Guys avoid panic sell...

[mahilchii]

After this corona deadliest disease the governments in most of the countries has announced lockdown and this has caused a stir among people's because they can't go out of home, So people are selling their asset for cheap prices. Guys this will surely impact the price of crypto and the dip will continue if it goes like this, do not panic sell have patience and just wait till the market recovers...

[TravelMug]

Thanks for the warning, but I doubt that people will heed your call here because majority are cashing out because they needed fiat to buy important things to survived in this lockdown. So as much as irrational investors are selling at a lost, what can we do? for them it doesn't make sense to hold BTC at a pandemic that we all have been facing.

But make no mistakes about it, there are still people here, who chooses to still hold on their precious bitcoin and continue to buy at this dip. We still thinks that despite that current state of the market, bitcoin will still survived long term.

[Yogee]

Do not panic buy.

People are selling their bitcoin for cheap because they panic buy as if the grocery stores and public markets will close down indefinitely. That is not the case in most countries though. Stores and other services that are essential are still open to the public.

If we look at Bitcoin's price in the last four days https://coinmarketcap.com/currencies/bitcoin/historical-data/, I can only assume that the panic selling is now over and everyone has cooled down while waiting for a cure to the virus.

[Assface16678]

Thanks for the warning, but I doubt that people will heed your call here because majority are cashing out because they needed fiat to buy important things to survived in this lockdown. So as much as irrational investors are selling at a lost, what can we do? for them it doesn't make sense to hold BTC at a pandemic that we all have been facing.

But make no mistakes about it, there are still people here, who chooses to still hold on their precious bitcoin and continue to buy at this dip. We still thinks that despite that current state of the market, bitcoin will still survived long term.

Even you are stating they want to avoid getting panic selling still they do because today while there is a pandemic outbreak many people will focus to their selves and family because they need to survive there are many people getting panic selling of foods, mask, alcohols, and more to prevent the virus attach on them also there are some places having a lockdown so they need to have a stock and enough to survive for over a month also we cannot tell until the virus still alive even there is a survivor many people still die because of this outbreak and it is better to save your selves than doubting to hold our money.

[stadus]

I don't think it will impact crypto, it will impact the economy and stocks but not in crypto.

Have you seen what is happening to crypto now? It's been standing strong with some minor recover and I guess crypto are going positive opposite to the stocks. What's making crypto strong right now are the big investors who consider crypto as a safe haven and a good store of value, so let's keep the faith high and continue to hope that this pandemic will end very soon.

[minairia3]

Have you seen what is happening to crypto now? It's been standing strong with some minor recover and I guess crypto are going positive opposite to the stocks. What's making crypto strong right now are the big investors who consider crypto as a safe haven and a good store of value, so let's keep the faith high and continue to hope that this pandemic will end very soon.

As Ive wanted to be positive about its recovery. Everyone in the world are really having a hard time to live up due to the worldwide locked down. Lucky those country that can still sustained their financial about supplies and foods. Some country are really struggling so even though the market for crypto has been seeing a good standing now, expect some dump since investors are also affected, they can withdraw funds anytime as soon as the time needed to do so. When? Its up to the degree of this spreading of corona, and the count still increasing as days pass by.

[Reid]

Easier said if you got food on your plates everyday.
You know there are a lot of people out there who are now suffering.
Companies who have rules like no work no pay. So, how are they going to make money?
Their next stop will be their savings and if it is in bitcoin or other crypto currencies then it will be sold in an instant.
They need to eat for nourishment so that they can fight back that virus.

[Question123]

But until now we don't know yet the main reason why the crypto start dumping. Maybe because of the lockdown is one of the reason because people needs money so what they have right now is to sell but I hope not all their assets was sell.

Yes because once this outbreak gone everything will back to normal and I hope the bitcoin and the altcoins starts again increasing but we really don't know sure yet what happens after this.  Panic selling is not helping people but if a investors don't have choice to sell their coins because they need money right now because they don't have have work because of the lockdown it's still good if they buy their needs.

I hope those people too who do not need money or enough money right now don't sell their coins because of simple holding your coins your helping crypto community to recover and also your money too.

[boyptc]

I think we're about to see the end of this pandemic soon.

--> https://www.washingtonpost.com/world/2020/03/27/coronavirus-latest-news/

There's no point on panic selling. What everyone must do is to buy, buying of goods and as well as investments like bitcoin.

[dothebeats]

We're fine. We had loads of sell-offs in the past due to shaky hands and guess what, we're still here. It's the way of the market to weed out the weak hands and favor those who knows what they're doing in order for the coins to not fall on the top 1%. Panic sells often happen when danger is looming--or when everybody thinks that the market direction will head towards south. It is normal. Let people panic sell, for they are the ones who doesn't know the true value of bitcoin and whether it is for keeps or not.

[Pixyoxx]

Yes i agree guys you shouldn't sell your bitcoins just wait till this deadly disease is gone and wait for the market to recover i do believe that price of bitcoin will fuel up As soon as this virus thing is over and then would be the best time to sell DO NOT PANIIC guys just wait be patient.

[virasog]

Yes i agree guys you shouldn't sell your bitcoins just wait till this deadly disease is gone and wait for the market to recover i do believe that price of bitcoin will fuel up As soon as this virus thing is over and then would be the best time to sell DO NOT PANIIC guys just wait be patient.

