Panic selling can contribute to bitcoin price going down?

[faultunfmuzzled8]

If the markets are going up and down then  panic selling is too common but you must hold.

[Cryptomagnus]

Sales of small investors are not enough to move the market. Obviously, in case of general panic there can be an influence, but the panic is rather the consequence of the collapse of prices that vice versa.

[Eugenar]

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.

Selling do usually makes the demand low and doinh such thing during the market downfall would just make the situation worse and would just result into huge profit loss. That is also why holding is necessary. Market dips are just temporary and practically,holding and waiting until the market recovers would more likely result to profit.

[klasik1980]

Like any other security, currency etc Bitcoin is effected by supply and demand and the invisible hard of the market.  The price is what the market agrees its value to be at any given point in time.  There are no specific bitcoin inputs but more basic economic principles that are at play.  Just like if a company has a bad quarter and their stock price goes down Bitcoin can be effected by a lower price with bad news and a higher price with good news.  Its all up to the hand of the market!

[Destnhel]

I think yes. Panic selling can contribute to price down in the market. But its hard to convince other not to panic selling because they don't want to lose their money it always be their choice what to do.

[guoyu78]

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 and somehow they affecting the price of bitcoin , the panic sellers will contribute a lot either positive or negative impact to the market volatility.

We can't convince but we can change their perspective , such as not believing on fake news something like that , but then again it's their decisions not ours.

One of the biggest dilemma of the crypto market is that at time of the panic selling, it is not only the seller who is suffering the loss but it is also the market value of that crypto coin which is being affected and that because of this, the market value of the coin drops down.

Most of the newbies find it very much difficult to hold their nerves and that they go foe selling of their coins at much lower rates which is not a good decision in anyway.

[katiecbell]

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.

One of the most important factor which contributes a lot in deciding the market value of any of the crypto coin is its demand rate in the international market.

At time when most of the sellers decide to go for selling of their coins, then this result in the decrease in the demand of that crypto coin in the international market due to which the market value of that coin starts dropping down. Panic selling is the worst thing to do.

[Teh-pucuk]

Yes a panic sale can also cause the bitcoin to decrease. not just panicked sales that can cause the coin to decline but also the issue and because that person again needs funds that can not be avoided to sell the coin .

[lemonscentedbreeze]

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 selling can contribute to the bitcoin price dropping. So for now bitcoin is going rise again because many people buying bitcoin now so when many people is doing panic selling because bitcoin price is high there's a big possibility that bitcoin price is dropping badly. So don't do panic selling.

[Cosbycoin]

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.

This is very common mistake made by new investors of the crypto market. They think that the dump is going to last forever and they would not be able to make any profit soon. Maybe they do panic selling because they are impatient or they are pushed by opponents of the coin they are following for giving up on it and invest into their coin. These people need to do little more research.

[zander09]

Panic selling can actually be the reason for bitcoin to decrease it's price ,and it's hard to tell every one that they don't need to panic because there are a lot of people who has bitcoin and it's up to them if they want to sell their bitcoin.

[efxtrader]

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.

Off course panic selling can affecting on bitcoin price. If many people selling their bitcoin, its flooding market with bitcoin and if bitcoin demand not increase, the price must be drop. Its hard to convincing people to not selling their bitcoin because they have their own reason.
But most reason why they made panic selling because they read on negative news and its really affecting on holder psychology

[suzanne5223]

The price of bitcoin and other cryptocurrency depend on the rate of demand and supply. Automatically, if there's massive panic there will be small demand, high supply and the market will be flooded. We can only advice people to hold, don't sell at lost price just because the FUD news.

[radjie]

One of the factors that trigger bitcoin prices continues to decline because many people panic by selling bitcoins at low prices so that trading volume continues to touch at the lowest point.

[coolstory]

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.

Off course panic selling can affecting on bitcoin price. If many people selling their bitcoin, its flooding market with bitcoin and if bitcoin demand not increase, the price must be drop. Its hard to convincing people to not selling their bitcoin because they have their own reason.
But most reason why they made panic selling because they read on negative news and its really affecting on holder psychology

Panic selling is affecting bitcoin’s price badly. They spread fud and this causes panic sells. People who are not aware of the market reality, always tend to make panic selling.

[19Nov16]

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 selling can contribute to the bitcoin price dropping. So for now bitcoin is going rise again because many people buying bitcoin now so when many people is doing panic selling because bitcoin price is high there's a big possibility that bitcoin price is dropping badly. So don't do panic selling.

In the investment of course we have to run the strategy, and I think the best strategy is to be patient, many users who are impatient and panicked when looking at the price drop and this is certainly what want the bitcoin haters.

[ayiaye]

yes it is true, we can not forbid it, because it's their right to sell the coins, maybe their mind just do not want to loss. and fear the bitcoin prices continue to fall. if more and more people are selling bitcoin due to panic, then bitcoin prices will go down, and altcoin also goes down. because usually, altcoin prices always follow the bitcoin price.
we do not need to panic, when bitcoin prices go down. because this is a normal market cycle. bitcoin prices are always unstable, how the news circulating in the community, if the news is positive, then bitcoin prices will rise, and if the news is negative, then the bitcoin price will decrease.

[mimienamphine]

Well when  so many people are in panic because they believe cryptocurrency prices will go down  so that they lose money,many start selling the coins they have in their wallets.This can lead to dumping of the coins and buyers try to make coin prices worthless.Yes panic selling can affect prices for just a period but not all time.

[Hotel_Prodeo]

The number of panicky users makes the price hard to rise, the main factor of users panic is the number of negative news about bitcoin, I also felt panic some time ago because reading the analysis from economists that bitcoin immediately worthless.

[First77]

Yes, it is. You cannot convince people not to do panic selling because it is their own choice and panic selling is just a normal thing when there is a bad news going on in the crypto industry.

Now selling begins at $8,000 from investors and hoarders/rich gamblers panic sell at $10,000. That's lots of money. Bitcoin had reached $5,900 in March 2018