Market Panic can drive BTC prices Lower

[Potato Chips]

This is why we should stop it. If bitcoins price goes down. You just have to buy more. It goes down so

there is a huge dump and you don't need to add something to it by panic selling. It is sad that when it goes down.

The number of negative opinions are increasing which I think influences the others. We should support all the way

to the top and not to pull it down.

[trigger1975]

there is a huge dump and you don't need to add something to it by panic selling. It is sad that when it goes down.

That's something I don't understand -- maybe somebody can shed a light for me on this.  But on regular currency markets nobody ever talks about pump and dump.  Indeed in the altcoin market there is a big pump and dump, especially by the devs of the particular coin.  But BTC to USD or EUR is a regular currency market with enough market value and volume.  Currency exchange ratios go up and go down.  Sometimes on fundamental news, sometimes just because of market movements and signal triggered.

Today it was news.  I don't believe in a pump and dump game in BTC exchanges.  Not by this volume.

//alex

[JeffBrad12]

Of course it can take some influence on bitcoin but panic selling or buying can't make any radical changes. But when price is becoming lower and lower, in that time panic buying can speed up this process but it can't make beggar more than 40%, if that happened, than there are many other important factors also with panic buying and selling.

The buy wall will useless right now. The demand wants to sell the bitcoin.  The panic trend will still continue until the next time.

But it seems like a scenario If the price of bitcoin was touching in higher value and the Chinese bank try to decrease it with any bad news.

[RealPhotoshoper]

Of course it can take some influence on bitcoin but panic selling or buying can't make any radical changes. But when price is becoming lower and lower, in that time panic buying can speed up this process but it can't make beggar more than 40%, if that happened, than there are many other important factors also with panic buying and selling.

the current situation will not run forever , the panic selling that makes the price keep dropping will not run forever too.
it is just the matter of time for the market to bounce back, so make sure you are there whe it happened.
i see this as a normal thing , nothing new .

[swogerino]

Have it seen it jump over it's price just to go back down. It has been doing this all day since I went to work until I just got home.
If it is from all the selling off thats been going on all we can do is just wait until it stops.

[Golftech]

Of course it can take some influence on bitcoin but panic selling or buying can't make any radical changes. But when price is becoming lower and lower, in that time panic buying can speed up this process but it can't make beggar more than 40%, if that happened, than there are many other important factors also with panic buying and selling.

the current situation will not run forever , the panic selling that makes the price keep dropping will not run forever too.
it is just the matter of time for the market to bounce back, so make sure you are there whe it happened.
i see this as a normal thing , nothing new .

after years of watching bitcoin movements i'm immune with this so for sure panic selling would not a be good for those who's holding it right now since that chances of bouncing back to its price will still possible just really needed a lots of patience and waiting period but for sure it will go back time and time again, just keep believing and think about your investment.

[RealPhotoshoper]

Of course it can take some influence on bitcoin but panic selling or buying can't make any radical changes. But when price is becoming lower and lower, in that time panic buying can speed up this process but it can't make beggar more than 40%, if that happened, than there are many other important factors also with panic buying and selling.

the current situation will not run forever , the panic selling that makes the price keep dropping will not run forever too.
it is just the matter of time for the market to bounce back, so make sure you are there whe it happened.
i see this as a normal thing , nothing new .

after years of watching bitcoin movements i'm immune with this so for sure panic selling would not a be good for those who's holding it right now since that chances of bouncing back to its price will still possible just really needed a lots of patience and waiting period but for sure it will go back time and time again, just keep believing and think about your investment.

it is indeed you have be patient , especially if you are on lost situation.
i know that feeling , really hard to stop this fingers to push the selling button and cut loss.
but just back to the main purpose why you holding bitcoin then? just keep holding and enjoy the profit later in the future.

[marcoman22]

Yes market panic weakens the bitcoin progress, but at each and every time, bitcoin recovers from it. Mostly, panic selling occurs due to traders who are new to bitcoin.Big whales sell huge volume of bitcoins to make price fall and new traders get panic that price would drop more and start selling their holdings. Whales use this opportunity to rebuy btc at much less price and gain huge profits.

[clickerz]

Yes market panic weakens the bitcoin progress, but at each and every time, bitcoin recovers from it. Mostly, panic selling occurs due to traders who are new to bitcoin.Big whales sell huge volume of bitcoins to make price fall and new traders get panic that price would drop more and start selling their holdings. Whales use this opportunity to rebuy btc at much less price and gain huge profits.

