Are we going to see another PANIC

[Botnake]

we have to fight our emotions when trading and investing,
don't follow panic sell if you want the target to be reached,
if investors and traders hold then we will see more Demand than sell orders,
this will certainly make bitcoin go up and there is no another panic.

It's been said many times that panic will not help you in making good decision, you panic you lose, so should know the result if you will allow yourself to be in that position. I've learn from my past mistake, so I will never panic anymore, hopefully the newbies will not experience big mistake this bull run and instead they will learn from other people's mistakes.

[ololajulo]

I think we know more and better about the pandemic than in March. although some of conspiracy theories are not helping in managing the economy. The measures are meant to buy time before the release of the Vaccine while people stay alive. With the rate of employment decline and no palliative it could put pressure on people to take profit in few weeks. Institution dont trade like the daily traders but they help with scarcity, so individual traders will still matter with respect to panic, however,Institution have the capacity to mop up any trade in the panic.

[n0ne]

Panic sell will be done by most of the users who invest from their living expenses expecting good return in a short. This is quite risky, because with cryptocurrency we can't make perfect prediction of the market moves. This is where the panic gets initiated, the market fluctuation makes them into a dilemma whether to sell or not. This finally ends with a sell when the price drops.

[hulla]

If some bigger price corrections will follow we will definitely see panic spelling. From past experience in similar situation we can conclude that majority of people never learn anything and most of them are not experienced investors who have enough patience and can bare the pressure. Many people involved in Bitcoin are not ready for long term investment.
So, history will repeat, I'm sure of it.

There's a chance for panic sell to happen but with the market yet to reach a new ATH price and the enormous traffic which the cryptocurrency market has gained this year even if the bigger price correction happens i expected few investors (which i believe are naive investors) to panic sell.

[KTChampions]

Panic sell will be done by most of the users who invest from their living expenses expecting good return in a short. This is quite risky, because with cryptocurrency we can't make perfect prediction of the market moves. This is where the panic gets initiated, the market fluctuation makes them into a dilemma whether to sell or not. This finally ends with a sell when the price drops.

It is likely that the current growth will attract many micro-investors who will try to get easy and quick money on the growth of bitcoin. In the event that a serious correction occurs, they will sell bitcoin at any price since they do not understand the crypto market. Therefore, an option with a panic sale is very likely.

[Fatunad]

Panic sell will be done by most of the users who invest from their living expenses expecting good return in a short. This is quite risky, because with cryptocurrency we can't make perfect prediction of the market moves. This is where the panic gets initiated, the market fluctuation makes them into a dilemma whether to sell or not. This finally ends with a sell when the price drops.

It is likely that the current growth will attract many micro-investors who will try to get easy and quick money on the growth of bitcoin. In the event that a serious correction occurs, they will sell bitcoin at any price since they do not understand the crypto market. Therefore, an option with a panic sale is very likely.

They would likely to experience such stuff and its no surprise that when bitcoin hit up again its ATH then it will create some buzz which similar happened in 2017
which will driven off the price even way more higher and when it do correct or have some price crash then everyone will surely panic specially to those who bought on peak.
We cant be sure if 20k will be the level on where we do wait for some huge correction.For now lets see if it do able to held up or not
and im anticipating that panic will surely be there when the time comes that bitcoin price will go down in a fast manner.

[KTChampions]

It is likely that the current growth will attract many micro-investors who will try to get easy and quick money on the growth of bitcoin. In the event that a serious correction occurs, they will sell bitcoin at any price since they do not understand the crypto market. Therefore, an option with a panic sale is very likely.

They would likely to experience such stuff and its no surprise that when bitcoin hit up again its ATH then it will create some buzz which similar happened in 2017
which will driven off the price even way more higher and when it do correct or have some price crash then everyone will surely panic specially to those who bought on peak.
We cant be sure if 20k will be the level on where we do wait for some huge correction.For now lets see if it do able to held up or not
and im anticipating that panic will surely be there when the time comes that bitcoin price will go down in a fast manner.

Apart from this obvious scenario, we must not forget the miners yet. When the price starts to rise, they will start to bring new capacities into operation like an avalanche. This will gradually reduce the profitability of mining and at some point miners will be forced to sell most of the mined bitcoins. This will have an additional impact on the market.

[Ayiranorea]

Panic sell will be done by most of the users who invest from their living expenses expecting good return in a short. This is quite risky, because with cryptocurrency we can't make perfect prediction of the market moves. This is where the panic gets initiated, the market fluctuation makes them into a dilemma whether to sell or not. This finally ends with a sell when the price drops.

It is likely that the current growth will attract many micro-investors who will try to get easy and quick money on the growth of bitcoin. In the event that a serious correction occurs, they will sell bitcoin at any price since they do not understand the crypto market. Therefore, an option with a panic sale is very likely.

This time the chance of panic sell is low. Previously the market jumped high and dropped low in high margin. This really creates panic among the traders and investors who are new to the market. This time the market is quite stable and growing without much of hype and much of sideway deviation. Panic wave won't happen unless a major crash happens, and if something unexpected happens suddenly the market gets pulled down drastically as people tend to take back the profit which directly affect the marketcap.

[Zemomtum]

I hope we have pass that stage as BTC about to begin its bull run that will attract institutional investors into the arena. Many surprises lies ahead of the year 2021.

[plr]

We will only see that after we hit another all-time high and investors did not panic after a month, if there is no panic Bitcoin will continue to create more all time high, I guess we are not yet ready in 2017 that is why the market crashes, but now investors have already matured and they are more enlightened compared 2017.

