Panic selling can contribute to bitcoin price going down?

[nazaididuan1]

If you want to sell your BTC, don't listen to bad news!

After panic selling, the supply and demand of the market changes, supply is greater than demand, the price will fall!

HODL may be a better strategy when prices fall.

[dynospytan]

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.

The way I see it, it is somehow affecting the price of bitcoin when everyone else is doing panic selling. We all know that the reason for panic selling is because the price of the coin you're holding is dumping and in fear of losing a lot of profit we tend to sell our holdings even if we know we can earn more. It is a great factor to consider why the price of the coin is drastically dropping because those who are panic selling are not helping they only make the situation a lot worse. We can convince them by talking to them about they are not the only one holding that coin and even if the price of the coin is dropping the other users chose to support it.

[Froloff92]

Of course it will. If you sell, the supply of bitcoin available in the market goes up. It means the demand is down so the price goes down along with it. It all boils down to the law of supply and demand.

[KrishaBitcoin]

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 selling is the main reason of Bitcoin price to fall down. It will happen if some occasion will trigger it like big whales start to dump their investments, banning of crypto currencies, price corrections and some FUD. In order to counter this panic we should help one another to keep holding our coin and keep buying the dip, in these ways we could convince the others to not sell their coins.

[CARrency]

Of course it will. If you sell, the supply of bitcoin available in the market goes up. It means the demand is down so the price goes down along with it. It all boils down to the law of supply and demand.

This might be right but you did not included the people who are holding their Bitcoins. Yes, that is right that if the supply of Bitcoin in the market is high, the price go down, also if the Bitcoin circulating is not that high, and people are not interested to buy, the price goes down.

[Creepings]

The Bitcoin prices are not going down due to a single event. It is to be understood that there is a series of events which is eventually taking Bitcoin down.

But FUDs are also a problem so a lot of people are quickly doing their panic selling every time the price goes down a little bit and if there is a news that might affect the price of Bitcoin. It might be a single event it also affect the price of Bitcoin at some point.

[Ivandvanko]

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.

this is human psychology and the market plays on it.  It is impossible to make all people think alike and not panic.

[kaizerblitz]

If you are a bitcoin whale like you have a thousands of bitcoin you are the one the reason why bitcoin price is down but if you have a smaller bitcoin amount not less than 10 bitcoin there was not affected the price of bitcoin.

[yanimkurniawan]

You do not panic about bitcoin prices with very low value, so you can wait patiently with price increases, so you will be more profitable with patience waiting for him. because the future of bitcoin is also very good.

[Sadlife]

Yes it does. It will affect the price depending on how much the user has sold, if he had sold millions the price will definitely go down. One of the good way to help people not to panic sell is to not spread FUD post cause most people let emotions get a better of their decision when they see some bad news they panic.

[naigelbit]

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 i think so. But panic selling is for weak hands. They thinking that BITCOIN will never rise again so they will sell on cheap price, and that cause BITCOIN will drop the price

[gambitcoin53]

bitcoin relies on the principle of supply and demand, just like any other investments, the bigger the demand, the higher the value, inflation takes place when supplies are high, but there are no buying activities,  panic selling is a result of the downward trend, thus, it creates more drastic downfall if we contributed to the holders who sells immediately when we encounter a downward trend. what we should do is either hold or buy more bitcoin if the price is going low, it is actually an opportunity to buy more bitcoin at a lower price, when the price fluctuates high, then that is the time to sell.

[Rossy Akbar]

I think it's inverted actually, well I don't what clearly makes bitcoin price low but it does make people panic selling because sometimes has their own fears even if you have a lot of bitcoin and you think that bitcoin price will always low evenmore.

[Kolly]

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.

It can be a factor for prices to go down because dumping would make the supply grow but with lesser demand thus prices would go down. We can not do anything about panic sellers because it is their way of cutting their losses.

[Elrozaq]

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.

dont panic, I think the best way is hold today. wait until the market become go up about 3 months.

[no0dlepunk]

That is exactly how the money makers play with the market... imagine what if they sell huge amount of tokens (or btc) at a decreasing price, and they have another entity (which is also them) who would set buy orders so they would have nothing to lose, and then as the price goes cheaper and cheaper, the panic sellers (weak hands) add up to the sell volume - then the money makers take away their coins at a very cheap price. That is why you should never sell during these events.

[Leyss]

It is through the panic in the market of crypto-currencies and bad news concerning it that the rate of crypto-currency is falling most often. We can not help it. The panic was, is and will be, because the emotional state and temperament of people are different and under the same situation they are doing absolutely the opposite actions. Simply some people will suffer losses and leave the world of crypto-currency and their place will be filled by new ones who will make the same mistakes. In order for this to change, the crypto currency must very firmly enter our life and be supported by the state in a way that does not interfere with its development.

[checkmatesir]

I don’t really think that’s the issue here. There are people who can command the direction of this market with just a one time investment. Our own investments can barely contribute to the price of Bitcoin cause it’s too small. And whenever people are selling due to panic, I don’t really blame them cause they have to do anything to survive as of that moment. We all know that there are whales whose investment can increase or fall the price, so it’s best for you to do the best you gotta do as of the moment price is going down.

[Marrionbitcoin]

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.

As of today, the price is still low and sometimes it goes down, but don't be panic about it because that is normal in trading. We are in the season of lower price and I know soon that it will rise up again. Selling Bitcoin will contribute to the decreasing of price and demands in the market. For now, you just need to be patient and hold your Bitcoin because there's nothing to do about it but to wait for the price will increase again.

[gabmen]

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 as individuals cant do much if people results to selling their coins out of panic. And yes panic selling can contribute for the prices to further go down because supply is going down but lesser demand.

It doesn't only contribute but it's basically a main factor. It's the opposite of fomo, which also contributes to a coin's value pumping up. These are factors fueled by people's emotions which can be really hard to control.