Sled
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April 12, 2018, 11:14:19 AM |
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Of course it will provide contribution for the price of bitcoin to go down because if the people will continue selling their bitcoin because they are in a panic mode then they will help the dumpers to increase the supply and when the supply is higher than the demand then the demand will adjust and it will push a lower price for bitcoin.
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metenjean
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April 12, 2018, 11:17:19 AM |
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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.
Its simple, if the price drop then it was because of a large selling order already made if not then how come a price can drop?? Rather than catching a falling knives or even holding the door for the masses, its better to go with the flow. You can't do anything to convince the masses not to selling because who will hear the word of a nobody? If you really trust in the development of bitcoin and didn't invest more than you can make then you should be fine.
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bhabygrim
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April 12, 2018, 11:30:27 AM |
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Yes it surely affect the price, Beceause you are decreasing the demand for crypto, And we all know that the crypto price is only by it's demand.
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Vasilisochka
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April 12, 2018, 11:33:46 AM |
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This usually happens when panic during the sale causes a sharp drop in the asset. This is what traders count on when speculating.
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palvinta
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April 12, 2018, 12:24:35 PM |
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I need some opinion if panic selling can contribute to rapidly dropping of the bitcoin price. If it is right how can we convince the bitcoiners to not doing the panic selling?
Yes, of course, this is very clear. If we panic and sell Bitcoin at low prices it is definitely Bitcoin prices will go down and will rise in a long time. Therefore when the price of Bitcoin down we should not sell Bitcoin we have, just if we have the capital we must buy Bitcoin as much as possible at low prices. How to convince it is very difficult but essentially if they really believe in Bitcoin surely they will not panic.
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ArteMixer
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April 12, 2018, 12:59:04 PM |
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In my opinion, the hype is one of the major factors for the price drop. I can introduce a quick story of TRON, for example. We probably all remember how TRON was massively pumped and promoted by the media informators. The CEO of the company was constantly posting posts like "TRON to the moon", "We are the best", "we are the next Bitcoin". All of these factors contributed to the hype and the coin grew up to 0.25$. And at that time a scandalous event happened: the CEO of TRON sold all of his tokens, which was like 7 billion, don't really remember. And the negative hype got the coin all the way to 0.03$. Many people lost their money due to that hype of selling TRON, which could be easily avoided by just not spreading the negative news.
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Blue Bell
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April 13, 2018, 04:50:03 PM |
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Uuhm… I don’t think that will be true, but if does happen it would be just a little influence on the price and wouldn’t be much, and the little influence will take place when, let me just guess, about one hundred people withdraws. In business like this, there are people (especially Billionaires) who are considered as the main investors and they are the ones whose investments can drive the price a long way, either down or up. Our own investments doesn’t do much in affecting the price.
Well for me it is true because the price use to get high and get down with the each and every investment and every withdrawing or the panic selling. If more people will sell bitcoin then the market demand of bitcoin will decrease because the supply will be high but if more people will ask for bitcoin but bitcoin will be short then the price will increase so I think yes the panic seller play vital role to make the price of bitcoin down.
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BartS
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April 13, 2018, 05:42:08 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 selling is the main reason of why the price of bitcoin crashes, the problem is there is not much we can do in order to avoid this, after all one of the main reasons of why many people invest in bitcoin is to have complete independence from any other party which means we cannot really say to them what they can do with their money, if they want to sell then they have the right to sell those are their coins after all, however not everything is bad if they sell their coins for such a bad price you can take advantage of it and buy those coins from them.
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Slugmonkey
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April 13, 2018, 05:49:13 PM |
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Of course it does. And that is going to be the case for a loong while because of the recency of Bitcoin. It will take a lot of years for people to have faith in bitcoin and for Bitcoin to hold through the adversities. This process will go hand in hand with each other. But it's unrealistic to expect any of that anytime soon, this could go decades in making. So hodl on till then.