Sometimes this scenario happens, the pump/dump scene. Weaker hands tends to sell when price is diving and this is an opportunity for season trader to buy one.If more people are in panic mode, it will really  pull the price down.

[traderethereum]

i am agree that if market got panic then it can make btc prices is going to lower than before and this is happen for now. i see that people is getting panic when they see the price is getting down and they think that its hard to gets up again, but i think its normal to see the down and up for the price and i am sure that the price will be back soon, its just a matter of time for us to wait.

[Mometaskers]

There is no reason for panic or panic selling. It's true that many Bitcoin holders have fear that the price would go down more deeply so they will sell which can lower a price for a bit more. But now isn't moment for selling, the head shor be kept cool and wait for this correction of price to be over because soon Bitcoin will be back on the way up.

If one has invested some decent amount of money at let's say 1050 US$ and saw the movement after it bounced at the ATH, I totally understand that this guy was in fear and did panic selling.  If one loses 20% of his investment within 4 hours, I understand anybody selling off any asset in panic.

//alex

Anyone would worry if someone bought at $1100 in a huge volume and then after one day price goes down at around 20%.  It is not normal so the first thing in mind of this person would be selling at the next increase to cut the losses.  But people who are in for the long run really would not be bothered.

Couldn't have said it any better sir. Only people who bought bitcoins in expectation of easy profit would be bothered with a sudden plunge. If you're someone who started cutting out on expensive coffee and used the money saved monthly to buy bits you really wouldn't be panicking since it's money you would have lost anyway. Selling out after the initial recovery from a plunge IMHO is foolish... it's already rising, why take it out? Might as well just leave it in there.

[X-ray]

There is no reason for panic or panic selling. It's true that many Bitcoin holders have fear that the price would go down more deeply so they will sell which can lower a price for a bit more. But now isn't moment for selling, the head shor be kept cool and wait for this correction of price to be over because soon Bitcoin will be back on the way up.

If one has invested some decent amount of money at let's say 1050 US$ and saw the movement after it bounced at the ATH, I totally understand that this guy was in fear and did panic selling.  If one loses 20% of his investment within 4 hours, I understand anybody selling off any asset in panic.

//alex

Anyone would worry if someone bought at $1100 in a huge volume and then after one day price goes down at around 20%.  It is not normal so the first thing in mind of this person would be selling at the next increase to cut the losses.  But people who are in for the long run really would not be bothered.

Couldn't have said it any better sir. Only people who bought bitcoins in expectation of easy profit would be bothered with a sudden plunge. If you're someone who started cutting out on expensive coffee and used the money saved monthly to buy bits you really wouldn't be panicking since it's money you would have lost anyway. Selling out after the initial recovery from a plunge IMHO is foolish... it's already rising, why take it out? Might as well just leave it in there.

People actually think to take opportunity before it's gone so it's natural behaviour. as i see most of people were buying bitcoin expecting for profit not just like buying bitcoin with dust and if they're going to lose what they have they just let it away. if you think that better holding than doing cut lose then you must be very rich then to not afraid of losing

[equator]

There is no reason for panic or panic selling. It's true that many Bitcoin holders have fear that the price would go down more deeply so they will sell which can lower a price for a bit more. But now isn't moment for selling, the head shor be kept cool and wait for this correction of price to be over because soon Bitcoin will be back on the way up.

If one has invested some decent amount of money at let's say 1050 US$ and saw the movement after it bounced at the ATH, I totally understand that this guy was in fear and did panic selling.  If one loses 20% of his investment within 4 hours, I understand anybody selling off any asset in panic.

//alex

Anyone would worry if someone bought at $1100 in a huge volume and then after one day price goes down at around 20%.  It is not normal so the first thing in mind of this person would be selling at the next increase to cut the losses.  But people who are in for the long run really would not be bothered.

Couldn't have said it any better sir. Only people who bought bitcoins in expectation of easy profit would be bothered with a sudden plunge. If you're someone who started cutting out on expensive coffee and used the money saved monthly to buy bits you really wouldn't be panicking since it's money you would have lost anyway. Selling out after the initial recovery from a plunge IMHO is foolish... it's already rising, why take it out? Might as well just leave it in there.

