Panic selling can contribute to bitcoin price going down?

[spyerf]

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 actually very difficult to do. in essence traders or investors are in a crypto just to make a profit, so when prices start to drop past prices when they buy, panic begins to be felt in everyone. so I think about this issue, it depends on their own belief. even when panic attacks some of them, people who previously believed that setbacks were common, they also panicked and sold every coin they held. so I think also you have to learn more and increase patience.

[jems]

I believe Hold is another way to keep prices down. and panic is a bad thing to avoid. it is not to blame but when it should be controlled to keep from the great loss.
Panic just controls us to lose and regret.

[Yamifoud]

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.

Absolutely right,  market today have of huge competition and people competing each other to sell off their coins in cheap price especially when they heard FUDs. Not only it happen in btc but mostly it happen to bounties token,  it definitely goes down directly when people received their rewards.

[luckyluigi]

indeed it can, like stock market, when everybody would sell, price would go down, and when everybody would buy, price is going to rise a lot!

[stadus]

indeed it can, like stock market, when everybody would sell, price would go down, and when everybody would buy, price is going to rise a lot!

When people are selling, that would be the good time to buy.
Crypto is different from stock market because it's more volatile here and price can be manipulated, when there is a big dump
that would not mean the coin is dying, but we can still buy cheap and make profit once the pump starts.

[eelectrick]

I think it's partly true, panic selling can spread out easily. It does more damage to investors rather than the market I believe.
Well it does stain the market especially with prices dropping like flies. But even though people are aware of such things, it still
occurs in red days. Selling is purely a matter of choice and view on the market conditions, but on dips I think most people tend
to hold and buy rather than selling. If they do sell for various reasons, maybe they know something that we don't, there's nothing
wrong with selling to cut loses in my opinion. It's their choice and if it goes wrong, regret would be the best preferred company
of choice rather than misery.

[Betwrong]

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 contributes in the price dropping, but you can't convince anyone in anything if the person in question is in panic. It's a known fact that people do stupid things while panicking and selling in red is one of them. The good news is that we don't have to convince them to not sell in order to "save" Bitcoin. Once the price is low enough a lot of people start buying and Bitcoin recovers as always. The only ones who lose in the end are the panic sellers.

[hardtargetbtc002018]

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 of course, panic selling really affect to decrease the market value of bitcoin and it's normal that when the demand decreases the price is also decreases.

[nightways]

Definately panic selling can contribute to bitcoin price going down. In this trend we can not controlled them by just saying stop because they have own rights and in selling there coins. In the future they can only realize that once the bitcoin is really down its only the seller will lose there capital they have put on.

Amongst all the reasons which can result in the dropping down of the market price of any of the crypto coin, this panic selling is the most influential reason and that it plays a key role in the market value to fall. Panic selling does not only result in a huge loss for someone who did so but it also results in the decrease in the demand as well as the market value. We need to avoid doing such kind of thing for better earning.

[Lamborgini]

I need some opinion if panic selling can contribute to rapidly drop of the bitcoin price. If it is right how can we convince to the bitcoiners to not doing the panic selling?

Actually, we can not convince bitcoiner to not do the panic selling.
It depends on each individual on the belief of bitcoin.
Panic selling is everyone's choice of bitcoin, which is due to its falling value.
And they rushed to sell it so as not to lose big.

[lol1yatme]

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.

not just contribute but thats the cause why prices fall's rapidly,imagine how much volume of bitcoin has been sold by panic seller everytime the price seems to drop,and those trolls love to make threads than may cause panic..thats why the secret here is never feel the sell when the value is falling. For us to prevent bigger lost and lessen the effect of fall and contributes a little for future growth

Selling out of any asset results in decline of its value. It is not the case with only bitcoin and definitely, if someone has buy bitcoin at 3k or 4k dollars, hold it until bitcoin touched 20k dollars, why on earth won’t he sell out some of his bitcoin? It was absolutely a golden chance to get hand on huge profits so many people did that. Present dip is actually a chance to buy bitcoin at a low price.

[redsun114]

That is always something I worry and fear. As the market goes down, FUDs will be ready to spread rapidly in the minds of those who invest. Unstable people have the decision to sell to preserve or reduce losses. That's the part that makes the market move lower.

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 are just a small part of this ecosystem. And I do not think they have the confidence to read our words of encouragement and persuasion. Actually, panic has no measure to control.

We are the customers and our opinion does make difference. This market is going to cease forever if the people who is general public stop using it. Don’t underestimate what powers you have got, it is the rule of the market that every single customer matters.

Same applies for the crypto market. As far as the panic selling is concerned, nincompoops are falling prey to this predator. They should stop it so that market could recover.

[Eureka_07]

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 can contribute to the fluctuations of bitcoin but not too much effect compared to the whales when they sell their bitcoins.
For you to comvince bitcoin users not to panic sell, ofcourse you need to educate them about what they need to do when they have their bitcoins and what advice can you give to them for them to earn more money aside from what they hold

[Anies_Sandi]

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.

if to convince someone not to panic in selling coin is difficult. because the personality of each person is so different so we have to understand them

[JCO05]

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. Selling will contibute to the dump in the market because it makes the demand low. Bitcoin's market value is proportional and dependent with the demand that it is having or getting in the market such that if the demand is high, it will make the market value expensive and if not, it will yield to market price crash. To sum it up, holding is necessary to do and selling is not.

[partysaurus]

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.

thats the biggest reason that it dropped so fast, alot of scared litle babies that should not be in investing in the first place and are so clueless that they investment tips from media outlet when its a good time to sell or buy lol , instead of doing some research on their own.

[bettercrypto]

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.

Since we based the price on demand and supply of the market, panic selling is one of the factor that contributes to drop the bitcoin's price. But I think, FUD news are the reason why panic sellers ignite. Because they are fear to lose their capital, the only way they do is to join at panic selling.

[Kurokonobasuke]

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 is a chance that it is because selling simply makes the demand low. The demand is proportional with the market value of Bitcoin. What happens with the demand can be reflected to the price of it. So since such action negatively affects the demand,there's a probability that it can also contribute to the market price crash in Bitcoin. So in order to aboid such thing,holding is advisable.

[liivii]

Even the small amount of bitcoin that goes to panic selling are contribution to the price drop happening right now. If you add those amount the result is a huge impact to the crypto market, so don't do what others told you about panic selling instead continue your work of holding bitcoin because I know the bitcoin pump is near at it can happen anytime of the year. When you step in crypto industry you already know that all the things here are unpredictable especially bitcoin that is the foundation of all coins in the market.

[chipzeru]

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.

Making people panic is way much easier than encouraging them especially those who still beginner in crypto market. It really depends on the news. You might be able to convince one-two people but fud news can affect thousand people.