Panic selling can contribute to bitcoin price going down?

[muddy waters]

I need some opinion if panic selling can contribute of rapidly drop of the bitcoin price.

On April 17 the price of bitcoin dropped by more than $200 over 20 minutes.
The reason for this drop could be the sale of a significant number of BTC. Bitcoins worth more than $100 million were sold from two wallets within 24 hours (definitely these were two wales).
So yes, panic selling or selling of large volumes of BTC would definitely contribute to the drop of its price.

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[Papaczed]

of course, if everyone panics then automatically the value in the market will go down, it's like a stock or a bank, if many customers make withdrawal or sale simultaneously then of course the bank will suffer huge losses

I agree if a lot of holders of bitcoin will do panic seling  it will surely contribute to a dump of bitcoin price, my advice is all of the holders of bitcoin should just keep and hold there bitcoin until price of bitcoin will became very high in the market.

[ruletheworld]

of course, if everyone panics then automatically the value in the market will go down, it's like a stock or a bank, if many customers make withdrawal or sale simultaneously then of course the bank will suffer huge losses

I agree if a lot of holders of bitcoin will do panic seling  it will surely contribute to a dump of bitcoin price, my advice is all of the holders of bitcoin should just keep and hold there bitcoin until price of bitcoin will became very high in the market.

There's a reason markets exist and you cannot coordinate such actions among unknown parties. Let the market take its course, and over time, the type of people who hold Bitcoin will change.

[faceoff97]

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.

Basically it will definitely have an effect on the price, since the coin value is dependent on people decision anf action. Panic selling will only happen if there were news related to banning and other fud. Though the effect only get to happen in short term period since there were lot more people who eventually buy and choose to believe that bitcoin has a future.

[PrincessChe]

Sale of panic exists on all types of the markets not only in cryptocurrencies. Exists not so much to prevent it, but you can use him, buying more as soon as the price falls.

[elkafee79]

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. the bitcoin is high volatile. panic is normal,  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. So, I think, you prefer hold it and wait.

[Wipangga]

if you see when the price is low for us, you do not panic and you can be patient to control your emotions, so you can wait the next few days for a better price, so you will generate greater profits.

[DonateBB]

Yes, because then the supply is too large, the buyers have reduced and they try to pinch the price so that the price will go down. And now the market is rising again, investors are expecting very high in the next few months. So now most of them hold the BTC.

[Paul karet]

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.

sales due to panic when people see there is a reduction in bitcoin prices, I think the price of bitcoin will go down.
there is a cause of the increased volume of bitcoin present in the market.
this can be likened if fruit season in market, fruit price will decrease.

[cuprice]

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 think not only those panic selling can contribute the price go down also those who sell their coins for a purpose but I think the panic sellers are just few as compared to those whales. It's a business strategy to big holders to create panic.

[logicgate]

I think yes. Panic selling can contribute to price down in the market. But its hard to convince other not to panic selling because they don't want to lose their money it always be their choice what to do.

If we list down all the factors which can result in the downfall in the market value of any of the crypto coin, then the most common and the most important reason behind that will be none other than that of the panic selling. Panic selling is the biggest mistake which is being made by the newbies and sometime by the experts as well because of loss of their control over their emotions which result in their loss as well as the downfall in the market value.

[Situk brok]

Very many of those who have coins do panic sales because they are afraid of the fall in the price of tokens they hold today so that with panic sales the price of coins dropped drastically so it will make a lot of people losses when we hold the coin will go back up again.

[bhabygrim]

Of course it does it is the reason why the price goes down in just a short period of time,
They are building a rapid sell order and the worst part is they are selling it at a low price.

[lifengpu]

I think that because of such a sale during the period of panic, the price really falls quickly, which generally contributes to an even greater sale of people

[brotherwood12]

hard to do that , because bitcoin holder not just 100-200 people , they are much
just to overcome that i think clarify the rumors / bad news  so they can calm down for selling their btc

[anavir]

yes,panic selling can contribute to bitcoin price going down because the market is unbalanced.It should be more stock more demand but because some are afraid that they will lose their money so they jump to panic selling.

[Lorence.xD]

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.

A lot of thing can happened if everyone will sell Bitcoin at one given time, market trading will react otherwise, dumping with the big volume of Bitcoin share can cause a lot of reaction on the crypto market trading. If we go back to the market preview on crypto market trading, panic buying already been encountered specifically on Bitcoin. We've seen the significant drops of Bitcoin price. But the good news is it recovered as the market corrected itself. Any market movement on one coin can triggered  a tremendous reaction not only on Bitcoin but also to other ALT coin posted on the market.Panic buying or selling is not good in any market trading.

[DogmaF10]

In every market around the world, stock market for the example. Panic selling always ended up with the stock prices sliding down.. In my opinion, it has no difference with bitcoin market, panic selling will brings negative effects to bitcoin prices

[lingwistiko]

Just imagine bitcoin's market capitalization is decline. That already tells that the demand of people is getting low which in return, makes bitcoin's market price to go down too. So as much as possible, hold while on crisis and wait for the better time to sell it.

[bachanhlac]

I think you shuold make a rule before you begin trading. You must have a Target of BTC/Altcoin when he buy and never sell that in any condition!