Panic selling can contribute to bitcoin price going down?

[julius caesar]

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 should be all aware of this since it contribute to the dump of tge coins which prolongs the waiting time of ours to increase the price of our coins to trade, I guess patience must be practice in this scenario cause whenever the bid becomes lowers the lower the price that everybody gets and it freak us out since we have to wait for further time just to get our profits.

[Bohxz M4p4gm4h4l25]

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, I truly believe that panic selling itself was really contributing to the rapid price drop of Bitcoin because many people are taking the chance and opportunity of taking the advantage to buy it immediately when the price was really that much affordable to maximize their capacity holdings through taking up more Bitcoin that they can afford. In which, by the use of this, the demand on the lower price value's demand was literally rising and making an effect of having the price drop since many people are into focusing on buying at the low price. As long as many people do panic selling, the price of it will really suffer together with the holders who tend to keep their Bitcoins intact with their accounts.

[7Dyoknga5]

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.

The amount available in the market will be too much (supply) and most users/ investors doesn't want to purchase(demand)


some experienced investors purchase at its lowest thus helps bitcoin regain its value in the market.

[w33man]

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 can, the reason why a lot of people are panic selling is because of market crash. Just imagine if people will continuosly dump, it will create a chain reaction because the market will keep on dipping because of continuos dump.

[alkiw21]

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 think you will not be able to convince them, because they also have the emotion and the fear of failure or not success. You just simply let them know that bitcoin will increase in a few months or years. Panic sellers will continue to exist because it is an instinct I think, the instincts of each person are different.

[popoyuyun]

That is the fundamental thing that if we sell when we panic will reduce the price of bitcoin. It's true so you should be more careful about bitcoin about wanting to sell the bitcoin. Because you do not have to panic if you invest in bitcoin. Read news about bitcoin on some websites and get to know bitcoin more deeply.

[elghoniya]

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.

it is true, Panic selling can contribute to bitcoin price going down. be patient, you prefer to wait when the market is low.

[b_oo]

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 can't. You can't have every one follow those steps in unison. If so then there will be others looking for a way to take advantage of that.

[abiiiii]

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.

When people do panic selling the price goes lower than it already is.
When it becomes low some more people get interested and then the price gets higher than it did.
However we cannot convince anyone to not do it because it is a matter of the individual's choice.
I may even call myself an idiot if I follow someone else's advice and regret it later on.

[Chusnul]

If you sell in panic now, you probably should not invest again. Bitcoin is a coin with a high volatility, this means it moves up and down quickly. Personally I use these times to accumulate (buy more coins). You should always have a strategy before you invest in anything.

[Pier7]

Yes, panic selling could greatly influence the price dumping but we can't force the bitcoin owners not to sell their bitcoin, it is their decision and it is their money. We could help bitcoin to spread awareness to people and the great advantages of having bitcoin for faster mass adoption.

[Lazada]

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 sell indeed is a scary thing because at one time there will be many people who do sell Bitcoin so that it will only make things worse. An example is when the price of Bitcoin decreases then there will be many people trying to sell Bitcoin on the grounds that they do not want to experience a much greater loss. But it can actually lower the price of Bitcoin because more people will sell than those who buy it. This can be said to be a demand factor and when demand factors decrease then prices will also decline.

[alon_alon]

I need some opinion if panic selling can contribute to rapidly drop 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. A trader who sells Bitcoin in a state of panic will definitely make the price of Bitcoin getting down drastically. They sell Bitcoin in a frenetic way because the price of Bitcoin goes down and is afraid of not being able to rise anymore and then they will get huge losses. And finally, the way out they sell all the Bitcoin they have and cause the Bitcoin price to drop drastically.

[BUK2016]

When the numbers of people that want to sell bitcoin becomes higher than the numbers of buyers definitely bitcoin value will depreciate and that is the implication of panic selling.

[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.

We don't have to convince anyone in anything, let them do what they want. It has been proven that they can't kill Bitcoin completely with panic selling of any scale. So you can relax and use the situation to your advantage. I think many people used the opportunity to buy BTC below $8,000 recently, and I think they were more than right in doing so.

[GamingBro]

Panic selling is very bad because demand on bitcoin decreasing and it means that price decreasing too. Usually market recovering more than 3 months after big dumps.

[dharnamonitor]

Yes and it is impossible to convince those people because it is their money and you shouldn't stick your nose on those kind of things. It is their responsibility and right to do whatever they want on their coins and you should somehow thanked them for the opportunity of the decreasing price cause it is the best buying option.

[jovs]

Any amount you sell during low time of bitcoin really does contribute into more dip of the price nd sadly we cannot control people not to sell during red days because that is how they manage there investment. One thing we can do if we know this is not to participate along with them and just keep what we can keep and believe until the time we profit a lot for believing in Bitcoin.

Indeed, people who tempt to join the sell of their bitcoin with the price range lower than the current price could definitely affect the dip or the sudden dump of bitcoin price on the market. And most of people who join through this selling are those who badly need money or the people who wants to waste opportunities for them to earn more or to gain more profit in the near pump of the price of bitcoin. Yet, we could conclude that this state of bitcoin market also helps the price of bitcoin to balance and to have a good system in transactions.

[Rakfosh]

Price bitcoin in the next few years will not be able to go down $ 5000. This is impossible because miners at such a price will work at a loss, so bitcoin will just stop, no one can process transactions. There will be ups and downs, but the global trend will be bullish

[gpamfmcq]

Panic selling will only reduce the price of bitcoin in a short period of time, and the pessimistic sentiment of the market is the root cause of the decline in bitcoin. This is closely related to the investment policies of bitcoin in various countries.