I think no one is panic selling bitcoin these days and no one would want to sell it for cheap as its price is so very low. The problem is that majority of the people are in a lock-down situation and due to that they fear that the essential commodities  may become expensive or disappear from the market, so everyone is looking to buy extra goods and for that you need money and if you have saved money in bitcoins only, then they will have to cash out in order to fulfill their needs.

[Sanugarid]

Easier said if you got food on your plates everyday.
You know there are a lot of people out there who are now suffering.

The sad truth is wealthy people will survive seamlessly until the quarantined days are over while poor people needs to struggle every day just to meet their daily needs frankly became more hard for them since jobs are suspended too, or if there are any there are just limited ones. People who has comfortable life right now because they have what they need should shut up on posting "Stay at home people or blah blah" coz some people can't just really do that or else they'll die/.

Companies who have rules like no work no pay. So, how are they going to make money?
Their next stop will be their savings and if it is in bitcoin or other crypto currencies then it will be sold in an instant.
They need to eat for nourishment so that they can fight back that virus.

This is where some people are wrong, they tend to not invest on something like cryptocurrency that's why in times like crisis like this they have nothing to pull off for emergency. Companies should really be considerate for their workers, the no work no pay policy should be compromised until the situation gets better because it is a matter of life and death for everyone.

[DeathAngel]

Anybody who sells now is an idiot, now is the time to buy. Always do the opposite of what the majority do.
The halving is soon, there will be significant price rises over the next 18 months.

[Wexnident]

Even if you manage to influence one, another would probably stand up against it. Maybe two, four, tens, or more. Sadly, only those with big bucks be the one to continue holding. more than 50% of the BTC supply right now hasn't moved ever since the bull run of 2017, and you can guess that even if BTC moved to below $3k, I doubt those people would move it. The market price is generally moved by those day traders, and honestly, it's a problem for day traders as well right now. Trading is a kind of a side gimmick, and their main job influences the amount of money that flows into trading. Now, since because of the quarantine, those jobs are temporarily postponed no? And day traders would most likely not risk much regarding that, so you can't really hope for much with this. IMO, better wait for the virus to pass before asking others to hodl and not panic. Would probably be much more effective.

[Rodeo02]

After this corona deadliest disease the governments in most of the countries has announced lockdown and this has caused a stir among people's because they can't go out of home, So people are selling their asset for cheap prices. Guys this will surely impact the price of crypto and the dip will continue if it goes like this, do not panic sell have patience and just wait till the market recovers...

its the rights of every people to sell thier stocks even crypto holdings as long as they want it besides if this will really affect the crypto price then the right decision will sell it before the price decline. You will never help the price increase or decrease by just holding you need to follow the flow and earn from it.

[Fundamentals Of]

After this corona deadliest disease the governments in most of the countries has announced lockdown and this has caused a stir among people's because they can't go out of home, So people are selling their asset for cheap prices. Guys this will surely impact the price of crypto and the dip will continue if it goes like this, do not panic sell have patience and just wait till the market recovers...

If they sell because they lost their livelihood or jobs, I understand them. The lockdowns in so many countries have caused a lot of employers to let go of their employees because their businesses are closing down and there is no more inflow of income. I guess there are BTC owners who are caught in such a situation and are now resorting to selling of properties which includes their BTC. I just hope that this pandemic will go away very soon so that people will resume their normal lives and probably buy back their Bitcoins.

[rodskee]

After this corona deadliest disease the governments in most of the countries has announced lockdown and this has caused a stir among people's because they can't go out of home, So people are selling their asset for cheap prices. Guys this will surely impact the price of crypto and the dip will continue if it goes like this, do not panic sell have patience and just wait till the market recovers...

Its easy said but harder to do right?people now are having no foods to eat because of lock downs do you think people will keep their assets when they are starving?
i am afraid but practicality what will people do now.
even you for sure this is what to do when crisis like this is happening.
works from home only limited and not all people has offered and government support is not enough for them to feed family.

[pooya87]

After this corona deadliest disease

it is far from being the "deadliest" disease! literary any popular diseases that you have surely heard about has a much higher mortality rate than this. such as cancer!
the biggest problem with this virus is its transmission method and it being new and not having any vaccines yet. in the same category there are scarier viruses though.

the governments in most of the countries has announced lockdown and this has caused a stir among people's because they can't go out of home, So people are selling their asset for cheap prices.

i don't think that is the reason. even the worst idiot in any market is never going to sell his "assets" in the first day of lock-down. not to mention all the buys/sells happen at home using the internet so "not being able to go out of home" is not a valid reason.

based on what i've seen the dump started from the stock market and it made perfect sense since all those companies even the gigantic ones like Amazon have been losing a lot of money every day before the crash even began since China was closed down. so their stock had to dump.
then the dump caused a lot of panic that like the virus spread to other markets and caused their crash too. bitcoin was also a victim that also had a ton of manipulation.

[ballerin and giroud]

We have different thought, I myself just thinking that this corona virus will give good impact for cryptocurrency price. And the lockdown is the reason, do you thinking that if the city decide to lockdown then there will be many people who doesn't work and they will find a place to change it. I see this thing right now, bitcoin price is still in the good trend even there are some altcoin who increase. They will learn cryptocurrency and try to trade in order to they get an income beside they stay at home. You have to see the price movement mate, and you can try to trade at this situation.