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Author Topic: Panic selling can contribute to bitcoin price going down?  (Read 2051 times)
sinta23
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May 23, 2018, 02:56:54 PM
 #701

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.
actually this is common, because the price is so relatively down then, many are panicked by this, and they immediately sell coins that they have without thinking long. in fact it is also detrimental to ourselves if we face situations like this with a sense of panic.

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nabinkhadka
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May 23, 2018, 03:21:57 PM
 #702

Yes This is true. Panic sell triggers stop losses among trades and more stop losses,  more fall in price. So in fact Panic sell contributes in Bitcoin price to lower down.
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May 23, 2018, 03:26:19 PM
 #703

Yes it is contributing to the dump, panic selling means, people are losing interest in Bitcoin. So less demand  the lower the price will be. The basic law of supply and demand. I hope these newbies are aware about it, it is not helping them or anyone, they are contributing to the problem and not to the solution.

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May 23, 2018, 03:30:03 PM
 #704

it is possible that due to the large number of sales, the price will fall even lower as I think an overabundance will spoil everything
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May 23, 2018, 03:37:31 PM
 #705

The investor should have a good idea about the market and the investing tool prior to the investment. .A wise invester will not enter to a bullish market when the coin price is so high and he has to wait for a suitable correction period to come for his market entry.Whenever a new comer is entering to the market  to the bullish market  and  later when market is turning to the bearish influence the market began to drop the price.whenever the market price is dropping  the new comer buyer will be in panic and will be selling untimely.Such panic selling  contribute the bitcoin price to go down further.

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May 23, 2018, 03:56:20 PM
 #706

Yes, panic selling your coins can contribute to what they refer to as the "dump" and would drop the value. Users itself manipulate the value of bitcoin, the supply/demand specifically.
There is no exact way to prevent users to panic sell, it is their own choice and you cannot really tell them off especially if they need money for emergency. It is important not to spread fase adticles and speculations to fool people and manipulate price to your own liking and on the users' part, they should axquire adequate knowledge to not fall for it.
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May 23, 2018, 04:01:27 PM
 #707

of course panic selling are just making the price of bitcoin just going to be crashed and just making it worse, and very bad after all, it was making the best if stay calm if not panic in kind of situation
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May 23, 2018, 06:26:51 PM
 #708

of course panic selling are just making the price of bitcoin just going to be crashed and just making it worse, and very bad after all, it was making the best if stay calm if not panic in kind of situation
The thing is, there's nothing to be done if the market is in a bad state. To date, I need money, He Bitcoin missed his price to 7,400 dollars. it upsets me. But I do not panic, but I just wait.

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May 23, 2018, 07:08:14 PM
 #709

The opportunities in the crypto money world never end. When you buy and sell determine the best price for yourself. Panic in trade causes great loss
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May 24, 2018, 06:46:57 AM
 #710

it's better you can control your patience to not sell the assets you have when the price is cheap. I think when you experience a panic and after that sell your assets at a low price you surely participate to make the price of bitcoin collapsed
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May 24, 2018, 07:02:26 AM
 #711

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, panic selling can contribute to bitcoin price going down. Because it will effect to demand low and the price is going down.
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May 24, 2018, 08:48:39 AM
 #712

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 sales lead to lower prices. Masses very often behave irrationally and not in favor of themselves, this is a common phenomenon. Convince them in no way because they are doing it in a state of emotional stress)

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May 24, 2018, 08:54:41 AM
 #713

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 sales lead to lower prices. Masses very often behave irrationally and not in favor of themselves, this is a common phenomenon. Convince them in no way because they are doing it in a state of emotional stress)
Panic is just normal in the market of the cryptocurrencies and we just need to be immune to those type of drama in the market and it is better if we will just think opposite and instead of becoming sad, we should become happy that there are people who are fooled to just sell at the lower price because we will have a chance to buy more bitcoin from a cheaper price.

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May 24, 2018, 09:24:04 AM
 #714

Panic selling can be avoided if you know how to control emotions during trading and if you have enough knowledge on crypto trading. Panic selling is also one of the major causes of bitcoin price dips aside from the FUDs, government actions against cryptocurrencies and hackings. It js done mostly by some beginners and some investors who always panic when the price is started to go down.

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May 24, 2018, 09:49:15 AM
 #715

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.

Based on my understanding about the bitcoins their price are like a supply and demand law and the more the demand or the higher the demand of the bitcoins the higher the price it will be so if you panic sell you bitcoins which is gonna lessen the demand bwcquse the supply will get higher again of course the price of the bitcoins will fall too. So prevent yourself to panic sell because you are just draging down much more the bitcoins. If you can help them just dont sell that is the least you can do.

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May 25, 2018, 08:03:30 AM
 #716

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 youre right my friend! That is the number one root of reason that If people try to sell or dump their coins that is the reason that the market will get red in color.
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