Panic selling can contribute to bitcoin price going down?

[Kakawate]

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 panic selling does affect the proce of bitcoin, and as I see it, it greatly affects bitcoins price. Panic selling gives the market lots of bitcoin ready to be bought, meaning, you can chose to buy the cheapest price among the list, amd since the panic sellers wanna sell their bitcoins that badly, they’re gonna sell their bitcoin to the lowest that they can afford, and that event will just go on and on.

[jakoylantern]

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 panic selling can contribute to rapidly or plummet of bitcoin’s value. In the market, if the demand for the thing increases the response or act of the seller is to raise the price of that particular stuff, and when you apply it into cryptocurrency world, it will also happen. But when this marketing demand goes into vice versa, and many people panic sells their bitcoin, the next thing will happen is decreasing amount of bitcoin because the demand for it also drops.  I think it will be hard to convince some bitcoiners/ seller to stop panic selling their bitcoin because they want to sell it and they don’t believe on it, or maybe they want to sell it at a low value because they need some money. 

[martychubbs]

There is no way to convince everyone or change the way they look at it. What we can do is try to prove that there are fake news that being spread and we need to filter the information that we get.

[SlickMoTwoToe]

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.

Ofcourse if there is a lot of panic seller the tendency of the market would go down, because there is a lot of dumpers on diffferent exchange but is alright meaning it would be a chance to buy bitcoin in a lower price so if you are a newbie just hold your coin and don't became affected on the news that you'll read or watch just always think that if you hold this coin you will have a brighter future.

[yusupjatigumilar]

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, panic selling will be very buoyant to the bitcoin price movement, this will increase the bitcoin price becomes more destroyed, because it is very closely related to supply and demand where when we do panic selling in large measure means supply bitcoin will increase whereas demand does not exist or the slightly automatic price will move fall

[yusupjatigumilar]

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, panic selling will be very buoyant to the bitcoin price movement, this will increase the bitcoin price becomes more destroyed, because it is very closely related to supply and demand where when we do panic selling in large measure means supply bitcoin will increase whereas demand does not exist or the slightly automatic price will move fall

the simplest way that bitcoiners do not sell panic is by giving them an understanding of the relationship between market behavior (selling/buying) to supply and demand that impact on price movements (either up or down) should the bitcoiners do a minimum hold or if they have capital do "buy panic" this will have a good impact on price

[potterbean5]

I like to hodl btcs for long so there is a no issue regarding panic selling.

[pendekar cinta]

If to hinder the desire of other traders is very difficult because the principle is different so the bitcoin price has decreased can not be avoided and make someone to be disappointed when not earning an income at all.

[19Nov16]

If many users are panicked and sell bitcoin then automatically make the stock becomes larger so the price will decrease, in this condition of course we have to be patient so that we can get big profit someday.

[joebrook]

There is no way to convince everyone or change the way they look at it. What we can do is try to prove that there are fake news that being spread and we need to filter the information that we get.

We should try and dispel any false rumors whenever we can so that people don't go and sell their bitcoins in bulk which will then make the value go down even lower. Not every investor is as resolute as we all are.

[matanglawin]

Indeed true. Selling during the market downfall will just make the situation worse because the demand is being pulled down. The demand is proportional with the market price of Bitcoin so whatever happens with the demand will reflect to the price of Bitcoin and vice versa. That is also why holding is a more necessary thing to do whenever dips are taking place.

[cloudproject]

it was very hard to convience pople to doing what they want because that their money ofcourse, all we need to do just to prevent not going worse any way buy not selling it too

[Bustart]

There is no way to convince everyone or change the way they look at it. What we can do is try to prove that there are fake news that being spread and we need to filter the information that we get.

We should try and dispel any false rumors whenever we can so that people don't go and sell their bitcoins in bulk which will then make the value go down even lower. Not every investor is as resolute as we all are.

Our greatest competitor in this market is ourselves, we tend to be very emotional and impulsive not knowing that it can cause the price to drop, because the demand is affected. Panic selling happens if we feel sudden fear of the market condition, and I don't think it can help the market to grow. During this kind of situation what we can do is to keep calm to be able to create an effective and creative decision-making.

[kkaroul4]

If many users are panicked and sell bitcoin then automatically make the stock becomes larger so the price will decrease, in this condition of course we have to be patient so that we can get big profit someday.

but with the bitcoin price down it could be for the chance of investors also to buy lots of bitcoin to be an investment that can make bitcoin prices start back up again. because many are buying bitcoin for sure if bitcoin prices go down

[mronezigger]

Selling it's a most trade and I think it's not a result of panic,they problem is that much investors are need because with other coins investors are now divided.

[GamingBro]

Of course panic selling can contribute decreasing of price, it's easy to understand because when people selling their bitcoin cheap, demand on crypto decreasing for a while and price also decreasing.

[hsyncl]

I've certainly been told that the worst thing to do since the beginning is panic sales and purchases. Now, besides harming people, these kinds of movements that are really done together cause people who are harmed to fall down on the bitcoin because of the negative opinions they tell. It just does not stay with it and it stops in front of new investments. The thing to do is simple, but the first entrants do not understand it without experiencing it. I'm afraid of panic sales if it's too small. I hope everyone wins ...

[Direwolve735]

There is no doubt that one of the main reasons for the collapse is the previous mad growth. The same speculators who break up the rate of bitcoin from $8000 to $19000, at the first signs of anxiety begin to sell immediately. The main problem is precisely this: the initiators of panic are just speculators who do not have the faintest idea about blockchain technology.

[budz0425]

Indeed true. Selling during the market downfall will just make the situation worse because the demand is being pulled down. The demand is proportional with the market price of Bitcoin so whatever happens with the demand will reflect to the price of Bitcoin and vice versa. That is also why holding is a more necessary thing to do whenever dips are taking place.

They really contributing to the price, but if we really believe in bitcoin and how it truly works then we should nothing to worry about besides dropping of the price will bring opportunity for us to buy again and to sell again when the price goes up, we should keep that in our mind don't panic.

[Vaniaevergarden]

It is completely correct that panic sell contribute to decrease the btc price because when panic sell start then supply is higer than demand as result the price comes down.