[Question123]

There is possibility now that people are panic if they saw only a some decrease but I hope crypto user will be relax once the price dump but Im very happy right now of what is price of the bitcoin because 20k dollars is really possible so we need to be ready this year a high possibility to hit this price. Panic will not help to us it can cause only a trouble for us because we are affected if the big dump happen.

[virasog]

We will only see that after we hit another all-time high and investors did not panic after a month, if there is no panic Bitcoin will continue to create more all time high, I guess we are not yet ready in 2017 that is why the market crashes, but now investors have already matured and they are more enlightened compared 2017.

I think we are already witness another panic as bitcoin is dumping fast and is below 18000$. The big question is how far will this dump today before being rebound. I think it will test the support now and the short term investors will be out of the trade.

[Russlenat]

It has started, and I think this is it, the correction that we are expecting and I don't know how low it will dump.
From $18k+, bitcoin is now only traded at $17600, makes bitcoin dropped 5% in less than 24 hours, and it's not done yet for sure.

Brace yourselves for a possible big dump to come!

[pucunghul]

have you prepared yourself to see the increase that will occur?
Bitcoin has not undergone a correction, and it is clear that a correction will come and make panic selling occur.

[redsun114]

I doubt that people would ever panic the way they did during 2018. Nowadays there are people who sell 100+ million dollars worth of bitcoin during this period and it was all eaten up by the order book and the price kept going up, or had a small fall but went back up very quickly.

I have seen it with my own eyes, the price was around $17k or a bit higher and it went down under $17k to levels like $16.8k for a while because of a HUGE sell pressure, and order books just took that all dropped a bit and kept moving forward easily without ever crashing. Nobody acted with panic, nobody got scared, everyone just kept on chugging without stopping and kept on buying. That means panic is something real in crypto world but not looking like a big deal right now.

[Furious 7]

It has started, and I think this is it, the correction that we are expecting and I don't know how low it will dump.
From $18k+, bitcoin is now only traded at $17600, makes bitcoin dropped 5% in less than 24 hours, and it's not done yet for sure.

Brace yourselves for a possible big dump to come!

No, bitcoin remains intact trading $ 18k + and see with that base drop back quickly so I think this is just the start to go up to $ 20k in the near future.
Still, we will correct what happens in the future, but in my opinion the trash will not come, but history will repeat itself this year and we must prepare when it soars.
I've been speculating that this will soon come in the not too distant future.

[KTChampions]

It is likely that the current growth will attract many micro-investors who will try to get easy and quick money on the growth of bitcoin. In the event that a serious correction occurs, they will sell bitcoin at any price since they do not understand the crypto market. Therefore, an option with a panic sale is very likely.

This time the chance of panic sell is low. Previously the market jumped high and dropped low in high margin. This really creates panic among the traders and investors who are new to the market. This time the market is quite stable and growing without much of hype and much of sideway deviation. Panic wave won't happen unless a major crash happens, and if something unexpected happens suddenly the market gets pulled down drastically as people tend to take back the profit which directly affect the marketcap.

Why do you think that nothing unexpected can happen now? Right now, this is very likely - I see great instability in all important areas: politics, economics, medicine. In addition, unforeseen crashes of exchanges always happen, the reasons for which we learn only from the news.

[carlisle1]

Bitcoin has decreased significantly within last days. In some of the local group I am active, some people are trying to sell their Bitcoin, some are looking for what's happening and it seems to be little panic here.
If the price continue to decrease, I think it will create more panic which will bring capitulation, will not it?

Seems like that was the last panicking happen this whole year because as we can see in market we are entering the Bull market once again and if ever there is a fall maybe just a little comparing to what we have last March.
And also People here now are learning from their past mistakes that Panicking will bring them nothing but losses and bitterness.
And also it is not Only Bitcoin who has been sold in the last pandemic instead almost every coin that has been in hands of holders being withdrawn and just converted to bitcoin before fiat.

[Japinat]

Bitcoin has decreased significantly within last days. In some of the local group I am active, some people are trying to sell their Bitcoin, some are looking for what's happening and it seems to be little panic here.
If the price continue to decrease, I think it will create more panic which will bring capitulation, will not it?

Seems like that was the last panicking happen this whole year because as we can see in market we are entering the Bull market once again and if ever there is a fall maybe just a little comparing to what we have last March.
And also People here now are learning from their past mistakes that Panicking will bring them nothing but losses and bitterness.
And also it is not Only Bitcoin who has been sold in the last pandemic instead almost every coin that has been in hands of holders being withdrawn and just converted to bitcoin before fiat.

Panic always happens in the market, whether panic buying or selling, manipulators are still dominant here.

What we have witnessed in the past days was just a small dump, bitcoin is back in action again but always expect the possibility of bitcoin going back to $17k and even lower, it's normal as it has pumped so much in just a short period of time, correction really is needed.

[kentrolla]

we have to fight our emotions when trading and investing,
don't follow panic sell if you want the target to be reached,
if investors and traders hold then we will see more Demand than sell orders,
this will certainly make bitcoin go up and there is no another panic.

If you are trading just enjoy each and every moment at this point of time short term investors are taking the credibility than long term investors.

Trust me you can earn even in day trading as the fluctuations are extremely good that's the thing you need in day trading buy/sell for small profits and make as money as much as you can, BTC is giving multiple options now the choice is yours.