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AK47-
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April 13, 2018, 05:53:01 PM |
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Panic selling is usually done by small investors which can bring immediate dump but can't effect the price long term. Thus, panic selling can be dangerous for short term traders, but the main threat is from the big holders. They can make and destroy the market. The trend they set is followed by small investors and then they panic or FOMO according to market conditions.
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scrototeabaggins
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April 13, 2018, 11:22:25 PM |
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Panic sales refers to selling at cheap prices, which contributes greatly to price decline. Panic can not be persuaded in order not to sell, everyone makes their own decisions, there is no way to prevent them, the investor himself has to read and research to become conscious. Training is a must.
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bagikoin
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April 14, 2018, 06:12:07 AM |
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convince others very difficult. they are much more secure decision mode of them before the larger losses, but thus increasingly making bitcoin it costs down because the more it sells.
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--DarkSecrets--
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April 14, 2018, 06:41:38 AM |
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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.
You cannot convince anyone whose in panic. Don't worry some of them will realise and will rank up from a good trader but the population of traders is more newbies are in the market everyday there's a new people whose risking on trading without knowledge. Panic selling will start from the whales who take advantage to newbies and try to get more down as they positioned in the buying prices which can hit by that panic sellers.
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shawn995
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April 16, 2018, 07:06:57 AM |
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Among every one of the reasons which can bring about the dropping down of the market cost of any of the crypto coin, this frenzy offering is the most powerful reason and that it assumes a key part in the market an incentive to fall. Frenzy offering does not just outcome in an immense misfortune for somebody who did as such however it likewise brings about the lessening in the request and also the market esteem. We have to abstain from doing such sort of thing for better winning.
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almersyn
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April 16, 2018, 07:29:21 AM |
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basically everyone who trades has two choices, sell or hold. Well if the price decreases each trader has a different thinking that is not easily influenced. It can be seen if bitcoin prices have decreased continuously traders can cut the profits to minimize losses experienced in bitcoin investment
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MAJICOIN
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April 16, 2018, 08:56:25 AM |
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In the market price is decided by demand and supply forces and during panic selling can contribute a bad affect to the bitcoin and the price come to down therefore during the hard times holding is better than selling and if bitcoin is used for a payment through online that is also a good way to use it and like now the bitcoin is growing for the future.
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gantez
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April 16, 2018, 09:41:33 AM |
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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.
Convincing an individual on how to run his business is a difficult thing to achieve. I want you to understand that buying and hodling bitcoin is a business. So we can't advise otherwise, although I know and believe that panic selling pulls market down at that time.
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joeflicker
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April 16, 2018, 10:13:46 AM |
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the bitcoin prices is depends on many things such market demands and how far the people knows about bitcoin the one thing that will dropping the btc market price is people are afraid to btc price is dumping in the lowprice and they are doing sells their coins that will drops the btc price beacuse the market demands is dropping too. Maybe that is my opinion
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wewe123
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April 16, 2018, 10:29:24 AM |
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I think it might contribute a little but not as a whole that the reason for price go down by the panic selling of bitcoin, as I think maybe the contributor of price go down is maybe the investors are observing the economy of cryptocurrency and hold their investments for a while.I think this is the factor.
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BartS
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April 20, 2018, 10:00:16 PM |
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Panic sales refers to selling at cheap prices, which contributes greatly to price decline. Panic can not be persuaded in order not to sell, everyone makes their own decisions, there is no way to prevent them, the investor himself has to read and research to become conscious. Training is a must.
Panic selling can create a chain reaction, but it does not tell the whole story speculators are guilty of making the price of bitcoin to go down, they do not really care about the technology behind bitcoin they only care about making profits, and that is why they are always watching and looking at their charts, and when they begin to see that the price is going down they sell their coins, and by selling their coins they make the decrease in the price of bitcoin even greater making other traders to sell their coins as well until panic begins to appear in the market and when that happens the price crashes.
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