Panic selling can contribute to bitcoin price going down?

[crypto vlad]

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.

In my opinion. panic selling happens because a salesperson reads bad news about the death of crytocurrencies. so we can get people to not panic selling by making good news about crytocurrencies. when good news spreads then more and more people are buying bitcoins. and the more people buy it then the price goes up. so bitcoin or whatever price is determined by the news. we can make news eg through thread, blog, video, etc ..

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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.

A lot of people are aware of this. However, there's no way for us to stop them from selling because it's their money/investment, so, it's their choice. Panic selling is somehow good, since we can buy more during the dip. So, the only one who losses during panic selling are those panic sellers.

[vaughn125]

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.

The best thing to really do is to study the charts and how they move so that you won't have to invest blindly and sell blindly as well. This is the most common mistakes of the investors that lose a lot of capital. They often overlook the importance of knowing as much as they can about this industry or on how cryptos move and what are the signs of pumps and dumps. Because let's face it, as what you have said there are really big time investors that can manipulate the prices very easily the way they want to.

[webdevmastery]

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 yes, and it is also the reason why there are a lot of people today in the market who are losing a huge amount of their investment because they are not well knowledgeable on how the market really works like holding or trading depending on the price.

[S.Usmani]

Panic selling exists in all types of markets not only in cryptocurrency. There is not much you can do to prevent it but you can take advantage of it by buying more, once the price goes down.

[david_019]

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 will and this is the time of feeding the whales. Look every creature has a time to eat and a time to relax, big creatures always have the advantage to eat the small creatures and when it is the time of hunting many small creatures always  panic because of the scary alert of the creatures bigger than them. Same in crypto world. Have you heard in the history of crypto that the biggest holders of bitcoin are panicking during the fud? I think you already have the answer!

[Oasisman]

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.

I dont think weakhands plays a huge role in pulling a specific coin price down. The main factors are price manipulations, suppressions, regulations, and banning of exchanges and trading in a specific country. Weak hands has the lowest contribution on price declination.

[cryptolk]

I am totally agreed with your point. But there slow growing of market day by day. Need to encourage crypto noobs to studying chart and make it stop of panic selling

[chibimanau]

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. That is 100% sure. Because they think if they do not sell now, the price could go deeper. So they sell to cut losses, or make profit. No one can ask to stop selling coin, because that is their money.

[hydrococo]

Very true, panic sales greatly affect the development of bitcoin to decline. Many people who panic sell their bitcoin make the interest of buyers and investors to be reduced to join bitcoin. Convincing that in no panic to sell bulk will change the state of bitcoin to rise in price.

[omonuyak]

It is the panic selling that always bring the price of an assets down. Many traders are losing money because they always sell their coins out of panic. That is why when ever you sell your coins you are contributing to the fall in pricing. If you want the price to keep on growing then limit your rate of selling.

[qwertyup23]

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.

One of the main factors that contribute to the price of bitcoin is the law of demand and supply. Depending on what the market demands, it will surely affect the price of bitcoins. If the price of cryptocurrencies, in general, suddenly decrease the initial reaction of most investors would be to sell their resources- thus increasing the supply in the market and lowering the demand (ultimately decreasing the price).
Though I cannot blame them for selling their coins, one should not sell their bitcoins since it is a normal occurrence due to its volatile nature.
Never sell your bitcoins on a price lower from what you acquired them initially and only sell them if you are financially struggling at the moment. You are wasting its potential for price increase in the future.

[ngusmin]

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 could have an effect on bitcoin prices to go down because if people will continue selling their bitcoin because they are in a state of panic then it will make the supply of bitcoin exceed the demand and it could make the bitcoin price down.

[indobitcoin.tk]

right, this is certainly a very influential. request to become the main thing to base the price of coins. If the demand in the market is getting a bit and a lot of selling it will make increasingly weak coin value.

[ruletheworld]

It is the panic selling that always bring the price of an assets down. Many traders are losing money because they always sell their coins out of panic. That is why when ever you sell your coins you are contributing to the fall in pricing. If you want the price to keep on growing then limit your rate of selling.

The free market doesn't work on the goodwill of people or people looking out for the "common good". It is ok if the price falls. Stronger hands will prevail and buy up the cheap coins. The process repeats. Bitcoin is volatile, but each volatility cycle makes it stronger. To intervene isn't the right philosophy.

[sunniechance3]

Panic selling exists in all types of markets not only in cryptocurrency. There is not much you can do to prevent it but you can take advantage of it by buying more, once the price goes down.

But these type of selling can make the market fall very badly and people tend to get influence by such conditions. When your portfolio starts falling, it is very difficult to hold your coins as you are unaware of the future and this is basically if you lack patience and faith in the coin you bought.

[akukakeh]

of course, panic cells are a major factor affecting bitcoin values in the market, as happened yesterday for example, many people do panic sell because many fud are scattered and make bitcoin values fall

[gaurav82]

We can't do anything when panic sale is coming. We can wait only for right price. Because our circle is limited. Sale comes at international level.

[rimueng agam]

Usually doing this is a beginner in the world of traders who do not know very well about how to trade properly so he made a mistake by panic sell and become a source as a bitcoin price reduction.

[krishnaverma]

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.

This problem arises when someone is investing their savings which should be kept for monthly expense or emergencies. If you investing just 10-155 of your savings, you can be patient even in case of price crash. Prices have dropped multiple times in past but they always recover. So if you can wait, you can kind of surely avoid losses every time.