Panic selling can contribute to bitcoin price going down?

[bulantoy12345]

Yes panic selling will lead to the price going down and can lead even to a crash of it. As a matter of fact the only way bitcoin can lose its value is by people selling it and panic selling will lead to a dramatic decrease of the price.

Yes it is. If many of us will withdraw their bitcoin or engage at panic selling it really affects the value price of bitcoin at the market. Selling at a lower price makes bitcoin go down and even us, as a bitcoin hodlers will suffer because our waiting of bitcoin to rise high will be prolong and lengthen. Trust and patience at bitcoin will guides us and will leads us to good profits in future.

[GeniusAko]

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 sellers can dump more the price of the bitcoin. You should not panic even if the price of the bitcoin is going down because panicking has big effect in our emotions. We can't make wise decision if we will panic.

[HiringYou]

Some of the investors which are new to this market usually commits the mistake of panic selling.Whenever there is a drop in the price,they have a feeling that the price will not rise again and they sell their BTC's. Whenever selling is done on large scale,it adversely affects the price and a drop is seen in the price.So people who are freshers should understand the fact that Bitcoin is volatile in nature.If there is a drop in the price then the price will also rise.They should believe in it's potential of recuperating from such drops and rising to new heights.Instead of committing the mistake of panic selling they should rather consider this price drop as an opportunity to invest in it more.

[by24]

Panic selling does contribute to drop in prices because the market is going down now because there is way too much supply of bitcoins in the market and not enough buyers and demand to keep it balanced.

[glavos]

Of course it does! Why do you think all the people who cannot trade start screaming "HOLD DO NOT SELL" once the price stars dropping

[vaughn125]

We saw this situation last months, everybody tries not to sell knowing about panic sell and all these things, but big players decided to fall down the market,so they have been dropped more and more, and people started to sell in panic way after 40-50% correction
It`s like classic stocks market,it`s normal,but with smaller volatility:)

You are right. While panic selling can really affect the prices of bitcoins, the ones that can really do damage or make the price push up more are the whales or the big time investors in this industry. Which is why small investors like us must know when the right time is to invest, when to take profits and when to buy back to maximize profits and not get eaten by the whales. Every investor owes it to themselves to have knowledge about at least basic trading to avoid being controlled by emotions or hypes.

[Fatimah Azzahra]

Panic can make things messy and not what we expect, not just in bitcoin sales.
we can not convince a person not to sell in a state of panic, because everyone has different levels of panic, emotional level, and patience limit.

[Sled]

We saw this situation last months, everybody tries not to sell knowing about panic sell and all these things, but big players decided to fall down the market,so they have been dropped more and more, and people started to sell in panic way after 40-50% correction
It`s like classic stocks market,it`s normal,but with smaller volatility:)

You are right. While panic selling can really affect the prices of bitcoins, the ones that can really do damage or make the price push up more are the whales or the big time investors in this industry. Which is why small investors like us must know when the right time is to invest, when to take profits and when to buy back to maximize profits and not get eaten by the whales. Every investor owes it to themselves to have knowledge about at least basic trading to avoid being controlled by emotions or hypes.

That is the reason for the investors or traders to invest in themselves and knowledge before getting into the market because if you get into the market even though you are just a newbie and you don't know how to properly do it then there is a high chance that you will not make the best out of it because there is a high tendency that you will just lose because of the lack of knowledge.

[Tapyaks72]

Panic can make things messy and not what we expect, not just in bitcoin sales.
we can not convince a person not to sell in a state of panic, because everyone has different levels of panic, emotional level, and patience limit.

Yeah panic selling is uncontrollable because we  cannot dictate individual to what to do with their holding but this player is usually a portions in the totality let  say its 20%. The 80 % those big whale who are waiting to buy at low prices.

[binghope]

The Crypto market is volatile, so when the BTC price drops I'm not afraid of the price, I know that they will continue to increase in the future. And today you see the BTC price is currently above $ 9k. So do not be too nervous about BTC pricing.

[Wong Gendheng]

When everyone sells it automatically creates a drop price and this certainly makes the price hard to go up, as it did some time ago when many false news about bitcoin thereby making many users panicked and selling cheaply.

[Jr.Sasha0209]

If panic begins, then this can lead not only to the drop of bitcoin, but to the fall of any currency and even the dollar, which many manipulate by purchasing on the drawdowns and selling at the peak of the crypt, one should never panic

[hibiscus]

The panic selling happens when ever a newcomer joins to the market and if he is investing his money in a bullish market  and there after the market will be turning back to bearish path the market will be in down ward trend and its price will be naturally going down the interim investors will be in panic and selling their high priced script to the very low market price and booking lose.Such an untimely selling trend itself contribute the bitcoin price to go down.

[BitcoinMarketer39]

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, those people who are not well knowledgeable about the market will really lose a huge amount of profit because they do not know how to trade correctly even in a simple way like buy when low and sell when the price is high.

[TitanGEL]

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 can really contribute dump to the price of the bitcoin. People who are panicking are the ones who doesn't have enough patience. They can't control their emotions so they are being carried away to sell their coins.

[LordShanken]

When everyone sells it automatically creates a drop price and this certainly makes the price hard to go up, as it did some time ago when many false news about bitcoin thereby making many users panicked and selling cheaply.

But thanks to that more and more investors are made to invest in coin cause thanks to price down people are thinking that this is the right moment and they decide to put some money in crypto.

[Pelevelyl]

You don't need to convince anyone, all bitcoin holders will decide what and when they need to do. You can't influence the price.

[Tan_avia)vl.]

Of course, opinion and news very strongly affect the price. ecли people read negative news (about vulnerability, for example, or scam in the world of cryptocurrency), gives out they panic will start, sell all their coins to secure themselves (as they believe).

[valentinen39]

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 only for those people who are not well knowledgeable about the market and they tend to sell all their investment at once when they saw that the price is sinking, this is the reason why a lot of people is not becoming successful in cryptocurrency industry.

[Chrisjay29]

Im not really sure about it but i think panic selling make bitcoin fall. Just like a altcoin or a ico token. If a investor a bounty hunter sell her token in the first list of there exchanger the token will have big chances to be dump. And i think thats same with bitcoin.