Panic selling can contribute to bitcoin price going down?

[lowellsniper]

I think panic selling does not contribute price drop down of bitcoin, poeple just heard of news that maybe next month bitcoin price will drop, and dont know when will be going getting high price, so poeple would sell their bitcoin now rather next month.

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[Andre#]

It is the lack of maturity which is causing frequent panic selling waves in the market. I believe that we should collectively build awareness about Bitcoin and how it works and that's the only way to inculcate the maturity among the most of the investors. There are the people who sell their Bitcoins just because the next guy is doing it. The main reason behind this decision is lack of the vision for the future due to the absence of knowledge about cryptocurrencies. On the other hand, bad experience does that in the best way and I am sure most of the investors who bought Bitcoins in the recent rally must have learned a good lesson after the correction.

Actually, they bought Bitcoin by FOMO in the cryptocurrency market.
Almost the new investor and speculator are always bought Bitcoin by FOMO, and then, they sell all amount because they became the panic seller after seeing the price of cryptocurrency decrease more than the value they imagined.
General, they only want to earn profit from the cryptocurrency, but sadly for them, they want to make money while they do not have any knowledge about the cryptocurrency market.
Of course, the result is always the loss of their investment.

[dvillier]

Offering will influence the market to request low so clearly it additionally has a negative effect to the market estimation of any crypto including Bitcoin. That is additionally why offering amid the dumps in the market isn't fitting yet rather,investing and holding are more fundamental activity keeping in mind the end goal to stay away from for all time losing your benefit. At whatever point the market is in red,patience and constancy is required. So simply hold.

[uberua]

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.

Here the law of supply and demand operates
The more people want to sell Bitcoin, the lower its price will be, because the demand will fall

[anakkampung17]

Maybe it could happen. Basically panicked sellers will soon sell the coins at a cheap price for fear the price will go down. And resulted in others participate also sell cheaply. But it was not realized in a few days that the coins would rise and regret would come.

[kuncimobil]

we must stay calm, control the emotions and do not panic selling because it will only make the price more down because many are selling, better to hold and wait for the price will surely rise again

[ninio]

Probably yes panic selling makes the price of bitcoin dump rapidly because by doing selling your holding bitcoin makes the stock bigger so the price will be decreases so I suggest all of us to hold our bitcoin when the time that its price is going down because by holding it in times of down trend it stop the value in dumping rather its a best time to buy some of it to stop rapidly price drop.

[tianok21]

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 bitcoins to not doing the panic selling?

True, Panic selling can affect the price drop of bitcoin or any currencies. Once the holder dumps his/her possession meaning the holder did not interested to hold the possession instead the holder interest is to earn profit from the currencies posses. But, once the holder of bitcoin or any currencies decide to hold it means the interest of the holde in this coin is too high and the holder is aiming for the high value. Holding of bitcoin for long period can affect the price growth in the market cap because the demand for it is an uprising.  Holding and dumping of bitcoin can contribute the price movement of it whether it goes high or down. Holder holds bitcoin for a long time the possibility to hike the price of it is high, but if the holder decides to dump it the chance to go down the value is too high too.

[Crypto24hrs]

Bitcoin is not above the law of supply and demand which say that when supply is more than demand the price of that particular goods or service will definitely fall,and this is applicable in bitcoin panic sales,hence my candid advice to bitcoin holders is that  they should learn how to hold their bitcoin and stop panic trading.

[Blondy12]

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 you are right that panic selling can really affect the price drop of cryptos that is the reason why weak hands should avoid being a panic seller or else cryptos will be having a hard time to recover that fast. Sad to say that it is so hard to convince others to think the way as we do.

we must stay calm, control the emotions and do not panic selling because it will only make the price more down because many are selling, better to hold and wait for the price will surely rise again

How i wish that everybody would listen and follow with what you said to stay calm and be patient enough to hold and wait. In the way we can be able to help the market to recover.

[MRY]

do not panic selling because it will only make the price down and of course will only make you lose, it would be better if you hold and be patient because the price will surely rise again

[terbetet]

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.

For me, yes. I do really think that the people who do panic selling are really the big contributors why the price is leading into the dump direction that makes us suffer because as long as many people are doing this action, we will be seeing the red marks in the virtual market which is a real indication that the demand is rising at the low price since many people are really waiting for it to grab the opportunity of buying more than what they can afford since it was cheap and affordable to purchase. So if we want not to suffer from this, better cooperate with each other of doing a balance trading ethics in a way that we will not be dumping into very low and not getting hard to purchase at very high. Give and take maybe.

[v0rtecxz]

so rightly, traders who panic can influence price movements on the market, if you think of a way to convince panicked traders, I think that's a pretty hard thing to do alone, because public opinion plays a big role in this, if you come and bring good news and from a convincing source I think they will be able to rethink before selling it, considering the progress that will happen next

[avdeeva]

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.

Unfortunately, you cannot convince all people to invest and then wait as per your suggestion. Different people come with different expectations and they also have different patience levels.

[poodle63]

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.

Unfortunately, you cannot convince all people to invest and then wait as per your suggestion. Different people come with different expectations and they also have different patience levels.

The most to the point answer right here, if one can convince one in trading world to do what that person wants then it's actually called a market manipulation, but the reality is that different people have different thinking. This is what making cryptocurrency market really unique and kinda affected purely by demand of the community not by authority or anyone else.

[by24]

Yes it is we cannot other people and blame them in doing panic selling. because you are also afraid when bitcoin selling price starts to decline, when actually the price drop is also a normal thing.

[xnuggets]

Yes it does, in addition, any amount can bring dip to bitcoin.
Sadly, we can't convince people to do not go panic selling, because it always depends on them with their decision and thinking.

[Betheng10]

If investors bought their bitcoin at a high price, you cannot blame them if they choose to sell it instead of losing profit. I do believe that when there's a panic seller there would also be an interested buyer who believes that buying at it's lower price is the best time for purchasing bitcoin. With this it equalizes or helps bitcoin recovers.

[blodelf1]

in my opinion 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.

[weblaraveluser]

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 , the reason why the market price is dumping is because of traders who are not well knowledgeable about the market and most of them are selling their coins at the lowest price when their coins is melting.