Panic selling can contribute to bitcoin price going down?

[doycku]

of course panic selling are just making the price of bitcoin just going to be crashed and just making it worse, and very bad after all, it was making the best if stay calm if not panic in kind of situation

The thing is, there's nothing to be done if the market is in a bad state. To date, I need money, He Bitcoin missed his price to 7,400 dollars. it upsets me. But I do not panic, but I just wait.

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[eren0x]

The opportunities in the crypto money world never end. When you buy and sell determine the best price for yourself. Panic in trade causes great loss

[tester4206]

it's better you can control your patience to not sell the assets you have when the price is cheap. I think when you experience a panic and after that sell your assets at a low price you surely participate to make the price of bitcoin collapsed

[udanemas]

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 can contribute to bitcoin price going down. Because it will effect to demand low and the price is going down.

[Feuerbach]

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 sales lead to lower prices. Masses very often behave irrationally and not in favor of themselves, this is a common phenomenon. Convince them in no way because they are doing it in a state of emotional stress)

[Sled]

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 sales lead to lower prices. Masses very often behave irrationally and not in favor of themselves, this is a common phenomenon. Convince them in no way because they are doing it in a state of emotional stress)

Panic is just normal in the market of the cryptocurrencies and we just need to be immune to those type of drama in the market and it is better if we will just think opposite and instead of becoming sad, we should become happy that there are people who are fooled to just sell at the lower price because we will have a chance to buy more bitcoin from a cheaper price.

[jonaire99]

Panic selling can be avoided if you know how to control emotions during trading and if you have enough knowledge on crypto trading. Panic selling is also one of the major causes of bitcoin price dips aside from the FUDs, government actions against cryptocurrencies and hackings. It js done mostly by some beginners and some investors who always panic when the price is started to go down.

[icecream sandwich]

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.

Based on my understanding about the bitcoins their price are like a supply and demand law and the more the demand or the higher the demand of the bitcoins the higher the price it will be so if you panic sell you bitcoins which is gonna lessen the demand bwcquse the supply will get higher again of course the price of the bitcoins will fall too. So prevent yourself to panic sell because you are just draging down much more the bitcoins. If you can help them just dont sell that is the least you can do.

[nicpaig]

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 youre right my friend! That is the number one root of reason that If people try to sell or dump their coins that is the reason that the market will get red in color.