People actually think to take opportunity before it's gone so it's natural behaviour. as i see most of people were buying bitcoin expecting for profit not just like buying bitcoin with dust and if they're going to lose what they have they just let it away. if you think that better holding than doing cut lose then you must be very rich then to not afraid of losing

Actually one more think they can do is split buying if you split your investment portfolio and have bought like only 20% of your investment on high price then on all down fall you could have bought more in 20% split like this your buying price will also come down and if their is any uptrend then you can sell your investment in profit on bounce back of bitcoin price.

This panic selling caused by the traders who have bought in one shot of their investment and now seeing the 20% and more loss they are felling afraid.

[Supercrypt]

i am agree that if market got panic then it can make btc prices is going to lower than before and this is happen for now. i see that people is getting panic when they see the price is getting down and they think that its hard to gets up again, but i think its normal to see the down and up for the price and i am sure that the price will be back soon, its just a matter of time for us to wait.

But quick bouncing back is the scenario we can see so often with bitcoin prices and it is happening this time too.

I guess the panic selling got over once Chinese market's new regulations on bitcoin trading. If we are not having heavy manipulating then we can expect prices to stay stable.
Even panic selling is also part of trading, it will not sustain for long and with bitcoin trading too it is true.

[BlackPanda]

the market is too influenced by some of the behavior of traders who sell bitcoin in number very much.
they scare others and advised to sell bitcoin at that time. whereas if we are more patient we could get better results.

[bitbunnny]

I agree that many users have paniced recently and that their behaviour could influence the market. But it seems that this panic has stopped a bit and that their overall share in the market behaviour is not that big they could influence it significantly. But I'm a little afraid how big players on the market will behave in the next period, that could be crucial.

[bitllionaire]

Have it seen it jump over it's price just to go back down. It has been doing this all day since I went to work until I just got home.
If it is from all the selling off thats been going on all we can do is just wait until it stops.

some times when the price of bitcoin goes high, and after that when the market take a little correction, people start selling as they consider it as a big crash and panic like situation accure, and the price of bitcoin fell down in minutes. i think the  trader should now become mature and they should try to hold their bitcoin in suck kind of situation so that the price of bitcoin do not fell down so much.

[coinplus]

I agree that many users have paniced recently and that their behaviour could influence the market. But it seems that this panic has stopped a bit and that their overall share in the market behaviour is not that big they could influence it significantly. But I'm a little afraid how big players on the market will behave in the next period, that could be crucial.

Yes, after seeing sudden fall from $1150 to $760 levels, bitcoin whales may start think about booking profit when they will be getting $1000+ price levels next time.

Fortunately we still could have faith on them as they usually do not want to collapse image of entire bitcoin systems. I mean to say they have not got panic as they would have come across many down fall bigger than what we had in first few days of 2017.

[iqlimasyadiqa]

Have it seen it jump over it's price just to go back down. It has been doing this all day since I went to work until I just got home.
If it is from all the selling off thats been going on all we can do is just wait until it stops.

some times when the price of bitcoin goes high, and after that when the market take a little correction, people start selling as they consider it as a big crash and panic like situation accure, and the price of bitcoin fell down in minutes. i think the  trader should now become mature and they should try to hold their bitcoin in suck kind of situation so that the price of bitcoin do not fell down so much.

I agree with you . whereas we can set their own prices for bitcoin in a way not easily influenced by people who sell bitcoin in very much. Most traders feel that the price of bitcoin have been declining rapidly, they fear will experience a great loss if it does not sell bitcoin at the time.

[equator]

Have it seen it jump over it's price just to go back down. It has been doing this all day since I went to work until I just got home.
If it is from all the selling off thats been going on all we can do is just wait until it stops.

some times when the price of bitcoin goes high, and after that when the market take a little correction, people start selling as they consider it as a big crash and panic like situation accure, and the price of bitcoin fell down in minutes. i think the  trader should now become mature and they should try to hold their bitcoin in suck kind of situation so that the price of bitcoin do not fell down so much.

I agree with you . whereas we can set their own prices for bitcoin in a way not easily influenced by people who sell bitcoin in very much. Most traders feel that the price of bitcoin have been declining rapidly, they fear will experience a great loss if it does not sell bitcoin at the time.

Fluctuation in the market is healthy and we cannot get afraid of it, this daily fluctuations are caused by day traders who wants to clear the position on the same day whether it is profit or loss and on that basis some weak hands seeing the selling high just get panic and they also jump on selling side. But even then the market jumps back. for long term it is very good to hold it as very soon we are going to see the next high price of bitcoin