Btcwashu (OP)
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April 04, 2018, 12:15:10 PM |
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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.
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Monta3002
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April 04, 2018, 12:25:00 PM |
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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, it is. You cannot convince people not to do panic selling because it is their own choice and panic selling is just a normal thing when there is a bad news going on in the crypto industry. |
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BossMacko
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April 04, 2018, 12:29:35 PM |
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Any amount you sell during low time of bitcoin really does contribute into more dip of the price nd sadly we cannot control people not to sell during red days because that is how they manage there investment. One thing we can do if we know this is not to participate along with them and just keep what we can keep and believe until the time we profit a lot for believing in Bitcoin.
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BabyBoss
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April 04, 2018, 12:31:37 PM |
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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.
We can't convince them if they are really controlled by their emotions, remember that our emotion is the worst enemy here in crypto currencies. Well, I think yes there are some people contributing bitcoin price dump but the main market is in very dump situation right now and I believe people can't control it. |
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darrly
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April 04, 2018, 12:41:29 PM |
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Yes it is we cannot other people and blame them in doing panic selling because they have their own minds too. We should let them know it is bad to do panic selling by posting this kind of thread in this forum.
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cryptojac17
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April 04, 2018, 12:42:59 PM |
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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.
We can't convince them if they are really controlled by their emotions, remember that our emotion is the worst enemy here in crypto currencies. Well, I think yes there are some people contributing bitcoin price dump but the main market is in very dump situation right now and I believe people can't control it. [/quote Yeah if you easily carried by your emotions you will not prosper, what happens in your business if you buy it in higher price then dump in lower price. If you're thinking profit there is no need to panic think positive do not be carried easily by your emotions. |
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khufuking
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April 04, 2018, 12:55:06 PM |
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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.
of course it is a part of the drop in price , there is no way to convince the holders that are in panic to not sell except by showing them positive news nothings else will stop them from selling , they are in panic mode and to convince them they need to see the market going the other way which will happen threw positive news . |
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sampalokmix
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April 04, 2018, 01:10:55 PM |
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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.
I agree with this, in addition to that, people who tend to do panic selling affexts the other people in prolonging their waiting time for waiting the token price to increase, if the people will set their price on the lower state the bid will still remain on the case, which set the price lower than expected, I hope this will cut soon cause it affects everyone. |
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fatirborju
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April 04, 2018, 01:11:04 PM |
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I think if you are in their position (bitcoiner) you will also do the same thing that sells panic, because you are also afraid when bitcoin selling price starts to decline, when actually the price drop is also a normal thing but When they know the bitcoin price goes down then surely they do not think long to sell bitcoin ...
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fiulpro
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April 04, 2018, 01:15:35 PM |
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Panic selling can 100% cause the prices to go down. Well obviously it needs many panic sellers to contribute largely. But factually, yes it can affect the pricing.
Panic selling is when a user thinks the prices are not in their favour or that they are not making good profit out of the deal, and they suspect that the prices might further decline, they get into panic. This brings a thought that why not simply sell right now, and save us from further larger possbile loss.
This selling, when prices are already down, brings the price further down. Because if many people do this, this creates a virtual pooling or extra availability of bitcoin in the market, because everyone wants to sell it, thus the supply is high, and demand is low, thus the price ends up dipping further.
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andreijoaquin
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April 04, 2018, 01:23:51 PM |
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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.
There's no really proof that panic selling can contribute to price change in bitcoin, though many says the demand and supply chain contribute to the current price of bitcoin, still no specific data can explain what was happening. Bitcoin always flictuates, as it is the nature it has ever since. What we can do now is continue to support bitcoin despite those setback and continue believing it will recover soon. |
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jakagintiri
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April 04, 2018, 01:24:29 PM |
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That's the problem of all the problems, the negative problem just bridging the panic, nobody can find a solution with this where the difference heads and different content, I can not convince people to stay 100% until prices soar because their money I can not manage the rights -they're just giving advice, not to sell it if you want to be successful in the future, with you holding it so mean that bitcoin is pumping again.
So a very sharp decline is currently a huge sale, even any negative news will not change the bitcoin price when all its users are consistent to hold it to the future.
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harizen
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April 04, 2018, 01:29:22 PM |
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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.
Even how small the dump is, it will affect the flow even at low percentage. But for how rapid it is, it will depend on the effect of the triggering the dump. There are lots of reasons why traders, holders or just an average joes dump their coins and that is based on their own preferences. How can we convinced them not to do panic dumps? It's out of the context because that is part of the crypto trading system. Like I said there are lots of reasons why people dumps so even we are on a bullish or bearish trend, expect that there's a dump. Just be used to it and you'll be fine.  |
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rizqillah
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April 04, 2018, 01:45:54 PM |
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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.
keep calm mate, the price going down is normal. it is a currency, so demand is major factor. |
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bettercrypto
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April 04, 2018, 01:48:50 PM |
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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.
Panic sellers are the reason why does bitcoin dump. Probably, bitcoin has a scarce supply. Whatever happens in demand of the people in BTC, the price always fluctuate. A single sell of BTC can cause a small dump. What more if there are many sellers? For sure, it will cause for market crash. |
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Nylelyn
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April 04, 2018, 01:50:27 PM |
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Any amount you sell during low time of bitcoin really does contribute into more dip of the price nd sadly we cannot control people not to sell during red days because that is how they manage there investment. One thing we can do if we know this is not to participate along with them and just keep what we can keep and believe until the time we profit a lot for believing in Bitcoin.
Exactly, it contributes to worsen the situation. When you sell your btc at a very low price the tendency is that others will take advantage and will place at a much lower till the price dumps at the lowest which is really terrible for those who bought it on a higher price. We are doing business to earn profit so let us keep the faith and be patient, let us not be one of those who panic sell that leads to huge losses and detrimental to bitcoin. We should all push bitcoin to increase the price. |
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bakujo0817
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April 04, 2018, 01:56:07 PM |
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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 will effect the price of bitcoin going down .i think we cant convince people to not panic selling because thier afraid to lose thier money in fact many investor in bitcoin are not knowledgeable and using thier emotion on trading . |
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BitcoinTurk
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April 04, 2018, 02:22:47 PM |
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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.
Of course, unlike the whale moves, panic sales is also a very important bargain to lower the price. Usually when whales drop the price seriously, they wait for these sales to take place and quickly evaluate the reserve in their possession. In the frequent pump and dump movements, the pros and cons of these sales are huge. |
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kaizie
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April 04, 2018, 02:24:33 PM |
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If we are panic selling it will have a big impact on lowering the price of bitcoin. But if a bitcoin investor wants to sell his bitcoin, we can not do anything for him to stop because of his decision it may be a burst of emotion because he noticed that the price of bitcoin are going down. We can give them some opinions or advice, but they still have the final decision.
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Ridwan Fauzi
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April 04, 2018, 02:25:50 PM |
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It's not about panic selling bitcoin price will go down, but if you sell and everyone sell in whatever time the price bitcoin go down. Bitcoin price is depend on supply and demand, that's who make bitcoin will go up and will go down.
And if suggest me for give advice to someone for hodl or not sell bitcoin that their have, that is very imposible. Everyone have a way to make a profit, everyone make this situation for a chance to get profit. We can't do that, or you should know how to make a profit for this situation you can learn more.
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