is really convinced about the future of bitcoin, selling is not really an option, the price may be high but many of us are waiting for even bigger prices to sell.